Pond Technologies Holdings Inc.
Financial Statements (IFRS) · Amounts in CAD
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 | 2.2M | 4.5M | 5.1M | 5.1M |
| Operating Revenue | 2.2M | 4.5M | 5.1M | 5.1M |
| Cost Of Revenue | 1.6M | 3.6M | 3.9M | 3.7M |
| Gross Profit | 580,000 | 993,000 | 1.3M | 1.4M |
| Selling General And Administration | 2.6M | 3.5M | 4.0M | 4.0M |
| General And Administrative Expense | 2.5M | 3.4M | 3.9M | 4.0M |
| Depreciation And Amortization In Income Statement | 448,000 | 559,000 | 556,000 | 579,000 |
| Other Operating Expenses | 356,000 | 207,000 | 602,000 | 354,000 |
| Operating Expense | 3.4M | 4.2M | 5.1M | 5.0M |
| Operating Income | -2.8M | -3.2M | -3.9M | -3.5M |
| EBIT | -2.8M | -2.9M | -3.9M | -3.7M |
| Interest Expense | 886,000 | 575,000 | 555,000 | 843,000 |
| Interest Expense Non Operating | 886,000 | 575,000 | 555,000 | 843,000 |
| Interest Income | -- | -- | 0.00 | 1,000 |
| Interest Income Non Operating | -- | -- | 0.00 | 1,000 |
| Net Interest Income | -905,000 | -596,000 | -570,000 | -863,000 |
| Other Income Expense | 38,000 | 350,000 | -17,000 | -120,000 |
| Other Non Operating Income Expenses | -- | -- | -17,000 | -- |
| Special Income Charges | 38,000 | 350,000 | -17,000 | -120,000 |
| Write Off | -- | -- | 0.00 | 120,000 |
| Pretax Income | -3.7M | -3.5M | -4.5M | -4.5M |
| Tax Provision | -- | -- | 0.00 | 822,000 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | -31,800 |
| Net Income From Continuing And Discontinued Operation | -3.7M | -3.5M | -4.5M | -5.1M |
| Net Income From Continuing Operation Net Minority Interest | -3.7M | -3.5M | -4.5M | -5.3M |
| Net Income Including Noncontrolling Interests | -3.7M | -3.5M | -4.5M | -5.1M |
| Net Income Common Stockholders | -3.7M | -3.5M | -4.5M | -5.1M |
| Net Income | -3.7M | -3.5M | -4.5M | -5.1M |
| EBITDA | -2.4M | -2.3M | -3.3M | -3.1M |
| Normalized EBITDA | -2.4M | -2.7M | -3.3M | -3.0M |
| Reconciled Depreciation | 448,000 | 559,000 | 556,000 | 579,000 |
| Basic EPS | -0.05 | -0.05 | -0.08 | -0.12 |
| Diluted EPS | -0.05 | -0.05 | -0.08 | -0.12 |
| Basic Average Shares | 77.5M | 72.8M | 57.4M | 42.5M |
| Diluted Average Shares | 77.5M | 72.8M | 57.4M | 42.5M |
| Total Unusual Items | 38,000 | 350,000 | -17,000 | -120,000 |
| Total Unusual Items Excluding Goodwill | 38,000 | 350,000 | -17,000 | -120,000 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.27 |
| Normalized Income | -3.7M | -3.8M | -4.4M | -5.3M |
| Amortization | 448,000 | 559,000 | 556,000 | 579,000 |
| Amortization Of Intangibles Income Statement | 448,000 | 559,000 | 556,000 | 579,000 |
| Depreciation Amortization Depletion Income Statement | 448,000 | 559,000 | 556,000 | 579,000 |
| Diluted NI Availto Com Stockholders | -3.7M | -3.5M | -4.5M | -5.1M |
| Gain On Sale Of Ppe | -80,000 | -3,000 | -17,000 | 0.00 |
| Impairment Of Capital Assets | 960,000 | 152,000 | 0.00 | 0.00 |
| Net Income Continuous Operations | -3.7M | -3.5M | -4.5M | -5.3M |
| Net Income Discontinuous Operations | -- | -- | 0.00 | 268,000 |
| Net Non Operating Interest Income Expense | -905,000 | -596,000 | -570,000 | -863,000 |
