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ACT Energy Technologies Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 571.8M 545.3M 319.0M 62.5M
Operating Revenue 571.8M 545.3M 319.0M 62.5M
Cost Of Revenue 449.9M 440.0M 248.2M 63.6M
Gross Profit 121.9M 105.3M 70.8M -1.0M
Selling General And Administration 57.1M 56.7M 28.7M 7.9M
General And Administrative Expense 57.1M 56.7M 28.7M 7.9M
Research And Development 2.8M 1.8M 1.3M --
Depreciation And Amortization In Income Statement 10.1M 7.6M 3.0M 535,000
Other Operating Expenses -- 5.4M 1.3M 747,000
Operating Expense 70.0M 71.5M 33.0M 9.2M
Operating Income 51.8M 33.9M 37.8M -10.2M
EBIT 57.5M 29.0M 29.0M -7.6M
Interest Expense 9.7M 8.8M 6.1M 990,000
Interest Expense Non Operating 9.7M 8.8M 6.1M 990,000
Net Interest Income -9.7M -8.8M -6.1M -990,000
Other Income Expense 5.7M -4.9M -8.8M 2.6M
Special Income Charges -3.0M -5.7M -6.6M 2.3M
Restructuring And Mergern Acquisition 0.00 1.3M 4.2M 960,000
Gain On Sale Of Security 8.6M 768,000 -2.2M 277,000
Pretax Income 47.8M 20.2M 23.0M -8.6M
Tax Provision -10.1M 9.6M 4.6M 0.00
Tax Effect Of Unusual Items 850,350 -2.0M -1.8M 0.00
Net Income From Continuing And Discontinued Operation 57.9M 10.6M 18.3M -8.6M
Net Income From Continuing Operation Net Minority Interest 57.9M 10.6M 18.3M -8.6M
Net Income Including Noncontrolling Interests 57.9M 10.6M 18.3M -8.6M
Net Income Common Stockholders 57.9M 10.6M 18.3M -8.6M
Net Income 57.9M 10.6M 18.3M -8.6M
EBITDA 98.5M 77.6M 60.7M 5.3M
Normalized EBITDA 92.8M 82.5M 69.5M 2.7M
Reconciled Depreciation 41.0M 48.6M 31.7M 12.9M
Basic EPS 1.67 0.31 0.77 -0.91
Diluted EPS 1.51 0.29 0.77 -0.91
Basic Average Shares 34.7M 33.9M 23.2M 9.3M
Diluted Average Shares 38.5M 36.1M 23.7M 9.4M
Total Unusual Items 5.7M -4.9M -8.8M 2.6M
Total Unusual Items Excluding Goodwill 5.7M -4.9M -8.8M 2.6M
Tax Rate For Calcs 0.15 0.40 0.20 0.00
Normalized Income 53.1M 13.6M 25.4M -11.2M
Depreciation Amortization Depletion Income Statement 10.1M 7.6M 3.0M 535,000
Depreciation Income Statement -- -- 3.0M 535,000
Diluted NI Availto Com Stockholders 57.9M 10.6M 18.3M -8.6M
Gain On Sale Of Ppe 158,000 618,000 116,000 2.7M
Impairment Of Capital Assets 3.5M 5.0M 2.5M -614,000
Net Income Continuous Operations 57.9M 10.6M 18.3M -8.6M
Net Non Operating Interest Income Expense -9.7M -8.8M -6.1M -990,000
Other Gand A 19.2M 16.2M 9.5M 7.8M
Other Special Charges -391,000 -- -- --
Reconciled Cost Of Revenue 419.0M 398.9M 219.5M 51.2M
Rent And Landing Fees 0.00 0.00 0.00 --
Rent Expense Supplemental 51.6M 63.6M 35.3M --
Salaries And Wages 37.9M 40.5M 19.2M 152,000
Selling And Marketing Expense -- 52.5M 27.9M 7.8M
Total Expenses 520.0M 511.4M 281.2M 72.8M
Total Operating Income As Reported 48.8M 29.5M 35.4M -7.6M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 12.8M 10.7M 11.2M 2.9M
