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Diversified Royalty Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 65.0M 56.5M 45.2M 37.3M
Operating Revenue 65.0M 56.5M 45.2M 37.3M
Selling General And Administration 6.6M 5.8M 4.8M 4.2M
General And Administrative Expense 6.6M 5.8M 4.8M 4.2M
Operating Expense 6.6M 5.8M 4.8M 4.2M
Operating Income 58.4M 50.7M 40.3M 33.1M
EBIT 55.1M 58.9M 33.3M 41.1M
Interest Expense 17.6M 15.3M 9.8M 8.4M
Interest Expense Non Operating 17.6M 15.3M 9.8M 8.4M
Interest Income 496,000 243,000 168,000 29,000
Interest Income Non Operating 496,000 243,000 168,000 29,000
Net Interest Income -18.1M -15.9M -12.0M -9.2M
Other Income Expense -2.8M 8.8M -4.8M 8.8M
Special Income Charges -8.2M 91,000 -7.6M 1.7M
Write Off -- -- 7.6M -1.7M
Gain On Sale Of Security 5.4M 8.7M 2.7M 7.0M
Pretax Income 37.5M 43.6M 23.5M 32.7M
Tax Provision 10.9M 11.9M 7.9M 9.2M
Tax Effect Of Unusual Items -820,144 2.4M -1.6M 2.5M
Net Income From Continuing And Discontinued Operation 26.6M 31.7M 15.6M 23.5M
Net Income From Continuing Operation Net Minority Interest 26.6M 31.7M 15.6M 23.5M
Net Income Including Noncontrolling Interests 26.6M 31.7M 15.6M 23.5M
Net Income Common Stockholders 26.6M 31.7M 15.6M 23.5M
Net Income 26.6M 31.7M 15.6M 23.5M
EBITDA 55.2M 59.0M 33.4M 41.2M
Normalized EBITDA 58.0M 50.2M 38.2M 32.4M
Reconciled Depreciation 103,000 100,000 100,000 90,000
Basic EPS 0.16 0.22 0.12 0.19
Diluted EPS 0.16 0.22 0.12 0.19
Basic Average Shares 162.2M 142.7M 125.6M 121.9M
Diluted Average Shares 163.7M 144.1M 126.8M 135.5M
Total Unusual Items -2.8M 8.8M -4.8M 8.8M
Total Unusual Items Excluding Goodwill -2.8M 8.8M -4.8M 8.8M
Tax Rate For Calcs 0.29 0.27 0.34 0.28
Normalized Income 28.6M 25.3M 18.7M 17.2M
Diluted NI Availto Com Stockholders 26.6M 31.7M 15.6M 23.5M
Impairment Of Capital Assets 8.2M -91,000 7.6M -1.7M
Net Income Continuous Operations 26.6M 31.7M 15.6M 23.5M
Net Non Operating Interest Income Expense -18.1M -15.9M -12.0M -9.2M
Other Gand A 1.7M 1.9M 1.4M 1.2M
Salaries And Wages 4.9M 3.9M 3.4M 3.0M
Total Expenses 6.6M 5.8M 4.8M 4.2M
Total Operating Income As Reported 50.2M 50.8M 32.8M 34.8M
Total Other Finance Cost 953,000 903,000 2.4M 831,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 19.7M 4.0M 7.4M 8.9M
Cash Cash Equivalents And Short Term Investments 19.7M 4.0M 7.4M 8.9M
Cash Financial 19.7M 4.0M 7.4M 8.9M
Accounts Receivable 6.0M 5.8M 5.6M 4.9M
Receivables 6.0M 6.2M 5.6M 4.9M
Prepaid Assets -- -- 409,000 297,000
Other Current Assets 107,000 342,000 409,000 297,000
Current Assets 25.8M 12.8M 15.5M 14.2M
Gross PPE 615,000 711,000 801,000 897,000
Net PPE 615,000 711,000 801,000 897,000
Goodwill And Other Intangible Assets 510.1M 511.5M 398.6M 320.6M
Other Intangible Assets 510.1M 511.5M 398.6M 320.6M
Investments And Advances 40.9M 40.8M 42.3M 44.5M