| Other Gand A | 791,000 | 1.3M | 2.0M | 2.1M |
| Other Special Charges | -1.1M | -505,000 | -- | -- |
| Reconciled Cost Of Revenue | 1.6M | 3.6M | 3.9M | 3.7M |
| Salaries And Wages | 1.7M | 2.1M | 1.9M | 1.9M |
| Selling And Marketing Expense | 115,000 | 27,000 | 70,000 | 55,000 |
| Total Expenses | 5.0M | 7.8M | 9.0M | 8.7M |
| Total Operating Income As Reported | -3.0M | -3.2M | -3.9M | -3.7M |
| Total Other Finance Cost | 19,000 | 21,000 | 15,000 | 21,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 22,000 | 84,000 | 196,000 | 1.1M |
| Cash Cash Equivalents And Short Term Investments | 22,000 | 84,000 | 196,000 | 1.1M |
| Cash Financial | 22,000 | 84,000 | 196,000 | 1.1M |
| Accounts Receivable | 188,000 | 810,000 | 435,000 | 409,000 |
| Receivables | 270,000 | 830,000 | 470,000 | 439,000 |
| Inventory | 235,000 | 302,000 | 385,000 | 203,000 |
| Other Current Assets | 35,000 | 94,000 | 162,000 | 177,000 |
| Current Assets | 562,000 | 1.3M | 1.2M | 2.2M |
| Gross PPE | 3.4M | 3.5M | 3.6M | 3.4M |
| Accumulated Depreciation | -2.8M | -2.5M | -2.2M | -2.0M |
| Net PPE | 623,000 | 1.0M | 1.4M | 1.3M |
| Goodwill And Other Intangible Assets | 0.00 | 1.1M | 1.4M | 1.7M |
| Other Intangible Assets | -- | 1.1M | 1.4M | 1.7M |
| Total Non Current Assets | 623,000 | 2.7M | 3.5M | 3.0M |
| Total Assets | 1.2M | 4.0M | 4.7M | 5.3M |
| Current Debt | 6.2M | 4.1M | 1.8M | 600,000 |
| Current Debt And Capital Lease Obligation | 6.3M | 4.1M | 1.9M | 685,000 |
| Accounts Payable | 1.1M | 1.5M | 818,000 | 581,000 |
| Payables | 1.1M | 1.5M | 818,000 | 581,000 |
| Payables And Accrued Expenses | 3.1M | 2.7M | 1.5M | 1.1M |
| Current Accrued Expenses | 2.0M | 1.2M | 682,000 | 538,000 |
| Current Deferred Revenue | 0.00 | 1.6M | 1.6M | 574,000 |
| Current Liabilities | 9.4M | 8.4M | 5.0M | 2.4M |
| Long Term Debt | -- | 65,000 | 1.5M | 3.4M |
| Long Term Debt And Capital Lease Obligation | 202,000 | 369,000 | 1.9M | 3.6M |
| Long Term Capital Lease Obligation | 202,000 | 304,000 | 398,000 | 176,000 |
| Total Non Current Liabilities Net Minority Interest | 202,000 | 369,000 | 1.9M | 3.6M |
| Total Liabilities Net Minority Interest | 9.6M | 8.8M | 6.9M | 6.0M |
| Common Stock | 44.5M | 44.4M | 39.1M | 36.6M |
| Capital Stock | 44.5M | 44.4M | 39.1M | 36.6M |
| Retained Earnings | -57.0M | -53.3M | -49.9M | -45.4M |
| Common Stock Equity | -8.4M | -4.8M | -2.3M | -712,000 |
| Stockholders Equity | -8.4M | -4.8M | -2.3M | -712,000 |
| Total Equity Gross Minority Interest | -8.4M | -4.8M | -2.3M | -712,000 |
| Total Capitalization | -8.4M | -4.7M | -749,000 | 2.7M |
| Net Tangible Assets | -8.4M | -5.9M | -3.6M | -2.4M |
| Tangible Book Value | -8.4M | -5.9M | -3.6M | -2.4M |
| Working Capital | -8.8M | -7.1M | -3.8M | -138,000 |
| Invested Capital | -2.2M | -654,000 | 1.1M | 3.3M |
| Total Debt | 6.5M | 4.5M | 3.8M | 4.3M |
| Net Debt | 6.1M | 4.0M | 3.2M | 3.0M |
| Share Issued | 78.1M | 76.6M | 66.1M | 47.8M |
| Ordinary Shares Number | 78.1M | 76.6M | 66.1M | 47.8M |
| Buildings And Improvements | 244,000 | 336,000 | 426,000 | 230,000 |
| Capital Lease Obligations | 306,000 | 394,000 | 470,000 | 261,000 |
