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Real Estate Split Corp.

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 6.2M 5.1M 3.1M 1.4M
Operating Revenue 6.2M 5.1M 3.1M 1.4M
Cost Of Revenue 1.7M 1.4M 1.0M 699,666
Gross Profit 4.4M 3.7M 2.1M 669,969
Selling General And Administration 148,199 164,141 108,068 65,136
General And Administrative Expense 148,199 164,141 108,068 65,136
Other Operating Expenses 258,802 323,803 164,441 139,155
Operating Expense 407,001 487,944 272,509 204,291
Operating Income 4.0M 3.2M 1.8M 465,678
EBIT -6.5M 3.9M -17.3M 12.4M
Interest Expense 3,582 25,970 15,871 3,532
Interest Expense Non Operating 3,582 25,970 15,871 3,532
Net Interest Income -3,582 -25,970 -15,871 -3,532
Other Income Expense -10.5M 701,404 -19.1M 11.9M
Other Non Operating Income Expenses -4.4M -3.3M -2.2M -1.1M
Gain On Sale Of Security -6.1M 4.0M -16.9M 13.0M
Pretax Income -6.5M 3.9M -17.3M 12.4M
Tax Provision 498,906 84,767 26,314 66,741
Tax Effect Of Unusual Items -918,656 87,892 -4.4M 70,274
Net Income From Continuing And Discontinued Operation -7.0M 3.8M -17.3M 12.3M
Net Income From Continuing Operation Net Minority Interest -7.0M 3.8M -17.3M 12.3M
Net Income Including Noncontrolling Interests -7.0M 3.8M -17.3M 12.3M
Net Income Common Stockholders -7.0M 3.8M -17.3M 12.3M
Net Income -7.0M 3.8M -17.3M 12.3M
EBITDA -6.5M 3.9M -17.3M 12.4M
Normalized EBITDA -393,237 -117,522 -392,661 -651,200
Basic EPS -0.89 -- -- --
Diluted EPS -0.89 -- -- --
Basic Average Shares 11.5M -- -- --
Diluted Average Shares 11.5M -- -- --
Total Unusual Items -6.1M 4.0M -16.9M 13.0M
Total Unusual Items Excluding Goodwill -6.1M 4.0M -16.9M 13.0M
Tax Rate For Calcs 0.15 0.02 0.26 0.01
Normalized Income -1.8M -140,367 -4.9M -651,199
Diluted NI Availto Com Stockholders -7.0M 3.8M -17.3M 12.3M
Net Income Continuous Operations -7.0M 3.8M -17.3M 12.3M
Net Non Operating Interest Income Expense -3,582 -25,970 -15,871 -3,532
Other Gand A 148,199 164,141 108,068 65,136
Reconciled Cost Of Revenue 1.7M 1.4M 1.0M 699,666
Total Expenses 2.1M 1.9M 1.3M 903,957
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 11.2M 3.5M 5.4M 3.7M
Cash Cash Equivalents And Short Term Investments 230.5M 149.3M 120.6M 78.3M
Cash Financial 11.2M 3.5M 5.4M 3.7M
Other Short Term Investments 219.3M 145.8M 115.2M 74.5M
Accounts Receivable 931,366 604,637 481,981 298,818
Receivables 931,366 944,906 481,981 298,818
Prepaid Assets -- 0.00 937.00 390.00
Current Assets 231.4M 150.2M 121.1M 78.6M
Total Non Current Assets 0.00 0.00 0.00 0.00
Total Assets 231.4M 150.2M 121.1M 78.6M
Current Debt -- -- 500,000 500,000
Current Debt And Capital Lease Obligation -- -- 500,000 500,000
Accounts Payable 255,354 151,538 141,726 93,084
Payables 3.4M 2.0M 1.5M 783,016
