Is Graycliff Exploration Limited (GRAY.CN) a Buy, Sell, or Hold?
CNQ : GRAY.CN
Graycliff Exploration Limited — Financials
$0.3 CAD
-$0.04 (-10.45%)
- Volume
- 132.02K
- Average Volume
- 81.7K
- Market Capitalization
- $1.32M
- P/E Ratio
- -3.82
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.51
- Year Low
- $0.06
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.43
GRAY.CN Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - |
| costOfRevenue | - | 17445 | 17445 | 10176 | - | - | - | - |
| grossProfit | - | -17445 | -17445 | -10176 | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 39239 | 186.33K | 274.89K | 201.25K | 1.2M | 834.99K | 267.72K | 6125 |
| sellingAndMarketingExpenses | 17867 | 74795 | 232.69K | 247.74K | 407.24K | 235.4K | 20000 | 650 |
| sellingGeneralAndAdministrativeExpenses | 57106 | 261.12K | 507.59K | 448.99K | 1.61M | 1.07M | 287.72K | 6775 |
| otherExpenses | 187.79K | - | 225.48K | 1.81M | 3.25M | 828.75K | - | - |
| operatingExpenses | 244.9K | 261.12K | 733.07K | 2.26M | 4.86M | 1.9M | 287.72K | 6775 |
| costAndExpenses | 244.9K | 261.12K | 750.52K | 2.27M | 4.86M | 1.9M | 287.72K | 6775 |
| netInterestIncome | - | - | 5530 | 7738 | 4666 | 1774 | - | - |
| interestIncome | - | - | 5530 | 7738 | 4666 | 1774 | - | - |
| interestExpense | - | - | - | - | - | - | - | - |
| depreciationAndAmortization | - | 17445 | 17445 | 10176 | - | - | 287.72K | 6775 |
| ebitda | -244.9K | -261.12K | -507.59K | -2.25M | -4.84M | -1.9M | - | - |
| ebit | -244.9K | -278.57K | -525.03K | -2.26M | -4.84M | -1.9M | -287.72K | -6775 |
| nonOperatingIncomeExcludingInterest | - | 17445 | 17445 | -7738 | -26675 | -1774 | - | -5 |
| operatingIncome | -244.9K | -261.12K | -507.59K | -2.27M | -4.86M | -1.9M | -287.72K | -6780 |
| totalOtherIncomeExpensesNet | 38673 | 35379 | 5530 | 7738 | 26675 | 1774 | - | 5 |
| incomeBeforeTax | -206.22K | -225.74K | -744.99K | -2.26M | -4.84M | -1.9M | -287.72K | -6775 |
| incomeTaxExpense | - | - | - | - | -24753 | -6448 | - | - |
| netIncomeFromContinuingOperations | -206.22K | -225.74K | -744.99K | -2.26M | -4.81M | -1.89M | -287.72K | -6775 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - |
| netIncome | -206.22K | -225.74K | -744.99K | -2.26M | -4.81M | -1.89M | -287.72K | -6775 |
| netIncomeDeductions | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -206.22K | -225.74K | -744.99K | -2.26M | -4.81M | -1.89M | -287.72K | -6775 |
| eps | -0.05 | -0.05 | -0.17 | -0.56 | -1.64 | -0.84 | -0.15 | -0.0 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 2976 | 9288 | 38035 | 40283 | 841.32K | 1.03M | 425.78K | - |
| shortTermInvestments | - | - | - | 307.31K | 752.85K | - | - | - |
| cashAndShortTermInvestments | 2976 | 9288 | 38035 | 347.6K | 1.59M | 1.03M | 425.78K | - |
| netReceivables | 1459 | 901 | 3227 | 19692 | 236.5K | 61364 | 3743 | - |
| accountsReceivables | - | 396 | 397 | 19692 | 236.5K | 61364 | 3743 | - |
| otherReceivables | 1459 | 505 | 2830 | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - |
| prepaids | 4261 | 4543 | 8817 | 145.82K | 346.19K | 41406 | 42529 | - |
| otherCurrentAssets | - | - | - | - | - | - | - | 406 |
| totalCurrentAssets | 8696 | 14732 | 50079 | 513.1K | 2.18M | 1.13M | 472.05K | 406 |
| propertyPlantEquipmentNet | - | 43612 | 61057 | 78502 | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | - | 43612 | 61057 | 78502 | - | - | - | - |
