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Avicanna 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
Total Revenue 6.4M 6.2M 6.3M 6.6M 6.3M
Operating Revenue 6.4M 6.2M 6.3M 6.6M 6.3M
Cost Of Revenue 3.2M 3.0M 2.7M 3.2M 2.7M
Gross Profit 3.1M 3.1M 3.6M 3.5M 3.6M
Selling General And Administration 4.3M 3.5M 3.3M 4.3M 4.0M
General And Administrative Expense 3.4M 2.8M 2.5M 3.5M 3.0M
Research And Development 32,097 116,536 51,072 5,943 67,234
Depreciation And Amortization In Income Statement 193,891 191,570 192,993 191,359 215,871
Operating Expense 4.5M 3.8M 3.5M 4.7M 4.3M
Operating Income -1.4M -699,970 94,194 -1.2M -776,000
EBIT -1.4M -698,114 106,346 153,504 -732,126
Interest Expense 5,817 3,064 31,625 21,986 54,262
Interest Expense Non Operating 5,817 3,064 31,625 21,986 54,262
Net Interest Income -5,817 -3,064 -31,625 -21,986 -54,262
Other Income Expense -4,277 1,856 12,152 1.4M 43,874
Other Non Operating Income Expenses 1,502 12,605 21,317 852,768 58,208
Special Income Charges 0.00 -- -- 214.00 -879.00
Gain On Sale Of Security -5,779 -10,749 -9,165 521,295 -13,455
Pretax Income -1.4M -701,178 74,721 131,518 -786,388
Tax Effect Of Unusual Items 0.00 0.00 -1,375 78,226 0.00
Net Income From Continuing And Discontinued Operation -1.4M -701,178 74,721 131,518 -786,388
Net Income From Continuing Operation Net Minority Interest -1.4M -701,178 74,721 131,518 -786,388
Net Income Including Noncontrolling Interests -1.4M -701,178 74,721 131,518 -786,388
Net Income Common Stockholders -1.4M -701,178 74,721 131,518 -786,388
Net Income -1.4M -701,178 74,721 131,518 -786,388
EBITDA -1.2M -506,544 299,339 344,863 -516,255
Normalized EBITDA -1.2M -495,795 308,504 -176,646 -501,921
Reconciled Depreciation 193,891 191,570 192,993 191,359 215,871
Basic EPS -0.01 -0.01 0.00 -- -0.01
Diluted EPS -0.01 -0.01 0.00 -- -0.01
Basic Average Shares 114.6M 112.1M 110.4M -- 100.8M
Diluted Average Shares 114.6M 112.1M 110.4M -- 100.8M
Total Unusual Items -5,779 -10,749 -9,165 521,509 -14,334
Total Unusual Items Excluding Goodwill -5,779 -10,749 -9,165 521,509 -14,334
Tax Rate For Calcs 0.00 0.00 0.15 0.15 0.00
Normalized Income -1.4M -690,429 82,511 -311,765 -772,054
Depreciation Amortization Depletion Income Statement 193,891 191,570 192,993 191,359 215,871
Diluted NI Availto Com Stockholders -1.4M -701,178 74,721 131,518 -786,388
Gain On Sale Of Ppe 0.00 -- -- 214.00 -879.00
Net Income Continuous Operations -1.4M -701,178 74,721 131,518 -786,388
Net Non Operating Interest Income Expense -5,817 -3,064 -31,625 -21,986 -54,262
Other Gand A 1.4M 1.2M 973,315 2.0M 1.3M
Provision For Doubtful Accounts 15,167 0.00 0.00 215,693 92,830
Reconciled Cost Of Revenue 3.2M 3.0M 2.7M 3.2M 2.7M
Salaries And Wages 2.0M 1.6M 1.5M 1.6M 1.7M
Selling And Marketing Expense 867,608 732,644 787,888 713,925 956,359
Total Expenses 7.8M 6.9M 6.2M 7.8M 7.0M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 464,848 207,639 456,759 448,028 812,068
Cash Cash Equivalents And Short Term Investments 464,848 207,639 456,759 448,028 812,068
Cash Financial 464,848 207,639 456,759 448,028 812,068
Accounts Receivable 2.5M 2.8M 2.4M 3.0M 3.6M
