Carrier Connect Data Solutions 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 | 225,654 | -- | 95,946 | -86,502 | 86,502 | 90,649 |
| Operating Revenue | 225,654 | -- | 95,946 | -86,502 | 86,502 | 90,649 |
| Cost Of Revenue | 153,882 | -- | 57,117 | 58,535 | 43,519 | 45,300 |
| Gross Profit | 71,772 | -- | 38,829 | 32,623 | 42,983 | 45,349 |
| Selling General And Administration | 107,572 | 446,862 | -38,042 | 259,522 | 9,680 | -- |
| General And Administrative Expense | 49,038 | 434,017 | -38,042 | 259,522 | 9,680 | -- |
| Depreciation And Amortization In Income Statement | 113,966 | -- | 60,184 | 44,969 | 59,251 | 49,751 |
| Other Operating Expenses | 128,998 | 113,714 | 78,894 | -- | -- | -- |
| Operating Expense | 350,536 | -- | 101,036 | 413,068 | 68,931 | 65,143 |
| Operating Income | -278,764 | -- | -62,207 | -456,051 | -25,948 | -19,794 |
| EBIT | 243,259 | -- | -629,964 | -456,051 | -25,948 | -19,794 |
| Interest Expense | 13,208 | -- | 10,535 | 4,088 | 11,394 | 6,283 |
| Interest Expense Non Operating | 13,208 | -- | 10,535 | 4,088 | 11,394 | 6,283 |
| Net Interest Income | -13,208 | -- | -10,535 | -4,088 | -11,394 | -6,283 |
| Other Income Expense | 522,023 | -- | -567,757 | 270,000 | -- | -- |
| Other Non Operating Income Expenses | -43,720 | 81,937 | -627,757 | -- | -- | -- |
| Special Income Charges | 496,236 | -- | -- | -- | 0.00 | -- |
| Restructuring And Mergern Acquisition | -430,291 | -- | -- | -- | 0.00 | -- |
| Gain On Sale Of Security | 69,507 | -- | 60,000 | 270,000 | -- | -- |
| Pretax Income | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| Tax Effect Of Unusual Items | 84,861 | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| Net Income From Continuing Operation Net Minority Interest | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| Net Income Including Noncontrolling Interests | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| Net Income Common Stockholders | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| Net Income | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| EBITDA | 357,225 | -- | -569,780 | -456,051 | 33,303 | 29,957 |
| Normalized EBITDA | -208,518 | -365,542 | -629,780 | -456,051 | 33,303 | -- |
| Reconciled Depreciation | 113,966 | -- | 60,184 | 44,969 | 59,251 | 49,751 |
| Basic EPS | 0.02 | -- | -0.24 | 0.03 | -0.00 | -- |
| Diluted EPS | 0.02 | -- | -0.24 | 0.03 | -0.00 | -- |
| Basic Average Shares | 13.3M | -- | 2.7M | 9.6M | 9.6M | -- |
| Diluted Average Shares | 13.3M | -- | 2.7M | 9.6M | 9.6M | -- |
| Total Unusual Items | 565,743 | -278,542 | 60,000 | 270,000 | 0.00 | -- |
| Total Unusual Items Excluding Goodwill | 565,743 | -278,542 | 60,000 | 270,000 | 0.00 | -- |
| Tax Rate For Calcs | 0.15 | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -250,831 | -465,605 | -700,499 | -445,243 | -37,342 | -- |
| Depreciation Amortization Depletion Income Statement | 113,966 | -- | 60,184 | 44,969 | 59,251 | 49,751 |
| Depreciation Income Statement | -- | -- | -- | -- | 59,251 | -- |
| Diluted NI Availto Com Stockholders | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| Net Income Continuous Operations | 230,051 | -- | -640,499 | -445,243 | -37,342 | -26,077 |
| Net Non Operating Interest Income Expense | -13,208 | -- | -10,535 | -4,088 | -11,394 | -6,283 |
| Other Gand A | 49,038 | 228,601 | -102,226 | 259,522 | 9,680 | -- |
| Other Special Charges | -65,945 | -- | -- | -- | -- | -- |
| Reconciled Cost Of Revenue | 153,882 | -- | 57,117 | 58,535 | 43,519 | 45,300 |
| Salaries And Wages | -- | -- | 64,184 | -- | -- | -- |
