INTERNATIONAL BATTERY METALS LTD. (IBATF)
International Battery Metals Ltd. operates as a technology company, dedicated to innovating methods for extracting and processing lithium from diverse sources. A core aspect of its operations involves recovering lithium from oil field brines, particularly for its petro-lithium extraction initiatives. Beyond this, the firm also develops its own lithium resource properties. Established in 2010, the company, formerly known as Rheingold Exploration Corp., adopted its current name in August 2017 and maintains its headquarters in Vancouver, Canada.
Sector: Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industry: Industrial Materials
International Battery Metals Ltd
OTC:IBATFBasic Materials · Industrial Materials
-5.72%$0.0560
Mkt Cap$21.22M
Float95.41M
O/S379M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$163K
Net Income$121K
Total Assets$56.07M
Free Cash Flow-$12.79M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$325K
Total Equity$45.72M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IBATF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$56.07M
Liabilities$10.34M
Accounts Receivable$649K
Accounts Payable$1.09M
Inventory$1.45M
PP&E (Net)$37.68M
Goodwill$0
Intangible Assets$3.37M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | 2011-01-31 |
| Revenue | $163K | $871K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | -81.3% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $5.16M | $2.63M | $1.07M | $1.43M | $1.38M | $677K | $735K | $543K | $219 | $267 | $595 | $407 | $0 | $0 | $0 | $0 |
| Gross Profit | -$5M | -$1.76M | -$1.07M | -$1.43M | -$1.38M | -$677K | -$735K | -$543K | -$219 | -$267 | -$595 | -$406 | $0 | $0 | $0 | $0 |
| Gross Margin | -3068.9% | -201.7% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $103K | $16K | $834K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $8.41M | $9.22M | $9.45M | $10.13M | $2.55M | $5.83M | $1.72M | $4.64M | $2.5M | $103K | $150K | $143K | $142K | $239K | $81K | $148 |
| Other | -$103K | $4.21M | $283K | -$213K | $144K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $8.41M | $13.45M | $10.57M | $9.92M | $2.69M | $5.83M | $1.72M | $4.64M | $2.5M | $103K | $150K | $143K | $142K | $239K | $81K | $148 |
| Operating Income (EBIT) | -$13.41M | -$15.2M | -$10.52M | -$11.34M | -$4.08M | -$6.51M | -$2.47M | -$5.18M | -$2.5M | -$105K | -$150K | -$143K | -$142K | -$239K | -$82K | -$147 |
| Operating Margin | -8227.4% | -1745.5% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $31K | $49K | $5K | $10K | $143K | $75K | $1K | $323 | $90 | $116 | $112 | $693 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $13.53M | $11.81M | $2.07M | $0 | $0 | -$7.87M | $99K | -$162K | -$471K | -$2K | -$3K | -$231K | -$18K | -$5K | $0 | $0 |
| Income Before Tax (EBT) | $121K | -$3.4M | -$8.45M | -$5.07M | $187K | -$14.38M | -$2.37M | -$5.35M | -$2.97M | -$106K | -$153K | -$374K | -$160K | -$244K | -$82K | -$148 |
| Income Tax Expense | $0 | $0 | $0 | -$3 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$18K | -$5K | $0 | $0 |
| Net Income | $121K | -$3.4M | -$8.45M | -$4.96M | $187K | -$14.38M | -$2.37M | -$5.35M | -$2.97M | -$106K | -$153K | -$374K | -$160K | -$244K | -$82K | -$147 |
| Net Income Margin | 74.4% | -390.1% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||
| EPS | 0.00 | -0.01 | -0.04 | -0.03 | 0.00 | -0.19 | -0.04 | -0.13 | -0.14 | -0.01 | -0.01 | -0.03 | -0.01 | -0.03 | -0.02 | 0.00 |
| Diluted EPS | 0.00 | -0.01 | -0.04 | -0.03 | 0.00 | -0.19 | -0.04 | -0.13 | -0.14 | -0.01 | -0.01 | -0.03 | -0.01 | -0.03 | -0.02 | 0.00 |
| Weighted Average OS | 306.23M | 238.43M | 204.22M | 142.10M | 126.03M | 73.83M | 53.73M | 40.07M | 20.77M | 13.88M | 12.77M | 11.30M | 11.27M | 8.75M | 4.18M | 3.35M |
| EBITDA | -$10.32M | -$12.57M | -$9.45M | -$9.92M | -$2.69M | -$5.83M | -$1.72M | -$4.64M | -$2.5M | -$103K | -$150K | -$160K | $72K | -$239K | -$81K | -$147 |
