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TAG Oil Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 337,000 380,000 325,000 461,000 403,000
Operating Revenue 337,000 380,000 325,000 461,000 403,000
Cost Of Revenue 599,000 600,000 772,000 899,000 630,000
Gross Profit -262,000 -220,000 -447,000 -438,000 -227,000
Selling General And Administration 915,000 1.3M 1.8M 2.0M 1.8M
General And Administrative Expense 915,000 1.3M 1.8M 2.0M 1.8M
Other Operating Expenses 8,000 1,000 -- 1,000 10,000
Operating Expense 923,000 1.3M 1.8M 2.0M 1.8M
Operating Income -1.2M -1.5M -2.2M -2.4M -2.0M
EBIT -1.2M -1.5M -2.2M -2.4M -2.0M
Interest Income 43,000 26,000 35,000 68,000 76,000
Interest Income Non Operating 43,000 26,000 35,000 68,000 76,000
Net Interest Income 43,000 26,000 35,000 68,000 76,000
Other Income Expense 74,000 1.6M -96,000 1.2M -296,000
Other Non Operating Income Expenses -- -- -- -- --
Special Income Charges 28,000 0.00 -18,000 -- --
Gain On Sale Of Security 46,000 1.6M -78,000 1.4M -296,000
Pretax Income -1.1M 83,000 -2.3M -1.1M -2.2M
Tax Effect Of Unusual Items 0.00 237,750 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -1.1M 83,000 -2.3M -1.1M -2.2M
Net Income From Continuing Operation Net Minority Interest -1.1M 83,000 -2.3M -1.1M -2.2M
Net Income Including Noncontrolling Interests -1.1M 83,000 -2.3M -1.1M -2.2M
Net Income Common Stockholders -1.1M 83,000 -2.3M -1.1M -2.2M
Net Income -1.1M 83,000 -2.3M -1.1M -2.2M
EBITDA -1.1M -1.4M -2.1M -2.3M -1.9M
Normalized EBITDA -1.2M -3.0M -2.0M -3.6M -1.6M
Reconciled Depreciation 85,000 87,000 116,000 123,000 79,000
Basic EPS 0.00 0.00 -0.01 -- -0.01
Diluted EPS 0.00 0.00 -0.01 -- -0.01
Basic Average Shares 226.5M 226.4M 226.4M -- 185.1M
Diluted Average Shares 226.5M 226.4M 226.4M -- 185.1M
Total Unusual Items 74,000 1.6M -96,000 1.2M -296,000
Total Unusual Items Excluding Goodwill 74,000 1.6M -96,000 1.2M -296,000
Tax Rate For Calcs 0.00 0.15 0.00 0.00 0.00
Normalized Income -1.1M -1.3M -2.2M -2.4M -1.9M
Diluted NI Availto Com Stockholders -1.1M 83,000 -2.3M -1.1M -2.2M
Gain On Sale Of Ppe 0.00 0.00 -18,000 -- --
Net Income Continuous Operations -1.1M 83,000 -2.3M -1.1M -2.2M
Net Non Operating Interest Income Expense 43,000 26,000 35,000 68,000 76,000
Other Gand A 910,000 1.3M 1.7M 1.9M 1.7M
Other Special Charges -28,000 -- -- -- --
Reconciled Cost Of Revenue 599,000 600,000 772,000 899,000 630,000
Salaries And Wages 5,000 30,000 64,000 67,000 110,000
Total Expenses 1.5M 1.9M 2.6M 2.9M 2.4M
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 4.0M 5.3M 3.2M 6.6M 4.4M
Cash Cash Equivalents And Short Term Investments 4.0M 5.3M 3.2M 7.4M 5.1M
Other Short Term Investments 0.00 0.00 0.00 826,000 721,000
Accounts Receivable 878,000 975,000 1.1M 958,000 1.3M
Receivables 878,000 975,000 1.1M 958,000 1.3M
Prepaid Assets 267,000 322,000 420,000 539,000 561,000
Current Assets 5.1M 6.6M 8.0M 9.6M 7.6M
Gross PPE 42.8M 42.1M 44.1M 44.0M 40.4M
Accumulated Depreciation -513,000 -915,000 -843,000 -762,000 -629,000
Net PPE 42.3M 41.2M 43.3M 43.3M 39.8M
Investments And Advances 0.00 0.00 0.00 2.2M 1.2M
Other Non Current Assets 118,000 117,000 119,000 118,000 118,000
Total Non Current Assets 42.4M 41.4M 43.4M 45.5M 41.1M
Total Assets 47.5M 48.0M 51.4M 55.1M 48.7M
Current Debt And Capital Lease Obligation 267,000 305,000 309,000 338,000 313,000
Accounts Payable 606,000 1.0M 2.4M 3.8M 3.3M
Payables 606,000 1.0M 2.4M 3.8M 3.3M
Payables And Accrued Expenses 1.3M 1.5M 2.7M 4.2M 5.0M
Current Accrued Expenses 699,000 461,000 335,000 492,000 1.7M
Current Liabilities 1.6M 1.8M 3.1M 4.6M 5.3M
Long Term Debt And Capital Lease Obligation 862,000 939,000 1.1M 1.1M 1.2M
Long Term Capital Lease Obligation 862,000 939,000 1.1M 1.1M 1.2M
Total Non Current Liabilities Net Minority Interest 862,000 939,000 1.1M 1.1M 1.2M
