Information Services Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 247.4M | 214.5M | 189.9M | 169.4M |
| Operating Revenue | 247.4M | 214.5M | 189.9M | 169.4M |
| Cost Of Revenue | 82.3M | 71.7M | 62.5M | 51.4M |
| Gross Profit | 165.0M | 142.8M | 127.4M | 118.0M |
| Selling General And Administration | 82.8M | 70.6M | 63.3M | 56.1M |
| General And Administrative Expense | 82.8M | 70.6M | 63.3M | 56.1M |
| Depreciation And Amortization In Income Statement | 27.6M | 20.5M | 14.7M | 13.8M |
| Other Operating Expenses | 3.8M | 3.7M | 3.2M | 1.4M |
| Operating Expense | 114.2M | 94.8M | 81.2M | 71.2M |
| Operating Income | 50.9M | 48.0M | 46.2M | 46.8M |
| EBIT | 51.8M | 49.1M | 46.7M | 46.9M |
| Interest Expense | 22.9M | 14.3M | 3.6M | 2.8M |
| Interest Expense Non Operating | 22.9M | 14.3M | 3.6M | 2.8M |
| Interest Income | 906,000 | 1.2M | 463,000 | 140,000 |
| Interest Income Non Operating | 906,000 | 1.2M | 463,000 | 140,000 |
| Net Interest Income | -21.9M | -13.2M | -3.2M | -2.7M |
| Pretax Income | 28.9M | 34.8M | 43.0M | 44.1M |
| Tax Provision | 8.7M | 9.7M | 12.2M | 12.0M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 20.2M | 25.0M | 30.8M | 32.1M |
| Net Income From Continuing Operation Net Minority Interest | 20.2M | 25.0M | 30.8M | 32.1M |
| Net Income Including Noncontrolling Interests | 20.2M | 25.0M | 30.8M | 32.1M |
| Net Income Common Stockholders | 20.2M | 25.0M | 30.8M | 32.1M |
| Net Income | 20.2M | 25.0M | 30.8M | 32.1M |
| EBITDA | 79.3M | 69.6M | 61.4M | 60.7M |
| Normalized EBITDA | 79.3M | 69.6M | 61.4M | 60.7M |
| Reconciled Depreciation | 27.6M | 20.5M | 14.7M | 13.8M |
| Basic EPS | 1.11 | 1.41 | 1.75 | 1.83 |
| Diluted EPS | 1.11 | 1.39 | 1.71 | 1.78 |
| Basic Average Shares | 18.2M | 17.8M | 17.6M | 17.5M |
| Diluted Average Shares | 18.3M | 18.0M | 17.9M | 18.0M |
| Tax Rate For Calcs | 0.30 | 0.28 | 0.28 | 0.27 |
| Normalized Income | 20.2M | 25.0M | 30.8M | 32.1M |
| Depreciation Amortization Depletion Income Statement | 27.6M | 20.5M | 14.7M | 13.8M |
| Diluted NI Availto Com Stockholders | 20.2M | 25.0M | 30.8M | 32.1M |
| Net Income Continuous Operations | 20.2M | 25.0M | 30.8M | 32.1M |
| Net Non Operating Interest Income Expense | -21.9M | -13.2M | -3.2M | -2.7M |
| Other Gand A | 7.7M | 6.0M | 5.0M | 3.9M |
| Reconciled Cost Of Revenue | 82.3M | 71.7M | 62.5M | 51.4M |
| Rent And Landing Fees | 4.5M | 4.6M | 4.0M | 3.4M |
| Rent Expense Supplemental | 4.5M | 4.6M | 4.0M | 3.4M |
| Salaries And Wages | 70.6M | 60.0M | 54.3M | 48.8M |
| Total Expenses | 196.5M | 166.5M | 143.7M | 122.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 21.0M | 24.2M | 34.5M | 40.1M |
| Cash Cash Equivalents And Short Term Investments | 21.0M | 24.2M | 34.5M | 40.1M |
| Cash Financial | 21.0M | 24.2M | 34.5M | 40.1M |
| Other Short Term Investments | -- | -- | 0.00 | 36,000 |
| Accounts Receivable | 15.8M | 14.6M | 14.0M | 12.7M |
| Receivables | 23.0M | 20.9M | 18.1M | 13.6M |
| Prepaid Assets | 3.5M | 3.2M | 4.6M | 2.7M |
| Current Assets | 47.6M | 48.3M | 57.2M | 56.4M |
| Gross PPE | 27.2M | 35.7M | 33.0M | 33.0M |
| Accumulated Depreciation | -19.0M | -24.9M | -23.6M | -23.8M |
| Net PPE | 8.2M | 10.8M | 9.4M | 9.2M |
| Goodwill | 101.3M | 101.3M | 101.2M | 77.1M |
| Goodwill And Other Intangible Assets | 436.9M | 453.0M | 190.2M | 138.2M |