Receivables 2.5M 2.8M 2.4M 2.7M 2.8M
Inventory 4.6M 4.4M 4.3M 4.0M 3.9M
Prepaid Assets 340,375 314,792 436,493 470,339 544,870
Other Current Assets -- -- -- -- --
Current Assets 7.9M 7.7M 7.6M 7.6M 8.0M
Gross PPE 15.6M 14.8M 15.0M 14.0M 13.8M
Accumulated Depreciation -3.3M -3.1M -3.0M -2.7M -2.7M
Net PPE 12.3M 11.7M 12.0M 11.3M 11.2M
Goodwill 334,000 334,000 334,000 334,000 334,000
Goodwill And Other Intangible Assets 1.0M 1.1M 1.1M 1.2M 1.3M
Other Intangible Assets 687,054 747,676 808,298 868,921 936,184
Total Non Current Assets 13.3M 12.8M 13.1M 12.5M 12.4M
Total Assets 21.2M 20.5M 20.7M 20.1M 20.5M
Current Debt -- -- -- -- 84,915
Current Debt And Capital Lease Obligation -- 37,095 73,500 109,227 229,204
Accounts Payable 8.1M 8.0M 7.3M 7.8M 7.6M
Payables 8.2M 8.0M 8.1M 8.4M 8.2M
Payables And Accrued Expenses 8.2M 8.0M 8.1M 8.4M 8.2M
Current Deferred Revenue 378,001 415,935 415,935 415,935 143,164
Other Current Liabilities 150,132 250,132 300,132 300,132 1.1M
Current Liabilities 8.7M 8.7M 8.9M 9.3M 9.7M
Long Term Debt And Capital Lease Obligation -- -- -- 0.00 0.00
Long Term Capital Lease Obligation -- -- -- 0.00 0.00
Total Non Current Liabilities Net Minority Interest 772,019 898,130 1.0M 1.1M 1.6M
Total Liabilities Net Minority Interest 9.5M 9.6M 9.9M 10.4M 11.3M
Common Stock 88.9M 87.9M 87.5M 87.0M 86.1M
Capital Stock 88.9M 87.9M 87.5M 87.0M 86.1M
Retained Earnings -104.0M -102.8M -102.1M -102.1M -102.1M
Gains Losses Not Affecting Retained Earnings -1.2M -1.6M -1.6M -2.1M -1.7M
Other Equity Adjustments -1.2M -1.6M -1.6M -2.1M -1.7M
Common Stock Equity 3.1M 2.5M 3.0M 2.3M 1.7M
Stockholders Equity 3.1M 2.5M 3.0M 2.3M 1.7M
Total Equity Gross Minority Interest 11.7M 10.9M 10.8M 9.7M 9.2M
Minority Interest 8.6M 8.3M 7.8M 7.4M 7.5M
Total Capitalization 3.1M 2.5M 3.0M 2.3M 1.7M
Net Tangible Assets 2.1M 1.5M 1.9M 1.1M 445,976
Tangible Book Value 2.1M 1.5M 1.9M 1.1M 445,976
Working Capital -833,130 -1.0M -1.3M -1.6M -1.6M
Invested Capital 3.1M 2.5M 3.0M 2.3M 1.8M
Total Debt 0.00 37,095 73,500 109,227 229,204
Net Debt -- -- -- -- --
Share Issued 117.8M 113.8M 111.9M 110.2M 106.9M
Ordinary Shares Number 117.8M 113.8M 111.9M 110.2M 106.9M
Buildings And Improvements 1.7M 1.6M 1.6M 1.5M 1.5M
Capital Lease Obligations 0.00 37,095 73,500 109,227 144,289
Construction In Progress 625,747 590,213 561,731 476,171 254,181
Current Capital Lease Obligation 0.00 37,095 73,500 109,227 144,289
Current Deferred Liabilities 378,001 415,935 415,935 415,935 143,164
Dueto Related Parties Current 47,543 0.00 782,679 672,305 645,511
Finished Goods 2.0M 2.1M 2.2M 2.1M 2.4M
Land And Improvements 7.3M 6.9M 7.0M 6.6M 6.6M
Non Current Deferred Liabilities 772,019 898,130 1.0M 1.1M 1.6M
Non Current Deferred Revenue 772,019 898,130 1.0M 1.1M 1.6M
Other Current Borrowings -- -- -- -- 84,915
Other Equity Interest 19.4M 19.0M 19.3M 19.5M 19.5M
Other Inventories 114,419 64,994 278,212 41,128 39,963
Other Properties 6.0M 5.7M 5.8M 5.4M 5.4M
Properties 0.00 0.00 0.00 0.00 0.00
Raw Materials 2.0M 1.8M 1.2M 1.3M 1.2M
Receivables Adjustments Allowances -463,176 -461,884 -432,378 -561,591 -917,956
Taxes Receivable 485,526 416,723 415,416 357,857 82,364
