Income Statement Minsud Resources Corp.

Stocks

MSR

CA60447F1018

Diversified Mining

Market Closed - Toronto S.E. 12:07:00 2026-09-21 EDT			5-day change	1st Jan Change
0.5700 ^CAD	-5.00%		+1.79%	-5.00%

08-31	Minsud Resources Corp. Reports Earnings Results for the Half Year Ended June 30, 2026	CI
08-13	Minsud Resources Corp. Announces 10,500-Metre Diamond Drilling Program Targeting Resource Growth And New Discoveries At Chita Valley	CI

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Published financial data: MINSUD RESOURCES CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Selling General & Admin Expenses, Total	416K	663K	930K	953K	837K
Stock-Based Compensation (IS)	18.6K	473K	5.17M	1.86M	499K
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	39.16K	48.9K	60.46K	31.25K	189K
Other Operating Expenses, Total	474K	1.18M	6.16M	2.85M	1.52M
Operating Income	-474K	-1.18M	-6.16M	-2.85M	-1.52M
Interest And Investment Income	-	4.15K	8.25K	768	421
Net Interest Expenses	-	4.15K	8.25K	768	421
Income (Loss) On Equity Invest.	-	-	-	1.74M	-442K
Currency Exchange Gains (Loss)	-	-	-	-	-23K
Other Non Operating Income (Expenses)	-554K	-521K	-792K	-	-
EBT, Excl. Unusual Items	-1.03M	-1.7M	-6.94M	-1.1M	-1.99M
Gain (Loss) On Sale Of Assets	16.27K	-	47.84K	9.67M	-
Other Unusual Items	-431K	-1.9M	-2.98M	-490K	-
EBT, Incl. Unusual Items	-1.44M	-3.61M	-9.88M	8.08M	-1.99M
Income Tax Expense	719K	9.34K	26.97K	-	-
Earnings From Continuing Operations	-2.16M	-3.61M	-9.9M	8.08M	-1.99M
Net Income to Company	-2.16M	-3.61M	-9.9M	8.08M	-1.99M
Minority Interest	7.08K	10.38K	15.71K	2.13K	-
Net Income - (IS)	-2.15M	-3.6M	-9.89M	8.08M	-1.99M
Net Income to Common Incl Extra Items	-2.15M	-3.6M	-9.89M	8.08M	-1.99M
Net Income to Common Excl. Extra Items	-2.15M	-3.6M	-9.89M	8.08M	-1.99M
Per Share Items
Net EPS - Basic	-0.01	-0.02	-0.06	0.05	-0.01
Basic EPS - Continuing Operations	-0.01	-0.02	-0.06	0.05	-0.01
Basic Weighted Average Shares Outstanding	157M	164M	164M	165M	166M
Net EPS - Diluted	-0.01	-0.02	-0.06	0.05	-0.01
Diluted EPS - Continuing Operations	-0.01	-0.02	-0.06	0.05	-0.01
Diluted Weighted Average Shares Outstanding	157M	164M	164M	178M	166M
Normalized Basic EPS	-0	-0.01	-0.03	-0	-0.01
Normalized Diluted EPS	-0	-0.01	-0.03	-0	-0.01
Supplemental Items
EBITDA	311K	-	-	-	-
EBITA	-474K	-1.18M	-6.16M	-2.85M	-1.52M
EBIT	-474K	-1.18M	-6.16M	-2.85M	-1.52M
Effective Tax Rate - (Ratio)	-49.83	-0.26	-0.27	-	-
Total Current Taxes	706K	9.34K	26.97K	-	-
Total Deferred Taxes	12.74K	-	-	-	-
Normalized Net Income	-635K	-1.05M	-4.32M	-688K	-1.24M
Supplemental Operating Expense Items
Marketing Expenses	5.73K	31.17K	18.39K	13.22K	1.58K
Selling and Marketing Expenses	5.73K	31.17K	18.39K	13.22K	1.58K
General and Administrative Expenses	410K	632K	911K	940K	720K
Stock-Based Comp., Other (Total)	18.6K	473K	5.17M	1.86M	499K
Total Stock-Based Compensation	18.6K	473K	5.17M	1.86M	499K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	2.61M	2.86M	3.48M	707K	580K
Total Cash And Short Term Investments	2.61M	2.86M	3.48M	707K	580K
Other Receivables	529K	679K	370K	49.59K	45.66K
Total Receivables	529K	679K	370K	49.59K	45.66K
Prepaid Expenses	46.13K	43.05K	94.08K	30.12K	38.48K
Deferred Tax Assets Current	6.02K	3.73K	-	-	-
Total Current Assets	3.19M	3.58M	3.94M	786K	665K
Gross Property Plant And Equipment	18.98M	27.7M	27.94M	-	-
Accumulated Depreciation	-91.72K	-189K	-176K	-	-
Net Property Plant And Equipment	18.89M	27.51M	27.77M	-	-
Long-term Investments	-	-	-	21.49M	15.07M
Deferred Tax Assets Long-Term	16.98K	6.8K	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	22.1M	31.1M	31.71M	22.28M	15.74M
Liabilities
Accounts Payable, Total	293K	448K	2.38M	206K	196K
Accrued Expenses, Total	20.8K	108K	103K	104K	55.4K
Current Income Taxes Payable	576K	-	-	-	-
Other Current Liabilities	210K	372K	24.25M	29.85K	170K
Total Current Liabilities	1.1M	929K	26.73M	340K	422K
Other Non Current Liabilities	9.84M	19.72M	-	-	-
Total Liabilities	10.94M	20.65M	26.73M	340K	422K
Common Stock, Total	19.37M	19.33M	19.39M	19.4M	20.31M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-10.91M	-14.51M	-24.4M	-16.32M	-18.31M
Comprehensive Income and Other	2.65M	5.6M	9.97M	18.85M	13.31M
Total Common Equity	11.12M	10.41M	4.96M	21.93M	15.32M
Minority Interest	35.13K	33.87K	14.47K	-	-
Total Equity	11.15M	10.45M	4.97M	21.93M	15.32M
Total Liabilities And Equity	22.1M	31.1M	31.71M	22.28M	15.74M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	164M	164M	165M	165M	169M
ECS Total Common Shares Outstanding	164M	164M	164M	165M	167M
Book Value / Share	0.07	0.06	0.03	0.13	0.09
Tangible Book Value	11.12M	10.41M	4.96M	21.93M	15.32M
Tangible Book Value Per Share	0.07	0.06	0.03	0.13	0.09
Total Debt	0	0	0	0	0
Net Debt	-2.61M	-2.86M	-3.48M	-707K	-580K
Minority Interest, Total (Incl. Fin. Div)	35.13K	33.87K	14.47K	-	-
Equity Method Investments, Total	-	-	-	21.49M	15.07M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	120K	493K	447K	-	-

