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ADF Group Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Jan 31, 2025 FY 2024Jan 31, 2024 FY 2023Jan 31, 2023 FY 2022Jan 31, 2022
Total Revenue 339.6M 331.0M 250.9M 280.7M
Operating Revenue 339.6M 331.0M 250.9M 280.7M
Cost Of Revenue 232.4M 258.1M 215.3M 256.0M
Gross Profit 107.2M 72.9M 35.6M 24.7M
Selling General And Administration 22.1M 22.8M 14.8M 12.0M
Operating Expense 22.1M 22.8M 14.8M 12.0M
Operating Income 85.1M 50.1M 20.8M 12.7M
EBIT 81.7M 50.0M 18.8M 12.1M
Interest Expense 3.3M 3.6M 2.0M 1.1M
Interest Expense Non Operating 3.3M 3.6M 2.0M 1.1M
Interest Income 2.6M 1.4M -- --
Interest Income Non Operating 2.6M 1.4M -- --
Net Interest Income -1.1M -2.6M -2.0M -1.2M
Other Income Expense -5.6M -1.2M -1.9M -472,000
Gain On Sale Of Security -5.6M -1.2M -1.9M -472,000
Pretax Income 78.4M 46.4M 16.9M 11.1M
Tax Provision 21.6M 8.8M 1.9M 1.5M
Tax Effect Of Unusual Items -1.5M -219,572 -221,308 -63,720
Net Income From Continuing And Discontinued Operation 56.8M 37.6M 14.9M 9.6M
Net Income From Continuing Operation Net Minority Interest 56.8M 37.6M 14.9M 9.6M
Net Income Including Noncontrolling Interests 56.8M 37.6M 14.9M 9.6M
Net Income Common Stockholders 56.8M 37.6M 14.9M 9.6M
Net Income 56.8M 37.6M 14.9M 9.6M
EBITDA 87.9M 55.8M 24.2M 17.2M
Normalized EBITDA 93.5M 57.0M 26.1M 17.6M
Reconciled Depreciation 6.2M 5.8M 5.3M 5.1M
Basic EPS 1.84 1.15 0.46 0.29
Diluted EPS 1.84 1.15 0.46 0.29
Basic Average Shares 30.9M 32.6M 32.6M 32.6M
Diluted Average Shares 30.9M 32.6M 32.6M 32.6M
Total Unusual Items -5.6M -1.2M -1.9M -472,000
Total Unusual Items Excluding Goodwill -5.6M -1.2M -1.9M -472,000
Tax Rate For Calcs 0.28 0.19 0.11 0.14
Normalized Income 60.9M 38.6M 16.7M 10.0M
Diluted NI Availto Com Stockholders 56.8M 37.6M 14.9M 9.6M
Net Income Continuous Operations 56.8M 37.6M 14.9M 9.6M
Net Non Operating Interest Income Expense -1.1M -2.6M -2.0M -1.2M
Reconciled Cost Of Revenue 232.4M 258.1M 215.3M 256.0M
Total Expenses 254.5M 280.9M 230.1M 268.0M
Total Other Finance Cost 389,000 323,000 22,000 116,000
Line Item FY 2025Jan 31, 2025 FY 2024Jan 31, 2024 FY 2023Jan 31, 2023 FY 2022Jan 31, 2022
Cash And Cash Equivalents 60.0M 72.4M 7.2M 7.1M
Cash Cash Equivalents And Short Term Investments 60.0M 72.4M 7.2M 7.1M
Accounts Receivable 68.0M 63.1M 75.8M 26.4M
Receivables 112.8M 125.9M 134.2M 72.0M
Inventory 13.5M 13.5M 10.7M 9.7M
Prepaid Assets -- -- -- 2.3M
Other Current Assets 3.3M 3.7M 2.3M 2.3M
Current Assets 189.6M 215.6M 154.4M 91.1M
Gross PPE 185.6M 172.8M 173.0M 162.7M
Accumulated Depreciation -71.6M -65.0M -60.7M -57.5M
Net PPE 114.0M 107.8M 112.2M 105.2M
Goodwill And Other Intangible Assets 4.3M 3.9M 3.6M 3.4M
Other Intangible Assets 4.3M 3.9M 3.6M 3.4M
Other Non Current Assets -- 1.1M 1.4M 1.4M
