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Petrolympic Ltd.

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
Selling General And Administration 339,012 548,911 455,619 308,618
General And Administrative Expense 336,088 537,174 452,045 290,902
Other Operating Expenses 328,442 805,321 513,926 371,868
Operating Expense 667,454 1.4M 969,545 680,486
Operating Income -667,454 -1.4M -969,545 -680,486
EBIT -693,534 -1.2M -969,545 -680,486
Interest Expense 653.00 0.00 -- --
Interest Expense Non Operating 653.00 0.00 -- --
Interest Income 0.00 10,000 0.00 --
Interest Income Non Operating 0.00 10,000 0.00 --
Net Interest Income -653.00 10,000 0.00 --
Other Income Expense -26,080 180,252 -10,774 -16,969
Other Non Operating Income Expenses 82,007 174,022 -- --
Special Income Charges -- 57,143 0.00 0.00
Gain On Sale Of Security -108,087 6,230 -10,774 -16,969
Pretax Income -694,187 -1.2M -980,319 -697,455
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -694,187 -1.2M -980,319 -697,455
Net Income From Continuing Operation Net Minority Interest -694,187 -1.2M -980,319 -697,455
Net Income Including Noncontrolling Interests -694,187 -1.2M -980,319 -697,455
Net Income Common Stockholders -694,187 -1.2M -980,319 -697,455
Net Income -694,187 -1.2M -980,319 -697,455
EBITDA -693,534 -1.2M -969,545 -680,486
Normalized EBITDA -585,447 -1.2M -958,771 -663,517
Reconciled Depreciation -- -- -- 0.00
Basic EPS -0.01 -0.01 -0.01 -0.01
Diluted EPS -0.01 -0.01 -0.01 -0.01
Basic Average Shares 133.7M 129.3M 117.9M 114.4M
Diluted Average Shares 133.7M 129.3M 117.9M 114.4M
Total Unusual Items -108,087 6,230 -10,774 -16,969
Total Unusual Items Excluding Goodwill -108,087 6,230 -10,774 -16,969
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -586,100 -1.2M -969,545 -680,486
Diluted NI Availto Com Stockholders -694,187 -1.2M -980,319 -697,455
Gain On Sale Of Business -- -- -- 0.00
Impairment Of Capital Assets -- -- -- 0.00
Net Income Continuous Operations -694,187 -1.2M -980,319 -697,455
Net Non Operating Interest Income Expense -653.00 10,000 0.00 --
Other Gand A 280,154 222,096 333,153 261,815
Other Special Charges -- -57,143 -- --
Salaries And Wages 55,934 315,078 118,892 29,087
Selling And Marketing Expense 2,924 11,737 3,574 17,716
Total Expenses 667,454 1.4M 969,545 680,486
Total Operating Income As Reported -667,454 -1.4M -969,545 -680,486
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 25,042 364,603 607,026 338,179
Cash Cash Equivalents And Short Term Investments 25,042 364,603 607,026 338,179
Cash Equivalents 10,000 10,000 10,000 10,000
Cash Financial 15,042 354,603 597,026 328,179
Receivables 39,167 79,708 43,963 0.00
Prepaid Assets -- 0.00 6,494 6,494
Current Assets 64,209 444,311 657,483 344,673
Total Non Current Assets 0.00 0.00 0.00 0.00
Total Assets 64,209 444,311 657,483 344,673
Current Debt And Capital Lease Obligation 5,364 -- -- --
Accounts Payable 262,231 561,273 168,923 148,367
Payables 262,231 561,273 168,923 148,367
Payables And Accrued Expenses 1.6M 1.7M 1.3M 954,180
Current Accrued Expenses 1.4M 1.2M 1.1M 805,813
Current Deferred Revenue -- -- 117,636 0.00
Current Liabilities 2.0M 2.1M 1.6M 1.2M
Long Term Debt 20,147 30,000 40,000 40,000
Long Term Debt And Capital Lease Obligation 20,147 30,000 40,000 40,000
Total Non Current Liabilities Net Minority Interest 20,147 30,000 40,000 110,000
Total Liabilities Net Minority Interest 2.1M 2.1M 1.7M 1.3M
Common Stock 10.8M 10.5M 10.3M 9.6M
Capital Stock 10.8M 10.5M 10.3M 9.6M
Additional Paid In Capital 568,867 577,120 -- --
Retained Earnings -13.6M -12.9M -12.5M -11.9M
Gains Losses Not Affecting Retained Earnings -- 749,254 1.1M 1.3M
Common Stock Equity -2.0M -1.7M -1.0M -962,940
Stockholders Equity -2.0M -1.7M -1.0M -962,940
Total Equity Gross Minority Interest -2.0M -1.7M -1.0M -962,940
Total Capitalization -2.0M -1.7M -971,916 -922,940
Net Tangible Assets -2.0M -1.7M -1.0M -962,940
Tangible Book Value -2.0M -1.7M -1.0M -962,940
Working Capital -2.0M -1.7M -971,916 -852,940
Invested Capital -2.0M -1.7M -971,916 -922,940
Total Debt 25,511 30,000 40,000 40,000
Share Issued 138.9M 133.7M 128.9M 117.9M
Ordinary Shares Number 138.9M 133.7M 128.9M 117.9M
Current Deferred Liabilities 382,891 386,752 377,697 243,433
Dueto Related Parties Current -- 320,085 260,061 243,433
Non Current Deferred Liabilities -- -- 0.00 70,000
Other Equity Interest 172,134 172,134 -- --
Other Receivables 39,167 79,708 43,963 --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -718,294 -486,423 -544,741 -253,193
Cash Flow From Continuing Operating Activities -718,294 -486,423 -544,741 -253,193
Depreciation And Amortization -- -- -- 0.00
Depreciation Amortization Depletion -- -- -- 0.00
Stock Based Compensation 55,934 315,078 118,892 29,087
Change In Working Capital -109,611 537,234 183,559 259,814
Change In Receivables 40,541 -29,251 -43,963 0.00
Change In Payables And Accrued Expense -150,152 566,485 297,522 189,814
Change In Other Working Capital -- -- -70,000 70,000
Other Non Cash Items -79,557 -184,022 116,500 155,361
Issuance Of Debt -- -- -- 0.00
Repayment Of Debt -6,939 0.00 -- --
Net Issuance Payments Of Debt -6,939 0.00 -- 0.00
Issuance Of Capital Stock 385,672 194,000 813,588 376,000
Net Common Stock Issuance 385,672 194,000 813,588 376,000
Financing Cash Flow 378,733 244,000 813,588 462,165
Cash Flow From Continuing Financing Activities 378,733 244,000 813,588 462,165
Changes In Cash -339,561 -242,423 268,847 208,972
Beginning Cash Position 364,603 607,026 338,179 129,207
End Cash Position 25,042 364,603 607,026 338,179
Free Cash Flow -718,294 -486,423 -544,741 -253,193
Common Stock Issuance 385,672 194,000 813,588 376,000
Depreciation -- -- -- 0.00
Gain Loss On Sale Of Business -- -- -- 0.00
Gain Loss On Sale Of PPE -- -- -- 0.00
Long Term Debt Issuance -- -- -- 0.00
Long Term Debt Payments -6,939 0.00 -- --
Net Foreign Currency Exchange Gain Loss 109,127 9,267 16,627 0.00
Net Income From Continuing Operations -694,187 -1.2M -980,319 -697,455
Net Long Term Debt Issuance -6,939 0.00 -- 0.00
Net Other Financing Charges -- 50,000 -- 86,165
Operating Gains Losses 109,127 9,267 16,627 --
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