Major Drilling Group International Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Oct 31, 2025 | Q3 2025Jul 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 244.1M | 226.6M | 187.5M | 160.7M | 189.3M | -- |
| Operating Revenue | 244.1M | 226.6M | 187.5M | 160.7M | 189.3M | -- |
| Cost Of Revenue | 195.5M | 184.5M | 159.8M | 144.2M | 145.0M | -- |
| Gross Profit | 48.7M | 42.2M | 27.7M | 16.5M | 44.3M | -- |
| Selling General And Administration | 20.7M | 20.3M | 19.8M | 20.6M | 17.3M | -- |
| General And Administrative Expense | 20.7M | 20.3M | 19.8M | 20.6M | 17.3M | -- |
| Depreciation And Amortization In Income Statement | 2.6M | 2.6M | 3.1M | 2.1M | 1.1M | -- |
| Other Operating Expenses | 4.9M | 3.3M | 2.5M | 1.1M | 2.5M | -- |
| Operating Expense | 28.2M | 26.2M | 25.3M | 23.8M | 20.9M | -- |
| Operating Income | 20.5M | 16.0M | 2.4M | -7.3M | 23.4M | -- |
| EBIT | 20.3M | 14.6M | 2.4M | -7.3M | 23.4M | -- |
| Interest Expense | 648,000 | 632,000 | -- | -- | -- | -- |
| Interest Expense Non Operating | 648,000 | 632,000 | -- | -- | -- | -- |
| Interest Income | -- | -- | -- | -- | 491,000 | 664,000 |
| Interest Income Non Operating | -- | -- | -- | -- | 491,000 | 664,000 |
| Net Interest Income | -648,000 | -632,000 | -717,000 | -922,000 | 491,000 | -- |
| Other Income Expense | -237,000 | -1.4M | 61,000 | -1.7M | 791,000 | -- |
| Special Income Charges | -705,000 | 120,000 | -214,000 | 217,000 | 279,000 | -- |
| Gain On Sale Of Security | 468,000 | -1.5M | 275,000 | -1.9M | 512,000 | -- |
| Earnings From Equity Interest | -- | -- | -- | -- | 27,000 | -- |
| Pretax Income | 19.6M | 14.0M | 1.8M | -9.9M | 24.7M | -- |
| Tax Provision | 5.7M | 3.9M | 741,000 | -848,000 | 6.5M | -- |
| Tax Effect Of Unusual Items | -68,463 | -383,328 | 9,150 | -147,200 | 209,326 | -- |
| Net Income From Continuing And Discontinued Operation | 13.9M | 10.1M | 1.0M | -9.1M | 18.2M | -- |
| Net Income From Continuing Operation Net Minority Interest | 13.9M | 10.1M | 1.0M | -9.1M | 18.2M | -- |
| Net Income Including Noncontrolling Interests | 13.9M | 10.1M | 1.0M | -9.1M | 18.2M | -- |
| Net Income Common Stockholders | 13.9M | 10.1M | 1.0M | -9.1M | 18.2M | -- |
| Net Income | 13.9M | 10.1M | 1.0M | -9.1M | 18.2M | -- |
| EBITDA | 37.6M | 32.1M | 20.5M | 9.6M | 37.9M | -- |
| Normalized EBITDA | 37.9M | 33.4M | 20.4M | 11.3M | 37.1M | -- |
| Reconciled Depreciation | 17.4M | 17.5M | 18.0M | 16.9M | 14.5M | -- |
| Basic EPS | 0.17 | 0.12 | -- | -0.11 | 0.22 | 0.19 |
| Diluted EPS | 0.17 | 0.12 | -- | -0.11 | 0.22 | 0.19 |
| Basic Average Shares | 81.9M | 81.9M | -- | 81.8M | 81.8M | 81.8M |
| Diluted Average Shares | 82.1M | 82.0M | -- | 82.0M | 82.0M | 82.0M |
| Total Unusual Items | -237,000 | -1.4M | 61,000 | -1.7M | 791,000 | -- |
| Total Unusual Items Excluding Goodwill | -237,000 | -1.4M | 61,000 | -1.7M | 791,000 | -- |
| Tax Rate For Calcs | 0.29 | 0.28 | 0.15 | 0.09 | 0.26 | -- |
| Normalized Income | 14.1M | 11.1M | 968,150 | -7.5M | 17.6M | -- |
| Amortization | 1.5M | 1.5M | 2.0M | 1.2M | 272,000 | -- |
