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Rubicon Organics Inc.

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 15.6M 15.0M 12.4M 14.2M 13.5M
Operating Revenue 19.9M 19.2M 16.1M 18.3M 17.8M
Cost Of Revenue 7.6M 9.1M 8.1M 9.1M 9.6M
Gross Profit 8.0M 5.9M 4.2M 5.1M 3.9M
Selling General And Administration 5.0M 4.9M 4.3M 4.8M 3.7M
General And Administrative Expense 4.0M 3.9M 3.6M 4.0M 3.1M
Depreciation And Amortization In Income Statement 48,955 46,804 48,059 55,042 48,478
Operating Expense 5.0M 4.9M 4.3M 4.8M 3.7M
Operating Income 3.0M 977,116 -110,792 292,368 157,675
EBIT 3.0M 946,721 -147,197 248,861 116,976
Interest Expense 172,243 173,479 174,867 296,263 285,474
Interest Expense Non Operating 172,243 173,479 174,867 296,263 285,474
Net Interest Income -172,243 -173,479 -174,867 -296,263 -285,474
Other Income Expense -10,605 -30,395 -36,405 -43,507 -40,699
Gain On Sale Of Security -10,605 -30,395 -36,405 -43,507 -40,699
Pretax Income 2.8M 773,242 -322,064 -47,402 -168,498
Tax Effect Of Unusual Items -1,591 -4,559 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation 2.8M 773,242 -322,064 -47,402 -168,498
Net Income From Continuing Operation Net Minority Interest 2.8M 773,242 -322,064 -47,402 -168,498
Net Income Including Noncontrolling Interests 2.8M 773,242 -322,064 -47,402 -168,498
Net Income Common Stockholders 2.8M 773,242 -322,064 -47,402 -168,498
Net Income 2.8M 773,242 -322,064 -47,402 -168,498
EBITDA 3.8M 1.8M 617,040 1.1M 926,578
Normalized EBITDA 3.8M 1.8M 653,445 1.1M 967,277
Reconciled Depreciation 793,210 835,434 764,237 852,366 809,602
Basic EPS 0.04 0.01 -0.01 -- 0.00
Diluted EPS 0.04 0.01 -0.01 -- 0.00
Basic Average Shares 69.8M 64.9M 58.6M -- 57.7M
Diluted Average Shares 70.9M 64.9M 60.2M -- 58.8M
Total Unusual Items -10,605 -30,395 -36,405 -43,507 -40,699
Total Unusual Items Excluding Goodwill -10,605 -30,395 -36,405 -43,507 -40,699
Tax Rate For Calcs 0.15 0.15 0.00 0.00 0.00
Normalized Income 2.8M 799,078 -285,659 -3,895 -127,799
Depreciation Amortization Depletion Income Statement 48,955 46,804 48,059 55,042 48,478
Diluted NI Availto Com Stockholders 2.8M 773,242 -322,064 -47,402 -168,498
Excise Taxes 4.2M 4.2M 3.7M 4.1M 4.3M
Net Income Continuous Operations 2.8M 773,242 -322,064 -47,402 -168,498
Net Non Operating Interest Income Expense -172,243 -173,479 -174,867 -296,263 -285,474
Other Gand A 3.5M 1.2M 869,585 -4.8M 2.6M
Reconciled Cost Of Revenue 6.8M 8.3M 7.4M 8.3M 8.9M
Salaries And Wages 462,301 2.7M 2.7M 8.8M 495,994
Selling And Marketing Expense 999,608 929,533 678,193 759,522 535,766
Total Expenses 12.6M 14.0M 12.5M 13.9M 13.3M
Total Operating Income As Reported 3.0M 977,116 -110,792 292,368 157,675
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 6.7M 7.3M 7.8M 9.9M 9.6M
Cash Cash Equivalents And Short Term Investments 6.7M 7.3M 7.8M 9.9M 9.6M
Cash Equivalents 414,575 2.0M 2.0M 2.0M 1.9M
Cash Financial 6.3M 5.3M 5.8M 7.9M 7.7M
Accounts Receivable 5.4M 6.3M 5.5M 5.6M 6.1M
Receivables 5.7M 6.6M 5.7M 5.8M 6.3M
