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Quantum eMotion 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
Selling General And Administration 2.2M 1.5M 1.9M 679,203
General And Administrative Expense 2.0M 1.3M 1.8M 632,049
Research And Development 709,379 557,108 271,804 117,155
Depreciation And Amortization In Income Statement 22,307 22,307 22,305 22,305
Other Operating Expenses -- -- -22,041 751,344
Operating Expense 3.0M 2.1M 2.2M 1.6M
Operating Income -3.0M -2.1M -2.2M -1.6M
EBIT -3.0M -2.4M -2.8M -1.6M
Interest Expense 15,351 12,044 24,924 8,804
Interest Expense Non Operating 15,351 12,044 24,924 8,804
Interest Income 19,746 70,429 76,995 1,265
Interest Income Non Operating 19,746 70,429 76,995 1,265
Net Interest Income 4,395 58,385 52,071 -7,539
Other Income Expense -13,906 -348,647 -686,210 14,898
Special Income Charges 0.00 -350,000 -568,580 0.00
Gain On Sale Of Security -13,906 1,353 -117,630 14,898
Pretax Income -3.0M -2.4M -2.8M -1.6M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -3.0M -2.4M -2.8M -1.6M
Net Income From Continuing Operation Net Minority Interest -3.0M -2.4M -2.8M -1.6M
Net Income Including Noncontrolling Interests -3.0M -2.4M -2.8M -1.6M
Net Income Common Stockholders -3.0M -2.4M -2.8M -1.6M
Net Income -3.0M -2.4M -2.8M -1.6M
EBITDA -2.9M -2.4M -2.8M -1.5M
Normalized EBITDA -2.9M -2.0M -2.1M -1.5M
Reconciled Depreciation 22,307 22,307 22,305 22,305
Basic EPS -0.02 -0.02 -0.02 -0.01
Diluted EPS -0.02 -0.02 -0.02 -0.01
Basic Average Shares 148.4M 135.5M 134.5M 104.0M
Diluted Average Shares 148.4M 135.5M 134.5M 104.0M
Total Unusual Items -13,906 -348,647 -686,210 14,898
Total Unusual Items Excluding Goodwill -13,906 -348,647 -686,210 14,898
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -3.0M -2.0M -2.1M -1.6M
Amortization 22,307 22,307 22,305 22,305
Amortization Of Intangibles Income Statement 22,307 22,307 22,305 22,305
Depreciation Amortization Depletion Income Statement 22,307 22,307 22,305 22,305
Diluted NI Availto Com Stockholders -3.0M -2.4M -2.8M -1.6M
Gain On Sale Of Ppe -- 0.00 -568,580 0.00
Impairment Of Capital Assets 0.00 350,000 0.00 --
Insurance And Claims -- -- 19,683 16,399
Net Income Continuous Operations -3.0M -2.4M -2.8M -1.6M
Net Non Operating Interest Income Expense 4,395 58,385 52,071 -7,539
Other Gand A 1.6M 1.1M 1.2M 324,096
Salaries And Wages 399,843 145,533 541,991 291,554
Selling And Marketing Expense 183,341 229,008 146,218 47,154
Total Expenses 3.0M 2.1M 2.2M 1.6M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 1.4M 315,626 2.6M 1.0M
Cash Cash Equivalents And Short Term Investments 1.4M 1.1M 3.5M 2.0M
Cash Financial 1.4M 315,626 2.6M 1.0M
Other Short Term Investments 87,335 765,858 915,141 1.0M
Accounts Receivable 0.00 53,850 0.00 --
Receivables 46,677 159,416 118,891 57,030
Prepaid Assets -- -- -- 50,188
Other Current Assets 34,642 53,153 35,848 50,188
Current Assets 1.5M 1.3M 3.7M 2.1M
Goodwill And Other Intangible Assets 329,389 351,696 374,003 957,161
Other Intangible Assets 329,389 351,696 374,003 957,161
Total Non Current Assets 329,389 351,696 374,003 957,161
Total Assets 1.9M 1.6M 4.0M 3.1M
Current Debt -- -- 40,000 --
Current Debt And Capital Lease Obligation -- -- 40,000 --
Payables And Accrued Expenses 473,254 186,811 337,754 333,818
Current Liabilities 473,254 186,811 377,754 333,818
