ProAm Explorations Corporation
Financial Statements (IFRS) · Amounts in CAD
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 | 5,796 | 6,234 | 31,963 | 44,369 |
| Operating Revenue | 5,796 | 6,234 | 31,963 | 44,369 |
| Cost Of Revenue | -- | 0.00 | 9,998 | 10,943 |
| Gross Profit | -- | 6,234 | 21,965 | 33,426 |
| Selling General And Administration | 124,075 | 66,976 | 98,115 | 40,883 |
| General And Administrative Expense | 124,075 | 66,976 | 98,115 | 40,883 |
| Other Operating Expenses | 15,708 | 9,707 | 15,106 | 17,356 |
| Operating Expense | 139,783 | 76,683 | 113,221 | 58,239 |
| Operating Income | -133,987 | -70,449 | -91,256 | -24,813 |
| EBIT | -133,987 | -70,449 | -91,256 | -24,813 |
| Other Income Expense | -485,076 | -147,863 | -- | -- |
| Other Non Operating Income Expenses | 33,408 | -- | -- | -- |
| Special Income Charges | -484,553 | -147,863 | 0.00 | 0.00 |
| Write Off | 119.00 | 2,535 | 0.00 | -- |
| Gain On Sale Of Security | -523.00 | -- | -- | -- |
| Pretax Income | -619,063 | -218,312 | -91,256 | -24,813 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -619,063 | -218,312 | -91,256 | -24,813 |
| Net Income From Continuing Operation Net Minority Interest | -619,063 | -218,312 | -91,256 | -24,813 |
| Net Income Including Noncontrolling Interests | -619,063 | -218,312 | -91,256 | -24,813 |
| Net Income Common Stockholders | -619,063 | -218,312 | -91,256 | -24,813 |
| Net Income | -619,063 | -218,312 | -91,256 | -24,813 |
| EBITDA | -133,987 | -70,449 | -81,258 | -13,870 |
| Normalized EBITDA | 351,089 | 77,414 | -81,258 | -13,870 |
| Reconciled Depreciation | -- | 0.00 | 9,998 | 10,943 |
| Basic EPS | -0.07 | -0.03 | -0.02 | -0.00 |
| Diluted EPS | -0.07 | -0.03 | -0.02 | -0.00 |
| Basic Average Shares | 8.4M | 8.3M | 8.3M | 5.7M |
| Diluted Average Shares | 8.4M | 8.3M | 8.3M | 5.7M |
| Total Unusual Items | -485,076 | -147,863 | 0.00 | 0.00 |
| Total Unusual Items Excluding Goodwill | -485,076 | -147,863 | 0.00 | 0.00 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -133,987 | -70,449 | -91,256 | -24,813 |
| Diluted NI Availto Com Stockholders | -619,063 | -218,312 | -91,256 | -24,813 |
| Gain On Sale Of Ppe | 0.00 | 23,541 | 0.00 | -- |
| Impairment Of Capital Assets | 517,842 | 172,619 | 0.00 | 0.00 |
| Net Income Continuous Operations | -619,063 | -218,312 | -91,256 | -24,813 |
| Other Gand A | 124,075 | 66,976 | 55,303 | 40,883 |
| Other Special Charges | -33,408 | -3,750 | -- | -- |
| Reconciled Cost Of Revenue | -- | 0.00 | 9,998 | 10,943 |
| Salaries And Wages | -- | 0.00 | 42,812 | 0.00 |
| Total Expenses | 139,783 | 76,683 | 123,219 | 69,182 |
| Total Operating Income As Reported | -133,987 | -70,449 | -91,256 | -24,813 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 4,145 | 102,980 | 70,025 | 317,853 |
| Cash Cash Equivalents And Short Term Investments | 4,831 | 103,263 | 70,466 | 318,427 |
| Cash Financial | 4,145 | 102,980 | 70,025 | 317,853 |
| Other Short Term Investments | 686.00 | 283.00 | 441.00 | 574.00 |
| Accounts Receivable | 5,178 | 0.00 | 11,946 | 1,919 |
| Receivables | 8,971 | 2,723 | 12,505 | 4,324 |
| Prepaid Assets | 74.00 | 74.00 | 74.00 | 5,074 |
| Current Assets | 13,876 | 106,060 | 83,045 | 327,825 |
| Gross PPE | 0.00 | 498,334 | 2.5M | 2.3M |
| Accumulated Depreciation | -- | -594,261 | -1.7M | -1.7M |
| Net PPE | 0.00 | 498,334 | 835,498 | 573,841 |
| Other Non Current Assets | 17,169 | 16,646 | 16,646 | 16,186 |
| Total Non Current Assets | 17,169 | 514,980 | 852,144 | 590,027 |
| Total Assets | 31,045 | 621,040 | 935,189 | 917,852 |
| Current Debt | -- | 49,044 | 20,000 | 20,000 |
| Current Debt And Capital Lease Obligation | -- | 49,044 | 20,000 | 20,000 |
| Accounts Payable | 59,412 | 29,294 | 24,796 | 20,426 |
| Payables | 106,801 | 48,052 | 27,874 | 78,813 |
| Payables And Accrued Expenses | 157,301 | 73,501 | 42,874 | 93,813 |
| Current Accrued Expenses | 50,500 | 25,449 | 15,000 | 15,000 |
| Current Liabilities | 157,301 | 122,545 | 62,874 | 113,813 |
| Long Term Debt | -- | -- | 29,044 | 26,087 |
| Long Term Debt And Capital Lease Obligation | -- | -- | 29,044 | 26,087 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 1,653 | 163,334 | 58,048 |