Total Non Current Assets 553.2M 554.5M 442.9M 366.6M
Total Assets 579.0M 567.4M 458.4M 380.8M
Current Debt -- 16.7M -- 56.0M
Current Debt And Capital Lease Obligation -- 16.7M -- 56.0M
Accounts Payable 125,000 240,000 728,000 2.5M
Payables 4.2M 650,000 5.7M 4.7M
Payables And Accrued Expenses 5.2M 1.8M 6.9M 4.7M
Current Accrued Expenses 1.0M 1.2M 1.1M --
Other Current Liabilities 146,000 -- -- 984,000
Current Liabilities 5.7M 18.5M 6.9M 61.6M
Long Term Debt 259.8M 287.7M 199.0M 112.9M
Long Term Debt And Capital Lease Obligation 260.5M 288.4M 199.8M 113.7M
Long Term Capital Lease Obligation 635,000 706,000 770,000 829,000
Other Non Current Liabilities 1.1M 2.2M 3.7M 2.0M
Total Non Current Liabilities Net Minority Interest 284.5M 311.4M 217.7M 127.6M
Total Liabilities Net Minority Interest 290.2M 329.9M 224.6M 189.2M
Common Stock 319.5M 260.1M 253.1M 202.0M
Capital Stock 319.5M 260.1M 253.1M 202.0M
Additional Paid In Capital 40.9M 40.4M 39.8M 39.5M
Retained Earnings -81.7M -68.0M -65.3M -52.8M
Gains Losses Not Affecting Retained Earnings 5.0M -229,000 1.2M 0.00
Other Equity Adjustments 5.0M -229,000 1.2M --
Common Stock Equity 288.8M 237.4M 233.9M 191.5M
Stockholders Equity 288.8M 237.4M 233.9M 191.5M
Total Equity Gross Minority Interest 288.8M 237.4M 233.9M 191.5M
Total Capitalization 548.6M 525.1M 432.9M 304.4M
Net Tangible Assets -221.3M -274.1M -164.7M -129.1M
Tangible Book Value -221.3M -274.1M -164.7M -129.1M
Working Capital 20.1M -5.7M 8.7M -47.5M
Invested Capital 548.6M 541.9M 432.9M 360.4M
Total Debt 260.5M 305.2M 199.8M 169.7M
Net Debt 240.1M 300.4M 191.6M 159.9M
Share Issued 166.9M 143.9M 141.4M 122.6M
Ordinary Shares Number 166.9M 143.9M 141.4M 122.6M
Capital Lease Obligations 635,000 706,000 770,000 829,000
Derivative Product Liabilities 0.00 547,000 0.00 33,000
Dueto Related Parties Current 2.4M 0.00 2.8M --
Financial Assets 194,000 0.00 1.2M 647,000
Financial Assets Designatedas Fair Value Through Profitor Loss Total 40.9M 40.8M 42.3M 44.5M
Hedging Assets Current 0.00 2.3M 2.1M 0.00
Income Tax Payable 1.4M 0.00 1.5M 2.1M
Interest Payable 438,000 230,000 203,000 --
Investmentin Financial Assets 40.9M 40.8M 42.3M 44.5M
Line Of Credit -- 14.5M -- --
Non Current Accrued Expenses 84,000 0.00 -- --
Non Current Deferred Liabilities 22.9M 20.2M 14.2M 11.9M
Non Current Deferred Taxes Liabilities 22.9M 20.2M 14.2M 11.9M
Non Current Note Receivables 1.3M 1.5M 0.00 --
Other Current Borrowings -- 2.3M -- 56.0M
Other Equity Interest 5.1M 5.1M 5.1M 2.9M
Other Payable -- -- 399,000 --
Other Properties 615,000 711,000 801,000 897,000
Other Receivables 28,000 18,000 16,000 --
Pensionand Other Post Retirement Benefit Plans Current 261,000 0.00 336,000 --
Taxes Receivable 0.00 328,000 0.00 --
Total Tax Payable 1.7M 410,000 1.8M 2.1M
