Roland Mineral Enterprises Corp.
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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling General And Administration | 184,558 | 186,271 | 212,600 | 182,316 |
| General And Administrative Expense | 184,558 | 186,271 | 212,600 | 182,316 |
| Other Operating Expenses | 51,138 | 111,625 | 44,613 | 51,636 |
| Operating Expense | 235,696 | 297,896 | 257,213 | 233,952 |
| Operating Income | -235,696 | -297,896 | -257,213 | -233,952 |
| EBIT | -276,567 | -881,315 | -1.6M | -747,794 |
| Interest Expense | 406,276 | 288,429 | 171,333 | 169,117 |
| Interest Expense Non Operating | 406,276 | 288,429 | 171,333 | 169,117 |
| Interest Income | -- | -- | -- | 0.00 |
| Interest Income Non Operating | -- | -- | -- | 0.00 |
| Net Interest Income | -406,276 | -288,429 | -171,333 | -169,117 |
| Other Income Expense | -40,871 | -583,419 | -1.3M | -513,842 |
| Other Non Operating Income Expenses | -- | -38,860 | -2,633 | 2,258 |
| Special Income Charges | -40,871 | -583,419 | -1.3M | -516,100 |
| Write Off | 5,473 | 16,115 | 0.00 | -- |
| Gain On Sale Of Security | -- | -- | -2,000 | -- |
| Pretax Income | -682,843 | -1.2M | -1.8M | -916,911 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -682,843 | -1.2M | -1.8M | -916,911 |
| Net Income From Continuing Operation Net Minority Interest | -682,843 | -1.2M | -1.8M | -916,911 |
| Net Income Including Noncontrolling Interests | -682,843 | -1.2M | -1.8M | -916,911 |
| Net Income Common Stockholders | -682,843 | -1.2M | -1.8M | -916,911 |
| Net Income | -682,843 | -1.2M | -1.8M | -916,911 |
| EBITDA | -276,567 | -881,315 | -1.6M | -747,794 |
| Normalized EBITDA | -235,696 | -297,896 | -257,213 | -231,694 |
| Basic EPS | -0.01 | -0.01 | -0.02 | -0.01 |
| Diluted EPS | -0.01 | -0.01 | -0.02 | -0.01 |
| Basic Average Shares | 108.0M | 98.3M | 98.3M | 97.6M |
| Diluted Average Shares | 108.0M | 98.3M | 98.3M | 97.6M |
| Total Unusual Items | -40,871 | -583,419 | -1.3M | -516,100 |
| Total Unusual Items Excluding Goodwill | -40,871 | -583,419 | -1.3M | -516,100 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -641,972 | -586,325 | -428,546 | -400,811 |
| Diluted NI Availto Com Stockholders | -682,843 | -1.2M | -1.8M | -916,911 |
| Impairment Of Capital Assets | 35,398 | 567,304 | 1.3M | 516,100 |
| Net Income Continuous Operations | -682,843 | -1.2M | -1.8M | -916,911 |
| Net Non Operating Interest Income Expense | -406,276 | -288,429 | -171,333 | -169,117 |
| Other Gand A | 84,883 | 87,760 | 105,856 | 59,337 |
| Rent And Landing Fees | 33,600 | 33,600 | 33,600 | 33,600 |
| Rent Expense Supplemental | 33,600 | 33,600 | 33,600 | 33,600 |
| Salaries And Wages | 66,075 | 64,911 | 73,144 | 89,379 |
| Selling And Marketing Expense | -- | -- | -- | 4,825 |
| Total Expenses | 235,696 | 297,896 | 257,213 | 233,952 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 472,038 | 41,973 | 25,472 | 519,449 |
| Cash Cash Equivalents And Short Term Investments | 474,038 | 43,973 | 27,472 | 523,449 |
| Cash Financial | 472,038 | 41,973 | 25,472 | 519,449 |
| Other Short Term Investments | 2,000 | 2,000 | 2,000 | 4,000 |
| Accounts Receivable | 74,778 | 45,507 | 49,930 | 33,718 |
| Receivables | 74,778 | 45,507 | 49,930 | 33,718 |
| Prepaid Assets | -- | -- | 0.00 | 12,153 |
| Current Assets | 548,816 | 89,480 | 77,402 | 569,320 |
| Net PPE | 3.0M | 2.8M | 3.2M | 4.3M |
| Total Non Current Assets | 3.0M | 2.8M | 3.2M | 4.3M |
| Total Assets | 3.6M | 2.9M | 3.3M | 4.9M |
| Current Debt | 41,500 | 23,500 | -- | -- |
| Current Debt And Capital Lease Obligation | 41,500 | 23,500 | -- | -- |
