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Parkit Enterprise 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 29.9M 23.3M 11.2M 5.8M
Operating Revenue 22.2M 17.4M 7.8M 4.0M
Cost Of Revenue 11.2M 9.0M 5.2M 2.5M
Gross Profit 18.7M 14.3M 6.0M 3.3M
Selling General And Administration 2.9M 3.2M 3.3M 4.5M
General And Administrative Expense 2.9M 3.2M 3.3M 4.5M
Depreciation And Amortization In Income Statement 8.7M 7.7M 4.6M 2.0M
Other Operating Expenses -- -133,630 -128,858 -124,108
Operating Expense 11.7M 10.9M 7.8M 6.5M
Operating Income 7.0M 3.4M -1.8M -3.2M
EBIT 6.5M 2.4M -1.5M -3.2M
Interest Expense 9.1M 7.5M 2.1M 750,490
Interest Expense Non Operating 9.1M 7.5M 2.1M 750,490
Interest Income 172,376 294,565 171,177 280,443
Interest Income Non Operating 172,376 294,565 171,177 280,443
Net Interest Income -9.2M -7.4M -2.0M -489,718
Other Income Expense -381,311 -1.0M 277,084 -294,170
Other Non Operating Income Expenses -- -952,105 -1.7M -515,703
Special Income Charges -- -- -- 0.00
Restructuring And Mergern Acquisition -- -- -- 0.00
Gain On Sale Of Security 50,501 -1.8M 78,309 -4,937
Earnings From Equity Interest -431,812 795,447 198,775 -289,233
Pretax Income -2.6M -5.1M -3.6M -4.0M
Tax Provision 219,163 0.00 -80,325 12,847
Tax Effect Of Unusual Items 7,575 0.00 1,767 -1,308
Net Income From Continuing And Discontinued Operation -2.8M -5.1M -3.5M -4.0M
Net Income From Continuing Operation Net Minority Interest -2.8M -5.1M -3.5M -4.0M
Net Income Including Noncontrolling Interests -2.8M -5.1M -3.5M -4.0M
Net Income Common Stockholders -2.8M -5.1M -3.5M -4.0M
Net Income -2.8M -5.1M -3.5M -4.0M
EBITDA 15.2M 10.1M 3.1M -1.3M
Normalized EBITDA 15.2M 11.9M 3.0M -1.3M
Reconciled Depreciation 8.7M 7.7M 4.6M 2.0M
Basic EPS -0.01 -0.02 -0.01 -0.02
Diluted EPS -0.01 -0.02 -0.01 -0.02
Basic Average Shares 225.1M 231.8M 237.3M 215.6M
Diluted Average Shares 225.1M 231.8M 237.3M 215.6M
Total Unusual Items 50,501 -1.8M 78,309 -4,937
Total Unusual Items Excluding Goodwill 50,501 -1.8M 78,309 -4,937
Tax Rate For Calcs 0.15 0.00 0.02 0.27
Normalized Income -2.8M -3.3M -3.6M -4.0M
Depreciation Amortization Depletion Income Statement 8.7M 7.7M 4.6M 2.0M
Depreciation Income Statement 8.7M 7.7M 4.6M 2.0M
Diluted NI Availto Com Stockholders -2.8M -5.1M -3.5M -4.0M
Net Income Continuous Operations -2.8M -5.1M -3.5M -4.0M
Net Non Operating Interest Income Expense -9.2M -7.4M -2.0M -489,718
Other Gand A 1.7M 1.6M 1.4M 879,955
Reconciled Cost Of Revenue 11.2M 9.0M 5.2M 2.5M
Salaries And Wages 1.2M 1.5M 1.9M 3.7M
Total Expenses 22.9M 19.9M 13.0M 9.0M
Total Other Finance Cost 346,200 278,157 123,865 19,671
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 5.5M 10.6M 19.5M 21.8M
