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Complete financial analysis of Tower Resources Ltd. (TWRFF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Tower Resources Ltd., a leading company in the Industrial Materials industry within the Basic Materials sector.
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Tower Resources Ltd. (TWRFF)
About Tower Resources Ltd.
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. The company primarily explores for gold, silver, and copper deposits. Its properties include the Rabbit North project that comprises 34 mineral tenures covering an area of 16,400 hectares located in the Kamloops mining division of British Columbia; the Nechako gold project, which include 10 mineral tenures totaling 2,975 hectares in the Nechako Plateau Region of central British Columbia; the Belle copper-gold porphyry project consisting of seven claims totaling 1691 hectares located in the Toodoggone district; and the More Creek project comprising 5 mineral tenures totaling 6,430 hectares situated in the Golden Triangle District of northwest British Columbia. The company was formerly known as Tower Energy Ltd. and changed its name to Tower Resources Ltd. in September 2011. Tower Resources Ltd. was incorporated in 1988 and is headquartered in Squamish, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 241.00 | 302.00 | 378.00 | 472.00 | 17.64K | 21.92K | 6.13K | 4.05K | 8.51K | 0.00 | 19.37K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -241.00 | -302.00 | -378.00 | -472.00 | -17.64K | -21.92K | -6.13K | -4.05K | -8.51K | 0.00 | -19.37K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.89K | 6.98K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 397.92K | 746.72K | 372.57K | 444.07K | 419.37K | 969.77K | 758.89K | 346.34K | 315.22K | 427.55K | 627.97K | 889.38K | 425.62K | 178.33K | 0.00 | 148.23K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 58.92K | 24.76K | 5.25K | 3.13K | 5.74K | 12.86K | 34.13K | 23.06K | 2.86K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 397.92K | 746.72K | 372.57K | 444.07K | 419.37K | 969.77K | 758.89K | 346.34K | 318.35K | 433.29K | 640.83K | 923.51K | 448.68K | 181.19K | 152.36K | 148.23K | 217.91K | 483.47K | 384.70K | 247.46K | 121.49K | 268.02K | 92.30K |
| Other Expenses | 0.00 | 394.11K | 277.22K | 0.00 | 0.00 | 0.00 | 92.70K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.19K | 36.00 | 81.97K | -240.49K | 27.44K | 2.47K | 17.23K | 0.00 | -1.80K | 0.00 | 0.00 |
| Operating Expenses | 620.81K | 746.72K | 372.57K | 444.07K | 420.88K | 971.42K | 749.01K | 353.32K | 326.86K | 445.53K | 662.30K | 940.05K | 451.64K | 182.18K | 152.46K | 443.48K | 220.48K | 486.42K | 386.60K | 248.42K | 121.81K | 268.47K | 92.57K |
| Cost & Expenses | 620.81K | 747.03K | 372.95K | 444.54K | 438.52K | 993.34K | 755.14K | 357.37K | 326.86K | 445.53K | 662.30K | 940.05K | 451.64K | 182.18K | 152.46K | 443.48K | 220.48K | 486.42K | 386.60K | 248.42K | 121.81K | 268.47K | 92.57K |
| Interest Income | 3.48K | 749.00 | 1.71K | 2.10K | 17.97K | 6.05K | 0.00 | 0.00 | 1.81K | 6.55K | 27.51K | 25.10K | 22.89K | 2.67K | 206.00 | 67.15K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 160.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 241.00 | 302.00 | 378.00 | 472.00 | 19.15K | 23.57K | 6.13K | 4.05K | 8.51K | 12.24K | 21.47K | 16.54K | 2.96K | 988.00 | 102.00 | 146.00 | 2.58K | 2.95K | 1.90K | 958.00 | 320.00 | 457.00 | 269.00 |
| EBITDA | -623.25K | -686.88K | -388.38K | -446.05K | -155.43K | -907.67K | -674.55K | 2.19M | -310.03K | 239.08K | -645.93K | -1.05M | -448.68K | 716.17K | -142.36K | -443.33K | 106.70K | -426.69K | -200.50K | -245.35K | 876.68K | -210.44K | -92.30K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -620.81K | -746.46K | -388.75K | -446.53K | -173.07K | -1.01M | -755.14K | 2.19M | -326.86K | -445.53K | -662.30K | -941.13K | -451.64K | -1.08M | -142.47K | -443.48K | -545.09K | -543.19K | -570.80K | -250.54K | -1.12M | -326.05K | -92.57K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 360.87K | 361.03K | 279.86K | -12.90K | -295.27K | -51.95K | 21.07K | -2.56M | -23.12K | -696.83K | 353.67K | 153.77K | 9.19K | -897.32K | 71.98K | -240.49K | 85.21K | 1.08M | -166.98K | -2.12K | -999.97K | -57.57K | 0.00 |
