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Pathfinder Ventures 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 3.4M 3.4M 2.5M
Operating Revenue 0.00 3.4M 3.4M 2.5M
Cost Of Revenue 224,191 224,047 195,778 165,035
Gross Profit 3.2M 3.1M 3.2M 2.3M
Selling General And Administration 2.7M 2.6M 2.8M 2.5M
General And Administrative Expense 2.6M 2.5M 2.7M 2.3M
Depreciation And Amortization In Income Statement 668,186 746,943 786,532 496,959
Other Operating Expenses 607,644 716,898 715,391 565,760
Operating Expense 4.1M 4.1M 4.3M 3.6M
Operating Income -896,234 -983,113 -1.2M -1.3M
EBIT -1.0M -908,484 -1.1M -2.9M
Interest Expense 1.0M 1.2M 1.1M 516,712
Interest Expense Non Operating 1.0M 1.2M 1.1M 516,712
Net Interest Income -1.0M -1.2M -1.1M -550,866
Other Income Expense -107,485 89,769 36,843 -1.6M
Other Non Operating Income Expenses 4,021 179.00 23,333 54,332
Special Income Charges -109,188 91,441 16,325 -1.7M
Restructuring And Mergern Acquisition -- -- 0.00 1.7M
Write Off 17,027 0.00 -- --
Gain On Sale Of Security -2,318 -1,851 -2,815 -993.00
Pretax Income -2.0M -2.1M -2.3M -3.5M
Tax Provision -- -- 0.00 -94,935
Tax Effect Of Unusual Items 0.00 0.00 0.00 -45,536
Net Income From Continuing And Discontinued Operation -2.0M -2.1M -2.3M -3.4M
Net Income From Continuing Operation Net Minority Interest -2.0M -2.1M -2.3M -3.4M
Net Income Including Noncontrolling Interests -2.0M -2.1M -2.3M -3.4M
Net Income Common Stockholders -2.0M -2.1M -2.3M -3.4M
Net Income -2.0M -2.1M -2.3M -3.4M
EBITDA -335,533 -161,541 -354,008 -2.5M
Normalized EBITDA -224,027 -251,131 -367,518 -789,223
Reconciled Depreciation 668,186 746,943 786,532 496,959
Basic EPS -0.08 -0.14 -0.16 -0.28
Diluted EPS -0.08 -0.14 -0.16 -0.28
Basic Average Shares 25.2M 15.1M 14.0M 11.8M
Diluted Average Shares 25.2M 15.1M 14.0M 11.8M
Total Unusual Items -111,506 89,590 13,510 -1.7M
Total Unusual Items Excluding Goodwill -111,506 89,590 13,510 -1.7M
Tax Rate For Calcs 0.00 0.00 0.00 0.03
Normalized Income -1.9M -2.2M -2.3M -1.8M
Depreciation Amortization Depletion Income Statement 668,186 746,943 786,532 496,959
Depreciation Income Statement 668,186 746,943 786,532 496,959
Diluted NI Availto Com Stockholders -2.0M -2.1M -2.3M -3.4M
Gain On Sale Of Ppe 156.00 -16,994 0.00 2,575
Impairment Of Capital Assets -- -- -- 0.00
Insurance And Claims 89,602 80,658 66,141 61,852
Net Income Continuous Operations -2.0M -2.1M -2.3M -3.4M
Net Non Operating Interest Income Expense -1.0M -1.2M -1.1M -550,866
Other Gand A 804,374 626,427 621,949 978,404
Other Special Charges 92,317 -108,435 -16,325 --
Other Taxes 64,097 54,362 46,948 42,205
Reconciled Cost Of Revenue 224,191 224,047 195,778 165,035
Rent And Landing Fees 45,953 40,801 44,778 36,879
Rent Expense Supplemental 45,953 40,801 44,778 36,879
Salaries And Wages 1.7M 1.8M 1.9M 1.2M
Selling And Marketing Expense 122,216 83,358 135,375 175,583
Total Expenses 4.3M 4.3M 4.5M 3.8M
Total Operating Income As Reported -2.0M -2.2M -2.3M -1.9M
Total Other Finance Cost -- 15,140 6,085 34,154
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 826,123 456,100 982,482 2.1M
