DMG Blockchain 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 | 11.4M | 11.6M | 12.6M | 11.6M | 5.9M | -- |
| Operating Revenue | 11.4M | 11.6M | 12.3M | 11.4M | 5.7M | -- |
| Cost Of Revenue | 717,547 | 959,326 | 798,041 | 749,542 | 749,189 | -- |
| Gross Profit | 10.7M | 10.7M | 11.8M | 10.9M | 5.1M | -- |
| Selling General And Administration | 568,142 | 1.7M | 1.8M | 1.5M | 1.4M | -- |
| General And Administrative Expense | 546,730 | 1.7M | 1.8M | 1.5M | 1.4M | -- |
| Research And Development | 659,780 | 487,309 | 608,448 | 553,964 | 597,962 | -- |
| Depreciation And Amortization In Income Statement | 4.3M | 4.5M | 4.3M | 4.3M | 5.8M | -- |
| Other Operating Expenses | 6.9M | 6.4M | 8.0M | 6.7M | 4.6M | -- |
| Operating Expense | 12.4M | 13.0M | 14.8M | 13.2M | 12.4M | -- |
| Operating Income | -1.7M | -2.4M | -2.9M | -2.3M | -7.3M | -- |
| EBIT | -3.3M | -56,454 | -3.0M | -2.6M | -8.1M | -- |
| Interest Expense | 186,746 | 324,700 | 308,101 | 465,788 | 298,549 | -- |
| Interest Expense Non Operating | 186,746 | 324,700 | 308,101 | 465,788 | 298,549 | -- |
| Interest Income | 179,234 | 174,705 | 166,648 | 164,302 | 124,268 | -- |
| Interest Income Non Operating | 179,234 | 174,705 | 166,648 | 164,302 | 124,268 | -- |
| Net Interest Income | -7,512 | -149,995 | -141,453 | -301,486 | -174,281 | -- |
| Other Income Expense | -1.7M | 2.2M | -269,695 | -493,904 | -933,188 | -- |
| Special Income Charges | -2.0M | -375,907 | -1,618 | 42,562 | -1.0M | -- |
| Write Off | -- | -- | -- | -42,562 | -- | -- |
| Gain On Sale Of Security | 283,332 | 2.5M | -268,077 | -536,466 | 86,272 | -- |
| Pretax Income | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Net Income From Continuing Operation Net Minority Interest | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Net Income Including Noncontrolling Interests | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Net Income Common Stockholders | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Net Income | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| EBITDA | 1.0M | 4.4M | 1.3M | 1.7M | -2.3M | -- |
| Normalized EBITDA | 2.7M | 2.3M | 1.5M | 2.2M | -1.4M | -- |
| Reconciled Depreciation | 4.3M | 4.5M | 4.3M | 4.3M | 5.8M | -- |
| Basic EPS | -- | 0.00 | -0.02 | -0.02 | -- | -0.02 |
| Diluted EPS | -- | 0.00 | -0.02 | -0.02 | -- | -0.02 |
| Basic Average Shares | -- | 203.2M | 203.2M | 185.8M | -- | 169.0M |
| Diluted Average Shares | -- | 203.2M | 203.2M | 185.8M | -- | 169.0M |
| Total Unusual Items | -1.7M | 2.2M | -269,695 | -493,904 | -933,188 | -- |
| Total Unusual Items Excluding Goodwill | -1.7M | 2.2M | -269,695 | -493,904 | -933,188 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -1.7M | -2.5M | -3.1M | -2.6M | -7.4M | -- |
| Depreciation Amortization Depletion Income Statement | 4.3M | 4.5M | 4.3M | 4.3M | 5.8M | -- |
| Depreciation Income Statement | 4.3M | 4.5M | 4.3M | 4.3M | 5.8M | -- |
| Diluted NI Availto Com Stockholders | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Gain On Sale Of Ppe | -2.0M | -375,907 | -1,618 | -- | 0.00 | 0.00 |
| Insurance And Claims | 85,140 | 63,674 | 78,491 | 37,375 | 37,879 | -- |
