Income Statement VVC Exploration Corporation

Stocks

VVC

CA9184061096

Diversified Mining

Delayed Toronto S.E. 12:11:41 2026-06-03 EDT			5-day change	1st Jan Change
0.0100 ^CAD	-.--%		-.--%	-33.33%

09-28	VVC Exploration Corporation Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2026	CI
08-28	VVC Exploration Corporation Reports Earnings Results for the First Quarter Ended April 30, 2026	CI

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Published financial data: VVC EXPLORATION CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)	2026 (CAD)
Revenues	22.71K	36.57K	30.31K	100K	116K
Total Revenues	22.71K	36.57K	30.31K	100K	116K
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	22.71K	36.57K	30.31K	100K	116K
Selling General & Admin Expenses, Total	1.24M	1.46M	1.26M	1.62M	1.31M
Exploration / Drilling Costs, Total	5.37M	3.03M	2.16M	3.85M	1.04M
Stock-Based Compensation (IS)	1.54M	616K	420K	482K	374K
Depreciation & Amortization - (IS)	915	11.74K	104K	89.96K	102K
Other Operating Expenses, Total	8.15M	5.12M	3.95M	6.04M	2.83M
Operating Income	-8.13M	-5.08M	-3.92M	-5.94M	-2.71M
Interest Expense, Total	-88.28K	-125K	-212K	-167K	-153K
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-88.28K	-125K	-212K	-167K	-153K
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	7.05K	-66K	-	-	130K
Other Non Operating Income (Expenses)	-192K	-246K	-236K	-23.34K	-24.53K
EBT, Excl. Unusual Items	-8.41M	-5.52M	-4.37M	-6.13M	-2.76M
Gain (Loss) On Sale Of Investments	-	-	-	-	447K
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-	-178K	-	-
EBT, Incl. Unusual Items	-8.41M	-5.52M	-4.55M	-6.13M	-2.31M
Income Tax Expense	-	-	-2.6M	-2.13M	3.6M
Earnings From Continuing Operations	-8.41M	-5.52M	-1.95M	-4M	-5.92M
Net Income to Company	-8.41M	-5.52M	-1.95M	-4M	-5.92M
Net Income - (IS)	-8.41M	-5.52M	-1.95M	-4M	-5.92M
Net Income to Common Incl Extra Items	-8.41M	-5.52M	-1.95M	-4M	-5.92M
Net Income to Common Excl. Extra Items	-8.41M	-5.52M	-1.95M	-4M	-5.92M
Per Share Items
Net EPS - Basic	-0.02	-0.01	-0	-0.01	-0.01
Basic EPS - Continuing Operations	-0.02	-0.01	-0	-0.01	-0.01
Basic Weighted Average Shares Outstanding	511M	555M	573M	573M	573M
Net EPS - Diluted	-0.02	-0.01	-0	-0.01	-0.01
Diluted EPS - Continuing Operations	-0.02	-0.01	-0	-0.01	-0.01
Diluted Weighted Average Shares Outstanding	511M	555M	573M	573M	573M
Normalized Basic EPS	-0.01	-0.01	-0	-0.01	-0
Normalized Diluted EPS	-0.01	-0.01	-0	-0.01	-0
Supplemental Items
EBITDA	-8.13M	-5.07M	-3.82M	-5.85M	-2.61M
EBITA	-8.13M	-5.08M	-3.92M	-5.94M	-2.71M
EBIT	-8.13M	-5.08M	-3.92M	-5.94M	-2.71M
EBITDAR	-8.11M	-5.05M	-3.79M	-5.81M	-2.59M
Effective Tax Rate - (Ratio)	-	-	57.17	34.69	-155.72
Total Deferred Taxes	-	-	-	-	3.6M
Normalized Net Income	-5.25M	-3.45M	-2.73M	-3.83M	-1.73M
Interest on Long-Term Debt	88.28K	-	-	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	1.11M	1.35M	1.16M	1.51M	1.26M
Exploration/Drilling Costs	5.37M	3.03M	2.16M	3.85M	1.04M
Net Rental Expense, Total	20.56K	18.52K	31.18K	34.62K	25.02K
Imputed Operating Lease Interest Expense	85.73K	16.58K	25.23K	21.15K	10.74K
Imputed Operating Lease Depreciation	-65.17K	1.94K	5.95K	13.46K	14.28K
Stock-Based Comp., Other (Total)	1.54M	616K	420K	482K	374K
Total Stock-Based Compensation	1.54M	616K	420K	482K	374K

