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GINSMS Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Total Revenue -- 356,128 357,056 345,893 459,833
Operating Revenue -- 349,711 350,673 339,506 453,527
Cost Of Revenue -- 220,134 228,912 239,911 265,776
Gross Profit -- 135,994 128,144 105,982 194,057
Selling General And Administration -- 263,169 72,944 315,249 256,360
General And Administrative Expense -- 263,169 72,944 315,249 256,360
Research And Development -- 33,460 27,196 39,620 --
Depreciation And Amortization In Income Statement -- 12,000 12,175 12,682 12,538
Operating Expense -- 308,629 112,315 367,551 372,014
Operating Income -- -172,635 15,829 -261,569 -177,957
EBIT -- -166,829 -49,981 -295,740 -222,955
Interest Expense -- 904.00 1,124 1,385 1,562
Interest Expense Non Operating -- 904.00 1,124 1,385 1,562
Net Interest Income -- -904.00 -1,124 -1,385 -1,562
Other Income Expense -- 5,806 -65,810 -34,171 -44,998
Gain On Sale Of Security -- 5,806 -65,810 -34,171 -44,998
Pretax Income -- -167,733 -51,105 -297,125 -224,517
Tax Provision -- 55.00 130.00 0.00 24.00
Tax Effect Of Unusual Items -- 870.90 -9,872 0.00 -6,750
Net Income From Continuing And Discontinued Operation -- -167,116 -52,387 -295,708 -223,553
Net Income From Continuing Operation Net Minority Interest -- -167,116 -52,387 -295,708 -223,553
Net Income Including Noncontrolling Interests -- -167,788 -51,235 -297,125 -224,541
Minority Interests -- 672.00 -1,152 1,417 988.00
Net Income Common Stockholders -- -167,116 -52,387 -295,708 -223,553
Net Income -- -167,116 -52,387 -295,708 -223,553
EBITDA -- -148,373 -29,424 -273,498 -199,174
Normalized EBITDA -- -154,179 36,386 -239,327 -154,176
Reconciled Depreciation -- 18,456 20,557 22,242 23,781
Basic EPS -0.00 -0.09 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.09 -0.00 -0.00 -0.00
Basic Average Shares 190.8M 187.1M 187.1M 187.1M 188.7M
Diluted Average Shares 190.8M 187.1M 187.1M 187.1M 188.7M
Total Unusual Items -- 5,806 -65,810 -34,171 -44,998
Total Unusual Items Excluding Goodwill -- 5,806 -65,810 -34,171 -44,998
Tax Rate For Calcs -- 0.15 0.15 0.00 0.15
Normalized Income -- -172,051 3,552 -261,537 -185,305
Depreciation Amortization Depletion Income Statement -- 12,000 12,175 12,682 12,538
Depreciation Income Statement -- 12,000 12,175 12,682 12,538
Diluted NI Availto Com Stockholders -- -167,116 -52,387 -295,708 -223,553
Net Income Continuous Operations -- -167,788 -51,235 -297,125 -224,541
Net Non Operating Interest Income Expense -- -904.00 -1,124 -1,385 -1,562
Other Gand A -- 152,162 120,035 143,455 115,946
Reconciled Cost Of Revenue -- 213,678 220,530 230,351 254,533
Salaries And Wages -- 111,007 -47,091 171,794 140,414
Total Expenses -- 528,763 341,227 607,462 637,790
Total Operating Income As Reported -- -166,829 -49,981 -295,740 -222,955
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Cash And Cash Equivalents -- 62,858 111,300 82,611 191,903
Cash Cash Equivalents And Short Term Investments -- 62,858 111,300 82,611 191,903
Cash Financial -- 62,858 111,300 82,611 191,903
Accounts Receivable -- 557,370 642,267 736,968 671,730
Receivables -- 557,370 642,267 737,122 671,886
Prepaid Assets -- 63,544 59,184 68,067 68,360
Current Assets -- 683,772 812,751 887,800 932,149
Gross PPE -- 218,571 286,747 306,395 319,881
Accumulated Depreciation -- -152,286 -202,038 -199,194 -189,594
Net PPE -- 66,285 84,709 107,201 130,287
Goodwill -- 0.00 0.00 0.00 0.00
Goodwill And Other Intangible Assets -- 0.00 0.00 0.00 0.00
Total Non Current Assets -- 66,285 84,709 107,201 130,287
Total Assets -- 750,057 897,460 995,001 1.1M
Current Debt -- 2.0M 2.0M 2.1M 2.0M
Current Debt And Capital Lease Obligation -- 2.1M 2.1M 2.1M 2.1M
Accounts Payable -- 33,277 34,027 24,452 11,505
Payables -- 33,277 34,027 24,452 11,505
Payables And Accrued Expenses -- 635,489 673,638 786,357 719,374
Current Accrued Expenses -- 602,212 639,611 761,905 707,869
