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INEO Tech Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Total Revenue 288,171 382,311 456,001 293,254 278,704 --
Operating Revenue 288,171 382,311 456,001 293,254 278,704 --
Cost Of Revenue 162,133 242,295 252,066 140,414 166,315 --
Gross Profit 126,038 140,016 203,935 152,840 112,389 --
Selling General And Administration 449,702 825,147 635,017 566,210 429,795 --
General And Administrative Expense 287,551 904,398 436,997 398,511 262,911 --
Research And Development 224,841 226,619 194,189 223,472 147,843 --
Depreciation And Amortization In Income Statement 150,741 157,742 126,353 126,953 115,246 --
Operating Expense 825,284 1.2M 955,559 916,635 692,884 --
Operating Income -699,246 -1.1M -751,624 -763,795 -580,495 --
EBIT -722,548 -1.0M -826,792 -792,433 -586,717 --
Interest Expense 89,865 55,264 109,721 101,151 91,956 --
Interest Expense Non Operating 89,865 55,264 109,721 101,151 91,956 --
Net Interest Income -89,865 -55,264 -109,721 -101,151 -91,956 --
Other Income Expense -23,302 46,939 -75,168 -28,638 -6,222 --
Other Non Operating Income Expenses -14,507 -551.00 -47,012 1,154 -3,267 --
Special Income Charges -- 47,933 -2,794 -5,430 0.00 -11,344
Write Off -- 80.00 2,794 5,430 0.00 11,344
Gain On Sale Of Security -8,795 -443.00 -25,362 -24,362 -2,955 --
Pretax Income -812,413 -1.1M -936,513 -893,584 -678,673 --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -812,413 -1.1M -936,512 -893,584 -678,673 --
Net Income From Continuing Operation Net Minority Interest -812,413 -1.1M -936,512 -893,584 -678,673 --
Net Income Including Noncontrolling Interests -812,413 -1.1M -936,513 -893,584 -678,673 --
Net Income Common Stockholders -812,413 -1.1M -936,512 -893,584 -678,673 --
Net Income -812,413 -1.1M -936,512 -893,584 -678,673 --
EBITDA -571,806 -864,811 -700,439 -665,480 -471,471 --
Normalized EBITDA -563,011 -912,301 -672,283 -635,688 -468,516 --
Reconciled Depreciation 150,742 157,742 126,353 126,953 115,246 --
Basic EPS -0.01 -- -0.01 -0.01 -0.01 --
Diluted EPS -0.01 -- -0.01 -0.01 -0.01 --
Basic Average Shares 132.5M -- 112.6M 90.6M 84.5M --
Diluted Average Shares 132.5M -- 112.6M 90.6M 84.5M --
Total Unusual Items -8,795 47,490 -28,156 -29,792 -2,955 --
Total Unusual Items Excluding Goodwill -8,795 47,490 -28,156 -29,792 -2,955 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00 --
Normalized Income -803,618 -1.1M -908,356 -863,792 -675,718 --
Depreciation Amortization Depletion Income Statement 150,741 157,742 126,353 126,953 115,246 --
Diluted NI Availto Com Stockholders -812,413 -1.1M -936,512 -893,584 -678,673 --
Insurance And Claims 10,631 10,608 11,049 10,289 9,274 --
Net Income Continuous Operations -812,413 -1.1M -936,513 -893,584 -678,673 --
Net Non Operating Interest Income Expense -89,865 -55,264 -109,721 -101,151 -91,956 --
Other Gand A 20,400 224,629 98,769 48,261 48,759 --
Reconciled Cost Of Revenue 162,132 242,295 252,066 140,414 166,315 --
Rent And Landing Fees 18,379 11,131 17,864 15,261 23,030 --
Rent Expense Supplemental 18,379 11,131 17,864 15,261 23,030 --
Salaries And Wages 238,141 658,030 309,315 324,700 181,848 --
Selling And Marketing Expense 162,151 -79,251 198,020 167,699 166,884 --
Total Expenses 987,417 1.5M 1.2M 1.1M 859,199 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 11,497 110,909 694,244 1.5M 46,679 --
Cash Cash Equivalents And Short Term Investments 11,497 110,909 694,244 1.5M 46,679 --