Long Term Debt 46,352 40,000 -- 53,572
Long Term Debt And Capital Lease Obligation 46,352 40,000 -- 53,572
Total Non Current Liabilities Net Minority Interest 46,352 40,000 0.00 55,613
Total Liabilities Net Minority Interest 519,606 226,811 377,754 389,431
Common Stock 15.5M 13.4M 13.4M 10.2M
Capital Stock 15.5M 13.4M 13.4M 10.2M
Additional Paid In Capital 1.5M 1.2M 1.0M 506,603
Retained Earnings -16.1M -13.2M -10.8M -8.0M
Common Stock Equity 1.3M 1.4M 3.7M 2.7M
Stockholders Equity 1.3M 1.4M 3.7M 2.7M
Total Equity Gross Minority Interest 1.3M 1.4M 3.7M 2.7M
Total Capitalization 1.4M 1.5M 3.7M 2.8M
Net Tangible Assets 1.0M 1.1M 3.3M 1.8M
Tangible Book Value 1.0M 1.1M 3.3M 1.8M
Working Capital 1.1M 1.1M 3.3M 1.8M
Invested Capital 1.4M 1.5M 3.7M 2.8M
Total Debt 46,352 40,000 40,000 53,572
Share Issued 164.7M 135.5M 135.5M 114.0M
Ordinary Shares Number 164.7M 135.5M 135.5M 114.0M
Non Current Deferred Liabilities -- -- 0.00 2,041
Non Current Deferred Revenue -- -- 0.00 2,041
Other Current Borrowings -- -- 40,000 --
Other Equity Interest 463,565 -- -- --
Taxes Receivable 46,677 105,566 118,891 57,030
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -2.1M -2.1M -1.6M -1.5M
Cash Flow From Continuing Operating Activities -2.1M -2.1M -1.6M -1.5M
Depreciation And Amortization 22,307 22,307 22,305 22,305
Depreciation Amortization Depletion 22,307 22,307 22,305 22,305
Stock Based Compensation 399,843 145,533 541,991 263,745
Change In Working Capital 417,693 -208,773 -43,585 -179,399
Changes In Account Receivables 53,850 -53,850 0.00 --
Change In Receivables 112,739 -40,525 -61,861 -49,562
Change In Payables And Accrued Expense 286,443 -150,943 3,936 -85,196
Other Non Cash Items 6,352 -- -15,613 3,725
Capital Expenditure -- -350,000 -7,727 -339,886
Purchase Of Investment -577,491 -336,418 -1.2M -1.5M
Sale Of Investment 1.2M 489,615 1.2M 464,817
Net Investment Purchase And Sale 668,488 153,197 -13,304 -1.0M
Investing Cash Flow 668,488 -196,803 -21,031 -1.3M
Cash Flow From Continuing Investing Activities 668,488 -196,803 -21,031 -1.3M
Issuance Of Debt -- -- 0.00 20,000
Net Issuance Payments Of Debt -- -- 0.00 20,000
Issuance Of Capital Stock 891,893 0.00 0.00 2.0M
Net Common Stock Issuance 891,893 0.00 0.00 2.0M
Financing Cash Flow 2.5M 0.00 3.2M 3.8M
Cash Flow From Continuing Financing Activities 2.5M 0.00 3.2M 3.8M
Changes In Cash 1.0M -2.3M 1.6M 1.0M
Beginning Cash Position 315,626 2.6M 1.0M 20,090
End Cash Position 1.4M 315,626 2.6M 1.0M
Free Cash Flow -2.1M -2.4M -1.6M -1.8M
Amortization Cash Flow 22,307 22,307 22,305 22,305
Amortization Of Intangibles 22,307 22,307 22,305 22,305
Asset Impairment Charge 0.00 350,000 0.00 --
Change In Prepaid Assets 18,511 -17,305 14,340 -44,641
Common Stock Issuance 891,893 0.00 0.00 2.0M
Gain Loss On Sale Of PPE -- 0.00 568,580 0.00
Long Term Debt Issuance -- -- 0.00 20,000
Net Income From Continuing Operations -3.0M -2.4M -2.8M -1.6M
Net Intangibles Purchase And Sale 0.00 -350,000 -7,727 -339,886
Net Long Term Debt Issuance -- -- 0.00 20,000
Net Other Financing Charges -1,200 -- 340.00 -71,711
Operating Gains Losses -- -- 568,580 --
Proceeds From Stock Option Exercised 1.6M 0.00 3.2M 1.9M
Purchase Of Intangibles 0.00 -350,000 -7,727 -339,886
Unrealized Gain Loss On Investment Securities 10,035 -3,914 113,082 -14,898
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