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Spackman Equities Group 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 Q2 2024Jun 30, 2024
Total Revenue 2.4M 1.9M 1.4M 5.7M 1.3M --
Operating Revenue 2.4M 1.9M 1.4M 5.7M 1.3M --
Cost Of Revenue 1.9M 1.5M 1.1M -- 841,229 938,736
Gross Profit 490,573 412,560 296,536 -- 447,988 303,937
Selling General And Administration 417,686 626,319 662,585 1.5M 370,760 --
General And Administrative Expense 386,309 575,348 625,438 1.3M 337,089 --
Other Operating Expenses -1,203 401,763 720,086 -- 431.00 231.00
Operating Expense 416,483 1.0M 1.4M 3.9M 371,191 --
Operating Income 74,090 -615,522 -1.1M -2.3M 76,797 --
EBIT 109,698 -597,544 -1.1M -2.3M 59,113 --
Interest Expense 3,752 57,184 5,896 -50,637 2,935 --
Interest Expense Non Operating 3,752 57,184 5,896 -50,637 2,935 --
Interest Income 11,473 -- 1,163 -- 1,520 --
Interest Income Non Operating 11,473 -- 1,163 -- 1,520 --
Net Interest Income 7,721 -57,184 -4,733 112,744 -1,415 --
Other Income Expense 24,135 17,978 10,777 -27,063 -19,204 --
Other Non Operating Income Expenses 24,010 17,978 195.00 -102,774 1,922 --
Special Income Charges 125.00 -- 9,685 -39,343 6,160 --
Write Off 0.00 -- -- -- 0.00 --
Gain On Sale Of Security -- -- 897.00 115,053 -27,286 3,400
Pretax Income 105,946 -654,728 -1.1M -2.2M 56,178 --
Tax Provision 0.00 0.00 0.00 -- 5,561 -39,205
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 -2,091 --
Net Income From Continuing And Discontinued Operation 105,946 -654,728 -1.1M -2.3M 50,617 --
Net Income From Continuing Operation Net Minority Interest 105,946 -654,728 -1.1M -2.3M 50,617 --
Net Income Including Noncontrolling Interests 105,946 -654,728 -1.1M -2.3M 50,617 --
Net Income Common Stockholders 105,946 -654,728 -1.1M -2.3M 50,617 --
Net Income 105,946 -654,728 -1.1M -2.3M 50,617 --
EBITDA 186,261 -522,112 -996,747 -2.3M 146,541 --
Normalized EBITDA 186,136 -522,112 -1.0M -2.4M 167,667 --
Reconciled Depreciation 76,563 75,432 77,448 -- 87,428 85,391
Basic EPS 0.00 -0.00 -0.00 -- 0.00 0.00
Diluted EPS 0.00 -0.00 -0.00 -- 0.00 0.00
Basic Average Shares 5.1M 252.1M 252.1M -- 4.0M 200.3M
Diluted Average Shares 5.1M 252.1M 252.1M -- 4.0M 200.3M
Total Unusual Items 125.00 -- 10,582 75,710 -21,126 3,400
Total Unusual Items Excluding Goodwill 125.00 -- 10,582 75,710 -21,126 3,400
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.10 --
Normalized Income 105,821 -654,728 -1.1M -2.4M 69,652 --
Diluted NI Availto Com Stockholders 105,946 -654,728 -1.1M -2.3M 50,617 --
Gain On Sale Of Ppe 125.00 -- 9,685 -- 6,160 --
Net Income Continuous Operations 105,946 -654,728 -1.1M -2.3M 50,617 --
Net Non Operating Interest Income Expense 7,721 -57,184 -4,733 112,744 -1,415 --
Other Gand A 386,309 575,348 625,438 1.1M 337,089 --
Other Special Charges -- -- -- -- 50,731 --
Reconciled Cost Of Revenue 1.9M 1.5M 1.1M -- 841,229 938,736
Selling And Marketing Expense 31,377 50,971 37,147 -- 33,671 37,553
Total Expenses 2.3M 2.5M 2.5M 8.1M 1.2M --
Total Operating Income As Reported 76,366 -611,072 -1.1M -- 59,113 -82,854
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 1.9M 2.1M 3.3M 3.0M 15,794 --
Cash Cash Equivalents And Short Term Investments 3.8M 4.4M 5.1M 4.7M 15,794 --
Cash Financial 1.9M 2.1M 3.3M 3.0M 15,794 --
Other Short Term Investments 1.9M 2.3M 1.8M 1.8M -- --
Accounts Receivable 1.1M 546,819 652,401 1.8M -- --
Receivables 1.3M 658,558 815,621 1.8M -- --
Inventory 243,884 245,280 207,070 -- -- --
Prepaid Assets 2.9M 2.8M 1.4M -- -- --
Current Assets 8.3M 8.1M 7.5M 6.6M 15,794 --
Gross PPE 598,366 619,606 593,633 642,477 -- --
Accumulated Depreciation -263,758 -232,251 -310,460 -368,530 -- --
