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NEXE Innovations Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Total Revenue 198,644 120,484 173,721 70,754 3,147
Operating Revenue 198,644 120,484 173,721 70,754 3,147
Cost Of Revenue 247,928 104,031 262,396 226,050 11,425
Gross Profit -49,284 16,453 -88,675 -155,296 -8,278
Selling General And Administration 688,857 954,465 1.4M 930,583 893,278
General And Administrative Expense 680,960 932,227 1.1M 914,545 860,415
Research And Development 15,732 103,460 101,252 105,871 116,712
Depreciation And Amortization In Income Statement 362,340 449,127 307,066 486,781 519,700
Operating Expense 1.1M 1.5M 1.8M 1.5M 1.5M
Operating Income -1.1M -1.5M -1.9M -1.7M -1.5M
EBIT -1.0M -1.4M -1.7M -1.6M 2.3M
Interest Expense 6,786 13,005 23,993 29,194 34,114
Interest Expense Non Operating 6,786 13,005 23,993 29,194 34,114
Interest Income 82,699 101,564 138,485 118,083 157,000
Interest Income Non Operating 82,699 101,564 138,485 118,083 157,000
Net Interest Income 75,913 88,559 114,492 88,889 122,886
Other Income Expense 280.00 -25,767 17,534 -56,013 3.7M
Special Income Charges 0.00 0.00 0.00 -26,621 3.7M
Write Off 0.00 0.00 0.00 26,621 2,258
Gain On Sale Of Security 280.00 -25,767 17,534 -29,392 9,519
Pretax Income -1.0M -1.4M -1.8M -1.6M 2.3M
Tax Provision 0.00 0.00 0.00 0.00 0.00
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -1.0M -1.4M -1.8M -1.6M 2.3M
Net Income From Continuing Operation Net Minority Interest -1.0M -1.4M -1.8M -1.6M 2.3M
Net Income Including Noncontrolling Interests -1.0M -1.4M -1.8M -1.6M 2.3M
Net Income Common Stockholders -1.0M -1.4M -1.8M -1.6M 2.3M
Net Income -1.0M -1.4M -1.8M -1.6M 2.3M
EBITDA -589,004 -965,675 -914,690 -1.1M 2.8M
Normalized EBITDA -589,284 -939,908 -932,224 -1.1M -859,138
Reconciled Depreciation 444,230 449,127 816,178 0.00 521,830
Basic EPS -0.01 -0.01 -0.02 -0.02 0.02
Diluted EPS -0.01 -0.01 -0.02 -0.02 0.02
Basic Average Shares 97.3M 97.3M 97.3M 97.3M 97.3M
Diluted Average Shares 97.3M 97.3M 97.3M 97.3M 97.3M
Total Unusual Items 280.00 -25,767 17,534 -56,013 3.7M
Total Unusual Items Excluding Goodwill 280.00 -25,767 17,534 -56,013 3.7M
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -1.0M -1.4M -1.8M -1.6M -1.4M
Depreciation Amortization Depletion Income Statement 362,340 449,127 307,066 486,781 519,700
Depreciation Income Statement 362,340 449,127 307,066 486,781 519,700
Diluted NI Availto Com Stockholders -1.0M -1.4M -1.8M -1.6M 2.3M
Gain On Sale Of Ppe 0.00 0.00 0.00 0.00 3.7M
Net Income Continuous Operations -1.0M -1.4M -1.8M -1.6M 2.3M
Net Non Operating Interest Income Expense 75,913 88,559 114,492 88,889 122,886
Other Gand A 298,257 448,014 672,895 641,754 388,734
Reconciled Cost Of Revenue 166,038 104,031 262,396 712,831 9,295
Salaries And Wages 382,703 484,213 476,454 272,791 471,681
