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Gatekeeper Systems Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Total Revenue 5.9M 11.1M 7.5M 5.9M 7.3M -- --
Operating Revenue 5.9M 11.1M 7.5M 5.9M 7.3M -- --
Cost Of Revenue 3.2M 7.1M 3.8M 3.6M 4.1M -- --
Gross Profit 2.7M 4.0M 3.7M 2.3M 3.2M -- --
Selling General And Administration 3.0M 4.9M 2.6M 2.6M 2.2M -- --
General And Administrative Expense 2.7M 4.6M 2.2M 2.3M 2.0M -- --
Research And Development 1.1M 1.2M 871,591 871,436 780,290 -- --
Depreciation And Amortization In Income Statement 135,897 189,464 136,755 138,546 81,896 -- --
Operating Expense 4.2M 6.3M 3.6M 3.6M 3.1M -- --
Operating Income -1.5M -2.3M 55,923 -1.3M 94,387 -- --
EBIT -1.3M -2.7M -354,270 -894,530 463,317 -- --
Interest Expense 23,195 120,834 77,046 29,848 60,302 -- --
Interest Expense Non Operating 23,195 120,834 77,046 29,848 60,302 -- --
Interest Income 6,052 9,710 10,868 11,132 20,570 -- --
Interest Income Non Operating 6,052 9,710 10,868 11,132 20,570 -- --
Net Interest Income -17,143 -111,124 -66,178 -18,716 -39,732 -- --
Other Income Expense 263,372 -363,924 -381,583 411,743 351,357 -- --
Special Income Charges -1.00 -364,839 0.00 8,044 -8,050 -- --
Write Off 1.00 364,839 0.00 -8,044 8,050 -- --
Gain On Sale Of Security 263,373 915.00 -381,583 403,699 359,407 -- --
Pretax Income -1.3M -2.8M -431,316 -924,378 403,015 -- --
Tax Provision -298,000 -647,630 -131,127 137,690 40,000 -- --
Tax Effect Of Unusual Items 60,335 -84,291 -116,007 61,761 34,873 -- --
Net Income From Continuing And Discontinued Operation -1.0M -2.1M -300,189 -1.1M 363,015 -- --
Net Income From Continuing Operation Net Minority Interest -1.0M -2.1M -300,189 -1.1M 363,015 -- --
Net Income Including Noncontrolling Interests -1.0M -2.1M -300,189 -1.1M 363,015 -- --
Net Income Common Stockholders -1.0M -2.1M -300,189 -1.1M 363,015 -- --
Net Income -1.0M -2.1M -300,189 -1.1M 363,015 -- --
EBITDA -1.1M -2.5M -217,515 -755,984 577,016 -- --
Normalized EBITDA -1.3M -2.1M 164,068 -1.2M 225,659 -- --
Reconciled Depreciation 219,015 189,464 136,755 106,743 113,699 -- --
Basic EPS -0.01 -- -0.01 -0.01 0.01 -- -0.01
Diluted EPS -0.01 -- -0.01 -0.01 0.01 -- -0.01
Basic Average Shares 110.4M -- 94.0M 93.6M 93.7M -- 92.5M
Diluted Average Shares 110.4M -- 94.0M 101.6M 93.7M -- 92.5M
Total Unusual Items 263,372 -363,924 -381,583 411,743 351,357 -- --
Total Unusual Items Excluding Goodwill 263,372 -363,924 -381,583 411,743 351,357 -- --
Tax Rate For Calcs 0.23 0.23 0.30 0.15 0.10 -- --
Normalized Income -1.2M -1.9M -34,613 -1.4M 46,531 -- --
Depreciation Amortization Depletion Income Statement 135,897 189,464 136,755 138,546 81,896 -- --
Depreciation Income Statement 135,897 189,464 136,755 138,546 81,896 -- --
Diluted NI Availto Com Stockholders -1.0M -2.1M -300,189 -1.1M 363,015 -- --
Net Income Continuous Operations -1.0M -2.1M -300,189 -1.1M 363,015 -- --
Net Non Operating Interest Income Expense -17,143 -111,124 -66,178 -18,716 -39,732 -- --
Other Gand A 719,903 2.6M 611,064 663,902 465,804 -- --
Other Taxes -- -- -- -- -- -- 0.00
Reconciled Cost Of Revenue 3.1M 7.1M 3.8M 3.7M 4.1M -- --
Rent And Landing Fees 80,533 76,745 71,186 70,662 60,557 -- --
Rent Expense Supplemental 80,533 76,745 71,186 70,662 60,557 -- --
Salaries And Wages 1.9M 1.9M 605,892 1.6M 1.4M -- --
Selling And Marketing Expense 320,463 352,864 391,711 302,685 233,109 -- --
Total Expenses 7.5M 13.4M 7.4M 7.2M 7.2M -- --
Total Operating Income As Reported -1.6M -2.5M -60,167 -1.3M 32,585 -- --
Total Other Finance Cost -- -- -- -- -- -- 11,109
