Southern Empire Resources Corp.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Oct 31, 2024 | FY 2023Oct 31, 2023 | FY 2022Oct 31, 2022 | FY 2021Oct 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 | 3,019 | 4,314 | 6,161 | 8,803 |
| Gross Profit | -3,019 | -4,314 | -6,161 | -8,803 |
| Selling General And Administration | 690,005 | 846,281 | 755,589 | 807,709 |
| General And Administrative Expense | 690,005 | 846,281 | 755,589 | 807,709 |
| Research And Development | -- | -- | -- | 88,669 |
| Depreciation And Amortization In Income Statement | -- | -- | 6,161 | 8,803 |
| Other Operating Expenses | 36,790 | 93,371 | 210,715 | 510,077 |
| Operating Expense | 726,795 | 939,652 | 966,304 | 1.3M |
| Operating Income | -729,814 | -943,966 | -972,465 | -1.3M |
| EBIT | -729,814 | -943,966 | -972,465 | -1.3M |
| Other Income Expense | -11.1M | -3.0M | 263,159 | -287,647 |
| Special Income Charges | -11.1M | -2.1M | 0.00 | -- |
| Gain On Sale Of Security | 10,611 | -928,094 | 263,159 | -287,647 |
| Pretax Income | -11.8M | -4.0M | -709,306 | -1.6M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -11.8M | -4.0M | -709,306 | -1.6M |
| Net Income From Continuing Operation Net Minority Interest | -11.8M | -4.0M | -709,306 | -1.6M |
| Net Income Including Noncontrolling Interests | -11.8M | -4.0M | -709,306 | -1.6M |
| Net Income Common Stockholders | -11.8M | -4.0M | -709,306 | -1.6M |
| Net Income | -11.8M | -4.0M | -709,306 | -1.6M |
| EBITDA | -726,795 | -939,652 | -966,304 | -1.3M |
| Normalized EBITDA | 10.4M | 2.1M | -1.2M | -1.0M |
| Reconciled Depreciation | 3,019 | 4,314 | 6,161 | 8,803 |
| Basic EPS | -0.18 | -0.06 | -0.01 | -0.03 |
| Diluted EPS | -0.18 | -0.06 | -0.01 | -0.03 |
| Basic Average Shares | 67.5M | 66.6M | 61.5M | 50.9M |
| Diluted Average Shares | 67.5M | 66.6M | 61.5M | 50.9M |
| Total Unusual Items | -11.1M | -3.0M | 263,159 | -287,647 |
| Total Unusual Items Excluding Goodwill | -11.1M | -3.0M | 263,159 | -287,647 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -729,814 | -943,966 | -972,465 | -1.3M |
| Amortization | -- | -- | 6,161 | 8,803 |
| Amortization Of Intangibles Income Statement | -- | -- | 6,161 | 8,803 |
| Depreciation Amortization Depletion Income Statement | -- | -- | 6,161 | 8,803 |
| Diluted NI Availto Com Stockholders | -11.8M | -4.0M | -709,306 | -1.6M |
| Impairment Of Capital Assets | 11.1M | 2.1M | 0.00 | -- |
| Net Income Continuous Operations | -11.8M | -4.0M | -709,306 | -1.6M |
| Other Gand A | 690,005 | 728,667 | 684,711 | 626,414 |
| Reconciled Cost Of Revenue | 3,019 | 4,314 | 6,161 | 8,803 |
| Salaries And Wages | 0.00 | 117,614 | 70,878 | 181,295 |
| Total Expenses | 729,814 | 943,966 | 972,465 | 1.3M |
| Line Item | FY 2024Oct 31, 2024 | FY 2023Oct 31, 2023 | FY 2022Oct 31, 2022 | FY 2021Oct 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 17,588 | 48,551 | 43,605 | 29,320 |
| Cash Cash Equivalents And Short Term Investments | 23,683 | 244,206 | 3.0M | 4.1M |
| Cash Financial | 17,588 | 48,551 | 43,605 | 29,320 |
| Other Short Term Investments | 6,095 | 195,655 | 2.9M | 4.0M |
| Accounts Receivable | 21,652 | 85,820 | 55,548 | 17,710 |
| Receivables | 21,652 | 85,820 | 55,548 | 17,710 |
| Prepaid Assets | 251.00 | 42,272 | 37,536 | 77,728 |
| Current Assets | 45,586 | 372,298 | 3.1M | 4.1M |
| Gross PPE | 1.2M | 11.8M | 12.5M | 10.7M |
| Accumulated Depreciation | -26,489 | -23,470 | -19,156 | -12,995 |
| Net PPE | 1.1M | 11.8M | 12.5M | 10.6M |
| Other Non Current Assets | 87,459 | 87,459 | 87,459 | 87,459 |
| Total Non Current Assets | 1.2M | 11.9M | 12.5M | 10.7M |