| EBITDA Margin | -6334.3% | -1443.7% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $12.5M | $10.74M | $756K | $407K | $336K | $212K | $393K | $411K | $231K | $238K | $3K | $31K | $188K | $351K | $190K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $12.5M | $10.74M | $756K | $407K | $336K | $212K | $393K | $411K | $231K | $238K | $3K | $31K | $188K | $351K | $190K |
| Accounts Receivable | $649K | $459K | $105K | $61K | $12K | $6K | $9K | $78K | $25K | $14K | $6K | $29K | $29K | $25K | $2K |
| Inventory | $1.45M | $1.06M | $225K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$29K | -$29K | -$25K | $0 |
| Other Current Assets | $242K | $157K | $7K | $372K | $5K | $107K | $5K | $77K | $24K | $1K | $1K | $57K | $29K | $27K | $5 |
| Total Current Assets | $15.02M | $12.53M | $1.09M | $840K | $354K | $325K | $406K | $565K | $280K | $253K | $9K | $88K | $217K | $378K | $192K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $37.68M | $28.68M | $21.25M | $35.21M | $24.13M | $4.16M | $5K | $0 | $0 | $219 | $486 | $1K | $187K | $179K | $158K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $3.37M | $3.27M | $3.2M | $7.32M | $8.34M | $4.83M | $5.5M | $6.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $286K | $0 | $230K | $238K | $0 | $703K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $41.05M | $31.95M | $24.45M | $42.82M | $32.47M | $9.22M | $5.75M | $6.17M | $703K | $219 | $486 | $1K | $187K | $179K | $158K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $56.07M | $44.48M | $25.54M | $43.66M | $32.83M | $9.55M | $6.15M | $6.74M | $983K | $254K | $10K | $89K | $404K | $557K | $351K |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $1.09M | $1.29M | $2.2M | $2.38M | $6.7M | $353K | $546K | $130K | $110K | $48K | $18K | $46K | $10K | $8K | $0 |
| Short-Term Debt | $133K | $0 | $49K | $129K | $0 | $0 | $6K | $0 | $72K | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $95K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $689K | $679K | -$261K | $4K | $0 | $4.24M | $993K | $0 | $0 | $0 | $13K | $0 | $2K | $6K | $14 |
| Total Current Liabilities | $1.91M | $2.59M | $2.63M | $2.91M | $19.68M | $4.83M | $1.73M | $508K | $237K | $56K | $39K | $68K | $24K | $23K | $6K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $96K | $0 | $0 | $91K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $8.24M | $15.15M | $4.37M | $700K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $8.43M | $15.29M | $4.36M | $790K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.34M | $17.89M | $6.98M | $3.7M | $19.68M | $4.83M | $1.73M | $508K | $237K | $56K | $39K | $68K | $24K | $23K | $6K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $92.49M | $66.16M | $46.93M | $77.23M | $26.95M | $23.56M | $12.11M | $11M | $2.66M | $925K | $827K | $772K | $772K | $766K | $0 |
| Retained Earnings | -$46.77M | -$39.57M | -$26.55M | -$37.27M | -$24.81M | -$24.99M | -$10.9M | -$9.31M | -$4.09M | -$1.12M | -$1.01M | -$860K | -$486K | -$326K | -$82K |
| Comprehensive Income & Other | $0 | $0 | $0 | $15.63M | $11M | $6.15M | $3.21M | $4.54M | $2.18M | $389K | $154K | $106K | $90K | $90K | $21K |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $11M | $6.15M | $3.21M | $4.54M | $2.18M | $392K | $157K | $109K | $93K | $93K | $427K |
| Total Equity | $45.72M | $26.59M | $20.39M | $39.96M | $13.15M | $4.72M | $4.42M | $6.23M | $746K | $198K | -$29K | $22K | $380K | $534K | $345K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $56.07M | $44.48M | $27.37M | $43.66M | $32.83M | $9.55M | $6.15M | $6.74M | $983K | $254K | $10K | $89K | $404K | $557K | $351K |
| Supplementary Data | |||||||||||||||