Total Liabilities Net Minority Interest 2.4M 2.7M 4.1M 5.7M 6.5M
Common Stock 262.4M 262.4M 262.4M 262.2M 256.6M
Capital Stock 262.4M 262.4M 262.4M 262.2M 256.6M
Retained Earnings -242.8M -241.7M -241.8M -239.5M -238.4M
Gains Losses Not Affecting Retained Earnings 1.1M 317,000 2.4M 2.5M 75,000
Other Equity Adjustments 1.1M 317,000 2.4M 2.5M 75,000
Common Stock Equity 45.0M 45.3M 47.3M 49.3M 42.2M
Stockholders Equity 45.0M 45.3M 47.3M 49.3M 42.2M
Total Equity Gross Minority Interest 45.0M 45.3M 47.3M 49.3M 42.2M
Total Capitalization 45.0M 45.3M 47.3M 49.3M 42.2M
Net Tangible Assets 45.0M 45.3M 47.3M 49.3M 42.2M
Tangible Book Value 45.0M 45.3M 47.3M 49.3M 42.2M
Working Capital 3.5M 4.9M 5.0M 5.0M 2.3M
Invested Capital 45.0M 45.3M 47.3M 49.3M 42.2M
Total Debt 1.1M 1.2M 1.4M 1.5M 1.5M
Share Issued 226.5M 226.5M 226.5M 225.2M 185.1M
Ordinary Shares Number 226.5M 226.5M 226.5M 225.2M 185.1M
Assets Held For Sale Current -- -- 2.7M -- --
Available For Sale Securities -- -- -- 2.2M 1.2M
Capital Lease Obligations 1.1M 1.2M 1.4M 1.5M 1.5M
Current Capital Lease Obligation 267,000 305,000 309,000 338,000 313,000
Investmentin Financial Assets 0.00 0.00 0.00 2.2M 1.2M
Machinery Furniture Equipment 217,000 215,000 219,000 274,000 269,000
Other Equity Interest 24.2M 24.2M 24.2M 24.1M 24.0M
Other Properties 42.5M 41.9M 43.9M 43.7M 40.1M
Restricted Cash 0.00 0.00 657,000 653,000 608,000
Treasury Shares Number -- -- -- 0.00 --
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 -954,000 -1.5M -2.7M -820,000 -3.3M
Cash Flow From Continuing Operating Activities -954,000 -1.5M -2.7M -820,000 -3.3M
Depreciation And Amortization -- -- -- 123,000 79,000
Depreciation Amortization Depletion 85,000 87,000 116,000 123,000 79,000
Stock Based Compensation 5,000 30,000 64,000 67,000 110,000
Change In Working Capital -42,000 -1,000 -946,000 1.3M -1.4M
Change In Receivables 98,000 -41,000 -266,000 445,000 -406,000
Change In Payables And Accrued Expense -195,000 -57,000 -800,000 845,000 -985,000
Other Non Cash Items 28,000 6,000 104,000 -1.4M 221,000
Capital Expenditure -384,000 -1.5M -879,000 -2.8M -4.4M
Purchase Of PPE -384,000 -1.5M -879,000 -- -4.4M
Net PPE Purchase And Sale -384,000 -1.5M -879,000 -2.8M -4.4M
Investing Cash Flow -384,000 3.1M -615,000 -2.6M -4.1M
Cash Flow From Continuing Investing Activities -384,000 3.1M -615,000 -2.6M -4.1M
Repayment Of Debt -60,000 -62,000 -105,000 -88,000 -58,000
Net Issuance Payments Of Debt -60,000 -62,000 -105,000 -88,000 -58,000
Issuance Of Capital Stock -- -- -- 6.8M --
Net Common Stock Issuance -- -- -- 6.8M --
Financing Cash Flow -60,000 -62,000 -105,000 5.7M -58,000
Cash Flow From Continuing Financing Activities -60,000 -62,000 -105,000 5.7M -58,000
Effect Of Exchange Rate Changes 11,000 -27,000 -1,000 -113,000 55,000
Changes In Cash -1.4M 1.6M -3.4M 2.3M -7.5M
Beginning Cash Position 5.3M 3.2M 6.6M 4.4M 7.7M
End Cash Position 4.0M 5.3M 3.2M 6.6M 4.4M
Free Cash Flow -1.3M -2.9M -3.6M -3.6M -7.7M
Change In Prepaid Assets 55,000 97,000 120,000 21,000 -49,000
Common Stock Issuance -- -- -- 6.8M --
Depreciation -- -- -- 123,000 79,000
Gain Loss On Sale Of PPE 0.00 -- -- -- --
Long Term Debt Payments -60,000 -62,000 -105,000 -88,000 -58,000
Net Foreign Currency Exchange Gain Loss 38,000 -49,000 40,000 232,000 -22,000
Net Income From Continuing Operations -1.1M 83,000 -2.3M -1.1M -2.2M
Net Intangibles Purchase And Sale 0.00 -- -- -- --
Net Long Term Debt Issuance -60,000 -62,000 -105,000 -88,000 -58,000
Net Other Investing Changes 0.00 141,000 264,000 -- --
Operating Gains Losses 38,000 -1.7M 258,000 232,000 -22,000
Other Cash Adjustment Outside Changein Cash 0.00 657,000 0.00 0.00 4.2M
Pension And Employee Benefit Expense 0.00 0.00 200,000 -- --
Proceeds From Stock Option Exercised -- -- -- 0.00 0.00
Sale Of Intangibles 0.00 -- -- -- --
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