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Avricore Health Inc.

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 4.8M 3.5M 1.8M 122,808
Operating Revenue 4.8M 3.5M 1.8M 122,808
Cost Of Revenue 2.9M 2.3M 1.3M 92,287
Gross Profit 1.9M 1.2M 456,793 30,521
Selling General And Administration 1.7M 1.8M 1.2M 1.7M
General And Administrative Expense 1.7M 1.8M 1.2M 1.7M
Depreciation And Amortization In Income Statement 3,137 2,347 631.00 17,984
Other Operating Expenses 43,089 44,545 31,888 30,738
Operating Expense 1.7M 1.9M 1.3M 1.8M
Operating Income 139,348 -687,245 -812,524 -1.7M
EBIT 139,348 -687,245 -812,524 -1.7M
Interest Expense -- 0.00 0.00 38,438
Interest Expense Non Operating -- 0.00 0.00 38,438
Interest Income 1,235 3,284 8,086 581.00
Interest Income Non Operating 1,235 3,284 8,086 581.00
Net Interest Income -9,112 -2,724 2,665 -44,663
Other Income Expense -799,213 -11,246 -8,369 75,314
Other Non Operating Income Expenses -- -- -- 75,467
Special Income Charges -794,207 -4,594 -8,667 75,467
Write Off 0.00 4,594 8,667 0.00
Gain On Sale Of Security -5,006 -6,652 298.00 -153.00
Pretax Income -668,977 -701,215 -818,228 -1.7M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -668,977 -701,215 -818,228 -1.7M
Net Income From Continuing Operation Net Minority Interest -668,977 -701,215 -818,228 -1.7M
Net Income Including Noncontrolling Interests -668,977 -701,215 -818,228 -1.7M
Net Income Common Stockholders -668,977 -701,215 -818,228 -1.7M
Net Income -668,977 -701,215 -818,228 -1.7M
EBITDA 589,544 -267,178 -629,477 -1.7M
Normalized EBITDA 1.4M -255,932 -621,108 -1.7M
Reconciled Depreciation 450,196 420,067 183,047 17,984
Basic EPS -0.01 -0.01 -0.01 -0.02
Diluted EPS -0.01 -0.01 -0.01 -0.02
Basic Average Shares 100.3M 99.6M 97.9M 92.6M
Diluted Average Shares 100.3M 99.6M 97.9M 92.6M
Total Unusual Items -799,213 -11,246 -8,369 75,314
Total Unusual Items Excluding Goodwill -799,213 -11,246 -8,369 75,314
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income 130,236 -689,969 -809,859 -1.8M
Amortization 3,137 2,347 631.00 17,984
Amortization Of Intangibles Income Statement 3,137 2,347 631.00 17,984
Depreciation Amortization Depletion Income Statement 3,137 2,347 631.00 17,984
Diluted NI Availto Com Stockholders -668,977 -701,215 -818,228 -1.7M
Gain On Sale Of Ppe -32,033 0.00 0.00 --
Impairment Of Capital Assets 772,174 0.00 0.00 0.00
Insurance And Claims 90,633 92,812 60,251 44,784
Net Income Continuous Operations -668,977 -701,215 -818,228 -1.7M
Net Income Discontinuous Operations -- -- -- 0.00
Net Non Operating Interest Income Expense -9,112 -2,724 2,665 -44,663
Other Gand A 958,846 957,795 790,451 1.2M
Other Special Charges -10,000 -- -- -75,467
Reconciled Cost Of Revenue 2.5M 1.9M 1.1M 92,287
Rent And Landing Fees 27,100 18,000 16,800 12,810
Rent Expense Supplemental 27,100 18,000 16,800 12,810
Salaries And Wages 618,134 774,107 366,335 495,791
Selling And Marketing Expense 0.00 1,035 2,961 0.00
Total Expenses 4.6M 4.2M 2.6M 1.9M
Total Other Finance Cost 10,347 6,008 5,421 6,806
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 1.1M 276,571 620,527 2.0M
Cash Cash Equivalents And Short Term Investments 1.1M 286,571 630,527 2.0M
Other Short Term Investments 10,000 10,000 10,000 0.00
Accounts Receivable 414,263 420,998 748,097 83,847
Receivables 419,587 427,689 770,373 91,548
Inventory 507.00 20,676 0.00 --
Prepaid Assets 20,470 38,625 30,231 54,467
Current Assets 1.6M 773,561 1.4M 2.2M
Gross PPE 1.6M 2.3M 1.3M 105,358
Accumulated Depreciation -910,068 -602,280 -190,712 -14,483
Net PPE 656,441 1.7M 1.1M 90,875
Goodwill And Other Intangible Assets 59,147 46,649 29,861 31,508
Other Intangible Assets 59,147 46,649 29,861 31,508
Total Non Current Assets 715,588 1.8M 1.1M 122,383
Total Assets 2.3M 2.5M 2.6M 2.3M
Current Debt -- 40,000 40,000 40,000
Current Debt And Capital Lease Obligation -- 40,000 40,000 40,000
Accounts Payable 255,965 428,677 261,493 44,477
