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Adcore Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Total Revenue 5.5M 4.7M 4.9M 8.1M 5.7M --
Operating Revenue 5.5M 4.7M 4.9M 8.1M 5.7M --
Cost Of Revenue 3.3M 2.5M 2.7M 5.3M 3.0M --
Gross Profit 2.2M 2.2M 2.1M 2.8M 2.6M --
Selling General And Administration 2.1M 2.2M 1.9M 1.8M 2.3M --
Research And Development 357,000 371,000 396,000 467,000 392,000 --
Operating Expense 2.4M 2.6M 2.3M 2.5M 2.7M --
Operating Income -203,000 -334,000 -177,000 300,000 -84,000 --
EBIT -168,000 -232,000 -59,000 234,000 -63,000 --
Interest Expense 133,000 72,000 81,000 -- 57,000 124,000
Interest Expense Non Operating 133,000 72,000 81,000 -- 57,000 124,000
Interest Income 35,000 102,000 118,000 -- 21,000 23,000
Interest Income Non Operating 35,000 102,000 118,000 -- 21,000 23,000
Net Interest Income -98,000 30,000 37,000 205,000 -36,000 --
Pretax Income -301,000 -304,000 -140,000 381,000 -120,000 --
Tax Provision 23,000 0.00 1,000 0.00 0.00 --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -324,000 -304,000 -141,000 381,000 -120,000 --
Net Income From Continuing Operation Net Minority Interest -324,000 -304,000 -141,000 381,000 -120,000 --
Net Income Including Noncontrolling Interests -324,000 -304,000 -141,000 381,000 -120,000 --
Net Income Common Stockholders -324,000 -304,000 -141,000 381,000 -120,000 --
Net Income -324,000 -304,000 -141,000 381,000 -120,000 --
EBITDA 94,000 25,000 252,000 555,000 217,000 --
Normalized EBITDA 94,000 25,000 252,000 555,000 217,000 --
Reconciled Depreciation 262,000 257,000 311,000 321,000 280,000 --
Basic EPS -0.01 -0.01 -0.00 -- -0.00 -0.01
Diluted EPS -0.01 -0.01 -0.00 -- -0.00 -0.01
Basic Average Shares 60.7M 60.7M 60.5M -- 60.2M 60.3M
Diluted Average Shares 60.7M 60.7M 60.5M -- 60.2M 60.3M
Tax Rate For Calcs 0.23 0.00 0.23 0.00 0.00 --
Normalized Income -324,000 -304,000 -141,000 381,000 -120,000 --
Diluted NI Availto Com Stockholders -324,000 -304,000 -141,000 381,000 -120,000 --
Net Income Continuous Operations -324,000 -304,000 -141,000 381,000 -120,000 --
Net Non Operating Interest Income Expense -98,000 30,000 37,000 205,000 -36,000 --
Reconciled Cost Of Revenue 3.3M 2.5M 2.7M 5.3M 3.0M --
Total Expenses 5.7M 5.1M 5.1M 7.8M 5.7M --
Total Operating Income As Reported -203,000 -334,000 -177,000 300,000 -84,000 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 5.2M 6.6M 7.4M 7.5M 5.0M --
Cash Cash Equivalents And Short Term Investments 5.2M 6.6M 7.4M 7.5M 5.0M --
Cash Equivalents 2.7M 3.3M 2.6M 2.6M 2.6M --
Cash Financial 2.5M 3.3M 4.7M 4.9M 2.4M --
Accounts Receivable 4.0M 2.7M 2.8M 4.6M 4.1M --
Receivables 4.3M 3.0M 3.2M 5.0M 4.5M --
Current Assets 9.5M 9.6M 10.6M 12.5M 9.4M --
Gross PPE -- -- -- 1.5M -- --
Accumulated Depreciation -- -- -- -565,000 -- --
Net PPE 809,000 840,000 874,000 907,000 947,000 --
Goodwill And Other Intangible Assets 3.0M 2.9M 2.9M 2.9M 2.9M --
Other Intangible Assets -- -- -- 2.9M -- --
Total Non Current Assets 3.8M 3.8M 3.7M 3.8M 3.9M --
Total Assets 13.3M 13.4M 14.3M 16.3M 13.3M --
Current Debt And Capital Lease Obligation 153,000 150,000 136,000 139,000 127,000 --
Accounts Payable 3.8M 3.1M 4.0M 5.7M 2.8M --
Payables 5.2M 4.8M 5.5M 6.0M 4.7M --
Payables And Accrued Expenses 5.2M 4.8M 5.5M 6.9M 4.7M --
Current Accrued Expenses -- -- -- 815,000 -- --
Current Liabilities 5.3M 5.0M 5.6M 7.4M 4.8M --
Long Term Debt And Capital Lease Obligation 374,000 404,000 443,000 465,000 502,000 --
Long Term Capital Lease Obligation 374,000 404,000 443,000 465,000 502,000 --
Total Non Current Liabilities Net Minority Interest 381,000 411,000 450,000 472,000 510,000 --
Total Liabilities Net Minority Interest 5.7M 5.4M 6.1M 7.9M 5.3M --
Common Stock 0.00 0.00 0.00 0.00 0.00 --
Capital Stock 0.00 0.00 0.00 0.00 0.00 --
Additional Paid In Capital 11.0M 11.0M 11.0M 11.0M 10.9M --
Retained Earnings -2.6M -2.2M -1.9M -1.8M -2.2M --
Treasury Stock 724,000 724,000 724,000 724,000 724,000 --
