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Q2 Metals Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Feb 28, 2025 FY 2024Feb 29, 2024 FY 2023Feb 28, 2023 FY 2022Feb 28, 2022 FY 2021Feb 28, 2021
Total Revenue 0.00 0.00 0.00 0.00 --
Operating Revenue 0.00 0.00 0.00 0.00 --
Cost Of Revenue -- -- -- -- 0.00
Gross Profit -- -- -- -- 0.00
Selling General And Administration 6.4M 2.2M 1.9M 1.4M --
General And Administrative Expense 5.9M 1.8M 1.7M 1.3M --
Other Operating Expenses -- -- 18,859 5,083 --
Operating Expense 6.4M 2.2M 1.9M 1.4M --
Operating Income -6.4M -2.2M -1.9M -1.4M --
EBIT -5.2M -188,333 -1.9M -2.2M --
Interest Expense 6,256 7,991 1,692 11,895 --
Interest Expense Non Operating 6,256 7,991 1,692 11,895 --
Interest Income 199,410 453,360 0.00 -- --
Interest Income Non Operating 199,410 453,360 0.00 -- --
Net Interest Income 193,154 445,369 -1,692 -11,895 --
Other Income Expense 1.0M 1.6M -- -818,473 17,679
Other Non Operating Income Expenses 1.0M 1.6M -- 27,007 17,679
Special Income Charges -- -- 0.00 -845,480 0.00
Pretax Income -5.2M -196,324 -1.9M -2.3M --
Tax Provision 266,000 0.00 -- -- --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -5.5M -195,442 -1.9M -2.3M --
Net Income From Continuing Operation Net Minority Interest -5.5M -195,442 -1.9M -2.3M --
Net Income Including Noncontrolling Interests -5.4M -196,324 -1.9M -2.3M --
Minority Interests -187.00 882.00 2,378 1,233 --
Net Income Common Stockholders -5.5M -195,442 -1.9M -2.3M --
Net Income -5.5M -195,442 -1.9M -2.3M --
EBITDA -5.2M -188,333 -1.9M -2.2M --
Normalized EBITDA -5.2M -188,333 -1.9M -1.4M --
Basic EPS -0.05 0.00 -0.04 -0.17 --
Diluted EPS -0.05 0.00 -0.04 -0.17 --
Basic Average Shares 117.7M 83.3M 45.1M 13.6M --
Diluted Average Shares 117.7M 83.3M 45.1M 13.6M --
Total Unusual Items -- -- 0.00 -845,480 0.00
Total Unusual Items Excluding Goodwill -- -- 0.00 -845,480 0.00
Tax Rate For Calcs 0.15 0.00 0.00 0.00 --
Normalized Income -5.5M -195,442 -1.9M -1.4M --
Diluted NI Availto Com Stockholders -5.5M -195,442 -1.9M -2.3M --
Gain On Sale Of Ppe -- -- -- -- 0.00
Impairment Of Capital Assets -- -- 0.00 845,480 0.00
Insurance And Claims 59,808 51,931 22,206 9,061 --
Net Income Continuous Operations -5.4M -196,324 -1.9M -2.3M --
Net Non Operating Interest Income Expense 193,154 445,369 -1,692 -11,895 --
Other Gand A 935,012 730,568 707,181 445,914 --
Reconciled Cost Of Revenue -- -- -- -- 0.00
Salaries And Wages 4.9M 1.0M 936,338 826,000 --
Selling And Marketing Expense 576,172 383,495 212,565 134,968 --
Total Expenses 6.4M 2.2M 1.9M 1.4M --
Line Item FY 2025Feb 28, 2025 FY 2024Feb 29, 2024 FY 2023Feb 28, 2023 FY 2022Feb 28, 2022 FY 2021Feb 28, 2021
Cash And Cash Equivalents 12.4M 5.9M 12.0M 946,403 --
Cash Cash Equivalents And Short Term Investments 12.4M 5.9M 12.0M 946,403 --
Cash Financial -- -- 12.0M 946,403 41,480
Accounts Receivable 0.00 1,507 2,471 3,487 --
Receivables 268,252 724,844 90,785 65,896 --
Prepaid Assets 536,396 169,438 40,172 202,726 --
Current Assets 13.2M 6.8M 12.1M 1.2M --
Gross PPE -- -- 7.2M 3.6M 858,155
Net PPE 35.7M 22.1M 7.2M 3.6M --
Other Non Current Assets 17,437 17,437 17,437 15,150 --
Total Non Current Assets 35.7M 22.1M 7.2M 3.6M --
Total Assets 48.9M 28.9M 19.4M 4.8M --
Current Debt -- -- 28,074 28,146 10,867
Current Debt And Capital Lease Obligation -- -- 28,074 28,146 10,867
Accounts Payable 1.8M 2.1M 312,346 173,970 --
Payables 1.8M 2.1M 312,346 173,970 --
Payables And Accrued Expenses 1.8M 2.1M 312,346 173,970 --
Other Current Liabilities 90,857 -- 1.6M -- --
Current Liabilities 1.9M 2.1M 1.9M 202,116 --
Total Non Current Liabilities Net Minority Interest 266,000 0.00 0.00 0.00 --
Total Liabilities Net Minority Interest 2.1M 2.1M 1.9M 202,116 --
