GDI Integrated Facility Services Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 610.0M | 616.0M | 632.0M | 640.0M | 639.0M |
| Operating Revenue | 610.0M | 616.0M | 632.0M | 640.0M | 639.0M |
| Cost Of Revenue | 496.0M | 501.0M | 516.0M | 520.0M | 526.0M |
| Gross Profit | 114.0M | 115.0M | 116.0M | 120.0M | 113.0M |
| Selling General And Administration | 83.0M | 80.0M | 81.0M | 84.0M | 81.0M |
| General And Administrative Expense | -- | 80.0M | -- | -- | -- |
| Depreciation And Amortization In Income Statement | 18.0M | 18.0M | 21.0M | 20.0M | 19.0M |
| Other Operating Expenses | 1.0M | -- | 1.0M | -- | 1.0M |
| Operating Expense | 102.0M | 98.0M | 103.0M | 104.0M | 101.0M |
| Operating Income | 12.0M | 17.0M | 13.0M | 16.0M | 12.0M |
| EBIT | 6.0M | 16.0M | 38.0M | 17.0M | 13.0M |
| Interest Expense | 8.0M | 7.0M | 8.0M | 10.0M | 8.0M |
| Interest Expense Non Operating | 8.0M | 7.0M | 8.0M | 10.0M | 8.0M |
| Net Interest Income | -7.0M | -7.0M | 8.0M | -12.0M | -7.0M |
| Other Income Expense | -7.0M | -1.0M | 10.0M | 3.0M | -2.0M |
| Special Income Charges | -2.0M | -1.0M | 9.0M | 4.0M | -2.0M |
| Restructuring And Mergern Acquisition | 2.0M | 1.0M | 8.0M | -4.0M | 2.0M |
| Gain On Sale Of Security | -5.0M | -- | 1.0M | -1.0M | 2.0M |
| Pretax Income | -2.0M | 9.0M | 30.0M | 7.0M | 5.0M |
| Tax Provision | -1.0M | 3.0M | 7.0M | 0.00 | 3.0M |
| Tax Effect Of Unusual Items | -1.1M | -333,333 | 2.3M | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| Net Income From Continuing Operation Net Minority Interest | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| Net Income Including Noncontrolling Interests | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| Net Income Common Stockholders | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| Net Income | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| EBITDA | 24.0M | 34.0M | 59.0M | 37.0M | 32.0M |
| Normalized EBITDA | 31.0M | 35.0M | 49.0M | 34.0M | 32.0M |
| Reconciled Depreciation | 18.0M | 18.0M | 21.0M | 20.0M | 19.0M |
| Basic EPS | -0.04 | 0.26 | -- | 0.28 | 0.07 |
| Diluted EPS | -0.04 | 0.26 | -- | 0.28 | 0.07 |
| Basic Average Shares | 23.6M | 23.1M | -- | 23.5M | 23.5M |
| Diluted Average Shares | 23.8M | 23.1M | -- | 23.7M | 23.7M |
| Total Unusual Items | -7.0M | -1.0M | 10.0M | 3.0M | 0.00 |
| Total Unusual Items Excluding Goodwill | -7.0M | -1.0M | 10.0M | 3.0M | 0.00 |
| Tax Rate For Calcs | 0.15 | 0.33 | 0.23 | 0.00 | 0.15 |
| Normalized Income | 5.0M | 6.7M | 15.3M | 4.0M | 2.0M |
| Amortization | 5.0M | 5.0M | 6.0M | 6.0M | 5.0M |
| Amortization Of Intangibles Income Statement | 5.0M | 5.0M | 6.0M | 6.0M | 5.0M |
| Depreciation Amortization Depletion Income Statement | 18.0M | 18.0M | 21.0M | 20.0M | 19.0M |
| Depreciation Income Statement | 13.0M | 13.0M | 15.0M | 14.0M | 14.0M |
