Income Statement Sable Resources Ltd.

Stocks

SAE

CA7857138845

Diversified Mining

Market Closed - Toronto S.E. 15:33:17 2026-09-28 EDT			5-day change	1st Jan Change
0.4100 ^CAD	-4.65%		-4.65%	+2.50%

08-27	Sable Resources Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08-05	Sable Resources Commences Maiden Drill Program At Zorro Project in San Juan Argentina	CI

470f72c8fe48c9c4396b6f52cde0bb.vQvnbCrgoCtSxdQR4qzo_Dmz_Z4cgCP21t8DfEsiuNA.2j-UP22I42oqrrtZ1OmehG_6ifxq6XOipelSFjJPgZ_UX45bTYfyHzj3pw

Published financial data: SABLE RESOURCES LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Cost of Goods Sold, Total	-	33.3K	133K	146K	233K
Gross Profit	-	-33.3K	-133K	-146K	-233K
Selling General & Admin Expenses, Total	4.1M	5.1M	3.55M	2.46M	2.11M
Exploration / Drilling Costs, Total	7.91M	13.22M	9.06M	3.77M	-13.04M
Stock-Based Compensation (IS)	493K	313K	144K	106K	186K
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	3.99M	125K	735K
Other Operating Expenses	1.89M	1.66M	1.89M	511K	837K
Other Operating Expenses, Total	14.4M	20.3M	18.64M	6.97M	-9.17M
Operating Income	-14.4M	-20.33M	-18.77M	-7.12M	8.94M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	49.88K	699K	940K	402K	482K
Net Interest Expenses	49.88K	699K	940K	402K	482K
Currency Exchange Gains (Loss)	215K	-157K	-73.17K	-3.45K	-13.32K
Other Non Operating Income (Expenses)	-	-	-	120K	38.16K
EBT, Excl. Unusual Items	-14.13M	-19.79M	-17.91M	-6.6M	9.44M
Gain (Loss) On Sale Of Investments	4.1M	7.9M	3.69M	351K	159K
Gain (Loss) On Sale Of Assets	-	15.53K	-	-	8.8M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-10.03M	-11.87M	-14.22M	-6.25M	18.4M
Income Tax Expense	109K	44.05K	-	-	-
Earnings From Continuing Operations	-10.14M	-11.91M	-14.22M	-6.25M	18.4M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-10.14M	-11.91M	-14.22M	-6.25M	18.4M
Net Income - (IS)	-10.14M	-11.91M	-14.22M	-6.25M	18.4M
Net Income to Common Incl Extra Items	-10.14M	-11.91M	-14.22M	-6.25M	18.4M
Net Income to Common Excl. Extra Items	-10.14M	-11.91M	-14.22M	-6.25M	18.4M
Per Share Items
Net EPS - Basic	-0.4	-0.42	-0.5	-0.22	0.61
Basic EPS - Continuing Operations	-0.4	-0.42	-0.5	-0.22	0.61
Basic Weighted Average Shares Outstanding	25.61M	28.15M	28.65M	28.69M	30.24M
Net EPS - Diluted	-0.4	-0.42	-0.5	-0.22	0.61
Diluted EPS - Continuing Operations	-0.4	-0.42	-0.5	-0.22	0.61
Diluted Weighted Average Shares Outstanding	25.61M	28.15M	28.65M	28.69M	30.24M
Normalized Basic EPS	-0.34	-0.44	-0.39	-0.14	0.2
Normalized Diluted EPS	-0.34	-0.44	-0.39	-0.14	0.2
Supplemental Items
EBITDA	-14.38M	-20.28M	-14.7M	-6.91M	9.77M
EBITA	-14.4M	-20.33M	-18.77M	-7.12M	9.04M
EBIT	-14.4M	-20.33M	-18.77M	-7.12M	8.94M
EBITDAR	-12.06M	-17.38M	-13M	-6.54M	10.28M
Effective Tax Rate - (Ratio)	-1.09	-0.37	-	-	-
Normalized Net Income	-8.83M	-12.37M	-11.19M	-4.12M	5.9M
Interest on Long-Term Debt	4.29K	3.38K	2.41K	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	1.78M	2.2M	1.84M	2.09M	1.61M
Exploration/Drilling Costs	7.91M	13.22M	9.06M	3.77M	-13.04M
Net Rental Expense, Total	2.32M	2.9M	1.7M	370K	503K
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	493K	313K	144K	106K	186K
Total Stock-Based Compensation	493K	313K	144K	106K	186K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	22.75M	17.15M	12.02M	9.1M	14.88M
Short Term Investments	1.05M	-	-	-	-
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	23.81M	17.15M	12.02M	9.1M	14.88M
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	30.39K	21.98K	15.51K	111K	336K
Total Receivables	30.39K	21.98K	15.51K	111K	336K
Prepaid Expenses	76.98K	126K	130K	418K	192K
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	23.91M	17.3M	12.16M	9.62M	15.4M
Gross Property Plant And Equipment	4.65M	5.67M	2.18M	2.76M	2.19M
Accumulated Depreciation	-94.1K	-166K	-269K	-389K	-
Net Property Plant And Equipment	4.56M	5.5M	1.91M	2.37M	2.19M
Other Long-Term Assets, Total	-	-	-	-	17K
Total Assets	28.47M	22.8M	14.08M	11.99M	17.61M
Liabilities
Accounts Payable, Total	553K	353K	221K	218K	187K
Accrued Expenses, Total	496K	651K	367K	490K	530K
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	29.28K	30.24K	31.23K	26.81K	-
Current Income Taxes Payable	102K	-	-	-	-
Other Current Liabilities	-	-	13.61M	18.7M	-
Total Current Liabilities	1.18M	1.03M	14.23M	19.43M	717K
Long-Term Leases	88.28K	58.04K	26.81K	-	-
Other Non Current Liabilities	1.84M	8.1M	-	-	3.41M
Total Liabilities	3.11M	9.19M	14.25M	19.43M	4.13M
Common Stock, Total	53.07M	55.11M	55.13M	55.18M	56.96M
Additional Paid In Capital	4.85M	4.94M	5.08M	5.16M	5.32M
Retained Earnings	-31.61M	-43.52M	-59.64M	-65.88M	-47.48M
Comprehensive Income and Other	-950K	-2.93M	-748K	-1.9M	-1.32M
Total Common Equity	25.36M	13.61M	-177K	-7.44M	13.48M
Total Equity	25.36M	13.61M	-177K	-7.44M	13.48M
Total Liabilities And Equity	28.47M	22.8M	14.08M	11.99M	17.61M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	28.06M	28.66M	28.66M	28.8M	32.02M
ECS Total Common Shares Outstanding	27.71M	28.64M	28.66M	28.75M	32.02M
Book Value / Share	0.92	0.48	-0.01	-0.26	0.42
Tangible Book Value	25.36M	13.61M	-177K	-7.44M	13.48M
Tangible Book Value Per Share	0.92	0.48	-0.01	-0.26	0.42
Total Debt	118K	88.28K	58.04K	26.81K	0
Net Debt	-23.69M	-17.06M	-11.96M	-9.07M	-14.88M
Debt Equivalent Oper. Leases	18.56M	23.17M	13.61M	2.96M	4.03M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	294K	370K	368K	400K	-

