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ADF Group Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Total Revenue 71.4M 53.0M 55.5M 77.4M 80.0M
Operating Revenue 71.4M 53.0M 55.5M 77.4M 80.0M
Cost Of Revenue 51.7M 42.1M 43.3M 53.4M 55.6M
Gross Profit 19.7M 11.0M 12.2M 24.0M 24.3M
Selling General And Administration 3.1M 8.8M 3.0M 6.4M 1.8M
Depreciation And Amortization In Income Statement -- -- 357,000 -- --
Operating Expense 3.1M 8.8M 3.4M 6.4M 1.8M
Operating Income 16.6M 2.1M 8.8M 17.6M 22.5M
EBIT 14.5M 1.3M 11.7M 15.5M 22.0M
Interest Expense 332,000 74,000 17,000 2.4M 244,000
Interest Expense Non Operating 332,000 74,000 17,000 2.4M 244,000
Net Interest Income -332,000 -74,000 -17,000 -206,000 -244,000
Other Income Expense -2.1M -827,000 2.9M -4.3M -462,000
Special Income Charges -1.4M -- -- -- --
Restructuring And Mergern Acquisition 1.4M -- -- -- --
Gain On Sale Of Security -705,000 -827,000 2.9M -4.3M -462,000
Pretax Income 14.2M 1.2M 11.7M 13.1M 21.8M
Tax Provision 3.9M 340,000 3.0M 4.0M 5.4M
Tax Effect Of Unusual Items -571,045 -227,425 750,465 -1.3M -113,618
Net Income From Continuing And Discontinued Operation 10.3M 898,000 8.7M 9.1M 16.4M
Net Income From Continuing Operation Net Minority Interest 10.3M 898,000 8.7M 9.1M 16.4M
Net Income Including Noncontrolling Interests 10.3M 898,000 8.7M 9.1M 16.4M
Net Income Common Stockholders 10.3M 898,000 8.7M 9.1M 16.4M
Net Income 10.3M 898,000 8.7M 9.1M 16.4M
EBITDA 16.3M 2.9M 13.3M 17.1M 23.6M
Normalized EBITDA 18.4M 3.7M 10.4M 21.4M 24.0M
Reconciled Depreciation 1.7M 1.6M 1.6M 1.6M 1.5M
Basic EPS 0.36 0.03 0.30 -- 0.55
Diluted EPS 0.36 0.03 0.30 -- 0.55
Basic Average Shares 28.7M 28.4M 28.8M -- 29.9M
Diluted Average Shares 28.7M 28.4M 28.8M -- 29.9M
Total Unusual Items -2.1M -827,000 2.9M -4.3M -462,000
Total Unusual Items Excluding Goodwill -2.1M -827,000 2.9M -4.3M -462,000
Tax Rate For Calcs 0.27 0.28 0.26 0.31 0.25
Normalized Income 11.8M 1.5M 6.6M 12.1M 16.8M
Depreciation Amortization Depletion Income Statement -- -- 357,000 -- --
Depreciation Income Statement -- -- 357,000 -- --
Diluted NI Availto Com Stockholders 10.3M 898,000 8.7M 9.1M 16.4M
Net Income Continuous Operations 10.3M 898,000 8.7M 9.1M 16.4M
Net Non Operating Interest Income Expense -332,000 -74,000 -17,000 -206,000 -244,000
Reconciled Cost Of Revenue 51.7M 42.1M 42.1M 53.4M 55.6M
Total Expenses 54.8M 50.9M 46.7M 59.8M 57.5M
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Cash And Cash Equivalents 32.7M 50.9M 75.3M 60.0M 65.5M
Cash Cash Equivalents And Short Term Investments 32.7M 50.9M 75.3M 60.0M 65.5M
Accounts Receivable 85.9M 84.2M 56.2M 68.0M 78.8M
Receivables 122.4M 115.9M 91.5M 112.8M 109.1M
Inventory 19.2M 18.3M 14.1M 13.5M 12.4M
Other Current Assets 6.9M 5.6M 2.8M 3.3M 4.5M
Current Assets 181.2M 190.8M 183.6M 189.6M 191.4M
Gross PPE 129.1M 110.5M 111.3M 185.6M 112.1M
Accumulated Depreciation -- -- -- -71.6M --
Net PPE 129.1M 110.5M 111.3M 114.0M 112.1M
Goodwill 254,000 -- -- -- --
Goodwill And Other Intangible Assets 7.2M 5.5M 4.7M 4.3M 4.1M
Other Intangible Assets 6.9M -- -- 4.3M --
