Decisive Dividend Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 36.3M | 39.2M | 37.6M | 32.2M | 28.7M |
| Operating Revenue | 36.3M | 39.2M | 36.6M | 32.2M | 28.7M |
| Cost Of Revenue | 23.0M | 24.1M | 22.9M | 20.2M | 18.7M |
| Gross Profit | 13.3M | 15.1M | 14.6M | 12.0M | 10.0M |
| Selling General And Administration | 9.4M | 10.2M | 9.3M | 7.7M | 8.1M |
| General And Administrative Expense | 9.4M | 10.2M | 9.3M | 7.7M | 8.1M |
| Depreciation And Amortization In Income Statement | 1.8M | 1.7M | 1.7M | 1.7M | 1.6M |
| Operating Expense | 11.1M | 11.9M | 10.9M | 9.3M | 9.8M |
| Operating Income | 2.1M | 3.2M | 3.7M | 2.7M | 245,000 |
| EBIT | 3.9M | 3.1M | 4.2M | 2.7M | 401,000 |
| Interest Expense | 1.3M | 1.4M | 1.4M | 1.5M | 1.5M |
| Interest Expense Non Operating | 1.3M | 1.4M | 1.4M | 1.5M | 1.5M |
| Interest Income | -- | -- | -- | 5,000 | 13,000 |
| Interest Income Non Operating | -- | -- | -- | 5,000 | 13,000 |
| Net Interest Income | -1.3M | -1.4M | -1.5M | -1.5M | -1.5M |
| Other Income Expense | 1.8M | -116,000 | 569,000 | 39,000 | 156,000 |
| Other Non Operating Income Expenses | 6,000 | 6,000 | -- | -- | 13,000 |
| Special Income Charges | 1.7M | 3,000 | -4.4M | 3,000 | 31,000 |
| Gain On Sale Of Security | 99,000 | -125,000 | 480,000 | 31,000 | 112,000 |
| Pretax Income | 2.6M | 1.7M | 2.8M | 1.2M | -1.1M |
| Tax Provision | 587,000 | 730,000 | 921,000 | 225,000 | -59,000 |
| Tax Effect Of Unusual Items | 396,381 | -18,300 | -1.3M | 6,522 | 8,012 |
| Net Income From Continuing And Discontinued Operation | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| Net Income From Continuing Operation Net Minority Interest | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| Net Income Including Noncontrolling Interests | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| Net Income Common Stockholders | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| Net Income | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| EBITDA | 6.7M | 5.7M | 6.8M | 5.2M | 2.8M |
| Normalized EBITDA | 4.9M | 5.8M | 10.8M | 5.2M | 2.7M |
| Reconciled Depreciation | 2.7M | 2.6M | 2.6M | 2.5M | 2.4M |
| Basic EPS | 0.10 | 0.05 | -- | 0.05 | -0.05 |
| Diluted EPS | 0.10 | 0.05 | -- | 0.05 | -0.05 |
| Basic Average Shares | 19.8M | 19.7M | -- | 19.5M | 19.4M |
| Diluted Average Shares | 20.6M | 20.5M | -- | 19.9M | 20.7M |
| Total Unusual Items | 1.8M | -122,000 | -4.0M | 34,000 | 143,000 |
| Total Unusual Items Excluding Goodwill | 1.8M | -122,000 | -4.0M | 34,000 | 143,000 |
| Tax Rate For Calcs | 0.22 | 0.15 | 0.33 | 0.19 | 0.06 |
| Normalized Income | 665,381 | 1.1M | 4.5M | 920,522 | -1.1M |
| Depreciation Amortization Depletion Income Statement | 1.8M | 1.7M | 1.7M | 1.7M | 1.6M |
| Diluted NI Availto Com Stockholders | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| Gain On Sale Of Ppe | 1.7M | 3,000 | 7,000 | 3,000 | 31,000 |
