NorthStar Gaming Holdings Inc.
Financial Statements (IFRS) · Amounts in CAD
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 | 6.9M | 8.5M | 7.8M | 9.4M | 6.6M | -- |
| Operating Revenue | 6.9M | 8.5M | 7.8M | 9.4M | 6.6M | -- |
| Cost Of Revenue | 4.5M | 5.1M | 4.8M | 6.8M | 4.5M | -- |
| Gross Profit | 2.4M | 3.5M | 3.0M | 2.5M | 2.1M | -- |
| Selling General And Administration | 4.4M | 5.8M | 6.5M | 8.2M | 5.5M | -- |
| General And Administrative Expense | 2.2M | 2.7M | 2.4M | 3.0M | 2.6M | -- |
| Depreciation And Amortization In Income Statement | 89,692 | 93,016 | 91,803 | 90,438 | 89,242 | -- |
| Operating Expense | 4.5M | 5.8M | 6.6M | 8.3M | 5.5M | -- |
| Operating Income | -2.1M | -2.4M | -3.5M | -5.8M | -3.4M | -- |
| EBIT | -4.1M | -3.8M | -5.7M | -4.4M | -3.6M | -- |
| Interest Expense | 0.00 | 0.00 | 56,110 | 304,567 | 74,957 | -- |
| Interest Expense Non Operating | 0.00 | 0.00 | 56,110 | 304,567 | 74,957 | -- |
| Interest Income | 65,428 | 96,171 | 86,820 | 5,244 | 5,364 | -- |
| Interest Income Non Operating | 65,428 | 96,171 | 86,820 | 5,244 | 5,364 | -- |
| Net Interest Income | -2.0M | -1.9M | -1.5M | -138,256 | -382,215 | -- |
| Other Income Expense | -6,476 | 426,691 | -776,107 | 1.2M | 168,505 | -- |
| Other Non Operating Income Expenses | -- | 230,111 | -259,707 | 1.3M | -1,707 | -1,707 |
| Special Income Charges | 0.00 | 12,361 | -14,833 | 4,949 | 0.00 | -- |
| Restructuring And Mergern Acquisition | 0.00 | -12,361 | 14,833 | -4,950 | 0.00 | -- |
| Gain On Sale Of Security | -6,476 | 184,219 | -501,567 | -60,255 | 170,212 | -- |
| Pretax Income | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 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 | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Net Income From Continuing Operation Net Minority Interest | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Net Income Including Noncontrolling Interests | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Net Income Common Stockholders | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Net Income | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| EBITDA | -4.0M | -3.8M | -5.7M | -4.3M | -3.5M | -- |
| Normalized EBITDA | -4.0M | -3.9M | -5.1M | -4.2M | -3.7M | -- |
| Reconciled Depreciation | 94,692 | 93,016 | 91,803 | 90,438 | 89,242 | -- |
| Basic EPS | -0.02 | -0.02 | -0.03 | -- | -0.02 | -0.03 |
| Diluted EPS | -0.02 | -0.02 | -0.03 | -- | -0.02 | -0.03 |
| Basic Average Shares | 206.4M | 206.4M | 205.8M | -- | 197.3M | 197.3M |
| Diluted Average Shares | 206.4M | 206.4M | 205.8M | -- | 197.3M | 197.3M |
| Total Unusual Items | -6,476 | 196,580 | -516,400 | -55,306 | 170,212 | -- |
| Total Unusual Items Excluding Goodwill | -6,476 | 196,580 | -516,400 | -55,306 | 170,212 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -4.1M | -4.0M | -5.3M | -4.6M | -3.8M | -- |