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	-10.14M	-11.91M	-14.22M	-6.25M	18.4M
Depreciation & Amortization - CF	46.6K	80.55K	105K	105K	-
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	102K
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	3.99M	125K	735K
Depreciation & Amortization, Total	46.6K	80.55K	4.1M	230K	836K
(Gain) Loss From Sale Of Asset	-	-15.53K	-	-	-8.8M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	493K	313K	144K	106K	186K
Other Operating Activities, Total	1.84M	1.66M	1.89M	391K	-18.74M
Change In Accounts Receivable	-1.74M	-2.46M	-1.89M	-606K	-1.06M
Change In Accounts Payable	417K	-45.88K	-416K	240K	9.1K
Change In Income Taxes	-718K	-102K	-	-	-
Change in Other Net Operating Assets	-35.89K	-48.83K	-4.42K	-288K	226K
Cash from Operations	-9.83M	-12.53M	-10.39M	-6.17M	-8.95M
Capital Expenditure	-568K	-701K	-555K	-483K	-753K
Sale of Property, Plant, and Equipment	-	87.2K	-	-	8M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	1.53M	975K	-	-	-
Other Investing Activities, Total	1.89M	5.8M	5.51M	3.71M	4.91M
Cash from Investing	2.85M	6.16M	4.95M	3.23M	12.16M
Long-Term Debt Repaid, Total	-26.97K	-29.28K	-30.24K	-31.23K	-26.81K
Total Debt Repaid	-26.97K	-29.28K	-30.24K	-31.23K	-26.81K
Issuance of Common Stock	13.66M	1.74M	-	-	1.75M
Other Financing Activities, Total	-953K	-	-	-	792K
Cash from Financing	12.68M	1.71M	-30.24K	-31.23K	2.51M
Foreign Exchange Rate Adjustments	-13.87K	-934K	336K	56.29K	58.85K
Net Change in Cash	5.68M	-5.6M	-5.13M	-2.92M	5.78M
Supplemental Items
Levered Free Cash Flow	-9.21M	-13.2M	5.15M	235K	-12.84M
Unlevered Free Cash Flow	-9.21M	-13.2M	5.15M	235K	-12.84M
Change In Net Working Capital	184K	188K	-13.19M	-4.83M	18.69M
Net Debt Issued / Repaid	-26.97K	-29.28K	-30.24K	-31.23K	-26.81K