Other Non Current Assets 140,000 -- -- -- 10,000
Total Non Current Assets 136.4M 115.9M 115.9M 118.3M 116.2M
Total Assets 317.7M 306.8M 299.5M 307.9M 307.6M
Current Debt 4.3M -- -- -- 3.9M
Current Debt And Capital Lease Obligation 5.2M 5.1M 5.2M 5.0M 4.7M
Accounts Payable 57.3M 52.9M 50.6M 21.0M 57.9M
Payables 57.3M 54.9M 59.8M 29.2M 63.4M
Payables And Accrued Expenses 57.3M 54.9M 59.8M 50.0M 63.4M
Current Accrued Expenses -- -- -- 20.8M --
Current Deferred Revenue 17.0M 25.3M 10.0M 11.5M 15.4M
Other Current Liabilities 406,000 49,000 -- 7.2M 2.5M
Current Liabilities 79.8M 85.3M 74.9M 80.4M 86.1M
Long Term Debt 35.2M 36.2M 37.2M 38.2M 39.2M
Long Term Debt And Capital Lease Obligation 37.6M 38.4M 39.4M 40.6M 41.7M
Long Term Capital Lease Obligation 2.3M 2.2M 2.1M 2.4M 2.5M
Other Non Current Liabilities 128,000 130,000 133,000 135,000 138,000
Total Non Current Liabilities Net Minority Interest 56.6M 55.4M 57.1M 58.2M 58.8M
Total Liabilities Net Minority Interest 136.5M 140.7M 132.1M 138.6M 144.9M
Common Stock 62.8M 58.8M 59.8M 61.8M 63.8M
Capital Stock 62.8M 58.8M 59.8M 61.8M 63.8M
Additional Paid In Capital 6.0M 6.0M 6.0M 6.2M 6.3M
Retained Earnings 100.0M 90.2M 90.8M 85.8M 81.2M
Gains Losses Not Affecting Retained Earnings 12.4M 11.0M 10.8M 15.5M 11.5M
Other Equity Adjustments 12.4M 11.0M 10.8M 15.5M 11.5M
Common Stock Equity 181.2M 166.0M 167.5M 169.3M 162.7M
Stockholders Equity 181.2M 166.0M 167.5M 169.3M 162.7M
Total Equity Gross Minority Interest 181.2M 166.0M 167.5M 169.3M 162.7M
Total Capitalization 216.4M 202.2M 204.7M 207.5M 202.0M
Net Tangible Assets 174.0M 160.6M 162.8M 165.0M 158.6M
Tangible Book Value 174.0M 160.6M 162.8M 165.0M 158.6M
Working Capital 101.4M 105.5M 108.6M 109.2M 105.4M
Invested Capital 220.7M 202.2M 204.7M 207.5M 205.9M
Total Debt 42.7M 43.5M 44.5M 45.6M 46.4M
Net Debt 6.8M -- -- -- --
Share Issued 28.6M 28.1M 28.5M 29.2M 29.9M
Ordinary Shares Number 28.6M 28.1M 28.5M 29.2M 29.9M
Buildings And Improvements -- -- -- 102.2M --
Capital Lease Obligations 3.2M 3.0M 3.0M 3.2M 3.3M
Current Capital Lease Obligation 896,000 824,000 905,000 821,000 788,000
Current Deferred Liabilities 17.0M 25.3M 10.0M 11.5M 15.4M
Income Tax Payable 0.00 -- -- 6.5M --
Inventories Adjustments Allowances -- -- -- -1.8M --
Land And Improvements -- -- -- 8.2M --
Machinery Furniture Equipment -- -- -- 11.1M --
Non Current Deferred Assets -- -- -- 0.00 0.00
Non Current Deferred Liabilities 18.9M 16.9M 17.6M 17.4M 17.0M
Non Current Deferred Taxes Assets -- -- -- 0.00 0.00
Non Current Deferred Taxes Liabilities 18.9M 16.9M 17.6M 17.4M 17.0M
Other Current Borrowings 4.3M -- -- -- 3.9M
Other Inventories -- -- -- 15.3M --
Other Properties 129.1M 110.5M 111.3M 64.1M 112.1M
Other Receivables 31.3M 27.8M 32.9M 42.4M 29.3M
Pensionand Other Post Retirement Benefit Plans Current -- -- -- 6.7M --
Taxes Receivable 5.1M 4.0M 2.4M 2.4M 1.1M
Total Tax Payable 0.00 2.0M 9.2M 8.2M 5.5M
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Operating Cash Flow 6.0M -18.2M 25.3M 1.8M -6.8M