Payables 330,817 489,218 312,893 44,477
Payables And Accrued Expenses 330,817 489,218 312,893 44,477
Current Accrued Expenses -- -- -- 0.00
Current Deferred Revenue -- 0.00 252,000 0.00
Current Liabilities 330,817 529,218 604,893 84,477
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 330,817 529,218 604,893 84,477
Common Stock 27.3M 27.2M 27.1M 26.6M
Capital Stock 27.3M 27.2M 27.1M 26.6M
Retained Earnings -32.4M -31.7M -31.0M -30.2M
Gains Losses Not Affecting Retained Earnings -47.00 0.00 5.9M 5.8M
Other Equity Adjustments -47.00 -- -- --
Common Stock Equity 2.0M 2.0M 2.0M 2.2M
Stockholders Equity 2.0M 2.0M 2.0M 2.2M
Total Equity Gross Minority Interest 2.0M 2.0M 2.0M 2.2M
Total Capitalization 2.0M 2.0M 2.0M 2.2M
Net Tangible Assets 1.9M 2.0M 1.9M 2.2M
Tangible Book Value 1.9M 2.0M 1.9M 2.2M
Working Capital 1.3M 244,343 826,238 2.1M
Invested Capital 2.0M 2.0M 2.0M 2.2M
Total Debt -- 40,000 40,000 40,000
Share Issued 101.3M 99.6M 98.6M 97.5M
Ordinary Shares Number 101.3M 99.6M 98.6M 97.5M
Current Deferred Liabilities -- 0.00 252,000 0.00
Other Equity Interest 7.1M 6.6M 5.9M 5.8M
Other Properties 1.6M 2.3M 1.3M 105,358
Taxes Receivable 5,324 6,691 22,276 7,701
Total Tax Payable 74,852 60,541 51,400 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 1.0M 660,403 -437,832 -1.2M
Cash Flow From Continuing Operating Activities 1.0M 660,403 -437,832 -1.2M
Depreciation And Amortization 450,196 420,067 183,047 17,984
Depreciation Amortization Depletion 450,196 420,067 183,047 17,984
Stock Based Compensation 541,164 703,612 331,522 495,791
Change In Working Capital -111,975 233,345 -142,840 -78,235
Changes In Account Receivables 8,102 338,090 -687,492 -79,620
Change In Receivables 8,102 338,090 -687,492 -79,620
Change In Inventory 20,169 -20,676 0.00 0.00
Change In Payables And Accrued Expense -158,401 176,325 268,416 -69,592
Change In Other Working Capital -- -252,000 252,000 --
Other Non Cash Items -- -1.00 -- 38,438
Capital Expenditure -205,347 -1.0M -1.2M -140,364
Purchase Of PPE -181,094 -1.0M -1.2M -105,358
Net PPE Purchase And Sale -181,094 -1.0M -1.2M -105,358
Purchase Of Investment -- -- -10,000 0.00
Net Investment Purchase And Sale 0.00 0.00 -10,000 0.00
Investing Cash Flow -205,347 -1.0M -1.2M -140,364
Cash Flow From Continuing Investing Activities -205,347 -1.0M -1.2M -140,364
Issuance Of Debt -- -- 0.00 0.00
Repayment Of Debt -30,000 0.00 0.00 -1.0M
Net Issuance Payments Of Debt -30,000 0.00 0.00 -1.0M
Issuance Of Capital Stock -- 0.00 0.00 2.4M
Net Common Stock Issuance -- 0.00 0.00 2.4M
Financing Cash Flow 56,600 42,500 253,880 3.1M
Cash Flow From Continuing Financing Activities 56,600 42,500 253,880 3.1M
Effect Of Exchange Rate Changes -47.00 0.00 -- --
Changes In Cash 855,868 -343,956 -1.4M 1.7M
Beginning Cash Position 276,571 620,527 2.0M 302,715
End Cash Position 1.1M 276,571 620,527 2.0M
Free Cash Flow 799,268 -386,456 -1.6M -1.4M
Amortization Cash Flow 11,755 420,067 183,047 17,984
Amortization Of Intangibles 11,755 420,067 183,047 17,984
Asset Impairment Charge 772,174 4,594 8,667 0.00
Cash Dividends Paid -- -- -- 0.00
Cash From Discontinued Operating Activities -- -- -- 0.00
Change In Prepaid Assets 18,155 -8,394 24,236 70,977
Common Stock Issuance -- 0.00 0.00 2.4M
Depreciation 438,441 411,568 176,229 --
Gain Loss On Sale Of PPE 32,033 0.00 0.00 --
Interest Paid Cff -- -- -- 0.00
Long Term Debt Payments -- -- 0.00 0.00
Net Income From Continuing Operations -668,977 -701,215 -818,228 -1.7M
Net Intangibles Purchase And Sale -24,253 -25,288 -5,171 -35,006
Net Long Term Debt Issuance -- -- 0.00 0.00
Net Other Financing Charges -- -- -- -98,596
Net Short Term Debt Issuance -30,000 0.00 0.00 -1.0M
Operating Gains Losses 22,033 -- -- --
Proceeds From Stock Option Exercised 86,600 42,500 253,880 1.8M
Short Term Debt Issuance -- -- 0.00 0.00
Short Term Debt Payments -30,000 0.00 0.00 -1.0M
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