NG Energy International Corp.
Financial Statements (IFRS) · Amounts in CAD
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 | 13.9M | 10.0M | 6.4M | 8.7M | 9.1M |
| Operating Revenue | 13.9M | 10.0M | 6.4M | 8.7M | 9.1M |
| Cost Of Revenue | 7.1M | 6.0M | 2.7M | 3.8M | 3.9M |
| Gross Profit | 6.8M | 4.0M | 3.7M | 4.9M | 5.2M |
| Selling General And Administration | 3.3M | 2.8M | 2.1M | 2.2M | 5.0M |
| General And Administrative Expense | 3.3M | 2.8M | 2.1M | 2.2M | 5.0M |
| Other Operating Expenses | 4.6M | 4.8M | 3.5M | 3.9M | 1.5M |
| Operating Expense | 7.9M | 7.6M | 5.6M | 6.1M | 6.5M |
| Operating Income | -1.1M | -3.7M | -1.9M | -1.2M | -1.3M |
| EBIT | -2.0M | -4.6M | -2.9M | -4.7M | -2.7M |
| Interest Expense | 5.1M | 3.4M | 2.9M | 3.2M | 3.2M |
| Interest Expense Non Operating | 5.1M | 3.4M | 2.9M | 3.2M | 3.2M |
| Interest Income | 68,541 | 50,727 | 61,602 | 141,969 | 66,134 |
| Interest Income Non Operating | 68,541 | 50,727 | 61,602 | 141,969 | 66,134 |
| Net Interest Income | -5.8M | -4.1M | -3.6M | -5.5M | -4.0M |
| Other Income Expense | -182,474 | -281,645 | -336,453 | -1.3M | -673,741 |
| Other Non Operating Income Expenses | -- | -- | -628,892 | -- | -- |
| Special Income Charges | -1.0M | -194,652 | 0.00 | 1.7M | -726,667 |
| Restructuring And Mergern Acquisition | 265,509 | 194,652 | -- | -- | 0.00 |
| Write Off | 736,732 | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 819,767 | -86,993 | 292,439 | -640,303 | 52,926 |
| Pretax Income | -7.1M | -8.1M | -5.8M | -7.9M | -5.9M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | -791,155 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | -89,718 |
| Net Income From Continuing And Discontinued Operation | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| Net Income From Continuing Operation Net Minority Interest | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| Net Income Including Noncontrolling Interests | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| Net Income Common Stockholders | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| Net Income | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| EBITDA | 1.7M | -2.2M | -1.3M | -2.4M | -346,571 |
| Normalized EBITDA | 1.9M | -2.0M | -1.6M | -3.5M | 327,170 |
| Reconciled Depreciation | 3.7M | 2.4M | 1.6M | 2.2M | 2.3M |
| Basic EPS | -0.03 | -0.03 | -0.02 | -- | -0.02 |
| Diluted EPS | -0.03 | -0.03 | -0.02 | -- | -0.02 |
| Basic Average Shares | 258.3M | 257.9M | 256.1M | -- | 227.4M |
| Diluted Average Shares | 258.3M | 257.9M | 256.1M | -- | 227.4M |
| Total Unusual Items | -182,474 | -281,645 | 292,439 | 1.0M | -673,741 |
| Total Unusual Items Excluding Goodwill | -182,474 | -281,645 | 292,439 | 1.0M | -673,741 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 |
| Normalized Income | -6.9M | -7.8M | -6.1M | -9.0M | -4.6M |
| Diluted NI Availto Com Stockholders | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| Gain On Sale Of Ppe | -- | -194,652 | -- | -- | -- |
| Impairment Of Capital Assets | 0.00 | 0.00 | -- | -177,457 | 0.00 |
| Net Income Continuous Operations | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| Net Non Operating Interest Income Expense | -5.8M | -4.1M | -3.6M | -5.5M | -4.0M |
| Other Gand A | 2.7M | 2.3M | 1.7M | -4.0M | 2.2M |
| Other Special Charges | -- | -- | -- | -1.5M | 726,667 |
| Reconciled Cost Of Revenue | 7.1M | 6.0M | 2.7M | 3.8M | 3.9M |
| Salaries And Wages | 650,483 | 481,178 | 430,058 | 3.9M | 2.8M |
| Total Expenses | 15.0M | 13.7M | 8.3M | 9.9M | 10.4M |