| Amortization Of Intangibles Income Statement | 1.5M | 1.5M | 2.0M | 1.2M | 272,000 | -- |
| Depreciation Amortization Depletion Income Statement | 2.6M | 2.6M | 3.1M | 2.1M | 1.1M | -- |
| Depreciation Income Statement | 1.0M | 1.0M | 1.1M | 933,000 | 778,000 | -- |
| Diluted NI Availto Com Stockholders | 13.9M | 10.1M | 1.0M | -9.1M | 18.2M | -- |
| Gain On Sale Of Ppe | -705,000 | 120,000 | -214,000 | 217,000 | 279,000 | -- |
| Net Income Continuous Operations | 13.9M | 10.1M | 1.0M | -9.1M | 18.2M | -- |
| Net Non Operating Interest Income Expense | -648,000 | -632,000 | -717,000 | -922,000 | 491,000 | -- |
| Other Gand A | 9.4M | 8.8M | 9.4M | 9.1M | 7.7M | -- |
| Reconciled Cost Of Revenue | 180.6M | 169.6M | 144.8M | 129.4M | 131.6M | -- |
| Salaries And Wages | 11.2M | 11.6M | 10.4M | 11.6M | 9.6M | -- |
| Total Expenses | 223.6M | 210.7M | 185.1M | 168.0M | 165.8M | -- |
| Total Other Finance Cost | -- | -- | 717,000 | 922,000 | -- | -- |
| Line Item | Q4 2025Oct 31, 2025 | Q3 2025Jul 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 64.7M | 47.1M | 46.0M | 63.0M | 100.4M | -- |
| Cash Cash Equivalents And Short Term Investments | 64.7M | 47.1M | 46.0M | 63.0M | 100.4M | -- |
| Accounts Receivable | 191.1M | 158.5M | 144.7M | 115.1M | 124.1M | -- |
| Receivables | 196.1M | 164.0M | 151.7M | 121.5M | 127.6M | -- |
| Inventory | 114.7M | 115.5M | 115.6M | 120.0M | 109.3M | -- |
| Prepaid Assets | 9.5M | 12.1M | 8.5M | 10.6M | 7.7M | -- |
| Current Assets | 385.0M | 338.7M | 321.8M | 315.1M | 345.0M | -- |
| Gross PPE | 284.5M | 284.3M | 286.7M | 293.2M | 259.3M | -- |
| Net PPE | 284.5M | 284.3M | 286.7M | 293.2M | 259.3M | -- |
| Goodwill | 67.5M | 66.0M | 66.0M | 72.6M | 22.9M | -- |
| Goodwill And Other Intangible Assets | 89.1M | 88.7M | 90.2M | 91.8M | 24.6M | -- |
| Other Intangible Assets | 21.6M | 22.7M | 24.3M | 19.2M | 1.7M | -- |
| Investments And Advances | 17.8M | 17.8M | 17.8M | 18.5M | 15.2M | -- |
| Long Term Equity Investment | 17.8M | 17.8M | 17.8M | 18.5M | 15.2M | -- |
| Total Non Current Assets | 394.0M | 393.1M | 396.9M | 407.0M | 302.3M | -- |
| Total Assets | 778.9M | 731.8M | 718.7M | 722.2M | 647.3M | -- |
| Current Debt And Capital Lease Obligation | 2.1M | 2.2M | 2.0M | 1.9M | 1.6M | -- |
| Accounts Payable | 137.9M | 117.0M | 112.7M | 94.5M | 87.5M | -- |
| Payables | 145.4M | 123.1M | 117.0M | 102.3M | 94.6M | -- |
| Payables And Accrued Expenses | 145.4M | 123.1M | 117.0M | 102.3M | 94.6M | -- |
| Other Current Liabilities | 7.4M | 6.5M | 8.9M | -- | -- | 9.0M |
| Current Liabilities | 154.8M | 131.9M | 127.9M | 104.3M | 96.2M | -- |
| Long Term Debt | 28.0M | 27.7M | 27.7M | 29.0M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 34.8M | 34.5M | 35.1M | 37.4M | 4.6M | -- |
| Long Term Capital Lease Obligation | 6.8M | 6.8M | 7.4M | 8.5M | 4.6M | -- |
| Other Non Current Liabilities | 15.0M | 15.7M | 13.3M | 22.6M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 66.1M | 67.9M | 68.8M | 79.9M | 18.0M | -- |
| Total Liabilities Net Minority Interest | 220.9M | 199.8M | 196.6M | 184.2M | 114.2M | -- |