| Accounts Payable | 1.9M | 1.5M | 897,605 | 735,335 |
| Payables | 1.9M | 1.5M | 897,605 | 735,335 |
| Payables And Accrued Expenses | 2.2M | 1.7M | 1.1M | 890,700 |
| Current Accrued Expenses | 278,732 | 228,954 | 186,261 | 155,365 |
| Current Liabilities | 2.2M | 1.7M | 1.1M | 890,700 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 2.2M | 1.7M | 1.1M | 890,700 |
| Common Stock | 23.3M | 22.5M | 22.3M | 22.3M |
| Capital Stock | 23.3M | 22.5M | 22.3M | 22.3M |
| Retained Earnings | -26.2M | -25.5M | -24.3M | -22.5M |
| Common Stock Equity | 1.4M | 1.2M | 2.2M | 4.0M |
| Stockholders Equity | 1.4M | 1.2M | 2.2M | 4.0M |
| Total Equity Gross Minority Interest | 1.4M | 1.2M | 2.2M | 4.0M |
| Total Capitalization | 1.4M | 1.2M | 2.2M | 4.0M |
| Net Tangible Assets | 1.4M | 1.2M | 2.2M | 4.0M |
| Tangible Book Value | 1.4M | 1.2M | 2.2M | 4.0M |
| Working Capital | -1.7M | -1.6M | -1.0M | -321,380 |
| Invested Capital | 1.4M | 1.2M | 2.2M | 4.0M |
| Total Debt | 41,500 | 23,500 | -- | -- |
| Share Issued | 128.4M | 102.0M | 98.3M | 98.3M |
| Ordinary Shares Number | 128.4M | 102.0M | 98.3M | 98.3M |
| Interest Payable | 260,268 | 213,954 | 174,261 | 143,365 |
| Other Current Borrowings | 41,500 | 23,500 | -- | -- |
| Other Equity Interest | 4.2M | 4.1M | 4.2M | 4.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -451,318 | -144,999 | -466,010 | -625,443 |
| Cash Flow From Continuing Operating Activities | -451,318 | -144,999 | -466,010 | -625,443 |
| Stock Based Compensation | -- | -- | -- | 0.00 |
| Change In Working Capital | 190,654 | 441,326 | -37,464 | -222,374 |
| Change In Receivables | -34,744 | -11,692 | -16,212 | -12,010 |
| Change In Payables And Accrued Expense | 225,398 | 453,018 | -33,405 | -198,211 |
| Other Non Cash Items | -- | -- | -- | -2,258 |
| Capital Expenditure | -36,617 | -2,000 | -27,967 | -12,482 |
| Purchase Of PPE | -36,617 | -2,000 | -27,967 | -12,482 |
| Net PPE Purchase And Sale | -36,617 | -2,000 | -27,967 | -12,482 |
| Investing Cash Flow | -36,617 | -2,000 | -27,967 | -12,482 |
| Cash Flow From Continuing Investing Activities | -36,617 | -2,000 | -27,967 | -12,482 |
| Issuance Of Debt | 111,500 | 49,500 | 0.00 | -- |
| Repayment Of Debt | -93,500 | -26,000 | 0.00 | 0.00 |
| Net Issuance Payments Of Debt | 18,000 | 23,500 | 0.00 | 0.00 |
| Issuance Of Capital Stock | 900,000 | 140,000 | 0.00 | 228,571 |
| Net Common Stock Issuance | 900,000 | 140,000 | 0.00 | 228,571 |
| Financing Cash Flow | 918,000 | 163,500 | 0.00 | 228,571 |
| Cash Flow From Continuing Financing Activities | 918,000 | 163,500 | 0.00 | 228,571 |
| Changes In Cash | 430,065 | 16,501 | -493,977 | -409,354 |
| Beginning Cash Position | 41,973 | 25,472 | 519,449 | 928,803 |
| End Cash Position | 472,038 | 41,973 | 25,472 | 519,449 |
| Free Cash Flow | -487,935 | -146,999 | -493,977 | -637,925 |
| Asset Impairment Charge | 40,871 | 583,419 | 1.3M | 516,100 |
| Capital Expenditure Reported | -36,617 | -2,000 | -27,967 | -12,482 |
| Change In Prepaid Assets | -- | 0.00 | 12,153 | -12,153 |
| Common Stock Issuance | 900,000 | 140,000 | 0.00 | 228,571 |
| Long Term Debt Payments | -- | -- | -- | 0.00 |
| Net Income From Continuing Operations | -682,843 | -1.2M | -1.8M | -916,911 |
| Net Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Net Other Investing Changes | -- | -- | -27,967 | -- |
| Net Short Term Debt Issuance | 18,000 | 23,500 | 0.00 | -- |
| Operating Gains Losses | -- | -- | -- | -2,258 |
| Short Term Debt Issuance | 111,500 | 49,500 | 0.00 | -- |
| Short Term Debt Payments | -93,500 | -26,000 | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | -- | 0.00 | 2,000 | 0.00 |