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Source Rock Royalties 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 7.7M 6.6M 6.5M 4.3M
Operating Revenue 7.7M 6.6M 6.5M 4.3M
Cost Of Revenue 3.9M 3.2M 2.2M 2.2M
Gross Profit 3.7M 3.5M 4.3M 2.0M
Selling General And Administration 1.7M 1.6M 1.2M 789,563
General And Administrative Expense 1.7M 1.6M 1.2M 789,563
Operating Expense 1.7M 1.6M 1.2M 789,563
Operating Income 2.0M 1.8M 3.2M 1.2M
EBIT 2.0M 1.8M 3.2M 1.2M
Interest Income 136,792 431,356 286,583 956.00
Interest Income Non Operating 136,792 431,356 286,583 956.00
Net Interest Income 136,792 431,356 286,583 956.00
Other Income Expense -- -- -- -1.4M
Special Income Charges -- -- 0.00 -1.4M
Write Off -- -- 0.00 -9,908
Pretax Income 2.2M 2.3M 3.4M -133,817
Tax Provision 676,994 700,299 884,657 -310,358
Tax Effect Of Unusual Items 0.00 0.00 0.00 -363,488
Net Income From Continuing And Discontinued Operation 1.5M 1.6M 2.6M 176,541
Net Income From Continuing Operation Net Minority Interest 1.5M 1.6M 2.6M 176,541
Net Income Including Noncontrolling Interests 1.5M 1.6M 2.6M 176,541
Net Income Common Stockholders 1.5M 1.6M 2.6M 176,541
Net Income 1.5M 1.6M 2.6M 176,541
EBITDA 6.0M 5.0M 5.3M 3.5M
Normalized EBITDA 6.0M 5.0M 5.3M 4.8M
Reconciled Depreciation 3.9M 3.2M 2.2M 2.2M
Basic EPS 0.03 0.04 0.06 0.00
Diluted EPS 0.03 0.03 0.06 0.00
Basic Average Shares 45.4M 45.0M 42.3M 43.2M
Diluted Average Shares 47.8M 46.6M 43.2M 43.2M
Total Unusual Items -- -- 0.00 -1.4M
Total Unusual Items Excluding Goodwill -- -- 0.00 -1.4M
Tax Rate For Calcs 0.31 0.31 0.26 0.27
Normalized Income 1.5M 1.6M 2.6M 1.2M
Diluted NI Availto Com Stockholders 1.5M 1.6M 2.6M 176,541
Impairment Of Capital Assets -- -- 0.00 1.4M
Net Income Continuous Operations 1.5M 1.6M 2.6M 176,541
Net Non Operating Interest Income Expense 136,792 431,356 286,583 956.00
Other Gand A 873,413 853,122 753,897 475,859
Reconciled Cost Of Revenue 3.9M 3.2M 2.2M 2.2M
Salaries And Wages 840,311 775,266 399,453 313,704
Total Expenses 5.7M 4.8M 3.3M 3.0M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 4.6M 1.5M 13.2M 1.5M
Cash Cash Equivalents And Short Term Investments 4.6M 1.5M 13.2M 1.5M
Accounts Receivable 1.0M 1.3M 1.1M 812,893
Receivables 1.1M 1.3M 1.1M 822,553
Prepaid Assets 38,401 30,949 44,947 5,777
Current Assets 5.7M 2.8M 14.3M 2.5M
Gross PPE 39.5M 39.5M 26.2M 22.6M
Accumulated Depreciation -19.3M -15.3M -12.1M -9.9M
Net PPE 20.2M 24.2M 14.1M 12.6M
Goodwill And Other Intangible Assets 250,000 250,000 250,000 250,000
Total Non Current Assets 20.9M 24.5M 14.5M 12.9M
Total Assets 26.6M 27.3M 28.8M 15.4M
Accounts Payable 44,174 112,308 26,853 124,382
Payables 865,124 401,498 1.4M 650,128
Payables And Accrued Expenses 865,124 401,498 1.4M 650,128
Current Liabilities 865,124 401,498 1.4M 650,128
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 145,802
Total Liabilities Net Minority Interest 865,124 401,498 1.4M 795,930
Common Stock 26.8M 26.5M 26.3M 14.0M
Capital Stock 26.8M 26.5M 26.3M 14.0M
Additional Paid In Capital 17.6M 16.8M 16.1M 15.7M
Retained Earnings -18.7M -16.7M -15.3M -15.2M
