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PHX Energy Services Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 183.9M 167.7M 193.7M 178.7M 160.6M
Operating Revenue 183.9M 167.7M 193.7M 178.7M 160.6M
Cost Of Revenue 155.1M 143.4M 153.4M 148.0M 131.7M
Gross Profit 28.8M 24.2M 40.3M 30.7M 29.0M
Selling General And Administration 16.0M 16.7M 19.1M 17.6M 15.9M
Research And Development 1.7M 1.6M 1.8M 1.3M 1.4M
Operating Expense 17.7M 18.3M 20.9M 18.9M 17.3M
Operating Income 11.1M 5.9M 19.4M 11.8M 11.7M
EBIT 18.2M 12.7M 26.4M 16.3M 15.6M
Interest Expense 461,000 483,000 506,000 513,000 628,000
Interest Expense Non Operating 461,000 483,000 506,000 513,000 628,000
Net Interest Income -1.2M -1.2M -1.1M -1.0M -1.2M
Other Income Expense 7.8M 7.5M 7.6M 5.1M 4.5M
Other Non Operating Income Expenses 89,000 -- -- -- --
Special Income Charges 8.0M 7.7M 7.9M 6.0M 4.3M
Write Off -- -- -- -- --
Gain On Sale Of Security -247,000 -200,000 -216,000 -946,000 164,000
Pretax Income 17.7M 12.2M 25.9M 15.8M 14.9M
Tax Provision 157,000 3.7M 5.8M 1.7M 4.8M
Tax Effect Of Unusual Items 68,721 2.2M 1.7M 549,655 1.4M
Net Income From Continuing And Discontinued Operation 17.6M 8.5M 20.2M 14.1M 10.2M
Net Income From Continuing Operation Net Minority Interest 17.6M 8.5M 20.2M 14.1M 10.2M
Net Income Including Noncontrolling Interests 17.6M 8.5M 20.2M 14.1M 10.2M
Net Income Common Stockholders 17.6M 8.5M 20.2M 14.1M 10.2M
Net Income 17.6M 8.5M 20.2M 14.1M 10.2M
EBITDA 35.8M 26.2M 39.9M 29.0M 28.3M
Normalized EBITDA 28.1M 18.7M 32.2M 24.0M 23.8M
Reconciled Depreciation 17.6M 13.5M 13.5M 12.7M 12.7M
Basic EPS 0.39 0.19 0.44 0.31 0.22
Diluted EPS 0.35 0.17 0.44 0.30 0.22
Basic Average Shares 45.0M 44.9M 45.8M 45.5M 46.2M
Diluted Average Shares 50.2M 50.1M 45.8M 47.0M 46.2M
Total Unusual Items 7.8M 7.5M 7.6M 5.1M 4.5M
Total Unusual Items Excluding Goodwill 7.8M 7.5M 7.6M 5.1M 4.5M
Tax Rate For Calcs 0.01 0.30 0.22 0.11 0.32
Normalized Income 9.9M 3.3M 14.2M 9.6M 7.1M
Diluted NI Availto Com Stockholders 14.8M 8.5M 20.2M 14.1M 10.2M
Gain On Sale Of Ppe 8.2M 7.7M 7.9M 6.0M 4.3M
Net Income Continuous Operations 17.6M 8.5M 20.2M 14.1M 10.2M
Net Non Operating Interest Income Expense -1.2M -1.2M -1.1M -1.0M -1.2M
Provision For Doubtful Accounts -- -- -- -- 0.00
Reconciled Cost Of Revenue 155.1M 143.4M 153.4M 148.0M 131.7M
Total Expenses 172.8M 161.7M 174.3M 166.9M 148.9M
Total Other Finance Cost 746,000 703,000 606,000 527,000 620,000
Line Item Q4 2025Dec 31, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 29.1M 10.7M 14.0M 14.2M 14.2M
Cash Cash Equivalents And Short Term Investments 29.1M 10.7M 14.0M 14.2M 14.2M
Cash Financial 29.1M 10.7M 14.0M 14.2M 14.2M
Accounts Receivable 138.6M 135.5M 148.8M 133.6M 107.7M
Receivables 147.9M 137.4M 149.9M 134.1M 107.7M
Inventory 56.3M 58.2M 63.3M 63.1M 64.1M
Prepaid Assets 3.0M 3.9M 1.6M 2.6M 2.6M
