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Aluula Composites Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Oct 31, 2025 FY 2024Oct 31, 2024 FY 2023Oct 31, 2023 FY 2022Oct 31, 2022 FY 2021Oct 31, 2021
Total Revenue 7.9M 6.4M 4.2M 2.7M --
Operating Revenue 7.9M 6.4M 4.2M 2.7M --
Cost Of Revenue 4.5M 3.8M 2.9M 1.6M --
Gross Profit 3.3M 2.6M 1.3M 1.1M --
Selling General And Administration 4.1M 4.5M 3.1M 1.9M --
General And Administrative Expense 3.9M 4.2M 3.0M 1.8M --
Research And Development 265,587 213,867 44,783 171,627 --
Depreciation And Amortization In Income Statement 414,570 438,388 442,513 94,720 --
Other Operating Expenses -- -- 1.6M -- --
Operating Expense 4.7M 5.1M 5.3M 2.2M --
Operating Income -1.4M -2.5M -4.0M -1.1M --
EBIT -1.3M -1.7M -3.8M -448,708 --
Interest Expense 136,519 144,944 167,940 134,360 --
Interest Expense Non Operating 136,519 144,944 167,940 134,360 --
Interest Income 85,181 21,244 27,474 1,907 --
Interest Income Non Operating 85,181 21,244 27,474 1,907 --
Net Interest Income -51,338 -123,700 -140,466 -132,453 --
Other Income Expense -- 750,069 184,367 642,709 222,192
Other Non Operating Income Expenses -- 4,647 240,068 279,027 202,192
Special Income Charges 0.00 -3,969 -55,701 363,682 --
Gain On Sale Of Security -- 749,391 7,195 -- --
Pretax Income -1.5M -1.9M -4.0M -583,068 --
Tax Provision -70,569 755,891 -327,450 -101,498 --
Tax Effect Of Unusual Items 0.00 111,813 -4,606 63,308 --
Net Income From Continuing And Discontinued Operation -1.6M -3.9M -5.2M -481,570 --
Net Income From Continuing Operation Net Minority Interest -1.4M -2.6M -3.6M -481,570 --
Net Income Including Noncontrolling Interests -1.6M -3.9M -5.2M -481,570 --
Net Income Common Stockholders -1.6M -3.9M -5.2M -481,570 --
Net Income -1.6M -3.9M -5.2M -481,570 --
EBITDA -779,722 -1.2M -3.3M -258,610 --
Normalized EBITDA -779,722 -2.0M -3.2M -622,292 --
Reconciled Depreciation 535,169 528,135 492,378 190,098 --
Basic EPS -- -0.31 -0.35 -0.03 0.03
Diluted EPS -- -0.31 -0.35 -0.03 0.03
Basic Average Shares -- 12.5M 16.9M 19.0M 19.0M
Diluted Average Shares -- 12.5M 16.9M 19.0M 19.0M
Total Unusual Items 0.00 745,422 -55,701 363,682 --
Total Unusual Items Excluding Goodwill 0.00 745,422 -55,701 363,682 --
Tax Rate For Calcs 0.05 0.15 0.08 0.17 --
Normalized Income -1.4M -3.3M -3.6M -781,944 --
Amortization 265,857 266,016 264,081 439.00 --
Amortization Of Intangibles Income Statement 265,857 266,016 264,081 439.00 --
Depreciation Amortization Depletion Income Statement 414,570 438,388 442,513 94,720 --
Depreciation Income Statement 148,713 172,372 178,432 94,281 --
Diluted NI Availto Com Stockholders -1.6M -3.9M -5.2M -481,570 --
Gain On Sale Of Ppe 0.00 -3,969 -55,701 0.00 --
Net Income Continuous Operations -1.4M -2.6M -3.6M -481,570 --
Net Income Discontinuous Operations -229,850 -1.3M -1.5M -- --
Net Non Operating Interest Income Expense -51,338 -123,700 -140,466 -132,453 --
Other Gand A 968,596 1.6M 1.1M 861,863 --
Other Special Charges -- -- -- -363,682 -20,000
Reconciled Cost Of Revenue 4.4M 3.7M 2.8M 1.6M --
Salaries And Wages 3.0M 2.6M 1.9M 972,056 --
Selling And Marketing Expense 141,826 210,222 121,331 86,997 --
Total Expenses 9.3M 8.9M 8.2M 3.8M --
Line Item FY 2025Oct 31, 2025 FY 2024Oct 31, 2024 FY 2023Oct 31, 2023 FY 2022Oct 31, 2022 FY 2021Oct 31, 2021
Cash And Cash Equivalents 2.1M 857,011 773,368 295,377 --
Cash Cash Equivalents And Short Term Investments 2.1M 857,011 773,368 295,377 --
Accounts Receivable 1.6M 901,406 1.9M 1.4M --
Receivables 1.7M 1.0M 2.0M 1.4M --
Inventory 2.0M 1.1M 1.6M 2.2M --
Prepaid Assets -- -- -- 541,475 61,642