Current Deferred Revenue -- 20,353 34,298 30,061 0.00
Current Liabilities -- 3.7M 3.6M 3.8M 3.6M
Long Term Debt And Capital Lease Obligation -- 0.00 0.00 17,163 25,874
Long Term Capital Lease Obligation -- 0.00 0.00 17,163 25,874
Total Non Current Liabilities Net Minority Interest -- 0.00 0.00 17,163 25,874
Total Liabilities Net Minority Interest -- 3.7M 3.6M 3.8M 3.6M
Common Stock -- 15.1M 15.1M 15.1M 15.1M
Capital Stock -- 15.1M 15.1M 15.1M 15.1M
Retained Earnings -- -18.4M -18.2M -18.2M -17.9M
Gains Losses Not Affecting Retained Earnings -- 347,817 383,002 236,712 212,655
Other Equity Adjustments -- 347,817 383,002 236,712 212,655
Common Stock Equity -- -2.9M -2.7M -2.8M -2.5M
Stockholders Equity -- -2.9M -2.7M -2.8M -2.5M
Total Equity Gross Minority Interest -- -2.9M -2.7M -2.8M -2.5M
Minority Interest -- -15,571 -15,113 -16,744 -15,493
Total Capitalization -- -2.9M -2.7M -2.8M -2.5M
Net Tangible Assets -- -2.9M -2.7M -2.8M -2.5M
Tangible Book Value -- -2.9M -2.7M -2.8M -2.5M
Working Capital -- -3.0M -2.8M -2.9M -2.7M
Invested Capital -- -873,239 -686,375 -746,430 -497,190
Total Debt -- 2.1M 2.1M 2.1M 2.1M
Net Debt -- 2.0M 1.9M 2.0M 1.8M
Share Issued -- 187.1M 187.1M 187.1M 187.1M
Ordinary Shares Number -- 187.1M 187.1M 187.1M 187.1M
Allowance For Doubtful Accounts Receivable -- -155,763 -155,763 -155,763 -155,763
Capital Lease Obligations -- 36,147 48,496 62,355 74,990
Current Capital Lease Obligation -- 36,147 48,496 45,192 49,116
Current Deferred Liabilities -- 967,231 876,814 909,463 780,755
Gross Accounts Receivable -- 713,133 798,030 892,731 827,493
Leases -- 42,324 54,672 68,878 81,912
Machinery Furniture Equipment -- 176,247 232,075 237,517 237,969
Other Current Borrowings -- 2.0M 2.0M 2.1M 2.0M
Other Receivables -- -- -- -- --
Properties -- 0.00 0.00 0.00 0.00
Taxes Receivable -- 0.00 0.00 154.00 156.00
Total Tax Payable -- -- -- -- 0.00
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Operating Cash Flow -- -126,701 30,386 -208,609 -91,416
Cash Flow From Continuing Operating Activities -- -126,701 30,386 -208,609 -91,416
Depreciation And Amortization -- 18,456 20,557 22,242 23,781
Depreciation Amortization Depletion -- 18,456 20,557 22,242 23,781
Change In Working Capital -- 28,440 -4,899 32,103 30,447
Changes In Account Receivables -- 84,896 94,704 -65,240 -73,503
Change In Receivables -- 80,536 103,587 -65,240 -42,134
Change In Payables And Accrued Expense -- -52,096 -108,486 97,050 77,502
Other Non Cash Items -- 904.00 1,124 1,385 1,562
Capital Expenditure -- -1,038 -1,592 -- -1,814
Purchase Of PPE -- -1,038 -1,592 0.00 -1,814
Net PPE Purchase And Sale -- -1,038 -1,592 0.00 -1,814
Investing Cash Flow -- -1,038 -1,592 0.00 -1,814
Cash Flow From Continuing Investing Activities -- -1,038 -1,592 0.00 -1,814
Repayment Of Debt -- -11,746 -11,710 -11,991 -11,770
Net Issuance Payments Of Debt -- -11,746 -11,710 -11,991 -11,770
Financing Cash Flow -- 76,817 -9,055 75,967 44,783
Cash Flow From Continuing Financing Activities -- 76,817 -9,055 75,967 44,783
Effect Of Exchange Rate Changes -- 2,480 8,950 23,350 -245.00
Changes In Cash -- -50,922 19,739 -132,642 -48,447
Beginning Cash Position -- 111,300 82,611 191,903 240,595
End Cash Position -- 62,858 111,300 82,611 191,903
Free Cash Flow -- -127,739 28,794 -208,609 -93,230
Change In Prepaid Assets -- -- -- 293.00 --
Depreciation -- 18,456 20,557 22,242 23,781
Interest Paid Cfo -- -904.00 -1,124 -1,385 -1,562
Long Term Debt Payments -- -11,746 -11,710 -11,991 -11,770
Net Foreign Currency Exchange Gain Loss -- -5,806 65,810 34,171 44,998
Net Income From Continuing Operations -- -167,733 -51,105 -297,125 -224,517
Net Long Term Debt Issuance -- -11,746 -11,710 -11,991 -11,770
Net Other Financing Charges -- 88,563 2,655 87,958 56,553
Operating Gains Losses -- -5,806 65,810 34,171 44,998
Taxes Refund Paid -- -58.00 23.00 -- -57.00
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