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Atlas Salt 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 42,451 12,908 3,393 1,402
Gross Profit -42,451 -12,908 -3,393 -1,402
Selling General And Administration 1.8M 3.6M 3.2M 1.8M
General And Administrative Expense 1.8M 1.9M 2.4M 1.1M
Other Operating Expenses 1.6M 1.5M 826,602 487,895
Operating Expense 3.4M 5.2M 4.0M 2.2M
Operating Income -3.5M -5.2M -4.0M -2.2M
EBIT -3.7M -4.8M -4.0M -2.2M
Interest Expense 1,881 0.00 -- --
Interest Expense Non Operating 1,881 0.00 -- --
Interest Income 400,161 568,662 151,873 20,517
Interest Income Non Operating 400,161 568,662 151,873 20,517
Net Interest Income 398,280 568,662 151,873 20,517
Other Income Expense -601,972 -222,450 1.4M 53,924
Other Non Operating Income Expenses -- -- 79,410 53,924
Special Income Charges 107,173 365,182 1.4M 0.00
Gain On Sale Of Security -- -- 739,049 --
Earnings From Equity Interest -709,145 -587,632 -62,166 0.00
Pretax Income -3.7M -4.8M -2.5M -2.2M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -3.7M -4.8M -2.5M -2.2M
Net Income From Continuing Operation Net Minority Interest -3.7M -4.8M -2.5M -2.2M
Net Income Including Noncontrolling Interests -3.7M -4.8M -2.5M -2.2M
Net Income Common Stockholders -3.7M -4.8M -2.5M -2.2M
Net Income -3.7M -4.8M -2.5M -2.2M
EBITDA -3.6M -4.8M -4.0M -2.2M
Normalized EBITDA -3.7M -5.2M -5.4M -2.2M
Reconciled Depreciation 42,451 12,908 3,393 1,402
Basic EPS -0.04 -0.05 -0.03 -0.03
Diluted EPS -0.04 -0.05 -0.03 -0.03
Basic Average Shares 95.7M 93.8M 82.8M 69.6M
Diluted Average Shares 95.7M 93.8M 82.8M 69.6M
Total Unusual Items 107,173 365,182 1.4M 0.00
Total Unusual Items Excluding Goodwill 107,173 365,182 1.4M 0.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -3.8M -5.2M -3.9M -2.2M
Diluted NI Availto Com Stockholders -3.7M -4.8M -2.5M -2.2M
Gain On Sale Of Business 107,173 365,182 1.1M 0.00
Gain On Sale Of Ppe -- 0.00 248,911 0.00
Net Income Continuous Operations -3.7M -4.8M -2.5M -2.2M
Net Non Operating Interest Income Expense 398,280 568,662 151,873 20,517
Other Gand A -- 336,586 433,881 93,818
Reconciled Cost Of Revenue 42,451 12,908 3,393 1,402
Salaries And Wages 1.8M 1.9M 2.0M 1.0M
Selling And Marketing Expense 32,751 1.8M 793,412 651,855
Total Expenses 3.5M 5.2M 4.0M 2.2M
Total Operating Income As Reported -- -5.2M -4.0M --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 8.0M 12.2M 9.3M 8.8M
Cash Cash Equivalents And Short Term Investments 8.0M 12.2M 9.3M 8.8M
Cash Financial 8.0M 12.2M -- 8.8M
Accounts Receivable 445,054 175,238 479,295 236,788
Receivables 445,054 175,238 479,295 236,788
Prepaid Assets 134,871 44,831 28,187 18,313
Current Assets 8.6M 12.4M 9.8M 9.1M
Gross PPE 12.6M 8.6M 4.6M --
Accumulated Depreciation -62,480 -20,028 -- --
Net PPE 12.5M 8.5M 4.6M 2.2M
Investments And Advances 811,142 1.4M 1.6M 0.00
Long Term Equity Investment 811,142 1.4M 1.6M 0.00
Total Non Current Assets 13.4M 10.0M 6.3M 2.2M
Total Assets 22.0M 22.4M 16.0M 11.3M
Current Debt And Capital Lease Obligation 30,499 -- -- --
Payables And Accrued Expenses 1.4M 354,114 1.1M 203,882
Other Current Liabilities 5,671 106,857 -- 79,410
Current Liabilities 1.5M 460,971 1.1M 283,292
Long Term Debt 89,640 -- -- --
Long Term Debt And Capital Lease Obligation 89,640 -- -- --
Total Non Current Liabilities Net Minority Interest 214,943 136,931 144,720 140,665
Total Liabilities Net Minority Interest 1.7M 597,902 1.2M 423,957