| Other Intangible Assets | 335.6M | 351.8M | 89.0M | 61.1M |
| Total Non Current Assets | 472.5M | 488.0M | 226.2M | 176.1M |
| Total Assets | 520.0M | 536.3M | 283.5M | 232.5M |
| Current Debt And Capital Lease Obligation | 1.7M | 2.8M | 2.3M | 1.8M |
| Accounts Payable | 6.4M | 6.8M | 7.4M | 2.5M |
| Payables | 37.2M | 32.8M | 12.5M | 13.5M |
| Payables And Accrued Expenses | 62.4M | 53.5M | 30.4M | 29.4M |
| Current Accrued Expenses | 25.2M | 20.7M | 17.9M | 15.9M |
| Current Deferred Revenue | 7.9M | 7.2M | 6.9M | 5.6M |
| Current Liabilities | 72.0M | 63.5M | 39.6M | 36.9M |
| Long Term Debt | 167.6M | 177.3M | 66.0M | 41.0M |
| Long Term Debt And Capital Lease Obligation | 173.0M | 184.4M | 72.6M | 48.2M |
| Long Term Capital Lease Obligation | 5.4M | 7.1M | 6.5M | 7.2M |
| Other Non Current Liabilities | 528,000 | 714,000 | 1.8M | 3.5M |
| Total Non Current Liabilities Net Minority Interest | 267.8M | 304.0M | 88.2M | 57.9M |
| Total Liabilities Net Minority Interest | 339.7M | 367.5M | 127.9M | 94.8M |
| Common Stock | 37.4M | 28.5M | 23.7M | 20.0M |
| Capital Stock | 37.4M | 28.5M | 23.7M | 20.0M |
| Retained Earnings | 142.3M | 138.8M | 130.2M | 115.6M |
| Gains Losses Not Affecting Retained Earnings | 36,000 | -185,000 | -377,000 | -355,000 |
| Common Stock Equity | 180.3M | 168.8M | 155.6M | 137.7M |
| Stockholders Equity | 180.3M | 168.8M | 155.6M | 137.7M |
| Total Equity Gross Minority Interest | 180.3M | 168.8M | 155.6M | 137.7M |
| Total Capitalization | 347.8M | 346.1M | 221.6M | 178.7M |
| Net Tangible Assets | -256.7M | -284.3M | -34.6M | -496,000 |
| Tangible Book Value | -256.7M | -284.3M | -34.6M | -496,000 |
| Working Capital | -24.4M | -15.2M | 17.6M | 19.5M |
| Invested Capital | 347.8M | 346.1M | 221.6M | 178.7M |
| Total Debt | 174.6M | 187.2M | 74.9M | 50.0M |
| Net Debt | 146.6M | 153.1M | 31.6M | 871,000 |
| Share Issued | 18.5M | 18.0M | 17.7M | 17.5M |
| Ordinary Shares Number | 18.5M | 18.0M | 17.7M | 17.5M |
| Buildings And Improvements | 12.3M | 21.2M | 18.1M | 19.0M |
| Capital Lease Obligations | 7.1M | 9.9M | 8.8M | 9.0M |
| Construction In Progress | 0.00 | 657,000 | 0.00 | 24,000 |
| Current Capital Lease Obligation | 1.7M | 2.8M | 2.3M | 1.8M |
| Current Deferred Liabilities | 7.9M | 7.2M | 6.9M | 5.6M |
| Current Provisions | -- | -- | -- | 80,000 |
| Dividends Payable | 4.3M | 4.1M | 4.1M | 4.0M |
| Income Tax Payable | 4.0M | 993,000 | 731,000 | 7.0M |
| Leases | 8.9M | 8.1M | 8.1M | 8.0M |
| Machinery Furniture Equipment | 6.1M | 5.7M | 6.8M | 6.1M |
| Non Current Deferred Assets | 27.3M | 24.2M | 26.6M | 28.6M |
| Non Current Deferred Liabilities | 9.1M | 11.3M | 13.9M | 6.2M |
| Non Current Deferred Taxes Assets | 27.3M | 24.2M | 26.6M | 28.6M |
| Non Current Deferred Taxes Liabilities | 9.1M | 11.3M | 13.9M | 6.2M |
| Other Equity Interest | 581,000 | 1.6M | 2.1M | 2.5M |
| Other Payable | 22.6M | 20.8M | 226,000 | -- |
| Other Receivables | 6.8M | 3.4M | 1.7M | 897,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 482,000 | 2.9M | 2.4M | 69,000 |
| Total Tax Payable | 4.0M | 993,000 | 731,000 | 7.0M |
| Tradeand Other Payables Non Current | 85.2M | 107.7M | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 71.2M | 56.8M | 43.5M | 61.2M |
| Cash Flow From Continuing Operating Activities | 71.2M | 56.8M | 43.5M | 61.2M |