Other Current Assets 504,505 71,109 260,483 261,055 --
Current Assets 6.3M 3.7M 4.6M 5.1M --
Gross PPE 1.5M 1.4M 1.5M 1.4M --
Accumulated Depreciation -1.0M -738,202 -530,656 -241,475 --
Net PPE 510,883 697,291 966,657 1.2M --
Goodwill 4.0M 4.0M 4.0M 4.0M --
Goodwill And Other Intangible Assets 7.4M 7.7M 8.1M 8.4M --
Other Intangible Assets 3.4M 3.6M 4.1M 4.3M --
Investments And Advances 0.00 187,500 50,796 45,091 --
Other Non Current Assets -- 22,693 30,796 30,796 35,000
Total Non Current Assets 7.9M 8.6M 10.6M 9.7M --
Total Assets 14.2M 12.3M 15.2M 14.8M --
Current Debt 919,460 314,522 190,662 3.0M --
Current Debt And Capital Lease Obligation 1.1M 453,868 326,865 3.3M --
Accounts Payable 679,704 175,296 415,337 695,037 --
Payables 796,786 234,882 495,362 813,951 --
Payables And Accrued Expenses 1.3M 838,827 749,940 939,717 --
Current Accrued Expenses 518,591 603,945 254,578 125,766 --
Current Deferred Revenue 46,636 44,251 31,149 192,882 --
Other Current Liabilities 1,995 420,826 -- -- --
Current Liabilities 3.4M 2.9M 2.4M 5.7M --
Long Term Debt 322,693 1.2M 627,689 3.1M --
Long Term Debt And Capital Lease Obligation 322,693 1.4M 897,943 3.8M --
Long Term Capital Lease Obligation 0.00 132,177 270,254 745,498 --
Total Non Current Liabilities Net Minority Interest 322,693 1.4M 897,943 3.8M --
Total Liabilities Net Minority Interest 3.7M 4.2M 3.3M 9.5M --
Common Stock 20.4M 16.5M 16.5M 6.3M --
Capital Stock 20.4M 16.5M 16.5M 6.3M --
Additional Paid In Capital 2.0M 1.8M 1.7M 52,654 --
Retained Earnings -11.8M -10.2M -6.3M -1.1M --
Gains Losses Not Affecting Retained Earnings -- -- 1.7M 52,654 32,904
Other Equity Adjustments -- -- 1.7M 52,654 32,904
Common Stock Equity 10.5M 8.1M 11.9M 5.3M --
Stockholders Equity 10.5M 8.1M 11.9M 5.3M --
Total Equity Gross Minority Interest 10.5M 8.1M 11.9M 5.3M --
Total Capitalization 10.9M 9.3M 12.5M 8.3M --
Net Tangible Assets 3.1M 400,702 3.7M -3.1M --
Tangible Book Value 3.1M 400,702 3.7M -3.1M --
Working Capital 2.9M 867,548 2.2M -567,635 --
Invested Capital 11.8M 9.6M 12.7M 11.4M --
Total Debt 1.4M 1.8M 1.2M 7.1M --
Net Debt -- 699,664 44,983 5.8M 1.6M
Share Issued 26.3M 21.2M 21.2M 19.0M --
Ordinary Shares Number 26.3M 21.2M 21.2M 19.0M --
Allowance For Doubtful Accounts Receivable -43,631 -26,086 -54,258 -125,991 --
Assets Held For Sale Current 32,345 672,808 0.00 -- --
Available For Sale Securities -- 187,500 50,796 45,091 609.00
Buildings And Improvements 646,453 646,453 646,453 739,396 --
Capital Lease Obligations 132,178 271,523 406,457 978,928 --
Current Capital Lease Obligation 132,178 139,346 136,203 233,430 --
Current Deferred Assets -- -- 0.00 1.0M 585,566
Current Deferred Liabilities 940,509 1.0M 1.1M 1.4M --
Current Deferred Taxes Assets -- -- 0.00 1.0M 585,566
Current Deferred Taxes Liabilities 893,873 964,442 1.1M 1.2M --
Current Provisions 42,110 142,240 245,605 57,965 --
Finished Goods 485,104 253,584 384,118 1.9M --
Gross Accounts Receivable 1.6M 927,492 1.9M 1.5M --
Income Tax Payable -- 0.00 12,234 12,234 0.00
Investmentin Financial Assets -- 187,500 50,796 45,091 609.00
Leases 7,304 7,304 7,873 11,519 --
Line Of Credit -- -- 0.00 2.7M 106,478
Machinery Furniture Equipment 864,640 781,736 759,621 250,608 --
Non Current Deferred Assets -- 0.00 1.4M 0.00 --
Non Current Deferred Taxes Assets -- 0.00 1.4M 0.00 --
Other Current Borrowings 919,460 314,522 190,662 292,284 --
Other Payable 117,082 59,586 67,791 106,680 --
Other Properties -- -- 83,366 446,121 118,922
Other Receivables 205,160 157,798 116,045 11,480 --
Properties 0.00 0.00 0.00 0.00 --
Raw Materials 1.5M 844,736 1.2M 304,474 --
