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Gatekeeper Systems Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Aug 31, 2025 FY 2024Aug 31, 2024 FY 2023Aug 31, 2023 FY 2022Aug 31, 2022 FY 2021Aug 31, 2021
Total Revenue 31.8M 37.8M 27.8M 20.0M --
Operating Revenue 31.8M 37.8M 27.8M 20.0M --
Cost Of Revenue 18.7M 20.6M 15.3M 10.7M --
Gross Profit 13.1M 17.2M 12.5M 9.3M --
Selling General And Administration 12.4M 9.5M 7.0M 5.6M --
General And Administrative Expense 11.1M 8.2M 6.3M 5.2M --
Research And Development 3.7M 2.8M 2.3M 2.1M --
Depreciation And Amortization In Income Statement 546,661 544,779 374,866 365,720 --
Operating Expense 16.6M 12.8M 9.6M 8.0M --
Operating Income -3.5M 4.4M 2.9M 1.3M --
EBIT -3.5M 4.4M 3.1M 1.7M --
Interest Expense 288,031 182,104 227,364 220,230 --
Interest Expense Non Operating 288,031 182,104 227,364 220,230 --
Interest Income 52,280 62,389 51,642 9,631 --
Interest Income Non Operating 52,280 62,389 51,642 9,631 --
Net Interest Income -235,751 -119,715 -175,722 -210,599 --
Other Income Expense 17,593 -21,339 126,942 358,843 --
Special Income Charges -364,844 -70,404 -73,724 -55,234 --
Write Off 364,844 70,404 73,724 55,234 --
Gain On Sale Of Security 382,437 49,065 200,666 414,077 --
Pretax Income -3.7M 4.3M 2.9M 1.4M --
Tax Provision -681,067 2.3M 59,972 -432,000 --
Tax Effect Of Unusual Items 3,196 -3,201 2,651 94,053 --
Net Income From Continuing And Discontinued Operation -3.1M 2.0M 2.8M 1.9M --
Net Income From Continuing Operation Net Minority Interest -3.1M 2.0M 2.8M 1.9M --
Net Income Including Noncontrolling Interests -3.1M 2.0M 2.8M 1.9M --
Net Income Common Stockholders -3.1M 2.0M 2.8M 1.9M --
Net Income -3.1M 2.0M 2.8M 1.9M --
EBITDA -2.9M 5.0M 3.5M 2.0M --
Normalized EBITDA -2.9M 5.0M 3.3M 1.7M --
Reconciled Depreciation 546,661 544,779 374,866 365,927 --
Basic EPS -0.03 0.02 0.03 0.02 --
Diluted EPS -0.03 0.02 0.03 0.02 --
Basic Average Shares 94.9M 92.5M 91.5M 90.9M --
Diluted Average Shares 94.9M 95.8M 93.7M 95.0M --
Total Unusual Items 17,593 -21,339 126,942 358,843 --
Total Unusual Items Excluding Goodwill 17,593 -21,339 126,942 358,843 --
Tax Rate For Calcs 0.18 0.15 0.02 0.26 --
Normalized Income -3.1M 2.0M 2.7M 1.6M --
Depreciation Amortization Depletion Income Statement 546,661 544,779 374,866 365,720 --
Depreciation Income Statement 546,661 544,779 374,866 365,720 --
Diluted NI Availto Com Stockholders -3.1M 2.0M 2.8M 1.9M --
Gain On Sale Of Ppe -- -- -- -- 0.00
Net Income Continuous Operations -3.1M 2.0M 2.8M 1.9M --
Net Non Operating Interest Income Expense -235,751 -119,715 -175,722 -210,599 --
Other Gand A 4.3M 2.2M 1.7M 1.3M --
Reconciled Cost Of Revenue 18.7M 20.6M 15.3M 10.7M --
Rent And Landing Fees 279,150 246,973 96,215 84,948 --
Rent Expense Supplemental 279,150 246,973 96,215 84,948 --
Salaries And Wages 6.5M 5.7M 4.5M 3.8M --
Selling And Marketing Expense 1.3M 1.3M 698,904 369,624 --
Total Expenses 35.3M 33.4M 24.9M 18.7M --
Total Operating Income As Reported -3.8M 4.2M 2.7M 1.1M --
Line Item FY 2025Aug 31, 2025 FY 2024Aug 31, 2024 FY 2023Aug 31, 2023 FY 2022Aug 31, 2022 FY 2021Aug 31, 2021
Cash And Cash Equivalents 14.8M 6.7M 4.1M 2.6M --
