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Enerflex Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 2.6B 2.4B 2.3B 1.3B 753.1M
Operating Revenue 2.6B 2.4B 2.3B 1.3B 753.1M
Cost Of Revenue 2.0B 1.9B 1.9B 1.1B 594.4M
Gross Profit 582.0M 504.0M 457.0M 237.8M 158.6M
Selling General And Administration 246.0M 278.0M 255.0M 222.0M 116.0M
General And Administrative Expense 26.0M 29.0M 6.0M -- --
Depreciation And Amortization In Income Statement 24.0M 47.0M 46.0M -- --
Operating Expense 270.0M 325.0M 301.0M 222.0M 116.0M
Operating Income 312.0M 179.0M 156.0M 15.8M 42.6M
EBIT 245.0M 184.0M 66.0M -22.3M 45.8M
Interest Expense 82.0M 103.0M 118.0M 36.4M 15.9M
Interest Expense Non Operating 82.0M 103.0M 118.0M 36.4M 15.9M
Interest Income 4.0M 5.0M 24.0M 7.7M 2.6M
Interest Income Non Operating 4.0M 5.0M 24.0M 7.7M 2.6M
Net Interest Income -78.0M -98.0M -94.0M -28.7M -13.3M
Other Income Expense -71.0M -- -114.0M -45.9M 632,147
Special Income Charges -63.0M 15.0M -55.0M -35.2M 105,881
Write Off 22.0M -15.0M -8.0M -- --
Gain On Sale Of Security -8.0M -15.0M -57.0M -14.1M --
Earnings From Equity Interest -- 0.00 -2.0M 3.5M 526,266
Pretax Income 163.0M 81.0M -52.0M -58.7M 29.9M
Tax Provision 99.0M 49.0M 31.0M 15.6M 44.4M
Tax Effect Of Unusual Items -10.7M 0.00 -44.8M -12.9M 28,058
Net Income From Continuing And Discontinued Operation 64.0M 32.0M -83.0M -74.4M -14.5M
Net Income From Continuing Operation Net Minority Interest 64.0M 32.0M -83.0M -74.4M -14.5M
Net Income Including Noncontrolling Interests 64.0M 32.0M -83.0M -74.4M -14.5M
Minority Interests -- -- -- -- 0.00
Net Income Common Stockholders 64.0M 32.0M -83.0M -74.4M -14.5M
Net Income 64.0M 32.0M -83.0M -74.4M -14.5M
EBITDA 406.0M 369.0M 264.0M 72.2M 114.5M
Normalized EBITDA 477.0M 369.0M 376.0M 121.5M 114.4M
Reconciled Depreciation 161.0M 185.0M 198.0M 94.5M 68.7M
Basic EPS 0.52 0.26 -0.68 -0.77 -0.16
Diluted EPS 0.52 0.26 -0.68 -0.77 -0.16
Basic Average Shares 122.9M 124.1M 124.0M 97.0M 89.7M
Diluted Average Shares 123.1M 124.1M 124.0M 97.0M 89.7M
Total Unusual Items -71.0M 0.00 -112.0M -49.4M 105,881
Total Unusual Items Excluding Goodwill -71.0M 0.00 -112.0M -49.4M 105,881
Tax Rate For Calcs 0.15 0.15 0.40 0.26 0.27
Normalized Income 124.3M 32.0M -15.8M -37.9M -14.6M
Average Dilution Earnings -- 0.00 0.00 0.00 0.00
Depreciation Amortization Depletion Income Statement 24.0M 47.0M 46.0M -- --
Diluted NI Availto Com Stockholders 64.0M 32.0M -83.0M -74.4M -14.5M
Gain On Sale Of Ppe 1.0M 0.00 2.0M 146,625 105,881
Impairment Of Capital Assets -- 0.00 65.0M 35.4M 0.00
Net Income Continuous Operations 64.0M 32.0M -83.0M -74.4M -14.5M
Net Non Operating Interest Income Expense -78.0M -98.0M -94.0M -28.7M -13.3M
Other Special Charges 42.0M -- -- -- --
Reconciled Cost Of Revenue 1.9B 1.8B 1.7B 1.1B 594.4M
Salaries And Wages 26.0M 29.0M 6.0M -- --
