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Coveo Solutions Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 38.0M 35.5M 34.4M 34.0M 32.7M
Operating Revenue 38.0M 35.5M 34.4M 34.0M 32.7M
Cost Of Revenue 8.2M 8.1M 7.2M 7.3M 6.8M
Gross Profit 29.8M 27.4M 27.1M 26.6M 25.9M
Selling General And Administration 24.7M 26.2M 21.6M 22.0M 20.3M
General And Administrative Expense 6.9M 7.1M 5.8M 6.7M 6.2M
Research And Development 9.9M 10.5M 8.5M 8.3M 8.6M
Depreciation And Amortization In Income Statement 1.4M 1.6M 4.6M 1.7M 1.7M
Operating Expense 36.1M 38.3M 34.7M 32.0M 30.7M
Operating Income -6.3M -10.9M -7.6M -5.4M -4.8M
EBIT -6.3M -10.9M 3.4M -5.4M -4.8M
Net Interest Income 787,000 1.2M 1.0M 1.1M 1.3M
Other Income Expense -1.2M -5.4M -278,000 6.5M -1.7M
Gain On Sale Of Security -1.2M -5.4M -278,000 6.5M -1.7M
Pretax Income -6.7M -15.1M -6.8M 2.2M -5.2M
Tax Provision 527,000 -70,000 -501,000 -1.8M 147,000
Tax Effect Of Unusual Items -177,900 -25,038 -20,431 981,900 -258,450
Net Income From Continuing And Discontinued Operation -7.2M -15.1M -6.3M 4.0M -5.4M
Net Income From Continuing Operation Net Minority Interest -7.2M -15.1M -6.3M 4.0M -5.4M
Net Income Including Noncontrolling Interests -7.2M -15.1M -6.3M 4.0M -5.4M
Net Income Common Stockholders -7.2M -15.1M -6.3M 4.0M -5.4M
Net Income -7.2M -15.1M -6.3M 4.0M -5.4M
EBITDA -4.9M -9.3M 8.0M -3.7M -3.0M
Normalized EBITDA -3.7M -3.9M 8.3M -10.2M -1.3M
Reconciled Depreciation 1.4M 1.6M 4.6M 1.7M 1.7M
Basic EPS -0.08 -0.16 -- 0.04 -0.05
Diluted EPS -0.08 -0.16 -- 0.04 -0.05
Basic Average Shares 95.5M 96.2M -- 96.4M 98.4M
Diluted Average Shares 95.5M 96.2M -- 104.9M 98.4M
Total Unusual Items -1.2M -5.4M -278,000 6.5M -1.7M
Total Unusual Items Excluding Goodwill -1.2M -5.4M -278,000 6.5M -1.7M
Tax Rate For Calcs 0.15 0.00 0.07 0.15 0.15
Normalized Income -6.2M -9.7M -6.1M -1.5M -3.9M
Amortization 462,000 461,000 3.6M 743,000 737,000
Amortization Of Intangibles Income Statement 462,000 461,000 3.6M 743,000 737,000
Depreciation Amortization Depletion Income Statement 1.4M 1.6M 4.6M 1.7M 1.7M
Depreciation Income Statement 932,000 1.1M 963,000 965,000 986,000
Diluted NI Availto Com Stockholders -7.2M -15.1M -6.3M 4.0M -5.4M
Net Income Continuous Operations -7.2M -15.1M -6.3M 4.0M -5.4M
Net Non Operating Interest Income Expense 787,000 1.2M 1.0M 1.1M 1.3M
Other Gand A 6.9M 7.1M 5.8M 6.7M 6.2M
Reconciled Cost Of Revenue 8.2M 8.1M 7.2M 7.3M 6.8M
Selling And Marketing Expense 17.8M 19.1M 15.7M 15.3M 14.1M
Total Expenses 44.3M 46.4M 41.9M 39.4M 37.5M
Total Operating Income As Reported -6.3M -10.9M -7.6M -5.4M -4.8M
Total Other Finance Cost -787,000 -1.2M -- -1.1M -1.3M
Line Item Q4 2025Dec 31, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 100.8M 128.5M 124.8M 119.1M 128.2M
Cash Cash Equivalents And Short Term Investments 100.8M 128.5M 124.8M 119.1M 128.2M
Accounts Receivable 33.5M 22.8M 35.0M 37.5M 26.3M
