Reconnaissance Energy Africa Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 4.4M | 5.6M | 6.7M |
| General And Administrative Expense | 4.2M | 5.4M | 6.5M |
| Other Operating Expenses | 100,458 | 37,051 | 29,605 |
| Operating Expense | 4.5M | 5.6M | 6.7M |
| Operating Income | -4.5M | -5.6M | -6.7M |
| EBIT | -4.5M | -5.6M | -6.7M |
| Other Income Expense | -114,876 | 178,275 | 37,031 |
| Other Non Operating Income Expenses | 72,488 | 270,952 | 116,409 |
| Gain On Sale Of Security | -187,364 | -92,677 | -79,378 |
| Pretax Income | -4.6M | -5.4M | -6.7M |
| Tax Provision | 0.00 | -- | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.6M | -5.4M | -6.7M |
| Net Income From Continuing Operation Net Minority Interest | -4.6M | -5.4M | -6.7M |
| Net Income Including Noncontrolling Interests | -4.6M | -5.4M | -6.7M |
| Net Income Common Stockholders | -4.6M | -5.4M | -6.7M |
| Net Income | -4.6M | -5.4M | -6.7M |
| EBITDA | -4.5M | -5.6M | -6.7M |
| Normalized EBITDA | -4.3M | -5.5M | -6.7M |
| Basic EPS | -0.01 | -0.02 | -0.03 |
| Diluted EPS | -0.01 | -0.02 | -0.03 |
| Basic Average Shares | 310.1M | 254.8M | 229.9M |
| Diluted Average Shares | 310.1M | 254.8M | 229.9M |
| Total Unusual Items | -187,364 | -92,677 | -79,378 |
| Total Unusual Items Excluding Goodwill | -187,364 | -92,677 | -79,378 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 |
| Normalized Income | -4.4M | -5.3M | -6.6M |
| Diluted NI Availto Com Stockholders | -4.6M | -5.4M | -6.7M |
| Insurance And Claims | 461,871 | 294,992 | 431,071 |
| Net Income Continuous Operations | -4.6M | -5.4M | -6.7M |
| Net Income Discontinuous Operations | -- | 0.00 | 0.00 |
| Other Gand A | 823,574 | 1.2M | 1.0M |
| Salaries And Wages | 3.0M | 3.9M | 5.1M |
| Selling And Marketing Expense | 148,839 | 198,388 | 136,732 |
| Total Expenses | 4.5M | 5.6M | 6.7M |
| Line Item | Q3 2025Sep 30, 2025 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|
| Cash And Cash Equivalents | 20.7M | 30.8M | 9.2M |
| Cash Cash Equivalents And Short Term Investments | 20.7M | 30.8M | 9.2M |
| Cash Financial | 20.7M | 30.8M | 9.2M |
| Receivables | 2.5M | 249,448 | 410,674 |
| Prepaid Assets | 256,719 | 1.1M | 1.3M |
| Current Assets | 23.5M | 32.1M | 10.8M |
| Gross PPE | 194.3M | 156.4M | 144.1M |
| Accumulated Depreciation | -3.6M | -2.7M | -2.5M |
| Net PPE | 190.8M | 153.7M | 141.6M |
| Total Non Current Assets | 194.8M | 160.0M | 147.1M |
| Total Assets | 218.2M | 192.1M | 157.9M |
| Accounts Payable | 3.0M | 4.7M | 4.3M |
| Payables | 3.0M | 4.7M | 4.3M |
| Payables And Accrued Expenses | 3.0M | 4.7M | 4.3M |
| Current Liabilities | 3.8M | 5.1M | 4.8M |
| Total Non Current Liabilities Net Minority Interest | 2.1M | 1.1M | 1.1M |
| Total Liabilities Net Minority Interest | 5.9M | 6.2M | 5.9M |
| Common Stock | 437.2M | 408.7M | 372.8M |
| Capital Stock | 437.2M | 408.7M | 372.8M |
| Retained Earnings | -338.5M | -318.1M | -312.7M |
