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Olympia Financial Group Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 102.3M 98.6M 71.4M 48.4M
Operating Revenue 102.2M 98.3M 70.4M 48.2M
Cost Of Revenue 51.5M 49.5M 36.6M 25.3M
Gross Profit 50.8M 49.1M 34.8M 23.0M
Selling General And Administration 17.2M 15.9M 13.7M 11.5M
General And Administrative Expense 17.2M 15.9M 13.7M 11.5M
Depreciation And Amortization In Income Statement 2.7M 2.5M 2.6M 2.2M
Operating Expense 20.0M 18.4M 16.2M 13.7M
Operating Income 30.8M 30.7M 18.6M 9.3M
EBIT 30.8M 30.7M 18.6M 9.3M
Interest Income 613,668 1.6M 777,841 642,566
Interest Income Non Operating 613,668 1.6M 777,841 642,566
Net Interest Income 613,668 1.6M 777,841 642,566
Other Income Expense -438,128 -718,490 -763,962 -1.4M
Special Income Charges -461,160 -764,473 -697,057 -277,734
Write Off 462,901 764,619 835,079 414,896
Gain On Sale Of Security 23,032 45,983 -66,905 -1.2M
Pretax Income 31.0M 31.6M 18.6M 8.5M
Tax Provision 7.1M 7.6M 4.4M 2.0M
Tax Effect Of Unusual Items -100,079 -173,651 -182,496 -338,954
Net Income From Continuing And Discontinued Operation 23.9M 24.0M 14.2M 6.5M
Net Income From Continuing Operation Net Minority Interest 23.9M 24.0M 14.2M 6.5M
Net Income Including Noncontrolling Interests 23.9M 24.0M 14.2M 6.5M
Minority Interests -- -- -- 0.00
Net Income Common Stockholders 23.9M 24.0M 14.2M 6.5M
Net Income 23.9M 24.0M 14.2M 6.5M
EBITDA 33.6M 33.2M 21.1M 11.5M
Normalized EBITDA 34.0M 33.9M 21.9M 13.0M
Reconciled Depreciation 2.7M 2.5M 2.6M 2.2M
Basic EPS 9.94 9.96 5.88 2.71
Diluted EPS 9.94 9.96 5.88 2.71
Basic Average Shares 2.4M 2.4M 2.4M 2.4M
Diluted Average Shares 2.4M 2.4M 2.4M 2.4M
Total Unusual Items -438,128 -718,490 -763,962 -1.4M
Total Unusual Items Excluding Goodwill -438,128 -718,490 -763,962 -1.4M
Tax Rate For Calcs 0.23 0.24 0.24 0.23
Normalized Income 24.3M 24.5M 14.7M 7.6M
Depreciation Amortization Depletion Income Statement 2.7M 2.5M 2.6M 2.2M
Diluted NI Availto Com Stockholders 23.9M 24.0M 14.2M 6.5M
Gain On Sale Of Ppe 1,741 146.00 138,022 137,162
Net Income Continuous Operations 23.9M 24.0M 14.2M 6.5M
Net Non Operating Interest Income Expense 613,668 1.6M 777,841 642,566
Other Gand A 12.7M 11.9M 10.3M 8.4M
Provision For Doubtful Accounts -- -- -- 414,896
Reconciled Cost Of Revenue 51.5M 49.5M 36.6M 25.3M
Rent And Landing Fees 1.5M 1.3M 1.1M 1.1M
Rent Expense Supplemental 1.5M 1.3M 1.1M 1.1M
Salaries And Wages 3.0M 2.7M 2.3M 2.0M
Total Expenses 71.5M 67.9M 52.8M 39.0M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 12.9M 10.9M 8.4M 15.1M
Cash Cash Equivalents And Short Term Investments 12.9M 10.9M 8.4M 15.3M
Cash Financial -- -- 8.4M 15.1M
Other Short Term Investments -- -- 0.00 236,886
Accounts Receivable 21.4M 25.5M 3.2M 2.9M
Receivables 21.6M 25.6M 16.7M 7.1M
Inventory -- -- 0.00 42,338
Prepaid Assets 4.5M 2.3M 2.4M 1.7M
Current Assets 39.9M 40.0M 28.5M 24.8M
Gross PPE 2.7M 2.7M 2.5M 6.2M
Accumulated Depreciation -1.8M -1.5M -1.0M -4.7M
Net PPE 871,539 1.2M 1.5M 1.5M
Goodwill And Other Intangible Assets 3.2M 5.2M 6.8M 8.6M
Other Intangible Assets 3.2M 5.2M 6.8M 8.6M