Receivables 34.3M 24.1M 36.6M 38.5M 27.3M
Prepaid Assets 8.2M 8.6M 9.8M 6.8M 9.6M
Other Current Assets 10.6M 7.2M 6.3M 9.1M 7.1M
Current Assets 154.0M 168.4M 177.4M 173.5M 172.2M
Gross PPE 17.4M 9.1M 21.7M 8.8M 10.1M
Accumulated Depreciation -- -- -12.3M -- --
Net PPE 17.4M 9.1M 9.4M 8.8M 10.1M
Goodwill 27.0M 27.3M 26.3M 25.8M 26.9M
Goodwill And Other Intangible Assets 28.8M 30.0M 29.3M 32.3M 34.5M
Other Intangible Assets 1.8M 2.7M 3.0M 6.5M 7.6M
Total Non Current Assets 61.3M 54.2M 52.9M 54.4M 57.5M
Total Assets 215.3M 222.6M 230.4M 227.9M 229.7M
Current Debt And Capital Lease Obligation 2.2M 2.0M 2.0M 1.7M 2.1M
Accounts Payable 2.2M 2.5M 313,000 2.9M 1.9M
Payables 2.4M 2.6M 537,000 3.2M 2.9M
Payables And Accrued Expenses 16.2M 7.8M 6.4M 9.7M 14.6M
Current Accrued Expenses 13.8M 5.2M 5.9M 6.5M 11.7M
Current Deferred Revenue 73.9M 72.0M 77.4M 71.0M 63.2M
Current Liabilities 104.8M 95.1M 98.0M 93.9M 91.1M
Long Term Debt And Capital Lease Obligation 13.8M 5.3M 5.5M 5.2M 5.8M
Long Term Capital Lease Obligation 13.8M 5.3M 5.5M 5.2M 5.8M
Total Non Current Liabilities Net Minority Interest 13.8M 5.3M 5.5M 5.2M 7.4M
Total Liabilities Net Minority Interest 118.7M 100.4M 103.5M 99.1M 98.5M
Common Stock 752.8M 766.0M 768.8M 767.7M 777.3M
Capital Stock 752.8M 766.0M 768.8M 767.7M 777.3M
Additional Paid In Capital 91.4M 82.4M 76.3M 73.7M 67.1M
Retained Earnings -704.5M -684.4M -669.4M -663.0M -672.4M
Gains Losses Not Affecting Retained Earnings -43.1M -41.7M -48.8M -49.6M -40.8M
Other Equity Adjustments -43.1M -41.7M -48.8M -49.6M -40.8M
Common Stock Equity 96.6M 122.2M 126.9M 128.8M 131.2M
Stockholders Equity 96.6M 122.2M 126.9M 128.8M 131.2M
Total Equity Gross Minority Interest 96.6M 122.2M 126.9M 128.8M 131.2M
Total Capitalization 96.6M 122.2M 126.9M 128.8M 131.2M
Net Tangible Assets 67.8M 92.2M 97.6M 96.4M 96.7M
Tangible Book Value 67.8M 92.2M 97.6M 96.4M 96.7M
Working Capital 49.1M 73.3M 79.5M 79.6M 81.1M
Invested Capital 96.6M 122.2M 126.9M 128.8M 131.2M
Total Debt 16.0M 7.3M 7.5M 6.9M 7.9M
Share Issued 95.0M 95.9M 96.1M 95.8M 96.9M
Ordinary Shares Number 94.7M 95.9M 96.1M 95.8M 96.9M
Capital Lease Obligations 16.0M 7.3M 7.5M 6.9M 7.9M
Current Capital Lease Obligation 2.2M 2.0M 2.0M 1.7M 2.1M
Current Deferred Liabilities 73.9M 72.0M 77.4M 71.0M 63.2M
Income Tax Payable 0.00 54,000 28,000 38,000 674,000
Machinery Furniture Equipment -- -- 7.8M -- --
Non Current Deferred Assets 15.1M 15.1M 14.2M 13.2M 12.9M
Non Current Deferred Liabilities -- -- 0.00 0.00 1.6M
Non Current Deferred Taxes Assets 2.5M 3.6M 3.3M 2.8M 3.0M
Non Current Deferred Taxes Liabilities -- -- 0.00 0.00 1.6M
Other Properties 17.4M 9.1M 13.8M 8.8M 10.1M
Other Receivables 427,000 615,000 740,000 526,000 568,000
Pensionand Other Post Retirement Benefit Plans Current 12.5M 13.3M 12.2M 11.5M 11.1M
Receivables Adjustments Allowances -69,000 -126,000 -199,000 -60,000 -63,000
