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VINLAND LITHIUM 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 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 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
Selling General And Administration 238,969 84,042 119,272 43,923 121,755
General And Administrative Expense 236,490 78,622 118,822 42,780 121,755
Depreciation And Amortization In Income Statement 7,663 7,664 7,663 7,664 7,664
Other Operating Expenses -- 119,407 -- -- --
Operating Expense 246,632 211,113 126,935 51,587 129,419
Operating Income -246,632 -211,113 -126,935 -51,587 -129,419
EBIT -246,632 -211,113 -126,935 -51,587 -129,419
Interest Income 9,611 10,747 18,138 20,957 17,050
Interest Income Non Operating 9,611 10,747 18,138 20,957 17,050
Net Interest Income 9,611 10,747 18,138 20,957 17,050
Other Income Expense -3,499 -20,396 468.00 236,436 -6,000
Other Non Operating Income Expenses -- -- 535.00 246,436 --
Special Income Charges -3,499 -20,396 -66.00 -10,000 -6,000
Gain On Sale Of Security -- -- -1.00 -- --
Pretax Income -240,520 -220,762 -108,329 205,806 -118,369
Tax Effect Of Unusual Items 0.00 0.00 0.00 -1,500 0.00
Net Income From Continuing And Discontinued Operation -240,520 -220,762 -108,329 205,806 -118,369
Net Income From Continuing Operation Net Minority Interest -240,520 -220,762 -108,329 205,806 -118,369
Net Income Including Noncontrolling Interests -240,520 -220,762 -108,329 205,806 -118,369
Net Income Common Stockholders -240,520 -220,762 -108,329 205,806 -118,369
Net Income -240,520 -220,762 -108,329 205,806 -118,369
EBITDA -238,969 -203,449 -119,272 -43,923 -121,755
Normalized EBITDA -235,470 -183,053 -119,205 -33,923 -115,755
Reconciled Depreciation 7,663 7,664 7,663 7,664 7,664
Basic EPS -0.02 -0.02 -- 0.02 -0.01
Diluted EPS -0.02 -0.02 -- 0.02 -0.01
Basic Average Shares 10.1M 10.1M -- 10.1M 10.1M
Diluted Average Shares 10.1M 10.1M -- 10.1M 10.1M
Total Unusual Items -3,499 -20,396 -67.00 -10,000 -6,000
Total Unusual Items Excluding Goodwill -3,499 -20,396 -67.00 -10,000 -6,000
Tax Rate For Calcs 0.00 0.00 0.00 0.15 0.00
Normalized Income -237,021 -200,366 -108,262 214,306 -112,369
Depreciation Amortization Depletion Income Statement 7,663 7,664 7,663 7,664 7,664
Depreciation Income Statement 7,663 7,664 7,663 7,664 7,664
Diluted NI Availto Com Stockholders -240,520 -220,762 -108,329 205,806 -118,369
Net Income Continuous Operations -240,520 -220,762 -108,329 205,806 -118,369
Net Non Operating Interest Income Expense 9,611 10,747 18,138 20,957 17,050
Other Gand A 26,128 67,489 118,822 42,780 121,755
Other Special Charges 3,499 20,396 66.00 10,000 6,000
Salaries And Wages 210,362 11,133 -- 0.00 0.00
Selling And Marketing Expense 2,479 5,420 450.00 1,143 0.00
Total Expenses 246,632 211,113 126,935 51,587 129,419
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 1.3M 1.6M 1.8M -- --
Cash Cash Equivalents And Short Term Investments 1.3M 1.6M 1.8M -- --
Other Short Term Investments -- -- 0.00 -- --
Receivables 50,336 51,101 25,004 -- --
Prepaid Assets 12,603 13,299 15,882 -- --
Current Assets 1.4M 1.7M 1.8M -- --
Gross PPE 8.3M 8.2M 8.1M -- --