| Depreciation And Amortization | 27.6M | 20.5M | 14.7M | 13.8M |
| Depreciation Amortization Depletion | 27.6M | 20.5M | 14.7M | 13.8M |
| Stock Based Compensation | -- | 0.00 | -7,000 | 88,000 |
| Deferred Tax | -5.3M | -155,000 | -111,000 | -1.3M |
| Deferred Income Tax | -5.3M | -155,000 | -111,000 | -1.3M |
| Change In Working Capital | 6.9M | -1.2M | -3.8M | 14.2M |
| Changes In Account Receivables | -1.1M | -774,000 | 337,000 | 2.4M |
| Change In Receivables | -4.5M | -2.4M | 236,000 | 2.5M |
| Change In Payables And Accrued Expense | 6.2M | 1.0M | 6.0M | 4.2M |
| Change In Other Working Capital | 5.5M | -1.2M | -9.0M | 7.3M |
| Other Non Cash Items | 21.9M | 12.6M | 2.2M | 2.4M |
| Capital Expenditure | -8.3M | -155.8M | -1.5M | -2.2M |
| Purchase Of PPE | -1.4M | -394,000 | -574,000 | -10,000 |
| Net PPE Purchase And Sale | -1.4M | -393,000 | -570,000 | -8,000 |
| Purchase Of Business | -879,000 | -226,000 | -54.7M | -- |
| Sale Of Business | -- | -- | -- | 1.7M |
| Sale Of Investment | -- | 0.00 | 49,000 | 0.00 |
| Net Investment Purchase And Sale | -- | 0.00 | 49,000 | 0.00 |
| Investing Cash Flow | -8.3M | -154.9M | -55.6M | -366,000 |
| Cash Flow From Continuing Investing Activities | -8.3M | -154.9M | -55.6M | -366,000 |
| Issuance Of Debt | 34.0M | 150.7M | 40.0M | 0.00 |
| Repayment Of Debt | -46.8M | -41.4M | -17.6M | -37.0M |
| Net Issuance Payments Of Debt | -12.8M | 109.3M | 22.4M | -37.0M |
| Common Stock Dividend Paid | -- | -- | -16.2M | -14.0M |
| Financing Cash Flow | -66.2M | 87.8M | 6.2M | -54.3M |
| Cash Flow From Continuing Financing Activities | -66.2M | 87.8M | 6.2M | -54.3M |
| Effect Of Exchange Rate Changes | 104,000 | 30,000 | 211,000 | -414,000 |
| Changes In Cash | -3.3M | -10.3M | -5.8M | 6.6M |
| Beginning Cash Position | 24.2M | 34.5M | 40.1M | 33.9M |
| End Cash Position | 21.0M | 24.2M | 34.5M | 40.1M |
| Free Cash Flow | 62.9M | -99.1M | 42.1M | 59.0M |
| Amortization Cash Flow | 24.1M | 17.5M | 11.8M | 11.1M |
| Amortization Of Intangibles | 24.1M | 17.5M | 11.8M | 11.1M |
| Cash Dividends Paid | -16.7M | -16.4M | -16.2M | -14.0M |
| Change In Prepaid Assets | -339,000 | 1.4M | -1.1M | 159,000 |
| Depreciation | 3.5M | 3.0M | 2.9M | 2.7M |
| Gain Loss On Sale Of PPE | -2,000 | -1,000 | -4,000 | -2,000 |
| Interest Paid Cff | -14.0M | -8.9M | -3.3M | -2.9M |
| Interest Received Cfi | 906,000 | 1.2M | 463,000 | 140,000 |
| Long Term Debt Issuance | 34.0M | 150.7M | 40.0M | 0.00 |
| Long Term Debt Payments | -46.8M | -41.4M | -17.1M | -37.0M |
| Net Business Purchase And Sale | -879,000 | -226,000 | -54.7M | 1.7M |
| Net Foreign Currency Exchange Gain Loss | -156,000 | -3,000 | -189,000 | -21,000 |
| Net Income From Continuing Operations | 20.2M | 25.0M | 30.8M | 32.1M |
| Net Intangibles Purchase And Sale | -6.9M | -155.4M | -890,000 | -2.2M |
| Net Long Term Debt Issuance | -12.8M | 109.3M | 22.9M | -37.0M |
| Net Other Financing Charges | -30.5M | -593,000 | -- | -359,000 |
| Net Short Term Debt Issuance | -- | 0.00 | -500,000 | 0.00 |
| Operating Gains Losses | -158,000 | -4,000 | -193,000 | -23,000 |
| Proceeds From Stock Option Exercised | 7.8M | 4.4M | 3.4M | 0.00 |
| Purchase Of Intangibles | -6.9M | -155.4M | -890,000 | -2.2M |
| Sale Of PPE | 2,000 | 1,000 | 4,000 | 2,000 |
| Short Term Debt Payments | -- | 0.00 | -500,000 | 0.00 |