West High Yield (W.H.Y.) Resources Ltd.
Financial Statements (IFRS) · Amounts in CAD
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 | 12,010 | 18,749 | 22,741 | 11,466 |
| Gross Profit | -12,010 | -18,749 | -22,741 | -11,466 |
| Selling General And Administration | 358,512 | 477,598 | 27,774 | 988,518 |
| General And Administrative Expense | 358,512 | 477,598 | 27,774 | 988,518 |
| Depreciation And Amortization In Income Statement | -- | 18,749 | 22,741 | 11,466 |
| Other Operating Expenses | 2.5M | 2.4M | 4.0M | 1.2M |
| Operating Expense | 2.8M | 2.9M | 4.0M | 2.2M |
| Operating Income | -2.9M | -2.9M | -4.0M | -2.2M |
| EBIT | -2.8M | -2.9M | -3.9M | -2.2M |
| Interest Expense | 1.5M | 261,958 | 339,163 | 388,993 |
| Interest Expense Non Operating | 1.5M | 261,958 | 339,163 | 388,993 |
| Net Interest Income | -1.5M | -261,958 | -339,163 | -388,993 |
| Other Income Expense | 75,000 | -- | 156,649 | -1,188 |
| Special Income Charges | 75,000 | 0.00 | 156,969 | 0.00 |
| Gain On Sale Of Security | -- | -- | -320.00 | -1,188 |
| Pretax Income | -4.3M | -3.1M | -4.2M | -2.6M |
| Tax Provision | -- | 0.00 | -416,659 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 15,435 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -4.3M | -3.1M | -3.8M | -2.6M |
| Net Income From Continuing Operation Net Minority Interest | -4.3M | -3.1M | -3.8M | -2.6M |
| Net Income Including Noncontrolling Interests | -4.3M | -3.1M | -3.8M | -2.6M |
| Minority Interests | 1,227 | 451.00 | 28.00 | 6,356 |
| Net Income Common Stockholders | -4.3M | -3.1M | -3.8M | -2.6M |
| Net Income | -4.3M | -3.1M | -3.8M | -2.6M |
| EBITDA | -2.8M | -2.9M | -3.9M | -2.2M |
| Normalized EBITDA | -2.8M | -2.9M | -4.0M | -2.2M |
| Reconciled Depreciation | 12,010 | 18,749 | 22,741 | 11,466 |
| Basic EPS | -0.05 | -0.04 | -0.05 | -0.04 |
| Diluted EPS | -0.05 | -0.04 | -0.05 | -0.04 |
| Basic Average Shares | 93.8M | 85.8M | 79.3M | 69.4M |
| Diluted Average Shares | 93.8M | 85.8M | 79.3M | 69.4M |
| Total Unusual Items | 75,000 | 0.00 | 156,649 | -1,188 |
| Total Unusual Items Excluding Goodwill | 75,000 | 0.00 | 156,649 | -1,188 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.10 | 0.00 |
| Normalized Income | -4.4M | -3.1M | -4.0M | -2.6M |
| Depreciation Amortization Depletion Income Statement | -- | 18,749 | 22,741 | 11,466 |
| Diluted NI Availto Com Stockholders | -4.3M | -3.1M | -3.8M | -2.6M |
| Net Income Continuous Operations | -4.3M | -3.1M | -3.8M | -2.6M |
| Net Non Operating Interest Income Expense | -1.5M | -261,958 | -339,163 | -388,993 |
| Other Gand A | -- | -- | 1.4M | 974,910 |
| Other Special Charges | -75,000 | -- | -156,969 | -- |
| Reconciled Cost Of Revenue | 12,010 | 18,749 | 22,741 | 11,466 |
| Salaries And Wages | 358,512 | 477,598 | 27,774 | 988,518 |
| Total Expenses | 2.9M | 2.9M | 4.0M | 2.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 245,393 | 168,544 | 1.0M | 133,465 |
| Cash Cash Equivalents And Short Term Investments | 245,393 | 168,544 | 1.0M | 133,465 |
| Cash Financial | 245,393 | 168,544 | -- | -- |
| Accounts Receivable | -- | 515.00 | 117,783 | 23,738 |
| Receivables | 46,415 | 515.00 | 117,783 | 2.5M |
| Prepaid Assets | 49,000 | 79,411 | 62,264 | 148,103 |
| Current Assets | 340,808 | 248,470 | 1.2M | 2.8M |
| Gross PPE | 1.9M | 1.9M | 2.0M | 1.9M |
| Accumulated Depreciation | -362,496 | -350,486 | -397,888 | -375,149 |
| Net PPE | 1.5M | 1.5M | 1.6M | 1.5M |
| Other Non Current Assets | 68,568 | 68,568 | 68,568 | 68,568 |
| Total Non Current Assets | 1.6M | 1.6M | 1.6M | 1.6M |
| Total Assets | 1.9M | 1.9M | 2.9M | 4.4M |
| Current Debt | 5.8M | 4.0M | 3.7M | 3.5M |
| Current Debt And Capital Lease Obligation | 5.8M | 4.0M | 3.8M | 3.5M |
| Payables And Accrued Expenses | 2.1M | 2.0M | 2.0M | 2.2M |
| Other Current Liabilities | 283,604 | 113,604 | 125,600 | 416,659 |
| Current Liabilities | 8.2M | 6.0M | 5.9M | 6.2M |
| Long Term Debt | -- | -- | -- | 1.8M |
| Long Term Debt And Capital Lease Obligation | -- | -- | -- | 1.8M |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 1.8M |