Current Assets 236.3M 210.2M 228.7M 214.0M 188.6M
Gross PPE 517.7M 196.9M 199.8M 503.8M 183.4M
Accumulated Depreciation -331.3M -- -- -312.8M --
Net PPE 186.4M 196.9M 199.8M 191.0M 183.4M
Goodwill And Other Intangible Assets 16.3M 18.7M 17.6M 14.6M 14.1M
Other Intangible Assets 16.3M 18.7M 17.6M 14.6M --
Investments And Advances 2.2M 2.2M 2.2M 2.2M 2.2M
Other Non Current Assets 1.3M 1.4M 1.7M 1.5M 2.2M
Total Non Current Assets 206.9M 219.7M 221.3M 209.3M 206.9M
Total Assets 443.2M 429.9M 450.0M 423.3M 395.4M
Current Debt And Capital Lease Obligation 4.0M 3.8M 3.8M 3.7M 3.5M
Accounts Payable 110.9M 103.3M 125.2M 116.7M 93.9M
Payables 121.3M 113.6M 134.3M 125.8M 109.4M
Payables And Accrued Expenses 121.3M 113.6M 134.3M 125.8M 109.4M
Current Liabilities 125.4M 117.4M 138.1M 129.5M 112.9M
Long Term Debt 35.5M 41.7M 26.1M 16.8M 19.2M
Long Term Debt And Capital Lease Obligation 62.9M 70.9M 56.8M 48.5M 51.1M
Long Term Capital Lease Obligation 27.4M 29.2M 30.7M 31.6M 31.9M
Other Non Current Liabilities 1.6M 1.2M 912,000 3.3M 2.5M
Total Non Current Liabilities Net Minority Interest 88.8M 90.7M 78.3M 71.6M 72.3M
Total Liabilities Net Minority Interest 214.1M 208.0M 216.5M 201.1M 185.2M
Common Stock 201.7M 203.1M 204.1M 203.8M 208.1M
Capital Stock 201.7M 203.1M 204.1M 203.8M 208.1M
Additional Paid In Capital 7.3M 7.4M 7.2M 7.2M 7.3M
Retained Earnings -9.9M -17.8M -17.2M -28.3M -33.3M
Gains Losses Not Affecting Retained Earnings 29.9M 29.1M 39.5M 39.5M 28.1M
Other Equity Adjustments 29.9M 29.1M 39.5M 39.5M 28.1M
Common Stock Equity 229.0M 221.8M 233.6M 222.2M 210.2M
Stockholders Equity 229.0M 221.8M 233.6M 222.2M 210.2M
Total Equity Gross Minority Interest 229.0M 221.8M 233.6M 222.2M 210.2M
Total Capitalization 264.5M 263.6M 259.7M 239.0M 229.4M
Net Tangible Assets 212.7M 203.2M 216.0M 207.6M 196.1M
Tangible Book Value 212.7M 203.2M 216.0M 207.6M 196.1M
Working Capital 110.9M 92.8M 90.6M 84.5M 75.7M
Invested Capital 264.5M 263.6M 259.7M 239.0M 229.4M
Total Debt 66.9M 74.7M 60.6M 52.2M 54.6M
Net Debt 6.4M 31.0M 12.2M 2.7M 5.0M
Share Issued 45.4M 45.5M 45.6M 45.5M 45.9M
Ordinary Shares Number 45.4M 45.5M 45.6M 45.5M 45.9M
Allowance For Doubtful Accounts Receivable -300,000 -- -- -100,000 --
Buildings And Improvements 20.9M -- -- 24.4M --
Capital Lease Obligations 31.4M 33.0M 34.5M 35.4M 35.5M
Current Capital Lease Obligation 4.0M 3.8M 3.8M 3.7M 3.5M
Dividends Payable 9.1M 9.1M 9.1M 9.1M 9.2M
Gross Accounts Receivable 138.9M -- -- 133.7M --
Machinery Furniture Equipment 54.0M -- -- 52.0M --
Non Current Deferred Assets 756,000 556,000 -- 0.00 4.9M
Non Current Deferred Liabilities 24.3M 18.5M 20.6M 19.8M 18.7M
Non Current Deferred Taxes Assets 756,000 556,000 -- 0.00 4.9M
Non Current Deferred Taxes Liabilities 24.3M 18.5M 20.6M 19.8M 18.7M
Other Properties 442.7M 196.9M 199.8M 427.4M 183.4M
Properties 0.00 -- -- 0.00 --
Raw Materials 54.7M -- -- 59.0M --
