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AirIQ Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Total Revenue 5.5M 5.5M 5.0M 4.4M --
Operating Revenue 5.5M 5.5M 5.0M 4.4M --
Cost Of Revenue 2.1M 2.2M 2.0M 1.7M --
Gross Profit 3.4M 3.4M 3.0M 2.7M --
Selling General And Administration 2.7M 2.1M 1.9M 1.7M --
General And Administrative Expense 1.4M 1.1M 1.1M 832,000 --
Research And Development 132,000 103,000 114,000 118,000 --
Depreciation And Amortization In Income Statement 454,000 375,000 347,000 306,000 --
Operating Expense 3.3M 2.5M 2.3M 2.1M --
Operating Income 93,000 814,000 723,000 599,000 --
EBIT 93,000 814,000 866,000 571,000 --
Interest Expense -- 0.00 3,000 4,000 6,000
Interest Expense Non Operating -- 0.00 3,000 4,000 6,000
Interest Income 92,000 98,000 36,000 2,000 --
Interest Income Non Operating 92,000 98,000 36,000 2,000 --
Net Interest Income 92,000 98,000 33,000 -2,000 --
Other Income Expense 18,000 -43,000 107,000 -30,000 --
Special Income Charges -45,000 -25,000 -34,000 2,000 --
Write Off -- -- -- 8,000 74,000
Gain On Sale Of Security 63,000 -18,000 141,000 -32,000 --
Pretax Income 203,000 869,000 863,000 567,000 --
Tax Provision -- 0.00 -2.8M 0.00 --
Tax Effect Of Unusual Items 2,700 -6,450 42,800 0.00 --
Net Income From Continuing And Discontinued Operation 203,000 869,000 3.7M 567,000 --
Net Income From Continuing Operation Net Minority Interest 203,000 869,000 3.7M 567,000 --
Net Income Including Noncontrolling Interests 203,000 869,000 3.7M 567,000 --
Net Income Common Stockholders 203,000 869,000 3.7M 567,000 --
Net Income 203,000 869,000 3.7M 567,000 --
EBITDA 874,000 1.5M 1.5M 1.0M --
Normalized EBITDA 856,000 1.5M 1.4M 1.1M --
Reconciled Depreciation 781,000 667,000 601,000 478,000 --
Basic EPS 0.01 0.03 0.13 0.02 --
Diluted EPS 0.01 0.03 0.12 0.01 --
Basic Average Shares 29.4M 29.4M 29.5M 30.2M --
Diluted Average Shares 30.0M 30.1M 30.5M 31.3M --
Total Unusual Items 18,000 -43,000 107,000 -30,000 --
Total Unusual Items Excluding Goodwill 18,000 -43,000 107,000 -30,000 --
Tax Rate For Calcs 0.15 0.15 0.40 0.00 --
Normalized Income 187,700 905,550 3.6M 597,000 --
Depreciation Amortization Depletion Income Statement 454,000 375,000 347,000 306,000 --
Diluted NI Availto Com Stockholders 203,000 869,000 3.7M 567,000 --
Gain On Sale Of Ppe -45,000 -25,000 -34,000 -8,000 --
Impairment Of Capital Assets -- -- -- -- 0.00
Net Income Continuous Operations 203,000 869,000 3.7M 567,000 --
Net Non Operating Interest Income Expense 92,000 98,000 33,000 -2,000 --
Other Gand A 1.2M 1.0M 995,000 828,000 --
Other Special Charges -- -- -- -10,000 --
Reconciled Cost Of Revenue 1.8M 1.9M 1.8M 1.5M --
Salaries And Wages 120,000 113,000 81,000 4,000 --
Selling And Marketing Expense 1.4M 947,000 776,000 824,000 --
Total Expenses 5.4M 4.7M 4.3M 3.8M --
Total Operating Income As Reported -- -- -- 909,000 943,000
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Cash And Cash Equivalents 3.1M 3.1M 2.2M 1.9M --
Cash Cash Equivalents And Short Term Investments 3.1M 3.1M 2.2M 1.9M --
Accounts Receivable 308,000 246,000 526,000 395,000 --
Receivables 337,000 251,000 567,000 433,000 --
Inventory 380,000 484,000 639,000 515,000 --
Prepaid Assets 154,000 145,000 133,000 82,000 --
Current Assets 4.0M 4.0M 3.5M 2.9M --
Gross PPE 1.7M 1.6M 1.4M 1.2M --
Accumulated Depreciation -791,000 -642,000 -438,000 -325,000 --
Net PPE 923,000 936,000 938,000 908,000 --
Goodwill And Other Intangible Assets 1.3M 1.2M 1.0M 719,000 --
Other Intangible Assets 1.3M 1.2M 1.0M 719,000 --
Total Non Current Assets 5.2M 5.1M 4.9M 1.6M --
Total Assets 9.1M 9.1M 8.4M 4.6M --
Current Debt And Capital Lease Obligation -- -- -- 26,000 23,000
Accounts Payable -- 593,000 767,000 736,000 --
Payables -- 593,000 767,000 736,000 --
Payables And Accrued Expenses 562,000 593,000 767,000 736,000 --
Current Deferred Revenue 455,000 549,000 586,000 522,000 --
Current Liabilities 1.0M 1.1M 1.4M 1.3M --
Long Term Debt -- -- -- -- 40,000
Long Term Debt And Capital Lease Obligation -- -- 0.00 28,000 94,000
Long Term Capital Lease Obligation -- -- 0.00 28,000 54,000
Total Non Current Liabilities Net Minority Interest 27,000 68,000 124,000 106,000 --
Total Liabilities Net Minority Interest 1.0M 1.2M 1.5M 1.4M --
