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Financial statements

American Lithium Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data American Lithium Corp. files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2023FY2024
Interest expense0.150.09
Net income-23.5-35.7-39.9
EPS, basic-0.13-0.17-0.19
EPS, diluted-0.13-0.17-0.19

Balance sheet

FY2023FY2023FY2024
Cash and equivalents19.71211.9
Short-term investments04.45
Receivables0.210.40.62
Total current assets5743.119.4
Property, plant and equipment0.050.051.17
Lease right-of-use assets0.280.210.1
Total assets194174
Short-term debt0.2900.84
Total current liabilities1.861.743.12
Lease liabilities0.220.150.08
Total liabilities2.691.894.25
Retained earnings-81.3-119-159
Total equity191192169
Total liabilities and equity193194174

Cash flow statement

FY2023FY2023FY2024
Net income-23.5-35.7-39.9
Cash from operations-13.4-24.4-23.2
Capital expenditures-0.04-0.02-0.52
Cash from investing-33.53.1722.3
Debt repaid-0.2
Stock issued50
Cash from financing61.212.80.76
Exchange rate effect-0.130.730.12
Net change in cash14.2-7.71-0.1
Free cash flow-13.5-24.4-23.7

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-21.7%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-10.6%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio6.24xCurrent assets / current liabilities.
Quick ratio5.44x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio5.24x(Cash + short-term investments) / current liabilities.
Liabilities / assets2.4%Total liabilities / total assets.
Working capitalCA$16.3MCurrent assets - current liabilities.

Per share

MetricValueHow it is calculated
EPS, diluted-CA$0.19Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-CA$0.19Net income per basic share, as reported (split-adjusted).
Was American Lithium Corp. profitable in fiscal 2024?

No. It reported a net loss of CA$39.9M.

How much free cash flow did American Lithium Corp. generate in fiscal 2024?

Cash from operations of CA$23.2M minus capital expenditures of CA$518.6K left free cash flow of -CA$23.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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