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K-Bro Linen Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 373.6M 320.9M 276.6M 224.0M
Operating Revenue 373.6M 320.9M 276.6M 224.0M
Cost Of Revenue 50.0M 45.1M 42.3M 37.0M
Gross Profit 323.6M 275.8M 234.3M 187.0M
Selling General And Administration 193.3M 167.6M 152.8M 113.5M
General And Administrative Expense 148.6M 128.8M 115.5M 88.8M
Depreciation And Amortization In Income Statement 33.7M 27.3M 26.1M 26.9M
Other Operating Expenses 61.8M 52.4M 45.1M 30.8M
Operating Expense 288.8M 247.3M 224.0M 171.1M
Operating Income 34.8M 28.5M 10.4M 15.9M
EBIT 35.1M 29.2M 9.3M 15.4M
Interest Expense 11.0M 6.3M 3.8M 3.0M
Interest Expense Non Operating 11.0M 6.3M 3.8M 3.0M
Net Interest Income -11.2M -6.6M -4.9M -3.4M
Other Income Expense 500,000 945,000 -- --
Special Income Charges 500,000 945,000 0.00 0.00
Restructuring And Mergern Acquisition -500,000 -945,000 0.00 --
Pretax Income 24.0M 22.9M 5.4M 12.5M
Tax Provision 5.3M 5.3M 1.5M 3.8M
Tax Effect Of Unusual Items 110,882 217,247 0.00 0.00
Net Income From Continuing And Discontinued Operation 18.7M 17.6M 3.9M 8.7M
Net Income From Continuing Operation Net Minority Interest 18.7M 17.6M 3.9M 8.7M
Net Income Including Noncontrolling Interests 18.7M 17.6M 3.9M 8.7M
Net Income Common Stockholders 18.7M 17.6M 3.9M 8.7M
Net Income 18.7M 17.6M 3.9M 8.7M
EBITDA 68.8M 56.5M 35.3M 42.3M
Normalized EBITDA 68.3M 55.5M 35.3M 42.3M
Reconciled Depreciation 33.7M 27.3M 26.1M 26.9M
Basic EPS 1.78 1.65 0.37 0.82
Diluted EPS 1.77 1.64 0.36 0.81
Basic Average Shares 10.5M 10.7M 10.7M 10.6M
Diluted Average Shares 10.6M 10.7M 10.7M 10.7M
Total Unusual Items 500,000 945,000 0.00 0.00
Total Unusual Items Excluding Goodwill 500,000 945,000 0.00 0.00
Tax Rate For Calcs 0.22 0.23 0.28 0.30
Normalized Income 18.3M 16.9M 3.9M 8.7M
Amortization 3.2M 625,000 2.3M 3.2M
Amortization Of Intangibles Income Statement 3.2M 625,000 2.3M 3.2M
Depreciation Amortization Depletion Income Statement 33.7M 27.3M 26.1M 26.9M
Depreciation Income Statement 30.4M 26.7M 23.8M 23.6M
Diluted NI Availto Com Stockholders 18.7M 17.6M 3.9M 8.7M
Gain On Sale Of Ppe -- -- -- 0.00
Impairment Of Capital Assets -- -- -- 0.00
Net Income Continuous Operations 18.7M 17.6M 3.9M 8.7M
Net Non Operating Interest Income Expense -11.2M -6.6M -4.9M -3.4M
Other Gand A -- -- 34.8M 23.0M
Reconciled Cost Of Revenue 50.0M 45.1M 42.3M 37.0M
Rent And Landing Fees 6.4M 5.4M 4.5M 3.9M
Rent Expense Supplemental 6.4M 5.4M 4.5M 3.9M
Salaries And Wages 142.2M 123.4M 111.0M 84.8M
Selling And Marketing Expense 44.7M 38.7M 37.3M 24.7M
Total Expenses 338.8M 292.4M 266.2M 208.1M
Total Other Finance Cost 203,000 271,000 1.1M 430,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 9.4M 5.9M 2.6M 1.1M
Cash Cash Equivalents And Short Term Investments 9.4M 5.9M 2.6M 1.1M
Accounts Receivable 56.4M 50.3M 37.8M 36.8M
Receivables 56.4M 50.3M 39.7M 36.8M