Cash Financial 11,497 110,909 694,244 1.5M 46,679 --
Accounts Receivable 270,129 178,720 396,749 184,317 148,260 --
Receivables 495,731 412,184 440,660 224,848 156,615 --
Inventory 247,433 267,012 186,479 191,995 212,436 --
Prepaid Assets 24,967 7,523 12,613 17,965 31,862 --
Current Assets 779,628 797,628 1.3M 1.9M 447,592 --
Gross PPE 3.3M 3.4M 3.4M 3.1M 2.8M --
Accumulated Depreciation -1.6M -1.6M -1.4M -1.3M -1.2M --
Net PPE 1.7M 1.8M 2.0M 1.8M 1.6M --
Goodwill And Other Intangible Assets -- 0.00 0.00 0.00 542.00 1,085
Other Intangible Assets -- -- -- -- 542.00 1,085
Other Non Current Assets -- -- -- -- -1.00 --
Total Non Current Assets 1.7M 1.8M 2.0M 1.8M 1.6M --
Total Assets 2.5M 2.6M 3.3M 3.8M 2.1M --
Current Debt 1.2M 1.2M 1.2M 1.2M 317,400 --
Current Debt And Capital Lease Obligation 1.2M 1.2M 1.2M 1.2M 334,706 --
Accounts Payable 1.3M 921,123 555,108 1.0M 967,626 --
Payables 1.3M 933,159 555,108 1.2M 1.1M --
Payables And Accrued Expenses 2.6M 2.1M 1.7M 2.3M 2.0M --
Current Accrued Expenses 1.3M 1.2M 1.1M 1.1M 968,618 --
Current Deferred Revenue -- -- 0.00 0.00 0.00 0.00
Current Liabilities 3.9M 3.3M 2.9M 3.5M 2.4M --
Long Term Debt 321,601 334,598 347,635 380,465 1.4M --
Long Term Debt And Capital Lease Obligation 321,601 334,598 347,635 658,448 1.7M --
Long Term Capital Lease Obligation -- -- 0.00 277,983 277,020 0.00
Total Non Current Liabilities Net Minority Interest 441,601 454,598 467,635 778,448 1.8M --
Total Liabilities Net Minority Interest 4.3M 3.7M 3.4M 4.3M 4.1M --
Common Stock 19.4M 19.4M 19.4M 18.1M 15.7M --
Capital Stock 19.4M 19.4M 19.4M 18.1M 15.7M --
Retained Earnings -22.7M -21.9M -20.8M -19.9M -19.0M --
Gains Losses Not Affecting Retained Earnings -- -- -- 1.2M 1.2M 1.2M
Common Stock Equity -1.8M -1.1M -48,106 -517,538 -2.1M --
Stockholders Equity -1.8M -1.1M -48,106 -517,538 -2.1M --
Total Equity Gross Minority Interest -1.8M -1.1M -48,106 -517,538 -2.1M --
Total Capitalization -1.5M -751,264 299,529 -137,073 -702,889 --
Net Tangible Assets -1.8M -1.1M -48,106 -517,538 -2.1M --
Tangible Book Value -1.8M -1.1M -48,106 -517,538 -2.1M --
Working Capital -3.1M -2.5M -1.5M -1.6M -1.9M --
Invested Capital -276,274 409,692 1.5M 1.1M -385,489 --
Total Debt 1.6M 1.5M 1.6M 1.9M 2.0M --
Net Debt 1.5M 1.4M 875,152 73,447 1.6M --
Share Issued 162.3M 162.3M 162.3M 137.5M 90.1M --
Ordinary Shares Number 162.3M 162.3M 162.3M 137.5M 90.1M --
Allowance For Doubtful Accounts Receivable -8,591 -8,591 -8,591 -8,591 -8,591 --
Buildings And Improvements -- -- 155,260 -- 155,260 155,260
Capital Lease Obligations 7,626 30,399 0.00 285,013 294,326 --
Construction In Progress 206,511 261,890 386,296 336,445 243,503 --
Current Capital Lease Obligation 7,626 30,399 0.00 7,030 17,306 --
Current Deferred Liabilities -- -- 0.00 0.00 0.00 0.00
Duefrom Related Parties Current 208,193 206,625 -- -- -- 0.00
Dueto Related Parties Current 28,636 12,036 0.00 178,797 105,980 --
Finished Goods 247,433 267,012 186,479 191,995 212,436 --
Gross Accounts Receivable 278,720 187,311 405,340 192,908 156,851 --
Interest Payable 303,960 272,165 239,615 246,361 214,591 --
Leases 207,860 207,860 -- 155,260 -- 155,260
Line Of Credit -- 0.00 0.00 61,762 0.00 17,561
Machinery Furniture Equipment 254,617 254,617 254,617 254,617 254,617 --
Non Current Deferred Liabilities 120,000 120,000 120,000 120,000 120,000 --
Non Current Deferred Revenue 120,000 120,000 120,000 120,000 120,000 --
Non Current Note Receivables -- 0.00 0.00 0.00 29,848 28,910
