Cash flow Comet Lithium Corporation

Stocks

CLIC

CA20036Y1016

Specialty Mining & Metals

Market Closed - Toronto S.E. 12:41:21 2026-09-25 EDT			5-day change	1st Jan Change
0.3550 ^CAD	-6.58%		-19.32%	+1.43%

08-28	Comet Lithium Corporation Reports Earnings Results for the Half Year Ended June 30, 2026	CI
05-29	Azimut and NorthWest Copper Among Latest TSX Venture Cos To Adopt Semi-Annual Reporting	MT

008e18.hQf4k3TUxCZQ2aWjMLYeT0zt6m0kkA0E8hFEauxFqSc.5EOM8RW4o3UCnsDpBYErHy3cvgVloUd1uF8PAb91_WzXM6zWM7yLF2aq7A

Published financial data: COMET LITHIUM CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Selling General & Admin Expenses, Total	654K	397K	828K	545K	401K
Exploration / Drilling Costs, Total	-	1.37K	1.67M	475K	-
Stock-Based Compensation (IS)	64.38K	-	737K	350K	267K
Depreciation & Amortization - (IS)	-	-	-	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	700K	140K	-
Other Operating Expenses, Total	718K	398K	3.94M	1.51M	668K
Operating Income	-718K	-398K	-3.94M	-1.51M	-668K
Interest And Investment Income	1.17K	5.17K	62.64K	67.71K	18.7K
Net Interest Expenses	1.17K	5.17K	62.64K	67.71K	18.7K
Other Non Operating Income (Expenses)	-38.43K	-50.42K	-68.81K	-51.23K	-42.66K
EBT, Excl. Unusual Items	-755K	-444K	-3.94M	-1.49M	-692K
Gain (Loss) On Sale Of Investments	-	-	-	-	40.5K
EBT, Incl. Unusual Items	-755K	-444K	-3.94M	-1.49M	-651K
Income Tax Expense	-37.28K	-103K	-478K	-493K	-322K
Earnings From Continuing Operations	-718K	-341K	-3.46M	-1M	-330K
Net Income to Company	-718K	-341K	-3.46M	-1M	-330K
Net Income - (IS)	-718K	-341K	-3.46M	-1M	-330K
Net Income to Common Incl Extra Items	-718K	-341K	-3.46M	-1M	-330K
Net Income to Common Excl. Extra Items	-718K	-341K	-3.46M	-1M	-330K
Per Share Items
Net EPS - Basic	-0.06	-0.02	-0.19	-0.04	-0.01
Basic EPS - Continuing Operations	-0.06	-0.02	-0.19	-0.04	-0.01
Basic Weighted Average Shares Outstanding	11.9M	14.21M	18.69M	25.61M	29.71M
Net EPS - Diluted	-0.06	-0.02	-0.19	-0.04	-0.01
Diluted EPS - Continuing Operations	-0.06	-0.02	-0.19	-0.04	-0.01
Diluted Weighted Average Shares Outstanding	11.9M	14.21M	18.69M	25.61M	29.71M
Normalized Basic EPS	-0.04	-0.02	-0.13	-0.04	-0.01
Normalized Diluted EPS	-0.04	-0.02	-0.13	-0.04	-0.01
Supplemental Items
EBITDA	-717K	-	-3.24M	-1.37M	-528K
EBITA	-718K	-398K	-3.94M	-1.51M	-668K
EBIT	-718K	-398K	-3.94M	-1.51M	-668K
EBITDAR	-699K	-	-3.22M	-1.34M	-498K
