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Flint Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 710.6M 655.7M 604.7M 389.4M
Operating Revenue 710.6M 655.7M 604.7M 389.4M
Cost Of Revenue 635.6M 588.2M 541.5M 349.1M
Gross Profit 74.9M 67.5M 63.1M 40.3M
Selling General And Administration 44.3M 39.1M 40.3M 28.5M
General And Administrative Expense 42.3M 37.1M 38.7M 28.5M
Depreciation And Amortization In Income Statement 11.0M 10.5M 11.0M 12.9M
Other Operating Expenses -- -- -- -16.1M
Operating Expense 55.2M 49.6M 51.3M 25.3M
Operating Income 19.7M 17.9M 11.8M 15.0M
EBIT 20.2M 5.3M 4.3M 6.5M
Interest Expense 18.6M 18.2M 16.7M 15.8M
Interest Expense Non Operating 18.6M 18.2M 16.7M 15.8M
Interest Income 51,000 -- 17,000 --
Interest Income Non Operating 51,000 -- 17,000 --
Net Interest Income -18.8M -18.5M -16.9M -15.9M
Other Income Expense 742,000 -12.3M -7.4M -8.4M
Other Non Operating Income Expenses 500,000 142,000 -- 149,000
Special Income Charges -152,000 -12.6M -7.5M -8.9M
Restructuring And Mergern Acquisition 1.6M 1.5M 4.2M 903,000
Gain On Sale Of Security 394,000 192,000 141,000 534,000
Earnings From Equity Interest -- -- -- 534,000
Pretax Income 1.6M -12.9M -12.4M -9.3M
Tax Provision -- -- -- 0.00
Tax Effect Of Unusual Items 36,300 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation 1.3M -12.9M -13.0M -9.3M
Net Income From Continuing Operation Net Minority Interest 1.6M -12.9M -12.4M -9.3M
Net Income Including Noncontrolling Interests 1.3M -12.9M -13.0M -9.3M
Net Income Common Stockholders 1.3M -12.9M -13.0M -9.3M
Net Income 1.3M -12.9M -13.0M -9.3M
EBITDA 31.2M 15.8M 15.3M 19.4M
Normalized EBITDA 30.9M 28.2M 22.6M 27.8M
Reconciled Depreciation 11.0M 10.5M 11.0M 12.9M
Basic EPS 0.40 -4.80 -4.80 -3.20
Diluted EPS 0.40 -4.80 -4.80 -3.20
Basic Average Shares 2.8M 2.8M 2.8M 2.7M
Diluted Average Shares 2.8M 2.8M 2.8M 2.7M
Total Unusual Items 242,000 -12.4M -7.4M -8.4M
Total Unusual Items Excluding Goodwill 242,000 -12.4M -7.4M -8.4M
Tax Rate For Calcs 0.15 0.00 0.00 0.00
Normalized Income 1.4M -465,000 -5.1M -895,000
Amortization 266,000 401,000 563,000 669,000
Amortization Of Intangibles Income Statement 266,000 401,000 563,000 669,000
Depreciation Amortization Depletion Income Statement 11.0M 10.5M 11.0M 12.9M
Depreciation Income Statement 10.7M 10.1M 10.5M 12.2M
Diluted NI Availto Com Stockholders 1.3M -12.9M -13.0M -9.3M
Gain On Sale Of Ppe 1.5M 382,000 350,000 238,000
Impairment Of Capital Assets 0.00 11.5M 3.7M 8.3M
Insurance And Claims 1.6M 2.0M 1.5M 1.6M
Net Income Continuous Operations 1.6M -12.9M -12.4M -9.3M
Net Income Discontinuous Operations -353,000 -13,000 -548,000 -12,000
Net Non Operating Interest Income Expense -18.8M -18.5M -16.9M -15.9M
Other Gand A 4.2M 3.3M 6.2M 4.7M
Reconciled Cost Of Revenue 635.6M 588.2M 541.5M 349.1M
