Income Statement Variscan Mines

Stocks

VAR

AU000000VAR3

Non-Gold Precious Metals & Minerals

Delayed Australian S.E. Other stock markets 02:10:05 2026-07-22 EDT			5-day change	1st Jan Change
0.004000 ^AUD	+33.33%		-11.11%	-27.27%

07-22	Daily Special: Altoro Metals, Carnegie Clean Energy, Mastermyne Group, Eden Innovations, Stelar Metals	FI
07-10	Variscan Mines Limited has Changed its Name to Altoro Metals Limited	CI

73.gTuO2a2kovXlSdsW9Ki2zCqrapigMyQmRzuaMKXVKFk.sFbskYD1lJyQHpZdxseF_x3HHvqRcnZRHXWqWeilYA3EUsDo5eDPl7QhtA

Published financial data: VARISCAN MINES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	-	-	-	-	-
Other Revenues, Total	-	-	-	1.07K	-
Total Revenues	-	-	-	1.07K	-
Gross Profit	-	-	-	1.07K	-
Selling General & Admin Expenses, Total	360K	450K	542K	534K	729K
Exploration / Drilling Costs, Total	-	-	100K	-	-
Provision for Bad Debts	-	-	-	-	-
Stock-Based Compensation (IS)	183K	191K	109K	-	-
Depreciation & Amortization - (IS)	-	-	-	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	48.38K	80.66K	89.64K	75.97K	52.92K
Other Operating Expenses, Total	592K	722K	840K	610K	782K
Operating Income	-592K	-722K	-840K	-609K	-782K
Interest Expense, Total	-102	-114	-31	-171	-156
Interest And Investment Income	6.11K	578	9.53K	9.46K	7.14K
Net Interest Expenses	6K	464	9.5K	9.29K	6.98K
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-107K	-4.83K	7.3K	-658	-22.57K
Other Non Operating Income (Expenses)	-69.49K	-101K	-62.63K	-50.15K	-96.52K
EBT, Excl. Unusual Items	-762K	-827K	-886K	-650K	-894K
Gain (Loss) On Sale Of Investments	77.77K	-	-	-	-
Legal Settlements	-	-	-	-	-26.3K
EBT, Incl. Unusual Items	-685K	-827K	-886K	-650K	-920K
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-685K	-827K	-886K	-650K	-920K
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-685K	-827K	-886K	-650K	-920K
Net Income - (IS)	-685K	-827K	-886K	-650K	-920K
Net Income to Common Incl Extra Items	-685K	-827K	-886K	-650K	-920K
Net Income to Common Excl. Extra Items	-685K	-827K	-886K	-650K	-920K
Per Share Items
Net EPS - Basic	-0	-0	-0	-0	-0
Basic EPS - Continuing Operations	-0	-0	-0	-0	-0
Basic Weighted Average Shares Outstanding	212M	266M	287M	365M	654M
Net EPS - Diluted	-0	-0	-0	-0	-0
Diluted EPS - Continuing Operations	-0	-0	-0	-0	-0
Diluted Weighted Average Shares Outstanding	212M	266M	287M	365M	654M
Normalized Basic EPS	-0	-0	-0	-0	-0
Normalized Diluted EPS	-0	-0	-0	-0	-0
Supplemental Items
EBITDA	-	-	-762K	-530K	-
EBITA	-592K	-722K	-840K	-609K	-782K
EBIT	-592K	-722K	-840K	-609K	-782K
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	6.11K	578	9.53K	10.54K	7.14K
Effective Tax Rate - (Ratio)	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-476K	-517K	-554K	-406K	-559K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	360K	439K	542K	524K	729K
Exploration/Drilling Costs	-	-	100K	-	-
Net Rental Expense, Total	-	-	-	-	360
Imputed Operating Lease Interest Expense	-	-	-	-	3
Imputed Operating Lease Depreciation	-	-	-	-	357
Stock-Based Comp., G&A Exp. (Total)	64.57K	-	70.94K	45.63K	163K
Stock-Based Comp., Other (Total)	183K	191K	109K	-	-
Total Stock-Based Compensation	248K	191K	180K	45.63K	163K