| Depreciation Amortization Depletion Income Statement | 89,692 | 93,016 | 91,803 | 90,438 | 89,242 | -- |
| Diluted NI Availto Com Stockholders | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Gain On Sale Of Ppe | 0.00 | 0.00 | -- | -1.00 | 0.00 | -2,309 |
| Insurance And Claims | 104,737 | 157,559 | 71,725 | 124,406 | 135,325 | -- |
| Net Income Continuous Operations | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Net Non Operating Interest Income Expense | -2.0M | -1.9M | -1.5M | -138,256 | -382,215 | -- |
| Other Gand A | 659,596 | 1.1M | 697,244 | 1.4M | 1.2M | -- |
| Reconciled Cost Of Revenue | 4.5M | 5.1M | 4.8M | 6.8M | 4.5M | -- |
| Salaries And Wages | 1.4M | 1.4M | 1.6M | 1.4M | 1.3M | -- |
| Selling And Marketing Expense | 2.3M | 3.1M | 4.1M | 5.2M | 2.8M | -- |
| Total Expenses | 9.0M | 10.9M | 11.4M | 15.1M | 10.1M | -- |
| Total Operating Income As Reported | -2.1M | -2.4M | -3.5M | -- | -3.4M | -5.3M |
| Total Other Finance Cost | 2.0M | 2.0M | 1.5M | -161,067 | 312,622 | -- |
| 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 | 5.8M | 8.5M | 11.4M | 2.1M | 1.2M | -- |
| Cash Cash Equivalents And Short Term Investments | 5.8M | 8.5M | 11.4M | 2.1M | 1.2M | -- |
| Cash Financial | 5.8M | 8.5M | 11.4M | 2.1M | -- | -- |
| Accounts Receivable | 2.1M | 1.9M | 1.6M | 1.2M | 1.7M | -- |
| Receivables | 2.4M | 2.1M | 2.0M | 1.8M | 4.5M | -- |
| Prepaid Assets | 1.2M | 987,489 | 1.1M | 1.2M | 1.0M | -- |
| Other Current Assets | 1.4M | 1.5M | 1.6M | 1.5M | 949,728 | -- |
| Current Assets | 15.5M | 19.1M | 23.6M | 7.2M | 8.2M | -- |
| Gross PPE | -- | -- | -- | 59,852 | -- | -- |
| Accumulated Depreciation | -- | -- | -- | -26,518 | -- | -- |
| Net PPE | 31,316 | 33,658 | 36,898 | 33,334 | 36,327 | -- |
| Goodwill And Other Intangible Assets | 2.0M | 2.0M | 2.1M | 2.1M | 2.2M | -- |
| Other Intangible Assets | -- | -- | -- | 2.1M | -- | -- |
| Other Non Current Assets | -- | -- | -- | -- | -- | -1.00 |
| Total Non Current Assets | 2.8M | 2.9M | 2.9M | 2.2M | 2.3M | -- |
| Total Assets | 18.3M | 22.0M | 26.5M | 9.4M | 10.4M | -- |
| Current Debt | 1.1M | 1.1M | 814,332 | 9.4M | 6.1M | -- |
| Current Debt And Capital Lease Obligation | 1.1M | 1.1M | 814,332 | 9.4M | 6.1M | -- |
| Accounts Payable | 3.6M | 3.9M | 6.3M | 7.5M | 5.4M | -- |
| Payables | 5.8M | 6.0M | 7.1M | 14.0M | 10.6M | -- |
| Payables And Accrued Expenses | 5.8M | 6.0M | 7.1M | 14.0M | 10.6M | -- |
| Other Current Liabilities | 7.1M | 7.0M | 6.8M | 7.0M | 8.4M | -- |
| Current Liabilities | 14.0M | 14.0M | 14.8M | 30.3M | 25.1M | -- |
| Long Term Debt | 41.4M | 41.0M | 40.8M | 3.6M | 3.6M | -- |
| Long Term Debt And Capital Lease Obligation | 41.4M | 41.0M | 40.8M | 3.6M | 3.6M | -- |
| Other Non Current Liabilities | -1.00 | -- | -- | -- | -- | -1.00 |
