NorthStar Gaming Holdings Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2023Jun 30, 2023 | FY 2022Dec 31, 2022 | FY 2022Jun 30, 2022 |
|---|---|---|---|---|---|
| Total Revenue | 29.6M | 18.8M | 8.3M | 5.7M | -- |
| Operating Revenue | 29.6M | 18.8M | 8.3M | 5.7M | -- |
| Cost Of Revenue | 19.0M | 13.3M | -- | 4.5M | -- |
| Gross Profit | 10.5M | 5.5M | -- | 1.2M | -- |
| Selling General And Administration | 29.3M | 31.0M | 13.4M | 21.2M | -- |
| General And Administrative Expense | 13.9M | 16.9M | 6.8M | 7.2M | -- |
| Depreciation And Amortization In Income Statement | 353,421 | 246,291 | -- | 70,056 | -- |
| Other Operating Expenses | -- | 2.8M | 2.8M | -- | -- |
| Operating Expense | 29.7M | 34.1M | 16.3M | 21.3M | -- |
| Operating Income | -19.2M | -28.6M | -13.3M | -20.1M | -- |
| EBIT | -18.6M | -27.4M | -13.3M | -20.1M | -- |
| Interest Expense | 422,921 | 0.00 | -- | 138,903 | -- |
| Interest Expense Non Operating | 422,921 | 0.00 | -- | 138,903 | -- |
| Interest Income | 35,290 | 87,234 | -- | 0.00 | -- |
| Interest Income Non Operating | 35,290 | 87,234 | -- | 0.00 | -- |
| Net Interest Income | -1.1M | -626,526 | -278,336 | -138,903 | -- |
| Other Income Expense | 1.3M | 1.8M | -- | -- | -- |
| Other Non Operating Income Expenses | 1.3M | 47,662 | -- | -- | -- |
| Special Income Charges | 156.00 | 390,228 | -- | 0.00 | -- |
| Restructuring And Mergern Acquisition | -2,466 | -390,228 | -- | 0.00 | -- |
| Gain On Sale Of Security | 7,443 | 1.3M | -- | -- | -- |
| Pretax Income | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Tax Provision | 0.00 | 0.00 | -- | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Net Income From Continuing Operation Net Minority Interest | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Net Income Including Noncontrolling Interests | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Net Income Common Stockholders | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Net Income | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| EBITDA | -18.2M | -27.1M | -13.3M | -20.0M | -- |
| Normalized EBITDA | -18.2M | -28.9M | -13.3M | -20.0M | -- |
| Reconciled Depreciation | 353,421 | 246,290 | -- | 70,056 | -- |
| Basic EPS | -0.09 | -0.17 | -- | -0.13 | -- |
| Diluted EPS | -0.09 | -0.17 | -- | -0.13 | -- |
| Basic Average Shares | 200.3M | 160.5M | -- | 156.6M | -- |
| Diluted Average Shares | 200.3M | 160.5M | -- | 156.6M | -- |
| Total Unusual Items | 7,599 | 1.7M | -- | 0.00 | -- |
| Total Unusual Items Excluding Goodwill | 7,599 | 1.7M | -- | 0.00 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -19.0M | -29.1M | -13.6M | -20.2M | -- |
| Depreciation Amortization Depletion Income Statement | 353,421 | 246,291 | -- | 70,056 | -- |
| Diluted NI Availto Com Stockholders | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Gain On Sale Of Ppe | -2,310 | 0.00 | -- | -- | -- |
| Insurance And Claims | 761,644 | 1.2M | -- | 470,485 | -- |
| Net Income Continuous Operations | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Net Non Operating Interest Income Expense | -1.1M | -626,526 | -278,336 | -138,903 | -- |
| Other Gand A | 3.9M | 5.4M | 2.0M | 1.8M | -- |
| Reconciled Cost Of Revenue | 19.0M | 13.3M | -- | 4.5M | -- |
| Salaries And Wages | 9.2M | 10.4M | 4.1M | 4.9M | -- |
| Selling And Marketing Expense | 15.5M | 14.1M | -- | 13.9M | -- |
