Cash flow Magnetic North Acquisition Corp.

Equities

MNC

CA55948L1022

Investment Management & Fund Operators

Delayed Toronto S.E. Other stock markets 14:30:00 02/07/2025 BST			5-day change	1st Jan Change
0.0750 ^CAD	-6.25%		-.--%	-21.05%

05-16	Magnetic North Acquisition Corp. Announces An Initial Closing Of The Non-Brokered Private Placement	RE
05-13	Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement Of Up To CDN$500,000	RE

721d146ee2.qUtNVdCPWtyojFHuU_CBdW6pUUkwlrKYDeMSVbRqzCQ.0QR8E7-7C7SF9QGKGJbwPgXgHQ1b2uvqTKl0H-0euWDuewIUgfc9m-TAPg

Published financial data: MAGNETIC NORTH ACQUISITION CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	-	-	-	-	880K
Gain (Loss) on Sale of Investment, Total (Rev)	-	-	-	-4.26M	-
Total Revenues	-	-	-	-4.26M	880K
Gross Profit	-	-	-	-4.26M	880K
Selling General & Admin Expenses, Total	199K	2.66M	1.08M	1.02M	1.18M
Exploration / Drilling Costs, Total	20.6K	-40.77K	11.65K	26.06K	497K
Provision for Bad Debts	-	609K	-	71.38K	45.05K
Stock-Based Compensation (IS)	-	6.81M	1.11M	480K	87.12K
Depreciation & Amortization - (IS)	-	351K	1.71K	2.89K	-
Other Operating Expenses, Total	219K	10.39M	2.2M	1.6M	1.81M
Operating Income	-219K	-10.39M	-2.2M	-5.86M	-929K
Interest Expense, Total	-	-	-	-	-477K
Interest And Investment Income	5.87K	63.06K	3.86K	5.77K	-
Net Interest Expenses	5.87K	63.06K	3.86K	5.77K	-477K
Other Non Operating Income (Expenses)	-4.79K	-43.9K	-716	-760	-760
EBT, Excl. Unusual Items	-218K	-10.37M	-2.2M	-5.85M	-1.41M
Gain (Loss) On Sale Of Investments	-	-453K	-910K	-	-
Other Unusual Items	-1.25M	-364K	-	-	-
EBT, Incl. Unusual Items	-1.47M	-11.18M	-3.11M	-5.85M	-1.41M
Earnings From Continuing Operations	-1.47M	-11.18M	-3.11M	-5.85M	-1.41M
Net Income to Company	-1.47M	-11.18M	-3.11M	-5.85M	-1.41M
Net Income - (IS)	-1.47M	-11.18M	-3.11M	-5.85M	-1.41M
Net Income to Common Incl Extra Items	-1.47M	-11.18M	-3.11M	-5.85M	-1.41M
Net Income to Common Excl. Extra Items	-1.47M	-11.18M	-3.11M	-5.85M	-1.41M
Per Share Items
Net EPS - Basic	-0.16	-0.19	-0.05	-0.1	-0.02
Basic EPS - Continuing Operations	-0.16	-0.19	-0.05	-0.1	-0.02
Basic Weighted Average Shares Outstanding	9.07M	59.05M	59.09M	59.1M	59.1M
Net EPS - Diluted	-0.16	-0.19	-0.05	-0.1	-0.02
Diluted EPS - Continuing Operations	-0.16	-0.19	-0.05	-0.1	-0.02
Diluted Weighted Average Shares Outstanding	9.07M	59.05M	59.09M	59.1M	59.1M
Normalized Basic EPS	-0.02	-0.11	-0.02	-0.06	-0.01
Normalized Diluted EPS	-0.02	-0.11	-0.02	-0.06	-0.01
Supplemental Items
EBITDA	-214K	-10.22M	-2.2M	-5.85M	-928K
EBITA	-214K	-10.38M	-2.2M	-5.86M	-928K
EBIT	-219K	-10.39M	-2.2M	-5.86M	-929K
Total Revenues (As Reported)	-	-	-	-4.26M	880K
Normalized Net Income	-136K	-6.48M	-1.37M	-3.66M	-880K
Interest on Long-Term Debt	-	47.74K	-	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	-	-	-	1.02M	1.18M
