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Volcanic Gold Mines Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00
Cost Of Revenue 50,349 48,063 44,904 29,518
Gross Profit -50,349 -48,063 -44,904 -29,518
Selling General And Administration 647,043 521,307 444,704 1.1M
General And Administrative Expense 647,043 521,307 444,704 1.1M
Other Operating Expenses 1.8M 1.9M 2.2M 3.2M
Operating Expense 2.4M 2.4M 2.7M 4.3M
Operating Income -2.5M -2.4M -2.7M -4.4M
EBIT -2.6M -2.3M -2.7M -4.4M
Interest Expense 597.00 0.00 -- --
Interest Expense Non Operating 597.00 0.00 -- --
Interest Income 54,493 142,088 94,702 29,888
Interest Income Non Operating 54,493 142,088 94,702 29,888
Net Interest Income 53,896 142,088 94,702 29,888
Other Income Expense -228,250 -5,274 -49,824 -66,823
Special Income Charges -199,621 0.00 -152.00 0.00
Gain On Sale Of Security -28,629 -5,274 -49,672 -66,823
Pretax Income -2.6M -2.3M -2.7M -4.4M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -2.6M -2.3M -2.7M -4.4M
Net Income From Continuing Operation Net Minority Interest -2.6M -2.3M -2.7M -4.4M
Net Income Including Noncontrolling Interests -2.6M -2.3M -2.7M -4.4M
Minority Interests 0.00 0.00 0.00 0.00
Net Income Common Stockholders -2.6M -2.3M -2.7M -4.4M
Net Income -2.6M -2.3M -2.7M -4.4M
EBITDA -2.6M -2.2M -2.7M -4.3M
Normalized EBITDA -2.4M -2.2M -2.6M -4.3M
Reconciled Depreciation 50,349 48,063 44,904 29,518
Basic EPS -0.06 -0.05 -0.06 -0.10
Diluted EPS -0.06 -0.05 -0.06 -0.10
Basic Average Shares 45.6M 45.6M 45.5M 44.7M
Diluted Average Shares 45.6M 45.6M 45.5M 44.7M
Total Unusual Items -228,250 -5,274 -49,824 -66,823
Total Unusual Items Excluding Goodwill -228,250 -5,274 -49,824 -66,823
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -2.4M -2.3M -2.6M -4.3M
Diluted NI Availto Com Stockholders -2.6M -2.3M -2.7M -4.4M
Gain On Sale Of Ppe 5,252 0.00 -152.00 0.00
Impairment Of Capital Assets 204,873 0.00 -- --
Net Income Continuous Operations -2.6M -2.3M -2.7M -4.4M
Net Non Operating Interest Income Expense 53,896 142,088 94,702 29,888
Other Gand A 330,549 343,084 339,449 362,603
Reconciled Cost Of Revenue 50,349 48,063 44,904 29,518
Salaries And Wages 316,494 178,223 105,255 753,010
Total Expenses 2.5M 2.4M 2.7M 4.4M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 837,745 3.2M 5.6M 8.2M
Cash Cash Equivalents And Short Term Investments 837,745 3.2M 5.6M 8.2M
Cash Financial 837,745 3.2M 5.6M 8.2M
Accounts Receivable 123,126 19,376 18,506 14,672
Receivables 123,126 19,376 18,506 14,672
Prepaid Assets 14,435 19,460 28,264 53,751
Current Assets 975,306 3.2M 5.6M 8.3M
Gross PPE 401,332 527,739 320,428 307,233
Accumulated Depreciation -157,824 -127,435 -79,372 -40,285
Net PPE 243,508 400,304 241,056 266,948
Total Non Current Assets 308,415 461,304 302,056 327,948
Total Assets 1.3M 3.7M 5.9M 8.6M
Current Debt And Capital Lease Obligation 14,202 -- -- --
Accounts Payable -- 197,761 187,738 --
Payables -- 234,330 265,446 --
Payables And Accrued Expenses 223,276 234,330 265,446 253,094
Current Liabilities 237,478 234,330 265,446 253,094
Long Term Debt And Capital Lease Obligation 81,321 0.00 -- --
