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Pine Cliff Energy Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 39.6M 43.4M 50.9M 48.5M 44.8M
Operating Revenue 39.6M 43.4M 50.9M 48.5M 44.8M
Cost Of Revenue 13.4M 15.0M 16.5M 17.5M 16.3M
Gross Profit 26.2M 28.3M 34.3M 30.9M 28.5M
Selling General And Administration 2.4M 3.6M 3.5M 3.3M 2.9M
General And Administrative Expense 2.4M 3.6M 3.5M 3.3M 2.9M
Other Operating Expenses 31.5M 31.8M 31.8M 32.8M 32.0M
Operating Expense 33.9M 35.5M 35.4M 36.1M 34.9M
Operating Income -7.7M -7.2M -1.0M -5.2M -6.5M
EBIT -6.3M -7.2M -1.0M -5.0M -6.5M
Interest Expense 1.3M 2.0M 2.0M 2.4M 2.0M
Interest Expense Non Operating 1.3M 2.0M 2.0M 2.4M 2.0M
Interest Income -- -- -- 0.00 0.00
Interest Income Non Operating -- -- -- 0.00 0.00
Net Interest Income -1.3M -2.0M -2.0M -2.4M -2.0M
Other Income Expense 1.4M -- -- 150,000 --
Special Income Charges 1.1M 0.00 -- 150,000 0.00
Gain On Sale Of Security 356,000 -- -- -- --
Pretax Income -7.6M -9.2M -3.0M -7.4M -8.4M
Tax Provision -1.6M -2.1M -260,000 -1.8M -1.6M
Tax Effect Of Unusual Items 304,798 0.00 0.00 36,360 0.00
Net Income From Continuing And Discontinued Operation -6.0M -7.1M -2.7M -5.6M -6.9M
Net Income From Continuing Operation Net Minority Interest -6.0M -7.1M -2.7M -5.6M -6.9M
Net Income Including Noncontrolling Interests -6.0M -7.1M -2.7M -5.6M -6.9M
Net Income Common Stockholders -6.0M -7.1M -2.7M -5.6M -6.9M
Net Income -6.0M -7.1M -2.7M -5.6M -6.9M
EBITDA 4.8M 4.1M 10.6M 7.9M 7.1M
Normalized EBITDA 3.3M 4.1M 10.6M 7.8M 7.1M
Reconciled Depreciation 11.1M 11.3M 11.6M 12.9M 13.6M
Basic EPS -0.02 -0.02 -0.01 -0.02 -0.02
Diluted EPS -0.02 -0.02 -0.01 -0.02 -0.02
Basic Average Shares 358.5M 358.6M 358.2M 358.1M 358.0M
Diluted Average Shares 358.5M 358.6M 358.2M 358.1M 358.0M
Total Unusual Items 1.4M 0.00 -- 150,000 0.00
Total Unusual Items Excluding Goodwill 1.4M 0.00 -- 150,000 0.00
Tax Rate For Calcs 0.21 0.22 0.09 0.24 0.19
Normalized Income -7.1M -7.1M -2.7M -5.7M -6.9M
Diluted NI Availto Com Stockholders -6.0M -7.1M -2.7M -5.6M -6.9M
Gain On Sale Of Ppe 1.1M 0.00 -- 7.2M 0.00
Net Income Continuous Operations -6.0M -7.1M -2.7M -5.6M -6.9M
Net Non Operating Interest Income Expense -1.3M -2.0M -2.0M -2.4M -2.0M
Other Gand A 1.6M 2.8M 2.7M -6.9M 2.2M
Reconciled Cost Of Revenue 13.4M 15.0M 16.5M 17.5M 16.3M
Salaries And Wages 815,000 827,000 837,000 10.1M 696,000
Total Expenses 47.3M 50.5M 51.9M 53.6M 51.2M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash Cash Equivalents And Short Term Investments -- -- -- 0.00 0.00
Other Short Term Investments -- -- -- 0.00 0.00