Selling And Marketing Expense 220.0M 249.0M 249.0M -- --
Total Expenses 2.3B 2.2B 2.2B 1.3B 710.5M
Total Operating Income As Reported 306.0M 173.0M 121.0M 1.7M 42.6M
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 81.0M 92.0M 95.0M 187.0M 135.5M
Cash Cash Equivalents And Short Term Investments 81.0M 92.0M 106.0M 187.0M 135.5M
Cash Equivalents -- -- 2.9M 0.00 --
Cash Financial -- -- 92.2M 187.0M --
Other Short Term Investments -- 0.00 11.0M 0.00 --
Accounts Receivable 329.0M 389.0M 391.0M 333.0M 159.6M
Receivables 578.0M 607.0M 618.0M 527.0M 246.2M
Inventory 280.0M 293.0M 294.0M 304.0M 163.8M
Prepaid Assets 52.0M 49.0M 58.0M 53.0M 10.9M
Other Current Assets -- -- -- -- 13.9M
Current Assets 992.0M 1.0B 1.1B 1.1B 556.6M
Gross PPE 1.4B 1.3B 1.4B 1.1B 880.4M
Accumulated Depreciation -600.0M -481.0M -396.0M -331.7M -286.9M
Net PPE 849.0M 867.0M 1.0B 1.1B 593.4M
Goodwill 430.0M 422.0M 433.0M 498.0M 444.1M
Goodwill And Other Intangible Assets 459.0M 459.0M 488.0M 574.0M 452.1M
Other Intangible Assets 29.0M 37.0M 55.0M 76.0M 7.9M
Investments And Advances 25.0M 26.0M 28.0M 25.0M 21.2M
Long Term Equity Investment 25.0M 26.0M 28.0M 25.0M 21.2M
Other Non Current Assets 161.0M 161.0M -- -- --
Total Non Current Assets 1.7B 1.8B 1.9B 2.1B 1.2B
Total Assets 2.7B 2.8B 3.0B 3.1B 1.7B
Current Debt -- -- 40.0M 20.0M --
Current Debt And Capital Lease Obligation 22.0M 22.0M 59.0M 35.0M 10.9M
Accounts Payable 384.0M 395.0M 416.0M 452.0M 183.7M
Payables 464.0M 477.0M 474.0M 509.0M 192.8M
Payables And Accrued Expenses 464.0M 477.0M 474.0M 509.0M 192.8M
Current Deferred Revenue 355.0M 375.0M 297.0M 270.0M 66.4M
Other Current Liabilities 1.0M -- 12.0M 1.0M 141,174
Current Liabilities 879.0M 911.0M 868.0M 839.0M 278.7M
Long Term Debt 582.0M 708.0M 879.0M 1.0B 259.9M
Long Term Debt And Capital Lease Obligation 632.0M 755.0M 936.0M 1.1B 293.7M
Long Term Capital Lease Obligation 50.0M 47.0M 57.0M 54.0M 33.8M
Other Non Current Liabilities 26.0M 17.0M 13.0M 14.0M 12.4M
Total Non Current Liabilities Net Minority Interest 722.0M 831.0M 1.0B 1.2B 378.3M
Total Liabilities Net Minority Interest 1.6B 1.7B 1.9B 2.0B 657.0M
Common Stock 498.0M 505.0M 504.0M 503.0M 294.5M
Capital Stock 498.0M 505.0M 504.0M 503.0M 294.5M
Additional Paid In Capital 664.0M 678.0M 678.0M 678.0M 516.6M
Retained Earnings 130.0M 80.0M 58.0M 151.0M 215.7M
Gains Losses Not Affecting Retained Earnings -199.0M -214.0M -186.0M -192.0M 35.0M
Other Equity Adjustments -199.0M -214.0M -186.0M -192.0M 85,489
Common Stock Equity 1.1B 1.0B 1.1B 1.1B 1.1B
Stockholders Equity 1.1B 1.0B 1.1B 1.1B 1.1B
Total Equity Gross Minority Interest 1.1B 1.0B 1.1B 1.1B 1.1B
Total Capitalization 1.7B 1.8B 1.9B 2.1B 1.3B
Net Tangible Assets 634.0M 590.0M 566.0M 566.0M 609.7M
Tangible Book Value 634.0M 590.0M 566.0M 566.0M 609.7M
Working Capital 113.0M 130.0M 215.0M 233.0M 277.9M
