Geekco Technologies Corporation
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 | 0.00 | 5,040 | 2,911 | 10,977 |
| Operating Revenue | 0.00 | 5,040 | 2,911 | 10,977 |
| Selling General And Administration | 667,140 | 638,826 | 1.2M | 2.0M |
| General And Administrative Expense | 627,040 | 638,826 | 1.2M | 1.6M |
| Depreciation And Amortization In Income Statement | 449,626 | 434,744 | 395,002 | 192,699 |
| Other Operating Expenses | -- | 20,000 | -- | -- |
| Operating Expense | 1.1M | 1.1M | 1.6M | 2.2M |
| Operating Income | -1.1M | -1.1M | -1.6M | -2.2M |
| EBIT | -1.9M | -2.3M | -2.4M | 729,753 |
| Interest Expense | 757,698 | 654,505 | 481,690 | 398,288 |
| Interest Expense Non Operating | 757,698 | 654,505 | 481,690 | 398,288 |
| Interest Income | -- | 21,779 | 81,672 | 90,000 |
| Interest Income Non Operating | -- | 21,779 | 81,672 | 90,000 |
| Net Interest Income | -757,698 | -632,726 | -400,018 | -308,288 |
| Other Income Expense | -818,745 | -1.2M | -873,021 | 2.9M |
| Gain On Sale Of Security | -818,745 | -1.2M | -873,021 | 2.9M |
| Pretax Income | -2.7M | -2.9M | -2.9M | 331,465 |
| Tax Provision | -- | -140,669 | -- | -97,309 |
| Tax Effect Of Unusual Items | 0.00 | -57,677 | 0.00 | 755,324 |
| Net Income From Continuing And Discontinued Operation | -2.7M | -2.8M | -2.9M | 428,774 |
| Net Income From Continuing Operation Net Minority Interest | -2.7M | -2.8M | -2.9M | 428,774 |
| Net Income Including Noncontrolling Interests | -2.7M | -2.8M | -2.9M | 428,774 |
| Net Income Common Stockholders | -2.7M | -2.8M | -2.9M | 428,774 |
| Net Income | -2.7M | -2.8M | -2.9M | 428,774 |
| EBITDA | -1.5M | -1.8M | -2.0M | 922,452 |
| Normalized EBITDA | -667,140 | -632,007 | -1.2M | -1.9M |
| Reconciled Depreciation | 449,626 | 434,744 | 395,002 | 192,699 |
| Basic EPS | -0.04 | -0.07 | -0.08 | 0.01 |
| Diluted EPS | -0.04 | -0.07 | -0.08 | 0.01 |
| Basic Average Shares | 37.7M | 60.0M | 37.7M | 36.2M |
| Diluted Average Shares | 37.7M | 60.0M | 37.7M | 36.5M |
| Total Unusual Items | -818,745 | -1.2M | -873,021 | 2.9M |
| Total Unusual Items Excluding Goodwill | -818,745 | -1.2M | -873,021 | 2.9M |
| Tax Rate For Calcs | 0.00 | 0.05 | 0.00 | 0.27 |
| Normalized Income | -1.9M | -1.6M | -2.0M | -1.7M |
| Depreciation Amortization Depletion Income Statement | 449,626 | 434,744 | 395,002 | 192,699 |
| Diluted NI Availto Com Stockholders | -2.7M | -2.8M | -2.9M | 428,774 |
| Net Income Continuous Operations | -2.7M | -2.8M | -2.9M | 428,774 |
| Net Non Operating Interest Income Expense | -757,698 | -632,726 | -400,018 | -308,288 |
| Other Gand A | 627,040 | 638,826 | 1.2M | 1.6M |
| Selling And Marketing Expense | 40,100 | -- | 20,875 | 390,707 |
| Total Expenses | 1.1M | 1.1M | 1.6M | 2.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 69,136 | 39,733 | 115,428 | 747,424 |
| Cash Cash Equivalents And Short Term Investments | 69,136 | 39,733 | 115,428 | 747,424 |
| Cash Financial | 69,136 | 39,733 | 115,428 | 747,424 |
| Accounts Receivable | 25,839 | 135,534 | 223,896 | 140,057 |
| Receivables | 65,727 | 155,030 | 272,399 | 487,783 |
| Prepaid Assets | 87,408 | 100,607 | 94,222 | 84,476 |