| Net Income Continuous Operations | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| Net Non Operating Interest Income Expense | -1.3M | -1.4M | -1.5M | -1.5M | -1.5M |
| Other Gand A | 2.8M | 3.0M | 3.1M | 2.3M | 2.7M |
| Reconciled Cost Of Revenue | 22.0M | 23.1M | 22.0M | 19.4M | 17.9M |
| Rent And Landing Fees | 600,000 | 591,000 | 557,000 | 526,000 | 533,000 |
| Rent Expense Supplemental | 600,000 | 591,000 | 557,000 | 526,000 | 533,000 |
| Salaries And Wages | 6.0M | 6.6M | 5.6M | 4.8M | 4.9M |
| Total Expenses | 34.1M | 36.0M | 33.9M | 29.6M | 28.5M |
| Total Operating Income As Reported | -- | 1.8M | 2.3M | 1.1M | -1.2M |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 3.0M | 2.1M | 3.3M | 2.8M | 2.0M |
| Cash Cash Equivalents And Short Term Investments | 3.0M | 2.1M | 3.3M | 2.8M | 2.0M |
| Cash Financial | 3.0M | 2.1M | 3.3M | 2.8M | 2.0M |
| Accounts Receivable | 24.0M | 27.2M | 25.6M | 22.3M | 21.2M |
| Receivables | 24.0M | 27.2M | 26.7M | 22.3M | 21.2M |
| Inventory | 27.8M | 26.1M | 24.9M | 25.6M | 26.4M |
| Prepaid Assets | 2.5M | 1.5M | 2.6M | 2.0M | 2.3M |
| Current Assets | 57.4M | 56.9M | 57.4M | 52.7M | 51.9M |
| Gross PPE | 49.6M | -- | 46.7M | -- | -- |
| Accumulated Depreciation | -19.4M | -- | -16.3M | -- | -- |
| Net PPE | 30.2M | 29.5M | 30.4M | 30.1M | 30.4M |
| Goodwill | 44.7M | 44.6M | 44.3M | 48.3M | 47.9M |
| Goodwill And Other Intangible Assets | 76.4M | 77.0M | 77.4M | 82.3M | 81.5M |
| Other Intangible Assets | 31.8M | 32.4M | 33.1M | 34.0M | 33.6M |
| Total Non Current Assets | 106.7M | 106.5M | 107.8M | 112.4M | 111.9M |
| Total Assets | 164.1M | 163.4M | 165.2M | 165.1M | 163.8M |
| Current Debt | 79,000 | 143,000 | 202,000 | 231,000 | 233,000 |
| Current Debt And Capital Lease Obligation | 2.5M | 2.5M | 2.6M | 2.7M | 2.7M |
| Accounts Payable | 21.4M | 22.0M | 7.2M | 24.6M | 22.1M |
| Payables | 22.3M | 22.9M | 10.7M | 25.5M | 23.0M |
| Payables And Accrued Expenses | 22.3M | 22.9M | 23.1M | 25.5M | 23.0M |
| Current Accrued Expenses | -- | -- | 12.4M | -- | -- |
| Current Deferred Revenue | 255,000 | 879,000 | 227,000 | 568,000 | 487,000 |
| Current Liabilities | 25.5M | 26.8M | 26.4M | 29.2M | 26.6M |
| Long Term Debt | 61.5M | 59.1M | 60.3M | 57.5M | 58.7M |
| Long Term Debt And Capital Lease Obligation | 71.0M | 69.2M | 70.8M | 68.9M | 70.7M |
| Long Term Capital Lease Obligation | 9.4M | 10.1M | 10.6M | 11.4M | 12.0M |
| Total Non Current Liabilities Net Minority Interest | 82.0M | 79.9M | 82.0M | 79.4M | 81.0M |
| Total Liabilities Net Minority Interest | 107.5M | 106.8M | 108.3M | 108.6M | 107.6M |
| Common Stock | 73.1M | 72.6M | 72.1M | 71.7M | 70.4M |
| Capital Stock | 73.1M | 72.6M | 72.1M | 71.7M | 70.4M |
| Additional Paid In Capital | 3.1M | 3.0M | 2.1M | 1.6M | 1.6M |
| Retained Earnings | 20.2M | 18.2M | 17.2M | 15.3M | 14.4M |
| Gains Losses Not Affecting Retained Earnings | -39.9M | -37.1M | -34.5M | -32.1M | -30.2M |
| Other Equity Adjustments | -39.9M | -37.1M | -34.5M | -32.1M | -30.2M |
