Montero Mining and Exploration Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 878.00 | 193.00 | 282.00 | 418.00 |
| Gross Profit | -878.00 | -193.00 | -282.00 | -418.00 |
| Selling General And Administration | 1.9M | 428,089 | 317,778 | 465,718 |
| General And Administrative Expense | 1.9M | 428,089 | 317,778 | 465,718 |
| Other Operating Expenses | 47,384 | 54,406 | 29,398 | 29,168 |
| Operating Expense | 1.9M | 482,495 | 347,176 | 494,886 |
| Operating Income | -1.9M | -482,688 | -347,458 | -495,304 |
| EBIT | 17.9M | -592,205 | -490,755 | -1.4M |
| Interest Expense | 5,868 | 7,341 | 2,500 | 2,500 |
| Interest Expense Non Operating | 5,868 | 7,341 | 2,500 | 2,500 |
| Net Interest Income | -5,868 | -7,341 | -2,500 | -2,500 |
| Other Income Expense | 19.8M | -109,517 | -143,297 | -871,721 |
| Other Non Operating Income Expenses | -- | -- | -- | 62,311 |
| Special Income Charges | 19.8M | -97,917 | -144,965 | -947,724 |
| Gain On Sale Of Security | -27,267 | -11,600 | 1,668 | 13,692 |
| Pretax Income | 17.9M | -599,546 | -493,255 | -1.4M |
| Tax Effect Of Unusual Items | 3.0M | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 17.9M | -599,546 | -493,255 | -1.4M |
| Net Income From Continuing Operation Net Minority Interest | 17.9M | -599,546 | -493,255 | -1.4M |
| Net Income Including Noncontrolling Interests | 17.9M | -599,546 | -493,255 | -1.4M |
| Net Income Common Stockholders | 17.9M | -599,546 | -493,255 | -1.4M |
| Net Income | 17.9M | -599,546 | -493,255 | -1.4M |
| EBITDA | 17.9M | -592,012 | -490,473 | -1.4M |
| Normalized EBITDA | -1.9M | -482,495 | -347,176 | -432,575 |
| Reconciled Depreciation | 878.00 | 193.00 | 282.00 | 418.00 |
| Basic EPS | 2.28 | -0.12 | -0.06 | -0.24 |
| Diluted EPS | 2.28 | -0.12 | -0.06 | -0.24 |
| Basic Average Shares | 7.8M | 6.4M | 6.4M | 6.4M |
| Diluted Average Shares | 7.8M | 6.4M | 6.4M | 6.4M |
| Total Unusual Items | 19.8M | -109,517 | -143,297 | -934,032 |
| Total Unusual Items Excluding Goodwill | 19.8M | -109,517 | -143,297 | -934,032 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.00 |
| Normalized Income | 1.0M | -490,029 | -349,958 | -435,493 |
| Diluted NI Availto Com Stockholders | 17.9M | -599,546 | -493,255 | -1.4M |
| Gain On Sale Of Business | -- | -- | 0.00 | 71,240 |
| Impairment Of Capital Assets | 279,340 | 97,917 | 294,965 | 1.0M |
| Net Income Continuous Operations | 17.9M | -599,546 | -493,255 | -1.4M |
| Net Non Operating Interest Income Expense | -5,868 | -7,341 | -2,500 | -2,500 |
| Other Gand A | 398,963 | 428,089 | 317,778 | 426,218 |
| Other Special Charges | -20.1M | -- | -150,000 | -- |
| Provision For Doubtful Accounts | -- | -- | -- | 0.00 |
| Reconciled Cost Of Revenue | 878.00 | 193.00 | 282.00 | 418.00 |
| Salaries And Wages | 1.5M | 0.00 | 0.00 | 39,500 |
| Total Expenses | 1.9M | 482,688 | 347,458 | 495,304 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 417,527 | 9,641 | 4,718 | 241,178 |
| Cash Cash Equivalents And Short Term Investments | 923,453 | 9,641 | 4,718 | 241,178 |
| Cash Financial | 417,527 | 9,641 | 4,718 | 241,178 |
| Other Short Term Investments | 505,926 | 0.00 | -- | -- |
| Receivables | 19.9M | 3,207 | 4,336 | 4,924 |
| Prepaid Assets | 42,421 | 29,889 | 29,086 | 49,547 |
| Current Assets | 20.9M | 42,737 | 38,140 | 295,649 |
| Gross PPE | 817,077 | 862,621 | 602,774 | 517,915 |
| Accumulated Depreciation | -43,527 | -42,649 | -42,456 | -42,174 |
| Net PPE | 773,550 | 819,972 | 560,318 | 475,741 |
| Total Non Current Assets | 773,550 | 819,972 | 560,318 | 475,741 |
| Total Assets | 21.7M | 862,709 | 598,458 | 771,390 |
| Current Debt | 216,986 | 266,120 | 56,762 | -- |
| Current Debt And Capital Lease Obligation | 216,986 | 266,120 | 56,762 | -- |
| Accounts Payable | 23,968 | 142,921 | 99,881 | 112,889 |
| Payables | 495,734 | 1.3M | 669,837 | 412,688 |
| Payables And Accrued Expenses | 528,734 | 1.4M | 702,530 | 438,969 |
| Current Accrued Expenses | 33,000 | 61,000 | 32,693 | 26,281 |
| Current Liabilities | 745,720 | 1.6M | 759,292 | 438,969 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 745,720 | 1.6M | 759,292 | 438,969 |
