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Palamina Corp.

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 15,813 8,005 8,168 4,620
Gross Profit -15,813 -8,005 -8,168 -4,620
Selling General And Administration 480,766 713,409 551,963 887,973
General And Administrative Expense 480,766 713,409 551,963 887,973
Depreciation And Amortization In Income Statement -- -- 8,168 4,620
Other Operating Expenses 2.7M 987,880 1.7M 2.0M
Operating Expense 3.1M 1.7M 2.3M 2.9M
Operating Income -3.2M -1.7M -2.3M -2.9M
EBIT -3.2M -1.7M -2.3M -2.9M
Interest Income 62,194 1,301 6,417 6,300
Interest Income Non Operating 62,194 1,301 6,417 6,300
Net Interest Income 60,343 -1,528 4,228 3,709
Other Income Expense -117,106 4.0M -129,529 -179,317
Other Non Operating Income Expenses 135,610 67,715 64,685 31,137
Special Income Charges 0.00 307,388 0.00 31,137
Gain On Sale Of Security -15,650 -7,169 -7,263 -9,214
Earnings From Equity Interest -237,066 3.6M -186,951 -201,240
Pretax Income -3.2M 2.3M -2.4M -3.1M
Tax Effect Of Unusual Items 0.00 120,088 0.00 0.00
Net Income From Continuing And Discontinued Operation -3.2M 2.3M -2.4M -3.1M
Net Income From Continuing Operation Net Minority Interest -3.2M 2.3M -2.4M -3.1M
Net Income Including Noncontrolling Interests -3.2M 2.3M -2.4M -3.1M
Net Income Common Stockholders -3.2M 2.3M -2.4M -3.1M
Net Income -3.2M 2.3M -2.4M -3.1M
EBITDA -3.1M -1.7M -2.3M -2.9M
Normalized EBITDA -3.1M -2.0M -2.3M -2.9M
Reconciled Depreciation 15,813 8,005 8,168 4,620
Basic EPS -0.04 0.03 -0.04 -0.05
Diluted EPS -0.04 0.03 -0.04 -0.05
Basic Average Shares 71.4M 68.6M 65.3M 56.0M
Diluted Average Shares 71.4M 68.6M 65.3M 56.0M
Total Unusual Items -15,650 300,219 -7,263 -9,214
Total Unusual Items Excluding Goodwill -15,650 300,219 -7,263 -9,214
Tax Rate For Calcs 0.00 0.40 0.00 0.00
Normalized Income -3.2M 2.1M -2.4M -3.1M
Depreciation Amortization Depletion Income Statement -- -- 8,168 4,620
Depreciation Income Statement -- -- 8,168 4,620
Diluted NI Availto Com Stockholders -3.2M 2.3M -2.4M -3.1M
Gain On Sale Of Business 0.00 241,963 0.00 --
Gain On Sale Of Ppe 0.00 65,425 0.00 31,137
Net Income Continuous Operations -3.2M 2.3M -2.4M -3.1M
Net Non Operating Interest Income Expense 60,343 -1,528 4,228 3,709
Other Gand A 140,669 112,724 125,453 120,686
Reconciled Cost Of Revenue 15,813 8,005 8,168 4,620
Rent And Landing Fees -- -- -- 18,000
Rent Expense Supplemental -- -- -- 18,000
Salaries And Wages 340,097 600,685 426,510 767,287
Total Expenses 3.2M 1.7M 2.3M 2.9M
Total Other Finance Cost 1,851 2,829 2,189 2,591
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 87,913 3.0M 81,302 2.2M
Cash Cash Equivalents And Short Term Investments 87,913 3.0M 81,302 2.2M
Cash Equivalents -- -- -- 2.0M
Cash Financial 87,913 3.0M 81,302 233,309
Receivables 23,785 9,685 9,562 60,800
Prepaid Assets -- -- 165,810 238,427
Other Current Assets 121,850 200,964 165,810 238,427
Current Assets 233,548 3.3M 256,674 2.5M
Gross PPE 128,750 63,432 64,483 42,727
Accumulated Depreciation -50,678 -33,663 -26,179 -16,270
Net PPE 78,072 29,769 38,304 26,457
Investments And Advances 193,341 430,407 11,114 105,065
Long Term Equity Investment 193,341 430,407 11,114 105,065
Total Non Current Assets 271,413 460,176 49,418 131,522
Total Assets 504,961 3.7M 306,092 2.7M
Accounts Payable 139,961 17,174 37,337 522,050
Payables 569,607 386,827 285,366 522,050
Payables And Accrued Expenses 635,317 768,004 442,569 522,050
