Visionary Copper and Gold Mines Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Cost Of Revenue | 19,306 | 22,246 | 64,288 | 65,834 | -- |
| Gross Profit | -19,306 | -22,246 | -64,288 | -65,834 | -- |
| Selling General And Administration | 954,515 | 1.2M | 1.5M | 956,955 | -- |
| General And Administrative Expense | 954,515 | 1.2M | 1.5M | 956,955 | -- |
| Other Operating Expenses | 333,756 | 516,462 | 1.3M | 707,165 | -- |
| Operating Expense | 1.3M | 1.7M | 2.8M | 1.7M | -- |
| Operating Income | -1.3M | -1.7M | -2.9M | -1.7M | -- |
| EBIT | -995,616 | -859,881 | -761,167 | 1.6M | -- |
| Interest Expense | 0.00 | 87.00 | 7,323 | 17,598 | -- |
| Interest Expense Non Operating | 0.00 | 87.00 | 7,323 | 17,598 | -- |
| Interest Income | 1,019 | 1,676 | 1,068 | 309.00 | -- |
| Interest Income Non Operating | 1,019 | 1,676 | 1,068 | 309.00 | -- |
| Net Interest Income | 1,019 | 1,589 | -6,255 | -17,289 | -- |
| Other Income Expense | 310,942 | 834,269 | 2.1M | 3.3M | -- |
| Other Non Operating Income Expenses | 102,808 | 850,153 | 2.1M | 2.3M | -- |
| Special Income Charges | 210,000 | -8,623 | -1,659 | 1.0M | -- |
| Gain On Sale Of Security | -1,866 | -7,261 | -19,584 | -8,111 | -- |
| Pretax Income | -995,616 | -859,968 | -768,490 | 1.6M | -- |
| Tax Provision | -77,723 | 141,447 | 507,831 | 1.5M | -- |
| Tax Effect Of Unusual Items | 16,248 | -2,383 | -8,497 | 259,974 | -- |
| Net Income From Continuing And Discontinued Operation | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| Net Income From Continuing Operation Net Minority Interest | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| Net Income Including Noncontrolling Interests | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| Net Income Common Stockholders | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| Net Income | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| EBITDA | -976,310 | -837,635 | -696,879 | 1.7M | -- |
| Normalized EBITDA | -1.2M | -821,751 | -675,636 | 668,585 | -- |
| Reconciled Depreciation | 19,306 | 22,246 | 64,288 | 65,834 | -- |
| Basic EPS | -0.05 | -0.06 | -0.08 | 0.00 | -- |
| Diluted EPS | -0.05 | -0.06 | -0.08 | 0.00 | -- |
| Basic Average Shares | 19.1M | 17.7M | 16.3M | 14.1M | -- |
| Diluted Average Shares | 19.1M | 17.7M | 16.3M | 14.5M | -- |
| Total Unusual Items | 208,134 | -15,884 | -21,243 | 991,889 | -- |
| Total Unusual Items Excluding Goodwill | 208,134 | -15,884 | -21,243 | 991,889 | -- |
| Tax Rate For Calcs | 0.08 | 0.15 | 0.40 | 0.26 | -- |
| Normalized Income | -1.1M | -987,914 | -1.3M | -690,864 | -- |
| Diluted NI Availto Com Stockholders | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| Gain On Sale Of Ppe | -- | 0.00 | -1,659 | 1.0M | 0.00 |
| Impairment Of Capital Assets | 20,000 | 8,623 | 0.00 | 0.00 | -- |
| Net Income Continuous Operations | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| Net Non Operating Interest Income Expense | 1,019 | 1,589 | -6,255 | -17,289 | -- |
| Other Gand A | 662,644 | 869,283 | 973,632 | 601,957 | -- |
| Other Special Charges | -230,000 | -- | -- | -- | -- |
| Reconciled Cost Of Revenue | 19,306 | 22,246 | 64,288 | 65,834 | -- |
| Salaries And Wages | 291,871 | 287,835 | 556,974 | 354,998 | -- |
| Total Expenses | 1.3M | 1.7M | 2.9M | 1.7M | -- |
