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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 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 0.00 0.00 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00 0.00 0.00
Cost Of Revenue 15,373 15,920 16,162 15,182 11,721
Gross Profit -15,373 -15,920 -16,162 -15,182 -11,721
Selling General And Administration 169,803 156,409 93,958 143,418 118,395
General And Administrative Expense 169,803 156,409 93,958 143,418 118,395
Other Operating Expenses 124,303 119,204 87,680 109,662 113,360
Operating Expense 294,106 275,613 181,638 253,080 231,755
Operating Income -309,479 -291,533 -197,800 -268,262 -243,476
EBIT -305,746 -290,859 -194,663 -442,019 -232,095
Interest Expense 2,129 2,202 2,239 -- 0.00
Interest Expense Non Operating 2,129 2,202 2,239 -- 0.00
Interest Income 6,177 1,457 3,485 6,376 9,333
Interest Income Non Operating 6,177 1,457 3,485 6,376 9,333
Net Interest Income 4,048 -745.00 1,246 5,779 9,333
Other Income Expense -2,444 -783.00 -348.00 12,987 2,048
Special Income Charges 0.00 0.00 -- 5,252 0.00
Gain On Sale Of Security -2,444 -783.00 -348.00 7,735 2,048
Pretax Income -307,875 -293,061 -196,902 -249,496 -232,095
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -307,875 -293,061 -196,902 -249,496 -232,095
Net Income From Continuing Operation Net Minority Interest -307,875 -293,061 -196,902 -249,496 -232,095
Net Income Including Noncontrolling Interests -307,875 -293,061 -196,902 -249,496 -232,095
Net Income Common Stockholders -307,875 -293,061 -196,902 -249,496 -232,095
Net Income -307,875 -293,061 -196,902 -249,496 -232,095
EBITDA -290,373 -274,939 -178,501 -426,837 -220,374
Normalized EBITDA -287,929 -274,156 -178,153 -439,824 -222,422
Reconciled Depreciation 15,373 15,920 16,162 15,182 11,721
Basic EPS -0.01 -0.01 0.00 -- -0.01
Diluted EPS -0.01 -0.01 0.00 -- -0.01
Basic Average Shares 57.2M 45.6M 45.6M -- 45.6M
Diluted Average Shares 57.2M 45.6M 45.6M -- 45.6M
Total Unusual Items -2,444 -783.00 -348.00 12,987 2,048
Total Unusual Items Excluding Goodwill -2,444 -783.00 -348.00 12,987 2,048
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -305,431 -292,278 -196,554 -262,483 -234,143
Diluted NI Availto Com Stockholders -307,875 -293,061 -196,902 -249,496 -232,095
Impairment Of Capital Assets 0.00 0.00 -- 0.00 0.00
Net Income Continuous Operations -307,875 -293,061 -196,902 -249,496 -232,095
Net Non Operating Interest Income Expense 4,048 -745.00 1,246 5,779 9,333
Other Gand A 142,789 128,353 61,697 110,543 78,344
Reconciled Cost Of Revenue 15,373 15,920 16,162 15,182 11,721
Salaries And Wages 27,014 28,056 32,261 32,875 40,051
Total Expenses 309,479 291,533 197,800 268,262 243,476
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 1.5M 577,638 515,904 837,745 1.0M
Cash Cash Equivalents And Short Term Investments 1.5M 577,638 515,904 837,745 1.0M
Cash Financial 1.5M 577,638 515,904 837,745 1.0M
Accounts Receivable 249,802 186,710 155,379 123,126 83,513
Receivables 249,802 186,710 155,379 123,126 83,513
Prepaid Assets 96,039 54,394 31,336 14,435 13,992
Current Assets 1.8M 818,742 702,619 975,306 1.1M
Gross PPE 387,324 392,045 396,714 401,332 322,866
Accumulated Depreciation -191,271 -180,619 -169,368 -157,824 -162,602
Net PPE 196,053 211,426 227,346 243,508 160,264
Total Non Current Assets 260,960 276,333 292,253 308,415 225,171
Total Assets 2.1M 1.1M 994,872 1.3M 1.4M
Current Debt And Capital Lease Obligation 15,235 14,873 14,524 14,202 --
Accounts Payable -- -- 104,144 -- 114,628
Payables -- -- 133,236 -- 148,382
Payables And Accrued Expenses 182,954 161,516 133,236 223,276 148,382
Current Liabilities 198,189 176,389 147,760 237,478 148,382
