Purebase Corp (PUBC)
Headquartered in Ione, California, Purebase Corporation operates as an industrial mineral and natural resource enterprise. The company primarily serves the agriculture and construction materials sectors within the United States, while also distributing its products internationally to Vietnam, Laos, and Cambodia. Its product portfolio features PureBase Shade Advantage WP, a naturally derived mineral protectant for plants that minimizes sunburn damage from UV and infrared light. Purebase also offers a selection of humic acid products and manufactures private label goods for other agricultural businesses. Established in 2010, the company adopted its current name, Purebase Corporation, in January 2015, having previously operated as Port of Call Online, Inc.
Sector: Agricultural Chemicals
Industry: Agricultural Inputs
PureBase Corporation
OTC:PUBCBasic Materials · Industrial Materials
$0.0006
Mkt Cap$167K
Float168.49M
O/S277.97M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$285K
Net Income-$2.28M
Total Assets$225K
Free Cash Flow-$1.11M
Debt & Equity
Total Debt$705K
Total Equity-$929K
Shares Outstanding
Short Interest
Split History2 splits
- 2:1Forward splitJun 17, 20151 share → 2
- 8:1Forward splitNov 13, 20141 share → 8
Balance Sheet Details
Assets$225K
Liabilities$1.15M
Accounts Receivable$0
Accounts Payable$233K
Inventory$0
PP&E (Net)$175K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | 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 | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-12-31 | 2012-12-31 |
| Revenue | $285K | $311K | $326K | $472K | $369K | $169K | $362K | $564K | $485K | $178K | $52K | $0 | $0 | $0 |
| YoY Growth | -8.1% | -4.7% | -30.9% | 27.7% | 118.1% | -53.2% | -35.9% | 16.4% | 172.8% | 242.4% | - | - | - | - |
| Cost of Revenue | $73K | $81K | $96K | $132K | $0 | $0 | $0 | $212K | $14K | $12K | $0 | $0 | $0 | $0 |
| Gross Profit | $213K | $230K | $230K | $339K | $369K | $169K | $362K | $352K | $471K | $166K | $52K | $0 | $0 | $0 |
| Gross Margin | 74.4% | 74.0% | 70.5% | 72.0% | 100.0% | 100.0% | 100.0% | 62.4% | 97.2% | 93.2% | 100.0% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.69M | $1.61M | $8.93M | $32.88M | $8.5M | $1.43M | $1.5M | $1.45M | $2.34M | $2.5M | $1.07M | $789K | $39K | $3K |
| Other | $0 | $0 | $0 | $132K | $108K | $77K | $213K | $26 | $22 | $14 | $293K | $0 | $0 | $0 |
| Total Operating Expenses | $1.69M | $1.61M | $8.93M | $33.02M | $8.61M | $1.5M | $1.71M | $1.66M | $2.61M | $2.72M | $1.36M | $817K | $39K | $3K |
| Operating Income (EBIT) | -$1.48M | -$1.38M | -$8.7M | -$32.54M | -$8.24M | -$1.54M | -$1.35M | -$1.1M | $1.58M | -$2.55M | -$1.31M | -$801K | -$39K | -$3K |
| Operating Margin | -518.4% | -442.9% | -2670.6% | -6900.7% | -2230.0% | -906.3% | -373.0% | -194.1% | 325.9% | -1437.6% | -2524.5% | - | - | - |
| Interest Expense | $404K | $100K | $77K | $40K | $92K | $16K | $553K | $69K | $90K | $213K | $135K | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40K | $0 | $0 |
| Other Income (Expense) | -$798K | -$100K | -$385K | -$38K | -$68K | $30K | -$1.78M | -$69K | $473K | -$148K | -$102K | -$133K | $0 | $0 |
| Income Before Tax (EBT) | -$2.28M | -$1.48M | -$9.09M | -$32.58M | -$8.31M | -$1.51M | -$3.13M | -$1.16M | -$1.67M | -$2.7M | -$1.41M | -$857K | -$39K | -$3K |
| Income Tax Expense | $2K | $2K | $0 | $0 | $0 | $0 | $0 | $0 | -$602K | -$1K | $0 | $0 | $0 | $0 |
| Net Income | -$2.28M | -$1.48M | -$9.09M | -$32.58M | -$8.4M | -$1.57M | -$3.69M | -$1.16M | -$1.63M | -$2.63M | -$1.41M | -$857K | -$39K | -$3K |
| Net Income Margin | -798.7% | -475.8% | -2788.6% | -6907.7% | -2273.3% | -925.3% | -1018.5% | -206.4% | -336.2% | -1477.2% | -2721.4% | - | - | - |
| Supplementary Data | ||||||||||||||
| EPS | -0.01 | -0.01 | -0.04 | -0.14 | -0.04 | -0.01 | -0.02 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.00 | -0.00 |
| Diluted EPS | -0.01 | -0.01 | -0.04 | -0.14 | -0.04 | -0.01 | -0.02 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.00 | -0.00 |
