Wallbridge Mining Company Limited
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 | 31,802 | 47,858 | 129,196 | 173,640 |
| Gross Profit | -31,802 | -47,858 | -129,196 | -173,640 |
| Selling General And Administration | 5.2M | 6.2M | 6.1M | 4.8M |
| General And Administrative Expense | 5.2M | 6.2M | 6.1M | 4.8M |
| Other Operating Expenses | 351,014 | 1.3M | 1.0M | -- |
| Operating Expense | 5.5M | 7.5M | 7.1M | 4.8M |
| Operating Income | -5.6M | -7.5M | -7.2M | -5.0M |
| EBIT | -8.2M | -7.4M | -22.9M | 306,510 |
| Interest Expense | 1,003 | 1,656 | 2,238 | 8,026 |
| Interest Expense Non Operating | 1,003 | 1,656 | 2,238 | 8,026 |
| Interest Income | 1.3M | 1.5M | 849,458 | 423,080 |
| Interest Income Non Operating | 1.3M | 1.5M | 849,458 | 423,080 |
| Net Interest Income | 1.3M | 1.5M | 847,220 | 415,054 |
| Other Income Expense | -3.9M | -1.4M | -16.5M | 4.9M |
| Other Non Operating Income Expenses | 1.8M | 1.8M | 9.1M | 7.2M |
| Special Income Charges | -4.9M | -3.4M | -25.2M | -1.6M |
| Write Off | 502,160 | 3.5M | 0.00 | -- |
| Gain On Sale Of Security | -- | 775,862 | -110,116 | -699,699 |
| Earnings From Equity Interest | -833,346 | -587,618 | -301,855 | -5,683 |
| Pretax Income | -8.2M | -7.4M | -22.9M | 298,484 |
| Tax Provision | 2.0M | 3.0M | 8.7M | 8.2M |
| Tax Effect Of Unusual Items | -734,356 | -1.0M | -6.6M | -602,438 |
| Net Income From Continuing And Discontinued Operation | -10.2M | -10.4M | -31.6M | -7.9M |
| Net Income From Continuing Operation Net Minority Interest | -10.2M | -10.4M | -31.6M | -7.9M |
| Net Income Including Noncontrolling Interests | -10.2M | -10.4M | -31.6M | -7.9M |
| Net Income Common Stockholders | -10.2M | -10.4M | -31.6M | -7.9M |
| Net Income | -10.2M | -10.4M | -31.6M | -7.9M |
| EBITDA | -8.2M | -7.4M | -22.8M | 480,150 |
| Normalized EBITDA | -3.3M | -4.8M | 2.5M | 2.8M |
| Reconciled Depreciation | 31,802 | 47,858 | 129,196 | 173,640 |
| Basic EPS | -0.01 | -0.01 | -0.04 | -0.01 |
| Diluted EPS | -0.01 | -0.01 | -0.04 | -0.01 |
| Basic Average Shares | 1.0B | 941.5M | 872.9M | 808.1M |
| Diluted Average Shares | 1.0B | 941.5M | 872.9M | 808.1M |
| Total Unusual Items | -4.9M | -2.6M | -25.3M | -2.3M |
| Total Unusual Items Excluding Goodwill | -4.9M | -2.6M | -25.3M | -2.3M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | -6.1M | -8.9M | -12.9M | -6.2M |
| Diluted NI Availto Com Stockholders | -10.2M | -10.4M | -31.6M | -7.9M |
| Gain On Sale Of Business | 0.00 | 103,357 | 1.7M | 0.00 |
| Gain On Sale Of Ppe | 125,143 | 59,852 | -27.6M | 0.00 |
| Impairment Of Capital Assets | 4.5M | 0.00 | -670,156 | 719,276 |
| Net Income Continuous Operations | -10.2M | -10.4M | -31.6M | -7.9M |
| Net Non Operating Interest Income Expense | 1.3M | 1.5M | 847,220 | 415,054 |
| Other Gand A | 4.5M | 5.3M | 5.1M | 4.1M |
| Other Special Charges | -- | -- | -275,667 | 854,376 |
| Reconciled Cost Of Revenue | 31,802 | 47,858 | 129,196 | 173,640 |
| Salaries And Wages | 639,965 | 911,992 | 928,318 | 772,902 |
| Total Expenses | 5.6M | 7.5M | 7.2M | 5.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 21.2M | 29.8M | 23.7M | 38.9M |
| Cash Cash Equivalents And Short Term Investments | 21.2M | 29.8M | 23.7M | 39.1M |
| Other Short Term Investments | -- | 0.00 | 52,500 | 115,317 |
| Accounts Receivable | -- | -- | 15.5M | 32.6M |
