Ostrom Climate 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 | 7.6M | 860,202 | 633,964 | 3.1M | 1.9M | -- |
| Operating Revenue | 7.6M | 860,202 | 633,964 | 3.1M | 1.9M | -- |
| Cost Of Revenue | 5.9M | 582,795 | 313,269 | 2.5M | 1.2M | -- |
| Gross Profit | 1.7M | 277,407 | 320,695 | 598,752 | 668,792 | -- |
| Selling General And Administration | 1.8M | 643,332 | 706,569 | 2.6M | 2.6M | -- |
| General And Administrative Expense | 1.5M | 466,768 | 706,569 | 2.8M | 2.2M | -- |
| Research And Development | 565,555 | 242,099 | 193,423 | 1.2M | 1.1M | -- |
| Depreciation And Amortization In Income Statement | 66,206 | 27,859 | 27,860 | 74,554 | 85,091 | -- |
| Operating Expense | 2.5M | 913,290 | 927,852 | 3.9M | 3.8M | -- |
| Operating Income | -746,280 | -635,883 | -607,157 | -3.3M | -3.1M | -- |
| EBIT | -1.2M | -632,376 | -665,142 | -3.3M | -3.1M | -- |
| Interest Expense | 179,436 | 50,732 | 51,215 | 28,367 | 100,676 | -- |
| Interest Expense Non Operating | 179,436 | 50,732 | 51,215 | 28,367 | 100,676 | -- |
| Interest Income | 1,495 | 11.00 | 1,484 | 776.00 | 2,278 | -- |
| Interest Income Non Operating | 1,495 | 11.00 | 1,484 | 776.00 | 2,278 | -- |
| Net Interest Income | -177,941 | -50,721 | -77,578 | -134,082 | -98,398 | -- |
| Other Income Expense | -424,502 | 3,496 | -31,622 | 133,258 | 17,277 | -- |
| Other Non Operating Income Expenses | -17,000 | -- | -- | -- | 9,600 | -- |
| Special Income Charges | -364,820 | -- | -- | -- | 0.00 | -- |
| Gain On Sale Of Security | -42,682 | 3,496 | -31,622 | 39,302 | 7,677 | -- |
| Pretax Income | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| Net Income From Continuing Operation Net Minority Interest | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| Net Income Including Noncontrolling Interests | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| Net Income Common Stockholders | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| Net Income | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| EBITDA | -1.1M | -604,517 | -637,282 | -3.2M | -3.0M | -- |
| Normalized EBITDA | -695,579 | -608,013 | -605,660 | -3.2M | -3.0M | -- |
| Reconciled Depreciation | 10,488 | 27,859 | 27,860 | 21,401 | 31,938 | -- |
| Basic EPS | -0.01 | -0.01 | -0.01 | -- | -0.03 | -0.01 |
| Diluted EPS | -0.01 | -0.01 | -0.01 | -- | -0.03 | -0.01 |
| Basic Average Shares | 114.1M | 114.1M | 114.1M | -- | 99.8M | 97.4M |
| Diluted Average Shares | 114.1M | 114.1M | 114.1M | -- | 99.8M | 97.4M |
| Total Unusual Items | -407,502 | 3,496 | -31,622 | 39,302 | 7,677 | -- |
| Total Unusual Items Excluding Goodwill | -407,502 | 3,496 | -31,622 | 39,302 | 7,677 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -941,221 | -686,604 | -684,735 | -3.4M | -3.2M | -- |
| Amortization | 5,403 | 1,801 | 1,801 | -- | 7,939 | 2,610 |
| Amortization Of Intangibles Income Statement | 5,403 | 1,801 | 1,801 | -- | 7,939 | 2,610 |
| Depreciation Amortization Depletion Income Statement | 66,206 | 27,859 | 27,860 | 74,554 | 85,091 | -- |
