Complete financial analysis of Grid Metals Corp. (MSMGF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Grid Metals Corp., a leading company in the Industrial Materials industry within the Basic Materials sector.
You may be interested
- PT KMI Wire and Cable Tbk (KBLI.JK) Income Statement Analysis – Financial Results
- Formcap Corp. (FRMC) Income Statement Analysis – Financial Results
- Reklaim Ltd. (MYID.V) Income Statement Analysis – Financial Results
- American Fiber Green Products, Inc. (AFBG) Income Statement Analysis – Financial Results
- CAICA DIGITAL Inc. (2315.T) Income Statement Analysis – Financial Results
Grid Metals Corp. (MSMGF)
About Grid Metals Corp.
Grid Metals Corp. engages in exploring and developing base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium and rare metals, and platinum group metals. The company primarily focuses on the East Bull Lake Palladium Property located in Ontario. Its properties also include the Makwa-Mayville Nickel Copper PGM Cobalt Project in Manitoba; and the Bannockburn Nickel Project located in the Sudbury Mining Division, Ontario. The company was formerly known as Mustang Minerals Corp. and changed its name to Grid Metals Corp. in June 2018. The company was incorporated in 1997 and is headquartered in Toronto, 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 | 151.20K | 25.25K | 12.39K | 11.15K | 12.69K | 516.00 | 700.00 | 833.00 | 1.25K | 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 |
| Gross Profit | -151.20K | -25.25K | -12.39K | -11.15K | -12.69K | -516.00 | -700.00 | -833.00 | -1.25K | 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 |
| 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 | 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 |
| General & Administrative | 2.42M | 2.08M | 1.96M | 1.50M | 758.78K | 942.24K | 863.73K | 164.94K | 155.50K | 327.84K | 664.55K | 774.79K | 984.01K | 882.33K | 897.93K | 1.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 8.45M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 73.75K | 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 |
| SG&A | 10.86M | 2.08M | 1.96M | 1.50M | 758.78K | 942.24K | 863.73K | 164.94K | 229.25K | 327.84K | 664.55K | 774.79K | 984.01K | 882.33K | 897.93K | 1.22M | 2.03M | 771.00K | 1.31M | 3.76M | 1.67M | 746.01K | 1.05M |
| Other Expenses | -298.31K | 9.93M | 515.68K | 161.58K | 111.80K | 166.84K | 533.91K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 717.24K | 173.25K | 0.00 | 0.00 | -2.10K | 245.45K | 0.00 | 0.00 | 0.00 | 0.00 | 166.74K |
| Operating Expenses | 10.57M | 9.42M | 4.36M | 1.50M | 758.78K | 1.25M | 864.43K | 165.77K | 230.50K | 329.56K | 666.92K | 778.07K | 1.01M | 1.15M | 910.61K | 1.16M | 2.05M | 781.94K | 1.33M | 3.78M | 1.71M | 802.72K | 1.10M |
| Cost & Expenses | 10.57M | 9.44M | 4.37M | 1.51M | 771.47K | 1.25M | 864.43K | 165.77K | 230.50K | 329.56K | 666.92K | 778.07K | 1.01M | 1.15M | 910.61K | 1.16M | 2.05M | 781.94K | 1.33M | 3.78M | 1.71M | 802.72K | 1.10M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 124.11K | 430.43K | 206.12K | 14.29K | 43.29K | 94.13K | 113.55K | 66.48K | 50.75K | 69.64K | 39.40K | 43.38K | 112.39K |
| Interest Expense | 135.24K | 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 | 27.23K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 15.57K | 25.25K | 12.39K | 11.15K | 12.69K | 516.00 | 700.00 | 833.00 | 1.25K | 1.72K | 2.37K | 3.28K | 4.08K | 6.08K | 12.69K | 24.36K | 11.17K | 10.94K | 22.44K | 26.58K | 41.10K | 56.71K | 59.55K |
| EBITDA | -11.13M | -9.21M | -4.23M | -1.50M | -709.00K | -1.25M | -823.71K | -42.94K | -204.39K | -368.34K | -759.03K | -598.68K | -423.91K | -1.44M | -848.69K | -1.02M | -1.92M | -729.04K | -1.31M | -3.76M | -1.67M | -746.01K | -351.00 |
