Canadian Spirit Resources Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 64,528 | 0.00 | 0.00 | 45,356 |
| Operating Revenue | 0.00 | 64,528 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 72,532 | 121,886 | 72,532 | 72,532 | 72,532 |
| Gross Profit | -72,532 | -57,358 | -72,532 | -72,532 | -27,176 |
| Selling General And Administration | 112,029 | 254,234 | 380,018 | 243,735 | 180,789 |
| General And Administrative Expense | 112,029 | 254,234 | 380,018 | 243,735 | 180,789 |
| Other Operating Expenses | 37,573 | 469,796 | 100,526 | 28,770 | -18,404 |
| Operating Expense | 149,602 | 724,030 | 480,544 | 272,505 | 162,385 |
| Operating Income | -222,134 | -781,388 | -553,076 | -345,037 | -189,561 |
| EBIT | -194,095 | -17.3M | -553,076 | -294,112 | -448,219 |
| Interest Expense | 20,543 | 39,140 | -- | 30,015 | 29,581 |
| Interest Expense Non Operating | 20,543 | 39,140 | -- | 30,015 | 29,581 |
| Interest Income | 29,162 | 30,850 | 45,719 | 50,925 | 18,884 |
| Interest Income Non Operating | 29,162 | 30,850 | 45,719 | 50,925 | 18,884 |
| Net Interest Income | 8,619 | -8,290 | 45,719 | 20,910 | -10,697 |
| Other Income Expense | -1,123 | -- | -- | -- | -277,542 |
| Special Income Charges | -1,123 | -16.6M | 0.00 | -- | -277,542 |
| Pretax Income | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Net Income From Continuing Operation Net Minority Interest | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Net Income Including Noncontrolling Interests | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Net Income Common Stockholders | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Net Income | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| EBITDA | -121,563 | -17.2M | -480,544 | -221,580 | -375,687 |
| Normalized EBITDA | -120,440 | -628,652 | -480,544 | -221,580 | -98,145 |
| Reconciled Depreciation | 72,532 | 121,886 | 72,532 | 72,532 | 72,532 |
| Basic EPS | 0.00 | -- | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | -- | 0.00 | 0.00 | 0.00 |
| Basic Average Shares | 288.2M | -- | 288.2M | 288.2M | 288.2M |
| Diluted Average Shares | 288.2M | -- | 288.2M | 288.2M | 288.2M |
| Total Unusual Items | -1,123 | -16.6M | 0.00 | -- | -277,542 |
| Total Unusual Items Excluding Goodwill | -1,123 | -16.6M | 0.00 | -- | -277,542 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -213,515 | -789,678 | -507,357 | -324,127 | -200,258 |
| Diluted NI Availto Com Stockholders | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Impairment Of Capital Assets | 1,123 | -- | 0.00 | -- | 277,542 |
| Insurance And Claims | 24,933 | 24,933 | 24,933 | 24,933 | 15,273 |
| Net Income Continuous Operations | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Net Non Operating Interest Income Expense | 8,619 | -8,290 | 45,719 | 20,910 | -10,697 |
| Other Gand A | 87,096 | 229,301 | 354,357 | 209,221 | 154,775 |
| Reconciled Cost Of Revenue | 72,532 | 121,886 | 72,532 | 72,532 | 72,532 |
