Premier Health of America Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 102.0M | 158.2M | 90.4M | 80.5M | -- |
| Operating Revenue | 102.0M | 158.2M | 90.4M | 80.5M | -- |
| Cost Of Revenue | 85.4M | 130.3M | 67.0M | 60.4M | -- |
| Gross Profit | 16.6M | 27.9M | 23.3M | 20.1M | -- |
| Selling General And Administration | 10.3M | 11.3M | 30,000 | 17.7M | -- |
| General And Administrative Expense | 10.3M | 11.3M | 30,000 | 17.7M | -- |
| Depreciation And Amortization In Income Statement | 8.2M | 6.8M | 4.4M | 3.4M | -- |
| Other Operating Expenses | 6.7M | 10.2M | 15.6M | 14.3M | -- |
| Operating Expense | 25.2M | 28.3M | 20.0M | 17.7M | -- |
| Operating Income | -8.6M | -445,000 | 3.3M | 2.3M | -- |
| EBIT | -11.9M | -6.5M | 1.4M | 2.2M | -- |
| Interest Expense | 5.5M | 5.7M | 2.0M | 947,000 | -- |
| Interest Expense Non Operating | 5.5M | 5.7M | 2.0M | 947,000 | -- |
| Interest Income | 237,000 | 0.00 | -- | -- | -- |
| Interest Income Non Operating | 237,000 | 0.00 | -- | -- | -- |
| Net Interest Income | -5.4M | -5.8M | -2.0M | -947,000 | -- |
| Other Income Expense | -3.4M | -6.0M | -1.9M | -149,000 | -- |
| Other Non Operating Income Expenses | -- | -- | -30,000 | -- | -- |
| Special Income Charges | -3.4M | -6.0M | -1.9M | -149,000 | -- |
| Restructuring And Mergern Acquisition | -914,000 | 493,000 | 19,000 | 149,000 | -- |
| Write Off | 301,000 | 0.00 | 250,000 | 0.00 | -- |
| Pretax Income | -17.4M | -12.2M | -546,000 | 1.2M | -- |
| Tax Provision | -2.0M | 271,000 | 1.2M | 1.4M | -- |
| Tax Effect Of Unusual Items | -381,046 | -897,750 | -752,400 | -39,053 | -- |
| Net Income From Continuing And Discontinued Operation | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| Net Income From Continuing Operation Net Minority Interest | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| Net Income Including Noncontrolling Interests | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| Net Income Common Stockholders | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| Net Income | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| EBITDA | -3.7M | 332,000 | 5.9M | 5.6M | -- |
| Normalized EBITDA | -300,000 | 6.3M | 7.7M | 5.8M | -- |
| Reconciled Depreciation | 8.2M | 6.8M | 4.4M | 3.4M | -- |
| Basic EPS | -- | -0.23 | -0.03 | -0.00 | 0.03 |
| Diluted EPS | -- | -0.23 | -0.03 | -0.00 | 0.03 |
| Basic Average Shares | -- | 55.5M | 55.6M | 55.2M | 49.7M |
| Diluted Average Shares | -- | 55.5M | 55.6M | 55.2M | 53.0M |
| Total Unusual Items | -3.4M | -6.0M | -1.9M | -149,000 | -- |
| Total Unusual Items Excluding Goodwill | -3.4M | -6.0M | -1.9M | -149,000 | -- |
| Tax Rate For Calcs | 0.11 | 0.15 | 0.40 | 0.26 | -- |
| Normalized Income | -12.5M | -7.4M | -574,400 | -2,053 | -- |
| Depreciation Amortization Depletion Income Statement | 8.2M | 6.8M | 4.4M | 3.4M | -- |
| Diluted NI Availto Com Stockholders | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| Gain On Sale Of Ppe | 47,000 | -6,000 | 0.00 | -- | -- |
| Impairment Of Capital Assets | 3.3M | 5.5M | 1.6M | 0.00 | -- |