Cash Cash Equivalents And Short Term Investments 12.8M 10.7M 11.2M 2.9M
Cash Financial 12.8M 10.7M 11.2M 2.9M
Accounts Receivable 105.9M 111.8M 113.5M 15.6M
Receivables 123.8M 111.8M 113.5M 15.6M
Inventory 51.5M 45.0M 26.2M 8.4M
Prepaid Assets 6.7M 5.8M 4.5M 1.4M
Current Assets 194.8M 173.4M 155.4M 28.4M
Gross PPE 268.9M 223.2M 188.5M 90.5M
Accumulated Depreciation -124.3M -99.2M -67.8M -45.0M
Net PPE 144.6M 124.0M 120.7M 45.6M
Goodwill 43.4M 40.0M 39.4M 0.00
Goodwill And Other Intangible Assets 120.8M 106.3M 77.9M 1.5M
Other Intangible Assets 77.4M 66.4M 38.5M 1.5M
Total Non Current Assets 278.1M 230.3M 198.6M 47.1M
Total Assets 472.9M 403.7M 354.0M 75.4M
Current Debt -- -- 15.7M 1.0M
Current Debt And Capital Lease Obligation 25.6M 24.5M 19.4M 3.1M
Accounts Payable 106.2M 93.7M 90.4M 11.1M
Payables 106.2M 95.1M 91.3M 11.1M
Payables And Accrued Expenses 106.2M 95.1M 91.3M 11.1M
Current Accrued Expenses -- -- -- 596,000
Current Liabilities 131.8M 119.5M 110.7M 14.3M
Long Term Debt 69.1M 81.5M 64.8M 5.0M
Long Term Debt And Capital Lease Obligation 85.1M 93.8M 79.0M 18.7M
Long Term Capital Lease Obligation 16.0M 12.3M 14.2M 13.6M
Total Non Current Liabilities Net Minority Interest 99.5M 104.7M 89.4M 18.7M
Total Liabilities Net Minority Interest 231.3M 224.3M 200.1M 32.9M
Common Stock 195.5M 197.4M 180.5M 98.9M
Capital Stock 195.5M 197.4M 180.5M 98.9M
Additional Paid In Capital 17.4M 17.0M 15.9M 11.8M
Retained Earnings 8.7M -48.5M -58.9M -77.2M
Treasury Stock 469,000 709,000 959,000 0.00
Gains Losses Not Affecting Retained Earnings 19.2M 13.1M 17.4M 9.0M
Other Equity Adjustments 19.2M 13.1M 17.4M 9.0M
Common Stock Equity 241.6M 179.5M 153.9M 42.5M
Stockholders Equity 241.6M 179.5M 153.9M 42.5M
Total Equity Gross Minority Interest 241.6M 179.5M 153.9M 42.5M
Total Capitalization 310.6M 261.0M 218.7M 47.5M
Net Tangible Assets 120.8M 73.1M 76.0M 41.0M
Tangible Book Value 120.8M 73.1M 76.0M 41.0M
Working Capital 63.0M 53.8M 44.7M 14.1M
Invested Capital 310.6M 261.0M 218.7M 47.5M
Total Debt 110.7M 118.3M 98.4M 21.8M
Net Debt 56.3M 70.8M 53.6M 2.1M
Share Issued 34.4M 34.5M 32.0M 11.5M
Ordinary Shares Number 34.4M 34.5M 32.0M 11.5M
Allowance For Doubtful Accounts Receivable -- -- -- -1.1M
Buildings And Improvements 11.2M 10.7M 9.3M --
Capital Lease Obligations 20.2M 15.8M 17.9M 15.8M
Current Capital Lease Obligation 4.1M 3.4M 3.6M 2.1M
Gross Accounts Receivable -- -- -- 16.7M
Land And Improvements -- -- 0.00 1.5M
Leases -- -- 720,000 438,000
Line Of Credit -- -- 15.7M 1.0M
Machinery Furniture Equipment 11.2M 10.7M 9.3M 1.3M
Non Current Deferred Assets 12.7M 0.00 -- --
Non Current Deferred Liabilities 14.4M 10.9M 10.4M 0.00
Non Current Deferred Taxes Assets 12.7M 0.00 -- --
Non Current Deferred Taxes Liabilities 14.4M 10.9M 10.4M 0.00