Research And Development Expense From Footnotes	-	638K	-	-	-
Exploration/Drilling Costs	20.6K	-50.96K	11.65K	26.06K	497K
Stock-Based Comp., Other (Total)	-	6.81M	1.11M	480K	87.12K
Total Stock-Based Compensation	-	6.81M	1.11M	480K	87.12K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.43M	124K	38	13.57K	6.98K
Short Term Investments	22.79K	60.22K	27.4K	-	-
Total Cash And Short Term Investments	1.45M	184K	27.44K	13.57K	6.98K
Accounts Receivable, Total	-	-	-	29.89K	4.88K
Other Receivables	16.67K	292K	17.98K	-	-
Total Receivables	16.67K	292K	17.98K	29.89K	4.88K
Inventory	-	2.04M	-	-	-
Prepaid Expenses	12.66K	44.52K	24.6K	1.4K	424K
Restricted Cash	-	-	-	-	13.23M
Other Current Assets, Total	405K	300K	601K	195K	27.4K
Total Current Assets	1.89M	2.86M	671K	240K	13.69M
Gross Property Plant And Equipment	430K	6.57M	435K	498K	5
Accumulated Depreciation	-430K	-791K	-432K	-498K	-
Net Property Plant And Equipment	5	5.77M	2.9K	5	5
Long-term Investments	-	-	4.26M	-	-
Other Long-Term Assets, Total	301K	497K	309K	314K	331K
Total Assets	2.19M	9.13M	5.24M	554K	14.02M
Liabilities
Accounts Payable, Total	115K	365K	414K	395K	662K
Accrued Expenses, Total	197K	323K	191K	414K	265K
Short-term Borrowings	38.22K	177K	177K	177K	13.57M
Current Portion of Leases	-	662K	-	-	-
Other Current Liabilities	-	-	320K	440K	727K
Total Current Liabilities	350K	1.53M	1.1M	1.42M	15.23M
Long-Term Debt	1.82M	16.04M	17.04M	17.4M	-
Long-Term Leases	-	793K	-	-	-
Other Non Current Liabilities	267K	191K	183K	195K	660K
Total Liabilities	2.44M	18.56M	18.33M	19.02M	15.89M
Preferred Stock Redeemable	-	-	-	-	16.47M
Total Preferred Equity	-	-	-	-	16.47M
Common Stock, Total	25.26M	29.05M	29.08M	29.08M	29.08M
Additional Paid In Capital	2.07M	2.92M	3.28M	3.56M	3.64M
Retained Earnings	-27.58M	-41.56M	-46.35M	-52.2M	-52.71M
Comprehensive Income and Other	-	164K	894K	1.09M	1.65M
Total Common Equity	-249K	-9.43M	-13.09M	-18.47M	-18.34M
Total Equity	-249K	-9.43M	-13.09M	-18.47M	-1.87M
Total Liabilities And Equity	2.19M	9.13M	5.24M	554K	14.02M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	25.61M	59.05M	59.1M	59.1M	59.1M
ECS Total Common Shares Outstanding	25.61M	59.05M	59.1M	59.1M	59.1M
Book Value / Share	-0.01	-0.16	-0.22	-0.31	-0.31
Tangible Book Value	-249K	-9.43M	-13.09M	-18.47M	-18.34M
Tangible Book Value Per Share	-0.01	-0.16	-0.22	-0.31	-0.31
Total Debt	1.86M	17.68M	17.22M	17.58M	13.57M
Net Debt	406K	17.49M	17.19M	17.57M	13.57M
Account Code - Inventory Valuation	-	-	3	-	3
Buildings, Total	106K	106K	106K	106K	-
Machinery, Total	108K	4.43M	113K	113K	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-1.47M	-11.18M	-3.11M	-5.85M	-1.41M
Depreciation & Amortization - CF	460	351K	1.71K	2.89K	-
Amortization of Goodwill and Intangible Assets - (CF)	4.79K	5.7K	716	760	760
Depreciation & Amortization, Total	5.25K	356K	2.43K	3.65K	760
