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Cheelcare Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Apr 30, 2025 FY 2024Apr 30, 2024 FY 2023Apr 30, 2023
Total Revenue 1.6M 1.4M 1.1M
Operating Revenue 1.6M 1.4M 1.1M
Cost Of Revenue 774,276 665,863 525,488
Gross Profit 795,611 771,454 584,675
Selling General And Administration 1.3M 659,251 342,847
General And Administrative Expense 1.3M 602,896 267,371
Research And Development 167,988 135,572 127,488
Depreciation And Amortization In Income Statement 45,958 3,900 5,334
Other Operating Expenses 261,174 265,486 26,745
Operating Expense 1.8M 1.1M 507,396
Operating Income -958,151 -296,165 77,279
EBIT -990,136 -354,824 31,258
Interest Expense 279,905 186,014 157,722
Interest Expense Non Operating 279,905 186,014 157,722
Net Interest Income -319,987 -246,032 -203,743
Other Income Expense 8,097 1,359 --
Other Non Operating Income Expenses 902.00 1,359 --
Gain On Sale Of Security 7,195 -- --
Pretax Income -1.3M -540,838 -126,464
Tax Provision 0.00 0.00 --
Tax Effect Of Unusual Items 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -1.3M -540,838 -126,464
Net Income From Continuing Operation Net Minority Interest -1.3M -540,838 -126,464
Net Income Including Noncontrolling Interests -1.3M -540,838 -126,464
Net Income Common Stockholders -1.3M -540,838 -126,464
Net Income -1.3M -540,838 -126,464
EBITDA -944,178 -350,924 36,592
Normalized EBITDA -951,373 -350,924 36,592
Reconciled Depreciation 45,958 3,900 5,334
Basic EPS -- -0.03 -0.01
Diluted EPS -- -0.03 -0.01
Basic Average Shares -- 19.6M 19.6M
Diluted Average Shares -- 19.6M 19.6M
Total Unusual Items 7,195 -- --
Total Unusual Items Excluding Goodwill 7,195 -- --
Tax Rate For Calcs 0.00 0.00 0.00
Normalized Income -1.3M -540,838 -126,464
Amortization 3,541 1,427 1,516
Amortization Of Intangibles Income Statement 3,541 1,427 1,516
Depreciation Amortization Depletion Income Statement 45,958 3,900 5,334
Depreciation Income Statement 42,417 2,473 3,818
Diluted NI Availto Com Stockholders -1.3M -540,838 -126,464
Insurance And Claims 25,371 23,554 10,162
Net Income Continuous Operations -1.3M -540,838 -126,464
Net Non Operating Interest Income Expense -319,987 -246,032 -203,743
Other Gand A 549,703 339,349 173,236
Provision For Doubtful Accounts -5,666 3,410 4,982
Reconciled Cost Of Revenue 774,276 665,863 525,488
Rent And Landing Fees 39,095 37,768 36,149
Rent Expense Supplemental 39,095 37,768 36,149
Salaries And Wages 664,441 202,225 47,824
Selling And Marketing Expense 5,698 56,355 75,476
Total Expenses 2.5M 1.7M 1.0M
Total Operating Income As Reported -1.3M -556,497 -266,464
Total Other Finance Cost 40,082 60,018 46,021
Line Item FY 2025Apr 30, 2025 FY 2024Apr 30, 2024 FY 2023Apr 30, 2023
Cash And Cash Equivalents 54,534 66,878 38,708
Cash Cash Equivalents And Short Term Investments 54,534 66,878 38,708
Accounts Receivable 135,113 130,795 84,848
Receivables 194,491 164,624 105,634
Inventory 293,810 334,675 204,887
Prepaid Assets 44,366 2,101 2,853
Current Assets 4.1M 568,278 352,082
Gross PPE 119,992 38,649 36,731
Accumulated Depreciation -73,908 -31,491 -29,018
Net PPE 46,084 7,158 7,713
Goodwill And Other Intangible Assets 22,453 23,046 24,123
Other Intangible Assets 22,453 23,046 24,123
Total Non Current Assets 75,416 30,204 31,836
Total Assets 4.2M 598,482 383,918
Current Debt 1.6M 248,081 151,985
Current Debt And Capital Lease Obligation 1.6M 248,081 151,985
Accounts Payable 893,653 481,139 157,422
Payables 1.2M 548,816 241,733
Payables And Accrued Expenses 1.6M 879,665 407,305
Current Accrued Expenses 374,115 330,849 165,572
Other Current Liabilities 3.6M -- --
Current Liabilities 6.8M 1.1M 559,290
Long Term Debt 492,146 1.4M 1.0M
Long Term Debt And Capital Lease Obligation 492,146 1.4M 1.0M