| Common Stock | 265.2M | 263.5M | 263.1M | 263.1M | 263.1M | -- |
| Capital Stock | 265.2M | 263.5M | 263.1M | 263.1M | 263.1M | -- |
| Retained Earnings | 201.9M | 187.8M | 177.7M | 176.7M | 185.8M | -- |
| Gains Losses Not Affecting Retained Earnings | 88.6M | 77.2M | 77.7M | 94.6M | 80.7M | -- |
| Other Equity Adjustments | 2.0M | -187,000 | -293,000 | -508,000 | -556,000 | -- |
| Common Stock Equity | 558.0M | 532.0M | 522.1M | 537.9M | 533.1M | -- |
| Stockholders Equity | 558.0M | 532.0M | 522.1M | 537.9M | 533.1M | -- |
| Total Equity Gross Minority Interest | 558.0M | 532.0M | 522.1M | 537.9M | 533.1M | -- |
| Total Capitalization | 586.0M | 559.7M | 549.8M | 566.9M | 533.1M | -- |
| Net Tangible Assets | 468.9M | 443.3M | 431.9M | 446.1M | 508.5M | -- |
| Tangible Book Value | 468.9M | 443.3M | 431.9M | 446.1M | 508.5M | -- |
| Working Capital | 230.2M | 206.8M | 194.0M | 210.8M | 248.8M | -- |
| Invested Capital | 586.0M | 559.7M | 549.8M | 566.9M | 533.1M | -- |
| Total Debt | 36.8M | 36.7M | 37.1M | 39.4M | 6.3M | -- |
| Share Issued | 82.1M | 81.9M | 81.8M | 81.8M | 81.8M | -- |
| Ordinary Shares Number | 82.1M | 81.9M | 81.8M | 81.8M | 81.8M | -- |
| Buildings And Improvements | -- | -- | 11.1M | -- | -- | -- |
| Capital Lease Obligations | 8.9M | 9.1M | 9.5M | 10.4M | 6.3M | -- |
| Current Capital Lease Obligation | 2.1M | 2.2M | 2.0M | 1.9M | 1.6M | -- |
| Foreign Currency Translation Adjustments | 86.6M | 77.4M | 78.0M | 95.1M | 81.3M | -- |
| Income Tax Payable | 7.5M | 6.1M | 4.3M | 7.9M | 7.0M | -- |
| Investmentsin Associatesat Cost | 17.8M | 17.8M | 17.8M | 18.5M | 15.2M | -- |
| Land And Improvements | -- | -- | 7.0M | -- | -- | -- |
| Machinery Furniture Equipment | -- | -- | 56.2M | -- | -- | -- |
| Non Current Deferred Assets | 2.6M | 2.3M | 2.2M | 3.5M | 3.2M | -- |
| Non Current Deferred Liabilities | 16.3M | 17.7M | 20.3M | 19.9M | 13.4M | -- |
| Non Current Deferred Taxes Assets | 2.6M | 2.3M | 2.2M | 3.5M | 3.2M | -- |
| Non Current Deferred Taxes Liabilities | 16.3M | 17.7M | 20.3M | 19.9M | 13.4M | -- |
| Other Equity Interest | 2.3M | 3.5M | 3.6M | 3.6M | 3.6M | -- |
| Other Inventories | -- | -- | 8.0M | -- | -- | -- |
| Other Properties | 284.5M | 284.3M | 212.5M | 293.2M | 259.3M | -- |
| Raw Materials | -- | -- | 107.6M | -- | -- | -- |
| Taxes Receivable | 5.0M | 5.5M | 7.0M | 6.5M | 3.5M | -- |
| Total Tax Payable | 7.5M | 6.1M | 4.3M | 7.9M | 7.0M | -- |
| Line Item | Q4 2025Oct 31, 2025 | Q3 2025Jul 31, 2025 | Q2 2025Apr 30, 2025 | Q1 2025Jan 31, 2025 | Q4 2024Oct 31, 2024 | Q3 2024Jul 31, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 29.2M | 14.9M | 4.4M | 29.0M | 43.2M | -- |
| Cash Flow From Continuing Operating Activities | 29.2M | 14.9M | 4.4M | 29.0M | 43.2M | -- |
| Depreciation And Amortization | 17.4M | 17.5M | 18.0M | 16.9M | 14.5M | -- |
| Depreciation Amortization Depletion | 17.4M | 17.5M | 18.0M | 16.9M | 14.5M | -- |
| Stock Based Compensation | 0.00 | 11,000 | 19,000 | 20,000 | 19,000 | -- |