Total Non Current Assets 118.3M 113.0M 117.2M 109.9M
Total Assets 307.9M 328.6M 271.6M 201.1M
Current Debt And Capital Lease Obligation 5.0M 3.9M 3.1M 4.2M
Accounts Payable 21.0M 24.4M 18.8M 14.8M
Payables 29.2M 26.0M 22.9M 16.3M
Payables And Accrued Expenses 50.0M 49.6M 38.7M 33.4M
Current Accrued Expenses 20.8M 23.6M 15.8M 17.2M
Current Deferred Revenue 11.5M 46.2M 44.5M 13.8M
Other Current Liabilities 7.2M -- 964,000 --
Current Liabilities 80.4M 105.5M 88.8M 52.4M
Long Term Debt 38.2M 42.1M 44.9M 28.7M
Long Term Debt And Capital Lease Obligation 40.6M 45.0M 48.5M 32.5M
Long Term Capital Lease Obligation 2.4M 2.8M 3.5M 3.8M
Other Non Current Liabilities 135,000 146,000 156,000 166,000
Total Non Current Liabilities Net Minority Interest 58.2M 61.0M 57.9M 40.2M
Total Liabilities Net Minority Interest 138.6M 166.5M 146.6M 92.6M
Common Stock 61.8M 68.1M 68.1M 68.1M
Capital Stock 61.8M 68.1M 68.1M 68.1M
Additional Paid In Capital 6.2M 6.4M 6.4M 6.4M
Retained Earnings 85.8M 79.3M 42.3M 28.0M
Gains Losses Not Affecting Retained Earnings 15.5M 8.3M 8.1M 5.9M
Other Equity Adjustments 15.5M 8.3M 8.1M 5.9M
Common Stock Equity 169.3M 162.1M 125.0M 108.5M
Stockholders Equity 169.3M 162.1M 125.0M 108.5M
Total Equity Gross Minority Interest 169.3M 162.1M 125.0M 108.5M
Total Capitalization 207.5M 204.3M 169.9M 137.2M
Net Tangible Assets 165.0M 158.2M 121.3M 105.1M
Tangible Book Value 165.0M 158.2M 121.3M 105.1M
Working Capital 109.2M 110.1M 65.6M 38.7M
Invested Capital 207.5M 204.3M 169.9M 137.2M
Total Debt 45.6M 48.8M 51.5M 36.7M
Net Debt -- -- 37.7M 21.6M
Share Issued 29.2M 32.6M 32.6M 32.6M
Ordinary Shares Number 29.2M 32.6M 32.6M 32.6M
Buildings And Improvements 102.2M 94.5M 92.0M 86.2M
Capital Lease Obligations 3.2M 3.7M 4.3M 4.6M
Current Capital Lease Obligation 821,000 827,000 806,000 841,000
Current Deferred Liabilities 11.5M 46.2M 44.5M 13.8M
Income Tax Payable 6.5M 0.00 235,000 0.00
Inventories Adjustments Allowances -1.8M -1.6M -618,000 -590,000
Land And Improvements 8.2M 7.9M 7.9M 7.3M
Leases -- -- 0.00 603,000
Machinery Furniture Equipment 11.1M 10.1M 10.1M 9.2M
Non Current Deferred Assets 0.00 266,000 0.00 --
Non Current Deferred Liabilities 17.4M 15.9M 9.2M 7.6M
Non Current Deferred Taxes Assets 0.00 266,000 0.00 --
Non Current Deferred Taxes Liabilities 17.4M 15.9M 9.2M 7.6M
Other Inventories 15.3M 15.1M 11.3M 10.3M
Other Properties 64.1M 60.3M 63.0M 59.3M
Other Receivables 42.4M 59.6M 57.7M 44.0M
Pensionand Other Post Retirement Benefit Plans Current 6.7M 5.8M 1.5M 1.0M
Taxes Receivable 2.4M 3.2M 714,000 1.5M
Total Tax Payable 8.2M 1.5M 4.1M 1.5M
Line Item FY 2025Jan 31, 2025 FY 2024Jan 31, 2024 FY 2023Jan 31, 2023 FY 2022Jan 31, 2022
Operating Cash Flow 55.1M 77.9M -2.6M 2.7M
Cash Flow From Continuing Operating Activities 55.1M 77.9M -2.6M 2.7M
