Composite Alliance Group Inc.
Financial Statements (IFRS) · Amounts in CAD
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 | 10.8M | 14.4M | 6.9M | 5.9M |
| Operating Revenue | 10.8M | 14.4M | 6.9M | 5.9M |
| Cost Of Revenue | 6.5M | 9.7M | 4.1M | 2.7M |
| Gross Profit | 4.3M | 4.6M | 2.8M | 3.2M |
| Selling General And Administration | 5.4M | 4.0M | 3.1M | 2.4M |
| General And Administrative Expense | 2.2M | 1.5M | 1.9M | 1.1M |
| Depreciation And Amortization In Income Statement | 929,345 | 773,628 | 609,652 | 960,184 |
| Other Operating Expenses | -565,793 | 716,684 | -24,225 | -104,302 |
| Operating Expense | 5.8M | 5.7M | 3.7M | 3.3M |
| Operating Income | -1.6M | -1.0M | -959,596 | -114,726 |
| EBIT | -1.6M | -1.0M | -959,596 | -114,726 |
| Interest Expense | -- | -- | -- | 228,250 |
| Interest Expense Non Operating | -- | -- | -- | 228,250 |
| Net Interest Income | -586,686 | -441,885 | 256,145 | -228,250 |
| Other Income Expense | -82,920 | 675,570 | 280,730 | 306,650 |
| Other Non Operating Income Expenses | -117,732 | 675,570 | 233,935 | 285,208 |
| Gain On Sale Of Security | 34,812 | -- | 46,795 | 21,442 |
| Pretax Income | -2.2M | -812,607 | -422,721 | -36,326 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -2.2M | -812,607 | -422,721 | -17,670 |
| Net Income From Continuing Operation Net Minority Interest | -2.2M | -812,607 | -422,721 | -17,670 |
| Net Income Including Noncontrolling Interests | -2.2M | -812,607 | -422,721 | -36,326 |
| Minority Interests | -- | -- | 0.00 | 18,656 |
| Net Income Common Stockholders | -2.2M | -812,607 | -422,721 | -17,670 |
| Net Income | -2.2M | -812,607 | -422,721 | -17,670 |
| EBITDA | -633,824 | -272,664 | -349,944 | 845,458 |
| Normalized EBITDA | -668,636 | -272,664 | -396,739 | 824,016 |
| Reconciled Depreciation | 929,345 | 773,628 | 609,652 | 960,184 |
| Basic EPS | -0.02 | -0.01 | -0.00 | -0.00 |
| Diluted EPS | -0.02 | -0.01 | -0.00 | -0.00 |
| Basic Average Shares | 110.2M | 110.2M | 110.2M | 110.2M |
| Diluted Average Shares | 110.2M | 110.2M | 110.2M | 110.2M |
| Total Unusual Items | 34,812 | -- | 46,795 | 21,442 |
| Total Unusual Items Excluding Goodwill | 34,812 | -- | 46,795 | 21,442 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -2.3M | -812,607 | -469,516 | -39,112 |
| Depreciation Amortization Depletion Income Statement | 929,345 | 773,628 | 609,652 | 960,184 |
| Diluted NI Availto Com Stockholders | -2.2M | -812,607 | -422,721 | -17,670 |
| Net Income Continuous Operations | -2.2M | -812,607 | -422,721 | -36,326 |
| Net Non Operating Interest Income Expense | -586,686 | -441,885 | 256,145 | -228,250 |
| Other Gand A | -- | -- | -- | 1.3M |
| Other Taxes | 92,728 | 226,187 | 64,779 | 76,413 |
| Reconciled Cost Of Revenue | 6.5M | 9.7M | 4.1M | 2.7M |
| Salaries And Wages | 2.2M | 1.5M | 1.9M | 1.1M |
| Selling And Marketing Expense | 3.2M | 2.5M | 1.2M | 1.3M |
| Total Expenses | 12.3M | 15.4M | 7.8M | 6.0M |
| Total Other Finance Cost | 586,686 | 441,885 | -256,145 | 228,250 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 457,039 | 99,768 | 98,986 | 2.1M |
