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Magna Mining Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 83,099 62,081 32,443 15,821
Gross Profit -83,099 -62,081 -32,443 -15,821
Selling General And Administration 9.1M 4.4M 2.2M 1.6M
General And Administrative Expense 8.8M 4.2M 2.2M 1.4M
Other Operating Expenses 10.1M 7.7M 19.8M 5.0M
Operating Expense 19.4M 12.6M 22.3M 6.8M
Operating Income -19.5M -12.6M -22.3M -6.8M
EBIT -16.1M -9.4M -21.9M -6.8M
Interest Expense 173,124 357,760 64,814 0.00
Interest Expense Non Operating 173,124 357,760 64,814 0.00
Interest Income 401,247 856,599 96,989 1,811
Interest Income Non Operating 401,247 856,599 96,989 1,811
Net Interest Income 228,123 498,839 32,175 1,811
Other Income Expense 3.0M 2.4M 306,650 69,503
Other Non Operating Income Expenses 2.9M 2.4M 332,704 69,233
Special Income Charges 5,496 0.00 1,504 0.00
Gain On Sale Of Security 37,405 4,807 -27,558 270.00
Pretax Income -16.3M -9.7M -22.0M -6.8M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -16.3M -9.7M -22.0M -6.8M
Net Income From Continuing Operation Net Minority Interest -16.3M -9.7M -22.0M -6.8M
Net Income Including Noncontrolling Interests -16.3M -9.7M -22.0M -6.8M
Net Income Common Stockholders -16.3M -9.7M -22.0M -6.8M
Net Income -16.3M -9.7M -22.0M -6.8M
EBITDA -16.0M -9.3M -21.9M -6.7M
Normalized EBITDA -16.1M -9.3M -21.8M -6.7M
Reconciled Depreciation 83,099 62,081 32,443 15,823
Basic EPS -0.10 -0.06 -0.26 -0.12
Diluted EPS -0.10 -0.06 -0.26 -0.12
Basic Average Shares 170.8M 161.0M 83.7M 58.7M
Diluted Average Shares 170.8M 161.0M 83.7M 58.7M
Total Unusual Items 42,901 4,807 -26,054 270.00
Total Unusual Items Excluding Goodwill 42,901 4,807 -26,054 270.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -16.3M -9.7M -21.9M -6.8M
Diluted NI Availto Com Stockholders -16.3M -9.7M -22.0M -6.8M
Gain On Sale Of Ppe 5,496 0.00 1,504 0.00
Net Income Continuous Operations -16.3M -9.7M -22.0M -6.8M
Net Non Operating Interest Income Expense 228,123 498,839 32,175 1,811
Other Gand A 3.5M 1.3M 757,786 492,847
Reconciled Cost Of Revenue 83,099 62,081 32,443 15,821
Salaries And Wages 5.3M 2.9M 1.4M 948,228
Selling And Marketing Expense 261,151 175,446 34,996 133,366
Total Expenses 19.5M 12.6M 22.3M 6.8M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 17.5M 10.9M 6.2M 5.7M
Cash Cash Equivalents And Short Term Investments 17.6M 10.9M 6.2M 5.7M
Cash Financial 17.5M 10.9M 6.2M 5.7M
Other Short Term Investments 41,021 41,021 0.00 --
Accounts Receivable 1.4M 0.00 622,077 502,923
Receivables 3.0M 890,107 622,077 502,923
Prepaid Assets 212,925 111,310 107,947 45,522
Current Assets 21.0M 11.9M 6.9M 6.2M
Gross PPE 17.9M 17.8M 17.6M 131,674
Accumulated Depreciation -200,815 -123,138 -61,057 -31,114
Net PPE 17.7M 17.6M 17.5M 100,560
Other Non Current Assets 902,583 699,724 666,422 657,618
Total Non Current Assets 18.6M 18.3M 18.2M 758,178
Total Assets 39.6M 30.3M 25.1M 7.0M
Current Debt -- -- 30,000 28,708
Current Debt And Capital Lease Obligation 35,936 28,452 51,195 47,309
Accounts Payable 1.3M 826,843 979,015 349,271
Payables 1.3M 3.8M 979,015 681,975
Payables And Accrued Expenses 3.6M 4.6M 1.7M 1.2M
Current Accrued Expenses 2.3M 786,983 672,579 523,620
Current Liabilities 3.6M 4.6M 4.3M 1.5M
Long Term Debt -- -- -- 28,708
Long Term Debt And Capital Lease Obligation 10,123 13,602 9,670 30,865
Long Term Capital Lease Obligation 10,123 13,602 9,670 30,865
Total Non Current Liabilities Net Minority Interest 884,666 845,590 725,459 729,035
Total Liabilities Net Minority Interest 4.5M 5.4M 5.1M 2.2M
