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Spanish Mountain Gold 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
Cost Of Revenue 75,203 76,351 72,158 83,724
Gross Profit -75,203 -76,351 -72,158 -83,724
Selling General And Administration 2.4M 2.3M 1.1M 1.0M
General And Administrative Expense 2.4M 2.3M 1.1M 1.0M
Other Operating Expenses 405,791 98,461 55,712 146,070
Operating Expense 2.8M 2.4M 1.1M 1.1M
Operating Income -2.9M -2.5M -1.2M -1.2M
EBIT -2.4M -2.3M -1.0M -1.1M
Interest Expense 33,280 15,988 9,059 4,509
Interest Expense Non Operating 33,280 15,988 9,059 4,509
Interest Income 102,777 151,666 90,998 89,857
Interest Income Non Operating 102,777 151,666 90,998 89,857
Net Interest Income 69,497 135,678 81,939 85,348
Other Income Expense 322,145 10,000 88,571 --
Other Non Operating Income Expenses 267,197 10,000 -- --
Special Income Charges 54,948 0.00 88,571 0.00
Write Off -- 0.00 -88,571 0.00
Pretax Income -2.5M -2.3M -1.0M -1.1M
Tax Provision 0.00 -204,887 -167,818 -180,662
Tax Effect Of Unusual Items 0.00 0.00 14,234 0.00
Net Income From Continuing And Discontinued Operation -2.5M -2.1M -876,462 -965,432
Net Income From Continuing Operation Net Minority Interest -2.5M -2.1M -876,462 -965,432
Net Income Including Noncontrolling Interests -2.5M -2.1M -876,462 -965,432
Net Income Common Stockholders -2.5M -2.1M -876,462 -965,432
Net Income -2.5M -2.1M -876,462 -965,432
EBITDA -2.4M -2.3M -963,063 -1.1M
Normalized EBITDA -2.4M -2.3M -1.1M -1.1M
Reconciled Depreciation 75,203 76,351 72,158 83,724
Basic EPS -0.01 -0.01 -0.00 -0.00
Diluted EPS -0.01 -0.01 -0.00 -0.00
Basic Average Shares 389.6M 361.5M 338.2M 330.4M
Diluted Average Shares 389.6M 361.5M 338.2M 330.4M
Total Unusual Items 54,948 0.00 88,571 0.00
Total Unusual Items Excluding Goodwill 54,948 0.00 88,571 0.00
Tax Rate For Calcs 0.00 0.09 0.16 0.16
Normalized Income -2.5M -2.1M -950,799 -965,432
Diluted NI Availto Com Stockholders -2.5M -2.1M -876,462 -965,432
Net Income Continuous Operations -2.5M -2.1M -876,462 -965,432
Net Non Operating Interest Income Expense 69,497 135,678 81,939 85,348
Other Gand A 1.2M 1.5M 281,717 228,972
Other Special Charges -54,948 -- -- --
Provision For Doubtful Accounts -- -- -- 0.00
Reconciled Cost Of Revenue 75,203 76,351 72,158 83,724
Salaries And Wages 1.2M 857,973 805,203 772,676
Total Expenses 2.9M 2.5M 1.2M 1.2M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 6.9M 3.4M 2.8M 6.7M
Cash Cash Equivalents And Short Term Investments 6.9M 3.4M 3.1M 6.9M
Cash Equivalents 435,036 3.3M 2.5M 4.3M
Cash Financial 6.4M 108,020 275,677 2.4M
Other Short Term Investments -- 0.00 250,000 250,000
Accounts Receivable -- -- 0.00 251,729
Receivables 136,838 63,572 52,712 211,470
Prepaid Assets 193,371 127,689 36,417 114,592
Current Assets 7.2M 3.6M 3.2M 7.3M
Gross PPE 100.5M 94.6M 91.9M 87.3M
Accumulated Depreciation -1.2M -1.1M -958,784 -1.1M
Net PPE 99.3M 93.6M 90.9M 86.2M
Other Non Current Assets 91,000 91,000 91,000 91,000
Total Non Current Assets 99.4M 93.7M 91.0M 86.3M
Total Assets 106.6M 97.3M 94.2M 93.5M
Current Debt -- -- 40,000 40,000
Current Debt And Capital Lease Obligation 65,307 59,885 86,166 39,788
Accounts Payable 633,768 377,719 -- --
Payables 713,923 389,755 -- --
Payables And Accrued Expenses 812,594 404,755 1.2M 1.4M
Current Accrued Expenses 98,671 15,000 -- --
Other Current Liabilities -- -- -- 18,000
Current Liabilities 877,901 464,640 1.2M 1.4M
Long Term Debt -- -- -- 40,000
Long Term Debt And Capital Lease Obligation 165,653 230,960 290,845 40,000
Long Term Capital Lease Obligation 165,653 230,960 290,845 0.00
Other Non Current Liabilities 558,646 -- -- --
Total Non Current Liabilities Net Minority Interest 724,299 230,960 495,732 412,705
Total Liabilities Net Minority Interest 1.6M 695,600 1.7M 1.8M
Common Stock 121.7M 112.6M 106.3M 105.1M
Capital Stock 121.7M 112.6M 106.3M 105.1M
Retained Earnings -19.0M -16.7M -15.2M -14.4M
