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Vortex Metals 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 892.00 0.00 -- --
Gross Profit -892.00 0.00 -- --
Selling General And Administration 1.6M 1.2M 1.3M 137,045
General And Administrative Expense 1.4M 1.0M 1.0M 137,045
Other Operating Expenses 1.2M 644,099 794,298 49,708
Operating Expense 2.8M 1.8M 2.1M 186,753
Operating Income -2.8M -1.8M -2.1M -186,753
EBIT -2.8M -1.8M -2.1M -186,753
Interest Income 0.00 50,208 9,766 0.00
Interest Income Non Operating 0.00 50,208 9,766 0.00
Net Interest Income 0.00 50,208 9,766 0.00
Other Income Expense 249,804 -145,858 -1.7M -419.00
Special Income Charges 99,343 0.00 -1.7M 0.00
Restructuring And Mergern Acquisition -- 0.00 1.7M 0.00
Gain On Sale Of Security 150,461 -145,858 -7,469 -419.00
Pretax Income -2.5M -1.9M -3.8M -187,172
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -2.5M -1.9M -3.8M -187,172
Net Income From Continuing Operation Net Minority Interest -2.5M -1.9M -3.8M -187,172
Net Income Including Noncontrolling Interests -2.5M -1.9M -3.8M -187,172
Net Income Common Stockholders -2.5M -1.9M -3.8M -187,172
Net Income -2.5M -1.9M -3.8M -187,172
EBITDA -2.8M -1.8M -2.1M -186,753
Normalized EBITDA -3.0M -1.7M -378,499 -186,334
Reconciled Depreciation 892.00 0.00 -- --
Basic EPS -0.03 -0.03 -0.09 -0.00
Diluted EPS -0.03 -0.03 -0.09 -0.00
Basic Average Shares 73.7M 60.1M 43.0M 60.1M
Diluted Average Shares 73.7M 60.1M 43.0M 60.1M
Total Unusual Items 249,804 -145,858 -1.7M -419.00
Total Unusual Items Excluding Goodwill 249,804 -145,858 -1.7M -419.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -2.8M -1.8M -2.1M -186,753
Diluted NI Availto Com Stockholders -2.5M -1.9M -3.8M -187,172
Net Income Continuous Operations -2.5M -1.9M -3.8M -187,172
Net Non Operating Interest Income Expense 0.00 50,208 9,766 0.00
Other Gand A 984,118 759,341 496,386 137,045
Other Special Charges -99,343 -- -- --
Reconciled Cost Of Revenue 892.00 0.00 -- --
Salaries And Wages 442,343 258,973 520,514 0.00
Selling And Marketing Expense 178,214 138,602 307,213 0.00
Total Expenses 2.8M 1.8M 2.1M 186,753
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 159,068 293,871 2.1M 16,732
Cash Cash Equivalents And Short Term Investments 159,068 293,871 2.1M 16,732
Cash Financial 159,068 293,871 2.1M 16,732
Accounts Receivable -- 97,704 44,987 153,045
Receivables 140,797 97,704 44,987 153,045
Prepaid Assets 39,728 22,898 4,703 0.00
Current Assets 339,593 414,473 2.1M 4.1M
Net PPE 7.3M 6.4M 5.8M 0.00
Total Non Current Assets 7.3M 6.4M 5.8M 0.00
Total Assets 7.6M 6.8M 7.9M 4.1M
Current Debt 120,000 -- -- 146,177
Current Debt And Capital Lease Obligation 120,000 -- -- 146,177
Accounts Payable 2.9M 2.0M -- --
Payables 2.9M 2.0M -- --
Payables And Accrued Expenses 3.0M 2.1M 1.3M 236,057
Current Accrued Expenses 97,639 42,280 -- --
Current Liabilities 3.1M 2.1M 1.3M 4.4M
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 3.1M 2.1M 1.3M 4.4M
Common Stock 11.9M 10.8M 10.8M 685,946
