NYSEAMERICAN : AUXX
Gold X2 Mining Inc. — Financial statements
Canada
Last price 3.81 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 380.00M
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Financial statements
Income statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cost of Revenue | 342.47K | |||||
| Gross Profit | -342.47K | |||||
| Selling, General & Admin | 5.04M | 3.77M | 1.53M | 1.66M | 1.54M | 1.55M |
| Amortization of Goodwill & Intangibles | 166.49K | 101.93K | 72.48K | 89.47K | 106.53K | 67.31K |
| Operating Expenses | 51.42M | 34.49M | 9.47M | 3.08M | 3.72M | 4.46M |
| Operating Income | -51.42M | -34.49M | -9.47M | -3.08M | -3.72M | -4.80M |
| Interest Expense | -134.83K | -77.69K | -10.07K | -14.79K | -23.15K | -20.98K |
| Interest & Investment Income | 1.31M | 551.34K | 269.39K | 117.97K | 106.87K | 3.22K |
| Other Non Operating Income (Expenses) | 6.33M | 5.17M | -443.39K | -407.45K | 1.29M | 39.32K |
| EBT Excluding Unusual Items | -43.92M | -28.85M | -9.66M | -3.38M | -2.34M | -4.78M |
| Other Unusual Items | -16.56K | -16.56K | -380.14K | -1.87M | ||
| Pretax Income | -43.87M | -28.80M | -9.66M | -3.76M | -2.34M | -6.65M |
| Income Tax Expense | -2.44M | 606.00K | 634.00K | 4.68M | 6.83M | |
| Net Income | -43.87M | -26.35M | -10.26M | -4.40M | -7.02M | -13.48M |
| Net Income to Common | -43.87M | -26.35M | -10.26M | -4.40M | -7.02M | -13.48M |
| Shares Outstanding (Basic) | 87.49M | 69.18M | 47.28M | 33.65M | 24.55M | 14.78M |
| Shares Outstanding (Diluted) | 87.49M | 69.18M | 47.28M | 33.65M | 24.55M | 14.78M |
| EPS (Basic) | -0.50 | -0.38 | -0.22 | -0.13 | -0.29 | -0.91 |
| EPS (Diluted) | -0.50 | -0.38 | -0.22 | -0.13 | -0.29 | -0.91 |
| Free Cash Flow | -50.34M | -39.96M | -8.15M | -8.62M | -26.61M | -23.15M |
| Free Cash Flow Per Share | -0.57 | -0.58 | -0.17 | -0.26 | -1.08 | -1.57 |
| EBITDA | -51.38M | -34.46M | -9.47M | -3.04M | -3.70M | -4.80M |
| D&A For EBITDA | 41.28K | 27.93K | 7.85K | 35.40K | 11.09K | 6.00K |
| EBIT | -51.42M | -34.49M | -9.47M | -3.08M | -3.72M | -4.80M |
Balance sheet
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 105.56M | 12.60M | 15.38M | 5.27M | 1.24M | 12.11M |
| Cash & Short-Term Investments | 105.56M | 12.60M | 15.38M | 5.27M | 1.24M | 12.11M |
| Other Receivables | 1.03M | 541.30K | 326.85K | 149.95K | 241.68K | 837.85K |
| Receivables | 1.03M | 541.30K | 326.85K | 149.95K | 241.68K | 837.85K |
| Prepaid Expenses | 870.06K | 292.94K | 291.04K | 89.45K | 366.28K | 472.73K |
| Total Current Assets | 107.46M | 13.44M | 16.00M | 5.51M | 1.85M | 13.42M |
| Property, Plant & Equipment | 78.59M | 78.22M | 52.56M | 89.31M | 85.75M | 61.62M |