Inventory 20.3M 16.1M 14.0M 12.6M 11.1M
Prepaid Assets 2.6M 2.1M 2.3M 2.4M 2.1M
Other Current Assets -- 430.00 -- -- 150,000
Current Assets 35.6M 32.3M 30.1M 30.7M 29.5M
Gross PPE 44.5M 43.4M 38.1M 38.0M 37.4M
Accumulated Depreciation -16.9M -16.0M -15.2M -14.4M -13.5M
Net PPE 27.6M 27.4M 22.9M 23.6M 23.9M
Goodwill And Other Intangible Assets 2.4M 2.4M 2.4M 2.4M 2.4M
Other Intangible Assets 2.4M 2.4M 2.4M 2.4M 2.4M
Total Non Current Assets 30.0M 29.8M 25.3M 26.0M 26.3M
Total Assets 65.6M 62.0M 55.4M 56.6M 55.7M
Current Debt 1.3M 1.3M 1.3M 1.3M 10.9M
Current Debt And Capital Lease Obligation 1.4M 1.4M 1.4M 1.4M 11.0M
Accounts Payable 2.2M 2.0M 850,219 1.8M 1.1M
Payables 6.8M 5.8M 4.1M 5.8M 5.1M
Payables And Accrued Expenses 10.1M 9.7M 8.1M 9.3M 7.6M
Current Accrued Expenses 3.3M 3.9M 4.1M 3.5M 2.5M
Other Current Liabilities -- -- -- -- 166,821
Current Liabilities 11.5M 11.1M 9.5M 10.7M 18.7M
Long Term Debt 8.0M 8.1M 8.3M 8.5M --
Long Term Debt And Capital Lease Obligation 8.0M 8.1M 8.3M 8.5M 41,493
Long Term Capital Lease Obligation 0.00 0.00 6,151 24,151 41,493
Total Non Current Liabilities Net Minority Interest 8.0M 8.1M 8.3M 8.5M 41,493
Total Liabilities Net Minority Interest 19.5M 19.2M 17.8M 19.2M 18.7M
Common Stock 111.9M 111.9M 108.4M 108.3M 107.9M
Capital Stock 111.9M 111.9M 108.4M 108.3M 107.9M
Retained Earnings -90.8M -93.6M -94.4M -94.1M -94.0M
Gains Losses Not Affecting Retained Earnings 25.0M 24.5M 23.6M 23.2M 23.1M
Other Equity Adjustments 25.0M 24.5M 23.6M 23.2M --
Common Stock Equity 46.1M 42.8M 37.6M 37.4M 36.9M
Stockholders Equity 46.1M 42.8M 37.6M 37.4M 36.9M
Total Equity Gross Minority Interest 46.1M 42.8M 37.6M 37.4M 36.9M
Total Capitalization 54.1M 51.0M 45.9M 45.9M 36.9M
Net Tangible Assets 43.7M 40.5M 35.2M 35.0M 34.5M
Tangible Book Value 43.7M 40.5M 35.2M 35.0M 34.5M
Working Capital 24.1M 21.2M 20.6M 19.9M 10.8M
Invested Capital 55.4M 52.3M 47.2M 47.2M 47.8M
Total Debt 9.3M 9.5M 9.7M 9.9M 11.0M
Net Debt 2.6M 2.2M 1.8M -- 1.3M
Share Issued 67.2M 67.2M 56.8M 56.5M 56.3M
Ordinary Shares Number 67.2M 67.2M 56.8M 56.5M 56.3M
Allowance For Doubtful Accounts Receivable -- -- -- -- -1.0M
Buildings And Improvements 20.1M 20.1M 20.0M 19.8M 19.0M
Capital Lease Obligations 41,494 58,201 74,086 88,973 103,315
Construction In Progress 6.0M 5.1M 15,599 69,024 673,727
Current Capital Lease Obligation 41,494 58,201 67,935 64,822 61,822
Current Deferred Assets 420,966 245,416 285,004 -- 213,334
Current Deferred Taxes Assets 420,966 245,416 285,004 -- 213,334
Finished Goods 1.7M 922,259 1.1M 863,436 1.1M
Gross Accounts Receivable -- -- -- -- 7.2M
Hedging Assets Current -- -- -- 0.00 0.00
Interest Payable 51,220 53,091 54,098 56,839 0.00
Land And Improvements 2.0M 2.0M 2.0M 2.0M 2.0M
Machinery Furniture Equipment 16.3M 16.1M 16.0M 16.0M 15.7M
Other Current Borrowings 1.3M 1.3M 1.3M 1.3M 10.9M
Other Inventories 3.5M 2.4M 1.7M 1.8M 1.7M
Other Properties 97,396 97,396 97,396 97,396 97,396
Properties 0.00 0.00 0.00 0.00 0.00
