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World Copper Ltd.

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 6,300 4,979 5,006 0.00
Gross Profit -6,300 -4,979 -5,006 0.00
Selling General And Administration 3.7M 3.2M 9.6M 4.5M
General And Administrative Expense 3.7M 3.2M 9.6M 4.5M
Other Operating Expenses 1.3M 1.1M 6.4M 1.8M
Operating Expense 5.0M 1.9M 16.0M 6.4M
Operating Income -5.0M -1.9M -16.0M -6.4M
EBIT -27.0M -2.9M -15.9M -6.4M
Interest Expense 326,899 688,191 512,971 8,113
Interest Expense Non Operating 326,899 688,191 512,971 8,113
Interest Income 0.00 7,839 0.00 --
Interest Income Non Operating 0.00 7,839 0.00 --
Net Interest Income -326,899 -680,352 -512,971 -8,113
Other Income Expense -21.9M -1.1M 82,087 -5,184
Special Income Charges -21.8M -975,568 285,353 0.00
Write Off 8,448 0.00 -- --
Gain On Sale Of Security -175,915 -110,970 -203,266 -5,184
Pretax Income -27.3M -3.6M -16.4M -6.4M
Tax Provision 0.00 33,607 0.00 --
Tax Effect Of Unusual Items 0.00 -434,615 0.00 0.00
Net Income From Continuing And Discontinued Operation -27.3M -3.7M -16.4M -6.4M
Net Income From Continuing Operation Net Minority Interest -27.3M -3.7M -16.4M -6.4M
Net Income Including Noncontrolling Interests -27.3M -3.7M -16.4M -6.4M
Net Income Common Stockholders -27.3M -3.7M -16.4M -6.4M
Net Income -27.3M -3.7M -16.4M -6.4M
EBITDA -26.9M -2.9M -15.9M -6.4M
Normalized EBITDA -5.0M -1.8M -16.0M -6.4M
Reconciled Depreciation 6,300 4,979 5,006 0.00
Basic EPS -0.15 -0.03 -0.16 -0.14
Diluted EPS -0.15 -0.03 -0.16 -0.14
Basic Average Shares 180.3M 122.0M 100.6M 44.8M
Diluted Average Shares 180.3M 122.0M 100.6M 44.8M
Total Unusual Items -21.9M -1.1M 82,087 -5,184
Total Unusual Items Excluding Goodwill -21.9M -1.1M 82,087 -5,184
Tax Rate For Calcs 0.00 0.40 0.00 0.00
Normalized Income -5.3M -3.0M -16.5M -6.4M
Diluted NI Availto Com Stockholders -27.3M -3.7M -16.4M -6.4M
Gain On Sale Of Ppe -- 0.00 285,353 0.00
Impairment Of Capital Assets 22.0M 279,367 0.00 --
Insurance And Claims 52,310 74,958 68,473 10,615
Net Income Continuous Operations -27.3M -3.7M -16.4M -6.4M
Net Non Operating Interest Income Expense -326,899 -680,352 -512,971 -8,113
Other Gand A 2.5M 2.5M 4.3M 3.3M
Other Special Charges -289,397 696,201 -- --
Other Taxes 0.00 -2.4M 0.00 --
Reconciled Cost Of Revenue 6,300 4,979 5,006 0.00
Rent And Landing Fees 100,266 118,447 95,861 60,938
Rent Expense Supplemental 100,266 118,447 95,861 60,938
Salaries And Wages 1.0M 461,848 5.2M 1.2M
Total Expenses 5.0M 1.9M 16.0M 6.4M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 193,977 14,329 7,409 2.3M
Cash Cash Equivalents And Short Term Investments 193,977 14,329 567,409 2.3M
Cash Financial 193,977 14,329 7,409 2.3M
Other Short Term Investments -- 0.00 560,000 0.00
Accounts Receivable 70,531 92,612 272,206 97,228
Receivables 70,531 92,612 272,206 97,228
Prepaid Assets 126,979 139,230 446,270 543,286
Current Assets 21.0M 246,171 1.3M 3.0M
Gross PPE 16,286 42.7M 42.4M --
Accumulated Depreciation -16,285 -9,985 -5,006 --
Net PPE 1.00 42.7M 42.4M 6.6M
Total Non Current Assets 7,588 42.7M 42.5M 7.6M
Total Assets 21.0M 42.9M 43.7M 10.6M
Current Debt 123,183 4.5M 2.7M 12,500
Current Debt And Capital Lease Obligation 123,183 4.5M 2.7M 12,500
Accounts Payable 2.7M 2.4M 3.0M 446,209
Payables 2.7M 2.4M 3.1M 1.1M
Payables And Accrued Expenses 2.7M 2.4M 3.1M 1.1M
Current Liabilities 2.9M 6.9M 5.8M 1.1M
Long Term Debt 2.0M -- 1.3M --
Long Term Debt And Capital Lease Obligation 2.0M -- 1.3M --
Total Non Current Liabilities Net Minority Interest 2.0M 0.00 1.3M 0.00
Total Liabilities Net Minority Interest 4.8M 6.9M 7.1M 1.1M
Common Stock 61.2M 55.2M 53.2M 17.1M
Capital Stock 61.2M 55.2M 53.2M 17.1M