| Net Income Continuous Operations | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Net Non Operating Interest Income Expense | -7,512 | -149,995 | -141,453 | -301,486 | -174,281 | -- |
| Other Gand A | -266,123 | 855,047 | 985,393 | 813,925 | 809,210 | -- |
| Provision For Doubtful Accounts | 1,971 | -231.00 | -1,976 | -- | 7,952 | 2,628 |
| Reconciled Cost Of Revenue | 717,547 | 959,327 | 798,042 | 749,540 | 749,189 | -- |
| Salaries And Wages | 727,713 | 735,540 | 737,114 | 678,528 | 547,944 | -- |
| Selling And Marketing Expense | 21,412 | 17,434 | 15,038 | 10,336 | 32,954 | -- |
| Total Expenses | 13.1M | 14.0M | 15.6M | 13.9M | 13.2M | -- |
| Total Operating Income As Reported | -- | -- | -- | -2.5M | -- | -- |
| 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 | 1.7M | 2.0M | 804,771 | 4.3M | 1.7M | -- |
| Cash Cash Equivalents And Short Term Investments | 11.3M | 2.4M | 1.0M | 4.6M | 2.0M | -- |
| Other Short Term Investments | 9.6M | 394,718 | 231,944 | 359,833 | 316,803 | -- |
| Accounts Receivable | 230,415 | 156,489 | 156,961 | 222,199 | 295,336 | -- |
| Receivables | 4.0M | 4.0M | 3.9M | 4.8M | 4.9M | -- |
| Other Current Assets | 54.8M | 51.2M | 54.5M | 54.3M | 34.7M | -- |
| Current Assets | 70.1M | 66.7M | 66.6M | 69.3M | 41.6M | -- |
| Gross PPE | 125.2M | 129.7M | 124.0M | 99.7M | 119.3M | -- |
| Accumulated Depreciation | -71.7M | -78.4M | -73.9M | -69.6M | -65.3M | -- |
| Net PPE | 53.5M | 51.2M | 50.1M | 30.1M | 54.0M | -- |
| Goodwill And Other Intangible Assets | 1.2M | 276,040 | 276,040 | 276,040 | 0.00 | -- |
| Other Intangible Assets | 1.2M | -- | -- | -- | -- | -- |
| Investments And Advances | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | -- |
| Other Investments | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | -- |
| Total Non Current Assets | 61.9M | 66.8M | 62.9M | 47.7M | 62.3M | -- |
| Total Assets | 132.0M | 133.6M | 129.5M | 137.1M | 103.9M | -- |
| Current Debt | 10.9M | 12.7M | 20.4M | 20.0M | 13.9M | -- |
| Current Debt And Capital Lease Obligation | 11.0M | 12.8M | 20.5M | 20.1M | 14.0M | -- |
| Accounts Payable | 6.2M | 6.1M | 4.9M | 3.6M | 5.0M | -- |
| Payables | 6.2M | 6.2M | 4.9M | 3.6M | 5.0M | -- |
| Payables And Accrued Expenses | 6.4M | 6.3M | 5.0M | 3.7M | 5.2M | -- |
| Current Accrued Expenses | 136,374 | 136,374 | 143,450 | 136,374 | 145,826 | -- |
| Current Deferred Revenue | 7,076 | 50,871 | 113.00 | 14,431 | 7,076 | -- |
| Current Liabilities | 17.4M | 19.2M | 25.5M | 23.8M | 19.2M | -- |
| Long Term Debt And Capital Lease Obligation | 78,296 | 107,367 | 131,012 | 41,534 | 51,842 | -- |
| Long Term Capital Lease Obligation | 78,296 | 107,367 | 131,012 | 41,534 | 51,842 | -- |
| Total Non Current Liabilities Net Minority Interest | 78,296 | 107,367 | 131,012 | 41,534 | 51,842 | -- |
| Total Liabilities Net Minority Interest | 17.4M | 19.3M | 25.7M | 23.9M | 19.2M | -- |
| Common Stock | 121.2M | 120.3M | 120.3M | 120.3M | 113.1M | -- |
| Capital Stock | 121.2M | 120.3M | 120.3M | 120.3M | 113.1M | -- |
| Retained Earnings | -95.0M | -91.6M | -91.2M | -87.8M | -84.7M | -- |
| Gains Losses Not Affecting Retained Earnings | 32.1M | 29.0M | 18.9M | 25.7M | 10.4M | -- |
| Other Equity Adjustments | 32.1M | 29.0M | 18.9M | 25.7M | 10.4M | -- |