| Total Non Current Liabilities Net Minority Interest | 42.5M | 42.1M | 42.2M | 4.4M | 3.8M | -- |
| Total Liabilities Net Minority Interest | 56.5M | 56.1M | 56.9M | 34.7M | 29.0M | -- |
| Common Stock | 33.6M | 33.6M | 33.5M | 33.5M | 33.7M | -- |
| Capital Stock | 34.4M | 34.4M | 34.4M | 34.4M | 34.5M | -- |
| Retained Earnings | -72.6M | -68.5M | -64.8M | -59.7M | -53.0M | -- |
| Common Stock Equity | -39.0M | -35.0M | -31.2M | -26.2M | -19.3M | -- |
| Stockholders Equity | -38.2M | -34.1M | -30.4M | -25.4M | -18.5M | -- |
| Total Equity Gross Minority Interest | -38.2M | -34.1M | -30.4M | -25.4M | -18.5M | -- |
| Total Capitalization | 3.3M | 6.9M | 10.4M | -21.8M | -14.9M | -- |
| Net Tangible Assets | -40.1M | -36.1M | -32.5M | -27.5M | -20.7M | -- |
| Tangible Book Value | -40.9M | -37.0M | -33.3M | -28.3M | -21.5M | -- |
| Working Capital | 1.5M | 5.1M | 8.8M | -23.2M | -16.9M | -- |
| Invested Capital | 3.6M | 7.1M | 10.4M | -13.2M | -9.6M | -- |
| Total Debt | 42.5M | 42.1M | 41.7M | 13.0M | 9.8M | -- |
| Net Debt | 36.8M | 33.6M | 30.3M | 10.9M | 8.5M | -- |
| Share Issued | 206.8M | 206.8M | 205.8M | 205.8M | 205.8M | -- |
| Ordinary Shares Number | 206.8M | 206.8M | 205.8M | 205.8M | 205.8M | -- |
| Current Notes Payable | 0.00 | 0.00 | 0.00 | 9.4M | 6.1M | -- |
| Derivative Product Liabilities | 1.1M | 1.1M | 1.3M | 811,461 | 179,912 | -- |
| Duefrom Related Parties Current | 342,276 | 193,716 | 373,145 | 645,874 | 2.4M | -- |
| Dueto Related Parties Current | 1.8M | 1.4M | 111,835 | 6.0M | 4.7M | -- |
| Machinery Furniture Equipment | -- | -- | -- | 59,852 | -- | -- |
| Non Current Prepaid Assets | 828,203 | 828,203 | 828,203 | -- | -- | -- |
| Other Current Borrowings | 1.1M | 1.1M | 814,332 | -- | -- | -- |
| Other Payable | 462,607 | 593,883 | 738,679 | 402,407 | 511,202 | -- |
| Other Receivables | -- | -- | -- | -- | 410,464 | 301,211 |
| Preferred Stock | 812,588 | 812,588 | 812,588 | 812,588 | 812,588 | -- |
| Preferred Stock Equity | 812,588 | 812,588 | 812,588 | 812,588 | 812,588 | -- |
| Restricted Cash | 4.7M | 6.0M | 7.5M | 513,000 | 513,000 | -- |
| 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 | -2.7M | -2.9M | -17.5M | -2.6M | -2.8M | -- |
| Cash Flow From Continuing Operating Activities | -2.7M | -2.9M | -17.5M | -2.6M | -2.8M | -- |
| Depreciation And Amortization | 94,692 | 93,016 | 91,803 | 90,438 | 89,242 | -- |
| Depreciation Amortization Depletion | 94,692 | 93,016 | 91,803 | 90,438 | 89,242 | -- |
| Stock Based Compensation | 67,014 | 46,088 | 33,976 | 11,276 | 81,330 | -- |
| Change In Working Capital | 742,476 | 484,691 | -13.9M | 3.1M | 392,749 | -- |
| Changes In Account Receivables | -189,171 | -279,006 | -413,440 | -331,539 | -153,133 | -- |
| Change In Receivables | -395,459 | 221,862 | -462,150 | 17,798 | 131,794 | -- |
