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TAG Oil Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Total Revenue 864,000 0.00 0.00 0.00
Operating Revenue 864,000 0.00 0.00 0.00
Cost Of Revenue 1.9M 164,000 122,000 235,000
Gross Profit -1.0M -164,000 -122,000 -235,000
Selling General And Administration 7.6M 6.3M 3.2M 3.5M
General And Administrative Expense 7.6M 6.3M 3.2M 3.5M
Other Operating Expenses 28,000 255,000 873,000 208,000
Operating Expense 7.6M 6.5M 4.1M 3.7M
Operating Income -8.6M -6.7M -4.2M -4.0M
EBIT -8.6M -6.7M -4.2M -9.0M
Interest Expense -- -- -- 3.0M
Interest Expense Non Operating -- -- -- 3.0M
Interest Income 870,000 571,000 106,000 227,000
Interest Income Non Operating 870,000 571,000 106,000 227,000
Net Interest Income 870,000 571,000 106,000 -2.7M
Other Income Expense 1.4M 3.1M 1.0M -5.3M
Other Non Operating Income Expenses -- 2.2M 1.3M --
Special Income Charges -179,000 0.00 6,000 -3.9M
Write Off 179,000 -- -- --
Gain On Sale Of Security 1.6M 3.1M 1.0M -1.4M
Pretax Income -6.3M -3.0M -3.1M -12.0M
Tax Provision 0.00 0.00 0.00 0.00
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -6.3M -3.0M -3.1M -12.0M
Net Income From Continuing Operation Net Minority Interest -6.3M -3.0M -3.1M -12.0M
Net Income Including Noncontrolling Interests -6.3M -3.0M -3.1M -12.0M
Net Income Common Stockholders -6.3M -3.0M -3.1M -12.0M
Net Income -6.3M -3.0M -3.1M -12.0M
EBITDA -8.3M -6.5M -4.1M -8.9M
Normalized EBITDA -9.7M -9.6M -5.1M -3.6M
Reconciled Depreciation 315,000 164,000 122,000 137,000
Basic EPS -0.03 -0.03 -0.03 -0.13
Diluted EPS -0.03 -0.03 -0.03 -0.13
Basic Average Shares 187.9M 101.7M 91.7M 89.0M
Diluted Average Shares 187.9M 101.7M 91.7M 89.0M
Total Unusual Items 1.4M 3.1M 1.0M -5.3M
Total Unusual Items Excluding Goodwill 1.4M 3.1M 1.0M -5.3M
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -7.7M -6.1M -4.1M -6.7M
Diluted NI Availto Com Stockholders -6.3M -3.0M -3.1M -12.0M
Gain On Sale Of Business -- -- -- 0.00
Gain On Sale Of Ppe -- -- 0.00 -3.9M
Impairment Of Capital Assets -- -- -- 147,000
Net Income Continuous Operations -6.3M -3.0M -3.1M -12.0M
Net Non Operating Interest Income Expense 870,000 571,000 106,000 -2.7M
Other Gand A 7.0M 5.3M 2.9M 3.2M
Other Special Charges -- -- -6,000 --
Reconciled Cost Of Revenue 1.9M 164,000 122,000 235,000
Salaries And Wages 601,000 944,000 280,000 272,000
Total Expenses 9.5M 6.7M 4.2M 4.0M
Line Item FY 2024Dec 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Cash And Cash Equivalents 6.6M 19.5M 13.3M 15.9M
Cash Cash Equivalents And Short Term Investments 7.4M 20.7M 15.5M 17.1M
Other Short Term Investments 826,000 1.2M 2.2M 1.2M
Accounts Receivable 958,000 1.0M 273,000 359,000
Receivables 958,000 1.0M 273,000 359,000
Inventory -- -- -- 0.00
Prepaid Assets 539,000 1.6M 102,000 --
Other Current Assets -- -- -- 1.2M
Current Assets 9.6M 23.3M 15.9M 17.5M
Gross PPE 44.0M 7.6M 880,000 534,000
Accumulated Depreciation -762,000 -468,000 -304,000 -421,000
Net PPE 43.3M 7.1M 576,000 113,000
Investments And Advances 2.2M 2.3M 1.6M 2.8M
Other Non Current Assets 118,000 8.3M 115,000 116,000
Total Non Current Assets 45.5M 17.8M 2.3M 3.0M
Total Assets 55.1M 41.1M 18.2M 20.5M
Current Debt And Capital Lease Obligation 338,000 155,000 119,000 72,000
Accounts Payable 3.8M 632,000 95,000 407,000
Payables 3.8M 632,000 95,000 407,000
Payables And Accrued Expenses 4.2M 1.6M 406,000 407,000
Current Accrued Expenses 492,000 954,000 311,000 --
Current Liabilities 4.6M 1.7M 525,000 479,000
Long Term Debt And Capital Lease Obligation 1.1M 304,000 454,000 26,000
Long Term Capital Lease Obligation 1.1M 304,000 454,000 26,000
Total Non Current Liabilities Net Minority Interest 1.1M 304,000 454,000 26,000
Total Liabilities Net Minority Interest 5.7M 2.0M 979,000 505,000
