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Spartan Delta 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 307.3M 662.4M 1.5B 618.8M
Operating Revenue 307.3M 662.4M 1.5B 618.8M
Cost Of Revenue 148.8M 218.2M 364.0M 169.5M
Gross Profit 158.5M 444.1M 1.1B 449.3M
Selling General And Administration 25.8M 49.8M 37.9M 27.6M
General And Administrative Expense 25.8M 49.8M 37.9M 27.6M
Other Operating Expenses 107.2M 204.1M 313.1M 149.8M
Operating Expense 133.0M 253.9M 351.0M 177.4M
Operating Income 25.5M 190.2M 760.1M 271.9M
EBIT 54.9M 791.3M 738.9M 370.1M
Interest Expense 10.9M 40.0M 28.8M 13.6M
Interest Expense Non Operating 10.9M 40.0M 28.8M 13.6M
Interest Income 7.7M 23.7M 741,000 405,000
Interest Income Non Operating 7.7M 23.7M 741,000 405,000
Net Interest Income -3.3M -16.3M -28.1M -13.2M
Other Income Expense 21.7M 577.4M -22.0M 97.8M
Other Non Operating Income Expenses 2.7M -320,000 743,000 5.0M
Special Income Charges 152,000 524.9M 7.1M 120.9M
Restructuring And Mergern Acquisition 0.00 18.3M 1.9M -120.4M
Write Off -- 0.00 7.5M 0.00
Gain On Sale Of Security 18.9M 52.8M -29.8M -28.0M
Pretax Income 43.9M 751.3M 710.0M 356.5M
Tax Provision 9.6M 88.2M 28.9M 22.3M
Tax Effect Of Unusual Items 4.2M 67.8M -927,809 5.8M
Net Income From Continuing And Discontinued Operation 34.3M 663.1M 681.1M 334.2M
Net Income From Continuing Operation Net Minority Interest 34.3M 663.1M 681.1M 334.2M
Net Income Including Noncontrolling Interests 34.3M 663.1M 681.1M 334.2M
Net Income Common Stockholders 34.3M 663.1M 681.1M 334.2M
Net Income 34.3M 663.1M 681.1M 334.2M
EBITDA 163.6M 940.0M 943.0M 473.0M
Normalized EBITDA 144.6M 362.3M 965.8M 380.2M
Reconciled Depreciation 108.7M 148.7M 204.2M 102.9M
Basic EPS 0.20 3.84 4.36 2.89
Diluted EPS 0.20 3.82 3.88 2.50
Basic Average Shares 173.4M 172.5M 156.1M 115.6M
Diluted Average Shares 175.4M 173.5M 175.5M 133.5M
Total Unusual Items 19.0M 577.7M -22.8M 92.8M
Total Unusual Items Excluding Goodwill 19.0M 577.7M -22.8M 92.8M
Tax Rate For Calcs 0.22 0.12 0.04 0.06
Normalized Income 19.4M 153.2M 702.9M 247.2M
Diluted NI Availto Com Stockholders 34.3M 663.1M 681.1M 334.2M
Gain On Sale Of Ppe 152,000 543.2M 16.4M 468,000
Net Income Continuous Operations 34.3M 663.1M 681.1M 334.2M
Net Non Operating Interest Income Expense -3.3M -16.3M -28.1M -13.2M
Other Gand A 18.4M 20.2M 25.5M 21.3M
Reconciled Cost Of Revenue 148.8M 218.2M 364.0M 169.5M
Salaries And Wages 7.4M 29.7M 12.3M 6.3M
Total Expenses 281.7M 472.1M 715.0M 346.9M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 924,000 406,000 124.4M 1.2M
Cash Cash Equivalents And Short Term Investments 924,000 406,000 124.4M 1.2M
Accounts Receivable 47.1M 50.7M 140.4M 96.7M
Receivables 47.1M 50.7M 140.4M 96.7M
Prepaid Assets 6.4M 8.0M 8.0M 5.1M
Other Current Assets -- -- 2.3M 6.8M
Current Assets 211.1M 221.8M 309.0M 110.2M
Gross PPE 1.0B 784.2M 2.0B 1.6B
Accumulated Depreciation -342.0M -233.3M -339.2M -135.0M
Net PPE 691.1M 550.9M 1.7B 1.5B
Other Non Current Assets -- -- -- 7.5M
Total Non Current Assets 722.0M 597.7M 1.8B 1.6B
Total Assets 933.1M 819.5M 2.1B 1.7B
Current Debt And Capital Lease Obligation 9.7M 9.5M 9.4M 10.2M
Accounts Payable 79.0M 86.3M 176.9M 177.0M
Payables 229.8M 237.1M 262.6M 177.0M
Payables And Accrued Expenses 229.8M 237.1M 262.6M 177.0M
Other Current Liabilities 143,000 -- 818,000 52.8M
Current Liabilities 242.4M 250.2M 278.6M 243.6M
Long Term Debt 120.9M 44.5M 145.2M 387.6M
Long Term Debt And Capital Lease Obligation 137.0M 70.2M 181.2M 432.2M
Long Term Capital Lease Obligation 16.1M 25.8M 36.0M 44.6M
Total Non Current Liabilities Net Minority Interest 219.3M 139.6M 304.0M 612.2M
Total Liabilities Net Minority Interest 461.7M 389.8M 582.7M 855.8M
Common Stock 13.5M 11.7M 553.6M 517.2M
Capital Stock 13.5M 11.7M 553.6M 517.2M
Additional Paid In Capital 6.9M 1.3M 24.4M 16.3M
Retained Earnings 451.0M 416.7M 938.8M 343.4M
