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Questerre Energy Corporation

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 36.9M 41.7M 51.8M 30.4M
Operating Revenue 36.9M 41.7M 51.8M 30.4M
Cost Of Revenue 30.4M 34.7M 30.0M 19.7M
Gross Profit 6.5M 7.0M 21.7M 10.7M
Selling General And Administration 6.6M 6.5M 6.3M 2.9M
General And Administrative Expense 6.6M 6.5M 6.3M 2.9M
Operating Expense 6.6M 6.5M 6.3M 2.9M
Operating Income -137,000 540,000 15.4M 7.8M
EBIT -137,000 540,000 15.4M -3.9M
Interest Expense -- -- 156,000 433,000
Interest Expense Non Operating -- -- 156,000 433,000
Interest Income 1.1M 1.6M 2.2M 680,000
Interest Income Non Operating 1.1M 1.6M 2.2M 680,000
Net Interest Income 1.1M 1.6M 2.2M 247,000
Other Income Expense -8.3M -25.8M -3.5M -12.3M
Special Income Charges -7.9M -24.6M -986,000 -12.3M
Earnings From Equity Interest -474,000 -1.2M -2.5M 0.00
Pretax Income -7.3M -23.7M 14.1M -4.3M
Tax Provision 0.00 0.00 0.00 -7,000
Tax Effect Of Unusual Items 0.00 0.00 0.00 -20,036
Net Income From Continuing And Discontinued Operation -7.3M -23.7M 14.1M -4.3M
Net Income From Continuing Operation Net Minority Interest -7.3M -23.7M 14.1M -4.3M
Net Income Including Noncontrolling Interests -7.3M -23.7M 14.1M -4.3M
Net Income Common Stockholders -7.3M -23.7M 14.1M -4.3M
Net Income -7.3M -23.7M 14.1M -4.3M
EBITDA 11.8M 13.2M 25.3M 2.2M
Normalized EBITDA 19.6M 37.8M 26.3M 14.6M
Reconciled Depreciation 11.9M 12.6M 9.9M 6.1M
Basic EPS -0.02 -0.06 0.03 -0.01
Diluted EPS -0.02 -0.06 0.03 -0.01
Basic Average Shares 428.5M 428.5M 428.5M 428.0M
Diluted Average Shares 428.5M 428.5M 430.5M 428.0M
Total Unusual Items -7.9M -24.6M -986,000 -12.3M
Total Unusual Items Excluding Goodwill -7.9M -24.6M -986,000 -12.3M
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income 534,000 880,000 15.1M 8.0M
Diluted NI Availto Com Stockholders -7.3M -23.7M 14.1M -4.3M
Impairment Of Capital Assets 7.9M 24.4M 857,000 12.1M
Net Income Continuous Operations -7.3M -23.7M 14.1M -4.3M
Net Non Operating Interest Income Expense 1.1M 1.6M 2.2M 247,000
Other Gand A 5.5M 5.1M 4.4M 2.4M
Other Special Charges -- 139,000 129,000 220,000
Reconciled Cost Of Revenue 30.4M 34.7M 30.0M 19.7M
Salaries And Wages 1.1M 1.4M 1.9M 476,000
Total Expenses 37.1M 41.2M 36.4M 22.6M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 31.8M 35.0M 29.6M 8.5M
Cash Cash Equivalents And Short Term Investments 31.8M 35.0M 29.6M 8.5M
Cash Equivalents 21.3M 24.8M 23.5M 8.5M
Cash Financial 10.5M 10.3M 6.1M 37,000
Accounts Receivable 3.2M 3.0M 4.6M 4.0M
Receivables 3.2M 3.0M 4.6M 4.0M
Prepaid Assets 1.4M 1.4M 968,000 1.1M
Current Assets 36.4M 39.5M 35.2M 13.6M
Gross PPE 340.6M 327.1M 155.5M 155.0M
Accumulated Depreciation -210.6M -198.7M -163.1M -152.7M
Net PPE 129.9M 128.4M 155.5M 155.0M
Investments And Advances 4.4M 4.5M 5.8M 8.0M
Long Term Equity Investment 4.4M 4.5M 5.8M --
Other Non Current Assets -- -- -- 7.7M
Total Non Current Assets 134.3M 132.9M 161.3M 170.6M
Total Assets 170.7M 172.3M 196.5M 184.3M
Current Debt 49,000 36,000 33,000 3.4M
Current Debt And Capital Lease Obligation 105,000 94,000 92,000 3.5M
Payables And Accrued Expenses 12.5M 9.4M 10.6M 8.4M
Current Liabilities 13.4M 9.7M 11.2M 11.8M
Long Term Debt And Capital Lease Obligation 83,000 134,000 191,000 155,000
Long Term Capital Lease Obligation 83,000 134,000 191,000 155,000
Other Non Current Liabilities -- -- -- 1.8M
Total Non Current Liabilities Net Minority Interest 18.7M 19.0M 19.1M 23.5M
Total Liabilities Net Minority Interest 32.1M 28.7M 30.4M 35.3M
