Minco Capital Corp.

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Total Revenue	176,086	42,406	628,380	-286,712	-950,188
Operating Revenue	176,086	42,406	628,380	-286,712	-950,188
Cost Of Revenue	17,286	21,116	24,618	23,850	22,102
Gross Profit	158,800	21,290	603,762	-310,562	-972,290
Selling General And Administration	66,758	46,818	36,839	42,960	46,758
General And Administrative Expense	66,758	46,818	36,839	42,960	46,758
Depreciation And Amortization In Income Statement	9,133	9,134	9,133	9,029	9,169
Other Operating Expenses	-776,191	-722,762	353,590	-289,995	-850,804
Operating Expense	-700,300	-666,810	399,562	-238,006	-794,877
Operating Income	859,100	688,100	204,200	-72,556	-177,413
EBIT	856,674	658,135	193,752	-74,590	-183,827
Interest Expense	2,409	2,620	2,774	2,937	3,186
Interest Expense Non Operating	2,409	2,620	2,774	2,937	3,186
Net Interest Income	-2,409	-2,620	-2,774	-2,937	-3,186
Other Income Expense	-2,426	-29,965	-10,448	-2,034	-6,414
Gain On Sale Of Security	-2,426	-29,965	-10,448	-2,034	-6,414
Pretax Income	854,265	655,515	190,978	-77,527	-187,013
Tax Effect Of Unusual Items	-363.90	-4,495	-1,567	0.00	0.00
Net Income From Continuing And Discontinued Operation	854,265	655,515	190,978	-77,527	-187,013
Net Income From Continuing Operation Net Minority Interest	854,265	655,515	190,978	-77,527	-187,013
Net Income Including Noncontrolling Interests	854,265	655,515	190,978	-77,527	-187,013
Net Income Common Stockholders	854,265	655,515	190,978	-77,527	-187,013
Net Income	854,265	655,515	190,978	-77,527	-187,013
EBITDA	865,807	667,269	202,885	-65,561	-174,658
Normalized EBITDA	868,233	697,234	213,333	-63,527	-168,244
Reconciled Depreciation	9,133	9,134	9,133	9,029	9,169
Basic EPS	0.02	0.02	0.00	--	-0.01
Diluted EPS	0.02	0.02	0.00	--	-0.01
Basic Average Shares	43.4M	43.4M	43.4M	--	43.4M
Diluted Average Shares	43.4M	43.4M	43.4M	--	43.4M
Total Unusual Items	-2,426	-29,965	-10,448	-2,034	-6,414
Total Unusual Items Excluding Goodwill	-2,426	-29,965	-10,448	-2,034	-6,414
Tax Rate For Calcs	0.15	0.15	0.15	0.00	0.00
Normalized Income	856,327	680,985	199,859	-75,493	-180,599
Amortization	9,133	9,134	9,133	9,029	9,169
Amortization Of Intangibles Income Statement	9,133	9,134	9,133	9,029	9,169
Depreciation Amortization Depletion Income Statement	9,133	9,134	9,133	9,029	9,169
Diluted NI Availto Com Stockholders	854,265	655,515	190,978	-77,527	-187,013
Net Income Continuous Operations	854,265	655,515	190,978	-77,527	-187,013
Net Non Operating Interest Income Expense	-2,409	-2,620	-2,774	-2,937	-3,186
Other Gand A	35,137	33,573	30,339	37,460	33,737
Reconciled Cost Of Revenue	17,286	21,116	24,618	23,850	22,102
Salaries And Wages	31,621	13,245	6,500	5,500	13,021
Total Expenses	-683,014	-645,694	424,180	-214,156	-772,775
Total Operating Income As Reported	856,691	685,480	201,426	-75,493	-180,599