| otherAssets | - | - | - | - | - | - | - | - |
| totalAssets | 8696 | 58344 | 111.14K | 591.61K | 2.18M | 1.13M | 472.05K | 406 |
| totalPayables | - | 383.26K | 194.67K | 37.43 | 63447 | 185.46K | 31703 | 7181 |
| accountPayables | - | 378.11K | 194.67K | 37.43 | 63447 | 185.46K | 31703 | 7181 |
| otherPayables | - | 5150 | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - |
| shortTermDebt | 297.86K | 23924 | 15640 | 12058 | - | - | - | - |
| capitalLeaseObligationsCurrent | - | 18774 | 15641 | 12058 | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 295.96K | -23924 | -15640 | 25334 | 63447 | 24753 | 1081 | - |
| totalCurrentLiabilities | 593.82K | 402.04K | 210.31K | 49488 | 63447 | 210.21K | 32784 | 7181 |
| longTermDebt | - | - | - | - | - | 432.4K | - | - |
| capitalLeaseObligationsNonCurrent | - | 35206 | 53980 | 70285 | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | - | 35207 | 53980 | 70285 | - | 432.4K | - | - |
| otherLiabilities | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | 53980 | 69621 | 82343 | - | - | - | - |
| totalLiabilities | 593.82K | 437.24K | 264.29K | 119.77K | 63447 | 642.61K | 32784 | 7181 |
| treasuryStock | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - |
| commonStock | 7.49M | 7.49M | 7.49M | 7.37M | 7.02M | 2.21M | 733.77K | - |
| retainedEarnings | -10.44M | -10.23M | -10.01M | -9.26M | -7M | -2.19M | -294.5K | -6775 |
| additionalPaidInCapital | 2.36M | 2.09M | 2.09M | 1.03M | 1.03M | 311.85K | - | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| netIncome | -206.22K | -225.74K | -744.99K | -2.26M | -4.81M | -1.89M | -287.72K | -6775 |
| depreciationAndAmortization | - | 17445 | 17445 | 10176 | - | - | - | - |
| deferredIncomeTax | - | - | - | - | -24753 | -6447 | - | - |
| stockBasedCompensation | - | - | - | - | 755.52K | 311.85K | - | - |
| changeInWorkingCapital | 15786 | 11750 | 310.7K | 390.94K | -601.94K | 96179 | -20263 | -406 |
| accountsReceivables | -558 | 2326 | 16465 | 216.81K | -175.14K | -57620 | -3337 | - |
| inventory | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - |
| otherWorkingCapital | 16344 | 9424 | 294.24K | 174.13K | -426.8K | 153.8K | -16926 | -406 |
| otherNonCashItems | 184.13K | 142.8K | 131.52K | 60026 | 1.4M | 848.82K | 44000 | 7181 |
| netCashProvidedByOperatingActivities | -6312 | -53747 | -285.32K | -1.8M | -3.29M | -640.51K | -263.98K | - |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | 25000 | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | -752.85K | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | 307.31K | 445.54K | - | - | - | - |
| netCashProvidedByInvestingActivities | - | 25000 | 307.31K | 445.54K | -752.85K | - | - | - |
| netDebtIssuance | - | - | -24237 | -13861 | - | 526.55K | - | - |
| longTermNetDebtIssuance | - | - | -24237 | -13861 | - | 526.55K | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | 571K | 3.79M | 714.4K | 689.77K | - |
| netCommonStockIssuance | - | - | - | 571K | 3.79M | 714.4K | 689.77K | - |
| commonStockIssuance | - | - | - | 571K | 3.79M | 714.4K | 689.77K | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | - | 67750 | - | - | - |
| netCashProvidedByFinancingActivities | - | - | -24237 | 557.14K | 3.86M | 1.24M | 689.77K | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | -4361 | 4361 | 4362 | 4362 | 4361 | 4361 | 4361 |
