Income Statement Spey Resources Canadian Securities Exchange

Stocks

SPEY

CA84840P2017

Specialty Mining & Metals

Delayed Canadian Securities Exchange 13:59:03 2026-09-30 EDT			5-day change	1st Jan Change
0.0150 ^CAD	0.00%		0.00%	-

08-07	Armory Mining Corp Enters Option Agreement to Acquire 100% Interest in Happy Creek Project Mineral Claim	CI
07-29	Armory Mining Corp. Reports Earnings Results for the Half Year Ended May 31, 2026	CI

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Published financial data: SPEY RESOURCES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: November	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Selling General & Admin Expenses, Total	2.56M	2.74M	1.56M	553K	2.2M
Stock-Based Compensation (IS)	-	973K	835K	11.06K	454K
Impairment of Oil, Gas & Mineral Properties - (IS)	-	251K	1.09M	-	605K
Other Operating Expenses, Total	2.56M	3.97M	3.48M	564K	3.26M
Operating Income	-2.56M	-3.97M	-3.48M	-564K	-3.26M
Interest Expense, Total	-	-	-	-	-2.32K
Interest And Investment Income	-	-	878	7.52K	-
Net Interest Expenses	-	-	878	7.52K	-2.32K
Currency Exchange Gains (Loss)	-	-61.11K	-16.83K	-55.12K	-12.77K
Other Non Operating Income (Expenses)	-25.97K	-93.74K	-67.61K	-62.5K	-27.19K
EBT, Excl. Unusual Items	-2.59M	-4.12M	-3.57M	-674K	-3.3M
Gain (Loss) On Sale Of Investments	-	-255K	-45.72K	-63.25K	-
Gain (Loss) On Sale Of Assets	-	-	-1.94M	-	-
Other Unusual Items	-8.09M	-256K	73.23K	10.75K	11.44K
EBT, Incl. Unusual Items	-10.68M	-4.63M	-5.48M	-726K	-3.29M
Earnings From Continuing Operations	-10.68M	-4.63M	-5.48M	-726K	-3.29M
Net Income to Company	-10.68M	-4.63M	-5.48M	-726K	-3.29M
Net Income - (IS)	-10.68M	-4.63M	-5.48M	-726K	-3.29M
Net Income to Common Incl Extra Items	-10.68M	-4.63M	-5.48M	-726K	-3.29M
Net Income to Common Excl. Extra Items	-10.68M	-4.63M	-5.48M	-726K	-3.29M
Per Share Items
Net EPS - Basic	-2.6	-0.61	-0.5	-0.06	-0.07
Basic EPS - Continuing Operations	-2.6	-0.61	-0.5	-0.06	-0.07
Basic Weighted Average Shares Outstanding	4.11M	7.65M	10.95M	12.49M	47.48M
Net EPS - Diluted	-2.6	-0.61	-0.5	-0.06	-0.07
Diluted EPS - Continuing Operations	-2.6	-0.61	-0.5	-0.06	-0.07
Diluted Weighted Average Shares Outstanding	4.11M	7.65M	10.95M	12.49M	47.48M
Normalized Basic EPS	-0.39	-0.34	-0.2	-0.03	-0.04
Normalized Diluted EPS	-0.39	-0.34	-0.2	-0.03	-0.04
Supplemental Items
EBITDA	-	-3.72M	-2.4M	522K	-2.66M
EBITA	-2.56M	-3.97M	-3.48M	-564K	-3.26M
EBIT	-2.56M	-3.97M	-3.48M	-564K	-3.26M
EBITDAR	-	-	-	-	-
Normalized Net Income	-1.62M	-2.58M	-2.23M	-421K	-2.06M
Supplemental Operating Expense Items
Advertising Expense	1.04M	457K	481K	-	759K
Selling and Marketing Expenses	1.04M	457K	481K	-	759K
General and Administrative Expenses	1.52M	2.29M	1.08M	553K	1.44M
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	973K	835K	11.06K	454K
Total Stock-Based Compensation	-	973K	835K	11.06K	454K