(Gain) Loss on Sale of Investments - (CF)	-	334K	910K	4.26M	-
Provision for Credit Losses	-	556K	-	-	-
Stock-Based Compensation (CF)	-	6.49M	1.11M	480K	87.12K
Provision and Write-off of Bad Debts	-	-	-	71.38K	45.05K
Other Operating Activities, Total	1.25M	53.36K	-9.01K	11.6K	940K
Change In Accounts Receivable	-14.8K	-273K	115K	-11.91K	25.01K
Change In Accounts Payable	189K	796K	507K	324K	-314K
Change in Other Net Operating Assets	-390K	-98.06K	6.32K	17.45K	-423K
Cash from Operations	-428K	-2.97M	-470K	-695K	-1.05M
Capital Expenditure	-	-889K	-	-	-
Investment in Marketable and Equity Securities, Total	-1.25M	-364K	-579K	363K	819K
Other Investing Activities, Total	-5.71K	-	-	-	-
Cash from Investing	-1.26M	-1.25M	-579K	363K	819K
Short Term Debt Issued, Total	53.22K	-	-	-	13.45M
Total Debt Issued	53.22K	-	-	-	13.45M
Short Term Debt Repaid, Total	-	-38.22K	-	-	-
Long-Term Debt Repaid, Total	-	-143K	-	-	-
Total Debt Repaid	-	-145K	-	-	-
Issuance of Common Stock	1.25M	-	38.24K	-	-
Issuance of Preferred Stock	1.85M	3.89M	1M	360K	-
Other Financing Activities, Total	-49.92K	-570K	-15.75K	-14K	-
Cash from Financing	3.11M	3.17M	1.02M	346K	13.45M
Net Change in Cash	1.42M	-1.04M	-25.96K	13.53K	13.22M
Supplemental Items
Levered Free Cash Flow	-	-	-236K	-2.41M	-13.91M
Unlevered Free Cash Flow	-	-	-236K	-2.41M	-13.61M
Change In Net Working Capital	-	-	-30.8K	-769K	13.12M
Net Debt Issued / Repaid	53.22K	-145K	-	-	13.45M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-	-	-25.11	-126.28	-7.97
Return on Total Capital	-	-	-29.76	-225.43	-10.8
Return On Equity %	-	-	25.71	37.08	93.8
Return on Common Equity	-	-	25.71	37.08	7.83
Margin Analysis
Gross Profit Margin %	-	-	-	100	100
SG&A Margin	-	-	-	-23.85	134.1
EBITDA Margin %	-	-	-	137.4	-105.5
EBITA Margin %	-	-	-	137.47	-105.5
EBIT Margin %	-	-	-	137.48	-105.59
Income From Continuing Operations Margin %	-	-	-	137.37	-159.92
Net Income Margin %	-	-	-	137.37	-159.92
Net Avail. For Common Margin %	-	-	-	137.37	-159.92
Normalized Net Income Margin	-	-	-	85.85	-99.95
Levered Free Cash Flow Margin	-	-	-	56.51	-1.58K
Unlevered Free Cash Flow Margin	-	-	-	56.51	-1.55K
Asset Turnover
Asset Turnover	-	-	-	-1.47	0.12
Fixed Assets Turnover	-	-	-	-2.94K	176K
Receivables Turnover (Average Receivables)	-	-	-	-	50.61
Short Term Liquidity
Current Ratio	5.39	1.87	0.61	0.17	0.9
Quick Ratio	4.2	0.31	0.04	0.03	0
Operating Cash Flow to Current Liabilities	-1.22	-1.94	-0.43	-0.49	-0.07
Days Sales Outstanding (Average Receivables)	-	-	-	-	7.21
Long Term Solvency
Total Debt/Equity	-747.53	-187.49	-131.6	-95.19	-726.84
Total Debt / Total Capital	115.44	214.3	416.42	-1.98K	115.95
LT Debt/Equity	-732.16	-178.59	-130.25	-94.23	-
Long-Term Debt / Total Capital	113.07	204.13	412.14	-1.96K	-
Total Liabilities / Total Assets	111.36	203.29	349.62	3.43K	113.32
