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Western Exploration 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 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 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 423,137 465,212 421,268 572,336 491,704
General And Administrative Expense 423,137 465,212 421,268 572,336 491,704
Depreciation And Amortization In Income Statement 1,812 1,592 1,580 1,593 1,592
Other Operating Expenses 1.2M 346,862 342,011 884,374 2.6M
Operating Expense 1.6M 813,666 764,859 1.5M 3.1M
Operating Income -1.6M -813,666 -764,859 -1.5M -3.1M
EBIT -1.6M -813,666 -764,859 -1.5M -3.1M
Interest Income 14,681 47.00 2,587 22,457 38,629
Interest Income Non Operating 14,681 47.00 2,587 22,457 38,629
Net Interest Income 14,681 47.00 2,587 22,457 38,629
Other Income Expense -422.00 -2,065 21,534 55,343 -17,508
Special Income Charges -- -- -- 0.00 0.00
Gain On Sale Of Security -422.00 -2,065 21,534 55,343 -17,508
Pretax Income -1.6M -815,684 -740,738 -1.4M -3.1M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -1.6M -815,684 -740,738 -1.4M -3.1M
Net Income From Continuing Operation Net Minority Interest -1.6M -815,684 -740,738 -1.4M -3.1M
Net Income Including Noncontrolling Interests -1.6M -815,684 -740,738 -1.4M -3.1M
Net Income Common Stockholders -1.6M -815,684 -740,738 -1.4M -3.1M
Net Income -1.6M -815,684 -740,738 -1.4M -3.1M
EBITDA -1.6M -812,074 -763,279 -1.5M -3.1M
Normalized EBITDA -1.6M -810,009 -784,813 -1.5M -3.1M
Reconciled Depreciation 1,812 1,592 1,580 1,592 1,592
Basic EPS -0.03 -0.02 -0.02 -- -0.07
Diluted EPS -0.03 -0.02 -0.02 -- -0.07
Basic Average Shares 52.6M 47.4M 45.4M -- 43.9M
Diluted Average Shares 52.6M 47.4M 45.4M -- 43.9M
Total Unusual Items -422.00 -2,065 21,534 55,343 -17,508
Total Unusual Items Excluding Goodwill -422.00 -2,065 21,534 55,343 -17,508
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -1.6M -813,619 -762,272 -1.4M -3.1M
Depreciation Amortization Depletion Income Statement 1,812 1,592 1,580 1,593 1,592
Depreciation Income Statement 1,812 1,592 1,580 1,593 1,592
Diluted NI Availto Com Stockholders -1.6M -815,684 -740,738 -1.4M -3.1M
Gain On Sale Of Ppe -- -- -- 0.00 0.00
Net Income Continuous Operations -1.6M -815,684 -740,738 -1.4M -3.1M
Net Non Operating Interest Income Expense 14,681 47.00 2,587 22,457 38,629
Other Gand A 297,616 317,393 275,146 228,463 259,519
Salaries And Wages 125,521 147,819 146,122 343,873 232,185
Total Expenses 1.6M 813,666 764,859 1.5M 3.1M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 1.5M 3.2M 465,199 990,599 2.5M
Cash Cash Equivalents And Short Term Investments 1.5M 3.2M 465,199 990,599 2.5M
Cash Financial -- 3.2M 465,199 990,599 2.5M
Receivables 20,437 15,509 -- 0.00 1,001
Prepaid Assets 71,898 77,320 70,004 100,905 95,476
Current Assets 1.6M 3.3M 535,203 1.1M 2.6M
Gross PPE 8.3M 8.3M 8.3M 8.3M 8.3M
Accumulated Depreciation -317,948 -316,136 -314,544 -312,964 -311,371
Net PPE 8.0M 7.9M 7.9M 8.0M 8.0M
Other Non Current Assets 610,950 610,950 610,950 610,950 610,950
Total Non Current Assets 8.6M 8.6M 8.6M 8.6M 8.6M
Total Assets 10.2M 11.9M 9.1M 9.7M 11.2M
Accounts Payable 249,372 296,656 231,330 125,085 353,315
Payables 310,879 358,163 671,426 125,085 353,315
Payables And Accrued Expenses 311,056 358,617 684,727 125,526 353,915
Current Accrued Expenses 177.00 454.00 13,301 441.00 600.00