Invested Capital 1.7B 1.8B 2.0B 2.2B 1.3B
Total Debt 654.0M 777.0M 995.0M 1.1B 304.7M
Net Debt 501.0M 616.0M 824.0M 840.0M 124.4M
Share Issued 121.8M 124.1M 124.0M 123.7M 89.7M
Ordinary Shares Number 121.8M 124.1M 124.0M 123.7M 89.7M
Allowance For Doubtful Accounts Receivable -9.0M -11.0M -9.0M -6.0M -8.1M
Assets Held For Sale Current -- 0.00 7.0M 0.00 --
Buildings And Improvements 111.0M 102.0M 104.0M 111.6M 89.4M
Capital Lease Obligations 72.0M 69.0M 76.0M 69.0M 44.7M
Construction In Progress 3.0M 5.0M 7.0M 3.4M 2.4M
Current Capital Lease Obligation 22.0M 22.0M 19.0M 15.0M 10.9M
Current Deferred Liabilities 355.0M 375.0M 297.0M 270.0M 66.4M
Current Provisions 25.0M 22.0M 20.0M 14.0M 5.2M
Dividends Payable 0.00 3.0M 2.0M 2.0M 1.8M
Financial Assets 0.00 17.0M 0.00 0.00 --
Finished Goods -- -- -- 163.4M 57.4M
Foreign Currency Translation Adjustments -- -- -- 128.7M 34.9M
Gross Accounts Receivable 338.0M 400.0M 400.0M 339.0M 167.7M
Hedging Assets Current 1.0M 0.00 0.00 1.0M 230,585
Income Tax Payable 80.0M 79.0M 56.0M 55.0M 7.3M
Land And Improvements 18.0M 17.0M 17.0M 17.4M 14.4M
Leases 63.0M 60.0M 64.0M 69.3M 45.8M
Non Current Accounts Receivable 181.0M 191.0M 296.0M 363.0M 88.1M
Non Current Deferred Assets 21.0M 24.0M 21.0M 16.0M 7.3M
Non Current Deferred Liabilities 64.0M 59.0M 87.0M 90.0M 72.1M
Non Current Deferred Revenue 13.0M 11.0M 22.0M 25.0M 0.00
Non Current Deferred Taxes Assets 21.0M 24.0M 21.0M 16.0M 7.3M
Non Current Deferred Taxes Liabilities 51.0M 48.0M 65.0M 65.0M 72.1M
Non Current Prepaid Assets 6.0M 5.0M 12.0M 9.0M 61,960
Other Current Borrowings -- -- 40.0M 20.0M --
Other Inventories 14.0M 17.0M 19.0M 20.0M 2.6M
Other Properties 1.3B 1.2B 1.2B 1.1B 728.3M
Other Receivables 238.0M 215.0M 224.0M 186.0M 83.7M
Pensionand Other Post Retirement Benefit Plans Current 12.0M 15.0M 6.0M 10.0M 3.4M
Properties 0.00 0.00 0.00 0.00 0.00
Raw Materials 218.0M 179.0M 185.0M 180.0M 108.3M
Taxes Receivable 11.0M 3.0M 3.0M 8.0M 2.9M
Total Tax Payable 80.0M 79.0M 56.0M 55.0M 7.3M
Work In Process 48.0M 97.0M 90.0M 104.0M 52.9M
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 345.0M 324.0M 206.0M 14.6M 163.3M
Cash Flow From Continuing Operating Activities 345.0M 324.0M 206.0M 14.6M 163.3M
Depreciation And Amortization 161.0M 185.0M 198.0M 94.5M 68.7M
Depreciation Amortization Depletion 161.0M 185.0M 198.0M 94.5M 68.7M
Stock Based Compensation 26.0M 29.0M 6.0M 11.9M 10.1M
Deferred Tax 7.0M -23.0M -8.0M 2.4M 34.1M
Deferred Income Tax 7.0M -23.0M -8.0M 2.4M 34.1M
Change In Working Capital 19.0M 106.0M 13.0M -52.5M 65.0M
Changes In Account Receivables 55.0M 0.00 -61.0M -41.9M 916,848
Change In Receivables 77.0M -11.0M 3.0M -136.9M -55.0M
Change In Inventory -20.0M 36.0M -21.0M -58.0M 31.0M
Change In Payables And Accrued Expense -21.0M 16.0M -20.0M 49.2M 43.5M
Change In Payable -21.0M 16.0M -20.0M 49.2M 43.5M