| Selling And Marketing Expense | 58,534 | -- | -- | -- | 0.00 | -- |
| Total Expenses | 504,418 | -- | 158,153 | 369,549 | 112,450 | 110,443 |
| 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 | 514,138 | -- | 392,900 | 585,184 | 15,725 | 25,635 |
| Cash Cash Equivalents And Short Term Investments | 934,138 | -- | 722,900 | 585,184 | 15,725 | 25,635 |
| Cash Financial | 514,138 | -- | 392,900 | 585,184 | 15,725 | 25,635 |
| Other Short Term Investments | 420,000 | -- | 330,000 | 270,000 | -- | -- |
| Accounts Receivable | 77,447 | -- | 31,162 | 26,320 | 17,758 | 18,880 |
| Receivables | 88,811 | -- | 40,541 | 25,000 | 29,963 | 30,469 |
| Other Current Assets | 56,339 | -- | 8,069 | 200.00 | 200.00 | 200.00 |
| Current Assets | 1.1M | -- | 771,510 | 610,184 | 45,888 | 56,304 |
| Gross PPE | 5.1M | -- | 1.5M | 1.4M | 1.5M | 1.5M |
| Accumulated Depreciation | -110,028 | -- | -60,705 | -56,155 | -51,843 | -47,532 |
| Net PPE | 5.0M | -- | 1.4M | 1.4M | 1.4M | 1.5M |
| Total Non Current Assets | 5.0M | -- | 1.4M | 0.00 | 1.4M | 1.5M |
| Total Assets | 6.1M | -- | 2.2M | 610,184 | 1.5M | 1.5M |
| Current Debt | 282,324 | -- | -- | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 577,169 | -- | 180,267 | 174,917 | 172,733 | 170,163 |
| Accounts Payable | 85,896 | -- | -- | 76,113 | 84,720 | -- |
| Payables | 88,371 | -- | 128,729 | 76,113 | 92,223 | 91,753 |
| Payables And Accrued Expenses | 88,371 | -- | 128,729 | 76,113 | 92,223 | 91,753 |
| Current Deferred Revenue | 59,818 | -- | 0.00 | 0.00 | 0.00 | 4,677 |
| Current Liabilities | 725,358 | -- | 308,996 | 76,113 | 364,956 | 687,467 |
| Long Term Debt | 2.0M | -- | -- | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 3.5M | -- | 980,649 | 1.0M | 1.1M | 1.1M |
| Long Term Capital Lease Obligation | 1.5M | -- | 980,649 | 1.0M | 1.1M | 1.1M |
| Total Non Current Liabilities Net Minority Interest | 3.5M | -- | 1.0M | 0.00 | 1.1M | 1.2M |
| Total Liabilities Net Minority Interest | 4.3M | -- | 1.3M | 76,113 | 1.5M | 1.8M |
| Common Stock | 2.5M | -- | 1.5M | 1.2M | 340,474 | 600.00 |
| Capital Stock | 2.5M | -- | 1.5M | 1.2M | 340,474 | 600.00 |
| Additional Paid In Capital | 577,174 | -- | 84,059 | 108,345 | -- | -- |
| Retained Earnings | -1.2M | -- | -740,501 | -766,977 | -344,075 | -306,733 |
| Common Stock Equity | 1.8M | -- | 828,624 | 534,071 | -3,601 | -306,133 |
| Stockholders Equity | 1.8M | -- | 828,624 | 534,071 | -3,601 | -306,133 |
| Total Equity Gross Minority Interest | 1.8M | -- | 828,624 | 534,071 | -3,601 | -306,133 |
| Total Capitalization | 3.9M | -- | 828,624 | 534,071 | -3,601 | -306,133 |
| Net Tangible Assets | 1.8M | -- | 828,624 | 534,071 | -3,601 | -306,133 |
| Tangible Book Value | 1.8M | -- | 828,624 | 534,071 | -3,601 | -306,133 |
| Working Capital | 353,930 | -- | 462,514 | 534,071 | -319,068 | -631,163 |
| Invested Capital | 4.1M | -- | 828,624 | 534,071 | -3,601 | -306,133 |
| Total Debt | 4.1M | -- | 1.2M | 1.2M | 1.2M | 1.3M |
| Net Debt | 1.8M | -- | -- | -- | -- | -- |
| Share Issued | 13.4M | -- | 11.3M | 9.6M | 9.6M | 9.6M |
| Ordinary Shares Number | 13.4M | -- | 11.3M | 9.6M | 9.6M | 9.6M |
| Capital Lease Obligations | 1.8M | -- | 1.2M | 1.2M | 1.2M | 1.3M |
| Current Capital Lease Obligation | 294,845 | -- | 180,267 | 174,917 | 172,733 | 170,163 |
| Current Deferred Liabilities | 59,818 | -- | 0.00 | 99,111 | 100,000 | 425,551 |
| Long Term Provisions | 44,744 | -- | 44,363 | 44,174 | 43,985 | 43,798 |
| Machinery Furniture Equipment | 61,893 | -- | 7,485 | 4,330 | 4,330 | 4,330 |
| Non Current Note Receivables | -- | -- | -- | 0.00 | -- | -- |
