Diamond Estates Wines & Spirits 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 |
|---|---|---|---|---|---|
| Total Revenue | 8.5M | 8.3M | 4.2M | 6.4M | 7.7M |
| Operating Revenue | 8.5M | 8.3M | 4.2M | 6.4M | 7.7M |
| Cost Of Revenue | 2.9M | 4.0M | 2.2M | 2.9M | 3.7M |
| Gross Profit | 5.6M | 4.3M | 2.1M | 3.5M | 4.0M |
| Selling General And Administration | 4.5M | 3.6M | 3.1M | 3.2M | 3.8M |
| General And Administrative Expense | 3.6M | 2.7M | 2.8M | 2.4M | 2.7M |
| Depreciation And Amortization In Income Statement | 107,566 | 114,894 | 104,815 | 116,270 | 167,788 |
| Operating Expense | 4.6M | 3.7M | 3.2M | 3.3M | 3.9M |
| Operating Income | 1.0M | 628,105 | -1.2M | 154,047 | 66,940 |
| EBIT | 502,058 | 932,277 | -568,935 | 1.0M | 729,765 |
| Interest Expense | 518,571 | 566,326 | 549,327 | 551,749 | 539,316 |
| Interest Expense Non Operating | 518,571 | 566,326 | 549,327 | 551,749 | 539,316 |
| Net Interest Income | -518,571 | -566,326 | -549,327 | -551,749 | -539,316 |
| Other Income Expense | -530,023 | 304,172 | 629,129 | 881,144 | 662,825 |
| Other Non Operating Income Expenses | -210,000 | -- | -- | -- | -- |
| Special Income Charges | -667,745 | 0.00 | 0.00 | 607,814 | 462,437 |
| Restructuring And Mergern Acquisition | 436,546 | 0.00 | 0.00 | -76,983 | 38,700 |
| Gain On Sale Of Security | 347,722 | 304,172 | 629,129 | 273,330 | 200,388 |
| Pretax Income | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| Tax Effect Of Unusual Items | 0.00 | 45,626 | 0.00 | 132,172 | 99,424 |
| Net Income From Continuing And Discontinued Operation | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| Net Income From Continuing Operation Net Minority Interest | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| Net Income Including Noncontrolling Interests | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| Net Income Common Stockholders | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| Net Income | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| EBITDA | 913,765 | 1.4M | -192,532 | 1.4M | 1.0M |
| Normalized EBITDA | 1.2M | 1.1M | -821,661 | 483,858 | 382,348 |
| Reconciled Depreciation | 411,707 | 498,193 | 376,403 | 329,811 | 315,408 |
| Basic EPS | 0.00 | 0.01 | -- | 0.01 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | -- | 0.01 | 0.00 |
| Basic Average Shares | 64.9M | 65.8M | -- | 64.9M | 57.9M |
| Diluted Average Shares | 64.9M | 93.7M | -- | 89.6M | 57.9M |
| Total Unusual Items | -320,023 | 304,172 | 629,129 | 881,144 | 662,825 |
| Total Unusual Items Excluding Goodwill | -320,023 | 304,172 | 629,129 | 881,144 | 662,825 |
| Tax Rate For Calcs | 0.00 | 0.15 | 0.00 | 0.15 | 0.15 |
| Normalized Income | 303,510 | 107,405 | -1.7M | -265,530 | -372,952 |
| Amortization | 45,356 | 57,627 | 45,357 | 57,627 | 97,984 |
| Amortization Of Intangibles Income Statement | 45,356 | 57,627 | 45,357 | 57,627 | 97,984 |
| Depreciation Amortization Depletion Income Statement | 107,566 | 114,894 | 104,815 | 116,270 | 167,788 |
| Depreciation Income Statement | 62,210 | 57,267 | 59,458 | 58,643 | 69,804 |
| Diluted NI Availto Com Stockholders | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| Gain On Sale Of Ppe | -231,199 | 0.00 | 198,240 | 0.00 | 501,137 |
| Impairment Of Capital Assets | 0.00 | 0.00 | -211,760 | 0.00 | 0.00 |
| Net Income Continuous Operations | -16,513 | 365,951 | -1.1M | 483,442 | 190,449 |
| Net Non Operating Interest Income Expense | -518,571 | -566,326 | -549,327 | -551,749 | -539,316 |
| Other Gand A | 1.6M | 1.1M | 1.5M | 860,873 | 1.1M |
| Other Special Charges | -- | -- | 0.00 | -530,831 | -- |
| Reconciled Cost Of Revenue | 2.5M | 3.6M | 1.9M | 2.7M | 3.6M |
| Salaries And Wages | 2.0M | 1.6M | 1.3M | 1.6M | 1.5M |