Long Term Capital Lease Obligation 81,321 0.00 -- --
Total Non Current Liabilities Net Minority Interest 81,321 0.00 0.00 0.00
Total Liabilities Net Minority Interest 318,799 234,330 265,446 253,094
Common Stock 26.6M 26.6M 26.6M 25.1M
Capital Stock 26.6M 26.6M 26.6M 25.1M
Retained Earnings -27.6M -25.0M -22.7M -20.2M
Gains Losses Not Affecting Retained Earnings 2.2M 2.0M 2.0M 3.6M
Other Equity Adjustments 2.2M 2.0M 2.0M 3.6M
Common Stock Equity 1.1M 3.6M 5.9M 8.5M
Stockholders Equity 1.1M 3.6M 5.9M 8.5M
Total Equity Gross Minority Interest 964,922 3.4M 5.7M 8.4M
Minority Interest -176,411 -176,411 -176,411 -176,411
Total Capitalization 1.1M 3.6M 5.9M 8.5M
Net Tangible Assets 1.1M 3.6M 5.9M 8.5M
Tangible Book Value 1.1M 3.6M 5.9M 8.5M
Working Capital 737,828 3.0M 5.4M 8.0M
Invested Capital 1.1M 3.6M 5.9M 8.5M
Total Debt 95,523 0.00 -- --
Share Issued 45.6M 45.6M 45.6M 45.5M
Ordinary Shares Number 45.6M 45.6M 45.6M 45.5M
Buildings And Improvements 93,695 0.00 -- --
Capital Lease Obligations 95,523 0.00 -- --
Current Capital Lease Obligation 14,202 0.00 -- --
Dueto Related Parties Current -- 36,569 77,708 --
Leases 7,326 0.00 -- --
Machinery Furniture Equipment 168,239 190,794 188,356 207,233
Non Current Prepaid Assets 64,907 61,000 61,000 61,000
Other Properties 225,767 336,945 132,072 100,000
Properties 0.00 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -2.3M -2.2M -2.6M -3.6M
Cash Flow From Continuing Operating Activities -2.3M -2.2M -2.6M -3.6M
Depreciation And Amortization 50,349 48,063 44,904 29,518
Depreciation Amortization Depletion 50,349 48,063 44,904 29,518
Stock Based Compensation 177,034 42,048 -33,990 663,023
Change In Working Capital -109,779 -23,182 34,005 60,934
Change In Receivables -103,750 -870.00 -3,834 643.00
Change In Payables And Accrued Expense -11,054 -31,116 12,352 72,225
Change In Other Working Capital -- -- 5,271 3,525
Change In Other Current Assets -- -- 5,271 3,525
Other Non Cash Items 597.00 -- -- --
Capital Expenditure -7,326 -207,311 -40,303 -195,605
Purchase Of PPE -7,326 -207,311 -40,303 -195,605
Net PPE Purchase And Sale 1,752 -207,311 -19,164 -195,605
Net Investment Purchase And Sale -3,907 0.00 -- --
Investing Cash Flow -2,155 -207,311 -19,164 -195,605
Cash Flow From Continuing Investing Activities -2,155 -207,311 -19,164 -195,605
Issuance Of Capital Stock -- 0.00 2,250 382,869
Net Common Stock Issuance -- 0.00 2,250 382,869
Financing Cash Flow -- 0.00 2,250 347,063
Cash Flow From Continuing Financing Activities -- 0.00 2,250 347,063
Changes In Cash -2.3M -2.4M -2.6M -3.5M
Beginning Cash Position 3.2M 5.6M 8.2M 11.7M
End Cash Position 837,745 3.2M 5.6M 8.2M
Free Cash Flow -2.3M -2.4M -2.7M -3.8M
Asset Impairment Charge 204,873 0.00 -- --
Change In Prepaid Assets 5,025 8,804 20,216 -15,459
Common Stock Issuance -- 0.00 2,250 382,869
Depreciation 50,349 48,063 44,904 29,518
Gain Loss On Sale Of PPE -5,252 0.00 152.00 0.00
Net Income From Continuing Operations -2.6M -2.3M -2.7M -4.4M
Net Other Financing Charges -- -- -- -35,806
Operating Gains Losses -5,252 -- 152.00 --
Sale Of PPE 9,078 0.00 21,139 0.00
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