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Kadestone Capital Corp.

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 0.00 0.00 0.00 194,466
Operating Revenue 0.00 0.00 0.00 194,466
Cost Of Revenue -- -- 0.00 253,185
Gross Profit -- -- 0.00 -58,719
Selling General And Administration 4.5M 3.2M 4.1M 2.4M
General And Administrative Expense 4.4M 3.1M 4.0M 2.3M
Depreciation And Amortization In Income Statement 2,117 0.00 -- --
Other Operating Expenses 58,365 58,960 51,660 76,493
Operating Expense 4.5M 3.3M 4.1M 2.4M
Operating Income -4.5M -3.3M -4.1M -2.5M
EBIT -3.3M -684,991 -3.5M -2.3M
Interest Expense 1.4M 1.0M 1.1M 589,281
Interest Expense Non Operating 1.4M 1.0M 1.1M 589,281
Interest Income 91,597 301,068 198,050 40,322
Interest Income Non Operating 91,597 301,068 198,050 40,322
Net Interest Income -1.3M -720,326 -890,200 -551,509
Other Income Expense 1.2M 2.3M 467,426 159,680
Gain On Sale Of Security 332,428 -- 366,730 144,974
Earnings From Equity Interest 834,678 2.3M 100,696 14,706
Pretax Income -4.6M -1.7M -4.6M -2.9M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -4.6M -1.7M -4.6M -2.9M
Net Income From Continuing Operation Net Minority Interest -4.6M -1.7M -4.6M -2.9M
Net Income Including Noncontrolling Interests -4.6M -1.7M -4.6M -2.9M
Net Income Common Stockholders -4.6M -1.7M -4.6M -2.9M
Net Income -4.6M -1.7M -4.6M -2.9M
EBITDA -3.3M -684,991 -3.5M -2.3M
Normalized EBITDA -3.6M -684,991 -3.8M -2.4M
Reconciled Depreciation 2,117 0.00 -- --
Basic EPS -0.10 -0.04 -0.10 -0.06
Diluted EPS -0.10 -0.04 -0.10 -0.06
Basic Average Shares 46.9M 46.9M 46.6M 46.5M
Diluted Average Shares 46.9M 46.9M 46.6M 46.5M
Total Unusual Items 332,428 -- 366,730 144,974
Total Unusual Items Excluding Goodwill 332,428 -- 366,730 144,974
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -5.0M -1.7M -4.9M -3.0M
Depreciation Amortization Depletion Income Statement 2,117 0.00 -- --
Depreciation Income Statement 2,117 0.00 -- --
Diluted NI Availto Com Stockholders -4.6M -1.7M -4.6M -2.9M
Insurance And Claims 22,236 41,890 48,715 38,572
Net Income Continuous Operations -4.6M -1.7M -4.6M -2.9M
Net Non Operating Interest Income Expense -1.3M -720,326 -890,200 -551,509
Other Gand A 2.1M 882,877 870,910 457,672
Reconciled Cost Of Revenue -- -- 0.00 253,185
Rent And Landing Fees 71,500 11,000 0.00 --
Rent Expense Supplemental 71,500 11,000 0.00 --
Salaries And Wages 2.2M 2.2M 3.1M 1.8M
Selling And Marketing Expense 63,028 102,241 75,668 77,181
Total Expenses 4.5M 3.3M 4.1M 2.7M
Total Operating Income As Reported -4.5M -3.3M -4.3M -2.5M
Total Other Finance Cost 1,842 2,237 2,239 2,550
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 1.2M 4.3M 8.9M 5.0M
Cash Cash Equivalents And Short Term Investments 6.0M 4.3M 8.9M 5.0M
Cash Equivalents 1.0M 3.1M 1.0M 0.00
Cash Financial 183,230 1.2M 7.9M 5.0M
Other Short Term Investments 4.8M 0.00 -- --
Accounts Receivable 354,387 283,068 26,812 122,183
Receivables 519,207 283,068 26,812 122,183
Prepaid Assets 26,436 19,134 30,881 41,084
Current Assets 6.6M 4.6M 10.0M 6.2M
Net PPE 18,884 0.00 -- --
Investments And Advances 11.8M 22.9M 17.6M 15.5M
Long Term Equity Investment 11.8M 22.9M 17.6M 15.5M
Total Non Current Assets 11.8M 22.9M 17.6M 16.9M
Total Assets 18.4M 27.5M 27.6M 23.1M
Current Debt 1.0M 16.1M -- --
Current Debt And Capital Lease Obligation 1.0M 16.1M -- --
Payables And Accrued Expenses 1.4M 1.1M 964,665 361,615
Current Liabilities 2.4M 17.2M 964,665 361,615
Long Term Debt 10.0M -- 15.4M 8.7M
Long Term Debt And Capital Lease Obligation 10.0M -- 15.4M 8.7M
Total Non Current Liabilities Net Minority Interest 10.0M 0.00 15.4M 8.7M
