Halmont Properties 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 | 32.0M | 28.0M | 19.5M | 13.5M |
| Operating Revenue | 32.0M | 28.0M | 19.5M | 13.5M |
| Cost Of Revenue | 1.7M | 1.3M | 1.7M | 1.5M |
| Gross Profit | 30.3M | 26.7M | 17.8M | 12.0M |
| Selling General And Administration | 1.1M | 662,000 | 1.4M | 351,000 |
| General And Administrative Expense | 1.1M | 662,000 | 1.4M | 351,000 |
| Operating Expense | 1.1M | 662,000 | 1.4M | 351,000 |
| Operating Income | 29.2M | 26.0M | 16.4M | 11.6M |
| EBIT | 29.2M | 26.0M | 16.4M | 11.6M |
| Interest Expense | 6.8M | 4.9M | 3.4M | 3.5M |
| Interest Expense Non Operating | 6.8M | 4.9M | 3.4M | 3.5M |
| Net Interest Income | -6.8M | -4.9M | -3.4M | -3.5M |
| Pretax Income | 22.4M | 21.1M | 13.0M | 8.2M |
| Tax Provision | 4.0M | 2.6M | 2.4M | 934,000 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 17.1M | 17.3M | 9.8M | 7.3M |
| Net Income From Continuing Operation Net Minority Interest | 17.1M | 17.3M | 9.8M | 7.3M |
| Net Income Including Noncontrolling Interests | 18.4M | 18.5M | 10.7M | 7.3M |
| Minority Interests | -1.3M | -1.2M | -853,000 | -553,000 |
| Net Income Common Stockholders | 17.1M | 17.3M | 9.8M | 7.3M |
| Net Income | 17.1M | 17.3M | 9.8M | 7.3M |
| EBITDA | 29.2M | 26.0M | 16.4M | 11.6M |
| Normalized EBITDA | 29.2M | 26.0M | 16.4M | 11.6M |
| Basic EPS | 0.13 | 0.13 | 0.07 | 0.05 |
| Diluted EPS | 0.09 | 0.09 | 0.05 | 0.04 |
| Basic Average Shares | 124.0M | 123.9M | 123.9M | 123.9M |
| Diluted Average Shares | 185.1M | 186.0M | 186.0M | 154.8M |
| Tax Rate For Calcs | 0.17 | 0.14 | 0.19 | 0.11 |
| Normalized Income | 17.1M | 17.3M | 9.8M | 7.3M |
| Diluted NI Availto Com Stockholders | 17.1M | 17.3M | 9.8M | 7.3M |
| Net Income Continuous Operations | 18.4M | 18.5M | 10.7M | 7.3M |
| Net Non Operating Interest Income Expense | -6.8M | -4.9M | -3.4M | -3.5M |
| Other Gand A | 1.1M | 662,000 | 1.4M | 351,000 |
| Preferred Stock Dividends | -- | -- | -- | 800,000 |
| Reconciled Cost Of Revenue | 1.7M | 1.3M | 1.7M | 1.5M |
| Total Expenses | 2.9M | 2.0M | 3.1M | 1.9M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 264,000 | 0.00 | 0.00 | 87,000 |
| Cash Cash Equivalents And Short Term Investments | 8.6M | 5.6M | 0.00 | 87,000 |
| Cash Financial | 264,000 | 0.00 | 0.00 | 87,000 |
| Other Short Term Investments | 8.4M | 5.6M | -- | -- |
| Receivables | 47.0M | 43.1M | 60.0M | 81.1M |
| Inventory | -- | 94.1M | 71.2M | 93.7M |
| Current Assets | 55.7M | 48.7M | 60.0M | 81.2M |
| Investments And Advances | 41.8M | 38.9M | 36.8M | 35.4M |
| Long Term Equity Investment | 41.8M | 38.9M | 36.8M | 35.4M |
| Total Non Current Assets | 356.1M | 204.9M | 164.0M | 184.6M |
| Total Assets | 411.8M | 253.6M | 224.0M | 265.8M |
| Current Debt | -- | 3,000 | 8,000 | 14,000 |
| Current Debt And Capital Lease Obligation | -- | 3,000 | 8,000 | 14,000 |
| Accounts Payable | 4.5M | 458,000 | 3.5M | 3.4M |
| Payables | 5.2M | 658,000 | 3.5M | 3.4M |
| Payables And Accrued Expenses | 5.2M | 658,000 | 3.5M | 3.4M |
| Current Liabilities | 5.2M | 661,000 | 3.5M | 3.4M |
| Long Term Debt | 147.8M | 68.3M | 57.0M | 110.1M |
| Long Term Debt And Capital Lease Obligation | 150.6M | 71.4M | 57.0M | 110.1M |
| Long Term Capital Lease Obligation | 2.8M | 3.1M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 163.2M | 80.6M | 65.3M | 116.1M |
| Total Liabilities Net Minority Interest | 168.4M | 81.2M | 68.8M | 119.5M |
| Common Stock | 108.5M | 58.5M | 58.5M | 58.5M |
| Capital Stock | 108.5M | 58.5M | 58.5M | 58.5M |
| Retained Earnings | 78.8M | 63.2M | 47.5M | 39.2M |
| Gains Losses Not Affecting Retained Earnings | 4.1M | 1.8M | 1.7M | 1.9M |
| Other Equity Adjustments | 4.1M | 1.8M | 1.7M | 1.9M |
| Common Stock Equity | 216.3M | 148.5M | 132.7M | 124.6M |
| Stockholders Equity | 216.3M | 148.5M | 132.7M | 124.6M |