| grossProfit | - | - | - | 4361 | -4361 | -4362 | -4362 | -4361 | -4361 | -4361 |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 77685 | 41706 | 1920 | 1292 | 6049 | 21571 | 3877 | 6507 | 10505 | -32266 |
| sellingAndMarketingExpenses | 18192 | 5840 | 3150 | 5339 | 3538 | 3225 | 17382 | 2350 | 9888 | 11750 |
| sellingGeneralAndAdministrativeExpenses | 95877 | 47546 | 5070 | 6631 | 9587 | 24796 | 21259 | 8857 | 20393 | -20516 |
| otherExpenses | 314.82K | 80422 | 36621 | 23940 | 39441 | 39617 | 93776 | 30643 | 42324 | 98587 |
| operatingExpenses | 410.7K | 127.97K | 41691 | 30571 | 49028 | 64413 | 115.04K | 39500 | 62717 | 78071 |
| costAndExpenses | 410.7K | 127.97K | 41691 | 26210 | 49028 | 64413 | 86334 | 43861 | 67079 | 82432 |
| netInterestIncome | - | - | - | - | 25000 | - | - | - | - | 5 |
| interestIncome | - | - | - | - | 25000 | - | - | - | - | 5 |
| interestExpense | - | - | - | - | - | - | - | - | - | - |
| depreciationAndAmortization | - | - | - | - | 4361 | 4362 | 4361 | 4361 | 4361 | 4361 |
| ebitda | -410.7K | -127.97K | -41691 | -26210 | -44667 | -60051 | -121.18K | -99500 | 62282 | -78066 |
| ebit | -410.7K | -127.97K | -41691 | -26210 | -49028 | -64413 | -125.54K | -103.86K | 57921 | -82427 |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - | - | 4361 | -125K | -3 |
| operatingIncome | -410.7K | -127.97K | -41691 | -26210 | -49028 | -64413 | -119.4K | -43298 | -67080 | -82430 |
| totalOtherIncomeExpensesNet | - | 13673 | - | -978 | 25000 | 14005 | -10000 | -60000 | 125K | 5 |
| incomeBeforeTax | -410.7K | -114.3K | -41691 | -26210 | -24028 | -50408 | -129.4K | -103.86K | 57921 | -82427 |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -410.7K | -114.3K | -41691 | -26210 | -24028 | -50408 | -129.4K | -103.86K | 57921 | -82427 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -410.7K | -114.3K | -41691 | -26210 | -24028 | -50408 | -129.4K | -103.86K | 57921 | -82427 |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -410.7K | -114.3K | -41691 | -26210 | -24028 | -50408 | -129.4K | -103.86K | 57921 | -82427 |
| eps | -0.04 | -0.03 | -0.01 | -0.01 | -0.01 | -0.01 | -0.03 | -0.02 | 0.01 | -0.02 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 99847 | 2976 | 1612 | 3240 | 5015 | 9288 | 2416 | 17452 | 21479 | 38035 |
| shortTermInvestments | - | - | - | - | - | - | 30000 | 40000 | 100000 | - |
| cashAndShortTermInvestments | 99847 | 2976 | 1612 | 3240 | 5015 | 9288 | 32416 | 57452 | 121.48K | 38035 |
| netReceivables | 5527 | 1459 | 555 | 1254 | 29577 | 901 | 12067 | 1931 | 7402 | 3227 |
| accountsReceivables | - | - | - | 1254 | 25396 | 396 | 396 | 1931 | 7402 | 3227 |
| otherReceivables | 5527 | 1459 | 555 | - | 4181 | 505 | 11671 | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | 5737 | 4261 | 5349 | 2132 | 3345 | 4543 | 5768 | 7191 | 7701 | 8817 |
| otherCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalCurrentAssets | 111.11K | 8696 | 7516 | 6627 | 37937 | 14732 | 50251 | 66574 | 136.58K | 50079 |
| propertyPlantEquipmentNet | - | - | - | - | 39251 | 43612 | 47974 | 52335 | 56696 | 61057 |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | - | - | - | - | 39251 | 43612 | 47974 | 52335 | 56696 | 61057 |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 111.11K | 8696 | 7516 | 6627 | 77188 | 58344 | 98225 | 118.91K | 193.28K | 111.14K |
