Magellan Aerospace Corporation
Financial Statements (IFRS) · Amounts in CAD
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 | 255.7M | 249.8M | 260.9M | 240.7M | 223.5M |
| Operating Revenue | 255.7M | 249.8M | 260.9M | 240.7M | 223.5M |
| Cost Of Revenue | 223.0M | 216.5M | 227.2M | 208.3M | 198.5M |
| Gross Profit | 32.6M | 33.3M | 33.7M | 32.4M | 25.0M |
| Selling General And Administration | 16.4M | 17.7M | 15.2M | 10.6M | 13.6M |
| General And Administrative Expense | 16.4M | 17.7M | 15.2M | 10.6M | 13.6M |
| Operating Expense | 16.4M | 17.7M | 15.2M | 14.2M | 13.6M |
| Operating Income | 16.2M | 15.5M | 18.5M | 18.2M | 11.4M |
| EBIT | 17.7M | 9.2M | 15.6M | 20.0M | 10.2M |
| Interest Expense | 289,000 | 478,000 | 576,000 | 571,000 | 950,000 |
| Interest Expense Non Operating | 289,000 | 478,000 | 576,000 | 571,000 | 950,000 |
| Net Interest Income | -289,000 | -478,000 | -576,000 | -860,000 | -950,000 |
| Other Income Expense | 1.5M | -6.3M | -2.9M | 2.0M | -1.2M |
| Other Non Operating Income Expenses | 1.5M | -6.3M | -2.9M | -637,000 | -1.2M |
| Special Income Charges | -- | -- | -- | -15,000 | 0.00 |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 | 0.00 |
| Pretax Income | 17.4M | 8.7M | 15.0M | 19.4M | 9.3M |
| Tax Provision | 4.7M | 3.3M | 4.2M | 3.5M | 3.4M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 485,384 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| Net Income From Continuing Operation Net Minority Interest | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| Net Income Including Noncontrolling Interests | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| Net Income Common Stockholders | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| Net Income | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| EBITDA | 29.8M | 21.1M | 27.3M | 31.2M | 21.5M |
| Normalized EBITDA | 29.8M | 21.1M | 27.3M | 28.6M | 21.5M |
| Reconciled Depreciation | 12.1M | 11.9M | 11.7M | 11.3M | 11.3M |
| Basic EPS | 0.22 | 0.09 | 0.19 | -- | 0.10 |
| Diluted EPS | 0.22 | 0.09 | 0.19 | -- | 0.10 |
| Basic Average Shares | 57.1M | 57.1M | 57.1M | -- | 57.1M |
| Diluted Average Shares | 57.1M | 57.1M | 57.1M | -- | 57.1M |
| Total Unusual Items | -- | -- | -- | 2.7M | 0.00 |
| Total Unusual Items Excluding Goodwill | -- | -- | -- | 2.7M | 0.00 |
| Tax Rate For Calcs | 0.27 | 0.38 | 0.28 | 0.18 | 0.37 |
| Normalized Income | 12.7M | 5.4M | 10.8M | 13.7M | 5.8M |
| Diluted NI Availto Com Stockholders | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| Net Income Continuous Operations | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| Net Non Operating Interest Income Expense | -289,000 | -478,000 | -576,000 | -860,000 | -950,000 |
| Other Gand A | 16.4M | 17.7M | 15.2M | -20.8M | 13.6M |
| Reconciled Cost Of Revenue | 223.0M | 216.5M | 227.2M | 208.3M | 198.5M |
| Total Expenses | 239.4M | 234.3M | 242.4M | 222.5M | 212.1M |
| 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 | 72.0M | 81.4M | 55.5M | 56.4M | 30.7M |
| Cash Cash Equivalents And Short Term Investments | 72.0M | 81.4M | 55.5M | 56.4M | 30.7M |
| Cash Equivalents | -- | -- | -- | 31.2M | -- |
| Cash Financial | 72.0M | 81.4M | 55.5M | 25.2M | 30.7M |
| Accounts Receivable | 245.7M | 231.9M | 234.3M | 187.9M | 219.6M |
| Receivables | 307.5M | 284.7M | 308.4M | 290.8M | 296.2M |
| Inventory | 285.8M | 286.7M | 293.1M | 284.1M | 280.0M |
| Other Current Assets | 21.6M | 12.5M | 12.2M | 11.7M | 12.7M |
| Current Assets | 686.9M | 665.2M | 669.2M | 643.1M | 619.6M |
| Gross PPE | 410.6M | 407.3M | 419.0M | 1.1B | 398.0M |
| Accumulated Depreciation | -- | -- | -- | -650.7M | -- |