Effective Tax Rate - (Ratio)	4.93	23.16	12.12	32.99	49.38
Current Domestic Taxes	-	-	-	-	14.59K
Total Current Taxes	-	-	-	-	14.59K
Deferred Domestic Taxes	-37.28K	-103K	-507K	-531K	-336K
Total Deferred Taxes	-37.28K	-103K	-507K	-531K	-336K
Normalized Net Income	-472K	-277K	-2.46M	-934K	-432K
Supplemental Operating Expense Items
General and Administrative Expenses	452K	345K	652K	421K	336K
Exploration/Drilling Costs	-	1.37K	1.67M	475K	-
Net Rental Expense, Total	18K	18K	18K	30K	30K
Stock-Based Comp., Other (Total)	64.38K	-	737K	350K	267K
Total Stock-Based Compensation	64.38K	-	737K	350K	267K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	672K	1.09M	2.46M	1.36M	166K
Short Term Investments	-	-	-	-	78.75K
Total Cash And Short Term Investments	672K	1.09M	2.46M	1.36M	245K
Other Receivables	94.67K	96.13K	539K	214K	66.1K
Total Receivables	94.67K	96.13K	539K	214K	66.1K
Prepaid Expenses	29.75K	4.71K	4.19K	30.34K	7.43K
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	796K	1.19M	3M	1.61M	319K
Gross Property Plant And Equipment	3.74M	4.51M	4.48M	5.5M	6.32M
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	3.74M	4.51M	4.48M	5.5M	6.32M
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	4.53M	5.69M	7.48M	7.1M	6.64M
Liabilities
Accounts Payable, Total	75.4K	491K	479K	188K	125K
Accrued Expenses, Total	-	-	-	-	-
Other Current Liabilities	103K	507K	531K	336K	-
Total Current Liabilities	178K	998K	1.01M	525K	125K
Total Liabilities	178K	998K	1.01M	525K	125K
Common Stock, Total	9.42M	10.03M	14.01M	14.92M	14.91M
Additional Paid In Capital	31.23M	31.97M	32.71M	33.2M	33.99M
Retained Earnings	-37.26M	-37.6M	-41.06M	-42.06M	-42.39M
Comprehensive Income and Other	963K	296K	820K	522K	-
Total Common Equity	4.36M	4.7M	6.47M	6.58M	6.51M
Total Equity	4.36M	4.7M	6.47M	6.58M	6.51M
Total Liabilities And Equity	4.53M	5.69M	7.48M	7.1M	6.64M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	14.05M	18.44M	24.98M	26.9M	29.71M
ECS Total Common Shares Outstanding	14.05M	18.44M	24.78M	26.9M	29.71M
Book Value / Share	0.31	0.25	0.26	0.24	0.22
Tangible Book Value	4.36M	4.7M	6.47M	6.58M	6.51M
Tangible Book Value Per Share	0.31	0.25	0.26	0.24	0.22
Total Debt	0	0	0	0	0
Net Debt	-672K	-1.09M	-2.46M	-1.36M	-245K
Debt Equivalent Oper. Leases	144K	144K	144K	240K	240K
Account Code - Inventory Valuation	3	-	3	3	3
Machinery, Total	-	-	-	-	-