| Total Other Finance Cost | 758,809 | 710,126 | 691,498 | 2.4M | 790,159 |
| 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 | 13.8M | 5.0M | 16.9M | 8.2M | 19.1M |
| Cash Cash Equivalents And Short Term Investments | 13.8M | 5.0M | 16.9M | 8.2M | 19.1M |
| Accounts Receivable | 15.9M | 12.8M | 6.4M | 3.5M | 5.2M |
| Receivables | 15.9M | 12.8M | 6.4M | 6.8M | 5.2M |
| Inventory | 165,249 | 165,249 | 165,249 | 165,249 | 146,944 |
| Prepaid Assets | 1.3M | 1.8M | 1.1M | 862,875 | 601,239 |
| Current Assets | 91.4M | 50.5M | 46.1M | 37.1M | 25.1M |
| Gross PPE | 161.2M | 136.5M | 81.2M | 80.0M | 101.2M |
| Accumulated Depreciation | -22.1M | -18.5M | -16.1M | -14.5M | -14.0M |
| Net PPE | 139.1M | 118.0M | 65.1M | 65.5M | 87.2M |
| Other Non Current Assets | 38,961 | 36,627 | 8.2M | 8.2M | 8.2M |
| Total Non Current Assets | 143.7M | 120.9M | 76.4M | 76.4M | 98.9M |
| Total Assets | 235.0M | 171.4M | 122.4M | 113.5M | 124.0M |
| Current Debt | -- | -- | -- | -- | 1.6M |
| Current Debt And Capital Lease Obligation | 25.6M | 25.7M | 15.7M | 15.7M | 18.0M |
| Accounts Payable | -- | -- | -- | 9.1M | -- |
| Payables | -- | -- | -- | 12.8M | -- |
| Payables And Accrued Expenses | 27.0M | 20.0M | 12.2M | 14.9M | 13.1M |
| Current Accrued Expenses | -- | -- | -- | 2.1M | -- |
| Other Current Liabilities | 26.6M | 680,489 | 680,489 | 680,489 | -- |
| Current Liabilities | 119.2M | 66.4M | 48.6M | 31.3M | 31.1M |
| Long Term Debt | 17.2M | 19.5M | 21.1M | 23.2M | 26.6M |
| Long Term Debt And Capital Lease Obligation | 86.7M | 70.5M | 31.4M | 34.3M | 41.3M |
| Long Term Capital Lease Obligation | 69.5M | 51.0M | 10.2M | 11.1M | 14.7M |
| Total Non Current Liabilities Net Minority Interest | 90.6M | 73.6M | 34.4M | 37.3M | 43.7M |
| Total Liabilities Net Minority Interest | 209.8M | 140.0M | 83.0M | 68.6M | 74.9M |
| Common Stock | 188.5M | 188.2M | 188.0M | 185.7M | 185.2M |
| Capital Stock | 188.5M | 188.2M | 188.0M | 185.7M | 185.2M |
| Additional Paid In Capital | 32.9M | 32.6M | 32.1M | 34.0M | 33.6M |
| Retained Earnings | -212.4M | -205.3M | -197.2M | -191.4M | -183.4M |
| Gains Losses Not Affecting Retained Earnings | -484,745 | -714,364 | -126,052 | -160,085 | -318,397 |
| Other Equity Adjustments | -484,745 | -714,364 | -126,052 | -160,085 | -318,397 |
| Common Stock Equity | 25.3M | 31.4M | 39.5M | 44.8M | 49.2M |
| Stockholders Equity | 25.3M | 31.4M | 39.5M | 44.8M | 49.2M |
| Total Equity Gross Minority Interest | 25.3M | 31.4M | 39.5M | 44.8M | 49.2M |
| Total Capitalization | 42.5M | 50.9M | 60.6M | 68.1M | 75.8M |
| Net Tangible Assets | 25.3M | 31.4M | 39.5M | 44.8M | 49.2M |
| Tangible Book Value | 25.3M | 31.4M | 39.5M | 44.8M | 49.2M |
| Working Capital | -27.8M | -15.9M | -2.5M | 5.8M | -6.0M |
| Invested Capital | 42.5M | 50.9M | 60.6M | 68.1M | 77.4M |
| Total Debt | 112.3M | 96.3M | 47.0M | 50.0M | 59.3M |
| Net Debt | 3.5M | 14.6M | 4.3M | 15.1M | 9.1M |
| Share Issued | 258.7M | 258.1M | 257.8M | 255.0M | 254.5M |
| Ordinary Shares Number | 258.7M | 258.1M | 257.8M | 255.0M | 254.5M |
| Assets Held For Sale Current | 51.9M | 21.8M | 21.5M | 21.0M | -- |
| Capital Lease Obligations | 85.8M | 67.4M | 16.5M | 17.4M | 22.4M |
| Current Capital Lease Obligation | 16.3M | 16.4M | 6.3M | 6.3M | 7.7M |
| Current Deferred Liabilities | 40.0M | 20.0M | 20.0M | -- | -- |
| Current Notes Payable | -- | -- | -- | 0.00 | 1.6M |
| Duefrom Related Parties Current | -- | -- | -- | 648,464 | -- |
| Dueto Related Parties Current | -- | -- | -- | 308,105 | -- |
