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Kovo+ Holdings 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 Q2 2024Jun 30, 2024
Total Revenue 2.5M 2.8M 2.7M 2.8M 2.4M --
Operating Revenue 2.5M 2.8M 2.7M 2.8M 2.4M --
Selling General And Administration 3.3M 2.9M 3.0M 3.8M 3.3M --
General And Administrative Expense 3.3M 2.9M 3.0M 3.8M 3.3M --
Depreciation And Amortization In Income Statement 268,000 267,000 257,000 236,000 239,000 --
Operating Expense 3.6M 3.1M 3.2M 4.0M 3.5M --
Operating Income -1.1M -338,000 -531,000 -1.2M -1.1M --
EBIT -1.1M -638,000 -531,000 -1.2M -958,000 --
Interest Expense 1.4M 632,000 613,000 587,000 536,000 --
Interest Expense Non Operating 1.4M 632,000 613,000 587,000 536,000 --
Net Interest Income -1.4M -932,000 -613,000 -627,000 -215,000 --
Other Income Expense -9,000 -- -- 1,000 -143,000 --
Other Non Operating Income Expenses -9,000 -- -- 1,000 -143,000 --
Special Income Charges -- -- -- 0.00 0.00 0.00
Restructuring And Mergern Acquisition -- -- -- 0.00 0.00 0.00
Pretax Income -2.5M -1.3M -1.1M -1.8M -1.5M --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -2.5M -1.3M -1.1M -1.4M -1.5M --
Net Income From Continuing Operation Net Minority Interest -2.5M -1.3M -1.1M -1.4M -1.5M --
Net Income Including Noncontrolling Interests -2.5M -1.3M -1.1M -1.4M -1.5M --
Net Income Common Stockholders -2.5M -1.3M -1.1M -1.4M -1.5M --
Net Income -2.5M -1.3M -1.1M -1.4M -1.5M --
EBITDA -850,000 -371,000 -274,000 -990,000 -719,000 --
Normalized EBITDA -850,000 -371,000 -274,000 -990,000 -719,000 --
Reconciled Depreciation 268,000 265,000 257,000 236,000 239,000 --
Basic EPS -0.01 -0.01 -0.01 -- -0.01 -0.01
Diluted EPS -0.01 -0.01 -0.01 -- -0.01 -0.01
Basic Average Shares 176.9M 176.9M 153.1M -- 108.4M 57.5M
Diluted Average Shares 176.9M 176.9M 153.1M -- 108.4M 57.5M
Total Unusual Items -- -- -- 0.00 0.00 0.00
Total Unusual Items Excluding Goodwill -- -- -- 0.00 0.00 0.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00 --
Normalized Income -2.5M -1.3M -1.1M -1.4M -1.5M --
Depreciation Amortization Depletion Income Statement 268,000 267,000 257,000 236,000 239,000 --
Diluted NI Availto Com Stockholders -2.5M -1.3M -1.1M -1.4M -1.5M --
Net Income Continuous Operations -2.5M -1.3M -1.1M -1.4M -1.5M --
Net Non Operating Interest Income Expense -1.4M -932,000 -613,000 -627,000 -215,000 --
Other Gand A 1.2M 950,000 827,000 1.6M 1.2M --
Salaries And Wages 2.1M 1.9M 2.2M 2.2M 2.0M --
Total Expenses 3.6M 3.1M 3.2M 4.0M 3.5M --
Total Operating Income As Reported -1.1M -338,000 -531,000 -1.2M -1.1M --
Total Other Finance Cost -- 300,000 -- 40,000 -321,000 50,000
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 445,000 626,000 466,000 305,000 181,000 --
Cash Cash Equivalents And Short Term Investments 445,000 626,000 466,000 305,000 181,000 --
Cash Financial 445,000 626,000 466,000 305,000 181,000 --
Accounts Receivable 472,000 264,000 199,000 121,000 175,000 --