Net PPE 334,608 387,355 283,173 273,947 -- --
Goodwill 1.4M 1.4M 1.3M 1.3M -- --
Goodwill And Other Intangible Assets 1.9M 2.0M 1.9M 1.9M -- --
Other Intangible Assets 587,066 634,214 644,297 603,205 -- --
Investments And Advances 4.9M 1.3M 1.4M 2.1M 66,801 --
Total Non Current Assets 7.2M 3.7M 3.7M 4.2M 66,801 --
Total Assets 15.5M 11.8M 11.2M 10.8M 82,595 --
Current Debt 759,251 374,752 294,890 293,587 25,023 --
Current Debt And Capital Lease Obligation 786,569 430,904 332,150 382,176 25,023 --
Accounts Payable 973,899 773,130 1.2M 434,823 163,991 --
Payables 1.4M 1.2M 1.5M 604,593 163,991 --
Payables And Accrued Expenses 1.7M 1.6M 1.8M 1.1M 378,536 --
Current Accrued Expenses 317,637 335,460 279,876 449,981 214,545 --
Current Deferred Revenue 2.9M 3.2M 2.4M 1.5M -- --
Current Liabilities 5.4M 5.2M 4.5M 3.0M 403,559 --
Long Term Debt -- -- -- -- 1.0M 1.0M
Long Term Debt And Capital Lease Obligation 147,627 152,611 68,928 89,939 1.0M --
Long Term Capital Lease Obligation 147,627 152,611 68,928 89,939 -- --
Total Non Current Liabilities Net Minority Interest 164,032 169,571 84,614 109,092 1.0M --
Total Liabilities Net Minority Interest 5.5M 5.4M 4.6M 3.1M 1.4M --
Common Stock 12.9M 9.3M 9.3M 9.3M 8.6M --
Capital Stock 12.9M 9.3M 9.3M 9.3M 8.6M --
Additional Paid In Capital -- -- -- -- 1.2M 1.1M
Retained Earnings -1.8M -1.9M -1.2M -128,202 -11.1M --
Gains Losses Not Affecting Retained Earnings -1.2M -993,271 -1.4M -1.4M -- --
Other Equity Adjustments -1.2M -993,271 -1.4M -1.4M -- --
Common Stock Equity 10.0M 6.4M 6.7M 7.7M -1.3M --
Stockholders Equity 10.0M 6.4M 6.7M 7.7M -1.3M --
Total Equity Gross Minority Interest 10.0M 6.4M 6.7M 7.7M -1.3M --
Total Capitalization 10.0M 6.4M 6.7M 7.7M -320,964 --
Net Tangible Assets 8.0M 4.4M 4.7M 5.8M -1.3M --
Tangible Book Value 8.0M 4.4M 4.7M 5.8M -1.3M --
Working Capital 2.9M 2.9M 3.1M 3.6M -387,765 --
Invested Capital 10.7M 6.8M 7.0M 8.0M -295,941 --
Total Debt 934,196 583,515 401,078 472,115 1.0M --
Net Debt -- -- -- -- 1.0M 1.1M
Share Issued 254.6M 252.1M 252.1M 252.1M 3.0M --
Ordinary Shares Number 254.6M 252.1M 252.1M 252.1M 3.0M --
Accrued Interest Receivable 7,313 7,244 7,072 -- -- --
Allowance For Doubtful Accounts Receivable 0.00 0.00 0.00 -- -- --
Available For Sale Securities 3.7M -- 233,463 953,341 66,801 275,310
Capital Lease Obligations 174,945 208,763 106,188 178,528 -- --
Current Capital Lease Obligation 27,318 56,152 37,260 88,589 -- --
Current Deferred Liabilities 2.9M 3.2M 2.4M 1.5M -- --
Duefrom Related Parties Current 77,904 82,904 62,904 -- -- --
Dueto Related Parties Current -- -- 0.00 0.00 0.00 12,763
Employee Benefits 1,504 1,555 1,438 4,939 -- --
Financial Assets Designatedas Fair Value Through Profitor Loss Total 1.3M 1.3M 1.2M 1.1M -- --
Gross Accounts Receivable 1.1M 546,819 652,401 -- -- --
Interest Payable 0.00 0.00 7,012 6,971 -- --
Investmentin Financial Assets 4.9M 1.3M 1.4M 2.1M 66,801 --
Leases 151,508 156,625 168,716 172,610 -- --
Loans Receivable 81,619 21,000 72,142 0.00 -- --
Machinery Furniture Equipment 446,858 462,981 424,917 469,867 -- --
Non Current Deferred Liabilities 14,901 15,405 14,248 14,214 -- --
Non Current Deferred Taxes Liabilities 14,901 15,405 14,248 14,214 -- --
Non Current Pension And Other Postretirement Benefit Plans 1,504 1,555 1,438 4,939 -- --
Non Current Prepaid Assets 143.00 147.00 135.00 12,279 -- --
Other Current Borrowings 759,251 374,752 294,890 293,587 -- --
Other Payable 422,434 470,549 236,942 166,433 -- --
Other Receivables 474.00 479.00 21,102 -- -- --
Properties 0.00 0.00 0.00 0.00 -- --
Restricted Cash 35,658 36,862 34,095 54,422 -- --
Taxes Receivable 18,065 112.00 0.00 1,347 -- --
Total Tax Payable 76.00 0.00 1,780 3,337 -- --