Current Liabilities 311,056 358,617 684,727 125,526 353,915
Total Non Current Liabilities Net Minority Interest 1.1M 1.0M 601,891 1.0M 1.1M
Total Liabilities Net Minority Interest 1.4M 1.4M 1.3M 1.2M 1.4M
Common Stock 55.3M 55.3M 52.7M 52.7M 52.7M
Capital Stock 55.3M 55.3M 52.7M 52.7M 52.7M
Additional Paid In Capital 22.5M 22.5M 21.7M 21.6M 21.3M
Retained Earnings -68.8M -67.2M -66.4M -65.6M -64.2M
Gains Losses Not Affecting Retained Earnings -204,553 -157,886 -182,753 -185,509 -88,693
Other Equity Adjustments -204,553 -157,886 -182,753 -185,509 -88,693
Common Stock Equity 8.8M 10.4M 7.8M 8.5M 9.7M
Stockholders Equity 8.8M 10.4M 7.8M 8.5M 9.7M
Total Equity Gross Minority Interest 8.8M 10.4M 7.8M 8.5M 9.7M
Total Capitalization 8.8M 10.4M 7.8M 8.5M 9.7M
Net Tangible Assets 8.8M 10.4M 7.8M 8.5M 9.7M
Tangible Book Value 8.8M 10.4M 7.8M 8.5M 9.7M
Working Capital 1.3M 2.9M -149,524 965,978 2.2M
Invested Capital 8.8M 10.4M 7.8M 8.5M 9.7M
Share Issued 52.6M 52.6M 45.4M 45.4M 45.4M
Ordinary Shares Number 52.6M 52.6M 45.4M 45.4M 45.4M
Dueto Related Parties Current 61,507 61,507 440,096 -- --
Dueto Related Parties Non Current 440,095 440,095 0.00 440,095 440,095
Long Term Provisions 614,567 608,229 601,891 595,553 636,515
Non Current Prepaid Assets 7,107 7,107 7,107 7,107 7,107
Other Properties 8.3M 8.3M 8.3M 8.3M 8.3M
Other Receivables 20,437 -- -- -- 1,001
Taxes Receivable -- 15,509 -- -- --
Tradeand Other Payables Non Current 0.00 0.00 0.00 0.00 0.00
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -1.6M -718,760 -526,880 -1.5M -2.6M
Cash Flow From Continuing Operating Activities -1.6M -718,760 -526,880 -1.5M -2.6M
Depreciation And Amortization 1,812 1,592 1,580 1,592 1,592
Depreciation Amortization Depletion 1,812 1,592 1,580 1,592 1,592
Stock Based Compensation 35,255 57,275 54,657 253,784 141,867
Change In Working Capital -47,067 29,654 150,006 -233,818 314,987
Change In Receivables -4,928 -- -- -- --
Change In Payables And Accrued Expense -47,561 52,479 119,105 -228,389 306,090
Change In Payable -47,561 52,479 119,105 -- 306,090
Other Non Cash Items 6,338 6,338 6,338 -- --
Net PPE Purchase And Sale -- -- -- 0.00 0.00
Investing Cash Flow -- -- -- 0.00 0.00
Cash Flow From Continuing Investing Activities -- -- -- 0.00 0.00
Issuance Of Capital Stock 0.00 3.4M 0.00 -13,773 1.2M
Net Common Stock Issuance 0.00 3.4M 0.00 -13,773 1.2M
Financing Cash Flow 0.00 3.4M 0.00 -13,773 1.2M
Cash Flow From Continuing Financing Activities 0.00 3.4M 0.00 -13,773 1.2M
Effect Of Exchange Rate Changes -47,088 22,801 1,480 -- 0.00
Changes In Cash -1.6M 2.7M -526,880 -1.5M -1.4M
Beginning Cash Position 3.8M 1.1M 1.6M 3.1M 4.5M
End Cash Position 2.1M 3.8M 1.1M 1.6M 3.1M
Free Cash Flow -1.6M -718,760 -526,880 -1.5M -2.6M
Change In Account Payable -- 52,479 119,105 -- --
Change In Prepaid Assets 5,422 -7,316 30,901 -5,429 8,897
Common Stock Issuance 0.00 3.4M 0.00 -13,773 1.2M
Depreciation 1,812 1,592 1,580 1,592 1,592
Gain Loss On Sale Of PPE -- -- -- 0.00 0.00
Net Foreign Currency Exchange Gain Loss 421.00 2,065 1,277 -95,814 14,712
Net Income From Continuing Operations -1.6M -815,684 -740,738 -1.4M -3.1M
Net Other Financing Charges 0.00 -- -- -- --
Operating Gains Losses 421.00 2,065 1,277 -95,814 14,712
Sale Of PPE -- -- -- 0.00 0.00
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