Common Stock 429.9M 429.9M 429.9M 429.9M
Capital Stock 429.9M 429.9M 429.9M 429.9M
Additional Paid In Capital 29.3M 27.9M 26.3M 24.1M
Retained Earnings -321.4M -314.1M -290.4M -304.5M
Gains Losses Not Affecting Retained Earnings 896,000 -20,000 340,000 -527,000
Other Equity Adjustments 896,000 -20,000 340,000 -527,000
Common Stock Equity 138.6M 143.7M 166.1M 149.0M
Stockholders Equity 138.6M 143.7M 166.1M 149.0M
Total Equity Gross Minority Interest 138.6M 143.7M 166.1M 149.0M
Total Capitalization 138.6M 143.7M 166.1M 149.0M
Net Tangible Assets 138.6M 143.7M 166.1M 149.0M
Tangible Book Value 138.6M 143.7M 166.1M 149.0M
Working Capital 23.0M 29.8M 23.9M 1.8M
Invested Capital 138.7M 143.7M 166.2M 152.4M
Total Debt 188,000 228,000 283,000 3.6M
Share Issued 428.5M 428.5M 428.5M 428.5M
Ordinary Shares Number 428.5M 428.5M 428.5M 428.5M
Allowance For Doubtful Accounts Receivable -- -234,000 -162,000 -162,000
Capital Lease Obligations 139,000 192,000 250,000 207,000
Current Capital Lease Obligation 56,000 58,000 59,000 52,000
Current Provisions 799,000 184,000 484,000 --
Gross Accounts Receivable -- 3.2M 4.8M 4.2M
Investmentsin Associatesat Cost 4.4M 4.5M 5.8M --
Leases 511,000 511,000 511,000 416,000
Line Of Credit 49,000 36,000 33,000 3.4M
Long Term Provisions 18.6M 18.9M 19.0M 21.5M
Other Properties 340.1M 326.6M 155.5M 155.0M
Pensionand Other Post Retirement Benefit Plans Current -- -- 484,000 0.00
Properties 0.00 0.00 0.00 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 13.7M 16.3M 28.8M 14.1M
Cash Flow From Continuing Operating Activities 13.7M 16.3M 28.8M 14.1M
Depreciation And Amortization 60,000 12.6M 9.9M 6.1M
Depreciation Amortization Depletion 11.9M 12.6M 9.9M 6.1M
Stock Based Compensation 1.1M 1.4M 1.9M 476,000
Deferred Tax 0.00 0.00 0.00 -7,000
Deferred Income Tax 0.00 0.00 0.00 -7,000
Change In Working Capital -886,000 462,000 2.1M -176,000
Other Non Cash Items 531,000 -116,000 -2.5M 104,000
Capital Expenditure -4.0M -4.7M -2.8M -502,000
Purchase Of PPE -4.0M -4.7M -2.8M -502,000
Net PPE Purchase And Sale -4.0M -4.7M -2.8M -502,000
Investing Cash Flow -16.9M -10.8M -12.0M -3.8M
Cash Flow From Continuing Investing Activities -16.9M -10.8M -12.0M -3.8M
Issuance Of Debt 0.00 3,000 5.4M 18.0M
Repayment Of Debt -65,000 -58,000 -8.9M -30.1M
Net Issuance Payments Of Debt -65,000 -55,000 -3.4M -12.1M
Issuance Of Capital Stock -- -- 0.00 175,000
Net Common Stock Issuance -- -- 0.00 175,000
Financing Cash Flow -65,000 -55,000 -3.4M -11.9M
Cash Flow From Continuing Financing Activities -65,000 -55,000 -3.4M -11.9M
Changes In Cash -3.2M 5.4M 13.4M -1.6M
Beginning Cash Position 35.0M 29.6M 16.2M 17.8M
End Cash Position 31.8M 35.0M 29.6M 16.2M
Free Cash Flow 9.6M 11.7M 26.0M 13.6M
Asset Impairment Charge 7.9M 24.4M 857,000 12.1M
Common Stock Issuance -- -- 0.00 175,000
Depletion 11.8M 12.6M -- --
Depreciation 60,000 12.6M 9.9M 6.1M
Earnings Losses From Equity Investments 474,000 1.2M 2.5M 0.00
Gain Loss On Sale Of Business 474,000 1.2M 2.5M 0.00
Interest Paid Cfo -- -- -156,000 -433,000
Interest Received Cfo -- -- 568,000 207,000
Long Term Debt Payments -65,000 -58,000 -53,000 -53,000
Net Income From Continuing Operations -7.3M -23.7M 14.1M -4.3M
Net Long Term Debt Issuance -65,000 -58,000 -53,000 -53,000
Net Other Investing Changes -12.8M -6.2M -9.2M -3.3M
Net Short Term Debt Issuance 0.00 3,000 -3.4M -12.0M
Operating Gains Losses 474,000 1.2M 2.5M --
Short Term Debt Issuance 0.00 3,000 5.4M 18.0M
Short Term Debt Payments -- 0.00 -8.8M -30.0M
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