Volt Carbon Technologies Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|
| Total Revenue | 10,000 | 25,000 | 537.00 | 0.00 |
| Operating Revenue | 10,000 | 25,000 | 537.00 | 0.00 |
| Cost Of Revenue | 63,967 | 63,910 | 68,763 | 74,380 |
| Gross Profit | -53,967 | -38,910 | -68,226 | -74,380 |
| Selling General And Administration | 236,031 | 145,925 | 123,186 | 462,841 |
| General And Administrative Expense | 236,031 | 145,925 | 123,186 | 462,841 |
| Research And Development | 15,199 | 14,196 | 39,702 | 32,186 |
| Other Operating Expenses | 32,661 | 15,847 | 6,325 | 10,876 |
| Operating Expense | 283,891 | 175,968 | 169,213 | 505,903 |
| Operating Income | -337,858 | -214,878 | -237,439 | -580,283 |
| EBIT | -371,458 | -310,418 | -514,261 | -612,283 |
| Interest Expense | 16,406 | 17,499 | 20,042 | 20,009 |
| Interest Expense Non Operating | 16,406 | 17,499 | 20,042 | 20,009 |
| Net Interest Income | -16,406 | -17,499 | -20,042 | -20,009 |
| Other Income Expense | -33,600 | -95,540 | -276,822 | -32,000 |
| Other Non Operating Income Expenses | -- | -- | 0.00 | -- |
| Special Income Charges | 0.00 | -94,181 | -- | -- |
| Gain On Sale Of Security | -33,600 | -1,359 | -- | -32,000 |
| Pretax Income | -387,864 | -327,917 | -534,303 | -632,292 |
| Tax Provision | 24,055 | -20,930 | -81,071 | -23,888 |
| Tax Effect Of Unusual Items | -5,040 | -6,098 | 0.00 | -1,209 |
| Net Income From Continuing And Discontinued Operation | -411,919 | -306,987 | -453,232 | -608,404 |
| Net Income From Continuing Operation Net Minority Interest | -411,919 | -306,987 | -453,232 | -608,404 |
| Net Income Including Noncontrolling Interests | -411,919 | -306,987 | -453,232 | -608,404 |
| Net Income Common Stockholders | -411,919 | -306,987 | -453,232 | -608,404 |
| Net Income | -411,919 | -306,987 | -453,232 | -608,404 |
| EBITDA | -307,491 | -246,508 | -445,498 | -537,904 |
| Normalized EBITDA | -273,891 | -150,968 | -445,498 | -505,904 |
| Reconciled Depreciation | 63,967 | 63,910 | 68,763 | 74,379 |
| Basic EPS | -0.00 | -0.00 | -- | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -- | -0.00 |
| Basic Average Shares | 238.6M | 228.7M | -- | 195.6M |
| Diluted Average Shares | 238.6M | 228.7M | -- | 195.6M |
| Total Unusual Items | -33,600 | -95,540 | -- | -32,000 |
| Total Unusual Items Excluding Goodwill | -33,600 | -95,540 | -- | -32,000 |
| Tax Rate For Calcs | 0.15 | 0.06 | 0.15 | 0.04 |
| Normalized Income | -383,359 | -217,545 | -453,232 | -577,613 |
| Diluted NI Availto Com Stockholders | -411,919 | -306,987 | -453,232 | -608,404 |
| Impairment Of Capital Assets | 0.00 | 94,181 | -- | -- |
| Net Income Continuous Operations | -411,919 | -306,987 | -453,232 | -608,404 |
| Net Non Operating Interest Income Expense | -16,406 | -17,499 | -20,042 | -20,009 |
| Other Gand A | 85,957 | 83,304 | 92,989 | 187,415 |
| Reconciled Cost Of Revenue | 63,967 | 63,910 | 68,763 | 74,380 |
| Rent And Landing Fees | 6,047 | 3,143 | -7,034 | 36,934 |
| Rent Expense Supplemental | 6,047 | 3,143 | -7,034 | 36,934 |
| Salaries And Wages | 144,027 | 59,478 | 37,231 | 238,492 |
| Total Expenses | 347,858 | 239,878 | 237,976 | 580,283 |
| Line Item | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 76,442 | 98,407 | 176,990 | 44,355 |