| Other Long-Term Assets | 251.35K | 86.82K | 447.00K | 547.00 | 3.77K | 161.67K |
| Total Assets | 186.30M | 91.75M | 69.01M | 94.82M | 87.60M | 75.20M |
| Accounts Payable | 7.08M | 2.63M | 791.86K | 270.53K | 1.34M | 1.92M |
| Accrued Expenses | 1.84M | 491.21K | 143.70K | 461.20K | 544.88K | |
| Current Portion of Leases | 71.93K | 114.00K | 71.29K | 73.30K | 81.61K | 102.43K |
| Current Unearned Revenue | 21.89M | 997.31K | 3.56M | 257.05K | 155.44K | 1.00M |
| Other Current Liabilities | 176.87K | 165.84K | ||||
| Total Current Liabilities | 29.22M | 5.75M | 4.92M | 744.58K | 2.03M | 3.57M |
| Long-Term Leases | 66.05K | 170.37K | 132.46K | 193.69K | 238.18K | 230.62K |
| Long-Term Deferred Tax Liabilities | 2.44M | 11.78M | 11.50M | 6.83M | ||
| Other Long-Term Liabilities | 389.81K | 481.09K | ||||
| Total Liabilities | 29.68M | 6.40M | 7.49M | 12.72M | 13.78M | 10.63M |
| Common Stock | 256.64M | 161.79M | 105.81M | 90.33M | 73.06M | 54.94M |
| Retained Earnings | -111.66M | -84.13M | -59.09M | -23.10M | -21.23M | -14.23M |
| Comprehensive Income & Other | 11.64M | 7.68M | 14.80M | 14.87M | 21.99M | 23.86M |
| Shareholders' Equity | 156.62M | 85.34M | 61.51M | 82.10M | 73.82M | 64.57M |
| Total Liabilities & Equity | 186.30M | 91.75M | 69.01M | 94.82M | 87.60M | 75.20M |
| Total Debt | 137.98K | 284.37K | 203.75K | 266.99K | 319.78K | 333.05K |
| Net Cash (Debt) | 105.43M | 12.32M | 15.18M | 5.00M | 917.78K | 11.77M |
| Net Cash Per Share | 1.21 | 0.18 | 0.32 | 0.15 | 0.04 | 0.80 |
| Filing Date Shares Outstanding | 101.18M | 100.61M | 55.94M | 43.36M | 34.73M | 23.71M |
| Total Common Shares Outstanding | 101.11M | 82.80M | 55.94M | 43.28M | 27.98M | 19.24M |
| Working Capital | 78.24M | 7.69M | 11.08M | 4.76M | -188.63K | 9.84M |
| Book Value Per Share | 1.55 | 1.03 | 1.10 | 1.90 | 2.64 | 3.36 |
| Tangible Book Value | 156.62M | 85.34M | 61.51M | 82.10M | 73.82M | 64.57M |
| Tangible Book Value Per Share | 1.55 | 1.03 | 1.10 | 1.90 | 2.64 | 3.36 |
| Machinery | 718.25K | 237.05K | 33.26K | 33.26K | 33.26K | 33.26K |
Cash flow statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -43.87M | -26.35M | -10.26M | -4.40M | -7.02M | -13.48M |
| Depreciation & Amortization | 154.98K | 101.69K | 72.48K | 89.49K | 106.53K | 67.31K |
| Stock-Based Compensation | 9.27M | 3.23M | 2.00M | 1.33M | 2.07M | 2.84M |
| Other Operating Activities | -7.91M | -8.99M | 30.58K | 286.30K | 2.12M | 7.66M |
| Change in Accounts Receivable | -1.15M | -216.35K | -378.49K | |||
| Change in Accounts Payable | 4.29M | 3.09M | 868.84K | -253.34K | -630.54K | 393.49K |
| Change in Other Net Operating Assets | 386.06K | 1.03M | 702.62K | -1.24M | ||
| Operating Cash Flow | -38.83M | -29.13M | -7.67M | -1.92M | -2.65M | -3.75M |
