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Spartan Metals Corp.

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 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 --
Cost Of Revenue 1,252 -- -- -- -- --
Gross Profit -1,252 -- -- -- -- --
Selling General And Administration 103,721 13,034 6,699 15,093 7,259 --
General And Administrative Expense 83,577 13,034 6,699 15,093 7,259 --
Other Operating Expenses -- 9,199 4,519 6,088 1,661 3,803
Operating Expense 103,721 22,233 11,218 21,181 7,259 --
Operating Income -104,973 -22,233 -11,218 -21,181 -7,259 --
EBIT -104,973 -22,233 -11,218 -21,181 -7,259 --
Other Income Expense -5,263 -- -- -- -- --
Gain On Sale Of Security -5,263 -- -- -- -- --
Pretax Income -110,236 -22,233 -11,218 -21,181 -7,259 --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -110,236 -22,233 -11,218 -21,181 -7,259 --
Net Income From Continuing Operation Net Minority Interest -110,236 -22,233 -11,218 -21,181 -7,259 --
Net Income Including Noncontrolling Interests -110,236 -22,233 -11,218 -21,181 -7,259 --
Net Income Common Stockholders -110,236 -22,233 -11,218 -21,181 -7,259 --
Net Income -110,236 -22,233 -11,218 -21,181 -7,259 --
EBITDA -104,973 -22,233 -11,218 -21,181 -7,259 --
Normalized EBITDA -99,710 -22,233 -11,218 -21,181 -7,259 --
Basic EPS 0.00 0.00 0.00 -- 0.00 0.00
Diluted EPS 0.00 0.00 0.00 -- 0.00 0.00
Basic Average Shares 36.8M 22.6M 16.5M -- 16.5M 16.5M
Diluted Average Shares 36.8M 22.6M 16.5M -- 16.5M 16.5M
Total Unusual Items -5,263 -- -- -- -- --
Total Unusual Items Excluding Goodwill -5,263 -- -- -- -- --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00 --
Normalized Income -104,973 -22,233 -11,218 -21,181 -7,259 --
Diluted NI Availto Com Stockholders -110,236 -22,233 -11,218 -21,181 -7,259 --
Net Income Continuous Operations -110,236 -22,233 -11,218 -21,181 -7,259 --
Other Gand A 75,927 13,034 6,699 15,093 7,259 --
Reconciled Cost Of Revenue 1,252 -- -- -- -- --
Rent And Landing Fees 7,650 -- -- -- 0.00 --
Rent Expense Supplemental 7,650 -- -- -- 0.00 --
Selling And Marketing Expense 20,144 -- -- -- 0.00 --
Total Expenses 104,973 22,233 11,218 21,181 7,259 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 2.3M 334,365 6,942 25,371 42,380 --
Cash Cash Equivalents And Short Term Investments 2.3M 334,365 6,942 25,371 42,380 --
Cash Financial 2.3M 334,365 6,942 25,371 42,380 --
Accounts Receivable 6,660 -- -- -- -- --
Receivables 6,660 1,769 1,425 2,214 1,711 --
Prepaid Assets 140,447 -- -- -- -- --
Current Assets 2.5M 336,134 8,367 27,585 44,091 --
Gross PPE 2.1M -- -- -- -- --
Accumulated Depreciation -1,252 -- -- -- -- --
Net PPE 2.1M -- -- -- -- --
Investments And Advances 43,059 -- -- -- -- --
Other Investments 43,059 -- -- -- -- --
Total Non Current Assets 2.1M 0.00 0.00 0.00 0.00 --
Total Assets 4.6M 336,134 8,367 27,585 44,091 --
Accounts Payable -- -- -- 8,000 -- --
Payables -- -- -- 8,000 -- --
Payables And Accrued Expenses 154,968 0.00 0.00 8,000 3,325 --
Current Liabilities 154,968 0.00 0.00 8,000 3,325 --
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 0.00 --
Total Liabilities Net Minority Interest 154,968 0.00 0.00 8,000 3,325 --
Common Stock 18.9M 14.7M 14.4M 14.4M 14.4M --
Capital Stock 18.9M 14.7M 14.4M 14.4M 14.4M --
Retained Earnings -16.3M -16.2M -16.2M -16.2M -16.2M --
Gains Losses Not Affecting Retained Earnings 1.9M 1.8M 100,000 100,000 1.8M --
Other Equity Adjustments -- -- 100,000 100,000 1.8M 100,000
Common Stock Equity 4.4M 336,134 8,367 19,585 40,766 --
Stockholders Equity 4.4M 336,134 8,367 19,585 40,766 --
Total Equity Gross Minority Interest 4.4M 336,134 8,367 19,585 40,766 --
Total Capitalization 4.4M 336,134 8,367 19,585 40,766 --
Net Tangible Assets 4.4M 336,134 8,367 19,585 40,766 --
Tangible Book Value 4.4M 336,134 8,367 19,585 40,766 --
Working Capital 2.3M 336,134 8,367 19,585 40,766 --
Invested Capital 4.4M 336,134 8,367 19,585 40,766 --
Share Issued 36.8M 23.5M 16.5M 16.5M 16.5M --
Ordinary Shares Number 36.8M 23.5M 16.5M 16.5M 16.5M --
Other Equity Interest -- -- 1.7M 1.7M -- 1.7M
Other Properties 2.1M -- -- -- -- --
Taxes Receivable -- 1,769 1,425 2,214 1,711 1,370
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow -32,777 -22,577 -18,429 -17,009 -5,587 --
Cash Flow From Continuing Operating Activities -32,777 -22,577 -18,429 -17,009 -5,587 --
Change In Working Capital 76,207 -344.00 -7,211 4,172 1,672 --
Change In Receivables -4,892 -343.00 789.00 -502.00 -342.00 --
Change In Payables And Accrued Expense 154,969 -1.00 -8,000 4,674 2,014 --
Change In Payable -- -- -8,000 -- 2,014 707.00
Issuance Of Capital Stock 2.2M -- -- -- 0.00 --
Net Common Stock Issuance 2.2M -- -- -- 0.00 --
Financing Cash Flow 2.2M -- -- -- 0.00 --
Cash Flow From Continuing Financing Activities 2.2M -- -- -- 0.00 --
Changes In Cash 2.0M 327,423 -18,429 -17,009 -5,587 --
Beginning Cash Position 334,365 6,942 25,371 42,380 47,967 --
End Cash Position 2.3M 334,365 6,942 25,371 42,380 --
Free Cash Flow -127,783 -22,577 -18,429 -17,009 -5,587 --
Change In Account Payable -- -- -8,000 -- 2,014 707.00
Change In Prepaid Assets -- -- -- -- 0.00 0.00
Common Stock Issuance 2.2M -- -- -- 0.00 --
Net Income From Continuing Operations -110,236 -22,233 -11,218 -21,181 -7,259 --
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