Common Stock 71.3M 45.8M 32.5M 13.3M
Capital Stock 71.3M 45.8M 32.5M 13.3M
Retained Earnings -41.6M -25.3M -15.6M -11.0M
Common Stock Equity 35.0M 24.8M 20.0M 4.7M
Stockholders Equity 35.0M 24.8M 20.0M 4.7M
Total Equity Gross Minority Interest 35.0M 24.8M 20.0M 4.7M
Total Capitalization 35.0M 24.8M 20.0M 4.7M
Net Tangible Assets 35.0M 24.8M 20.0M 4.7M
Tangible Book Value 35.0M 24.8M 20.0M 4.7M
Working Capital 17.4M 7.3M 2.6M 4.7M
Invested Capital 35.0M 24.8M 20.0M 4.8M
Total Debt 46,059 42,054 60,865 78,174
Share Issued 194.9M 163.4M 146.9M 71.8M
Ordinary Shares Number 194.9M 163.4M 146.9M 71.8M
Capital Lease Obligations 46,059 42,054 30,865 49,466
Current Capital Lease Obligation 35,936 28,452 21,195 18,601
Current Deferred Assets 198,320 -- -- --
Current Deferred Liabilities 0.00 0.00 2.6M 260,670
Line Of Credit 0.00 0.00 30,000 28,708
Long Term Provisions 874,543 831,988 715,789 698,170
Machinery Furniture Equipment 113,211 94,840 70,431 16,704
Other Equity Interest 5.4M 4.4M 3.2M 2.5M
Other Payable -- 2.9M -- 332,704
Other Properties 17.7M 17.7M 17.5M 114,970
Other Receivables 500,000 -- -- --
Taxes Receivable 1.2M 890,107 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -17.8M -10.5M -18.2M -5.8M
Cash Flow From Continuing Operating Activities -17.8M -10.5M -18.2M -5.8M
Depreciation And Amortization 83,099 62,081 32,443 15,823
Depreciation Amortization Depletion 83,099 62,081 32,443 15,823
Stock Based Compensation 1.6M 1.5M 741,790 643,252
Change In Working Capital -247,159 -309,161 607,924 -424,657
Changes In Account Receivables -- -268,030 -108,354 -438,067
Change In Receivables -2.1M -268,030 -108,354 -438,067
Change In Payables And Accrued Expense 2.0M -37,768 778,703 -9,786
Other Non Cash Items -3.0M -2.0M 2.4M 760,456
Capital Expenditure -24,371 -81,773 -316,897 -37,945
Purchase Of PPE -24,371 -81,773 -316,897 -37,945
Net PPE Purchase And Sale -18,297 -81,773 -316,897 -37,945
Sale Of Business -- 0.00 9,885 75,441
Purchase Of Investment 0.00 -40,250 0.00 --
Net Investment Purchase And Sale 0.00 -40,250 0.00 --
Investing Cash Flow -186,545 -122,023 -307,012 319,996
Cash Flow From Continuing Investing Activities -186,545 -122,023 -307,012 319,996
Repayment Of Debt -44,641 -60,149 -22,523 -13,191
Net Issuance Payments Of Debt -44,641 -60,149 -22,523 -13,191
Issuance Of Capital Stock 20.3M 16.6M 18.8M 9.5M
Net Common Stock Issuance 20.3M 16.6M 18.8M 9.5M
Financing Cash Flow 24.6M 15.4M 19.0M 9.6M
Cash Flow From Continuing Financing Activities 24.6M 15.4M 19.0M 9.6M
Changes In Cash 6.6M 4.7M 492,794 4.2M
Beginning Cash Position 10.9M 6.2M 5.7M 1.5M
End Cash Position 17.5M 10.9M 6.2M 5.7M
Free Cash Flow -17.8M -10.6M -18.5M -5.8M
Income Tax Paid Supplemental Data -- 0.00 0.00 0.00
Interest Paid Supplemental Data -- 0.00 0.00 0.00
Change In Prepaid Assets -101,615 -3,363 -62,425 23,196
Common Stock Issuance 20.3M 16.6M 18.8M 9.5M
Depreciation 83,099 62,081 32,443 15,823
Gain Loss On Sale Of PPE -5,496 0.00 -- --
Long Term Debt Payments -44,641 -60,149 -22,523 -13,191
Net Business Purchase And Sale -- 0.00 9,885 75,441
Net Foreign Currency Exchange Gain Loss -- -- 0.00 -270.00
Net Income From Continuing Operations -16.3M -9.7M -22.0M -6.8M
Net Long Term Debt Issuance -44,641 -60,149 -22,523 -13,191
Net Other Financing Charges -198,320 -3.0M -- 128,174
Net Other Investing Changes -168,248 -- -- 282,500
Operating Gains Losses -5,496 -- -- -270.00
Proceeds From Stock Option Exercised 4.6M 1.8M 224,169 26,487
Sale Of PPE 6,074 0.00 -- --
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