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Propel Holdings 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 416.0M 293.9M 216.6M 123.1M
Operating Revenue 416.0M 293.9M 216.6M 123.1M
Selling General And Administration 53.3M 40.2M 35.6M 26.0M
General And Administrative Expense 53.3M 40.2M 35.6M 26.0M
Depreciation And Amortization In Income Statement 5.5M 4.2M 3.4M 2.9M
Interest Expense 31.9M 22.8M 10.2M 5.8M
Interest Income 352.7M 253.3M 174.3M 19.1M
Net Interest Income 320.8M 230.5M 164.1M 13.4M
Special Income Charges -55.4M -38.6M -27.2M -23.7M
Restructuring And Mergern Acquisition 55.4M 38.6M 27.2M 23.7M
Gain On Sale Of Security -1.4M 592,947 -61,866 -312,764
Pretax Income 62.6M 38.0M 20.2M 8.1M
Tax Provision 16.2M 10.2M 5.1M 1.5M
Tax Effect Of Unusual Items -14.4M -10.4M -6.9M -4.4M
Net Income From Continuing And Discontinued Operation 46.4M 27.8M 15.1M 6.6M
Net Income From Continuing Operation Net Minority Interest 46.4M 27.8M 15.1M 6.6M
Net Income Including Noncontrolling Interests 46.4M 27.8M 15.1M 6.6M
Net Income Common Stockholders 46.4M 27.8M 15.1M 6.6M
Net Income 46.4M 27.8M 15.1M 6.6M
Reconciled Depreciation 5.5M 4.2M 3.4M 2.9M
Basic EPS 1.32 0.81 0.44 0.24
Diluted EPS 1.22 0.76 0.42 0.23
Basic Average Shares 35.1M 34.3M 34.3M 27.5M
Diluted Average Shares 38.0M 36.8M 35.7M 28.1M
Total Unusual Items -55.4M -38.6M -27.2M -23.7M
Total Unusual Items Excluding Goodwill -55.4M -38.6M -27.2M -23.7M
Tax Rate For Calcs 0.26 0.27 0.25 0.19
Normalized Income 87.4M 56.0M 35.5M 25.8M
Amortization 4.5M 3.3M 2.6M 2.1M
Amortization Of Intangibles Income Statement 4.5M 3.3M 2.6M 2.1M
Depreciation Amortization Depletion Income Statement 5.5M 4.2M 3.4M 2.9M
Depreciation Income Statement 956,375 900,756 780,105 772,482
Diluted NI Availto Com Stockholders 46.4M 27.8M 15.1M 6.6M
Net Income Continuous Operations 46.4M 27.8M 15.1M 6.6M
Other Gand A 13.9M 8.7M 8.8M 4.6M
Other Non Interest Expense 16.7M 11.0M 10.0M 7.4M
Salaries And Wages 39.5M 31.5M 26.7M 21.4M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 20.5M 13.8M 7.7M 7.2M
Cash Financial 20.5M 13.8M 7.7M 7.2M
Accounts Receivable 52.6M 36.1M 19.3M 12.0M
Receivables 64.7M 42.8M 26.0M 16.4M
Prepaid Assets 3.3M 1.9M 1.7M 1.5M
Gross PPE 6.7M 6.2M 5.8M 6.7M
Accumulated Depreciation -4.3M -4.0M -3.1M -3.8M
Net PPE 2.4M 2.2M 2.6M 3.0M
Goodwill 43.0M 0.00 -- --
Goodwill And Other Intangible Assets 69.9M 13.4M 11.5M 7.9M
Other Intangible Assets 26.9M 13.4M 11.5M 7.9M
Total Assets 551.0M 344.3M 256.7M 149.5M
Current Debt 272.0M 199.2M 148.9M 46.9M
Current Debt And Capital Lease Obligation 272.8M 200.0M 148.9M 46.9M
Accounts Payable 10.6M 4.3M 2.3M 2.7M
Payables 26.6M 15.2M 6.2M 7.1M
Payables And Accrued Expenses 63.6M 39.3M 22.4M 24.0M
Current Accrued Expenses 37.0M 24.1M 16.2M 17.0M
Long Term Debt And Capital Lease Obligation 1.5M 1.5M 2.7M 3.2M
Long Term Capital Lease Obligation 1.5M 1.5M 2.7M 3.2M
Total Liabilities Net Minority Interest 340.9M 242.7M 175.0M 74.2M
Common Stock 157.6M 79.0M 79.0M 79.0M
Capital Stock 157.6M 79.0M 79.0M 79.0M
Additional Paid In Capital 4.8M 3.7M 1.7M 419,647
Retained Earnings 51.1M 18.7M 1.0M -4.0M
Gains Losses Not Affecting Retained Earnings -3.4M 218,745 0.00 --
Other Equity Adjustments -3.4M 218,745 -- --
Common Stock Equity 210.1M 101.5M 81.6M 75.3M
Stockholders Equity 210.1M 101.5M 81.6M 75.3M
Total Equity Gross Minority Interest 210.1M 101.5M 81.6M 75.3M
Net Tangible Assets 140.2M 88.1M 70.2M 67.4M
Tangible Book Value 140.2M 88.1M 70.2M 67.4M
Invested Capital 482.1M 300.7M 230.5M 122.2M
Total Debt 274.3M 201.5M 151.6M 50.1M
Net Debt 251.5M 185.4M 141.2M 39.6M
Share Issued 38.8M 34.3M 34.3M 34.3M
Ordinary Shares Number 38.8M 34.3M 34.3M 34.3M
Capital Lease Obligations 2.3M 2.3M 2.7M 3.2M
Cash Cash Equivalents And Federal Funds Sold 62.7M 43.0M 30.3M 23.5M
Current Capital Lease Obligation 865,153 851,064 -- --
Derivative Product Liabilities 832,353 0.00 21,693 0.00
Income Tax Payable 16.0M 10.9M 3.9M 4.3M
Leases 559,914 403,070 403,070 390,770
Line Of Credit 272.0M 199.2M 148.9M 46.9M
Machinery Furniture Equipment 978,488 957,170 873,049 1.4M
Non Current Deferred Liabilities 2.2M 1.9M 1.0M 76,040
Non Current Deferred Taxes Liabilities 2.2M 1.9M 1.0M 76,040
Other Properties 5.2M 4.8M 4.5M 5.0M
Other Receivables 12.1M 6.7M 6.8M 4.4M
Total Tax Payable 16.0M 10.9M 3.9M 4.3M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -54.8M -27.2M -85.3M -51.8M
Cash Flow From Continuing Operating Activities -54.8M -27.2M -85.3M -51.8M
Depreciation And Amortization 5.5M 4.2M 3.4M 2.9M
Depreciation Amortization Depletion 5.5M 4.2M 3.4M 2.9M
Stock Based Compensation 1.9M 2.0M 1.2M 354,873
Deferred Tax -9.0M -7.9M -1.9M -3.2M
Deferred Income Tax -9.0M -7.9M -1.9M -3.2M
Change In Working Capital -21.0M -2.0M -20.2M -11.4M
Change In Receivables -5.0M 26,271 -2.4M -2.6M
Change In Payables And Accrued Expense 21.7M 17.3M -1.0M 8.7M
Change In Payable 21.7M 17.3M -- --
Change In Other Working Capital -- 6.9M -398,440 -792,610
Change In Other Current Assets -36.4M -19.0M -6.3M -8.4M
Other Non Cash Items -295.5M -210.3M -202.5M -97.6M
Capital Expenditure -6.3M -5.4M -5.3M -2.8M
Purchase Of PPE -34,787 -102,581 -182,990 -103,844
Net PPE Purchase And Sale -34,787 -102,581 -182,990 -103,844
Purchase Of Business -65.6M 0.00 -- --
Investing Cash Flow -71.9M -5.4M -5.3M -2.8M
Cash Flow From Continuing Investing Activities -71.9M -5.4M -5.3M -2.8M
Issuance Of Debt -- 55.2M 113.2M 37.1M
Repayment Of Debt -1.1M -1.1M -12.1M -40.5M
Net Issuance Payments Of Debt 71.4M 50.6M 101.1M -3.4M
Issuance Of Capital Stock 76.8M 0.00 0.00 67.7M
Net Common Stock Issuance 76.8M 0.00 0.00 67.7M
Common Stock Dividend Paid -14.0M -10.1M -10.1M -8.1M
Financing Cash Flow 134.8M 38.5M 91.0M 56.6M
Cash Flow From Continuing Financing Activities 134.8M 38.5M 91.0M 56.6M
Effect Of Exchange Rate Changes -1.3M 218,745 -- --
Changes In Cash 8.1M 5.9M 420,076 2.0M
Beginning Cash Position 13.8M 7.7M 7.2M 5.2M
End Cash Position 20.5M 13.8M 7.7M 7.2M
Free Cash Flow -61.1M -32.6M -90.6M -54.6M
Income Tax Paid Supplemental Data 9.9M 11.7M 7.5M 5.6M
Interest Paid Supplemental Data 29.9M 21.1M 8.5M 5.4M
Amortization Cash Flow 4.5M 3.3M 2.6M 2.1M
Amortization Of Intangibles 4.5M 3.3M 2.6M 2.1M
Cash Dividends Paid -14.0M -10.1M -10.1M -8.1M
Change In Account Payable 18.4M 10.4M -- --
Change In Income Tax Payable 3.3M 6.9M -- --
Change In Prepaid Assets -1.4M -210,767 -214,617 -1.0M
Change In Tax Payable 3.3M 6.9M -- --
Common Stock Issuance 76.8M 0.00 0.00 67.7M
Depreciation 959,590 900,756 780,105 772,482
Long Term Debt Issuance -- 55.2M 113.2M 37.1M
Long Term Debt Payments -1.1M -1.1M -12.1M -40.5M
Net Business Purchase And Sale -65.6M 0.00 -- --
Net Foreign Currency Exchange Gain Loss -- 218,745 0.00 --
Net Income From Continuing Operations 46.4M 27.8M 15.1M 6.6M
Net Intangibles Purchase And Sale -6.3M -5.3M -5.1M -2.7M
Net Long Term Debt Issuance 71.4M 50.6M 101.1M -3.4M
Net Other Financing Charges -460,462 -2.0M -- --
Operating Gains Losses 1.4M -592,947 61,866 312,764
Proceeds From Stock Option Exercised 1.1M 9,147 1,070 398,632
Purchase Of Intangibles -6.3M -5.3M -5.1M -2.7M
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