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iFabric Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Total Revenue 27.3M 19.7M 19.8M
Operating Revenue 27.3M 19.7M 19.8M
Cost Of Revenue 16.0M 12.7M 12.0M
Gross Profit 11.3M 7.0M 7.8M
Selling General And Administration 9.2M 6.8M 5.1M
General And Administrative Expense 6.6M 5.4M 4.1M
Depreciation And Amortization In Income Statement 196,480 103,847 90,095
Other Operating Expenses 35,604 8,925 -288,540
Operating Expense 9.4M 7.0M 4.9M
Operating Income 1.9M 34.00 2.9M
EBIT 2.3M -157,758 3.1M
Interest Expense 97,050 49,723 53,402
Interest Expense Non Operating 97,050 49,723 53,402
Net Interest Income -97,050 -49,723 -53,402
Other Income Expense 414,800 -157,792 223,000
Special Income Charges 361,763 17,500 0.00
Gain On Sale Of Security 53,037 -175,292 223,000
Pretax Income 2.2M -207,481 3.0M
Tax Provision 600,756 244,975 667,087
Tax Effect Of Unusual Items 111,822 -41,357 48,901
Net Income From Continuing And Discontinued Operation 1.6M -454,998 2.4M
Net Income From Continuing Operation Net Minority Interest 1.6M -454,998 2.4M
Net Income Including Noncontrolling Interests 1.6M -452,456 2.4M
Minority Interests 4,894 -2,542 -5,308
Net Income Common Stockholders 1.6M -454,998 2.4M
Net Income 1.6M -454,998 2.4M
EBITDA 2.6M -27,091 3.2M
Normalized EBITDA 2.1M 130,701 3.0M
Reconciled Depreciation 232,084 130,667 116,915
Basic EPS 0.05 -0.01 0.08
Diluted EPS 0.05 -0.01 0.08
Basic Average Shares 28.0M 29.7M 28.1M
Diluted Average Shares 28.0M 30.4M 29.2M
Total Unusual Items 414,800 -157,792 223,000
Total Unusual Items Excluding Goodwill 414,800 -157,792 223,000
Tax Rate For Calcs 0.27 0.26 0.22
Normalized Income 1.3M -338,563 2.2M
Depreciation Amortization Depletion Income Statement 196,480 103,847 90,095
Depreciation Income Statement 196,480 103,847 90,095
Diluted NI Availto Com Stockholders 1.6M -454,998 2.4M
Gain On Sale Of Ppe -217.00 17,500 0.00
Insurance And Claims 308,254 256,060 215,579
Net Income Continuous Operations 1.6M -452,456 2.4M
Net Non Operating Interest Income Expense -97,050 -49,723 -53,402
Other Gand A 3.6M 3.1M 2.8M
Other Special Charges -361,980 -- --
Provision For Doubtful Accounts -5,432 122,402 --
Reconciled Cost Of Revenue 16.0M 12.7M 12.0M
Salaries And Wages 2.7M 2.1M 1.1M
Selling And Marketing Expense 2.5M 1.3M 982,641
Total Expenses 25.4M 19.7M 16.9M
Total Operating Income As Reported 2.2M -67,584 2.5M
Line Item FY 2024Dec 31, 2024 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Cash And Cash Equivalents 2.1M 944,725 8.9M
Cash Cash Equivalents And Short Term Investments 2.1M 944,725 8.9M
Cash Financial 2.1M 944,725 8.9M
Accounts Receivable 7.0M 6.9M 6.4M
Receivables 7.4M 7.0M 6.5M
Inventory 10.2M 9.4M 3.0M
Prepaid Assets 4.5M 5.3M 4.7M
Current Assets 24.3M 22.7M 23.2M
Gross PPE 4.4M 3.9M 3.7M
Accumulated Depreciation -920,342 -749,773 -675,243
Net PPE 3.5M 3.2M 3.0M
Goodwill 55,050 55,050 55,050
Goodwill And Other Intangible Assets 55,050 55,050 55,050
Total Non Current Assets 5.2M 4.7M 4.4M
Total Assets 29.5M 27.4M 27.6M
Current Debt 935,532 1.2M 1.2M
Current Debt And Capital Lease Obligation 1.0M 1.2M 1.2M
Accounts Payable 3.9M 2.0M 2.2M
Payables 4.1M 2.3M 2.5M
Payables And Accrued Expenses 4.4M 2.7M 3.2M
Current Accrued Expenses 307,903 386,109 632,917
Current Deferred Revenue 66,450 98,416 357,433
Current Liabilities 5.5M 4.0M 4.8M
Long Term Debt 495,441 581,320 530,422
Long Term Debt And Capital Lease Obligation 846,139 614,660 551,277
Long Term Capital Lease Obligation 350,698 33,340 20,855
Total Non Current Liabilities Net Minority Interest 846,139 614,660 551,277
Total Liabilities Net Minority Interest 6.3M 4.6M 5.4M
Common Stock 8.9M 13.7M 13.6M
Capital Stock 8.9M 13.7M 13.6M
Additional Paid In Capital 6.8M 852,679 --
Retained Earnings 4.7M 5.2M 5.6M
Gains Losses Not Affecting Retained Earnings 367,355 259,111 3.1M
Common Stock Equity 23.1M 22.8M 22.3M
Stockholders Equity 23.1M 22.8M 22.3M
Total Equity Gross Minority Interest 23.1M 22.8M 22.3M
Minority Interest 5,641 12,855 10,313
Total Capitalization 23.6M 23.3M 22.8M
Net Tangible Assets 23.1M 22.7M 22.2M