Common Stock 55.4M 34.7M 26.2M 12.8M --
Capital Stock 55.4M 34.7M 26.2M 12.8M --
Retained Earnings -17.1M -11.6M -11.4M -9.5M --
Gains Losses Not Affecting Retained Earnings 8.3M 3.5M 2.5M 1.2M --
Other Equity Adjustments 8.3M 3.5M 2.5M 1.2M --
Common Stock Equity 46.6M 26.6M 17.3M 4.4M --
Stockholders Equity 46.6M 26.6M 17.3M 4.4M --
Total Equity Gross Minority Interest 46.8M 26.8M 17.5M 4.6M --
Minority Interest 166,764 166,577 167,459 169,837 --
Total Capitalization 46.6M 26.6M 17.3M 4.4M --
Net Tangible Assets 46.6M 26.6M 17.3M 4.4M --
Tangible Book Value 46.6M 26.6M 17.3M 4.4M --
Working Capital 11.3M 4.7M 10.2M 1.0M --
Invested Capital 46.6M 26.6M 17.3M 4.4M --
Total Debt -- -- 28,074 28,146 10,867
Share Issued 147.6M 89.4M 75.7M 40.3M --
Ordinary Shares Number 147.6M 89.4M 75.7M 40.3M --
Non Current Deferred Liabilities 266,000 0.00 -- -- --
Non Current Deferred Taxes Liabilities 266,000 0.00 -- -- --
Other Current Borrowings -- -- 28,074 28,146 10,867
Other Equity Interest -- -- 11,050 -- --
Taxes Receivable 268,252 723,337 88,314 62,409 --
Line Item FY 2025Feb 28, 2025 FY 2024Feb 29, 2024 FY 2023Feb 28, 2023 FY 2022Feb 28, 2022 FY 2021Feb 28, 2021
Operating Cash Flow -1.5M -1.6M -748,821 -816,892 --
Cash Flow From Continuing Operating Activities -1.5M -1.6M -748,821 -816,892 --
Stock Based Compensation 4.8M 1.0M 936,338 826,000 --
Deferred Tax 266,000 0.00 -- -- --
Deferred Income Tax 266,000 0.00 -- -- --
Change In Working Capital 17,112 -870,738 213,754 -210,352 --
Changes In Account Receivables 456,592 -634,059 -24,889 -26,833 --
Change In Receivables 456,592 -634,059 -24,889 -26,833 --
Change In Payables And Accrued Expense -72,522 -107,413 78,376 19,207 --
Change In Payable -72,522 -107,413 78,376 19,207 --
Change In Other Working Capital -- -- -2,287 -- --
Other Non Cash Items -1.1M -1.6M -- -26,626 -16,812
Capital Expenditure -8.3M -6.0M -437,197 -47,318 --
Purchase Of PPE -- -- -437,197 -47,318 -74,819
Net PPE Purchase And Sale -- -- -437,197 -47,318 -74,819
Purchase Of Business -- -- 0.00 -275,325 0.00
Investing Cash Flow -8.3M -6.0M -437,197 -322,643 --
Cash Flow From Continuing Investing Activities -8.3M -6.0M -437,197 -322,643 --
Issuance Of Debt -- -- 0.00 18,369 0.00
Repayment Of Debt 0.00 -28,074 0.00 -11,268 --
Net Issuance Payments Of Debt 0.00 -28,074 0.00 7,101 --
Issuance Of Capital Stock 6.7M -- 11.4M 1.9M 175,165
Repurchase Of Capital Stock -- -6,169 -- -- --
Net Common Stock Issuance 6.7M -6,169 11.4M 1.9M --
Common Stock Payments -- -6,169 -- -- --
Financing Cash Flow 16.2M 1.4M 12.3M 2.0M --
Cash Flow From Continuing Financing Activities 16.2M 1.4M 12.3M 2.0M --
Changes In Cash 6.5M -6.1M 11.1M 904,923 --
Beginning Cash Position 5.9M 12.0M 946,403 41,480 --
End Cash Position 12.4M 5.9M 12.0M 946,403 --
Free Cash Flow -9.7M -7.6M -1.2M -864,210 --
Asset Impairment Charge -- -- 0.00 845,480 0.00
Capital Expenditure Reported -8.3M -6.0M -437,197 -47,318 --
Change In Prepaid Assets -366,958 -129,266 162,554 -202,726 --
Common Stock Issuance 6.7M -- 11.4M 1.9M 175,165
Long Term Debt Payments -- -- -- -11,268 0.00
Net Business Purchase And Sale -- -- 0.00 -275,325 0.00
Net Foreign Currency Exchange Gain Loss -- 0.00 -72.00 0.00 --
Net Income From Continuing Operations -5.4M -196,324 -1.9M -2.3M --
Net Long Term Debt Issuance -- -- -- -11,268 0.00
Net Other Financing Charges -- -- 11,050 -- --
Net Other Investing Changes -- -- -437,197 -47,318 -74,819
Net Short Term Debt Issuance 0.00 -28,074 0.00 7,101 --
Operating Gains Losses -- -- -72.00 -- --
Proceeds From Stock Option Exercised 9.6M 1.5M 804,286 101,500 --
Short Term Debt Issuance -- -- 0.00 18,369 0.00
Short Term Debt Payments 0.00 -28,074 0.00 -11,268 --
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