Velocity Minerals Ltd
XTSX:VLC
Income Statement
Earnings Waterfall
Velocity Minerals Ltd
Income Statement
Velocity Minerals Ltd
| Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(0)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(9)
|
(9)
|
(9)
|
(9)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
|
| Selling, General & Administrative |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(8)
|
(9)
|
(9)
|
(9)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(0)
N/A
|
(0)
-14%
|
(0)
-6%
|
(0)
N/A
|
(0)
-12%
|
(0)
N/A
|
(0)
+5%
|
(0)
-6%
|
(1)
-474%
|
(1)
-23%
|
(2)
-16%
|
(2)
-9%
|
(1)
+48%
|
(1)
-6%
|
(1)
+4%
|
(1)
N/A
|
(1)
-2%
|
(1)
+11%
|
(1)
+5%
|
(1)
+4%
|
(1)
+16%
|
(1)
-11%
|
(1)
-9%
|
(1)
+1%
|
(1)
+3%
|
(2)
-186%
|
(2)
+2%
|
(2)
+5%
|
(0)
+77%
|
(2)
-282%
|
(2)
+8%
|
(2)
+1%
|
(0)
+90%
|
(0)
+13%
|
(0)
+7%
|
(0)
+8%
|
(0)
+22%
|
(0)
-6%
|
(0)
N/A
|
(0)
+10%
|
(0)
-3%
|
(0)
+24%
|
(0)
+29%
|
(0)
-20%
|
(0)
-538%
|
(9)
-2 130%
|
(9)
0%
|
(9)
-8%
|
(9)
-2%
|
(1)
+85%
|
(2)
-12%
|
(3)
-88%
|
(3)
-7%
|
(3)
+15%
|
(2)
+18%
|
(2)
+31%
|
(2)
-7%
|
(2)
-7%
|
(2)
+6%
|
(2)
-7%
|
(2)
-9%
|
(2)
-1%
|
(2)
-12%
|
(2)
-10%
|
(3)
-10%
|
(3)
-2%
|
(3)
-1%
|
(3)
+5%
|
(2)
+8%
|
(2)
+7%
|
(2)
+9%
|
(2)
-2%
|
(2)
+1%
|
(2)
-10%
|
(3)
-13%
|
(3)
-36%
|
(4)
-1%
|
(3)
+8%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
|
| Pre-Tax Income |
(0)
N/A
|
(0)
-23%
|
(0)
-6%
|
(0)
N/A
|
(0)
-6%
|
(0)
-6%
|
(0)
+5%
|
(0)
-6%
|
(1)
-468%
|
(1)
-23%
|
(2)
-15%
|
(2)
-9%
|
(1)
+52%
|
(1)
-8%
|
(1)
+3%
|
(1)
N/A
|
(1)
-10%
|
(1)
+12%
|
(1)
+6%
|
(1)
+4%
|
(1)
+6%
|
(1)
-1%
|
(1)
-10%
|
(1)
N/A
|
(2)
-171%
|
(2)
0%
|
(2)
+2%
|
(2)
+5%
|
(2)
+5%
|
(2)
+7%
|
(2)
+8%
|
(2)
+3%
|
(0)
+89%
|
(0)
+18%
|
(0)
+7%
|
(0)
-8%
|
(1)
-285%
|
(0)
+11%
|
(0)
N/A
|
(0)
+2%
|
(0)
+95%
|
(0)
-195%
|
(0)
+29%
|
(0)
-20%
|
(0)
-548%
|
(9)
-2 107%
|
(9)
+0%
|
(9)
-8%
|
(9)
+1%
|
(2)
+79%
|
(2)
-26%
|
(3)
-32%
|
(3)
-1%
|
(3)
+16%
|
(3)
+4%
|
(2)
+31%
|
(2)
-19%
