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Interfor Corporation

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 2.8B 3.0B 3.3B 4.6B --
Operating Revenue 2.8B 3.0B 3.3B 4.6B --
Cost Of Revenue 2.6B 2.9B 3.2B 3.4B --
Gross Profit 185.9M 112.2M 156.8M 1.2B --
Selling General And Administration 58.8M 59.4M 74.5M 58.8M --
General And Administrative Expense 58.8M 59.4M 74.5M 58.8M --
Depreciation And Amortization In Income Statement 149.1M 177.5M 187.4M 154.9M --
Operating Expense 513.7M 310.3M 349.6M 338.3M --
Operating Income -327.8M -198.1M -192.8M 863.6M --
EBIT -360.0M -281.3M -287.5M 840.4M --
Interest Expense 100.7M 74.9M 70.4M 25.5M --
Interest Expense Non Operating 100.7M 74.9M 70.4M 25.5M --
Interest Income 30.1M 30.9M 26.1M 10.4M --
Interest Income Non Operating 30.1M 30.9M 26.1M 10.4M --
Net Interest Income -71.5M -44.6M -45.0M -15.6M --
Other Income Expense -61.4M -113.5M -120.1M -33.1M --
Special Income Charges -84.1M -44.9M -118.2M 21.8M --
Restructuring And Mergern Acquisition 7.6M 8.7M 2.3M 800,000 --
Write Off -- -- -- -- 0.00
Gain On Sale Of Security 22.7M -68.6M -1.9M -54.9M --
Pretax Income -460.7M -356.2M -357.9M 814.9M --
Tax Provision -116.3M -51.9M -91.1M 216.7M --
Tax Effect Of Unusual Items -15.5M -16.5M -30.6M -8.8M --
Net Income From Continuing And Discontinued Operation -344.4M -304.3M -266.8M 598.2M --
Net Income From Continuing Operation Net Minority Interest -344.4M -304.3M -266.8M 598.2M --
Net Income Including Noncontrolling Interests -344.4M -304.3M -266.8M 598.2M --
Net Income Common Stockholders -344.4M -304.3M -266.8M 598.2M --
Net Income -344.4M -304.3M -266.8M 598.2M --
EBITDA -176.6M -62.0M -59.0M 1.0B --
Normalized EBITDA -115.2M 51.5M 61.1M 1.1B --
Reconciled Depreciation 183.4M 219.3M 228.5M 194.6M --
Basic EPS -- -5.91 -5.19 10.89 12.88
Diluted EPS -- -5.91 -5.19 10.86 12.84
Basic Average Shares -- 51.4M 51.4M 54.9M 63.6M
Diluted Average Shares -- 51.4M 51.4M 55.1M 63.8M
Total Unusual Items -61.4M -113.5M -120.1M -33.1M --
Total Unusual Items Excluding Goodwill -61.4M -113.5M -120.1M -33.1M --
Tax Rate For Calcs 0.25 0.15 0.25 0.27 --
Normalized Income -298.5M -207.3M -177.3M 622.5M --
Average Dilution Earnings 0.00 0.00 -- -- --
Depletion Income Statement 34.3M 41.8M 41.1M 39.7M --
Depreciation Amortization Depletion Income Statement 183.4M 219.3M 228.5M 194.6M --
Depreciation Income Statement 149.1M 177.5M 187.4M 154.9M --
Diluted NI Availto Com Stockholders -344.4M -304.3M -266.8M 598.2M --
Gain On Sale Of Business 28.0M 64.9M -61.4M 0.00 --
Gain On Sale Of Ppe -32.7M -16.6M -1.1M 13.7M --
Impairment Of Capital Assets 71.5M 84.4M 57.3M 3.2M --
Net Income Continuous Operations -344.4M -304.3M -266.8M 598.2M --
Net Non Operating Interest Income Expense -71.5M -44.6M -45.0M -15.6M --
Other Gand A 61.6M 61.2M 65.8M 67.2M --
Other Special Charges 300,000 100,000 -3.9M -12.1M --
Other Taxes 271.5M 31.6M 46.6M 84.9M --
Reconciled Cost Of Revenue 2.6B 2.9B 3.2B 3.4B --
Salaries And Wages -2.8M -1.8M 8.7M -8.4M --
Selling And Marketing Expense -- -- -- 67.2M 52.4M
Total Expenses 3.1B 3.2B 3.5B 3.7B --
Total Operating Income As Reported -327.8M -198.1M -192.8M 863.6M --
Total Other Finance Cost 900,000 600,000 700,000 500,000 --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 32.2M 43.4M 55.0M 77.6M --
Cash Cash Equivalents And Short Term Investments 32.2M 43.4M 55.0M 77.6M --
Accounts Receivable 81.4M 109.5M 184.4M 174.1M --
Receivables 84.7M 109.5M 252.8M 278.2M --
