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NEO Battery Materials Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024
Total Revenue 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Cost Of Revenue 85,274 83,727 75,189 73,310 69,728
Gross Profit -85,274 -83,727 -75,189 -73,310 -69,728
Selling General And Administration 2.1M 642,172 1.2M 339,098 1.8M
General And Administrative Expense 1.9M 642,172 1.2M 332,583 1.8M
Research And Development 126,914 169,027 136,112 251,909 21,334
Other Operating Expenses 187,057 117,198 40,683 63,922 19,822
Operating Expense 2.4M 928,397 1.4M 654,929 1.8M
Operating Income -2.5M -1.0M -1.5M -728,239 -1.9M
EBIT -2.4M -1.0M -1.5M -719,791 -1.9M
Interest Expense 205,929 8,301 5,679 1,456 7,060
Interest Expense Non Operating 205,929 8,301 5,679 1,456 7,060
Interest Income 36,096 2,852 705.00 6,241 6,404
Interest Income Non Operating 36,096 2,852 705.00 6,241 6,404
Net Interest Income -169,833 -5,449 -4,974 4,785 -656.00
Other Income Expense -- 8,548 -- 2,207 -974.00
Special Income Charges -- -- -- 0.00 0.00
Write Off -- -- -- -- --
Gain On Sale Of Security -- 8,548 -- 2,207 -974.00
Pretax Income -2.6M -1.0M -1.5M -721,247 -1.9M
Tax Provision -- 0.00 -- -- --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -2.4M -933,090 -1.4M -518,624 -1.8M
Net Income From Continuing Operation Net Minority Interest -2.4M -933,090 -1.4M -518,624 -1.8M
Net Income Including Noncontrolling Interests -2.6M -1.0M -1.5M -721,247 -1.9M
Minority Interests 252,090 75,935 81,013 202,623 60,803
Net Income Common Stockholders -2.4M -933,090 -1.4M -518,624 -1.8M
Net Income -2.4M -933,090 -1.4M -518,624 -1.8M
EBITDA -2.3M -916,997 -1.4M -646,481 -1.8M
Normalized EBITDA -2.3M -925,545 -1.4M -648,688 -1.8M
Reconciled Depreciation 85,274 83,727 75,189 73,310 69,728
Basic EPS -0.02 -0.01 -0.01 -- -0.02
Diluted EPS -0.02 -0.01 -0.01 -- -0.02
Basic Average Shares 124.5M 120.5M 119.2M -- 115.9M
Diluted Average Shares 124.5M 120.5M 119.2M -- 115.9M
Total Unusual Items -- 8,548 -- 2,207 -974.00
Total Unusual Items Excluding Goodwill -- 8,548 -- 2,207 -974.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -2.4M -941,638 -1.4M -520,831 -1.8M
Diluted NI Availto Com Stockholders -2.4M -933,090 -1.4M -518,624 -1.8M
Net Income Continuous Operations -2.6M -1.0M -1.5M -721,247 -1.9M
Net Non Operating Interest Income Expense -169,833 -5,449 -4,974 4,785 -656.00
Other Gand A 527,547 285,740 208,737 937,239 157,562
Reconciled Cost Of Revenue 85,274 83,727 75,189 73,310 69,728
Rent And Landing Fees 70,149 21,826 20,008 19,739 15,372
Rent Expense Supplemental 70,149 21,826 20,008 19,739 15,372
Salaries And Wages 1.3M 334,606 995,889 -624,395 1.6M
Selling And Marketing Expense 126,257 0.00 0.00 6,515 7,382
Total Expenses 2.5M 1.0M 1.5M 728,239 1.9M
Total Operating Income As Reported -2.5M -1.0M -1.5M -728,239 -1.9M
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024
Cash And Cash Equivalents 4.8M 155,798 63,775 369,694 759,237
Cash Cash Equivalents And Short Term Investments 4.8M 155,798 63,775 369,694 759,237
Receivables 774,916 55,994 40,527 31,877 22,136
Prepaid Assets 3.1M 189,473 127,707 194,408 93,907
Other Current Assets -- -- -- -- --
Current Assets 8.6M 401,265 232,009 595,979 875,280
Gross PPE 1.5M 1.5M 1.4M 1.2M 1.2M
Accumulated Depreciation -645,025 -604,977 -546,973 -482,721 -437,070
Net PPE 827,176 927,715 837,473 767,023 808,169
Goodwill And Other Intangible Assets 60,180 57,839 55,877 56,695 57,149
Other Intangible Assets 60,180 57,839 55,877 56,695 57,149
Total Non Current Assets 887,356 985,554 893,350 823,718 1.6M
Total Assets 9.5M 1.4M 1.1M 1.4M 2.5M
Current Debt And Capital Lease Obligation 70,727 70,887 17,799 27,037 36,003
Accounts Payable 562,123 684,413 565,178 318,507 345,831
Payables 562,123 684,413 565,178 318,507 345,831
Payables And Accrued Expenses 935,203 820,276 778,601 486,021 490,561
Current Accrued Expenses 373,080 135,863 213,423 167,514 144,730
Current Liabilities 1.0M 891,163 796,400 513,058 526,564
Long Term Debt And Capital Lease Obligation 158,947 184,296 138,278 141,031 141,656
Long Term Capital Lease Obligation 158,947 184,296 138,278 141,031 141,656
