Bridgemarq Real Estate Services 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 | 122.9M | 108.0M | 78.0M | 101.5M | 126.8M | -- |
| Operating Revenue | 117.9M | 102.4M | 73.2M | 97.2M | 121.1M | -- |
| Cost Of Revenue | 104.6M | 88.0M | 58.1M | 84.1M | 106.4M | -- |
| Gross Profit | 18.3M | 20.1M | 19.8M | 17.4M | 20.4M | -- |
| Selling General And Administration | 2.5M | 2.9M | 2.6M | 2.2M | 2.6M | -- |
| General And Administrative Expense | 1.7M | 1.7M | 1.3M | 1.4M | 1.9M | -- |
| Depreciation And Amortization In Income Statement | 2.9M | 2.9M | 2.9M | 3.6M | 3.4M | -- |
| Other Operating Expenses | 9.5M | 10.4M | 9.9M | 10.0M | 8.9M | -- |
| Operating Expense | 15.0M | 16.2M | 15.4M | 15.9M | 15.0M | -- |
| Operating Income | 3.4M | 3.9M | 4.5M | 1.5M | 5.4M | -- |
| EBIT | 3.3M | -1.1M | 10.2M | -5.8M | -5.5M | -- |
| Interest Expense | 4.0M | 4.0M | 3.9M | 4.1M | 4.1M | -- |
| Interest Expense Non Operating | 4.0M | 4.0M | 3.9M | 4.1M | 4.1M | -- |
| Net Interest Income | -4.0M | -4.0M | -3.9M | -4.1M | -4.1M | -- |
| Other Income Expense | -107,000 | -5.0M | 5.7M | -7.3M | -10.9M | -- |
| Special Income Charges | -107,000 | -41,000 | 0.00 | 412,000 | -53,000 | -- |
| Restructuring And Mergern Acquisition | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Gain On Sale Of Security | -- | -4.9M | 5.7M | -6.4M | -10.8M | 10.6M |
| Pretax Income | -695,000 | -5.1M | 6.2M | -9.9M | -9.6M | -- |
| Tax Provision | 1.0M | 392,000 | 215,000 | -1.8M | 1.2M | -- |
| Tax Effect Of Unusual Items | -16,050 | -746,550 | 195,692 | -1.1M | -1.6M | -- |
| Net Income From Continuing And Discontinued Operation | -1.7M | -5.4M | 6.0M | -8.1M | -10.8M | -- |
| Net Income From Continuing Operation Net Minority Interest | -1.7M | -5.4M | 6.0M | -8.1M | -10.8M | -- |
| Net Income Including Noncontrolling Interests | -1.7M | -5.4M | 6.0M | -8.1M | -10.8M | -- |
| Net Income Common Stockholders | -1.7M | -5.4M | 6.0M | -8.1M | -10.8M | -- |
| Net Income | -1.7M | -5.4M | 6.0M | -8.1M | -10.8M | -- |
| EBITDA | 6.3M | 2.0M | 13.2M | -2.2M | -1.8M | -- |
| Normalized EBITDA | 6.5M | 6.9M | 7.5M | 3.8M | 9.1M | -- |
| Reconciled Depreciation | 3.1M | 3.1M | 3.0M | 3.5M | 3.7M | -- |
| Basic EPS | -0.18 | -0.57 | 0.64 | -1.02 | -1.14 | -- |
| Diluted EPS | -0.18 | -0.57 | 0.20 | -1.02 | -1.14 | -- |
| Basic Average Shares | 9.5M | 9.5M | 9.5M | 9.4M | 9.5M | -- |
| Diluted Average Shares | 9.5M | 15.7M | 15.7M | 9.4M | 9.5M | -- |
| Total Unusual Items | -107,000 | -5.0M | 5.7M | -6.0M | -10.9M | -- |
| Total Unusual Items Excluding Goodwill | -107,000 | -5.0M | 5.7M | -6.0M | -10.9M | -- |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.03 | 0.18 | 0.15 | -- |
| Normalized Income | -1.6M | -1.2M | 541,692 | -3.2M | -1.6M | -- |
| Average Dilution Earnings | 2.7M | 7.7M | -3.0M | 9.2M | 13.5M | -- |