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 53,530 | 1.4M | 2.2M | 994,543 | -- |
| Cash Cash Equivalents And Short Term Investments | 53,530 | 1.4M | 2.2M | 994,543 | -- |
| Cash Financial | 53,530 | 1.4M | 2.2M | 994,543 | -- |
| Accounts Receivable | -- | -- | -- | -- | 128,351 |
| Receivables | 47,377 | 129,834 | 85,559 | 114,934 | -- |
| Prepaid Assets | -- | -- | -- | 238,955 | 200,090 |
| Other Current Assets | 110,750 | 366,595 | 113,335 | 238,955 | -- |
| Current Assets | 211,657 | 1.9M | 2.3M | 1.3M | -- |
| Gross PPE | 43.7M | 42.1M | 40.2M | 34.7M | -- |
| Accumulated Depreciation | -289,255 | -269,948 | -442,992 | -387,845 | -- |
| Net PPE | 43.4M | 41.8M | 39.7M | 34.3M | -- |
| Total Non Current Assets | 43.4M | 41.8M | 39.7M | 34.3M | -- |
| Total Assets | 43.6M | 43.7M | 42.1M | 35.7M | -- |
| Current Debt | -- | -- | 40,000 | -- | -- |
| Current Debt And Capital Lease Obligation | -- | -- | 45,213 | 56,270 | 46,069 |
| Accounts Payable | 948,602 | 1.1M | 372,184 | 601,987 | -- |
| Payables | 948,602 | 1.1M | 372,184 | 601,987 | -- |
| Payables And Accrued Expenses | 1.5M | 1.1M | 418,548 | 659,380 | -- |
| Current Accrued Expenses | 555,112 | 59,109 | 46,364 | 57,393 | -- |
| Other Current Liabilities | -- | -- | -- | -- | 506,656 |
| Current Liabilities | 1.5M | 1.1M | 463,761 | 715,650 | -- |
| Long Term Debt | 40,000 | 40,000 | -- | 40,000 | 40,000 |
| Long Term Debt And Capital Lease Obligation | 40,000 | 40,000 | -- | 45,212 | 101,381 |
| Long Term Capital Lease Obligation | -- | -- | 0.00 | 5,212 | 61,381 |
| Other Non Current Liabilities | -- | 102,808 | 479,942 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 2.4M | 2.6M | 2.8M | 1.8M | -- |
| Total Liabilities Net Minority Interest | 3.9M | 3.7M | 3.2M | 2.5M | -- |
| Common Stock | 82.6M | 82.4M | 80.7M | 74.3M | -- |
| Capital Stock | 82.6M | 82.4M | 80.7M | 74.3M | -- |
| Retained Earnings | -53.1M | -52.2M | -51.2M | -49.9M | -- |
| Gains Losses Not Affecting Retained Earnings | -353,995 | -353,995 | -353,995 | -353,995 | -- |
| Other Equity Adjustments | -353,995 | -353,995 | -353,995 | -353,995 | -- |
| Common Stock Equity | 39.7M | 40.0M | 38.9M | 33.1M | -- |
| Stockholders Equity | 39.7M | 40.0M | 38.9M | 33.1M | -- |
| Total Equity Gross Minority Interest | 39.7M | 40.0M | 38.9M | 33.1M | -- |
| Total Capitalization | 39.8M | 40.1M | 38.9M | 33.1M | -- |
| Net Tangible Assets | 39.7M | 40.0M | 38.9M | 33.1M | -- |
| Tangible Book Value | 39.7M | 40.0M | 38.9M | 33.1M | -- |
| Working Capital | -1.3M | 765,155 | 1.9M | 632,782 | -- |
| Invested Capital | 39.8M | 40.1M | 38.9M | 33.1M | -- |
| Total Debt | 40,000 | 40,000 | 45,213 | 101,482 | -- |
| Share Issued | 19.2M | 18.9M | 17.2M | 14.9M | -- |
| Ordinary Shares Number | 19.2M | 18.9M | 17.2M | 14.9M | -- |
| Buildings And Improvements | 236,672 | 236,672 | 236,672 | 236,672 | -- |
| Capital Lease Obligations | -- | 0.00 | 5,213 | 61,482 | 107,450 |
| Current Capital Lease Obligation | -- | 0.00 | 5,213 | 56,270 | 46,069 |
| Machinery Furniture Equipment | 114,401 | 114,401 | 114,826 | 110,331 | -- |
| Non Current Deferred Liabilities | 2.4M | 2.4M | 2.3M | 1.8M | -- |
| Non Current Deferred Taxes Liabilities | 2.4M | 2.4M | 2.3M | 1.8M | -- |