| Common Stock Equity | 56.6M | 56.6M | 56.9M | 56.5M | 56.2M |
| Stockholders Equity | 56.6M | 56.6M | 56.9M | 56.5M | 56.2M |
| Total Equity Gross Minority Interest | 56.6M | 56.6M | 56.9M | 56.5M | 56.2M |
| Total Capitalization | 118.1M | 115.8M | 117.1M | 114.1M | 114.9M |
| Net Tangible Assets | -19.8M | -20.3M | -20.5M | -25.8M | -25.3M |
| Tangible Book Value | -19.8M | -20.3M | -20.5M | -25.8M | -25.3M |
| Working Capital | 31.9M | 30.1M | 31.1M | 23.5M | 25.2M |
| Invested Capital | 118.2M | 115.9M | 117.3M | 114.3M | 115.2M |
| Total Debt | 73.4M | 71.7M | 73.4M | 71.6M | 73.4M |
| Net Debt | 58.6M | 57.2M | 57.2M | 55.0M | 57.0M |
| Share Issued | 19.8M | 19.8M | 19.7M | 19.6M | 19.4M |
| Ordinary Shares Number | 19.8M | 19.8M | 19.7M | 19.6M | 19.4M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -234,000 | -- | -- |
| Capital Lease Obligations | 11.8M | 12.4M | 13.0M | 13.8M | 14.4M |
| Current Capital Lease Obligation | 2.4M | 2.4M | 2.4M | 2.4M | 2.5M |
| Current Deferred Liabilities | 255,000 | 879,000 | 227,000 | 568,000 | 487,000 |
| Current Provisions | 477,000 | 484,000 | 480,000 | 465,000 | 500,000 |
| Dividends Payable | 893,000 | 890,000 | 886,000 | 884,000 | 873,000 |
| Finished Goods | -- | -- | 9.8M | -- | -- |
| Gross Accounts Receivable | -- | -- | 25.8M | -- | -- |
| Income Tax Payable | -- | -- | 1.1M | -- | -- |
| Inventories Adjustments Allowances | -- | -- | -503,000 | -- | -- |
| Leases | 2.4M | -- | 2.2M | -- | -- |
| Machinery Furniture Equipment | 3.5M | -- | 3.1M | -- | -- |
| Non Current Deferred Liabilities | 11.0M | 10.7M | 11.1M | 10.4M | 10.3M |
| Non Current Deferred Taxes Liabilities | 11.0M | 10.7M | 11.1M | 10.4M | 10.3M |
| Other Current Borrowings | 79,000 | 143,000 | 202,000 | 231,000 | 233,000 |
| Other Payable | -- | -- | 1.5M | -- | -- |
| Other Properties | 43.7M | -- | 41.4M | -- | -- |
| Properties | 0.00 | -- | 0.00 | -- | -- |
| Raw Materials | -- | -- | 11.4M | -- | -- |
| Taxes Receivable | -- | -- | 1.1M | -- | -- |
| Total Tax Payable | -- | -- | 1.1M | -- | -- |
| Work In Process | -- | -- | 4.1M | -- | -- |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 3.5M | 5.2M | 5.0M | 8.0M | 227,000 |
| Cash Flow From Continuing Operating Activities | 3.5M | 5.2M | 5.0M | 8.0M | 227,000 |
| Depreciation And Amortization | 2.7M | 2.6M | 2.6M | 2.5M | 2.4M |
| Depreciation Amortization Depletion | 2.7M | 2.6M | 2.6M | 2.5M | 2.4M |
| Stock Based Compensation | 300,000 | 1.2M | 508,000 | 230,000 | 241,000 |
| Deferred Tax | 587,000 | 730,000 | 921,000 | 225,000 | -59,000 |
| Deferred Income Tax | 587,000 | 730,000 | 921,000 | 225,000 | -59,000 |
| Change In Working Capital | -1.3M | -478,000 | -2.3M | 2.6M | -1.2M |
| Changes In Account Receivables | 3.0M | -694,000 | -4.1M | -1.1M | 707,000 |
| Change In Receivables | 3.0M | -694,000 | -4.1M | -1.1M | 707,000 |
| Change In Inventory | -2.0M | -1.4M | 479,000 | 638,000 | -40,000 |
