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C-Com Satellite Systems Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Total Revenue 7.9M 8.3M 11.6M 9.2M
Operating Revenue 7.9M 8.3M 11.6M 9.2M
Cost Of Revenue 4.1M 2.6M 5.8M 3.7M
Gross Profit 3.8M 5.7M 5.8M 5.5M
Selling General And Administration 2.9M 2.9M 3.5M 2.8M
General And Administrative Expense 1.8M 1.9M 2.4M 1.9M
Research And Development 1.8M 1.3M 911,806 746,899
Operating Expense 4.7M 4.2M 4.4M 3.5M
Operating Income -931,581 1.5M 1.4M 2.0M
EBIT -70,224 2.2M 1.4M 2.0M
Interest Expense 37,216 0.00 -- --
Interest Expense Non Operating 37,216 0.00 -- --
Net Interest Income -37,216 0.00 -- --
Other Income Expense 861,357 719,665 455,443 143,150
Gain On Sale Of Security 861,357 719,665 455,443 143,150
Pretax Income -107,440 2.2M 1.9M 2.1M
Tax Provision 104,035 576,748 727,526 677,679
Tax Effect Of Unusual Items 129,204 184,502 177,458 46,184
Net Income From Continuing And Discontinued Operation -211,475 1.7M 1.1M 1.4M
Net Income From Continuing Operation Net Minority Interest -211,475 1.7M 1.1M 1.4M
Net Income Including Noncontrolling Interests -211,475 1.7M 1.1M 1.4M
Net Income Common Stockholders -211,475 1.7M 1.1M 1.4M
Net Income -211,475 1.7M 1.1M 1.4M
EBITDA 82,064 2.3M 1.4M 2.0M
Normalized EBITDA -779,293 1.6M 981,825 1.8M
Reconciled Depreciation 152,288 46,548 25,530 33,009
Basic EPS 0.00 0.04 0.03 0.04
Diluted EPS 0.00 0.04 0.03 0.03
Basic Average Shares 42.2M 41.9M 41.1M 40.1M
Diluted Average Shares 42.5M 41.9M 41.9M 42.1M
Total Unusual Items 861,357 719,665 455,443 143,150
Total Unusual Items Excluding Goodwill 861,357 719,665 455,443 143,150
Tax Rate For Calcs 0.15 0.26 0.39 0.32
Normalized Income -943,628 1.1M 861,670 1.3M
Diluted NI Availto Com Stockholders -211,475 1.7M 1.1M 1.4M
Net Income Continuous Operations -211,475 1.7M 1.1M 1.4M
Net Non Operating Interest Income Expense -37,216 0.00 -- --
Other Gand A 1.8M 1.9M 2.4M 1.9M
Reconciled Cost Of Revenue 4.1M 2.6M 5.8M 3.7M
Selling And Marketing Expense 1.0M 1.0M 1.1M 908,582
Total Expenses 8.8M 6.8M 10.2M 7.2M
Line Item FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Cash And Cash Equivalents 5.9M 5.5M 10.1M 8.9M
Cash Cash Equivalents And Short Term Investments 15.9M 15.4M 18.9M 17.1M
Cash Financial 5.9M 5.5M 10.1M 8.9M
Other Short Term Investments 10.1M 10.0M 8.7M 8.2M
Accounts Receivable 154,136 1.5M 709,156 876,783
Receivables 1.4M 2.1M 778,189 1.4M
Inventory 7.2M 8.8M 6.7M 7.7M
Prepaid Assets 118,161 103,719 143,718 67,912
Current Assets 25.0M 26.5M 26.5M 26.3M
Gross PPE 2.3M 820,407 727,406 687,544
Accumulated Depreciation -713,394 -675,615 -652,364 -629,131
Net PPE 1.6M 144,792 75,042 58,413
Goodwill And Other Intangible Assets 0.00 8,960 1,081 3,378
Other Intangible Assets -- 8,960 1,081 3,378
Other Non Current Assets -- -- 1.00 --
Total Non Current Assets 1.6M 153,752 76,124 61,791
Total Assets 26.6M 26.6M 26.6M 26.3M
Current Debt And Capital Lease Obligation 275,547 -- -- --
Accounts Payable 472,067 478,876 512,942 653,596
Payables 495,954 502,054 527,062 962,014
Payables And Accrued Expenses 928,492 893,751 1.1M 1.7M
Current Accrued Expenses 432,538 391,697 595,664 719,275
Current Deferred Revenue -- 0.00 2,495 2,209
Current Liabilities 1.2M 893,751 1.1M 1.7M
Long Term Debt And Capital Lease Obligation 1.2M 0.00 -- --
Long Term Capital Lease Obligation 1.2M 0.00 -- --
Total Non Current Liabilities Net Minority Interest 1.8M 196,814 224,186 130,023
Total Liabilities Net Minority Interest 3.0M 1.1M 1.3M 1.8M
Common Stock 16.6M 16.5M 16.0M 14.8M
Capital Stock 16.6M 16.5M 16.0M 14.8M
Additional Paid In Capital 2.4M 2.2M 1.9M 1.5M
Retained Earnings 4.6M 6.9M 7.3M 8.2M
Common Stock Equity 23.6M 25.5M 25.2M 24.5M
Stockholders Equity 23.6M 25.5M 25.2M 24.5M
Total Equity Gross Minority Interest 23.6M 25.5M 25.2M 24.5M