| Other Current Assets | -- | -- | -- | -1.00 |
| Current Assets | 222,271 | 295,370 | 482,049 | 1.3M |
| Gross PPE | 30,778 | 30,778 | 30,778 | 37,335 |
| Accumulated Depreciation | -26,506 | -25,120 | -23,339 | -22,159 |
| Net PPE | 4,272 | 5,658 | 7,439 | 15,176 |
| Goodwill And Other Intangible Assets | 1.8M | 2.1M | 2.4M | 2.5M |
| Other Intangible Assets | 1.8M | 2.1M | 2.4M | 2.5M |
| Investments And Advances | 439,622 | 1.3M | 2.6M | 3.4M |
| Total Non Current Assets | 2.2M | 3.5M | 5.0M | 5.9M |
| Total Assets | 2.5M | 3.8M | 5.4M | 7.2M |
| Current Debt | 1.7M | -- | 1.2M | -- |
| Current Debt And Capital Lease Obligation | 1.7M | -- | 1.2M | 7,356 |
| Accounts Payable | 248,457 | 310,276 | 333,402 | 311,188 |
| Payables | 310,017 | 774,707 | 556,975 | 358,838 |
| Payables And Accrued Expenses | 1.1M | 1.2M | 877,226 | 557,440 |
| Current Accrued Expenses | 777,236 | 434,976 | 320,251 | 198,602 |
| Other Current Liabilities | -- | -- | -- | -1.00 |
| Current Liabilities | 2.8M | 1.2M | 2.1M | 564,796 |
| Long Term Debt | 60,000 | 1.5M | -- | 979,092 |
| Long Term Debt And Capital Lease Obligation | 60,000 | 1.5M | -- | 979,092 |
| Other Non Current Liabilities | 301,256 | 320,622 | 334,164 | 345,000 |
| Total Non Current Liabilities Net Minority Interest | 361,256 | 1.8M | 334,164 | 1.3M |
| Total Liabilities Net Minority Interest | 3.1M | 3.0M | 2.4M | 1.9M |
| Common Stock | 7.0M | 6.4M | 6.2M | 6.1M |
| Capital Stock | 7.0M | 6.4M | 6.2M | 6.1M |
| Additional Paid In Capital | 3.4M | 2.8M | 2.8M | 2.4M |
| Retained Earnings | -11.4M | -8.7M | -6.2M | -3.3M |
| Common Stock Equity | -664,004 | 768,922 | 3.0M | 5.4M |
| Stockholders Equity | -664,004 | 768,922 | 3.0M | 5.4M |
| Total Equity Gross Minority Interest | -664,004 | 768,922 | 3.0M | 5.4M |
| Total Capitalization | -604,004 | 2.2M | 3.0M | 6.3M |
| Net Tangible Assets | -2.5M | -1.4M | 604,284 | 2.9M |
| Tangible Book Value | -2.5M | -1.4M | 604,284 | 2.9M |
| Working Capital | -2.6M | -914,313 | -1.6M | 754,886 |
| Invested Capital | 1.1M | 2.2M | 4.2M | 6.3M |
| Total Debt | 1.7M | 1.5M | 1.2M | 986,448 |
| Net Debt | 1.7M | 1.4M | 1.1M | 231,668 |
| Share Issued | 65.4M | 37.8M | 36.6M | 36.2M |
| Ordinary Shares Number | 65.4M | 37.8M | 36.6M | 36.2M |
| Available For Sale Securities | 188,316 | 250,316 | 285,316 | 285,316 |
| Buildings And Improvements | -- | -- | -- | 6,557 |
| Capital Lease Obligations | -- | -- | -- | 7,356 |
| Current Capital Lease Obligation | -- | -- | -- | 7,356 |
| Current Deferred Liabilities | -- | -- | 200,000 | 25,000 |
| Dueto Related Parties Current | 25,171 | 434,000 | 200,000 | 25,000 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 251,306 | 1.1M | 2.3M | 3.1M |
| Interest Payable | 187,698 | 184,151 | 122,644 | 121,480 |
| Investmentin Financial Assets | 439,622 | 1.3M | 2.6M | 3.4M |
| Machinery Furniture Equipment | 30,778 | 30,778 | 30,778 | 30,778 |
| Non Current Prepaid Assets | 7,008 | 7,008 | 7,008 | 7,008 |
| Other Current Borrowings | 1.7M | -- | 1.2M | -- |
| Other Equity Interest | 333,422 | 333,422 | 190,815 | 190,815 |
| Other Payable | 36,389 | 30,431 | 23,573 | 22,650 |