Treasury Shares Number -- 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 46.5M 30.8M 28.4M 27.8M
Cash Flow From Continuing Operating Activities 46.5M 30.8M 28.4M 27.8M
Depreciation And Amortization 103,000 100,000 100,000 90,000
Depreciation Amortization Depletion 103,000 100,000 100,000 90,000
Stock Based Compensation 2.2M 1.4M 1.2M 1.0M
Deferred Tax 10.9M 11.9M 7.9M 9.2M
Deferred Income Tax 10.9M 11.9M 7.9M 9.2M
Change In Working Capital -303,000 -3.6M -2.9M -1.3M
Changes In Account Receivables 268,000 -304,000 -669,000 -614,000
Change In Receivables 268,000 -304,000 -669,000 -614,000
Change In Payables And Accrued Expense -383,000 -2.7M -1.5M -632,000
Other Non Cash Items 18.2M 13.6M 12.2M 9.0M
Capital Expenditure -8,000 -77.2M -79.3M -17.0M
Purchase Of PPE -8,000 -10,000 -4,000 -244,000
Net PPE Purchase And Sale -8,000 -10,000 -4,000 -244,000
Investing Cash Flow -8,000 -77.2M -79.3M -17.0M
Cash Flow From Continuing Investing Activities -8,000 -77.2M -79.3M -17.0M
Issuance Of Debt 6.7M 89.3M 132.7M 11.4M
Repayment Of Debt -54.5M -15.5M -101.2M 0.00
Net Issuance Payments Of Debt -47.7M 73.8M 31.5M 11.4M
Issuance Of Capital Stock 51.0M 0.00 46.0M 0.00
Net Common Stock Issuance 51.0M 0.00 46.0M 0.00
Common Stock Dividend Paid -34.8M -30.1M -24.5M -22.1M
Financing Cash Flow -30.8M 43.1M 49.4M -11.1M
Cash Flow From Continuing Financing Activities -30.8M 43.1M 49.4M -11.1M
Effect Of Exchange Rate Changes -52,000 -22,000 32,000 0.00
Changes In Cash 15.7M -3.4M -1.6M -279,000
Beginning Cash Position 4.0M 7.4M 8.9M 9.2M
End Cash Position 19.7M 4.0M 7.4M 8.9M
Free Cash Flow 46.5M -46.4M -50.9M 10.9M
Asset Impairment Charge 8.2M -91,000 7.6M -1.7M
Cash Dividends Paid -34.8M -30.1M -24.5M -22.1M
Change In Prepaid Assets -188,000 -586,000 -761,000 -85,000
Common Stock Issuance 51.0M 0.00 46.0M 0.00
Depreciation 103,000 100,000 100,000 90,000
Dividend Paid Cfo -138,000 -164,000 -327,000 0.00
Dividend Received Cfo 5.2M 5.1M 5.0M 4.9M
Gain Loss On Investment Securities 138,000 164,000 -- --
Interest Paid Cfo -13.7M -13.2M -8.9M -7.3M
Interest Received Cfo 497,000 243,000 168,000 29,000
Long Term Debt Issuance 6.7M 89.3M 132.7M 11.4M
Long Term Debt Payments -54.5M -15.5M -101.2M 0.00
Net Foreign Currency Exchange Gain Loss -2,000 22,000 -- --
Net Income From Continuing Operations 26.6M 31.7M 15.6M 23.5M
Net Intangibles Purchase And Sale 0.00 -77.2M -79.3M -16.7M
Net Long Term Debt Issuance -47.7M 73.8M 31.5M 11.4M
Net Other Financing Charges -- -- -3.4M -374,000
Operating Gains Losses 136,000 186,000 -- --
Proceeds From Stock Option Exercised 806,000 -689,000 -238,000 -92,000
Purchase Of Intangibles 0.00 -77.2M -79.3M -16.7M
Taxes Refund Paid -6.0M -7.7M -6.3M -2.7M
Unrealized Gain Loss On Investment Securities -5.4M -8.7M -2.9M -6.9M
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