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Richards Group Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Total Revenue 110.1M 100.7M 104.8M 97.7M 107.4M
Operating Revenue 110.1M 100.7M 104.8M 97.7M 107.4M
Cost Of Revenue 90.3M 82.7M 83.5M 79.7M 87.0M
Gross Profit 19.8M 18.0M 21.4M 18.0M 20.4M
Selling General And Administration 8.9M 11.3M 8.7M 5.9M 6.2M
General And Administrative Expense 8.9M 11.3M 8.7M 5.9M 6.2M
Operating Expense 8.9M 11.3M 8.7M 5.9M 6.2M
Operating Income 10.9M 6.7M 12.6M 12.1M 14.2M
EBIT 8.0M 7.7M 12.5M 10.6M 16.5M
Interest Expense 1.1M 722,000 127,000 538,000 563,000
Interest Expense Non Operating 1.1M 722,000 127,000 538,000 563,000
Net Interest Income -1.1M -722,000 -536,000 -538,000 -563,000
Other Income Expense -2.9M 989,000 316,000 -1.5M 2.3M
Gain On Sale Of Security -3.0M 944,000 1.1M -1.5M 2.3M
Earnings From Equity Interest 77,000 45,000 33,000 -40,000 -6,000
Pretax Income 6.9M 7.0M 12.4M 10.1M 16.0M
Tax Provision 3.4M 1.9M 3.8M 3.1M 4.2M
Tax Effect Of Unusual Items -442,500 253,265 85,993 -459,663 610,276
Net Income From Continuing And Discontinued Operation 3.5M 5.1M 8.6M 6.9M 11.8M
Net Income From Continuing Operation Net Minority Interest 3.5M 5.1M 8.6M 6.9M 11.8M
Net Income Including Noncontrolling Interests 3.5M 5.1M 8.6M 6.9M 11.8M
Net Income Common Stockholders 3.5M 5.1M 8.6M 6.9M 11.8M
Net Income 3.5M 5.1M 8.6M 6.9M 11.8M
EBITDA 12.8M 12.1M 16.2M 14.1M 19.5M
Normalized EBITDA 15.7M 11.1M 15.9M 15.5M 17.2M
Reconciled Depreciation 4.7M 4.4M 3.6M 3.5M 3.0M
Basic EPS 0.32 0.47 -- 0.63 1.08
Diluted EPS 0.32 0.36 -- 0.63 0.83
Basic Average Shares 11.0M 11.0M -- 11.0M 11.0M
Diluted Average Shares 11.4M 11.4M -- 11.0M 11.4M
Total Unusual Items -3.0M 944,000 283,000 -1.5M 2.3M
Total Unusual Items Excluding Goodwill -3.0M 944,000 283,000 -1.5M 2.3M
Tax Rate For Calcs 0.15 0.27 0.30 0.31 0.26
Normalized Income 6.0M 4.4M 8.4M 7.9M 10.1M
Diluted NI Availto Com Stockholders 3.5M 5.1M 8.6M 6.9M 11.8M
Net Income Continuous Operations 3.5M 5.1M 8.6M 6.9M 11.8M
Net Non Operating Interest Income Expense -1.1M -722,000 -536,000 -538,000 -563,000
Other Gand A 8.9M 11.3M 8.7M 5.9M 6.2M
Reconciled Cost Of Revenue 90.3M 82.7M 83.5M 79.7M 87.0M
Total Expenses 99.2M 94.0M 92.2M 85.6M 93.2M
Total Operating Income As Reported 10.9M 6.7M 11.8M 12.1M 14.2M
Line Item Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 2.6M -68,000 6.2M 1.1M 4.8M
Cash Cash Equivalents And Short Term Investments 2.6M -68,000 6.2M 1.1M 4.8M
Cash Financial 2.6M -68,000 6.2M 1.1M 4.8M
Accounts Receivable 57.7M 50.9M 52.9M 52.7M 54.6M
Receivables 57.7M 50.9M 53.2M 52.7M 54.6M
Inventory 104.8M 78.0M 78.2M 74.4M 72.2M
Prepaid Assets 7.6M 7.2M 5.5M 8.5M 9.0M
Current Assets 172.7M 136.1M 143.2M 136.7M 140.6M
Gross PPE 50.6M 39.6M 66.2M 40.2M 33.2M