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	4.44M	1.95M	1.02M	250K	452K
Total Cash And Short Term Investments	4.44M	1.95M	1.02M	250K	452K
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	32.54K	239K	356K	104K	162K
Total Receivables	32.54K	239K	356K	104K	162K
Prepaid Expenses	18.37K	19.81K	19.51K	18.9K	18.23K
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	4.49M	2.2M	1.39M	373K	632K
Gross Property Plant And Equipment	4.79M	6.78M	8.18M	9.41M	10.8M
Accumulated Depreciation	-2.04K	-4.29K	-11.83K	-20.51K	-35.04K
Net Property Plant And Equipment	4.79M	6.78M	8.17M	9.39M	10.76M
Long-term Investments	-	-	-	-	-
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	229K	62.76K	67.8K	66.74K	74.02K
Total Assets	9.5M	9.04M	9.63M	9.83M	11.47M
Liabilities
Accounts Payable, Total	169K	155K	165K	127K	271K
Accrued Expenses, Total	63.06K	126K	89.33K	282K	70.82K
Short-term Borrowings	-	-	-	100K	250K
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	232K	281K	254K	510K	592K
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	232K	281K	254K	510K	592K
Common Stock, Total	35.77M	35.82M	37.17M	36.07M	40.63M
Retained Earnings	-25.17M	-25.98M	-26.84M	-27.05M	-27.76M
Comprehensive Income and Other	-1.33M	-1.08M	-950K	302K	-1.99M
Total Common Equity	9.27M	8.76M	9.38M	9.32M	10.88M
Total Equity	9.27M	8.76M	9.38M	9.32M	10.88M
Total Liabilities And Equity	9.5M	9.04M	9.63M	9.83M	11.47M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	266M	267M	388M	379M	783M
ECS Total Common Shares Outstanding	266M	267M	388M	379M	783M
Book Value / Share	0.03	0.03	0.02	0.02	0.01
Tangible Book Value	9.27M	8.76M	9.38M	9.32M	10.88M
Tangible Book Value Per Share	0.03	0.03	0.02	0.02	0.01
Total Debt	0	0	0	100K	250K
Net Debt	-4.44M	-1.95M	-1.02M	-150K	-202K
Debt Equivalent Oper. Leases	-	-	-	-	2.88K
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	33.6K	71.64K	82.99K	82.27K	126K

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	-685K	-827K	-886K	-650K	-920K
Depreciation & Amortization - CF	-	-	-	-	-
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	78.73K	-	-
Depreciation & Amortization, Total	-	-	78.73K	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-77.77K	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	248K	191K	180K	45.63K	163K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	3.01K	3.37K	-8.22K	216K	25.5K
Change In Accounts Receivable	-33.41K	-27.31K	2.74K	1.9K	-253
Change In Accounts Payable	-85.23K	21.28K	46.55K	27.65K	-34.04K
Change in Other Net Operating Assets	-138K	-	-	-	-
Cash from Operations	-768K	-639K	-587K	-359K	-766K
Capital Expenditure	-33.6K	-38.03K	-11.35K	-	-39.16K
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	476K	-	-	-	-
Other Investing Activities, Total	-1.49M	-1.8M	-1.6M	-1.11M	-1.41M
Cash from Investing	-1.05M	-1.84M	-1.61M	-1.11M	-1.45M
Short Term Debt Issued, Total	-	-	-	100K	282K
Total Debt Issued	-	-	-	100K	282K
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	4.25M	50K	1.26M	679K	2.37M
Other Financing Activities, Total	-143K	-55.55K	-	-72K	-235K
Cash from Financing	4.11M	-5.55K	1.26M	707K	2.41M
Foreign Exchange Rate Adjustments	-1.62K	-3.37K	13.7K	-1.2K	7.24K
Net Change in Cash	2.29M	-2.49M	-928K	-767K	202K
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-384K	-457K	-422K	73.38K	-490K
Unlevered Free Cash Flow	-384K	-457K	-422K	73.49K	-490K
Change In Net Working Capital	228K	159K	144K	-408K	125K
Net Debt Issued / Repaid	-	-	-	100K	282K