Rent And Landing Fees 5.0M 4.4M 3.3M 2.6M
Rent Expense Supplemental 5.0M 4.4M 3.3M 2.6M
Salaries And Wages 31.4M 27.3M 27.6M 19.7M
Selling And Marketing Expense 2.0M 2.0M 1.6M 1.1M
Total Expenses 690.9M 637.8M 592.8M 374.4M
Total Other Finance Cost 263,000 361,000 238,000 181,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 11.0M 9.7M 3.1M 21.7M
Cash Cash Equivalents And Short Term Investments 11.0M 9.7M 3.1M 21.7M
Cash Financial 11.0M 9.7M 3.1M 21.7M
Accounts Receivable 162.2M 139.9M 159.4M 107.2M
Receivables 162.2M 139.9M 159.4M 107.2M
Inventory 4.0M 6.3M 5.7M 5.5M
Prepaid Assets 3.5M 2.9M 2.4M 2.1M
Current Assets 180.6M 158.8M 170.7M 136.5M
Gross PPE 141.4M 141.9M 127.7M 119.6M
Accumulated Depreciation -88.6M -86.2M -74.1M -64.6M
Net PPE 52.8M 55.7M 53.7M 55.0M
Goodwill 0.00 0.00 4.3M 7.9M
Goodwill And Other Intangible Assets 1.2M 1.5M 9.1M 13.4M
Other Intangible Assets 1.2M 1.5M 4.8M 5.4M
Investments And Advances 655,000 661,000 469,000 678,000
Total Non Current Assets 54.6M 57.8M 63.3M 69.0M
Total Assets 235.2M 216.6M 234.0M 205.5M
Current Debt 539,000 1.4M 1.4M 41.9M
Current Debt And Capital Lease Obligation 10.6M 10.4M 9.9M 49.4M
Payables And Accrued Expenses 64.3M 50.0M 57.9M 34.9M
Other Current Liabilities -- -- -- 63,000
Current Liabilities 77.7M 63.1M 70.6M 84.7M
Long Term Debt 185.5M 180.6M 181.2M 123.9M
Long Term Debt And Capital Lease Obligation 208.1M 205.8M 203.1M 147.7M
Long Term Capital Lease Obligation 22.6M 25.2M 21.9M 23.9M
Total Non Current Liabilities Net Minority Interest 211.4M 208.7M 205.6M 150.0M
Total Liabilities Net Minority Interest 289.1M 271.8M 276.2M 234.7M
Common Stock 462.1M 462.1M 462.1M 462.1M
Capital Stock 604.0M 604.0M 604.0M 604.0M
Additional Paid In Capital 20.7M 20.7M 20.7M 20.7M
Retained Earnings -678.5M -679.8M -666.9M -653.9M
Common Stock Equity -195.8M -197.1M -184.2M -171.2M
Stockholders Equity -53.9M -55.1M -42.2M -29.2M
Total Equity Gross Minority Interest -53.9M -55.1M -42.2M -29.2M
Total Capitalization 131.6M 125.4M 139.0M 94.6M
Net Tangible Assets -55.1M -56.6M -51.4M -42.6M
Tangible Book Value -197.0M -198.5M -193.3M -184.5M
Working Capital 102.9M 95.7M 100.1M 51.7M
Invested Capital -9.8M -15.1M -1.5M -5.4M
Total Debt 218.6M 216.2M 213.0M 197.1M
Net Debt 175.1M 172.3M 179.5M 144.1M
Share Issued 2.8M 2.8M 2.8M 2.7M
Ordinary Shares Number 2.8M 2.8M 2.8M 2.7M
Capital Lease Obligations 32.6M 34.2M 30.3M 31.4M
Current Capital Lease Obligation 10.0M 9.0M 8.4M 7.5M
Current Deferred Liabilities -- -- 0.00 416,000
Employee Benefits 3.3M 2.9M 2.5M 2.2M
Finished Goods 765,000 1.9M 1.8M 2.3M
Land And Improvements 16.8M 18.5M 18.5M 18.5M
Leases 41.4M 39.9M 32.1M 34.9M
Line Of Credit -- -- -- 40.4M
Machinery Furniture Equipment 83.2M 83.5M 77.1M 66.2M
Other Current Borrowings 539,000 1.4M 1.4M 41.9M
