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MCAN Mortgage Corporation

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
Total Revenue 37.8M 37.6M 34.3M 18.1M 40.0M
Operating Revenue 37.8M 37.6M 34.3M 18.1M 40.0M
Selling General And Administration 8.2M 7.7M 7.8M 4.0M 5.2M
General And Administrative Expense 8.2M 7.7M 7.8M 4.0M 5.2M
Other Operating Expenses 2.1M 2.2M 3.1M -1.1M 1.3M
Operating Expense 17.2M 16.8M 18.0M 11.7M 13.1M
Interest Expense 47.1M 43.9M -- 48.5M 42.2M
Interest Income 70.8M 67.5M 23.8M 66.6M 66.2M
Net Interest Income 23.8M 23.7M 23.8M 18.1M 23.9M
Gain On Sale Of Security 180,000 932,000 1.5M -- 0.00
Pretax Income 20.7M 20.8M 16.3M 6.4M 26.9M
Tax Provision 182,000 563,000 -304,000 -1.3M 0.00
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation 20.5M 20.2M 16.6M 7.7M 26.9M
Net Income From Continuing Operation Net Minority Interest 20.5M 20.2M 16.6M 7.7M 26.9M
Net Income Including Noncontrolling Interests 20.5M 20.2M 16.6M 7.7M 26.9M
Net Income Common Stockholders 20.5M 20.2M 16.6M 7.7M 26.9M
Net Income 20.5M 20.2M 16.6M 7.7M 26.9M
Basic EPS 0.52 0.51 0.43 -- 0.70
Diluted EPS 0.52 0.51 0.43 -- 0.70
Basic Average Shares 39.8M 39.3M 38.9M -- 38.2M
Diluted Average Shares 39.8M 39.3M 38.9M -- 38.2M
Tax Rate For Calcs 0.01 0.03 0.15 0.15 0.00
Normalized Income 20.5M 20.2M 16.6M 7.7M 26.9M
Diluted NI Availto Com Stockholders 20.5M 20.2M 16.6M 7.7M 26.9M
Net Income Continuous Operations 20.5M 20.2M 16.6M 7.7M 26.9M
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 141.9M 134.5M 113.6M 61.7M 86.7M
Receivables 5.3B 5.2B 4.9B 4.9B 4.8B
Prepaid Assets -- -- -- 1.6M --
Gross PPE -- -- -- 14.7M --
Accumulated Depreciation -- -- -- -4.9M --
Net PPE -- -- -- 9.8M --
Goodwill And Other Intangible Assets -- -- -- 1.6M --
Other Intangible Assets -- -- -- 1.6M --
Investments And Advances 317.2M 311.4M 313.4M 308.5M 295.1M
Long Term Equity Investment 132.9M 128.9M 122.8M 122.3M 119.7M
Total Assets 5.9B 5.7B 5.4B 5.3B 5.2B
Accounts Payable -- -- -- 30.7M --
Payables 155,000 -- -- 30.7M 370,000
Long Term Debt And Capital Lease Obligation 172,000 258.4M 113.9M 6.2M 69,000
Total Liabilities Net Minority Interest 5.3B 5.1B 4.8B 4.7B 4.6B
Common Stock 484.4M 472.9M 464.1M 456.7M 452.1M
Capital Stock 484.4M 472.9M 464.1M 456.7M 452.1M
Additional Paid In Capital 510,000 510,000 510,000 510,000 510,000
Retained Earnings 152.5M 148.3M 144.3M 143.6M 151.0M
Common Stock Equity 636.4M 620.9M 607.4M 599.2M 601.8M
Stockholders Equity 636.4M 620.9M 607.4M 599.2M 601.8M
Total Equity Gross Minority Interest 636.4M 620.9M 607.4M 599.2M 601.8M
Total Capitalization 636.6M 879.3M 721.3M 599.3M 601.9M
Net Tangible Assets 636.4M 620.9M 607.4M 597.6M 601.8M
Tangible Book Value 636.4M 620.9M 607.4M 597.6M 601.8M
Invested Capital 636.6M 879.3M 721.3M 599.3M 601.9M
Total Debt 172,000 258.4M 113.9M 6.2M 69,000
Net Debt -- 123.8M 379,000 -- --
Share Issued 40.2M 39.6M 39.1M 38.7M 38.5M
Ordinary Shares Number 40.2M 39.6M 39.1M 38.7M 38.5M
Available For Sale Securities 54.5M 58.1M 62.1M 66.3M 59.1M
Cash Cash Equivalents And Federal Funds Sold 204.8M 196.7M 176.3M 109.0M 111.6M
Financial Assets Designatedas Fair Value Through Profitor Loss Total 125.4M 121.6M 122.5M 117.4M 113.8M
Investment Properties -- -- -- 321,000 --
Investmentin Financial Assets 184.3M 182.5M 190.6M 186.3M 175.4M
Total Tax Payable 155,000 -- -- -- 370,000
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 265.2M -120.7M -38.4M -34.2M 42.4M
Change In Working Capital 248.9M -137.7M -55.9M -50.4M 24.0M
Change In Payable 155,000 0.00 -- -370,000 363,000
Change In Other Current Assets -163.4M -272.3M -44.1M -171.5M -83.8M
Change In Other Current Liabilities 412.1M 134.5M -11.8M 121.5M 107.4M
Other Non Cash Items 5.7M 6.0M 6.1M 3.3M 3.8M
Capital Expenditure -973,000 -700,000 -3.1M -- -3.0M
Purchase Of PPE -973,000 -700,000 -3.1M 577,000 -3.0M
Net PPE Purchase And Sale -973,000 -700,000 -3.1M 577,000 -3.0M
Investing Cash Flow 5.4M 2.9M 1.9M 5.2M 2.4M
Issuance Of Debt -- 144.4M 113.8M -- --
Repayment Of Debt -- -- -82,000 -- --
Net Issuance Payments Of Debt -258.3M 144.4M 113.7M 6.6M -8.6M
Issuance Of Capital Stock 9.1M 5.6M 1.1M 3.9M 3.0M
Net Common Stock Issuance 9.1M 5.6M 1.1M 3.9M 3.0M
Common Stock Dividend Paid -14.0M -13.7M -26.5M 0.00 -12.7M
Financing Cash Flow -263.2M 138.8M 88.3M 3.9M -18.3M
Changes In Cash 7.4M 21.0M 51.9M -25.0M 26.5M
Beginning Cash Position 134.5M 113.6M 61.7M 86.7M 60.2M
End Cash Position 141.9M 134.5M 113.6M 61.7M 86.7M
Free Cash Flow 264.2M -121.4M -41.5M -33.6M 39.4M
Cash Dividends Paid -14.0M -13.7M -26.5M 0.00 -12.7M
Common Stock Issuance 9.1M 5.6M 1.1M 3.9M 3.0M
Dividends Received Cfi 6.3M 3.6M 5.0M 4.7M 5.4M
Gain Loss On Investment Securities -9.9M -9.2M -5.2M 5.1M -12.3M
Long Term Debt Issuance -- 144.4M 113.8M -- --
Long Term Debt Payments -- -- -82,000 -- --
Net Income From Continuing Operations 20.5M 20.2M 16.6M 7.7M 26.9M
Net Long Term Debt Issuance -258.3M 144.4M 113.7M 6.6M -8.6M
Net Other Financing Charges 0.00 2.4M 0.00 -6.6M 0.00
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