Common Stock 262.2M 243.4M 219.6M 219.6M
Capital Stock 262.2M 243.4M 219.6M 219.6M
Retained Earnings -239.5M -227.0M -224.0M -220.9M
Gains Losses Not Affecting Retained Earnings 2.5M 160,000 0.00 0.00
Other Equity Adjustments 2.5M 160,000 -- --
Common Stock Equity 49.3M 39.0M 17.2M 20.0M
Stockholders Equity 49.3M 39.0M 17.2M 20.0M
Total Equity Gross Minority Interest 49.3M 39.0M 17.2M 20.0M
Total Capitalization 49.3M 39.0M 17.2M 20.0M
Net Tangible Assets 49.3M 39.0M 17.2M 20.0M
Tangible Book Value 49.3M 39.0M 17.2M 20.0M
Working Capital 5.0M 21.6M 15.4M 17.0M
Invested Capital 49.3M 39.0M 17.2M 20.0M
Total Debt 1.5M 459,000 573,000 98,000
Share Issued 225.2M 155.7M 91.8M 91.7M
Ordinary Shares Number 225.2M 155.7M 91.8M 91.7M
Available For Sale Securities 2.2M 2.3M 1.6M 2.8M
Capital Lease Obligations 1.5M 459,000 573,000 98,000
Current Capital Lease Obligation 338,000 155,000 119,000 72,000
Investmentin Financial Assets 2.2M 2.3M 1.6M 2.8M
Machinery Furniture Equipment 274,000 355,000 290,000 266,000
Other Equity Interest 24.1M 22.5M 21.6M 21.4M
Other Properties 43.7M 7.2M 590,000 268,000
Properties -- -- 0.00 0.00
Restricted Cash 653,000 -- -- --
Treasury Shares Number 0.00 -- -- --
Unrealized Gain Loss -- -- -- 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Operating Cash Flow -6.0M -5.5M -4.1M -3.9M
Cash Flow From Continuing Operating Activities -6.0M -5.5M -4.1M -3.9M
Depreciation And Amortization 315,000 164,000 122,000 --
Depreciation Amortization Depletion 315,000 164,000 122,000 137,000
Stock Based Compensation 601,000 944,000 280,000 272,000
Change In Working Capital 1.0M -436,000 2,000 -140,000
Changes In Account Receivables 35,000 -30,000 65,000 --
Change In Receivables 35,000 -30,000 65,000 -7,000
Change In Payables And Accrued Expense 224,000 1.1M -1,000 -133,000
Other Non Cash Items -1.3M -2.2M -1.3M 3.0M
Capital Expenditure -17.9M -6.5M -24,000 -183,000
Purchase Of PPE -- -6.5M -24,000 -183,000
Net PPE Purchase And Sale -17.9M -6.5M -24,000 -183,000
Sale Of Business -- -- 0.00 2.3M
Sale Of Investment -- -- 0.00 34,000
Net Investment Purchase And Sale -- -- 0.00 34,000
Investing Cash Flow -17.1M -4.4M 1.3M 3.7M
Cash Flow From Continuing Investing Activities -17.1M -4.4M 1.3M 3.7M
Repayment Of Debt -251,000 -114,000 -80,000 -88,000
Net Issuance Payments Of Debt -251,000 -114,000 -80,000 -88,000
Issuance Of Capital Stock 6.8M 25.3M 0.00 1.0M
Net Common Stock Issuance 6.8M 25.3M 0.00 1.0M
Common Stock Dividend Paid -- -- -- -25.6M
Financing Cash Flow 5.5M 23.6M -55,000 -24.7M
Cash Flow From Continuing Financing Activities 5.5M 23.6M -55,000 -24.7M
Effect Of Exchange Rate Changes 45,000 722,000 210,000 -670,000
Changes In Cash -17.6M 13.7M -2.8M -25.0M
Beginning Cash Position 16.4M 13.3M 15.9M 41.5M
End Cash Position 6.6M 19.5M 13.3M 15.9M
Free Cash Flow -23.9M -11.9M -4.1M -4.1M
Asset Impairment Charge -- -- 0.00 50,000
Cash Dividends Paid -- -- 0.00 -25.6M
Change In Prepaid Assets 752,000 -1.5M -62,000 --
Common Stock Issuance 6.8M 25.3M 0.00 1.0M
Depletion -- -- 0.00 --
Depreciation 315,000 164,000 122,000 --
Gain Loss On Sale Of Business -- -- 0.00 3.9M
Gain Loss On Sale Of PPE -- -- 0.00 2,000
Long Term Debt Payments -251,000 -114,000 -80,000 -88,000
Net Business Purchase And Sale -- -- 0.00 2.3M
Net Foreign Currency Exchange Gain Loss -294,000 -906,000 -126,000 872,000
Net Income From Continuing Operations -6.3M -3.0M -3.1M -12.0M
Net Long Term Debt Issuance -251,000 -114,000 -80,000 -88,000
Net Other Financing Charges -1.0M -1.9M -- -6,000
Net Other Investing Changes 756,000 2.0M 1.4M 1.5M
Operating Gains Losses -294,000 -906,000 -126,000 4.8M
Other Cash Adjustment Outside Changein Cash 7.7M -8.3M 0.00 --
Proceeds From Stock Option Exercised 0.00 255,000 25,000 0.00
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