| Depreciation Income Statement | 60,803 | 26,058 | 26,059 | 77,560 | 77,152 | -- |
| Diluted NI Availto Com Stockholders | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| Impairment Of Capital Assets | 364,820 | -- | -- | -- | 0.00 | -- |
| Net Income Continuous Operations | -1.3M | -683,108 | -716,357 | -3.3M | -3.2M | -- |
| Net Non Operating Interest Income Expense | -177,941 | -50,721 | -77,578 | -134,082 | -98,398 | -- |
| Other Gand A | 399,966 | 135,240 | 252,865 | 1.3M | 631,901 | -- |
| Reconciled Cost Of Revenue | 6.0M | 582,795 | 313,269 | 2.5M | 1.3M | -- |
| Salaries And Wages | 1.1M | 331,528 | 453,704 | 1.5M | 1.6M | -- |
| Selling And Marketing Expense | 328,971 | 176,564 | -- | -- | 414,523 | 45,831 |
| Total Expenses | 8.4M | 1.5M | 1.2M | 6.4M | 5.0M | -- |
| Total Other Finance Cost | -- | -- | 27,847 | -- | -- | 24,610 |
| 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 | 292,436 | 154,599 | 194,014 | 550,710 | 516,613 | -- |
| Cash Cash Equivalents And Short Term Investments | 292,436 | 154,599 | 194,014 | 550,710 | 516,613 | -- |
| Cash Financial | 292,436 | 154,599 | 194,014 | 550,710 | 516,613 | -- |
| Accounts Receivable | 225,285 | 357,039 | 321,387 | 220,982 | 206,810 | -- |
| Receivables | 240,424 | 377,674 | 363,260 | 255,667 | 278,365 | -- |
| Inventory | 7.0M | 117,823 | 121,584 | 123,024 | 71,748 | -- |
| Prepaid Assets | 72,106 | 47,292 | 69,882 | 104,130 | 217,179 | -- |
| Current Assets | 7.7M | 851,274 | 847,440 | 1.2M | 1.6M | -- |
| Gross PPE | 12,226 | 387,534 | 415,393 | 542,002 | 522,123 | -- |
| Accumulated Depreciation | -- | -- | -- | -98,749 | -- | -- |
| Net PPE | 12,226 | 387,534 | 415,393 | 443,253 | 522,123 | -- |
| Other Non Current Assets | -- | -- | -- | 370.00 | -- | -- |
| Total Non Current Assets | 12,226 | 387,534 | 415,393 | 443,623 | 522,123 | -- |
| Total Assets | 7.7M | 1.2M | 1.3M | 1.6M | 2.1M | -- |
| Current Debt | 745,612 | 976,732 | 981,335 | 586,575 | 586,575 | -- |
| Current Debt And Capital Lease Obligation | 885,341 | 1.1M | 1.1M | 696,419 | 695,241 | -- |
| Accounts Payable | 658,665 | 858,259 | 514,078 | 1.0M | 817,006 | -- |
| Payables | 779,735 | 962,504 | 621,738 | 1.1M | 942,346 | -- |
| Payables And Accrued Expenses | 1.3M | 1.6M | 1.1M | 1.6M | 1.4M | -- |
| Current Accrued Expenses | 514,194 | 611,621 | 485,082 | 495,238 | 483,477 | -- |
| Current Deferred Revenue | 9.3M | 2.2M | 2.0M | 1.8M | 2.0M | -- |
| Other Current Liabilities | 249,212 | 249,212 | 249,212 | -- | 249,212 | 249,212 |
| Current Liabilities | 11.7M | 5.2M | 4.5M | 4.4M | 4.4M | -- |
| Long Term Debt | 250,000 | 384,990 | 452,790 | 248,990 | 245,803 | -- |
| Long Term Debt And Capital Lease Obligation | 559,740 | 712,320 | 782,284 | 591,111 | 655,288 | -- |
| Long Term Capital Lease Obligation | 309,740 | 327,330 | 329,494 | 342,121 | 409,485 | -- |
| Total Non Current Liabilities Net Minority Interest | 2.0M | 2.1M | 2.2M | 2.0M | 1.3M | -- |
| Total Liabilities Net Minority Interest | 13.7M | 7.3M | 6.7M | 6.4M | 5.6M | -- |