| Total Equity Gross Minority Interest | 243.4M | 172.3M | 155.3M | 146.3M |
| Minority Interest | 27.0M | 23.8M | 22.6M | 21.7M |
| Total Capitalization | 364.1M | 216.8M | 189.6M | 234.6M |
| Net Tangible Assets | 216.3M | 148.5M | 132.7M | 124.6M |
| Tangible Book Value | 216.3M | 148.5M | 132.7M | 124.6M |
| Working Capital | 50.5M | 48.0M | 56.5M | 77.7M |
| Invested Capital | 364.1M | 216.8M | 189.6M | 234.7M |
| Total Debt | 150.6M | 71.4M | 57.0M | 110.1M |
| Net Debt | 147.5M | 68.3M | 57.0M | 110.0M |
| Share Issued | 154.7M | 123.9M | 123.9M | 123.9M |
| Ordinary Shares Number | 154.7M | 123.9M | 123.9M | 123.9M |
| Capital Lease Obligations | 2.8M | 3.1M | -- | 2.3M |
| Current Capital Lease Obligation | -- | -- | -- | 2.3M |
| Finished Goods | -- | 94.1M | 71.2M | 93.7M |
| Investment Properties | 314.2M | 165.9M | 127.3M | 149.2M |
| Investments In Other Ventures Under Equity Method | 41.8M | 38.9M | 36.8M | 35.4M |
| Line Of Credit | 0.00 | 3,000 | 8,000 | 14,000 |
| Loans Receivable | 37.8M | 36.2M | 60.0M | 81.1M |
| Non Current Deferred Liabilities | 12.6M | 9.2M | 8.3M | 6.0M |
| Non Current Deferred Taxes Liabilities | 12.6M | 9.2M | 8.3M | 6.0M |
| Other Current Borrowings | -- | -- | -- | 8.3M |
| Other Equity Interest | 25.0M | 25.0M | 25.0M | 25.0M |
| Other Receivables | 9.2M | 6.9M | -- | -- |
| Total Tax Payable | 700,000 | 200,000 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 3.1M | 2.7M | 845,000 | 2.0M |
| Cash Flow From Continuing Operating Activities | 3.1M | 2.7M | 845,000 | 2.0M |
| Deferred Tax | -4.0M | -2.6M | -2.4M | 934,000 |
| Deferred Income Tax | -4.0M | -2.6M | -2.4M | 934,000 |
| Change In Working Capital | -390,000 | 2.7M | 1.4M | -973,000 |
| Other Non Cash Items | -- | -- | -6.8M | -4.0M |
| Purchase Of Investment | -- | -- | -6.5M | -9.7M |
| Sale Of Investment | -- | -- | -- | 1.2M |
| Net Investment Purchase And Sale | 0.00 | -4.9M | 0.00 | -9.7M |
| Investing Cash Flow | -104.4M | -9.6M | 55.5M | -37.9M |
| Cash Flow From Continuing Investing Activities | -104.4M | -9.6M | 55.5M | -39.1M |
| Issuance Of Debt | -- | -- | -- | 25.0M |
| Repayment Of Debt | -- | -- | -- | -3.1M |
| Net Issuance Payments Of Debt | 0.00 | -8,000 | -17.3M | 21.9M |
| Issuance Of Capital Stock | 50.0M | 0.00 | -- | -- |
| Financing Cash Flow | 101.5M | 6.9M | -56.4M | 36.0M |
| Cash Flow From Continuing Financing Activities | 101.5M | 6.9M | -56.4M | 36.0M |
| Changes In Cash | 264,000 | -- | -87,000 | 23,000 |
| Beginning Cash Position | 0.00 | 0.00 | 87,000 | 64,000 |
| End Cash Position | 264,000 | 0.00 | 0.00 | 87,000 |
| Free Cash Flow | 3.1M | 2.7M | 845,000 | 2.0M |
| Interest Paid Supplemental Data | 2.6M | 2.6M | 3.4M | 3.4M |
| Cash Dividends Paid | -800,000 | -800,000 | -800,000 | -800,000 |
| Earnings Losses From Equity Investments | -2.9M | -2.8M | -1.6M | -1.0M |
| Gain Loss On Investment Securities | -8.0M | -13.0M | -7.2M | -188,000 |
| Interest Paid Cff | -1.0M | -1.0M | -1.0M | 0.00 |
| Long Term Debt Issuance | -- | -- | -- | 25.0M |
| Long Term Debt Payments | -- | -- | -- | -3.1M |
| Net Business Purchase And Sale | -- | -- | -- | -819,000 |
| Net Income From Continuing Operations | 18.4M | 18.5M | 10.7M | 7.3M |
| Net Investment Properties Purchase And Sale | -117.2M | -22.5M | 38.1M | 19.8M |
| Net Long Term Debt Issuance | 0.00 | -8,000 | -17.3M | 21.9M |
| Net Other Financing Charges | 53.3M | 8.7M | -37.3M | 14.8M |
| Net Other Investing Changes | 12.8M | 17.8M | 17.4M | -48.1M |
| Net Preferred Stock Issuance | 50.0M | 0.00 | -- | -- |
| Operating Gains Losses | -10.9M | -15.8M | -8.8M | -1.2M |
| Preferred Stock Dividend Paid | -800,000 | -800,000 | -800,000 | -800,000 |
| Preferred Stock Issuance | 50.0M | 0.00 | -- | -- |
| Purchase Of Investment Properties | -127.2M | -22.5M | -3.7M | -15.4M |
| Sale Of Investment Properties | 10.0M | 0.00 | 41.8M | 35.2M |