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BTQ Technologies Corp.

EDGAR

BTQ Report (type unavailable) · filed 2026-10-09

Annual consolidated revenue for 2025: about CAD 315.5K, using the latest reported figures. The previous period, 2024, was about CAD 666.7K.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest fiscal year

Revenue

315 thousand CAD

2025 · CAD

Exact inputs and evidence

Revenue: 315497 CAD Source

Operating margin

-7,938.94%

2025 · %

Exact inputs and evidence

Operating Income: -25047103 CAD Source
Revenue: 315497 CAD Source

Operating cash flow

-15 million CAD

2025 · CAD

Exact inputs and evidence

Operating Cash Flow: -15008504 CAD Source

Free cash flow

-15 million CAD

2025 · CAD

Exact inputs and evidence

Operating Cash Flow: -15008504 CAD Source
Capital Expenditure: 21337 CAD Source

Cash and cash equivalents: 20.9 million CAD 2025-12-31 Source
Exact value

20939224 CAD
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-09.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 2 of 11 periods available· newest 2025-12-31
Operating income: 2 of 11 periods available· newest 2025-12-31
net income: No compatible figures in this window
Operating cash flow: 2 of 11 periods available· newest 2025-12-31
Capital expenditure: 2 of 11 periods available· newest 2025-12-31
Total assets: 2 of 11 periods available· newest 2025-12-31
Total liabilities: 2 of 11 periods available· newest 2025-12-31
Current assets: 2 of 11 periods available· newest 2025-12-31
current liabilities: No compatible figures in this window
Cash and cash equivalents: 2 of 11 periods available· newest 2025-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-52.7%

Prior period

CAD 666,667

2024-01-01 – 2024-12-31
Current period

CAD 315,497

2025-01-01 – 2025-12-31

Exact inputs and evidence

315497 − 666667 = -351170 CAD

666667 CAD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
315497 CAD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · BTQ Technologies Corp. · 2025-12-31 BTQ Technologies Corp. (edgar:1821866) Year-over-year change in Revenue: -351170 CAD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 315497 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#995886 Filing: 000106299326002239 Input fundies:Revenue: 666667 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#997046 Filing: 000106299326002239
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−CAD 10.31 million

Prior period

−CAD 4.7 million

2024-01-01 – 2024-12-31
Current period

−CAD 15.01 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-15008504 − -4695569 = -10312935 CAD

-4695569 CAD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-15008504 CAD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · BTQ Technologies Corp. · 2025-12-31 BTQ Technologies Corp. (edgar:1821866) Year-over-year change in Operating cash flow: -10312935 CAD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -15008504 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#193530 Filing: 000106299326002239 Input fundies:OperatingCashFlow: -4695569 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#193786 Filing: 000106299326002239
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+CAD 21,337

Prior period

CAD 0

2024-01-01 – 2024-12-31
Current period

CAD 21,337

2025-01-01 – 2025-12-31

Exact inputs and evidence

21337 − 0 = 21337 CAD

0 CAD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
21337 CAD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · BTQ Technologies Corp. · 2025-12-31 BTQ Technologies Corp. (edgar:1821866) Year-over-year change in Capital expenditure: 21337 CAD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 21337 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#196801 Filing: 000106299326002239 Input fundies:CapitalExpenditure: 0 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#197109 Filing: 000106299326002239
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue CAD 315,497 100% of revenue
Operating costs Derived CAD 25.36 million 8,039% of revenue
Operating income −CAD 25.05 million −7,939% of revenue
Tax, interest and other Derived Unavailable An input is unavailable.
Net income Unavailable An input is unavailable.

Cash

Operating cash flow −CAD 15.01 million −4,757% of revenue
Capital expenditure CAD 21,337 6.8% of revenue
Free cash flow Derived −CAD 15.03 million −4,764% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2024 Not shown: operating income or net income is not reported.
2025 Not shown: operating income or net income is not reported.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2024 2024-01-01 – 2024-12-31	666667	6377678 Derived	-5711011	Unavailable	Unavailable	-4695569 Derived	Source 2024-01-01 – 2024-12-31: 666667 CAD Inspect Revenue Open source 2024-01-01 – 2024-12-31: -5711011 CAD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: -4695569 CAD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 0 CAD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	315497	25362600 Derived	-25047103	Unavailable	Unavailable	-15029841 Derived	Source 2025-01-01 – 2025-12-31: 315497 CAD Inspect Revenue Open source 2025-01-01 – 2025-12-31: -25047103 CAD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -15008504 CAD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 21337 CAD Inspect Capital Expenditure Open source

Amounts are exact, in CAD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

CAD 315.5K 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(CAD)	Source evidence
20242024-12-31	Revenue	666667	Revenue: 666667 Open source
20252025-12-31	Revenue	315497	Revenue: 315497 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-52.7% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Year over year	No prior comparable period	Revenue: 666667 Open source
20252025-12-31	Year over year	-52.7%	Revenue: 315497 Open source Revenue: 666667 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -7,938.9% 2025