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Cash And Cash Equivalents 18.1M 14.8M 5.7M 8.5M 8.3M -- --
Cash Cash Equivalents And Short Term Investments 18.1M 14.8M 5.7M 8.5M 8.3M -- --
Cash Financial 18.1M 14.8M 5.7M 8.5M 8.3M -- --
Accounts Receivable 5.0M 8.0M 4.0M 2.6M 4.7M -- --
Receivables 5.3M 8.0M 4.8M 3.3M 5.4M -- --
Inventory 12.7M 11.8M 5.2M 5.6M 5.6M -- --
Other Current Assets 2.7M 1.1M 2.0M 516,065 452,961 -- --
Current Assets 38.9M 35.6M 17.7M 17.9M 19.7M -- --
Gross PPE 4.8M 4.7M 4.6M 4.7M 4.5M -- --
Accumulated Depreciation -3.3M -3.2M -3.0M -2.9M -2.7M -- --
Net PPE 1.5M 1.5M 1.7M 1.8M 1.8M -- --
Goodwill 159,561 156,968 157,151 164,919 160,029 -- --
Goodwill And Other Intangible Assets 167,524 165,135 165,523 173,495 168,809 -- --
Other Intangible Assets 7,963 8,167 8,372 8,576 8,780 -- --
Total Non Current Assets 3.2M 2.9M 2.3M 2.3M 2.1M -- --
Total Assets 42.0M 38.5M 20.0M 20.2M 21.8M -- --
Current Debt And Capital Lease Obligation 349,010 337,426 328,275 328,818 307,236 -- --
Accounts Payable 1.4M 7.8M 434,725 1.4M 367,592 -- --
Payables 2.4M 9.7M 1.1M 2.1M 1.9M -- --
Payables And Accrued Expenses 2.8M 11.0M 1.5M 1.0M 2.3M -- --
Current Accrued Expenses 378,987 1.3M 359,895 -1.0M 343,999 -- --
Current Deferred Revenue 742,188 657,051 295,899 405,412 444,619 -- --
Other Current Liabilities -- -- 1.00 -- -591,938 -- --
Current Liabilities 3.9M 12.0M 2.1M 1.8M 2.5M -- --
Long Term Debt And Capital Lease Obligation 326,883 411,778 498,460 604,932 625,229 -- --
Long Term Capital Lease Obligation 326,883 411,778 498,460 604,932 625,229 -- --
Total Non Current Liabilities Net Minority Interest 326,883 411,778 498,460 604,932 625,229 -- --
Total Liabilities Net Minority Interest 4.2M 12.4M 2.6M 2.4M 3.1M -- --
Common Stock 41.0M 28.4M 17.7M 17.7M 17.6M -- --
Capital Stock 41.0M 28.4M 17.7M 17.7M 17.6M -- --
Retained Earnings -6.0M -5.0M -2.9M -2.6M -1.6M -- --
Gains Losses Not Affecting Retained Earnings 2.8M 2.7M 2.7M 2.8M 2.7M -- --
Other Equity Adjustments 2.8M 2.7M 2.7M 2.8M 2.7M -- --
Common Stock Equity 37.8M 26.1M 17.4M 17.9M 18.8M -- --
Stockholders Equity 37.8M 26.1M 17.4M 17.9M 18.8M -- --
Total Equity Gross Minority Interest 37.8M 26.1M 17.4M 17.9M 18.8M -- --
Total Capitalization 37.8M 26.1M 17.4M 17.9M 18.8M -- --
Net Tangible Assets 37.7M 25.9M 17.3M 17.7M 18.6M -- --
Tangible Book Value 37.7M 25.9M 17.3M 17.7M 18.6M -- --
Working Capital 35.0M 23.6M 15.6M 16.1M 17.3M -- --
Invested Capital 37.8M 26.1M 17.4M 17.9M 18.8M -- --
Total Debt 675,893 749,204 826,735 933,750 932,465 -- --
Share Issued 110.4M 103.9M 94.0M 94.0M 93.7M -- --
Ordinary Shares Number 110.4M 103.9M 94.0M 94.0M 93.7M -- --
Buildings And Improvements 1.3M 1.3M 1.3M 1.3M 1.3M -- --
Capital Lease Obligations 675,893 749,204 826,735 933,750 932,465 -- --
Current Capital Lease Obligation 349,010 337,426 328,275 328,818 307,236 -- --
Current Deferred Liabilities 742,188 657,051 295,899 405,412 444,619 -- --
Finished Goods 10.9M 11.2M 4.8M 5.1M 5.0M -- --
Income Tax Payable -- 0.00 0.00 0.00 658,470 634,077 --
Leases 391,493 388,719 388,915 397,223 391,994 -- --
Loans Receivable -- 0.00 678,728 671,930 665,346 658,755 --
Machinery Furniture Equipment 2.8M 2.7M 2.7M 2.7M 2.5M -- --
Non Current Deferred Assets 1.5M 1.2M 501,000 373,000 151,000 -- --
Non Current Deferred Taxes Assets 1.5M 1.2M 501,000 373,000 151,000 -- --
Other Inventories -- -- -- -238.00 -- -- --
Other Payable 947,510 1.8M 682,200 656,739 918,872 -- --
Other Properties 339,667 341,655 338,691 341,837 339,857 -- --
Other Receivables 306,517 3,721 82,061 47,813 34,457 -- --
