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Santacruz Silver Mining Ltd.

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 283.0M 251.3M 278.6M 53.3M
Operating Revenue 283.0M 251.3M 278.6M 53.3M
Cost Of Revenue 225.8M 248.0M 255.7M 44.8M
Gross Profit 57.2M 3.2M 22.9M 8.5M
Selling General And Administration 19.3M 21.0M 18.9M 15.3M
General And Administrative Expense 19.3M 21.0M 18.9M 15.3M
Other Operating Expenses 1.9M 1.0M 1.2M 1.3M
Operating Expense 26.3M 27.6M 24.1M 16.6M
Operating Income 30.9M -24.3M -1.2M -8.1M
EBIT 194.3M -5.2M -9.7M -5.0M
Interest Expense 2.2M 2.8M 4.3M 3.3M
Interest Expense Non Operating 2.2M 2.8M 4.3M 3.3M
Interest Income 3.4M 3.4M 947,000 274,000
Interest Income Non Operating 3.4M 3.4M 947,000 274,000
Net Interest Income -1.3M 2.4M 47,000 -3.2M
Other Income Expense 162.4M 14.0M -12.9M 3.1M
Special Income Charges 118.2M 9.3M -11.9M 849,000
Restructuring And Mergern Acquisition 15.1M 6.2M 7.4M 1.8M
Gain On Sale Of Security 44.2M 4.7M -924,000 2.2M
Pretax Income 192.0M -7.9M -14.0M -8.2M
Tax Provision 27.6M 3.1M 4.5M 3.3M
Tax Effect Of Unusual Items 23.3M 5.6M -3.4M 810,370
Net Income From Continuing And Discontinued Operation 164.5M -11.0M -18.5M -11.6M
Net Income From Continuing Operation Net Minority Interest 164.5M -11.0M -18.5M -11.6M
Net Income Including Noncontrolling Interests 164.5M -11.0M -18.5M -11.6M
Net Income Common Stockholders 164.5M -11.0M -18.5M -11.6M
Net Income 164.5M -11.0M -18.5M -11.6M
EBITDA 214.0M 20.8M 4.9M -815,000
Normalized EBITDA 51.6M 6.8M 17.8M -3.9M
Reconciled Depreciation 19.7M 26.0M 14.6M 4.1M
Basic EPS 1.84 -0.12 -0.20 -0.16
Diluted EPS 1.84 -0.12 -0.20 -0.16
Basic Average Shares 88.4M 87.5M 84.8M 77.0M
Diluted Average Shares 89.1M 88.1M 84.8M 77.0M
Total Unusual Items 162.4M 14.0M -12.9M 3.1M
Total Unusual Items Excluding Goodwill 162.4M 14.0M -12.9M 3.1M
Tax Rate For Calcs 0.14 0.40 0.26 0.27
Normalized Income 25.4M -19.4M -9.0M -13.8M
Diluted NI Availto Com Stockholders 164.5M -11.0M -18.5M -11.6M
Gain On Sale Of Ppe 0.00 14.6M 0.00 911,000
Impairment Of Capital Assets -- 0.00 4.5M 0.00
Net Income Continuous Operations 164.5M -11.0M -18.5M -11.6M
Net Non Operating Interest Income Expense -1.3M 2.4M 47,000 -3.2M
Other Gand A 7.2M 8.6M 9.6M 10.1M
Other Special Charges -133.3M -933,000 -- -1.7M
Other Taxes 5.1M 5.5M 3.9M --
Reconciled Cost Of Revenue 225.8M 248.0M 255.7M 44.8M
Salaries And Wages 12.1M 12.4M 9.3M 5.2M
Selling And Marketing Expense -- -- -- 1.8M
Total Expenses 252.1M 275.6M 279.8M 61.4M
Total Operating Income As Reported -- 7.9M 66,000 -6.8M
Total Other Finance Cost 2.5M -1.8M -3.4M 185,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 35.7M 4.9M 4.6M 938,000
Cash Cash Equivalents And Short Term Investments 35.7M 5.0M 7.4M 5.0M
Other Short Term Investments 0.00 60,000 2.8M 4.1M
Accounts Receivable 99.9M 66.8M 99.1M 13.3M
Receivables 99.9M 66.8M 99.1M 13.3M
Inventory 32.4M 33.3M 29.7M 1.3M
Prepaid Assets 5.7M 5.5M 5.9M 2.5M
Current Assets 173.7M 110.6M 145.9M 22.1M
Gross PPE 243.7M 192.8M 188.2M 53.6M
Accumulated Depreciation -99.0M -51.1M -33.9M -14.8M
Net PPE 144.7M 141.8M 159.5M 38.8M
