Consolidated Firstfund Capital Corp.
Financial Statements (IFRS) · Amounts in CAD
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 | 403,259 | 358,096 | 330,416 | 311,884 |
| Operating Revenue | 403,259 | 358,096 | 330,416 | 311,884 |
| Cost Of Revenue | 211,114 | 147,467 | 133,220 | 104,067 |
| Gross Profit | 192,145 | 210,629 | 197,196 | 207,817 |
| Selling General And Administration | 151,002 | 170,716 | 134,830 | 135,859 |
| General And Administrative Expense | 151,002 | 170,689 | 134,830 | 135,859 |
| Other Operating Expenses | -- | -- | -- | 1,757 |
| Operating Expense | 151,002 | 170,716 | 134,830 | 135,859 |
| Operating Income | 41,143 | 39,913 | 62,366 | 71,958 |
| EBIT | 41,143 | 39,913 | -370,213 | -141,450 |
| Interest Expense | -- | 0.00 | 4,217 | 2,108 |
| Interest Expense Non Operating | -- | 0.00 | 4,217 | 2,108 |
| Net Interest Income | -- | 0.00 | -4,217 | -2,108 |
| Other Income Expense | -215,237 | -37,031 | -432,579 | -213,408 |
| Other Non Operating Income Expenses | 1,926 | 1,603 | 1,870 | 2,033 |
| Gain On Sale Of Security | -217,163 | -38,634 | -434,449 | -215,441 |
| Pretax Income | -174,094 | 2,882 | -374,430 | -143,558 |
| Tax Provision | -28,503 | -4,683 | -57,682 | -28,098 |
| Tax Effect Of Unusual Items | -35,554 | -15,454 | -66,928 | -42,167 |
| Net Income From Continuing And Discontinued Operation | -145,591 | 7,565 | -316,748 | -115,460 |
| Net Income From Continuing Operation Net Minority Interest | -145,591 | 7,565 | -316,748 | -115,460 |
| Net Income Including Noncontrolling Interests | -145,591 | 7,565 | -316,748 | -115,460 |
| Net Income Common Stockholders | -145,591 | 7,565 | -316,748 | -115,460 |
| Net Income | -145,591 | 7,565 | -316,748 | -115,460 |
| EBITDA | 41,143 | 39,913 | -370,124 | -141,093 |
| Normalized EBITDA | 258,306 | 78,547 | 64,325 | 74,348 |
| Reconciled Depreciation | -- | 0.00 | 89.00 | 357.00 |
| Basic EPS | -0.02 | 0.00 | -0.05 | -0.02 |
| Diluted EPS | -0.02 | 0.00 | -0.05 | -0.02 |
| Basic Average Shares | 6.2M | 6.2M | 6.2M | 6.2M |
| Diluted Average Shares | 6.2M | 6.2M | 6.2M | 6.2M |
| Total Unusual Items | -217,163 | -38,634 | -434,449 | -215,441 |
| Total Unusual Items Excluding Goodwill | -217,163 | -38,634 | -434,449 | -215,441 |
| Tax Rate For Calcs | 0.16 | 0.40 | 0.15 | 0.20 |
| Normalized Income | 36,018 | 30,745 | 50,773 | 57,814 |
| Diluted NI Availto Com Stockholders | -145,591 | 7,565 | -316,748 | -115,460 |
| Net Income Continuous Operations | -145,591 | 7,565 | -316,748 | -115,460 |
| Net Non Operating Interest Income Expense | -- | 0.00 | -4,217 | -2,108 |
| Other Gand A | 151,002 | 144,139 | 134,830 | 135,859 |
| Reconciled Cost Of Revenue | 211,114 | 147,467 | 133,220 | 104,067 |
| Salaries And Wages | 0.00 | 26,550 | 0.00 | -- |
| Selling And Marketing Expense | 0.00 | 27.00 | 0.00 | -- |
| Total Expenses | 362,116 | 318,183 | 268,050 | 239,926 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 88,750 | 228,939 | 164,659 | 208,046 |
| Cash Cash Equivalents And Short Term Investments | 295,762 | 228,939 | 164,659 | 208,046 |
| Cash Financial | 88,750 | 228,939 | 164,659 | 208,046 |
| Other Short Term Investments | 207,012 | 0.00 | -- | -- |
| Accounts Receivable | 7,253 | 10,009 | 3,753 | 3,846 |
| Receivables | 9,023 | 10,861 | 5,313 | 4,540 |
| Prepaid Assets | 508.00 | 545.00 | 430.00 | 3,455 |
| Current Assets | 305,293 | 240,345 | 170,402 | 216,041 |
| Gross PPE | 23,975 | 26,165 | 26,165 | 26,165 |
| Accumulated Depreciation | -18,891 | -21,081 | -21,081 | -20,992 |
| Net PPE | 5,084 | 5,084 | 5,084 | 5,173 |
| Investments And Advances | 129,130 | 342,390 | 377,433 | 808,953 |
| Total Non Current Assets | 296,059 | 495,418 | 525,778 | 899,705 |
| Total Assets | 601,352 | 735,763 | 696,180 | 1.1M |
| Accounts Payable | 52,215 | 43,710 | 41,005 | 76,286 |
| Payables | 53,259 | 44,479 | 41,411 | 146,629 |
| Payables And Accrued Expenses | 53,259 | 44,479 | 41,411 | 146,629 |
| Other Current Liabilities | 116,800 | 114,400 | 112,000 | 109,600 |
| Current Liabilities | 170,059 | 158,879 | 153,411 | 256,229 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 170,059 | 158,879 | 153,411 | 256,229 |
