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Medicure 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
Total Revenue 8.2M 6.7M 5.5M 5.9M 5.2M
Operating Revenue 8.2M 6.7M 5.5M 5.9M 5.2M
Cost Of Revenue 5.4M 3.2M 2.6M 2.5M 2.4M
Gross Profit 2.8M 3.4M 2.8M 3.4M 2.8M
Selling General And Administration 3.4M 3.4M 2.9M 3.2M 3.2M
General And Administrative Expense 1.2M 1.3M 1.1M 1.0M 1.2M
Research And Development 717,000 741,000 570,000 742,000 795,000
Operating Expense 4.1M 4.1M 3.5M 3.9M 4.0M
Operating Income -1.3M -699,000 -655,000 -500,000 -1.2M
EBIT -1.3M -699,000 -655,000 1.5M -1.2M
Interest Expense 2,000 -- -- -- --
Interest Expense Non Operating 2,000 -- -- -- --
Interest Income -- -- -- 101,000 18,000
Interest Income Non Operating -- -- -- 101,000 18,000
Net Interest Income -2,000 20,000 34,000 60,000 18,000
Other Income Expense -21,000 -49,000 -35,000 7,000 1.8M
Special Income Charges 0.00 -- -- -1.9M 1.9M
Gain On Sale Of Security -21,000 -49,000 -35,000 7,000 -46,000
Pretax Income -1.3M -728,000 -656,000 -433,000 675,000
Tax Provision 63,000 58,000 38,000 120,000 -5,000
Tax Effect Of Unusual Items -3,150 -7,350 -5,250 -277,950 272,100
Net Income From Continuing And Discontinued Operation -1.4M -786,000 -694,000 -553,000 680,000
Net Income From Continuing Operation Net Minority Interest -1.4M -786,000 -694,000 -553,000 680,000
Net Income Including Noncontrolling Interests -1.4M -786,000 -694,000 -553,000 680,000
Net Income Common Stockholders -1.4M -786,000 -694,000 -553,000 680,000
Net Income -1.4M -786,000 -694,000 -553,000 680,000
EBITDA -653,000 -57,000 -8,000 2.1M -582,000
Normalized EBITDA -632,000 -8,000 27,000 4.0M -2.4M
Reconciled Depreciation 678,000 642,000 647,000 633,000 575,000
Basic EPS -0.13 -0.08 -0.07 -- 0.07
Diluted EPS -0.13 -0.08 -0.07 -- 0.07
Basic Average Shares 10.7M 10.4M 10.4M -- 9.7M
Diluted Average Shares 10.7M 10.4M 10.4M -- 9.7M
Total Unusual Items -21,000 -49,000 -35,000 -1.9M 1.8M
Total Unusual Items Excluding Goodwill -21,000 -49,000 -35,000 -1.9M 1.8M
Tax Rate For Calcs 0.15 0.15 0.15 0.15 0.15
Normalized Income -1.4M -744,350 -664,250 1.0M -861,900
Diluted NI Availto Com Stockholders -1.4M -786,000 -694,000 -553,000 680,000
Net Income Continuous Operations -1.4M -786,000 -694,000 -553,000 680,000
Net Non Operating Interest Income Expense -2,000 20,000 34,000 60,000 18,000
Other Gand A 1.2M 1.3M 1.1M 1.0M 1.2M
Other Special Charges -- -- -- -- -1.9M
Reconciled Cost Of Revenue 5.4M 3.2M 2.6M 2.5M 2.4M
Selling And Marketing Expense 2.2M 2.1M 1.8M 2.2M 2.0M
Total Expenses 9.5M 7.4M 6.1M 6.4M 6.3M
Total Other Finance Cost -- -20,000 -34,000 -- --
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 4.1M 4.7M 7.2M 7.2M 4.9M
Cash Cash Equivalents And Short Term Investments 4.1M 4.7M 7.2M 7.2M 4.9M
Accounts Receivable 4.4M 5.0M 4.4M 5.3M 4.4M
Receivables 4.5M 5.1M 4.5M 5.3M 6.6M
Inventory 3.9M 4.0M 3.9M 3.3M 3.1M
Prepaid Assets 274,000 259,000 194,000 126,000 1.5M
Current Assets 12.8M 14.1M 15.8M 15.9M 16.1M
Gross PPE -- -- -- 3.8M --
Accumulated Depreciation -- -- -- -2.8M --
Net PPE 1.1M 1.2M 1.0M 955,000 1.0M
Goodwill 4.4M 4.3M 3.9M 3.4M 3.2M
Goodwill And Other Intangible Assets 12.8M 13.0M 12.9M 12.7M 11.2M
Other Intangible Assets 8.3M 8.7M 9.0M 9.4M 8.1M
Other Non Current Assets 94,000 93,000 98,000 98,000 77,000
Total Non Current Assets 13.9M 14.3M 14.0M 13.8M 12.3M
Total Assets 26.7M 28.4M 29.8M 29.7M 28.5M
Current Debt And Capital Lease Obligation 480,000 481,000 430,000 368,000 374,000
Accounts Payable 7.9M 8.5M 8.3M 7.9M 7.6M
Payables 8.4M 9.0M 8.8M 8.0M 7.6M
Payables And Accrued Expenses 8.4M 9.0M 8.8M 8.0M 7.6M
Current Liabilities 8.9M 9.5M 9.2M 8.4M 8.0M
Long Term Debt And Capital Lease Obligation 520,000 611,000 446,000 506,000 556,000
Long Term Capital Lease Obligation 520,000 611,000 446,000 506,000 556,000
Other Non Current Liabilities -- -- 1,000 -- --
Total Non Current Liabilities Net Minority Interest 520,000 611,000 447,000 506,000 556,000
Total Liabilities Net Minority Interest 9.4M 10.1M 9.7M 8.9M 8.5M