| Diluted NI Availto Com Stockholders | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| Net Income Continuous Operations | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| Net Non Operating Interest Income Expense | -7.0M | -7.0M | 8.0M | -12.0M | -7.0M |
| Other Gand A | -- | 84.0M | -- | -- | -- |
| Reconciled Cost Of Revenue | 496.0M | 501.0M | 516.0M | 520.0M | 526.0M |
| Salaries And Wages | -- | -4.0M | -- | -- | -- |
| Total Expenses | 598.0M | 599.0M | 619.0M | 624.0M | 627.0M |
| Total Operating Income As Reported | 10.0M | 12.0M | 15.0M | 15.0M | 10.0M |
| Total Other Finance Cost | -1.0M | -- | -16.0M | 2.0M | -1.0M |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 29.0M | 25.0M | 14.0M | 31.0M | 29.0M |
| Cash Cash Equivalents And Short Term Investments | 29.0M | 25.0M | 29.0M | 46.0M | 43.0M |
| Cash Financial | 29.0M | 25.0M | 14.0M | 31.0M | 29.0M |
| Other Short Term Investments | 0.00 | 0.00 | 15.0M | 15.0M | 14.0M |
| Accounts Receivable | 529.0M | 564.0M | 445.0M | 590.0M | 600.0M |
| Receivables | 533.0M | 568.0M | 569.0M | 592.0M | 609.0M |
| Inventory | 32.0M | 34.0M | 33.0M | 34.0M | 37.0M |
| Other Current Assets | 22.0M | 25.0M | 16.0M | 13.0M | 16.0M |
| Current Assets | 622.0M | 658.0M | 653.0M | 685.0M | 705.0M |
| Gross PPE | -- | -- | 283.0M | -- | -- |
| Accumulated Depreciation | -- | -- | -164.0M | -- | -- |
| Net PPE | 120.0M | 120.0M | 119.0M | 126.0M | 125.0M |
| Goodwill | 370.0M | 378.0M | 378.0M | 370.0M | 373.0M |
| Goodwill And Other Intangible Assets | 474.0M | 488.0M | 493.0M | 486.0M | 494.0M |
| Other Intangible Assets | 104.0M | 110.0M | 115.0M | 116.0M | 121.0M |
| Other Non Current Assets | 22.0M | 21.0M | 20.0M | 17.0M | 15.0M |
| Total Non Current Assets | 616.0M | 629.0M | 632.0M | 629.0M | 634.0M |
| Total Assets | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B |
| Current Debt | 26.0M | 24.0M | 23.0M | 22.0M | 33.0M |
| Current Debt And Capital Lease Obligation | 26.0M | 24.0M | 23.0M | 22.0M | 33.0M |
| Accounts Payable | 274.0M | 309.0M | 306.0M | 307.0M | 303.0M |
| Payables | 280.0M | 314.0M | 315.0M | 314.0M | 309.0M |
| Payables And Accrued Expenses | 280.0M | 314.0M | 315.0M | 314.0M | 309.0M |
| Current Deferred Revenue | 35.0M | 36.0M | 33.0M | 37.0M | 29.0M |
| Current Liabilities | 367.0M | 403.0M | 403.0M | 404.0M | 404.0M |
| Long Term Debt | 356.0M | 358.0M | 362.0M | 416.0M | 444.0M |
| Long Term Debt And Capital Lease Obligation | 356.0M | 358.0M | 362.0M | 416.0M | 444.0M |
| Other Non Current Liabilities | -- | -- | 9.0M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 373.0M | 381.0M | 386.0M | 440.0M | 477.0M |
| Total Liabilities Net Minority Interest | 740.0M | 784.0M | 789.0M | 844.0M | 881.0M |
| Common Stock | 383.0M | 383.0M | 382.0M | 382.0M | 381.0M |
| Capital Stock | 383.0M | 383.0M | 382.0M | 382.0M | 381.0M |