Fiscal Period: January	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)	2026 (CAD)
Assets
Cash And Equivalents	3.63M	49.88K	3.26M	7.39K	17.68K
Total Cash And Short Term Investments	3.63M	49.88K	3.26M	7.39K	17.68K
Accounts Receivable, Total	5.2K	-	28.08K	-	-
Other Receivables	27.49K	12.03K	57.15K	17.51K	2.89K
Total Receivables	32.69K	12.03K	85.23K	17.51K	2.89K
Prepaid Expenses	695	10.91K	5.73K	5.72K	5.73K
Total Current Assets	3.66M	72.82K	3.35M	30.62K	26.3K
Gross Property Plant And Equipment	266K	1.75M	1.8M	1.87M	1.86M
Accumulated Depreciation	-915	-12.65K	-117K	-207K	-239K
Net Property Plant And Equipment	265K	1.74M	1.68M	1.66M	1.62M
Long-term Investments	23.48K	23.48K	13.56M	34.99M	-
Loans Receivable Long-Term	-	-	-	-	-
Total Assets	3.95M	1.84M	18.6M	36.68M	1.65M
Liabilities
Accounts Payable, Total	377K	334K	213K	110K	837K
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	-	2.06M	2.13M	2.23M	3.06M
Current Portion of Long-Term Debt	166K	-	-	-	-
Other Current Liabilities	7.05M	6.09M	6.61M	7.69M	7.14M
Total Current Liabilities	7.6M	8.49M	8.95M	10.03M	11.04M
Long-Term Debt	-	-	-	-	420K
Deferred Tax Liability Non Current	-	-	-	987K	-
Other Non Current Liabilities	319K	565K	282K	318K	308K
Total Liabilities	7.92M	9.05M	9.23M	11.34M	11.76M
Common Stock, Total	44.9M	47.29M	47.29M	47.29M	47.29M
Additional Paid In Capital	13.72M	13.72M	14.65M	15.14M	15.51M
Retained Earnings	-62.35M	-67.87M	-64.1M	-66.86M	-72.48M
Comprehensive Income and Other	-225K	-349K	11.53M	29.79M	-434K
Total Common Equity	-3.96M	-7.22M	9.37M	25.35M	-10.11M
Total Equity	-3.96M	-7.22M	9.37M	25.35M	-10.11M
Total Liabilities And Equity	3.95M	1.84M	18.6M	36.68M	1.65M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	550M	573M	573M	573M	573M
ECS Total Common Shares Outstanding	545M	573M	573M	573M	573M
Book Value / Share	-0.01	-0.01	0.02	0.04	-0.02
Tangible Book Value	-3.96M	-7.22M	9.37M	25.35M	-10.11M
Tangible Book Value Per Share	-0.01	-0.01	0.02	0.04	-0.02
Total Debt	166K	2.06M	2.13M	2.23M	3.48M
Net Debt	-3.46M	2.01M	-1.13M	2.22M	3.46M
Debt Equivalent Oper. Leases	165K	148K	249K	277K	200K
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	-	3	3	3	3
Machinery, Total	266K	1.75M	266K	268K	-

Fiscal Period: January	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)	2026 (CAD)
Net Income	-8.41M	-5.52M	-1.95M	-4M	-5.92M
Depreciation & Amortization - CF	915	11.74K	104K	89.96K	102K
Depreciation & Amortization, Total	915	11.74K	104K	89.96K	102K
(Gain) Loss From Sale Of Asset	-	-	-	-	198K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-447K
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	1.61M	661K	420K	482K	374K
Other Operating Activities, Total	169K	-559K	-2.36M	-1.46M	3.63M
Change In Accounts Payable	932K	-267K	142K	765K	384K
Change in Other Net Operating Assets	61.79K	10.44K	-68.01K	-302K	14.61K
Cash from Operations	-5.64M	-5.66M	-3.71M	-4.43M	-1.67M
Capital Expenditure	-113K	-1.45M	-	-	-629K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-23.48K	-	6.59M	1.12M	1.05M
Other Investing Activities, Total	4.07M	-	202K	-	-
Cash from Investing	3.94M	-1.45M	6.8M	1.12M	417K
Short Term Debt Issued, Total	-	2.06M	66.98K	-	-
Long-Term Debt Issued, Total	-	-	-	-	1.37M
Total Debt Issued	-	2.06M	66.98K	-	1.37M
Short Term Debt Repaid, Total	-	-	-	-69K	-
Long-Term Debt Repaid, Total	-33.75K	-42.17K	-	-	-
Total Debt Repaid	-33.75K	-42.17K	-	-69K	-
Issuance of Common Stock	2.68M	1.51M	-	-	-
Other Financing Activities, Total	-331K	-	-	-	-
Cash from Financing	2.31M	3.53M	66.98K	-69K	1.37M
Foreign Exchange Rate Adjustments	-2.38K	-97.15K	65.5K	124K	-115K
Net Change in Cash	614K	-3.68M	3.21M	-3.26M	10.29K
Supplemental Items
Levered Free Cash Flow	1.23M	-5.08M	-1.73M	-2.19M	-1.75M
Unlevered Free Cash Flow	1.29M	-5M	-1.6M	-2.09M	-1.65M
Change In Net Working Capital	-4.94M	997K	-327K	-1.05M	-197K
Net Debt Issued / Repaid	-33.75K	2.02M	66.98K	-69K	1.37M