Accounts Receivable 17.7M 18.5M 22.7M 23.7M 23.0M
Receivables 17.7M 18.5M 22.7M 23.7M 23.0M
Prepaid Assets 5.9M 7.5M 5.8M 5.7M 8.0M
Current Assets 23.9M 25.9M 28.6M 29.4M 31.0M
Gross PPE 841.7M 837.8M 854.1M 850.2M 888.7M
Accumulated Depreciation -580.3M -569.7M -558.8M -547.7M -528.1M
Net PPE 261.5M 268.1M 295.3M 302.5M 360.7M
Total Non Current Assets 314.8M 319.8M 344.9M 351.8M 408.2M
Total Assets 338.7M 345.8M 373.5M 381.3M 439.2M
Current Debt 3.7M 5.5M 8.6M 7.4M 5.4M
Current Debt And Capital Lease Obligation 9.2M 11.0M 18.3M 20.0M 17.2M
Payables And Accrued Expenses 36.3M 36.1M 34.5M 35.2M 41.7M
Other Current Liabilities 455,000 70,000 -- -- --
Current Liabilities 53.5M 54.6M 60.3M 62.7M 66.0M
Long Term Debt 38.0M 39.0M 35.8M 37.8M 40.6M
Long Term Debt And Capital Lease Obligation 39.7M 40.6M 37.5M 39.8M 42.8M
Long Term Capital Lease Obligation 1.6M 1.5M 1.7M 2.0M 2.2M
Other Non Current Liabilities 466,000 67,000 -- -- --
Total Non Current Liabilities Net Minority Interest 252.7M 251.8M 266.1M 264.2M 308.7M
Total Liabilities Net Minority Interest 306.2M 306.4M 326.4M 326.9M 374.7M
Common Stock 279.3M 279.3M 279.1M 279.0M 279.0M
Capital Stock 279.3M 279.3M 279.1M 279.0M 279.0M
Additional Paid In Capital 23.3M 22.8M 22.2M 21.4M 20.6M
Retained Earnings -269.8M -262.4M -253.9M -245.8M -234.9M
Gains Losses Not Affecting Retained Earnings -249,000 -249,000 -249,000 -249,000 -249,000
Other Equity Adjustments -249,000 -249,000 -249,000 -249,000 -249,000
Common Stock Equity 32.5M 39.4M 47.1M 54.3M 64.5M
Stockholders Equity 32.5M 39.4M 47.1M 54.3M 64.5M
Total Equity Gross Minority Interest 32.5M 39.4M 47.1M 54.3M 64.5M
Total Capitalization 70.6M 78.4M 82.9M 92.1M 105.1M
Net Tangible Assets 32.5M 39.4M 47.1M 54.3M 64.5M
Tangible Book Value 32.5M 39.4M 47.1M 54.3M 64.5M
Working Capital -29.6M -28.7M -31.7M -33.3M -35.1M
Invested Capital 74.2M 83.9M 91.4M 99.5M 110.4M
Total Debt 48.9M 51.6M 55.8M 59.8M 60.0M
Net Debt 41.7M 44.6M 44.4M 45.2M 46.0M
Share Issued 358.8M 358.8M 358.4M 358.1M 358.1M
Ordinary Shares Number 358.8M 358.8M 358.4M 358.1M 358.1M
Capital Lease Obligations 3.0M 2.8M 3.0M 3.3M 3.5M
Current Capital Lease Obligation 1.4M 1.3M 1.3M 1.3M 1.3M
Current Provisions 7.5M 7.5M 7.5M 7.5M 7.1M
Hedging Assets Current 340,000 -- -- -- --
Line Of Credit 3.7M 5.5M 8.6M 7.4M --
Long Term Provisions 212.6M 211.2M 228.6M 224.4M 265.9M
Non Current Deferred Assets 53.3M 51.7M 49.6M 49.4M 47.6M
Non Current Deferred Taxes Assets 53.3M 51.7M 49.6M 49.4M 47.6M
Other Current Borrowings -- -- -- -- 5.4M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 6.8M 7.7M 11.5M 518,000 8.1M