Capital Stock 11.9M 10.8M 10.8M 685,946
Retained Earnings -9.3M -6.8M -4.9M -1.1M
Gains Losses Not Affecting Retained Earnings 1.7M 671,408 601,883 0.00
Other Equity Adjustments -- -- 601,883 --
Common Stock Equity 4.5M 4.7M 6.5M -364,187
Stockholders Equity 4.5M 4.7M 6.5M -364,187
Total Equity Gross Minority Interest 4.5M 4.7M 6.5M -364,187
Total Capitalization 4.5M 4.7M 6.5M -364,187
Net Tangible Assets 4.5M 4.7M 6.5M -364,187
Tangible Book Value 4.5M 4.7M 6.5M -364,187
Working Capital -2.8M -1.7M 793,787 -364,187
Invested Capital 4.6M 4.7M 6.5M -218,010
Total Debt 120,000 -- -- 146,177
Net Debt -- -- -- 129,445
Share Issued 80.0M 60.1M 60.1M 60.1M
Ordinary Shares Number 80.0M 60.1M 60.1M 60.1M
Current Deferred Assets -- -- 0.00 63,240
Current Deferred Liabilities -- -- 0.00 4.0M
Current Notes Payable -- -- 0.00 125,000
Other Current Borrowings 120,000 -- -- 21,177
Other Equity Interest 288,537 -- -- --
Restricted Cash -- -- 0.00 3.8M
Taxes Receivable 140,797 97,704 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -1.9M -1.8M -1.7M -151,346
Cash Flow From Continuing Operating Activities -1.9M -1.8M -1.7M -151,346
Depreciation And Amortization 892.00 0.00 -- --
Depreciation Amortization Depletion 892.00 0.00 -- --
Stock Based Compensation 232,077 69,525 385,547 0.00
Change In Working Capital 479,234 50,742 49,055 35,826
Change In Receivables -43,093 -52,717 86,808 -21,736
Change In Payables And Accrued Expense 539,157 121,654 -33,050 57,562
Other Non Cash Items -- -- 1.7M --
Capital Expenditure -364,248 -- -200,000 --
Purchase Of PPE -364,248 0.00 -200,000 0.00
Net PPE Purchase And Sale -364,248 0.00 -200,000 0.00
Sale Of Business -- 0.00 52,158 0.00
Investing Cash Flow -364,248 0.00 -147,842 0.00
Cash Flow From Continuing Investing Activities -364,248 0.00 -147,842 0.00
Issuance Of Debt 120,000 0.00 50,000 131,177
Repayment Of Debt -- 0.00 -21,980 --
Net Issuance Payments Of Debt 120,000 0.00 28,020 131,177
Issuance Of Capital Stock 1.7M 0.00 289,000 3.9M
Net Common Stock Issuance 1.7M 0.00 289,000 3.9M
Financing Cash Flow 2.1M 0.00 54,058 4.0M
Cash Flow From Continuing Financing Activities 2.1M 0.00 54,058 4.0M
Changes In Cash -134,803 -1.8M -1.8M 3.8M
Beginning Cash Position 293,871 2.1M 3.8M 15,171
End Cash Position 159,068 293,871 2.1M 3.8M
Free Cash Flow -2.3M -1.8M -1.9M -151,346
Change In Prepaid Assets -16,830 -18,195 -4,703 0.00
Common Stock Issuance 1.7M 0.00 289,000 3.9M
Depreciation 892.00 0.00 -- --
Long Term Debt Issuance -- -- 50,000 110,000
Long Term Debt Payments -- -- -21,980 --
Net Business Purchase And Sale -- 0.00 52,158 0.00
Net Income From Continuing Operations -2.5M -1.9M -3.8M -187,172
Net Long Term Debt Issuance -- -- 50,000 110,000
Net Other Financing Charges 288,537 -- -262,962 -63,240
Net Short Term Debt Issuance 120,000 0.00 28,020 21,177
Operating Gains Losses -99,343 -- -- --
Short Term Debt Issuance 120,000 0.00 50,000 21,177
Short Term Debt Payments -- 0.00 -21,980 --
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