| Depreciation Amortization Depletion Income Statement | 2.9M | 2.9M | 2.9M | 3.6M | 3.4M | -- |
| Diluted NI Availto Com Stockholders | 1.0M | 2.2M | 3.1M | 1.0M | 2.7M | -- |
| Impairment Of Capital Assets | 107,000 | 41,000 | 0.00 | 854,000 | 53,000 | -- |
| Net Income Continuous Operations | -1.7M | -5.4M | 6.0M | -8.1M | -10.8M | -- |
| Net Non Operating Interest Income Expense | -4.0M | -4.0M | -3.9M | -4.1M | -4.1M | -- |
| Other Gand A | 1.5M | 1.6M | 1.3M | 1.4M | 1.9M | -- |
| Reconciled Cost Of Revenue | 104.4M | 87.8M | 58.0M | 84.3M | 106.2M | -- |
| Salaries And Wages | 199,000 | 53,000 | -- | -- | 0.00 | 0.00 |
| Selling And Marketing Expense | 881,000 | 1.2M | 1.3M | 830,000 | 746,000 | -- |
| Total Expenses | 119.5M | 104.1M | 73.5M | 100.0M | 121.4M | -- |
| Total Operating Income As Reported | 2.0M | 2.6M | 3.3M | -691,000 | 3.9M | -- |
| 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 | 9.6M | 11.4M | 7.2M | 9.1M | 12.1M | -- |
| Cash Cash Equivalents And Short Term Investments | 9.6M | 11.4M | 7.2M | 9.1M | 12.1M | -- |
| Cash Financial | 9.6M | 11.4M | 7.2M | 9.1M | 12.1M | -- |
| Accounts Receivable | 6.3M | 7.7M | 7.6M | 5.7M | 5.1M | -- |
| Receivables | 6.7M | 7.9M | 7.9M | 6.0M | 5.6M | -- |
| Prepaid Assets | -- | -- | -- | -- | -- | 4.4M |
| Other Current Assets | 3.0M | 4.3M | 5.1M | 3.3M | 2.7M | -- |
| Current Assets | 57.5M | 77.5M | 58.6M | 53.9M | 58.2M | -- |
| Gross PPE | 25.7M | 24.8M | 24.7M | 25.3M | 25.4M | -- |
| Accumulated Depreciation | -5.7M | -4.7M | -3.8M | -3.5M | -2.5M | -- |
| Net PPE | 20.0M | 20.0M | 20.9M | 21.8M | 23.0M | -- |
| Goodwill | 23.6M | 23.6M | 23.6M | 23.6M | 19.6M | -- |
| Goodwill And Other Intangible Assets | 69.3M | 68.5M | 70.2M | 71.8M | 72.7M | -- |
| Other Intangible Assets | 45.7M | 44.9M | 46.5M | 48.1M | 53.1M | -- |
| Total Non Current Assets | 99.4M | 99.2M | 101.8M | 103.6M | 105.2M | -- |
| Total Assets | 156.9M | 176.7M | 160.4M | 157.4M | 163.4M | -- |
| Current Debt And Capital Lease Obligation | 3.0M | 3.0M | 2.9M | 3.0M | 2.9M | -- |
| Accounts Payable | 15.3M | 19.1M | 16.2M | 16.8M | 14.8M | -- |
| Payables | 16.4M | 20.3M | 17.4M | 17.9M | 15.8M | -- |
| Payables And Accrued Expenses | 17.3M | 21.2M | 18.3M | 18.8M | 16.7M | -- |
| Current Accrued Expenses | 909,000 | 909,000 | 909,000 | 909,000 | 909,000 | -- |
| Current Deferred Revenue | 38.3M | 53.9M | 38.5M | 35.5M | 37.8M | -- |
| Other Current Liabilities | 93.2M | 93.2M | 88.2M | 93.9M | 87.5M | -- |
| Current Liabilities | 151.8M | 171.2M | 147.9M | 151.2M | 144.9M | -- |
| Long Term Debt | 78.0M | 73.9M | 70.9M | 66.9M | 67.0M | -- |
| Long Term Debt And Capital Lease Obligation | 94.3M | 90.0M | 87.6M | 84.2M | 85.0M | -- |
| Long Term Capital Lease Obligation | 16.3M | 16.1M | 16.7M | 17.3M | 18.1M | -- |
| Total Non Current Liabilities Net Minority Interest | 96.1M | 91.6M | 89.8M | 86.5M | 87.3M | -- |
