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AirIQ Inc.

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
Total Revenue 1.5M 1.4M 1.3M 1.3M 1.3M
Operating Revenue 1.5M 1.4M 1.3M 1.3M 1.3M
Cost Of Revenue 619,000 550,000 472,000 490,000 452,000
Gross Profit 909,000 872,000 841,000 817,000 817,000
Selling General And Administration 642,000 646,000 665,000 716,000 632,000
General And Administrative Expense 281,000 280,000 385,000 366,000 281,000
Research And Development 36,000 34,000 32,000 28,000 43,000
Depreciation And Amortization In Income Statement 123,000 120,000 117,000 115,000 113,000
Operating Expense 801,000 800,000 814,000 859,000 788,000
Operating Income 108,000 72,000 27,000 -42,000 29,000
EBIT 108,000 72,000 27,000 -42,000 29,000
Interest Income 21,000 22,000 22,000 18,000 23,000
Interest Income Non Operating 21,000 22,000 22,000 18,000 23,000
Net Interest Income 21,000 22,000 22,000 18,000 23,000
Other Income Expense 7,000 -78,000 -10,000 52,000 -23,000
Special Income Charges -19,000 0.00 -11,000 -21,000 0.00
Gain On Sale Of Security 26,000 -78,000 1,000 73,000 -23,000
Pretax Income 136,000 16,000 39,000 28,000 29,000
Tax Effect Of Unusual Items 1,050 -11,700 -1,500 7,800 -3,450
Net Income From Continuing And Discontinued Operation 136,000 16,000 39,000 28,000 29,000
Net Income From Continuing Operation Net Minority Interest 136,000 16,000 39,000 28,000 29,000
Net Income Including Noncontrolling Interests 136,000 16,000 39,000 28,000 29,000
Net Income Common Stockholders 136,000 16,000 39,000 28,000 29,000
Net Income 136,000 16,000 39,000 28,000 29,000
EBITDA 345,000 280,000 225,000 158,000 223,000
Normalized EBITDA 338,000 358,000 235,000 106,000 246,000
Reconciled Depreciation 237,000 208,000 198,000 200,000 194,000
Basic EPS 0.00 0.00 -- 0.00 0.00
Diluted EPS 0.00 0.00 -- 0.00 0.00
Basic Average Shares 29.3M 29.3M -- 29.5M 29.4M
Diluted Average Shares 30.0M 30.1M -- 30.8M 30.7M
Total Unusual Items 7,000 -78,000 -10,000 52,000 -23,000
Total Unusual Items Excluding Goodwill 7,000 -78,000 -10,000 52,000 -23,000
Tax Rate For Calcs 0.15 0.15 0.15 0.15 0.15
Normalized Income 130,050 82,300 47,500 -16,200 48,550
Depreciation Amortization Depletion Income Statement 123,000 120,000 117,000 115,000 113,000
Diluted NI Availto Com Stockholders 136,000 16,000 39,000 28,000 29,000
Gain On Sale Of Ppe -19,000 0.00 -11,000 -21,000 0.00
Net Income Continuous Operations 136,000 16,000 39,000 28,000 29,000
Net Non Operating Interest Income Expense 21,000 22,000 22,000 18,000 23,000
Other Gand A 267,000 264,000 362,000 340,000 247,000
Reconciled Cost Of Revenue 505,000 462,000 391,000 405,000 371,000
Salaries And Wages 14,000 16,000 23,000 26,000 34,000
Selling And Marketing Expense 361,000 366,000 280,000 350,000 351,000
Total Expenses 1.4M 1.4M 1.3M 1.3M 1.2M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 2.6M 3.0M 3.1M 3.1M 3.1M
Cash Cash Equivalents And Short Term Investments 2.6M 3.0M 3.1M 3.1M 3.1M
Accounts Receivable 303,000 418,000 308,000 375,000 311,000
Receivables 385,000 459,000 337,000 392,000 322,000
Inventory 345,000 380,000 380,000 444,000 523,000
Prepaid Assets 119,000 145,000 154,000 112,000 125,000
Current Assets 3.4M 3.9M 4.0M 4.0M 4.0M
Gross PPE 2.4M 2.0M 1.7M 1.7M 1.7M
Accumulated Depreciation -874,000 -881,000 -791,000 -748,000 -752,000
Net PPE 1.5M 1.1M 923,000 913,000 940,000
Goodwill And Other Intangible Assets 1.3M 1.3M 1.3M 1.3M 1.3M
Other Intangible Assets 1.3M 1.3M 1.3M 1.3M 1.3M
Total Non Current Assets 5.8M 5.3M 5.2M 5.2M 5.2M
Total Assets 9.2M 9.3M 9.1M 9.2M 9.3M
Accounts Payable -- -- -- -- --
Payables -- -- -- -- --
Payables And Accrued Expenses 653,000 721,000 562,000 479,000 509,000
Current Deferred Revenue 412,000 490,000 455,000 525,000 550,000
Current Liabilities 1.1M 1.2M 1.0M 1.0M 1.1M
