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Tectonic Metals Inc.

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 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Cost Of Revenue 3,654 14,736 37,082 43,769
Gross Profit -3,654 -14,736 -37,082 -43,769
Selling General And Administration 1.3M 1.3M 1.1M 1.8M
General And Administrative Expense 1.3M 1.3M 1.1M 1.5M
Research And Development 423,626 294,366 265,645 --
Other Operating Expenses 3.4M 8.0M 2.4M 7.3M
Operating Expense 5.1M 9.5M 3.8M 9.2M
Operating Income -5.1M -9.6M -3.8M -9.2M
EBIT -5.1M -9.6M -4.0M -9.4M
Interest Expense 0.00 207.00 2,523 5,626
Interest Expense Non Operating 0.00 207.00 2,523 5,626
Interest Income 27,346 31,777 0.00 --
Interest Income Non Operating 27,346 31,777 0.00 --
Net Interest Income 27,346 31,570 -2,523 -5,626
Other Income Expense -22,712 -71,598 -180,773 -185,414
Other Non Operating Income Expenses -- -- 65,341 --
Special Income Charges 0.00 -60,062 -249,485 -135,564
Gain On Sale Of Security -22,712 -11,536 3,371 -49,850
Pretax Income -5.1M -9.6M -4.0M -9.4M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -5.1M -9.6M -4.0M -9.4M
Net Income From Continuing Operation Net Minority Interest -5.1M -9.6M -4.0M -9.4M
Net Income Including Noncontrolling Interests -5.1M -9.6M -4.0M -9.4M
Net Income Common Stockholders -5.1M -9.6M -4.0M -9.4M
Net Income -5.1M -9.6M -4.0M -9.4M
EBITDA -5.1M -9.6M -4.0M -9.3M
Normalized EBITDA -5.1M -9.5M -3.7M -9.2M
Reconciled Depreciation 3,654 14,736 37,082 43,769
Basic EPS -0.10 -0.30 -0.20 -0.70
Diluted EPS -0.10 -0.30 -0.20 -0.70
Basic Average Shares 35.7M 27.5M 18.9M 12.7M
Diluted Average Shares 35.7M 27.5M 18.9M 12.7M
Total Unusual Items -22,712 -71,598 -246,114 -185,414
Total Unusual Items Excluding Goodwill -22,712 -71,598 -246,114 -185,414
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -5.1M -9.5M -3.8M -9.2M
Diluted NI Availto Com Stockholders -5.1M -9.6M -4.0M -9.4M
Gain On Sale Of Ppe 0.00 -6,101 0.00 --
Impairment Of Capital Assets 0.00 53,961 249,485 135,564
Insurance And Claims 48,115 60,040 68,690 51,729
Net Income Continuous Operations -5.1M -9.6M -4.0M -9.4M
Net Non Operating Interest Income Expense 27,346 31,570 -2,523 -5,626
Other Gand A 407,604 491,654 469,325 514,374
Provision For Doubtful Accounts -- -- -65,341 0.00
Reconciled Cost Of Revenue 3,654 14,736 37,082 43,769
Salaries And Wages 836,311 704,978 591,997 983,182
Selling And Marketing Expense -- -- 441,073 254,607
Total Expenses 5.1M 9.6M 3.8M 9.2M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 2.0M 2.4M 2.6M 1.1M
Cash Cash Equivalents And Short Term Investments 2.0M 2.4M 2.6M 1.1M
Cash Financial -- 2.4M 2.6M 1.1M
Accounts Receivable 12,902 29,836 6,340 16,061
Receivables 12,902 29,836 6,340 16,061
Prepaid Assets 631,264 334,180 205,316 65,148
Current Assets 2.6M 2.7M 2.8M 1.2M
Gross PPE 1.2M 1.0M 743,524 853,188
Accumulated Depreciation -45,708 -42,054 -137,987 -100,905
Net PPE 1.2M 999,912 605,537 752,283
Total Non Current Assets 1.2M 999,912 605,537 752,283
Total Assets 3.8M 3.7M 3.4M 1.9M
Current Debt And Capital Lease Obligation -- -- 9,918 27,853
Accounts Payable 245,151 666,515 408,796 298,017
Payables 435,420 748,592 408,796 298,017
Payables And Accrued Expenses 435,420 748,592 408,796 298,017
Current Liabilities 435,420 748,592 418,714 325,870
Long Term Debt And Capital Lease Obligation -- -- -- 9,918
Long Term Capital Lease Obligation -- -- 0.00 9,918