Payables And Accrued Expenses 3.4M 2.0M 1.5M 783,016
Other Current Liabilities 114.7M 68.2M 52.6M 26.4M
Current Liabilities 118.1M 70.2M 54.6M 27.7M
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00
Total Liabilities Net Minority Interest 118.1M 70.2M 54.6M 27.7M
Common Stock Equity 113.3M 80.1M 66.5M 50.9M
Stockholders Equity 113.3M 80.1M 66.5M 50.9M
Total Equity Gross Minority Interest 113.3M 80.1M 66.5M 50.9M
Total Capitalization 113.3M 80.1M 66.5M 50.9M
Net Tangible Assets 113.3M 80.1M 66.5M 50.9M
Tangible Book Value 113.3M 80.1M 66.5M 50.9M
Working Capital 113.3M 80.1M 66.5M 50.9M
Invested Capital -- -- 500,000 500,000
Total Debt -- -- 500,000 500,000
Share Issued 11.5M 6.8M 5.3M 2.6M
Ordinary Shares Number 11.5M 6.8M 5.3M 2.6M
Dividends Payable 3.0M 1.8M 1.4M 689,932
Dueto Related Parties Current 111,430 67,099 -- --
Line Of Credit -- 0.00 500,000 500,000
Other Receivables -- 340,269 -- --
Preferred Shares Number 11.5M 6.8M 5.3M --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -80.2M -26.7M -57.8M -26.4M
Cash Flow From Continuing Operating Activities -80.2M -26.7M -57.8M -26.4M
Change In Working Capital -178,582 -19,774 -118,775 -284,840
Other Non Cash Items -79.7M -26.6M -57.6M -25.7M
Issuance Of Debt 0.00 3.0M 1.5M 2.0M
Repayment Of Debt 0.00 -3.5M -1.5M -1.5M
Net Issuance Payments Of Debt 0.00 -525,034 -16,293 496,112
Issuance Of Capital Stock 103.0M 36.7M 68.5M 31.3M
Repurchase Of Capital Stock -1,326 -53,798 -11,625 0.00
Net Common Stock Issuance 56.4M 21.1M 42.3M 21.1M
Common Stock Dividend Paid -- -- -5.8M -2.7M
Common Stock Payments -1,322 -53,798 -11,552 0.00
Financing Cash Flow 87.8M 24.7M 59.5M 27.7M
Cash Flow From Continuing Financing Activities 87.8M 24.7M 59.5M 27.7M
Effect Of Exchange Rate Changes 130,168 4,937 4,997 -89,466
Changes In Cash 7.6M -1.9M 1.6M 1.3M
Beginning Cash Position 3.5M 5.4M 3.7M 2.5M
End Cash Position 11.2M 3.5M 5.4M 3.7M
Free Cash Flow -80.2M -26.7M -57.8M -26.4M
Cash Dividends Paid -12.1M -9.4M -5.8M -2.7M
Common Stock Issuance 56.4M 21.1M 42.3M 21.1M
Dividend Paid Cfo -- -- 344,048 247,604
Gain Loss On Investment Securities 1.3M 6.4M 1.1M -1.9M
Long Term Debt Issuance 0.00 3.0M 1.5M 2.0M
Long Term Debt Payments 0.00 -3.5M -1.5M -1.5M
Net Foreign Currency Exchange Gain Loss -130,168 -4,937 -4,997 89,466
Net Income From Continuing Operations -7.0M 3.8M -17.3M 12.3M
Net Long Term Debt Issuance 0.00 -525,034 -16,293 496,112
Net Other Financing Charges -3.0M -2.0M -3.1M -1.4M
Net Preferred Stock Issuance 46.6M 15.6M 26.2M 10.3M
Operating Gains Losses 1.2M 6.3M 1.1M -1.8M
Preferred Stock Issuance 46.6M 15.6M 26.2M 10.3M
Preferred Stock Payments -4.00 -- -73.00 0.00
Unrealized Gain Loss On Investment Securities 5.5M -10.2M 16.1M -11.0M
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