Total Capitalization 23.6M 25.5M 25.2M 24.5M
Net Tangible Assets 23.6M 25.5M 25.2M 24.5M
Tangible Book Value 23.6M 25.5M 25.2M 24.5M
Working Capital 23.8M 25.6M 25.4M 24.6M
Invested Capital 23.6M 25.5M 25.2M 24.5M
Total Debt 1.5M 0.00 -- --
Share Issued 42.3M 42.2M 41.8M 40.7M
Ordinary Shares Number 42.3M 42.2M 41.8M 40.7M
Accrued Interest Receivable 297,793 359,550 22,038 10,363
Capital Lease Obligations 1.5M 0.00 -- --
Current Capital Lease Obligation 275,547 0.00 -- --
Current Deferred Assets 396,427 0.00 -- --
Current Deferred Liabilities -- 0.00 2,495 2,209
Current Deferred Taxes Assets 396,427 0.00 -- --
Finished Goods 1.8M 2.3M 2.0M 3.9M
Leases 212,614 212,614 212,614 210,550
Machinery Furniture Equipment 607,793 607,793 501,537 463,739
Non Current Deferred Liabilities 577,525 196,814 224,186 130,023
Non Current Deferred Revenue 93,603 93,603 93,603 0.00
Non Current Deferred Taxes Liabilities 483,922 103,211 130,583 130,023
Other Payable 23,887 23,178 14,120 37,176
Other Properties 1.5M -- 13,255 13,255
Other Receivables 66,186 199,433 231,142 303,926
Properties 0.00 0.00 0.00 0.00
Raw Materials 5.3M 6.6M 4.7M 3.8M
Receivables Adjustments Allowances -76,403 -74,220 0.00 0.00
Taxes Receivable 915,808 129,272 -184,147 212,668
Total Tax Payable -- -- 302,149 271,242
Line Item FY 2024Nov 30, 2024 FY 2023Nov 30, 2023 FY 2022Nov 30, 2022 FY 2021Nov 30, 2021
Operating Cash Flow 2.6M -1.6M 3.1M 2.5M
Cash Flow From Continuing Operating Activities 2.6M -1.6M 3.1M 2.5M
Depreciation And Amortization 152,288 46,548 25,530 33,009
Depreciation Amortization Depletion 152,288 46,548 25,530 33,009
Stock Based Compensation 267,317 313,409 588,233 624,566
Deferred Tax -422,937 154,344 429,044 292,243
Deferred Income Tax -422,937 154,344 429,044 292,243
Change In Working Capital 2.0M -4.2M 115,375 -810,700
Changes In Account Receivables 734,918 -1.6M -183,181 -1.2M
Change In Receivables 734,918 -1.6M -56,848 -1.2M
Change In Inventory 1.7M -2.1M 1.0M 272,660
Change In Payables And Accrued Expense -358,895 -509,950 -862,804 167,762
Change In Other Working Capital -- -2,495 93,889 -73,876
Other Non Cash Items -- -- -- -1.00
Capital Expenditure -- -124,177 -39,863 -4,762
Purchase Of PPE 0.00 -124,177 -39,863 -4,762
Net PPE Purchase And Sale 0.00 -110,922 -39,863 -4,762
Purchase Of Investment -14.5M -11.0M -9.7M -11.7M
Sale Of Investment 14.4M 9.8M 9.2M 11.6M
Net Investment Purchase And Sale -91,518 -1.2M -529,972 -116,011
Investing Cash Flow -91,518 -1.3M -569,835 -120,773
Cash Flow From Continuing Investing Activities -91,518 -1.3M -569,835 -120,773
Common Stock Dividend Paid -2.1M -2.1M -2.1M -2.0M
Financing Cash Flow -2.0M -1.7M -1.0M -334,109
Cash Flow From Continuing Financing Activities -2.0M -1.7M -1.0M -334,109
Effect Of Exchange Rate Changes -69,905 -16,072 -271,027 48,031
Changes In Cash 477,985 -4.6M 1.5M 2.1M
Beginning Cash Position 5.5M 10.1M 8.9M 6.8M
End Cash Position 5.9M 5.5M 10.1M 8.9M
Free Cash Flow 2.6M -1.7M 3.1M 2.5M
Amortization Cash Flow 152,288 46,548 25,530 33,009
Amortization Of Intangibles 152,288 46,548 25,530 33,009
Asset Impairment Charge 170,906 168,908 0.00 --
Cash Dividends Paid -2.1M -2.1M -2.1M -2.0M
Change In Prepaid Assets -14,442 39,999 -75,806 -26,444
Gain Loss On Investment Securities -754,713 -694,520 -180,888 -94,883
Gain Loss On Sale Of PPE 0.00 -230.00 0.00 --
Interest Received Cfo 734,381 380,984 101,375 138,071
Net Foreign Currency Exchange Gain Loss 897,805 1.1M 1.2M 900,893
Net Income From Continuing Operations -211,475 1.7M 1.1M 1.4M
Operating Gains Losses 143,092 415,904 999,051 806,010
Proceeds From Stock Option Exercised 77,880 424,000 1.0M 1.7M
Sale Of PPE 0.00 13,255 0.00 0.00
Taxes Refund Paid -274,104 -522,334 -271,242 0.00
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