| Other Properties | -- | -- | 24,903 | 24,903 |
| Other Receivables | -- | -- | -- | 12,031 |
| Properties | -- | -- | -- | 0.00 |
| Taxes Receivable | 39,888 | 19,496 | 48,503 | 335,695 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -389,881 | -640,877 | -498,950 | -1.1M |
| Cash Flow From Continuing Operating Activities | -389,881 | -640,877 | -498,950 | -1.1M |
| Depreciation And Amortization | 449,626 | 434,744 | 395,002 | 192,699 |
| Depreciation Amortization Depletion | 449,626 | 434,744 | 395,002 | 192,699 |
| Stock Based Compensation | 112,733 | 36,432 | 428,911 | 529,549 |
| Deferred Tax | -- | -140,669 | -- | -97,309 |
| Deferred Income Tax | -- | -140,669 | -- | -97,309 |
| Change In Working Capital | 164,526 | -65,302 | 236,392 | 346,959 |
| Changes In Account Receivables | -20,392 | 7,674 | 203,353 | -150,453 |
| Change In Receivables | -20,392 | 7,674 | 203,353 | -112,709 |
| Change In Payables And Accrued Expense | 171,719 | -66,591 | 42,785 | 186,747 |
| Change In Payable | 171,719 | -66,591 | 42,785 | 186,747 |
| Other Non Cash Items | 757,698 | 674,505 | 481,690 | 308,288 |
| Capital Expenditure | -119,266 | -168,818 | -304,586 | -415,989 |
| Purchase Of PPE | -- | -- | -- | -3,721 |
| Net PPE Purchase And Sale | -- | -- | -- | -3,721 |
| Investing Cash Flow | -119,266 | -168,818 | -304,586 | -415,989 |
| Cash Flow From Continuing Investing Activities | -119,266 | -168,818 | -304,586 | -415,989 |
| Issuance Of Debt | -- | 500,000 | -- | 1.2M |
| Repayment Of Debt | -- | -- | -3,268 | -13,984 |
| Net Issuance Payments Of Debt | -- | 500,000 | -3,268 | 1.2M |
| Issuance Of Capital Stock | 947,550 | -- | -- | -- |
| Net Common Stock Issuance | 947,550 | -- | -- | -- |
| Financing Cash Flow | 538,550 | 734,000 | 171,540 | 1.2M |
| Cash Flow From Continuing Financing Activities | 538,550 | 734,000 | 171,540 | 1.2M |
| Changes In Cash | 29,403 | -75,695 | -631,996 | -393,961 |
| Beginning Cash Position | 39,733 | 115,428 | 747,424 | 1.1M |
| End Cash Position | 69,136 | 39,733 | 115,428 | 747,424 |
| Free Cash Flow | -509,147 | -809,695 | -803,536 | -1.6M |
| Amortization Cash Flow | 448,240 | 432,963 | 391,353 | -- |
| Amortization Of Intangibles | 448,240 | 432,963 | 391,353 | -- |
| Cash Dividends Paid | -- | -- | 0.00 | 0.00 |
| Change In Account Payable | 171,719 | -66,591 | 42,785 | 186,747 |
| Change In Prepaid Assets | 13,199 | -6,385 | -9,746 | 272,921 |
| Common Stock Issuance | 947,550 | -- | -- | -- |
| Depreciation | 1,386 | 1,781 | 3,649 | -- |
| Interest Paid Cff | -- | -- | -192.00 | -2,626 |
| Long Term Debt Issuance | -- | 500,000 | -- | 1.2M |
| Long Term Debt Payments | -- | -- | -3,268 | -13,984 |
| Net Income From Continuing Operations | -2.7M | -2.8M | -2.9M | 428,774 |
| Net Intangibles Purchase And Sale | -119,266 | -168,818 | -304,586 | -412,268 |
| Net Long Term Debt Issuance | -- | 500,000 | -3,268 | 1.2M |
| Net Other Financing Charges | -409,000 | 234,000 | 175,000 | -13,984 |
| Purchase Of Intangibles | -- | -168,818 | -304,586 | -412,268 |
| Unrealized Gain Loss On Investment Securities | 818,745 | 1.2M | 873,021 | -2.9M |