| Cash Cash Equivalents And Short Term Investments | 92,948 | 194,407 | 272,990 | 140,355 |
| Cash Financial | 76,442 | 98,407 | 176,990 | 44,355 |
| Other Short Term Investments | 16,506 | 96,000 | 96,000 | 96,000 |
| Receivables | 54,420 | 29,266 | 20,389 | 31,375 |
| Prepaid Assets | 20,846 | 27,447 | 6,448 | 7,122 |
| Other Current Assets | -- | -- | -- | -100.00 |
| Current Assets | 168,214 | 251,120 | 299,827 | 178,752 |
| Gross PPE | 3.8M | 3.6M | 3.5M | 3.8M |
| Accumulated Depreciation | -1.2M | -1.1M | -1.1M | -1.1M |
| Net PPE | 2.6M | 2.5M | 2.5M | 2.7M |
| Goodwill And Other Intangible Assets | 1.4M | 1.4M | 1.4M | 1.5M |
| Other Intangible Assets | 1.4M | 1.4M | 1.4M | 1.5M |
| Other Non Current Assets | 61,000 | 61,000 | 61,000 | 62,574 |
| Total Non Current Assets | 4.1M | 4.0M | 4.0M | 4.2M |
| Total Assets | 4.2M | 4.3M | 4.3M | 4.4M |
| Current Debt | 131,200 | 5,000 | 99,925 | 44,535 |
| Current Debt And Capital Lease Obligation | 235,071 | 106,426 | 198,942 | 141,179 |
| Accounts Payable | 757,188 | 613,165 | 882,583 | 716,346 |
| Payables | 757,188 | 613,165 | 882,583 | 716,346 |
| Payables And Accrued Expenses | 757,188 | 613,165 | 882,583 | 716,346 |
| Current Deferred Revenue | 0.00 | 0.00 | 25,000 | 0.00 |
| Other Current Liabilities | 142,880 | 28,103 | 49,033 | 91,212 |
| Current Liabilities | 1.1M | 747,694 | 1.2M | 948,737 |
| Long Term Debt | -- | 67,866 | 219,694 | 216,849 |
| Long Term Debt And Capital Lease Obligation | 717,045 | 811,619 | 989,758 | 1.0M |
| Long Term Capital Lease Obligation | 717,045 | 743,753 | 770,064 | 795,984 |
| Total Non Current Liabilities Net Minority Interest | 717,045 | 811,619 | 989,758 | 1.0M |
| Total Liabilities Net Minority Interest | 1.9M | 1.6M | 2.1M | 2.0M |
| Common Stock | 31.1M | 31.1M | 30.2M | 30.1M |
| Capital Stock | 31.1M | 31.1M | 30.2M | 30.1M |
| Additional Paid In Capital | 3.5M | 3.4M | 3.4M | 3.3M |
| Retained Earnings | -32.3M | -31.9M | -31.6M | -31.1M |
| Common Stock Equity | 2.4M | 2.7M | 2.1M | 2.4M |
| Stockholders Equity | 2.4M | 2.7M | 2.1M | 2.4M |
| Total Equity Gross Minority Interest | 2.4M | 2.7M | 2.1M | 2.4M |
| Total Capitalization | 2.4M | 2.8M | 2.4M | 2.6M |
| Net Tangible Assets | 956,361 | 1.3M | 695,760 | 951,986 |
| Tangible Book Value | 956,361 | 1.3M | 695,760 | 951,986 |
| Working Capital | -966,925 | -496,574 | -855,731 | -769,985 |
| Invested Capital | 2.5M | 2.8M | 2.5M | 2.7M |
| Total Debt | 952,116 | 918,045 | 1.2M | 1.2M |
| Net Debt | 54,758 | -- | 142,629 | 217,029 |
| Share Issued | 238.6M | 238.6M | 201.9M | 196.4M |
| Ordinary Shares Number | 238.6M | 238.6M | 201.9M | 196.4M |
| Capital Lease Obligations | 820,916 | 845,179 | 869,081 | 892,628 |
| Current Capital Lease Obligation | 103,871 | 101,426 | 99,017 | 96,644 |
| Current Deferred Liabilities | 0.00 | 0.00 | 25,000 | 0.00 |
| Current Notes Payable | -- | -- | 99,925 | -- |
| Leases | 1.6M | 1.6M | 1.6M | 1.6M |
| Machinery Furniture Equipment | 984,929 | 984,515 | 954,363 | 1.1M |
| Other Current Borrowings | 131,200 | 5,000 | -- | 44,535 |
| Other Equity Interest | 94,305 | 94,305 | 94,305 | 94,305 |
| Other Properties | 1.2M | 1.0M | 963,342 | 1.1M |