| Net Income Continuous Operations | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| Net Non Operating Interest Income Expense | -5.4M | -5.8M | -2.0M | -947,000 | -- |
| Other Gand A | -- | -- | -- | 17.7M | 12.8M |
| Other Special Charges | 695,000 | -14,000 | -- | -- | -- |
| Reconciled Cost Of Revenue | 85.4M | 130.3M | 67.0M | 60.4M | -- |
| Salaries And Wages | 10.3M | 11.3M | 30,000 | -- | -- |
| Total Expenses | 110.6M | 158.6M | 87.1M | 78.2M | -- |
| Total Operating Income As Reported | -9.7M | -787,000 | 3.3M | 2.3M | -- |
| Total Other Finance Cost | 145,000 | 52,000 | -- | -- | -- |
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.4M | 1.5M | 1.1M | 5.1M | -- |
| Cash Cash Equivalents And Short Term Investments | 1.4M | 1.5M | 1.1M | 5.1M | -- |
| Cash Financial | -- | -- | -- | -- | 2.7M |
| Accounts Receivable | 16.6M | 31.1M | 23.0M | 19.3M | -- |
| Receivables | 17.2M | 31.5M | 24.1M | 20.4M | -- |
| Prepaid Assets | 1.1M | 1.5M | 769,000 | 437,000 | -- |
| Current Assets | 20.9M | 35.7M | 26.1M | 26.0M | -- |
| Gross PPE | 4.6M | 8.7M | 10.1M | 6.6M | -- |
| Accumulated Depreciation | -3.2M | -4.3M | -3.5M | -2.4M | -- |
| Net PPE | 1.4M | 4.4M | 6.6M | 4.2M | -- |
| Goodwill | 10.4M | 13.5M | 13.9M | 15.4M | -- |
| Goodwill And Other Intangible Assets | 24.9M | 33.6M | 24.0M | 27.3M | -- |
| Other Intangible Assets | 14.5M | 20.2M | 10.1M | 11.8M | -- |
| Other Non Current Assets | -- | -- | 8,000 | -- | -- |
| Total Non Current Assets | 26.3M | 38.0M | 30.6M | 31.7M | -- |
| Total Assets | 47.2M | 73.7M | 56.7M | 57.7M | -- |
| Current Debt | 43.2M | 46.2M | 516,000 | 576,000 | -- |
| Current Debt And Capital Lease Obligation | 43.4M | 46.4M | 860,000 | 963,000 | -- |
| Accounts Payable | 2.3M | 2.5M | 3.7M | 1.9M | -- |
| Payables | 3.4M | 3.4M | 6.0M | 5.9M | -- |
| Payables And Accrued Expenses | 8.5M | 10.4M | 9.3M | 10.8M | -- |
| Current Accrued Expenses | 5.1M | 6.9M | 3.3M | 4.9M | -- |
| Other Current Liabilities | -- | -- | 1.1M | 1.3M | 702,104 |
| Current Liabilities | 52.3M | 56.8M | 11.3M | 13.1M | -- |
| Long Term Debt | -- | -- | 22.9M | 21.3M | 10.9M |
| Long Term Debt And Capital Lease Obligation | 968,000 | 3.4M | 26.4M | 21.9M | -- |
| Long Term Capital Lease Obligation | 968,000 | 3.4M | 3.5M | 611,000 | -- |
| Other Non Current Liabilities | 2.1M | 4.4M | -- | 1.1M | 1.1M |
| Total Non Current Liabilities Net Minority Interest | 6.2M | 12.9M | 29.0M | 26.1M | -- |
| Total Liabilities Net Minority Interest | 58.5M | 69.6M | 40.3M | 39.2M | -- |
| Common Stock | 14.3M | 14.3M | 14.3M | 14.4M | -- |
| Capital Stock | 14.3M | 14.3M | 14.3M | 14.4M | -- |
| Additional Paid In Capital | 953,000 | 446,000 | 446,000 | 85,000 | -- |
| Retained Earnings | -26.9M | -11.5M | 1.0M | 2.9M | -- |
| Common Stock Equity | -11.3M | 4.1M | 16.4M | 18.5M | -- |
| Stockholders Equity | -11.3M | 4.1M | 16.4M | 18.5M | -- |
| Total Equity Gross Minority Interest | -11.3M | 4.1M | 16.4M | 18.5M | -- |
| Total Capitalization | -11.3M | 4.1M | 39.4M | 39.7M | -- |
