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EQ Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 2.5M 3.1M 1.4M 3.3M 2.5M
Operating Revenue 2.5M 3.1M 1.4M 3.3M 2.5M
Cost Of Revenue 1.4M 1.7M 859,000 2.0M 1.4M
Gross Profit 1.1M 1.4M 577,000 1.3M 1.1M
Selling General And Administration 700,000 788,000 733,000 677,000 802,000
General And Administrative Expense 700,000 788,000 733,000 677,000 802,000
Depreciation And Amortization In Income Statement 160,000 160,000 161,000 106,000 175,000
Other Operating Expenses 500,000 513,000 461,000 544,000 423,000
Operating Expense 1.4M 1.5M 1.4M 1.3M 1.4M
Operating Income -252,000 -107,000 -778,000 -76,000 -325,000
EBIT -260,000 -98,000 -782,000 -83,000 650,000
Interest Expense 77,000 53,000 56,000 58,000 51,000
Interest Expense Non Operating 77,000 53,000 56,000 58,000 51,000
Interest Income 3,000 3,000 2,000 13,000 4,000
Interest Income Non Operating 3,000 3,000 2,000 13,000 4,000
Net Interest Income -74,000 -50,000 -54,000 -45,000 -47,000
Other Income Expense -11,000 6,000 -6,000 -20,000 971,000
Special Income Charges 0.00 -- -- 0.00 975,000
Restructuring And Mergern Acquisition 0.00 -- -- 0.00 -975,000
Gain On Sale Of Security -11,000 6,000 -6,000 -20,000 -4,000
Pretax Income -337,000 -151,000 -838,000 -141,000 599,000
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 145,650
Net Income From Continuing And Discontinued Operation -337,000 -151,000 -838,000 -141,000 599,000
Net Income From Continuing Operation Net Minority Interest -337,000 -151,000 -838,000 -141,000 599,000
Net Income Including Noncontrolling Interests -337,000 -151,000 -838,000 -141,000 599,000
Net Income Common Stockholders -337,000 -151,000 -838,000 -141,000 599,000
Net Income -337,000 -151,000 -838,000 -141,000 599,000
EBITDA -100,000 62,000 -621,000 23,000 825,000
Normalized EBITDA -89,000 56,000 -615,000 43,000 -146,000
Reconciled Depreciation 160,000 160,000 161,000 106,000 175,000
Basic EPS 0.00 0.00 -0.01 -- 0.01
Diluted EPS 0.00 0.00 -0.01 -- 0.01
Basic Average Shares 69.6M 69.6M 69.6M -- 59.9M
Diluted Average Shares 69.6M 69.6M 69.6M -- 59.9M
Total Unusual Items -11,000 6,000 -6,000 -20,000 971,000
Total Unusual Items Excluding Goodwill -11,000 6,000 -6,000 -20,000 971,000
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.15
Normalized Income -326,000 -157,000 -832,000 -121,000 -226,350
Amortization 158,000 159,000 158,000 103,000 170,000
Amortization Of Intangibles Income Statement 158,000 159,000 158,000 103,000 170,000
Depreciation Amortization Depletion Income Statement 160,000 160,000 161,000 106,000 175,000
Depreciation Income Statement 2,000 1,000 3,000 3,000 5,000
Diluted NI Availto Com Stockholders -337,000 -151,000 -838,000 -141,000 599,000
Net Income Continuous Operations -337,000 -151,000 -838,000 -141,000 599,000
Net Non Operating Interest Income Expense -74,000 -50,000 -54,000 -45,000 -47,000
Reconciled Cost Of Revenue 1.4M 1.7M 859,000 2.0M 1.4M
Salaries And Wages 700,000 788,000 733,000 677,000 802,000
Total Expenses 2.7M 3.2M 2.2M 3.3M 2.8M
Total Operating Income As Reported -252,000 -107,000 -778,000 -76,000 -325,000
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 775,000 622,000 626,000 634,000 461,000
Cash Cash Equivalents And Short Term Investments 775,000 622,000 626,000 634,000 461,000
Cash Financial 775,000 622,000 626,000 634,000 461,000
Accounts Receivable 1.8M 2.7M 1.6M 4.4M 2.9M
Receivables 1.8M 2.7M 1.6M 4.5M 2.9M
Prepaid Assets -- -- -- 14,000 --
Other Current Assets 127,000 135,000 126,000 -- 145,000
Current Assets 2.7M 3.5M 2.4M 5.2M 3.6M
Gross PPE -- -- -- 275,000 --
Accumulated Depreciation -- -- -- -263,000 --
Net PPE 10,000 12,000 9,000 12,000 15,000
Goodwill And Other Intangible Assets 890,000 898,000 907,000 915,000 800,000
Other Intangible Assets 890,000 898,000 907,000 915,000 800,000
Total Non Current Assets 900,000 910,000 916,000 927,000 815,000
Total Assets 3.6M 4.4M 3.3M 6.1M 4.4M
Current Debt 491,000 727,000 313,000 1.3M 310,000
Current Debt And Capital Lease Obligation 491,000 727,000 313,000 1.3M 310,000
Accounts Payable 2.6M 2.9M 2.3M 2.8M 2.8M
Payables 4.7M 5.0M 4.1M 4.6M 4.3M
Payables And Accrued Expenses 4.7M 5.0M 4.1M 5.1M 4.3M
Current Accrued Expenses -- -- -- 489,000 --
Current Liabilities 5.2M 5.7M 4.4M 6.4M 4.7M
Long Term Debt 750,000 750,000 750,000 750,000 1.0M