Investments And Advances 99,120 89,503 96,472 98,974
Total Non Current Assets 9.5M 7.3M 9.0M 11.8M
Total Assets 49.4M 47.3M 37.5M 36.6M
Current Debt 1.8M 2.6M 5.0M 12.4M
Current Debt And Capital Lease Obligation 2.3M 3.1M 5.3M 12.6M
Accounts Payable 915,708 385,681 457,216 109,184
Payables 3.0M 5.9M 3.7M 1.6M
Payables And Accrued Expenses 3.5M 7.0M 4.2M 2.9M
Current Accrued Expenses 475,268 1.1M 442,384 1.3M
Current Deferred Revenue 1.0M 939,479 834,829 716,220
Other Current Liabilities 677,525 451,205 792,043 282,619
Current Liabilities 7.4M 11.5M 11.2M 16.6M
Long Term Debt And Capital Lease Obligation 24,242 495,434 1.0M 1.2M
Long Term Capital Lease Obligation 24,242 495,434 1.0M 1.2M
Total Non Current Liabilities Net Minority Interest 24,242 495,434 1.0M 1.2M
Total Liabilities Net Minority Interest 7.5M 12.0M 12.2M 17.8M
Common Stock 7.9M 7.9M 7.9M 7.9M
Capital Stock 7.9M 7.9M 7.9M 7.9M
Additional Paid In Capital 86,373 86,373 86,373 86,373
Retained Earnings 33.9M 27.3M 17.3M 10.8M
Common Stock Equity 41.9M 35.3M 25.3M 18.8M
Stockholders Equity 41.9M 35.3M 25.3M 18.8M
Total Equity Gross Minority Interest 41.9M 35.3M 25.3M 18.8M
Total Capitalization 41.9M 35.3M 25.3M 18.8M
Net Tangible Assets 38.7M 30.1M 18.5M 10.1M
Tangible Book Value 38.7M 30.1M 18.5M 10.1M
Working Capital 32.5M 28.6M 17.3M 8.2M
Invested Capital 43.7M 37.9M 30.3M 31.2M
Total Debt 2.3M 3.6M 6.3M 13.8M
Share Issued 2.4M 2.4M 2.4M 2.4M
Ordinary Shares Number 2.4M 2.4M 2.4M 2.4M
Accrued Interest Receivable -- 23.8M 12.5M 3.9M
Allowance For Doubtful Accounts Receivable -954,077 -1.0M -1.4M -1.3M
Capital Lease Obligations 495,434 1.0M 1.4M 1.4M
Current Capital Lease Obligation 471,192 506,021 389,348 184,474
Current Deferred Liabilities 1.0M 939,479 834,829 716,220
Dueto Related Parties Current 188,766 315,124 140,371 291,561
Financial Assets Designatedas Fair Value Through Profitor Loss Total 99,120 89,503 96,472 98,974
Gross Accounts Receivable 22.3M 26.5M 4.6M 4.2M
Hedging Assets Current 904,767 1.2M 1.1M 556,069
Income Tax Payable 0.00 3.2M -- --
Investmentin Financial Assets 99,120 89,503 96,472 98,974
Leases 431,363 330,536 341,250 3.1M
Line Of Credit 1.8M 2.6M 5.0M 12.4M
Machinery Furniture Equipment 2.0M 1.8M 1.2M 1.7M
Non Current Accounts Receivable 4.2M -- -- --
Non Current Deferred Assets 1.1M 762,538 591,788 528,854
Non Current Deferred Taxes Assets 1.1M 762,538 591,788 528,854
Non Current Note Receivables -- -- 0.00 980,000
Notes Receivable -- 0.00 980,000 140,000
Other Payable 1.2M 1.4M 1.6M 937,955
Other Properties 309,011 642,108 975,719 1.4M
Other Receivables 179,993 137,942 -- --
Pensionand Other Post Retirement Benefit Plans Current -- 0.00 30,000 82,131
Properties 0.00 0.00 0.00 0.00
Taxes Receivable 49,088 0.00 15,851 161,168
Total Tax Payable 655,101 3.8M 1.5M 249,546
Treasury Shares Number -- 0.00 -- --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 21.0M 18.9M 8.6M 11.9M
Cash Flow From Continuing Operating Activities 21.0M 18.9M 8.6M 11.9M
Depreciation And Amortization 2.7M 2.5M 2.6M 2.2M
Depreciation Amortization Depletion 2.7M 2.5M 2.6M 2.2M