| Salaries And Wages | 0.00 | 0.00 | 728.00 | 9,581 | 10,741 |
| Total Expenses | 222,134 | 845,916 | 553,076 | 345,037 | 234,917 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 4.4M | 4.1M | 4.5M | 4.8M | 5.4M |
| Cash Cash Equivalents And Short Term Investments | 4.4M | 4.1M | 4.5M | 4.8M | 5.4M |
| Cash Financial | 4.4M | 4.1M | 4.5M | 4.8M | 5.4M |
| Accounts Receivable | 4,090 | -- | -- | -- | -- |
| Receivables | 4,090 | 9,619 | 20,424 | 40,788 | 32,679 |
| Prepaid Assets | 46,785 | 79,404 | 79,877 | 91,279 | 23,600 |
| Current Assets | 4.4M | 4.2M | 4.6M | 4.9M | 5.5M |
| Gross PPE | 30.8M | 30.8M | 47.5M | 47.4M | 47.4M |
| Accumulated Depreciation | -24.9M | -24.8M | -24.7M | -24.6M | -24.5M |
| Net PPE | 5.9M | 6.0M | 22.8M | 22.8M | 22.9M |
| Other Non Current Assets | 1.0M | 1.5M | 1.5M | 1.5M | 1.5M |
| Total Non Current Assets | 7.0M | 7.5M | 24.3M | 24.3M | 24.4M |
| Total Assets | 11.4M | 11.7M | 28.9M | 29.2M | 29.9M |
| Current Debt And Capital Lease Obligation | 6,974 | 6,974 | 6,944 | 6,303 | 9,000 |
| Accounts Payable | 92,343 | 224,846 | 341,802 | 140,591 | 438,681 |
| Payables | 92,343 | 224,846 | 341,802 | 140,591 | 438,681 |
| Payables And Accrued Expenses | 92,343 | 224,846 | 341,802 | 140,591 | 438,681 |
| Current Liabilities | 133,049 | 265,552 | 348,746 | 289,435 | 503,909 |
| Long Term Debt And Capital Lease Obligation | 9,906 | 9,906 | 10,282 | 16,261 | 14,131 |
| Long Term Capital Lease Obligation | 9,906 | 9,906 | 10,282 | 16,261 | 14,131 |
| Total Non Current Liabilities Net Minority Interest | 2.4M | 2.4M | 2.1M | 2.0M | 2.2M |
| Total Liabilities Net Minority Interest | 2.5M | 2.7M | 2.5M | 2.3M | 2.7M |
| Common Stock | 124.0M | 124.0M | 124.0M | 124.0M | 124.0M |
| Capital Stock | 124.0M | 124.0M | 124.0M | 124.0M | 124.0M |
| Additional Paid In Capital | 10.6M | 10.6M | 10.6M | 10.6M | 10.6M |
| Retained Earnings | -125.8M | -125.6M | -108.2M | -107.8M | -107.4M |
| Common Stock Equity | 8.8M | 9.0M | 26.4M | 26.9M | 27.2M |
| Stockholders Equity | 8.8M | 9.0M | 26.4M | 26.9M | 27.2M |
| Total Equity Gross Minority Interest | 8.8M | 9.0M | 26.4M | 26.9M | 27.2M |
| Total Capitalization | 8.8M | 9.0M | 26.4M | 26.9M | 27.2M |
| Net Tangible Assets | 8.8M | 9.0M | 26.4M | 26.9M | 27.2M |
| Tangible Book Value | 8.8M | 9.0M | 26.4M | 26.9M | 27.2M |
| Working Capital | 4.3M | 3.9M | 4.2M | 4.6M | 5.0M |
| Invested Capital | 8.8M | 9.0M | 26.4M | 26.9M | 27.2M |
| Total Debt | 16,880 | 16,880 | 17,226 | 22,564 | 23,131 |
| Share Issued | 288.2M | 288.2M | 288.2M | 288.2M | 288.2M |
| Ordinary Shares Number | 288.2M | 288.2M | 288.2M | 288.2M | 288.2M |
| Capital Lease Obligations | 16,880 | 16,880 | 17,226 | 22,564 | 23,131 |
| Current Capital Lease Obligation | 6,974 | 6,974 | 6,944 | 6,303 | 9,000 |
| Current Provisions | 33,732 | 33,732 | -- | 142,541 | 56,228 |
| Duefrom Related Parties Current | -- | 9,503 | 0.00 | 4,934 | 18,567 |
| Leases | -- | 48,387 | 48,387 | 48,387 | 48,387 |