Total Non Current Liabilities Net Minority Interest 30,000 26,000 27,000 57,000 82,000
Total Liabilities Net Minority Interest 1.1M 1.2M 1.0M 1.1M 1.1M
Common Stock 91.1M 91.1M 91.2M 91.3M 91.4M
Capital Stock 91.1M 91.1M 91.2M 91.3M 91.4M
Additional Paid In Capital 7.5M 7.5M 7.5M 7.5M 7.5M
Retained Earnings -90.5M -90.6M -90.7M -90.7M -90.7M
Common Stock Equity 8.1M 8.0M 8.1M 8.1M 8.1M
Stockholders Equity 8.1M 8.0M 8.1M 8.1M 8.1M
Total Equity Gross Minority Interest 8.1M 8.0M 8.1M 8.1M 8.1M
Total Capitalization 8.1M 8.0M 8.1M 8.1M 8.1M
Net Tangible Assets 6.8M 6.7M 6.8M 6.8M 6.8M
Tangible Book Value 6.8M 6.7M 6.8M 6.8M 6.8M
Working Capital 2.3M 2.7M 2.9M 3.0M 3.0M
Invested Capital 8.1M 8.0M 8.1M 8.1M 8.1M
Share Issued 29.0M 29.1M 29.5M 29.5M 29.5M
Ordinary Shares Number 29.0M 29.1M 29.5M 29.5M 29.5M
Allowance For Doubtful Accounts Receivable -38,000 -50,000 -46,000 -47,000 -35,000
Current Deferred Liabilities 412,000 490,000 455,000 525,000 550,000
Gross Accounts Receivable 341,000 468,000 354,000 422,000 346,000
Machinery Furniture Equipment 61,000 61,000 60,000 59,000 49,000
Non Current Deferred Assets 2.9M 2.9M 2.9M 2.9M 2.9M
Non Current Deferred Liabilities 30,000 26,000 27,000 57,000 82,000
Non Current Deferred Revenue 30,000 26,000 27,000 57,000 82,000
Non Current Deferred Taxes Assets 2.9M 2.9M 2.9M 2.9M 2.9M
Other Properties 2.3M 1.9M 1.7M 1.6M 1.6M
Other Receivables 82,000 41,000 29,000 17,000 11,000
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 399,000 320,000 331,000 217,000 -142,000
Cash Flow From Continuing Operating Activities 399,000 320,000 331,000 217,000 -142,000
Depreciation And Amortization 237,000 208,000 198,000 200,000 194,000
Depreciation Amortization Depletion 237,000 208,000 198,000 200,000 194,000
Stock Based Compensation 14,000 16,000 23,000 26,000 34,000
Change In Working Capital -7,000 80,000 60,000 -58,000 -399,000
Change In Receivables 74,000 -122,000 55,000 -70,000 76,000
Change In Inventory 35,000 0.00 64,000 79,000 -163,000
Change In Payables And Accrued Expense -68,000 159,000 83,000 -30,000 -183,000
Change In Other Working Capital -74,000 34,000 -100,000 -50,000 -131,000
Capital Expenditure -158,000 -100,000 -582,000 -89,000 -135,000
Net PPE Purchase And Sale 0.00 -1,000 -345,000 -12,000 -1,000
Purchase Of Business 0.00 0.00 -- 0.00 -40,000
Investing Cash Flow -704,000 -358,000 -234,000 -158,000 -247,000
Cash Flow From Continuing Investing Activities -704,000 -358,000 -234,000 -158,000 -247,000
Repurchase Of Capital Stock -106,000 -97,000 -125,000 -16,000 0.00
Net Common Stock Issuance -106,000 -97,000 -125,000 -16,000 0.00
Common Stock Payments -106,000 -97,000 -125,000 -16,000 0.00
Financing Cash Flow -95,000 -97,000 -109,000 -16,000 12,000
Cash Flow From Continuing Financing Activities -95,000 -97,000 -109,000 -16,000 12,000
Changes In Cash -400,000 -135,000 -12,000 43,000 -377,000
Beginning Cash Position 3.0M 3.1M 3.1M 3.1M 3.4M
End Cash Position 2.6M 3.0M 3.1M 3.1M 3.1M
Free Cash Flow 241,000 220,000 -251,000 128,000 -277,000
Amortization Cash Flow 32,000 32,000 32,000 31,000 31,000
Amortization Of Intangibles 32,000 32,000 32,000 31,000 31,000
Change In Prepaid Assets 26,000 9,000 -42,000 13,000 2,000
Depreciation 205,000 176,000 166,000 169,000 163,000
Gain Loss On Sale Of PPE 19,000 0.00 11,000 21,000 0.00
Net Business Purchase And Sale 0.00 0.00 -- 0.00 -40,000
Net Income From Continuing Operations 136,000 16,000 39,000 28,000 29,000
Net Intangibles Purchase And Sale -158,000 -99,000 -237,000 -77,000 -134,000
Net Other Investing Changes -546,000 -258,000 -- -69,000 -72,000
Operating Gains Losses 19,000 -- 11,000 21,000 --
Proceeds From Stock Option Exercised 11,000 -- 18,000 0.00 12,000
Purchase Of Intangibles -- -99,000 -237,000 -77,000 --
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