| Change In Payables And Accrued Expense | -728,000 | -99,000 | 2.0M | 2.8M | -884,000 |
| Change In Other Working Capital | -627,000 | 650,000 | -221,000 | 6,000 | -408,000 |
| Other Non Cash Items | 1.3M | 1.4M | -3.0M | 1.5M | 1.5M |
| Capital Expenditure | -2.8M | -995,000 | -2.5M | -2.2M | -1.5M |
| Purchase Of PPE | -2.8M | -995,000 | -2.5M | -2.2M | -1.5M |
| Net PPE Purchase And Sale | -1.0M | -985,000 | -2.5M | -2.2M | -1.5M |
| Purchase Of Business | 0.00 | 0.00 | -3,000 | -57,000 | -5.0M |
| Investing Cash Flow | -1.0M | -985,000 | -2.5M | -2.2M | -6.5M |
| Cash Flow From Continuing Investing Activities | -1.0M | -985,000 | -2.5M | -2.2M | -6.5M |
| Issuance Of Debt | 3.6M | 0.00 | 19,000 | 1.4M | 8.3M |
| Repayment Of Debt | -1.3M | -1.8M | 1.6M | -3.1M | -581,000 |
| Net Issuance Payments Of Debt | 2.3M | -1.8M | 1.6M | -1.8M | 7.7M |
| Issuance Of Capital Stock | -- | -- | 17,000 | 398,000 | -- |
| Repurchase Of Capital Stock | -29,000 | -42,000 | -- | -- | -30,000 |
| Net Common Stock Issuance | -29,000 | -42,000 | 17,000 | 398,000 | -30,000 |
| Common Stock Dividend Paid | -- | -2.3M | -- | -- | -- |
| Common Stock Payments | -29,000 | -42,000 | -- | -- | -30,000 |
| Financing Cash Flow | -1.4M | -5.5M | -2.1M | -5.1M | 4.1M |
| Cash Flow From Continuing Financing Activities | -1.4M | -5.5M | -2.1M | -5.1M | 4.1M |
| Effect Of Exchange Rate Changes | -79,000 | 82,000 | 123,000 | 54,000 | 25,000 |
| Changes In Cash | 1.0M | -1.3M | 380,000 | 674,000 | -2.2M |
| Beginning Cash Position | 2.1M | 3.3M | 2.8M | 2.0M | 4.2M |
| End Cash Position | 3.0M | 2.1M | 3.3M | 2.8M | 2.0M |
| Free Cash Flow | 653,000 | 4.2M | 2.5M | 5.8M | -1.3M |
| Amortization Cash Flow | 1.8M | 1.7M | -- | 1.7M | 1.6M |
| Amortization Of Intangibles | 1.8M | 1.7M | -- | 1.7M | 1.6M |
| Asset Impairment Charge | 3,000 | -- | 4.8M | 4,000 | 3,000 |
| Cash Dividends Paid | -2.3M | -2.3M | -2.3M | -2.3M | -2.1M |
| Change In Prepaid Assets | -1.0M | 1.0M | -409,000 | 254,000 | -603,000 |
| Common Stock Issuance | -- | -- | 17,000 | 398,000 | -- |
| Depreciation | 983,000 | 967,000 | -- | 868,000 | 770,000 |
| Gain Loss On Sale Of PPE | -1.7M | -3,000 | -7,000 | -3,000 | -31,000 |
| Interest Paid Cff | -1.2M | -1.3M | -1.4M | -1.5M | -1.4M |
| Long Term Debt Issuance | 3.6M | 0.00 | 19,000 | 1.4M | 8.3M |
| Long Term Debt Payments | -1.3M | -1.8M | 1.6M | -3.1M | -581,000 |
| Net Business Purchase And Sale | 0.00 | 0.00 | -3,000 | -57,000 | -5.0M |
| Net Foreign Currency Exchange Gain Loss | -99,000 | 125,000 | -480,000 | -31,000 | -112,000 |
| Net Income From Continuing Operations | 2.0M | 971,000 | 1.9M | 948,000 | -994,000 |
| Net Long Term Debt Issuance | 2.3M | -1.8M | 1.6M | -1.8M | 7.7M |
| Net Other Financing Charges | -240,000 | -49,000 | 0.00 | -2,000 | -142,000 |
| Operating Gains Losses | -1.8M | 122,000 | -487,000 | -34,000 | -143,000 |
| Sale Of PPE | 1.8M | 10,000 | 8,000 | 19,000 | 31,000 |
| Taxes Refund Paid | -386,000 | -1.3M | 81,000 | 0.00 | -1.5M |