Fiscal Period: November	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	1.13M	1.13M	23.78K	117K	43.57K
Short Term Investments	-	214K	225K	-	-
Total Cash And Short Term Investments	1.13M	1.34M	249K	117K	43.57K
Other Receivables	64.42K	173K	195K	29.81K	80.64K
Total Receivables	64.42K	173K	195K	29.81K	80.64K
Prepaid Expenses	25.61K	671K	11.84K	132K	441K
Other Current Assets, Total	-	-200	-	-	-
Total Current Assets	1.22M	2.19M	456K	279K	565K
Gross Property Plant And Equipment	2.77M	6.4M	3.52M	4.58M	4.61M
Net Property Plant And Equipment	2.77M	6.4M	3.52M	4.58M	4.61M
Long-term Investments	-	-	-	-	1
Total Assets	3.99M	8.59M	3.98M	4.86M	5.17M
Liabilities
Accounts Payable, Total	221K	868K	619K	676K	857K
Accrued Expenses, Total	3K	41.66K	339K	214K	26.75K
Short-term Borrowings	-	22.42K	22.42K	22.42K	88.72K
Total Current Liabilities	224K	932K	981K	912K	973K
Total Liabilities	224K	932K	981K	912K	973K
Common Stock, Total	12.91M	20.43M	21.42M	23M	26.23M
Additional Paid In Capital	1.55M	2.37M	2.22M	2.23M	2.6M
Retained Earnings	-10.67M	-15.3M	-20.78M	-21.46M	-24.75M
Comprehensive Income and Other	-25K	157K	140K	177K	118K
Total Common Equity	3.77M	7.66M	2.99M	3.95M	4.2M
Total Equity	3.77M	7.66M	2.99M	3.95M	4.2M
Total Liabilities And Equity	3.99M	8.59M	3.98M	4.86M	5.17M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.96M	10.67M	11.21M	39.29M	90.45M
ECS Total Common Shares Outstanding	6.96M	10.67M	11.11M	26.71M	79.95M
Book Value / Share	0.54	0.72	0.27	0.15	0.05
Tangible Book Value	3.77M	7.66M	2.99M	3.95M	4.2M
Tangible Book Value Per Share	0.54	0.72	0.27	0.15	0.05
Total Debt	0	22.42K	22.42K	22.42K	88.72K
Net Debt	-1.13M	-1.32M	-226K	-94.5K	45.14K
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: November	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	-10.68M	-4.63M	-5.48M	-726K	-3.29M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	251K	1.09M	-	605K
Depreciation & Amortization, Total	-	251K	1.09M	-	605K
(Gain) Loss From Sale Of Asset	-	-	1.94M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	255K	45.72K	63.25K	-
Stock-Based Compensation (CF)	-	973K	835K	11.06K	454K
Other Operating Activities, Total	8.09M	268K	-73.23K	42.1K	-8.65K
Change In Accounts Receivable	-69.94K	-108K	-22.88K	166K	-50.83K
Change In Accounts Payable	152K	819K	27.61K	74.41K	6.11K
Change in Other Net Operating Assets	-25.61K	-645K	659K	-120K	-308K
Cash from Operations	-2.53M	-2.82M	-985K	-490K	-2.59M
Capital Expenditure	-1.19M	-2.36M	-710K	-128K	-31.49K
Sale of Property, Plant, and Equipment	-	345K	250K	110K	100K
Cash Acquisitions	835K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	134K	281K	162K	-
Cash from Investing	-354K	-1.88M	-178K	143K	68.51K
Short Term Debt Issued, Total	-	327K	-	-	74K
Total Debt Issued	-	327K	-	-	74K
Short Term Debt Repaid, Total	-	-108K	-	-	-10.5K
Total Debt Repaid	-	-108K	-	-	-10.5K
Issuance of Common Stock	4.01M	4.45M	-	470K	2.6M
Other Financing Activities, Total	-	-131K	-	-13.88K	-209K
Cash from Financing	4.01M	4.54M	-	456K	2.46M
Foreign Exchange Rate Adjustments	-	157K	58.12K	-16K	-5.91K
Net Change in Cash	1.12M	-4.68K	-1.1M	93.15K	-73.35K
Supplemental Items
Levered Free Cash Flow	-2.67M	-3.68M	-283K	-494K	-1.38M
Unlevered Free Cash Flow	-2.67M	-3.68M	-283K	-494K	-1.38M
Change In Net Working Capital	-119K	67.02K	-685K	23.96K	364K
Net Debt Issued / Repaid	-	218K	-	-	63.5K