Goodwill 15.5M 15.5M 21.9M 0.00
Goodwill And Other Intangible Assets 15.5M 15.5M 21.9M 0.00
Other Non Current Assets -- -- 53,000 53,000
Total Non Current Assets 200.4M 206.2M 202.0M 38.8M
Total Assets 374.0M 316.8M 348.0M 60.9M
Current Debt 218,000 17.0M 17.3M 4.8M
Current Debt And Capital Lease Obligation 16.4M 17.0M 17.3M 4.8M
Accounts Payable 32.3M 40.8M 59.9M 25.7M
Payables 87.8M 111.9M 168.6M 33.0M
Payables And Accrued Expenses 96.8M 126.9M 183.4M 36.9M
Current Accrued Expenses 9.0M 15.1M 14.8M 3.9M
Current Deferred Revenue -- 6.4M 5.7M 0.00
Other Current Liabilities 13.5M 14.4M 32.9M 175,000
Current Liabilities 127.4M 159.8M 233.6M 41.9M
Long Term Debt 3.1M 748,000 4.3M 7.2M
Long Term Debt And Capital Lease Obligation 3.1M 748,000 4.3M 7.2M
Long Term Capital Lease Obligation -- -- -- 167,000
Other Non Current Liabilities 22.5M 32.0M 19.9M 167,000
Total Non Current Liabilities Net Minority Interest 115.3M 190.8M 137.4M 16.3M
Total Liabilities Net Minority Interest 242.7M 350.5M 371.0M 58.2M
Common Stock 139.1M 138.0M 136.1M 129.5M
Capital Stock 139.1M 138.0M 136.1M 129.5M
Additional Paid In Capital -- -1.9M -1.9M -1.9M
Retained Earnings -16.0M -180.5M -169.5M -137.9M
Gains Losses Not Affecting Retained Earnings 8.3M 8.7M 10.3M -1.3M
Other Equity Adjustments 8.3M 8.7M 10.3M -1.3M
Common Stock Equity 131.3M -33.8M -23.0M 2.7M
Stockholders Equity 131.3M -33.8M -23.0M 2.7M
Total Equity Gross Minority Interest 131.3M -33.8M -23.0M 2.7M
Total Capitalization 134.5M -33.0M -18.8M 9.9M
Net Tangible Assets 115.9M -49.2M -45.0M 2.7M
Tangible Book Value 115.9M -49.2M -45.0M 2.7M
Working Capital 46.3M -49.2M -87.7M -19.8M
Invested Capital 134.7M -16.0M -1.5M 14.7M
Total Debt 19.6M 17.8M 21.6M 12.0M
Net Debt -- 12.8M 17.0M 11.1M
Share Issued 89.0M 87.7M 86.6M 82.6M
Ordinary Shares Number 89.0M 87.7M 86.6M 82.6M
Assets Held For Sale Current 0.00 0.00 3.8M 0.00
Buildings And Improvements -- -- -- 2.6M
Capital Lease Obligations -- -- -- 342,000
Current Capital Lease Obligation -- -- -- 175,000
Current Deferred Liabilities -- 6.4M 5.7M 0.00
Current Notes Payable -- 0.00 0.00 --
Current Provisions 639,000 1.4M -- --
Income Tax Payable 45.5M 21.4M 14.6M 7.3M
Line Of Credit -- 0.00 2.5M --
Long Term Provisions 25.0M 22.1M 20.6M 6.7M
Machinery Furniture Equipment 115.8M 111.1M -- 30.6M
Non Current Accounts Receivable 30.6M 41.8M 20.3M --
Non Current Deferred Assets 9.6M 7.2M 352,000 0.00
Non Current Deferred Liabilities 21.2M 19.2M 21.8M 2.2M
Non Current Deferred Revenue -- -- 3.4M 0.00
Non Current Deferred Taxes Assets 9.6M 7.2M 352,000 0.00
Non Current Deferred Taxes Liabilities 21.2M 19.2M 21.8M 2.2M
Non Current Prepaid Assets -- -- -- 0.00
Other Current Borrowings 218,000 202,000 15.5M 4.8M
Other Equity Interest -- 13.4M 13.9M 14.3M
Other Inventories 11.3M 13.1M 12.8M 548,000
Other Payable 10.0M 49.6M 94.2M --
Other Properties -- 132.0M 123.4M 35.0M
Other Receivables -- -- -- 678,000
Properties -- -- 57.0M 18.6M
Raw Materials 21.2M 20.2M 16.9M 723,000
Taxes Receivable -- -- -- 7.3M
Total Tax Payable 45.5M 21.4M 14.6M 7.3M
Tradeand Other Payables Non Current 43.4M 116.8M 70.8M 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 54.4M 29.6M 29.4M -1.5M