| Notes Receivable | -- | -- | -- | 25,000 | -- | -- |
| Other Current Borrowings | 282,324 | -- | -- | -- | -- | -- |
| Other Properties | 5.1M | -- | 1.4M | 1.4M | 1.5M | 1.5M |
| Other Receivables | -- | -- | -- | 13,885 | 12,205 | 11,589 |
| Taxes Receivable | 11,364 | -- | 9,379 | -- | -- | -- |
| Total Tax Payable | 2,475 | -- | 0.00 | 10,974 | 7,503 | 6,695 |
| 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 | -160,137 | -- | 393,103 | -300,223 | 29,602 | 45,812 |
| Cash Flow From Continuing Operating Activities | -160,137 | -- | 393,103 | -300,223 | 29,602 | 45,812 |
| Depreciation And Amortization | 113,966 | -- | -- | 44,969 | 59,251 | 49,751 |
| Depreciation Amortization Depletion | 113,966 | -- | -- | 44,969 | 59,251 | 49,751 |
| Stock Based Compensation | -- | -- | 64,184 | -- | -- | -- |
| Change In Working Capital | -8,012 | -- | -29,748 | 40,665 | -3,701 | 15,855 |
| Change In Receivables | -54,887 | -- | -693.00 | -506.00 | 506.00 | -3,995 |
| Change In Payables And Accrued Expense | -78,237 | -- | -16,509 | 36,494 | 470.00 | 18,414 |
| Change In Payable | -78,237 | -- | -- | 28,454 | 470.00 | 18,414 |
| Change In Other Working Capital | 46,199 | -- | -- | 0.00 | -4,677 | 1,436 |
| Other Non Cash Items | -435,566 | -- | -- | -265,913 | 11,394 | 6,283 |
| Capital Expenditure | -80,376 | -- | -- | -- | -- | -4,695 |
| Purchase Of PPE | -80,376 | -- | -- | -- | 0.00 | -4,695 |
| Net PPE Purchase And Sale | -80,376 | -- | -- | -- | 0.00 | -4,695 |
| Purchase Of Business | -140,134 | -- | -- | -- | 0.00 | -- |
| Investing Cash Flow | -220,510 | -- | 404,997 | -- | 0.00 | -4,695 |
| Cash Flow From Continuing Investing Activities | -220,510 | -- | 404,997 | -- | 0.00 | -4,695 |
| Repayment Of Debt | -61,893 | -- | -- | -40,512 | -58,512 | -48,360 |
| Net Issuance Payments Of Debt | -61,893 | -- | -- | -40,512 | -58,512 | -48,360 |
| Issuance Of Capital Stock | 14,947 | -- | 244,592 | -- | 0.00 | -- |
| Net Common Stock Issuance | 14,947 | -- | 244,592 | -- | 0.00 | -- |
| Financing Cash Flow | -46,946 | -- | 14,786 | 39,512 | -39,512 | -38,483 |
| Cash Flow From Continuing Financing Activities | -46,946 | -- | 14,786 | 39,512 | -39,512 | -38,483 |
| Effect Of Exchange Rate Changes | -25,561 | -- | -- | -- | 0.00 | -- |
| Changes In Cash | -427,593 | -- | 812,886 | -435,711 | -9,910 | 2,634 |
| Beginning Cash Position | 967,292 | -- | 585,184 | 15,725 | 25,635 | 23,001 |
| End Cash Position | 514,138 | -- | 392,900 | 585,184 | 15,725 | 25,635 |
| Free Cash Flow | -240,513 | -- | 330,982 | -300,223 | 29,602 | 41,117 |
| Change In Account Payable | -84,920 | -- | -- | 24,983 | -338.00 | 17,606 |
| Change In Income Tax Payable | 6,683 | -- | -- | 3,471 | 808.00 | 808.00 |
| Change In Prepaid Assets | 78,913 | -- | -7,869 | -- | 0.00 | 0.00 |
| Change In Tax Payable | 6,683 | -- | -- | 3,471 | 808.00 | 808.00 |
| Common Stock Issuance | 14,947 | -- | 244,592 | -- | 0.00 | -- |
| Depreciation | -- | -- | -- | 44,969 | 59,251 | 49,751 |
| Gain Loss On Investment Securities | -120,000 | -- | -- | -- | -- | -- |
| Long Term Debt Payments | -61,893 | -- | -- | -40,512 | -58,512 | -48,360 |
| Net Business Purchase And Sale | -140,134 | -- | -- | -- | 0.00 | -- |
| Net Income From Continuing Operations | 289,475 | -- | 48,817 | -445,243 | -37,342 | -26,077 |
| Net Long Term Debt Issuance | -61,893 | -- | -- | -40,512 | -58,512 | -48,360 |
| Net Other Financing Charges | -- | -- | -- | -889.00 | 19,000 | 9,877 |
| Net Other Investing Changes | -- | -- | 467,118 | -- | -- | -- |
| Operating Gains Losses | -120,000 | -- | -- | -- | -- | -- |