Accumulated Depreciation -- -- -24.0M -- --
Net PPE 50.6M 39.6M 42.2M 40.2M 33.2M
Goodwill 133.8M 122.6M 116.9M 114.1M 114.3M
Goodwill And Other Intangible Assets 194.2M 159.8M 145.3M 142.9M 143.8M
Other Intangible Assets 60.4M 37.2M 28.3M 28.7M 29.5M
Investments And Advances 647,000 570,000 525,000 492,000 532,000
Total Non Current Assets 245.5M 200.0M 188.0M 183.5M 177.5M
Total Assets 418.1M 336.1M 331.3M 320.2M 318.1M
Current Debt And Capital Lease Obligation -- -- 9.1M -- --
Accounts Payable 75.6M 61.2M 44.6M 66.3M 69.3M
Payables 84.4M 65.2M 51.8M 69.0M 73.3M
Payables And Accrued Expenses 84.4M 65.2M 63.2M 69.0M 73.3M
Current Accrued Expenses -- -- 11.4M -- --
Current Deferred Revenue -- -- 2.6M -- --
Other Current Liabilities 15.0M 12.2M 13.3M 14.6M 13.3M
Current Liabilities 99.5M 77.4M 88.2M 83.6M 86.5M
Long Term Debt 63.6M 15.0M -- 4.0M 7.0M
Long Term Debt And Capital Lease Obligation 101.9M 44.4M 31.7M 36.0M 33.1M
Long Term Capital Lease Obligation 38.2M 29.4M 31.7M 32.0M 26.1M
Other Non Current Liabilities -- -- 985,000 -- --
Total Non Current Liabilities Net Minority Interest 116.8M 53.1M 39.0M 42.5M 39.7M
Total Liabilities Net Minority Interest 216.3M 130.5M 127.2M 126.1M 126.2M
Common Stock 0.00 0.00 0.00 0.00 0.00
Capital Stock 0.00 0.00 0.00 0.00 0.00
Retained Earnings 182.1M 182.2M 180.7M 175.7M 172.4M
Gains Losses Not Affecting Retained Earnings 19.7M 23.3M 23.3M 18.4M 19.5M
Other Equity Adjustments -- -- 23.3M -- --
Common Stock Equity 201.8M 205.5M 204.0M 194.1M 191.9M
Stockholders Equity 201.8M 205.5M 204.0M 194.1M 191.9M
Total Equity Gross Minority Interest 201.8M 205.5M 204.0M 194.1M 191.9M
Total Capitalization 265.4M 220.5M 204.0M 198.1M 198.9M
Net Tangible Assets 7.6M 45.7M 58.8M 51.2M 48.1M
Tangible Book Value 7.6M 45.7M 58.8M 51.2M 48.1M
Working Capital 73.2M 58.7M 55.0M 53.1M 54.1M
Invested Capital 265.4M 220.5M 204.0M 198.1M 198.9M
Total Debt 101.9M 44.4M 40.8M 36.0M 33.1M
Net Debt 61.0M 15.1M -- 2.9M 2.2M
Share Issued 11.0M 11.0M 11.0M 11.0M 11.0M
Ordinary Shares Number 11.0M 11.0M 11.0M 11.0M 11.0M
Accrued Interest Receivable -- -- 0.00 -- --
Allowance For Doubtful Accounts Receivable -- -- -1.2M -- --
Buildings And Improvements -- -- 4.4M -- --
Capital Lease Obligations 38.2M 29.4M 40.8M 32.0M 26.1M
Current Capital Lease Obligation -- -- 9.1M -- --
Current Deferred Assets -- -- 185,000 -- --
Current Deferred Liabilities -- -- 2.6M -- --
Dividends Payable 1.3M 1.3M 1.3M 1.3M 1.3M
Dueto Related Parties Current 9.1M 3.7M 2.4M 2.7M 2.7M
Finished Goods -- -- 85.3M -- --
Foreign Currency Translation Adjustments 19.7M 23.3M -- 18.4M --
Gross Accounts Receivable -- -- 54.1M -- --
Income Tax Payable -1.5M -1.0M 366,000 -1.3M -8,000
Inventories Adjustments Allowances -- -- -7.6M -- --
Leases -- -- 55.2M -- --
Machinery Furniture Equipment -- -- 1.5M -- --