| Non Current Prepaid Assets | 28,192 | 28,192 | 28,192 | 28,192 | -- |
| Other Current Borrowings | -- | -- | 40,000 | -- | -- |
| Other Equity Interest | 10.6M | 10.2M | 9.8M | 9.1M | -- |
| Other Properties | 43.3M | 41.7M | 39.8M | 34.3M | -- |
| Other Receivables | 47,377 | 129,834 | 85,559 | -- | -- |
| Taxes Receivable | -- | -- | 85,559 | 114,934 | 128,351 |
| Treasury Shares Number | -- | -- | 0.00 | -- | -- |
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -167,667 | -1.5M | -2.1M | -1.5M | -- |
| Cash Flow From Continuing Operating Activities | -167,667 | -1.5M | -2.1M | -1.5M | -- |
| Depreciation And Amortization | 19,306 | 22,246 | 64,288 | 65,834 | -- |
| Depreciation Amortization Depletion | 19,306 | 22,246 | 64,288 | 65,834 | -- |
| Stock Based Compensation | 291,871 | 287,835 | 556,974 | 354,998 | -- |
| Deferred Tax | -77,723 | 141,447 | 507,831 | 1.5M | -- |
| Deferred Income Tax | -77,723 | 141,447 | 507,831 | 1.5M | -- |
| Change In Working Capital | 599,580 | -66,790 | 195,961 | -148,088 | -- |
| Changes In Account Receivables | -- | -42,599 | 30,443 | 13,726 | 0.00 |
| Change In Receivables | 82,457 | -42,599 | 30,443 | 13,726 | -- |
| Change In Payables And Accrued Expense | 261,278 | 229,069 | 39,898 | -122,949 | -- |
| Other Non Cash Items | -102,808 | -851,742 | -2.1M | -2.3M | -- |
| Capital Expenditure | -1.3M | -1.9M | -5.9M | -7.3M | -- |
| Purchase Of PPE | -1.3M | -1.9M | -5.9M | -7.3M | -- |
| Net PPE Purchase And Sale | -1.2M | -1.5M | -5.7M | -6.3M | -- |
| Investing Cash Flow | -1.2M | -1.5M | -5.7M | -6.3M | -- |
| Cash Flow From Continuing Investing Activities | -1.2M | -1.5M | -5.7M | -6.3M | -- |
| Repayment Of Debt | 0.00 | -5,301 | -63,592 | -63,566 | -- |
| Net Issuance Payments Of Debt | 0.00 | -5,301 | -63,592 | -63,566 | -- |
| Issuance Of Capital Stock | 0.00 | 2.1M | 9.4M | 6.2M | -- |
| Net Common Stock Issuance | 0.00 | 2.1M | 9.4M | 6.2M | -- |
| Financing Cash Flow | 0.00 | 2.2M | 8.9M | 5.9M | -- |
| Cash Flow From Continuing Financing Activities | 0.00 | 2.2M | 8.9M | 5.9M | -- |
| Changes In Cash | -1.3M | -748,660 | 1.2M | -1.8M | -- |
| Beginning Cash Position | 1.4M | 2.2M | 994,543 | 2.8M | -- |
| End Cash Position | 53,530 | 1.4M | 2.2M | 994,543 | -- |
| Free Cash Flow | -1.5M | -3.4M | -8.0M | -8.7M | -- |
| Interest Paid Supplemental Data | 2,000 | 1,348 | 0.00 | -- | -- |
| Asset Impairment Charge | 20,000 | 0.00 | 0.00 | 0.00 | -- |
| Change In Prepaid Assets | 255,845 | -253,260 | 125,620 | -38,865 | -- |
| Common Stock Issuance | 0.00 | 2.1M | 9.4M | 6.2M | -- |
| Depreciation | 19,306 | 22,246 | 64,288 | 65,834 | -- |
| Gain Loss On Sale Of PPE | 0.00 | 8,623 | 1,659 | -1.0M | -- |
| Long Term Debt Payments | 0.00 | -5,301 | -63,592 | -63,566 | -- |
| Net Income From Continuing Operations | -917,893 | -1.0M | -1.3M | 41,051 | -- |
| Net Long Term Debt Issuance | 0.00 | -5,301 | -63,592 | -63,566 | -- |
| Net Other Financing Charges | -- | -25,475 | -669,167 | -285,588 | -449,033 |
| Net Other Investing Changes | -- | -- | -- | -- | 330.00 |
| Operating Gains Losses | -- | 8,623 | 1,659 | -1.0M | -- |
| Proceeds From Stock Option Exercised | 0.00 | 170,000 | 234,848 | 10,000 | -- |
| Sale Of PPE | 125,000 | 375,000 | 250,000 | 1.0M | -- |