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	-718K	-341K	-3.46M	-1M	-330K
Depreciation & Amortization - CF	-	-	-	-	-
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	700K	140K	-
Depreciation & Amortization, Total	-	-	700K	140K	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-40.5K
Stock-Based Compensation (CF)	64.38K	-	737K	350K	267K
Other Operating Activities, Total	-37.28K	-103K	1.16M	-59.3K	-336K
Change In Accounts Receivable	-	-	-25.06K	25.06K	-
Change In Accounts Payable	-11.99K	73.8K	271K	-248K	-55.48K
Change in Other Net Operating Assets	116K	-15.41K	-63.68K	-48.08K	142K
Cash from Operations	-587K	-385K	-682K	-841K	-353K
Capital Expenditure	-72.3K	-90.57K	-60.66K	-34.58K	-24.18K
Other Investing Activities, Total	-892K	-260K	-1.87M	-986K	-800K
Cash from Investing	-965K	-350K	-1.93M	-1.02M	-824K
Issuance of Common Stock	1.27M	1.25M	4.15M	833K	-
Other Financing Activities, Total	-105K	-98.95K	-160K	-63K	-20.5K
Cash from Financing	1.16M	1.15M	3.99M	770K	-20.5K
Net Change in Cash	-387K	414K	1.37M	-1.09M	-1.2M
Supplemental Items
Levered Free Cash Flow	-349K	504K	-1.51M	-675K	-403K
Unlevered Free Cash Flow	-349K	504K	-1.51M	-675K	-403K
Change In Net Working Capital	-108K	-844K	431K	187K	228K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	-10.51	-4.87	-37.34	-12.94	-6.08
Return on Total Capital	-10.95	-5.5	-44.05	-14.46	-6.38
Return On Equity %	-17.52	-7.53	-62.04	-15.34	-5.04
Return on Common Equity	-17.52	-7.53	-62.04	-15.34	-5.04
Short Term Liquidity
Current Ratio	4.47	1.19	2.97	3.07	2.55
Quick Ratio	4.3	1.18	2.97	3.01	2.49
Operating Cash Flow to Current Liabilities	-3.29	-0.39	-0.68	-1.6	-2.82
Long Term Solvency
Total Liabilities / Total Assets	3.93	17.53	13.5	7.38	1.88
Net Debt / EBITDA	0.94	-	0.76	1	0.46
Net Debt / (EBITDA - Capex)	0.85	-	0.75	0.97	0.44
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	-32.75	-	-	-57.66	-61.49
EBITA, 1 Yr. Growth %	-32.71	-44.54	889.93	-61.62	-55.77
EBIT, 1 Yr. Growth %	-32.71	-44.54	889.93	-61.62	-55.77
Earnings From Cont. Operations, 1 Yr. Growth %	-32.22	-52.54	916.21	-71.1	-67.06
Net Income, 1 Yr. Growth %	-32.22	-52.54	916.21	-71.1	-67.06
Normalized Net Income, 1 Yr. Growth %	-31.78	-41.28	790.15	-62.1	-53.68
Diluted EPS Before Extra, 1 Yr. Growth %	-46.79	-60.24	672.28	-78.91	-71.61
Net Property, Plant and Equip., 1 Yr. Growth %	36.92	20.6	-0.57	22.62	14.99
Total Assets, 1 Yr. Growth %	13.11	25.6	31.38	-5.03	-6.57
Tangible Book Value, 1 Yr. Growth %	13.34	7.82	37.81	1.68	-1.02
Common Equity, 1 Yr. Growth %	13.34	7.82	37.81	1.68	-1.02
Cash From Operations, 1 Yr. Growth %	-39.84	-34.34	77.05	23.25	-58.01
Capital Expenditures, 1 Yr. Growth %	-1.83	25.26	-33.02	-42.99	-30.09
Levered Free Cash Flow, 1 Yr. Growth %	-43.69	-244.38	-400.01	-55.42	-40.27
Unlevered Free Cash Flow, 1 Yr. Growth %	-43.69	-244.38	-400.01	-55.42	-40.27