Deferred Tax -329,541 -170,749 -62,934 291,870
Deferred Income Tax -329,541 -170,749 -62,934 291,870
Change In Working Capital -1.7M -6.9M -8.0M 1.7M
Changes In Account Receivables 105,278 1.3M -8.9M 2.1M
Change In Receivables 4.0M -9.9M -8.9M 1.9M
Change In Inventory -- 0.00 42,338 7,090
Change In Payables And Accrued Expense -2.6M 2.4M 1.7M -516,428
Change In Payable -2.7M 2.3M 1.6M -576,260
Change In Other Working Capital 101,672 104,650 118,609 165,344
Change In Other Current Liabilities -875,756 450,264 -262,598 163,194
Other Non Cash Items -4.2M -- -- 3,538
Capital Expenditure -397,128 -608,436 -569,010 -354,298
Purchase Of PPE -303,225 -351,215 -378,616 -247,400
Net PPE Purchase And Sale -302,174 -349,715 -335,616 -179,953
Purchase Of Business -- -- 0.00 -7.9M
Purchase Of Investment -7,699 0.00 -- 0.00
Sale Of Investment 2,992 3,325 356,169 4,651
Net Investment Purchase And Sale -4,707 3,325 356,169 4,651
Investing Cash Flow -400,784 376,389 -29,841 -7.2M
Cash Flow From Continuing Investing Activities -400,784 376,389 -29,841 -7.2M
Issuance Of Debt -- -- 0.00 48,822
Repayment Of Debt -1.3M -2.8M -7.7M -970,347
Net Issuance Payments Of Debt -1.3M -2.8M -7.7M 6.5M
Common Stock Dividend Paid -17.3M -14.0M -7.6M -6.6M
Financing Cash Flow -18.6M -16.8M -15.3M 12,661
Cash Flow From Continuing Financing Activities -18.6M -16.8M -15.3M 12,661
Changes In Cash 1.9M 2.6M -6.7M 4.7M
Beginning Cash Position 10.9M 8.4M 15.1M 10.4M
End Cash Position 12.9M 10.9M 8.4M 15.1M
Free Cash Flow 20.6M 18.3M 8.0M 11.5M
Income Tax Paid Supplemental Data 10.9M 5.2M 3.9M 2.2M
Interest Paid Supplemental Data 239,174 341,389 271,068 134,494
Amortization Cash Flow 2.1M 1.9M 2.0M 885,067
Amortization Of Intangibles 2.1M 1.9M 2.0M 885,067
Cash Dividends Paid -17.3M -14.0M -7.6M -6.6M
Change In Account Payable 565,653 27,156 652,772 -219,172
Change In Accrued Expense 21,646 36,261 35,592 59,832
Change In Income Tax Payable -3.2M 2.3M 973,417 -357,088
Change In Interest Payable 21,646 36,261 35,592 59,832
Change In Prepaid Assets -2.3M 109,429 -637,130 -3,368
Change In Tax Payable -3.2M 2.3M 973,417 -357,088
Depreciation 656,939 630,647 517,963 1.3M
Gain Loss On Investment Securities 517,984 -441,463 -- --
Long Term Debt Issuance -- -- 0.00 48,822
Long Term Debt Payments -527,667 -425,605 -230,881 -970,347
Net Business Purchase And Sale -- -- 0.00 -7.9M
Net Foreign Currency Exchange Gain Loss -- -441,463 -21,244 1.3M
Net Income From Continuing Operations 23.9M 24.0M 14.2M 6.5M
Net Intangibles Purchase And Sale -93,903 -257,221 -190,394 -106,898
Net Long Term Debt Issuance -527,667 -425,605 -230,881 -921,525
Net Other Financing Charges -- -- 140,000 140,000
Net Other Investing Changes -- 980,000 140,000 1.0M
Net Short Term Debt Issuance -770,099 -2.4M -7.4M 7.4M
Operating Gains Losses 514,492 -442,711 -209,473 1.2M
Purchase Of Intangibles -93,903 -257,221 -190,394 -106,898
Sale Of PPE 1,051 1,500 43,000 67,447
Short Term Debt Payments -770,099 -2.4M -7.4M --
Unrealized Gain Loss On Investment Securities -2,468 3,391 88,149 -86,827
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