Cash Cash Equivalents And Short Term Investments 826,123 456,100 982,482 2.1M
Cash Financial 826,123 456,100 982,482 2.1M
Accounts Receivable 4,502 12,936 77,663 27,355
Receivables 153,607 61,409 116,417 27,355
Inventory 16,997 21,130 21,677 13,077
Prepaid Assets 264,766 131,936 28,908 145,364
Current Assets 1.3M 670,575 1.1M 2.3M
Gross PPE 15.8M 15.2M 15.2M 13.9M
Accumulated Depreciation -2.7M -2.1M -1.3M -542,087
Net PPE 13.1M 13.1M 13.8M 13.4M
Investments And Advances 500,000 0.00 -- --
Total Non Current Assets 13.9M 13.4M 13.8M 13.4M
Total Assets 15.2M 14.1M 15.0M 15.7M
Current Debt 5.5M 4.2M 7.8M 1.7M
Current Debt And Capital Lease Obligation 5.6M 4.3M 7.9M 1.8M
Accounts Payable 392,965 252,126 178,276 156,400
Payables 490,816 369,905 333,273 237,264
Payables And Accrued Expenses 1.1M 832,507 626,162 356,041
Current Accrued Expenses 631,265 462,602 292,889 118,777
Current Deferred Revenue 675,402 738,892 745,351 598,426
Current Liabilities 7.4M 5.9M 9.3M 2.8M
Long Term Debt 5.2M 6.4M 2.6M 7.6M
Long Term Debt And Capital Lease Obligation 5.5M 6.4M 2.7M 7.8M
Long Term Capital Lease Obligation 306,048 5,219 100,678 226,371
Total Non Current Liabilities Net Minority Interest 5.5M 6.4M 2.7M 7.8M
Total Liabilities Net Minority Interest 12.9M 12.3M 11.9M 10.6M
Common Stock 11.3M 8.7M 8.2M 8.2M
Capital Stock 11.3M 8.7M 8.2M 8.2M
Retained Earnings -10.2M -8.1M -6.1M -4.0M
Gains Losses Not Affecting Retained Earnings 1.1M 1.0M 969,201 953,527
Common Stock Equity 2.2M 1.8M 3.1M 5.1M
Stockholders Equity 2.2M 1.8M 3.1M 5.1M
Total Equity Gross Minority Interest 2.2M 1.8M 3.1M 5.1M
Total Capitalization 7.5M 8.2M 5.6M 12.7M
Net Tangible Assets 2.2M 1.8M 3.1M 5.1M
Tangible Book Value 2.2M 1.8M 3.1M 5.1M
Working Capital -6.1M -5.2M -8.1M -500,744
Invested Capital 13.0M 12.4M 13.4M 14.4M
Total Debt 11.1M 10.7M 10.5M 9.7M
Net Debt 9.9M 10.1M 9.3M 7.2M
Share Issued 45.5M 17.2M 14.0M 14.0M
Ordinary Shares Number 45.5M 17.2M 14.0M 14.0M
Buildings And Improvements 2.1M 2.1M 2.1M 2.1M
Capital Lease Obligations 370,605 100,676 226,371 341,787
Current Capital Lease Obligation 64,557 95,457 125,693 115,416
Current Deferred Liabilities 675,402 738,892 745,351 598,426
Current Notes Payable 676,715 778,582 793,389 278,433
Duefrom Related Parties Current -- -- -- 0.00
Financial Assets Designatedas Fair Value Through Profitor Loss Total 500,000 0.00 -- --
Income Tax Payable -- 0.00 1,000 1,000
Interest Payable 367,775 261,419 138,493 58,493
Investmentin Financial Assets 500,000 0.00 -- --
Land And Improvements 5.6M 5.6M 5.6M 4.8M
Leases 274,701 16,441 16,441 5,661
Machinery Furniture Equipment 7.1M 7.1M 7.0M 6.6M
Non Current Prepaid Assets 306,476 250,000 10,000 50,000
Other Current Borrowings 4.9M 3.4M 7.0M 1.4M
Other Equity Interest -- 200,000 -- --
Other Payable 97,851 117,779 153,997 79,864
Other Properties 754,712 394,515 434,297 434,297
Other Receivables 103,032 39,247 791.00 --
Properties 0.00 0.00 0.00 0.00
Taxes Receivable 46,073 9,226 37,963 --
Total Tax Payable -- 0.00 1,000 1,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -201,862 -345,948 227,936 -497,456