Non Current Deferred Liabilities 15.0M 8.8M 6.3M 6.5M 6.6M
Non Current Deferred Taxes Liabilities 15.0M 8.8M 6.3M 6.5M 6.6M
Other Payable -- -- 1.5M -- --
Other Properties 50.6M 39.6M 5.2M 40.2M 33.2M
Other Receivables -- -- 244,000 -- --
Properties -- -- 0.00 -- --
Raw Materials -- -- 438,000 -- --
Total Tax Payable -1.5M -1.0M 2.0M -1.3M -8,000
Unrealized Gain Loss -- -- -- -- 19.5M
Line Item Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow 11.2M 128,000 16.0M 6.9M 14.2M
Cash Flow From Continuing Operating Activities 11.2M 128,000 16.0M 6.9M 14.2M
Depreciation And Amortization 4.7M 4.4M 3.6M 3.5M 3.0M
Depreciation Amortization Depletion 4.7M 4.4M 3.6M 3.5M 3.0M
Change In Working Capital -263,000 -7.5M 3.7M -4.2M 952,000
Changes In Account Receivables -2.8M 2.5M 237,000 1.8M -2.1M
Change In Receivables -2.8M 2.5M 237,000 1.8M -2.1M
Change In Inventory -2.9M 1.5M -1.7M -2.6M -2.3M
Change In Payables And Accrued Expense 6.4M -10.1M 2.2M -3.9M 5.5M
Capital Expenditure -1.3M -111,000 -828,000 -530,000 -244,000
Purchase Of PPE -974,000 -98,000 -185,000 -350,000 -220,000
Net PPE Purchase And Sale -974,000 -98,000 -185,000 -350,000 -220,000
Purchase Of Business -49.1M -13.4M 0.00 -446,000 -3.6M
Investing Cash Flow -50.6M -14.5M -828,000 -976,000 -3.8M
Cash Flow From Continuing Investing Activities -50.6M -14.5M -828,000 -976,000 -3.8M
Issuance Of Debt 54.8M 15.0M -- -- 0.00
Repayment Of Debt -8.6M -3.0M -6.5M -5.3M -6.2M
Net Issuance Payments Of Debt 46.2M 12.0M -6.5M -5.3M -6.2M
Financing Cash Flow 41.7M 8.2M -10.4M -9.2M -10.1M
Cash Flow From Continuing Financing Activities 41.7M 8.2M -10.4M -9.2M -10.1M
Effect Of Exchange Rate Changes 375,000 -114,000 248,000 -377,000 -101,000
Changes In Cash 2.3M -6.1M 4.8M -3.3M 246,000
Beginning Cash Position -68,000 6.2M 1.1M 4.8M 4.6M
End Cash Position 2.6M -68,000 6.2M 1.1M 4.8M
Free Cash Flow 9.8M 17,000 15.2M 6.4M 14.0M
Amortization Cash Flow 1.5M 1.2M 1.3M 923,000 525,000
Amortization Of Intangibles 1.5M 1.2M 1.3M 923,000 525,000
Cash Dividends Paid -3.8M -3.8M -3.8M -3.8M -3.8M
Change In Prepaid Assets -953,000 -1.4M 2.9M 496,000 -218,000
Depreciation 3.2M 3.2M 2.4M 2.5M 2.5M
Interest Paid Cff -715,000 -59,000 -83,000 -144,000 -115,000
Long Term Debt Issuance 54.8M 15.0M -- -- 0.00
Long Term Debt Payments -8.6M -3.0M -6.5M -5.3M -6.2M
Net Business Purchase And Sale -49.1M -13.4M 0.00 -446,000 -3.6M
Net Income From Continuing Operations 10.9M 6.7M 11.8M 12.1M 14.2M
Net Intangibles Purchase And Sale -375,000 -13,000 -643,000 -180,000 -24,000
Net Long Term Debt Issuance 46.2M 12.0M -6.5M -5.3M -6.2M
Net Other Investing Changes -80,000 -970,000 -- -- --
Purchase Of Intangibles -375,000 -13,000 -643,000 -180,000 -24,000
Taxes Refund Paid -4.2M -3.5M -2.4M -4.5M -3.9M
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