Pensionand Other Post Retirement Benefit Plans Current 2.9M 2.7M 2.8M 0.00
Preferred Stock 141.9M 141.9M 141.9M 141.9M
Preferred Stock Equity 141.9M 141.9M 141.9M 141.9M
Properties 0.00 0.00 0.00 0.00
Raw Materials 3.2M 4.3M 3.9M 3.2M
Work In Process -- -- -- 50,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 10.5M 30.0M -16.0M 2.2M
Cash Flow From Continuing Operating Activities 10.5M 30.0M -16.0M 2.2M
Depreciation And Amortization 11.0M 10.5M 11.0M 12.9M
Depreciation Amortization Depletion 11.0M 10.5M 11.0M 12.9M
Stock Based Compensation -- -- -- 2.2M
Change In Working Capital -5.7M 11.2M -26.7M -15.6M
Changes In Account Receivables -22.3M 19.5M -52.2M -17.4M
Change In Receivables -22.3M 19.5M -52.2M -17.4M
Change In Inventory 2.3M -522,000 -197,000 1.8M
Change In Payables And Accrued Expense 14.9M -7.6M 26.1M 129,000
Other Non Cash Items 5.8M 10.4M 9.5M 4.5M
Capital Expenditure -2.9M -4.3M -2.1M -1.5M
Purchase Of PPE -2.9M -4.3M -2.1M -1.5M
Net PPE Purchase And Sale 2.0M -2.9M -1.3M 178,000
Purchase Of Business -- -- 0.00 -1.2M
Sale Of Investment -- 0.00 350,000 250,000
Net Investment Purchase And Sale -- 0.00 350,000 250,000
Investing Cash Flow 2.4M -2.9M -1.4M -1.2M
Cash Flow From Continuing Investing Activities 2.4M -2.9M -1.4M -1.2M
Issuance Of Debt -- -- 9.9M 0.00
Repayment Of Debt -11.5M -20.5M -10.0M -9.7M
Net Issuance Payments Of Debt -11.5M -20.5M -97,000 -9.7M
Financing Cash Flow -11.7M -20.5M -1.2M -9.8M
Cash Flow From Continuing Financing Activities -11.7M -20.5M -1.2M -9.8M
Changes In Cash 1.3M 6.6M -18.5M -8.8M
Beginning Cash Position 9.7M 3.1M 21.7M 30.5M
End Cash Position 11.0M 9.7M 3.1M 21.7M
Free Cash Flow 7.6M 25.7M -18.1M 695,000
Amortization Cash Flow 266,000 401,000 563,000 669,000
Amortization Of Intangibles 266,000 401,000 563,000 669,000
Asset Impairment Charge 0.00 11.5M 3.7M 8.3M
Change In Prepaid Assets -607,000 -184,000 -380,000 -171,000
Depreciation 10.7M 10.1M 10.5M 12.2M
Dividends Received Cfi 400,000 0.00 -- --
Earnings Losses From Equity Investments -- -- -141,000 -534,000
Gain Loss On Investment Securities -394,000 -192,000 -141,000 --
Gain Loss On Sale Of PPE -1.5M -382,000 -350,000 -238,000
Long Term Debt Issuance -- -- 9.9M 0.00
Long Term Debt Payments -11.5M -20.5M -10.0M -9.7M
Net Business Purchase And Sale -- -- 0.00 -1.2M
Net Income From Continuing Operations 1.3M -12.9M -13.0M -9.3M
Net Intangibles Purchase And Sale -- -- 0.00 -22,000
Net Long Term Debt Issuance -11.5M -20.5M -97,000 -9.7M
Net Other Financing Charges -199,000 -11,000 -1.1M -132,000
Net Other Investing Changes -- -- -433,000 -433,000
Operating Gains Losses -1.8M -574,000 -491,000 1.5M
Pension And Employee Benefit Expense -- -- 3.1M 2.2M
Purchase Of Intangibles -- -- 0.00 -22,000
Sale Of PPE 5.0M 1.4M 788,000 1.7M
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