| Receivables | 5.3M | 9.2M | 15.5M | 32.6M |
| Prepaid Assets | 384,380 | 649,778 | 447,046 | 433,140 |
| Other Current Assets | -- | 2.5M | 2.5M | -- |
| Current Assets | 27.0M | 42.1M | 42.2M | 72.1M |
| Gross PPE | 301.8M | 291.5M | 272.1M | 277.2M |
| Accumulated Depreciation | -7.8M | -6.7M | -5.1M | -3.7M |
| Net PPE | 294.0M | 284.8M | 267.0M | 273.5M |
| Investments And Advances | 0.00 | 978,506 | 5.0M | 1.2M |
| Long Term Equity Investment | 0.00 | 978,506 | 5.0M | 1.2M |
| Other Non Current Assets | 2.9M | 3.3M | 3.3M | 3.3M |
| Total Non Current Assets | 296.8M | 289.0M | 277.9M | 278.0M |
| Total Assets | 323.8M | 331.2M | 320.1M | 350.1M |
| Current Debt And Capital Lease Obligation | 12,444 | 9,142 | 11,682 | 97,152 |
| Accounts Payable | 1.8M | 2.0M | 2.9M | 10.6M |
| Payables | 1.8M | 2.0M | 2.9M | 10.8M |
| Payables And Accrued Expenses | 3.2M | 5.2M | 5.3M | 13.3M |
| Current Accrued Expenses | 1.5M | 3.2M | 2.3M | 2.6M |
| Other Current Liabilities | 1.7M | 4.0M | 2.5M | -- |
| Current Liabilities | 5.0M | 9.5M | 8.0M | 14.0M |
| Long Term Debt And Capital Lease Obligation | -- | 17,205 | 28,854 | 1,415 |
| Long Term Capital Lease Obligation | 0.00 | 17,205 | 28,854 | 1,415 |
| Total Non Current Liabilities Net Minority Interest | 27.6M | 25.7M | 22.9M | 16.0M |
| Total Liabilities Net Minority Interest | 32.5M | 35.2M | 30.9M | 30.0M |
| Common Stock | 411.4M | 406.6M | 390.7M | 391.5M |
| Capital Stock | 411.4M | 406.6M | 390.7M | 391.5M |
| Additional Paid In Capital | 14.4M | 13.6M | 12.3M | 10.8M |
| Retained Earnings | -134.5M | -124.3M | -113.8M | -82.3M |
| Gains Losses Not Affecting Retained Earnings | 0.00 | -71,018 | -71,018 | -71,018 |
| Other Equity Adjustments | -- | -71,018 | -71,018 | -71,018 |
| Common Stock Equity | 291.3M | 296.0M | 289.2M | 320.1M |
| Stockholders Equity | 291.3M | 296.0M | 289.2M | 320.1M |
| Total Equity Gross Minority Interest | 291.3M | 296.0M | 289.2M | 320.1M |
| Total Capitalization | 291.3M | 296.0M | 289.2M | 320.1M |
| Net Tangible Assets | 291.3M | 296.0M | 289.2M | 320.1M |
| Tangible Book Value | 291.3M | 296.0M | 289.2M | 320.1M |
| Working Capital | 22.0M | 32.7M | 34.1M | 58.1M |
| Invested Capital | 291.3M | 296.0M | 289.2M | 320.1M |
| Total Debt | 12,444 | 26,347 | 40,536 | 98,567 |
| Share Issued | 1.1B | 1.0B | 882.5M | 818.1M |
| Ordinary Shares Number | 1.1B | 1.0B | 882.5M | 818.1M |
| Buildings And Improvements | 758,879 | 758,879 | 820,754 | 1.1M |
| Capital Lease Obligations | 12,444 | 26,347 | 40,536 | 98,567 |
| Current Capital Lease Obligation | 12,444 | 9,142 | 11,682 | 97,152 |
| Current Provisions | 50,000 | 193,472 | 275,479 | 575,843 |
| Investmentsin Associatesat Cost | 0.00 | 978,506 | 5.0M | 1.2M |
| Long Term Provisions | 1.4M | 1.4M | 1.3M | 2.6M |
| Machinery Furniture Equipment | 12.7M | 12.8M | 12.5M | 11.6M |
| Non Current Accounts Receivable | -- | -- | 2.6M | -- |
| Non Current Deferred Liabilities | 26.2M | 24.3M | 21.5M | 13.4M |
| Non Current Deferred Taxes Liabilities | 26.2M | 24.3M | 21.5M | 13.4M |
| Other Equity Interest | 129,500 | 129,500 | 129,500 | 129,500 |
| Other Properties | 288.3M | 277.9M | 258.8M | 264.4M |
| Other Receivables | 157,201 | 194,216 | -- | 341,705 |
| Taxes Receivable | 5.2M | 9.0M | -- | 32.3M |
