Arctic Star Exploration Corp. (ADD) Financials
TSXV: ADD · Diamonds · Exploration stage
- Market cap$2.4M
- Share price$0.010
- Shares outstanding238,710,370
- ExchangeTSXV
- Properties3
- Websitewww.arcticstar.ca
Arctic Star Exploration Corp is a natural resource company engaged in the acquisition, exploration, and development of mineral properties. Some of the projects of the company are Timantti diamond project, Diagras diamond project, Stein diamond project and others. It has a business presence in Canada and Finland.
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Arctic Star Exploration Corp. financial statements
Key figures read from 35 of 36 financial statement filings, Nov 28, 2016 to Dec 1, 2025. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$542 | C$28,421 | C$2,575 | C$242,792 | C$30,454 |
| Total current assets | C$111,072* | C$331,010* | C$779,965* | C$984,224* | C$60,753* |
| Exploration and evaluation assets | C$8,634,828 | C$8,567,719 | C$8,561,445 | C$6,474,984 | C$4,636,859 |
| Property, plant and equipment | — | C$0 | C$542 | C$986 | C$4,310 |
| Total assets | C$8,760,291 | C$8,913,120 | C$9,993,843 | C$8,112,085 | C$4,717,529 |
| Shareholders' equity | C$7,610,206 | C$8,200,111 | C$9,610,094 | C$6,983,566 | C$4,062,149 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | FY Dec 2020 | |
|---|---|---|---|---|---|
| General and administrative | C$415,844 | C$789,097 | C$1,397,208 | C$654,118 | C$723,751 |
| Share-based compensation | C$5,020 | C$16,100 | C$12,412 | C$981,030 | C$146,330 |
| Impairments and write-downs | (C$119,375) | — | — | — | C$0 |
| Net income (loss) | (C$825,415) | (C$1,612,394) | (C$2,354,751) | (C$1,980,068) | (C$1,425,098) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | FY Dec 2020 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$344,188) | (C$557,935) | (C$2,773,644) | (C$968,569) | (C$1,006,706)* |
| Investing cash flow | (C$67,109) | (C$206,226) | (C$2,086,461) | (C$2,604,103) | (C$44,448)* |
| Financing cash flow | C$383,418 | C$377,555 | C$4,619,888 | C$3,798,049 | C$1,064,707* |
| Exploration spending (capitalized) | (C$67,109) | (C$31,474) | (C$2,086,461) | (C$2,639,103) | (C$44,448) |
| Proceeds from share issues | C$236,650 | C$193,000 | C$4,528,270 | C$3,463,550 | C$930,124 |
| Change in cash | (C$27,879) | C$25,846 | (C$240,217) | C$212,338 | C$13,553 |
| Cash at end of period | C$542 | C$28,421 | C$2,575 | C$242,792 | C$30,454 |
* Calculated from the statement's own lines: the company did not print this total with a label.
No financings are on record for Arctic Star Exploration Corp. yet.