Prepaid Assets 7.8M 7.4M 6.4M 4.5M
Other Current Assets 38.7M 35.3M 31.4M 31.3M
Current Assets 113.5M 99.6M 80.8M 73.8M
Gross PPE 456.2M 407.9M 378.6M 366.1M
Accumulated Depreciation -231.4M -201.1M -175.4M -152.6M
Net PPE 224.8M 206.8M 203.2M 213.5M
Goodwill 75.0M 48.9M 37.4M 38.2M
Goodwill And Other Intangible Assets 99.8M 58.3M 41.8M 45.2M
Other Intangible Assets 24.7M 9.4M 4.4M 7.0M
Other Non Current Assets -- -- 696,000 --
Total Non Current Assets 324.6M 265.1M 245.0M 258.7M
Total Assets 438.1M 364.7M 325.8M 332.5M
Current Debt And Capital Lease Obligation 12.2M 12.0M 9.6M 9.2M
Accounts Payable 42.8M 38.2M 32.5M 30.1M
Payables 45.6M 41.3M 33.6M 32.8M
Payables And Accrued Expenses 45.6M 41.3M 33.6M 32.8M
Current Deferred Revenue -- -- 0.00 810,000
Other Current Liabilities -- 4.0M -- --
Current Liabilities 58.3M 57.5M 43.5M 43.5M
Long Term Debt 123.8M 70.2M 45.2M 38.0M
Long Term Debt And Capital Lease Obligation 166.7M 111.5M 89.2M 85.7M
Long Term Capital Lease Obligation 42.9M 41.3M 44.0M 47.7M
Total Non Current Liabilities Net Minority Interest 190.4M 132.8M 105.7M 102.6M
Total Liabilities Net Minority Interest 248.7M 190.3M 149.2M 146.1M
Common Stock 206.0M 206.5M 208.5M 206.7M
Capital Stock 206.0M 206.5M 208.5M 206.7M
Additional Paid In Capital 2.4M 2.3M 2.3M 2.3M
Retained Earnings -21.5M -27.5M -32.2M -23.2M
Treasury Stock 4.4M 6.6M 0.00 --
Gains Losses Not Affecting Retained Earnings 6.9M -167,000 -2.0M 636,000
Other Equity Adjustments 6.9M -167,000 -2.0M 636,000
Common Stock Equity 189.4M 174.4M 176.5M 186.4M
Stockholders Equity 189.4M 174.4M 176.5M 186.4M
Total Equity Gross Minority Interest 189.4M 174.4M 176.5M 186.4M
Total Capitalization 313.2M 244.7M 221.7M 224.4M
Net Tangible Assets 89.6M 116.1M 134.7M 141.2M
Tangible Book Value 89.6M 116.1M 134.7M 141.2M
Working Capital 55.2M 42.1M 37.3M 30.3M
Invested Capital 313.2M 244.7M 221.7M 224.4M
Total Debt 178.9M 123.5M 98.8M 94.9M
Net Debt 114.4M 64.4M 42.5M 36.9M
Share Issued 10.6M 10.6M 10.8M 10.7M
Ordinary Shares Number 10.5M 10.6M 10.8M 10.7M
Allowance For Doubtful Accounts Receivable -254,000 -178,000 -144,000 -143,000
Assets Held For Sale Current 1.1M 718,000 696,000 --
Buildings And Improvements 94.7M 82.3M 77.8M 78.5M
Capital Lease Obligations 55.1M 53.3M 53.7M 56.9M
Current Capital Lease Obligation 12.2M 12.0M 9.6M 9.2M
Current Deferred Liabilities -- -- 0.00 810,000
Current Provisions 456,000 206,000 279,000 703,000
Dividends Payable 1.1M 1.1M 1.1M 1.1M
Gross Accounts Receivable 56.7M 50.5M 37.9M 37.0M
Income Tax Payable 1.7M 2.1M 0.00 1.6M
Land And Improvements 4.6M 3.3M 3.3M 4.0M
Leases 61.3M 60.9M 59.9M 60.2M
Long Term Provisions 3.1M 3.0M 2.4M 2.8M
Machinery Furniture Equipment 6.3M 5.3M 5.0M 4.6M
Non Current Deferred Liabilities 20.7M 18.3M 14.2M 14.1M
Non Current Deferred Taxes Liabilities 20.7M 18.3M 14.2M 14.1M
Other Properties 289.4M 256.0M 232.6M 218.8M