| Change In Payables And Accrued Expense | -364,656 | -1.1M | -6.8M | 3.3M | 311,142 | -- |
| Change In Payable | -364,656 | -1.1M | -6.8M | 3.3M | 311,142 | -- |
| Change In Other Working Capital | 1.3M | 1.5M | -7.0M | 0.00 | 0.00 | -- |
| Change In Other Current Liabilities | 209,260 | 25,791 | -182,520 | 222,636 | 53,609 | -- |
| Other Non Cash Items | 527,022 | 559,205 | 1.5M | -1.1M | 495,553 | -- |
| Capital Expenditure | -43,617 | -24,309 | -22,233 | -21,479 | -26,973 | -- |
| Purchase Of PPE | -1,377 | 0.00 | -6,804 | 0.00 | 0.00 | -- |
| Net PPE Purchase And Sale | -1,377 | 0.00 | -6,804 | 0.00 | 0.00 | -- |
| Sale Of Business | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -43,617 | -24,309 | -22,233 | -21,479 | -26,973 | -- |
| Cash Flow From Continuing Investing Activities | -43,617 | -24,309 | -22,233 | -21,479 | -26,973 | -- |
| Issuance Of Debt | 0.00 | 0.00 | 36.7M | -6.0M | 3.0M | -- |
| Repayment Of Debt | 0.00 | 0.00 | -9.8M | -- | 0.00 | 0.00 |
| Net Issuance Payments Of Debt | 0.00 | 0.00 | 26.9M | -6.0M | 3.0M | -- |
| Issuance Of Capital Stock | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Common Stock Issuance | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 2.00 | 0.00 | 26.9M | 3.5M | 3.0M | -- |
| Cash Flow From Continuing Financing Activities | 0.00 | 0.00 | 26.9M | 3.5M | 3.0M | -- |
| Changes In Cash | -2.7M | -2.9M | 9.3M | 844,747 | 190,239 | -- |
| Beginning Cash Position | 8.5M | 11.4M | 2.1M | 1.2M | 1.1M | -- |
| End Cash Position | 5.8M | 8.5M | 11.4M | 2.1M | 1.2M | -- |
| Free Cash Flow | -2.7M | -2.9M | -17.5M | -2.7M | -2.8M | -- |
| Change In Account Payable | -399,320 | -2.3M | -1.3M | 2.0M | -994,280 | -- |
| Change In Prepaid Assets | -214,534 | 93,127 | 596,069 | -450,371 | -118,359 | -- |
| Common Stock Issuance | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Gain Loss On Investment Securities | -42,578 | -194,452 | 496,483 | 11,704 | -187,301 | -- |
| Gain Loss On Sale Of PPE | 0.00 | -- | -- | 1.00 | 0.00 | -- |
| Long Term Debt Issuance | 0.00 | 0.00 | 36.7M | -6.0M | 3.0M | -- |
| Net Business Purchase And Sale | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | -4.1M | -3.8M | -5.8M | -4.7M | -3.7M | -- |
| Net Intangibles Purchase And Sale | -42,240 | -24,309 | -15,429 | -21,479 | -26,973 | -- |
| Net Long Term Debt Issuance | 0.00 | 0.00 | 36.7M | -6.0M | 3.0M | -- |
| Net Other Financing Charges | -- | -- | -9.8M | -- | -- | -- |
| Net Short Term Debt Issuance | 0.00 | 0.00 | -9.8M | -- | 0.00 | 0.00 |
| Operating Gains Losses | -42,578 | -194,452 | 496,483 | 11,705 | -187,301 | -- |
| Proceeds From Stock Option Exercised | -- | -- | -- | 9.5M | 0.00 | 0.00 |
| Purchase Of Intangibles | -42,240 | -24,309 | -15,429 | -21,479 | -26,973 | -- |
| Short Term Debt Payments | 0.00 | 0.00 | -9.8M | -- | 0.00 | 0.00 |