Gains Losses Not Affecting Retained Earnings 2.3M 592,621 1.3M --
Common Stock Equity 105.0M 96.6M 92.4M 91.7M
Stockholders Equity 105.0M 96.6M 92.4M 91.7M
Total Equity Gross Minority Interest 105.0M 96.6M 92.4M 91.7M
Total Capitalization 105.0M 96.6M 92.4M 91.7M
Net Tangible Assets 105.0M 96.6M 92.4M 91.7M
Tangible Book Value 105.0M 96.6M 92.4M 91.7M
Working Capital 6.3M 3.1M 1.9M 5.9M
Invested Capital 105.0M 96.6M 92.5M 91.7M
Total Debt 230,960 290,845 377,011 79,788
Share Issued 444.7M 372.9M 341.8M 334.0M
Ordinary Shares Number 444.7M 372.9M 341.8M 334.0M
Accrued Interest Receivable -- 86,721 9,243 5,486
Buildings And Improvements 1.1M 1.1M 1.1M 1.1M
Capital Lease Obligations 230,960 290,845 337,011 39,788
Current Capital Lease Obligation 65,307 59,885 46,166 39,788
Land And Improvements 127,441 127,441 127,441 127,441
Machinery Furniture Equipment 546,985 544,562 529,261 491,349
Non Current Deferred Liabilities -- 0.00 204,887 372,705
Non Current Deferred Revenue -- -- -- 0.00
Non Current Deferred Taxes Liabilities -- 0.00 204,887 372,705
Non Current Prepaid Assets 10,444 10,444 10,444 0.00
Other Current Borrowings -- -- 40,000 40,000
Other Equity Interest -- -- 1.3M 1.0M
Other Payable 80,155 12,036 -- --
Other Properties 98.7M 92.9M 90.1M 85.6M
Receivables Adjustments Allowances -- -- 0.00 -239,742
Taxes Receivable 136,838 63,572 43,469 193,997
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -1.8M -2.2M -464,791 -465,757
Cash Flow From Continuing Operating Activities -1.8M -2.2M -464,791 -465,757
Depreciation And Amortization 75,203 76,351 72,158 83,724
Depreciation Amortization Depletion 75,203 76,351 72,158 83,724
Stock Based Compensation 488,210 111,355 305,460 380,654
Deferred Tax 0.00 -204,887 -167,818 -180,662
Deferred Income Tax 0.00 -204,887 -167,818 -180,662
Change In Working Capital 396,665 -37,676 192,767 211,450
Changes In Account Receivables -- -97,581 158,758 81,135
Change In Receivables -73,266 -10,860 158,758 81,135
Change In Payables And Accrued Expense 535,613 64,456 -15,722 -62,121
Change In Other Working Capital -- -- -18,000 --
Other Non Cash Items -201,081 5,988 9,059 4,509
Capital Expenditure -5.5M -3.5M -4.5M -6.1M
Purchase Of PPE -- -- -23,874 -63,895
Net PPE Purchase And Sale -- -- -23,874 -63,895
Sale Of Investment 0.00 250,000 0.00 --
Net Investment Purchase And Sale 0.00 250,000 0.00 9.4M
Investing Cash Flow -5.5M -3.3M -4.5M 4.5M
Cash Flow From Continuing Investing Activities -5.5M -3.3M -4.5M 4.5M
Issuance Of Debt -- -- -- 0.00
Repayment Of Debt -73,089 -92,154 -58,128 -96,689
Net Issuance Payments Of Debt -73,089 -92,154 -58,128 -96,689
Issuance Of Capital Stock 11.8M 6.0M 1.1M 820,500
Net Common Stock Issuance 11.8M 6.0M 1.1M 820,500
Financing Cash Flow 10.8M 6.1M 1.1M 723,811
Cash Flow From Continuing Financing Activities 10.8M 6.1M 1.1M 723,811
Changes In Cash 3.5M 577,738 -3.9M 4.8M
Beginning Cash Position 3.4M 2.8M 6.7M 1.9M
End Cash Position 6.9M 3.4M 2.8M 6.7M
Free Cash Flow -7.3M -5.7M -5.0M -6.6M
Interest Paid Supplemental Data 20,076 0.00 -- --
Capital Expenditure Reported -5.5M -3.5M -4.5M -6.1M
Change In Prepaid Assets -65,682 -91,272 49,731 192,436
Common Stock Issuance 11.8M 6.0M 1.1M 820,500
Depreciation 75,203 76,351 72,158 83,724
Gain Loss On Sale Of PPE -- 0.00 45.00 0.00
Long Term Debt Issuance -- -- -- 0.00
Long Term Debt Payments -73,089 -62,154 -58,128 -96,689
Net Income From Continuing Operations -2.5M -2.1M -876,462 -965,432
Net Long Term Debt Issuance -73,089 -62,154 -58,128 -96,689
Net Other Financing Charges -963,448 -90,231 -- --
Net Other Investing Changes -- -- -- 1.3M
Net Short Term Debt Issuance 0.00 -30,000 0.00 --
Operating Gains Losses -54,948 -- 45.00 --
Proceeds From Stock Option Exercised 16,000 239,000 0.00 0.00
Provisionand Write Offof Assets -- -- -- 0.00
Short Term Debt Payments 0.00 -30,000 0.00 --
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