World Copper Ltd. (WCUFF)
World Copper Ltd. specializes in identifying and progressing copper deposits, with its operational focus spanning both Chile and the United States. The company possesses an exclusive option to acquire complete ownership of its Chilean assets, known as the Escalones and Cristal projects. Furthermore, it manages the Zonia copper oxide development located in central Arizona. Having previously operated as Wealth Copper Ltd., the company adopted its current name, World Copper Ltd., in July 2020. Its main corporate offices are situated in Vancouver, Canada.
Industry: Copper
World Copper Ltd.
OTC:WCUFFBasic Materials · Copper
+15.02%$0.0766
Mkt Cap$1.17M
Float9.7M
O/S15.24M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$10.77M
Total Assets$3.4M
Free Cash Flow-$2.71M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$841K
Shares Outstanding
Short Interest
Split History3 splits · 3 reverse
2-year cumulative
1:20
Nasdaq bars a compliance period at 1:250
- 1:20Reverse splitJul 17, 202620 shares → 1
- 1:3Reverse splitJun 18, 20213 shares → 1
- 1:3Reverse splitDec 18, 20133 shares → 1
Balance Sheet Details
Assets$3.4M
Liabilities$2.56M
Accounts Receivable$118K
Accounts Payable$984K
Inventory$0
PP&E (Net)$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $4K | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | -$4K | -$4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.09M | $3.21M | $2.48M | $7.3M | $3.62M | $1.15M | $402K | $41K | $42K | $45K | $66K |
| Other | $2.01M | $0 | $0 | $4.11M | -$399K | $143K | $69K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $4.11M | $3.21M | $2.48M | $11.41M | $3.22M | $1.29M | $471K | $41K | $42K | $45K | $66K |
| Operating Income (EBIT) | -$4.11M | -$3.21M | -$2.48M | -$10.34M | -$3.22M | -$1.29M | -$471K | -$41K | -$42K | -$45K | -$66K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $322K | $233K | $491K | $366K | $6K | $18K | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $6K | $272 | $6 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$6.67M | -$16.24M | -$103K | -$1.38M | -$1.33M | -$115K | -$55K | $1 | $0 | $2 | -$2 |
| Income Before Tax (EBT) | -$10.77M | -$19.45M | -$2.58M | -$11.72M | -$4.54M | -$1.4M | -$486K | -$41K | -$42K | -$45K | -$66K |
| Income Tax Expense | $0 | $0 | $24K | $0 | $0 | $0 | -$430 | $0 | $0 | $0 | $0 |
| Net Income | -$10.77M | -$19.45M | -$2.61M | -$11.72M | -$4.54M | -$1.4M | -$486K | -$41K | -$42K | -$45K | -$66K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | -1.20 | -3.00 | -0.60 | -3.20 | -2.80 | -0.92 | -13.00 | -1.08 | -1.11 | -1.21 | -1.75 |
| Diluted EPS | -1.20 | -3.00 | -0.60 | -3.20 | -2.80 | -0.92 | -13.00 | -1.08 | -1.11 | -1.21 | -1.75 |
| Weighted Average OS | 12.50M | 9.01M | 6.10M | 5.03M | 2.24M | 2.14M | 52,788 | 52,788 | 52,788 | 52,788 | 52,788 |
| EBITDA | -$10.45M | -$18.92M | -$951K | -$10.34M | -$1.32M | -$1.4M | $431K | -$41K | -$42K | -$45K | -$66K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-07-31 | 2016-07-31 | 2015-07-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $1.94M | $138K | $10K | $5K | $1.66M | $236K | $119K | $26 | $85 | $79 |
| Short-Term Investments | $1.32M | $0 | $0 | $399K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $3.26M | $138K | $10K | $404K | $1.66M | $236K | $119K | $26 | $85 | $79 |
| Accounts Receivable | $118K | $50K | $66K | $194K | $69K | $25K | $7K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$7 | $0 | $0 | $0 |
| Other Current Assets | $0 | $14.71M | $0 | $0 | $0 | $0 | $7 | $0 | $0 | $0 |
| Total Current Assets | $3.4M | $14.99M | $175K | $917K | $2.11M | $270K | $126K | $26 | $85 | $79 |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $0 | $1 | $30.42M | $30.21M | $4.69M | $3.17M | $2.89M | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $5K | $5K | $58K | $753K | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $5K | $30.43M | $30.27M | $5.44M | $3.17M | $2.89M | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.4M | $14.99M | $30.6M | $31.18M | $7.55M | $3.44M | $3.02M | $26 | $85 | $79 |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $984K | $1.95M | $1.6M | $2.11M | $318K | $536K | $202K | $0 | $0 | $0 |
