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Western Exploration 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 -- -- 10,571 12,536
Gross Profit -- -- -10,571 -12,536
Selling General And Administration 2.1M 2.2M 3.4M 1.1M
General And Administrative Expense 2.1M 2.2M 3.4M 1.1M
Depreciation And Amortization In Income Statement 6,370 9,218 10,571 12,536
Other Operating Expenses 3.8M 2.4M 2.2M 846,790
Operating Expense 5.9M 4.6M 5.6M 1.9M
Operating Income -5.9M -4.6M -5.6M -1.9M
EBIT -5.9M -4.6M -5.6M -1.8M
Interest Expense -- -- 0.00 21,134
Interest Expense Non Operating -- -- 0.00 21,134
Interest Income 105,297 44,831 13,412 0.00
Interest Income Non Operating 105,297 44,831 13,412 0.00
Net Interest Income 105,297 44,831 13,412 -21,134
Other Income Expense 40,285 -15,723 213,002 107,829
Special Income Charges 0.00 6,817 -103,834 115,507
Restructuring And Mergern Acquisition -- -- 0.00 1.9M
Gain On Sale Of Security 40,285 -22,540 316,836 -7,678
Pretax Income -5.7M -4.5M -5.4M -1.9M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -5.7M -4.5M -5.4M -1.9M
Net Income From Continuing Operation Net Minority Interest -5.7M -4.5M -5.4M -1.9M
Net Income Including Noncontrolling Interests -5.7M -4.5M -5.4M -1.9M
Net Income Common Stockholders -5.7M -4.5M -5.4M -1.9M
Net Income -5.7M -4.5M -5.4M -1.9M
EBITDA -5.9M -4.6M -5.6M -1.8M
Normalized EBITDA -5.9M -4.6M -5.8M -1.9M
Reconciled Depreciation 6,370 9,217 10,571 12,536
Basic EPS -0.14 -0.14 -0.18 -0.06
Diluted EPS -0.14 -0.14 -0.18 -0.06
Basic Average Shares 42.0M 33.1M 30.6M 30.4M
Diluted Average Shares 42.0M 33.1M 30.6M 30.4M
Total Unusual Items 40,285 -15,723 213,002 107,829
Total Unusual Items Excluding Goodwill 40,285 -15,723 213,002 107,829
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -5.8M -4.5M -5.6M -2.0M
Depreciation Amortization Depletion Income Statement 6,370 9,218 10,571 12,536
Depreciation Income Statement 6,370 9,218 10,571 12,536
Diluted NI Availto Com Stockholders -5.7M -4.5M -5.4M -1.9M
Gain On Sale Of Ppe 0.00 6,817 10,000 1.7M
Net Income Continuous Operations -5.7M -4.5M -5.4M -1.9M
Net Non Operating Interest Income Expense 105,297 44,831 13,412 -21,134
Other Gand A 1.2M 1.3M 1.6M 677,640
Other Special Charges -- -- 113,834 -297,874
Reconciled Cost Of Revenue -- -- 10,571 12,536
Salaries And Wages 871,738 846,241 1.8M 406,681
Total Expenses 5.9M 4.6M 5.6M 1.9M
Total Other Finance Cost -- -- -- 21,134
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 990,599 519,701 1.3M 5.5M
Cash Cash Equivalents And Short Term Investments 990,599 519,701 1.3M 5.5M
Cash Financial 990,599 519,701 1.3M 5.5M
Receivables 0.00 1,022 998.00 1,060
Prepaid Assets 100,905 201,418 124,530 28,847
Current Assets 1.1M 722,141 1.4M 5.5M
Gross PPE 8.3M 8.3M 8.3M 8.3M
Accumulated Depreciation -312,964 -306,594 -324,876 -330,878
Net PPE 8.0M 8.0M 8.0M 8.0M
Other Non Current Assets 610,950 610,951 610,950 623,297
Total Non Current Assets 8.6M 8.6M 8.6M 8.6M
Total Assets 9.7M 9.3M 10.0M 14.1M
Accounts Payable 125,085 111,216 56,487 1.2M
Payables 125,085 111,216 56,487 1.7M
Payables And Accrued Expenses 125,526 249,074 109,416 1.7M
Current Accrued Expenses 441.00 137,858 52,929 59,199
Other Current Liabilities -- -- 14,350 --
Current Liabilities 125,526 249,074 123,766 1.7M