Common Stock Equity 471.4M 429.7M 1.5B 886.6M
Stockholders Equity 471.4M 429.7M 1.5B 886.6M
Total Equity Gross Minority Interest 471.4M 429.7M 1.5B 886.6M
Total Capitalization 592.3M 474.2M 1.7B 1.3B
Net Tangible Assets 471.4M 429.7M 1.5B 886.6M
Tangible Book Value 471.4M 429.7M 1.5B 886.6M
Working Capital -31.2M -28.4M 30.4M -133.4M
Invested Capital 592.3M 474.2M 1.7B 1.3B
Total Debt 146.7M 79.7M 190.7M 442.4M
Net Debt 120.0M 44.1M 20.8M 386.3M
Share Issued 173.6M 173.2M 171.4M 153.2M
Ordinary Shares Number 173.6M 173.2M 171.4M 153.2M
Capital Lease Obligations 25.8M 35.2M 45.5M 54.8M
Current Capital Lease Obligation 9.7M 9.5M 9.4M 10.2M
Current Provisions 2.7M 3.6M 5.8M 3.6M
Derivative Product Liabilities 2.7M 0.00 0.00 11.8M
Dividends Payable 150.8M 150.9M 85.7M 0.00
Financial Assets 0.00 6.2M 0.00 --
Hedging Assets Current 5.8M 11.9M 33.8M 268,000
Long Term Provisions 79.6M 69.3M 122.8M 168.2M
Machinery Furniture Equipment -- -- 1.7M 1.2M
Non Current Deferred Assets 30.9M 40.6M 120.0M 142.9M
Non Current Deferred Liabilities -- -- -- 0.00
Non Current Deferred Taxes Assets 30.9M 40.6M 120.0M 142.9M
Non Current Deferred Taxes Liabilities -- -- -- 0.00
Other Equity Interest -- -- -- 9.7M
Other Properties 65.5M 64.5M 65.8M 65.4M
Restricted Cash 150.8M 150.9M 0.00 --
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 174.1M 475.7M 795.4M 279.8M
Cash Flow From Continuing Operating Activities 174.1M 475.7M 795.4M 279.8M
Depreciation Amortization Depletion 108.7M 148.7M 204.2M 102.9M
Stock Based Compensation 7.4M 29.7M 12.3M 6.3M
Deferred Tax 9.6M 88.2M 28.9M 22.3M
Deferred Income Tax 9.6M 88.2M 28.9M 22.3M
Change In Working Capital -24,000 59.2M -39.2M -18.1M
Other Non Cash Items -916,000 -98,000 -45.6M -45.5M
Capital Expenditure -161.9M -295.0M -434.2M -612.9M
Purchase Of PPE -161.9M -295.0M -434.2M -612.9M
Net PPE Purchase And Sale -161.9M -295.0M -434.2M -612.5M
Purchase Of Business -76.5M -34.4M -6.5M -352.5M
Sale Of Business 128,000 1.7B 1.3M 24.6M
Investing Cash Flow -240.5M 1.3B -442.3M -925.7M
Cash Flow From Continuing Investing Activities -240.5M 1.3B -442.3M -925.7M
Issuance Of Debt 76.4M 49.3M 327.2M 544.6M
Repayment Of Debt -9.5M -159.6M -578.7M -164.9M
Net Issuance Payments Of Debt 67.0M -110.3M -251.5M 379.7M
Issuance Of Capital Stock 0.00 46,000 21.4M 264.8M
Net Common Stock Issuance 0.00 46,000 21.4M 264.8M
Common Stock Dividend Paid -53,000 -1.6B 0.00 --
Financing Cash Flow 67.0M -1.9B -230.1M 644.5M
Cash Flow From Continuing Financing Activities 67.0M -1.9B -230.1M 644.5M
Effect Of Exchange Rate Changes 13,000 -18,000 227,000 49,000
Changes In Cash 505,000 -124.0M 122.9M -1.5M
Beginning Cash Position 406,000 124.4M 1.2M 2.7M
End Cash Position 924,000 406,000 124.4M 1.2M
Free Cash Flow 12.2M 180.6M 361.2M -333.2M
Interest Paid Supplemental Data -- 34.6M 23.6M --
Asset Impairment Charge -- 0.00 7.5M 0.00
Cash Dividends Paid -53,000 -1.6B 0.00 --
Common Stock Issuance 0.00 46,000 21.4M 264.8M
Depletion 108.7M 148.7M 204.2M 102.9M
Gain Loss On Investment Securities 15.1M 30.0M -51.6M 391,000
Gain Loss On Sale Of Business -- -- 0.00 -127.9M
Gain Loss On Sale Of PPE -- -- -- -127.9M
Long Term Debt Issuance 76.4M 49.3M 327.2M 544.6M
Long Term Debt Payments -9.5M -159.6M -578.7M -164.9M
Net Business Purchase And Sale -76.4M 1.7B -5.2M -327.9M
Net Foreign Currency Exchange Gain Loss -12,000 165,000 -168,000 -22,000
Net Income From Continuing Operations 34.3M 663.1M 681.1M 334.2M
Net Long Term Debt Issuance 67.0M -110.3M -251.5M 379.7M
Net Other Financing Charges 53,000 -150.9M -91,000 -6,000
Net Other Investing Changes -2.2M -50.2M -3.0M 14.6M
Operating Gains Losses 15.0M -513.1M -53.8M -128.0M
Proceeds From Stock Option Exercised 0.00 -65.9M 0.00 --
Sale Of PPE -- -- 1.3M 453,000
Unrealized Gain Loss On Investment Securities -- -- 0.00 5.6M
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