| Common Stock Equity | 114.6M | 114.3M | 103.8M | 113.3M | 84.7M | -- |
| Stockholders Equity | 114.6M | 114.3M | 103.8M | 113.3M | 84.7M | -- |
| Total Equity Gross Minority Interest | 114.6M | 114.3M | 103.8M | 113.3M | 84.7M | -- |
| Total Capitalization | 114.6M | 114.3M | 103.8M | 113.3M | 84.7M | -- |
| Net Tangible Assets | 113.4M | 114.0M | 103.6M | 113.0M | 84.7M | -- |
| Tangible Book Value | 113.4M | 114.0M | 103.6M | 113.0M | 84.7M | -- |
| Working Capital | 52.8M | 47.5M | 41.0M | 45.5M | 22.4M | -- |
| Invested Capital | 125.5M | 127.0M | 124.3M | 133.3M | 98.6M | -- |
| Total Debt | 11.1M | 12.9M | 20.7M | 20.1M | 14.0M | -- |
| Net Debt | 9.2M | 10.7M | 19.6M | 15.7M | 12.2M | -- |
| Share Issued | 205.1M | 203.2M | 203.2M | 203.2M | 170.5M | -- |
| Ordinary Shares Number | 205.1M | 203.2M | 203.2M | 203.2M | 170.5M | -- |
| Assets Held For Sale Current | 30,408 | 30,408 | 30,408 | -- | 0.00 | 0.00 |
| Capital Lease Obligations | 184,915 | 209,963 | 230,653 | 81,605 | 95,325 | -- |
| Construction In Progress | 11.4M | 3.1M | 3.7M | 2.7M | 4.8M | -- |
| Current Capital Lease Obligation | 106,619 | 102,596 | 99,641 | 40,071 | 43,483 | -- |
| Current Deferred Liabilities | 7,076 | 50,871 | 113.00 | 14,431 | 7,076 | -- |
| Interest Payable | 0.00 | 0.00 | 7,076 | 0.00 | 9,452 | -- |
| Land And Improvements | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M | -- |
| Machinery Furniture Equipment | 89.3M | 102.3M | 96.3M | 73.4M | 93.4M | -- |
| Non Current Accounts Receivable | 7.1M | 6.9M | 6.7M | 6.6M | 6.4M | -- |
| Non Current Prepaid Assets | 58,071 | 8.4M | 5.8M | 10.7M | 1.9M | -- |
| Other Current Borrowings | 10.9M | 12.7M | 20.4M | 20.0M | 13.9M | -- |
| Other Equity Interest | 56.3M | 56.5M | 55.8M | 55.0M | 45.9M | -- |
| Other Properties | 22.1M | 22.0M | 21.6M | 21.2M | 18.7M | -- |
| Other Receivables | 1.9M | 1.7M | 1.7M | 1.5M | 1.7M | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Receivables Adjustments Allowances | -55,430 | -53,459 | -53,690 | -55,666 | -60,409 | -- |
| Restricted Cash | -- | 9.1M | 7.1M | 5.5M | -- | -- |
| Taxes Receivable | 2.0M | 2.1M | 2.1M | 3.2M | 3.0M | -- |
| Total Tax Payable | 28,869 | 30,700 | 28,905 | 29,085 | 41,137 | -- |
| 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 | 1.9M | 18.0M | -984,018 | -2.7M | 1.3M | -- |
| Cash Flow From Continuing Operating Activities | 1.9M | 18.0M | -984,018 | -2.7M | 1.3M | -- |
| Depreciation And Amortization | 4.3M | 4.5M | 4.3M | 4.3M | 5.8M | -- |
| Depreciation Amortization Depletion | 4.3M | 4.5M | 4.3M | 4.3M | 5.8M | -- |
| Stock Based Compensation | 727,713 | 735,540 | 737,114 | 678,528 | 547,944 | -- |
| Deferred Tax | 350,103 | 171,905 | 668,685 | 307,739 | 250,031 | -- |
| Deferred Income Tax | 350,103 | 171,905 | 668,685 | 307,739 | 250,031 | -- |
| Change In Working Capital | -1.5M | 110,703 | 3.2M | -1.7M | -145,825 | -- |
| Change In Receivables | -425,445 | -247,139 | 245,595 | -101,051 | -628,195 | -- |
| Change In Payables And Accrued Expense | 216,081 | 1.1M | 1.4M | -1.5M | 470,333 | -- |
| Change In Payable | 216,081 | 1.1M | 1.4M | -1.5M | 470,333 | -- |
| Change In Other Working Capital | -- | 43,682 | -7,242 | 7,355 | -24,181 | -39,531 |