Receivables 713,000 537,000 603,000 535,000 708,000 --
Current Assets 1.2M 1.2M 1.1M 840,000 889,000 --
Gross PPE 881,000 772,000 772,000 775,000 780,000 --
Accumulated Depreciation -752,000 -696,000 -683,000 -669,000 -645,000 --
Net PPE 129,000 76,000 89,000 106,000 135,000 --
Goodwill 7.6M 4.7M 4.7M 4.7M 5.3M --
Goodwill And Other Intangible Assets 13.3M 10.0M 10.2M 10.4M 11.2M --
Other Intangible Assets 5.7M 5.3M 5.5M 5.7M 5.9M --
Total Non Current Assets 13.6M 10.2M 10.3M 10.5M 11.3M --
Total Assets 14.7M 11.4M 11.4M 11.4M 12.2M --
Current Debt 15.1M 12.8M 11.3M 11.0M 9.5M --
Current Debt And Capital Lease Obligation 15.1M 12.8M 11.3M 11.0M 9.5M --
Accounts Payable 2.2M 1.6M 1.7M 1.8M 2.0M --
Payables 2.2M 1.6M 1.7M 1.9M 2.0M --
Payables And Accrued Expenses 2.2M 1.6M 1.7M 1.9M 2.0M --
Current Liabilities 17.3M 14.4M 13.0M 13.0M 11.5M --
Long Term Debt 4.9M 2.0M 2.1M 2.3M 3.3M --
Long Term Debt And Capital Lease Obligation 4.9M 2.0M 2.1M 2.4M 3.4M --
Long Term Capital Lease Obligation 0.00 18,000 35,000 50,000 66,000 --
Total Non Current Liabilities Net Minority Interest 4.9M 2.0M 2.1M 2.4M 3.7M --
Total Liabilities Net Minority Interest 22.3M 16.4M 15.1M 15.4M 15.3M --
Common Stock 12.1M 12.1M 12.1M 10.9M 10.4M --
Capital Stock 12.1M 12.1M 12.1M 10.9M 10.4M --
Additional Paid In Capital 2.1M 2.1M 2.1M 1.9M 1.9M --
Retained Earnings -21.7M -19.2M -18.0M -16.8M -15.4M --
Common Stock Equity -7.5M -5.0M -3.8M -4.0M -3.0M --
Stockholders Equity -7.5M -5.0M -3.8M -4.0M -3.0M --
Total Equity Gross Minority Interest -7.5M -5.0M -3.8M -4.0M -3.0M --
Total Capitalization -2.6M -3.0M -1.7M -1.6M 264,000 --
Net Tangible Assets -20.8M -15.0M -14.0M -14.4M -14.2M --
Tangible Book Value -20.8M -15.0M -14.0M -14.4M -14.2M --
Working Capital -16.2M -13.2M -12.0M -12.1M -10.6M --
Invested Capital 12.4M 9.7M 9.6M 9.3M 9.7M --
Total Debt 20.0M 14.8M 13.4M 13.4M 12.9M --
Net Debt 19.5M 14.1M 12.9M 13.0M 12.6M --
Share Issued 176.9M 176.9M 176.9M 133.1M 120.0M --
Ordinary Shares Number 176.9M 176.9M 176.9M 133.1M 120.0M --
Buildings And Improvements 765,000 765,000 765,000 765,000 765,000 --
Capital Lease Obligations 66,000 81,000 95,000 108,000 132,000 --
Current Capital Lease Obligation 66,000 63,000 60,000 58,000 66,000 --
Current Notes Payable 2.1M 666,000 -- 0.00 1.1M 342,000
Dueto Related Parties Current -- -- -- 180,000 -- --
Line Of Credit -- -- -- -- 8.0M 6.6M
Machinery Furniture Equipment 48,000 -- -- -- -- --
Non Current Deferred Liabilities -- -- -- 0.00 374,000 374,000
Non Current Deferred Taxes Liabilities -- -- -- 0.00 374,000 374,000
Non Current Note Receivables 156,000 165,000 -- -- -- --
Notes Receivable 32,000 107,000 215,000 215,000 215,000 --
Other Current Borrowings 13.0M 12.1M 11.3M 11.0M 8.4M --
Other Properties 68,000 7,000 7,000 10,000 15,000 --
Other Receivables 209,000 166,000 189,000 199,000 318,000 --
