Income Statement Belo Sun Mining Corp

Equities

BSX

CA0805581091

Gold

Market Closed - Toronto S.E. Other stock markets 04:00:00 2026-04-21 pm EDT			5-day change	1st Jan Change
1.510 ^CAD	-1.31%		-3.21%	+179.63%

Mar. 31	Belo Sun Mining Corp Reports Earnings Results for the Full Year Ended December 31, 2025	CI
Mar. 22	Belo Sun Mining Corp(TSX:BSX) added to S&P/TSX Global Mining Index	CI

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Published financial data: BELO SUN MINING CORP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	-	-	-	-	-
Selling General & Admin Expenses, Total	4.38M	4.8M	3.89M	5.84M	5.15M
Exploration / Drilling Costs, Total	1.27K	6.8M	1.49M	1.48M	1.78M
Stock-Based Compensation (IS)	1.97M	1.04M	943K	206K	3.35M
Depreciation & Amortization - (IS)	59.5K	46.87K	144K	38K	38.31K
Other Operating Expenses, Total	6.41M	12.7M	6.47M	7.56M	10.32M
Operating Income	-6.41M	-12.7M	-6.47M	-7.56M	-10.32M
Interest Expense, Total	-2.34K	-1.34K	-231	-	-
Interest And Investment Income	237K	721K	1.06M	801K	546K
Net Interest Expenses	234K	720K	1.06M	801K	546K
Currency Exchange Gains (Loss)	-25.84K	-1.37M	-33.84K	-542K	-28.6K
EBT, Excl. Unusual Items	-6.2M	-13.35M	-5.44M	-7.3M	-9.8M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	11.99K	13.12K
Asset Writedown	-	-	-5.27M	-	-
EBT, Incl. Unusual Items	-6.2M	-13.35M	-10.72M	-7.29M	-9.79M
Earnings From Continuing Operations	-6.2M	-13.35M	-10.72M	-7.29M	-9.79M
Net Income to Company	-6.2M	-13.35M	-10.72M	-7.29M	-9.79M
Net Income - (IS)	-6.2M	-13.35M	-10.72M	-7.29M	-9.79M
Net Income to Common Incl Extra Items	-6.2M	-13.35M	-10.72M	-7.29M	-9.79M
Net Income to Common Excl. Extra Items	-6.2M	-13.35M	-10.72M	-7.29M	-9.79M
Per Share Items
Net EPS - Basic	-0.01	-0.03	-0.02	-0.02	-0.02
Basic EPS - Continuing Operations	-0.01	-0.03	-0.02	-0.02	-0.02
Basic Weighted Average Shares Outstanding	455M	455M	455M	455M	469M
Net EPS - Diluted	-0.01	-0.03	-0.02	-0.02	-0.02
Diluted EPS - Continuing Operations	-0.01	-0.03	-0.02	-0.02	-0.02
Diluted Weighted Average Shares Outstanding	455M	455M	455M	455M	469M
Normalized Basic EPS	-0.01	-0.02	-0.01	-0.01	-0.01
Normalized Diluted EPS	-0.01	-0.02	-0.01	-0.01	-0.01
Supplemental Items
EBITDA	-6.37M	-12.67M	-6.44M	-7.52M	-10.28M
EBITA	-6.41M	-12.7M	-6.47M	-7.56M	-10.32M
EBIT	-6.41M	-12.7M	-6.47M	-7.56M	-10.32M
Normalized Net Income	-3.88M	-8.34M	-3.4M	-4.56M	-6.13M
Interest on Long-Term Debt	2.34K	1.34K	231	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	1.32M	2.17M	1.31M	1.48M	1.78M
Exploration/Drilling Costs	1.27K	6.8M	1.49M	1.48M	1.78M
Stock-Based Comp., Other (Total)	1.97M	1.04M	943K	206K	3.35M
Total Stock-Based Compensation	1.97M	1.04M	943K	206K	3.35M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	23.96M	17.58M	15.1M	10.88M	4.7M
Total Cash And Short Term Investments	23.96M	17.58M	15.1M	10.88M	4.7M