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	-33.87	-49.56	-63.64	-34.12	37.73
Return on Total Capital	-36.96	-64.87	-172.87	118.03	184.12
Return On Equity %	-41.88	-61.13	-211.81	163.94	609.36
Return on Common Equity	-41.88	-61.13	-211.81	163.94	609.36
Short Term Liquidity
Current Ratio	20.25	16.73	0.85	0.5	21.49
Quick Ratio	20.18	16.6	0.85	0.47	21.22
Operating Cash Flow to Current Liabilities	-8.33	-12.11	-0.73	-0.32	-12.48
Average Days Payable Outstanding	-	4.97K	788.11	549.82	317.27
Long Term Solvency
Total Debt/Equity	0.46	0.65	-32.74	-0.36	-
Total Debt / Total Capital	0.46	0.64	-48.68	-0.36	-
LT Debt/Equity	0.35	0.43	-15.12	-	-
Long-Term Debt / Total Capital	0.35	0.42	-22.49	-	-
Total Liabilities / Total Assets	10.92	40.32	101.26	162.07	23.46
EBIT / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-0.01	-0	-0	-0	-
Net Debt / EBITDA	1.65	0.84	0.82	1.32	-1.52
Total Debt / (EBITDA - Capex)	-0.01	-0	-0	-0	-
Net Debt / (EBITDA - Capex)	1.59	0.81	0.79	1.23	-1.65
Growth Over Prior Year
Gross Profit, 1 Yr. Growth %	-	-	299.1	9.82	59.49
EBITDA, 1 Yr. Growth %	189.29	41.03	-35.1	-52.97	-241.92
EBITA, 1 Yr. Growth %	184.65	41.21	-17.32	-62.1	-228.91
EBIT, 1 Yr. Growth %	184.65	41.21	-17.32	-62.1	-225.58
Earnings From Cont. Operations, 1 Yr. Growth %	-329.25	17.46	2.97	-56.08	-394.59
Net Income, 1 Yr. Growth %	-330.01	17.46	2.97	-56.08	-394.59
Normalized Net Income, 1 Yr. Growth %	203.21	40.02	-19.18	-63.16	-243.11
Diluted EPS Before Extra, 1 Yr. Growth %	-299.41	6.83	1.19	-56.13	-379.49
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	14.03	20.7	-65.22	23.77	-7.39
Total Assets, 1 Yr. Growth %	15.46	-19.92	-38.26	-14.81	46.89
Tangible Book Value, 1 Yr. Growth %	9.97	-46.35	-101.3	4.1K	-281.14
Common Equity, 1 Yr. Growth %	9.97	-46.35	-101.3	4.1K	-281.14
Cash From Operations, 1 Yr. Growth %	156.84	27.4	-23.71	-40.6	44.96
Capital Expenditures, 1 Yr. Growth %	169.99	23.53	-20.86	-12.97	55.92
Levered Free Cash Flow, 1 Yr. Growth %	389.74	43.36	-135.05	-95.43	-5.56K
Unlevered Free Cash Flow, 1 Yr. Growth %	389.74	43.36	-135.05	-95.43	-5.56K
Compound Annual Growth Rate Over Two Years
Gross Profit, 2 Yr. CAGR %	-	34.93	-	109.35	32.34
EBITDA, 2 Yr. CAGR %	66.36	101.99	1.12	-44.76	-18.48
EBITA, 2 Yr. CAGR %	66.35	100.49	14.2	-44.02	-30.62
EBIT, 2 Yr. CAGR %	66.35	100.49	14.2	-44.02	-31.01
Earnings From Cont. Operations, 2 Yr. CAGR %	60.11	64.1	18.43	-32.75	13.75
Net Income, 2 Yr. CAGR %	64.47	64.37	18.43	-32.75	13.75
Normalized Net Income, 2 Yr. CAGR %	63.92	106.05	12.57	-45.43	-27.39
Diluted EPS Before Extra, 2 Yr. CAGR %	22.8	45.22	11.96	-33.37	10.73
