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Strategic Metals 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 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Selling General And Administration 1.5M 1.9M 1.9M 1.9M
General And Administrative Expense 1.5M 1.9M 1.9M 1.9M
Research And Development -- -- -- 0.00
Other Operating Expenses 245,562 289,274 415,294 342,205
Operating Expense 1.8M 2.2M 2.3M 2.3M
Operating Income -1.8M -2.2M -2.3M -2.3M
EBIT -1.8M -2.2M -2.3M -2.3M
Interest Expense -- -- -- 0.00
Interest Expense Non Operating -- -- -- 0.00
Interest Income 72,750 127,269 100,890 8,156
Interest Income Non Operating 72,750 127,269 100,890 8,156
Net Interest Income 72,750 127,269 100,890 8,156
Other Income Expense -2.3M -1.6M -3.8M -3.4M
Other Non Operating Income Expenses 18,867 12,550 319,164 1,047
Special Income Charges -2.2M 157,241 -1.5M 4.1M
Write Off 938,318 0.00 1.00 0.00
Gain On Sale Of Security 114,245 -1.6M -2.4M -6.3M
Earnings From Equity Interest -196,811 -229,316 -170,002 -1.1M
Pretax Income -4.0M -3.7M -5.9M -5.7M
Tax Provision -627,148 -670,843 -1.0M -627,319
Tax Effect Of Unusual Items -333,057 -254,495 -679,100 -250,328
Net Income From Continuing And Discontinued Operation -3.0M -2.4M -3.1M -4.5M
Net Income From Continuing Operation Net Minority Interest -3.0M -2.4M -3.1M -4.5M
Net Income Including Noncontrolling Interests -3.3M -3.0M -4.9M -5.0M
Minority Interests 336,925 608,313 1.8M 505,411
Net Income Common Stockholders -3.0M -2.4M -3.1M -4.5M
Net Income -3.0M -2.4M -3.1M -4.5M
EBITDA -1.8M -2.2M -2.3M -2.3M
Normalized EBITDA 352,106 -805,831 1.6M -6,477
Reconciled Depreciation -- 0.00 2,117 3,513
Basic EPS -0.03 -0.02 -0.03 -0.04
Diluted EPS -0.03 -0.02 -0.03 -0.04
Basic Average Shares 111.0M 111.0M 109.8M 107.4M
Diluted Average Shares 111.0M 111.0M 109.8M 107.4M
Total Unusual Items -2.1M -1.4M -3.9M -2.3M
Total Unusual Items Excluding Goodwill -2.1M -1.4M -3.9M -2.3M
Tax Rate For Calcs 0.16 0.18 0.17 0.11
Normalized Income -1.2M -1.3M 104,069 -2.5M
Diluted NI Availto Com Stockholders -3.0M -2.4M -3.1M -4.5M
Gain On Sale Of Business 43,630 193,363 1.1M 1.3M
Gain On Sale Of Ppe -- -- 0.00 3.3M
Impairment Of Capital Assets 1.3M 36,122 2.6M 551,242
Insurance And Claims 115,616 118,783 105,152 78,332
Net Income Continuous Operations -3.3M -3.0M -4.9M -5.0M
Net Non Operating Interest Income Expense 72,750 127,269 100,890 8,156
Other Gand A 948,545 1.1M 1.1M 1.2M
Rent And Landing Fees 90,000 90,000 90,000 90,000
Rent Expense Supplemental 90,000 90,000 90,000 90,000
Salaries And Wages 358,618 659,227 543,194 610,450
Total Expenses 1.8M 2.2M 2.3M 2.3M
Total Operating Income As Reported -1.7M -2.2M -2.2M -2.2M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 2.0M 3.4M 7.3M 8.5M
Cash Cash Equivalents And Short Term Investments 4.8M 7.2M 12.6M 16.6M
Cash Equivalents 1.1M 2.4M 3.3M 1.9M
Cash Financial 863,406 1.0M 4.0M 6.6M
Other Short Term Investments 2.8M 3.8M 5.4M 8.0M
Accounts Receivable 38,733 22,242 15,577 107,181
Receivables 523,662 54,010 156,453 211,888
Prepaid Assets 77,182 92,782 137,007 110,410
Current Assets 5.4M 7.3M 12.9M 16.9M
Gross PPE -- -- 76.7M 72.5M
Accumulated Depreciation -- -- 0.00 -390,004
Net PPE 79.3M 79.4M 76.7M 72.1M
Investments And Advances 6.0M 6.3M 6.4M 5.0M
Long Term Equity Investment 1.00 1.1M 1.1M 4.0M
Other Investments 1.0M 1.0M 1.0M 1.0M
Other Non Current Assets 124,607 123,834 124,098 130,124
Total Non Current Assets 85.4M 85.9M 83.3M 77.2M
Total Assets 90.8M 93.2M 96.2M 94.1M
Current Debt And Capital Lease Obligation -- 60,000 -- --
Accounts Payable 182,977 231,656 638,812 255,885
Payables 309,105 381,963 878,938 555,985
Payables And Accrued Expenses 309,105 381,963 878,938 555,985
Other Current Liabilities -- -- 349,349 96,656
Current Liabilities 309,105 441,963 1.2M 652,641
Long Term Debt -- -- 60,000 60,000
Long Term Debt And Capital Lease Obligation -- -- 60,000 60,000
Total Non Current Liabilities Net Minority Interest 5.1M 5.7M 6.2M 6.4M
Total Liabilities Net Minority Interest 5.4M 6.2M 7.4M 7.0M
Common Stock 55.9M 55.9M 55.9M 54.9M
Capital Stock 55.9M 55.9M 55.9M 54.9M