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	-4.79	-4.86	-5.63	-3.91	-4.59
Return on Total Capital	-5	-5	-5.79	-4.05	-4.76
Return On Equity %	-9.26	-9.17	-9.77	-6.95	-9.11
Return on Common Equity	-9.26	-9.17	-9.77	-6.95	-9.11
Margin Analysis
Gross Profit Margin %	-	-	-	100	-
SG&A Margin	-	-	-	49.75K	-
EBITDA Margin %	-	-	-	-49.4K	-
EBITA Margin %	-	-	-	-56.73K	-
EBIT Margin %	-	-	-	-56.73K	-
Income From Continuing Operations Margin %	-	-	-	-60.6K	-
Net Income Margin %	-	-	-	-60.6K	-
Net Avail. For Common Margin %	-	-	-	-60.6K	-
Normalized Net Income Margin	-	-	-	-37.88K	-
Levered Free Cash Flow Margin	-	-	-	6.84K	-
Unlevered Free Cash Flow Margin	-	-	-	6.85K	-
Asset Turnover
Asset Turnover	-	-	-	0	-
Fixed Assets Turnover	-	-	-	0	-
Receivables Turnover (Average Receivables)	-	-	-	-	-
Short Term Liquidity
Current Ratio	19.31	7.84	5.48	0.73	1.07
Quick Ratio	19.23	7.77	5.4	0.69	1.04
Operating Cash Flow to Current Liabilities	-3.3	-2.27	-2.31	-0.7	-1.29
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	-	-	-	1.07	2.3
Total Debt / Total Capital	-	-	-	1.06	2.25
Total Liabilities / Total Assets	2.45	3.11	2.64	5.18	5.16
EBIT / Interest Expense	-5.8K	-6.33K	-27.11K	-3.56K	-5.01K
EBITDA / Interest Expense	-	-	-24.57K	-3.1K	-
(EBITDA - Capex) / Interest Expense	-	-	-24.94K	-3.1K	-
Total Debt / EBITDA	-	-	-	-0.19	-
Net Debt / EBITDA	-	-	1.34	0.28	-
Total Debt / (EBITDA - Capex)	-	-	-	-0.19	-
Net Debt / (EBITDA - Capex)	-	-	1.32	0.28	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-	-	-
Gross Profit, 1 Yr. Growth %	-	-	-	-	-
EBITDA, 1 Yr. Growth %	-	-	-	-30.41	-
EBITA, 1 Yr. Growth %	-44.51	40.39	16.43	-27.57	28.46
EBIT, 1 Yr. Growth %	-44.51	40.39	16.43	-27.57	28.46
Earnings From Cont. Operations, 1 Yr. Growth %	-39.15	20.81	7.16	-26.63	41.54
Net Income, 1 Yr. Growth %	-39.15	20.81	7.16	-26.63	41.54
Normalized Net Income, 1 Yr. Growth %	-34.35	20.81	7.16	-26.63	37.5
Diluted EPS Before Extra, 1 Yr. Growth %	-57.73	-3.72	-0.68	-42.28	-21.03
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	45.23	41.58	20.53	14.99	14.59
Total Assets, 1 Yr. Growth %	59.74	-4.83	6.47	2.11	16.64
Tangible Book Value, 1 Yr. Growth %	67.89	-5.47	6.98	-0.55	16.67
Common Equity, 1 Yr. Growth %	67.89	-5.47	6.98	-0.55	16.67
Cash From Operations, 1 Yr. Growth %	-1.25	-16.86	-8.11	-38.83	113.45
Capital Expenditures, 1 Yr. Growth %	-	13.18	-70.15	-	-
Levered Free Cash Flow, 1 Yr. Growth %	51.43	36.21	-7.69	-117.39	-767.7
Unlevered Free Cash Flow, 1 Yr. Growth %	51.94	36.22	-7.68	-117.41	-766.59
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	-	-
Gross Profit, 2 Yr. CAGR %	-	-	-	-	-
EBITDA, 2 Yr. CAGR %	-	-	-	-	-
EBITA, 2 Yr. CAGR %	-11.26	-17.74	27.85	-8.16	-3.54
EBIT, 2 Yr. CAGR %	-11.26	-17.74	27.85	-8.16	-3.54
Earnings From Cont. Operations, 2 Yr. CAGR %	-21.98	-14.26	13.78	-11.33	1.91