Fiscal Period: November	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	-74.36	-39.41	-34.67	-7.97	-40.61
Return on Total Capital	-78.85	-43.32	-40.72	-10.08	-49.33
Return On Equity %	-525.7	-81.1	-102.95	-20.91	-80.76
Return on Common Equity	-525.7	-81.1	-102.95	-20.91	-80.76
Short Term Liquidity
Current Ratio	5.47	2.35	0.46	0.31	0.58
Quick Ratio	5.36	1.63	0.45	0.16	0.13
Operating Cash Flow to Current Liabilities	-11.33	-3.02	-1	-0.54	-2.67
Long Term Solvency
Total Debt/Equity	-	0.29	0.75	0.57	2.11
Total Debt / Total Capital	-	0.29	0.74	0.56	2.07
Total Liabilities / Total Assets	5.6	10.85	24.67	18.75	18.8
EBIT / Interest Expense	-	-	-	-	-1.41K
EBITDA / Interest Expense	-	-	-	-	-1.15K
(EBITDA - Capex) / Interest Expense	-	-	-	-	-1.16K
Total Debt / EBITDA	-	-0.01	-0.01	0.04	-0.03
Net Debt / EBITDA	-	0.36	0.09	-0.18	-0.02
Total Debt / (EBITDA - Capex)	-	-0	-0.01	0.06	-0.03
Net Debt / (EBITDA - Capex)	-	0.22	0.07	-0.24	-0.02
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	-	-	-35.43	-121.74	-609.13
EBITA, 1 Yr. Growth %	895.56	54.73	-12.15	-83.82	478.46
EBIT, 1 Yr. Growth %	895.56	54.73	-12.15	-83.82	478.46
Earnings From Cont. Operations, 1 Yr. Growth %	3.75K	-56.63	18.36	-86.79	388.76
Net Income, 1 Yr. Growth %	3.75K	-56.63	18.36	-86.79	388.76
Normalized Net Income, 1 Yr. Growth %	833.47	59.16	-13.42	-81.21	431.93
Diluted EPS Before Extra, 1 Yr. Growth %	1.43K	-76.69	-17.32	-88.43	28.62
Net Property, Plant and Equip., 1 Yr. Growth %	5.64K	131.32	-45.02	30.22	0.55
Total Assets, 1 Yr. Growth %	1.15K	115.19	-53.71	22.3	6.4
Tangible Book Value, 1 Yr. Growth %	1.17K	103.22	-60.88	31.91	6.33
Common Equity, 1 Yr. Growth %	1.17K	103.22	-60.88	31.91	6.33
Cash From Operations, 1 Yr. Growth %	1.63K	11.31	-65.08	-50.2	429.16
Capital Expenditures, 1 Yr. Growth %	2.82K	98.28	-69.92	-81.9	-75.48
Levered Free Cash Flow, 1 Yr. Growth %	3.69K	37.73	-92.31	74.38	178.9
Unlevered Free Cash Flow, 1 Yr. Growth %	3.69K	37.73	-92.31	74.38	178.6
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	-	440.55	-	-62.53	5.21
EBITA, 2 Yr. CAGR %	190.02	292.48	16.59	-62.3	-3.27
EBIT, 2 Yr. CAGR %	190.02	292.48	16.59	-62.3	-3.27
Earnings From Cont. Operations, 2 Yr. CAGR %	487.04	308.65	-28.36	-60.41	-22.64
Net Income, 2 Yr. CAGR %	487.04	308.65	-28.36	-60.41	-22.64
Normalized Net Income, 2 Yr. CAGR %	189.03	285.45	17.39	-59.57	-4.02
Diluted EPS Before Extra, 2 Yr. CAGR %	228.04	88.93	-56.1	-69.02	-62.85