Additional Paid In Capital -- -- 2.7M 2.9M
Retained Earnings -16.0M -12.6M -10.0M -4.5M
Gains Losses Not Affecting Retained Earnings 2.7M 3.0M 2.7M --
Common Stock Equity 42.6M 46.3M 48.6M 53.3M
Stockholders Equity 42.6M 46.3M 48.6M 53.3M
Total Equity Gross Minority Interest 85.4M 87.0M 88.8M 87.0M
Minority Interest 42.8M 40.8M 40.2M 33.8M
Total Capitalization 42.6M 46.3M 48.6M 53.3M
Net Tangible Assets 42.6M 46.3M 48.6M 53.3M
Tangible Book Value 42.6M 46.3M 48.6M 53.3M
Working Capital 5.1M 6.9M 11.7M 16.2M
Invested Capital 42.6M 46.3M 48.6M 53.3M
Total Debt -- 60,000 60,000 60,000
Share Issued 111.0M 111.0M 111.0M 107.8M
Ordinary Shares Number 111.0M 111.0M 111.0M 107.8M
Available For Sale Securities 5.0M 4.2M 4.3M --
Dueto Related Parties Current 126,128 150,307 240,126 300,100
Investmentin Financial Assets 5.0M 4.2M 4.3M 0.00
Investmentsin Associatesat Cost 1.00 1.1M 1.1M 4.0M
Machinery Furniture Equipment -- -- -- 404,119
Non Current Deferred Liabilities 5.1M 5.7M 6.1M 6.3M
Non Current Deferred Taxes Liabilities 5.1M 5.7M 6.1M 6.3M
Non Current Prepaid Assets 57,290 96,448 67,540 3,920
Other Equity Interest 2.7M 3.0M 2.7M --
Other Properties -- -- 76.7M 72.5M
Other Receivables 470,657 2,807 80,198 86.00
Taxes Receivable 14,272 28,961 60,678 104,621
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -1.4M -1.4M -1.8M -1.5M
Cash Flow From Continuing Operating Activities -1.4M -1.4M -1.8M -1.5M
Depreciation And Amortization -- 0.00 2,117 3,513
Depreciation Amortization Depletion -- 0.00 2,117 3,513
Stock Based Compensation 358,618 659,227 543,194 610,450
Deferred Tax -627,148 -670,843 -1.0M -627,319
Deferred Income Tax -627,148 -670,843 -1.0M -627,319
Change In Working Capital 45,724 102,362 -169,326 160,516
Change In Receivables 20,622 118,843 -80,012 156,031
Change In Payables And Accrued Expense 25,102 -16,481 -89,314 4,485
Change In Payable 25,102 -16,481 -89,314 4,485
Other Non Cash Items -92,750 -127,269 -100,890 -8,156
Capital Expenditure -304,720 -414,553 -463,391 -485,501
Purchase Of PPE -304,720 -414,553 -463,391 -485,501
Net PPE Purchase And Sale -136,720 -52,053 -240,891 -385,501
Purchase Of Business -200,000 -267,000 -1.5M -288,222
Purchase Of Investment -- 0.00 -120,350 -355,885
Sale Of Investment 486,433 181,491 187,750 586,246
Net Investment Purchase And Sale 486,433 181,491 67,400 230,361
Investing Cash Flow -1.1M -3.3M -8.2M -8.4M
Cash Flow From Continuing Investing Activities -1.1M -3.3M -8.2M -8.4M
Issuance Of Debt -- -- 0.00 20,000
Repayment Of Debt -40,000 0.00 -- --
Net Issuance Payments Of Debt -40,000 0.00 0.00 20,000
Issuance Of Capital Stock 1.1M 900,000 9.0M 2.2M
Net Common Stock Issuance 1.1M 900,000 9.0M 2.2M
Financing Cash Flow 1.1M 894,640 8.8M 2.2M
Cash Flow From Continuing Financing Activities 1.1M 894,640 8.8M 2.2M
Changes In Cash -1.4M -3.9M -1.3M -7.7M
Beginning Cash Position 3.4M 7.3M 8.5M 16.2M
End Cash Position 2.0M 3.4M 7.3M 8.5M
Free Cash Flow -1.7M -1.9M -2.3M -2.0M
Asset Impairment Charge 2.3M 36,122 2.6M 551,242
Change In Account Payable 25,102 -16,481 -89,314 4,485
Common Stock Issuance 1.1M 900,000 9.0M 2.2M
Depreciation -- 0.00 2,117 3,513
Earnings Losses From Equity Investments 196,811 229,316 170,002 1.1M
Gain Loss On Investment Securities 4.9M 431,943 846,802 847,041
Gain Loss On Sale Of Business -43,630 -193,363 -1.1M -1.3M
Gain Loss On Sale Of PPE -- -- 0.00 -3.3M
Interest Received Cfi 72,750 127,269 100,890 8,156
Long Term Debt Issuance -- -- 0.00 20,000
Net Business Purchase And Sale -200,000 -267,000 -1.5M -288,222
Net Foreign Currency Exchange Gain Loss -- 0.00 -253,000 0.00
Net Income From Continuing Operations -3.3M -3.0M -4.9M -5.0M
Net Long Term Debt Issuance -- -- 0.00 20,000
Net Other Financing Charges -37,275 -5,360 -206,225 -18,750
Net Other Investing Changes -1.3M -3.3M -6.6M -8.0M
Net Short Term Debt Issuance -40,000 0.00 -- --
Operating Gains Losses 5.0M 467,896 -347,483 -2.6M
Sale Of PPE 168,000 362,500 222,500 100,000
Short Term Debt Payments -40,000 0.00 -- --
Unrealized Gain Loss On Investment Securities -5.0M 1.1M 1.6M 5.5M
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