| Net PPE | 410.6M | 407.3M | 419.0M | 413.4M | 398.0M |
| Goodwill | 23.9M | 23.6M | 24.2M | 23.9M | 23.1M |
| Goodwill And Other Intangible Assets | 58.9M | 59.5M | 60.2M | 60.2M | 59.1M |
| Other Intangible Assets | 35.0M | 35.9M | 36.0M | 36.2M | 36.0M |
| Other Non Current Assets | 15.0M | 14.2M | 13.9M | 14.1M | 12.5M |
| Total Non Current Assets | 500.8M | 497.6M | 509.4M | 503.2M | 485.5M |
| Total Assets | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B |
| Current Debt | 42.3M | 40.3M | 26.7M | 24.1M | 36.1M |
| Current Debt And Capital Lease Obligation | 42.3M | 40.3M | 26.7M | 30.6M | 36.1M |
| Accounts Payable | 153.8M | 144.8M | 159.3M | 59.0M | 138.9M |
| Payables | 153.8M | 144.8M | 159.3M | 59.0M | 138.9M |
| Payables And Accrued Expenses | 153.8M | 144.8M | 159.3M | 134.3M | 138.9M |
| Current Accrued Expenses | -- | -- | -- | 75.3M | -- |
| Current Deferred Revenue | 62.2M | 69.6M | 70.9M | 67.2M | 65.5M |
| Current Liabilities | 258.3M | 254.7M | 256.9M | 237.7M | 240.5M |
| Long Term Debt | 23.3M | 23.1M | 23.0M | 24.2M | 23.9M |
| Long Term Debt And Capital Lease Obligation | 51.1M | 51.7M | 53.5M | 55.8M | 54.2M |
| Long Term Capital Lease Obligation | 27.7M | 28.6M | 30.5M | 31.6M | 30.4M |
| Other Non Current Liabilities | 19.1M | 14.2M | 13.8M | 13.8M | 6.2M |
| Total Non Current Liabilities Net Minority Interest | 103.7M | 98.9M | 102.5M | 105.7M | 96.1M |
| Total Liabilities Net Minority Interest | 362.0M | 353.6M | 359.4M | 343.4M | 336.6M |
| Common Stock | 249.5M | 249.8M | 249.8M | 249.8M | 249.8M |
| Capital Stock | 249.5M | 249.8M | 249.8M | 249.8M | 249.8M |
| Additional Paid In Capital | 15.6M | 15.6M | 15.6M | 15.6M | 15.6M |
| Retained Earnings | 502.4M | 493.1M | 490.2M | 480.6M | 462.9M |
| Gains Losses Not Affecting Retained Earnings | 54.8M | 47.4M | 60.2M | 53.4M | 36.7M |
| Common Stock Equity | 822.3M | 805.9M | 815.8M | 799.4M | 765.0M |
| Stockholders Equity | 822.3M | 805.9M | 815.8M | 799.4M | 765.0M |
| Total Equity Gross Minority Interest | 825.7M | 809.2M | 819.2M | 802.8M | 768.4M |
| Minority Interest | 3.4M | 3.4M | 3.4M | 3.4M | 3.4M |
| Total Capitalization | 845.7M | 829.0M | 838.8M | 823.7M | 788.9M |
| Net Tangible Assets | 763.4M | 746.4M | 755.6M | 739.2M | 705.9M |
| Tangible Book Value | 763.4M | 746.4M | 755.6M | 739.2M | 705.9M |
| Working Capital | 428.6M | 410.5M | 412.4M | 405.4M | 379.0M |
| Invested Capital | 888.0M | 869.3M | 865.4M | 847.8M | 825.0M |
| Total Debt | 93.3M | 92.0M | 80.1M | 86.4M | 90.4M |
| Net Debt | -- | -- | -- | -- | 29.3M |
| Share Issued | 57.1M | 57.1M | 57.1M | 57.1M | 57.1M |
| Ordinary Shares Number | 57.1M | 57.1M | 57.1M | 57.1M | 57.1M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | -411,000 | -- |
| Buildings And Improvements | -- | -- | -- | 193.0M | -- |
| Capital Lease Obligations | 27.7M | 28.6M | 30.5M | 38.1M | 30.4M |
| Current Capital Lease Obligation | -- | -- | -- | 6.5M | -- |
| Current Deferred Liabilities | 62.2M | 69.6M | 70.9M | 67.2M | 65.5M |
| Current Provisions | -- | -- | -- | 5.6M | -- |
| Finished Goods | -- | -- | -- | 36.0M | -- |
| Foreign Currency Translation Adjustments | 54.8M | 47.4M | 60.2M | 53.4M | 36.7M |
| Gross Accounts Receivable | -- | -- | -- | 188.3M | -- |
| Investment Properties | 6.9M | 7.0M | 7.0M | 6.8M | 6.9M |
| Land And Improvements | -- | -- | -- | 24.9M | -- |
| Line Of Credit | 31.5M | 29.6M | 15.8M | 19.9M | 26.2M |
| Machinery Furniture Equipment | -- | -- | -- | 780.2M | -- |
| Non Current Deferred Assets | 9.4M | 9.6M | 9.2M | 8.6M | 9.0M |