| Total Debt | $325K | $232K | $67K | $219K | $0 | $0 | $6K | $0 | $72K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$12.18M | -$10.51M | -$706K | -$188K | -$336K | -$212K | -$388K | -$411K | -$159K | -$238K | -$3K | -$31K | -$188K | -$351K | -$190K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 | 2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 |
| Operating Activities | |||||||||||||||
| Net Income | $7.63M | -$3.52M | -$6.27M | -$4.96M | $187K | -$14.38M | -$2.37M | -$5.35M | -$2.41M | -$106K | -$153K | -$374K | -$160K | -$244K | -$82K |
| Depreciation & Amortization | $3.08M | $2.63M | $1.07M | $1.43M | $1.38M | $677K | $735K | $543K | $225 | $267 | $595 | $410 | $214K | $5 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | -$2.91M | -$3.23M | -$5.88M | $0 | -$1.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $574K | $1.77M | $2.13M | $3K | $457K | $4.53M | $0 | $826K | $1.09M | $0 | $0 | $16K | $0 | $53K | $21K |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | $422K | -$337K | -$76K | -$36K | -$6K | $3K | $69K | -$53K | -$11K | -$3K | $21K | -$25K | -$4K | -$19K | -$2K |
| Inventory | $9K | -$1.06M | $0 | $0 | -$1.35M | -$315K | -$185K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$248K | -$810K | -$36K | $0 | $1.35M | $315K | $185K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $24K | $63K | $143K | -$1.26M | $1.45M | $213K | $258K | $278K | -$23K | $69K | $571 | -$3K | $3K | $12K | $6K |
| Total Working Capital Change | $166K | -$2.15M | $31K | -$1.29M | $1.44M | $216K | $327K | $225K | -$34K | $65K | $22K | -$28K | -$1K | -$8K | $4K |
| Other Non-Cash Items | -$21.12M | -$12.19M | -$2.88M | -$483K | -$1.01M | $13.67M | -$55K | $2.1M | $19K | $2K | $3K | $257K | -$196K | $5K | $0 |
| Net Cash from Operating | -$9.67M | -$13.46M | -$5.91M | -$8.22M | -$769K | -$1.16M | -$1.37M | -$3.61M | -$1.33M | -$39K | -$129K | -$128K | -$143K | -$194K | -$57K |
| Investing Activities | |||||||||||||||
| Capital Expenditures | -$587K | -$1.28M | -$1.93M | -$4.26M | -$1.3M | -$210K | $0 | -$509K | -$1.06M | -$2K | $0 | -$28K | -$20K | -$21K | -$148K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | -$238 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $186K | -$45K | -$683K | $0 | $0 | $0 | -$238K | $0 | $7K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$401K | -$1.33M | -$2.61M | -$4.26M | -$1.3M | -$210K | -$238K | -$509K | -$1.05M | -$2K | $0 | -$28K | -$20K | -$21K | -$148K |
| Financing Activities | |||||||||||||||
| Debt Repaid | - | - | - | $69K | - | $6K | $67K | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $14.93M | $23.02M | $9.21M | $3.25M | $2.19M | $1.2M | $1.66M | $4.51M | $2.19M | $276K | $100K | $0 | $0 | $373K | $395K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$6.41M | $1.48M | $40K | $76K | $885 | -$956 | $1K | -$4K | -$17K | -$22 | $295 | $0 | $0 | $3K | $988 |
| Net Cash from Financing | $8.52M | $24.49M | $9.25M | $3.25M | $2.19M | $1.2M | $1.59M | $4.31M | $2.37M | $276K | $100K | $0 | $0 | $376K | $395K |
| Forex Effect | $0 | $0 | $0 | $9.27M | $4K | -$9K | -$5K | -$7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.55M | $9.71M | $724K | $50K | $124K | -$181K | -$18K | $179K | -$7K | $236K | -$29K | -$156K | -$164K | $161K | $189K |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | -$12.21M | -$13M | -$5.88M | -$8.22M | -$769K | -$1.16M | -$1.37M | -$3.61M | -$1.33M | -$39K | -$129K | -$128K | -$143K | -$194K | -$57K |
| Capital Expenditure | -$582K | -$1.28M | -$1.93M | -$4.26M | -$1.3M | -$210K | $0 | -$509K | -$1.05M | -$2K | $0 | -$28K | -$20K | -$21K | -$148K |
| Free Cash Flow | -$12.79M | -$14.29M | -$6.28M | -$12.47M | -$2.07M | -$1.37M | -$1.37M | -$4.12M | -$2.38M | -$40K | -$129K | -$156K | -$164K | -$215K | -$206K |
| Cash at Beginning | $10.74M | $1.03M | $222K | $358K | $212K | $393K | $411K | $231K | $238K | $3K | $31K | $188K | $351K | $190K | $2K |
| Cash at End | $9.19M | $10.74M | $756K | $407K | $336K | $212K | $393K | $411K | $231K | $238K | $3K | $31K | $188K | $351K | $190K |