Cash Cash Equivalents And Short Term Investments 14.8M 6.7M 4.1M 2.6M --
Cash Financial 14.8M 6.7M 4.1M 2.6M --
Accounts Receivable 8.0M 7.7M 5.0M 8.6M --
Receivables 8.0M 8.4M 6.2M 8.6M --
Inventory 11.8M 4.7M 5.9M 8.5M --
Prepaid Assets -- -- -- 364,402 261,884
Other Current Assets 1.1M 459,425 443,062 364,402 --
Current Assets 35.6M 20.2M 16.7M 20.1M --
Gross PPE 4.7M 4.4M 3.1M 2.8M --
Accumulated Depreciation -3.2M -2.6M -2.1M -1.7M --
Net PPE 1.5M 1.8M 1.1M 1.2M --
Goodwill 156,968 154,101 154,558 149,760 --
Goodwill And Other Intangible Assets 165,135 163,085 164,359 160,378 --
Other Intangible Assets 8,167 8,984 9,801 10,618 --
Total Non Current Assets 2.9M 2.1M 2.9M 2.9M --
Total Assets 38.5M 22.4M 19.6M 23.0M --
Current Debt -- -- -- 3.5M --
Current Debt And Capital Lease Obligation 337,426 295,771 187,764 3.7M --
Accounts Payable 7.8M 965,730 862,996 4.2M --
Payables 9.7M 2.4M 2.6M 4.7M --
Payables And Accrued Expenses 11.0M 2.9M 3.0M 5.1M --
Current Accrued Expenses 1.3M 564,653 423,585 358,888 --
Current Deferred Revenue 657,051 308,140 120,883 78,061 --
Current Liabilities 12.0M 3.5M 3.3M 8.9M --
Long Term Debt And Capital Lease Obligation 411,778 687,236 561,851 738,025 --
Long Term Capital Lease Obligation 411,778 687,236 561,851 738,025 --
Total Non Current Liabilities Net Minority Interest 411,778 687,236 561,851 1.6M --
Total Liabilities Net Minority Interest 12.4M 4.2M 3.9M 10.5M --
Common Stock 28.4M 17.6M 17.1M 17.0M --
Capital Stock 28.4M 17.6M 17.1M 17.0M --
Retained Earnings -5.0M -1.9M -3.9M -6.8M --
Gains Losses Not Affecting Retained Earnings 2.7M 2.5M 2.6M 2.3M --
Other Equity Adjustments 2.7M 2.5M 2.6M 2.3M --
Common Stock Equity 26.1M 18.2M 15.7M 12.5M --
Stockholders Equity 26.1M 18.2M 15.7M 12.5M --
Total Equity Gross Minority Interest 26.1M 18.2M 15.7M 12.5M --
Total Capitalization 26.1M 18.2M 15.7M 12.5M --
Net Tangible Assets 25.9M 18.0M 15.6M 12.4M --
Tangible Book Value 25.9M 18.0M 15.6M 12.4M --
Working Capital 23.6M 16.7M 13.4M 11.2M --
Invested Capital 26.1M 18.2M 15.7M 16.1M --
Total Debt 749,204 983,007 749,615 4.5M --
Net Debt -- -- -- 932,364 --
Share Issued 103.9M 93.6M 91.8M 91.4M --
Ordinary Shares Number 103.9M 93.6M 91.8M 91.4M --
Buildings And Improvements 1.3M 1.3M 1.3M 1.2M --
Capital Lease Obligations 749,204 983,007 749,615 927,643 --
Construction In Progress -- -- -- 60,525 60,525
Current Capital Lease Obligation 337,426 295,771 187,764 189,618 --
Current Deferred Liabilities 657,051 308,140 120,883 78,061 --
Finished Goods 11.2M 4.1M 5.5M 7.6M --
Income Tax Payable 0.00 634,077 0.00 -- --
Leases 388,719 365,828 345,130 336,229 --
Line Of Credit -- -- 0.00 3.5M 0.00
Loans Receivable 0.00 658,755 1.1M 0.00 --
Machinery Furniture Equipment 2.7M 2.4M 1.2M 979,221 --
Non Current Deferred Assets 1.2M 191,000 1.7M 1.6M --
Non Current Deferred Taxes Assets 1.2M 191,000 1.7M 1.6M --
Non Current Note Receivables -- -- -- 0.00 200,000
Other Payable 1.8M 748,430 1.7M 568,070 --
Other Properties 341,655 337,477 304,210 293,238 --
Other Receivables 3,721 -1,188 480.00 1,376 --
Properties 0.00 0.00 0.00 0.00 --
Raw Materials 635,624 551,077 427,690 854,610 --
Taxes Receivable 0.00 15,031 112,712 0.00 --