| Additional Paid In Capital | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M |
| Retained Earnings | 105.0M | 106.0M | 100.0M | 77.0M | 70.0M |
| Gains Losses Not Affecting Retained Earnings | 7.0M | 11.0M | 11.0M | 8.0M | 4.0M |
| Other Equity Adjustments | 7.0M | 11.0M | 11.0M | 8.0M | 4.0M |
| Common Stock Equity | 498.0M | 503.0M | 496.0M | 470.0M | 458.0M |
| Stockholders Equity | 498.0M | 503.0M | 496.0M | 470.0M | 458.0M |
| Total Equity Gross Minority Interest | 498.0M | 503.0M | 496.0M | 470.0M | 458.0M |
| Total Capitalization | 854.0M | 861.0M | 858.0M | 886.0M | 902.0M |
| Net Tangible Assets | 24.0M | 15.0M | 3.0M | -16.0M | -36.0M |
| Tangible Book Value | 24.0M | 15.0M | 3.0M | -16.0M | -36.0M |
| Working Capital | 255.0M | 255.0M | 250.0M | 281.0M | 301.0M |
| Invested Capital | 880.0M | 885.0M | 881.0M | 908.0M | 935.0M |
| Total Debt | 382.0M | 382.0M | 385.0M | 438.0M | 477.0M |
| Net Debt | 353.0M | 357.0M | 371.0M | 407.0M | 448.0M |
| Share Issued | 23.6M | 23.6M | 23.5M | 23.5M | 23.5M |
| Ordinary Shares Number | 23.6M | 23.6M | 23.5M | 23.5M | 23.5M |
| Assets Held For Sale Current | 6.0M | 6.0M | 6.0M | -- | -- |
| Buildings And Improvements | -- | -- | 66.0M | -- | -- |
| Current Deferred Liabilities | 35.0M | 36.0M | 33.0M | 37.0M | 29.0M |
| Current Provisions | 26.0M | 29.0M | 32.0M | 31.0M | 33.0M |
| Hedging Assets Current | -- | -- | 0.00 | 0.00 | 0.00 |
| Inventories Adjustments Allowances | -- | -- | -7.0M | -- | -- |
| Land And Improvements | -- | -- | 2.0M | -- | -- |
| Leases | -- | -- | 15.0M | -- | -- |
| Line Of Credit | 4.0M | 1.0M | 2.0M | 0.00 | 6.0M |
| Machinery Furniture Equipment | -- | -- | 112.0M | -- | -- |
| Non Current Deferred Liabilities | 11.0M | 15.0M | 15.0M | 17.0M | 27.0M |
| Non Current Deferred Taxes Liabilities | 11.0M | 15.0M | 15.0M | 17.0M | 27.0M |
| Other Current Borrowings | 22.0M | 23.0M | 21.0M | 22.0M | 27.0M |
| Other Inventories | -- | -- | 17.0M | -- | -- |
| Other Properties | -- | -- | 88.0M | -- | -- |
| Other Receivables | -- | -- | 132.0M | -- | -- |
| Properties | -- | -- | 0.00 | -- | -- |
| Raw Materials | -- | -- | 23.0M | -- | -- |
| Receivables Adjustments Allowances | -- | -- | -12.0M | -- | -- |
| Taxes Receivable | 4.0M | 4.0M | 4.0M | 2.0M | 9.0M |
| Total Tax Payable | 6.0M | 5.0M | 9.0M | 7.0M | 6.0M |
| Tradeand Other Payables Non Current | 6.0M | 8.0M | -- | 7.0M | 6.0M |
| Line Item | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 19.0M | 35.0M | 48.0M | 60.0M | 7.0M |
| Cash Flow From Continuing Operating Activities | 19.0M | 35.0M | 48.0M | 60.0M | 7.0M |
| Depreciation And Amortization | 18.0M | 18.0M | 21.0M | 20.0M | 19.0M |
| Depreciation Amortization Depletion | 18.0M | 18.0M | 21.0M | 20.0M | 19.0M |
| Stock Based Compensation | -1.0M | -4.0M | -1.0M | 1.0M | -3.0M |
