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Pet Valu Holdings Ltd.

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 1.1B 1.1B 951.7M 776.0M
Operating Revenue 1.1B 1.1B 951.7M 776.0M
Cost Of Revenue 732.6M 690.7M 599.4M 488.8M
Gross Profit 364.6M 365.1M 352.3M 287.2M
Selling General And Administration 163.7M 163.2M 155.9M 131.3M
General And Administrative Expense 134.6M 135.1M 130.7M 110.0M
Research And Development 23.4M 20.9M 19.9M 13.1M
Depreciation And Amortization In Income Statement 22.2M 20.4M 16.3M 13.3M
Operating Expense 209.3M 204.4M 192.1M 157.8M
Operating Income 155.3M 160.7M 160.2M 129.4M
EBIT 165.2M 164.7M 165.5M 164.8M
Interest Expense 43.9M 39.5M 26.9M 39.7M
Interest Expense Non Operating 43.9M 39.5M 26.9M 39.7M
Interest Income 11.8M 10.9M 9.0M 6.8M
Interest Income Non Operating 11.8M 10.9M 9.0M 6.8M
Net Interest Income -33.1M -30.6M -20.5M -41.1M
Other Income Expense -849,000 -4.9M -1.0M 36.8M
Other Non Operating Income Expenses -- -4.7M 68,000 -8,000
Special Income Charges 987,000 0.00 0.00 -5.7M
Gain On Sale Of Security -1.8M -188,000 -1.1M 42.6M
Earnings From Equity Interest -- -- -- -8,000
Pretax Income 121.4M 125.2M 138.7M 125.1M
Tax Provision 34.0M 35.6M 37.9M 26.3M
Tax Effect Of Unusual Items -237,555 -53,507 -303,686 7.7M
Net Income From Continuing And Discontinued Operation 87.4M 89.5M 100.8M 95.4M
Net Income From Continuing Operation Net Minority Interest 87.4M 89.5M 100.8M 95.4M
Net Income Including Noncontrolling Interests 87.4M 89.5M 100.8M 98.8M
Minority Interests -- -- 0.00 -3.4M
Net Income Common Stockholders 87.4M 89.5M 100.8M 95.4M
Net Income 87.4M 89.5M 100.8M 95.4M
EBITDA 231.2M 215.4M 203.6M 198.5M
Normalized EBITDA 232.0M 215.6M 204.7M 161.6M
Reconciled Depreciation 65.9M 50.7M 38.1M 33.7M
Basic EPS 1.22 1.26 1.43 1.36
Diluted EPS 1.21 1.24 1.40 1.33
Basic Average Shares 71.7M 71.3M 70.5M 70.0M
Diluted Average Shares 72.2M 72.4M 72.1M 71.7M
Total Unusual Items -849,000 -188,000 -1.1M 36.8M
Total Unusual Items Excluding Goodwill -849,000 -188,000 -1.1M 36.8M
Tax Rate For Calcs 0.28 0.28 0.27 0.21
Normalized Income 88.0M 89.7M 101.6M 66.3M
Depreciation Amortization Depletion Income Statement 22.2M 20.4M 16.3M 13.3M
Diluted NI Availto Com Stockholders 87.4M 89.5M 100.8M 95.4M
Net Income Continuous Operations 87.4M 89.5M 100.8M 98.8M
Net Non Operating Interest Income Expense -33.1M -30.6M -20.5M -41.1M
Other Gand A 18.7M 22.4M 25.4M 24.4M
Other Special Charges -987,000 -- -- 5.7M
Reconciled Cost Of Revenue 688.9M 660.4M 577.6M 468.4M
Rent Expense Supplemental 55.9M 51.5M 46.5M 42.3M
Salaries And Wages 116.0M 112.7M 105.3M 85.6M
Selling And Marketing Expense 29.1M 28.1M 25.2M 21.3M
Total Expenses 941.9M 895.1M 791.5M 646.6M
Total Operating Income As Reported 155.3M 160.7M 160.2M 129.4M
Total Other Finance Cost 1.1M 2.0M 2.6M 8.3M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 35.1M 28.4M 63.0M 50.1M
Cash Cash Equivalents And Short Term Investments 35.1M 28.4M 63.0M 50.1M
Cash Financial 35.1M 28.4M 63.0M 50.1M
Accounts Receivable 29.9M 24.0M 18.9M 11.6M
Receivables 76.2M 68.2M 52.8M 41.0M
Inventory 124.6M 122.1M 118.4M 91.7M
Prepaid Assets -- -- 22.3M 10.4M
Other Current Assets 10.6M 19.4M 22.3M --
Current Assets 246.5M 238.1M 256.5M 193.2M
Gross PPE 497.4M 454.9M 267.4M 224.1M