Inventory 219.4M 283.5M 339.2M 396.9M --
Prepaid Assets 23.1M 21.9M 26.9M 25.9M --
Current Assets 403.2M 476.7M 673.9M 778.6M --
Gross PPE 2.6B 2.8B 2.8B 2.6B --
Accumulated Depreciation -1.4B -1.3B -1.1B -902.3M --
Net PPE 1.3B 1.5B 1.6B 1.7B --
Goodwill 498.9M 546.6M 530.5M 532.2M --
Goodwill And Other Intangible Assets 716.9M 769.4M 781.0M 804.6M --
Other Intangible Assets 218.0M 222.8M 250.5M 272.4M --
Investments And Advances 5.2M 15.0M 27.3M 43.9M --
Long Term Equity Investment 5.2M 15.0M 27.3M 43.9M --
Other Non Current Assets -- -- -- 281.6M --
Total Non Current Assets 2.3B 2.6B 2.7B 2.8B --
Total Assets 2.7B 3.1B 3.4B 3.6B --
Current Debt 45.7M 48.0M 44.1M 7.3M --
Current Debt And Capital Lease Obligation 63.8M 68.3M 61.3M 22.1M --
Accounts Payable 141.9M 203.1M 258.9M 285.6M --
Payables 143.1M 216.0M 259.1M 285.9M --
Payables And Accrued Expenses 143.1M 216.0M 259.1M 285.9M --
Other Current Liabilities -- 1.4M -- -- --
Current Liabilities 225.9M 302.2M 336.2M 325.9M --
Long Term Debt 784.1M 856.7M 853.6M 790.6M --
Long Term Debt And Capital Lease Obligation 809.7M 882.5M 876.7M 811.0M --
Long Term Capital Lease Obligation 25.6M 25.8M 23.1M 20.4M --
Other Non Current Liabilities -- -- -- 24.2M --
Total Non Current Liabilities Net Minority Interest 1.2B 1.2B 1.3B 1.3B --
Total Liabilities Net Minority Interest 1.5B 1.5B 1.7B 1.6B --
Common Stock 546.1M 409.0M 408.9M 408.7M --
Capital Stock 546.1M 409.0M 408.9M 408.7M --
Additional Paid In Capital 6.7M 6.6M 6.2M 5.5M --
Retained Earnings 528.5M 870.0M 1.2B 1.4B --
Gains Losses Not Affecting Retained Earnings 186.7M 246.9M 145.5M 175.9M --
Common Stock Equity 1.3B 1.5B 1.7B 2.0B --
Stockholders Equity 1.3B 1.5B 1.7B 2.0B --
Total Equity Gross Minority Interest 1.3B 1.5B 1.7B 2.0B --
Total Capitalization 2.1B 2.4B 2.6B 2.8B --
Net Tangible Assets 551.1M 763.1M 949.4M 1.2B --
Tangible Book Value 551.1M 763.1M 949.4M 1.2B --
Working Capital 177.3M 174.5M 337.7M 452.7M --
Invested Capital 2.1B 2.4B 2.6B 2.8B --
Total Debt 873.5M 950.8M 938.0M 833.1M --
Net Debt 797.6M 861.3M 842.7M 720.3M --
Share Issued 65.8M 51.5M 51.4M 51.4M --
Ordinary Shares Number 65.8M 51.5M 51.4M 51.4M --
Assets Held For Sale Current 43.8M 18.4M 0.00 -- --
Buildings And Improvements 378.3M 408.9M 258.6M 248.8M --
Capital Lease Obligations 43.7M 46.1M 40.3M 35.2M --
Construction In Progress 143.0M 118.6M 184.0M 179.1M --
Current Capital Lease Obligation 18.1M 20.3M 17.2M 14.8M --
Current Provisions 19.0M 16.5M 15.8M 17.9M --
Defined Pension Benefit 18.4M 16.8M 15.5M 18.4M --
Employee Benefits 18.2M 21.9M 27.9M 26.3M --
Finished Goods 170.1M 230.9M 284.1M 335.5M --
Foreign Currency Translation Adjustments 186.7M 246.9M 145.5M 175.9M --
Income Tax Payable 1.2M 12.9M 200,000 300,000 --
Investmentsin Subsidiariesat Cost 5.2M 15.0M 27.3M 43.9M --
Land And Improvements 35.5M 45.7M 193.0M 176.9M --
Line Of Credit -- -- -- 0.00 2.2M
Long Term Provisions 23.6M 31.6M 33.4M 33.2M --
Machinery Furniture Equipment 2.1B 2.2B 2.1B 2.0B --
Non Current Accounts Receivable 290.2M 278.7M 238.4M 227.4M --
Non Current Deferred Assets 5.8M 2.1M 2.4M 3.6M --
Non Current Deferred Liabilities 183.9M 307.4M 391.1M 396.3M --
Non Current Deferred Taxes Assets 2.2M 900,000 700,000 1.4M --
Non Current Deferred Taxes Liabilities 183.9M 305.1M 358.1M 393.0M --
Non Current Prepaid Assets 9.1M 9.5M 7.2M 8.1M --
Other Current Borrowings 45.7M 48.0M 44.1M 7.3M --
Other Inventories 49.3M 52.6M 55.1M 61.4M --
Other Properties 27.8M 29.6M 22.0M 21.6M --