Taxes Receivable 405,000 820,000 1.0M 586,000 463,000
Total Tax Payable 227,000 106,000 224,000 340,000 998,000
Treasury Shares Number 300,000 -- -- -- --
Line Item Q4 2025Dec 31, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 453,000 7.1M 6.8M -183,000 1.4M
Cash Flow From Continuing Operating Activities 453,000 7.1M 6.8M -183,000 1.4M
Depreciation And Amortization 1.4M 1.6M 4.6M 1.7M 1.7M
Depreciation Amortization Depletion 1.4M 1.6M 4.6M 1.7M 1.7M
Stock Based Compensation 5.0M 6.6M 3.8M 4.1M 4.6M
Deferred Tax 494,000 -90,000 -556,000 -1.3M 190,000
Deferred Income Tax 494,000 -90,000 -556,000 -1.3M 190,000
Change In Working Capital -1.7M 7.5M -655,000 -3.5M -2.6M
Change In Receivables 1.1M 13.1M 553,000 -12.2M 4.0M
Change In Payables And Accrued Expense -2.2M 1.0M -2.4M 2.3M -772,000
Change In Other Working Capital 1.2M -7.9M 4.5M 6.7M -2.9M
Change In Other Current Assets -1.9M -505,000 -- -2.6M -1.8M
Other Non Cash Items 1.5M 1.3M 4.4M 1.2M 1.2M
Capital Expenditure -243,000 -173,000 -677,000 -290,000 -193,000
Purchase Of PPE -167,000 -157,000 -648,000 -282,000 -187,000
Net PPE Purchase And Sale -167,000 -157,000 -648,000 -282,000 -187,000
Investing Cash Flow -243,000 -173,000 -677,000 -290,000 -193,000
Cash Flow From Continuing Investing Activities -243,000 -173,000 -677,000 -290,000 -193,000
Repayment Of Debt -746,000 -671,000 -587,000 -613,000 -618,000
Net Issuance Payments Of Debt -746,000 -671,000 -587,000 -613,000 -618,000
Repurchase Of Capital Stock -4.7M -2.7M 0.00 -6.3M -40.6M
Net Common Stock Issuance -4.7M -2.7M 0.00 -6.3M -40.6M
Common Stock Payments -4.7M -2.7M 0.00 -6.3M -40.6M
Financing Cash Flow -7.7M -4.0M -739,000 -7.7M -41.3M
Cash Flow From Continuing Financing Activities -7.7M -4.0M -739,000 -7.7M -41.3M
Effect Of Exchange Rate Changes 51,000 775,000 263,000 -862,000 476,000
Changes In Cash -7.5M 2.9M 5.4M -8.2M -40.1M
Beginning Cash Position 108.2M 124.8M 119.1M 128.2M 167.7M
End Cash Position 100.8M 128.5M 124.8M 119.1M 128.2M
Free Cash Flow 210,000 6.9M 6.1M -473,000 1.2M
Amortization Cash Flow 462,000 461,000 3.6M 743,000 737,000
Amortization Of Intangibles 462,000 461,000 3.6M 743,000 737,000
Change In Prepaid Assets 31,000 1.7M -3.1M 2.4M -1.1M
Depreciation 932,000 1.1M 963,000 965,000 986,000
Long Term Debt Payments -746,000 -671,000 -587,000 -613,000 -618,000
Net Foreign Currency Exchange Gain Loss 1.0M 5.3M 1.6M -6.5M 1.7M
Net Income From Continuing Operations -7.2M -15.1M -6.3M 4.0M -5.4M
Net Intangibles Purchase And Sale -76,000 -16,000 -29,000 -8,000 -6,000
Net Long Term Debt Issuance -746,000 -671,000 -587,000 -613,000 -618,000
Net Other Financing Charges -794,000 -866,000 -407,000 -964,000 -476,000
Operating Gains Losses 1.0M 5.3M 1.6M -6.5M 1.7M
Proceeds From Stock Option Exercised -1.4M 239,000 255,000 138,000 390,000
Purchase Of Intangibles -76,000 -16,000 -29,000 -8,000 -6,000
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