| Weighted Average OS | 263.38M | 245.36M | 230.73M | 228.30M | 215.17M | 214.85M | 155.01M | 141.35M | 141.35M | 141.04M | 137.53M | 91.73M | 48.80M | 48.80M |
| EBITDA | -$1.47M | -$1.37M | -$9.01M | -$32.54M | -$8.22M | -$1.49M | -$2.58M | -$1.09M | -$1.57M | -$2.48M | -$1.27M | -$877K | -$39K | -$3K |
| EBITDA Margin | -516.4% | -442.0% | -2765.0% | -6899.2% | -2223.6% | -878.5% | -712.4% | -192.4% | -323.1% | -1394.3% | -2437.9% | - | - | - |
Balance Sheet
| Period | 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 | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $5K | $28K | $6K | $19K | $132K | $7K | $8K | $8K | $6K | $556K | $66K | $172K | $400 | $40K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $5K | $28K | $6K | $19K | $132K | $7K | $8K | $8K | $6K | $556K | $66K | $172K | $400 | $40K |
| Accounts Receivable | $0 | $0 | $0 | $0 | $2K | $3K | $17K | $8K | $61K | $59K | $30K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | $0 | $0 | -$30K | -$41K | $0 | $0 |
| Other Current Assets | $44K | $20K | $15K | $5K | $5K | $5K | $5K | $8K | $6K | $38K | $0 | $10K | $0 | $0 |
| Total Current Assets | $49K | $48K | $21K | $24K | $139K | $15K | $30K | $24K | $73K | $653K | $97K | $270K | $400 | $40K |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $175K | $749K | $791K | $700K | $636K | $620K | $201K | $203K | $213K | $220K | $232K | $244K | $256K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $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 |
| Other Long-Term Assets | $0 | $0 | $0 | -$700K | -$636K | -$620K | -$201K | $0 | $0 | $75K | $75K | $0 | -$255 | $0 |
| Total Long-Term Assets | $175K | $749K | $791K | $700K | $636K | $620K | $201K | $203K | $213K | $295K | $307K | $244K | $1K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $225K | $797K | $812K | $723K | $775K | $635K | $231K | $227K | $286K | $947K | $404K | $514K | $2K | $40K |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $233K | $40K | $315K | $30K | $3K | $85K | $265K | $60K | $81K | $160K | $65K | $59K | $1K | $0 |
| Short-Term Debt | $705K | $972K | $374K | $90K | $1.08M | $153K | $158K | $1.02M | $1.02M | $1.02M | $1.12M | $200K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $883K | $1.17M | $79K | $0 | $0 | $2.08M | $149K | $0 | $0 | $0 |
| Other Current Liabilities | $148K | $75K | $738K | $457K | $1.26M | $1.53M | $520K | $4.06M | $2.69M | $2.1M | $115K | $0 | $0 | $0 |
| Total Current Liabilities | $1.15M | $1.14M | $1.51M | $644K | $2.38M | $1.81M | $977K | $5.22M | $4.32M | $3.76M | $1.39M | $307K | $1K | $0 |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $618K | $1.53M | $611K | $580K | $129K | $0 | $0 | $0 | $0 | $0 | $1M | $0 | $0 |
| Long-Term Unearned Revenue | $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 |
| Other Long-Term Liabilities | $0 | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $648K | $1.53M | $652K | $580K | $129K | $0 | $1.08M | $1.11M | $1.19M | $1.18M | $1M | $680 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.08M | -$1.11M | -$1.19M | -$1.18M | $0 | -$680K | $0 |
| Total Liabilities | $1.15M | $1.79M | $3.04M | $1.3M | $2.96M | $1.94M | $977K | $5.22M | $4.32M | $3.76M | $1.39M | $1.31M | $1K | $0 |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $115 | $0 |
| Common Stock | $279K | $250K | $231K | $160K | $145K | $145K | $138K | $71K | $71K | $71K | $71K | $46K | $3K | $3K |
| Retained Earnings | -$66.49M | -$64.21M | -$62.73M | -$53.64M | -$21.06M | -$12.75M | -$11.25M | -$8.12M | -$6.95M | -$5.32M | -$2.7M | -$1.28M | -$46K | -$8K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$64K | -$54K | -$40K | -$28K | $0 | -$115 | $0 |
| Other Stockholders' Equity | $65.28M | $62.97M | $60.27M | $52.91M | $18.73M | $11.31M | $10.36M | $3.05M | $2.85M | $2.46M | $1.64M | $445K | $44K | $44K |
