Imaging Dynamics Company Ltd.
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 | 63,064 | 103,647 | 223,404 | 253,325 |
| Operating Revenue | 63,064 | 103,647 | 223,404 | 253,325 |
| Cost Of Revenue | 18,150 | 55,553 | 66,423 | 131,234 |
| Gross Profit | 44,914 | 48,094 | 156,981 | 122,091 |
| Selling General And Administration | 833,636 | 867,777 | 754,444 | 714,731 |
| General And Administrative Expense | 833,636 | 867,777 | 754,444 | 705,016 |
| Depreciation And Amortization In Income Statement | 70,790 | 73,541 | 77,196 | -- |
| Other Operating Expenses | -8,307 | -13,201 | 4,864 | -- |
| Operating Expense | 896,119 | 928,117 | 836,504 | 714,731 |
| Operating Income | -851,205 | -880,023 | -679,523 | -592,640 |
| EBIT | -1.2M | -828,678 | -440,770 | -596,879 |
| Interest Expense | 237,000 | 188,276 | 154,277 | 96,865 |
| Interest Expense Non Operating | 237,000 | 188,276 | 154,277 | 96,865 |
| Net Interest Income | -237,000 | -188,276 | -154,277 | -96,865 |
| Other Income Expense | -385,927 | 51,345 | 238,753 | -4,239 |
| Other Non Operating Income Expenses | -- | -- | 380,298 | -- |
| Special Income Charges | 4,220 | -4,220 | 0.00 | 0.00 |
| Write Off | -4,220 | 4,220 | 0.00 | 0.00 |
| Gain On Sale Of Security | -390,147 | 55,565 | -141,545 | -4,239 |
| Pretax Income | -1.5M | -1.0M | -595,047 | -693,744 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.5M | -1.0M | -595,047 | -693,744 |
| Net Income From Continuing Operation Net Minority Interest | -1.5M | -1.0M | -595,047 | -693,744 |
| Net Income Including Noncontrolling Interests | -1.5M | -1.0M | -595,047 | -693,744 |
| Net Income Common Stockholders | -1.5M | -1.0M | -595,047 | -693,744 |
| Net Income | -1.5M | -1.0M | -595,047 | -693,744 |
| EBITDA | -1.2M | -755,137 | -363,574 | -533,582 |
| Normalized EBITDA | -780,415 | -806,482 | -222,029 | -529,343 |
| Reconciled Depreciation | 70,790 | 73,541 | 77,195 | 63,297 |
| Basic EPS | -0.14 | -0.10 | -0.06 | -0.07 |
| Diluted EPS | -0.14 | -0.10 | -0.06 | -0.07 |
| Basic Average Shares | 10.3M | 10.3M | 10.3M | 10.3M |
| Diluted Average Shares | 10.3M | 10.3M | 10.3M | 10.3M |
| Total Unusual Items | -385,927 | 51,345 | -141,545 | -4,239 |
| Total Unusual Items Excluding Goodwill | -385,927 | 51,345 | -141,545 | -4,239 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -1.1M | -1.1M | -453,502 | -689,505 |
| Depreciation Amortization Depletion Income Statement | 70,790 | 73,541 | 77,196 | -- |
| Diluted NI Availto Com Stockholders | -1.5M | -1.0M | -595,047 | -693,744 |
| Impairment Of Capital Assets | -- | -- | -- | 0.00 |
| Insurance And Claims | 24,134 | 24,475 | 30,300 | -- |
| Net Income Continuous Operations | -1.5M | -1.0M | -595,047 | -693,744 |
| Net Non Operating Interest Income Expense | -237,000 | -188,276 | -154,277 | -96,865 |
| Other Gand A | 462,385 | 558,664 | 519,756 | 705,016 |
| Reconciled Cost Of Revenue | 18,150 | 55,553 | 66,424 | 131,234 |
| Salaries And Wages | 347,117 | 284,638 | 204,388 | -- |
| Selling And Marketing Expense | -- | -- | 2,409 | 9,715 |
| Total Expenses | 914,269 | 983,670 | 902,927 | 845,965 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 110,470 | 118,567 | 28,365 | 48,111 |