Common Stock 27.2M 25.6M 18.1M 11.8M
Capital Stock 27.2M 25.6M 18.1M 11.8M
Additional Paid In Capital 5.6M 5.0M 3.1M 1.5M
Retained Earnings -15.2M -11.5M -6.7M -3.7M
Common Stock Equity 20.3M 21.8M 14.8M 10.8M
Stockholders Equity 20.3M 21.8M 14.8M 10.8M
Total Equity Gross Minority Interest 20.3M 21.8M 14.8M 10.8M
Total Capitalization 20.4M 21.8M 14.8M 10.8M
Net Tangible Assets 20.3M 21.8M 14.8M 10.8M
Tangible Book Value 20.3M 21.8M 14.8M 10.8M
Working Capital 7.1M 12.0M 8.7M 8.8M
Invested Capital 20.4M 21.8M 14.8M 10.8M
Total Debt 120,139 -- -- --
Share Issued 97.0M 94.8M 87.6M 78.5M
Ordinary Shares Number 97.0M 94.8M 87.6M 78.5M
Buildings And Improvements 359,169 286,740 -- --
Capital Lease Obligations 20,139 -- -- --
Current Capital Lease Obligation 20,139 -- -- --
Investmentsin Associatesat Cost 811,142 1.4M 1.6M 0.00
Land And Improvements 373,118 71,685 -- --
Long Term Provisions 125,303 136,931 144,720 140,665
Machinery Furniture Equipment 89,191 47,692 6,011 --
Other Equity Interest 2.7M 2.7M 251,047 1.3M
Other Properties 11.8M 8.2M 4.6M --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -1.0M -3.5M -1.1M -1.1M
Cash Flow From Continuing Operating Activities -1.0M -3.5M -1.1M -1.1M
Depreciation And Amortization 42,451 12,908 3,393 1,402
Depreciation Amortization Depletion 42,451 12,908 3,393 1,402
Stock Based Compensation 1.4M 1.5M 1.1M 986,461
Change In Working Capital 632,588 -342,055 913,880 84,691
Changes In Account Receivables -269,817 304,057 116,607 -57,579
Change In Receivables -269,817 304,057 116,607 -57,579
Change In Payables And Accrued Expense 992,445 -629,468 886,557 74,489
Change In Other Working Capital -- -- -79,410 79,410
Other Non Cash Items 1,267 -- -670,000 --
Capital Expenditure -3.3M -3.7M -3.3M -901,412
Purchase Of PPE -3.3M -3.7M -3.3M -901,412
Net PPE Purchase And Sale -3.3M -3.3M -3.1M -546,527
Purchase Of Business -- 0.00 -354,000 0.00
Investing Cash Flow -3.3M -3.3M -3.5M -543,827
Cash Flow From Continuing Investing Activities -3.3M -3.3M -3.5M -543,827
Issuance Of Debt 100,000 0.00 -- --
Net Issuance Payments Of Debt 100,000 0.00 -- --
Issuance Of Capital Stock 0.00 10.0M 0.00 8.4M
Repurchase Of Capital Stock -78,183 -289,590 0.00 --
Net Common Stock Issuance -78,183 9.7M 0.00 8.4M
Common Stock Payments -78,183 -289,590 0.00 --
Financing Cash Flow 143,066 9.7M 5.0M 10.2M
Cash Flow From Continuing Financing Activities 143,067 9.7M 5.0M 10.2M
Changes In Cash -4.2M 2.9M 465,642 8.5M
Beginning Cash Position 12.2M 9.3M 8.8M 280,386
End Cash Position 8.0M 12.2M 9.3M 8.8M
Free Cash Flow -4.3M -7.2M -4.4M -2.0M
Change In Prepaid Assets -90,040 -16,644 -9,874 -11,629
Common Stock Issuance 0.00 10.0M 0.00 8.4M
Depreciation 42,451 12,908 3,393 1,402
Earnings Losses From Equity Investments 709,145 587,631 62,166 0.00
Gain Loss On Sale Of Business -107,173 -365,182 -1.1M 0.00
Gain Loss On Sale Of PPE -- 0.00 421,089 0.00
Long Term Debt Issuance 100,000 0.00 -- --
Net Business Purchase And Sale -- 0.00 -354,000 0.00
Net Income From Continuing Operations -3.7M -4.8M -2.5M -2.2M
Net Long Term Debt Issuance 100,000 0.00 -- --
Net Other Financing Charges -1.00 -777,893 -- -587,479
Net Other Investing Changes -15,024 -- -- 2,700
Operating Gains Losses 601,972 222,449 -665,414 --
Proceeds From Stock Option Exercised 121,250 791,962 5.0M 2.3M
Sale Of PPE 0.00 397,579 173,163 354,885
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