Properties 0.00 0.00 0.00 0.00 0.00 -- --
Raw Materials 1.8M 635,624 436,574 517,211 545,297 -- --
Taxes Receivable 45,110 0.00 21,942 5,026 27,813 -- --
Total Tax Payable 7,883 61,682 657.00 1,226 661,375 -- --
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q2 2025May 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024 Q2 2024May 31, 2024
Operating Cash Flow -9.2M -1.6M -2.5M 349,307 1.5M -- --
Cash Flow From Continuing Operating Activities -9.2M -1.6M -2.5M 349,308 1.5M -- --
Depreciation And Amortization 219,015 189,464 136,755 106,743 113,699 -- --
Depreciation Amortization Depletion 219,015 189,464 136,755 106,743 113,699 -- --
Stock Based Compensation 148,250 148,360 39,480 0.00 0.00 -- --
Deferred Tax -298,000 -732,000 -128,000 -222,000 40,000 -- --
Deferred Income Tax -298,000 -732,000 -128,000 -222,000 40,000 -- --
Change In Working Capital -7.9M 907,553 -2.6M 1.9M 980,460 -- --
Changes In Account Receivables -- -- -513,716 -- -- -- 4.7M
Change In Receivables 2.7M -3.2M -505,585 1.9M 2.9M -- --
Change In Inventory -739,377 -6.8M 156,639 134,991 -719,034 -- --
Change In Payables And Accrued Expense -8.4M 9.6M -703,338 -69,753 -1.3M -- --
Change In Payable -8.4M 9.6M -703,338 -69,753 -1.3M -- --
Change In Other Working Capital 74,715 367,054 -93,143 -48,353 123,235 -- --
Other Non Cash Items -- -47,737 9,016 71,542 12,046 -357,117 --
Capital Expenditure -5,859 -- -62,651 -143,490 -35,427 -- --
Purchase Of PPE -5,859 -18,237 22,499 -143,490 -35,427 -- --
Net PPE Purchase And Sale -5,859 -18,237 22,499 -143,490 -35,427 -- --
Investing Cash Flow -5,859 66,913 -62,651 -143,490 -35,427 -- --
Cash Flow From Continuing Investing Activities -5,859 66,913 -62,651 -143,490 -35,427 -- --
Repayment Of Debt -141,599 -378,233 181,453 -91,645 -89,808 -- --
Net Issuance Payments Of Debt -141,599 -378,233 181,453 -91,645 -89,808 -- --
Issuance Of Capital Stock 13.5M -- -- -- 0.00 -- --
Net Common Stock Issuance 13.5M -- -- -- 0.00 -- --
Financing Cash Flow 12.4M 10.6M -95,535 -55,945 -77,808 -- --
Cash Flow From Continuing Financing Activities 12.4M 10.6M -95,535 -55,945 -77,808 -- --
Effect Of Exchange Rate Changes 43,200 -16,695 -99,295 64,850 97,878 -- --
Changes In Cash 3.3M 9.1M -2.7M 149,871 1.4M -- --
Beginning Cash Position 14.8M 5.7M 8.5M 8.3M 6.7M -- --
End Cash Position 18.1M 14.8M 5.7M 8.5M 8.3M -- --
Free Cash Flow -9.2M -1.5M -2.6M 205,817 1.5M -- --
Income Tax Paid Supplemental Data 0.00 360,933 0.00 -360,933 360,933 -- --
Interest Paid Supplemental Data 0.00 -19,635 125,303 -105,668 137,370 -- --
Amortization Cash Flow 205.00 -- -- -- 0.00 -- --
Amortization Of Intangibles 205.00 -- -- -- 0.00 -- --
Asset Impairment Charge 31,851 -- -- -- 0.00 -- --
Change In Account Payable -8.2M 8.3M -696,540 136,831 -1.3M -- --
Change In Prepaid Assets -1.7M 932,494 -1.5M -59,980 15,395 -- --
Common Stock Issuance 13.5M -- -- -- 0.00 -- --
Depreciation 218,810 188,646 136,755 106,743 113,699 -- --
Long Term Debt Payments -141,599 -378,233 181,453 -91,645 -89,808 -- --
Net Foreign Currency Exchange Gain Loss -321,374 82,899 487,563 -607,033 39,532 -- --
Net Income From Continuing Operations -1.0M -2.1M -397,880 -884,378 363,015 -- --
Net Long Term Debt Issuance -141,599 -378,233 181,453 -91,645 -89,808 -- --
Net Other Financing Charges -961,893 -629,629 -- -- -- -- --
Net Short Term Debt Issuance -- -- -- -- -- 0.00 0.00
Operating Gains Losses -321,374 82,899 487,563 -607,033 39,532 -- --
Proceeds From Stock Option Exercised 45,862 80,963 0.00 35,700 12,000 -- --
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