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.49	17.32	-35.21	-34.39	7.06
Total Assets, 2 Yr. CAGR %	65.91	-3.84	-29.68	-27.48	11.86
Tangible Book Value, 2 Yr. CAGR %	71.49	-23.19	-91.64	-26.04	772.13
Common Equity, 2 Yr. CAGR %	71.49	-23.19	-91.64	-26.04	772.13
Cash From Operations, 2 Yr. CAGR %	31.83	80.9	2.8	-32.68	-7.2
Capital Expenditures, 2 Yr. CAGR %	-13.98	82.62	-1.13	-17.01	16.49
Levered Free Cash Flow, 2 Yr. CAGR %	47.02	164.97	-25.23	-87.34	57.89
Unlevered Free Cash Flow, 2 Yr. CAGR %	47.02	164.97	-25.23	-87.34	57.89
Compound Annual Growth Rate Over Three Years
Gross Profit, 3 Yr. CAGR %	-	-	93.69	-	91.2
EBITDA, 3 Yr. CAGR %	28.62	57.45	43.55	-21.65	-24.44
EBITA, 3 Yr. CAGR %	28.61	57.51	54.84	-20.93	-26.44
EBIT, 3 Yr. CAGR %	28.61	57.51	54.84	-20.93	-26.72
Earnings From Cont. Operations, 3 Yr. CAGR %	12.29	44.4	47.6	-14.91	10.04
Net Income, 3 Yr. CAGR %	8.19	47.01	47.76	-14.91	10.04
Normalized Net Income, 3 Yr. CAGR %	25.53	55.53	56.63	-22.42	-24.75
Diluted EPS Before Extra, 3 Yr. CAGR %	-7.95	16.83	35.26	-18.07	7.45
Net Property, Plant and Equip., 3 Yr. CAGR %	-5.94	1.09	-21.77	-19.61	-26.4
Total Assets, 3 Yr. CAGR %	49.57	30.15	-17.04	-25.04	-8.24
Tangible Book Value, 3 Yr. CAGR %	52.95	16.42	-80.27	-33.54	-0.3
Common Equity, 3 Yr. CAGR %	52.95	16.42	-80.27	-33.54	-0.3
Cash From Operations, 3 Yr. CAGR %	18.49	30.34	39.5	-14.38	-13.07
Capital Expenditures, 3 Yr. CAGR %	-15.58	-2.95	38.2	-5.24	2.4
Levered Free Cash Flow, 3 Yr. CAGR %	38.04	45.79	39.9	-70.55	-4.39
Unlevered Free Cash Flow, 3 Yr. CAGR %	38.04	45.79	39.9	-70.55	-4.39
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	-26.42	36.45	-	66.32
EBITDA, 5 Yr. CAGR %	-	48.83	16.82	5.88	14.48
EBITA, 5 Yr. CAGR %	105.37	48.83	22.64	6.46	12.31
EBIT, 5 Yr. CAGR %	105.37	48.83	22.64	6.46	12.06
Earnings From Cont. Operations, 5 Yr. CAGR %	96.23	33.64	14.7	9.57	32.99
Net Income, 5 Yr. CAGR %	96.23	33.64	12.17	10.75	33.08
Normalized Net Income, 5 Yr. CAGR %	104.61	49.85	20.18	4.64	15.17
Diluted EPS Before Extra, 5 Yr. CAGR %	26.74	-0.68	-0.65	-3.87	24.85
Net Property, Plant and Equip., 5 Yr. CAGR %	111.17	54.48	-18.97	-14.96	-11.31
Total Assets, 5 Yr. CAGR %	82.66	34.64	10.59	3	-6.51
Tangible Book Value, 5 Yr. CAGR %	96.13	25.19	-52.18	-2.9	-10.18
Common Equity, 5 Yr. CAGR %	96.13	25.19	-52.18	-2.9	-10.18
Cash From Operations, 5 Yr. CAGR %	85.21	44.91	11.95	1.76	18.51
Capital Expenditures, 5 Yr. CAGR %	-	19.44	-10.07	-8.84	29.07
Levered Free Cash Flow, 5 Yr. CAGR %	77.61	57.59	8.02	-43.97	46.84
Unlevered Free Cash Flow, 5 Yr. CAGR %	77.61	57.59	8.02	-43.97	46.84