Tangible Book Value 23.1M 22.7M 22.2M
Working Capital 18.8M 18.7M 18.4M
Invested Capital 24.6M 24.5M 24.0M
Total Debt 1.9M 1.8M 1.8M
Net Debt -- 792,650 --
Share Issued 30.3M 29.8M 29.6M
Ordinary Shares Number 30.3M 29.8M 29.6M
Allowance For Doubtful Accounts Receivable -3.5M -126,089 -38,132
Capital Lease Obligations 452,627 52,548 51,468
Current Capital Lease Obligation 101,929 19,208 30,613
Current Deferred Assets -- 26,424 43,447
Current Deferred Liabilities 66,450 118,330 377,347
Dueto Related Parties Current -- 4,559 0.00
Dueto Related Parties Non Current -- 547,372 530,422
Finished Goods -- -- 3.0M
Gross Accounts Receivable 10.5M 7.0M 6.4M
Hedging Assets Current 219,285 0.00 0.00
Income Tax Payable 24,847 195,097 256,426
Land And Improvements 3.6M 3.5M 3.4M
Line Of Credit 779,639 1.1M 1.2M
Machinery Furniture Equipment 469,743 390,870 257,923
Non Current Deferred Assets 1.6M 1.4M 1.3M
Non Current Deferred Taxes Assets 1.4M 1.2M 1.0M
Non Current Note Receivables 0.00 87,248 131,404
Other Current Borrowings 155,893 17,351 --
Other Equity Interest 2.4M 2.8M --
Other Payable 215,321 151,412 57,391
Other Properties 394,379 52,548 54,168
Other Receivables 370,537 71,480 12,984
Properties 0.00 0.00 0.00
Restricted Cash -- -- 0.00
Taxes Receivable 20,439 39,780 90,521
Total Tax Payable 24,847 195,097 256,426
Tradeand Other Payables Non Current -- 0.00 0.00
Line Item FY 2024Dec 31, 2024 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Operating Cash Flow 301,782 -8.2M -2.2M
Cash Flow From Continuing Operating Activities 301,782 -8.2M -2.2M
Depreciation And Amortization 232,084 130,667 116,915
Depreciation Amortization Depletion 232,084 130,667 116,915
Stock Based Compensation 548,040 472,952 21,994
Deferred Tax 501,500 -212,116 289,016
Deferred Income Tax 501,500 -212,116 289,016
Change In Working Capital -2.8M -8.2M -5.0M
Changes In Account Receivables -3.0M -564,433 -2.0M
Change In Receivables -2.9M -469,536 -1.9M
Change In Inventory -685,571 -6.3M 123,118
Change In Payables And Accrued Expense 1.3M -482,679 1.1M
Change In Payable 1.3M -482,679 1.1M
Change In Other Working Capital -11,363 -259,017 -3.9M
Change In Other Current Assets -307,956 0.00 126,994
Other Non Cash Items 31,339 2,944 2,944
Capital Expenditure -92,859 -242,756 -253,399
Purchase Of PPE -92,859 -242,756 -253,399
Net PPE Purchase And Sale -52,859 -242,756 -253,399
Investing Cash Flow -52,859 -242,756 -253,399
Cash Flow From Continuing Investing Activities -52,859 -242,756 -253,399
Issuance Of Debt -- 46,740 40,000
Repayment Of Debt -211,582 -106,321 -114,644
Net Issuance Payments Of Debt -211,582 -59,581 -74,644
Issuance Of Capital Stock -- 80,000 11.8M
Net Common Stock Issuance -- 80,000 11.8M
Financing Cash Flow -214,742 41,928 10.5M
Cash Flow From Continuing Financing Activities -214,742 41,928 10.5M
Effect Of Exchange Rate Changes 452,231 455,662 -242,697
Changes In Cash 34,181 -8.4M 8.0M
Beginning Cash Position 1.6M 8.9M 1.2M
End Cash Position 2.1M 944,725 8.9M
Free Cash Flow 208,923 -8.5M -2.5M
Income Tax Paid Supplemental Data -- 406,105 536,940
Amortization Cash Flow 35,604 26,820 26,820
Amortization Of Intangibles 35,604 26,820 26,820
Asset Impairment Charge 0.00 0.00 --
Cash Dividends Paid -- 0.00 0.00
Change In Account Payable 1.3M -421,350 1.2M
Change In Income Tax Payable -17,524 -61,329 -68,349
Change In Prepaid Assets -158,273 -604,396 -627,366
Change In Tax Payable -17,524 -61,329 -68,349
Common Stock Issuance -- 80,000 11.8M
Depreciation 196,480 103,847 90,095
Gain Loss On Investment Securities 154,806 -- --
Gain Loss On Sale Of PPE 217.00 0.00 --
Interest Paid Cff -- -2,944 -2,944
Long Term Debt Issuance -- 46,740 40,000
Long Term Debt Payments -101,516 -29,561 -114,644
Net Income From Continuing Operations 1.6M -452,456 2.4M
Net Long Term Debt Issuance -101,516 17,179 -74,644
Net Other Financing Charges -3,160 21,509 -1.2M
Net Short Term Debt Issuance -110,066 -76,760 --
Operating Gains Losses 155,023 -- --
Proceeds From Stock Option Exercised 0.00 80,000 11.8M
Sale Of PPE 40,000 0.00 --
Short Term Debt Payments -110,066 -76,760 --
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