| Current Capital Lease Obligation | 104,000 | 90,000 | 72,000 | 85,000 |
| Current Deferred Assets | -- | -- | 0.00 | 354,000 |
| Current Deferred Liabilities | 0.00 | 1.6M | 1.6M | 574,000 |
| Finished Goods | 72,000 | 246,000 | 378,000 | 132,000 |
| Interest Payable | 1.1M | 338,000 | 179,000 | 101,000 |
| Liabilities Heldfor Sale Non Current | -- | -- | -- | 0.00 |
| Machinery Furniture Equipment | 3.2M | 3.2M | 3.2M | 3.1M |
| Non Current Accounts Receivable | -- | -- | 647,000 | -- |
| Non Current Deferred Assets | 0.00 | 597,000 | 647,000 | 0.00 |
| Non Current Deferred Taxes Assets | -- | -- | -- | 0.00 |
| Other Current Borrowings | 6.2M | 4.1M | 1.8M | 600,000 |
| Other Equity Interest | 4.1M | 4.2M | 8.5M | 8.1M |
| Other Properties | -- | -- | 2.9M | 2.8M |
| Other Receivables | 82,000 | 20,000 | 35,000 | 30,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 163,000 | 55,000 | 6,000 | 48,000 |
| Work In Process | 0.00 | 1,000 | 1,000 | 23,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Capital Expenditure | -8,000 | -23,000 | -84,000 | -350,000 |
| Purchase Of PPE | -8,000 | -23,000 | -81,000 | -77,000 |
| Net PPE Purchase And Sale | -8,000 | -23,000 | -81,000 | -77,000 |
| Investing Cash Flow | -8,000 | -23,000 | -84,000 | -350,000 |
| Cash Flow From Continuing Investing Activities | -8,000 | -23,000 | -84,000 | -350,000 |
| Issuance Of Debt | 0.00 | 800,000 | 0.00 | 0.00 |
| Repayment Of Debt | -163,000 | -1.5M | -846,000 | -977,000 |
| Net Issuance Payments Of Debt | -163,000 | -675,000 | -846,000 | -977,000 |
| Issuance Of Capital Stock | 0.00 | 406,000 | 2.4M | 5.3M |
| Net Common Stock Issuance | 0.00 | 406,000 | 2.4M | 5.3M |
| Financing Cash Flow | 1.9M | 1.2M | 1.6M | 4.4M |
| Cash Flow From Continuing Financing Activities | 1.9M | 1.2M | 1.6M | 4.4M |
| Changes In Cash | -62,000 | -112,000 | -871,000 | 911,000 |
| Beginning Cash Position | 84,000 | 196,000 | 1.1M | 156,000 |
| End Cash Position | 22,000 | 84,000 | 196,000 | 1.1M |
| Free Cash Flow | -2.0M | -1.3M | -2.4M | -3.5M |
| Cash Flowsfromusedin Operating Activities Direct | -2.0M | -1.2M | -2.4M | -3.1M |
| Cash From Discontinued Financing Activities | -- | -- | -- | 0.00 |
| Cash From Discontinued Investing Activities | -- | -- | -- | 0.00 |
| Classesof Cash Payments | -4.7M | -5.3M | -8.2M | -8.4M |
| Classesof Cash Receiptsfrom Operating Activities | 2.7M | 4.1M | 6.1M | 6.2M |
| Common Stock Issuance | 0.00 | 406,000 | 2.4M | 5.3M |
| Interest Paid Direct | 0.00 | -48,000 | -337,000 | -925,000 |
| Interest Received Direct | 1,000 | 1,000 | 0.00 | 1,000 |
| Long Term Debt Issuance | 0.00 | 800,000 | 0.00 | 0.00 |
| Long Term Debt Payments | -163,000 | -1.5M | -846,000 | -977,000 |
| Net Intangibles Purchase And Sale | -- | 0.00 | -3,000 | -273,000 |
| Net Long Term Debt Issuance | -163,000 | -675,000 | -846,000 | -977,000 |
| Net Other Financing Charges | 2.1M | 1.4M | -- | -- |
| Paymentsto Suppliersfor Goodsand Services | -4.7M | -5.3M | -8.2M | -8.4M |
| Purchase Of Intangibles | -- | 0.00 | -3,000 | -273,000 |
| Receiptsfrom Customers | 2.7M | 4.1M | 6.1M | 6.2M |