Total Tax Payable 61,682 636,039 1,585 45.00 --
Tradeand Other Payables Non Current -- -- 0.00 840,000 1.1M
Line Item FY 2025Aug 31, 2025 FY 2024Aug 31, 2024 FY 2023Aug 31, 2023 FY 2022Aug 31, 2022 FY 2021Aug 31, 2021
Operating Cash Flow -2.2M 4.2M 6.5M -4.6M --
Cash Flow From Continuing Operating Activities -2.2M 4.2M 6.5M 5.4M --
Depreciation And Amortization 546,661 544,779 374,866 365,927 --
Depreciation Amortization Depletion 546,661 544,779 374,866 365,927 --
Stock Based Compensation 187,840 204,220 232,928 265,134 --
Deferred Tax -1.0M 1.5M -66,000 -432,000 --
Deferred Income Tax -1.0M 1.5M -66,000 -432,000 --
Change In Working Capital 1.1M 11,365 3.5M 3.7M --
Changes In Account Receivables -- -- 6.1M -9.0M -999,494
Change In Receivables 1.1M -3.9M 6.1M -9.0M --
Change In Inventory -7.2M 1.3M 2.7M -3.5M --
Change In Payables And Accrued Expense 7.5M 2.5M -5.3M 16.3M --
Change In Payable 7.5M 2.5M -5.3M 16.3M --
Change In Other Working Capital 348,793 189,117 40,196 69,784 --
Other Non Cash Items 44,867 46,341 15,868 -10.0M --
Capital Expenditure -174,655 -774,591 -232,350 -30,222 --
Purchase Of PPE -174,655 -774,591 -232,350 -30,222 --
Net PPE Purchase And Sale -174,655 -774,591 -232,350 -30,222 --
Investing Cash Flow -174,655 -774,591 -232,350 -30,222 --
Cash Flow From Continuing Investing Activities -174,655 -774,591 -232,350 -30,222 --
Repayment Of Debt -378,233 -347,260 -232,289 -204,372 --
Net Issuance Payments Of Debt -378,233 -347,260 -3.8M 3.3M --
Issuance Of Capital Stock 11.5M 0.00 -- -- --
Net Common Stock Issuance 11.5M 0.00 -- -- --
Financing Cash Flow 10.3M -831,222 -4.8M 3.6M --
Cash Flow From Continuing Financing Activities 10.3M -831,222 -4.8M 3.9M --
Effect Of Exchange Rate Changes 46,738 -7,132 13,074 6,034 --
Changes In Cash 8.0M 2.6M 1.5M -1.0M --
Beginning Cash Position 6.7M 4.1M 2.6M 3.6M --
End Cash Position 14.8M 6.7M 4.1M 2.6M --
Free Cash Flow -2.3M 3.4M 6.3M -4.6M --
Income Tax Paid Supplemental Data 360,933 130,833 125,972 -- --
Interest Paid Supplemental Data 137,370 177,158 229,555 210,285 --
Amortization Cash Flow 818.00 818.00 817.00 817.00 --
Amortization Of Intangibles 818.00 818.00 817.00 817.00 --
Asset Impairment Charge 31,851 39,626 72,852 0.00 --
Change In Account Payable 6.4M 1.5M -5.4M 16.3M --
Change In Income Tax Payable -656,261 734,508 -94,074 -- --
Change In Prepaid Assets -613,262 -5,894 -73,785 -97,632 --
Change In Tax Payable -656,261 734,508 -94,074 -- --
Common Stock Issuance 11.5M 0.00 -- -- --
Depreciation 545,843 543,961 374,049 365,110 --
Long Term Debt Payments -378,233 -347,260 -232,289 -204,372 --
Net Foreign Currency Exchange Gain Loss 2,961 -78,024 -369,200 -437,625 --
Net Income From Continuing Operations -3.1M 2.0M 2.8M 1.9M --
Net Intangibles Purchase And Sale -- -- -- 0.00 -12,251
Net Long Term Debt Issuance -378,233 -347,260 -232,289 -204,372 --
Net Other Financing Charges -906,617 -799,200 -1.1M -80,000 --
Net Short Term Debt Issuance -- 0.00 -3.5M 3.5M -1.4M
Operating Gains Losses 2,961 -78,024 -369,200 -437,625 --
Proceeds From Stock Option Exercised 128,663 315,238 76,800 371,950 --
Purchase Of Intangibles -- -- -- -- -12,251
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