Long Term Debt And Capital Lease Obligation 750,000 750,000 750,000 750,000 1.0M
Total Non Current Liabilities Net Minority Interest 750,000 750,000 750,000 750,000 1.0M
Total Liabilities Net Minority Interest 6.0M 6.4M 5.2M 7.1M 5.7M
Common Stock 94.5M 94.5M 94.5M 94.5M 94.5M
Capital Stock 94.5M 94.5M 94.5M 94.5M 94.5M
Additional Paid In Capital 4.5M 4.5M 4.5M 4.5M 4.4M
Retained Earnings -99.2M -98.9M -98.8M -97.9M -98.1M
Gains Losses Not Affecting Retained Earnings -2.1M -2.1M -2.1M -2.1M -2.1M
Other Equity Adjustments -- -- -- -- -2.1M
Common Stock Equity -2.3M -2.0M -1.9M -1.0M -1.2M
Stockholders Equity -2.3M -2.0M -1.9M -1.0M -1.2M
Total Equity Gross Minority Interest -2.3M -2.0M -1.9M -1.0M -1.2M
Total Capitalization -1.6M -1.3M -1.1M -273,000 -242,000
Net Tangible Assets -3.2M -2.9M -2.8M -1.9M -2.0M
Tangible Book Value -3.2M -2.9M -2.8M -1.9M -2.0M
Working Capital -2.5M -2.2M -2.0M -1.2M -1.1M
Invested Capital -1.1M -534,000 -797,000 1.1M 68,000
Total Debt 1.2M 1.5M 1.1M 2.1M 1.3M
Net Debt 466,000 855,000 437,000 1.4M 849,000
Share Issued 69.6M 69.6M 69.6M 69.6M 69.6M
Ordinary Shares Number 69.6M 69.6M 69.6M 69.6M 69.6M
Leases -- -- -- 0.00 --
Line Of Credit 241,000 -- -- -- --
Machinery Furniture Equipment -- -- -- 275,000 --
Notes Receivable -- -- -- 86,000 --
Other Current Borrowings 250,000 727,000 313,000 -- 310,000
Other Payable 2.1M 2.0M 1.9M 1.8M 1.6M
Other Properties -- -- -- -- --
Other Receivables -- -- -- 20,000 --
Properties -- -- -- 0.00 --
Restricted Cash 48,000 48,000 48,000 48,000 48,000
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 595,000 -230,000 1.2M -340,000 273,000
Cash Flow From Continuing Operating Activities 595,000 -230,000 1.2M -340,000 273,000
Depreciation And Amortization 160,000 160,000 161,000 106,000 175,000
Depreciation Amortization Depletion 160,000 160,000 161,000 106,000 175,000
Stock Based Compensation 1,000 0.00 1,000 2,000 3,000
Change In Working Capital 706,000 -282,000 1.8M -1.3M -557,000
Changes In Account Receivables 952,000 -1.1M 2.8M -1.4M -246,000
Change In Receivables 952,000 -1.1M 2.8M -1.4M -246,000
Change In Payables And Accrued Expense -254,000 809,000 -933,000 1.1M -327,000
Change In Payable -254,000 809,000 -933,000 1.1M -327,000
Change In Other Current Assets 8,000 -9,000 -6,000 -938,000 16,000
Other Non Cash Items 67,000 38,000 48,000 1.0M 53,000
Capital Expenditure -150,000 -154,000 -150,000 -218,000 -153,000
Purchase Of PPE 0.00 -- -- 0.00 -3,000
Net PPE Purchase And Sale 0.00 -- -- 0.00 -3,000
Investing Cash Flow -147,000 -151,000 -148,000 -217,000 -149,000
Cash Flow From Continuing Investing Activities -147,000 -151,000 -148,000 -217,000 -149,000
Issuance Of Debt -- -- -- 0.00 --
Repayment Of Debt -236,000 414,000 -1.0M 771,000 -917,000
Net Issuance Payments Of Debt -236,000 414,000 -1.0M 771,000 83,000
Financing Cash Flow -297,000 382,000 -1.1M 725,000 132,000
Cash Flow From Continuing Financing Activities -297,000 382,000 -1.1M 725,000 132,000
Effect Of Exchange Rate Changes 2,000 -5,000 0.00 5,000 0.00
Changes In Cash 151,000 1,000 -8,000 168,000 256,000
Beginning Cash Position 622,000 626,000 634,000 461,000 205,000
End Cash Position 775,000 622,000 626,000 634,000 461,000
Free Cash Flow 445,000 -384,000 1.0M -558,000 120,000
Amortization Cash Flow 158,000 159,000 158,000 103,000 170,000
Amortization Of Intangibles 158,000 159,000 158,000 103,000 170,000
Cash Dividends Paid 0.00 0.00 0.00 0.00 0.00
Change In Account Payable -360,000 681,000 -1.0M 871,000 -401,000
Depreciation 2,000 1,000 3,000 3,000 5,000
Interest Paid Cff -61,000 -32,000 -41,000 -46,000 -41,000
Interest Received Cfi 3,000 3,000 2,000 1,000 4,000
Long Term Debt Issuance -- -- -- 0.00 --
Long Term Debt Payments -236,000 414,000 -1.0M 771,000 -917,000
Net Foreign Currency Exchange Gain Loss -2,000 5,000 0.00 -5,000 0.00
Net Income From Continuing Operations -337,000 -151,000 -838,000 -141,000 599,000
Net Intangibles Purchase And Sale -150,000 -150,000 -150,000 -218,000 -150,000
Net Long Term Debt Issuance -236,000 414,000 -1.0M 771,000 83,000
Net Short Term Debt Issuance -- -- -- -- --
Operating Gains Losses -2,000 -- -- -5,000 0.00
Proceeds From Stock Option Exercised -- -- -- 0.00 90,000
Purchase Of Intangibles -150,000 -150,000 -150,000 -218,000 -150,000
Short Term Debt Payments -- -- -- -- --
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