| Common Stock | 18.0M | 18.0M | 18.0M | 18.0M | 18.0M | -- |
| Capital Stock | 18.0M | 18.0M | 18.0M | 18.0M | 18.0M | -- |
| Retained Earnings | -27.5M | -27.6M | -26.9M | -26.2M | -24.8M | -- |
| Gains Losses Not Affecting Retained Earnings | 3.4M | 3.3M | 3.3M | 3.2M | 3.1M | -- |
| Common Stock Equity | -5.9M | -6.0M | -5.4M | -4.8M | -3.5M | -- |
| Stockholders Equity | -5.9M | -6.0M | -5.4M | -4.8M | -3.5M | -- |
| Total Equity Gross Minority Interest | -5.9M | -6.0M | -5.4M | -4.8M | -3.5M | -- |
| Total Capitalization | -5.7M | -5.7M | -5.0M | -4.5M | -3.3M | -- |
| Net Tangible Assets | -5.9M | -6.0M | -5.4M | -4.8M | -3.5M | -- |
| Tangible Book Value | -5.9M | -6.0M | -5.4M | -4.8M | -3.5M | -- |
| Working Capital | -4.0M | -4.3M | -3.6M | -3.2M | -2.8M | -- |
| Invested Capital | -4.9M | -4.7M | -4.0M | -3.9M | -2.7M | -- |
| Total Debt | 1.4M | 1.8M | 1.9M | 1.3M | 1.4M | -- |
| Net Debt | 703,176 | 1.2M | 1.2M | 284,855 | 315,765 | -- |
| Share Issued | 114.1M | 114.1M | 114.1M | 114.1M | 114.1M | -- |
| Ordinary Shares Number | 114.1M | 114.1M | 114.1M | 114.1M | 114.1M | -- |
| Buildings And Improvements | 0.00 | 373,506 | 399,564 | 425,623 | 501,488 | -- |
| Capital Lease Obligations | 449,469 | 439,153 | 440,129 | 451,965 | 518,151 | -- |
| Current Capital Lease Obligation | 139,729 | 111,823 | 110,635 | 109,844 | 108,666 | -- |
| Current Deferred Assets | 118,071 | 113,636 | 58,450 | 90,156 | 448,142 | -- |
| Current Deferred Liabilities | 9.3M | 2.2M | 2.0M | 1.8M | 2.0M | -- |
| Current Notes Payable | 150,588 | -- | -- | -- | -- | -- |
| Current Provisions | -- | -- | -- | 249,212 | -- | -- |
| Finished Goods | 7.0M | 117,823 | 121,584 | 123,024 | 39,793 | -- |
| Long Term Provisions | 59,517 | 59,517 | 59,517 | 59,517 | 61,586 | -- |
| Machinery Furniture Equipment | -- | -- | -- | 116,379 | -- | -- |
| Non Current Deferred Liabilities | 1.4M | 1.4M | 1.4M | 1.4M | 541,560 | -- |
| Non Current Deferred Revenue | 1.4M | 1.4M | 1.4M | 1.4M | 541,560 | -- |
| Other Current Borrowings | 595,024 | 976,732 | 981,335 | 586,575 | 586,575 | -- |
| Other Equity Interest | 161,299 | 161,299 | 161,299 | 161,299 | 161,299 | -- |
| Other Properties | 12,226 | 14,028 | 15,829 | -- | 20,635 | 19,777 |
| Other Receivables | 15,139 | 20,635 | 41,873 | 34,685 | 71,555 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Restricted Cash | 40,250 | 40,250 | 40,250 | 40,250 | 40,250 | -- |
| Total Tax Payable | 121,070 | 104,245 | 107,660 | 104,285 | 125,340 | -- |
| Work In Process | -- | -- | -- | -- | 31,955 | 32,169 |
| 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 | 574,918 | 59,688 | -915,021 | 142,402 | -787,014 | -- |
| Cash Flow From Continuing Operating Activities | 574,919 | 59,688 | -915,021 | 142,492 | -787,014 | -- |
| Depreciation And Amortization | 10,488 | 27,859 | 27,860 | 21,401 | 31,938 | -- |
| Depreciation Amortization Depletion | 10,488 | 27,859 | 27,860 | 21,401 | 31,938 | -- |