Total Non Current Liabilities Net Minority Interest 1.0M 1.1M 941,255 784,062
Total Liabilities Net Minority Interest 1.2M 1.3M 1.1M 2.5M
Common Stock 52.7M 49.3M 46.9M 45.8M
Capital Stock 52.7M 49.3M 46.9M 45.8M
Additional Paid In Capital 21.6M 18.6M 17.4M 15.8M
Retained Earnings -65.6M -59.9M -55.3M -50.0M
Gains Losses Not Affecting Retained Earnings -185,509 -50,361 -58,584 54,483
Other Equity Adjustments -185,509 -50,361 -58,584 54,483
Common Stock Equity 8.5M 8.0M 8.9M 11.6M
Stockholders Equity 8.5M 8.0M 8.9M 11.6M
Total Equity Gross Minority Interest 8.5M 8.0M 8.9M 11.6M
Total Capitalization 8.5M 8.0M 8.9M 11.6M
Net Tangible Assets 8.5M 8.0M 8.9M 11.6M
Tangible Book Value 8.5M 8.0M 8.9M 11.6M
Working Capital 965,978 473,067 1.3M 3.8M
Invested Capital 8.5M 8.0M 8.9M 11.6M
Share Issued 45.4M 34.4M 31.5M 30.4M
Ordinary Shares Number 45.4M 34.4M 31.5M 30.4M
Derivative Product Liabilities -- -- 0.00 276,110
Dueto Related Parties Current -- -- 0.00 446,346
Dueto Related Parties Non Current 440,095 440,095 440,095 0.00
Long Term Provisions 595,553 636,515 501,160 507,952
Non Current Prepaid Assets 7,107 7,107 7,107 6,886
Other Properties 8.3M 8.3M 8.3M 8.3M
Other Receivables -- 1,022 998.00 1,060
Tradeand Other Payables Non Current 0.00 0.00 0.00 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -5.4M -3.9M -5.1M -266,618
Cash Flow From Continuing Operating Activities -5.4M -3.9M -5.1M -266,618
Depreciation And Amortization 6,370 9,217 10,571 12,536
Depreciation Amortization Depletion 6,370 9,217 10,571 12,536
Stock Based Compensation 508,899 483,739 1.5M 0.00
Change In Working Capital -23,035 62,770 -907,346 1.0M
Change In Payables And Accrued Expense -123,548 139,658 -811,442 1.0M
Change In Payable -- 139,658 -811,442 1.0M
Other Non Cash Items -- -- -- 728,988
Capital Expenditure -- -- -- -43,834
Purchase Of PPE -- -- 0.00 -43,834
Net PPE Purchase And Sale 0.00 6,817 10,000 -21,334
Sale Of Business -- -- 0.00 64,450
Investing Cash Flow 0.00 6,817 10,000 43,116
Cash Flow From Continuing Investing Activities 0.00 6,817 10,000 43,116
Issuance Of Debt -- -- 0.00 275,000
Net Issuance Payments Of Debt -- -- 0.00 275,000
Issuance Of Capital Stock 5.9M 3.1M 834,107 4.2M
Net Common Stock Issuance 5.9M 3.1M 834,107 4.2M
Financing Cash Flow 5.9M 3.1M 834,107 4.5M
Cash Flow From Continuing Financing Activities 5.9M 3.1M 834,107 4.5M
Changes In Cash 470,898 -746,761 -4.2M 4.2M
Beginning Cash Position 1.1M 1.9M 6.1M 1.9M
End Cash Position 1.6M 1.1M 1.9M 6.1M
Free Cash Flow -5.4M -3.9M -5.1M -310,452
Change In Account Payable -- 139,658 -805,191 998,368
Change In Prepaid Assets 100,513 -76,888 -95,904 1,450
Common Stock Issuance 5.9M 3.1M 834,107 4.2M
Depreciation 6,370 9,217 10,571 12,536
Gain Loss On Investment Securities -- -14,350 -261,760 3,464
Gain Loss On Sale Of PPE 0.00 -6,817 -10,000 -22,500
Long Term Debt Issuance -- -- 0.00 275,000
Net Business Purchase And Sale -- -- 0.00 64,450
Net Foreign Currency Exchange Gain Loss -134,125 8,199 -113,005 54,483
Net Income From Continuing Operations -5.7M -4.5M -5.4M -1.9M
Net Long Term Debt Issuance -- -- 0.00 275,000
Operating Gains Losses -134,125 -12,968 -270,931 -262,427
Provisionand Write Offof Assets -40,962 135,355 -6,792 105,168
Sale Of PPE 0.00 6,817 10,000 22,500
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