Guardian Capital Group Limited
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 | 337.6M | 254.5M | 214.3M | 207.6M |
| Operating Revenue | 337.6M | 254.5M | 214.3M | 207.6M |
| Cost Of Revenue | 186.7M | 123.3M | 112.1M | 105.4M |
| Gross Profit | 150.9M | 131.2M | 102.3M | 102.2M |
| Selling General And Administration | 36.0M | 23.0M | 21.2M | 4.7M |
| General And Administrative Expense | 28.3M | 17.6M | 17.3M | 4.7M |
| Depreciation And Amortization In Income Statement | 17.6M | 13.7M | 12.1M | 10.9M |
| Other Operating Expenses | -33.3M | -27.6M | 125.3M | -109.3M |
| Operating Expense | 20.3M | 9.2M | 158.6M | -93.7M |
| Operating Income | 130.6M | 122.1M | -56.4M | 195.9M |
| EBIT | 126.6M | 125.9M | -55.7M | 195.8M |
| Interest Expense | 10.4M | 8.3M | 4.4M | 1.1M |
| Interest Expense Non Operating | 10.4M | 8.3M | 4.4M | 1.1M |
| Net Interest Income | -10.4M | -8.3M | -4.4M | -1.1M |
| Other Income Expense | -3.9M | 3.9M | 620,000 | -178,000 |
| Other Non Operating Income Expenses | -- | 565,000 | -- | -- |
| Special Income Charges | -471,000 | 2.1M | 54,000 | -4,000 |
| Gain On Sale Of Security | -3.5M | 1.2M | 566,000 | -174,000 |
| Pretax Income | 116.3M | 117.6M | -60.1M | 194.6M |
| Tax Provision | 14.7M | 15.5M | -525,000 | 25.7M |
| Tax Effect Of Unusual Items | -498,135 | 435,007 | 5,417 | -23,479 |
| Net Income From Continuing And Discontinued Operation | 100.1M | 562.9M | -43.1M | 184.2M |
| Net Income From Continuing Operation Net Minority Interest | 100.1M | 8.0M | -65.3M | 162.5M |
| Net Income Including Noncontrolling Interests | 101.6M | 657.1M | -37.3M | 190.7M |
| Minority Interests | -1.5M | -94.2M | -5.8M | -6.5M |
| Net Income Common Stockholders | 100.1M | 562.9M | -43.1M | 184.2M |
| Net Income | 100.1M | 562.9M | -43.1M | 184.2M |
| EBITDA | 144.3M | 141.4M | -31.4M | 217.3M |
| Normalized EBITDA | 148.2M | 138.1M | -32.1M | 217.4M |
| Reconciled Depreciation | 17.6M | 15.4M | 24.3M | 21.5M |
| Basic EPS | 4.12 | 23.67 | -1.76 | 7.35 |
| Diluted EPS | 4.12 | 22.12 | -1.76 | 6.87 |
| Basic Average Shares | 24.6M | 23.8M | 24.4M | 25.1M |
| Diluted Average Shares | 24.6M | 25.5M | 24.4M | 26.9M |
| Total Unusual Items | -3.9M | 3.3M | 620,000 | -178,000 |
| Total Unusual Items Excluding Goodwill | -3.9M | 3.3M | 620,000 | -178,000 |
| Tax Rate For Calcs | 0.13 | 0.13 | 0.01 | 0.13 |
| Normalized Income | 103.5M | 5.1M | -65.9M | 162.6M |
| Amortization | 17.6M | 13.7M | 12.1M | 10.9M |
| Amortization Of Intangibles Income Statement | 17.6M | 13.7M | 12.1M | 10.9M |
| Average Dilution Earnings | 1.7M | 1.6M | 0.00 | 216,000 |
| Depreciation Amortization Depletion Income Statement | 17.6M | 13.7M | 12.1M | 10.9M |
| Diluted NI Availto Com Stockholders | 101.8M | 564.5M | -43.1M | 184.5M |
| Gain On Sale Of Ppe | -471,000 | 2.1M | 54,000 | -4,000 |
| Net Income Continuous Operations | 101.6M | 102.2M | -59.6M | 169.0M |
| Net Income Discontinuous Operations | 0.00 | 554.9M | 22.3M | 21.8M |