Line Item	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Cash And Cash Equivalents	323,349	124,614	1.1M	212,636	298,485
Cash Cash Equivalents And Short Term Investments	6.9M	6.0M	5.3M	5.1M	5.2M
Cash Equivalents	--	--	500,000	--	--
Cash Financial	323,349	124,614	553,935	212,636	298,485
Other Short Term Investments	6.5M	5.8M	4.3M	4.9M	4.9M
Accounts Receivable	1,574	2,349	13,544	7,549	13,121
Receivables	1,691	7,412	13,544	7,549	15,201
Prepaid Assets	29,138	40,486	15,982	21,636	28,836
Current Assets	6.9M	6.0M	5.4M	5.2M	5.2M
Gross PPE	94,115	103,247	112,382	121,514	131,148
Net PPE	94,115	103,247	112,382	121,514	131,148
Total Non Current Assets	107,263	116,395	125,530	134,662	144,296
Total Assets	7.0M	6.1M	5.5M	5.3M	5.4M
Current Debt And Capital Lease Obligation	42,638	41,617	40,678	39,697	38,909
Accounts Payable	28,598	27,799	39,912	37,463	22,566
Payables	34,532	27,799	42,157	37,463	22,566
Payables And Accrued Expenses	34,532	27,799	42,157	37,463	22,566
Current Liabilities	77,170	69,416	82,835	77,160	61,475
Long Term Debt And Capital Lease Obligation	74,996	86,781	95,454	106,653	118,158
Long Term Capital Lease Obligation	74,996	86,781	95,454	106,653	118,158
Total Non Current Liabilities Net Minority Interest	74,996	86,781	95,454	106,653	118,158
Total Liabilities Net Minority Interest	152,166	156,197	178,289	183,813	179,633
Common Stock	35.8M	35.9M	35.9M	35.9M	35.9M
Capital Stock	35.8M	35.9M	35.9M	35.9M	35.9M
Additional Paid In Capital	10.5M	10.5M	10.5M	10.5M	10.5M
Retained Earnings	-39.5M	-40.5M	-41.1M	-41.3M	-41.2M
Treasury Stock	0.00	--	--	--	--
Common Stock Equity	6.8M	6.0M	5.3M	5.1M	5.2M
Stockholders Equity	6.8M	6.0M	5.3M	5.1M	5.2M
Total Equity Gross Minority Interest	6.8M	6.0M	5.3M	5.1M	5.2M
Total Capitalization	6.8M	6.0M	5.3M	5.1M	5.2M
Net Tangible Assets	6.8M	6.0M	5.3M	5.1M	5.2M
Tangible Book Value	6.8M	6.0M	5.3M	5.1M	5.2M
Working Capital	6.8M	5.9M	5.3M	5.1M	5.2M
Invested Capital	6.8M	6.0M	5.3M	5.1M	5.2M
Total Debt	117,634	128,398	136,132	146,350	157,067
Share Issued	43.2M	43.4M	43.4M	43.4M	43.4M
Ordinary Shares Number	43.2M	43.4M	43.4M	43.4M	43.4M
Capital Lease Obligations	117,634	128,398	136,132	146,350	157,067
Current Capital Lease Obligation	42,638	41,617	40,678	39,697	38,909
Duefrom Related Parties Current	117.00	5,063	--	0.00	2,080
Dueto Related Parties Current	5,934	0.00	2,245	0.00	0.00
Non Current Prepaid Assets	13,148	13,148	13,148	13,148	13,148
Other Properties	94,115	103,247	112,382	121,514	131,148

Line Item	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024
Operating Cash Flow	223,631	-918,967	854,291	-72,800	-53,528
Cash Flow From Continuing Operating Activities	923,631	-1.6M	854,291	-72,800	-53,528
Depreciation And Amortization	9,133	9,134	9,133	9,029	9,169
Depreciation Amortization Depletion	9,133	9,134	9,133	9,029	9,169
Stock Based Compensation	26,121	7,745	0.00	0.00	7,521
Change In Working Capital	23,801	-32,729	4,352	29,749	12,750
Change In Receivables	775.00	11,195	-5,995	5,572	-8,172
Change In Payables And Accrued Expense	798.00	-12,112	2,448	14,897	3,679
Change In Other Working Capital	10,880	-7,308	2,245	2,080	6,448
Other Non Cash Items	210,430	-606,287	719,269	-28,880	4,344
Repayment Of Debt	-13,173	-10,354	-12,992	-13,049	-13,048
Net Issuance Payments Of Debt	-13,173	-10,354	-12,992	-13,049	-13,048
Repurchase Of Capital Stock	-11,723	0.00	0.00	0.00	0.00
Net Common Stock Issuance	-11,723	0.00	0.00	0.00	0.00
Common Stock Payments	-11,723	0.00	0.00	0.00	0.00
Financing Cash Flow	-24,896	-10,354	-12,992	-13,049	-13,048
Cash Flow From Continuing Financing Activities	-24,896	-10,354	-12,992	-13,049	-13,048
Changes In Cash	198,735	-929,321	841,299	-85,849	-66,576
Beginning Cash Position	124,614	1.1M	212,636	298,485	365,061
End Cash Position	323,349	124,614	1.1M	212,636	298,485
Free Cash Flow	223,631	-918,967	854,291	-72,800	-53,528
Income Tax Paid Supplemental Data	0.00	0.00	0.00	0.00	0.00
Interest Paid Supplemental Data	0.00	0.00	0.00	0.00	0.00
Amortization Cash Flow	9,133	9,134	9,133	9,029	9,169
Amortization Of Intangibles	9,133	9,134	9,133	9,029	9,169
Change In Prepaid Assets	11,348	-24,504	5,654	7,200	10,795
Gain Loss On Investment Securities	-117,600	-223,282	-416,725	296,135	960,787
Long Term Debt Payments	-13,173	-10,354	-12,992	-13,049	-13,048
Net Income From Continuing Operations	854,265	655,515	190,978	-77,527	-187,013
Net Long Term Debt Issuance	-13,173	-10,354	-12,992	-13,049	-13,048
Operating Gains Losses	-117,600	-223,282	-416,725	296,135	960,787
Unrealized Gain Loss On Investment Securities	-782,519	-729,063	347,284	-301,306	-861,086