Current Accrued Expenses 65,710 381,177 157,203 --
Current Liabilities 635,317 768,004 442,569 522,050
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 635,317 768,004 442,569 522,050
Common Stock 10.1M 10.0M 9.5M 9.5M
Capital Stock 10.1M 10.0M 9.5M 9.5M
Retained Earnings -11.0M -8.1M -12.7M -10.7M
Gains Losses Not Affecting Retained Earnings -19,718 -54,848 -23,220 -15,707
Common Stock Equity -130,356 2.9M -136,477 2.1M
Stockholders Equity -130,356 2.9M -136,477 2.1M
Total Equity Gross Minority Interest -130,356 2.9M -136,477 2.1M
Total Capitalization -130,356 2.9M -136,477 2.1M
Net Tangible Assets -130,356 2.9M -136,477 2.1M
Tangible Book Value -130,356 2.9M -136,477 2.1M
Working Capital -401,769 2.5M -185,895 2.0M
Invested Capital -130,356 2.9M -136,477 2.1M
Share Issued 71.6M 71.3M 65.3M 65.3M
Ordinary Shares Number 71.6M 71.3M 65.3M 65.3M
Duefrom Related Parties Current 16,097 0.00 0.00 25,910
Foreign Currency Translation Adjustments -19,718 -54,848 -23,220 -15,707
Investmentsin Associatesat Cost 193,341 430,407 11,114 105,065
Machinery Furniture Equipment 50,342 0.00 -- 0.00
Other Equity Interest 779,565 1.1M 3.1M 3.4M
Other Properties 78,408 63,432 64,483 42,727
Other Receivables -- -- -- 25,910
Taxes Receivable 7,688 9,685 9,562 34,890
Total Tax Payable 429,646 369,653 248,029 --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -2.9M -1.3M -2.0M -2.6M
Cash Flow From Continuing Operating Activities -2.9M -1.3M -2.0M -2.6M
Depreciation And Amortization 15,813 8,005 8,168 4,620
Depreciation Amortization Depletion 15,813 8,005 8,168 4,620
Stock Based Compensation 59,112 112,296 121,575 500,000
Change In Working Capital -67,673 290,158 44,374 -192,732
Change In Receivables -14,100 -123.00 51,238 -52,715
Change In Payables And Accrued Expense -132,687 325,435 -79,481 96,910
Change In Payable -- -- -- 96,910
Other Non Cash Items -- -- -- -42,000
Capital Expenditure -60,191 -- -18,081 -22,870
Purchase Of PPE -60,191 0.00 -18,081 -22,870
Net PPE Purchase And Sale -60,191 0.00 -18,081 -22,870
Purchase Of Business 0.00 -186,700 -93,000 -132,150
Sale Of Business 0.00 3.7M 0.00 --
Investing Cash Flow -60,191 3.5M -111,081 -155,020
Cash Flow From Continuing Investing Activities -60,191 3.5M -111,081 -155,020
Issuance Of Capital Stock 0.00 750,000 0.00 5.0M
Net Common Stock Issuance 0.00 750,000 0.00 5.0M
Financing Cash Flow 0.00 726,060 0.00 4.9M
Cash Flow From Continuing Financing Activities 0.00 726,060 0.00 4.9M
Changes In Cash -3.0M 3.0M -2.2M 2.2M
Beginning Cash Position 3.0M 81,302 2.2M 61,713
End Cash Position 87,913 3.0M 81,302 2.2M
Free Cash Flow -3.0M -1.3M -2.1M -2.6M
Change In Prepaid Assets 79,114 -35,154 72,617 -236,927
Common Stock Issuance 0.00 750,000 0.00 5.0M
Depreciation 15,813 8,005 8,168 4,620
Earnings Losses From Equity Investments 237,066 -3.6M 186,951 159,240
Gain Loss On Investment Securities -- -65,425 -- --
Gain Loss On Sale Of Business 0.00 -307,388 0.00 --
Gain Loss On Sale Of PPE 52,500 0.00 -- 0.00
Net Business Purchase And Sale 0.00 3.5M -93,000 -132,150
Net Foreign Currency Exchange Gain Loss 31,205 -31,098 -9,447 -4,604
Net Income From Continuing Operations -3.2M 2.3M -2.4M -3.1M
Net Other Financing Charges -- -23,940 -- -75,807
Operating Gains Losses 320,771 -4.0M 177,504 154,636
Proceeds From Stock Option Exercised -- -- -- 0.00
Sale Of PPE -- -- -- 0.00
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