Income Statement Seasif Exploration Inc.

Stocks

SAF.H

CA8125391042

Gold

Market Closed - Toronto S.E. 18:45:59 04/09/2026 +04			5-day change	1st Jan Change
0.005000 ^CAD	0.00%		0.00%	-75.00%

08-29	Seasif Exploration Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-30	Seasif Exploration Inc. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: SEASIF EXPLORATION INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Cost of Goods Sold, Total	157K	216K	59.95K	10.73K	28.8K
Gross Profit	-157K	-216K	-59.95K	-10.73K	-28.8K
Selling General & Admin Expenses, Total	483K	570K	524K	392K	184K
Stock-Based Compensation (IS)	-	288K	77.73K	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	4.95M	-
Other Operating Expenses, Total	483K	857K	602K	5.34M	184K
Operating Income	-640K	-1.07M	-662K	-5.35M	-213K
Currency Exchange Gains (Loss)	-1K	-1.52K	-534	-31	-3
Other Non Operating Income (Expenses)	-27.04K	-78.28K	-13.03K	-1.86K	-11.43K
EBT, Excl. Unusual Items	-668K	-1.15M	-675K	-5.36M	-225K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-668K	-1.15M	-675K	-5.36M	-225K
Earnings From Continuing Operations	-668K	-1.15M	-675K	-5.36M	-225K
Net Income to Company	-668K	-1.15M	-675K	-5.36M	-225K
Net Income - (IS)	-668K	-1.15M	-675K	-5.36M	-225K
Net Income to Common Incl Extra Items	-668K	-1.15M	-675K	-5.36M	-225K
Net Income to Common Excl. Extra Items	-668K	-1.15M	-675K	-5.36M	-225K
Per Share Items
Net EPS - Basic	-0.01	-0.01	-0.01	-0.04	-0
Basic EPS - Continuing Operations	-0.01	-0.01	-0.01	-0.04	-0
Basic Weighted Average Shares Outstanding	116M	117M	118M	121M	123M
Net EPS - Diluted	-0.01	-0.01	-0.01	-0.04	-0
Diluted EPS - Continuing Operations	-0.01	-0.01	-0.01	-0.04	-0
Diluted Weighted Average Shares Outstanding	116M	117M	118M	121M	123M
Normalized Basic EPS	-0	-0.01	-0	-0.03	-0
Normalized Diluted EPS	-0	-0.01	-0	-0.03	-0
Supplemental Items
EBITDA	-	-	-	-403K	4.74M
EBITA	-640K	-1.07M	-662K	-5.35M	-213K
EBIT	-640K	-1.07M	-662K	-5.35M	-213K
Normalized Net Income	-417K	-720K	-422K	-3.35M	-140K
Supplemental Operating Expense Items
General and Administrative Expenses	350K	442K	397K	90.35K	81.2K
Stock-Based Comp., Other (Total)	-	288K	77.73K	-	-
Total Stock-Based Compensation	-	288K	77.73K	-	-

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	1.17M	262K	45.66K	67.38K	52.44K
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	1.17M	262K	45.66K	67.38K	52.44K
Other Receivables	6.69K	24.4K	1.52K	-	-
Total Receivables	6.69K	24.4K	1.52K	-	-
Prepaid Expenses	32.59K	24.84K	10.12K	11.99K	-
Total Current Assets	1.2M	311K	57.3K	79.36K	52.44K
Gross Property Plant And Equipment	4.88M	4.92M	4.94M	-	-
Net Property Plant And Equipment	4.88M	4.92M	4.94M	-	-
Total Assets	6.09M	5.23M	5M	79.36K	52.44K
Liabilities
Accounts Payable, Total	31.61K	39.34K	140K	147K	105K
Accrued Expenses, Total	-	-	265K	542K	658K
Short-term Borrowings	-	-	-	125K	129K
Total Current Liabilities	31.61K	39.34K	405K	814K	891K
Total Liabilities	31.61K	39.34K	405K	814K	891K
Common Stock, Total	9.66M	9.76M	9.76M	9.86M	9.98M
Retained Earnings	-4.22M	-5.37M	-6.05M	-11.4M	-11.63M
Comprehensive Income and Other	611K	800K	872K	806K	806K
Total Common Equity	6.05M	5.19M	4.59M	-734K	-839K
Total Equity	6.05M	5.19M	4.59M	-734K	-839K
Total Liabilities And Equity	6.09M	5.23M	5M	79.36K	52.44K
Supplemental Items
ECS Total Shares Outstanding on Filing Date	118M	118M	121M	123M	145M
ECS Total Common Shares Outstanding	116M	118M	118M	123M	129M
Book Value / Share	0.05	0.04	0.04	-0.01	-0.01
Tangible Book Value	6.05M	5.19M	4.59M	-734K	-839K
Tangible Book Value Per Share	0.05	0.04	0.04	-0.01	-0.01
Total Debt	0	0	0	125K	129K
Net Debt	-1.17M	-262K	-45.66K	57.82K	76.13K
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	-668K	-1.15M	-675K	-5.36M	-225K
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	4.95M	-
Depreciation & Amortization, Total	-	-	-	4.95M	-
Stock-Based Compensation (CF)	-	288K	77.73K	-	-
Other Operating Activities, Total	-	-	-	-	3.38K
Change In Accounts Receivable	7.79K	-17.71K	22.88K	1.52K	-
Change In Accounts Payable	7.94K	7.73K	96.54K	1.24K	1.52K
Change in Other Net Operating Assets	52.72K	7.76K	279K	276K	84.77K
Cash from Operations	-599K	-867K	-199K	-126K	-135K
Capital Expenditure	-717K	-36.67K	-17.25K	-6.42K	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Cash from Investing	-717K	-36.67K	-17.25K	-6.42K	-
Long-Term Debt Issued, Total	-	-	-	154K	-
Total Debt Issued	-	-	-	154K	-
Issuance of Common Stock	21.5K	-	-	-	120K
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	21.5K	-	-	154K	120K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-1.29M	-904K	-216K	21.72K	-14.93K
Supplemental Items
Levered Free Cash Flow	-1.05M	-422K	50.11K	1.88M	-46.94K
Unlevered Free Cash Flow	-1.05M	-422K	50.11K	1.88M	-46.94K
Change In Net Working Capital	-66.2K	2.23K	-403K	-283K	-86.29K
Net Debt Issued / Repaid	-	-	-	154K	-