| Capital Expenditures | -11.51M | -10.82M | -476.45K | -6.70M | -23.96M | -19.40M |
| Cash Acquisitions | 10.32M | |||||
| Other Investing Activities | -561.05K | -160.00K | ||||
| Investing Cash Flow | -12.07M | -10.98M | -476.45K | -6.70M | -23.96M | -9.08M |
| Long-Term Debt Repaid | -102.32K | -73.30K | -116.87K | -75.06K | ||
| Lease Payments | -107.44K | -102.32K | -73.30K | -91.33K | -116.87K | -75.06K |
| Total Debt Repaid | -107.44K | -102.32K | -73.30K | -91.33K | -116.87K | -75.06K |
| Net Debt Issued (Repaid) | -107.44K | -102.32K | -73.30K | -91.33K | -116.87K | -75.06K |
| Issuance of Common Stock | 117.15M | 37.63M | 18.50M | 10.65M | 17.29M | 10.00M |
| Other Financing Activities | -126.48K | -190.40K | -165.10K | -667.72K | -1.44M | -1.57M |
| Financing Cash Flow | 116.92M | 37.34M | 18.26M | 9.89M | 15.74M | 8.35M |
| Net Cash Flow | 66.01M | -2.78M | 10.11M | 1.27M | -10.87M | -4.48M |
| Free Cash Flow | -50.34M | -39.96M | -8.15M | -8.62M | -26.61M | -23.15M |
| Free Cash Flow Per Share | -0.57 | -0.58 | -0.17 | -0.26 | -1.08 | -1.57 |
| Levered Free Cash Flow | -13.45M | -28.52M | -536.90K | -24.94M | -17.04M | |
| Unlevered Free Cash Flow | -13.37M | -28.48M | -530.61K | -24.92M | -17.03M | |
| Free Cash Flow After Leases | -50.45M | -40.06M | -8.22M | -8.71M | -26.72M | -23.23M |
| Cash Income Tax Paid | 53.49K | 44.75K | ||||
| Change in Working Capital | 3.52M | 2.88M | 490.35K | 773.53K | 72.08K | -847.02K |
Ratios
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 380.00M | 242.77M | 58.03M | 22.61M | 19.85M | 44.39M |
| Enterprise Value | 304.44M | 224.26M | 53.85M | 20.69M | 17.15M | 32.09M |
| Last Close Price | 3.81 | 2.84 | 1.01 | 0.52 | 0.74 | 2.31 |
| PB Ratio | 3.45 | 3.90 | 1.36 | 0.36 | 0.36 | 0.86 |
| P/TBV Ratio | 3.45 | 3.90 | 1.36 | 0.36 | 0.36 | 0.86 |
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Net Debt / Equity Ratio | -0.67 | -0.14 | -0.25 | -0.06 | -0.01 | -0.18 |
| Net Debt / EBITDA Ratio | 2.05 | 0.36 | 1.60 | 1.64 | 0.25 | 2.46 |
| Net Debt / FCF Ratio | 2.09 | 0.31 | 1.86 | 0.58 | 0.03 | 0.51 |
| Quick Ratio | 3.65 | 2.29 | 3.19 | 7.28 | 0.73 | 3.62 |
| Current Ratio | 3.68 | 2.34 | 3.25 | 7.40 | 0.91 | 3.75 |
| Return on Equity (ROE) | -31.29% | -35.89% | -14.29% | -10.15% | -39.57% | |
| Return on Assets (ROA) | -19.21% | -26.82% | -7.23% | -2.85% | -6.39% | |
| Return on Capital Employed (ROCE) | -32.70% | -40.10% | -14.80% | -3.30% | -4.30% | -6.70% |
| Earnings Yield | -9.41% | -7.92% | -12.29% | -14.73% | -26.14% | -24.32% |
| FCF Yield | -9.47% | -12.00% | -9.76% | -28.88% | -99.07% | -41.78% |
| Buyback Yield / Dilution | -59.15% | -46.31% | -40.53% | -37.06% | -66.11% | -569.45% |