Selling And Marketing Expense 7,897 22,238 240,545 16,038 32,863
Total Expenses 1.3M 1.6M 2.1M 1.7M 1.5M
Total Operating Income As Reported -1.1M -1.5M -1.9M -1.7M -1.6M
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Cash And Cash Equivalents 1.9M 2.8M 10.2M 14.5M 12.6M
Cash Cash Equivalents And Short Term Investments 10.6M 11.5M 13.3M 14.5M 15.6M
Other Short Term Investments 8.7M 8.7M 3.0M 30,000 3.0M
Accounts Receivable 38,810 9,588 151,588 58,063 5,318
Receivables 446,304 314,279 422,267 355,321 427,532
Inventory 614,268 611,580 513,518 615,398 566,904
Prepaid Assets 256,613 251,980 1.5M 1.6M 1.5M
Current Assets 11.9M 12.6M 15.8M 17.0M 18.1M
Gross PPE 25.9M 25.9M 25.8M 25.8M 25.7M
Accumulated Depreciation -7.3M -6.9M -6.0M -5.7M -5.2M
Net PPE 18.6M 19.0M 19.8M 20.1M 20.5M
Goodwill And Other Intangible Assets 78,980 78,980 78,980 78,980 78,980
Total Non Current Assets 20.1M 20.6M 19.9M 20.2M 20.6M
Total Assets 32.0M 33.2M 35.6M 37.2M 38.7M
Current Debt 332,581 409,409 378,252 438,333 415,645
Current Debt And Capital Lease Obligation 332,581 409,409 378,252 438,333 415,645
Accounts Payable 2.0M 2.2M 2.4M 2.2M 2.0M
Payables 2.5M 2.7M 2.4M 2.2M 2.0M
Payables And Accrued Expenses 2.5M 2.7M 2.4M 2.2M 2.0M
Current Deferred Revenue 46,436 19,838 92,393 95,935 100,555
Current Liabilities 2.8M 3.1M 2.9M 2.8M 2.5M
Long Term Debt -- -- -- 40,927 159,421
Long Term Debt And Capital Lease Obligation -- -- -- 40,927 159,421
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 40,927 159,421
Total Liabilities Net Minority Interest 2.8M 3.1M 2.9M 2.8M 2.7M
Common Stock 66.2M 66.2M 66.2M 66.2M 66.2M
Capital Stock 66.2M 66.2M 66.2M 66.2M 66.2M
Additional Paid In Capital 8.7M 8.7M 8.7M 8.7M 8.7M
Retained Earnings -49.4M -48.3M -45.2M -43.4M -41.8M
Gains Losses Not Affecting Retained Earnings -- -- 3.1M -- --
Other Equity Adjustments -- -- 3.1M -- --
Common Stock Equity 29.2M 30.1M 32.8M 34.4M 36.0M
Stockholders Equity 29.2M 30.1M 32.8M 34.4M 36.0M
Total Equity Gross Minority Interest 29.2M 30.1M 32.8M 34.4M 36.0M
Total Capitalization 29.2M 30.1M 32.8M 34.4M 36.2M
Net Tangible Assets 29.1M 30.0M 32.7M 34.3M 35.9M
Tangible Book Value 29.1M 30.0M 32.7M 34.3M 35.9M
Working Capital 9.1M 9.5M 12.9M 14.3M 15.6M
Invested Capital 29.5M 30.5M 33.2M 34.9M 36.6M
Total Debt 332,581 409,409 378,252 479,260 575,066
Share Issued 97.3M 97.3M 97.3M 97.3M 97.3M
Ordinary Shares Number 97.3M 97.3M 97.3M 97.3M 97.3M
Accrued Interest Receivable 93,123 27,763 13,130 0.00 186,509
Assets Held For Sale Current -- -- 0.00 0.00 0.00
Buildings And Improvements 4.2M 4.2M 4.2M 4.2M 4.2M
Current Deferred Liabilities 46,436 19,838 92,393 95,935 100,555
Dueto Related Parties Current -- -- -- -- --
Finished Goods 69,367 0.00 32,794 32,794 702.00
Income Tax Payable 449,873 449,873 -- -- --
Land And Improvements 1.2M 1.2M 1.2M 1.2M 1.2M