| Gains Losses Not Affecting Retained Earnings | 113.6M | 95.3M | 91.9M |
| Other Equity Adjustments | 113.6M | 95.3M | 91.9M |
| Common Stock Equity | 212.3M | 185.9M | 152.0M |
| Stockholders Equity | 212.3M | 185.9M | 152.0M |
| Total Equity Gross Minority Interest | 212.3M | 185.9M | 152.0M |
| Total Capitalization | 212.3M | 185.9M | 152.0M |
| Net Tangible Assets | 212.3M | 185.9M | 152.0M |
| Tangible Book Value | 212.3M | 185.9M | 152.0M |
| Working Capital | 19.7M | 27.0M | 6.1M |
| Invested Capital | 212.3M | 185.9M | 152.0M |
| Share Issued | 337.7M | 265.6M | 231.7M |
| Ordinary Shares Number | 337.7M | 265.6M | 231.7M |
| Current Deferred Liabilities | -- | 0.00 | 0.00 |
| Current Provisions | 738,749 | 401,491 | 481,647 |
| Long Term Provisions | 1.1M | 622,531 | 616,805 |
| Machinery Furniture Equipment | 418,136 | 408,129 | 413,607 |
| Non Current Accounts Receivable | 4.0M | 6.3M | 5.5M |
| Non Current Deferred Liabilities | 1.0M | 439,401 | 445,521 |
| Non Current Deferred Taxes Liabilities | 1.0M | 439,401 | 445,521 |
| Other Properties | 193.9M | 156.0M | 143.7M |
| Other Receivables | 437,030 | 249,448 | 410,674 |
| Taxes Receivable | 2.1M | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|
| Operating Cash Flow | -4.6M | -4.8M | -4.9M |
| Cash Flow From Continuing Operating Activities | -4.6M | -4.8M | -4.9M |
| Stock Based Compensation | 1.4M | 2.4M | 3.5M |
| Deferred Tax | 0.00 | -- | -- |
| Deferred Income Tax | 0.00 | -- | -- |
| Change In Working Capital | -1.6M | -1.7M | -1.8M |
| Change In Receivables | -1.5M | -637,561 | -390,103 |
| Change In Payables And Accrued Expense | -112,283 | -1.3M | -696,462 |
| Other Non Cash Items | 18,915 | 14,349 | 14,392 |
| Capital Expenditure | -11.1M | -12.5M | -4.5M |
| Purchase Of PPE | -11.1M | -12.5M | -4.5M |
| Net PPE Purchase And Sale | -11.1M | -12.5M | -4.4M |
| Investing Cash Flow | -11.1M | -12.6M | -4.5M |
| Cash Flow From Continuing Investing Activities | -11.1M | -12.6M | -4.5M |
| Issuance Of Capital Stock | 20.4M | 41.4M | 18.3M |
| Net Common Stock Issuance | 20.4M | 41.4M | 18.3M |
| Financing Cash Flow | 19.0M | 39.0M | 16.5M |
| Cash Flow From Continuing Financing Activities | 19.0M | 39.0M | 16.5M |
| Effect Of Exchange Rate Changes | 57,710 | -28,589 | 23,463 |
| Changes In Cash | 3.3M | 21.7M | 7.1M |
| Beginning Cash Position | 17.3M | 9.2M | 2.1M |
| End Cash Position | 20.7M | 30.8M | 9.2M |
| Free Cash Flow | -15.7M | -17.3M | -9.4M |
| Cash Flow From Discontinued Operation | -- | 0.00 | 0.00 |
| Change In Prepaid Assets | 19,813 | 231,043 | -731,161 |
| Common Stock Issuance | 20.4M | 41.4M | 18.3M |
| Net Foreign Currency Exchange Gain Loss | 209,164 | -50,616 | 46,456 |
| Net Income From Continuing Operations | -4.6M | -5.4M | -6.7M |
| Net Other Financing Charges | -1.3M | -2.4M | -1.8M |
| Net Other Investing Changes | -- | -- | -110,646 |
| Operating Gains Losses | 209,164 | -50,616 | 46,456 |
| Sale Of PPE | 0.00 | 0.00 | 69,393 |