Cash Flow From Continuing Operating Activities 6.0M -18.2M 25.3M 1.8M -6.8M
Depreciation And Amortization 1.7M 1.6M 1.6M 1.6M 1.5M
Depreciation Amortization Depletion 1.7M 1.6M 1.6M 1.6M 1.5M
Stock Based Compensation -1.7M 3.1M -1.9M -1.0M -2.2M
Deferred Tax 3.1M 340,000 3.0M 4.0M 3.8M
Deferred Income Tax 3.1M 340,000 3.0M 4.0M 3.8M
Change In Working Capital -2.4M -14.9M 18.2M -10.5M -23.5M
Changes In Account Receivables 6.9M -27.6M 25.0M -1.9M -27.5M
Change In Receivables 10.8M -22.5M 17.6M 1.7M -31.5M
Change In Inventory 2.5M -4.3M -788,000 -907,000 1.6M
Change In Payables And Accrued Expense -2.1M -209,000 1.9M -7.9M 5.8M
Change In Payable -2.1M -209,000 1.9M -7.9M 5.8M
Change In Other Working Capital -13.4M 15.0M -928,000 -4.7M -263,000
Other Non Cash Items 592,000 617,000 656,000 468,000 873,000
Capital Expenditure -5.7M -1.5M -1.6M -1.4M -1.7M
Purchase Of PPE -4.4M -541,000 -1.0M -1.2M -1.4M
Net PPE Purchase And Sale -4.4M -541,000 -1.0M -1.2M -1.4M
Purchase Of Business -16.4M -- -- -- 0.00
Investing Cash Flow -22.2M -1.3M -1.5M -1.4M -1.7M
Cash Flow From Continuing Investing Activities -22.2M -1.3M -1.5M -1.4M -1.7M
Repayment Of Debt -1.3M -1.2M -1.2M 47.4M -965,000
Net Issuance Payments Of Debt -1.3M -1.2M -1.2M 47.4M -965,000
Repurchase Of Capital Stock -- -2.6M -5.1M -- -100,000
Net Common Stock Issuance -- -2.6M -5.1M -- -100,000
Common Stock Dividend Paid -571,000 -- -- -- -598,000
Common Stock Payments -- -2.6M -5.1M -- -100,000
Financing Cash Flow -2.3M -4.9M -6.8M -7.6M -2.4M
Cash Flow From Continuing Financing Activities -2.3M -4.9M -6.8M -7.6M -2.4M
Effect Of Exchange Rate Changes 275,000 113,000 -1.8M 1.7M 294,000
Changes In Cash -18.5M -24.4M 17.1M -7.2M -10.8M
Beginning Cash Position 50.9M 75.3M 60.0M 65.5M 76.0M
End Cash Position 32.7M 50.9M 75.3M 60.0M 65.5M
Free Cash Flow 340,000 -19.7M 23.8M 313,000 -8.4M
Amortization Cash Flow 163,000 151,000 143,000 -- 126,000
Amortization Of Intangibles 163,000 151,000 143,000 -- 126,000
Cash Dividends Paid -571,000 -575,000 0.00 0.00 -598,000
Change In Account Payable -2.1M -209,000 1.9M -7.9M 5.8M
Change In Prepaid Assets -144,000 -2.9M 438,000 1.3M 810,000
Depreciation 1.6M 1.4M 1.4M 1.1M 1.4M
Gain Loss On Investment Securities 357,000 104,000 -7.3M 4.7M 799,000
Interest Paid Cff -491,000 -518,000 -515,000 -392,000 -764,000
Long Term Debt Payments -1.3M -1.2M -1.2M -984,000 -965,000
Net Business Purchase And Sale -16.4M -- -- -- 0.00
Net Foreign Currency Exchange Gain Loss -364,000 -14,000 2.2M -2.5M -982,000
Net Income From Continuing Operations 10.3M 898,000 8.7M 9.1M 16.4M
Net Intangibles Purchase And Sale -1.3M -931,000 -504,000 -252,000 -212,000
Net Long Term Debt Issuance -1.3M -1.2M -1.2M -984,000 -965,000
Net Other Investing Changes -158,000 151,000 82,000 60,000 1,000
Net Short Term Debt Issuance -- -- -- -- -100,000
Operating Gains Losses -7,000 90,000 -5.0M 2.1M -183,000
Purchase Of Intangibles -1.3M -931,000 -504,000 -252,000 -212,000
Short Term Debt Payments -- -- -- -- -100,000
Taxes Refund Paid -5.6M -9.9M -- -4.1M -3.5M
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