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Ridgestone Mining Inc.

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
Cost Of Revenue 380.00 0.00 190,559 363,509
Gross Profit -380.00 0.00 -190,559 -363,509
Selling General And Administration 255,653 306,380 316,262 1.3M
General And Administrative Expense 255,653 306,380 316,262 1.3M
Depreciation And Amortization In Income Statement 380.00 0.00 -- --
Other Operating Expenses 6,126 64,096 190,559 363,509
Operating Expense 261,779 370,476 506,821 1.7M
Operating Income -262,159 -370,476 -506,821 -1.7M
EBIT -257,204 -1.7M -517,188 -1.8M
Interest Expense 7,552 39,049 7,812 2,422
Interest Expense Non Operating 7,552 39,049 7,812 2,422
Net Interest Income -7,552 -39,049 -7,812 -2,422
Other Income Expense 4,955 -1.3M -10,367 -112,032
Special Income Charges 0.00 -1.3M 0.00 -50,749
Gain On Sale Of Security 4,955 -11,183 -10,367 -61,283
Pretax Income -264,756 -1.7M -525,000 -1.8M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -264,756 -1.7M -525,000 -1.8M
Net Income From Continuing Operation Net Minority Interest -264,756 -1.7M -525,000 -1.8M
Net Income Including Noncontrolling Interests -264,756 -1.7M -525,000 -1.8M
Net Income Common Stockholders -264,756 -1.7M -525,000 -1.8M
Net Income -264,756 -1.7M -525,000 -1.8M
EBITDA -256,824 -1.7M -517,188 -1.8M
Normalized EBITDA -261,779 -370,476 -506,821 -1.7M
Reconciled Depreciation 380.00 0.00 -- --
Basic EPS -0.02 -0.24 -0.10 -0.40
Diluted EPS -0.02 -0.24 -0.10 -0.40
Basic Average Shares 15.3M 7.3M 5.2M 4.5M
Diluted Average Shares 15.3M 7.3M 5.2M 4.5M
Total Unusual Items 4,955 -1.3M -10,367 -112,032
Total Unusual Items Excluding Goodwill 4,955 -1.3M -10,367 -112,032
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -269,711 -409,525 -514,633 -1.7M
Depreciation Amortization Depletion Income Statement 380.00 0.00 -- --
Depreciation Income Statement 380.00 0.00 -- --
Diluted NI Availto Com Stockholders -264,756 -1.7M -525,000 -1.8M
Impairment Of Capital Assets 0.00 1.3M 0.00 0.00
Net Income Continuous Operations -264,756 -1.7M -525,000 -1.8M
Net Non Operating Interest Income Expense -7,552 -39,049 -7,812 -2,422
Other Gand A 255,653 306,380 316,262 1.3M
Other Special Charges -- -- -- 50,749
Reconciled Cost Of Revenue 380.00 0.00 190,559 363,509
Salaries And Wages -- -- -- 0.00
Total Expenses 262,159 370,476 506,821 1.7M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 114,468 320,354 189,580 361,852
Cash Cash Equivalents And Short Term Investments 114,468 320,354 189,580 361,852
Cash Financial 114,468 320,354 189,580 361,852
Receivables 8,742 10,397 12,586 54,565
Prepaid Assets 22,000 0.00 22,995 26,477
Current Assets 145,210 330,751 225,161 442,894
Gross PPE 1.2M 1.2M -- --
Accumulated Depreciation -380.00 0.00 -- --
Net PPE 1.2M 1.2M 2.5M 2.2M
Total Non Current Assets 1.2M 1.2M 2.5M 2.2M
Total Assets 1.4M 1.6M 2.8M 2.6M
Current Debt -- -- 255,000 --
Current Debt And Capital Lease Obligation -- -- 255,000 --
Accounts Payable 62,789 47,739 85,136 93,496
Payables 370,679 293,597 250,454 177,207
Payables And Accrued Expenses 514,127 432,557 445,483 243,607
Current Accrued Expenses 143,448 138,960 195,029 66,400
Current Liabilities 514,127 432,557 700,483 243,607
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 514,127 432,557 700,483 243,607