Cash Flow From Continuing Operating Activities -201,862 -345,948 227,936 -497,456
Depreciation And Amortization 668,186 746,943 786,532 496,959
Depreciation Amortization Depletion 668,186 746,943 786,532 496,959
Stock Based Compensation 53,213 49,594 230,579 235,249
Deferred Tax -- -- 0.00 -94,935
Deferred Income Tax -- -- 0.00 -94,935
Change In Working Capital -28,730 -142,560 367,690 235,077
Changes In Account Receivables -- -- -89,062 85,259
Change In Receivables -9,225 -194,992 -89,062 88,826
Change In Inventory 4,133 547.00 -8,600 -5,774
Change In Payables And Accrued Expense 129,158 151,372 211,971 -246,135
Change In Payable 129,158 151,372 211,971 --
Change In Other Working Capital -63,490 -6,459 146,925 261,315
Other Non Cash Items 1.0M 1.1M 1.1M 2.0M
Capital Expenditure -239,711 -83,647 -1.2M -6.1M
Purchase Of PPE -239,711 -83,647 -- -6.1M
Net PPE Purchase And Sale -239,211 -82,647 0.00 -6.1M
Purchase Of Business -- -- -- 0.00
Purchase Of Investment -500,000 0.00 -- --
Sale Of Investment -- -- 0.00 643,385
Net Investment Purchase And Sale -500,000 0.00 0.00 643,385
Investing Cash Flow -739,211 -82,647 -1.2M -5.5M
Cash Flow From Continuing Investing Activities -739,211 -82,647 -1.2M -5.5M
Issuance Of Debt 0.00 4.0M 600,000 9.9M
Repayment Of Debt -360,130 -3.8M -407,240 -4.5M
Net Issuance Payments Of Debt -360,130 223,777 192,760 5.4M
Issuance Of Capital Stock 2.3M 400,000 0.00 2.0M
Net Common Stock Issuance 2.3M 400,000 0.00 2.0M
Financing Cash Flow 1.3M -97,787 -136,895 6.9M
Cash Flow From Continuing Financing Activities 1.3M -97,787 -136,895 6.9M
Changes In Cash 370,023 -526,382 -1.1M 981,943
Beginning Cash Position 456,100 982,482 2.1M 1.1M
End Cash Position 826,123 456,100 982,482 2.1M
Free Cash Flow -441,573 -429,595 -973,516 -6.6M
Income Tax Paid Supplemental Data 0.00 0.00 -- --
Interest Paid Supplemental Data 568,619 893,056 -- 270,273
Asset Impairment Charge 17,027 0.00 -- 0.00
Capital Expenditure Reported -- -83,647 -1.2M -6.1M
Cash Dividends Paid 0.00 0.00 0.00 0.00
Change In Account Payable 129,158 152,372 211,971 --
Change In Income Tax Payable 0.00 -1,000 0.00 --
Change In Prepaid Assets -89,306 -93,028 106,456 136,845
Change In Tax Payable 0.00 -1,000 0.00 --
Common Stock Issuance 2.3M 400,000 0.00 2.0M
Depreciation 668,186 746,943 786,532 496,959
Gain Loss On Sale Of PPE -156.00 16,994 0.00 -2,575
Interest Paid Cff -589,374 -911,504 -329,655 -270,273
Long Term Debt Issuance 0.00 4.0M 600,000 9.9M
Long Term Debt Payments -254,130 -3.8M -407,240 -4.5M
Net Business Purchase And Sale -- -- -- 0.00
Net Income From Continuing Operations -2.0M -2.1M -2.3M -3.4M
Net Long Term Debt Issuance -254,130 223,777 192,760 5.4M
Net Other Financing Charges -46,900 189,940 -- -225,131
Net Other Investing Changes -- -- -- 3,119
Net Short Term Debt Issuance -106,000 0.00 -- --
Operating Gains Losses 92,161 16,994 -16,325 -2,575
Proceeds From Stock Option Exercised -- -- 0.00 20,000
Provisionand Write Offof Assets -- -- -- 0.00
Sale Of PPE 500.00 1,000 0.00 --
Short Term Debt Payments -106,000 0.00 -- --
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