| Total Expenses | 48.7M | 47.4M | 21.6M | 25.8M | -- |
| Total Operating Income As Reported | -19.2M | -28.6M | -- | -- | -- |
| Total Other Finance Cost | 738,843 | 713,760 | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2023Jun 30, 2023 | FY 2022Dec 31, 2022 | FY 2022Jun 30, 2022 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 2.1M | 3.9M | -- | 1.2M | 294,124 |
| Cash Cash Equivalents And Short Term Investments | 2.1M | 3.9M | -- | 1.2M | 294,124 |
| Cash Financial | 2.1M | 3.9M | -- | 1.2M | -- |
| Accounts Receivable | 1.2M | 726,092 | -- | 740,358 | 5,193 |
| Receivables | 1.8M | 2.1M | -- | 740,519 | 5,193 |
| Prepaid Assets | 1.2M | 1.0M | -- | 1.1M | -- |
| Other Current Assets | 1.5M | 975,942 | -- | 538,959 | -- |
| Current Assets | 7.2M | 8.3M | -- | 15.9M | 299,317 |
| Gross PPE | 59,852 | 53,261 | -- | 38,291 | -- |
| Accumulated Depreciation | -26,518 | -17,331 | -- | -8,153 | -- |
| Net PPE | 33,334 | 35,930 | -- | 30,138 | -- |
| Goodwill And Other Intangible Assets | 2.1M | 2.4M | -- | 473,666 | -- |
| Other Intangible Assets | 2.1M | 2.4M | -- | 473,666 | -- |
| Total Non Current Assets | 2.2M | 2.4M | -- | 503,804 | 0.00 |
| Total Assets | 9.4M | 10.7M | -- | 16.4M | 299,317 |
| Current Debt | 9.4M | -- | -- | 12.2M | -- |
| Current Debt And Capital Lease Obligation | 9.4M | -- | -- | 12.2M | -- |
| Accounts Payable | 7.5M | 8.0M | -- | 6.4M | 176.00 |
| Payables | 14.0M | 10.0M | -- | 12.9M | 176.00 |
| Payables And Accrued Expenses | 14.0M | 10.0M | -- | 12.9M | 36,252 |
| Current Accrued Expenses | -- | -- | -- | -- | 36,076 |
| Other Current Liabilities | 7.0M | 7.5M | -- | 7.5M | -- |
| Current Liabilities | 30.3M | 17.5M | -- | 32.6M | 36,252 |
| Long Term Debt | 3.6M | 3.0M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 3.6M | 3.0M | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 4.4M | 3.9M | -- | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 34.7M | 21.4M | -- | 32.6M | 36,252 |
| Common Stock | 33.5M | 26.8M | -- | 5.2M | 883,245 |
| Capital Stock | 34.4M | 27.6M | -- | 6.1M | 883,245 |
| Retained Earnings | -59.7M | -38.3M | -- | -22.3M | -650,874 |
| Gains Losses Not Affecting Retained Earnings | -- | -- | -- | -- | 30,694 |
| Common Stock Equity | -26.2M | -11.5M | -- | -17.2M | 263,065 |
| Stockholders Equity | -25.4M | -10.7M | -- | -16.2M | 263,065 |
| Total Equity Gross Minority Interest | -25.4M | -10.7M | -- | -16.2M | 263,065 |
| Total Capitalization | -21.8M | -7.7M | -- | -16.2M | 263,065 |
| Net Tangible Assets | -27.5M | -13.1M | -- | -16.7M | 263,065 |
| Tangible Book Value | -28.3M | -13.9M | -- | -17.6M | 263,065 |
| Working Capital | -23.2M | -9.2M | -- | -16.7M | 263,065 |
| Invested Capital | -13.2M | -8.5M | -- | -4.9M | 263,065 |
| Total Debt | 13.0M | 3.0M | -- | 12.2M | -- |
| Net Debt | 10.9M | -- | -- | 11.1M | -- |
| Share Issued | 205.8M | 192.8M | -- | 156.6M | 156.6M |
| Ordinary Shares Number | 205.8M | 192.8M | -- | 156.6M | 156.6M |
| Current Notes Payable | 9.4M | 0.00 | -- | 0.00 | -- |
| Derivative Product Liabilities | 811,461 | 911,951 | -- | 0.00 | -- |
| Duefrom Related Parties Current | 645,874 | 1.4M | -- | 161.00 | -- |
| Dueto Related Parties Current | 6.0M | 1.8M | -- | 6.5M | -- |
| Machinery Furniture Equipment | 59,852 | 53,261 | -- | 38,291 | -- |
| Other Current Borrowings | -- | -- | -- | 12.2M | -- |