Properties 0.00 0.00 0.00 0.00 --
Taxes Receivable 3.3M 0.00 68.4M 104.1M --
Total Tax Payable 1.2M 12.9M 200,000 300,000 --
Tradeand Other Payables Non Current 192.2M 600,000 -- -- --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 44.6M 144.3M 119.8M 732.4M --
Cash Flow From Continuing Operating Activities 44.6M 144.3M 119.8M 732.4M --
Depreciation And Amortization 183.4M 219.3M 228.5M 194.6M --
Depreciation Amortization Depletion 183.4M 219.3M 228.5M 194.6M --
Stock Based Compensation 100,000 400,000 800,000 1.0M --
Deferred Tax -116.3M -51.9M -91.1M 216.7M --
Deferred Income Tax -116.3M -51.9M -91.1M 216.7M --
Change In Working Capital 62.7M 90.1M -22.9M 213.5M --
Changes In Account Receivables 24.8M 80.8M -7.5M 135.4M --
Change In Receivables 24.8M 80.8M -7.5M 135.4M --
Change In Inventory 61.1M 61.2M 55.1M 141.0M --
Change In Payables And Accrued Expense -21.7M -57.9M -69.9M -63.6M --
Change In Payable -21.7M -57.9M -69.9M -63.6M --
Other Non Cash Items 48.6M -8.9M 122.3M 300,000 --
Capital Expenditure -90.3M -74.1M -199.4M -305.5M --
Purchase Of PPE -90.3M -74.1M -199.4M -305.5M --
Net PPE Purchase And Sale -73.2M -47.5M -194.1M -273.5M --
Purchase Of Business -7.1M -- 0.00 -967.0M -539.9M
Sale Of Business -- 35.1M 1.0M -- --
Investing Cash Flow -77.8M -9.9M -189.8M -1.2B --
Cash Flow From Continuing Investing Activities -77.8M -9.9M -189.8M -1.2B --
Issuance Of Debt 14.5M 45.3M 128.2M 399.8M --
Repayment Of Debt -70.1M -138.0M -25.5M -23.5M --
Net Issuance Payments Of Debt -55.6M -92.7M 102.7M 376.3M --
Issuance Of Capital Stock 137.1M 100,000 100,000 400,000 --
Repurchase Of Capital Stock -- -- 0.00 -327.8M -152.9M
Net Common Stock Issuance 137.1M 100,000 100,000 -327.4M --
Common Stock Payments -- -- 0.00 -327.8M -152.9M
Financing Cash Flow 24.1M -149.5M 49.7M 31.0M --
Cash Flow From Continuing Financing Activities 24.1M -149.5M 49.7M 31.0M --
Effect Of Exchange Rate Changes -2.1M 3.5M -2.3M 19.3M --
Changes In Cash -9.1M -15.1M -20.3M -480.3M --
Beginning Cash Position 43.4M 55.0M 77.6M 538.6M --
End Cash Position 32.2M 43.4M 55.0M 77.6M --
Free Cash Flow -45.7M 70.2M -79.6M 426.9M --
Amortization Cash Flow 11.4M 19.7M 22.9M 23.6M --
Amortization Of Intangibles 11.4M 19.7M 22.9M 23.6M --
Asset Impairment Charge 71.5M 84.4M 57.3M 3.2M --
Cash Dividends Paid 0.00 0.00 0.00 0.00 --
Change In Account Payable -21.7M -57.9M -69.9M -63.6M --
Change In Prepaid Assets -1.5M 6.0M -600,000 700,000 --
Common Stock Issuance 137.1M 100,000 100,000 400,000 --
Depletion -- -- -- -- 29.4M
Depreciation 172.0M 199.6M 205.6M 171.0M --
Gain Loss On Sale Of PPE 32.7M 16.6M -- -- --
Interest Paid Cff -54.1M -56.9M -52.9M -17.1M --
Long Term Debt Issuance 14.5M 45.3M 128.2M 399.8M --
Long Term Debt Payments -70.1M -138.0M -25.5M -23.5M --
Net Business Purchase And Sale -7.1M 35.1M 1.0M -967.0M --
Net Foreign Currency Exchange Gain Loss -15.2M 33.4M -9.3M 37.4M --
Net Income From Continuing Operations -344.4M -304.3M -266.8M 598.2M --
Net Intangibles Purchase And Sale -- -- -- 0.00 -29,000
Net Long Term Debt Issuance -55.6M -92.7M 102.7M 376.3M --
Net Other Financing Charges -3.3M -- -200,000 -800,000 -1.2M
Net Other Investing Changes 2.5M 2.5M 3.3M -3.2M --
Operating Gains Losses 8.2M 45.4M -15.3M 7.2M --
Provisionand Write Offof Assets 148.9M -400,000 7.9M -30.3M --
Purchase Of Intangibles -- -- -- 0.00 -29,000
Sale Of PPE 17.1M 26.6M 5.3M 32.0M --
Taxes Refund Paid -18.1M 70.2M 99.1M -472.0M --
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