| Net Non Operating Interest Income Expense | -10.4M | -8.3M | -4.4M | -1.1M |
| Other Gand A | 21.0M | 12.6M | 12.3M | 30.5M |
| Reconciled Cost Of Revenue | 186.7M | 121.6M | 99.9M | 94.8M |
| Rent And Landing Fees | 1.1M | -- | -- | -- |
| Rent Expense Supplemental | 1.1M | -- | -- | -- |
| Salaries And Wages | 6.2M | 5.1M | 5.0M | 4.7M |
| Selling And Marketing Expense | 7.7M | 5.4M | 3.8M | -- |
| Total Expenses | 207.0M | 132.5M | 270.7M | 11.7M |
| Total Operating Income As Reported | 38.8M | 59.8M | 44.1M | 54.9M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 137.5M | 72.4M | 54.9M | 77.1M |
| Cash Cash Equivalents And Short Term Investments | 222.6M | 139.3M | 122.3M | 131.6M |
| Cash Financial | 137.5M | 72.4M | 54.9M | 77.1M |
| Other Short Term Investments | 85.1M | 66.9M | 67.4M | 54.5M |
| Accounts Receivable | 87.9M | 55.0M | 48.4M | 166.9M |
| Receivables | 89.4M | 63.4M | 54.4M | 177.4M |
| Other Current Assets | 127.3M | 59.6M | 64.9M | 115.6M |
| Current Assets | 439.3M | 262.3M | 538.9M | 424.6M |
| Gross PPE | 55.2M | 35.4M | 37.7M | 37.0M |
| Accumulated Depreciation | -18.3M | -13.2M | -12.4M | -20.4M |
| Net PPE | 36.8M | 22.2M | 25.3M | 16.6M |
| Goodwill | 87.8M | 41.6M | 42.5M | 66.6M |
| Goodwill And Other Intangible Assets | 249.8M | 127.0M | 139.4M | 234.9M |
| Other Intangible Assets | 161.9M | 85.4M | 96.9M | 168.2M |
| Investments And Advances | 1.2B | 1.3B | 660.4M | 751.9M |
| Total Non Current Assets | 1.5B | 1.5B | 825.9M | 1.0B |
| Total Assets | 2.0B | 1.7B | 1.4B | 1.4B |
| Current Debt | 144.1M | 137.7M | 131.6M | 114.9M |
| Current Debt And Capital Lease Obligation | 146.3M | 139.2M | 133.2M | 118.0M |
| Accounts Payable | 155.2M | 91.5M | 79.8M | 188.8M |
| Payables | 165.5M | 165.2M | 107.6M | 190.5M |
| Payables And Accrued Expenses | 165.5M | 165.2M | 107.6M | 190.5M |
| Current Deferred Revenue | 74.2M | 50.1M | 59.1M | 53.5M |
| Other Current Liabilities | 139.0M | 59.6M | 206.9M | 116.0M |
| Current Liabilities | 526.1M | 414.1M | 509.5M | 482.9M |
| Long Term Debt | -- | -- | 1.6M | -- |
| Long Term Debt And Capital Lease Obligation | 32.0M | 19.4M | 23.9M | 11.3M |
| Long Term Capital Lease Obligation | 32.0M | 19.4M | 22.3M | 11.3M |
| Total Non Current Liabilities Net Minority Interest | 109.3M | 76.0M | 72.4M | 93.2M |
| Total Liabilities Net Minority Interest | 635.4M | 490.1M | 581.9M | 576.1M |
| Common Stock | 16.4M | 16.8M | 17.6M | 18.1M |
| Capital Stock | 16.4M | 16.8M | 17.6M | 18.1M |
| Additional Paid In Capital | 30.9M | 28.0M | 28.5M | 25.1M |
| Retained Earnings | 1.3B | 1.2B | 733.3M | 822.2M |
| Treasury Stock | 31.4M | 32.0M | 35.6M | 31.7M |
| Gains Losses Not Affecting Retained Earnings | 48.4M | 13.4M | 24.1M | 4.9M |
| Other Equity Adjustments | 48.4M | 13.4M | 24.1M | 4.9M |
| Common Stock Equity | 1.3B | 1.2B | 782.9M | 852.6M |
| Stockholders Equity | 1.3B | 1.2B | 782.9M | 852.6M |