| Total Tax Payable | -- | -- | 0.00 | 208,621 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -4.6M | -3.8M | -4.4M | -2.6M |
| Cash Flow From Continuing Operating Activities | -4.6M | -3.8M | -4.4M | -2.6M |
| Depreciation And Amortization | 31,802 | 47,858 | 129,196 | 173,640 |
| Depreciation Amortization Depletion | 31,802 | 47,858 | 129,196 | 173,640 |
| Stock Based Compensation | 639,965 | 911,992 | 928,318 | 772,902 |
| Deferred Tax | 2.0M | 3.0M | 8.7M | 8.2M |
| Deferred Income Tax | 2.0M | 3.0M | 8.7M | 8.2M |
| Change In Working Capital | -1.1M | 1.0M | -221,487 | 2.3M |
| Changes In Account Receivables | -- | 307,133 | 643,311 | 701,773 |
| Change In Receivables | 457,239 | 307,133 | 643,311 | 701,773 |
| Change In Payables And Accrued Expense | -1.8M | 904,898 | -850,892 | 1.8M |
| Other Non Cash Items | -1.7M | -1.6M | -8.9M | -7.5M |
| Capital Expenditure | -18.7M | -27.2M | -64.5M | -71.7M |
| Purchase Of PPE | -18.7M | -27.2M | -1.2M | -5.0M |
| Net PPE Purchase And Sale | -18.6M | -27.2M | -1.2M | -5.0M |
| Purchase Of Business | -357,000 | 0.00 | -- | 0.00 |
| Sale Of Business | -- | 0.00 | 2.7M | 0.00 |
| Sale Of Investment | 0.00 | 865,861 | 31,451 | 215,127 |
| Net Investment Purchase And Sale | 0.00 | 865,861 | 31,451 | 215,127 |
| Investing Cash Flow | -10.5M | -9.0M | -38.1M | -63.4M |
| Cash Flow From Continuing Investing Activities | -10.5M | -9.0M | -38.1M | -63.4M |
| Repayment Of Debt | -14,906 | -15,845 | -94,801 | -136,898 |
| Net Issuance Payments Of Debt | -14,906 | -15,845 | -94,801 | -136,898 |
| Issuance Of Capital Stock | 6.8M | 20.0M | 29.2M | 20.0M |
| Net Common Stock Issuance | 6.8M | 20.0M | 29.2M | 20.0M |
| Financing Cash Flow | 6.4M | 18.9M | 27.2M | 19.8M |
| Cash Flow From Continuing Financing Activities | 6.4M | 18.9M | 27.2M | 19.8M |
| Changes In Cash | -8.6M | 6.2M | -15.3M | -46.1M |
| Beginning Cash Position | 29.8M | 23.7M | 38.9M | 85.0M |
| End Cash Position | 21.2M | 29.8M | 23.7M | 38.9M |
| Free Cash Flow | -23.3M | -31.0M | -68.9M | -74.3M |
| Asset Impairment Charge | 5.0M | 3.5M | -670,156 | 719,276 |
| Capital Expenditure Reported | -- | -27.0M | -63.2M | -66.7M |
| Change In Prepaid Assets | 265,398 | -202,732 | -13,906 | -250,930 |
| Common Stock Issuance | 6.8M | 20.0M | 29.2M | 20.0M |
| Depreciation | 31,802 | 47,858 | 129,196 | 173,640 |
| Earnings Losses From Equity Investments | 833,346 | 587,618 | 301,855 | 5,683 |
| Gain Loss On Investment Securities | -- | -775,862 | 1,366 | 628,091 |
| Gain Loss On Sale Of Business | 0.00 | -103,357 | -1.7M | 0.00 |
| Gain Loss On Sale Of PPE | -- | 0.00 | 27.6M | 0.00 |
| Long Term Debt Payments | -14,906 | -15,845 | -94,801 | -136,898 |
| Net Business Purchase And Sale | -357,000 | 0.00 | 2.7M | 0.00 |
| Net Income From Continuing Operations | -10.2M | -10.4M | -31.6M | -7.9M |
| Net Long Term Debt Issuance | -14,906 | -15,845 | -94,801 | -136,898 |
| Net Other Financing Charges | -397,247 | -1.0M | -1.9M | -1.6M |
| Net Other Investing Changes | 8.5M | 17.3M | 23.7M | 8.1M |
| Operating Gains Losses | 708,203 | -351,453 | 26.1M | 633,774 |
| Proceeds From Stock Option Exercised | 0.00 | 30,000 | 10,050 | 1.6M |
| Provisionand Write Offof Assets | 0.00 | 125,800 | 1.0M | 0.00 |
| Sale Of PPE | 148,085 | 65,000 | -- | -- |
| Unrealized Gain Loss On Investment Securities | -- | 0.00 | 108,750 | 71,608 |