Cash Cash Equivalents And Short Term Investments 5.5M 10.6M 19.5M 21.8M
Cash Financial 5.5M 10.6M 19.5M 21.8M
Accounts Receivable 2,373 28,838 588.00 107,091
Receivables 1.5M 633,523 924,896 853,281
Prepaid Assets 1.8M 1.9M 1.3M 140,137
Other Current Assets -- -- 3.0M 140,137
Current Assets 8.8M 13.6M 24.7M 22.8M
Gross PPE 12.0M 9.8M 0.00 --
Accumulated Depreciation -193,697 -110,447 0.00 --
Net PPE 11.8M 9.7M 0.00 --
Investments And Advances 9.7M 10.2M 11.8M 13.2M
Long Term Equity Investment 9.7M 10.2M 11.8M 13.2M
Total Non Current Assets 321.9M 310.9M 214.9M 154.9M
Total Assets 330.7M 324.5M 239.6M 177.6M
Accounts Payable 3.3M 3.0M 3.7M 1.6M
Payables 3.3M 3.0M 3.7M 1.6M
Payables And Accrued Expenses 4.1M 3.0M 3.8M 1.7M
Current Accrued Expenses 808,589 54,443 73,632 56,328
Current Deferred Revenue 2.1M 1.9M 1.4M 116,979
Other Current Liabilities 1.6M 2.0M -- 4,349
Current Liabilities 7.7M 6.9M 5.1M 1.8M
Long Term Debt 179.1M 168.4M 76.4M 17.1M
Long Term Debt And Capital Lease Obligation 179.1M 168.4M 76.4M 17.1M
Total Non Current Liabilities Net Minority Interest 179.1M 168.4M 76.4M 17.5M
Total Liabilities Net Minority Interest 186.8M 175.3M 81.5M 19.3M
Common Stock 164.8M 168.4M 172.9M 168.9M
Capital Stock 164.8M 168.4M 172.9M 168.9M
Additional Paid In Capital 5.0M 4.8M 4.4M 3.2M
Retained Earnings -26.0M -24.0M -19.1M -13.7M
Common Stock Equity 143.8M 149.2M 158.2M 158.3M
Stockholders Equity 143.8M 149.2M 158.2M 158.3M
Total Equity Gross Minority Interest 143.8M 149.2M 158.2M 158.3M
Total Capitalization 322.9M 317.6M 234.5M 175.5M
Net Tangible Assets 143.8M 149.2M 158.2M 158.3M
Tangible Book Value 143.8M 149.2M 158.2M 158.3M
Working Capital 1.1M 6.7M 19.6M 21.0M
Invested Capital 322.9M 317.6M 234.5M 175.5M
Total Debt 179.1M 168.4M 76.4M 17.1M
Net Debt 173.6M 157.9M 56.9M --
Share Issued 223.1M 227.9M 234.1M 234.5M
Ordinary Shares Number 223.1M 227.9M 234.1M 234.5M
Current Deferred Liabilities 2.1M 1.9M 1.4M 116,979
Derivative Product Liabilities -- 2.0M 0.00 --
Duefrom Related Parties Current -- -- 0.00 36,515
Interest Payable 808,589 54,443 73,632 56,328
Investment Properties 296.8M 288.4M 201.4M 140.2M
Investmentsin Associatesat Cost 620,344 620,344 620,344 620,344
Investmentsin Joint Venturesat Cost 9.1M 9.5M 11.2M 12.6M
Leases 11.8M 9.7M 0.00 --
Non Current Accounts Receivable 3.5M 2.7M 1.8M 1.4M
Non Current Deferred Liabilities -- -- 1.1M 380,650
Non Current Deferred Revenue -- -- 1.1M 380,650
Other Receivables 1.4M 314,761 597,032 461,606
Properties 12.0M 9.8M 0.00 --
Restricted Cash 0.00 500,000 3.0M 0.00
Taxes Receivable 93,898 289,924 327,276 248,069
Total Tax Payable -- -- -- 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 15.7M 15.0M 1.6M 2.2M
