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Thesis Gold & Silver Inc.

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 Q3 2024Aug 31, 2024 Q2 2024May 31, 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 53,369 53,369 -- -- 0.00 20,473 --
Gross Profit -53,369 -53,369 -- -- 0.00 -20,473 --
Selling General And Administration 2.0M -- 1.6M 1.5M 822,067 810,768 --
General And Administrative Expense 1.7M -- 1.2M 1.1M 487,783 529,357 --
Depreciation And Amortization In Income Statement 53,369 -- -- -- 0.00 -- --
Other Operating Expenses 10,227 -- 7,450 74,112 48,877 -7,066 --
Operating Expense 2.0M 2.5M 1.6M 1.6M 870,944 -- --
Operating Income -2.1M -- -1.6M -1.6M -870,944 -824,175 --
EBIT 513,503 -- -1.6M -1.6M 743,685 3.1M --
Interest Expense 22,710 -- -- -- 0.00 -- --
Interest Expense Non Operating 22,710 -- -- -- 0.00 -- --
Interest Income 299,493 -- 188,885 62,661 94,903 168,355 --
Interest Income Non Operating 299,493 -- 188,885 62,661 94,903 168,355 --
Net Interest Income 276,783 -- 188,885 62,661 94,903 167,964 --
Other Income Expense 2.3M -- 364,734 487,373 1.5M 3.7M --
Other Non Operating Income Expenses 2.9M -- 364,734 486,313 1.5M 3.7M --
Special Income Charges -639,925 -- -- -- 0.00 -- --
Pretax Income 490,793 -- -1.0M -1.0M 743,685 3.1M --
Tax Provision 2.8M -- -149,254 -172,459 895,724 2.0M --
Tax Effect Of Unusual Items -95,989 -- 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -2.3M -- -880,129 -874,560 -152,039 1.0M --
Net Income From Continuing Operation Net Minority Interest -2.3M -- -880,129 -874,560 -152,039 1.0M --
Net Income Including Noncontrolling Interests -2.3M -- -880,129 -874,560 -152,039 1.0M --
Net Income Common Stockholders -2.3M -- -880,129 -874,560 -152,039 1.0M --
Net Income -2.3M -- -880,129 -874,560 -152,039 1.0M --
EBITDA 566,872 921,419 -1.6M -1.6M 743,685 -- --
Normalized EBITDA 1.2M 921,419 -1.6M -1.6M 743,685 -- --
Reconciled Depreciation 53,369 -- -- -- 0.00 -- --
Basic EPS -0.01 -- 0.00 -- 0.00 0.01 0.00
Diluted EPS -0.01 -- 0.00 -- 0.00 0.01 0.00
Basic Average Shares 258.8M -- 221.7M -- 196.2M 191.3M 174.1M
Diluted Average Shares 258.8M -- 221.7M -- 196.2M 191.3M 174.1M
Total Unusual Items -639,925 -- -- -- 0.00 -- --
Total Unusual Items Excluding Goodwill -639,925 -- -- -- 0.00 -- --
Tax Rate For Calcs 0.15 -- 0.14 0.16 0.15 0.15 --
Normalized Income -1.7M -- -880,129 -874,560 -152,039 1.0M --
Amortization 53,369 -- -- -- 0.00 -- --
Amortization Of Intangibles Income Statement 53,369 -- -- -- 0.00 -- --
Depreciation Amortization Depletion Income Statement 53,369 -- -- -- 0.00 -- --
Diluted NI Availto Com Stockholders -2.3M -- -880,129 -874,560 -152,039 1.0M --
Impairment Of Capital Assets 639,925 -- -- -- 0.00 -- --
Net Income Continuous Operations -2.3M -- -880,129 -874,560 -152,039 1.0M --
Net Non Operating Interest Income Expense 276,783 -- 188,885 62,661 94,903 167,964 --
Other Gand A 926,137 -- 1.1M 1.1M 487,783 529,357 --
