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Complete financial analysis of Ultra Lithium Inc. (ULTXF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ultra Lithium Inc., a leading company in the Industrial Materials industry within the Basic Materials sector.
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Ultra Lithium Inc. (ULTXF)
About Ultra Lithium Inc.
Ultra Lithium Inc., a mineral exploration company, focuses on the development of advanced lithium and gold projects in Argentina, Canada, and the United States. It holds two types of lithium projects and 16 gold mining and exploration licences. The company focuses on Laguna Verde I Brine lithium property and Laguna Verde II Brine lithium property located in Argentina; and 13 gold mining licenses and three gold exploration licences situated in the Chepes area, Argentina, as well as Georgia Lake Pegmatites lithium project and Forgan Lake Pegmatites lithium project located in Ontario, Canada. The company was formerly known as Ultra Resources Inc. and changed its name to Ultra Lithium Inc. in January 2022. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 3.25K | 0.00 | 0.00 | 0.00 | 0.00 | 295.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -3.25K | 0.00 | 0.00 | 0.00 | 0.00 | -295.00 | 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% |
| 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 |
| General & Administrative | 944.58K | 1.70M | 648.88K | 462.84K | 526.02K | 639.24K | 700.21K | 690.13K | 481.15K | 733.88K | 957.04K | 491.27K | 661.36K | 388.79K | 492.42K | 393.98K | 272.50K | 0.00 |
| Selling & Marketing | 159.22K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 64.94K | 35.29K | 53.55K | 81.24K | 155.54K | 91.75K | 257.96K | 24.34K | 25.16K | 0.00 | 600.00 | 0.00 |
| SG&A | 1.10M | 1.70M | 648.88K | 462.84K | 526.02K | 639.24K | 765.14K | 725.42K | 534.70K | 815.12K | 1.11M | 583.01K | 919.32K | 413.13K | 517.58K | 393.98K | 273.10K | 241.53K |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 20.16K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -881.00 | 824.00 | 23.96K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 2.62M | 1.71M | 682.64K | 512.41K | 536.52K | 670.69K | 1.00M | 734.20K | 535.00K | 816.03K | 1.11M | 583.81K | 919.65K | 413.42K | 517.99K | 394.57K | 693.81K | 242.73K |
| Cost & Expenses | 2.62M | 1.71M | 682.64K | 515.66K | 536.52K | 670.69K | 1.00M | 734.20K | 535.00K | 816.03K | 1.11M | 583.81K | 919.65K | 413.42K | 517.99K | 394.57K | 693.81K | 242.73K |
| Interest Income | 584.00 | 73.69K | 0.00 | 6.94K | 8.86K | 7.20K | 85.00 | 25.00 | 4.54K | 9.87K | 23.46K | 87.00 | 2.32K | 1.22K | 4.96K | 7.93K | 8.54K | 7.52K |
| Interest Expense | 34.58K | 5.29K | 5.28K | 4.99K | 5.10K | 10.49K | 5.55K | 5.05K | 6.71K | 11.61K | 9.35K | 3.75K | 3.68K | 1.45K | 653.00 | 801.00 | 84.00 | 169.00 |
| Depreciation & Amortization | 819.37K | 22.77K | 22.77K | 3.25K | 954.16K | 233.28K | 960.36K | 3.54M | 295.00 | 911.00 | 1.11K | 792.00 | 337.00 | 286.00 | 410.00 | 586.00 | 836.00 | 1.20K |
| EBITDA | -1.10M | -1.63M | -682.64K | -505.47K | -527.67K | -663.49K | -1.00M | -734.17K | -530.16K | -805.25K | -1.09M | -582.93K | -694.47K | -413.13K | -490.58K | -393.98K | -692.97K | -241.53K |
| 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% |
| Operating Income | -1.92M | -1.63M | -682.64K | -508.72K | -527.67K | -663.49K | -1.00M | -734.20K | -535.00K | -816.03K | -1.11M | -587.55K | -923.33K | -414.87K | -518.64K | -395.37K | -693.81K | -242.73K |
| 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% |
| Total Other Income/Expenses | -698.25K | 165.20K | -84.11K | 13.97K | -1.38M | 321.81K | -962.41K | -39.24K | -3.61M | -652.18K | 133.84K | -57.24K | -230.54K | 824.00 | -3.04K | 0.00 | -411.33K | 7.35K |
| Income Before Tax | -2.62M | -1.46M | -742.65K | -469.03K | -1.91M | -519.03K | -1.96M | -773.43K | -4.15M | -1.47M | -979.85K | -641.04K | -1.15M | -414.05K | -521.68K | 0.00 | -685.35K | -235.38K |
| 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% |
| Income Tax Expense | 2.65K | 247.73K | 5.26K | 4.99K | 4.14K | 10.25K | 5.47K | 5.03K | 6.71K | 11.61K | 9.35K | 3.75K | 226.20K | 237.00 | 22.69K | -7.13K | -428.33K | -64.12K |