Notes Receivable -- -- 31,722 30,785 -- 0.00
Other Current Borrowings 1.2M 1.2M 1.2M 1.1M 317,400 --
Other Equity Interest 1.5M 1.4M 1.4M 1.3M 1.3M --
Other Payable -- -- -- -- -- 25,000
Other Properties 2.6M 2.7M 2.6M 2.4M 2.1M --
Properties 0.00 0.00 0.00 0.00 0.00 --
Taxes Receivable 17,409 26,839 12,189 9,746 8,355 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow -73,425 -560,864 -1.3M -472,553 -511,447 --
Cash Flow From Continuing Operating Activities -73,425 -560,863 -1.3M -472,553 -511,447 --
Depreciation And Amortization 150,742 157,742 126,353 126,953 115,246 --
Depreciation Amortization Depletion 150,742 157,742 126,353 126,953 115,246 --
Stock Based Compensation 67,859 58,811 49,949 55,287 11,139 --
Change In Working Capital 391,714 328,077 -672,027 86,773 -43,755 --
Changes In Account Receivables -81,979 203,299 -- -- -47,659 39,844
Change In Receivables -83,547 -3,326 -217,669 -42,878 -47,659 --
Change In Inventory 19,579 -80,533 5,516 20,441 3,887 --
Change In Payables And Accrued Expense 473,126 406,846 -465,226 95,313 24,345 --
Change In Payable 473,126 -- -- -- 24,345 --
Other Non Cash Items 87,659 99,416 42,386 116,218 71,469 --
Capital Expenditure -35,049 -- -278,471 -349,823 -159,890 -51,915
Purchase Of PPE -35,049 16,792 -278,471 -349,823 -159,890 --
Net PPE Purchase And Sale -35,049 16,792 -278,471 -349,823 -159,890 --
Investing Cash Flow -35,049 16,792 -278,471 -349,823 -159,890 --
Cash Flow From Continuing Investing Activities -35,049 16,792 -278,471 -349,823 -159,890 --
Issuance Of Debt 35,000 20,000 0.00 19,517 0.00 --
Repayment Of Debt -33,540 -112,460 -22,562 -30,682 -20,510 --
Net Issuance Payments Of Debt 1,460 -92,460 -22,562 -11,165 -20,510 --
Issuance Of Capital Stock 0.00 0.00 1.0M 2.3M 700,000 --
Net Common Stock Issuance 0.00 0.00 1.0M 2.3M 700,000 --
Financing Cash Flow 9,062 -39,264 785,189 2.3M 735,577 --
Cash Flow From Continuing Financing Activities 9,062 -39,264 785,189 2.3M 735,577 --
Changes In Cash -99,412 -583,335 -813,573 1.5M 64,240 --
Beginning Cash Position 110,909 694,244 1.5M 46,679 -17,561 --
End Cash Position 11,497 110,909 694,244 1.5M 46,679 --
Free Cash Flow -108,474 -544,072 -1.6M -822,376 -671,337 --
Income Tax Paid Supplemental Data 8,998 0.00 -- -- 66,625 --
Interest Paid Supplemental Data 0.00 13,340 -- -- 0.00 --
Amortization Cash Flow -- -- -- -- 543.00 --
Amortization Of Intangibles -- -- -- -- 543.00 --
Amortization Of Securities 2,546 -79,160 66,767 30,370 13,127 --
Asset Impairment Charge 38,468 80.00 2,794 5,430 0.00 --
Cash Dividends Paid 0.00 0.00 0.00 0.00 0.00 --
Change In Account Payable 473,126 -- -- -- 24,345 --
Change In Prepaid Assets -17,444 5,090 5,352 13,897 -24,328 --
Common Stock Issuance 0.00 0.00 1.0M 2.3M 700,000 --
Depreciation 150,742 157,742 126,353 126,953 115,246 --
Interest Paid Cff -8,998 -13,340 -13,452 -23,638 -16,195 --
Long Term Debt Issuance 35,000 39,517 -19,517 19,517 0.00 --
Long Term Debt Payments -22,930 -157,654 22,632 -40,482 -10,710 --
Net Income From Continuing Operations -812,413 -1.1M -936,512 -893,584 -678,673 --
Net Long Term Debt Issuance 12,070 -118,137 3,115 -20,965 -10,710 --
Net Other Financing Charges 16,600 66,536 -178,797 18,317 72,282 --
Net Short Term Debt Issuance -10,610 -- -- -- -9,800 --
Provisionand Write Offof Assets -- -- 0.00 0.00 0.00 --
Short Term Debt Payments -10,610 -- -- -- -9,800 --
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