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MegaWatt Lithium and Battery Metals Corp. (MEGA) Financials

CSE: MEGA · Lithium · Exploration stage

MegaWatt is a British Columbia based company involved in the acquisition and exploration of mineral properties. MegaWatt holds a 100% interest (subject to a 2% NSR) in and to the Route 381 Lithium Property, comprised of 40 mineral claims located in James Bay Territory, north of Matagami in the Province of Quebec, covering 2,126 hectares (see press release dated February 3, 2021), and a 100% interest in 229 additional mineral exploration claims prospective for lithium, also in the James Bay area of Quebec covering an area of 12,116 hectares or 121 square kms.

MegaWatt Lithium and Battery Metals Corp. financial statements

Key figures read from 24 of 24 financial statement filings, Aug 29, 2019 to Sep 1, 2026. 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.

Sep 2025Sep 2024Sep 2023Sep 2022Sep 2019
Cash and equivalentsC$522C$46,431C$36,715C$762,790C$184,631
Total current assetsC$20,570*C$94,672*C$206,954*C$1,054,240*C$201,849*
Exploration and evaluation assetsC$1,150,692C$4,185,757C$1,430,519C$1,802,789C$181,524
Total assetsC$1,171,262C$4,280,429C$1,637,473C$2,857,029C$383,373
DebtC$146,143C$83,881———
Total liabilitiesC$1,489,072C$1,124,612C$477,061C$701,636—
Shareholders' equity(C$317,810)C$3,155,817C$1,160,412C$2,155,393C$375,797

* 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 Sep 2025FY Sep 2024FY Sep 2023FY Sep 2022FY Sep 2019
Exploration and evaluation expense——C$0C$136,286—
General and administrativeC$248,237C$498,765C$318,468C$506,862C$8,488
Share-based compensationC$0C$15,641C$0C$282,295—
Net income (loss)(C$3,488,960)(C$1,984,261)(C$1,089,981)(C$14,652,970)(C$129,097)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Sep 2025FY Sep 2024FY Sep 2023FY Sep 2022FY Sep 2019
Operating cash flow(C$81,795)(C$946,065)(C$600,586)(C$1,453,533)(C$145,401)
Investing cash flow(C$9,114)(C$72,744)(C$125,489)(C$137,210)(C$48,040)
Financing cash flowC$45,000C$1,028,525C$0C$1,858,340C$312,527
Exploration spending (capitalized)(C$9,114)(C$96,474)(C$875,489)(C$75,680)(C$48,040)
Proceeds from share issuesC$0C$953,525C$0C$1,858,340C$312,527
Change in cash(C$45,909)C$9,716(C$726,075)C$267,597C$119,086
Cash at end of periodC$522C$46,431C$36,715C$762,790C$184,631

No financings are on record for MegaWatt Lithium and Battery Metals Corp. yet.

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