| Total Assets | 1.3M | 12.3M | 15.6M | 14.9M |
| Payables And Accrued Expenses | 1.6M | 850,033 | 520,653 | 576,280 |
| Current Liabilities | 1.6M | 850,033 | 520,653 | 576,280 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 1.6M | 850,033 | 520,653 | 576,280 |
| Common Stock | 16.5M | 16.5M | 16.3M | 14.9M |
| Capital Stock | 16.5M | 16.5M | 16.3M | 14.9M |
| Additional Paid In Capital | 1.3M | 1.3M | 1.2M | 1.1M |
| Retained Earnings | -18.2M | -6.3M | -2.4M | -1.7M |
| Common Stock Equity | -383,862 | 11.4M | 15.1M | 14.3M |
| Stockholders Equity | -383,862 | 11.4M | 15.1M | 14.3M |
| Total Equity Gross Minority Interest | -383,862 | 11.4M | 15.1M | 14.3M |
| Total Capitalization | -383,862 | 11.4M | 15.1M | 14.3M |
| Net Tangible Assets | -383,862 | 11.4M | 15.1M | 14.3M |
| Tangible Book Value | -383,862 | 11.4M | 15.1M | 14.3M |
| Working Capital | -1.6M | -477,735 | 2.5M | 3.6M |
| Invested Capital | -383,862 | 11.4M | 15.1M | 14.3M |
| Share Issued | 67.6M | 67.0M | 65.3M | 50.9M |
| Ordinary Shares Number | 67.6M | 67.0M | 65.3M | 50.9M |
| Machinery Furniture Equipment | 33,534 | 33,534 | 33,534 | 33,534 |
| Other Properties | 1.1M | 11.8M | 12.4M | 10.6M |
| Line Item | FY 2024Oct 31, 2024 | FY 2023Oct 31, 2023 | FY 2022Oct 31, 2022 | FY 2021Oct 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -172,079 | -519,824 | -842,673 | -785,370 |
| Cash Flow From Continuing Operating Activities | -172,079 | -519,824 | -842,673 | -785,370 |
| Depreciation And Amortization | 3,019 | 4,314 | 6,161 | 8,803 |
| Depreciation Amortization Depletion | 3,019 | 4,314 | 6,161 | 8,803 |
| Stock Based Compensation | 0.00 | 117,614 | 70,878 | 181,295 |
| Change In Working Capital | 549,716 | 302,214 | 52,753 | 351,121 |
| Changes In Account Receivables | 101,189 | -35,008 | 2,354 | 226,658 |
| Change In Receivables | 101,189 | -35,008 | 2,354 | 226,658 |
| Change In Payables And Accrued Expense | 448,527 | 337,222 | 50,399 | 124,463 |
| Capital Expenditure | -59,055 | -1.3M | -1.7M | -1.8M |
| Purchase Of PPE | -59,055 | -1.3M | -1.7M | -1.8M |
| Net PPE Purchase And Sale | -59,055 | -1.3M | -1.7M | -1.8M |
| Purchase Of Investment | -- | -- | 0.00 | -1.4M |
| Sale Of Investment | 200,171 | 1.8M | 1.4M | 262,641 |
| Net Investment Purchase And Sale | 200,171 | 1.8M | 1.4M | -1.1M |
| Investing Cash Flow | 141,116 | 524,770 | -384,232 | -2.9M |
| Cash Flow From Continuing Investing Activities | 141,116 | 524,770 | -384,232 | -2.9M |
| Issuance Of Capital Stock | -- | 0.00 | 984,655 | 0.00 |
| Net Common Stock Issuance | -- | 0.00 | 984,655 | 0.00 |
| Financing Cash Flow | -- | 0.00 | 1.2M | 0.00 |
| Cash Flow From Continuing Financing Activities | -- | 0.00 | 1.2M | 0.00 |
| Changes In Cash | -30,963 | 4,946 | 14,285 | -3.6M |
| Beginning Cash Position | 48,551 | 43,605 | 29,320 | 3.7M |
| End Cash Position | 17,588 | 48,551 | 43,605 | 29,320 |
| Free Cash Flow | -231,134 | -1.8M | -2.6M | -2.5M |
| Amortization Cash Flow | -- | -- | 6,161 | 8,803 |
| Amortization Of Intangibles | -- | -- | 6,161 | 8,803 |
| Asset Impairment Charge | 11.1M | 2.1M | -- | -- |
| Common Stock Issuance | -- | 0.00 | 984,655 | 0.00 |
| Depreciation | 3,019 | 4,314 | 6,161 | -- |
| Gain Loss On Investment Securities | -20,696 | -650,598 | -703,096 | -120,261 |
| Net Income From Continuing Operations | -11.8M | -4.0M | -709,306 | -1.6M |
| Operating Gains Losses | -20,696 | -650,598 | -703,096 | -120,261 |
| Proceeds From Stock Option Exercised | -- | 0.00 | 256,535 | 0.00 |
| Unrealized Gain Loss On Investment Securities | 10,085 | 1.6M | 439,937 | 407,908 |