| Short-Term Debt | $0 | $88K | $3.21M | $1.94M | $9K | $350K | $107K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | -$349 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.57M | $0 | $0 | $0 | $0 | -$350K | $0 | $220 | $137 | $92 |
| Total Current Liabilities | $2.56M | $2.03M | $4.89M | $4.13M | $772K | $886K | $1.12M | $220 | $137 | $92 |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $1.39M | $0 | $903K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $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 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $356K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $1.39M | $0 | $903K | $0 | $356K | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.56M | $3.43M | $4.89M | $5.03M | $772K | $1.24M | $1.12M | $220K | $137K | $92K |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $31.33M | $43.6M | $39.34M | $37.91M | $12.17M | $4.02M | $2.38M | $820K | $820K | $820K |
| Retained Earnings | -$30.54M | -$34.02M | -$15.38M | -$13.42M | -$6.43M | -$1.89M | -$486K | -$1.12M | -$1.04M | -$990K |
| Comprehensive Income & Other | $58K | $1.98M | $1.75M | $1.67M | $1.05M | $18K | $78K | $78K | $78K | $78K |
| Other Stockholders' Equity | $58K | $1.98M | $1.75M | $1.67M | $1.05M | $66K | $1 | $78K | $78K | $78K |
| Total Equity | $841K | $11.57M | $25.71M | $26.15M | $6.78M | $2.2M | $1.89M | -$220K | -$137K | -$92K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.4M | $14.99M | $30.6M | $31.18M | $7.55M | $3.44M | $3.02M | $26 | $85 | $79 |
| Supplementary Data | ||||||||||
| Total Debt | $0 | $1.48M | $3.21M | $2.84M | $9K | $706K | $107K | $0 | $0 | $0 |
| Net Debt | -$1.94M | $1.34M | $3.2M | $2.84M | -$1.65M | -$235K | -$12K | -$26 | -$85 | -$79 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2015 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2015-07-31 |
| Operating Activities | ||||||||
| Net Income | -$10.77M | -$19.45M | -$2.61M | -$11.72M | -$4.54M | -$1.4M | -$486K | -$66K |
| Depreciation & Amortization | $0 | $4K | $4K | $4K | $3.22M | $0 | $431K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | -$300K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $283K | $738K | $61K | $3.49M | $721K | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$67K | $10K | $128K | -$97K | -$44K | -$18K | -$7 | $4K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$359K | $41K | -$236K | $1.54M | -$978K | $335K | $156K | $57K |
| Total Working Capital Change | -$426K | $51K | -$108K | $1.44M | -$1.02M | $317K | $156K | $61K |
| Other Non-Cash Items | $8.21M | $15.87M | $1.28M | $2.57M | -$2.54M | $18K | -$431K | -$4K |
| Net Cash from Operating | -$2.71M | -$2.78M | -$1.37M | -$4.52M | -$4.17M | -$1.07M | -$330K | -$5K |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $0 | -$416K | -$536K | -$265K | -$281K | $0 | $0 |
| Acquisitions | $5.73M | $0 | $0 | -$61K | $272 | $0 | -$50K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $356K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $5K | $0 | $0 | $0 | -$398K | $0 | $0 | $0 |
| Net Cash from Investing | $5.73M | $0 | -$60K | -$597K | -$663K | -$281K | -$50K | $0 |
| Financing Activities | ||||||||
| Debt Repaid | $47K | - | - | $9K | - | - | - | - |
| Common Stock Issuance | $1.13M | $4.92M | $1.45M | $3.98M | $6.97M | $1.69M | $580K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$67K | -$172K | -$14K | -$497K | -$716K | -$225K | -$81K | $0 |
| Net Cash from Financing | -$1.22M | $2.91M | $1.44M | $3.47M | $6.25M | $1.47M | $499K | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.81M | $128K | $5K | -$1.65M | $1.42M | $117K | $119K | -$5K |
| Supplementary Data | ||||||||
| Operating Cash Flow | -$2.71M | -$2.78M | -$1.37M | -$4.52M | -$4.17M | -$1.07M | -$330K | -$5K |
| Capital Expenditure | $0 | $0 | -$416K | -$536K | -$265K | -$281K | $0 | $0 |
| Free Cash Flow | -$2.71M | -$2.78M | -$1.79M | -$5.06M | -$4.43M | -$1.35M | -$330K | -$5K |
| Cash at Beginning | $138K | $10K | $5K | $1.66M | $236K | $119K | $0 | $5K |
| Cash at End | $1.94M | $138K | $10K | $5K | $1.66M | $236K | $119K | $79 |