| Cash Cash Equivalents And Short Term Investments | 457,039 | 99,768 | 98,986 | 2.1M |
| Cash Financial | 457,039 | 99,768 | 98,986 | 2.1M |
| Accounts Receivable | 3.2M | 5.5M | 3.9M | 5.4M |
| Receivables | 12.1M | 9.0M | 8.9M | 6.0M |
| Prepaid Assets | -- | -- | -- | 266,653 |
| Other Current Assets | 137,866 | 149,671 | 140,241 | 266,653 |
| Current Assets | 12.7M | 9.2M | 9.1M | 8.3M |
| Gross PPE | 3.3M | 3.3M | 3.1M | 2.1M |
| Accumulated Depreciation | -2.3M | -2.0M | -1.8M | -1.6M |
| Net PPE | 1.0M | 1.3M | 1.2M | 560,603 |
| Goodwill And Other Intangible Assets | 3.7M | 2.7M | 1.3M | 983,707 |
| Other Intangible Assets | 3.7M | 2.7M | 1.3M | 983,707 |
| Investments And Advances | 569.00 | 557.00 | 551.00 | 13,500 |
| Total Non Current Assets | 5.1M | 4.4M | 2.9M | 1.9M |
| Total Assets | 17.8M | 13.6M | 12.0M | 10.2M |
| Current Debt | 2.8M | 778,863 | 1.4M | 410,770 |
| Current Debt And Capital Lease Obligation | 3.1M | 1.0M | 1.6M | 515,077 |
| Accounts Payable | 6.6M | 5.3M | 3.1M | 2.2M |
| Payables | 8.6M | 6.1M | 3.6M | 2.8M |
| Payables And Accrued Expenses | 8.6M | 6.1M | 3.6M | 2.8M |
| Current Deferred Revenue | 3.4M | 1.2M | 593,358 | 389,381 |
| Other Current Liabilities | 52,478 | 42,219 | 643,360 | 117,043 |
| Current Liabilities | 15.5M | 9.2M | 6.5M | 3.8M |
| Long Term Debt | 6.8M | 6.6M | 6.9M | 7.6M |
| Long Term Debt And Capital Lease Obligation | 7.6M | 7.6M | 7.9M | 7.9M |
| Long Term Capital Lease Obligation | 739,302 | 959,512 | 999,581 | 334,812 |
| Total Non Current Liabilities Net Minority Interest | 8.1M | 7.9M | 8.2M | 8.2M |
| Total Liabilities Net Minority Interest | 23.6M | 17.1M | 14.7M | 12.0M |
| Common Stock | 4.9M | 4.9M | 4.9M | 4.9M |
| Capital Stock | 4.9M | 4.9M | 4.9M | 4.9M |
| Additional Paid In Capital | 1.7M | 1.4M | 1.4M | 1.4M |
| Retained Earnings | -11.9M | -9.7M | -8.9M | -8.5M |
| Gains Losses Not Affecting Retained Earnings | -630,980 | -320,135 | -243,060 | -153,047 |
| Other Equity Adjustments | -630,980 | -320,135 | -243,060 | -153,047 |
| Common Stock Equity | -5.8M | -3.5M | -2.6M | -1.8M |
| Stockholders Equity | -5.8M | -3.5M | -2.6M | -1.8M |
| Total Equity Gross Minority Interest | -5.8M | -3.5M | -2.6M | -1.8M |
| Minority Interest | -- | -- | 0.00 | 0.00 |
| Total Capitalization | 1.0M | 3.1M | 4.3M | 5.8M |
| Net Tangible Assets | -9.5M | -6.3M | -4.0M | -2.8M |
| Tangible Book Value | -9.5M | -6.3M | -4.0M | -2.8M |
| Working Capital | -2.8M | 42,697 | 2.6M | 4.5M |
| Invested Capital | 3.9M | 3.9M | 5.7M | 6.2M |
| Total Debt | 10.7M | 8.6M | 9.6M | 8.4M |
| Net Debt | 9.2M | 7.3M | 8.3M | 5.9M |
| Share Issued | 110.2M | 110.2M | 110.2M | 110.2M |
| Ordinary Shares Number | 110.2M | 110.2M | 110.2M | 110.2M |
| Capital Lease Obligations | 1.0M | 1.2M | 1.2M | 439,119 |
| Current Capital Lease Obligation | 268,104 | 249,594 | 202,075 | 104,307 |
| Current Deferred Liabilities | 3.4M | 1.2M | 593,358 | 389,381 |
| Current Provisions | 270,538 | 835,074 | -- | -- |
| Duefrom Related Parties Non Current | 320,064 | 302,383 | 288,234 | 286,162 |
| Employee Benefits | 277,141 | 241,418 | 204,715 | 249,570 |
| Leases | 387,406 | 373,133 | 297,671 | 295,332 |