Total Liabilities Net Minority Interest 12.4M 17.2M 16.4M 9.1M
Common Stock 18.3M 18.3M 18.3M 17.8M
Capital Stock 18.3M 18.3M 18.3M 17.8M
Additional Paid In Capital 4.5M 3.8M 3.0M 1.8M
Gains Losses Not Affecting Retained Earnings -16.8M -12.2M -10.5M -5.9M
Common Stock Equity 6.0M 10.3M 11.2M 14.1M
Stockholders Equity 6.0M 10.3M 11.2M 14.1M
Total Equity Gross Minority Interest 6.0M 10.3M 11.2M 14.1M
Total Capitalization 16.0M 10.3M 26.6M 22.8M
Net Tangible Assets 6.0M 10.3M 11.2M 14.1M
Tangible Book Value 6.0M 10.3M 11.2M 14.1M
Working Capital 4.2M -12.6M 9.0M 5.8M
Invested Capital 17.0M 26.4M 26.6M 22.8M
Total Debt 11.0M 16.1M 15.4M 8.7M
Net Debt 9.8M 11.8M 6.5M 3.7M
Share Issued 46.9M 46.9M 46.9M 46.5M
Ordinary Shares Number 46.9M 46.9M 46.9M 46.5M
Investment Properties -- -- 0.00 1.5M
Investmentsin Associatesat Cost 11.8M 22.9M 17.6M 15.5M
Loans Receivable -- -- -- 0.00
Other Current Borrowings 1.0M 16.1M -- --
Other Equity Interest -- 395,918 395,918 395,918
Restricted Cash -- 0.00 1.0M 1.0M
Taxes Receivable 164,820 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -5.0M -2.4M -2.3M -1.4M
Cash Flow From Continuing Operating Activities -5.0M -2.4M -2.3M -1.4M
Depreciation And Amortization 2,117 0.00 -- --
Depreciation Amortization Depletion 2,117 0.00 -- --
Stock Based Compensation 395,945 759,620 1.4M 1.0M
Change In Working Capital 221,823 -103,228 804,456 214,298
Change In Receivables -52,517 -242,848 191,203 -60,881
Change In Payables And Accrued Expense 281,642 127,873 603,050 49,592
Change In Other Working Capital -- -- -- 200,846
Other Non Cash Items 1.3M 718,089 887,961 405,490
Capital Expenditure -21,001 -- -- -70,056
Purchase Of PPE -21,001 0.00 0.00 -70,056
Net PPE Purchase And Sale -21,001 0.00 0.00 -70,056
Sale Of Business -- 3.4M 0.00 720,000
Purchase Of Investment -10.0M 0.00 -- --
Sale Of Investment 5.5M 0.00 1.8M 9.9M
Net Investment Purchase And Sale -4.5M 0.00 1.8M 9.9M
Investing Cash Flow 7.4M -1.9M -199,883 -6.3M
Cash Flow From Continuing Investing Activities 7.4M -1.9M -199,883 -6.3M
Issuance Of Debt -- 0.00 10.0M 12.8M
Repayment Of Debt -5.5M -263,725 -3.9M -9.0M
Net Issuance Payments Of Debt -5.5M -263,725 6.1M 3.9M
Financing Cash Flow -5.5M -263,725 6.4M 3.9M
Cash Flow From Continuing Financing Activities -5.5M -263,725 6.4M 3.9M
Changes In Cash -3.1M -4.6M 3.9M -3.8M
Beginning Cash Position 4.3M 8.9M 5.0M 8.8M
End Cash Position 1.2M 4.3M 8.9M 5.0M
Free Cash Flow -5.0M -2.4M -2.3M -1.5M
Interest Paid Supplemental Data -- -- -- 308,074
Change In Prepaid Assets -7,302 11,747 10,203 24,741
Depreciation 2,117 0.00 -- --
Dividends Received Cfi 12.2M 3.4M -- --
Earnings Losses From Equity Investments -834,678 -2.3M -100,696 -14,706
Gain Loss On Investment Securities -332,428 -- -490,449 -128,673
Interest Paid Cfo -990,033 -43,666 -447,059 0.00
Interest Received Cfo 72,795 304,763 186,445 0.00
Long Term Debt Issuance -- 0.00 10.0M 12.8M
Long Term Debt Payments -750,000 -263,725 -3.9M -9.0M
Net Business Purchase And Sale -- 3.4M 0.00 720,000
Net Income From Continuing Operations -4.6M -1.7M -4.6M -2.9M
Net Investment Properties Purchase And Sale -- -- 0.00 -594,586
Net Long Term Debt Issuance -750,000 -263,725 6.1M 3.9M
Net Other Investing Changes -320,000 -5.4M -2.0M -16.2M
Net Short Term Debt Issuance -4.8M 0.00 -- --
Operating Gains Losses -1.2M -2.3M -591,145 -143,379
Proceeds From Stock Option Exercised -- 0.00 323,908 8,349
Purchase Of Investment Properties -- -- 0.00 -594,586
Short Term Debt Payments -4.8M 0.00 -- --
Taxes Refund Paid -164,820 0.00 -- --
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