| Income Before Tax | -259.94K | -352.73K | -78.21K | -440.46K | -686.01K | -972.63K | -662.44K | -2.90M | -328.97K | -1.11M | -308.63K | -787.36K | -442.45K | -1.98M | -70.49K | -683.97K | -459.87K | 533.59K | -737.78K | -252.65K | -2.12M | -383.62K | 0.00 |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | -187.00 | -17.52K | -4.08K | 247.49K | -20.71K | 0.00 | 2.54M | 2.11K | 665.82K | -353.67K | -152.69K | -22.89K | 1.14M | 173.74K | -413.68K | 266.84K | -161.00K | 193.49K | 1.54K | 987.09K | 54.09K | -28.00 |
| Net Income | -259.94K | -352.73K | -78.21K | -440.46K | -686.01K | -972.63K | -662.44K | -2.90M | -328.97K | -1.11M | -308.63K | -787.36K | -419.56K | -1.32M | -244.23K | -270.30K | -459.87K | -372.60K | -562.87K | -249.97K | -1.11M | -322.56K | -92.54K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.01 | -0.06 | -0.01 | -0.03 | -0.01 | -0.03 | -0.02 | -0.11 | -0.04 | -0.04 | -0.07 | -0.06 | -0.12 | -0.07 | -0.36 | -0.14 | -0.09 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.01 | -0.06 | -0.01 | -0.03 | -0.01 | -0.03 | -0.02 | -0.11 | -0.04 | -0.04 | -0.07 | -0.06 | -0.12 | -0.07 | -0.36 | -0.14 | -0.09 |
| Weighted Avg Shares Out | 142.59M | 133.86M | 123.44M | 108.06M | 98.36M | 90.74M | 79.16M | 51.72M | 49.38M | 42.62M | 32.94M | 26.48M | 22.40M | 12.42M | 6.69M | 6.69M | 6.69M | 6.21M | 4.69M | 3.42M | 3.06M | 2.29M | 1.09M |
| Weighted Avg Shares Out (Dil) | 142.58M | 133.86M | 123.44M | 108.06M | 98.36M | 90.74M | 79.16M | 51.72M | 49.38M | 42.62M | 32.94M | 26.48M | 22.40M | 12.42M | 6.69M | 6.69M | 6.69M | 6.21M | 4.69M | 3.60M | 3.06M | 2.29M | 1.09M |
Tower Announces Private Placement, Grant of Equity Incentives and Advertising Services Agreement
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") announces it intends to complete a non-brokered flow-through private placement offering for aggregate gross proceeds of $800,000 (the "Offering").
Tower Resources raise extra funds as shares in demand after October funding
Tower Resources PLC (AIM:TRP) has raised £275,000 of additional capital, issuing further new shares in response to investor demand. The latest share subscription – some 1.01 billion shares priced at 0.027p each, a 3.6% discount – comes after a successful...
Tower Resources advances Cameroon farm-out, announces placing to support NJOM well prep
Tower Resources PLC (AIM:TRP) told investors its progressing with its proposed farm-out, to an undisclosed potential partner, and said it expects the deal will deliver more than $14 million for the planned well programme. The NJOM-3 well programme, in Cameroon, which...
Tower Resources Commences Fall Drill Program
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") has successfully embarked on a follow-up drilling program at the Rabbit North property, building on the results from hole RN24-051(reported on 09/26/2024)...
Tower Resources is confident as it counts down to NJOM farm-out deal, eyes ‘early 2025' spud
Tower Resources PLC (AIM:TRP) is now entering the final countdown to its hotly anticipated funding deal, to allow its drilling of the NJOM-3 well in Cameroon. The company, in its interim results statement out today, told investors it has a...
Tower Resources set to extend Namibian licence
Tower Resources PLC (AIM:TRP) has announced an extension of its Initial Exploration Period for its PEL 96 license, offshore Namibia. The company, in a statement, noted that the initial exploration period of the licence will move out until the end...
Tower Resources gets working capital injection as CEO invests
Tower Resources PLC (AIM:TRP) has notified investors of a £137,500 investment in the company, including its chief executive Jeremy Asher. Via subscription some 1.195 million shares priced at 0.0115p, a 4% discount, are being bought by Asher and another investor.
Tower Resources highlights progress in Cameroon and Namibia in full-year results
Tower Resources PLC (AIM:TRP), the Africa-focused energy company, highlighted key operational updates in Cameroon and Namibia in its full-year results for the 12 months ending 31 December. In Cameroon, Tower Resources has applied for a one-year extension of the initial...
Tower Resources Namibia potential in the spotlight as Chevron deals into Walvis
Namibia's oil boom has this week moved closer to home for AIM-quoted explorer Tower Resources PLC (AIM:TRP), as US major Chevron agreed a deal to take control of an offshore block in the Walvis basin. Attentions have mainly been on...
Source: https://incomestatements.info
Category: Stock Reports