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T2 Metals Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Apr 30, 2025 FY 2024Apr 30, 2024 FY 2023Apr 30, 2023 FY 2022Apr 30, 2022 FY 2021Apr 30, 2021
Total Revenue 0.00 0.00 0.00 0.00 --
Operating Revenue 0.00 0.00 0.00 0.00 --
Selling General And Administration 915,189 364,852 432,326 494,537 --
General And Administrative Expense 915,189 364,852 432,326 494,537 --
Research And Development 96,741 63,622 5,604 5,291 --
Other Operating Expenses 363,574 192,042 317,290 256,131 --
Operating Expense 1.3M 576,176 749,616 755,959 --
Operating Income -1.3M -576,176 -749,616 -755,959 --
EBIT -1.3M -576,176 -749,616 -755,959 --
Interest Expense -- -- -- 0.00 1,373
Interest Expense Non Operating -- -- -- 0.00 1,373
Interest Income 84,144 45,980 60,496 13,956 --
Interest Income Non Operating 84,144 45,980 60,496 13,956 --
Net Interest Income 84,144 45,980 60,496 13,956 --
Other Income Expense 148,463 124,286 8,850 -527,950 --
Other Non Operating Income Expenses 155,650 121,782 5,665 -- --
Special Income Charges -- -- 0.00 -536,240 0.00
Gain On Sale Of Security -7,187 2,504 3,185 8,290 --
Pretax Income -1.0M -405,910 -680,270 -1.3M --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -1.0M -405,910 -680,270 -1.3M --
Net Income From Continuing Operation Net Minority Interest -1.0M -405,910 -680,270 -1.3M --
Net Income Including Noncontrolling Interests -1.0M -405,910 -680,270 -1.3M --
Net Income Common Stockholders -1.0M -405,910 -680,270 -1.3M --
Net Income -1.0M -405,910 -680,270 -1.3M --
EBITDA -1.3M -576,176 -749,616 -755,959 --
Normalized EBITDA -1.3M -578,680 -752,801 -228,009 --
Basic EPS -- -0.01 -0.03 -0.06 -0.06
Diluted EPS -- -0.01 -0.03 -0.06 -0.06
Basic Average Shares -- 28.9M 26.6M 22.3M 14.7M
Diluted Average Shares -- 28.9M 26.6M 22.3M 14.7M
Total Unusual Items -7,187 2,504 3,185 -527,950 --
Total Unusual Items Excluding Goodwill -7,187 2,504 3,185 -527,950 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 --
Normalized Income -1.0M -408,414 -683,455 -742,003 --
Diluted NI Availto Com Stockholders -1.0M -405,910 -680,270 -1.3M --
Impairment Of Capital Assets -- -- 0.00 536,240 0.00
Insurance And Claims -- -- 0.00 3,870 8,102
Net Income Continuous Operations -1.0M -405,910 -680,270 -1.3M --
Net Non Operating Interest Income Expense 84,144 45,980 60,496 13,956 --
Other Gand A 205,889 160,852 212,688 254,104 --
Other Taxes 0.00 19,282 0.00 -- --
Salaries And Wages 709,300 204,000 219,638 236,563 --
Total Expenses 1.3M 576,176 749,616 755,959 --
Total Operating Income As Reported -- -556,894 -749,616 -755,959 -845,343
Line Item FY 2025Apr 30, 2025 FY 2024Apr 30, 2024 FY 2023Apr 30, 2023 FY 2022Apr 30, 2022 FY 2021Apr 30, 2021
Cash And Cash Equivalents 1.2M 385,127 1.5M 1.8M --
Cash Cash Equivalents And Short Term Investments 1.2M 385,127 1.5M 1.8M --
Cash Financial 1.2M 385,127 1.5M 1.8M --
Receivables 62,905 6,194 12,875 10,109 --
Prepaid Assets 38,511 48,319 39,780 44,043 --
Current Assets 1.3M 439,640 1.5M 1.8M --
Gross PPE -- -- 1.3M -- --
Accumulated Depreciation -- -- -8,274 -- --
Net PPE 4.0M 2.1M 1.3M 316,151 --
Investments And Advances -- -- -- 4,513 0.00
Other Non Current Assets 34,196 34,032 33,616 -- --
Total Non Current Assets 4.1M 2.2M 1.4M 320,664 --
Total Assets 5.3M 2.6M 2.9M 2.2M --