| Total Liabilities Net Minority Interest | 247.9M | 262.8M | 237.8M | 237.7M | 232.3M | -- |
| Common Stock | 140.1M | 140.1M | 140.1M | 140.1M | 140.1M | -- |
| Capital Stock | 140.1M | 140.1M | 140.1M | 140.1M | 140.1M | -- |
| Retained Earnings | -231.1M | -226.1M | -217.5M | -220.3M | -209.0M | -- |
| Common Stock Equity | -91.0M | -86.1M | -77.4M | -80.2M | -68.9M | -- |
| Stockholders Equity | -91.0M | -86.1M | -77.4M | -80.2M | -68.9M | -- |
| Total Equity Gross Minority Interest | -91.0M | -86.1M | -77.4M | -80.2M | -68.9M | -- |
| Total Capitalization | -12.9M | -12.1M | -6.5M | -13.3M | -1.9M | -- |
| Net Tangible Assets | -160.3M | -154.5M | -147.6M | -152.0M | -141.6M | -- |
| Tangible Book Value | -160.3M | -154.5M | -147.6M | -152.0M | -141.6M | -- |
| Working Capital | -94.3M | -93.7M | -89.3M | -97.3M | -86.7M | -- |
| Invested Capital | -12.9M | -12.1M | -6.5M | -13.3M | -1.9M | -- |
| Total Debt | 97.4M | 93.0M | 90.5M | 87.2M | 88.0M | -- |
| Net Debt | 68.5M | 62.5M | 63.7M | 57.8M | 54.8M | -- |
| Share Issued | 9.5M | 9.5M | 9.5M | 9.5M | 9.5M | -- |
| Ordinary Shares Number | 9.5M | 9.5M | 9.5M | 9.5M | 9.5M | -- |
| Allowance For Doubtful Accounts Receivable | -458,000 | -434,000 | -409,000 | -407,000 | -357,000 | -- |
| Capital Lease Obligations | 19.3M | 19.1M | 19.6M | 20.3M | 21.0M | -- |
| Current Capital Lease Obligation | 3.0M | 3.0M | 2.9M | 3.0M | 2.9M | -- |
| Current Deferred Liabilities | 38.3M | 53.9M | 38.5M | 35.5M | 37.8M | -- |
| Dividends Payable | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | -- |
| Gross Accounts Receivable | 6.7M | 8.2M | 8.0M | 6.1M | 5.5M | -- |
| Income Tax Payable | -- | 153,000 | 139,000 | -- | -- | -- |
| Interest Payable | 909,000 | 909,000 | 909,000 | 909,000 | 909,000 | -- |
| Leases | 23.2M | 22.3M | 22.2M | 24.3M | 24.5M | -- |
| Machinery Furniture Equipment | -- | -- | -- | 701,000 | 652,000 | 626,000 |
| Non Current Deferred Assets | 9.9M | 10.5M | 10.6M | 9.8M | 9.2M | -- |
| Non Current Deferred Liabilities | 1.8M | 1.5M | 2.2M | 2.3M | 2.3M | -- |
| Non Current Deferred Revenue | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Non Current Deferred Taxes Assets | 9.9M | 10.5M | 10.6M | 9.8M | 9.2M | -- |
| Non Current Deferred Taxes Liabilities | 1.8M | 1.5M | 2.2M | 2.3M | 2.3M | -- |
| Non Current Note Receivables | 195,000 | 147,000 | 166,000 | 210,000 | 261,000 | -- |
| Notes Receivable | 175,000 | 167,000 | 168,000 | 145,000 | 338,000 | -- |
| Other Properties | 2.5M | 2.5M | 2.5M | 317,000 | 285,000 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Restricted Cash | 38.3M | 53.9M | 38.5M | 35.5M | 37.8M | -- |
| Taxes Receivable | 261,000 | 0.00 | 90,000 | 155,000 | 147,000 | -- |
| Total Tax Payable | -- | 153,000 | 139,000 | -- | -- | -- |