| Change In Working Capital | -2.7M | -13.1M | -10.7M | 25.9M | 7.8M | -- |
| Other Non Cash Items | 648,000 | 632,000 | 717,000 | 922,000 | 491,000 | -- |
| Capital Expenditure | -11.8M | -14.4M | -18.6M | -12.6M | -20.1M | -- |
| Purchase Of PPE | -11.8M | -14.4M | -18.6M | -12.6M | -20.1M | -- |
| Net PPE Purchase And Sale | -11.7M | -14.2M | -17.3M | -12.3M | -19.7M | -- |
| Purchase Of Business | 0.00 | 0.00 | -379,000 | -84.1M | -9.1M | -- |
| Net Investment Purchase And Sale | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- |
| Investing Cash Flow | -11.7M | -14.2M | -17.7M | -96.4M | -28.8M | -- |
| Cash Flow From Continuing Investing Activities | -11.7M | -14.2M | -17.7M | -96.4M | -28.8M | -- |
| Issuance Of Debt | -- | -- | -1.3M | 29.0M | -- | -- |
| Repayment Of Debt | -304,000 | -408,000 | -616,000 | -334,000 | -399,000 | -- |
| Net Issuance Payments Of Debt | 8,000 | -408,000 | -1.9M | 28.6M | -399,000 | -- |
| Repurchase Of Capital Stock | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Common Stock Issuance | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Stock Payments | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 698,000 | -159,000 | -1.9M | 28.6M | -384,000 | -- |
| Cash Flow From Continuing Financing Activities | 698,000 | -159,000 | -1.9M | 28.6M | -384,000 | -- |
| Effect Of Exchange Rate Changes | -551,000 | 504,000 | -1.8M | 1.3M | 575,000 | -- |
| Changes In Cash | 18.2M | 587,000 | -15.2M | -38.8M | 14.0M | -- |
| Beginning Cash Position | 47.1M | 46.0M | 63.0M | 100.4M | 85.8M | -- |
| End Cash Position | 64.7M | 47.1M | 46.0M | 63.0M | 100.4M | -- |
| Free Cash Flow | 17.4M | 553,000 | -14.2M | 16.4M | 23.1M | -- |
| Amortization Cash Flow | 1.5M | 1.5M | -- | -- | 272,000 | 271,000 |
| Amortization Of Intangibles | 1.5M | 1.5M | -- | -- | 272,000 | 271,000 |
| Depreciation | 15.9M | 15.9M | -- | -- | 14.2M | 13.9M |
| Earnings Losses From Equity Investments | -- | -- | -- | 333,000 | -27,000 | -- |
| Gain Loss On Sale Of PPE | 705,000 | -120,000 | 214,000 | -217,000 | -279,000 | -- |
| Interest Paid Cfo | -648,000 | -632,000 | -- | -922,000 | -491,000 | -- |
| Interest Received Cfo | -- | -- | -717,000 | -922,000 | 491,000 | 664,000 |
| Long Term Debt Issuance | -- | -- | -1.3M | 29.0M | -- | -- |
| Long Term Debt Payments | -304,000 | -408,000 | -616,000 | -334,000 | -399,000 | -- |
| Net Business Purchase And Sale | 0.00 | 0.00 | -379,000 | -84.1M | -9.1M | -- |
| Net Income From Continuing Operations | 19.6M | 14.0M | 1.8M | -9.9M | 24.7M | -- |
| Net Long Term Debt Issuance | 8,000 | -408,000 | -1.9M | 28.6M | -399,000 | -- |
| Net Short Term Debt Issuance | -- | -- | -- | -- | 0.00 | -- |
| Operating Gains Losses | 705,000 | -120,000 | -92,000 | 116,000 | -279,000 | -- |
| Proceeds From Stock Option Exercised | 690,000 | 249,000 | 2,000 | 9,000 | 15,000 | -- |
| Sale Of PPE | 97,000 | 193,000 | 1.3M | 316,000 | 398,000 | -- |
| Short Term Debt Payments | -- | -- | -- | -- | 0.00 | -- |
| Taxes Refund Paid | -5.8M | -3.3M | -4.6M | -4.0M | -3.6M | -- |