Accounts Payable -- -- -- -- 141,473
Payables -- -- -- -- 141,473
Payables And Accrued Expenses 288,958 611,988 378,246 258,775 --
Current Accrued Expenses -- -- -- -- 0.00
Other Current Liabilities 400,000 -- 121,782 -- --
Current Liabilities 688,958 611,988 500,028 258,775 --
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 --
Total Liabilities Net Minority Interest 688,958 611,988 500,028 258,775 --
Common Stock 34.3M 31.0M 31.0M 30.0M --
Capital Stock 34.3M 31.0M 31.0M 30.0M --
Retained Earnings -32.1M -31.1M -30.7M -30.0M --
Common Stock Equity 4.7M 2.0M 2.4M 1.9M --
Stockholders Equity 4.7M 2.0M 2.4M 1.9M --
Total Equity Gross Minority Interest 4.7M 2.0M 2.4M 1.9M --
Total Capitalization 4.7M 2.0M 2.4M 1.9M --
Net Tangible Assets 4.7M 2.0M 2.4M 1.9M --
Tangible Book Value 4.7M 2.0M 2.4M 1.9M --
Working Capital 589,465 -172,348 1.0M 1.6M --
Invested Capital 4.7M 2.0M 2.4M 1.9M --
Share Issued 42.0M 28.9M 28.9M 24.0M --
Ordinary Shares Number 42.0M 28.9M 28.9M 24.0M --
Available For Sale Securities -- -- -- 4,513 --
Current Deferred Liabilities -- -- -- -- 0.00
Interest Payable -- -- -- -- 0.00
Investmentin Financial Assets -- -- -- 4,513 0.00
Non Current Note Receivables -- -- -- 4,513 0.00
Non Current Prepaid Assets 34,196 34,032 33,616 -- --
Other Equity Interest 2.5M 2.0M 2.0M 1.9M --
Other Properties -- -- 1.3M -- --
Taxes Receivable 62,905 6,194 12,875 10,109 --
Line Item FY 2025Apr 30, 2025 FY 2024Apr 30, 2024 FY 2023Apr 30, 2023 FY 2022Apr 30, 2022 FY 2021Apr 30, 2021
Operating Cash Flow -761,825 -360,768 -478,748 -423,089 --
Cash Flow From Continuing Operating Activities -761,825 -360,768 -478,748 -423,089 --
Stock Based Compensation 498,300 0.00 67,900 102,200 --
Change In Working Capital -58,155 167,340 139,838 208,424 --
Change In Receivables -56,711 6,681 -2,766 5,392 --
Change In Payables And Accrued Expense -11,252 169,198 138,341 88,222 --
Other Non Cash Items -155,650 -121,782 -5,665 -- 1,373
Capital Expenditure -1.8M -717,960 -1.0M -308,152 --
Purchase Of PPE -- 0.00 -76,273 0.00 -509,197
Net PPE Purchase And Sale -- 0.00 -76,273 0.00 -509,197
Purchase Of Investment -- 0.00 -28,552 -4,513 0.00
Net Investment Purchase And Sale -- 0.00 -28,552 -4,513 0.00
Investing Cash Flow -1.8M -717,960 -1.0M -312,665 --
Cash Flow From Continuing Investing Activities -1.8M -717,960 -1.0M -312,665 --
Issuance Of Capital Stock 3.5M 0.00 1.3M 753,250 --
Net Common Stock Issuance 3.5M 0.00 1.3M 753,250 --
Financing Cash Flow 3.4M 0.00 1.2M 742,398 --
Cash Flow From Continuing Financing Activities 3.4M 0.00 1.2M 742,398 --
Changes In Cash 791,880 -1.1M -319,060 6,644 --
Beginning Cash Position 385,127 1.5M 1.8M 1.8M --
End Cash Position 1.2M 385,127 1.5M 1.8M --
Free Cash Flow -2.6M -1.1M -1.5M -731,241 --
Asset Impairment Charge -- -- 0.00 536,240 0.00
Capital Expenditure Reported -1.8M -717,960 -944,003 -308,152 --
Change In Prepaid Assets 9,808 -8,539 4,263 114,810 --
Common Stock Issuance 3.5M 0.00 1.3M 753,250 --
Net Foreign Currency Exchange Gain Loss -164.00 -416.00 -551.00 0.00 --
Net Income From Continuing Operations -1.0M -405,910 -680,270 -1.3M --
Net Other Financing Charges -102,641 -- -42,450 -10,852 -169,215
Net Other Investing Changes -- -- -- -308,152 -509,197
Operating Gains Losses -164.00 -416.00 -551.00 -- --
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