Findev Inc.

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Total Revenue	3.6M	3.4M	3.0M	2.7M
Operating Revenue	3.6M	3.4M	3.0M	2.7M
Cost Of Revenue	855.00	1,395	1,421	1,196
Gross Profit	3.6M	3.4M	3.0M	2.7M
Selling General And Administration	261,981	304,546	279,298	257,715
General And Administrative Expense	261,981	304,546	279,298	257,715
Operating Expense	261,981	304,546	279,298	257,715
Operating Income	3.3M	3.1M	2.8M	2.4M
EBIT	3.3M	3.1M	2.8M	2.4M
Interest Expense	--	--	935.00	1,232
Interest Expense Non Operating	--	--	935.00	1,232
Net Interest Income	-856.00	-945.00	-935.00	-1,232
Other Income Expense	--	-141,362	-520,868	-14,558
Gain On Sale Of Security	--	-141,362	-520,868	-14,558
Pretax Income	3.3M	3.0M	2.2M	2.4M
Tax Provision	752,344	976,000	735,192	-3.0M
Tax Effect Of Unusual Items	0.00	-46,417	-170,783	-3,858
Net Income From Continuing And Discontinued Operation	2.6M	2.0M	1.5M	5.4M
Net Income From Continuing Operation Net Minority Interest	2.6M	2.0M	1.5M	5.4M
Net Income Including Noncontrolling Interests	2.6M	2.0M	1.5M	5.4M
Net Income Common Stockholders	2.6M	2.0M	1.5M	5.4M
Net Income	2.6M	2.0M	1.5M	5.4M
EBITDA	3.3M	3.1M	2.8M	2.4M
Normalized EBITDA	3.3M	3.3M	3.3M	2.4M
Basic EPS	0.09	0.07	0.05	0.19
Diluted EPS	0.09	0.07	0.05	0.19
Basic Average Shares	28.6M	28.6M	28.6M	28.6M
Diluted Average Shares	28.6M	28.6M	28.6M	28.6M
Total Unusual Items	--	-141,362	-520,868	-14,558
Total Unusual Items Excluding Goodwill	--	-141,362	-520,868	-14,558
Tax Rate For Calcs	0.22	0.33	0.33	0.27
Normalized Income	2.6M	2.1M	1.9M	5.4M
Diluted NI Availto Com Stockholders	2.6M	2.0M	1.5M	5.4M
Insurance And Claims	11,730	27,748	26,490	23,935
Net Income Continuous Operations	2.6M	2.0M	1.5M	5.4M
Net Non Operating Interest Income Expense	-856.00	-945.00	-935.00	-1,232
Other Gand A	250,251	276,798	252,808	233,780
Reconciled Cost Of Revenue	855.00	1,395	1,421	1,196
Total Expenses	262,836	305,941	280,719	258,911
Total Other Finance Cost	856.00	945.00	935.00	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash And Cash Equivalents	301,508	282,452	286,157	280,378
Cash Cash Equivalents And Short Term Investments	26.3M	23.8M	21.7M	20.3M
Cash Financial	301,508	282,452	286,157	280,378
Other Short Term Investments	26.0M	23.5M	21.4M	20.0M
Receivables	--	23.5M	21.4M	20.0M
Prepaid Assets	3,581	1,268	2,379	4,087
Current Assets	27.2M	25.1M	24.0M	23.3M
Total Non Current Assets	0.00	0.00	0.00	0.00
Total Assets	27.2M	25.1M	24.0M	23.3M
Accounts Payable	60,770	41,401	45,736	44,244
Payables	586,626	256,257	260,592	259,100
Payables And Accrued Expenses	664,201	315,857	300,942	283,700
Current Accrued Expenses	77,575	59,600	40,350	24,600
Current Liabilities	664,201	315,857	300,942	283,700
Total Non Current Liabilities Net Minority Interest	0.00	0.00	0.00	0.00
Total Liabilities Net Minority Interest	664,201	315,857	300,942	283,700
Common Stock	34.5M	34.5M	34.5M	34.5M
Capital Stock	34.5M	34.5M	34.5M	34.5M
Additional Paid In Capital	12.6M	12.6M	12.6M	12.6M
Retained Earnings	-20.6M	-22.3M	-23.5M	-24.1M
Common Stock Equity	26.5M	24.8M	23.7M	23.0M
Stockholders Equity	26.5M	24.8M	23.7M	23.0M
Total Equity Gross Minority Interest	26.5M	24.8M	23.7M	23.0M
Total Capitalization	26.5M	24.8M	23.7M	23.0M
Net Tangible Assets	26.5M	24.8M	23.7M	23.0M
Tangible Book Value	26.5M	24.8M	23.7M	23.0M
Working Capital	26.5M	24.8M	23.7M	23.0M
Invested Capital	26.5M	24.8M	23.7M	23.0M
Share Issued	28.6M	28.6M	28.6M	28.6M
Ordinary Shares Number	28.6M	28.6M	28.6M	28.6M
Current Deferred Assets	860,577	1.3M	2.3M	3.0M
Current Deferred Taxes Assets	860,577	1.3M	2.3M	3.0M
Dividends Payable	214,856	214,856	214,856	214,856
Income Tax Payable	311,000	0.00	--	--
Loans Receivable	--	23.5M	21.4M	20.0M
Non Current Deferred Assets	--	1.3M	2.3M	3.0M
Non Current Deferred Taxes Assets	--	1.3M	2.3M	3.0M
Total Tax Payable	311,000	0.00	--	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Operating Cash Flow	878,480	855,719	865,203	851,788
Cash Flow From Continuing Operating Activities	878,480	855,719	865,203	851,788
Deferred Tax	752,344	976,000	735,192	-3.0M
Deferred Income Tax	752,344	976,000	735,192	-3.0M
Change In Working Capital	35,031	16,026	18,950	34,125
Change In Receivables	--	--	--	0.00
Change In Payables And Accrued Expense	37,344	14,915	17,242	18,276
Other Non Cash Items	-2.8M	-2.3M	-1.9M	-1.6M
Common Stock Dividend Paid	-859,424	-859,424	-859,424	--
Financing Cash Flow	-859,424	-859,424	-859,424	-859,424
Cash Flow From Continuing Financing Activities	-859,424	-859,424	-859,424	-859,424
Changes In Cash	19,056	-3,705	5,779	-7,636
Beginning Cash Position	282,452	286,157	280,378	288,014
End Cash Position	301,508	282,452	286,157	280,378
Free Cash Flow	878,480	855,719	865,203	851,788
Cash Dividends Paid	-859,424	-859,424	-859,424	-859,424
Change In Prepaid Assets	-2,313	1,111	1,708	15,849
Net Income From Continuing Operations	2.6M	2.0M	1.5M	5.4M
Provisionand Write Offof Assets	252,500	35,500	-17,500	28,500
Unrealized Gain Loss On Investment Securities	0.00	141,362	520,868	14,558