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Cavvy Energy Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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
Total Revenue 46.7M 59.6M 60.1M 48.3M 40.4M
Operating Revenue 45.7M 59.4M 60.0M 48.1M 40.2M
Cost Of Revenue 14.8M 18.7M 12.8M 20.7M 14.8M
Gross Profit 31.9M 40.9M 47.3M 27.6M 25.6M
Selling General And Administration 12.4M 7.5M 7.0M 7.3M 5.2M
General And Administrative Expense 12.4M 7.5M 7.0M 7.3M 5.2M
Other Operating Expenses 41.9M 46.0M 49.3M 47.5M 43.3M
Operating Expense 54.3M 53.5M 56.3M 54.8M 48.5M
Operating Income -22.4M -12.7M -9.0M -27.2M -22.9M
EBIT -6.4M 10.0M 9.9M -21.8M 11.6M
Interest Expense 5.0M 4.9M 5.7M 6.1M 6.2M
Interest Expense Non Operating 5.0M 4.9M 5.7M 6.1M 6.2M
Interest Income 28,000 -- -- -- --
Interest Income Non Operating 28,000 -- -- -- --
Net Interest Income -6.2M -6.2M -7.2M -6.9M -8.0M
Other Income Expense 17.2M 24.1M 20.4M 6.2M 36.3M
Other Non Operating Income Expenses -- -- -- -- --
Special Income Charges 0.00 0.00 0.00 75,000 7.6M
Gain On Sale Of Security 17.2M 24.1M 20.4M 6.1M 28.7M
Pretax Income -11.4M 5.2M 4.2M -27.9M 5.4M
Tax Provision -1.3M 1.0M 1.5M -6.9M -2.1M
Tax Effect Of Unusual Items 2.0M 4.7M 7.4M 1.5M 5.4M
Net Income From Continuing And Discontinued Operation -10.1M 4.1M 2.7M -20.9M 7.5M
Net Income From Continuing Operation Net Minority Interest -10.1M 4.1M 2.7M -20.9M 7.5M
Net Income Including Noncontrolling Interests -10.1M 4.1M 2.7M -20.9M 7.5M
Net Income Common Stockholders -10.1M 4.1M 2.7M -20.9M 7.5M
Net Income -10.1M 4.1M 2.7M -20.9M 7.5M
EBITDA 7.2M 24.3M 22.7M -5.8M 23.8M
Normalized EBITDA -10.0M 221,000 2.3M -12.0M -12.5M
Reconciled Depreciation 13.6M 14.3M 12.8M 16.0M 12.2M
Basic EPS -0.03 0.01 0.01 -- 0.04
Diluted EPS -0.03 0.01 0.01 -- 0.04
Basic Average Shares 290.5M 290.4M 290.4M -- 167.3M
Diluted Average Shares 290.5M 290.5M 290.4M -- 170.9M
Total Unusual Items 17.2M 24.1M 20.4M 6.2M 36.3M
Total Unusual Items Excluding Goodwill 17.2M 24.1M 20.4M 6.2M 36.3M
Tax Rate For Calcs 0.12 0.20 0.36 0.25 0.15
Normalized Income -25.3M -15.2M -10.4M -25.6M -23.3M
Diluted NI Availto Com Stockholders -10.1M 4.1M 2.7M -20.9M 7.5M
Gain On Sale Of Ppe 0.00 0.00 0.00 75,000 7.6M
Net Income Continuous Operations -10.1M 4.1M 2.7M -20.9M 7.5M
Net Non Operating Interest Income Expense -6.2M -6.2M -7.2M -6.9M -8.0M
Other Gand A 5.6M 5.9M 5.6M 6.3M 5.2M
Reconciled Cost Of Revenue 14.8M 18.7M 12.8M 20.7M 14.8M
Salaries And Wages 6.8M 1.6M 1.4M 932,000 42,000
Total Expenses 69.1M 72.3M 69.1M 75.5M 63.3M
Total Other Finance Cost 1.2M 1.4M 1.5M 786,000 1.7M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 10.2M 6.6M 11.4M 8.6M 6.1M