Other Receivables	202K	118K	126K	119K	81.54K
Notes Receivable	3.93M	529K	228K	235K	-
Total Receivables	4.14M	647K	354K	353K	81.54K
Prepaid Expenses	69.26K	79.54K	83.68K	76.77K	73K
Other Current Assets, Total	37.87K	43.58K	46.43K	39.37K	42.34K
Total Current Assets	28.21M	18.36M	15.59M	11.35M	4.9M
Gross Property Plant And Equipment	19.82M	18.82M	18.01M	18.76M	17.96M
Accumulated Depreciation	-1.58M	-2.61M	-7.42M	-7.36M	-7.1M
Net Property Plant And Equipment	18.24M	16.22M	10.59M	11.4M	10.86M
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	1.96M	2.17M	636K	591K	168K
Total Assets	48.4M	36.74M	26.81M	23.34M	15.92M
Liabilities
Accounts Payable, Total	230K	303K	416K	345K	423K
Accrued Expenses, Total	772K	989K	1.12M	1.17M	1.35M
Current Portion of Leases	15.16K	8.92K	-	-	-
Other Current Liabilities	828K	199K	183K	1.6M	185K
Total Current Liabilities	1.85M	1.5M	1.72M	3.11M	1.96M
Long-Term Leases	7.92K	-	-	-	-
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	1.85M	1.5M	1.72M	3.11M	1.96M
Common Stock, Total	263M	263M	263M	264M	265M
Additional Paid In Capital	60.4K	37.65K	71.68K	82.17K	508K
Retained Earnings	-219M	-233M	-243M	-249M	-257M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	3.09M	5.12M	5.63M	5.19M	5.69M
Total Common Equity	46.55M	35.24M	25.09M	20.23M	13.96M
Total Equity	46.55M	35.24M	25.09M	20.23M	13.96M
Total Liabilities And Equity	48.4M	36.74M	26.81M	23.34M	15.92M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	438M	439M	439M	452M	555M
ECS Total Common Shares Outstanding	438M	439M	439M	452M	458M
Book Value / Share	0.11	0.08	0.06	0.04	0.03
Tangible Book Value	46.55M	35.24M	25.09M	20.23M	13.96M
Tangible Book Value Per Share	0.11	0.08	0.06	0.04	0.03
Total Debt	23.08K	8.92K	0	0	0
Net Debt	-23.94M	-17.58M	-15.1M	-10.88M	-4.7M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	13.18M	10.69M	10.41M	11.32M	10.78M
Machinery, Total	2.13M	3.44M	3.16M	2.99M	2.73M
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-6.2M	-13.35M	-10.72M	-7.29M	-9.79M
Depreciation & Amortization - CF	59.5K	46.87K	144K	38K	38.31K
Depreciation & Amortization, Total	59.5K	46.87K	144K	38K	38.31K
(Gain) Loss From Sale Of Asset	-	2.98M	-	-	-13.12K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	5.27M	-	-
Stock-Based Compensation (CF)	1.97M	1.04M	943K	206K	3.35M
Other Operating Activities, Total	192K	-340K	-484K	387K	632K
Change In Accounts Payable	-1.78M	-339K	229K	1.39M	-844K
Change in Other Net Operating Assets	-131K	67.82K	-14.54K	21.39K	37.9K
Cash from Operations	-5.89M	-9.89M	-4.62M	-5.24M	-6.59M
Capital Expenditure	-15.16K	-15.34K	-42.17K	-9K	-44.84K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	11.24K	3.55M	1.95M	-	401K
Cash from Investing	-3.92K	3.53M	1.9M	-9K	356K
Long-Term Debt Repaid, Total	-16.77K	-18.17K	-9.65K	-	-
Total Debt Repaid	-16.77K	-18.17K	-9.65K	-	-
Issuance of Common Stock	-	-	-	1.17M	-
Repurchase of Common Stock	-	-99.5K	-	-	-
Other Financing Activities, Total	-	-	-	-8.2K	-11.14K
Cash from Financing	-16.77K	-118K	-9.65K	1.16M	-11.14K
Foreign Exchange Rate Adjustments	-134K	95.26K	248K	-126K	57.86K
Net Change in Cash	-6.04M	-6.38M	-2.48M	-4.22M	-6.18M
Supplemental Items
Levered Free Cash Flow	-7.81M	-3.73M	-2.48M	-3.08M	-3.99M
Unlevered Free Cash Flow	-7.81M	-3.73M	-2.48M	-3.08M	-3.99M
Change In Net Working Capital	5.82M	-3.13M	-515K	-1.41M	882K
Net Debt Issued / Repaid	-16.77K	-18.17K	-9.65K	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-7.79	-18.64	-12.72	-18.84	-32.86
Return on Total Capital	-8.23	-19.4	-13.4	-20.85	-37.74
Return On Equity %	-12.74	-32.65	-35.53	-32.17	-57.28
Return on Common Equity	-12.74	-32.65	-35.53	-32.17	-57.28
Short Term Liquidity
Current Ratio	15.28	12.23	9.06	3.65	2.5
Quick Ratio	13.1	11.8	8.85	3.53	2.44
Operating Cash Flow to Current Liabilities	-3.19	-6.59	-2.69	-1.68	-3.36
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	0.05	0.03	-	-	-
Total Debt / Total Capital	0.05	0.03	-	-	-
LT Debt/Equity	0.02	-	-	-	-
Long-Term Debt / Total Capital	0.02	-	-	-	-
Total Liabilities / Total Assets	3.83	4.08	6.42	13.34	12.3
EBIT / Interest Expense	-2.74K	-9.45K	-28K	-	-
EBITDA / Interest Expense	-2.71K	-9.41K	-27.38K	-	-
(EBITDA - Capex) / Interest Expense	-2.72K	-9.42K	-27.56K	-	-
Total Debt / EBITDA	-0	-0	-	-	-
Net Debt / EBITDA	3.77	1.39	2.39	1.45	0.46
Total Debt / (EBITDA - Capex)	-0	-0	-	-	-
Net Debt / (EBITDA - Capex)	3.76	1.39	2.37	1.45	0.45
Growth Over Prior Year
Gross Profit, 1 Yr. Growth %	-	-	-	-	-
EBITDA, 1 Yr. Growth %	1.1	98.84	-49.16	16.8	36.72
EBITA, 1 Yr. Growth %	0.67	98.02	-49.06	16.86	36.54
EBIT, 1 Yr. Growth %	0.67	98.02	-49.06	16.86	36.54
Earnings From Cont. Operations, 1 Yr. Growth %	13.03	115.18	-19.72	-31.99	34.34
Net Income, 1 Yr. Growth %	13.03	115.18	-19.72	-31.99	34.34
Normalized Net Income, 1 Yr. Growth %	13.03	115.18	-59.23	34.13	34.3
Diluted EPS Before Extra, 1 Yr. Growth %	11.99	115.18	-19.72	-32.02	30.44
Net Property, Plant and Equip., 1 Yr. Growth %	-0.75	-11.1	-34.71	7.65	-4.74
Total Assets, 1 Yr. Growth %	-11.17	-24.1	-27.02	-12.94	-31.79
Tangible Book Value, 1 Yr. Growth %	-8.44	-24.31	-28.8	-19.38	-30.97
Common Equity, 1 Yr. Growth %	-8.44	-24.31	-28.8	-19.38	-30.97
Cash From Operations, 1 Yr. Growth %	35.05	67.94	-53.23	13.39	25.61
Capital Expenditures, 1 Yr. Growth %	77.16	1.21	174.92	-78.66	398.29
Levered Free Cash Flow, 1 Yr. Growth %	-249.96	-52.29	-33.41	24.15	29.29
Unlevered Free Cash Flow, 1 Yr. Growth %	-249.86	-52.29	-33.4	24.16	29.29
Compound Annual Growth Rate Over Two Years
Gross Profit, 2 Yr. CAGR %	-	-	-	-	-
EBITDA, 2 Yr. CAGR %	-15.2	41.79	0.54	-22.94	26.37
EBITA, 2 Yr. CAGR %	-15.56	41.19	0.44	-22.84	26.32
EBIT, 2 Yr. CAGR %	-15.56	41.19	0.44	-22.84	26.32
Earnings From Cont. Operations, 2 Yr. CAGR %	-11.85	55.95	31.43	-26.11	-4.42