| Non Current Deferred Liabilities | 33.6M | 33.0M | 35.3M | 36.0M | 35.6M |
| Non Current Deferred Taxes Assets | 9.4M | 9.6M | 9.2M | 8.6M | 9.0M |
| Non Current Deferred Taxes Liabilities | 33.6M | 33.0M | 35.3M | 36.0M | 35.6M |
| Other Current Borrowings | 10.8M | 10.7M | 10.9M | 4.3M | 9.9M |
| Other Properties | 410.6M | 407.3M | 419.0M | 66.0M | 398.0M |
| Other Receivables | 61.9M | 52.7M | 74.1M | 103.0M | 76.6M |
| Properties | -- | -- | -- | 0.00 | -- |
| Raw Materials | -- | -- | -- | 74.7M | -- |
| Work In Process | -- | -- | -- | 173.4M | -- |
| 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 | 4.8M | 25.8M | 21.5M | 46.3M | 18.6M |
| Cash Flow From Continuing Operating Activities | 4.8M | 25.8M | 21.5M | 46.3M | 18.6M |
| Depreciation And Amortization | 12.1M | 11.9M | 11.7M | 11.3M | 11.3M |
| Depreciation Amortization Depletion | 12.1M | 11.9M | 11.7M | 11.3M | 11.3M |
| Deferred Tax | 387,000 | -2.0M | -1.3M | -1.5M | -1.7M |
| Deferred Income Tax | 387,000 | -2.0M | -1.3M | -1.5M | -1.7M |
| Change In Working Capital | -20.9M | 9.7M | -694,000 | 19.5M | 1.8M |
| Other Non Cash Items | 620,000 | 618,000 | 662,000 | 714,000 | 645,000 |
| Capital Expenditure | -11.1M | -8.3M | -13.2M | -13.2M | -7.3M |
| Purchase Of PPE | -10.2M | -6.7M | -12.5M | -13.7M | -7.3M |
| Net PPE Purchase And Sale | -10.2M | -6.7M | -12.5M | -13.8M | -7.3M |
| Investing Cash Flow | -11.1M | -8.3M | -13.2M | -12.3M | -7.2M |
| Cash Flow From Continuing Investing Activities | -11.1M | -8.3M | -13.2M | -12.3M | -7.2M |
| Issuance Of Debt | -- | 13.3M | -- | -- | 0.00 |
| Repayment Of Debt | -1.6M | -1.6M | -3.1M | -1.5M | -1.9M |
| Net Issuance Payments Of Debt | 247,000 | 11.7M | -7.6M | -14.9M | -11.4M |
| Repurchase Of Capital Stock | -920,000 | 0.00 | -4,000 | 0.00 | -5,000 |
| Net Common Stock Issuance | -920,000 | 0.00 | -4,000 | 0.00 | -5,000 |
| Common Stock Dividend Paid | -2.9M | -2.9M | -1.4M | -1.4M | -1.4M |
| Common Stock Payments | -920,000 | 0.00 | -4,000 | 0.00 | -5,000 |
| Financing Cash Flow | -3.4M | 9.0M | -9.3M | -16.4M | -13.0M |
| Cash Flow From Continuing Financing Activities | -3.4M | 9.0M | -9.3M | -16.4M | -13.0M |
| Effect Of Exchange Rate Changes | 297,000 | -556,000 | 61,000 | 968,000 | 336,000 |
| Changes In Cash | -9.7M | 26.4M | -953,000 | 17.6M | -1.6M |
| Beginning Cash Position | 81.4M | 55.5M | 56.4M | 30.7M | 31.9M |
| End Cash Position | 72.0M | 81.4M | 55.5M | 56.4M | 30.7M |
| Free Cash Flow | -6.3M | 17.4M | 8.3M | 33.1M | 11.4M |
| Cash Dividends Paid | -2.9M | -2.9M | -1.4M | -1.4M | -1.4M |
| Earnings Losses From Equity Investments | -197,000 | -176,000 | -282,000 | -324,000 | -266,000 |
| Gain Loss On Sale Of PPE | 0.00 | 2,000 | 0.00 | -10,000 | 141,000 |
| Long Term Debt Issuance | -- | 0.00 | -- | -- | 0.00 |
| Long Term Debt Payments | -1.6M | -1.6M | -3.1M | -1.5M | -1.9M |
| Net Income From Continuing Operations | 12.7M | 5.4M | 10.8M | 15.9M | 5.8M |
| Net Intangibles Purchase And Sale | -926,000 | -1.6M | -666,000 | 1.5M | 51,000 |
| Net Long Term Debt Issuance | -1.6M | -1.6M | -3.1M | -1.5M | -1.9M |
| Net Other Financing Charges | 102,000 | 113,000 | -277,000 | -73,000 | -199,000 |
| Net Short Term Debt Issuance | 1.9M | 13.3M | -4.5M | -13.5M | -9.5M |
| Operating Gains Losses | -6,000 | 122,000 | 342,000 | 486,000 | 661,000 |
| Pension And Employee Benefit Expense | 191,000 | 296,000 | 624,000 | 820,000 | 786,000 |
| Purchase Of Intangibles | -- | -1.6M | -666,000 | -- | -- |
| Sale Of Intangibles | -- | -- | -- | -- | -- |
| Sale Of PPE | 0.00 | 0.00 | 0.00 | -18,000 | 2,000 |
| Short Term Debt Issuance | -- | 13.3M | -- | -- | -- |