Properties 0.00 0.00 0.00 0.00
Taxes Receivable -- 0.00 1.9M 0.00
Total Tax Payable 1.7M 2.1M 0.00 1.6M
Treasury Shares Number 77,325 76,900 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 50.0M 41.0M 26.1M 31.9M
Cash Flow From Continuing Operating Activities 50.0M 41.0M 26.1M 31.9M
Depreciation And Amortization 33.7M 27.3M 26.1M 26.9M
Depreciation Amortization Depletion 33.7M 27.3M 26.1M 26.9M
Stock Based Compensation 1.9M 1.8M 1.8M 1.8M
Deferred Tax 1.6M 1.3M 97,000 126,000
Deferred Income Tax 1.6M 1.3M 97,000 126,000
Change In Working Capital -4.4M -6.1M -5.6M -5.7M
Changes In Account Receivables -1.8M -10.0M -1.2M -8.8M
Change In Receivables -1.8M -10.0M -1.2M -8.8M
Change In Payables And Accrued Expense -731,000 3.1M 1.7M 4.8M
Change In Payable -731,000 3.1M 1.7M 4.8M
Change In Other Working Capital -2.8M 1.4M -4.0M -1.4M
Change In Other Current Assets -- -- -- -788,000
Other Non Cash Items -1.5M -833,000 -108,000 57,000
Capital Expenditure -19.3M -12.0M -11.5M -10.5M
Purchase Of PPE -18.8M -11.5M -11.4M -10.1M
Net PPE Purchase And Sale -17.5M -11.5M -11.3M -10.1M
Purchase Of Business -55.3M -22.3M 0.00 --
Investing Cash Flow -73.2M -34.3M -11.4M -10.5M
Cash Flow From Continuing Investing Activities -73.2M -34.3M -11.4M -10.5M
Issuance Of Debt 53.5M 25.1M 7.2M --
Repayment Of Debt -10.6M -9.4M -7.4M -7.2M
Net Issuance Payments Of Debt 42.9M 15.7M -204,000 -9.9M
Repurchase Of Capital Stock -4.0M -6.5M 0.00 --
Net Common Stock Issuance -4.0M -6.5M 0.00 --
Common Stock Payments -4.0M -6.5M 0.00 --
Financing Cash Flow 26.2M -3.7M -13.1M -22.7M
Cash Flow From Continuing Financing Activities 26.2M -3.7M -13.1M -22.7M
Effect Of Exchange Rate Changes 626,000 196,000 -72,000 5,000
Changes In Cash 2.9M 3.0M 1.6M -1.3M
Beginning Cash Position 5.9M 2.6M 1.1M 2.4M
End Cash Position 9.4M 5.9M 2.6M 1.1M
Free Cash Flow 30.6M 29.0M 14.7M 21.4M
Income Tax Paid Supplemental Data 5.2M 0.00 5.0M 4.6M
Interest Paid Supplemental Data 11.1M 6.3M 4.6M 3.1M
Amortization Cash Flow 3.2M 625,000 2.3M 3.2M
Amortization Of Intangibles 3.2M 625,000 2.3M 3.2M
Asset Impairment Charge -- -- -- 0.00
Cash Dividends Paid -12.7M -12.9M -12.9M -12.8M
Change In Account Payable -731,000 3.1M 1.7M 4.8M
Change In Prepaid Assets 873,000 -632,000 -2.0M -284,000
Depreciation 30.4M 26.7M 23.8M 23.6M
Gain Loss On Sale Of PPE -- -- -- 0.00
Long Term Debt Issuance 53.5M 25.1M 7.2M --
Long Term Debt Payments -10.6M -9.4M -7.4M -7.2M
Net Business Purchase And Sale -55.3M -22.3M 0.00 --
Net Income From Continuing Operations 18.7M 17.6M 3.9M 8.7M
Net Intangibles Purchase And Sale -495,000 -493,000 -88,000 -360,000
Net Long Term Debt Issuance 42.9M 15.7M -204,000 -7.2M
Net Short Term Debt Issuance -- -- 7.2M -2.7M
Purchase Of Intangibles -495,000 -493,000 -88,000 -360,000
Sale Of PPE 1.4M 1,000 33,000 0.00
Short Term Debt Payments -- -- -- -2.7M
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