Accumulated Depreciation -103.1M -96.4M -93.4M -81.3M
Net PPE 394.3M 358.4M 174.0M 142.8M
Goodwill 98.2M 97.6M 97.6M 92.9M
Goodwill And Other Intangible Assets 148.4M 149.8M 149.9M 130.3M
Other Intangible Assets 50.2M 52.2M 52.3M 37.4M
Investments And Advances -- 0.00 4.7M 2.2M
Long Term Equity Investment -- 0.00 4.7M 2.2M
Other Non Current Assets 3.9M 4.2M 7.3M 3.1M
Total Non Current Assets 724.4M 678.8M 483.7M 406.0M
Total Assets 970.9M 916.9M 740.2M 599.2M
Current Debt -- 17.8M 17.8M 8.9M
Current Debt And Capital Lease Obligation 76.9M 81.8M 69.1M 50.8M
Accounts Payable 33.4M 34.0M 33.8M 35.4M
Payables 48.0M 38.8M 52.7M 53.3M
Payables And Accrued Expenses 105.8M 88.4M 118.9M 100.5M
Current Accrued Expenses 57.8M 49.6M 66.2M 47.2M
Current Deferred Revenue -- 1.3M 1.2M 1.0M
Current Liabilities 184.4M 172.2M 189.2M 152.4M
Long Term Debt 278.0M 275.5M 320.1M 336.6M
Long Term Debt And Capital Lease Obligation 672.4M 655.3M 536.0M 533.6M
Long Term Capital Lease Obligation 394.4M 379.8M 216.0M 197.0M
Other Non Current Liabilities 2.7M 4.0M 2.3M --
Total Non Current Liabilities Net Minority Interest 690.8M 674.9M 550.6M 541.3M
Total Liabilities Net Minority Interest 875.2M 847.2M 739.8M 693.7M
Common Stock 313.8M 321.8M 316.2M 307.5M
Capital Stock 313.8M 321.8M 316.2M 307.5M
Additional Paid In Capital 10.4M 6.9M 4.1M 1.8M
Retained Earnings -228.3M -258.8M -319.8M -403.6M
Gains Losses Not Affecting Retained Earnings -141,000 -141,000 -159,000 -179,000
Common Stock Equity 95.7M 69.7M 376,000 -94.5M
Stockholders Equity 95.7M 69.7M 376,000 -94.5M
Total Equity Gross Minority Interest 95.7M 69.7M 376,000 -94.5M
Minority Interest -- -- -- 0.00
Total Capitalization 373.8M 345.2M 320.4M 242.1M
Net Tangible Assets -52.7M -80.0M -149.5M -224.8M
Tangible Book Value -52.7M -80.0M -149.5M -224.8M
Working Capital 62.1M 65.9M 67.3M 40.8M
Invested Capital 373.8M 362.9M 338.2M 251.0M
Total Debt 749.3M 737.1M 605.1M 584.4M
Net Debt 242.9M 264.8M 274.8M 295.4M
Share Issued 70.7M 71.5M 71.0M 70.1M
Ordinary Shares Number 70.7M 71.5M 71.0M 70.1M
Buildings And Improvements 497,000 497,000 497,000 497,000
Capital Lease Obligations 471.3M 443.9M 267.3M 238.9M
Construction In Progress 2.0M 14.4M 17.4M 0.00
Current Capital Lease Obligation 76.9M 64.1M 51.3M 42.0M
Current Deferred Liabilities 1.4M 1.3M 1.2M 1.0M
Current Provisions 355,000 669,000 -- --
Finished Goods -- 124.9M 120.5M 93.5M
Foreign Currency Translation Adjustments -141,000 -141,000 -159,000 -179,000
Income Tax Payable -- 0.00 15.1M 13.6M
Interest Payable 1.3M 3.7M 0.00 0.00
Inventories Adjustments Allowances -- -2.9M -2.1M -1.8M
Investmentsin Associatesat Cost -- 0.00 4.7M 2.2M
Land And Improvements 120,000 120,000 120,000 120,000
Leases 377.5M 354.9M 175.8M 160.3M
Long Term Provisions 3.6M 2.6M -- --
Machinery Furniture Equipment 86.9M 76.7M 67.3M 56.6M
Non Current Accounts Receivable 170.1M 159.1M 141.2M 121.9M
Non Current Deferred Assets 7.8M 7.2M 6.7M 5.6M
Non Current Deferred Liabilities 12.1M 13.0M 12.3M 7.7M
Non Current Deferred Revenue -- 4.2M 4.0M 3.2M
Non Current Deferred Taxes Assets 7.8M 7.2M 6.7M 5.6M
Non Current Deferred Taxes Liabilities 7.6M 8.9M 8.2M 4.5M
Other Current Borrowings -- 17.8M 17.8M 8.9M
Other Payable 9.0M -- -- --
Other Properties 30.4M 8.2M 6.3M 6.5M
Other Receivables 45.4M 38.2M 33.8M 29.4M