| Common Stock | 3.6M | 3.6M | 3.6M | 3.6M |
| Capital Stock | 3.6M | 3.6M | 3.6M | 3.6M |
| Retained Earnings | -3.4M | -3.2M | -3.2M | -2.9M |
| Gains Losses Not Affecting Retained Earnings | -- | -- | 197,436 | 197,436 |
| Common Stock Equity | 431,293 | 576,884 | 542,769 | 859,517 |
| Stockholders Equity | 431,293 | 576,884 | 542,769 | 859,517 |
| Total Equity Gross Minority Interest | 431,293 | 576,884 | 542,769 | 859,517 |
| Total Capitalization | 431,293 | 576,884 | 542,769 | 859,517 |
| Net Tangible Assets | 431,293 | 576,884 | 542,769 | 859,517 |
| Tangible Book Value | 431,293 | 576,884 | 542,769 | 859,517 |
| Working Capital | 135,234 | 81,466 | 16,991 | -40,188 |
| Invested Capital | 431,293 | 576,884 | 542,769 | 859,517 |
| Share Issued | 6.2M | 6.2M | 6.2M | 6.2M |
| Ordinary Shares Number | 6.2M | 6.2M | 6.2M | 6.2M |
| Duefrom Related Parties Non Current | -- | -- | -- | 14,602 |
| Dueto Related Parties Current | 1,044 | 769.00 | 406.00 | 70,343 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 129,130 | 342,390 | 377,433 | 808,953 |
| Investmentin Financial Assets | 129,130 | 342,390 | 377,433 | 808,953 |
| Machinery Furniture Equipment | 23,975 | 26,165 | 26,165 | 26,165 |
| Minimum Pension Liabilities | -- | -- | 197,436 | 197,436 |
| Non Current Accounts Receivable | -- | 14,602 | 14,602 | 14,602 |
| Non Current Deferred Assets | 161,845 | 133,342 | 128,659 | 70,977 |
| Non Current Deferred Taxes Assets | 161,845 | 133,342 | 128,659 | 70,977 |
| Other Equity Interest | 223,986 | 223,986 | 197,436 | 197,436 |
| Taxes Receivable | 1,770 | 852.00 | 1,560 | 694.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 45,209 | 64,280 | 86,613 | 48,735 |
| Cash Flow From Continuing Operating Activities | 45,209 | 64,280 | 86,613 | 48,735 |
| Depreciation And Amortization | -- | 0.00 | 89.00 | 357.00 |
| Depreciation Amortization Depletion | -- | 0.00 | 89.00 | 357.00 |
| Stock Based Compensation | 0.00 | 26,550 | 0.00 | -- |
| Deferred Tax | -28,503 | -4,683 | -57,682 | -28,098 |
| Deferred Income Tax | -28,503 | -4,683 | -57,682 | -28,098 |
| Change In Working Capital | 10,655 | -2,595 | 2,817 | 3,492 |
| Changes In Account Receivables | 1,838 | -5,548 | -773.00 | 2,224 |
| Change In Receivables | 1,838 | -5,548 | -773.00 | 2,224 |
| Change In Payables And Accrued Expense | 8,780 | 3,068 | 565.00 | 1,277 |
| Change In Payable | 8,780 | 3,068 | 565.00 | 1,277 |
| Other Non Cash Items | -7,012 | -- | 24,217 | -24,217 |
| Purchase Of Investment | -200,000 | 0.00 | -- | -- |
| Net Investment Purchase And Sale | -200,000 | 0.00 | -- | -- |
| Investing Cash Flow | -185,398 | 0.00 | -- | -- |
| Cash Flow From Continuing Investing Activities | -185,398 | 0.00 | -- | -- |
| Issuance Of Debt | -- | -- | 0.00 | 60,000 |
| Repayment Of Debt | -- | 0.00 | -60,000 | 0.00 |
| Net Issuance Payments Of Debt | -- | 0.00 | -60,000 | 60,000 |
| Financing Cash Flow | -- | 0.00 | -130,000 | 50,000 |
| Cash Flow From Continuing Financing Activities | -- | 0.00 | -130,000 | 50,000 |
| Changes In Cash | -140,189 | 64,280 | -43,387 | 98,735 |
| Beginning Cash Position | 228,939 | 164,659 | 208,046 | 109,311 |
| End Cash Position | 88,750 | 228,939 | 164,659 | 208,046 |
| Free Cash Flow | 45,209 | 64,280 | 86,613 | 48,735 |
| Change In Account Payable | 8,505 | 2,705 | 502.00 | 1,705 |
| Change In Prepaid Assets | 37.00 | -115.00 | 3,025 | -9.00 |
| Depreciation | -- | 0.00 | 89.00 | 357.00 |
| Gain Loss On Investment Securities | 2,400 | 2,400 | 2,400 | 2,400 |
| Long Term Debt Issuance | -- | -- | -- | 60,000 |
| Net Income From Continuing Operations | -145,591 | 7,565 | -316,748 | -115,460 |
| Net Long Term Debt Issuance | -- | -- | -- | 60,000 |
| Net Other Financing Charges | -- | -- | -70,000 | -10,000 |
| Net Other Investing Changes | 14,602 | -- | -- | -- |
| Net Short Term Debt Issuance | -- | 0.00 | -60,000 | 60,000 |
| Operating Gains Losses | 2,400 | 2,400 | 2,400 | 2,400 |
| Short Term Debt Issuance | -- | -- | 0.00 | 60,000 |
| Short Term Debt Payments | -- | 0.00 | -60,000 | 0.00 |
| Unrealized Gain Loss On Investment Securities | 213,260 | 35,043 | 431,520 | 210,261 |