| Net Income | -2.62M | -1.71M | -742.65K | -469.03K | -1.91M | -519.03K | -1.96M | -773.43K | -4.15M | -1.47M | -979.85K | -641.04K | -1.15M | -412.83K | -516.72K | -387.44K | -685.35K | -171.26K |
| 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% |
| EPS | -0.02 | -0.01 | -0.01 | 0.00 | -0.02 | -0.01 | -0.03 | -0.02 | -0.18 | -0.07 | -0.06 | -0.06 | -0.13 | -0.05 | -0.07 | -0.06 | -0.10 | -0.03 |
| EPS Diluted | -0.02 | -0.01 | -0.01 | 0.00 | -0.02 | -0.01 | -0.03 | -0.02 | -0.18 | -0.07 | -0.06 | -0.06 | -0.13 | -0.05 | -0.07 | -0.06 | -0.10 | -0.03 |
| Weighted Avg Shares Out | 173.50M | 144.55M | 102.57M | 95.87M | 82.36M | 69.83M | 63.56M | 43.00M | 23.26M | 21.50M | 17.18M | 9.93M | 9.14M | 7.70M | 7.23M | 6.83M | 6.60M | 6.00M |
| Weighted Avg Shares Out (Dil) | 173.49M | 144.55M | 102.57M | 95.87M | 82.36M | 69.83M | 63.56M | 43.00M | 23.26M | 21.50M | 17.18M | 9.93M | 9.14M | 7.70M | 7.23M | 6.83M | 6.60M | 6.00M |
Ultra Lithium appoints Kiki Smith and Graham Adria to its board of directors
Ultra Lithium Inc has announced that Kiki Smith and Graham Adria have been appointed to the company's board of directors. The exploration and development company said Adria has extensive experience as a corporate lawyer, while Smith has over 20 years...
Ultra Lithium Inc. Appoints Directors
VANCOUVER, British Columbia, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that Kiki Smith and Graham Adria have been appoint to the Company's board of directors.
Ultra Lithium Inc. Closes Private Placement
VANCOUVER, British Columbia, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that it has closed a non-brokered private placement issuing 3,636,364 Units at a price of...
Great Power Unveils 320 Ultra Lithium-Ion Battery Cell
Latest-generation 1024 Wh battery offers a nearly 15% increase in energy density for stationary storage, C&I applications, and economy passenger and commercial EVs Latest-generation 1024 Wh battery offers a nearly 15% increase in energy density for stationary storage, C&I applications,...
CORRECTING and REPLACING - Ultra Lithium Inc. Closes Private Placement
VANCOUVER, British Columbia, Aug. 14, 2023 (GLOBE NEWSWIRE) -- In a news release issued Friday, August 11, 2023, by Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) under the same headline, please note the Warrant Share price in the second paragraph should...
Ultra Lithium Inc. Closes Private Placement
VANCOUVER, British Columbia, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that it has closed a non-brokered private placement issuing 18,181,819 Units at a price of...
Ultra Lithium to sell its Laguna Verde project in Argentina to Power Minerals
Ultra Lithium Inc announced that it has signed a binding term sheet to sell its Laguna Verde lithium-brine project in Argentina to Australian Stock Exchange listed Power Minerals Limited, in consideration for up to 50 million Power Minerals shares. The...
Ultra Lithium's Forgan Lake assays validate near-surface, high-grade lithium mineralization
Ultra Lithium Inc has announced assays for the first batch of channel sampling completed during fourth-quarter exploration work at its Forgan Lake Lithium Property in Ontario. The channel sampling was completed at the Number 1 Pegmatite and other pegmatites on...
Ultra Lithium unveils brine sampling results showing "great potential" at the Laguna Verde project in Argentina
Ultra Lithium Inc. (TSX-V:ULI, OTCQB:ULTXF) unveiled brine sampling results from a drill hole at its 100% owned Laguna Verde brine lithium project in Catamarca Province, Argentina. Drill hole LV22-04 assayed up to 417 parts per million (ppm) lithium from two...
Ultra Lithium says drilling at Forgan Lake lithium project intersected 2.68% lithium oxide
Ultra Lithium Inc. (TSX-V:ULI, OTCQB:ULTXF) said drilling results from its 100%-owned Forgan Lake lithium property in northwestern Ontario, Canada, have demonstrated near-surface, high-value lithium. The company said the results of four drill holes intersected lithium pegmatites of various widths.
Source: https://incomestatements.info
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