| totalPayables | - | - | 231.51K | 435.76K | 248.01K | 383.26K | 366K | 122.74K | 114.97K | 194.67K |
| accountPayables | - | - | 231.51K | 428.11K | 242.86K | 378.11K | 366K | 122.74K | 114.97K | 194.67K |
| otherPayables | - | - | - | 7650 | 5150 | 5150 | - | - | - | - |
| accruedExpenses | - | - | 233.5K | - | 182.5K | - | - | - | - | - |
| shortTermDebt | 95354 | 297.86K | - | 7650 | 24736 | 23924 | 17991 | 17237 | 16441 | 15640 |
| capitalLeaseObligationsCurrent | - | - | - | - | 19586 | 18774 | 17991 | 17237 | 16441 | 15641 |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 162.88K | 295.96K | 13334 | -7650 | -24736 | -23924 | -15469 | 115.76K | 91059 | -15640 |
| totalCurrentLiabilities | 258.23K | 593.82K | 478.34K | 435.76K | 450.1K | 402.04K | 386.51K | 272.98K | 238.91K | 210.31K |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | 30015 | 35206 | 40207 | 45024 | 49602 | 53980 |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | - | - | - | - | 30015 | 35207 | 40207 | 45024 | 49602 | 53980 |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | 49601 | 53980 | 58198 | 62261 | 66043 | 69621 |
| totalLiabilities | 258.23K | 593.82K | 478.34K | 435.76K | 480.11K | 437.24K | 426.72K | 318K | 288.51K | 264.29K |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 8.25M | 7.49M | 7.49M | 7.49M | 7.49M | 7.49M | 7.49M | 7.49M | 7.49M | 7.49M |
| retainedEarnings | -10.85M | -10.44M | -10.33M | -10.28M | -10.26M | -10.23M | -10.18M | -10.05M | -9.95M | -10.01M |
| additionalPaidInCapital | 2.36M | 2.36M | 2.36M | 2.09M | 2.09M | 2.09M | 2.09M | 2.09M | 2.09M | 2.09M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -410.7K | -114.3K | -41691 | -74266 | 24028 | -50.41 | -129.4K | -103.86K | 57921 | -82427 |
| depreciationAndAmortization | - | -4361 | - | - | 4361 | 4.36 | 4361 | 4361 | 4361 | 4361 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -5544 | 8062 | 3167 | 34785 | 19774 | 15.02 | 104.06K | 39255 | 24740 | 48115 |
| accountsReceivables | -4068 | -904 | 700 | 28322 | -28676 | 11.17 | -10136 | 5471 | -4175 | 9337 |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | 110.25K | - | - | - |
| otherWorkingCapital | -1476 | 8966 | 2467 | 6463 | 48450 | 3.85 | 3945 | 33784 | 28915 | 38778 |
| otherNonCashItems | -335.58K | 95259 | 36896 | 48056 | -46087 | -5.81 | 12285 | 62430 | -97434 | 11515 |
| netCashProvidedByOperatingActivities | -751.83K | -15335 | -1628 | 8575 | 2076 | -36.83 | -8688 | 2186 | -10412 | -18436 |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | 25000 | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | -24975 | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | 25 | - | - | - | - |
| netDebtIssuance | - | - | - | -10350 | -6349 | - | -6348 | -6213 | -6144 | -14961 |
| longTermNetDebtIssuance | - | - | - | -10350 | -6349 | - | -6348 | -6213 | -6144 | -14961 |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | 848.7K | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | 848.7K | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | 848.7K | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | 16699 | - | - | - | 18.7 | - | - | - | - |
| netCashProvidedByFinancingActivities | 848.7K | 16699 | - | -10350 | -6349 | 18.7 | -6348 | -6213 | -6144 | -14961 |