Retained Earnings -47.7M -21.6M -18.8M -9.0M
Common Stock Equity 16.2M 36.1M 36.7M 9.5M
Stockholders Equity 16.2M 36.1M 36.7M 9.5M
Total Equity Gross Minority Interest 16.2M 36.1M 36.7M 9.5M
Total Capitalization 18.2M 36.1M 38.0M 9.5M
Net Tangible Assets 16.2M 36.1M 36.7M 9.5M
Tangible Book Value 16.2M 36.1M 36.7M 9.5M
Working Capital 18.2M -6.6M -4.5M 1.9M
Invested Capital 18.3M 40.6M 40.7M 9.5M
Total Debt 2.1M 4.5M 4.0M 12,500
Net Debt 1.9M 4.5M 4.0M --
Share Issued 224.0M 125.0M 113.7M 60.4M
Ordinary Shares Number 224.0M 125.0M 113.7M 60.4M
Assets Held For Sale Current 20.6M 0.00 -- --
Duefrom Related Parties Non Current -- -- 0.00 97,854
Dueto Related Parties Current -- 112,450 112,450 624,935
Dueto Related Parties Non Current -- -- -- 0.00
Machinery Furniture Equipment 16,285 16,285 16,285 --
Non Current Accounts Receivable -- -- -- 97,854
Non Current Deferred Assets -- -- 0.00 558,719
Non Current Prepaid Assets 7,587 7,587 81,731 399,200
Other Current Borrowings 123,183 4.5M 2.7M 12,500
Other Equity Interest 2.8M 2.5M 2.3M 1.5M
Other Properties 1.00 42.7M 42.4M --
Tradeand Other Payables Non Current -- -- -- 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -3.9M -1.9M -6.3M -5.8M
Cash Flow From Continuing Operating Activities -3.9M -1.9M -6.3M -5.8M
Depreciation And Amortization 6,300 4,979 5,006 0.00
Depreciation Amortization Depletion 6,300 4,979 5,006 0.00
Stock Based Compensation 1.0M 84,945 4.9M 1.0M
Change In Working Capital 71,257 -151,344 2.0M -1.4M
Change In Receivables 13,633 179,594 -136,770 -61,468
Change In Payables And Accrued Expense 45,373 -712,122 1.7M -442,510
Other Non Cash Items 324,522 686,096 3.6M 947,556
Capital Expenditure -- -583,818 -751,942 -371,143
Purchase Of PPE 0.00 -583,818 -751,942 -371,143
Net PPE Purchase And Sale 0.00 -583,818 -751,942 -371,143
Purchase Of Business -- 0.00 -92,070 -558,719
Sale Of Business -- 0.00 7,106 382.00
Sale Of Investment 0.00 500,000 0.00 --
Net Investment Purchase And Sale 0.00 500,000 0.00 --
Investing Cash Flow 0.00 -83,818 -836,906 -929,480
Cash Flow From Continuing Investing Activities 0.00 -83,818 -836,906 -929,480
Issuance Of Debt -- -- -- 0.00
Repayment Of Debt -2.6M 0.00 -12,500 0.00
Net Issuance Payments Of Debt -2.6M 0.00 -12,500 0.00
Issuance Of Capital Stock 6.9M 2.0M 5.6M 9.8M
Net Common Stock Issuance 6.9M 2.0M 5.6M 9.8M
Financing Cash Flow 4.1M 2.0M 4.9M 8.8M
Cash Flow From Continuing Financing Activities 4.1M 2.0M 4.9M 8.8M
Changes In Cash 179,648 6,920 -2.3M 2.0M
Beginning Cash Position 14,329 7,409 2.3M 330,655
End Cash Position 193,977 14,329 7,409 2.3M
Free Cash Flow -3.9M -2.5M -7.1M -6.2M
Income Tax Paid Supplemental Data 0.00 0.00 0.00 0.00
Interest Paid Supplemental Data 1.6M 0.00 0.00 4,881
Asset Impairment Charge 21.8M 279,367 0.00 --
Change In Prepaid Assets 12,251 381,184 424,783 -929,486
Common Stock Issuance 6.9M 2.0M 5.6M 9.8M
Depreciation 6,300 4,979 5,006 0.00
Gain Loss On Investment Securities 8,448 60,000 -470,000 --
Long Term Debt Issuance -- -- -- 0.00
Long Term Debt Payments -- 0.00 -12,500 0.00
Net Business Purchase And Sale -- 0.00 -84,964 -558,337
Net Foreign Currency Exchange Gain Loss 182,865 70,780 139,442 0.00
Net Income From Continuing Operations -27.3M -3.7M -16.4M -6.4M
Net Long Term Debt Issuance -- 0.00 -12,500 0.00
Net Other Financing Charges -241,361 -19,175 -697,699 -1.0M
Net Other Investing Changes -- -- -- -558,719
Net Short Term Debt Issuance -2.6M 0.00 -- --
Operating Gains Losses 99,351 826,981 -330,558 --
Short Term Debt Payments -2.6M 0.00 -- --
Unrealized Gain Loss On Investment Securities -- 0.00 -90,000 0.00
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