| Selling And Marketing Expense | 865,303 | 917,649 | 310,998 | 787,178 | 1.1M |
| Total Expenses | 7.4M | 7.7M | 5.4M | 6.3M | 7.6M |
| Total Other Finance Cost | -- | -- | -- | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Accounts Receivable | 3.9M | 3.5M | 3.1M | 2.8M | 3.7M |
| Receivables | 8.9M | 6.5M | 8.1M | 7.2M | 7.3M |
| Inventory | 12.3M | 13.4M | 15.2M | 15.9M | 15.0M |
| Prepaid Assets | 896,745 | 911,204 | 751,409 | 909,518 | 997,723 |
| Other Current Assets | -- | 1.00 | -- | -- | -121,977 |
| Current Assets | 26.3M | 25.0M | 28.1M | 27.9M | 27.1M |
| Gross PPE | 17.8M | 18.0M | 34.5M | 18.4M | 18.6M |
| Accumulated Depreciation | -- | -- | -16.4M | -- | -- |
| Net PPE | 17.8M | 18.0M | 18.1M | 18.4M | 18.6M |
| Goodwill And Other Intangible Assets | 4.8M | 4.8M | 4.9M | 5.2M | 3.5M |
| Other Intangible Assets | -- | -- | 4.9M | -- | -- |
| Total Non Current Assets | 22.7M | 23.0M | 23.2M | 23.7M | 22.3M |
| Total Assets | 49.0M | 48.0M | 51.2M | 51.6M | 49.3M |
| Current Debt | 16.3M | 16.3M | 20.4M | 19.2M | 17.4M |
| Current Debt And Capital Lease Obligation | 16.5M | 16.6M | 20.7M | 19.5M | 17.7M |
| Accounts Payable | 4.3M | 3.5M | 3.1M | 2.6M | 4.2M |
| Payables | 4.3M | 3.6M | 3.2M | 2.9M | 4.3M |
| Payables And Accrued Expenses | 7.5M | 6.5M | 5.8M | 5.5M | 6.8M |
| Current Accrued Expenses | 3.2M | 2.9M | 2.6M | 2.6M | 2.4M |
| Other Current Liabilities | 921,033 | 1.3M | 1.6M | 2.3M | 2.7M |
| Current Liabilities | 24.9M | 24.4M | 28.1M | 27.3M | 27.2M |
| Long Term Debt And Capital Lease Obligation | 378,717 | 397,022 | 462,297 | 496,092 | 546,062 |
| Long Term Capital Lease Obligation | 378,717 | 397,022 | 462,297 | 496,092 | 546,062 |
| Total Non Current Liabilities Net Minority Interest | 378,717 | 397,022 | 462,297 | 781,232 | 546,062 |
| Total Liabilities Net Minority Interest | 25.3M | 24.8M | 28.5M | 28.1M | 27.7M |
| Common Stock | 54.0M | 53.8M | 53.8M | 53.6M | 52.2M |
| Capital Stock | 54.0M | 53.8M | 53.8M | 53.6M | 52.2M |
| Additional Paid In Capital | 4.6M | 4.2M | 4.1M | 3.9M | 4.0M |
| Retained Earnings | -34.8M | -34.8M | -35.2M | -34.1M | -34.6M |
| Common Stock Equity | 23.7M | 23.2M | 22.7M | 23.5M | 21.6M |
| Stockholders Equity | 23.7M | 23.2M | 22.7M | 23.5M | 21.6M |
| Total Equity Gross Minority Interest | 23.7M | 23.2M | 22.7M | 23.5M | 21.6M |
| Total Capitalization | 23.7M | 23.2M | 22.7M | 23.5M | 21.6M |
| Net Tangible Assets | 18.9M | 18.4M | 17.8M | 18.4M | 18.1M |
| Tangible Book Value | 18.9M | 18.4M | 17.8M | 18.4M | 18.1M |
| Working Capital | 1.4M | 657,601 | 6,039 | 588,405 | -99,350 |
| Invested Capital | 40.0M | 39.5M | 43.1M | 42.7M | 39.1M |
| Total Debt | 16.8M | 17.0M | 21.1M | 20.0M | 18.3M |
| Net Debt | 16.3M | 16.3M | 20.4M | 19.2M | 17.4M |
| Share Issued | 66.6M | 65.8M | 65.8M | 65.8M | 64.5M |
| Ordinary Shares Number | 66.6M | 65.8M | 65.8M | 65.8M | 64.5M |
| Assets Held For Sale Current | 4.3M | 4.1M | 4.0M | 3.9M | 3.9M |
| Buildings And Improvements | -- | -- | 18.5M | -- | -- |
| Capital Lease Obligations | 548,017 | 628,934 | 705,709 | 777,767 | 837,593 |
| Current Capital Lease Obligation | 169,300 | 231,912 | 243,412 | 281,675 | 291,531 |
| Current Notes Payable | -- | -- | -- | -- | 4.7M |
| Finished Goods | 10.8M | 12.3M | 14.3M | 15.1M | 14.3M |
| Land And Improvements | -- | -- | 2.3M | -- | -- |
| Leases | -- | -- | 147,655 | -- | -- |
| Loans Receivable | 0.00 | 0.00 | 500,000 | 500,000 | 500,000 |
| Machinery Furniture Equipment | -- | -- | 12.7M | -- | -- |
| Non Current Accounts Receivable | 147,947 | 163,267 | 178,375 | 193,272 | 207,963 |
| Other Current Borrowings | 16.3M | 16.3M | 20.4M | 19.2M | 12.7M |
| Other Inventories | 194,622 | 100,966 | -- | -- | 150,887 |