Cash Flow From Continuing Operating Activities 15.7M 15.0M 1.6M 2.2M
Depreciation And Amortization 8.7M 7.7M 4.6M 2.0M
Depreciation Amortization Depletion 8.7M 7.7M 4.6M 2.0M
Stock Based Compensation 204,126 455,936 1.2M 3.2M
Change In Working Capital -195,392 3.2M -2.6M -51,904
Changes In Account Receivables -1.6M -607,641 -348,079 -756,750
Change In Receivables -1.6M -607,641 -348,079 -756,750
Change In Payables And Accrued Expense 751,998 1.3M 1.9M 757,433
Change In Payable 751,998 1.3M 1.9M 757,433
Other Non Cash Items 6.9M 8.8M 4.0M 1.3M
Purchase Of Business -- 0.00 -557,692 -172,456
Investing Cash Flow -19.6M -103.5M -39.7M -99.7M
Cash Flow From Continuing Investing Activities -19.6M -103.5M -39.7M -99.7M
Issuance Of Debt 10.9M 101.2M 47.0M 0.00
Repayment Of Debt -1.1M -8.8M -782,742 -8.8M
Net Issuance Payments Of Debt 9.8M 92.5M 46.2M -8.8M
Issuance Of Capital Stock -- -- 0.00 125.3M
Repurchase Of Capital Stock -2.8M -4.3M -8.0M 0.00
Net Common Stock Issuance -2.8M -4.3M -8.0M 125.3M
Common Stock Payments -2.8M -4.3M -8.0M 0.00
Financing Cash Flow -1.3M 79.3M 35.8M 110.2M
Cash Flow From Continuing Financing Activities -1.3M 79.3M 35.8M 110.2M
Effect Of Exchange Rate Changes 105,747 200,508 -17,724 -3,320
Changes In Cash -5.2M -9.1M -2.3M 12.7M
Beginning Cash Position 10.6M 19.5M 21.8M 9.1M
End Cash Position 5.5M 10.6M 19.5M 21.8M
Free Cash Flow 15.7M 15.0M 1.6M 2.2M
Income Tax Paid Supplemental Data 219,163 0.00 319.00 198,291
Interest Paid Supplemental Data 0.00 669,665 0.00 --
Cash Dividends Paid 0.00 0.00 0.00 0.00
Change In Account Payable 751,998 1.3M 1.9M 757,433
Change In Prepaid Assets 653,027 2.5M -4.2M -52,587
Common Stock Issuance -- -- 0.00 125.3M
Depreciation 8.7M 7.7M 4.6M 2.0M
Dividends Received Cfi 0.00 2.4M 2.2M 0.00
Earnings Losses From Equity Investments 431,812 -795,447 -198,775 289,233
Gain Loss On Investment Securities 2.2M 879,972 -1.9M -515,703
Interest Paid Cff -8.3M -8.2M -2.0M -752,387
Long Term Debt Issuance 10.9M 101.2M 47.0M 0.00
Long Term Debt Payments -1.1M -8.8M -782,742 -8.8M
Net Business Purchase And Sale -- 0.00 -557,692 -172,456
Net Foreign Currency Exchange Gain Loss 335,165 -126,904 -77,353 5,303
Net Income From Continuing Operations -2.8M -5.1M -3.5M -4.0M
Net Investment Properties Purchase And Sale -19.6M -105.9M -41.3M -99.5M
Net Long Term Debt Issuance 9.8M 92.5M 46.2M -8.8M
Net Other Financing Charges -63,769 -666,318 -367,408 -5.6M
Operating Gains Losses 2.9M -42,379 -2.1M -221,167
Proceeds From Stock Option Exercised -- -- 0.00 71,000
Purchase Of Investment Properties -19.6M -105.9M -41.3M -99.5M
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