| Deferred Tax | -1.0M | 3.0M | 7.0M | 0.00 | 3.0M |
| Deferred Income Tax | -1.0M | 3.0M | 7.0M | 0.00 | 3.0M |
| Change In Working Capital | -8.0M | 12.0M | 20.0M | 21.0M | -21.0M |
| Change In Receivables | 19.0M | 0.00 | 21.0M | 9.0M | 12.0M |
| Change In Inventory | 2.0M | -1.0M | 3.0M | 2.0M | -2.0M |
| Change In Payables And Accrued Expense | -30.0M | 5.0M | -6.0M | 3.0M | -35.0M |
| Change In Payable | -30.0M | 5.0M | -- | 3.0M | -35.0M |
| Change In Other Working Capital | -- | 1.0M | -- | -- | -3.0M |
| Change In Other Current Assets | 0.00 | 15.0M | -- | -- | 0.00 |
| Other Non Cash Items | 8.0M | 7.0M | 4.0M | 6.0M | 13.0M |
| Capital Expenditure | -6.0M | -4.0M | -5.0M | -6.0M | -4.0M |
| Purchase Of PPE | -5.0M | -4.0M | -2.0M | -5.0M | -4.0M |
| Net PPE Purchase And Sale | -5.0M | -4.0M | -4.0M | -3.0M | -4.0M |
| Purchase Of Business | -- | -- | -13.0M | 0.00 | -- |
| Purchase Of Investment | -- | -- | -2.0M | -4.0M | -- |
| Net Investment Purchase And Sale | -- | -- | -2.0M | -4.0M | -- |
| Investing Cash Flow | -8.0M | -4.0M | 17.0M | -10.0M | -11.0M |
| Cash Flow From Continuing Investing Activities | -8.0M | -4.0M | 17.0M | -10.0M | -11.0M |
| Issuance Of Debt | 28.0M | 57.0M | 28.0M | 45.0M | 102.0M |
| Repayment Of Debt | -30.0M | -71.0M | -107.0M | -81.0M | -60.0M |
| Net Issuance Payments Of Debt | -2.0M | -14.0M | -79.0M | -36.0M | 42.0M |
| Financing Cash Flow | -7.0M | -19.0M | -86.0M | -44.0M | 34.0M |
| Cash Flow From Continuing Financing Activities | -7.0M | -19.0M | -86.0M | -44.0M | 34.0M |
| Effect Of Exchange Rate Changes | -3.0M | 0.00 | 1.0M | 2.0M | -2.0M |
| Changes In Cash | 4.0M | 12.0M | -20.0M | 6.0M | 30.0M |
| Beginning Cash Position | 24.0M | 12.0M | 31.0M | 23.0M | -5.0M |
| End Cash Position | 25.0M | 24.0M | 12.0M | 31.0M | 23.0M |
| Free Cash Flow | 13.0M | 31.0M | 43.0M | 54.0M | 3.0M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 2.0M | -8.0M | -3.0M | 3.0M | 7.0M |
| Interest Paid Cff | -5.0M | -6.0M | -7.0M | -8.0M | -8.0M |
| Long Term Debt Issuance | 28.0M | 57.0M | 28.0M | 45.0M | 102.0M |
| Long Term Debt Payments | -30.0M | -71.0M | -107.0M | -81.0M | -60.0M |
| Net Business Purchase And Sale | -- | -- | 26.0M | 0.00 | -- |
| Net Income From Continuing Operations | -1.0M | 6.0M | 23.0M | 7.0M | 2.0M |
| Net Intangibles Purchase And Sale | -1.0M | 0.00 | -3.0M | -1.0M | 0.00 |
| Net Long Term Debt Issuance | -2.0M | -14.0M | -79.0M | -36.0M | 42.0M |
| Net Other Financing Charges | 0.00 | 1.0M | 0.00 | 0.00 | 0.00 |
| Net Other Investing Changes | -- | -- | -- | -- | 0.00 |
| Purchase Of Intangibles | -1.0M | 0.00 | -3.0M | -1.0M | 0.00 |
| Sale Of PPE | -- | -- | -- | 0.00 | -- |
| Taxes Refund Paid | -1.0M | -7.0M | -9.0M | 4.0M | -2.0M |
| Unrealized Gain Loss On Investment Securities | -- | -- | 0.00 | -1.0M | -- |