Depreciation And Amortization 6.2M 5.8M 5.3M 5.1M
Depreciation Amortization Depletion 6.2M 5.8M 5.3M 5.1M
Stock Based Compensation 1.4M 4.6M 724,000 361,000
Deferred Tax 20.0M 8.8M 1.9M 1.5M
Deferred Income Tax 20.0M 8.8M 1.9M 1.5M
Change In Working Capital -24.9M 19.2M -25.9M -12.5M
Changes In Account Receivables 159,000 13.6M -48.6M 20.3M
Change In Receivables 20.4M 11.4M -60.7M -757,000
Change In Inventory 456,000 -2.8M -550,000 -2.7M
Change In Payables And Accrued Expense -9.4M 10.7M 5.5M -2.0M
Change In Payable -9.4M 10.7M 5.5M -2.0M
Change In Other Working Capital -36.4M 1.1M 29.8M -9.4M
Other Non Cash Items 3.3M 3.4M 469,000 1.0M
Capital Expenditure -9.1M -6.5M -12.2M -22.1M
Purchase Of PPE -8.3M -5.8M -11.5M -21.5M
Net PPE Purchase And Sale -8.3M -5.8M -11.5M -21.5M
Investing Cash Flow -8.7M -6.3M -12.1M -22.0M
Cash Flow From Continuing Investing Activities -8.7M -6.3M -12.1M -22.0M
Issuance Of Debt -- 0.00 20.0M 30.0M
Repayment Of Debt -3.8M -3.0M -3.0M -18.8M
Net Issuance Payments Of Debt -3.8M -3.0M 17.0M 11.2M
Repurchase Of Capital Stock -54.6M 0.00 -- --
Net Common Stock Issuance -54.6M 0.00 -- --
Common Stock Dividend Paid -- -- -- -653,000
Common Stock Payments -54.6M 0.00 -- --
Financing Cash Flow -62.1M -6.7M 14.2M 9.2M
Cash Flow From Continuing Financing Activities -62.1M -6.7M 14.2M 9.2M
Effect Of Exchange Rate Changes 3.3M 280,000 599,000 -558,000
Changes In Cash -15.7M 64.9M -536,000 -10.1M
Beginning Cash Position 72.4M 7.2M 7.1M 17.8M
End Cash Position 60.0M 72.4M 7.2M 7.1M
Free Cash Flow 46.0M 71.4M -14.8M -19.4M
Amortization Cash Flow 498,000 435,000 370,000 498,000
Amortization Of Intangibles 498,000 435,000 370,000 498,000
Cash Dividends Paid -924,000 -653,000 -653,000 -653,000
Change In Account Payable -9.4M 10.7M 5.5M -2.0M
Change In Prepaid Assets 118,000 -1.2M 103,000 2.4M
Depreciation 5.7M 5.4M 5.0M 4.6M
Gain Loss On Investment Securities 7.4M -1.2M 968,000 513,000
Gain Loss On Sale Of PPE -- -31,000 -802,000 -2.1M
Interest Paid Cff -2.8M -3.1M -2.2M -988,000
Long Term Debt Issuance -- 0.00 20.0M 30.0M
Long Term Debt Payments -3.8M -3.0M -3.0M -18.8M
Net Foreign Currency Exchange Gain Loss -5.3M -176,000 -1.2M 705,000
Net Income From Continuing Operations 56.8M 37.6M 14.9M 9.6M
Net Intangibles Purchase And Sale -810,000 -720,000 -698,000 -589,000
Net Long Term Debt Issuance -3.8M -3.0M 17.0M 11.2M
Net Other Financing Charges -- -- 7,000 -316,000
Net Other Investing Changes 384,000 222,000 80,000 77,000
Net Short Term Debt Issuance -- -- -- 0.00
Operating Gains Losses 2.1M -1.3M -992,000 -893,000
Purchase Of Intangibles -810,000 -720,000 -698,000 -589,000
Short Term Debt Payments -- -- -- 0.00
Taxes Refund Paid -9.9M -93,000 860,000 -1.4M
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