| Other Non Cash Items | -50.1M | 27.5M | -19.2M | -3.8M | -31.3M | -- |
| Capital Expenditure | -626,178 | -7.6M | -2.2M | -10.2M | -616,142 | -- |
| Purchase Of PPE | 279,196 | -7.6M | -2.2M | -9.9M | -616,142 | -- |
| Net PPE Purchase And Sale | 279,196 | -7.6M | -2.2M | -9.9M | -595,700 | -- |
| Purchase Of Investment | 0.00 | -2.0M | -1.6M | -5.5M | 0.00 | -- |
| Net Investment Purchase And Sale | 0.00 | -2.0M | -1.6M | -5.5M | 0.00 | -- |
| Investing Cash Flow | -20,616 | -9.6M | -2.5M | -15.2M | -790,138 | -- |
| Cash Flow From Continuing Investing Activities | -20,616 | -9.6M | -2.5M | -15.2M | -790,138 | -- |
| Issuance Of Debt | 2.4M | 0.00 | 0.00 | 5.8M | 0.00 | -- |
| Repayment Of Debt | -4.6M | -7.2M | -22,240 | -1.0M | -13,365 | -- |
| Net Issuance Payments Of Debt | -2.2M | -7.2M | -22,240 | 4.8M | -13,365 | -- |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | 17.3M | -- | 0.00 |
| Net Common Stock Issuance | 0.00 | 0.00 | 0.00 | 17.3M | -- | 0.00 |
| Financing Cash Flow | -2.2M | -7.2M | -22,240 | 20.6M | 247,814 | -- |
| Cash Flow From Continuing Financing Activities | -2.2M | -7.2M | -22,240 | 20.6M | 247,814 | -- |
| Effect Of Exchange Rate Changes | -3.00 | -302.00 | -18.00 | 501.00 | -104.00 | -- |
| Changes In Cash | -340,440 | 1.2M | -3.5M | 2.6M | 802,042 | -- |
| Beginning Cash Position | 2.0M | 804,771 | 4.3M | 1.7M | 877,122 | -- |
| End Cash Position | 1.7M | 2.0M | 804,771 | 4.3M | 1.7M | -- |
| Free Cash Flow | 1.3M | 10.4M | -3.2M | -12.9M | 728,224 | -- |
| Interest Paid Supplemental Data | 192,782 | 1.7M | -54,178 | 63,630 | -- | 29,617 |
| Asset Impairment Charge | 1,971 | -231.00 | 35,843 | -42,562 | 947,846 | -- |
| Change In Prepaid Assets | -1.2M | -816,178 | 1.5M | -65,745 | 36,218 | -- |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | 17.3M | -- | 0.00 |
| Depreciation | 4.3M | 4.5M | 4.3M | 4.3M | 5.8M | -- |
| Gain Loss On Investment Securities | 51.5M | -- | -- | -301,809 | 36.5M | -- |
| Gain Loss On Sale Of PPE | -- | 24.9M | -- | -- | -- | 6.2M |
| Long Term Debt Payments | -12.8M | -27,724 | -22,240 | -15,356 | -15,033 | -- |
| Net Foreign Currency Exchange Gain Loss | 180,225 | -910,398 | -15,938 | 926,984 | -168,212 | -- |
| Net Income From Continuing Operations | -3.4M | -381,154 | -3.3M | -3.1M | -8.4M | -- |
| Net Intangibles Purchase And Sale | -905,374 | 0.00 | 0.00 | -276,040 | -- | 0.00 |
| Net Long Term Debt Issuance | -4.5M | -27,724 | -22,240 | -15,356 | 12.1M | -- |
| Net Other Financing Charges | 0.00 | 0.00 | 0.00 | -1.6M | -- | -- |
| Net Other Investing Changes | 605,562 | 0.00 | 1.3M | 457,325 | -- | -- |
| Net Short Term Debt Issuance | -- | -7.1M | 0.00 | 4.8M | -- | 1.4M |
| Operating Gains Losses | 51.6M | 24.3M | 12.5M | 625,175 | 34.1M | -- |
| Proceeds From Stock Option Exercised | 0.00 | 0.00 | 0.00 | 60,913 | 261,179 | -- |
| Purchase Of Intangibles | -905,374 | 0.00 | 0.00 | -276,040 | -- | 0.00 |
| Sale Of PPE | -- | -- | -- | -- | 20,442 | 0.00 |
| Short Term Debt Issuance | -- | 0.00 | 0.00 | 5.8M | -- | 1.4M |
| Short Term Debt Payments | -- | -7.1M | 0.00 | -1.0M | -- | 0.00 |
| Unrealized Gain Loss On Investment Securities | -18,806 | -162,775 | 90,071 | -71,113 | -518,016 | -- |