| Total Liabilities Net Minority Interest | 157,301 | 124,198 | 226,208 | 171,861 |
| Common Stock | 8.0M | 8.0M | 8.0M | 8.0M |
| Capital Stock | 8.0M | 8.0M | 8.0M | 8.0M |
| Retained Earnings | -10.9M | -10.3M | -10.0M | -10.0M |
| Gains Losses Not Affecting Retained Earnings | 2.8M | 2.8M | 2.8M | 2.7M |
| Common Stock Equity | -126,256 | 496,842 | 708,981 | 745,991 |
| Stockholders Equity | -126,256 | 496,842 | 708,981 | 745,991 |
| Total Equity Gross Minority Interest | -126,256 | 496,842 | 708,981 | 745,991 |
| Total Capitalization | -126,256 | 496,842 | 738,025 | 772,078 |
| Net Tangible Assets | -126,256 | 496,842 | 708,981 | 745,991 |
| Tangible Book Value | -126,256 | 496,842 | 708,981 | 745,991 |
| Working Capital | -143,425 | -16,485 | 20,171 | 214,012 |
| Invested Capital | -126,256 | 545,886 | 758,025 | 792,078 |
| Total Debt | -- | 49,044 | 49,044 | 46,087 |
| Share Issued | 8.9M | 8.4M | 8.3M | 8.3M |
| Ordinary Shares Number | 8.4M | 8.4M | 8.3M | 8.3M |
| Dueto Related Parties Current | 47,389 | 18,758 | 3,078 | 58,387 |
| Long Term Provisions | -- | 1,653 | 134,290 | 31,961 |
| Machinery Furniture Equipment | -- | 41,760 | 43,028 | 43,028 |
| Other Current Borrowings | -- | 49,044 | 20,000 | 20,000 |
| Other Properties | -- | -- | -- | 74,538 |
| Taxes Receivable | 3,793 | 2,723 | 559.00 | 2,405 |
| Treasury Shares Number | 468,664 | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -62,998 | -48,255 | -92,566 | 15,797 |
| Cash Flow From Continuing Operating Activities | -62,997 | -48,255 | -92,566 | 15,797 |
| Depreciation Amortization Depletion | -- | 0.00 | 9,998 | 10,943 |
| Stock Based Compensation | -- | 0.00 | 42,812 | 0.00 |
| Change In Working Capital | 22,904 | 24,729 | -54,120 | 29,667 |
| Changes In Account Receivables | -6,248 | 9,782 | -8,181 | -579.00 |
| Change In Receivables | -6,248 | 9,782 | -8,181 | -579.00 |
| Change In Payables And Accrued Expense | 29,152 | 14,947 | -50,939 | 14,078 |
| Change In Payable | 29,152 | 14,947 | -50,939 | 14,078 |
| Change In Other Working Capital | -- | -- | -- | -1,892 |
| Other Non Cash Items | -1.00 | -- | -- | -- |
| Capital Expenditure | -19,507 | -54,930 | -- | -550.00 |
| Purchase Of PPE | -19,507 | -54,930 | -- | -- |
| Net PPE Purchase And Sale | -19,507 | 69,945 | 0.00 | -- |
| Investing Cash Flow | -19,507 | 69,945 | -155,160 | -52,391 |
| Cash Flow From Continuing Investing Activities | -19,507 | 69,945 | -155,160 | -52,391 |
| Issuance Of Debt | -- | -- | 0.00 | 20,000 |
| Repayment Of Debt | -40,000 | 0.00 | -- | -- |
| Net Issuance Payments Of Debt | -40,000 | 0.00 | 0.00 | 20,000 |
| Issuance Of Capital Stock | -- | -- | 0.00 | 298,078 |
| Net Common Stock Issuance | -- | -- | 0.00 | 298,078 |
| Financing Cash Flow | -11,369 | 15,680 | 0.00 | 318,078 |
| Cash Flow From Continuing Financing Activities | -11,369 | 15,680 | 0.00 | 318,078 |
| Effect Of Exchange Rate Changes | -4,961 | -4,415 | -102.00 | -9,213 |
| Changes In Cash | -93,874 | 37,370 | -247,726 | 281,484 |
| Beginning Cash Position | 102,980 | 70,025 | 317,853 | 45,582 |
| End Cash Position | 4,145 | 102,980 | 70,025 | 317,853 |
| Free Cash Flow | -82,505 | -103,185 | -92,566 | 15,247 |
| Asset Impairment Charge | 542,206 | 172,619 | 0.00 | 0.00 |
| Capital Expenditure Reported | -- | -- | 0.00 | -550.00 |
| Change In Account Payable | 29,152 | 14,947 | 4,370 | -12,816 |
| Change In Prepaid Assets | -- | 0.00 | 5,000 | 16,168 |
| Common Stock Issuance | -- | -- | 0.00 | 298,078 |
| Gain Loss On Sale Of PPE | 0.00 | -23,541 | 0.00 | -- |
| Long Term Debt Issuance | -- | -- | 0.00 | 20,000 |
| Net Income From Continuing Operations | -619,063 | -218,312 | -91,256 | -24,813 |
| Net Long Term Debt Issuance | -- | -- | 0.00 | 20,000 |
| Net Other Financing Charges | 28,631 | 15,680 | -- | 298,000 |
| Net Other Investing Changes | -- | -54,930 | -155,160 | -51,841 |
| Net Short Term Debt Issuance | -40,000 | 0.00 | -- | -- |
| Operating Gains Losses | -9,044 | -27,291 | -- | -- |
| Sale Of PPE | 0.00 | 124,875 | 0.00 | -- |
| Short Term Debt Payments | -40,000 | 0.00 | -- | -- |