| Total Equity Gross Minority Interest | 1.3B | 1.2B | 782.9M | 852.6M |
| Total Capitalization | 1.3B | 1.2B | 784.4M | 852.6M |
| Net Tangible Assets | 1.1B | 1.1B | 643.5M | 617.7M |
| Tangible Book Value | 1.1B | 1.1B | 643.5M | 617.7M |
| Working Capital | -86.8M | -151.8M | 29.4M | -58.3M |
| Invested Capital | 1.5B | 1.4B | 916.0M | 967.5M |
| Total Debt | 178.3M | 158.6M | 157.1M | 129.3M |
| Net Debt | 6.6M | 65.3M | 78.3M | 37.8M |
| Share Issued | 26.0M | 27.0M | 28.4M | 29.2M |
| Ordinary Shares Number | 24.6M | 25.2M | 26.2M | 27.0M |
| Assets Held For Sale Current | -- | 0.00 | 297.2M | 0.00 |
| Available For Sale Securities | -- | -- | 660.4M | 751.9M |
| Capital Lease Obligations | 34.1M | 20.9M | 23.9M | 14.4M |
| Current Capital Lease Obligation | 2.1M | 1.5M | 1.6M | 3.1M |
| Current Deferred Liabilities | 75.4M | 50.1M | 61.8M | 58.5M |
| Current Notes Payable | 0.00 | 1.7M | 78.2M | 67.9M |
| Dueto Related Parties Current | 9.8M | 0.00 | 26.2M | 0.00 |
| Dueto Related Parties Non Current | 6.5M | 13.0M | 11.4M | 31.3M |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 1.2B | 1.3B | 660.4M | 751.9M |
| Income Tax Payable | 493,000 | 73.7M | 1.6M | 1.7M |
| Investmentin Financial Assets | 1.2B | 1.3B | 660.4M | 751.9M |
| Leases | 3.9M | 2.3M | 2.1M | 6.1M |
| Line Of Credit | 144.1M | 136.0M | 28.4M | 47.0M |
| Machinery Furniture Equipment | 12.1M | 9.9M | 9.1M | 11.4M |
| Non Current Deferred Assets | 4.2M | 4.0M | 794,000 | 792,000 |
| Non Current Deferred Liabilities | 70.9M | 43.5M | 37.2M | 50.6M |
| Non Current Deferred Taxes Assets | 4.2M | 4.0M | 794,000 | 792,000 |
| Non Current Deferred Taxes Liabilities | 50.2M | 43.5M | 37.2M | 50.6M |
| Other Current Borrowings | -- | 113.6M | 103.2M | -- |
| Other Equity Interest | -1.0M | 2.1M | 15.0M | 14.1M |
| Other Properties | 39.2M | 23.2M | 26.5M | 19.4M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 1.5M | 8.3M | 6.0M | 10.4M |
| Total Tax Payable | 493,000 | 73.7M | 1.6M | 1.7M |
| Tradeand Other Payables Non Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Treasury Shares Number | 1.3M | 1.8M | 2.1M | 2.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 93.3M | 81.4M | 81.2M | 102.9M |
| Cash Flow From Continuing Operating Activities | 93.3M | 81.4M | 81.2M | 102.9M |
| Depreciation And Amortization | 17.6M | 15.4M | 24.3M | 21.5M |
| Depreciation Amortization Depletion | 17.6M | 15.4M | 24.3M | 21.5M |
| Stock Based Compensation | 4.1M | 4.5M | 4.0M | 3.0M |
| Deferred Tax | 14.7M | 83.7M | 7.7M | 33.7M |
| Deferred Income Tax | 14.7M | 83.7M | 7.7M | 33.7M |
| Change In Working Capital | 35.7M | 8.3M | 6.9M | 18.1M |
| Changes In Account Receivables | -1.3M | 25.2M | 374,000 | -27.1M |
| Change In Receivables | -1.3M | 25.2M | 374,000 | -27.1M |
| Change In Payables And Accrued Expense | 29.8M | -8.4M | 14.1M | 46.2M |
| Change In Payable | 29.8M | -8.4M | 14.1M | 46.2M |
| Change In Other Working Capital | 17.2M | -7.1M | 1.3M | 10.9M |