Cash Flow From Continuing Operating Activities 6.8M 7.7M 11.5M 518,000 8.1M
Depreciation Amortization Depletion 11.1M 11.3M 11.6M 12.9M 13.6M
Stock Based Compensation 815,000 827,000 837,000 956,000 696,000
Deferred Tax -1.6M -2.1M -260,000 -1.8M -1.6M
Deferred Income Tax -1.6M -2.1M -260,000 -1.8M -1.6M
Change In Working Capital 2.5M 3.9M 137,000 -4.7M 1.5M
Changes In Account Receivables -- -- 960,000 -- --
Change In Receivables -- -- 960,000 -- --
Change In Payables And Accrued Expense -- -- -695,000 -- --
Other Non Cash Items 1.8M 2.9M 3.7M 1.2M 2.6M
Capital Expenditure -2.5M -2.3M -1.2M -32,000 -901,000
Purchase Of PPE -2.5M -2.3M -1.2M -32,000 -901,000
Net PPE Purchase And Sale -2.5M -2.3M -951,000 -332,000 -901,000
Purchase Of Business -431,000 -- -- -86,000 -243,000
Sale Of Business 1.0M -- -- 6.9M 1.5M
Sale Of Investment 0.00 0.00 0.00 0.00 0.00
Net Investment Purchase And Sale 0.00 0.00 0.00 0.00 0.00
Investing Cash Flow -2.2M -2.0M -411,000 6.2M -540,000
Cash Flow From Continuing Investing Activities -2.2M -2.0M -411,000 6.2M -540,000
Issuance Of Debt -- -- 1.2M -- --
Repayment Of Debt -1.4M -1.4M -5.4M -3.3M -2.1M
Net Issuance Payments Of Debt -3.3M -4.5M -4.1M -1.3M -2.1M
Common Stock Dividend Paid -1.3M -1.3M -5.4M -5.4M -5.4M
Financing Cash Flow -4.6M -5.7M -11.1M -6.8M -7.5M
Cash Flow From Continuing Financing Activities -4.6M -5.7M -11.1M -6.8M -7.5M
Beginning Cash Position 0.00 0.00 0.00 0.00 0.00
End Cash Position 0.00 0.00 0.00 0.00 0.00
Free Cash Flow 4.3M 5.4M 10.2M 486,000 7.2M
Cash Dividends Paid -1.3M -1.3M -5.4M -5.4M -5.4M
Change In Prepaid Assets -- -- -128,000 -- --
Gain Loss On Investment Securities 478,000 -- -- -- --
Gain Loss On Sale Of PPE -- 0.00 -- -- 0.00
Interest Paid Cfo -1.2M -2.0M -1.9M -2.3M -1.9M
Long Term Debt Payments -1.4M -1.4M -5.4M -3.3M -2.1M
Net Business Purchase And Sale 611,000 -- -- 6.8M 1.3M
Net Income From Continuing Operations -6.0M -7.1M -2.7M -5.6M -6.9M
Net Investment Properties Purchase And Sale -- 0.00 0.00 -- --
Net Long Term Debt Issuance -1.4M -1.4M -5.4M 75,000 -2.1M
Net Other Financing Charges -- -- -1.6M -- --
Net Other Investing Changes -262,000 310,000 540,000 -241,000 -899,000
Net Short Term Debt Issuance -1.9M -3.1M 1.2M -- -7,000
Operating Gains Losses -600,000 -- -- -7.2M --
Proceeds From Stock Option Exercised 0.00 80,000 10,000 -110,000 0.00
Purchase Of Investment Properties -- 0.00 0.00 -- --
Sale Of PPE 0.00 4,000 292,000 -- 0.00
Short Term Debt Issuance -- -- 1.2M -- --
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