Net Income, 2 Yr. CAGR %	23.11	-14.26	13.78	-11.33	1.91
Normalized Net Income, 2 Yr. CAGR %	-3.4	-15.61	13.78	-11.33	0.44
Diluted EPS Before Extra, 2 Yr. CAGR %	-57.46	-36.2	-2.21	-24.28	-32.49
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	1.02K	43.39	30.63	17.73	14.79
Total Assets, 2 Yr. CAGR %	163.64	23.3	0.66	4.27	9.14
Tangible Book Value, 2 Yr. CAGR %	172.37	25.98	0.56	3.15	7.71
Common Equity, 2 Yr. CAGR %	172.37	25.98	0.56	3.15	7.71
Cash From Operations, 2 Yr. CAGR %	-3.35	-9.39	-12.59	-25.02	14.27
Capital Expenditures, 2 Yr. CAGR %	-	-	-41.88	-	85.73
Levered Free Cash Flow, 2 Yr. CAGR %	-33.79	34.23	12.14	-59.94	7.74
Unlevered Free Cash Flow, 2 Yr. CAGR %	-33.77	34.45	12.14	-59.9	7.74
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	-
Gross Profit, 3 Yr. CAGR %	-	-	-	-	-
EBITDA, 3 Yr. CAGR %	-	-	-7.89	-	-
EBITA, 3 Yr. CAGR %	-11.7	-1.34	-7.64	5.79	2.7
EBIT, 3 Yr. CAGR %	-11.7	-1.34	-7.64	5.79	2.7
Earnings From Cont. Operations, 3 Yr. CAGR %	-16.98	-9.74	-7.65	-1.7	3.63
Net Income, 3 Yr. CAGR %	-53.92	22.34	-7.65	-1.7	3.63
Normalized Net Income, 3 Yr. CAGR %	-7.43	0.41	-8.62	-1.7	2.63
Diluted EPS Before Extra, 3 Yr. CAGR %	-54	-44.15	-26.06	-17.97	-23.21
Net Property, Plant and Equip., 3 Yr. CAGR %	273.34	463.35	35.33	25.2	16.67
Total Assets, 3 Yr. CAGR %	45.56	87.72	17.41	1.14	8.24
Tangible Book Value, 3 Yr. CAGR %	63.67	91.41	19.3	0.19	7.47
Common Equity, 3 Yr. CAGR %	63.67	91.41	19.3	0.19	7.47
Cash From Operations, 3 Yr. CAGR %	-1.55	-8.08	-8.96	-22.39	6.26
Capital Expenditures, 3 Yr. CAGR %	-68.89	-	-	-	0.98
Levered Free Cash Flow, 3 Yr. CAGR %	-31.74	-19.51	18.48	-39.76	2.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	-31.38	-19.49	18.62	-39.72	2.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-19.87	-
Gross Profit, 5 Yr. CAGR %	-	-	-	-19.87	-
EBITDA, 5 Yr. CAGR %	-	-	1.13	-4.28	-
EBITA, 5 Yr. CAGR %	22.2	-7.24	-0.46	-4.13	-6.02
EBIT, 5 Yr. CAGR %	22.2	-7.24	-0.46	-4.13	-6.02
Earnings From Cont. Operations, 5 Yr. CAGR %	-12.83	-12.58	-5.82	-10.38	-3.94
Net Income, 5 Yr. CAGR %	-12.83	-26.72	-33.85	7.56	-3.94
Normalized Net Income, 5 Yr. CAGR %	16.16	-9.21	-1.61	-4.46	-5.1
Diluted EPS Before Extra, 5 Yr. CAGR %	-46.9	-44.34	-37.8	-36.92	-28.7
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	2.78	8.58	145.29	201.18	26.7
Total Assets, 5 Yr. CAGR %	0.77	3.21	25.6	48.38	14.03
Tangible Book Value, 5 Yr. CAGR %	1.75	5.14	34.7	49.47	14.52
Common Equity, 5 Yr. CAGR %	1.75	5.14	34.7	49.47	14.52
Cash From Operations, 5 Yr. CAGR %	-17.29	-20.74	-6.12	-15.27	-0.3
Capital Expenditures, 5 Yr. CAGR %	-55.58	-52.35	-60.05	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-28.96	-24.68	-18.97	-39.11	14.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	-28.96	-24.68	-18.71	-39.08	14.14