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Pool Safe 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 1.4M 960,408 706,918 254,939
Operating Revenue 1.4M 960,408 706,918 254,939
Cost Of Revenue 795,051 613,716 394,794 424,793
Gross Profit 598,263 346,692 312,124 -169,854
Selling General And Administration 885,928 830,972 781,805 313,370
General And Administrative Expense 792,942 731,499 694,641 291,957
Depreciation And Amortization In Income Statement 35,434 13,804 20,497 37,693
Other Operating Expenses 14,896 26,918 30,429 -124,358
Operating Expense 936,258 871,694 832,731 226,705
Operating Income -337,995 -525,002 -520,607 -396,559
EBIT -327,976 -520,318 -521,304 -395,787
Interest Expense 510,111 355,092 192,382 223,075
Interest Expense Non Operating 510,111 355,092 192,382 223,075
Net Interest Income -510,111 -355,092 -192,382 -223,075
Other Income Expense 10,019 4,684 -697.00 772.00
Special Income Charges -- -- -- 0.00
Gain On Sale Of Security 10,019 4,684 -697.00 772.00
Pretax Income -838,087 -875,410 -713,686 -618,862
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -838,087 -875,410 -713,686 -618,862
Net Income From Continuing Operation Net Minority Interest -838,087 -875,410 -713,686 -618,862
Net Income Including Noncontrolling Interests -838,087 -875,410 -713,686 -618,862
Net Income Common Stockholders -838,087 -875,410 -713,686 -618,862
Net Income -838,087 -875,410 -713,686 -618,862
EBITDA 66,124 -218,062 -362,996 -282,683
Normalized EBITDA 56,105 -222,746 -362,299 -283,455
Reconciled Depreciation 394,100 302,256 158,308 113,104
Basic EPS -0.01 -0.01 -0.01 -0.01
Diluted EPS -0.01 -0.01 -0.01 -0.01
Basic Average Shares 91.0M 89.9M 89.2M 81.5M
Diluted Average Shares 91.0M 89.9M 89.2M 81.5M
Total Unusual Items 10,019 4,684 -697.00 772.00
Total Unusual Items Excluding Goodwill 10,019 4,684 -697.00 772.00
Tax Rate For Calcs 0.00 0.00 0.00 0.00
Normalized Income -848,106 -880,094 -712,989 -619,634
Depreciation Amortization Depletion Income Statement 35,434 13,804 20,497 37,693
Diluted NI Availto Com Stockholders -838,087 -875,410 -713,686 -618,862
Impairment Of Capital Assets -- -- -- 0.00
Net Income Continuous Operations -838,087 -875,410 -713,686 -618,862
Net Non Operating Interest Income Expense -510,111 -355,092 -192,382 -223,075
Other Gand A 729,998 638,738 639,058 291,957
Reconciled Cost Of Revenue 436,385 325,264 256,983 349,382
Salaries And Wages 62,944 92,761 55,583 0.00
Selling And Marketing Expense 92,986 99,473 87,164 21,413
Total Expenses 1.7M 1.5M 1.2M 651,498
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 156,031 306,441 221,096 28,906
Cash Cash Equivalents And Short Term Investments 156,031 306,441 221,096 28,906
Accounts Receivable 58,128 31,444 17,339 20,723
Receivables 67,105 33,288 33,343 31,058
Inventory 297,265 447,252 210,532 196,786
Prepaid Assets 2,237 0.00 0.00 --
Current Assets 522,638 786,981 464,971 256,750
Gross PPE 1.9M 1.5M 1.2M 981,675
Accumulated Depreciation -886,648 -726,402 -440,770 -364,889
Net PPE 1.1M 733,201 755,933 616,786
Goodwill And Other Intangible Assets -- 629,689 599,793 407,008
Other Intangible Assets -- 629,689 599,793 407,008
Total Non Current Assets 1.1M 733,201 755,933 616,786
Total Assets 1.6M 1.5M 1.2M 873,536
Current Debt 2.4M 1.0M 993,399 1.1M
Current Debt And Capital Lease Obligation 2.5M 1.0M 1.0M 1.1M
Accounts Payable 60,169 112,088 41,747 97,413
Payables 60,169 112,088 41,747 97,413
Payables And Accrued Expenses 194,551 182,597 258,006 202,301
Current Accrued Expenses 134,382 70,509 216,259 104,888
Current Liabilities 2.7M 1.2M 1.3M 1.3M
Long Term Debt -- 1.9M 902,990 --
Long Term Debt And Capital Lease Obligation 27,692 1.9M 948,327 77,687
Long Term Capital Lease Obligation 27,692 0.00 45,337 77,687
Total Non Current Liabilities Net Minority Interest 27,692 1.9M 948,327 77,687
Total Liabilities Net Minority Interest 2.7M 3.1M 2.2M 1.4M
Common Stock 5.4M 4.1M 4.0M 4.0M