| Line Of Credit | 535,305 | 33,779 | 730,232 | 0.00 |
| Long Term Provisions | 54,508 | -- | 13,680 | -- |
| Machinery Furniture Equipment | 761,434 | 744,036 | 713,174 | 697,555 |
| Non Current Accounts Receivable | 320,064 | 302,383 | 288,234 | 286,162 |
| Non Current Pension And Other Postretirement Benefit Plans | 277,141 | 241,418 | 204,715 | 249,570 |
| Non Current Prepaid Assets | 59,064 | 57,869 | 57,205 | 56,939 |
| Other Current Borrowings | 2.3M | 745,084 | 709,588 | 410,770 |
| Other Equity Interest | 173,314 | 173,314 | 173,314 | 458,553 |
| Other Payable | 964,004 | 794,266 | 484,123 | 510,401 |
| Other Properties | 2.2M | 2.2M | 2.0M | 1.1M |
| Other Receivables | 8.9M | 3.4M | 4.9M | 572,667 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Tax Payable | 1.0M | 58,064 | 61,916 | 126,383 |
| Tradeand Other Payables Non Current | 199,887 | 117,979 | 30,803 | 50,065 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 102,907 | 3.6M | -1.7M | -1.4M |
| Cash Flow From Continuing Operating Activities | 102,907 | 3.6M | -1.7M | -1.4M |
| Depreciation And Amortization | 929,345 | 773,628 | 609,652 | 960,184 |
| Depreciation Amortization Depletion | 929,345 | 773,628 | 609,652 | 960,184 |
| Stock Based Compensation | -- | -- | 0.00 | -1.2M |
| Change In Working Capital | 1.5M | 2.5M | -997,213 | -1.2M |
| Change In Receivables | -3.1M | -106,388 | -1.8M | 666,535 |
| Change In Payables And Accrued Expense | 4.6M | 2.6M | 478,058 | -1.7M |
| Change In Payable | 4.6M | 2.6M | 478,058 | -1.7M |
| Other Non Cash Items | 466,119 | 339,327 | -872,008 | 167,130 |
| Capital Expenditure | -1.5M | -2.0M | -685,410 | -558,080 |
| Purchase Of PPE | -8,421 | -119,099 | -12,529 | -65,345 |
| Net PPE Purchase And Sale | -8,421 | -119,099 | -12,529 | -65,345 |
| Investing Cash Flow | -1.5M | -2.0M | -685,410 | -558,080 |
| Cash Flow From Continuing Investing Activities | -1.5M | -2.0M | -685,410 | -558,080 |
| Issuance Of Debt | 2.2M | 0.00 | 0.00 | 2.1M |
| Repayment Of Debt | -1.0M | -959,289 | -560,120 | -694,760 |
| Net Issuance Payments Of Debt | 1.2M | -959,289 | -560,120 | 1.4M |
| Financing Cash Flow | 1.2M | -959,289 | -560,120 | 1.4M |
| Cash Flow From Continuing Financing Activities | 1.2M | -959,289 | -560,120 | 1.4M |
| Effect Of Exchange Rate Changes | 94,302 | -20,705 | 250,217 | -293,173 |
| Changes In Cash | -238,557 | 717,940 | -3.0M | -565,924 |
| Beginning Cash Position | 65,989 | -631,246 | 2.1M | 2.9M |
| End Cash Position | -78,266 | 65,989 | -631,246 | 2.1M |
| Free Cash Flow | -1.4M | 1.7M | -2.4M | -2.0M |
| Change In Prepaid Assets | 19,733 | -11,375 | 286,545 | -190,059 |
| Long Term Debt Issuance | 2.2M | 0.00 | 0.00 | 2.1M |
| Long Term Debt Payments | -1.0M | -959,289 | -560,120 | -694,760 |
| Net Income From Continuing Operations | -2.2M | -812,607 | -422,721 | -36,326 |
| Net Intangibles Purchase And Sale | -1.5M | -1.8M | -672,881 | -492,735 |
| Net Long Term Debt Issuance | 1.2M | -959,289 | -560,120 | 1.4M |
| Provisionand Write Offof Assets | -565,793 | 851,651 | -24,225 | -104,302 |
| Purchase Of Intangibles | -1.5M | -1.8M | -672,881 | -492,735 |