| Total Equity | -$929K | -$991K | -$2.23M | -$572K | -$2.19M | -$1.3M | -$746K | -$4.99M | -$4.03M | -$2.79M | -$984K | -$793K | $600 | $40K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$27K | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $225K | $797K | $812K | $723K | $775K | $635K | $231K | $227K | $286K | $975K | $404K | $514K | $2K | $40K |
| Supplementary Data | ||||||||||||||
| Total Debt | $705K | $1.59M | $1.94M | $780K | $1.67M | $282K | $158K | $1.02M | $1.02M | $1.02M | $1.12M | $1.2M | $680K | $0 |
| Net Debt | $700K | $1.56M | $1.94M | $761K | $1.54M | $274K | $149K | $1.02M | $1.02M | $469K | $1.05M | $1.03M | $679 | -$40K |
Cash Flow Statement
| Period | 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 | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$2.28M | -$1.48M | -$9.09M | -$32.58M | -$8.31M | -$1.51M | -$3.13M | -$1.16M | -$1.67M | -$2.7M | -$1.41M | -$857K | -$39K | -$3K |
| Depreciation & Amortization | $6K | $3K | $0 | $5K | $456 | $772 | $2K | $10K | $14K | $12K | $12K | $12K | $7K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$44K | $207K | $1.23M | $0 | $0 | $5K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $80K | $21K | $7.39M | $31.62M | $7.42M | $91K | $61K | $203K | $385K | $416K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $2K | $500 | $7K | -$9K | $41K | -$2K | -$59K | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $30K | -$718K | -$120K | -$1.05M | -$1.25M | $0 | $0 | $0 | $0 |
| Accounts Payable | $281K | -$267K | $376K | $79K | $15K | -$30K | $718K | $120K | $1.05M | $1.25M | $0 | $0 | $1K | $0 |
| Other Working Capital | $71K | $89K | -$7K | -$430 | $796 | -$30K | $721K | $118K | $1.06M | $1.22M | $210K | -$10K | -$1K | $0 |
| Total Working Capital Change | $352K | -$178K | $369K | $81K | $16K | -$23K | $712K | $160K | $1.06M | $1.16M | $210K | $94K | -$200 | $0 |
| Other Non-Cash Items | $810K | -$536K | $203K | $36K | $87K | -$36K | $576K | $11K | -$563K | $77K | $19K | $104K | $5K | $0 |
| Net Cash from Operating | -$1.11M | -$2.17M | -$1.12M | -$838K | -$824K | -$1.27M | -$551K | -$780K | -$776K | -$1.03M | -$1.17M | -$751K | -$39K | -$3K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | -$2K | -$131K | $0 | $0 | $0 | $0 | $0 | -$7K | $0 | -$75K | $0 | -$90K | $0 |
| Acquisitions | $175K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$204K | $250K | $0 | $0 | $0 | $0 |
| Purchases of Investments | $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 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$204K | $0 | -$28K | -$88K | -$300K | $0 |
| Net Cash from Investing | $175K | -$2K | -$131K | $0 | $0 | $0 | $0 | $0 | -$211K | $250K | -$28K | -$88K | -$390K | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$812K | -$649K | - | - | $69K | -$173K | $45K | $20K | - | -$45K | -$36K | -$520K | - | - |
| Common Stock Issuance | $0 | $36K | $0 | $0 | $0 | $0 | $101K | $0 | $0 | $0 | $939K | $491K | $0 | $22K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $620K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $515K | $618K | $915K | $755K | $1.02M | $1.09M | $596K | $782K | $438K | $1.33M | $18K | $0 | $1.02M | $0 |
| Net Cash from Financing | $914K | $2.19M | $1.24M | $725K | $948K | $1.26M | $551K | $782K | $438K | $1.52M | $1.09M | $1.01M | $1.02M | $22K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$23K | $23K | -$13K | -$113K | $125K | -$950 | $119 | $2K | -$549K | $489K | -$105K | $172K | -$39K | $19K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$1.11M | -$2.17M | -$1.12M | -$838K | -$824K | -$1.27M | -$551K | -$780K | -$776K | -$1.03M | -$1.17M | -$751K | -$39K | -$3K |
| Capital Expenditure | $3 | -$2K | -$131K | $0 | $0 | $0 | $0 | $0 | -$7K | $0 | -$75K | $0 | -$90K | $0 |
| Free Cash Flow | -$1.11M | -$2.17M | -$1.26M | -$838K | -$824K | -$1.27M | -$551K | -$780K | -$783K | -$1.03M | -$1.25M | -$751K | -$129K | -$3K |
| Cash at Beginning | $28K | $6K | $19K | $132K | $7K | $8K | $8K | $6K | $556K | $66K | $172K | $0 | $40K | $20K |
| Cash at End | $5K | $28K | $6K | $19K | $132K | $7K | $8K | $8K | $6K | $556K | $66K | $172K | $400 | $40K |