| Long Term Provisions | 2.4M | 2.4M | 2.1M | 2.0M | 2.2M |
| Machinery Furniture Equipment | 9.6M | 9.6M | 9.7M | 9.8M | 9.6M |
| Other Properties | 48,387 | -- | -- | -- | -- |
| Properties | 21.2M | 21.2M | 37.8M | 37.5M | 37.8M |
| Taxes Receivable | -- | 116.00 | 20,424 | 35,854 | 14,112 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 282,045 | -611,889 | -261,102 | -625,180 | -175,795 |
| Cash Flow From Continuing Operating Activities | 282,045 | -611,887 | -261,102 | -625,180 | -175,795 |
| Depreciation And Amortization | 72,532 | -- | -- | -- | 72,532 |
| Depreciation Amortization Depletion | 72,532 | 121,886 | 72,532 | 72,532 | 72,532 |
| Stock Based Compensation | 0.00 | 0.00 | 728.00 | 5,581 | 6,741 |
| Change In Working Capital | 402,485 | -105,702 | 232,978 | -373,876 | 131,361 |
| Changes In Account Receivables | 5,529 | 10,805 | 20,364 | -8,109 | -15,291 |
| Change In Receivables | 5,529 | 10,805 | 20,364 | -8,109 | -15,291 |
| Change In Payables And Accrued Expense | -132,503 | -116,981 | 201,211 | -298,088 | 128,004 |
| Change In Other Working Capital | 496,840 | -- | -- | -- | -- |
| Change In Other Current Assets | 0.00 | 1.00 | 1.00 | 0.00 | -5,495 |
| Other Non Cash Items | 21,666 | 161,605 | -59,983 | -5,290 | -186,171 |
| Capital Expenditure | -12,655 | -- | -272,581 | -12,597 | -8,768 |
| Purchase Of PPE | -- | -- | -- | -12,597 | 0.00 |
| Net PPE Purchase And Sale | -- | -- | 251,147 | -12,597 | 0.00 |
| Investing Cash Flow | -12,655 | 234,598 | -21,434 | -39,974 | -8,768 |
| Cash Flow From Continuing Investing Activities | -12,655 | 234,598 | -21,434 | -39,974 | -8,768 |
| Repayment Of Debt | -- | -500.00 | -7,500 | -1,000 | -- |
| Net Issuance Payments Of Debt | -- | -500.00 | -7,500 | -1,000 | -- |
| Issuance Of Capital Stock | -- | 0.00 | 0.00 | -- | -- |
| Net Common Stock Issuance | -- | 0.00 | 0.00 | -- | -- |
| Financing Cash Flow | -- | -500.00 | -7,500 | -1,000 | -- |
| Cash Flow From Continuing Financing Activities | -- | -500.00 | -7,500 | -1,000 | -- |
| Changes In Cash | 269,390 | -377,791 | -290,036 | -666,154 | -184,563 |
| Beginning Cash Position | 4.1M | 4.5M | 4.8M | 5.4M | 5.6M |
| End Cash Position | 4.4M | 4.1M | 4.5M | 4.8M | 5.4M |
| Free Cash Flow | 269,390 | -333,880 | -533,683 | -637,777 | -184,563 |
| Asset Impairment Charge | 0.00 | 16.6M | 0.00 | -- | 277,542 |
| Capital Expenditure Reported | -12,655 | 278,009 | -272,581 | -- | -8,768 |
| Change In Prepaid Assets | 32,619 | 473.00 | 11,402 | -67,679 | 24,143 |
| Common Stock Issuance | -- | 0.00 | 0.00 | -- | -- |
| Depletion | 0.00 | -- | -- | -- | 0.00 |
| Depreciation | 72,532 | -- | -- | -- | 72,532 |
| Long Term Debt Payments | -- | -500.00 | -7,500 | -1,000 | -- |
| Net Income From Continuing Operations | -214,638 | -17.4M | -507,357 | -324,127 | -477,800 |
| Net Long Term Debt Issuance | -- | -500.00 | -7,500 | -1,000 | -- |
| Net Other Investing Changes | -- | -- | -- | -27,377 | -8,768 |
| Sale Of PPE | -- | -- | 251,147 | -- | -- |