Reconciled Cost Of Revenue 53,369 53,369 -- -- 0.00 20,473 --
Salaries And Wages 785,364 -- 65,009 6,890 0.00 0.00 --
Selling And Marketing Expense 294,270 -- 372,270 380,093 334,284 281,411 --
Total Expenses 2.1M -- 1.6M 1.6M 870,944 824,175 --
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Cash And Cash Equivalents 36.1M -- 33.5M 9.4M 3.3M 16.0M --
Cash Cash Equivalents And Short Term Investments 36.1M -- 33.6M 9.4M 3.3M 16.0M --
Cash Financial 36.1M -- 33.5M 9.4M 3.3M 16.0M --
Other Short Term Investments 10,907 -- 36,276 35,907 35,538 35,538 --
Receivables 3.9M -- 1.8M 4.8M 5.5M 5.6M --
Prepaid Assets 1.3M -- 894,094 952,378 943,677 517,933 --
Current Assets 41.3M -- 36.2M 15.2M 9.8M 22.1M --
Gross PPE 218.2M -- 193.4M 190.8M 187.4M 182.1M --
Accumulated Depreciation -251,292 -- -- -- -- -- --
Net PPE 217.9M -- 193.4M 190.8M 187.4M 182.1M --
Other Non Current Assets 553,017 -- 588,730 588,730 589,099 589,099 --
Total Non Current Assets 218.5M -- 194.0M 191.4M 188.0M 182.7M --
Total Assets 259.8M -- 230.2M 206.6M 197.8M 204.8M --
Current Debt And Capital Lease Obligation 187,279 -- 174,812 169,557 -- -- 6,743
Accounts Payable 4.0M -- 1.3M -- -- -- --
Payables 4.0M -- 1.3M -- -- -- --
Payables And Accrued Expenses 4.8M -- 1.8M 1.6M 1.3M 7.5M --
Current Accrued Expenses 776,743 -- 556,582 -- -- -- --
Current Liabilities 6.8M -- 2.0M 2.2M 2.2M 9.9M --
Long Term Debt And Capital Lease Obligation 667,474 -- 756,827 802,665 -- -- --
Long Term Capital Lease Obligation 667,474 -- 756,827 802,665 -- -- --
Total Non Current Liabilities Net Minority Interest 25.6M -- 19.9M 20.1M 19.8M 18.9M --
Total Liabilities Net Minority Interest 32.4M -- 21.9M 22.2M 22.0M 28.8M --
Common Stock 245.5M -- 222.9M 197.5M 188.3M 188.3M --
Capital Stock 245.5M -- 222.9M 197.5M 188.3M 188.3M --
Retained Earnings -36.2M -- -32.2M -31.3M -30.4M -30.3M --
Gains Losses Not Affecting Retained Earnings 18.1M -- -- -- -- -- --
Common Stock Equity 227.4M -- 208.3M 184.3M 175.9M 176.0M --
Stockholders Equity 227.4M -- 208.3M 184.3M 175.9M 176.0M --
Total Equity Gross Minority Interest 227.4M -- 208.3M 184.3M 175.9M 176.0M --
Total Capitalization 227.4M -- 208.3M 184.3M 175.9M 176.0M --
Net Tangible Assets 227.4M -- 208.3M 184.3M 175.9M 176.0M --
Tangible Book Value 227.4M -- 208.3M 184.3M 175.9M 176.0M --
Working Capital 34.5M -- 34.2M 13.0M 7.6M 12.2M --
Invested Capital 227.4M -- 208.3M 184.3M 175.9M 176.0M --
Total Debt 854,753 -- 931,639 972,222 0.00 0.00 --
Share Issued 260.5M -- 237.5M 212.8M 196.2M 196.2M --
Ordinary Shares Number 260.5M -- 237.5M 212.8M 196.2M 196.2M --
Buildings And Improvements -- -- -- -- -- -- 20,473
Capital Lease Obligations 854,753 -- 931,639 972,222 0.00 0.00 --
Current Capital Lease Obligation 187,279 -- 174,812 169,557 0.00 0.00 --
Current Deferred Liabilities 1.8M -- 0.00 364,734 851,047 2.4M --
Leases 853,909 -- 960,647 1.0M -- 0.00 --
Long Term Provisions 2.6M -- 2.2M 2.2M 2.5M 2.5M --