| 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 | -10.57M | -9.23M | -4.37M | -1.46M | -771.47K | -1.25M | -829.43K | -115.77K | -230.50K | -329.56K | -704.33K | -1.58M | -428.00K | -1.15M | -1.36M | -1.05M | -2.16M | -823.89K | -1.33M | -3.78M | -1.71M | -802.72K | -2.15M |
| 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 | 193.93K | 8.51M | -4.08K | 1.96M | 111.80K | 166.84K | 332.91K | -172.00K | -3.01M | 40.50K | 256.01K | 1.06M | 923.35K | 311.14K | 166.93K | 94.13K | -2.10K | 311.93K | -4.10M | 39.26K | -278.72K | -281.54K | 279.12K |
| Income Before Tax | -10.37M | 275.76K | -3.85M | -1.35M | -659.67K | -1.08M | -496.52K | -287.77K | -3.24M | -289.06K | -448.32K | -523.75K | -660.84K | -842.65K | -1.19M | -1.18M | -2.17M | -511.96K | -5.43M | -3.74M | -1.99M | -1.08M | -1.87M |
| 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 | 210.44K | -224.17K | 966.00K | -159.17K | -43.00K | -463.00K | 122.00K | -640.00K | 92.94K | -567.00K | 690.60K | -229.00K | -557.08K | -904.17K | -591.35K | -1.67M | 18.59K | -95.00K | -1.37M | -445.00K | -43.38K | -506.00K |
| Net Income | -10.37M | 275.76K | -3.85M | -2.31M | -659.67K | -1.04M | -33.52K | -287.77K | -2.60M | -382.00K | 118.68K | -1.21M | -431.84K | -285.58K | -289.19K | -584.23K | -378.74K | -530.56K | -5.33M | -2.37M | -1.54M | -1.08M | -1.36M |
| 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 | -0.06 | 0.00 | -0.04 | -0.04 | -0.02 | -0.02 | 0.00 | -0.01 | -0.10 | -0.02 | 0.01 | -0.06 | -0.03 | -0.03 | -0.04 | -0.08 | -0.06 | -0.10 | -1.20 | -0.60 | -0.66 | -0.60 | -0.78 |
| EPS Diluted | -0.06 | 0.00 | -0.04 | -0.04 | -0.02 | -0.02 | 0.00 | -0.01 | -0.10 | -0.02 | 0.01 | -0.06 | -0.03 | -0.03 | -0.04 | -0.08 | -0.06 | -0.10 | -1.20 | -0.60 | -0.66 | -0.60 | -0.78 |
| Weighted Avg Shares Out | 170.03M | 124.57M | 87.65M | 59.45M | 42.66M | 42.18M | 27.79M | 25.65M | 25.60M | 23.01M | 22.93M | 19.73M | 15.69M | 9.48M | 8.20M | 7.64M | 6.48M | 5.33M | 4.44M | 3.95M | 2.34M | 1.80M | 1.74M |
| Weighted Avg Shares Out (Dil) | 170.02M | 124.92M | 87.65M | 59.45M | 42.66M | 42.18M | 27.79M | 25.65M | 25.60M | 23.01M | 22.93M | 19.73M | 15.69M | 9.48M | 8.20M | 7.64M | 6.48M | 5.33M | 4.44M | 3.95M | 2.34M | 1.80M | 1.74M |
Grid Metals Corp. Closes Initial Tranche of Private Placement
Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, ON / ACCESSWIRE / June 1, 2021 / Grid Metals Corp. (the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce that its has closed the initial...
Grid Metals Corp. Announces Private Placement
Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, ON / ACCESSWIRE / May 12, 2021 / Grid Metals Corp. (the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce a non-brokered private placement to raise...
Grid Metals Signs Exploration Agreement With Sagkeeng First Nation in Treaty 1 Area of Eastern Manitoba
TORONTO, ON / ACCESSWIRE / April 30, 2021 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce that it has entered into a mineral exploration agreement with Sagkeeng First Nation to promote a cooperative and mutually respectful relationship and ensure...
Grid Metals Set to Drill at Bannockburn Nickel Property Completes 15 Drill Holes at East Bull Lake Palladium Property
TORONTO, ON / ACCESSWIRE / March 25, 2021 / Grid Metals Corp. (the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to provide an update on exploration activities at its East Bull Lake palladium property near Sudbury, Ontario and its Bannockburn Township nickel property...
Source: https://incomestatements.info
Category: Stock Reports