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SPC Nickel Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024
Total Revenue 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Cost Of Revenue 9,037 9,665 9,665 9,620 9,642
Gross Profit -9,037 -9,665 -9,665 -9,620 -9,642
Selling General And Administration 162,888 108,088 69,507 65,859 97,319
General And Administrative Expense 102,514 89,209 52,354 47,759 54,450
Other Operating Expenses 535,339 1.8M 491,443 254,867 379,348
Operating Expense 698,227 1.9M 560,950 320,726 476,667
Operating Income -707,264 -1.9M -570,615 -330,346 -486,309
EBIT -707,264 -1.9M -570,615 -330,346 -486,309
Interest Income 42,497 60,404 22,323 12,831 20,232
Interest Income Non Operating 42,497 60,404 22,323 12,831 20,232
Net Interest Income 42,497 60,404 22,323 12,831 20,232
Other Income Expense -- 2,888 34,549 12,021 70,696
Other Non Operating Income Expenses -- 2,888 34,549 12,021 70,696
Pretax Income -664,767 -1.8M -513,743 -305,494 -395,381
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -664,767 -1.8M -513,743 -305,494 -395,381
Net Income From Continuing Operation Net Minority Interest -664,767 -1.8M -513,743 -305,494 -395,381
Net Income Including Noncontrolling Interests -664,767 -1.8M -513,743 -305,494 -395,381
Net Income Common Stockholders -664,767 -1.8M -513,743 -305,494 -395,381
Net Income -664,767 -1.8M -513,743 -305,494 -395,381
EBITDA -698,227 -1.9M -560,950 -320,726 -476,667
Normalized EBITDA -698,227 -1.9M -560,950 -320,726 -476,667
Reconciled Depreciation 9,037 9,665 9,665 9,620 9,642
Basic EPS -0.00 -- -0.00 0.00 -0.00
Diluted EPS -0.00 -- -0.00 0.00 -0.00
Basic Average Shares 368.1M -- 213.3M 212.5M 192.3M
Diluted Average Shares 368.1M -- 213.3M 212.5M 192.3M
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -664,767 -1.8M -513,743 -305,494 -395,381
Diluted NI Availto Com Stockholders -664,767 -1.8M -513,743 -305,494 -395,381
Net Income Continuous Operations -664,767 -1.8M -513,743 -305,494 -395,381
Net Non Operating Interest Income Expense 42,497 60,404 22,323 12,831 20,232
Other Gand A 32,014 60,044 52,354 47,759 54,450
Reconciled Cost Of Revenue 9,037 9,665 9,665 9,620 9,642
Salaries And Wages 70,500 29,165 0.00 0.00 0.00
Selling And Marketing Expense 60,374 18,879 17,153 18,100 42,869
Total Expenses 707,264 1.9M 570,615 330,346 486,309
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024
Cash And Cash Equivalents 1.6M 2.8M 569,367 1.2M 1.5M
Cash Cash Equivalents And Short Term Investments 1.6M 2.8M 569,367 1.2M 1.5M
Cash Financial -- -- 569,367 1.2M 1.5M
Accounts Receivable 2,671 19,670 14,169 3,892 5,628
Receivables 105,249 180,635 24,168 12,347 28,968
Prepaid Assets 33,796 48,967 48,150 42,645 41,384
Current Assets 1.9M 3.1M 747,226 1.3M 1.7M
Gross PPE 28,270 110,731 46,972 56,637 66,257
Accumulated Depreciation -- -73,424 -- -- --
Net PPE 28,270 37,307 46,972 56,637 66,257
Total Non Current Assets 28,270 37,307 46,972 56,637 66,257
Total Assets 1.9M 3.2M 794,198 1.4M 1.7M
Current Debt And Capital Lease Obligation 9,894 19,548 28,964 38,149 36,784
Payables And Accrued Expenses 297,527 967,550 135,414 176,709 220,396
Other Current Liabilities -- -- 2,888 37,437 49,458
Current Liabilities 307,421 987,098 167,266 252,295 306,638