Free cash flow margin -4,763.9% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Operating margin	-856.7%	Operating Income: -5711011 Open source Revenue: 666667 Open source
20252025-12-31	Operating margin	-7,938.9%	Operating Income: -25047103 Open source Revenue: 315497 Open source
2024-12-31	Net margin	Not reported	Revenue: 666667 Open source
2025-12-31	Net margin	Not reported	Revenue: 315497 Open source
20242024-12-31	Free cash flow margin	-704.3%	Revenue: 666667 Open source Operating Cash Flow: -4695569 Open source Capital Expenditure: 0 Open source
20252025-12-31	Free cash flow margin	-4,763.9%	Revenue: 315497 Open source Operating Cash Flow: -15008504 Open source Capital Expenditure: 21337 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

CAD -15M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(CAD)	Source evidence
20242024-12-31	Operating cash flow	-4695569	Operating Cash Flow: -4695569 Open source
20252025-12-31	Operating cash flow	-15008504	Operating Cash Flow: -15008504 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

CAD -15M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(CAD)	Source evidence
20242024-12-31	Free cash flow	-4695569	Operating Cash Flow: -4695569 Open source Capital Expenditure: 0 Open source
20252025-12-31	Free cash flow	-15029841	Operating Cash Flow: -15008504 Open source Capital Expenditure: 21337 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

6.4% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Liabilities / assets	18.4%	Total Liabilities: 1792921 Open source Total Assets: 9731478 Open source
20252025-12-31	Liabilities / assets	6.4%	Total Liabilities: 2176993 Open source Total Assets: 33786999 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Current assets / current liabilities	Not reported	Current Assets: 9624644 Open source
20252025-12-31	Current assets / current liabilities	Not reported	Current Assets: 22416087 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2024 2024-01-01 – 2024-12-31	Unavailable Not reported for this period.	−CAD 4.7 million Exact value Exact value: -4695569 CAD 2024-01-01 – 2024-12-31: -4695569 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · BTQ Technologies Corp. · 2024-12-31 BTQ Technologies Corp. (edgar:1821866) Operating Cash Flow: -4695569 CAD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: -4695569 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#193786 Filing: 000106299326002239 The citation records this snapshot. The page link may show a newer release later.	CAD 0 Exact value Exact value: 0 CAD 2024-01-01 – 2024-12-31: 0 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · BTQ Technologies Corp. · 2024-12-31 BTQ Technologies Corp. (edgar:1821866) Capital Expenditure: 0 CAD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 0 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#197109 Filing: 000106299326002239 The citation records this snapshot. The page link may show a newer release later.	−CAD 4.7 million Calculation and evidence -4695569 − 0 CAD Exact free cash flow: -4695569 CAD 2024-01-01 – 2024-12-31: -4695569 CAD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 0 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · BTQ Technologies Corp. · 2024-12-31 BTQ Technologies Corp. (edgar:1821866) Free cash flow: -4695569 CAD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -4695569 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#193786 Filing: 000106299326002239 Input fundies:CapitalExpenditure: 0 CAD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#197109 Filing: 000106299326002239 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	Unavailable Not reported for this period.	−CAD 15.01 million Exact value Exact value: -15008504 CAD 2025-01-01 – 2025-12-31: -15008504 CAD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · BTQ Technologies Corp. · 2025-12-31 BTQ Technologies Corp. (edgar:1821866) Operating Cash Flow: -15008504 CAD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CAD&dimensions= Input fundies:OperatingCashFlow: -15008504 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#193530 Filing: 000106299326002239 The citation records this snapshot. The page link may show a newer release later.	CAD 21,337 Exact value Exact value: 21337 CAD 2025-01-01 – 2025-12-31: 21337 CAD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · BTQ Technologies Corp. · 2025-12-31 BTQ Technologies Corp. (edgar:1821866) Capital Expenditure: 21337 CAD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=CAD&dimensions= Input fundies:CapitalExpenditure: 21337 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#196801 Filing: 000106299326002239 The citation records this snapshot. The page link may show a newer release later.	−CAD 15.03 million Calculation and evidence -15008504 − 21337 CAD Exact free cash flow: -15029841 CAD 2025-01-01 – 2025-12-31: -15008504 CAD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 21337 CAD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · BTQ Technologies Corp. · 2025-12-31 BTQ Technologies Corp. (edgar:1821866) Free cash flow: -15029841 CAD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T20:19:18Z Snapshot: a3e7f9d5bad1e6a0b0784acd745ffb40e250612bd47e633714f0fedf7a28d07f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1821866?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -15008504 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#193530 Filing: 000106299326002239 Input fundies:CapitalExpenditure: 21337 CAD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1821866/000106299326002239/form40fa_htm.xml#196801 Filing: 000106299326002239 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

52 filings · 111 latest values · 111 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001821866, 1821866, BTQ, edgar:1821866

Also known as BTQ Technologies Corp., Sonora Gold & Silver Corp.

BTQ Technologies Corp.

Latest fiscal year

Revenue

Operating margin

Operating cash flow

Free cash flow

Company performance

What changed year over year

Revenue

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation