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Pioneering Technology Corp.

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 640,943 841,403 407,148 713,485 675,029
Operating Revenue 640,943 841,403 407,148 713,485 675,029
Cost Of Revenue 348,629 435,195 169,420 341,183 360,095
Gross Profit 292,314 406,208 237,728 372,302 314,934
Selling General And Administration 483,988 403,687 474,159 390,201 421,489
General And Administrative Expense 227,400 205,116 278,421 194,125 215,470
Research And Development 33,301 24,211 20,253 35,315 40,064
Depreciation And Amortization In Income Statement 47,697 36,528 36,253 35,750 44,675
Operating Expense 564,986 464,426 530,665 461,266 506,228
Operating Income -272,672 -58,218 -292,937 -88,964 -191,294
EBIT -243,167 -70,457 -243,943 -8,295 -242,280
Interest Expense 16,917 16,470 17,258 17,920 18,435
Interest Expense Non Operating 16,917 16,470 17,258 17,920 18,435
Interest Income 7,652 8,241 8,821 9,382 9,929
Interest Income Non Operating 7,652 8,241 8,821 9,382 9,929
Net Interest Income -9,265 -8,229 -8,437 -8,538 -8,506
Other Income Expense 21,851 -20,480 40,173 71,286 -60,915
Special Income Charges -- 0.00 0.00 -- -9,472
Gain On Sale Of Security 21,851 -20,480 40,173 71,286 -51,443
Pretax Income -260,084 -86,927 -261,201 -26,215 -260,715
Tax Provision 0.00 0.00 0.00 0.00 0.00
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -260,084 -86,927 -261,201 -26,215 -260,715
Net Income From Continuing Operation Net Minority Interest -260,084 -86,927 -261,201 -26,215 -260,715
Net Income Including Noncontrolling Interests -260,084 -86,927 -261,201 -26,215 -260,715
Net Income Common Stockholders -260,084 -86,927 -261,201 -26,215 -260,715
Net Income -260,084 -86,927 -261,201 -26,215 -260,715
EBITDA -195,470 -33,929 -207,690 27,455 -197,605
Normalized EBITDA -217,321 -13,449 -247,863 -43,831 -136,690
Reconciled Depreciation 47,697 36,528 36,253 35,750 44,675
Basic EPS -- -0.01 -0.01 0.00 --
Diluted EPS -- -0.01 -0.01 0.00 --
Basic Average Shares -- 56.0M 56.0M 56.0M --
Diluted Average Shares -- 56.0M 56.0M 56.0M --
Total Unusual Items 21,851 -20,480 40,173 71,286 -60,915
Total Unusual Items Excluding Goodwill 21,851 -20,480 40,173 71,286 -60,915
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00
Normalized Income -281,935 -66,447 -301,374 -97,501 -199,800
Amortization 1,066 1,066 1,066 1,066 1,523
Amortization Of Intangibles Income Statement 1,066 1,066 1,066 1,066 1,523
Depreciation Amortization Depletion Income Statement 47,697 36,528 36,253 35,750 44,675
Depreciation Income Statement 46,631 35,462 35,187 34,684 43,152
Diluted NI Availto Com Stockholders -260,084 -86,927 -261,201 -26,215 -260,715
Gain On Sale Of Ppe -- 0.00 0.00 -- --
Net Income Continuous Operations -260,084 -86,927 -261,201 -26,215 -260,715
Net Non Operating Interest Income Expense -9,265 -8,229 -8,437 -8,538 -8,506
Other Gand A 218,875 205,116 278,421 194,125 242,625
Reconciled Cost Of Revenue 348,629 435,195 169,420 341,183 360,095
Salaries And Wages -- -- -- -- --
Selling And Marketing Expense 256,588 198,571 195,738 196,076 206,019
Total Expenses 913,615 899,621 700,085 802,449 866,323
Total Operating Income As Reported -250,820 -78,698 -252,764 -17,677 -269,892
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 138,990 284,480 472,751 514,738 655,534
Cash Cash Equivalents And Short Term Investments 138,990 284,480 472,751 514,738 655,534
Cash Financial 138,990 284,480 472,751 514,738 655,534
Accounts Receivable 444,116 271,906 148,509 454,401 308,512
Receivables 599,242 430,470 296,916 599,537 450,446
Inventory 1.3M 1.1M 1.4M 1.6M 1.2M
Prepaid Assets 40,011 33,853 70,924 263,246 42,180
Other Current Assets -- -1.00 -- -- --
Current Assets 2.1M 1.9M 2.3M 3.0M 2.4M
Gross PPE 1.4M 1.5M 1.6M 1.6M 1.5M
Accumulated Depreciation -1.1M -1.2M -1.1M -1.1M -1.0M
Net PPE 306,120 341,349 458,237 503,105 464,290
Goodwill And Other Intangible Assets 214,945 225,548 239,732 235,761 212,669
Other Intangible Assets 214,945 225,548 239,732 235,761 212,669
Total Non Current Assets 827,124 912,990 1.1M 1.2M 1.1M
Total Assets 2.9M 2.8M 3.4M 4.1M 3.5M
Current Debt And Capital Lease Obligation 252,247 246,161 240,218 234,380 228,653
Accounts Payable 595,388 324,844 514,185 386,142 355,404
Payables 595,637 324,844 514,185 386,142 378,542
Payables And Accrued Expenses 936,196 620,358 784,787 1.1M 616,340
Current Accrued Expenses 340,559 295,514 270,602 762,863 237,798
Other Current Liabilities -- -- -- -- --
Current Liabilities 1.2M 866,519 1.0M 1.4M 844,993
Long Term Debt And Capital Lease Obligation 445,056 510,544 574,218 629,679 697,303
Long Term Capital Lease Obligation 445,056 510,544 574,218 629,679 697,303
Other Non Current Liabilities -- -1.00 -1.00 -- --
Total Non Current Liabilities Net Minority Interest 445,056 510,543 574,217 629,679 697,303
Total Liabilities Net Minority Interest 1.6M 1.4M 1.6M 2.0M 1.5M
Common Stock 18.0M 18.0M 18.0M 18.0M 18.0M
Capital Stock 18.0M 18.0M 18.0M 18.0M 18.0M
Additional Paid In Capital 71,000 72,500 72,500 541,029 541,029
Retained Earnings -16.5M -16.5M -16.1M -16.4M -16.4M
Gains Losses Not Affecting Retained Earnings -209,575 -157,415 -156,349 -9,181 -154,218
Other Equity Adjustments -209,575 -157,415 -156,349 -9,181 -154,218
Common Stock Equity 1.3M 1.4M 1.8M 2.1M 2.0M
Stockholders Equity 1.3M 1.4M 1.8M 2.1M 2.0M
Total Equity Gross Minority Interest 1.3M 1.4M 1.8M 2.1M 2.0M
Total Capitalization 1.3M 1.4M 1.8M 2.1M 2.0M
Net Tangible Assets 1.1M 1.2M 1.5M 1.9M 1.8M
Tangible Book Value 1.1M 1.2M 1.5M 1.9M 1.8M
Working Capital 918,877 1.0M 1.3M 1.6M 1.5M
Invested Capital 1.3M 1.4M 1.8M 2.1M 2.0M
Total Debt 697,303 756,705 814,436 864,059 925,956
Share Issued 56.0M 56.0M 56.0M 56.0M 56.0M
Ordinary Shares Number 56.0M 56.0M 56.0M 56.0M 56.0M
Allowance For Doubtful Accounts Receivable -- -14,937 -14,936 -14,936 --
Capital Lease Obligations 697,303 756,705 814,436 864,059 925,956
Current Capital Lease Obligation 252,247 246,161 240,218 234,380 228,653
Finished Goods 1.3M 1.1M 1.4M 1.6M 1.2M
Gross Accounts Receivable -- 286,843 163,445 469,337 --
Leases 361,734 377,390 397,666 398,026 373,407
Machinery Furniture Equipment 207,793 206,655 223,959 219,567 205,986
Non Current Accounts Receivable 306,059 346,093 385,482 423,940 461,186
Other Properties 873,203 910,997 959,942 960,812 901,381
Other Receivables 155,126 151,739 148,407 145,136 141,934
Preferred Shares Number 20.5M 20.5M 20.5M 20.5M 20.5M
Preferred Stock 1.00 1.00 1.00 1.00 1.00
Preferred Stock Equity 1.00 1.00 1.00 1.00 1.00
Properties 0.00 0.00 0.00 0.00 0.00
Taxes Receivable 0.00 6,825 -- -- 0.00
Total Tax Payable 249.00 0.00 0.00 0.00 23,138
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 -220,281 257,879 -543,862 -125,571 315,189
Cash Flow From Continuing Operating Activities -220,281 257,880 -543,862 -125,571 305,718
Depreciation And Amortization 47,697 36,528 36,253 35,750 44,675
Depreciation Amortization Depletion 47,697 36,528 36,253 35,750 44,675
Stock Based Compensation 0.00 0.00 0.00 0.00 -1.00
Change In Working Capital -38,825 299,431 -338,028 -169,856 513,862
Change In Receivables -165,386 130,221 -305,891 -145,889 339,211
Change In Inventory -183,118 296,568 139,760 -335,566 246,962
Change In Payables And Accrued Expense 315,837 -164,429 -364,218 532,665 -84,325
Other Non Cash Items 32,259 16,310 16,669 17,022 17,368
Capital Expenditure -- -3,694 -- -4,513 --
Purchase Of PPE 0.00 -3,694 -- -4,513 0.00
Net PPE Purchase And Sale 0.00 -3,694 0.00 -4,513 0.00
Investing Cash Flow 36,647 32,364 35,187 29,531 33,496
Cash Flow From Continuing Investing Activities 36,647 32,364 35,187 29,531 33,496
Repayment Of Debt -59,402 -57,732 -49,623 -61,897 -53,700
Net Issuance Payments Of Debt -59,402 -57,732 -49,623 -61,897 -53,700
Financing Cash Flow -59,402 -57,732 -49,623 -61,897 -53,700
Cash Flow From Continuing Financing Activities -59,402 -57,732 -49,623 -61,897 -53,700
Effect Of Exchange Rate Changes 97,546 -420,782 540,365 17,140 7,715
Changes In Cash -243,036 232,511 -558,298 -157,936 294,986
Beginning Cash Position 284,480 472,751 514,738 655,534 352,833
End Cash Position 138,990 284,480 496,805 514,738 655,534
Free Cash Flow -220,281 254,185 -543,862 -130,084 315,189
Interest Paid Supplemental Data 16,917 16,470 17,258 17,920 18,435
Amortization Cash Flow 1,066 1,066 1,066 1,066 1,523
Amortization Of Intangibles 1,066 1,066 1,066 1,066 1,523
Change In Prepaid Assets -6,158 37,071 192,321 -221,066 12,014
Depreciation 46,631 35,462 35,187 34,684 43,152
Long Term Debt Payments -59,402 -57,732 -49,623 -61,897 -53,700
Net Foreign Currency Exchange Gain Loss -1,328 -7,463 2,445 17,728 0.00
Net Income From Continuing Operations -260,084 -86,927 -261,201 -26,215 -260,715
Net Long Term Debt Issuance -59,402 -57,732 -49,623 -61,897 -53,700
Net Other Investing Changes 36,647 36,058 35,187 34,044 33,496
Operating Gains Losses -1,328 -7,463 2,445 17,728 0.00
Sale Of PPE -- -- 0.00 -- --
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