| Net Tangible Assets | -36.2M | -29.6M | -7.6M | -8.8M | -- |
| Tangible Book Value | -36.2M | -29.6M | -7.6M | -8.8M | -- |
| Working Capital | -31.4M | -21.1M | 14.8M | 12.8M | -- |
| Invested Capital | 31.9M | 50.2M | 39.9M | 40.3M | -- |
| Total Debt | 44.4M | 49.9M | 27.3M | 22.8M | -- |
| Net Debt | 41.8M | 44.7M | 22.3M | 16.7M | -- |
| Share Issued | 55.5M | 55.5M | 55.4M | 56.1M | -- |
| Ordinary Shares Number | 55.5M | 55.5M | 55.4M | 56.1M | -- |
| Assets Held For Sale Current | 1.3M | 1.3M | 0.00 | -- | -- |
| Buildings And Improvements | -- | 0.00 | 1.2M | 1.2M | 1.2M |
| Capital Lease Obligations | 1.2M | 3.7M | 3.8M | 998,000 | -- |
| Current Capital Lease Obligation | 204,000 | 259,000 | 344,000 | 387,000 | -- |
| Employee Benefits | 173,000 | 0.00 | -- | -- | -- |
| Income Tax Payable | 529,000 | 553,000 | 663,000 | 430,000 | -- |
| Land And Improvements | -- | 0.00 | 458,000 | 458,000 | 458,300 |
| Line Of Credit | -- | -- | 0.00 | 60,000 | -- |
| Machinery Furniture Equipment | 3.0M | 4.2M | 4.0M | 4.9M | -- |
| Non Current Deferred Liabilities | 2.9M | 4.8M | 2.3M | 3.1M | -- |
| Non Current Deferred Taxes Liabilities | 2.9M | 4.8M | 2.3M | 3.1M | -- |
| Non Current Note Receivables | -- | -- | 0.00 | 250,000 | 200,000 |
| Non Current Pension And Other Postretirement Benefit Plans | 173,000 | 0.00 | -- | -- | -- |
| Non Current Prepaid Assets | -- | -- | 8,000 | 8,000 | 7,907 |
| Other Current Borrowings | 43.2M | 46.2M | 516,000 | 516,000 | -- |
| Other Equity Interest | 374,000 | 790,000 | 697,000 | 1.1M | -- |
| Other Payable | -- | -- | -- | 1.8M | 105,921 |
| Other Properties | 1.7M | 4.5M | 4.5M | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 433,000 | 0.00 | -- | -- | -- |
| Properties | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 593,000 | 377,000 | 1.2M | 1.1M | -- |
| Total Tax Payable | 1.1M | 933,000 | 2.3M | 2.2M | -- |
| Tradeand Other Payables Non Current | 56,000 | 267,000 | 311,000 | 0.00 | -- |
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 12.2M | 10.3M | -1.3M | 4.0M | -- |
| Cash Flow From Continuing Operating Activities | 11.9M | 10.3M | -1.3M | 4.0M | -- |
| Depreciation And Amortization | 8.2M | 6.8M | 4.4M | 3.4M | -- |
| Depreciation Amortization Depletion | 8.2M | 6.8M | 4.4M | 3.4M | -- |
| Stock Based Compensation | -114,000 | 191,000 | 311,000 | 498,000 | -- |
| Deferred Tax | -2.0M | 271,000 | -839,000 | -600,000 | -- |
| Deferred Income Tax | -2.0M | 271,000 | -839,000 | -600,000 | -- |
| Change In Working Capital | 13.2M | 5.4M | -5.6M | 596,000 | -- |
| Changes In Account Receivables | 14.5M | 14.3M | -3.7M | -3.0M | -- |
| Change In Receivables | 14.5M | 14.3M | -3.7M | -2.8M | -- |
| Change In Payables And Accrued Expense | -1.7M | -9.3M | -1.5M | 3.4M | -- |
| Change In Payable | -1.7M | -9.3M | -1.5M | 3.4M | -- |
| Other Non Cash Items | 4.9M | 6.1M | 588,000 | 205,000 | -- |
| Capital Expenditure | -2.1M | -2.9M | -1.9M | -658,000 | -- |
| Purchase Of PPE | -116,000 | -257,000 | -487,000 | -613,000 | -- |