Non Current Deferred Liabilities 22.4M -- 17.0M 17.1M 17.3M 16.4M --
Non Current Deferred Taxes Liabilities 22.4M -- 17.0M 17.1M 17.3M 16.4M --
Other Equity Interest -- -- 17.6M 18.2M 18.0M 18.0M 17.8M
Other Properties 217.3M -- 192.4M 189.8M 187.4M 182.1M --
Other Receivables 47,005 -- 37,671 39,571 566,191 54,993 --
Taxes Receivable 3.8M -- 1.7M 4.8M 5.0M 5.5M --
Tradeand Other Payables Non Current -- -- 15,034 -- -- -- --
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Operating Cash Flow -4.3M -- 455,480 -1.1M -173,992 -1.9M --
Cash Flow From Continuing Operating Activities -4.3M -- 455,480 -1.1M -173,992 -1.9M --
Depreciation And Amortization 53,369 -- -- -- 0.00 -- --
Depreciation Amortization Depletion 53,369 -- -- -- 0.00 -- --
Stock Based Compensation 785,364 -- 65,009 6,890 0.00 0.00 --
Deferred Tax 2.8M -- -149,254 -172,459 895,724 2.0M --
Deferred Income Tax 2.8M -- -149,254 -172,459 895,724 2.0M --
Change In Working Capital -3.4M -- 1.8M 412,505 602,049 -1.3M --
Changes In Account Receivables -- -- 3.3M 526,620 -474,130 -35,797 2,212
Change In Receivables -434,703 -- 3.2M 569,810 69,337 -615,801 --
Change In Payables And Accrued Expense -3.0M -- -1.5M -148,604 958,456 -1.3M --
Other Non Cash Items -2.9M -- -364,734 -486,313 -1.5M -- --
Sale Of Business -- -- -- 0.00 0.00 -- --
Purchase Of Investment -- -- -- 0.00 0.00 -- --
Sale Of Investment 0.00 -- -- -- -- -- --
Net Investment Purchase And Sale 0.00 -- -- 0.00 0.00 -- --
Investing Cash Flow -12.2M -- -1.1M -2.1M -12.5M -3.2M --
Cash Flow From Continuing Investing Activities -12.2M -- -1.1M -2.1M -12.5M -3.2M --
Repayment Of Debt -65,722 -- -- -- 0.00 -- --
Net Issuance Payments Of Debt -65,722 -- -- -- 0.00 -- --
Issuance Of Capital Stock 1.1M -- 24.2M 10.0M 0.00 20.9M --
Net Common Stock Issuance 1.1M -- 24.2M 10.0M 0.00 20.9M --
Financing Cash Flow 3.5M -- 24.8M 9.3M 0.00 19.3M --
Cash Flow From Continuing Financing Activities 3.5M -- 24.8M 9.3M 0.00 19.3M --
Changes In Cash -13.0M -- 24.1M 6.1M -12.7M 14.3M --
Beginning Cash Position 49.1M -- 9.4M 3.3M 16.0M 1.7M --
End Cash Position 36.1M -- 33.5M 9.4M 3.3M 16.0M --
Free Cash Flow -4.3M -- 455,480 -1.1M -173,992 -1.9M --
Income Tax Paid Supplemental Data 0.00 -- -- -- 0.00 -- --
Interest Paid Supplemental Data 0.00 -- -- -- 0.00 -- --
Change In Prepaid Assets 108,756 -- 58,284 -8,701 -425,744 668,301 --
Common Stock Issuance 1.1M -- 24.2M 10.0M 0.00 20.9M --
Interest Received Cfi -- -- -369.00 -- -- -- 0.00
Long Term Debt Payments -65,722 -- -- -- 0.00 -- --
Net Business Purchase And Sale -- -- -- 0.00 0.00 -- --
Net Income From Continuing Operations -2.3M -- -880,129 -874,560 -152,039 1.0M --
Net Long Term Debt Issuance -65,722 -- -- -- 0.00 -- --
Net Other Financing Charges -11,622 -- -139,082 -671,704 0.00 -- --
Net Other Investing Changes -12.2M -- -1.1M -2.1M -12.5M -3.1M --
Proceeds From Stock Option Exercised 2.5M -- 778,029 0.00 0.00 0.00 --
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