Total Non Current Liabilities Net Minority Interest 390,642 348,258 0.00 9,918
Total Liabilities Net Minority Interest 826,062 1.1M 418,714 335,788
Common Stock 38.1M 34.2M 27.3M 23.7M
Capital Stock 38.1M 34.2M 27.3M 23.7M
Retained Earnings -43.9M -38.8M -29.2M -25.2M
Gains Losses Not Affecting Retained Earnings 8.7M 7.3M 4.8M 3.1M
Common Stock Equity 3.0M 2.6M 3.0M 1.6M
Stockholders Equity 3.0M 2.6M 3.0M 1.6M
Total Equity Gross Minority Interest 3.0M 2.6M 3.0M 1.6M
Total Capitalization 3.0M 2.6M 3.0M 1.6M
Net Tangible Assets 3.0M 2.6M 3.0M 1.6M
Tangible Book Value 3.0M 2.6M 3.0M 1.6M
Working Capital 2.2M 2.0M 2.3M 829,407
Invested Capital 3.0M 2.6M 3.0M 1.6M
Total Debt -- 0.00 9,918 37,771
Share Issued 42.0M 33.1M 24.0M 16.2M
Ordinary Shares Number 42.0M 33.1M 24.0M 16.2M
Capital Lease Obligations -- 0.00 9,918 37,771
Current Capital Lease Obligation -- 0.00 9,918 27,853
Dueto Related Parties Current 190,269 82,077 -- --
Long Term Provisions 390,642 348,258 -- --
Machinery Furniture Equipment 34,975 27,495 60,802 55,174
Other Properties -- 86,893 86,893 85,300
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -5.1M -9.3M -3.6M -8.8M
Cash Flow From Continuing Operating Activities -5.1M -9.3M -3.6M -8.8M
Depreciation And Amortization 3,654 14,736 37,082 43,769
Depreciation Amortization Depletion 3,654 14,736 37,082 43,769
Stock Based Compensation 348,020 195,691 96,762 305,214
Change In Working Capital -561,219 121,114 53,561 75,030
Change In Receivables 16,934 -23,496 9,721 -7,619
Change In Payables And Accrued Expense -281,069 282,189 167,082 54,975
Change In Payable -- -- -- 54,975
Other Non Cash Items 11,197 207.00 -62,818 5,155
Capital Expenditure -167,262 -156,788 -139,821 -303,034
Purchase Of PPE -7,480 0.00 -7,221 -11,636
Net PPE Purchase And Sale -7,480 3,430 -7,221 -11,636
Investing Cash Flow -167,262 -153,358 -139,821 -303,034
Cash Flow From Continuing Investing Activities -167,262 -153,358 -139,821 -303,034
Repayment Of Debt 0.00 -10,125 -30,376 -29,985
Net Issuance Payments Of Debt 0.00 -10,125 -30,376 -29,985
Issuance Of Capital Stock 5.3M 8.2M 5.5M 7.2M
Net Common Stock Issuance 5.3M 8.2M 5.5M 7.2M
Financing Cash Flow 4.9M 9.2M 5.3M 6.8M
Cash Flow From Continuing Financing Activities 4.9M 9.2M 5.3M 6.8M
Effect Of Exchange Rate Changes -- -- 322.00 -843.00
Changes In Cash -409,886 -170,835 1.5M -2.3M
Beginning Cash Position 2.4M 2.6M 1.1M 3.4M
End Cash Position 2.0M 2.4M 2.6M 1.1M
Free Cash Flow -5.3M -9.4M -3.8M -9.1M
Income Tax Paid Supplemental Data 0.00 0.00 0.00 0.00
Interest Paid Supplemental Data 0.00 207.00 2,523 5,155
Asset Impairment Charge 152,697 53,961 249,485 135,564
Capital Expenditure Reported -159,782 -156,788 -132,600 -291,398
Change In Prepaid Assets -297,084 -137,579 -123,242 27,674
Common Stock Issuance 5.3M 8.2M 5.5M 7.2M
Depreciation 3,654 14,736 37,082 43,769
Gain Loss On Sale Of PPE 0.00 6,101 0.00 --
Long Term Debt Payments 0.00 -10,125 -30,376 -29,985
Net Foreign Currency Exchange Gain Loss 31,187 -58,558 -7,888 843.00
Net Income From Continuing Operations -5.1M -9.6M -4.0M -9.4M
Net Long Term Debt Issuance 0.00 -10,125 -30,376 -29,985
Net Other Financing Charges -486,557 -561,011 -212,493 -371,904
Operating Gains Losses 31,187 -52,457 -7,888 843.00
Proceeds From Stock Option Exercised 0.00 1.6M 37,825 0.00
Sale Of PPE 0.00 3,430 0.00 --
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