EBIT / Interest Expense	-	-	-	-	-1.95
EBITDA / Interest Expense	-	-	-	-	-1.94
(EBITDA - Capex) / Interest Expense	-	-	-	-	-1.94
Total Debt / EBITDA	-8.68	-1.76	-7.83	-3	-14.62
Net Debt / EBITDA	-1.9	-1.74	-7.82	-3	-14.61
Total Debt / (EBITDA - Capex)	-8.68	-1.62	-7.83	-3	-14.62
Net Debt / (EBITDA - Capex)	-1.9	-1.6	-7.82	-3	-14.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-	367.91	-120.66
Gross Profit, 1 Yr. Growth %	-	-	-	367.91	-120.66
EBITDA, 1 Yr. Growth %	-	-	-54.47	88.16	-83.71
EBITA, 1 Yr. Growth %	-	-	-54.43	88.15	-83.72
EBIT, 1 Yr. Growth %	-	-	-54.47	88.13	-83.71
Earnings From Cont. Operations, 1 Yr. Growth %	-	-	-75.18	88.16	-75.3
Net Income, 1 Yr. Growth %	-	-	-75.18	88.16	-75.3
Normalized Net Income, 1 Yr. Growth %	-	-	-53.99	88.16	-75.3
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-75.19	88.13	-75.3
Accounts Receivable, 1 Yr. Growth %	-	-	-	66.27	-83.66
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-37.14	-99.83	0
Total Assets, 1 Yr. Growth %	-	-	-8.39	-89.43	2.43K
Tangible Book Value, 1 Yr. Growth %	-	-	17.82	41.15	4.17
Common Equity, 1 Yr. Growth %	-	-	17.82	41.15	4.17
Cash From Operations, 1 Yr. Growth %	-	-	-66.55	47.95	50.45
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	189.21	467.3
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	189.21	455.13
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	-	-1.68
Gross Profit, 2 Yr. CAGR %	-	-	-	-	-1.68
EBITDA, 2 Yr. CAGR %	-	-	-	10.06	-45.36
EBITA, 2 Yr. CAGR %	-	-	-	10.08	-45.38
EBIT, 2 Yr. CAGR %	-	-	-	10.02	-45.36
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-	-31.66	-32.73
Net Income, 2 Yr. CAGR %	-	-	-	-31.66	-32.73
Normalized Net Income, 2 Yr. CAGR %	-	-	-	10.63	-32.73
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-31.68	-32.73
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-47.87
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	-96.71	-95.85
Total Assets, 2 Yr. CAGR %	-	-	-	-68.88	63.54
Tangible Book Value, 2 Yr. CAGR %	-	-	-	28.96	18.37
Common Equity, 2 Yr. CAGR %	-	-	-	28.96	18.37
Cash From Operations, 2 Yr. CAGR %	-	-	-	-29.65	49.2
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	308.84
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	304.43
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	-	-	-	-	-42.29
EBITA, 3 Yr. CAGR %	-	-	-	-	-42.3
EBIT, 3 Yr. CAGR %	-	-	-	-	-42.3
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-	-51.75
Net Income, 3 Yr. CAGR %	-	-	-	-	-51.75
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-	-33.47
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	-51.76
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	-89.73
Total Assets, 3 Yr. CAGR %	-	-	-	-	34.81
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-	18.19
Common Equity, 3 Yr. CAGR %	-	-	-	-	18.19
Cash From Operations, 3 Yr. CAGR %	-	-	-	-	-9.37