Properties 0.00 0.00 0.00 0.00 0.00 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow -624,000 -296,000 -575,000 -881,000 -1.6M --
Cash Flow From Continuing Operating Activities -624,000 -296,000 -575,000 -881,000 -1.6M --
Depreciation And Amortization 268,000 265,000 257,000 236,000 239,000 --
Depreciation Amortization Depletion 268,000 265,000 257,000 236,000 239,000 --
Stock Based Compensation 0.00 0.00 1,000 -6,000 1,000 --
Change In Working Capital 226,000 -206,000 -276,000 99,000 -388,000 --
Changes In Account Receivables -73,000 -65,000 -78,000 54,000 5,000 --
Change In Receivables -80,000 -42,000 -68,000 173,000 -110,000 --
Change In Payables And Accrued Expense 306,000 -164,000 -208,000 -74,000 -278,000 --
Change In Payable 306,000 -- -208,000 -74,000 -278,000 -1.1M
Other Non Cash Items 1.4M 908,000 587,000 603,000 145,000 --
Capital Expenditure -- -- -1,000 -- -20,000 -24,000
Purchase Of PPE 0.00 0.00 -1,000 -1,000 -5,000 --
Net PPE Purchase And Sale 0.00 0.00 -1,000 -1,000 -5,000 --
Purchase Of Business 0.00 -- -- 2.2M -3.3M 0.00
Sale Of Business 40,000 -- -- -- 0.00 --
Investing Cash Flow -149,000 -50,000 -1,000 2.2M -3.3M --
Cash Flow From Continuing Investing Activities -149,000 -50,000 -1,000 2.2M -3.3M --
Issuance Of Debt 1.2M 550,000 0.00 -721,000 5.1M --
Repayment Of Debt -658,000 -44,000 -597,000 -474,000 -120,000 --
Net Issuance Payments Of Debt 592,000 506,000 -597,000 -1.2M 5.0M --
Issuance Of Capital Stock 0.00 0.00 1.3M -1.7M 1.7M --
Repurchase Of Capital Stock 0.00 -- -- -- -1.7M --
Net Common Stock Issuance 0.00 0.00 1.3M 0.00 0.00 --
Common Stock Payments 0.00 -- -- -- -1.7M --
Financing Cash Flow 592,000 506,000 737,000 -1.2M 5.0M --
Cash Flow From Continuing Financing Activities 592,000 506,000 737,000 -1.2M 5.0M --
Changes In Cash -181,000 160,000 161,000 124,000 97,000 --
Beginning Cash Position 626,000 466,000 305,000 181,000 84,000 --
End Cash Position 445,000 626,000 466,000 305,000 181,000 --
Free Cash Flow -624,000 -296,000 -576,000 -881,000 -1.6M --
Interest Paid Supplemental Data -- 32,000 26,000 -- -- 38,000
Capital Expenditure Reported 0.00 0.00 0.00 -- -15,000 -24,000
Change In Account Payable 306,000 -- -208,000 -74,000 -278,000 -1.1M
Change In Income Tax Payable 0.00 -- -- 0.00 0.00 0.00
Change In Tax Payable 0.00 -- -- 0.00 0.00 0.00
Common Stock Issuance 0.00 0.00 1.3M -1.7M 1.7M --
Long Term Debt Issuance 1.2M 550,000 0.00 -721,000 5.1M --
Long Term Debt Payments -658,000 -44,000 -597,000 -474,000 -120,000 --
Net Business Purchase And Sale 40,000 -- -- 2.2M -3.3M 0.00
Net Income From Continuing Operations -2.5M -1.3M -1.1M -1.4M -1.5M --
Net Intangibles Purchase And Sale -- -- -- -- -- -24,000
Net Long Term Debt Issuance 592,000 506,000 -597,000 -1.2M 5.0M --
Net Other Investing Changes -189,000 -50,000 -- -- -- --
Operating Gains Losses -- -- -- 0.00 -57,000 --
Purchase Of Intangibles -- -- -- -- -- -24,000
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