Work In Process 403,184 413,457 594,183 541,182 336,606
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -842,522 -129,976 -17,685 -240,873 -220,138
Cash Flow From Continuing Operating Activities -842,522 -129,976 -17,685 -240,873 -220,138
Depreciation And Amortization 193,891 191,570 192,993 191,359 215,871
Depreciation Amortization Depletion 193,891 191,570 192,993 191,359 215,871
Stock Based Compensation 433,365 174,770 207,308 214,245 225,222
Change In Working Capital 61,527 307,688 -390,559 -123,002 111,293
Change In Receivables 254,971 -398,703 374,009 -194,424 -672,664
Change In Inventory -170,097 -38,209 -372,471 -62,456 -418,763
Change In Payables And Accrued Expense 2,236 622,899 -425,943 202,510 1.1M
Change In Payable 2,236 622,899 -425,943 202,510 1.1M
Other Non Cash Items -163,578 -102,826 -102,148 -871,351 -78,966
Capital Expenditure -22,670 -85,300 -140,025 -307,136 -48,585
Purchase Of PPE -22,670 -85,300 -140,025 -307,136 -48,585
Net PPE Purchase And Sale -22,627 -84,268 -140,025 -307,136 -48,585
Purchase Of Business -- -- -- 0.00 --
Investing Cash Flow -22,627 -84,268 -140,025 -307,136 -48,585
Cash Flow From Continuing Investing Activities -22,627 -84,268 -140,025 -307,136 -48,585
Issuance Of Debt -- -- -- 0.00 --
Repayment Of Debt -37,562 -37,562 -37,562 -136,407 -1.3M
Net Issuance Payments Of Debt -37,562 -37,562 -37,562 -136,407 -1.3M
Issuance Of Capital Stock 1.0M -- -- 777,510 1.9M
Repurchase Of Capital Stock -- -- 0.00 -- --
Net Common Stock Issuance 1.0M 0.00 0.00 777,510 1.9M
Common Stock Payments -- -- 0.00 -- --
Financing Cash Flow 1.0M -9,515 30,632 596,328 635,235
Cash Flow From Continuing Financing Activities 1.0M -9,515 30,632 596,328 635,235
Effect Of Exchange Rate Changes 110,779 -25,361 135,809 -412,359 -42,655
Changes In Cash 146,430 -223,759 -127,078 48,319 366,512
Beginning Cash Position 207,639 456,759 448,028 812,068 488,211
End Cash Position 464,848 207,639 456,759 448,028 812,068
Free Cash Flow -865,192 -215,276 -157,710 -548,009 -268,723
Amortization Cash Flow 60,622 60,623 60,622 67,265 --
Amortization Of Intangibles 60,622 60,623 60,622 67,265 --
Change In Account Payable 2,236 622,899 -425,943 202,510 1.1M
Change In Prepaid Assets -25,583 121,701 33,846 74,531 -61,393
Common Stock Issuance 1.0M -- -- 777,510 1.9M
Depreciation 133,269 130,947 132,371 124,094 --
Gain Loss On Sale Of PPE -- -- -- 665.00 0.00
Long Term Debt Issuance -- -- -- 0.00 --
Long Term Debt Payments -37,562 -37,562 -37,562 -1.7M -1.3M
Net Business Purchase And Sale -- -- -- 0.00 --
Net Income From Continuing Operations -1.4M -701,178 74,721 131,518 -786,388
Net Intangibles Purchase And Sale -- -- -- 0.00 0.00
Net Long Term Debt Issuance -37,562 -37,562 -37,562 -1.7M -1.3M
Net Other Financing Charges 49,141 28,047 68,194 -44,775 57,152
Net Short Term Debt Issuance -- -- -- 1.6M --
Proceeds From Stock Option Exercised 0.00 0.00 0.00 0.00 0.00
Provisionand Write Offof Assets 15,167 0.00 0.00 215,693 92,830
Purchase Of Intangibles -- -- -- 0.00 0.00
Sale Of PPE 43.00 -- -- 0.00 0.00
Short Term Debt Payments -- -- -- 1.6M --
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