| Common Stock | 20.5M | 18.1M | 18.1M | 18.1M |
| Capital Stock | 20.5M | 18.1M | 18.1M | 18.1M |
| Retained Earnings | -10.9M | -28.8M | -28.2M | -27.7M |
| Gains Losses Not Affecting Retained Earnings | 1.0M | 1.0M | 1.0M | 1.0M |
| Common Stock Equity | 20.9M | -760,380 | -160,834 | 332,421 |
| Stockholders Equity | 20.9M | -760,380 | -160,834 | 332,421 |
| Total Equity Gross Minority Interest | 20.9M | -760,380 | -160,834 | 332,421 |
| Total Capitalization | 20.9M | -760,380 | -160,834 | 332,421 |
| Net Tangible Assets | 20.9M | -760,380 | -160,834 | 332,421 |
| Tangible Book Value | 20.9M | -760,380 | -160,834 | 332,421 |
| Working Capital | 20.2M | -1.6M | -721,152 | -143,320 |
| Invested Capital | 21.1M | -494,260 | -104,072 | 332,421 |
| Total Debt | 216,986 | 266,120 | 56,762 | -- |
| Net Debt | -- | 256,479 | 52,044 | -- |
| Share Issued | 8.4M | 6.4M | 6.4M | 6.4M |
| Ordinary Shares Number | 8.4M | 6.4M | 6.4M | 6.4M |
| Dueto Related Parties Current | 471,766 | 1.2M | 569,956 | 299,799 |
| Foreign Currency Translation Adjustments | 1.0M | 1.0M | 1.0M | 1.0M |
| Machinery Furniture Equipment | 8,458 | 3,086 | 3,087 | 3,087 |
| Other Equity Interest | 10.3M | 8.8M | 8.8M | 8.8M |
| Other Properties | 808,619 | 859,535 | 599,687 | 514,828 |
| Other Receivables | 19.9M | 3,207 | 4,336 | 4,924 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -788,434 | -122,323 | -172,199 | -329,392 |
| Cash Flow From Continuing Operating Activities | -788,434 | -122,323 | -172,199 | -329,392 |
| Depreciation And Amortization | 878.00 | 193.00 | 282.00 | 418.00 |
| Depreciation Amortization Depletion | 878.00 | 193.00 | 282.00 | 418.00 |
| Stock Based Compensation | 1.4M | 0.00 | -- | 0.00 |
| Change In Working Capital | -20.6M | 371,755 | 173,309 | 151,802 |
| Change In Receivables | -19.9M | 1,129 | 588.00 | 1,806 |
| Change In Payables And Accrued Expense | -635,184 | 371,429 | 152,260 | 164,007 |
| Change In Payable | -635,184 | 371,429 | 152,260 | 164,007 |
| Other Non Cash Items | 4,202 | 7,358 | 2,500 | -59,811 |
| Capital Expenditure | -233,617 | -397,272 | -340,226 | -1.2M |
| Purchase Of PPE | -5,372 | 0.00 | -340,226 | -1.2M |
| Net PPE Purchase And Sale | -5,372 | 0.00 | -340,226 | -1.2M |
| Purchase Of Investment | -500,000 | 0.00 | -- | -- |
| Net Investment Purchase And Sale | -500,000 | 0.00 | -- | -- |
| Investing Cash Flow | -733,617 | -397,272 | -340,226 | -1.2M |
| Cash Flow From Continuing Investing Activities | -733,617 | -397,272 | -340,226 | -1.2M |
| Issuance Of Debt | -- | 202,000 | 0.00 | -- |
| Repayment Of Debt | -59,262 | -- | -- | -- |
| Net Issuance Payments Of Debt | -59,262 | 202,000 | 0.00 | -- |
| Issuance Of Capital Stock | 2.1M | 0.00 | -- | 0.00 |
| Net Common Stock Issuance | 2.1M | 0.00 | -- | 0.00 |
| Financing Cash Flow | 1.9M | 524,518 | 275,965 | 35,000 |
| Cash Flow From Continuing Financing Activities | 1.9M | 524,518 | 275,965 | 35,000 |
| Changes In Cash | 407,886 | 4,923 | -236,460 | -1.5M |
| Beginning Cash Position | 9,641 | 4,718 | 241,178 | 1.7M |
| End Cash Position | 417,527 | 9,641 | 4,718 | 241,178 |
| Free Cash Flow | -1.0M | -519,595 | -512,425 | -1.5M |
| Asset Impairment Charge | 279,340 | 97,917 | 294,965 | 1.0M |
| Capital Expenditure Reported | -228,245 | -397,272 | -340,226 | -1.2M |
| Change In Prepaid Assets | -5,762 | -803.00 | 20,461 | -14,011 |
| Common Stock Issuance | 2.1M | 0.00 | -- | 0.00 |
| Depreciation | 878.00 | 193.00 | 282.00 | 418.00 |
| Gain Loss On Sale Of Business | -- | -- | 0.00 | -71,240 |
| Net Income From Continuing Operations | 17.9M | -599,546 | -493,255 | -1.4M |
| Net Other Financing Charges | -118,004 | 322,518 | 275,965 | -- |
| Net Short Term Debt Issuance | -59,262 | 202,000 | 0.00 | -- |
| Operating Gains Losses | 170,732 | -- | -150,000 | -71,240 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 35,000 |
| Short Term Debt Issuance | -- | 202,000 | 0.00 | -- |
| Short Term Debt Payments | -59,262 | -- | -- | -- |