Net Property, Plant and Equip., 2 Yr. CAGR %	368.05	1.05K	12.77	-15.39	14.43
Total Assets, 2 Yr. CAGR %	445.11	419.38	-0.19	-24.76	14.07
Tangible Book Value, 2 Yr. CAGR %	472.88	408.27	-10.84	-28.17	18.43
Common Equity, 2 Yr. CAGR %	472.88	408.27	-10.84	-28.17	18.43
Cash From Operations, 2 Yr. CAGR %	279.66	338.91	-37.65	-58.3	62.33
Capital Expenditures, 2 Yr. CAGR %	301.15	661.26	-22.76	-76.67	-78.94
Levered Free Cash Flow, 2 Yr. CAGR %	353.09	622.08	-67.46	-63.38	120.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	353.09	622.08	-67.46	-63.38	120.42
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	-	169.9	166.21	-	-10.59
EBITA, 3 Yr. CAGR %	120.09	135.22	138.3	-39.64	-6.32
EBIT, 3 Yr. CAGR %	120.09	135.22	138.3	-39.64	-6.32
Earnings From Cont. Operations, 3 Yr. CAGR %	246.3	146.32	170.37	-59.19	-10.77
Net Income, 3 Yr. CAGR %	246.3	146.32	170.37	-59.19	-10.77
Normalized Net Income, 3 Yr. CAGR %	115.93	136.9	134.3	-36.16	-7.11
Diluted EPS Before Extra, 3 Yr. CAGR %	108.06	35.88	43.44	-71.82	-51.45
Net Property, Plant and Equip., 3 Yr. CAGR %	186.91	270.05	317.9	18.31	-10.38
Total Assets, 3 Yr. CAGR %	138.24	299.88	132	6.8	-15.55
Tangible Book Value, 3 Yr. CAGR %	141.88	305.53	116.2	1.59	-18.13
Common Equity, 3 Yr. CAGR %	141.88	305.53	116.2	1.59	-18.13
Cash From Operations, 3 Yr. CAGR %	151.22	152.21	88.78	-42.15	-2.74
Capital Expenditures, 3 Yr. CAGR %	373.67	217.18	159.3	-52.39	-76.28
Levered Free Cash Flow, 3 Yr. CAGR %	293.01	204.65	58.86	-43.05	-27.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	293.01	204.65	58.86	-43.05	-27.98
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	-	-	22.51	83.64
EBITA, 5 Yr. CAGR %	-	87.25	70.7	13.09	66.15
EBIT, 5 Yr. CAGR %	-	87.25	70.7	13.09	66.15
Earnings From Cont. Operations, 5 Yr. CAGR %	-	93.16	84.39	18.56	64
Net Income, 5 Yr. CAGR %	-	93.16	84.39	18.56	64
Normalized Net Income, 5 Yr. CAGR %	-	88.69	69.21	16.8	64.12
Diluted EPS Before Extra, 5 Yr. CAGR %	-	19.09	11.66	-24.78	-16.39
Net Property, Plant and Equip., 5 Yr. CAGR %	-	137.29	97.48	105.08	148.92
Total Assets, 5 Yr. CAGR %	-	121.88	68.22	105	74.65
Tangible Book Value, 5 Yr. CAGR %	-	117.7	62.26	102.93	69.94
Common Equity, 5 Yr. CAGR %	-	117.7	62.26	102.93	69.94
Cash From Operations, 5 Yr. CAGR %	-	98.97	43.87	22.78	77.72
Capital Expenditures, 5 Yr. CAGR %	-	56.01	129.31	11.68	-5.01
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	45.09	30.55	81.14
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	45.09	30.55	81.1