Cash Cash Equivalents And Short Term Investments 10.2M 6.6M 11.4M 8.6M 6.1M
Accounts Receivable 37.0M 37.2M 44.3M 50.2M 38.2M
Receivables 37.0M 37.2M 44.3M 50.2M 38.2M
Inventory 3.7M 3.7M 3.7M 3.8M 4.3M
Prepaid Assets -- -- -- -- --
Other Current Assets 6.1M 6.6M 6.5M 7.1M 8.9M
Current Assets 83.5M 89.1M 79.5M 114.0M 106.5M
Gross PPE 693.4M 690.1M 703.3M 700.2M 684.4M
Accumulated Depreciation -336.2M -323.2M -309.4M -308.9M -281.7M
Net PPE 357.2M 366.9M 393.9M 391.2M 402.7M
Total Non Current Assets 452.8M 464.1M 492.0M 498.4M 508.5M
Total Assets 536.3M 553.2M 571.5M 612.4M 615.0M
Current Debt 9.9M 17.6M 11.0M 9.9M 9.2M
Current Debt And Capital Lease Obligation 11.6M 19.2M 12.6M 11.6M 11.0M
Accounts Payable 63.9M 70.5M 92.9M 95.8M 96.4M
Payables 63.9M 70.5M 92.9M 95.8M 96.4M
Payables And Accrued Expenses 63.9M 70.5M 92.9M 95.8M 96.4M
Other Current Liabilities 10.1M 4.0M 3.5M 2.8M 2.4M
Current Liabilities 90.8M 100.1M 115.7M 117.1M 109.8M
Long Term Debt 143.2M 129.2M 143.9M 157.9M 154.9M
Long Term Debt And Capital Lease Obligation 146.1M 132.0M 147.0M 160.9M 155.6M
Long Term Capital Lease Obligation 2.9M 2.9M 3.1M 3.0M 685,000
Total Non Current Liabilities Net Minority Interest 307.5M 293.8M 322.7M 326.9M 331.9M
Total Liabilities Net Minority Interest 398.3M 393.9M 438.4M 444.0M 441.7M
Common Stock 306.4M 306.3M 306.3M 306.3M 280.0M
Capital Stock 306.4M 306.3M 306.3M 306.3M 280.0M
Additional Paid In Capital 13.9M 13.8M 13.7M 13.6M 13.5M
Retained Earnings -211.3M -201.2M -205.4M -208.0M -187.1M
Gains Losses Not Affecting Retained Earnings 27.6M 39.1M 17.0M 55.2M 65.6M
Other Equity Adjustments 27.6M 39.1M 17.0M -- 65.6M
Common Stock Equity 137.9M 159.3M 133.1M 168.4M 173.3M
Stockholders Equity 137.9M 159.3M 133.1M 168.4M 173.3M
Total Equity Gross Minority Interest 137.9M 159.3M 133.1M 168.4M 173.3M
Minority Interest -- -- -- 0.00 0.00
Total Capitalization 281.2M 288.5M 276.9M 326.3M 328.3M
Net Tangible Assets 137.9M 159.3M 133.1M 168.4M 173.3M
Tangible Book Value 137.9M 159.3M 133.1M 168.4M 173.3M
Working Capital -7.3M -11.0M -36.2M -3.2M -3.3M
Invested Capital 291.0M 306.1M 288.0M 336.2M 337.5M
Total Debt 157.7M 151.2M 159.5M 172.5M 166.7M
Net Debt 142.9M 140.2M 143.5M 159.2M 158.0M
Share Issued 290.6M 290.4M 290.4M 290.4M 190.5M
Ordinary Shares Number 290.6M 290.4M 290.4M 290.4M 190.5M
Capital Lease Obligations 4.6M 4.5M 4.6M 4.7M 2.5M
Current Capital Lease Obligation 1.7M 1.6M 1.5M 1.7M 1.8M
Current Provisions 5.3M 6.4M 6.7M 7.0M --
Financial Assets 4.8M 11.2M 4.5M 23.5M 32.2M
Hedging Assets Current 26.6M 35.1M 13.5M 44.2M 48.5M
Long Term Provisions 160.0M 159.9M 174.5M 165.2M 175.9M