Properties 0.00 0.00 0.00 0.00
Taxes Receivable 905,000 6.0M 0.00 --
Total Tax Payable 5.6M 4.8M 18.9M 17.9M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 200.1M 135.3M 123.5M 138.2M
Cash Flow From Continuing Operating Activities 200.1M 135.3M 123.5M 138.2M
Depreciation And Amortization 65.9M 50.7M 38.1M 33.7M
Depreciation Amortization Depletion 65.9M 50.7M 38.1M 33.7M
Stock Based Compensation 7.2M 5.9M 6.2M 2.2M
Deferred Tax 2.8M -20.8M 1.2M 13.2M
Deferred Income Tax 2.8M -20.8M 1.2M 13.2M
Change In Working Capital 5.6M -23.8M -39.3M -14.0M
Changes In Account Receivables -7.4M -4.9M -6.8M -1.2M
Change In Receivables -7.4M -4.9M -6.8M -1.2M
Change In Inventory -2.3M -3.6M -26.1M -13.7M
Change In Payables And Accrued Expense 6.4M -12.3M 1.8M 581,000
Other Non Cash Items 32.2M 31.0M 15.8M 47.7M
Capital Expenditure -66.7M -63.7M -44.4M -28.5M
Purchase Of PPE -63.2M -59.9M -41.0M -26.1M
Net PPE Purchase And Sale -55.0M -53.3M -37.3M -20.9M
Purchase Of Business 0.00 -3.5M -14.7M -2.2M
Investing Cash Flow -8.5M -16.2M -17.3M 4.0M
Cash Flow From Continuing Investing Activities -8.5M -16.2M -17.3M 4.0M
Issuance Of Debt -- -- 0.00 395.0M
Repayment Of Debt -78.2M -98.7M -52.1M -771.5M
Net Issuance Payments Of Debt -78.2M -98.7M -52.1M -376.5M
Issuance Of Capital Stock -- -- 0.00 295.2M
Repurchase Of Capital Stock -30.0M 0.00 -- --
Net Common Stock Issuance -30.0M 0.00 0.00 295.2M
Common Stock Dividend Paid -31.5M -28.5M -16.9M -700,000
Common Stock Payments -30.0M 0.00 -- --
Financing Cash Flow -183.8M -153.8M -92.8M -163.3M
Cash Flow From Continuing Financing Activities -183.8M -153.8M -92.8M -163.3M
Effect Of Exchange Rate Changes -1.0M -3,000 -429,000 -221,000
Changes In Cash 7.7M -34.6M 13.4M -21.2M
Beginning Cash Position 28.4M 63.0M 50.1M 71.5M
End Cash Position 35.1M 28.4M 63.0M 50.1M
Free Cash Flow 133.4M 71.7M 79.1M 109.7M
Amortization Cash Flow 4.1M 3.3M 2.1M 1.1M
Amortization Of Intangibles 4.1M 3.3M 2.1M 1.1M
Asset Impairment Charge 744,000 0.00 448,000 17,000
Cash Dividends Paid -31.5M -28.5M -16.9M -700,000
Change In Prepaid Assets 8.8M -3.0M -8.2M 277,000
Common Stock Issuance -- -- 0.00 295.2M
Depreciation 61.8M 47.4M 36.0M 32.6M
Earnings Losses From Equity Investments 0.00 3.4M 483,000 8,000
Gain Loss On Investment Securities -- 1.3M -551,000 --
Gain Loss On Sale Of PPE -3.6M -3.2M -1.6M -1.0M
Interest Paid Cff -46.3M -30.0M -30.5M -52.8M
Interest Received Cfi 11.9M 10.9M 8.7M 7.0M
Long Term Debt Issuance -- -- 0.00 355.0M
Long Term Debt Payments -78.2M -98.7M -52.1M -731.5M
Net Business Purchase And Sale 0.00 -3.5M -14.7M -2.2M
Net Foreign Currency Exchange Gain Loss 1.8M 188,000 1.1M -42.6M
Net Income From Continuing Operations 87.4M 89.5M 100.8M 98.8M
Net Intangibles Purchase And Sale -3.5M -3.8M -3.4M -2.4M
Net Long Term Debt Issuance -78.2M -98.7M -52.1M -376.5M
Net Other Financing Charges -2.0M -872,000 -1.4M -28.6M
Net Other Investing Changes 38.0M 33.1M 29.5M 22.5M
Net Short Term Debt Issuance -- -- 0.00 0.00
Operating Gains Losses -1.8M 2.9M 275,000 -43.5M
Proceeds From Stock Option Exercised 4.1M 4.3M 8.1M 63,000
Purchase Of Intangibles -3.5M -3.8M -3.4M -2.4M
Sale Of PPE 8.2M 6.6M 3.6M 5.2M
Short Term Debt Issuance -- -- 0.00 40.0M
Short Term Debt Payments -- -- 0.00 -40.0M
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