| 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 | 1.3M | 5.9M | -1.3M | 1.8M | 2.7M | -- |
| Cash Flow From Continuing Operating Activities | 1.3M | 5.9M | -1.3M | 1.8M | 2.7M | -- |
| Depreciation And Amortization | 3.1M | 3.1M | 3.0M | 3.5M | 3.7M | -- |
| Depreciation Amortization Depletion | 3.1M | 3.1M | 3.0M | 3.5M | 3.7M | -- |
| Deferred Tax | 1.0M | 392,000 | 215,000 | -1.8M | 1.2M | -- |
| Deferred Income Tax | 1.0M | 392,000 | 215,000 | -1.8M | 1.2M | -- |
| Change In Working Capital | -835,000 | 3.4M | -4.4M | 1.0M | -1.7M | -- |
| Other Non Cash Items | 3.6M | 3.6M | 3.6M | 3.8M | 3.6M | -- |
| Capital Expenditure | -3.0M | -366,000 | -- | -463,000 | -319,000 | -658,000 |
| Purchase Of PPE | -3.0M | -366,000 | -- | -463,000 | -319,000 | -658,000 |
| Net PPE Purchase And Sale | -3.0M | -366,000 | -- | -463,000 | -319,000 | -658,000 |
| Purchase Of Business | 0.00 | -- | -- | -- | 0.00 | -131,000 |
| Sale Of Business | -- | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Investing Cash Flow | -3.0M | -366,000 | -380,000 | -463,000 | -319,000 | -- |
| Cash Flow From Continuing Investing Activities | -3.0M | -366,000 | -380,000 | -463,000 | -319,000 | -- |
| Issuance Of Debt | 5.6M | 3.0M | 4.0M | -- | 0.00 | 0.00 |
| Repayment Of Debt | -2.5M | -1.1M | -1.1M | -1.1M | -1.1M | -- |
| Net Issuance Payments Of Debt | 3.1M | 1.9M | 2.9M | -1.1M | -1.1M | -- |
| Common Stock Dividend Paid | -- | -- | -3.2M | -- | -- | -- |
| Financing Cash Flow | -122,000 | -1.3M | -260,000 | -4.4M | -4.3M | -- |
| Cash Flow From Continuing Financing Activities | -122,000 | -1.3M | -260,000 | -4.4M | -4.3M | -- |
| Changes In Cash | -1.9M | 4.2M | -1.9M | -3.0M | -1.9M | -- |
| Beginning Cash Position | 11.4M | 7.2M | 9.1M | 12.1M | 14.1M | -- |
| End Cash Position | 9.6M | 11.4M | 7.2M | 9.1M | 12.1M | -- |
| Free Cash Flow | -1.7M | 5.5M | -1.3M | 1.3M | 2.4M | -- |
| Asset Impairment Charge | 107,000 | 41,000 | 0.00 | 854,000 | 53,000 | -- |
| Cash Dividends Paid | -3.2M | -3.2M | -3.2M | -3.2M | -3.2M | -- |
| Interest Paid Cfo | -3.6M | -3.7M | -3.6M | -3.8M | -3.9M | -- |
| Interest Received Cfo | 312,000 | 343,000 | 272,000 | 378,000 | 521,000 | -- |
| Long Term Debt Issuance | 5.6M | 3.0M | 4.0M | -- | 0.00 | 0.00 |
| Long Term Debt Payments | -2.5M | -1.1M | -1.1M | -1.1M | -1.1M | -- |
| Net Business Purchase And Sale | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing Operations | -1.7M | -5.4M | 6.0M | -8.1M | -10.8M | -- |
| Net Long Term Debt Issuance | 3.1M | 1.9M | 2.9M | -1.1M | -1.1M | -- |
| Net Other Financing Charges | -- | -- | -- | -81,000 | -- | -- |
| Net Other Investing Changes | -- | -- | -380,000 | 0.00 | -- | -- |
| Taxes Refund Paid | -711,000 | -831,000 | -711,000 | -507,000 | -831,000 | -- |
| Unrealized Gain Loss On Investment Securities | 0.00 | 4.9M | -5.7M | 6.4M | 10.8M | -- |