Gains Losses Not Affecting Retained Earnings -71,000 -71,000 -71,000 -71,000 -72,000 --
Common Stock Equity 7.7M 8.0M 8.2M 8.4M 8.0M --
Stockholders Equity 7.7M 8.0M 8.2M 8.4M 8.0M --
Total Equity Gross Minority Interest 7.7M 8.0M 8.2M 8.4M 8.0M --
Total Capitalization 7.7M 8.0M 8.2M 8.4M 8.0M --
Net Tangible Assets 4.6M 5.0M 5.4M 5.5M 5.0M --
Tangible Book Value 4.6M 5.0M 5.4M 5.5M 5.0M --
Working Capital 4.2M 4.6M 4.9M 5.1M 4.6M --
Invested Capital 7.7M 8.0M 8.2M 8.4M 8.0M --
Total Debt 527,000 554,000 579,000 604,000 629,000 --
Share Issued 60.7M 60.7M 60.5M 60.5M 60.2M --
Ordinary Shares Number 60.7M 60.7M 60.5M 60.5M 60.2M --
Allowance For Doubtful Accounts Receivable -- -- -- -219,000 -- --
Capital Lease Obligations 527,000 554,000 579,000 604,000 629,000 --
Current Capital Lease Obligation 153,000 150,000 136,000 139,000 127,000 --
Dueto Related Parties Current -- -- -- 42,000 -- --
Employee Benefits 7,000 7,000 7,000 7,000 8,000 --
Gross Accounts Receivable -- -- -- 4.8M -- --
Machinery Furniture Equipment -- -- -- 721,000 -- --
Minimum Pension Liabilities -71,000 -71,000 -71,000 -71,000 -72,000 --
Non Current Deferred Liabilities -- -- 0.00 0.00 0.00 0.00
Non Current Deferred Taxes Liabilities -- -- 0.00 0.00 0.00 0.00
Non Current Pension And Other Postretirement Benefit Plans 7,000 7,000 7,000 7,000 8,000 --
Other Payable 1.4M 1.7M 1.5M 331,000 1.9M --
Other Properties -- -- -- 751,000 -- --
Other Receivables 289,000 273,000 376,000 434,000 329,000 --
Pensionand Other Post Retirement Benefit Plans Current -- -- -- 446,000 -- --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow -1.1M -492,000 173,000 2.8M -173,000 --
Cash Flow From Continuing Operating Activities -1.1M -492,000 173,000 2.8M -173,000 --
Depreciation And Amortization 262,000 257,000 311,000 321,000 280,000 --
Depreciation Amortization Depletion 262,000 257,000 311,000 321,000 280,000 --
Stock Based Compensation 15,000 44,000 3,000 12,000 11,000 --
Change In Working Capital -1.0M -489,000 0.00 2.1M -344,000 --
Changes In Account Receivables -1.3M 85,000 1.8M -513,000 -1.0M --
Change In Receivables -1.3M 188,000 1.8M -532,000 -1.0M --
Change In Payables And Accrued Expense 284,000 -677,000 -1.8M 2.6M 692,000 --
Change In Payable 284,000 -677,000 -1.8M 2.6M 691,000 --
Change In Other Working Capital -- -- -- 0.00 0.00 -167,000
Capital Expenditure -320,000 -298,000 -270,000 -230,000 -180,000 --
Purchase Of PPE -4,000 0.00 0.00 -7,000 -3,000 --
Net PPE Purchase And Sale -4,000 0.00 0.00 -7,000 -3,000 --
Investing Cash Flow -320,000 -298,000 -270,000 -230,000 -180,000 --
Cash Flow From Continuing Investing Activities -320,000 -298,000 -270,000 -230,000 -180,000 --
Issuance Of Debt -- -- -- -- -- 11,000
Repayment Of Debt -27,000 -25,000 -25,000 -26,000 -- --
Net Issuance Payments Of Debt -27,000 -25,000 -25,000 -26,000 -23,000 --
Repurchase Of Capital Stock 0.00 0.00 0.00 0.00 0.00 --
Net Common Stock Issuance 0.00 0.00 0.00 0.00 0.00 --
Common Stock Payments 0.00 0.00 0.00 0.00 0.00 --
Financing Cash Flow -27,000 -23,000 -25,000 -26,000 -23,000 --
Cash Flow From Continuing Financing Activities -27,000 -23,000 -25,000 -26,000 -23,000 --
Effect Of Exchange Rate Changes 27,000 32,000 10,000 -- 0.00 0.00
Changes In Cash -1.4M -813,000 -122,000 2.5M -376,000 --
Beginning Cash Position 6.6M 7.4M 7.5M 5.0M 5.3M --
End Cash Position 5.2M 6.6M 7.4M 7.5M 5.0M --
Free Cash Flow -1.4M -790,000 -97,000 2.6M -353,000 --
Capital Expenditure Reported -316,000 -298,000 -270,000 -223,000 -177,000 --
Change In Account Payable 648,000 -909,000 -1.7M 2.9M -260,000 --
Long Term Debt Issuance -- -- -- -- -- 11,000
Long Term Debt Payments -27,000 -25,000 -25,000 -26,000 -- --
Net Income From Continuing Operations -324,000 -304,000 -141,000 381,000 -120,000 --
Net Long Term Debt Issuance -27,000 -25,000 -25,000 -26,000 -23,000 --
Proceeds From Stock Option Exercised 0.00 -- -- -- 0.00 --
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