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	-6.24	-11.85	-8.09	-131.85	-202.17
Return on Total Capital	-6.27	-11.93	-8.46	-168.06	20.19
Return On Equity %	-10.47	-20.5	-13.81	-277.71	28.55
Return on Common Equity	-10.47	-20.5	-13.81	-277.71	28.55
Short Term Liquidity
Current Ratio	38.12	7.9	0.14	0.1	0.06
Quick Ratio	37.09	7.27	0.12	0.08	0.06
Operating Cash Flow to Current Liabilities	-18.96	-22.05	-0.49	-0.15	-0.15
Average Days Payable Outstanding	67.02	60.06	546.86	4.9K	1.33K
Long Term Solvency
Total Debt/Equity	-	-	-	-17.05	-15.32
Total Debt / Total Capital	-	-	-	-20.55	-18.1
Total Liabilities / Total Assets	0.52	0.75	8.1	1.03K	1.7K
Total Debt / EBITDA	-	-	-	-0.31	0.03
Net Debt / EBITDA	-	-	-	-0.14	0.02
Total Debt / (EBITDA - Capex)	-	-	-	-0.31	0.03
Net Debt / (EBITDA - Capex)	-	-	-	-0.14	0.02
Growth Over Prior Year
Gross Profit, 1 Yr. Growth %	53.82	76.25	-72.19	-82.1	1.69K
EBITDA, 1 Yr. Growth %	-	-	-	-	-1.28K
EBITA, 1 Yr. Growth %	-22.78	67.7	-38.33	709.28	-96.02
EBIT, 1 Yr. Growth %	-22.78	67.7	-38.33	709.28	-96.02
Earnings From Cont. Operations, 1 Yr. Growth %	-22.84	72.61	-41.42	693.31	-95.81
Net Income, 1 Yr. Growth %	-22.84	72.61	-41.42	693.31	-95.81
Normalized Net Income, 1 Yr. Growth %	-22.84	72.61	-41.42	693.31	-95.81
Diluted EPS Before Extra, 1 Yr. Growth %	-35.91	70.62	-41.5	668.44	-95.87
Net Property, Plant and Equip., 1 Yr. Growth %	17.14	0.75	0.44	-	-
Total Assets, 1 Yr. Growth %	-9.52	-14.09	-4.44	-98.41	-33.92
Tangible Book Value, 1 Yr. Growth %	-9.64	-14.29	-11.51	-115.99	14.24
Common Equity, 1 Yr. Growth %	-9.64	-14.29	-11.51	-115.99	14.24
Cash From Operations, 1 Yr. Growth %	-21.51	44.71	-77.08	-36.67	7.21
Capital Expenditures, 1 Yr. Growth %	-59.46	-94.88	-52.95	-62.79	-
Levered Free Cash Flow, 1 Yr. Growth %	-51.79	-59.84	-111.88	3.66K	-102.49
Unlevered Free Cash Flow, 1 Yr. Growth %	-51.79	-59.84	-111.88	3.66K	-102.49
Compound Annual Growth Rate Over Two Years
Gross Profit, 2 Yr. CAGR %	169.83	45.48	-29.98	-77.69	-30.69
EBITA, 2 Yr. CAGR %	-9.84	13.8	1.7	123.41	-43.24
EBIT, 2 Yr. CAGR %	-9.84	13.8	1.7	123.41	-43.24
Earnings From Cont. Operations, 2 Yr. CAGR %	-12.55	15.41	0.56	115.58	-42.32
Net Income, 2 Yr. CAGR %	-12.55	15.41	0.56	115.58	-42.32
Normalized Net Income, 2 Yr. CAGR %	-12.55	15.41	0.56	115.58	-42.32
Diluted EPS Before Extra, 2 Yr. CAGR %	-36.13	4.57	-0.1	112.02	-43.65
Net Property, Plant and Equip., 2 Yr. CAGR %	42.79	8.64	0.6	-	-