Raw Materials 2.7M 2.0M 1.7M 1.8M 2.0M
Taxes Receivable 248,091 223,284 193,141 207,153 108,941
Total Tax Payable 4.6M 3.8M 3.2M 4.1M 3.9M
Work In Process 12.3M 10.8M 9.6M 8.1M 6.3M
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 451,296 776,028 -962,221 2.3M 944,292
Cash Flow From Continuing Operating Activities 451,296 776,028 -962,221 2.3M 944,292
Depreciation And Amortization 793,210 835,434 764,237 852,366 809,602
Depreciation Amortization Depletion 793,210 835,434 764,237 852,366 809,602
Stock Based Compensation 462,301 317,610 504,097 538,575 521,394
Change In Working Capital -1.0M -579,693 -1.6M 634,874 -1.0M
Changes In Account Receivables 882,005 -880,342 155,278 427,219 -1.1M
Change In Receivables 882,005 -880,342 155,278 427,219 -1.1M
Change In Inventory -1.4M -1.3M -956,146 -1.4M 302,748
Change In Payables And Accrued Expense 230,333 1.5M -857,091 1.7M -837,915
Change In Payable 234,407 1.5M -921,103 1.6M -427,305
Change In Other Current Liabilities 1,871 1,007 -54,098 -- 410,610
Other Non Cash Items -2.6M -1.0M 174,867 241,993 785,797
Capital Expenditure -664,891 -5.1M -731,081 -430,704 -417,094
Purchase Of PPE -664,891 -5.1M -731,081 -430,704 -417,094
Net PPE Purchase And Sale -664,891 -5.1M -731,081 -430,704 -417,094
Investing Cash Flow -664,891 -5.1M -731,081 -430,704 -417,094
Cash Flow From Continuing Investing Activities -664,891 -5.1M -731,081 -430,704 -417,094
Repayment Of Debt -197,374 -196,580 -204,293 -11.2M -13,818
Net Issuance Payments Of Debt -197,374 -196,580 -204,293 -1.4M -13,818
Issuance Of Capital Stock 1.00 -- -- -- 0.00
Net Common Stock Issuance 1.00 -- -- -- 0.00
Financing Cash Flow -359,132 3.8M -380,670 -1.6M -424,428
Cash Flow From Continuing Financing Activities -359,132 3.8M -380,670 -1.6M -424,428
Effect Of Exchange Rate Changes -19,783 -2,407 -2,408 0.00 -3,602
Changes In Cash -572,727 -500,811 -2.1M 256,102 102,770
Beginning Cash Position 7.3M 7.8M 9.9M 9.6M 9.5M
End Cash Position 6.7M 7.3M 7.8M 9.9M 9.6M
Free Cash Flow -213,595 -4.3M -1.7M 1.8M 527,198
Cash Dividends Paid 0.00 0.00 0.00 0.00 0.00
Change In Account Payable 234,407 1.5M -921,103 1.6M -427,305
Change In Accrued Expense -4,074 -1,008 64,012 56,839 -410,610
Change In Interest Payable -4,074 -1,008 64,012 56,839 -410,610
Change In Prepaid Assets -778,595 89,094 65,941 -43,646 172,448
Common Stock Issuance 1.00 -- -- -- 0.00
Gain Loss On Investment Securities -- -- -- -371,978 166,822
Interest Paid Cff -161,759 -163,935 -176,377 -356,653 -410,610
Long Term Debt Payments -197,374 -196,580 -204,293 -11.2M -13,818
Net Foreign Currency Exchange Gain Loss 19,783 2,407 2,408 415,211 -147,331
Net Income From Continuing Operations 2.8M 773,241 -322,064 -47,402 -168,498
Net Long Term Debt Issuance -197,374 -196,580 -204,293 -1.4M -13,818
Net Other Financing Charges -- -- -- 205,158 0.00
Operating Gains Losses 19,783 2,407 2,408 43,233 19,491
Unrealized Gain Loss On Investment Securities -- -- -439,650 -- --
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