| Other Payable | 85,526 | 98,996 | 105,285 | 242,815 | 93,024 |
| Other Properties | 17.8M | 18.0M | 857,428 | 18.4M | 18.6M |
| Other Receivables | 5.0M | 3.1M | 4.5M | 3.9M | 3.1M |
| Properties | -- | -- | 0.00 | -- | -- |
| Raw Materials | 1.2M | 1.1M | 869,734 | 825,960 | 541,897 |
| Tradeand Other Payables Non Current | -- | -- | -- | 285,140 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 344,908 | 3.9M | -943,161 | -2.1M | 2.8M |
| Cash Flow From Continuing Operating Activities | 344,908 | 3.9M | -943,161 | -2.1M | 2.8M |
| Depreciation And Amortization | 411,707 | 498,193 | 376,403 | 329,811 | 315,408 |
| Depreciation Amortization Depletion | 411,707 | 498,193 | 376,403 | 329,811 | 315,408 |
| Stock Based Compensation | 350,146 | 144,783 | 140,969 | 84,342 | 67,889 |
| Change In Working Capital | -716,231 | 3.0M | 124.00 | -2.7M | 2.8M |
| Changes In Account Receivables | -2.6M | 1.1M | -943,197 | -44,333 | 395,315 |
| Change In Receivables | -2.6M | 1.1M | -943,197 | -44,333 | 395,315 |
| Change In Inventory | 969,363 | 1.4M | 477,377 | -1.0M | 2.8M |
| Change In Payables And Accrued Expense | 891,155 | 641,730 | 308,638 | -1.7M | -437,166 |
| Other Non Cash Items | 686,294 | 573,826 | 80,105 | 713,892 | 666,466 |
| Capital Expenditure | -57,634 | -114,924 | -32,908 | -19,090 | -164,914 |
| Purchase Of PPE | -57,634 | -114,924 | -32,908 | -19,090 | -164,914 |
| Net PPE Purchase And Sale | -57,634 | -114,924 | -32,908 | -19,090 | -164,914 |
| Investing Cash Flow | -43,147 | -100,636 | -18,821 | -5,197 | -151,215 |
| Cash Flow From Continuing Investing Activities | -43,147 | -100,636 | -18,821 | -5,197 | -151,215 |
| Issuance Of Debt | -- | -- | 1.1M | 2.5M | -1.0M |
| Repayment Of Debt | -301,761 | -4.3M | -144,862 | -411,858 | -3.9M |
| Net Issuance Payments Of Debt | -301,761 | -4.3M | 961,982 | 2.1M | -4.9M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 0.00 | -- |
| Net Common Stock Issuance | -- | -- | 0.00 | 0.00 | -- |
| Financing Cash Flow | -301,761 | -3.8M | 961,982 | 2.1M | -2.6M |
| Cash Flow From Continuing Financing Activities | -301,761 | -3.8M | 961,982 | 2.1M | -2.6M |
| Beginning Cash Position | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| End Cash Position | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | 287,274 | 3.8M | -976,069 | -2.1M | 2.6M |
| Amortization Cash Flow | 45,356 | 57,627 | 45,357 | 57,627 | 97,984 |
| Amortization Of Intangibles | 45,356 | 57,627 | 45,357 | 57,627 | 97,984 |
| Asset Impairment Charge | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 25,624 | -174,041 | 157,306 | 89,064 | 63,793 |
| Common Stock Issuance | -- | -- | 0.00 | 0.00 | -- |
| Depreciation | 366,351 | 440,566 | 331,046 | 272,184 | 217,424 |
| Gain Loss On Investment Securities | -347,722 | -304,172 | -618,479 | -283,980 | -200,388 |
| Gain Loss On Sale Of PPE | 231,199 | 0.00 | 0.00 | 0.00 | -501,137 |
| Interest Paid Cfo | -253,974 | -309,405 | -334,852 | -178,519 | -540,677 |
| Long Term Debt Issuance | -- | -- | 1.1M | -- | -- |
| Long Term Debt Payments | -108,149 | -103,655 | -144,862 | -4.3M | -93,591 |
| Net Income From Continuing Operations | -16,511 | 365,951 | -1.1M | 483,445 | 190,452 |
| Net Long Term Debt Issuance | -108,149 | -103,655 | 961,982 | -1.8M | -93,591 |
| Net Other Financing Charges | 0.00 | 500,000 | -- | -- | -- |
| Net Other Investing Changes | 14,487 | 14,288 | 14,087 | 13,893 | 13,699 |
| Net Short Term Debt Issuance | -193,612 | -4.2M | -- | -- | -4.8M |
| Operating Gains Losses | -116,523 | -304,172 | -618,479 | -283,980 | -701,525 |
| Sale Of PPE | -- | -- | 0.00 | -- | -- |
| Short Term Debt Issuance | -- | -- | -- | -- | -1.0M |
| Short Term Debt Payments | -193,612 | -4.2M | -- | -- | -3.8M |