| Cash Cash Equivalents And Short Term Investments | 110,470 | 118,567 | 28,365 | 48,111 |
| Cash Financial | 110,470 | 118,567 | -- | -- |
| Accounts Receivable | 5,735 | 7,724 | 6,928 | 4,813 |
| Receivables | 5,735 | 30,996 | 6,928 | 4,813 |
| Inventory | 24,578 | 20,137 | 16,813 | 23,185 |
| Prepaid Assets | -- | -- | -- | 31,269 |
| Other Current Assets | 17,890 | 17,890 | 22,637 | 31,269 |
| Current Assets | 158,673 | 187,590 | 74,743 | 107,378 |
| Gross PPE | 396,986 | 393,015 | 376,821 | 373,293 |
| Accumulated Depreciation | -289,732 | -218,942 | -145,401 | -68,206 |
| Net PPE | 107,254 | 174,073 | 231,420 | 305,087 |
| Total Non Current Assets | 107,254 | 174,073 | 231,420 | 305,087 |
| Total Assets | 265,927 | 361,663 | 306,163 | 412,465 |
| Current Debt | 4.6M | 3.4M | 2.4M | 1.5M |
| Current Debt And Capital Lease Obligation | 4.7M | 3.5M | 2.5M | 1.6M |
| Accounts Payable | 110,506 | 129,502 | 108,889 | 177,737 |
| Payables | 151,593 | 166,623 | 172,140 | 632,768 |
| Payables And Accrued Expenses | 752,102 | 505,657 | 352,914 | 706,565 |
| Current Accrued Expenses | 600,509 | 339,034 | 180,774 | 73,797 |
| Current Deferred Revenue | 26,389 | 30,158 | 30,000 | 24,353 |
| Other Current Liabilities | -- | 1.00 | -- | -- |
| Current Liabilities | 5.5M | 4.1M | 2.9M | 2.3M |
| Long Term Debt | -- | -- | -- | 25,726 |
| Long Term Debt And Capital Lease Obligation | 0.00 | 81,333 | 157,866 | 219,550 |
| Long Term Capital Lease Obligation | 0.00 | 81,333 | 157,866 | 219,550 |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 81,333 | 157,866 | 245,276 |
| Total Liabilities Net Minority Interest | 5.5M | 4.1M | 3.1M | 2.6M |
| Common Stock | 96.5M | 96.5M | 96.5M | 96.5M |
| Capital Stock | 96.5M | 96.5M | 96.5M | 96.5M |
| Additional Paid In Capital | 15.3M | 15.3M | 15.3M | 8.1M |
| Retained Earnings | -117.1M | -115.6M | -114.6M | -113.8M |
| Gains Losses Not Affecting Retained Earnings | -- | 0.00 | 0.00 | -201,529 |
| Other Equity Adjustments | -- | -- | -- | -201,529 |
| Common Stock Equity | -5.3M | -3.8M | -2.8M | -2.2M |
| Stockholders Equity | -5.3M | -3.8M | -2.8M | -2.2M |
| Total Equity Gross Minority Interest | -5.3M | -3.8M | -2.8M | -2.2M |
| Total Capitalization | -5.3M | -3.8M | -2.8M | -2.2M |
| Net Tangible Assets | -5.3M | -3.8M | -2.8M | -2.2M |
| Tangible Book Value | -5.3M | -3.8M | -2.8M | -2.2M |
| Working Capital | -5.4M | -3.9M | -2.8M | -2.2M |
| Invested Capital | -610,359 | -356,788 | -338,291 | -650,151 |
| Total Debt | 4.7M | 3.6M | 2.7M | 1.8M |
| Net Debt | 4.5M | 3.3M | 2.4M | 1.5M |
| Share Issued | 10.3M | 10.3M | 10.3M | 10.3M |
| Ordinary Shares Number | 10.3M | 10.3M | 10.3M | 10.3M |
| Allowance For Doubtful Accounts Receivable | 0.00 | -4,220 | -960.00 | -898.00 |
| Buildings And Improvements | 309,206 | 309,206 | 309,206 | 309,206 |
| Capital Lease Obligations | 81,333 | 157,866 | 223,569 | 272,865 |
| Current Capital Lease Obligation | 81,333 | 76,533 | 65,703 | 53,315 |
| Current Deferred Liabilities | 26,389 | 30,158 | 30,000 | 24,353 |
| Current Provisions | 16,462 | 24,769 | 37,971 | 33,107 |
| Finished Goods | 15,013 | 16,440 | 14,366 | 3,242 |
| Gross Accounts Receivable | 5,735 | 11,944 | 7,888 | 5,711 |
| Interest Payable | 600,509 | 339,034 | 180,774 | 73,797 |