Receivables Adjustments Allowances -116,356 -26,450 -18,146 -41,437 --
Total Tax Payable -- 0.00 12,234 12,234 0.00
Work In Process 100,524 0.00 -- -- --
Line Item FY 2025Oct 31, 2025 FY 2024Oct 31, 2024 FY 2023Oct 31, 2023 FY 2022Oct 31, 2022 FY 2021Oct 31, 2021
Operating Cash Flow -1.7M -1.1M -3.2M -945,478 --
Cash Flow From Continuing Operating Activities -1.8M -928,463 -1.9M -945,478 --
Depreciation And Amortization 535,169 528,135 492,378 190,098 --
Depreciation Amortization Depletion 535,169 528,135 492,378 190,098 --
Stock Based Compensation 708,742 113,927 502,384 19,750 --
Change In Working Capital -1.8M 1.6M -1.0M -323,351 --
Change In Receivables -639,734 396,737 -893,165 -171,266 --
Change In Inventory -1.0M 87,099 -109,372 -85,498 --
Change In Payables And Accrued Expense 376,420 191,153 446,733 144,038 --
Change In Payable 376,420 191,153 446,733 144,038 --
Change In Other Working Capital -70,569 755,890 -327,450 -101,498 --
Change In Other Current Assets 22,693 0.00 0.00 12,306 --
Other Non Cash Items 171,904 -636,637 1.6M -402,984 --
Capital Expenditure -100,652 -102,203 -108,009 -239,820 --
Purchase Of PPE -82,904 -81,405 -74,654 -214,745 --
Net PPE Purchase And Sale -82,904 -54,040 -74,654 -214,745 --
Purchase Of Business -- 0.00 -83,505 -579,206 0.00
Sale Of Business -- 0.00 1.4M 0.00 --
Sale Of Investment 187,500 562,500 0.00 -- --
Net Investment Purchase And Sale 187,500 562,500 0.00 -- --
Investing Cash Flow 86,848 510,534 1.2M -819,026 --
Cash Flow From Continuing Investing Activities 86,848 487,662 1.3M -819,026 --
Issuance Of Debt 987,372 1.0M 988,846 680,198 --
Repayment Of Debt -491,608 -271,889 -4.0M -1.3M --
Net Issuance Payments Of Debt 495,764 728,111 -3.0M -580,946 --
Issuance Of Capital Stock 2.5M 0.00 8.7M 0.00 --
Net Common Stock Issuance 2.5M 0.00 8.7M 0.00 --
Financing Cash Flow 2.8M 630,811 5.2M -580,946 --
Cash Flow From Continuing Financing Activities 2.9M 734,111 5.3M -580,946 --
Changes In Cash 1.2M 83,643 3.2M -2.3M --
Beginning Cash Position 857,011 773,368 -2.4M -103,870 --
End Cash Position 2.1M 857,011 773,368 -2.4M --
Free Cash Flow -1.8M -1.2M -3.3M -1.2M --
Amortization Cash Flow 265,857 266,016 264,081 439.00 --
Amortization Of Intangibles 265,857 266,016 264,081 439.00 --
Asset Impairment Charge 91,039 77,838 134,665 2,886 --
Cash From Discontinued Financing Activities -72,519 -103,300 -56,320 -- --
Cash From Discontinued Investing Activities 0.00 22,872 -76,984 -- --
Cash From Discontinued Operating Activities -64,301 -129,239 -1.3M -- --
Change In Prepaid Assets -431,011 187,031 -126,169 -121,433 --
Common Stock Issuance 2.5M 0.00 8.7M 0.00 --
Depreciation 269,312 262,119 228,297 189,659 --
Gain Loss On Sale Of PPE 0.00 3,969 3,087 0.00 --
Long Term Debt Issuance 987,372 1.0M 988,846 680,198 --
Long Term Debt Payments -291,608 -271,889 -4.0M -1.3M --
Net Business Purchase And Sale -- 0.00 1.4M -579,206 0.00
Net Foreign Currency Exchange Gain Loss -- 0.00 -7,350 49,693 -1,546
Net Income From Continuing Operations -1.4M -2.6M -3.6M -481,570 --
Net Intangibles Purchase And Sale -17,748 -20,798 -33,355 -25,075 --
Net Long Term Debt Issuance 695,764 728,111 -3.0M -580,946 --
Net Other Financing Charges -128,552 -- -474,336 -- --
Net Other Investing Changes -- -- 2.00 -- --
Net Short Term Debt Issuance -200,000 0.00 -- -- --
Operating Gains Losses -- 3,969 -4,263 49,693 -1,546
Proceeds From Stock Option Exercised 19,869 6,000 77,601 0.00 --
Purchase Of Intangibles -17,748 -20,798 -33,355 -25,075 --
Sale Of PPE 0.00 27,365 0.00 -- --
Short Term Debt Payments -200,000 0.00 -- -- --
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