Accumulated Depreciation -60,486 -52,823 -37,495 -- --
Net PPE 8.2M 8.1M 8.1M -- --
Total Non Current Assets 8.2M 8.1M 8.1M -- --
Total Assets 9.6M 9.8M 9.9M -- --
Current Debt And Capital Lease Obligation 34,018 33,259 31,432 -- --
Accounts Payable 79,435 198,589 133,035 -- --
Payables 79,435 198,589 133,035 -- --
Payables And Accrued Expenses 79,435 198,589 133,035 -- --
Current Liabilities 113,453 231,848 164,467 -- --
Long Term Debt And Capital Lease Obligation -- 8,717 25,821 -- --
Long Term Capital Lease Obligation 0.00 8,717 25,821 -- --
Total Non Current Liabilities Net Minority Interest 0.00 8,717 25,821 -- --
Total Liabilities Net Minority Interest 113,453 240,565 190,288 -- --
Common Stock 10.1M 10.1M 10.1M -- --
Capital Stock 10.1M 10.1M 10.1M -- --
Additional Paid In Capital 158,609 -- -- -- --
Retained Earnings -726,565 -486,045 -331,929 -- --
Common Stock Equity 9.5M 9.6M 9.7M -- --
Stockholders Equity 9.5M 9.6M 9.7M -- --
Total Equity Gross Minority Interest 9.5M 9.6M 9.7M -- --
Total Capitalization 9.5M 9.6M 9.7M -- --
Net Tangible Assets 9.5M 9.6M 9.7M -- --
Tangible Book Value 9.5M 9.6M 9.7M -- --
Working Capital 1.3M 1.4M 1.6M -- --
Invested Capital 9.5M 9.6M 9.7M -- --
Total Debt 34,018 41,976 57,253 -- --
Share Issued 10.1M 10.1M 10.1M -- --
Ordinary Shares Number 10.1M 10.1M 10.1M -- --
Capital Lease Obligations 34,018 41,976 57,253 -- --
Current Capital Lease Obligation 34,018 33,259 31,432 -- --
Other Properties 8.3M 8.2M 8.1M -- --
Taxes Receivable 50,336 51,101 25,004 -- --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow -187,549 -- 60,346 -160,043 --
Cash Flow From Continuing Operating Activities -187,549 -- 60,346 -160,043 --
Depreciation And Amortization 7,663 -- 7,663 7,664 --
Depreciation Amortization Depletion 7,663 -- 7,663 7,664 --
Change In Working Capital -114,343 -- 159,867 -128,979 --
Change In Receivables 765.00 -- 86,804 -48,547 --
Change In Payables And Accrued Expense -119,154 -- 71,834 -72,095 --
Other Non Cash Items 1,042 -- 1,144 -244,534 --
Net PPE Purchase And Sale 0.00 -- -- 0.00 --
Sale Of Investment 0.00 -- 0.00 0.00 --
Net Investment Purchase And Sale 0.00 -- 0.00 0.00 --
Investing Cash Flow -79,124 -- -93,545 -240,039 --
Cash Flow From Continuing Investing Activities -79,124 -- -93,545 -240,039 --
Repayment Of Debt -9,000 -- -9,000 -9,000 --
Net Issuance Payments Of Debt -9,000 -- -9,000 -9,000 --
Financing Cash Flow -9,000 -- -9,000 -9,000 --
Cash Flow From Continuing Financing Activities -9,000 -- -9,000 -9,000 --
Changes In Cash -275,673 -- -42,199 -409,082 --
Beginning Cash Position 1.6M -- 1.8M 2.2M --
End Cash Position 1.3M -- 1.8M 1.8M --
Free Cash Flow -187,549 -- -860,390 -160,043 --
Change In Prepaid Assets 4,046 -- 1,229 -8,337 --
Gain Loss On Investment Securities -- -- 1.00 0.00 --
Long Term Debt Payments -9,000 -- -9,000 -9,000 --
Net Income From Continuing Operations -240,520 -- -108,329 205,806 --
Net Long Term Debt Issuance -9,000 -- -9,000 -9,000 --
Net Other Investing Changes -79,124 -- 1.1M -240,039 --
Operating Gains Losses -- -- 1.00 0.00 --
Sale Of PPE 0.00 -- -- 0.00 --
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