Long Term Debt And Capital Lease Obligation 70,276 74,727 79,092 81,321 --
Long Term Capital Lease Obligation 70,276 74,727 79,092 81,321 --
Total Non Current Liabilities Net Minority Interest 70,276 74,727 79,092 81,321 0.00
Total Liabilities Net Minority Interest 268,465 251,116 226,852 318,799 148,382
Common Stock 28.2M 26.6M 26.6M 26.6M 26.6M
Capital Stock 28.2M 26.6M 26.6M 26.6M 26.6M
Retained Earnings -28.0M -27.6M -27.4M -27.6M -27.4M
Gains Losses Not Affecting Retained Earnings 1.7M -- -- 2.2M --
Other Equity Adjustments 1.7M -- -- 2.2M --
Common Stock Equity 2.0M 1.0M 944,431 1.1M 1.4M
Stockholders Equity 2.0M 1.0M 944,431 1.1M 1.4M
Total Equity Gross Minority Interest 1.8M 843,959 768,020 964,922 1.2M
Minority Interest -176,411 -176,411 -176,411 -176,411 -176,411
Total Capitalization 2.0M 1.0M 944,431 1.1M 1.4M
Net Tangible Assets 2.0M 1.0M 944,431 1.1M 1.4M
Tangible Book Value 2.0M 1.0M 944,431 1.1M 1.4M
Working Capital 1.6M 642,353 554,859 737,828 989,247
Invested Capital 2.0M 1.0M 944,431 1.1M 1.4M
Total Debt 85,511 89,600 93,616 95,523 --
Share Issued 59.4M 45.6M 45.6M 45.6M 45.6M
Ordinary Shares Number 59.4M 45.6M 45.6M 45.6M 45.6M
Buildings And Improvements -- -- -- 93,695 --
Capital Lease Obligations 85,511 89,600 93,616 95,523 --
Current Capital Lease Obligation 15,235 14,873 14,524 14,202 --
Dueto Related Parties Current -- -- 29,092 -- 33,754
Leases 7,326 7,326 7,326 7,326 --
Machinery Furniture Equipment 168,239 168,239 168,239 168,239 190,794
Non Current Prepaid Assets 64,907 64,907 64,907 64,907 64,907
Other Equity Interest -- 2.1M 1.7M -- 2.2M
Other Properties 211,759 216,480 221,149 225,767 132,072
Properties 0.00 0.00 0.00 0.00 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -373,672 -301,048 -317,695 -204,131 -295,234
Cash Flow From Continuing Operating Activities -373,672 -301,048 -317,695 -204,131 -295,234
Depreciation And Amortization 15,373 15,920 16,162 15,182 11,721
Depreciation Amortization Depletion 15,373 15,920 16,162 15,182 11,721
Stock Based Compensation 0.00 0.00 0.00 0.00 0.00
Change In Working Capital -83,299 -26,109 -139,194 34,838 -74,860
Change In Receivables -63,092 -31,331 -32,253 -39,613 -34,260
Change In Payables And Accrued Expense 21,438 28,280 -90,040 74,894 -61,784
Change In Payable 21,438 -- -- -- -61,784
Other Non Cash Items 2,129 2,202 2,239 -- --
Purchase Of PPE -- -- -- -7,326 0.00
Net PPE Purchase And Sale -- -- -- 1,752 0.00
Net Investment Purchase And Sale 0.00 -- -- 0.00 -3,907
Investing Cash Flow 0.00 -- -- 1,752 -3,907
Cash Flow From Continuing Investing Activities 0.00 -- -- 1,752 -3,907
Repayment Of Debt -6,218 -6,218 -4,146 -- 0.00
Net Issuance Payments Of Debt -6,218 -6,218 -4,146 -- 0.00
Issuance Of Capital Stock 1.3M -- -- -- 0.00
Net Common Stock Issuance 1.3M -- -- -- 0.00
Financing Cash Flow 1.3M 362,782 -4,146 -- 0.00
Cash Flow From Continuing Financing Activities 1.3M 362,782 -4,146 -- 0.00
Changes In Cash 879,082 61,734 -321,841 -202,379 -299,141
Beginning Cash Position 577,638 515,904 837,745 1.0M 1.3M
End Cash Position 1.5M 577,638 515,904 837,745 1.0M
Free Cash Flow -373,672 -301,048 -317,695 -211,457 -295,234
Asset Impairment Charge 0.00 0.00 -- 0.00 0.00
Change In Account Payable 21,438 -- -- -- -61,784
Change In Prepaid Assets -41,645 -23,058 -16,901 -443.00 21,184
Common Stock Issuance 1.3M -- -- -- 0.00
Depreciation 15,373 15,920 16,162 15,182 11,721
Long Term Debt Payments -6,218 -6,218 -4,146 -- 0.00
Net Income From Continuing Operations -307,875 -293,061 -196,902 -249,496 -232,095
Net Long Term Debt Issuance -6,218 -6,218 -4,146 -- 0.00
Net Other Financing Charges -36,228 369,000 -- -- --
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