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	-2.15M	-3.6M	-9.89M	8.08M	-1.99M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-47.84K	-7.98M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-1.74M	442K
Stock-Based Compensation (CF)	18.6K	473K	5.17M	1.86M	499K
Other Operating Activities, Total	978K	2.41M	3.76M	488K	-
Change In Accounts Receivable	24.34K	-	-	-	-
Change In Accounts Payable	32.05K	-2.59K	1.55M	-1.37M	-58.79K
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-554K	-560K	-816K	-47.11K	135K
Cash from Operations	-1.65M	-1.28M	-273K	-705K	-972K
Capital Expenditure	-3.26M	-8.41M	-13.55M	-1.96M	-
Sale of Property, Plant, and Equipment	-	-	47.84K	-	-
Divestitures	-	-	-	-1.53M	-
Other Investing Activities, Total	5.8M	9.93M	14.33M	1.42M	-
Cash from Investing	2.54M	1.53M	829K	-2.06M	-
Issuance of Common Stock	977K	-	63.75K	-	869K
Other Financing Activities, Total	-	-	-	-	-23.1K
Cash from Financing	977K	-	63.75K	-	846K
Net Change in Cash	1.86M	248K	620K	-2.77M	-126K
Supplemental Items
Levered Free Cash Flow	-3.04M	-8.99M	13.84M	-27.88M	-377K
Unlevered Free Cash Flow	-3.04M	-8.99M	13.84M	-27.88M	-377K
Change In Net Working Capital	-501K	316K	-26.07M	26.01M	-76.67K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	-1.6	-2.78	-12.26	-6.59	-5.01
Return on Total Capital	-2.77	-6.86	-49.94	-13.22	-5.12
Return On Equity %	-20.21	-33.47	-128.46	60.05	-10.68
Return on Common Equity	-20.21	-33.48	-128.65	60.1	-10.68
Short Term Liquidity
Current Ratio	2.9	3.86	0.15	2.31	1.58
Quick Ratio	2.85	3.81	0.14	2.22	1.49
Operating Cash Flow to Current Liabilities	-1.5	-1.38	-0.01	-2.07	-2.31
Long Term Solvency
Total Liabilities / Total Assets	49.53	66.4	84.32	1.53	2.68
Net Debt / EBITDA	-8.39	-	-	-	-
Net Debt / (EBITDA - Capex)	0.88	-	-	-	-
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	-158.94	-	-	-	-
EBITA, 1 Yr. Growth %	-63.89	150.07	420.05	-53.79	-46.98
EBIT, 1 Yr. Growth %	-63.89	150.07	420.05	-53.79	-46.98
Earnings From Cont. Operations, 1 Yr. Growth %	27.52	67.27	173.97	-181.58	-124.62
Net Income, 1 Yr. Growth %	27.45	67.34	174.33	-181.73	-124.61
Normalized Net Income, 1 Yr. Growth %	-22.05	65.73	310.76	-84.08	-433.62
Diluted EPS Before Extra, 1 Yr. Growth %	27.18	59.85	174.25	-181.34	-124.44
Net Property, Plant and Equip., 1 Yr. Growth %	39.35	45.62	0.95	-	-
Total Assets, 1 Yr. Growth %	48.34	40.73	1.97	-29.75	-29.34
Tangible Book Value, 1 Yr. Growth %	9.02	-6.34	-52.38	342.38	-30.17
Common Equity, 1 Yr. Growth %	9.02	-6.34	-52.38	342.38	-30.17
Cash From Operations, 1 Yr. Growth %	324.69	-22.66	-78.63	157.84	37.84
Capital Expenditures, 1 Yr. Growth %	30.29	157.5	61.2	-85.55	-
Levered Free Cash Flow, 1 Yr. Growth %	19.59	195.64	-253.93	-301.51	-98.65
Unlevered Free Cash Flow, 1 Yr. Growth %	19.59	195.64	-253.93	-301.51	-98.65