|
(2)
-8%
|
(2)
+3%
|
(3)
-15%
|
(2)
+3%
|
(2)
+0%
|
(3)
-1%
|
(3)
0%
|
(3)
-11%
|
(3)
-2%
|
(3)
+3%
|
(3)
+6%
|
(2)
+11%
|
(2)
+9%
|
(2)
+11%
|
(2)
+12%
|
(2)
+4%
|
(2)
-16%
|
(2)
+9%
|
(1)
+19%
|
(1)
+1%
|
(2)
-36%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(9)
|
(9)
|
(9)
|
(9)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(0)
N/A
|
(0)
-23%
|
(0)
-6%
|
(0)
N/A
|
(0)
-6%
|
(0)
-6%
|
(0)
+5%
|
(0)
-6%
|
(1)
-468%
|
(1)
-23%
|
(2)
-15%
|
(2)
-9%
|
(0)
+83%
|
(0)
-21%
|
(0)
+9%
|
(0)
N/A
|
(1)
-194%
|
(1)
+12%
|
(1)
+6%
|
(1)
+4%
|
(1)
+6%
|
(1)
-1%
|
(1)
-10%
|
(1)
N/A
|
(2)
-171%
|
(2)
0%
|
(2)
+2%
|
(2)
+5%
|
(2)
+5%
|
(2)
+7%
|
(2)
+8%
|
(2)
+3%
|
(0)
+89%
|
(0)
+18%
|
(0)
+7%
|
(0)
-8%
|
(1)
-285%
|
(0)
+11%
|
(0)
N/A
|
(0)
+2%
|
(0)
+95%
|
(0)
-195%
|
(0)
+29%
|
(0)
-20%
|
(0)
-548%
|
(9)
-2 107%
|
(9)
+0%
|
(9)
-8%
|
(9)
+1%
|
(2)
+79%
|
(2)
-26%
|
(3)
-39%
|
(3)
-1%
|
(3)
+16%
|
(3)
+12%
|
(1)
+41%
|
(2)
-22%
|
(2)
-8%
|
(2)
-5%
|
(2)
-17%
|
(2)
+3%
|
(2)
+0%
|
(2)
-6%
|
(3)
-1%
|
(3)
-10%
|
(3)
-2%
|
(3)
+6%
|
(2)
+6%
|
(2)
+11%
|
(2)
+8%
|
(2)
+11%
|
(2)
+12%
|
(2)
+2%
|
(2)
-16%
|
(2)
-5%
|
(2)
+16%
|
(2)
+1%
|
(2)
-28%
|
|
| EPS (Diluted) |
-1.31
N/A
|
-1.45
-11%
|
-1.54
-6%
|
-1.54
N/A
|
-1.63
-6%
|
-1.72
-6%
|
-1.63
+5%
|
-1.72
-6%
|
-5.4
-214%
|
-1.82
+66%
|
-2.09
-15%
|
-2.28
-9%
|
-0.38
+83%
|
-0.47
-24%
|
-0.42
+11%
|
-0.43
-2%
|
-1.26
-193%
|
-1.11
+12%
|
-1.02
+8%
|
-1
+2%
|
-0.93
+7%
|
-0.95
-2%
|
-1.04
-9%
|
-1.04
N/A
|
-2.83
-172%
|
-2.84
0%
|
-2.77
+2%
|
-2.62
+5%
|
-2.5
+5%
|
-2.31
+8%
|
-2.1
+9%
|
-2.08
+1%
|
-0.23
+89%
|
-0.19
+17%
|
-0.18
+5%
|
-0.19
-6%
|
-0.74
-289%
|
-0.64
+14%
|
-0.24
+63%
|
-0.24
N/A
|
-0.01
+96%
|
0
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.03
-200%
|
-0.17
-467%
|
-0.15
+12%
|
-0.15
N/A
|
-0.14
+7%
|
-0.03
+79%
|
-0.04
-33%
|
-0.04
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.03
+25%
|
-0.02
+33%
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
|