| Stock Based Compensation | 42,323 | 57,660 | 81,311 | 119,637 | 49,151 | -- |
| Change In Working Capital | -18,634 | 606,544 | -386,897 | 1.4M | 362,523 | -- |
| Changes In Account Receivables | 137,250 | -14,414 | -107,593 | 22,698 | 875,815 | -- |
| Change In Receivables | 132,815 | -69,600 | -75,887 | 380,684 | 773,507 | -- |
| Change In Inventory | -6.8M | 3,761 | 1,440 | -51,186 | 297,053 | -- |
| Change In Payables And Accrued Expense | -324,088 | 442,296 | -545,887 | 264,313 | -879,991 | -- |
| Change In Payable | -324,088 | -- | -- | -- | -879,991 | -- |
| Change In Other Working Capital | 7.0M | 207,497 | 199,189 | 655,736 | 159,173 | -- |
| Other Non Cash Items | 125,179 | 50,733 | 79,062 | 72,194 | 38,102 | -- |
| Capital Expenditure | -- | -- | -- | -- | -46,219 | -- |
| Purchase Of PPE | 0.00 | -- | -- | 42,355 | -46,219 | -1,953 |
| Net PPE Purchase And Sale | 0.00 | -- | -- | 42,355 | -46,219 | -1,953 |
| Investing Cash Flow | 0.00 | -- | -- | 42,355 | -46,219 | -1,953 |
| Cash Flow From Continuing Investing Activities | 0.00 | -- | -- | 42,355 | -46,219 | -1,953 |
| Issuance Of Debt | 0.00 | 7,276 | 635,587 | -- | 819,750 | 0.00 |
| Repayment Of Debt | -427,836 | -134,096 | -21,969 | -- | 0.00 | 0.00 |
| Net Issuance Payments Of Debt | -427,836 | -126,820 | 613,618 | -- | 819,750 | 0.00 |
| Issuance Of Capital Stock | -- | -- | -- | -32,750 | -- | -- |
| Net Common Stock Issuance | -- | -- | -- | -32,750 | -- | -- |
| Financing Cash Flow | -437,081 | -99,103 | 558,325 | -150,660 | 811,968 | -- |
| Cash Flow From Continuing Financing Activities | -437,082 | -99,102 | 558,324 | -150,660 | 811,968 | -- |
| Changes In Cash | 138,377 | -39,415 | -356,696 | 34,097 | -21,265 | -- |
| Beginning Cash Position | 154,599 | 194,014 | 550,710 | 516,613 | 537,878 | -- |
| End Cash Position | 292,436 | 154,599 | 194,014 | 550,710 | 516,613 | -- |
| Free Cash Flow | 574,918 | 59,688 | -915,021 | 184,757 | -833,233 | -- |
| Interest Paid Supplemental Data | -- | -- | 50,585 | -- | -- | -- |
| Amortization Cash Flow | 1,802 | 1,801 | 1,801 | 3,005 | 3,006 | -- |
| Amortization Of Intangibles | 1,802 | 1,801 | 1,801 | 3,005 | 3,006 | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Change In Account Payable | -324,088 | -- | -- | -- | -879,991 | -- |
| Change In Prepaid Assets | -24,814 | 22,590 | 34,248 | 113,048 | 12,781 | -- |
| Common Stock Issuance | -- | -- | -- | -32,750 | -- | -- |
| Depreciation | 8,686 | 26,058 | 26,059 | 18,396 | 28,932 | -- |
| Interest Paid Cff | -9,246 | -12,428 | -15,148 | -26,542 | -7,782 | -- |
| Long Term Debt Issuance | 0.00 | 7,276 | 635,587 | -- | 819,750 | 0.00 |
| Long Term Debt Payments | 122,978 | -134,096 | -21,969 | -- | -- | 0.00 |
| Net Income From Continuing Operations | 50,742 | -683,108 | -716,357 | -1.4M | -1.3M | -- |
| Net Long Term Debt Issuance | 122,978 | -126,820 | 613,618 | -- | 819,750 | 0.00 |
| Net Other Financing Charges | -- | -- | 1.00 | -- | -- | -- |
| Proceeds From Stock Option Exercised | -- | -- | -40,146 | -- | -- | -- |