Cash Flow From Continuing Operating Activities 54.4M 29.6M 29.4M -1.5M
Depreciation And Amortization 15.8M 16.4M -- --
Depreciation Amortization Depletion 19.7M 26.0M 14.6M 4.1M
Stock Based Compensation 105,000 229,000 1.3M 3.4M
Deferred Tax 27.6M 3.1M 4.5M -382,000
Deferred Income Tax 27.6M 3.1M 4.5M -382,000
Change In Working Capital -41.3M -879,000 12.8M 3.1M
Change In Receivables -20.7M 11.4M -7.7M -5.6M
Change In Inventory 851,000 -3.6M 59.8M 154,000
Change In Payables And Accrued Expense -11.9M -20.9M -5.9M 10.0M
Change In Payable -11.9M -20.9M -5.9M --
Change In Other Working Capital -438,000 -528,000 -- --
Change In Other Current Liabilities -9.0M 12.4M -34.2M 0.00
Other Non Cash Items -115.1M 3.7M 8.8M 7.8M
Capital Expenditure -22.6M -22.1M -15.8M -23.6M
Purchase Of PPE -- -- -15.8M -23.6M
Net PPE Purchase And Sale 1.7M 0.00 1.8M -22.1M
Purchase Of Business -- 0.00 -2.1M 0.00
Sale Of Business -- 0.00 13.8M 0.00
Sale Of Investment 0.00 280,000 0.00 --
Net Investment Purchase And Sale 0.00 280,000 0.00 --
Investing Cash Flow -20.9M -23.6M -2.3M -21.1M
Cash Flow From Continuing Investing Activities -20.9M -23.6M -2.3M -21.1M
Issuance Of Debt 59.2M 32.1M 32.6M 17.9M
Repayment Of Debt -62.4M -38.9M -59.8M -7.7M
Net Issuance Payments Of Debt -3.2M -6.9M -27.2M 10.2M
Issuance Of Capital Stock -- -- 0.00 11.2M
Net Common Stock Issuance -- -- 0.00 11.2M
Financing Cash Flow -2.5M -5.7M -23.3M 22.9M
Cash Flow From Continuing Financing Activities -2.5M -5.7M -23.3M 22.9M
Effect Of Exchange Rate Changes -190,000 2,000 -6,000 178,000
Changes In Cash 31.0M 336,000 3.7M 330,000
Beginning Cash Position 4.9M 4.6M 938,000 430,000
End Cash Position 35.7M 4.9M 4.6M 938,000
Free Cash Flow 31.8M 7.5M 13.6M -25.1M
Income Tax Paid Supplemental Data 23.4M 6.1M 5.1M 0.00
Interest Paid Supplemental Data 1.4M 1.3M 1.5M 976,000
Asset Impairment Charge 0.00 22.6M 4.5M 0.00
Capital Expenditure Reported -22.6M -22.1M -15.8M --
Change In Account Payable -7.9M -15.3M -5.9M --
Change In Income Tax Payable -4.0M -5.7M 0.00 --
Change In Prepaid Assets -120,000 335,000 809,000 -1.4M
Change In Tax Payable -4.0M -5.7M 0.00 --
Common Stock Issuance -- -- 0.00 11.2M
Depletion 3.9M 9.6M -- --
Depreciation 15.8M 16.4M -- --
Gain Loss On Investment Securities -- 2.1M -- --
Gain Loss On Sale Of PPE -- -- 0.00 -911,000
Long Term Debt Issuance 59.2M 32.1M 32.6M 17.9M
Long Term Debt Payments -62.4M -38.9M -59.8M -7.7M
Net Business Purchase And Sale -- 0.00 11.7M 0.00
Net Foreign Currency Exchange Gain Loss -955,000 -1.6M -254,000 -5.0M
Net Income From Continuing Operations 164.5M -11.0M -18.5M -11.6M
Net Long Term Debt Issuance -3.2M -6.9M -27.2M 10.2M
Net Other Financing Charges -- -- -- -572,000
Net Other Investing Changes -- -1.7M -15.8M 1.0M
Operating Gains Losses -955,000 -14.2M -254,000 -5.9M
Other Cash Adjustment Outside Changein Cash -- 0.00 -15,000 0.00
Proceeds From Stock Option Exercised 641,000 1.2M 3.9M 2.1M
Sale Of PPE 1.7M 0.00 1.8M 1.5M
Unrealized Gain Loss On Investment Securities -- 2.1M 1.5M -2.1M
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