Other Current Borrowings -- -- 15.7M --
Other Equity Interest 1.2M 1.2M -- --
Other Properties 257.7M 212.5M 179.2M 87.3M
Other Receivables 15.5M -- -- --
Properties -- -- -- 0.00
Taxes Receivable 2.4M 0.00 -- --
Total Tax Payable 0.00 1.4M 909,000 55,000
Treasury Shares Number -- 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 90.2M 70.0M 39.9M -3.5M
Cash Flow From Continuing Operating Activities 90.2M 70.0M 39.9M -3.5M
Depreciation And Amortization 41.0M 48.6M 31.7M 12.9M
Depreciation Amortization Depletion 41.0M 48.6M 31.7M 12.9M
Stock Based Compensation 3.2M 5.1M 1.4M 241,000
Deferred Tax -10.1M 9.6M 4.6M 0.00
Deferred Income Tax -10.1M 9.6M 4.6M 0.00
Change In Working Capital -2.2M -12.1M -27.1M -5.3M
Other Non Cash Items 9.3M 8.8M 6.1M 990,000
Capital Expenditure -57.5M -46.4M -27.9M -5.6M
Purchase Of PPE -41.9M -46.2M -26.4M -5.6M
Net PPE Purchase And Sale -40.2M -45.0M -24.7M -2.1M
Purchase Of Business 0.00 -27.4M -104.6M --
Sale Of Business -- -- -- 3.0M
Investing Cash Flow -56.5M -69.9M -131.4M 877,000
Cash Flow From Continuing Investing Activities -56.5M -69.9M -131.4M 877,000
Issuance Of Debt 10.0M 28.8M 115.9M 8.4M
Repayment Of Debt -30.9M -34.6M -44.6M -6.2M
Net Issuance Payments Of Debt -20.9M -5.7M 71.4M 2.2M
Issuance Of Capital Stock 4.0M 16.9M 32.3M 3.4M
Repurchase Of Capital Stock -9.0M -3.8M 0.00 --
Net Common Stock Issuance -5.0M 13.1M 32.3M 3.4M
Common Stock Payments -9.0M -3.8M 0.00 --
Financing Cash Flow -32.3M -883,000 97.6M 4.5M
Cash Flow From Continuing Financing Activities -32.3M -883,000 97.6M 4.5M
Effect Of Exchange Rate Changes 659,000 397,000 2.2M -8,000
Changes In Cash 1.4M -841,000 6.0M 1.9M
Beginning Cash Position 10.7M 11.2M 2.9M 1.0M
End Cash Position 12.8M 10.7M 11.2M 2.9M
Free Cash Flow 32.7M 23.6M 12.0M -9.1M
Asset Impairment Charge 4.3M 6.5M 2.7M -614,000
Cash Dividends Paid 0.00 0.00 0.00 0.00
Common Stock Issuance 4.0M 16.9M 32.3M 3.4M
Depreciation -- -- 31.7M 12.9M
Gain Loss On Sale Of PPE -158,000 -618,000 -116,000 -2.7M
Interest Paid Cff -8.5M -8.2M -6.1M -990,000
Long Term Debt Issuance 10.0M 28.8M 115.9M 8.4M
Long Term Debt Payments -30.9M -34.6M -44.6M -6.2M
Net Business Purchase And Sale 0.00 -27.4M -104.6M 3.0M
Net Foreign Currency Exchange Gain Loss -8.7M -930,000 1.8M -366,000
Net Income From Continuing Operations 57.9M 10.6M 18.3M -8.6M
Net Intangibles Purchase And Sale -15.5M -256,000 -1.5M 0.00
Net Long Term Debt Issuance -20.9M -5.7M 71.4M 2.2M
Net Other Financing Charges 2.1M -- -- -151,000
Net Other Investing Changes -800,000 2.7M -660,000 -59,000
Operating Gains Losses -8.8M -1.5M 1.7M -3.0M
Purchase Of Intangibles -15.5M -256,000 -1.5M 0.00
Sale Of PPE 1.8M 1.2M 1.7M 3.6M
Taxes Refund Paid -4.4M -5.5M 538,000 -87,000
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