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Tier One Silver Inc.

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 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Selling General And Administration 284,481 286,097 335,395 457,484 422,125
General And Administrative Expense 275,423 269,879 277,985 301,709 314,742
Other Operating Expenses 174,631 146,974 176,065 403,827 407,348
Operating Expense 459,112 433,071 511,460 861,311 829,473
Operating Income -459,112 -433,071 -511,460 -861,311 -829,473
EBIT -457,303 -543,765 -511,460 -861,311 -840,323
Interest Expense 4,192 583.00 -- -- 0.00
Interest Expense Non Operating 4,192 583.00 -- -- 0.00
Interest Income 1,255 1,271 1,845 2,246 10,527
Interest Income Non Operating 1,255 1,271 1,845 2,246 10,527
Net Interest Income -2,937 688.00 1,845 2,246 10,527
Other Income Expense 554.00 -111,965 -9,637 26,261 -21,377
Special Income Charges 7,949 -95,794 0.00 -271,795 -2,827
Write Off -13,566 -- -- -- --
Gain On Sale Of Security -8,519 -13,391 -8,975 287,633 -7,762
Earnings From Equity Interest 1,124 -2,780 -662.00 10,423 -10,788
Pretax Income -461,495 -544,348 -519,252 -832,804 -840,323
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -461,495 -544,348 -519,252 -832,804 -840,323
Net Income From Continuing Operation Net Minority Interest -461,495 -544,348 -519,252 -832,804 -840,323
Net Income Including Noncontrolling Interests -461,495 -544,348 -519,252 -832,804 -840,323
Net Income Common Stockholders -461,495 -544,348 -519,252 -832,804 -840,323
Net Income -461,495 -544,348 -519,252 -832,804 -840,323
EBITDA -457,303 -543,765 -511,460 -858,589 -837,667
Normalized EBITDA -456,733 -434,580 -502,485 -874,427 -827,078
Reconciled Depreciation 0.00 0.00 0.00 2,722 2,656
Basic EPS 0.00 0.00 0.00 -- 0.00
Diluted EPS 0.00 0.00 0.00 -- 0.00
Basic Average Shares 191.0M 176.1M 176.1M -- 170.9M
Diluted Average Shares 191.0M 176.1M 176.1M -- 170.9M
Total Unusual Items -570.00 -109,185 -8,975 15,838 -10,589
Total Unusual Items Excluding Goodwill -570.00 -109,185 -8,975 15,838 -10,589
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -460,925 -435,163 -510,277 -848,642 -829,734
Diluted NI Availto Com Stockholders -461,495 -544,348 -519,252 -832,804 -840,323
Gain On Sale Of Business 0.00 -95,794 -- -- 0.00
Impairment Of Capital Assets 0.00 0.00 0.00 29,695 0.00
Net Income Continuous Operations -461,495 -544,348 -519,252 -832,804 -840,323
Net Non Operating Interest Income Expense -2,937 688.00 1,845 2,246 10,527
Other Gand A 64,050 54,736 50,634 74,975 89,637
Other Special Charges 5,617 -- -- -- 2,827
Salaries And Wages 211,373 215,143 227,351 226,734 225,105
Selling And Marketing Expense 9,058 16,218 57,410 155,775 107,383
Total Expenses 459,112 433,071 511,460 861,311 829,473
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 4.7M 170,370 222,459 171,294 314,881
Cash Cash Equivalents And Short Term Investments 4.7M 170,370 222,459 171,294 314,881
Cash Financial 4.7M 170,370 222,459 171,294 314,881
Accounts Receivable 23,473 4,461 5,035 31,562 9,005
Receivables 23,473 4,461 5,035 31,562 51,361
Prepaid Assets 116,294 101,058 94,775 -- 232,864
Other Current Assets -- -- 45,691 206,945 --
Current Assets 4.8M 275,889 367,960 409,801 599,106
Gross PPE -- -- -- 1.4M 1.4M
Net PPE 1.4M 1.4M 1.4M 1.4M 1.4M
Investments And Advances 98,270 97,146 99,926 100,588 90,165
Long Term Equity Investment 98,270 97,146 99,926 100,588 90,165
Total Non Current Assets 1.5M 1.5M 1.5M 1.5M 1.5M
Total Assets 6.3M 1.8M 1.9M 2.0M 2.1M
Current Debt -- 175,583 -- -- --
Current Debt And Capital Lease Obligation -- 175,583 -- -- --
Accounts Payable -- 500,493 -- -- --
Payables -- 1.2M -- -- --
Payables And Accrued Expenses 557,697 1.2M 1.2M 955,829 612,132
Other Current Liabilities -- 119,008 -- -- --
Current Liabilities 557,697 1.6M 1.2M 955,829 820,170
Total Non Current Liabilities Net Minority Interest 397,838 384,331 529,910 500,193 161,576
