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T2 Metals Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Total Revenue 0.00 -- 0.00 0.00 0.00
Operating Revenue 0.00 -- 0.00 0.00 0.00
Selling General And Administration 159,427 -- 75,412 103,817 622,374
General And Administrative Expense 137,473 -- 75,412 103,817 622,374
Research And Development -- -- 16,825 800.00 37,569
Other Operating Expenses 111,365 -- 104,950 88,188 100,624
Operating Expense 270,792 -- 178,024 192,805 722,998
Operating Income -270,792 -- -178,024 -192,805 -722,998
EBIT -270,792 -- -178,024 -192,805 -722,998
Interest Income 5,687 -- 11,746 20,254 29,015
Interest Income Non Operating 5,687 -- 11,746 20,254 29,015
Net Interest Income 5,687 -- 11,746 20,254 29,015
Other Income Expense -3,352 -- 25,343 68,028 33,476
Other Non Operating Income Expenses -- -- 34,246 66,504 33,492
Gain On Sale Of Security -3,352 -- -8,903 1,524 -16.00
Pretax Income -268,457 -- -140,935 -104,523 -660,507
Tax Effect Of Unusual Items 0.00 -- 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -268,457 -- -140,935 -104,523 -660,507
Net Income From Continuing Operation Net Minority Interest -268,457 -- -140,935 -104,523 -660,507
Net Income Including Noncontrolling Interests -268,457 -- -140,935 -104,523 -660,507
Net Income Common Stockholders -268,457 -- -140,935 -104,523 -660,507
Net Income -268,457 -- -140,935 -104,523 -660,507
EBITDA -270,792 -- -178,024 -192,805 -722,998
Normalized EBITDA -267,440 -- -169,121 -194,329 -722,982
Basic EPS -0.01 -- -- 0.00 -0.02
Diluted EPS -0.01 -- -- 0.00 -0.02
Basic Average Shares 42.2M -- -- 41.8M 40.4M
Diluted Average Shares 42.2M -- -- 41.8M 40.4M
Total Unusual Items -3,352 -- -8,903 1,524 -16.00
Total Unusual Items Excluding Goodwill -3,352 -- -8,903 1,524 -16.00
Tax Rate For Calcs 0.00 -- 0.00 0.00 0.00
Normalized Income -265,105 -- -132,032 -106,047 -660,491
Diluted NI Availto Com Stockholders -268,457 -- -140,935 -104,523 -660,507
Net Income Continuous Operations -268,457 -- -140,935 -104,523 -660,507
Net Non Operating Interest Income Expense 5,687 -- 11,746 20,254 29,015
Other Gand A 83,473 -- 34,808 36,131 72,364
Salaries And Wages 54,000 -- 40,604 67,686 550,010
Selling And Marketing Expense 21,954 -- -- -- 0.00
Total Expenses 270,792 -- 178,024 192,805 722,998
Total Operating Income As Reported -270,792 -- -- -- -722,998
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Cash And Cash Equivalents 474,122 -- 1.2M 1.9M 1.9M
Cash Cash Equivalents And Short Term Investments 474,122 -- 1.2M 1.9M 1.9M
Cash Financial 474,122 -- 1.2M 1.9M 1.9M
Receivables 21,473 -- 62,905 18,852 48,113
Prepaid Assets -- -- 38,511 -- --
Other Current Assets 59,085 -- -- 50,803 70,050
Current Assets 554,680 -- 1.3M 1.9M 2.0M
Gross PPE 4.4M -- -- 3.5M 3.1M
Net PPE 4.4M -- 4.0M 3.5M 3.1M
Investments And Advances 34,706 -- -- -- --
Other Non Current Assets -- -- 34,196 -- --
Total Non Current Assets 4.5M -- 4.1M 3.5M 3.1M
Total Assets 5.0M -- 5.3M 5.5M 5.1M
Payables And Accrued Expenses 212,254 -- 288,958 665,248 644,454
Other Current Liabilities 400,000 -- 400,000 34,246 --
Current Liabilities 212,254 -- 688,958 699,494 644,454
Other Non Current Liabilities 400,000 -- -- -- --
Total Non Current Liabilities Net Minority Interest 400,000 -- 0.00 0.00 0.00
Total Liabilities Net Minority Interest 612,254 -- 688,958 699,494 644,454
Common Stock 34.5M -- 34.3M 34.3M 33.9M
Capital Stock 34.5M -- 34.3M 34.3M 33.9M
Retained Earnings -32.6M -- -32.1M -32.0M -31.9M
Common Stock Equity 4.4M -- 4.7M 4.8M 4.5M
Stockholders Equity 4.4M -- 4.7M 4.8M 4.5M
Total Equity Gross Minority Interest 4.4M -- 4.7M 4.8M 4.5M
Total Capitalization 4.4M -- 4.7M 4.8M 4.5M
Net Tangible Assets 4.4M -- 4.7M 4.8M 4.5M
Tangible Book Value 4.4M -- 4.7M 4.8M 4.5M
Working Capital 342,426 -- 589,465 1.2M 1.4M
Invested Capital 4.4M -- 4.7M 4.8M 4.5M
Share Issued 42.6M -- 42.0M 42.0M 41.9M
Ordinary Shares Number 42.6M -- 42.0M 42.0M 41.9M
Available For Sale Securities 34,706 -- -- -- --
Investmentin Financial Assets 34,706 -- -- -- --
Non Current Prepaid Assets 34,706 34,275 34,196 35,859 34,454
Other Equity Interest 2.5M -- 2.5M 2.5M 2.5M
Other Properties 4.4M -- -- 3.5M 3.1M
Taxes Receivable 21,473 -- 62,905 18,852 48,113
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Operating Cash Flow -339,809 -- -287,876 -115,090 -212,533
Cash Flow From Continuing Operating Activities -339,809 -- -287,876 -115,090 -212,533
Stock Based Compensation -- -- 0.00 0.00 --
Change In Working Capital -70,921 -- -114,358 57,342 -16,568
Change In Receivables -12,784 -- -44,053 29,261 -30,826
Change In Payables And Accrued Expense -24,774 -- -82,597 8,834 5,392
Other Non Cash Items -- -- -34,246 -66,504 -33,492
Capital Expenditure -- -- -408,464 -424,945 -816,054
Investing Cash Flow -185,204 -- -408,464 -424,945 -816,054
Cash Flow From Continuing Investing Activities -185,204 -- -408,464 -424,945 -816,054
Issuance Of Capital Stock 35,000 -- 0.00 527,000 33,600
Net Common Stock Issuance 35,000 -- 0.00 527,000 33,600
Financing Cash Flow 35,000 -- 0.00 493,035 33,600
Cash Flow From Continuing Financing Activities 35,000 -- 0.00 493,035 33,600
Changes In Cash -490,013 -- -696,340 -47,000 -994,987
Beginning Cash Position 964,135 -- 1.9M 1.9M 2.9M
End Cash Position 474,122 -- 1.2M 1.9M 1.9M
Free Cash Flow -714,139 -- -696,340 -540,035 -1.2M
Capital Expenditure Reported -- -- -408,464 -424,945 -816,054
Change In Prepaid Assets -33,363 -- 12,292 19,247 8,866
Common Stock Issuance 35,000 -- 0.00 527,000 33,600
Net Foreign Currency Exchange Gain Loss -431.00 -- 1,663 -1,405 -266.00
Net Income From Continuing Operations -268,457 -- -140,935 -104,523 -660,507
Net Other Financing Charges -- -- 0.00 -33,965 0.00
Operating Gains Losses -431.00 -- 1,663 -1,405 -266.00
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