Work In Process 243,884 245,280 207,070 -- -- --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow -519,231 -775,753 682,660 -2.4M -182,206 --
Cash Flow From Continuing Operating Activities -519,231 -775,753 682,660 -2.4M -182,206 --
Depreciation And Amortization 76,563 75,432 77,448 -- 87,428 85,391
Depreciation Amortization Depletion 76,563 75,432 77,448 -- 87,428 85,391
Change In Working Capital -586,228 -762,053 984,836 -2.1M -388,999 --
Changes In Account Receivables -824,267 -1.1M -594,209 -- 54,508 698,623
Change In Receivables -824,267 -1.1M -594,209 -- 54,508 698,623
Change In Inventory 0.00 -- -- -- 107.00 --
Change In Payables And Accrued Expense 237,944 372,629 1.6M -2.6M -390,949 --
Change In Payable 237,944 372,629 1.6M -- -390,949 -1.9M
Change In Other Working Capital -39.00 -61.00 -3,547 -- -1,823 --
Other Non Cash Items -10,424 -7,005 4,726 2.0M 3,984 --
Capital Expenditure -799.00 -1,268 -148,245 -- -- --
Purchase Of PPE -799.00 -1,268 -73,245 -- 4.00 -1,542
Net PPE Purchase And Sale -716.00 -1,892 -64,948 -- 6,032 -1,670
Purchase Of Investment 0.00 -554,263 -107,143 -- 0.00 -37,000
Sale Of Investment 333,151 -- -- 158,257 403,446 --
Net Investment Purchase And Sale 333,151 -532,347 -107,143 -2.0M 403,446 --
Investing Cash Flow 273,635 -479,125 -319,111 -2.2M 333,175 --
Cash Flow From Continuing Investing Activities 273,635 -479,125 -319,111 -2.2M 333,175 --
Issuance Of Debt 157,464 -- -- -84,542 0.00 88,822
Repayment Of Debt -98,727 -26,850 -35,686 -1.2M -258,455 --
Net Issuance Payments Of Debt 58,737 60,151 -35,686 -1.3M -258,455 --
Issuance Of Capital Stock 0.00 -- -- -- 192,167 --
Net Common Stock Issuance 0.00 -- -- -- 192,167 --
Financing Cash Flow 56,631 57,905 -17,151 5.0M -26,370 --
Cash Flow From Continuing Financing Activities 56,631 57,905 -17,151 5.0M -26,370 --
Changes In Cash -188,965 -1.2M 346,398 354,493 124,599 --
Beginning Cash Position 2.1M 3.3M 3.0M 15,794 1.2M --
End Cash Position 1.9M 2.1M 3.3M 3.0M 1.3M --
Free Cash Flow -520,030 -777,021 534,415 -2.7M -182,202 --
Amortization Cash Flow 36,888 36,347 35,131 -- 39,048 38,717
Amortization Of Intangibles 36,888 36,347 35,131 -- 39,048 38,717
Cash Dividends Paid 0.00 0.00 0.00 -- 0.00 0.00
Change In Prepaid Assets 134.00 803.00 11,698 -- -50,842 0.00
Common Stock Issuance 0.00 -- -- -- 192,167 --
Depreciation 39,675 39,085 42,317 -- 48,380 46,674
Gain Loss On Investment Securities -1,406 -- -- -- -- --
Gain Loss On Sale Of PPE -125.00 600.00 -9,685 -- -6,160 128.00
Interest Paid Cff -2,332 -2,603 -2,117 -- -2,360 -2,330
Interest Received Cfi 1,365 3,485 609.00 -- 7,697 3,052
Long Term Debt Issuance -- -- -- -- 87,671 88,822
Long Term Debt Payments -27,441 -26,850 -35,686 11,113 -41,469 --
Net Foreign Currency Exchange Gain Loss -86,174 175,806 -14,452 -375,394 83,845 --
Net Income From Continuing Operations 105,946 -654,728 -1.1M -2.2M 56,178 --
Net Intangibles Purchase And Sale 0.00 0.00 -75,000 -- 0.00 0.00
Net Long Term Debt Issuance -27,441 -26,850 -35,686 -285,016 -41,469 --
Net Other Financing Charges 226.00 357.00 20,652 -- -- --
Net Other Investing Changes -60,165 51,629 -72,629 -- -84,000 -90,000
Net Short Term Debt Issuance 86,178 87,001 0.00 -- -216,986 -866,467
Operating Gains Losses -87,705 195,622 -24,137 -541,809 77,685 --
Purchase Of Intangibles 0.00 0.00 -75,000 -- 0.00 0.00
Sale Of PPE 83.00 -624.00 8,297 -- 6,028 -128.00
Short Term Debt Issuance 157,464 -- -- -- 0.00 --
Short Term Debt Payments -71,286 0.00 0.00 -- -216,986 -866,467
Taxes Refund Paid -17,383 -- -- -- -18,482 --
Unrealized Gain Loss On Investment Securities 0.00 379,032 719,878 -- 0.00 0.00
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