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Financial statements

QUARTZ MOUNTAIN RESOURCES LTD financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data QUARTZ MOUNTAIN RESOURCES LTD 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

FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Selling, general and administrative0.15
General and administrative0.050.080.040.040.050.050.06
Operating income-0.152.52-0.12-1-0.91-2.44
Interest expense-0.010000
Interest income0000.010.030.09
Pre-tax income-1-0.91-2.44-3.47
Income tax000.04-0-000
Net income-0.152.52-0.12-1-0.91-2.44-3.47
EPS, basic-0.020.160.000.03-0.02-0.05-0.06
EPS, diluted-0.020.130.000.03-0.02-0.05-0.06

Balance sheet

FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.070.210.210.320.11.913.08
Receivables0.010.010.010.020.020.10.09
Total current assets0.080.220.210.340.122.013.16
Property, plant and equipment000.340.470.720.991.02
Lease right-of-use assets00.050.040.030.020.01
Total assets0.080.220.60.840.863.014.19
Accounts payable000.020.190.020.30.27
Total current liabilities0.080.090.30.050.320.28
Lease liabilities00.040.030.020.010
Total liabilities3.080.080.140.330.070.330.28
Retained earnings-30.1-27.6-27.7-28.7-29.6-32.1-35.5
Total equity-30.140.460.510.792.683.91
Total liabilities and equity0.080.220.60.840.863.014.19

Cash flow statement

FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-0.152.52-0.12-1-0.91-2.44-3.47
Cash from operations-0.09-0.24-0.28-0.45-0.52-2.34-3.15
Capital expenditures-0.11-0.1-0.23-0.02
Cash from investing000.05-0.07-0.24-0.010.05
Debt issued0.100
Debt repaid0-0.100
Stock issued00.500.10.553.514.13
Cash from financing0.090.380.230.630.544.154.26
Net change in cash0.010.13-00.12-0.221.811.17
Free cash flow-0.38-0.55-0.75-2.36

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-96.4%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y39.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y70.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y80.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio11.2xCurrent assets / current liabilities.
Quick ratio11.2x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio10.9x(Cash + short-term investments) / current liabilities.
Liabilities / assets6.7%Total liabilities / total assets.
Working capitalCA$2.9MCurrent assets - current liabilities.

Per share

MetricValueHow it is calculated
EPS, diluted-CA$0.06Net 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$0.06Net income per basic share, as reported (split-adjusted).
Was QUARTZ MOUNTAIN RESOURCES LTD profitable in fiscal 2025?

No. It reported a net loss of CA$3.5M.

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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