Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data ARRAS MINERALS CORP. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2023
Cost of revenue
0.26
0.08
Selling, general and administrative
0.13
0.07
Interest income
0
0.07
Pre-tax income
-5.95
-5.72
Income from continuing operations
-5.7
-5.83
Net income
5.95
-5.72
EPS, basic
-0.12
-0.09
EPS, diluted
-0.12
-0.09
Balance sheet
FY2022
FY2023
Cash and equivalents
0.4
0.29
Total current assets
0.6
0.52
Property, plant and equipment
0.16
0.15
Lease right-of-use assets
0.27
0.19
Intangible assets
0.21
Total assets
6.65
6.42
Accounts payable
0.48
0.52
Total current liabilities
0.58
0.65
Lease liabilities
0.2
0.12
Total liabilities
0.78
0.78
Retained earnings
-8.06
-13.8
Total equity
5.87
5.64
Total liabilities and equity
6.65
6.42
Cash flow statement
FY2022
FY2023
Net income
5.95
-5.72
Depreciation and amortization
0.05
0.08
Cash from operations
-5.19
-5.24
Capital expenditures
-0.04
-0.03
Cash from investing
-2.15
-0.03
Stock issued
4.07
5.23
Cash from financing
3.95
5.14
Net change in cash
-3.38
-0.13
Free cash flow
-5.23
-5.27
Key metrics
Worked out from the statements above. Latest values use fiscal 2023. Valuation uses the share price of $0.74 on November 9, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-87.5%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
-196.2%
Net income vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-3.5%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.80x
Current assets / current liabilities.
Quick ratio
0.44x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.44x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
12.1%
Total liabilities / total assets.
Working capital
-$134.0K
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Days payables
2,155 days
365 x average accounts payable / cost of revenue.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.09
Net 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
-$0.09
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$50.4M
Share price x shares outstanding.
Enterprise value
$50.1M
Market cap + total debt - cash - short-term investments.
FCF yield
-10.5%
Free cash flow / market cap.
Earnings yield
-11.4%
Net income / market cap (the inverse of P/E).
Was ARRAS MINERALS CORP. profitable in fiscal 2023?
No. It reported a net loss of $5.7M.
How much free cash flow did ARRAS MINERALS CORP. generate in fiscal 2023?
Cash from operations of $5.2M minus capital expenditures of $29.2K left free cash flow of -$5.3M.
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.