| Other Receivables | 31,886 | 1,321 | 744.00 | -- |
| Taxes Receivable | 22,534 | 27,945 | 19,645 | 31,375 |
| Line Item | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|
| Operating Cash Flow | -128,771 | -400,058 | -130,845 | -391,185 |
| Cash Flow From Continuing Operating Activities | -128,771 | -400,058 | -130,845 | -391,185 |
| Depreciation And Amortization | 63,967 | 63,910 | 68,763 | 74,379 |
| Depreciation Amortization Depletion | 63,967 | 63,910 | 68,763 | 74,379 |
| Stock Based Compensation | 116,072 | 0.00 | 0.00 | 213,572 |
| Change In Working Capital | 52,174 | -243,149 | 44,600 | -92,494 |
| Changes In Account Receivables | -25,154 | -8,877 | 10,886 | 647.00 |
| Change In Receivables | -25,154 | -8,877 | 10,886 | 647.00 |
| Change In Payables And Accrued Expense | 70,727 | -188,273 | 8,040 | -129,349 |
| Change In Payable | -- | -188,273 | 8,040 | -129,349 |
| Change In Other Working Capital | 0.00 | -25,000 | 25,000 | 0.00 |
| Other Non Cash Items | 17,334 | -8,013 | -91,686 | 13,650 |
| Capital Expenditure | -139,438 | -181,701 | -215,858 | -108,352 |
| Purchase Of PPE | -139,438 | -181,701 | -229,604 | -132,456 |
| Net PPE Purchase And Sale | -139,438 | -181,701 | -153,604 | -132,456 |
| Investing Cash Flow | -20,248 | -115,004 | 18,338 | -108,352 |
| Cash Flow From Continuing Investing Activities | -20,248 | -115,004 | 18,338 | -108,352 |
| Issuance Of Debt | 98,333 | 18,247 | 58,000 | 0.00 |
| Repayment Of Debt | -76,819 | -101,819 | -36,583 | -41,244 |
| Net Issuance Payments Of Debt | 21,514 | -83,572 | 21,417 | -41,244 |
| Issuance Of Capital Stock | 110,000 | 565,000 | 250,025 | 95,130 |
| Net Common Stock Issuance | 110,000 | 565,000 | 250,025 | 95,130 |
| Financing Cash Flow | 127,054 | 436,479 | 245,142 | 85,404 |
| Cash Flow From Continuing Financing Activities | 127,054 | 436,479 | 245,142 | 85,404 |
| Changes In Cash | -21,965 | -78,583 | 132,635 | -414,133 |
| Beginning Cash Position | 98,407 | 176,990 | 44,355 | 458,488 |
| End Cash Position | 76,442 | 98,407 | 176,990 | 44,355 |
| Free Cash Flow | -268,209 | -581,759 | -346,703 | -499,537 |
| Asset Impairment Charge | 0.00 | 94,181 | -- | -- |
| Change In Account Payable | -- | -188,273 | 8,040 | -129,349 |
| Change In Accrued Expense | -- | -- | 0.00 | 0.00 |
| Change In Interest Payable | -- | -- | 0.00 | 0.00 |
| Change In Prepaid Assets | 6,601 | -20,999 | 674.00 | 36,208 |
| Common Stock Issuance | 110,000 | 565,000 | 250,025 | 95,130 |
| Depreciation | 63,967 | 63,910 | 68,763 | 74,379 |
| Long Term Debt Payments | -36,819 | -36,819 | -182,199 | -186,244 |
| Net Income From Continuing Operations | -411,918 | -306,987 | -453,232 | -608,404 |
| Net Intangibles Purchase And Sale | 0.00 | 0.00 | 13,746 | 24,104 |
| Net Long Term Debt Issuance | -36,819 | -36,819 | 45,801 | -16,244 |
| Net Other Financing Charges | -4,460 | -44,949 | -26,300 | -5,982 |
| Net Other Investing Changes | 73,296 | 66,697 | -- | -- |
| Net Short Term Debt Issuance | 58,333 | -46,753 | -- | -616.00 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 37,500 |
| Purchase Of Intangibles | 0.00 | 0.00 | 13,746 | 24,104 |
| Short Term Debt Issuance | 98,333 | 18,247 | -- | 0.00 |
| Short Term Debt Payments | -40,000 | -65,000 | -- | -616.00 |