Common Stock 91.2M 91.3M 91.4M 91.4M --
Capital Stock 91.2M 91.3M 91.4M 91.4M --
Additional Paid In Capital 7.5M 7.4M 7.3M 7.2M --
Retained Earnings -90.7M -90.9M -91.7M -95.4M --
Common Stock Equity 8.1M 7.9M 7.0M 3.2M --
Stockholders Equity 8.1M 7.9M 7.0M 3.2M --
Total Equity Gross Minority Interest 8.1M 7.9M 7.0M 3.2M --
Total Capitalization 8.1M 7.9M 7.0M 3.2M --
Net Tangible Assets 6.8M 6.7M 5.9M 2.4M --
Tangible Book Value 6.8M 6.7M 5.9M 2.4M --
Working Capital 2.9M 2.9M 2.2M 1.6M --
Invested Capital 8.1M 7.9M 7.0M 3.2M --
Total Debt -- -- 0.00 54,000 117,000
Share Issued 29.5M 29.5M 29.4M 29.7M --
Ordinary Shares Number 29.5M 29.5M 29.4M 29.7M --
Allowance For Doubtful Accounts Receivable -46,000 -95,000 -76,000 -94,000 --
Buildings And Improvements -- -- -- -- 617,000
Capital Lease Obligations -- -- 0.00 54,000 77,000
Current Capital Lease Obligation -- -- 0.00 26,000 23,000
Current Deferred Liabilities 455,000 549,000 586,000 522,000 --
Gross Accounts Receivable 354,000 341,000 602,000 489,000 --
Leases -- 0.00 0.00 24,000 24,000
Machinery Furniture Equipment 60,000 49,000 41,000 57,000 --
Non Current Deferred Assets 2.9M 2.9M 2.9M 0.00 --
Non Current Deferred Liabilities 27,000 68,000 124,000 78,000 --
Non Current Deferred Revenue 27,000 68,000 124,000 78,000 --
Non Current Deferred Taxes Assets 2.9M 2.9M 2.9M 0.00 --
Other Properties 1.7M 1.5M 1.3M 1.2M --
Other Receivables 29,000 5,000 41,000 38,000 --
Properties -- 0.00 0.00 0.00 0.00
Line Item FY 2025Mar 31, 2025 FY 2024Mar 31, 2024 FY 2023Mar 31, 2023 FY 2022Mar 31, 2022 FY 2021Mar 31, 2021
Operating Cash Flow 992,000 1.6M 1.1M 1.2M --
Cash Flow From Continuing Operating Activities 992,000 1.6M 1.1M 1.2M --
Depreciation And Amortization 781,000 667,000 601,000 478,000 --
Depreciation Amortization Depletion 781,000 667,000 601,000 478,000 --
Stock Based Compensation 120,000 113,000 81,000 4,000 --
Deferred Tax -- 0.00 -2.8M 0.00 --
Deferred Income Tax -- 0.00 -2.8M 0.00 --
Change In Working Capital -157,000 192,000 -171,000 165,000 --
Change In Receivables -86,000 316,000 -134,000 66,000 --
Change In Inventory 104,000 155,000 -124,000 -160,000 --
Change In Payables And Accrued Expense -31,000 -174,000 31,000 126,000 --
Change In Other Working Capital -135,000 -93,000 109,000 139,000 --
Other Non Cash Items -- -218,000 -309,000 4,000 6,000
Capital Expenditure -909,000 -656,000 -673,000 -960,000 --
Purchase Of PPE -- -- -- -652,000 -316,000
Net PPE Purchase And Sale -366,000 -322,000 -352,000 -652,000 --
Investing Cash Flow -909,000 -656,000 -673,000 -960,000 --
Cash Flow From Continuing Investing Activities -909,000 -656,000 -673,000 -960,000 --
Issuance Of Debt -- -- -- 0.00 40,000
Repayment Of Debt -- 0.00 -24,000 -56,000 -26,000
Net Issuance Payments Of Debt -- 0.00 -24,000 -56,000 14,000
Repurchase Of Capital Stock -148,000 -51,000 -99,000 -147,000 --
Net Common Stock Issuance -148,000 -51,000 -99,000 -147,000 --
Common Stock Payments -148,000 -51,000 -99,000 -147,000 --
Financing Cash Flow -120,000 -44,000 -123,000 -180,000 --
Cash Flow From Continuing Financing Activities -120,000 -44,000 -123,000 -180,000 --
Changes In Cash -37,000 949,000 276,000 71,000 --
Beginning Cash Position 3.1M 2.2M 1.9M 1.8M --
End Cash Position 3.1M 3.1M 2.2M 1.9M --
Free Cash Flow 83,000 993,000 399,000 251,000 --
Amortization Cash Flow 123,000 66,000 26,000 0.00 --
Amortization Of Intangibles 123,000 66,000 26,000 0.00 --
Asset Impairment Charge -- -- -- 3,000 42,000
Change In Prepaid Assets -9,000 -12,000 -53,000 -6,000 --
Depreciation 658,000 601,000 575,000 478,000 --
Gain Loss On Sale Of PPE 45,000 26,000 7,000 3,000 --
Long Term Debt Issuance -- -- -- 0.00 40,000
Long Term Debt Payments -- 0.00 -24,000 -56,000 -26,000
Net Income From Continuing Operations 203,000 869,000 3.7M 567,000 --
Net Intangibles Purchase And Sale -543,000 -334,000 -321,000 -308,000 --
Net Long Term Debt Issuance -- 0.00 -24,000 -56,000 14,000
Net Other Financing Charges -2,000 -1,000 -- -- --
Operating Gains Losses 45,000 26,000 7,000 -7,000 --
Proceeds From Stock Option Exercised 30,000 8,000 0.00 23,000 --
Purchase Of Intangibles -543,000 -334,000 -- -308,000 -298,000
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