Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Linear Minerals 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
FY2021
FY2023
FY2023
FY2024
Operating income
-4.41
-5.6
-6.08
Interest expense
0
-0.03
Pre-tax income
-2.3
-4.41
-5.6
Income from continuing operations
4.69
5.75
6.64
Net income
-2.46
-4.69
-5.75
-6.64
Balance sheet
FY2021
FY2023
FY2023
FY2024
Cash and equivalents
2.16
0.11
3.66
1.7
Total current assets
0.89
5.51
2.33
Property, plant and equipment
0
0
Total assets
6.9
13
9.3
Accounts payable
0.26
2.43
0.24
Total current liabilities
2.82
0.49
Total liabilities
0.43
3.51
0.65
Paid-in capital
0.02
Retained earnings
-43.8
-49.5
-56.2
Total equity
2.48
6.47
9.5
8.65
Total liabilities and equity
6.9
13
9.3
Cash flow statement
FY2021
FY2023
FY2023
FY2024
Net income
-2.46
-4.69
-5.75
-6.64
Cash from operations
-1.19
-4.5
-3.06
-4.11
Capital expenditures
-0
Cash from investing
-0.22
-0.68
0.21
-0.05
Cash from financing
3.35
3.13
6.4
2.2
Free cash flow
-3.06
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
Metric
Value
How it is calculated
Return on assets (ROA)
-59.5%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
-28.5%
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
4.74x
Current assets / current liabilities.
Quick ratio
3.47x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.47x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
7.0%
Total liabilities / total assets.
Working capital
CA$1.8M
Current assets - current liabilities.
Was Linear Minerals Corp profitable in fiscal 2024?
No. It reported a net loss of CA$6.6M.
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.