| Leases | -- | -- | -- | 309,206 |
| Machinery Furniture Equipment | 87,780 | 83,809 | 67,615 | 64,087 |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 25,726 |
| Non Current Deferred Revenue | -- | -- | 0.00 | 25,726 |
| Other Current Borrowings | 4.6M | 3.4M | 2.4M | 1.5M |
| Other Equity Interest | -- | -- | -- | 7.2M |
| Other Payable | 41,087 | 37,121 | 63,251 | 455,031 |
| Other Receivables | -- | 23,272 | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 9,565 | 3,697 | 2,447 | 19,943 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -784,761 | -838,658 | -697,211 | -493,251 |
| Cash Flow From Continuing Operating Activities | -784,761 | -838,658 | -697,211 | -493,251 |
| Depreciation And Amortization | 70,790 | 73,541 | 77,195 | 63,297 |
| Depreciation Amortization Depletion | 70,790 | 73,541 | 77,195 | 63,297 |
| Change In Working Capital | 263,495 | 160,258 | -365,115 | 111,349 |
| Change In Receivables | 25,261 | -24,068 | -2,115 | 1,354 |
| Change In Inventory | -4,441 | -3,324 | 6,372 | 71,748 |
| Change In Payables And Accrued Expense | 246,444 | 152,745 | -353,651 | 64,759 |
| Change In Payable | 246,444 | 152,745 | -353,651 | 64,759 |
| Change In Other Working Capital | -3,769 | 30,158 | -24,353 | -20,810 |
| Other Non Cash Items | -35,030 | 16,788 | 52,161 | 18,288 |
| Capital Expenditure | -3,971 | -16,194 | -3,528 | -64,087 |
| Purchase Of PPE | -3,971 | -16,194 | -3,528 | -64,087 |
| Net PPE Purchase And Sale | -3,971 | -16,194 | -3,528 | -64,087 |
| Investing Cash Flow | -3,971 | -16,194 | -3,528 | -64,087 |
| Cash Flow From Continuing Investing Activities | -3,971 | -16,194 | -3,528 | -64,087 |
| Issuance Of Debt | 876,328 | 1.1M | 773,312 | 561,044 |
| Repayment Of Debt | -95,693 | -125,693 | -92,319 | -73,917 |
| Net Issuance Payments Of Debt | 780,635 | 945,054 | 680,993 | 487,127 |
| Financing Cash Flow | 780,635 | 945,054 | 680,993 | 487,127 |
| Cash Flow From Continuing Financing Activities | 780,635 | 945,054 | 680,993 | 487,127 |
| Changes In Cash | -8,097 | 90,202 | -19,746 | -70,211 |
| Beginning Cash Position | 118,567 | 28,365 | 48,111 | 118,322 |
| End Cash Position | 110,470 | 118,567 | 28,365 | 48,111 |
| Free Cash Flow | -788,732 | -854,852 | -700,739 | -557,338 |
| Interest Paid Supplemental Data | -- | -- | 0.00 | 0.00 |
| Asset Impairment Charge | -- | -- | -- | 0.00 |
| Change In Prepaid Assets | 0.00 | 4,747 | 8,632 | -5,702 |
| Depreciation | 70,790 | 73,541 | 77,195 | 63,297 |
| Gain Loss On Investment Securities | -- | -- | 4,864 | -20,430 |
| Long Term Debt Issuance | -- | -- | -- | 3,500 |
| Long Term Debt Payments | -95,693 | -95,693 | -92,319 | -73,917 |
| Net Foreign Currency Exchange Gain Loss | 390,116 | -72,291 | 133,595 | 7,559 |
| Net Income From Continuing Operations | -1.5M | -1.0M | -595,047 | -693,744 |
| Net Long Term Debt Issuance | -95,693 | -95,693 | -92,319 | -73,917 |
| Net Short Term Debt Issuance | 876,328 | 1.0M | 773,312 | 561,044 |
| Operating Gains Losses | 390,116 | -72,291 | 133,595 | 7,559 |
| Short Term Debt Issuance | 876,328 | 1.1M | 773,312 | 561,044 |
| Short Term Debt Payments | 0.00 | -30,000 | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | -- | -- | 4,274 | 3,500 |