| Other Payable | 402,407 | 223,972 | -- | -- | -- |
| Preferred Stock | 812,588 | 812,588 | -- | 955,986 | -- |
| Preferred Stock Equity | 812,588 | 812,588 | -- | 955,986 | -- |
| Restricted Cash | 513,000 | 271,000 | -- | 12.4M | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2023Jun 30, 2023 | FY 2022Dec 31, 2022 | FY 2022Jun 30, 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -11.2M | -19.6M | -11.8M | -12.3M | -- |
| Cash Flow From Continuing Operating Activities | -11.2M | -19.6M | -11.8M | -12.3M | -- |
| Depreciation And Amortization | 353,421 | 246,290 | -- | 70,056 | -- |
| Depreciation Amortization Depletion | 353,421 | 246,290 | -- | 70,056 | -- |
| Stock Based Compensation | 3.8M | 5.3M | -- | 364,911 | -- |
| Change In Working Capital | 3.7M | 786,154 | -2.8M | 7.3M | -- |
| Changes In Account Receivables | -468,444 | 160,976 | -- | -234,854 | -- |
| Change In Receivables | 122,071 | -1.2M | -720,073 | -235,015 | -- |
| Change In Payables And Accrued Expense | 4.1M | 2.0M | -1.8M | 8.5M | -- |
| Change In Payable | 4.1M | 2.0M | -- | 8.5M | -- |
| Change In Other Working Capital | -242,000 | -171,000 | -- | -100,000 | -- |
| Change In Other Current Liabilities | 351,938 | 353,931 | -- | 461,701 | -- |
| Other Non Cash Items | 31,622 | 2.8M | -- | 130,700 | -- |
| Capital Expenditure | -124,456 | -260,338 | -- | -490,682 | -- |
| Purchase Of PPE | -11,540 | -14,970 | -11,043 | -7,642 | -- |
| Net PPE Purchase And Sale | -11,540 | -14,970 | -11,043 | -7,642 | -- |
| Sale Of Business | 0.00 | 290,859 | -- | 0.00 | -- |
| Investing Cash Flow | -124,456 | 30,521 | 319,624 | -490,682 | -- |
| Cash Flow From Continuing Investing Activities | -124,456 | 30,521 | 319,624 | -490,682 | -- |
| Issuance Of Debt | 0.00 | 12.4M | -- | 5.0M | -- |
| Net Issuance Payments Of Debt | 0.00 | 12.4M | -- | 5.0M | -- |
| Issuance Of Capital Stock | 0.00 | 9.5M | 11.6M | 9.0M | -- |
| Net Common Stock Issuance | 0.00 | 9.5M | 11.6M | 5.2M | -- |
| Financing Cash Flow | 9.5M | 22.3M | 12.1M | 14.0M | -- |
| Cash Flow From Continuing Financing Activities | 9.5M | 22.3M | 12.1M | 14.0M | -- |
| Changes In Cash | -1.8M | 2.7M | 640,526 | 1.2M | -- |
| Beginning Cash Position | 3.9M | 1.2M | 1.5M | 11,680 | -- |
| End Cash Position | 2.1M | 3.9M | 2.1M | 1.2M | -- |
| Free Cash Flow | -11.3M | -19.9M | -11.9M | -12.8M | -- |
| Change In Account Payable | -369,251 | 1.4M | -- | 7.1M | -- |
| Change In Prepaid Assets | -561,923 | -163,699 | -- | -1.3M | -- |
| Common Stock Issuance | 0.00 | 9.5M | 11.6M | 5.2M | -- |
| Gain Loss On Investment Securities | -100,490 | -1.4M | -- | -- | -- |
| Gain Loss On Sale Of PPE | 2,310 | 0.00 | -- | -- | -- |
| Long Term Debt Issuance | 0.00 | 12.4M | -- | 5.0M | -- |
| Net Business Purchase And Sale | 0.00 | 290,859 | -- | 0.00 | -- |
| Net Income From Continuing Operations | -19.0M | -27.4M | -13.6M | -20.2M | -- |
| Net Intangibles Purchase And Sale | -112,916 | -245,368 | -- | -483,040 | -- |
| Net Long Term Debt Issuance | 0.00 | 12.4M | -- | 5.0M | -- |
| Net Preferred Stock Issuance | -- | 0.00 | -- | 3.8M | -- |
| Operating Gains Losses | -98,180 | -1.4M | -- | -- | -- |
| Preferred Stock Issuance | -- | 0.00 | -- | 3.8M | -- |
| Proceeds From Stock Option Exercised | 9.5M | 472,084 | -- | 0.00 | -- |
| Purchase Of Intangibles | -112,916 | -245,368 | -- | -483,040 | -- |