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	-13.31	-	-	-	-
EBITA, 2 Yr. CAGR %	6.53	-4.98	260.63	55.02	-50.25
EBIT, 2 Yr. CAGR %	6.53	-4.98	260.63	55.02	-50.25
Earnings From Cont. Operations, 2 Yr. CAGR %	100.56	46.05	114.07	49.5	-55.18
Net Income, 2 Yr. CAGR %	100.4	46.04	114.25	49.74	-55.15
Normalized Net Income, 2 Yr. CAGR %	46.58	13.66	160.91	-19.14	-46.38
Diluted EPS Before Extra, 2 Yr. CAGR %	96.92	42.58	109.38	49.35	-55.41
Net Property, Plant and Equip., 2 Yr. CAGR %	22.68	42.45	21.24	-	-
Total Assets, 2 Yr. CAGR %	28.73	44.49	19.79	-15.36	-29.55
Tangible Book Value, 2 Yr. CAGR %	-4.45	1.05	-33.22	45.14	75.76
Common Equity, 2 Yr. CAGR %	-4.45	1.05	-33.22	45.14	75.76
Cash From Operations, 2 Yr. CAGR %	80.74	81.23	-59.35	-25.78	88.52
Capital Expenditures, 2 Yr. CAGR %	90.48	83.17	103.74	-51.74	-
Levered Free Cash Flow, 2 Yr. CAGR %	63.18	88.03	113.32	76.12	-83.49
Unlevered Free Cash Flow, 2 Yr. CAGR %	63.18	88.03	113.32	76.12	-83.49
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	0.56	-	-	-	-
EBITA, 3 Yr. CAGR %	14.96	41.58	67.46	81.8	8.78
EBIT, 3 Yr. CAGR %	14.96	41.58	67.46	81.8	8.78
Earnings From Cont. Operations, 3 Yr. CAGR %	75.82	88.79	80.12	55.2	-18.05
Net Income, 3 Yr. CAGR %	75.78	88.71	80.19	55.39	-17.97
Normalized Net Income, 3 Yr. CAGR %	48.74	52.7	74.42	2.71	5.7
Diluted EPS Before Extra, 3 Yr. CAGR %	70.56	83.69	77.32	52.77	-18.31
Net Property, Plant and Equip., 3 Yr. CAGR %	14.56	29.89	27	-	-
Total Assets, 3 Yr. CAGR %	19.35	32.61	28.64	0.27	-20.31
Tangible Book Value, 3 Yr. CAGR %	-4.29	-5.08	-21.36	25.42	13.73
Common Equity, 3 Yr. CAGR %	-4.29	-5.08	-21.36	25.42	13.73
Cash From Operations, 3 Yr. CAGR %	68.58	36.2	-11.13	-24.75	-8.77
Capital Expenditures, 3 Yr. CAGR %	65.8	110.61	75.53	-15.67	-
Levered Free Cash Flow, 3 Yr. CAGR %	40.7	98.93	75.9	109.31	-65.24
Unlevered Free Cash Flow, 3 Yr. CAGR %	40.7	98.93	75.9	109.31	-65.24
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-12.3	-	-	-	-
EBITA, 5 Yr. CAGR %	-7.57	16.69	81.61	46.81	3.05
EBIT, 5 Yr. CAGR %	-7.57	16.69	81.61	46.81	3.05
Earnings From Cont. Operations, 5 Yr. CAGR %	25.82	45.95	90.22	71.97	3.26
Net Income, 5 Yr. CAGR %	25.79	45.91	90.26	72.03	3.31
Normalized Net Income, 5 Yr. CAGR %	7.8	25.34	86.23	18.41	8.81
Diluted EPS Before Extra, 5 Yr. CAGR %	16.57	38.27	85.14	69.1	2.08
Net Property, Plant and Equip., 5 Yr. CAGR %	19.04	28.66	17.19	-	-
Total Assets, 5 Yr. CAGR %	19.95	29.87	19.53	10.81	1.11
Tangible Book Value, 5 Yr. CAGR %	6.28	5.7	-17.12	12.49	8.48
Common Equity, 5 Yr. CAGR %	6.28	5.7	-17.12	12.49	8.48
Cash From Operations, 5 Yr. CAGR %	35.54	26.93	-4.57	6.84	20.06
Capital Expenditures, 5 Yr. CAGR %	12.71	39.4	80.05	16.82	-
Levered Free Cash Flow, 5 Yr. CAGR %	9.67	36.83	66.19	89.47	-31.72
Unlevered Free Cash Flow, 5 Yr. CAGR %	9.67	36.83	66.19	89.47	-31.72