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Ongwe Minerals 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
Total Revenue 0.00 0.00
Operating Revenue 0.00 0.00
Selling General And Administration 1.3M 1.7M
General And Administrative Expense 1.3M 1.7M
Depreciation And Amortization In Income Statement 103,151 153,644
Other Operating Expenses 2.8M 4.1M
Operating Expense 4.2M 5.9M
Operating Income -4.2M -5.9M
EBIT -3.9M -6.1M
Interest Expense 49,794 58,020
Interest Expense Non Operating 49,794 58,020
Interest Income 137,048 135,752
Interest Income Non Operating 137,048 135,752
Net Interest Income 87,254 77,732
Other Income Expense 185,797 -308,412
Gain On Sale Of Security 185,797 -308,412
Pretax Income -4.0M -6.1M
Tax Effect Of Unusual Items 0.00 0.00
Net Income From Continuing And Discontinued Operation -4.0M -6.1M
Net Income From Continuing Operation Net Minority Interest -4.0M -6.1M
Net Income Including Noncontrolling Interests -4.0M -6.1M
Net Income Common Stockholders -4.0M -6.1M
Net Income -4.0M -6.1M
EBITDA -3.8M -5.9M
Normalized EBITDA -4.0M -5.6M
Reconciled Depreciation 103,151 153,644
Basic EPS -0.09 -0.14
Diluted EPS -0.09 -0.14
Basic Average Shares 42.7M 42.7M
Diluted Average Shares 42.7M 42.7M
Total Unusual Items 185,797 -308,412
Total Unusual Items Excluding Goodwill 185,797 -308,412
Tax Rate For Calcs 0.00 0.00
Normalized Income -4.1M -5.8M
Depreciation Amortization Depletion Income Statement 103,151 153,644
Depreciation Income Statement 103,151 153,644
Diluted NI Availto Com Stockholders -4.0M -6.1M
Net Income Continuous Operations -4.0M -6.1M
Net Non Operating Interest Income Expense 87,254 77,732
Other Gand A 947,283 1.4M
Salaries And Wages 340,773 271,500
Total Expenses 4.2M 5.9M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023
Cash And Cash Equivalents 1.9M 2.4M
Cash Cash Equivalents And Short Term Investments 3.2M 4.0M
Cash Financial 1.9M 2.4M
Other Short Term Investments 1.3M 1.6M
Receivables 46,396 69,536
Prepaid Assets 23,692 204,681
Current Assets 3.3M 4.3M
Gross PPE 407,419 397,509
Accumulated Depreciation -321,503 -219,733
Net PPE 85,916 177,776
Other Non Current Assets 372,425 456,891
Total Non Current Assets 458,341 833,693
Total Assets 3.8M 5.1M
Payables And Accrued Expenses 1.1M 379,369
Other Current Liabilities 1.5M 1.6M
Current Liabilities 2.6M 2.0M
Total Non Current Liabilities Net Minority Interest 0.00 0.00
Total Liabilities Net Minority Interest 2.6M 2.0M
Common Stock 17.9M 16.8M
Capital Stock 17.9M 16.8M
Retained Earnings -19.0M -15.0M
Gains Losses Not Affecting Retained Earnings 2.3M 1.4M
Other Equity Adjustments 2.3M 1.4M
Common Stock Equity 1.2M 3.1M
Stockholders Equity 1.2M 3.1M
Total Equity Gross Minority Interest 1.2M 3.1M
Total Capitalization 1.2M 3.1M
Net Tangible Assets 1.2M 3.1M
Tangible Book Value 1.2M 3.1M
Working Capital 704,814 2.3M
Invested Capital 1.2M 3.1M
Share Issued 42.7M 42.7M
Ordinary Shares Number 42.7M 42.7M
Machinery Furniture Equipment 299,124 299,124
Non Current Note Receivables 0.00 199,026
Other Properties 108,295 98,385
Restricted Cash 33,383 33,383
Taxes Receivable 46,396 69,536
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023
Operating Cash Flow -2.5M -4.5M
Cash Flow From Continuing Operating Activities -2.5M -4.5M
Depreciation And Amortization 103,151 153,644
Depreciation Amortization Depletion 103,151 153,644
Stock Based Compensation 539,067 1.7M
Change In Working Capital 959,939 -442,264
Change In Receivables 23,140 -27,769
Change In Payables And Accrued Expense 755,810 -287,147
Capital Expenditure -9,910 -38,200
Purchase Of PPE -9,910 -38,200
Net PPE Purchase And Sale -9,910 -38,200
Purchase Of Investment 0.00 -1.8M
Sale Of Investment 531,319 67,720
Net Investment Purchase And Sale 531,319 -1.7M
Investing Cash Flow 605,875 -1.7M
Cash Flow From Continuing Investing Activities 605,875 -1.7M
Issuance Of Capital Stock 1.5M 2.9M
Net Common Stock Issuance 1.5M 2.9M
Financing Cash Flow 1.5M 2.9M
Cash Flow From Continuing Financing Activities 1.5M 2.9M
Changes In Cash -418,111 -3.3M
Beginning Cash Position 2.4M 5.7M
End Cash Position 2.0M 2.4M
Free Cash Flow -2.5M -4.6M
Change In Prepaid Assets 180,989 -127,348
Common Stock Issuance 1.5M 2.9M
Depreciation 103,151 153,644
Net Foreign Currency Exchange Gain Loss 34,880 -34,610
Net Income From Continuing Operations -4.0M -6.1M
Net Other Financing Charges -- 40,131
Net Other Investing Changes 84,466 --
Operating Gains Losses 34,880 -34,610
Unrealized Gain Loss On Investment Securities -159,756 265,459
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