Total Non Current Liabilities Net Minority Interest 158,947 184,296 138,278 141,031 141,656
Total Liabilities Net Minority Interest 1.2M 1.1M 934,678 654,089 668,220
Common Stock 34.2M 28.1M 27.5M 27.5M 26.9M
Capital Stock 34.2M 28.1M 27.5M 27.5M 26.9M
Retained Earnings -41.5M -39.2M -38.2M -36.8M -36.3M
Gains Losses Not Affecting Retained Earnings 16.4M 11.7M 11.2M 10.3M 11.2M
Other Equity Adjustments 16.4M 11.7M 11.2M 10.3M 11.2M
Common Stock Equity 9.0M 680,466 483,852 977,766 1.8M
Stockholders Equity 9.0M 680,466 483,852 977,766 1.8M
Total Equity Gross Minority Interest 8.4M 311,360 190,681 765,608 1.8M
Minority Interest -621,196 -369,106 -293,171 -212,158 -9,535
Total Capitalization 9.0M 680,466 483,852 977,766 1.8M
Net Tangible Assets 8.9M 622,627 427,975 921,071 1.8M
Tangible Book Value 8.9M 622,627 427,975 921,071 1.8M
Working Capital 7.6M -489,898 -564,391 82,921 348,716
Invested Capital 9.0M 680,466 483,852 977,766 1.8M
Total Debt 229,674 255,183 156,077 168,068 177,659
Share Issued 141.8M 121.1M 119.2M 119.2M 118.4M
Ordinary Shares Number 141.8M 121.1M 119.2M 119.2M 118.4M
Buildings And Improvements -- -- -- -- 153,056
Capital Lease Obligations 229,674 255,183 156,077 168,068 177,659
Current Capital Lease Obligation 70,727 70,887 17,799 27,037 36,003
Leases -- -- -- -- --
Machinery Furniture Equipment 221,926 219,272 217,509 211,315 211,077
Non Current Prepaid Assets -- -- -- 0.00 750,387
Other Properties 1.3M 1.3M 1.2M 1.0M 881,106
Properties -- -- -- -- 0.00
Taxes Receivable 774,916 55,994 40,527 31,877 22,136
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024
Operating Cash Flow -5.0M -687,531 -152,941 -593,499 -330,952
Cash Flow From Continuing Operating Activities -5.0M -687,531 -152,941 -593,499 -899,051
Depreciation And Amortization 85,274 83,727 75,189 73,310 69,728
Depreciation Amortization Depletion 85,274 83,727 75,189 73,310 69,728
Stock Based Compensation 778,101 265,024 897,152 -582,624 1.5M
Deferred Tax 0.00 -- -- -- -96.00
Deferred Income Tax 0.00 -- -- -- -96.00
Change In Working Capital -3.5M -35,558 350,631 -105,351 -86,116
Change In Receivables -718,922 -15,467 -8,650 -9,741 -108,748
Change In Payables And Accrued Expense 114,927 41,675 292,580 -4,324 7,364
Other Non Cash Items 205,929 8,301 5,679 1,456 575,159
Capital Expenditure -11,309 -64,691 -139,458 -10,380 -75.00
Purchase Of PPE -7,338 -61,339 -139,078 -8,653 70.00
Net PPE Purchase And Sale -7,338 -61,339 -139,078 -8,653 70.00
Investing Cash Flow -11,309 -64,691 -139,458 -10,380 -75.00
Cash Flow From Continuing Investing Activities -11,309 -64,691 -139,458 -10,380 -75.00
Repayment Of Debt -23,300 -26,360 -18,870 -45,423 -95.00
Net Issuance Payments Of Debt -23,300 -26,360 -18,870 -45,423 -95.00
Issuance Of Capital Stock 10.0M -- -- 3.00 800,000
Net Common Stock Issuance 10.0M -- -- 3.00 800,000
Financing Cash Flow 10.0M 859,140 -13,870 221,017 1.0M
Cash Flow From Continuing Financing Activities 10.0M 857,140 -13,870 221,017 1.0M
Effect Of Exchange Rate Changes -303,736 -14,895 350.00 -6,681 -23,215
Changes In Cash 5.0M 106,918 -306,269 -382,862 671,878
Beginning Cash Position 155,798 63,775 369,694 759,237 110,574
End Cash Position 4.8M 155,798 63,775 369,694 759,237
Free Cash Flow -5.0M -752,222 -292,399 -603,879 -331,027
Amortization Cash Flow 65,393 123,824 1,250 54,391 56,020
Amortization Of Intangibles 65,393 123,824 1,250 54,391 56,020
Change In Prepaid Assets -2.9M -61,766 66,701 -91,286 15,268
Common Stock Issuance 10.0M -- -- 3.00 800,000
Depreciation 19,881 -40,097 73,939 18,919 13,708
Long Term Debt Payments -23,300 -26,360 -18,870 -45,423 -95.00
Net Income From Continuing Operations -2.6M -1.0M -1.5M -721,247 -2.4M
Net Intangibles Purchase And Sale -3,971 -3,352 -380.00 -1,727 -145.00
Net Long Term Debt Issuance -23,300 -26,360 -18,870 -45,423 -95.00
Net Other Financing Charges -- -- -- -- --
Proceeds From Stock Option Exercised 45,000 29,000 5,000 266,437 203,000
Purchase Of Intangibles -3,971 -3,352 -380.00 -1,727 -145.00
Unrealized Gain Loss On Investment Securities -- -- -- -- 0.00
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