| Net PPE Purchase And Sale | -69,000 | -117,000 | -487,000 | -324,000 | -- |
| Purchase Of Business | -524,000 | -23.7M | -1.3M | -12.2M | -- |
| Investing Cash Flow | -2.3M | -26.4M | -3.3M | -12.7M | -- |
| Cash Flow From Continuing Investing Activities | -2.5M | -26.4M | -3.3M | -12.7M | -- |
| Issuance Of Debt | 0.00 | 49.0M | 2.2M | 10.9M | -- |
| Repayment Of Debt | -5.1M | -28.0M | -1.2M | -640,000 | -- |
| Net Issuance Payments Of Debt | -5.1M | 21.0M | 954,000 | 10.3M | -- |
| Issuance Of Capital Stock | -- | -- | -- | 0.00 | 7.5M |
| Repurchase Of Capital Stock | -- | -128,000 | -515,000 | 0.00 | -- |
| Net Common Stock Issuance | -- | -128,000 | -515,000 | 0.00 | 7.5M |
| Common Stock Payments | -- | -128,000 | -515,000 | 0.00 | -- |
| Financing Cash Flow | -10.0M | 16.4M | 625,000 | 11.1M | -- |
| Cash Flow From Continuing Financing Activities | -10.0M | 16.4M | 625,000 | 11.1M | -- |
| Changes In Cash | -99,000 | 346,000 | -4.0M | 2.4M | -- |
| Beginning Cash Position | 1.5M | 1.1M | 5.1M | 2.7M | -- |
| End Cash Position | 1.4M | 1.5M | 1.1M | 5.1M | -- |
| Free Cash Flow | 10.1M | 7.4M | -3.2M | 3.4M | -- |
| Income Tax Paid Supplemental Data | 140,000 | 1.5M | 1.9M | 1.8M | -- |
| Interest Paid Supplemental Data | -- | 5.2M | 1.8M | 928,000 | 878,028 |
| Amortization Cash Flow | 7.4M | 5.4M | 3.1M | 2.4M | -- |
| Amortization Of Intangibles | 7.4M | 5.4M | 3.1M | 2.4M | -- |
| Asset Impairment Charge | 3.3M | 5.5M | 1.5M | 0.00 | -- |
| Change In Account Payable | -1.7M | -9.3M | -1.7M | 2.4M | -- |
| Change In Income Tax Payable | -- | -1.1M | 233,000 | 939,000 | 25,190 |
| Change In Prepaid Assets | 297,000 | 339,000 | -332,000 | 67,000 | -- |
| Change In Tax Payable | -- | -1.1M | 233,000 | 939,000 | 25,190 |
| Common Stock Issuance | -- | -- | -- | 0.00 | 7.5M |
| Depreciation | 768,000 | 1.4M | 1.4M | 1.0M | -- |
| Gain Loss On Sale Of PPE | 254,000 | 0.00 | 0.00 | 32,000 | -- |
| Long Term Debt Issuance | 0.00 | 49.0M | 2.2M | 10.9M | -- |
| Long Term Debt Payments | -5.1M | -28.0M | -1.2M | -640,000 | -- |
| Net Business Purchase And Sale | -524,000 | -23.7M | -1.3M | -12.2M | -- |
| Net Income From Continuing Operations | -15.4M | -12.5M | -1.7M | -112,000 | -- |
| Net Intangibles Purchase And Sale | -2.0M | -2.6M | -1.4M | -45,000 | -- |
| Net Long Term Debt Issuance | -5.1M | 21.0M | 954,000 | 10.2M | -- |
| Net Other Financing Charges | -4.9M | -4.5M | -400,000 | -- | -819,988 |
| Net Other Investing Changes | 324,000 | 140,000 | -67,000 | -60,000 | -- |
| Net Short Term Debt Issuance | -- | -- | -60,000 | 60,000 | -- |
| Operating Gains Losses | 254,000 | -- | -- | 32,000 | -11,730 |
| Proceeds From Stock Option Exercised | 0.00 | 18,000 | 186,000 | 767,000 | -- |
| Purchase Of Intangibles | -2.0M | -2.6M | -1.4M | -45,000 | -- |
| Sale Of PPE | 47,000 | 140,000 | 0.00 | 289,000 | -- |
| Short Term Debt Issuance | -- | -- | 0.00 | 60,000 | -- |
| Short Term Debt Payments | -- | -- | -60,000 | 0.00 | -- |
| Taxes Refund Paid | -140,000 | -1.5M | -- | -- | -- |