Capital Stock 5.4M 4.1M 4.0M 4.0M
Retained Earnings -7.4M -6.5M -5.7M -5.0M
Gains Losses Not Affecting Retained Earnings 541,570 486,126 393,365 337,782
Common Stock Equity -1.1M -1.6M -1.0M -497,878
Stockholders Equity -1.1M -1.6M -1.0M -497,878
Total Equity Gross Minority Interest -1.1M -1.6M -1.0M -497,878
Total Capitalization -1.1M 288,839 -109,302 -497,878
Net Tangible Assets -1.1M -1.6M -1.0M -497,878
Tangible Book Value -1.1M -1.6M -1.0M -497,878
Working Capital -2.2M -444,362 -819,898 -1.0M
Invested Capital 1.3M 1.3M 884,097 557,193
Total Debt 2.5M 2.9M 2.0M 1.2M
Net Debt 2.3M 2.6M 1.7M 1.0M
Share Issued 113.6M 90.0M 89.2M 89.2M
Ordinary Shares Number 113.6M 90.0M 89.2M 89.2M
Allowance For Doubtful Accounts Receivable 0.00 0.00 0.00 -2,442
Buildings And Improvements -- -- -- 194,891
Capital Lease Obligations 103,029 38,746 78,801 114,042
Current Capital Lease Obligation 75,337 38,746 33,464 36,355
Current Notes Payable -- -- 0.00 20,000
Finished Goods 0.00 0.00 0.00 0.00
Gross Accounts Receivable 58,128 31,444 17,339 23,165
Leases 0.00 14,145 14,145 14,145
Line Of Credit -- -- -- 1.0M
Machinery Furniture Equipment 5,573 5,573 5,573 5,573
Other Current Borrowings 2.4M 1.0M 993,399 1.0M
Other Equity Interest 330,392 426,724 221,899 136,269
Other Properties 1.9M 1.4M 1.2M 961,957
Properties 0.00 0.00 0.00 0.00
Raw Materials 297,265 447,252 210,532 196,786
Taxes Receivable 8,977 1,844 16,004 10,335
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 56,229 -590,057 -298,406 -325,794
Cash Flow From Continuing Operating Activities 56,229 -590,057 -298,406 -325,794
Depreciation And Amortization 394,100 302,256 158,308 113,104
Depreciation Amortization Depletion 394,100 302,256 158,308 113,104
Stock Based Compensation 62,944 92,761 55,583 0.00
Change In Working Capital 190,170 -290,823 38,786 35,977
Change In Receivables -33,817 55.00 -2,285 44.00
Change In Inventory 149,987 -236,720 -13,746 -64,954
Change In Payables And Accrued Expense 74,000 -54,158 54,817 100,887
Change In Payable 74,000 -54,158 54,817 100,887
Other Non Cash Items 183,277 100,057 40,839 98,646
Capital Expenditure -628,320 -360,625 -419,220 -302,778
Purchase Of PPE -628,320 -360,625 -419,220 -302,778
Net PPE Purchase And Sale -628,320 -360,625 -419,220 -302,778
Investing Cash Flow -628,320 -360,625 -419,220 -302,778
Cash Flow From Continuing Investing Activities -628,320 -360,625 -419,220 -302,778
Issuance Of Debt 797,575 1.4M 1.3M 799,400
Repayment Of Debt -1.5M -381,508 -372,203 -176,664
Net Issuance Payments Of Debt -745,569 1.0M 966,428 622,736
Issuance Of Capital Stock -- -- -- 0.00
Net Common Stock Issuance -- -- -- 0.00
Financing Cash Flow 421,681 1.0M 909,816 622,736
Cash Flow From Continuing Financing Activities 421,681 1.0M 909,816 622,736
Changes In Cash -150,410 85,345 192,190 -5,836
Beginning Cash Position 306,441 221,096 28,906 34,742
End Cash Position 156,031 306,441 221,096 28,906
Free Cash Flow -572,091 -950,682 -717,626 -628,572
Interest Paid Supplemental Data 331,578 255,035 151,543 124,429
Asset Impairment Charge -- -- -- 0.00
Change In Account Payable 74,000 -54,158 54,817 100,887
Change In Prepaid Assets 0.00 0.00 -- 0.00
Common Stock Issuance -- -- -- 0.00
Depreciation 394,100 302,256 158,308 113,104
Gain Loss On Sale Of PPE 83,825 81,102 121,764 45,341
Long Term Debt Issuance 797,575 1.4M 1.3M 279,400
Long Term Debt Payments -753,144 -381,508 -285,703 -176,664
Net Income From Continuing Operations -838,087 -875,410 -713,686 -618,862
Net Long Term Debt Issuance 44,431 1.0M 986,428 102,736
Net Other Financing Charges -- -- -56,612 --
Net Short Term Debt Issuance -790,000 0.00 -20,000 520,000
Operating Gains Losses 63,825 81,102 121,764 45,341
Proceeds From Stock Option Exercised 1.2M 0.00 -- --
Short Term Debt Issuance 797,575 0.00 66,500 520,000
Short Term Debt Payments -790,000 0.00 -86,500 0.00
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