Net Income, 2 Yr. CAGR %	-11.85	55.95	31.43	-26.11	-4.42
Normalized Net Income, 2 Yr. CAGR %	-12.12	55.95	-6.34	-26.05	34.22
Diluted EPS Before Extra, 2 Yr. CAGR %	-12.92	55.24	31.43	-26.12	-5.83
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.52	-6.07	-23.82	-16.17	1.27
Total Assets, 2 Yr. CAGR %	-9.51	-17.89	-25.58	-20.29	-22.94
Tangible Book Value, 2 Yr. CAGR %	-7.76	-16.75	-26.59	-24.24	-25.4
Common Equity, 2 Yr. CAGR %	-7.76	-16.75	-26.59	-24.24	-25.4
Cash From Operations, 2 Yr. CAGR %	-12.65	50.6	-11.37	-27.18	19.34
Capital Expenditures, 2 Yr. CAGR %	-71.02	33.91	66.81	-23.41	3.11
Levered Free Cash Flow, 2 Yr. CAGR %	-26.5	-15.42	-43.63	-9.07	26.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	-26.5	-15.45	-43.63	-9.06	26.7
Compound Annual Growth Rate Over Three Years
Gross Profit, 3 Yr. CAGR %	-	-	-	-	-
EBITDA, 3 Yr. CAGR %	-12.43	12.66	0.73	5.69	-6.71
EBITA, 3 Yr. CAGR %	-12.55	12.18	0.51	5.64	-6.67
EBIT, 3 Yr. CAGR %	-12.55	12.18	0.51	5.64	-6.67
Earnings From Cont. Operations, 3 Yr. CAGR %	-8.37	18.69	24.99	5.52	-9.82
Net Income, 3 Yr. CAGR %	-8.37	18.69	24.99	5.52	-9.82
Normalized Net Income, 3 Yr. CAGR %	-8.37	18.45	-0.28	5.57	-9.78
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.44	17.73	24.61	5.51	-10.71
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.07	-4.83	-16.8	-14.51	-12.52
Total Assets, 3 Yr. CAGR %	-10.52	-14.66	-21.06	-21.59	-24.33
Tangible Book Value, 3 Yr. CAGR %	-9.64	-13.64	-20.98	-24.26	-26.55
Common Equity, 3 Yr. CAGR %	-9.64	-13.64	-20.98	-24.26	-26.55
Cash From Operations, 3 Yr. CAGR %	-9.14	8.62	1.99	-3.79	-12.66
Capital Expenditures, 3 Yr. CAGR %	-79.49	-56.03	70.19	-15.95	42.98
Levered Free Cash Flow, 3 Yr. CAGR %	-8.93	-36.36	-21.9	-26.66	2.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	-8.94	-36.36	-21.91	-26.66	2.25
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-
EBITDA, 5 Yr. CAGR %	-15.85	-0.11	-7.46	-3.22	10.29
EBITA, 5 Yr. CAGR %	-15.97	-0.31	-7.57	-3.42	10.13
EBIT, 5 Yr. CAGR %	-15.97	-0.31	-7.57	-3.42	10.13
Earnings From Cont. Operations, 5 Yr. CAGR %	-16.71	1.34	5.85	-1.81	12.27
Net Income, 5 Yr. CAGR %	-16.71	1.34	5.85	-1.81	12.27
Normalized Net Income, 5 Yr. CAGR %	-16.72	1.34	-7.56	-1.89	12.3
Diluted EPS Before Extra, 5 Yr. CAGR %	-18.27	1.81	5.8	-2.29	11.4
Net Property, Plant and Equip., 5 Yr. CAGR %	8.58	-0.9	-11.43	-9.54	-9.99
Total Assets, 5 Yr. CAGR %	-12.68	-15.03	-16.88	-16.96	-21.81
Tangible Book Value, 5 Yr. CAGR %	-11.53	-13.69	-16.84	-18.05	-22.78
Common Equity, 5 Yr. CAGR %	-11.53	-13.69	-16.84	-18.05	-22.78
Cash From Operations, 5 Yr. CAGR %	-6.85	-1.48	-10.04	-7.43	8.6
Capital Expenditures, 5 Yr. CAGR %	-64.96	-69.52	-52.57	-45.1	39.28
Levered Free Cash Flow, 5 Yr. CAGR %	31.62	-20.49	-24.83	-26.6	-5.22
Unlevered Free Cash Flow, 5 Yr. CAGR %	31.61	-20.5	-24.84	-26.6	-5.23