Fiscal Period: January	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)	2026 (CAD)
Profitability
Return on Assets	-140.9	-109.81	-23.99	-13.43	-8.85
Return on Total Capital	295.54	71.01	-77.24	-18.99	-16.2
Return On Equity %	444.91	98.76	-181.02	-23.06	-77.68
Return on Common Equity	444.91	98.76	-181.02	-23.06	-77.68
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	5.48K	4K	4.17K	1.61K	1.13K
EBITDA Margin %	-35.81K	-13.87K	-12.59K	-5.83K	-2.26K
EBITA Margin %	-35.81K	-13.9K	-12.94K	-5.92K	-2.35K
EBIT Margin %	-35.81K	-13.9K	-12.94K	-5.92K	-2.35K
Income From Continuing Operations Margin %	-37.01K	-15.1K	-6.43K	-3.99K	-5.12K
Net Income Margin %	-37.01K	-15.1K	-6.43K	-3.99K	-5.12K
Net Avail. For Common Margin %	-37.01K	-15.1K	-6.43K	-3.99K	-5.12K
Normalized Net Income Margin	-23.13K	-9.43K	-9.01K	-3.82K	-1.49K
Levered Free Cash Flow Margin	5.43K	-13.88K	-5.72K	-2.19K	-1.51K
Unlevered Free Cash Flow Margin	5.67K	-13.66K	-5.28K	-2.08K	-1.43K
Asset Turnover
Asset Turnover	0.01	0.01	0	0	0.01
Fixed Assets Turnover	-	0.04	0.02	0.06	0.07
Short Term Liquidity
Current Ratio	0.48	0.01	0.37	0	0
Quick Ratio	0.48	0.01	0.37	0	0
Operating Cash Flow to Current Liabilities	-0.74	-0.67	-0.41	-0.44	-0.15
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	-4.19	-28.6	22.75	8.81	-34.36
Total Debt / Total Capital	-4.37	-40.06	18.53	8.09	-52.35
LT Debt/Equity	-	-	-	-	-4.15
Long-Term Debt / Total Capital	-	-	-	-	-6.32
Total Liabilities / Total Assets	200.33	492.8	49.63	30.9	712.59
EBIT / Interest Expense	-92.11	-40.76	-18.49	-35.63	-17.72
EBITDA / Interest Expense	-92.1	-40.67	-18	-35.09	-17.05
(EBITDA - Capex) / Interest Expense	-93.39	-52.3	-18	-35.09	-21.15
Total Debt / EBITDA	-0.02	-0.41	-0.56	-0.38	-1.33
Net Debt / EBITDA	0.43	-0.4	0.3	-0.38	-1.32
Total Debt / (EBITDA - Capex)	-0.02	-0.32	-0.56	-0.38	-1.07
Net Debt / (EBITDA - Capex)	0.42	-0.31	0.3	-0.38	-1.07
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	61.06	-17.12	230.94	15.13
Gross Profit, 1 Yr. Growth %	-	61.06	-17.12	230.94	15.13
EBITDA, 1 Yr. Growth %	-40.53	-37.61	-24.74	53.17	-55.35
EBITA, 1 Yr. Growth %	-40.55	-37.47	-22.87	51.4	-54.3
EBIT, 1 Yr. Growth %	-40.55	-37.47	-22.87	51.4	-54.3
Earnings From Cont. Operations, 1 Yr. Growth %	-42.98	-34.31	-64.72	105.47	47.85
Net Income, 1 Yr. Growth %	-42.98	-34.31	-64.72	105.47	47.85
Normalized Net Income, 1 Yr. Growth %	-41.79	-34.31	-20.85	40.23	-54.94
Diluted EPS Before Extra, 1 Yr. Growth %	-55.15	-39.53	-65.81	105.47	47.85
Net Property, Plant and Equip., 1 Yr. Growth %	-	557.3	-3.27	-1.51	-2.03
Total Assets, 1 Yr. Growth %	21.09	-53.51	912.48	97.23	-95.5
Tangible Book Value, 1 Yr. Growth %	-2.23K	82.01	-229.82	170.58	-139.9
Common Equity, 1 Yr. Growth %	-2.23K	82.01	-229.82	170.58	-139.9
Cash From Operations, 1 Yr. Growth %	475.5	0.49	-34.42	19.31	-62.42
Capital Expenditures, 1 Yr. Growth %	-	1.18K	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-116.83	-511.77	-65.86	26.65	-20.39
Unlevered Free Cash Flow, 1 Yr. Growth %	-117.77	-488.07	-67.98	30.64	-21