Common Stock Equity 25.7M 26.9M 27.4M 14.6M
Stockholders Equity 25.7M 26.9M 27.4M 14.6M
Total Equity Gross Minority Interest 25.7M 26.9M 27.4M 14.6M
Total Capitalization 25.7M 26.9M 27.4M 14.6M
Net Tangible Assets 25.5M 26.6M 27.2M 14.3M
Tangible Book Value 25.5M 26.6M 27.2M 14.3M
Working Capital 4.9M 2.4M 12.9M 1.8M
Invested Capital 25.7M 26.9M 27.4M 14.6M
Share Issued 45.6M 45.2M 44.9M 43.2M
Ordinary Shares Number 45.6M 45.2M 44.9M 43.2M
Allowance For Doubtful Accounts Receivable -- 0.00 -41,335 -41,335
Current Deferred Assets -- -- 0.00 164,280
Dividends Payable 296,288 271,390 673,450 443,438
Gross Accounts Receivable 1.0M 1.3M 1.1M 854,228
Non Current Deferred Assets 370,573 88,973 218,330 0.00
Non Current Deferred Liabilities -- -- 0.00 145,802
Non Current Deferred Taxes Assets 370,573 88,973 218,330 0.00
Non Current Deferred Taxes Liabilities -- -- 0.00 145,802
Other Equity Interest -- 306,682 306,682 --
Other Payable -- -- -- 443,438
Taxes Receivable 9,015 11,474 35,483 9,660
Total Tax Payable 524,662 17,800 678,498 82,308
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 6.6M 4.9M 5.3M 3.4M
Cash Flow From Continuing Operating Activities 6.6M 4.9M 5.3M 3.4M
Depreciation Amortization Depletion 3.9M 3.2M 2.2M 2.2M
Stock Based Compensation 840,311 775,266 399,453 313,704
Deferred Tax -281,600 129,357 -9,842 -392,666
Deferred Income Tax -281,600 129,357 -9,842 -392,666
Change In Working Capital 654,210 -740,711 187,218 -299,152
Change In Receivables 222,934 -179,466 -272,273 -447,907
Change In Payables And Accrued Expense 438,728 -575,243 498,661 127,708
Change In Payable 438,728 -575,243 498,661 127,708
Capital Expenditure -27,103 -13.3M -3.6M -1.2M
Purchase Of PPE -27,103 -13.3M -3.6M -1.2M
Net PPE Purchase And Sale -27,103 -13.3M -3.6M -1.2M
Investing Cash Flow -27,103 -13.3M -3.6M -1.2M
Cash Flow From Continuing Investing Activities -27,103 -13.3M -3.6M -1.2M
Issuance Of Capital Stock -- 0.00 13.5M 0.00
Repurchase Of Capital Stock -- 0.00 -443,438 0.00
Net Common Stock Issuance -- 0.00 13.1M 0.00
Common Stock Dividend Paid -3.4M -3.4M -2.0M -1.5M
Common Stock Payments -- 0.00 -443,438 0.00
Financing Cash Flow -3.4M -3.3M 10.0M -1.6M
Cash Flow From Continuing Financing Activities -3.4M -3.3M 10.0M -1.6M
Changes In Cash 3.2M -11.7M 11.7M 578,762
Beginning Cash Position 1.5M 13.2M 1.5M 913,560
End Cash Position 4.6M 1.5M 13.2M 1.5M
Free Cash Flow 6.6M -8.4M 1.7M 2.2M
Asset Impairment Charge -- -- 0.00 1.4M
Cash Dividends Paid -3.4M -3.4M -2.0M -1.5M
Change In Account Payable -68,134 85,455 -97,529 45,400
Change In Income Tax Payable 506,862 -660,698 596,190 82,308
Change In Prepaid Assets -7,452 13,998 -39,170 21,047
Change In Tax Payable 506,862 -660,698 596,190 82,308
Common Stock Issuance -- 0.00 13.5M 0.00
Depletion 3.9M 3.2M 2.2M 2.2M
Net Income From Continuing Operations 1.5M 1.6M 2.6M 176,541
Net Intangibles Purchase And Sale -- -- -- 0.00
Net Other Financing Charges -- -88,844 -1.4M -164,280
Proceeds From Stock Option Exercised 1,250 134,000 306,682 0.00
Purchase Of Intangibles -- -- -- 0.00
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