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FORT TECHNOLOGY INC

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
Total Revenue 9.9M 6.6M --
Operating Revenue 10.1M 6.7M --
Cost Of Revenue 8.2M 5.8M --
Gross Profit 1.6M 800,000 --
Selling General And Administration 875,000 416,000 --
General And Administrative Expense 219,000 227,000 --
Depreciation And Amortization In Income Statement 58,000 39,000 --
Other Operating Expenses 49,000 26,000 --
Operating Expense 982,000 481,000 --
Operating Income 667,000 319,000 --
EBIT 514,000 -14,000 --
Interest Expense 17,000 0.00 --
Interest Expense Non Operating 17,000 0.00 --
Interest Income 10,000 2,000 --
Interest Income Non Operating 10,000 2,000 --
Net Interest Income -20,000 2,000 --
Other Income Expense -150,000 -335,000 --
Other Non Operating Income Expenses -139,000 -37,000 --
Special Income Charges 0.00 -337,000 --
Write Off 0.00 337,000 --
Gain On Sale Of Security -11,000 39,000 --
Pretax Income 497,000 -14,000 --
Tax Provision 137,000 78,000 --
Tax Effect Of Unusual Items -3,032 -119,200 --
Net Income From Continuing And Discontinued Operation 360,000 -92,000 --
Net Income From Continuing Operation Net Minority Interest 360,000 -92,000 --
Net Income Including Noncontrolling Interests 360,000 -92,000 --
Net Income Common Stockholders 360,000 -92,000 --
Net Income 360,000 -92,000 --
EBITDA 572,000 25,000 --
Normalized EBITDA 583,000 323,000 --
Reconciled Depreciation 58,000 39,000 --
Basic EPS 0.13 -0.03 --
Diluted EPS 0.13 -0.03 --
Basic Average Shares 2.7M 2.7M --
Diluted Average Shares 2.7M 2.7M --
Total Unusual Items -11,000 -298,000 --
Total Unusual Items Excluding Goodwill -11,000 -298,000 --
Tax Rate For Calcs 0.28 0.40 --
Normalized Income 367,968 86,800 --
Depreciation Amortization Depletion Income Statement 58,000 39,000 --
Depreciation Income Statement 58,000 39,000 --
Diluted NI Availto Com Stockholders 360,000 -92,000 --
Net Income Continuous Operations 360,000 -92,000 --
Net Non Operating Interest Income Expense -20,000 2,000 --
Other Gand A 194,000 79,000 --
Reconciled Cost Of Revenue 8.2M 5.8M --
Salaries And Wages 25,000 148,000 --
Selling And Marketing Expense 656,000 189,000 --
Total Expenses 9.2M 6.3M --
Total Operating Income As Reported 528,000 -55,000 --
Total Other Finance Cost 13,000 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022
Cash And Cash Equivalents 546,000 210,000 727,000
Cash Cash Equivalents And Short Term Investments 546,000 210,000 727,000
Accounts Receivable 116,000 208,000 307,000
Receivables 167,000 815,000 660,000
Inventory 3.1M 924,000 377,000
Current Assets 3.8M 1.9M 1.8M
Gross PPE 465,000 67,000 25,000
Accumulated Depreciation -80,000 -30,000 --
Net PPE 385,000 37,000 25,000
Total Non Current Assets 385,000 37,000 25,000
Total Assets 4.2M 2.0M 1.8M
Current Debt And Capital Lease Obligation 48,000 36,000 --
Accounts Payable 505,000 499,000 168,000
Payables 2.5M 901,000 427,000
Payables And Accrued Expenses 2.5M 906,000 427,000
Current Accrued Expenses 59,000 5,000 --
Current Liabilities 2.6M 942,000 427,000
Long Term Debt And Capital Lease Obligation 199,000 0.00 0.00
Long Term Capital Lease Obligation 199,000 0.00 0.00
Total Non Current Liabilities Net Minority Interest 232,000 0.00 4,000
Total Liabilities Net Minority Interest 2.8M 942,000 431,000
Common Stock 0.00 0.00 0.00
Capital Stock 0.00 0.00 0.00
Retained Earnings 1.4M 1.0M 1.4M
Common Stock Equity 1.4M 1.0M 1.4M
Stockholders Equity 1.4M 1.0M 1.4M
Total Equity Gross Minority Interest 1.4M 1.0M 1.4M
Total Capitalization 1.4M 1.0M 1.4M
Net Tangible Assets 1.4M 1.0M 1.4M
Tangible Book Value 1.4M 1.0M 1.4M
Working Capital 1.3M 1.0M 1.3M
Invested Capital 1.4M 1.0M 1.4M
Total Debt 247,000 36,000 0.00
Share Issued 4.0M 4.0M 4.0M
Ordinary Shares Number 4.0M 4.0M 4.0M
Buildings And Improvements 330,000 57,000 --
Capital Lease Obligations 247,000 36,000 0.00
Current Capital Lease Obligation 48,000 36,000 0.00
Duefrom Related Parties Current 0.00 284,000 338,000
Finished Goods 3.1M 924,000 377,000
Interest Payable 7,000 0.00 --
Non Current Deferred Liabilities 33,000 0.00 4,000
Non Current Deferred Taxes Liabilities 33,000 0.00 4,000
Other Payable 2.0M 402,000 259,000
Other Properties 135,000 10,000 25,000
Other Receivables 51,000 323,000 15,000
Properties 0.00 0.00 --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022
Operating Cash Flow 523,000 -306,000 --
Cash Flow From Continuing Operating Activities 524,000 -306,000 --
Depreciation And Amortization 58,000 39,000 --
Depreciation Amortization Depletion 58,000 39,000 --
Deferred Tax 33,000 -4,000 --
Deferred Income Tax 33,000 -4,000 --
Change In Working Capital 81,000 -222,000 --
Changes In Account Receivables 92,000 99,000 --
Change In Receivables 2.4M -155,000 --
Change In Inventory -2.2M -547,000 --
Change In Payables And Accrued Expense -147,000 480,000 --
Change In Payable -147,000 480,000 --
Other Non Cash Items -5,000 3,000 --
Capital Expenditure -132,000 -2,000 --
Purchase Of PPE -132,000 -2,000 --
Net PPE Purchase And Sale -132,000 -2,000 --
Investing Cash Flow -132,000 -2,000 --
Cash Flow From Continuing Investing Activities -132,000 -2,000 --
Repayment Of Debt -59,000 -24,000 --
Net Issuance Payments Of Debt -59,000 -24,000 --
Common Stock Dividend Paid 0.00 -223,000 --
Financing Cash Flow -59,000 -247,000 --
Cash Flow From Continuing Financing Activities -59,000 -247,000 --
Effect Of Exchange Rate Changes 4,000 38,000 --
Changes In Cash 332,000 -555,000 --
Beginning Cash Position 210,000 727,000 --
End Cash Position 546,000 210,000 --
Free Cash Flow 391,000 -308,000 --
Income Tax Paid Supplemental Data 158,000 0.00 --
Interest Paid Supplemental Data 17,000 0.00 --
Cash Dividends Paid 0.00 -223,000 --
Depreciation 58,000 39,000 --
Gain Loss On Sale Of PPE 0.00 8,000 --
Long Term Debt Payments -59,000 -24,000 --
Net Foreign Currency Exchange Gain Loss -4,000 -38,000 --
Net Income From Continuing Operations 360,000 -92,000 --
Net Long Term Debt Issuance -59,000 -24,000 --
Operating Gains Losses -4,000 -30,000 --
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