Common Stock 10.2M 10.2M 9.4M 9.2M
Capital Stock 10.2M 10.2M 9.4M 9.2M
Retained Earnings -10.3M -10.0M -8.3M -7.7M
Gains Losses Not Affecting Retained Earnings 911,737 911,737 911,737 911,737
Other Equity Adjustments 911,737 911,737 911,737 911,737
Common Stock Equity 874,163 1.1M 2.1M 2.4M
Stockholders Equity 874,163 1.1M 2.1M 2.4M
Total Equity Gross Minority Interest 874,163 1.1M 2.1M 2.4M
Total Capitalization 874,163 1.1M 2.1M 2.4M
Net Tangible Assets 874,163 1.1M 2.1M 2.4M
Tangible Book Value 874,163 1.1M 2.1M 2.4M
Working Capital -368,917 -101,806 -475,322 199,287
Invested Capital 874,163 1.1M 2.3M 2.4M
Total Debt -- -- 255,000 --
Net Debt -- -- 65,420 --
Share Issued 15.3M 15.3M 5.3M 4.9M
Ordinary Shares Number 15.3M 15.3M 5.3M 4.9M
Dueto Related Parties Current 307,890 245,858 165,318 83,711
Machinery Furniture Equipment 2,735 0.00 -- --
Other Current Borrowings -- -- 255,000 --
Other Properties 1.2M 1.2M -- --
Taxes Receivable 8,742 10,397 12,586 54,565
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -203,151 -408,450 -277,663 -2.1M
Cash Flow From Continuing Operating Activities -203,151 -408,450 -277,663 -2.1M
Depreciation And Amortization 380.00 0.00 -- --
Depreciation Amortization Depletion 380.00 0.00 -- --
Stock Based Compensation -- -- -- 0.00
Change In Working Capital 61,225 -22,965 239,525 -386,071
Change In Receivables 1,655 2,189 41,979 -20,417
Change In Payables And Accrued Expense 81,570 -48,149 194,064 -364,716
Change In Payable 81,570 -48,149 194,064 -364,716
Other Non Cash Items -- 35,223 7,812 --
Capital Expenditure -2,735 -- -149,609 -58,803
Purchase Of PPE -2,735 0.00 -149,609 -58,803
Net PPE Purchase And Sale -2,735 0.00 -149,609 -58,803
Investing Cash Flow -2,735 0.00 -149,609 -58,803
Cash Flow From Continuing Investing Activities -2,735 0.00 -149,609 -58,803
Issuance Of Debt 0.00 100,000 255,000 0.00
Repayment Of Debt 0.00 -80,000 0.00 -160,000
Net Issuance Payments Of Debt 0.00 20,000 255,000 -160,000
Issuance Of Capital Stock 0.00 519,224 0.00 2.2M
Net Common Stock Issuance 0.00 519,224 0.00 2.2M
Financing Cash Flow 0.00 539,224 255,000 2.5M
Cash Flow From Continuing Financing Activities 0.00 539,224 255,000 2.5M
Changes In Cash -205,886 130,774 -172,272 315,806
Beginning Cash Position 320,354 189,580 361,852 46,046
End Cash Position 114,468 320,354 189,580 361,852
Free Cash Flow -205,886 -408,450 -427,272 -2.2M
Income Tax Paid Supplemental Data 0.00 0.00 0.00 0.00
Interest Paid Supplemental Data 0.00 3,826 0.00 7,098
Asset Impairment Charge 0.00 1.3M 0.00 0.00
Change In Account Payable 19,538 -122,710 112,457 -314,922
Change In Prepaid Assets -22,000 22,995 3,482 -938.00
Common Stock Issuance 0.00 519,224 0.00 2.2M
Depreciation 380.00 0.00 -- --
Long Term Debt Issuance -- 100,000 255,000 0.00
Long Term Debt Payments -- -80,000 0.00 -160,000
Net Income From Continuing Operations -264,756 -1.7M -525,000 -1.8M
Net Long Term Debt Issuance -- 20,000 255,000 -160,000
Net Short Term Debt Issuance 0.00 20,000 -- --
Operating Gains Losses -- -- -- 50,749
Proceeds From Stock Option Exercised -- -- 0.00 487,012
Short Term Debt Issuance 0.00 100,000 -- --
Short Term Debt Payments 0.00 -80,000 -- --
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