| Total Liabilities Net Minority Interest | 8.2M | 6.0M | 5.9M | 8.0M |
| Common Stock | 22.7M | 20.5M | 19.9M | 16.4M |
| Capital Stock | 22.7M | 20.5M | 19.9M | 16.4M |
| Additional Paid In Capital | 9.6M | 9.4M | 8.5M | 8.5M |
| Retained Earnings | -40.4M | -36.1M | -33.0M | -29.2M |
| Common Stock Equity | -6.2M | -4.2M | -3.0M | -3.6M |
| Stockholders Equity | -6.2M | -4.2M | -3.0M | -3.6M |
| Total Equity Gross Minority Interest | -6.2M | -4.2M | -3.0M | -3.6M |
| Minority Interest | -8,062 | -6,835 | -6,384 | -6,356 |
| Total Capitalization | -6.2M | -4.2M | -3.0M | -1.8M |
| Net Tangible Assets | -6.2M | -4.2M | -3.0M | -3.6M |
| Tangible Book Value | -6.2M | -4.2M | -3.0M | -3.6M |
| Working Capital | -7.8M | -5.8M | -4.6M | -3.4M |
| Invested Capital | -405,485 | -214,679 | 744,784 | 1.8M |
| Total Debt | 5.8M | 4.0M | 3.8M | 5.3M |
| Net Debt | 5.6M | 3.8M | 2.7M | 5.2M |
| Share Issued | 101.2M | 89.5M | 84.0M | 74.3M |
| Ordinary Shares Number | 101.2M | 89.5M | 84.0M | 74.3M |
| Buildings And Improvements | 29,692 | 29,692 | 29,692 | 29,692 |
| Capital Lease Obligations | -- | 0.00 | 6,212 | 6,212 |
| Current Capital Lease Obligation | -- | 0.00 | 6,212 | 6,212 |
| Machinery Furniture Equipment | 269,346 | 266,846 | 266,846 | 221,374 |
| Other Current Borrowings | 5.8M | 4.0M | 3.7M | 3.5M |
| Other Equity Interest | 1.8M | 2.0M | 1.5M | 705,938 |
| Other Properties | 1.6M | 1.6M | 1.7M | 1.6M |
| Other Receivables | -- | -- | -- | 2.5M |
| Taxes Receivable | 46,415 | 515.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -2.5M | -2.4M | -1.8M | -3.9M |
| Cash Flow From Continuing Operating Activities | -2.5M | -2.4M | -1.8M | -3.9M |
| Depreciation And Amortization | 12,010 | 18,749 | 22,741 | 11,466 |
| Depreciation Amortization Depletion | 12,010 | 18,749 | 22,741 | 11,466 |
| Stock Based Compensation | 358,512 | 477,598 | 27,774 | 988,518 |
| Deferred Tax | -- | 0.00 | -416,659 | 0.00 |
| Deferred Income Tax | -- | 0.00 | -416,659 | 0.00 |
| Change In Working Capital | 89,372 | 81,692 | 2.3M | -2.8M |
| Changes In Account Receivables | -- | 117,268 | 2.4M | -2.5M |
| Change In Receivables | -45,900 | 117,269 | 2.4M | -2.5M |
| Change In Payables And Accrued Expense | 104,861 | -18,431 | -220,813 | -143,320 |
| Change In Other Working Capital | -- | 1.00 | -- | -- |
| Other Non Cash Items | 1.4M | 203,998 | 298,116 | 387,192 |
| Capital Expenditure | -2,500 | -- | -45,474 | -37,995 |
| Purchase Of PPE | -2,500 | 0.00 | -45,474 | -37,995 |
| Net PPE Purchase And Sale | -2,500 | 0.00 | -45,474 | -37,995 |
| Investing Cash Flow | -2,500 | 0.00 | -45,474 | -37,995 |
| Cash Flow From Continuing Investing Activities | -2,500 | 0.00 | -45,474 | -37,995 |
| Issuance Of Debt | -- | -- | 0.00 | 774,000 |
| Repayment Of Debt | 0.00 | -6,212 | -9,196 | -202,456 |
| Net Issuance Payments Of Debt | 0.00 | -6,212 | -9,196 | 571,544 |
| Issuance Of Capital Stock | 2.6M | 1.5M | 2.8M | 3.7M |
| Net Common Stock Issuance | 2.6M | 1.5M | 2.8M | 3.7M |
| Financing Cash Flow | 2.6M | 1.5M | 2.7M | 4.1M |
| Cash Flow From Continuing Financing Activities | 2.6M | 1.5M | 2.7M | 4.1M |
| Changes In Cash | 76,849 | -877,681 | 912,760 | 115,450 |
| Beginning Cash Position | 168,544 | 1.0M | 133,465 | 18,015 |
| End Cash Position | 245,393 | 168,544 | 1.0M | 133,465 |
| Free Cash Flow | -2.5M | -2.4M | -1.8M | -4.0M |
| Interest Paid Supplemental Data | 2,586 | 45,864 | 41,047 | 1,803 |
| Change In Prepaid Assets | 30,411 | -17,146 | 85,839 | -92,973 |
| Common Stock Issuance | 2.6M | 1.5M | 2.8M | 3.7M |
| Depreciation | 12,010 | 18,749 | -- | -- |
| Long Term Debt Issuance | -- | -- | 0.00 | 774,000 |
| Long Term Debt Payments | 0.00 | -6,212 | -9,196 | -202,456 |
| Net Income From Continuing Operations | -4.3M | -3.1M | -3.8M | -2.6M |
| Net Long Term Debt Issuance | 0.00 | -6,212 | -9,196 | 571,544 |
| Net Other Financing Charges | -2,000 | -7,653 | -112,388 | -155,262 |
| Operating Gains Losses | -75,000 | -- | -156,969 | -- |