Total Assets, 2 Yr. CAGR %	23.56	-11.83	-9.39	-87.68	-89.76
Tangible Book Value, 2 Yr. CAGR %	23.6	-12	-12.91	-62.38	-57.25
Common Equity, 2 Yr. CAGR %	23.6	-12	-12.91	-62.38	-57.25
Cash From Operations, 2 Yr. CAGR %	2.17	6.58	-42.41	-61.9	-17.6
Capital Expenditures, 2 Yr. CAGR %	45.22	-85.6	-84.48	-58.16	-
Levered Free Cash Flow, 2 Yr. CAGR %	41.53	-56	-78.16	111.22	-3.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	41.53	-56	-78.16	111.22	-3.21
Compound Annual Growth Rate Over Three Years
Gross Profit, 3 Yr. CAGR %	252.85	115.57	-16.19	-55.57	-48.88
EBITA, 3 Yr. CAGR %	-14.65	10.88	-7.22	103.04	-41.64
EBIT, 3 Yr. CAGR %	-14.65	10.88	-7.22	103.04	-41.64
Earnings From Cont. Operations, 3 Yr. CAGR %	-24.4	9.7	-7.94	100.18	-42.02
Net Income, 3 Yr. CAGR %	-24.4	9.7	-7.94	100.18	-42.02
Normalized Net Income, 3 Yr. CAGR %	-13.4	9.7	-7.94	100.18	-42.02
Diluted EPS Before Extra, 3 Yr. CAGR %	-45.59	-11.38	-13.84	97.21	-42.94
Net Property, Plant and Equip., 3 Yr. CAGR %	27.88	27.12	5.83	-	-
Total Assets, 3 Yr. CAGR %	27.76	9.47	-9.43	-76.46	-78.43
Tangible Book Value, 3 Yr. CAGR %	29.66	9.4	-11.84	-50.5	-45.52
Common Equity, 3 Yr. CAGR %	29.66	9.4	-11.84	-50.5	-45.52
Cash From Operations, 3 Yr. CAGR %	8.82	14.74	-36.15	-40.56	-46.21
Capital Expenditures, 3 Yr. CAGR %	-19.34	-52.39	-78.63	-79.23	-
Levered Free Cash Flow, 3 Yr. CAGR %	-14.75	-6.99	-71.56	21.46	-51.9
Unlevered Free Cash Flow, 3 Yr. CAGR %	-14.75	-6.99	-71.56	21.46	-51.9
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	-	75.84	-12.99	-22.32
EBITDA, 5 Yr. CAGR %	-	-	-	-4.48	53.92
EBITA, 5 Yr. CAGR %	278.63	32.3	-8.45	46.74	-23.77
EBIT, 5 Yr. CAGR %	278.63	32.3	-8.45	46.74	-23.77
Earnings From Cont. Operations, 5 Yr. CAGR %	281.89	34.15	-15.26	43.73	-23.64
Net Income, 5 Yr. CAGR %	281.89	34.15	-15.26	43.73	-23.64
Normalized Net Income, 5 Yr. CAGR %	281.86	34.15	-8.07	43.73	-23.64
Diluted EPS Before Extra, 5 Yr. CAGR %	107.09	0.54	-30.62	25.62	-27.3
Net Property, Plant and Equip., 5 Yr. CAGR %	118.03	38.39	16.17	-	-
Total Assets, 5 Yr. CAGR %	125.8	29.41	11.35	-54.31	-62.12
Tangible Book Value, 5 Yr. CAGR %	732.94	30	10.58	-28.62	-34
Common Equity, 5 Yr. CAGR %	732.94	30	10.58	-28.62	-34
Cash From Operations, 5 Yr. CAGR %	-	19.46	-15.64	-26.18	-29.29
Capital Expenditures, 5 Yr. CAGR %	-	-46.91	-58.28	-54.79	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-17.83	-50.55	29.12	-53.58
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-17.83	-50.55	29.12	-53.58