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	-0.69	-	112.44	-	-59.62
EBITA, 2 Yr. CAGR %	-0.62	-38.91	134.08	94.91	-58.8
EBIT, 2 Yr. CAGR %	-0.62	-38.91	134.08	94.91	-58.8
Earnings From Cont. Operations, 2 Yr. CAGR %	-0.51	-43.28	119.61	71.36	-69.15
Net Income, 2 Yr. CAGR %	-0.51	-43.28	119.61	71.36	-69.15
Normalized Net Income, 2 Yr. CAGR %	-0.24	-36.71	128.41	83.67	-58.1
Diluted EPS Before Extra, 2 Yr. CAGR %	-30.85	-54	75.23	27.63	-75.53
Net Property, Plant and Equip., 2 Yr. CAGR %	85.04	28.5	9.51	10.42	18.75
Total Assets, 2 Yr. CAGR %	30.92	19.19	28.46	11.7	-5.8
Tangible Book Value, 2 Yr. CAGR %	33.37	10.55	21.89	18.37	0.32
Common Equity, 2 Yr. CAGR %	33.37	10.55	21.89	18.37	0.32
Cash From Operations, 2 Yr. CAGR %	-11.51	-37.15	7.81	47.72	-28.06
Capital Expenditures, 2 Yr. CAGR %	-12.07	10.89	-8.4	-38.21	-36.87
Levered Free Cash Flow, 2 Yr. CAGR %	21.14	-9.83	108.23	15.65	-48.4
Unlevered Free Cash Flow, 2 Yr. CAGR %	21.14	-9.83	108.23	15.65	-48.4
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	4.66	-	44.79	24.09	-
EBITA, 3 Yr. CAGR %	-38.64	-18.18	54.49	28.11	18.88
EBIT, 3 Yr. CAGR %	-38.64	-18.18	54.49	28.11	18.88
Earnings From Cont. Operations, 3 Yr. CAGR %	-38.88	-22.26	48.41	11.7	-1.1
Net Income, 3 Yr. CAGR %	-38.88	-22.26	48.41	11.7	-1.1
Normalized Net Income, 3 Yr. CAGR %	-37.84	-16.4	52.68	25.51	16.04
Diluted EPS Before Extra, 3 Yr. CAGR %	-55.82	-42.5	17.78	-13.48	-22.67
Net Property, Plant and Equip., 3 Yr. CAGR %	129.5	60.43	17.97	13.72	11.92
Total Assets, 3 Yr. CAGR %	70.42	29.12	23.12	16.15	5.25
Tangible Book Value, 3 Yr. CAGR %	82.96	24.24	18.97	14.75	11.52
Common Equity, 3 Yr. CAGR %	82.96	24.24	18.97	14.75	11.52
Cash From Operations, 3 Yr. CAGR %	6.69	-19.89	-11.24	12.73	-2.87
Capital Expenditures, 3 Yr. CAGR %	-20.53	-1.06	-6.26	-21.79	-35.61
Levered Free Cash Flow, 3 Yr. CAGR %	-14.48	28.44	34.65	24.57	-7.21
Unlevered Free Cash Flow, 3 Yr. CAGR %	-14.48	28.44	34.65	24.57	-7.21
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	13.56	-	38.92	13.52	-13.12
EBITA, 5 Yr. CAGR %	12.47	-14.94	4.82	15.74	-8.95
EBIT, 5 Yr. CAGR %	12.47	-14.94	4.82	15.74	-8.95
Earnings From Cont. Operations, 5 Yr. CAGR %	11.09	-18.11	1.95	6.65	-20.82
Net Income, 5 Yr. CAGR %	11.09	-18.11	1.95	6.65	-20.82
Normalized Net Income, 5 Yr. CAGR %	12.22	-13.68	4.62	14.5	-8.98
Diluted EPS Before Extra, 5 Yr. CAGR %	-25.81	-39.74	-23.34	-20.9	-37.18
Net Property, Plant and Equip., 5 Yr. CAGR %	84.66	17.22	70.71	38.16	18.28
Total Assets, 5 Yr. CAGR %	43.2	12.35	52.2	21.85	10.62
Tangible Book Value, 5 Yr. CAGR %	44.41	11.99	55.53	21.86	11.13
Common Equity, 5 Yr. CAGR %	44.41	11.99	55.53	21.86	11.13
Cash From Operations, 5 Yr. CAGR %	12.13	-8.38	7.14	2.33	-18.39
Capital Expenditures, 5 Yr. CAGR %	15	-11.39	-15.88	-18.04	-19.97
Levered Free Cash Flow, 5 Yr. CAGR %	11.31	-1.83	22.08	23.19	-8.25
Unlevered Free Cash Flow, 5 Yr. CAGR %	11.31	-1.83	22.08	23.19	-8.25