Common Stock 81.0M 81.0M 81.0M 81.0M 81.0M
Capital Stock 81.0M 81.0M 81.0M 81.0M 81.0M
Additional Paid In Capital 11.0M 11.0M 11.0M 10.9M 10.9M
Retained Earnings -69.8M -68.4M -67.6M -66.9M -66.3M
Gains Losses Not Affecting Retained Earnings -5.0M -5.3M -4.3M -4.3M -5.6M
Other Equity Adjustments -5.0M -5.3M -4.3M -4.3M -5.6M
Common Stock Equity 17.3M 18.3M 20.1M 20.8M 20.0M
Stockholders Equity 17.3M 18.3M 20.1M 20.8M 20.0M
Total Equity Gross Minority Interest 17.3M 18.3M 20.1M 20.8M 20.0M
Total Capitalization 17.3M 18.3M 20.1M 20.8M 20.0M
Net Tangible Assets 4.6M 5.3M 7.2M 8.0M 8.8M
Tangible Book Value 4.6M 5.3M 7.2M 8.0M 8.8M
Working Capital 3.9M 4.6M 6.5M 7.5M 8.2M
Invested Capital 17.3M 18.3M 20.1M 20.8M 20.0M
Total Debt 1.0M 1.1M 876,000 874,000 930,000
Share Issued 10.4M 10.4M 10.4M 10.4M 10.4M
Ordinary Shares Number 10.4M 10.4M 10.4M 10.4M 10.4M
Capital Lease Obligations 1.0M 1.1M 876,000 874,000 930,000
Current Capital Lease Obligation 480,000 481,000 430,000 368,000 374,000
Finished Goods 3.6M 3.6M 3.3M 2.8M 2.9M
Income Tax Payable 41,000 15,000 78,000 95,000 16,000
Leases -- -- -- 183,000 --
Machinery Furniture Equipment -- -- -- 987,000 --
Other Payable 470,000 450,000 382,000 -- --
Other Properties -- -- -- 2.6M --
Other Receivables 70,000 52,000 58,000 35,000 2.2M
Properties -- -- -- 0.00 --
Total Tax Payable 41,000 15,000 78,000 95,000 16,000
Work In Process 314,000 370,000 562,000 433,000 252,000
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 -519,000 -729,000 656,000 2.3M -770,000
Cash Flow From Continuing Operating Activities -519,000 -729,000 656,000 2.3M -770,000
Depreciation And Amortization 678,000 642,000 647,000 633,000 575,000
Depreciation Amortization Depletion 678,000 642,000 647,000 633,000 575,000
Stock Based Compensation 35,000 30,000 36,000 52,000 44,000
Deferred Tax 63,000 58,000 38,000 120,000 -5,000
Deferred Income Tax 63,000 58,000 38,000 120,000 -5,000
Change In Working Capital 151,000 -632,000 620,000 -23,000 40,000
Changes In Account Receivables 606,000 -624,000 837,000 -17,000 -169,000
Change In Receivables 606,000 -624,000 837,000 -17,000 -169,000
Change In Inventory 189,000 -128,000 -585,000 -235,000 898,000
Change In Payables And Accrued Expense -644,000 201,000 415,000 -336,000 -808,000
Other Non Cash Items 2,000 -20,000 -34,000 1.8M -1.9M
Capital Expenditure -- -- -- -448,000 -100,000
Purchase Of Business 0.00 -1.6M -542,000 -- 0.00
Investing Cash Flow 0.00 -1.6M -542,000 -448,000 -100,000
Cash Flow From Continuing Investing Activities 0.00 -1.6M -542,000 -448,000 -100,000
Repayment Of Debt -102,000 -113,000 -89,000 -120,000 -84,000
Net Issuance Payments Of Debt -102,000 -113,000 -89,000 -120,000 -84,000
Financing Cash Flow -102,000 -113,000 -89,000 -120,000 -84,000
Cash Flow From Continuing Financing Activities -102,000 -113,000 -89,000 -120,000 -84,000
Changes In Cash -621,000 -2.5M 25,000 1.7M -954,000
Beginning Cash Position 4.7M 7.2M 7.2M 4.9M 5.8M
End Cash Position 4.1M 4.7M 7.2M 7.2M 4.9M
Free Cash Flow -519,000 -729,000 656,000 1.9M -870,000
Amortization Cash Flow 540,000 521,000 533,000 518,000 461,000
Amortization Of Intangibles 540,000 521,000 533,000 518,000 461,000
Change In Prepaid Assets 0.00 -81,000 -47,000 583,000 119,000
Depreciation 138,000 121,000 114,000 115,000 114,000
Interest Received Cfo 20,000 32,000 57,000 54,000 6,000
Long Term Debt Payments -102,000 -113,000 -89,000 -120,000 -84,000
Net Business Purchase And Sale 0.00 -1.6M -542,000 -- 0.00
Net Foreign Currency Exchange Gain Loss 21,000 49,000 35,000 -7,000 46,000
Net Income From Continuing Operations -1.4M -786,000 -694,000 -553,000 680,000
Net Intangibles Purchase And Sale 0.00 0.00 0.00 -448,000 -100,000
Net Long Term Debt Issuance -102,000 -113,000 -89,000 -120,000 -84,000
Operating Gains Losses 21,000 49,000 35,000 -7,000 46,000
Purchase Of Intangibles 0.00 0.00 0.00 -448,000 -100,000
Taxes Refund Paid -93,000 -102,000 -49,000 -48,000 -75,000
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