| Change In Other Current Assets | -9.9M | -1.5M | -8.9M | -11.9M |
| Other Non Cash Items | -77.2M | -677.1M | 99.3M | -142.6M |
| Capital Expenditure | -3.5M | -2.1M | -16.7M | -15.4M |
| Purchase Of PPE | -438,000 | -928,000 | -651,000 | -734,000 |
| Net PPE Purchase And Sale | -438,000 | -928,000 | -651,000 | -734,000 |
| Purchase Of Business | -101.1M | 0.00 | -10.1M | -18.4M |
| Purchase Of Investment | -- | -- | -- | -54.6M |
| Sale Of Investment | -- | -- | 16.4M | 17.6M |
| Net Investment Purchase And Sale | 156.3M | -602.7M | 16.4M | -36.9M |
| Investing Cash Flow | -21.8M | 124.3M | -45.5M | -88.0M |
| Cash Flow From Continuing Investing Activities | -21.8M | -602.3M | 7.2M | -88.0M |
| Issuance Of Debt | -- | 12.6M | 19.8M | 809,000 |
| Repayment Of Debt | -2.0M | -986,000 | -2.7M | -2.6M |
| Net Issuance Payments Of Debt | -14.2M | 11.6M | 17.0M | -1.8M |
| Issuance Of Capital Stock | 4.5M | 1.7M | 1.5M | 1.2M |
| Repurchase Of Capital Stock | -29.9M | -45.8M | -29.0M | -28.5M |
| Net Common Stock Issuance | -25.4M | -44.1M | -27.6M | -27.3M |
| Common Stock Dividend Paid | -35.6M | -31.6M | -23.3M | -- |
| Common Stock Payments | -29.9M | -45.8M | -29.0M | -28.5M |
| Financing Cash Flow | -23.0M | -185.3M | -54.6M | 1.9M |
| Cash Flow From Continuing Financing Activities | -23.0M | -218.4M | -54.6M | 1.9M |
| Effect Of Exchange Rate Changes | 3.2M | 3.0M | 544,000 | -307,000 |
| Changes In Cash | 48.5M | 20.5M | -18.9M | 16.7M |
| Beginning Cash Position | 50.0M | 26.5M | 44.9M | 28.5M |
| End Cash Position | 101.6M | 50.0M | 26.5M | 44.9M |
| Free Cash Flow | 89.7M | 79.3M | 64.5M | 87.4M |
| Amortization Cash Flow | 12.7M | 11.8M | 19.6M | 17.0M |
| Amortization Of Intangibles | 12.7M | 11.8M | 19.6M | 17.0M |
| Cash Dividends Paid | -35.6M | -31.6M | -23.3M | -18.5M |
| Cash From Discontinued Financing Activities | 0.00 | 33.1M | 0.00 | -- |
| Cash From Discontinued Investing Activities | 0.00 | 726.6M | -52.7M | 0.00 |
| Change In Account Payable | 29.8M | 16.6M | 12.5M | 34.1M |
| Change In Prepaid Assets | -- | -7.1M | 1.3M | 10.9M |
| Common Stock Issuance | 4.5M | 1.7M | 1.5M | 1.2M |
| Depreciation | 4.9M | 3.6M | 4.7M | 4.5M |
| Long Term Debt Payments | -2.0M | -986,000 | -2.7M | -2.6M |
| Net Business Purchase And Sale | -101.1M | 0.00 | -10.1M | -18.4M |
| Net Income From Continuing Operations | 101.6M | 657.1M | -37.3M | 190.7M |
| Net Intangibles Purchase And Sale | -3.1M | 1.4M | -9.2M | -11.1M |
| Net Long Term Debt Issuance | -2.0M | -986,000 | -2.7M | -2.6M |
| Net Other Financing Charges | 52.3M | -154.3M | -20.8M | 49.5M |
| Net Other Investing Changes | -73.6M | -- | 10.7M | -20.8M |
| Net Short Term Debt Issuance | -12.2M | 12.6M | 19.8M | 809,000 |
| Purchase Of Intangibles | -3.1M | -1.2M | -16.1M | -14.7M |
| Sale Of Intangibles | 0.00 | 2.6M | 6.9M | 3.5M |
| Short Term Debt Issuance | -- | 12.6M | 19.8M | 809,000 |
| Taxes Refund Paid | -3.2M | -10.5M | -23.6M | -21.5M |