Total Liabilities Net Minority Interest 955,535 2.0M 1.7M 1.5M 981,746
Common Stock 37.7M 31.9M 31.9M 31.6M 31.6M
Capital Stock 37.7M 31.9M 31.9M 31.6M 31.6M
Retained Earnings -37.6M -37.1M -36.6M -36.0M -35.2M
Gains Losses Not Affecting Retained Earnings 5.3M 4.9M 4.8M 4.8M -125,061
Other Equity Adjustments 5.3M 4.9M 4.8M 4.8M -125,061
Common Stock Equity 5.4M -256,015 193,192 502,979 1.1M
Stockholders Equity 5.4M -256,015 193,192 502,979 1.1M
Total Equity Gross Minority Interest 5.4M -256,015 193,192 502,979 1.1M
Total Capitalization 5.4M -256,015 193,192 502,979 1.1M
Net Tangible Assets 5.4M -256,015 193,192 502,979 1.1M
Tangible Book Value 5.4M -256,015 193,192 502,979 1.1M
Working Capital 4.2M -1.4M -824,596 -546,028 -221,064
Invested Capital 5.4M -80,432 193,192 502,979 1.1M
Total Debt -- 175,583 -- -- --
Net Debt -- 5,213 -- -- --
Share Issued 258.7M 176.2M 176.2M 171.0M 171.0M
Ordinary Shares Number 258.7M 176.2M 176.2M 171.0M 171.0M
Current Notes Payable -- 175,583 -- -- --
Current Provisions -- 141,302 -- -- 208,038
Duefrom Related Parties Current -- -- -- -- 42,356
Dueto Related Parties Current -- 708,722 -- -- --
Long Term Provisions 397,838 384,331 399,266 394,050 161,576
Non Current Accrued Expenses 0.00 0.00 130,644 106,143 0.00
Other Equity Interest -- -- -- 163,584 4.9M
Other Properties -- -- -- 1.4M 1.4M
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 -1.3M -345,969 -157,775 -299,469 -697,729
Cash Flow From Continuing Operating Activities -1.3M -345,969 -157,775 -299,469 -697,729
Depreciation And Amortization 0.00 0.00 0.00 2,722 2,656
Depreciation Amortization Depletion 0.00 0.00 0.00 2,722 2,656
Stock Based Compensation 1,304 2,409 8,883 20,027 41,878
Change In Working Capital -825,598 87,218 348,090 522,044 94,712
Change In Receivables -18,789 -198.00 26,468 -20,212 3,050
Change In Payables And Accrued Expense -806,399 51,567 255,256 434,844 134,121
Other Non Cash Items 8,554 4,814 3,718 703.00 -7,700
Purchase Of PPE -- -- -- 0.00 0.00
Net PPE Purchase And Sale -- -- -- 0.00 0.00
Investing Cash Flow 1,255 1,271 1,845 2,246 10,527
Cash Flow From Continuing Investing Activities 1,255 1,271 1,845 2,246 10,527
Issuance Of Debt 0.00 175,000 -- -- 0.00
Repayment Of Debt -179,775 -- -- -- 0.00
Net Issuance Payments Of Debt -179,775 175,000 -- -- 0.00
Issuance Of Capital Stock 6.1M 119,008 207,139 -12,968 0.00
Repurchase Of Capital Stock -119,008 -- -- -- 0.00
Net Common Stock Issuance 6.0M 119,008 207,139 -12,968 0.00
Common Stock Payments -119,008 -- -- -- 0.00
Financing Cash Flow 5.8M 294,008 207,139 150,616 25,000
Cash Flow From Continuing Financing Activities 5.8M 294,008 207,139 150,616 25,000
Effect Of Exchange Rate Changes 2,948 -1,399 -44.00 3,020 -1,239
Changes In Cash 4.5M -50,690 51,209 -146,607 -662,202
Beginning Cash Position 170,370 222,459 171,294 314,881 978,322
End Cash Position 4.7M 170,370 222,459 171,294 314,881
Free Cash Flow -1.3M -345,969 -157,775 -299,469 -697,729
Asset Impairment Charge -13,566 0.00 0.00 -6,278 0.00
Change In Prepaid Assets -410.00 35,849 66,366 107,412 -42,459
Common Stock Issuance 6.1M 119,008 207,139 -12,968 0.00
Depreciation 0.00 0.00 0.00 2,722 2,656
Earnings Losses From Equity Investments -1,124 2,780 662.00 -10,423 10,788
Gain Loss On Sale Of Business 0.00 95,794 -- -- 0.00
Interest Received Cfi 1,255 1,271 1,845 2,246 10,527
Net Foreign Currency Exchange Gain Loss -1,421 5,364 124.00 4,540 260.00
Net Income From Continuing Operations -461,495 -544,348 -519,252 -832,804 -840,323
Net Short Term Debt Issuance -179,775 175,000 -- -- 0.00
Operating Gains Losses -2,545 103,938 786.00 -5,883 11,048
Proceeds From Stock Option Exercised 0.00 0.00 -- 0.00 25,000
Provisionand Write Offof Assets 0.00 0.00 0.00 -- 0.00
Short Term Debt Issuance 0.00 175,000 -- -- 0.00
Short Term Debt Payments -179,775 -- -- -- 0.00
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