Long Term Debt And Capital Lease Obligation -- -- -- -- 9,894
Long Term Capital Lease Obligation -- 0.00 0.00 0.00 9,894
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 9,894
Total Liabilities Net Minority Interest 307,421 987,098 167,266 252,295 316,532
Common Stock 26.2M 26.2M 23.1M 23.1M 23.1M
Capital Stock 26.2M 26.2M 23.1M 23.1M 23.1M
Additional Paid In Capital 874,140 1.1M 1.2M 1.4M 1.4M
Retained Earnings -25.7M -25.6M -24.0M -23.6M -23.3M
Common Stock Equity 1.6M 2.2M 626,932 1.1M 1.4M
Stockholders Equity 1.6M 2.2M 626,932 1.1M 1.4M
Total Equity Gross Minority Interest 1.6M 2.2M 626,932 1.1M 1.4M
Total Capitalization 1.6M 2.2M 626,932 1.1M 1.4M
Net Tangible Assets 1.6M 2.2M 626,932 1.1M 1.4M
Tangible Book Value 1.6M 2.2M 626,932 1.1M 1.4M
Working Capital 1.6M 2.2M 579,960 1.1M 1.4M
Invested Capital 1.6M 2.2M 626,932 1.1M 1.4M
Total Debt 9,894 19,548 28,964 38,149 46,678
Share Issued 368.1M 368.1M 213.3M 212.5M 212.5M
Ordinary Shares Number 368.1M 368.1M 213.3M 212.5M 212.5M
Capital Lease Obligations 9,894 19,548 28,964 38,149 46,678
Current Capital Lease Obligation 9,894 19,548 28,964 38,149 36,784
Machinery Furniture Equipment -- 95,714 -- -- --
Other Equity Interest 242,443 515,325 265,864 265,864 265,864
Other Properties 28,270 15,017 46,972 56,637 66,257
Restricted Cash 107,917 106,736 105,541 104,348 103,180
Taxes Receivable 102,578 160,965 9,999 8,455 23,340
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024
Operating Cash Flow -1.2M -1.1M -578,499 -336,222 -517,102
Cash Flow From Continuing Operating Activities -1.2M -1.1M -578,499 -336,222 -517,102
Depreciation And Amortization 9,037 9,665 9,665 9,620 9,642
Depreciation Amortization Depletion 9,037 9,665 9,665 9,620 9,642
Stock Based Compensation 70,500 29,165 0.00 0.00 0.00
Change In Working Capital -579,466 674,852 -58,622 -28,327 -60,667
Changes In Account Receivables 16,999 -5,501 -10,277 1,736 -5,628
Change In Receivables 75,386 -156,467 -11,821 16,621 54,395
Change In Payables And Accrued Expense -670,023 832,136 -41,296 -43,687 -122,626
Other Non Cash Items -- -2,888 -15,799 -12,021 -70,696
Investing Cash Flow -1,181 -1,195 -1,193 -1,168 -1,181
Cash Flow From Continuing Investing Activities -1,181 -1,195 -1,193 -1,168 -1,181
Repayment Of Debt -9,654 -9,416 -9,185 -8,529 -8,319
Net Issuance Payments Of Debt -9,654 -9,416 -9,185 -8,529 -8,319
Issuance Of Capital Stock -- 3.5M 0.00 -- --
Net Common Stock Issuance -- 3.5M 0.00 -- --
Financing Cash Flow -9,654 3.3M -9,185 -8,529 -8,319
Cash Flow From Continuing Financing Activities -9,654 3.3M -9,185 -8,529 -8,319
Changes In Cash -1.2M 2.2M -588,877 -345,919 -526,602
Beginning Cash Position 2.8M 569,367 1.2M 1.5M 2.0M
End Cash Position 1.6M 2.8M 569,367 1.2M 1.5M
Free Cash Flow -1.2M -1.1M -578,499 -336,222 -517,102
Change In Prepaid Assets 15,171 -817.00 -5,505 -1,261 7,564
Common Stock Issuance -- 3.5M 0.00 -- --
Depreciation 9,037 9,665 9,665 9,620 9,642
Long Term Debt Payments -9,654 -9,416 -9,185 -8,529 -8,319
Net Income From Continuing Operations -664,767 -1.8M -513,743 -305,494 -395,381
Net Long Term Debt Issuance -9,654 -9,416 -9,185 -8,529 -8,319
Net Other Financing Charges -- -- -- -- --
Net Other Investing Changes -1,181 -1,195 -1,193 -1,168 -1,181
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