Change In Other Working Capital -14.0M 60.0M 52.0M 119.0M 49.3M
Change In Other Current Assets 0.00 2.0M -2.0M 0.00 --
Change In Other Current Liabilities 0.00 -6.0M 6.0M 0.00 --
Capital Expenditure -115.0M -77.0M -111.0M -85.4M -45.0M
Purchase Of PPE -115.0M -75.0M -106.0M -85.4M -45.0M
Net PPE Purchase And Sale -92.0M -72.0M -76.0M -73.3M -41.1M
Purchase Of Business -- -- 0.00 -4.4M -101,959
Sale Of Business -- -- 0.00 98.2M 0.00
Purchase Of Investment -- 0.00 -25.0M 0.00 --
Net Investment Purchase And Sale -4.0M 0.00 -25.0M 0.00 --
Investing Cash Flow -103.0M -59.0M -119.0M 31.9M -38.3M
Cash Flow From Continuing Investing Activities -103.0M -59.0M -119.0M 31.9M -38.3M
Issuance Of Debt 400.0M 0.00 0.00 1.1B 29.0M
Repayment Of Debt -602.0M -253.0M -137.0M -998.2M -84.8M
Net Issuance Payments Of Debt -202.0M -253.0M -137.0M 84.4M -55.8M
Repurchase Of Capital Stock -23.0M 0.00 -- -- --
Net Common Stock Issuance -23.0M 0.00 -- -- --
Common Stock Payments -23.0M 0.00 -- -- --
Financing Cash Flow -250.0M -263.0M -149.0M 8.7M -63.1M
Cash Flow From Continuing Financing Activities -250.0M -263.0M -149.0M 8.7M -63.1M
Effect Of Exchange Rate Changes -3.0M -5.0M -30.0M 4.5M -1.4M
Changes In Cash -8.0M 2.0M -62.0M 55.2M 61.9M
Beginning Cash Position 92.0M 95.0M 187.0M 127.3M 75.0M
End Cash Position 81.0M 92.0M 95.0M 187.0M 135.5M
Free Cash Flow 230.0M 247.0M 95.0M -70.8M 118.3M
Income Tax Paid Supplemental Data -- -- 42.7M 20.5M 10.8M
Interest Paid Supplemental Data 76.0M 91.0M 111.0M 24.3M 16.0M
Asset Impairment Charge 3.0M 1.0M 66.0M 36.3M 421,170
Cash Dividends Paid -17.0M -9.0M -9.0M -6.6M -5.6M
Change In Account Payable -22.0M -7.0M -21.0M 57.4M 39.6M
Change In Income Tax Payable 1.0M 23.0M 1.0M -8.1M 3.9M
Change In Prepaid Assets -3.0M 9.0M -5.0M -25.9M -3.8M
Change In Tax Payable 1.0M 23.0M 1.0M -8.1M 3.9M
Dividends Received Cfi -- -- 0.00 2.3M 0.00
Earnings Losses From Equity Investments 3.0M 0.00 -2.0M -3.5M -526,266
Gain Loss On Investment Securities 21.0M -6.0M 14.0M -- --
Gain Loss On Sale Of PPE -1.0M 0.00 2.0M -146,625 -105,881
Interest Paid Cff -- -- -- -- -2.4M
Long Term Debt Issuance 400.0M 0.00 0.00 1.1B 29.0M
Long Term Debt Payments -602.0M -253.0M -137.0M -998.2M -84.8M
Net Business Purchase And Sale -- -- 0.00 93.8M -101,959
Net Income From Continuing Operations 64.0M 32.0M -83.0M -74.4M -14.5M
Net Intangibles Purchase And Sale 0.00 -2.0M -5.0M 0.00 --
Net Long Term Debt Issuance -202.0M -253.0M -137.0M 84.4M -55.8M
Net Other Financing Charges -10.0M -2.0M -4.0M -69.2M -1.6M
Net Other Investing Changes -7.0M 15.0M -13.0M 9.1M 2.9M
Operating Gains Losses 65.0M -6.0M 14.0M -3.6M -632,147
Proceeds From Stock Option Exercised 2.0M 1.0M 1.0M 191,571 0.00
Purchase Of Intangibles 0.00 -2.0M -5.0M 0.00 --
Sale Of PPE 23.0M 3.0M 30.0M 12.0M 3.8M
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