Machinery Furniture Equipment 21.8M 21.8M 21.7M 21.7M 21.7M
Non Current Prepaid Assets 1.5M 1.5M -- -- --
Other Current Borrowings 332,581 409,409 378,252 438,333 415,645
Other Equity Interest 3.7M 3.5M -- 2.9M 2.9M
Other Properties -1.4M -1.4M -1.4M -1.4M -1.4M
Properties 0.00 0.00 0.00 0.00 0.00
Raw Materials 544,901 611,580 480,724 582,604 566,202
Taxes Receivable 314,371 276,928 257,549 297,258 235,705
Total Tax Payable 449,873 449,873 -- -- --
Line Item Q4 2025Nov 30, 2025 Q3 2025Aug 31, 2025 Q1 2025Feb 28, 2025 Q4 2024Nov 30, 2024 Q3 2024Aug 31, 2024
Operating Cash Flow -755,923 -760,265 -1.8M 0.00 -1.0M
Cash Flow From Continuing Operating Activities -755,923 -760,265 -1.8M 0.00 -1.0M
Depreciation And Amortization 444,230 449,127 816,178 0.00 521,830
Depreciation Amortization Depletion 444,230 449,127 816,178 0.00 521,830
Stock Based Compensation 168,711 218,981 150,182 0.00 135,524
Change In Working Capital -335,631 -13,571 378,343 0.00 -183,151
Change In Receivables -132,025 49,612 5,265 0.00 -104,647
Change In Inventory -2,689 47,204 26,765 0.00 19,664
Change In Payables And Accrued Expense -222,883 32,074 354,475 0.00 -116,168
Change In Payable -222,883 32,074 354,475 0.00 -116,168
Change In Other Working Capital 26,598 10,000 -8,162 0.00 18,000
Other Non Cash Items 6,786 13,005 53,188 0.00 34,114
Capital Expenditure -13,922 -97,656 -110,726 -102,824 -69,051
Purchase Of PPE -13,922 -97,656 -110,726 0.00 -69,051
Net PPE Purchase And Sale -13,922 -97,656 -45,036 0.00 -69,051
Purchase Of Business -1.00 -5.7M -- 0.00 0.00
Sale Of Investment 0.00 30,000 10,000 0.00 0.00
Net Investment Purchase And Sale 0.00 30,000 10,000 0.00 0.00
Investing Cash Flow -13,923 -5.7M -242,788 0.00 5.7M
Cash Flow From Continuing Investing Activities -13,923 -5.7M -242,788 0.00 5.7M
Repayment Of Debt -83,334 0.00 -250,002 0.00 -125,001
Net Issuance Payments Of Debt -83,334 0.00 -250,002 0.00 -125,001
Financing Cash Flow -83,334 0.00 -250,002 0.00 -125,001
Cash Flow From Continuing Financing Activities -83,334 0.00 -250,002 0.00 -125,001
Changes In Cash -853,180 -6.5M -2.3M 0.00 4.5M
Beginning Cash Position 2.8M 9.3M 12.6M 12.6M 8.0M
End Cash Position 1.9M 2.8M 10.2M 12.6M 12.6M
Free Cash Flow -769,845 -857,921 -1.9M 0.00 -1.1M
Asset Impairment Charge 0.00 0.00 26,621 0.00 2,258
Change In Prepaid Assets -4,632 -152,461 -- 0.00 0.00
Depreciation 444,230 449,127 816,178 0.00 521,830
Long Term Debt Payments -83,334 0.00 -250,002 0.00 -125,001
Net Business Purchase And Sale -1.00 -5.7M -- 0.00 0.00
Net Income From Continuing Operations -1.0M -1.4M -3.4M 0.00 2.3M
Net Long Term Debt Issuance -83,334 0.00 -250,002 0.00 -125,001
Net Other Investing Changes -- -- -207,752 0.00 5.8M
Operating Gains Losses -- -- 147,794 0.00 -3.8M
Sale Of PPE -- -- 20,707 -- --
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