Non Current Deferred Assets 90.7M 85.9M 93.6M 83.6M 73.6M
Non Current Deferred Taxes Assets 90.7M 85.9M 93.6M 83.6M 73.6M
Other Current Borrowings 9.9M 17.6M 11.0M 9.9M 9.2M
Other Equity Interest 1.3M 1.3M 1.3M 1.3M 1.3M
Other Properties 693.4M 690.1M 703.3M 700.2M 684.4M
Restricted Cash -- -- 188,000 188,000 520,000
Tradeand Other Payables Non Current 1.5M 1.9M 1.3M 727,000 362,000
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 4.5M 1.6M 22.6M -622,000 2.3M
Cash Flow From Continuing Operating Activities 4.5M 1.6M 22.6M -622,000 2.3M
Depreciation Amortization Depletion 13.6M 14.3M 12.8M 16.0M 12.2M
Stock Based Compensation 63,000 62,000 96,000 86,000 192,000
Deferred Tax -1.3M 1.0M 1.5M -6.9M -2.1M
Deferred Income Tax -1.3M 1.0M 1.5M -6.9M -2.1M
Change In Working Capital -7.3M -12.6M 1.2M -2.8M -5.7M
Change In Other Working Capital -- -- 1.2M -- --
Other Non Cash Items 402,000 2.2M 3.6M 3.0M 1.5M
Capital Expenditure -4.0M -2.4M -6.5M -5.8M -10.0M
Purchase Of PPE -4.0M -2.4M -6.5M -5.8M -10.0M
Net PPE Purchase And Sale -4.0M -2.4M -6.5M -5.8M -10.0M
Investing Cash Flow -2.5M -5.0M -4.0M -12.9M 5.7M
Cash Flow From Continuing Investing Activities -2.5M -5.0M -4.0M -12.9M 5.7M
Issuance Of Debt 12.4M 4.2M 0.00 7.0M 9.9M
Repayment Of Debt -10.8M -5.6M -15.8M -16.9M -26.8M
Net Issuance Payments Of Debt 1.7M -1.5M -15.8M -9.8M -17.0M
Issuance Of Capital Stock 0.00 -- -- 29.5M 4.0M
Net Common Stock Issuance 0.00 -- -- 29.5M 4.0M
Financing Cash Flow 1.6M -1.4M -15.8M 15.9M -13.0M
Cash Flow From Continuing Financing Activities 1.6M -1.4M -15.8M 15.9M -13.0M
Effect Of Exchange Rate Changes 0.00 -- -- -- -34,000
Changes In Cash 3.6M -4.8M 2.8M 2.4M -5.0M
Beginning Cash Position 6.6M 11.4M 8.6M 6.1M 11.2M
End Cash Position 10.2M 6.6M 11.4M 8.6M 6.1M
Free Cash Flow 444,000 -792,000 16.1M -6.4M -7.7M
Interest Paid Supplemental Data 4.9M 4.7M 4.0M 4.5M 5.7M
Common Stock Issuance 0.00 -- -- 29.5M 4.0M
Gain Loss On Investment Securities 6.1M 789,000 909,000 -279,000 -1.7M
Gain Loss On Sale Of PPE -- -- 0.00 -- -7.6M
Long Term Debt Issuance 12.4M 4.2M 0.00 7.0M 9.9M
Long Term Debt Payments -10.8M -5.6M -15.8M -16.9M -26.8M
Net Foreign Currency Exchange Gain Loss 3.1M -8.3M -195,000 11.2M -2.1M
Net Income From Continuing Operations -10.1M 4.1M 2.7M -20.9M 7.5M
Net Long Term Debt Issuance 1.7M -1.5M -15.8M -9.8M -17.0M
Net Other Financing Charges -150,000 -- -14,000 -3.7M --
Net Other Investing Changes 1.5M -2.6M 2.5M -7.1M 15.7M
Operating Gains Losses 9.1M -7.5M 714,000 10.9M -11.4M
Proceeds From Stock Option Exercised 139,000 12,000 0.00 0.00 0.00
Sale Of PPE -- -- -- -- 0.00
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