Earthlabs Reports Results For The Fourth Quarter And Fiscal Year 2025
| Consolidated statements of income (loss) and comprehensive income (loss) highlights | Three months ended December 31, | Twelve months ended December 31, | ||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||||
| Advertising and sponsorships revenue | $ | 3,024,454 | $ | 1,843,012 | $ | 8,403,501 | $ | 6,108,765 | ||||||||||
| Subscriptions revenue | 348,896 | 322,338 | 1,286,557 | 1,237,035 | ||||||||||||||
| Sales of exploration maps | 85,605 | 37,655 | 203,857 | 177,763 | ||||||||||||||
| Net investment gains (losses) | 10,875,407 | (3,667,473) | 42,577,085 | 160,441 | ||||||||||||||
| Other income | 211,787 | 180,074 | 1,114,082 | 755,956 | ||||||||||||||
| Operating, general and administrative | (5,019,165) | (3,239,686) | (14,342,875) | (11,339,500) | ||||||||||||||
| Research and development expenses | (524,829) | (742,954) | (2,173,109) | (3,173,710) | ||||||||||||||
| Total expenses | (5,570,998) | (4,016,968) | (16,636,003) | (14,657,449) | ||||||||||||||
| Income (loss) from equity investment | 272,401 | (325,339) | 247,068 | (355,724) | ||||||||||||||
| Income tax recovery (expense) | (987,761) | 667,524 | (3,209,844) | 385,929 | ||||||||||||||
| Net income (loss) and comprehensive income (loss) for the period | 8,259,791 | (4,959,177) | 33,986,303 | (6,187,284) | ||||||||||||||
| Earnings (loss) per common share for the period – basic | 0.06 | (0.04) | 0.25 | (0.04) | ||||||||||||||
| Earnings (loss) per common share for the period – diluted | 0.06 | (0.04) | 0.24 | (0.04) |
| Consolidated statements of financial position highlights | December 31, 2025 | December 31, 2024 | ||||||
| Cash and cash equivalents | $ | 3,516,515 | $ | 4,122,474 | ||||
| Due from brokers | 861,833 | 416,907 | ||||||
| Accounts receivable, net of expected credit losses | 305,458 | 519,491 | ||||||
| Investments, at fair value | 73,792,108 | 32,912,428 | ||||||
| Equity investment | 2,029,696 | 1,782,628 | ||||||
| Income tax receivable | - | 268,362 | ||||||
| Right-of-use assets, net | 813,865 | 992,417 | ||||||
| Intangible Assets | 2,708,333 | 2,826,438 | ||||||
| Goodwill | 624,290 | 624,290 | ||||||
| Total assets | 85,465,211 | 44,930,710 | ||||||
| Accounts payable and accrued liabilities | 2,663,928 | 1,697,947 | ||||||
| Deferred revenue | 6,488,475 | 3,452,044 | ||||||
| Total promissory note | - | 726,458 | ||||||
| Total lease liabilities | 889,552 | 1,031,645 | ||||||
| Deferred tax liabilities | 3,207,821 | - | ||||||
| Total liabilities | 13,410,824 | 7,105,575 | ||||||
| Share capital, contributed surplus, and warrants | 52,818,092 | 52,575,143 | ||||||
| Retained earnings (deficit) | 19,236,295 | (14,750,008) |
About EarthLabs Inc.
EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) is a mining investment, technology, and media company that aims to provide strategic leverage to the metals and mining sector through investments, royalties and a full suite of data-driven media SaaS tools and services including CEO, The Northern Miner, MINING, Canadian Mining Journal and DigiGeoData.
For further information please contact:
Denis Laviolette
Executive Chairman and CEO
EarthLabs Inc.
Tel: 647-345-7720
Email: ...
Neither the TSX Venture Exchange ("TSXV"), OTC Best Market ("OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement on Forward-Looking Information
Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements. Often, but not always, these forward-looking statements can be identified by the use of words such as "estimate", "estimates", "estimated", "potential", "open", "future", "assumed", "projected", "used", "detailed", "has been", "gain", "upgraded", "offset", "limited", "contained", "reflecting", "containing", "remaining", "to be", "periodically", or statements that events, "could" or "should" occur or be achieved and similar expressions, including negative variations.
Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, risks detailed from time to time in the Company's filings with securities regulators and available under the Company's profile on SEDAR at . Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.
To view the source version of this press release, please visit
Source: EarthLabs Inc.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment