Major Drilling Group International Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 727.6M | 706.7M | 735.7M | 650.4M | -- |
| Operating Revenue | 727.6M | 706.7M | 735.7M | 650.4M | -- |
| Cost Of Revenue | 597.0M | 554.0M | 558.8M | 510.6M | -- |
| Gross Profit | 130.5M | 152.7M | 176.9M | 139.8M | -- |
| Selling General And Administration | 75.0M | 65.0M | 61.1M | 53.6M | -- |
| General And Administrative Expense | 75.0M | 65.0M | 61.1M | 53.6M | -- |
| Depreciation And Amortization In Income Statement | 7.5M | 3.9M | 3.8M | 3.4M | -- |
| Other Operating Expenses | 9.0M | 10.3M | 13.4M | 11.8M | -- |
| Operating Expense | 91.5M | 79.2M | 78.3M | 68.8M | -- |
| Operating Income | 39.0M | 73.5M | 98.6M | 71.0M | -- |
| EBIT | 39.0M | 73.5M | 98.6M | 70.1M | -- |
| Interest Expense | -- | -- | -- | 1.6M | 1.2M |
| Interest Expense Non Operating | -- | -- | -- | 1.6M | 1.2M |
| Interest Income | -- | 2.2M | 832,000 | -- | -- |
| Interest Income Non Operating | -- | 2.2M | 832,000 | -- | -- |
| Net Interest Income | -484,000 | 2.2M | 832,000 | -1.6M | -- |
| Other Income Expense | -1.2M | -4.7M | -1.8M | -850,000 | -- |
| Special Income Charges | 673,000 | 843,000 | 912,000 | 546,000 | -- |
| Restructuring And Mergern Acquisition | -- | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | -1.9M | -5.5M | -2.8M | -1.4M | -- |
| Pretax Income | 37.3M | 71.0M | 97.6M | 68.5M | -- |
| Tax Provision | 11.3M | 17.9M | 22.6M | 15.0M | -- |
| Tax Effect Of Unusual Items | -377,457 | -1.2M | -428,524 | -186,485 | -- |
| Net Income From Continuing And Discontinued Operation | 26.0M | 53.1M | 74.9M | 53.5M | -- |
| Net Income From Continuing Operation Net Minority Interest | 26.0M | 53.1M | 74.9M | 53.5M | -- |
| Net Income Including Noncontrolling Interests | 26.0M | 53.1M | 74.9M | 53.5M | -- |
| Net Income Common Stockholders | 26.0M | 53.1M | 74.9M | 53.5M | -- |
| Net Income | 26.0M | 53.1M | 74.9M | 53.5M | -- |
| EBITDA | 102.5M | 125.2M | 146.1M | 114.1M | -- |
| Normalized EBITDA | 103.8M | 129.9M | 147.9M | 114.9M | -- |
| Reconciled Depreciation | 63.5M | 51.7M | 47.5M | 44.0M | -- |
| Basic EPS | 0.32 | 0.64 | 0.90 | 0.65 | -- |
| Diluted EPS | 0.32 | 0.64 | 0.90 | 0.65 | -- |
| Basic Average Shares | 81.8M | 82.3M | 82.9M | 82.3M | -- |
| Diluted Average Shares | 82.0M | 82.5M | 83.2M | 82.7M | -- |
| Total Unusual Items | -1.2M | -4.7M | -1.8M | -850,000 | -- |
| Total Unusual Items Excluding Goodwill | -1.2M | -4.7M | -1.8M | -850,000 | -- |
| Tax Rate For Calcs | 0.30 | 0.25 | 0.23 | 0.22 | -- |
| Normalized Income | 26.8M | 56.6M | 76.3M | 54.1M | -- |
| Amortization | 3.7M | 1.1M | 1.3M | 1.4M | -- |
| Amortization Of Intangibles Income Statement | 3.7M | 1.1M | 1.3M | 1.4M | -- |
| Depreciation Amortization Depletion Income Statement | 7.5M | 3.9M | 3.8M | 3.4M | -- |
| Depreciation Income Statement | 3.8M | 2.9M | 2.6M | 2.0M | -- |
| Diluted NI Availto Com Stockholders | 26.0M | 53.1M | 74.9M | 53.5M | -- |
| Gain On Sale Of Ppe | 673,000 | 843,000 | 912,000 | 546,000 | -- |
| Impairment Of Capital Assets | -- | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | 26.0M | 53.1M | 74.9M | 53.5M | -- |
| Net Non Operating Interest Income Expense | -484,000 | 2.2M | 832,000 | -1.6M | -- |
| Other Gand A | 33.4M | 28.8M | 27.9M | 22.4M | -- |
| Reconciled Cost Of Revenue | 541.0M | 506.2M | 515.2M | 470.1M | -- |
| Salaries And Wages | 41.6M | 36.2M | 33.2M | 31.3M | -- |
| Total Expenses | 688.6M | 633.2M | 637.2M | 579.5M | -- |
| Total Other Finance Cost | 484,000 | -2.2M | -- | -- | -- |
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 46.0M | 96.2M | 94.4M | 71.3M | -- |
| Cash Cash Equivalents And Short Term Investments | 46.0M | 96.2M | 94.4M | 71.3M | -- |
| Cash Financial | -- | -- | 94.4M | 71.3M | 22.4M |
| Accounts Receivable | 144.7M | 122.3M | 137.6M | 142.6M | -- |
| Receivables | 151.7M | 126.1M | 140.0M | 144.7M | -- |
| Inventory | 115.6M | 110.8M | 115.1M | 96.8M | -- |
| Prepaid Assets | 8.5M | 9.5M | 11.0M | 9.0M | -- |
| Current Assets | 321.8M | 342.6M | 360.5M | 321.7M | -- |
| Gross PPE | 286.7M | 241.9M | 220.7M | 587.3M | -- |
| Accumulated Depreciation | -- | -- | -419.8M | -383.7M | -354.9M |
| Net PPE | 286.7M | 241.9M | 220.7M | 203.7M | -- |
| Goodwill | 66.0M | 22.6M | 22.7M | 22.8M | -- |
| Goodwill And Other Intangible Assets | 90.2M | 24.8M | 26.0M | 27.4M | -- |
| Other Intangible Assets | 24.3M | 2.2M | 3.3M | 4.6M | -- |
| Investments And Advances | 17.8M | 0.00 | -- | -- | -- |
| Long Term Equity Investment | 17.8M | 0.00 | -- | -- | -- |
| Total Non Current Assets | 396.9M | 269.6M | 251.2M | 235.4M | -- |
| Total Assets | 718.7M | 612.2M | 611.7M | 557.1M | -- |
| Current Debt | -- | -- | -- | -- | 356,000 |
| Current Debt And Capital Lease Obligation | 2.0M | 1.4M | 1.6M | 1.5M | -- |
| Accounts Payable | 112.7M | 86.2M | 102.1M | 102.6M | -- |
| Payables | 117.0M | 90.6M | 105.8M | 107.6M | -- |
| Payables And Accrued Expenses | 117.0M | 90.6M | 105.8M | 107.6M | -- |
| Other Current Liabilities | 8.9M | 8.9M | 7.1M | 8.6M | -- |
| Current Liabilities | 127.9M | 100.9M | 114.6M | 117.7M | -- |
| Long Term Debt | 27.7M | -- | 20.0M | 50.0M | 15.1M |
| Long Term Debt And Capital Lease Obligation | 35.1M | 3.3M | 23.9M | 53.9M | -- |
| Long Term Capital Lease Obligation | 7.4M | 3.3M | 4.0M | 3.9M | -- |
| Other Non Current Liabilities | 13.3M | -- | 8.0M | 14.3M | 1.9M |
| Total Non Current Liabilities Net Minority Interest | 68.8M | 17.5M | 44.5M | 79.6M | -- |
| Total Liabilities Net Minority Interest | 196.6M | 118.4M | 159.1M | 197.3M | -- |
| Common Stock | 263.1M | 262.7M | 266.1M | 263.2M | -- |
| Capital Stock | 263.1M | 262.7M | 266.1M | 263.2M | -- |
| Retained Earnings | 177.7M | 151.7M | 105.9M | 31.0M | -- |
| Gains Losses Not Affecting Retained Earnings | 77.7M | 75.8M | 76.9M | 61.6M | -- |
| Other Equity Adjustments | -293,000 | -18,000 | -37,000 | 1.5M | -- |
| Common Stock Equity | 522.1M | 493.8M | 452.6M | 359.8M | -- |
| Stockholders Equity | 522.1M | 493.8M | 452.6M | 359.8M | -- |
| Total Equity Gross Minority Interest | 522.1M | 493.8M | 452.6M | 359.8M | -- |
| Total Capitalization | 549.8M | 493.8M | 472.5M | 409.8M | -- |
| Net Tangible Assets | 431.9M | 469.0M | 426.6M | 332.4M | -- |
| Tangible Book Value | 431.9M | 469.0M | 426.6M | 332.4M | -- |
| Working Capital | 194.0M | 241.8M | 246.0M | 203.9M | -- |
| Invested Capital | 549.8M | 493.8M | 472.5M | 409.8M | -- |
| Total Debt | 37.1M | 4.7M | 25.6M | 55.4M | -- |
| Share Issued | 81.8M | 81.8M | 83.0M | 82.7M | -- |
| Ordinary Shares Number | 81.8M | 81.8M | 83.0M | 82.7M | -- |
| Buildings And Improvements | 11.1M | 11.0M | 10.2M | 17.7M | -- |
| Capital Lease Obligations | 9.5M | 4.7M | 5.6M | 5.4M | -- |
| Current Capital Lease Obligation | 2.0M | 1.4M | 1.6M | 1.5M | -- |
| Financial Assets | -- | -- | -- | 0.00 | -- |
| Foreign Currency Translation Adjustments | 78.0M | 75.8M | 76.9M | 60.0M | -- |
| Income Tax Payable | 4.3M | 4.4M | 3.7M | 5.0M | -- |
| Investmentsin Associatesat Cost | 17.8M | 0.00 | -- | -- | -- |
| Land And Improvements | 7.0M | 6.7M | 6.3M | 6.1M | -- |
| Machinery Furniture Equipment | 56.2M | 53.8M | 47.1M | 123.8M | -- |
| Non Current Deferred Assets | 2.2M | 2.9M | 4.4M | 4.4M | -- |
| Non Current Deferred Liabilities | 20.3M | 14.2M | 12.6M | 11.4M | -- |
| Non Current Deferred Taxes Assets | 2.2M | 2.9M | 4.4M | 4.4M | -- |
| Non Current Deferred Taxes Liabilities | 20.3M | 14.2M | 12.6M | 11.4M | -- |
| Other Current Borrowings | -- | -- | -- | -- | 356,000 |
| Other Equity Interest | 3.6M | 3.6M | 3.7M | 4.0M | -- |
| Other Inventories | 8.0M | 8.6M | 8.6M | 6.4M | -- |
| Other Properties | 212.5M | 170.4M | 157.1M | 439.6M | -- |
| Raw Materials | 107.6M | 102.2M | 106.5M | 90.4M | -- |
| Taxes Receivable | 7.0M | 3.8M | 2.3M | 2.0M | -- |
| Total Tax Payable | 4.3M | 4.4M | 3.7M | 5.0M | -- |
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 100.9M | 112.0M | 113.2M | 94.9M | -- |
| Cash Flow From Continuing Operating Activities | 100.9M | 112.0M | 113.2M | 94.9M | -- |
| Depreciation And Amortization | 63.5M | 51.7M | 47.5M | 44.0M | -- |
| Depreciation Amortization Depletion | 63.5M | 51.7M | 47.5M | 44.0M | -- |
| Stock Based Compensation | 100,000 | 277,000 | 508,000 | 369,000 | -- |
| Change In Working Capital | 19.0M | 4.7M | -6.9M | -11.6M | -- |
| Change In Receivables | -4.6M | 15.5M | 11.1M | -25.9M | -- |
| Change In Inventory | 3.0M | 3.8M | -13.3M | -6.5M | -- |
| Change In Payables And Accrued Expense | 18.0M | -15.9M | -3.2M | 21.1M | -- |
| Change In Payable | 18.0M | -15.9M | -3.2M | 21.1M | -- |
| Other Non Cash Items | 484,000 | -2.2M | -832,000 | 1.6M | -- |
| Capital Expenditure | -72.5M | -73.5M | -58.7M | -49.9M | -- |
| Purchase Of PPE | -72.5M | -73.5M | -58.7M | -49.9M | -- |
| Net PPE Purchase And Sale | -69.3M | -71.4M | -55.2M | -47.8M | -- |
| Purchase Of Business | -93.6M | -7.0M | -8.8M | -38.0M | -- |
| Net Investment Purchase And Sale | -15.2M | 0.00 | -- | -- | -- |
| Investing Cash Flow | -178.0M | -78.4M | -64.0M | -85.8M | -- |
| Cash Flow From Continuing Investing Activities | -178.0M | -78.4M | -64.0M | -85.8M | -- |
| Issuance Of Debt | 27.7M | 0.00 | 0.00 | 35.0M | -- |
| Repayment Of Debt | -2.1M | -21.5M | -31.7M | -1.7M | -- |
| Net Issuance Payments Of Debt | 25.6M | -21.5M | -31.7M | 33.3M | -- |
| Repurchase Of Capital Stock | 0.00 | -11.2M | 0.00 | -- | -- |
| Net Common Stock Issuance | 0.00 | -11.2M | 0.00 | -- | -- |
| Common Stock Payments | 0.00 | -11.2M | 0.00 | -- | -- |
| Financing Cash Flow | 25.9M | -32.5M | -29.6M | 38.3M | -- |
| Cash Flow From Continuing Financing Activities | 25.9M | -32.5M | -29.6M | 38.3M | -- |
| Effect Of Exchange Rate Changes | 959,000 | 657,000 | 3.6M | 1.6M | -- |
| Changes In Cash | -51.2M | 1.1M | 19.6M | 47.3M | -- |
| Beginning Cash Position | 96.2M | 94.4M | 71.3M | 22.4M | -- |
| End Cash Position | 46.0M | 96.2M | 94.4M | 71.3M | -- |
| Free Cash Flow | 28.4M | 38.5M | 54.5M | 44.9M | -- |
| Amortization Cash Flow | 3.7M | -- | -- | -- | -- |
| Amortization Of Intangibles | 3.7M | -- | -- | -- | -- |
| Change In Prepaid Assets | 2.6M | 1.3M | -1.6M | -339,000 | -- |
| Depreciation | 59.8M | -- | -- | -- | -- |
| Gain Loss On Sale Of PPE | -673,000 | -843,000 | -912,000 | -546,000 | -- |
| Interest Paid Cfo | -- | -- | -- | -1.6M | -1.2M |
| Interest Received Cfo | -484,000 | 2.2M | 832,000 | -1.6M | -- |
| Long Term Debt Issuance | 27.7M | 0.00 | 0.00 | 35.0M | -- |
| Long Term Debt Payments | -2.1M | -21.5M | -31.7M | -1.7M | -- |
| Net Business Purchase And Sale | -93.6M | -7.0M | -8.8M | -38.0M | -- |
| Net Income From Continuing Operations | 37.3M | 71.0M | 97.6M | 68.5M | -- |
| Net Long Term Debt Issuance | 25.6M | -21.5M | -31.7M | 33.3M | -- |
| Net Short Term Debt Issuance | -- | -- | -30.0M | -355,000 | -36.0M |
| Operating Gains Losses | -673,000 | -843,000 | -912,000 | -546,000 | -- |
| Proceeds From Stock Option Exercised | 314,000 | 225,000 | 2.1M | 5.0M | -- |
| Sale Of PPE | 3.2M | 2.1M | 3.5M | 2.1M | -- |
| Short Term Debt Payments | -- | -- | -30.0M | -355,000 | -36.0M |
| Taxes Refund Paid | -18.3M | -14.8M | -24.5M | -5.8M | -- |