| Long Term Provisions | 3.9M | 3.1M | 3.0M | 3.0M | 2.4M |
| Non Current Accounts Receivable | 1.9M | 2.9M | 3.0M | 2.7M | 3.6M |
| Non Current Deferred Assets | -- | -- | -- | 0.00 | 0.00 |
| Non Current Prepaid Assets | 2.6M | -- | -- | -- | -- |
| Other Equity Interest | 16.7M | 16.7M | 16.7M | 16.7M | 14.2M |
| Other Payable | -- | -- | -- | 3.5M | -- |
| Other Properties | 161.2M | 136.5M | 81.2M | 80.0M | 101.2M |
| Other Receivables | -- | -- | -- | 2.7M | -- |
| Restricted Cash | 8.3M | 9.1M | -- | 0.00 | 0.00 |
| 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 | 7.9M | -1.6M | -2.6M | 2.2M | 6.3M |
| Cash Flow From Continuing Operating Activities | 7.9M | -1.6M | -2.6M | 2.2M | 6.3M |
| Depreciation Amortization Depletion | 3.7M | 2.4M | 1.6M | 2.2M | 2.3M |
| Stock Based Compensation | 650,483 | 481,178 | 430,058 | 738,082 | 2.8M |
| Deferred Tax | -- | -- | -- | 0.00 | 0.00 |
| Deferred Income Tax | -- | -- | -- | 0.00 | 0.00 |
| Change In Working Capital | 4.1M | -528,147 | -2.9M | 1.7M | 2.6M |
| Other Non Cash Items | 6.1M | 4.3M | 4.2M | 5.5M | 4.0M |
| Capital Expenditure | -8.7M | -3.6M | -1.8M | -3.7M | -6.0M |
| Purchase Of PPE | -8.7M | -3.6M | -1.8M | -3.7M | -6.0M |
| Net PPE Purchase And Sale | -8.7M | -3.6M | -1.8M | -3.7M | -6.0M |
| Purchase Of Business | -2.6M | -- | -- | -- | 0.00 |
| Sale Of Business | 20.0M | 0.00 | 20.0M | -- | 0.00 |
| Investing Cash Flow | 9.6M | -3.3M | 17.7M | -4.7M | -3.3M |
| Cash Flow From Continuing Investing Activities | 9.6M | -3.3M | 17.7M | -4.7M | -3.3M |
| Issuance Of Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repayment Of Debt | -7.3M | -5.3M | -4.6M | -4.4M | -4.8M |
| Net Issuance Payments Of Debt | -7.3M | -5.3M | -4.6M | -5.9M | -4.8M |
| Issuance Of Capital Stock | 0.00 | -- | -- | 0.00 | 22.3M |
| Net Common Stock Issuance | 0.00 | -- | -- | 0.00 | 22.3M |
| Financing Cash Flow | -9.0M | -7.1M | -6.6M | -8.0M | 13.6M |
| Cash Flow From Continuing Financing Activities | -9.0M | -7.1M | -6.6M | -8.0M | 13.6M |
| Effect Of Exchange Rate Changes | 336,091 | 130,801 | 175,117 | -464,815 | 57,374 |
| Changes In Cash | 8.5M | -12.0M | 8.5M | -10.5M | 16.6M |
| Beginning Cash Position | 5.0M | 16.9M | 8.2M | 19.1M | 2.5M |
| End Cash Position | 13.8M | 5.0M | 16.9M | 8.2M | 19.1M |
| Free Cash Flow | -837,903 | -5.2M | -4.4M | -1.5M | 334,250 |
| Asset Impairment Charge | 736,732 | 0.00 | -- | -177,457 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Stock Issuance | 0.00 | -- | -- | 0.00 | 22.3M |
| Interest Paid Cff | -1.9M | -2.0M | -2.1M | -2.2M | -2.2M |
| Long Term Debt Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Debt Payments | -7.3M | -5.3M | -4.6M | -4.4M | -4.3M |
| Net Business Purchase And Sale | 17.4M | 0.00 | 20.0M | -- | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -287,587 | -216,837 | -126,298 | 171,170 | -269,165 |
| Net Income From Continuing Operations | -7.1M | -8.1M | -5.8M | -7.9M | -5.2M |
| Net Long Term Debt Issuance | -7.3M | -5.3M | -4.6M | -4.4M | -4.3M |
| Net Other Financing Charges | 68,541 | 50,727 | 61,602 | -151,785 | -1.9M |
| Net Other Investing Changes | 946,526 | 326,382 | -511,253 | -973,305 | 2.6M |
| Net Short Term Debt Issuance | 0.00 | 0.00 | 0.00 | -1.5M | -500,000 |
| Operating Gains Losses | -287,587 | -216,837 | -126,298 | 171,170 | -269,165 |
| Proceeds From Stock Option Exercised | 73,988 | 107,992 | 18,789 | 229,600 | 311,390 |
| Short Term Debt Issuance | 0.00 | 0.00 | 0.00 | -- | -- |
| Short Term Debt Payments | -- | -- | -- | -- | -500,000 |