Total Non Current Liabilities Net Minority Interest 492,146 1.8M 1.7M
Total Liabilities Net Minority Interest 7.3M 3.0M 2.3M
Common Stock 493,869 493,869 490,137
Capital Stock 493,869 493,869 490,137
Additional Paid In Capital 423,769 -- --
Retained Earnings -4.3M -3.1M -2.5M
Gains Losses Not Affecting Retained Earnings -- 207,748 139,910
Common Stock Equity -3.2M -2.4M -1.9M
Stockholders Equity -3.2M -2.4M -1.9M
Total Equity Gross Minority Interest -3.2M -2.4M -1.9M
Total Capitalization -2.7M -1.0M -867,576
Net Tangible Assets -3.2M -2.4M -1.9M
Tangible Book Value -3.2M -2.4M -1.9M
Working Capital -2.7M -559,468 -207,208
Invested Capital -1.1M -754,616 -715,591
Total Debt 2.1M 1.6M 1.2M
Net Debt 2.1M 1.5M 1.1M
Share Issued 19.6M 19.6M 19.6M
Ordinary Shares Number 19.6M 19.6M 19.6M
Allowance For Doubtful Accounts Receivable 0.00 -8,392 -4,982
Construction In Progress 0.00 -- --
Current Deferred Liabilities -- 71,966 65,874
Dueto Related Parties Current 298,539 -- --
Dueto Related Parties Non Current -- 473,433 692,204
Foreign Currency Translation Adjustments -- 207,748 139,910
Gross Accounts Receivable 135,113 139,187 89,830
Interest Payable 317,431 236,756 140,227
Line Of Credit 144,000 145,000 30,000
Machinery Furniture Equipment 119,992 38,649 36,731
Non Current Prepaid Assets 6,879 -- --
Other Current Borrowings 1.5M 103,081 121,985
Other Equity Interest 247,618 207,748 139,910
Other Payable 53,606 67,677 84,311
Raw Materials 293,810 263,261 161,542
Restricted Cash 3.5M -- --
Taxes Receivable 59,378 33,829 20,786
Tradeand Other Payables Non Current -- 0.00 0.00
Work In Process -- 71,414 43,345
Line Item FY 2025Apr 30, 2025 FY 2024Apr 30, 2024 FY 2023Apr 30, 2023
Operating Cash Flow -495,945 -210,770 -29,886
Cash Flow From Continuing Operating Activities -495,945 -210,770 -29,886
Depreciation And Amortization 45,958 3,900 5,334
Depreciation Amortization Depletion 45,958 3,900 5,334
Stock Based Compensation 329,734 0.00 0.00
Change In Working Capital 331,505 284,334 33,005
Change In Receivables -29,867 -57,990 -41,979
Change In Inventory -31,191 -129,788 14,647
Change In Payables And Accrued Expense 441,707 472,360 45,131
Change In Payable 441,707 472,360 45,131
Other Non Cash Items 74,094 41,834 58,239
Capital Expenditure -12,235 -2,268 --
Purchase Of PPE -9,287 -1,918 0.00
Net PPE Purchase And Sale -9,287 -1,918 0.00
Investing Cash Flow -12,235 -2,268 0.00
Cash Flow From Continuing Investing Activities -12,235 -2,268 0.00
Issuance Of Debt 1.0M 510,000 308,333
Repayment Of Debt -381,000 -56,113 -50,000
Net Issuance Payments Of Debt 647,241 453,887 258,333
Financing Cash Flow 4.0M 241,208 46,868
Cash Flow From Continuing Financing Activities 4.0M 241,208 46,868
Changes In Cash 3.5M 28,170 16,982
Beginning Cash Position 66,878 38,708 21,726
End Cash Position 3.6M 66,878 38,708
Free Cash Flow -508,180 -213,038 -29,886
Interest Paid Supplemental Data 279,905 186,014 14,831
Amortization Cash Flow -- 1,427 1,516
Amortization Of Intangibles -- 1,427 1,516
Change In Account Payable 458,718 492,221 33,580
Change In Prepaid Assets -49,144 -248.00 15,206
Depreciation -- 2,473 3,818
Gain Loss On Investment Securities -7,195 -- --
Long Term Debt Issuance 953,000 395,000 308,333
Long Term Debt Payments -380,000 -31,113 --
Net Income From Continuing Operations -1.3M -540,838 -126,464
Net Intangibles Purchase And Sale -2,948 -350.00 0.00
Net Long Term Debt Issuance 573,000 363,887 308,333
Net Other Financing Charges 3.4M -212,679 -211,465
Net Short Term Debt Issuance 74,241 90,000 -50,000
Operating Gains Losses -7,195 -- --
Purchase Of Intangibles -2,948 -350.00 0.00
Short Term Debt Issuance 75,241 115,000 0.00
Short Term Debt Payments -1,000 -25,000 -50,000
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