Taxes Receivable 9.3M 1.9M 1.1M 502,000 0.00
Total Tax Payable 1.3M 1.2M -- 0.00 6.3M
Treasury Shares Number 3,301 3,301 3,301 3,301 3,301
Work In Process 1.6M -- -- 4.2M --
Line Item Q4 2025Dec 31, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 31.7M 10.5M 10.9M 17.7M 28.7M
Cash Flow From Continuing Operating Activities 31.7M 10.5M 10.9M 17.7M 28.7M
Depreciation And Amortization 17.6M 13.5M 13.5M 12.7M 12.7M
Depreciation Amortization Depletion 17.6M 13.5M 13.5M 12.7M 12.7M
Stock Based Compensation 48,000 151,000 89,000 58,000 140,000
Deferred Tax 157,000 3.7M 5.8M 1.7M 4.8M
Deferred Income Tax 157,000 3.7M 5.8M 1.7M 4.8M
Change In Working Capital 4.7M -4.3M -16.6M -2.9M 6.0M
Other Non Cash Items 1.2M 1.2M 1.1M 1.0M 1.2M
Capital Expenditure -9.5M -22.7M -28.3M -16.6M -12.5M
Purchase Of PPE -9.5M -20.7M -24.7M -15.7M -11.1M
Net PPE Purchase And Sale 1.9M -9.9M -13.8M -5.7M -4.2M
Investing Cash Flow 6.3M -17.9M -10.5M -1.7M -14.9M
Cash Flow From Continuing Investing Activities 6.3M -17.9M -10.5M -1.7M -14.9M
Issuance Of Debt -7.0M 15.7M -- -- --
Repayment Of Debt -935,000 -927,000 -920,000 -873,000 -809,000
Net Issuance Payments Of Debt -7.9M 14.7M 8.3M -3.3M 8.7M
Repurchase Of Capital Stock -- -- -- 0.00 0.00
Net Common Stock Issuance -- -- -- 0.00 0.00
Common Stock Dividend Paid -- -9.1M -9.1M -- -9.4M
Common Stock Payments -- -- -- 0.00 0.00
Financing Cash Flow -16.3M 4.7M -573,000 -16.8M -13.3M
Cash Flow From Continuing Financing Activities -16.3M 4.7M -573,000 -16.8M -13.3M
Effect Of Exchange Rate Changes -471,000 -606,000 3,000 865,000 -134,000
Changes In Cash 21.7M -2.7M -195,000 -905,000 539,000
Beginning Cash Position 7.9M 14.0M 14.2M 14.2M 13.8M
End Cash Position 29.1M 10.7M 14.0M 14.2M 14.2M
Free Cash Flow 22.2M -12.2M -17.4M 1.1M 16.2M
Cash Dividends Paid -9.0M -9.1M -9.1M -9.2M -9.4M
Depreciation 17.6M 13.5M 13.5M 12.7M 12.7M
Gain Loss On Sale Of PPE -8.2M -7.7M -7.9M -6.0M -4.3M
Interest Paid Cfo -1.0M -995,000 -890,000 -868,000 -1.0M
Long Term Debt Issuance -7.0M 15.7M -- -- --
Long Term Debt Payments -935,000 -927,000 -920,000 -873,000 -809,000
Net Foreign Currency Exchange Gain Loss 252,000 343,000 117,000 17,000 -47,000
Net Income From Continuing Operations 17.6M 8.5M 20.2M 14.1M 10.2M
Net Intangibles Purchase And Sale 0.00 -1.9M -3.6M -863,000 -1.4M
Net Long Term Debt Issuance -7.9M 14.7M 8.3M -3.3M 8.7M
Net Other Financing Charges 0.00 -911,000 -- -4.9M -12.6M
Net Other Investing Changes 4.4M -6.1M 6.9M 4.8M -9.4M
Operating Gains Losses -8.0M -7.3M -7.7M -6.0M -4.4M
Proceeds From Stock Option Exercised 683,000 0.00 180,000 469,000 53,000
Provisionand Write Offof Assets 1.1M 1.4M 1.0M 1.2M 891,000
Purchase Of Intangibles 0.00 -1.9M -3.6M -863,000 -1.4M
Sale Of PPE 11.4M 10.9M 10.9M 10.1M 7.0M
Taxes Refund Paid -1.8M -5.3M -5.5M -3.4M -1.8M
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