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	15.54	65.62	95.2
Gross Profit, 2 Yr. CAGR %	-	-	15.54	65.62	95.2
EBITDA, 2 Yr. CAGR %	173.41	-39.09	-31.48	7.36	-17.3
EBITA, 2 Yr. CAGR %	169.33	-39.03	-30.55	8.06	-16.82
EBIT, 2 Yr. CAGR %	169.33	-39.03	-30.55	8.06	-16.82
Earnings From Cont. Operations, 2 Yr. CAGR %	113.76	-38.8	-51.86	-14.86	74.3
Net Income, 2 Yr. CAGR %	113.76	-38.8	-51.86	-14.86	74.3
Normalized Net Income, 2 Yr. CAGR %	113.76	-38.16	-27.9	5.35	-20.51
Diluted EPS Before Extra, 2 Yr. CAGR %	69.02	-47.92	-54.53	-16.18	74.3
Accounts Receivable, 2 Yr. CAGR %	-	-	132.39	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	9.65	-	152.15	-2.4	-1.77
Total Assets, 2 Yr. CAGR %	-21.08	-24.97	116.96	346.87	-70.21
Tangible Book Value, 2 Yr. CAGR %	-3.48	522.65	53.72	87.43	3.9
Common Equity, 2 Yr. CAGR %	-3.48	522.65	53.72	87.43	3.9
Cash From Operations, 2 Yr. CAGR %	177.67	140.48	-18.82	-11.55	-33.04
Levered Free Cash Flow, 2 Yr. CAGR %	101.99	-16.76	18.57	-34.24	0.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	92.02	-16.96	11.48	-35.32	1.59
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	64.09	46.71
Gross Profit, 3 Yr. CAGR %	-	-	-	64.09	46.71
EBITDA, 3 Yr. CAGR %	102.72	67.07	-34.64	-10.41	-19.86
EBITA, 3 Yr. CAGR %	101.7	65.53	-34.06	-9.95	-18.89
EBIT, 3 Yr. CAGR %	101.7	65.53	-34.06	-9.95	-18.89
Earnings From Cont. Operations, 3 Yr. CAGR %	64.18	44.25	-49.07	-21.91	2.34
Net Income, 3 Yr. CAGR %	64.18	44.25	-49.07	-21.91	2.34
Normalized Net Income, 3 Yr. CAGR %	64.18	44.25	-32.86	-10	-20.62
Diluted EPS Before Extra, 3 Yr. CAGR %	32.35	19.99	-54.74	-24.83	1.27
Net Property, Plant and Equip., 3 Yr. CAGR %	1.45	99.19	-	84.32	-2.27
Total Assets, 3 Yr. CAGR %	-8.05	-33.84	78.63	110.17	-3.5
Tangible Book Value, 3 Yr. CAGR %	3.34	19.24	269.22	85.6	11.91
Common Equity, 3 Yr. CAGR %	3.34	19.24	269.22	85.6	11.91
Cash From Operations, 3 Yr. CAGR %	98.07	97.87	55.94	-7.71	-33.5
Capital Expenditures, 3 Yr. CAGR %	-25	-	-	-	-24.32
Levered Free Cash Flow, 3 Yr. CAGR %	28.12	156.12	-38.15	21.21	-29.91
Unlevered Free Cash Flow, 3 Yr. CAGR %	36.08	142.77	-39.55	17.53	-30.86
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	209.4	-	-	-
EBITDA, 5 Yr. CAGR %	-	-	31.36	39.99	-28.19
EBITA, 5 Yr. CAGR %	72.37	49.56	31.67	39.57	-27.64
EBIT, 5 Yr. CAGR %	72.37	49.56	31.67	39.57	-27.64
Earnings From Cont. Operations, 5 Yr. CAGR %	70.68	29.89	0.51	16.82	-16.69
Net Income, 5 Yr. CAGR %	70.68	29.89	0.51	16.82	-16.69
Normalized Net Income, 5 Yr. CAGR %	63.76	29.6	18.14	27.21	-28.17
Diluted EPS Before Extra, 5 Yr. CAGR %	38.81	5.28	-13.68	3.95	-22.38
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	46.02	49.74	-
Total Assets, 5 Yr. CAGR %	8.52	-15.75	29.62	42.04	-12.74
Tangible Book Value, 5 Yr. CAGR %	45.6	19.44	21.13	42.89	122.34
Common Equity, 5 Yr. CAGR %	45.6	19.44	21.13	42.89	122.34
Cash From Operations, 5 Yr. CAGR %	48.24	60.1	38.63	43.39	11.2
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	7.13	58.22	24.22	48.68	-24.92
Unlevered Free Cash Flow, 5 Yr. CAGR %	11.03	73.46	25.65	43.03	-25.6