Swiss Water Decaffeinated Coffee Inc.
Financial Statements (IFRS) · Amounts in CAD
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 | 62.7M | 67.7M | 62.3M | 49.2M | 41.8M | -- |
| Operating Revenue | 62.7M | 67.7M | 62.3M | 49.2M | 41.8M | -- |
| Cost Of Revenue | 56.3M | 62.4M | 55.0M | 42.3M | 35.3M | -- |
| Gross Profit | 6.4M | 5.2M | 7.3M | 7.0M | 6.4M | -- |
| Selling General And Administration | 4.2M | 3.9M | 3.4M | 3.8M | 3.7M | -- |
| General And Administrative Expense | 3.3M | 3.0M | 2.4M | 2.8M | 2.7M | -- |
| Operating Expense | 4.2M | 3.9M | 3.4M | 3.8M | 3.7M | -- |
| Operating Income | 2.2M | 1.4M | 3.9M | 3.2M | 2.8M | -- |
| EBIT | 2.0M | 1.1M | 2.4M | 4.7M | 1.2M | -- |
| Interest Expense | 1.6M | 1.7M | 1.7M | 1.9M | 2.3M | -- |
| Interest Expense Non Operating | 1.6M | 1.7M | 1.7M | 1.9M | 2.3M | -- |
| Interest Income | 407,000 | 362,000 | 378,000 | 334,000 | 509,000 | -- |
| Interest Income Non Operating | 407,000 | 362,000 | 378,000 | 334,000 | 509,000 | -- |
| Net Interest Income | -1.2M | -1.3M | -1.3M | -1.5M | -1.8M | -- |
| Other Income Expense | -584,000 | -665,000 | -1.9M | 1.2M | -2.1M | -- |
| Other Non Operating Income Expenses | -728,000 | -1.1M | -2.8M | 477,000 | -2.0M | -- |
| Gain On Sale Of Security | 144,000 | 436,000 | 952,000 | 755,000 | -125,000 | -- |
| Pretax Income | 402,000 | -621,000 | 671,000 | 2.9M | -1.1M | -- |
| Tax Provision | 186,000 | -247,000 | 156,000 | 851,000 | -309,000 | -- |
| Tax Effect Of Unusual Items | 21,600 | 173,417 | 221,329 | 224,338 | -35,114 | -- |
| Net Income From Continuing And Discontinued Operation | 216,000 | -374,000 | 515,000 | 2.0M | -791,000 | -- |
| Net Income From Continuing Operation Net Minority Interest | 216,000 | -374,000 | 515,000 | 2.0M | -791,000 | -- |
| Net Income Including Noncontrolling Interests | 216,000 | -374,000 | 515,000 | 2.0M | -791,000 | -- |
| Net Income Common Stockholders | 216,000 | -374,000 | 515,000 | 2.0M | -791,000 | -- |
| Net Income | 216,000 | -374,000 | 515,000 | 2.0M | -791,000 | -- |
| EBITDA | 3.8M | 2.9M | 4.2M | 6.3M | 3.0M | -- |
| Normalized EBITDA | 3.6M | 2.5M | 3.2M | 5.6M | 3.1M | -- |
| Reconciled Depreciation | 1.7M | 1.9M | 1.8M | 1.6M | 1.8M | -- |
| Basic EPS | 0.02 | -0.04 | 0.05 | 0.21 | -0.08 | -- |
| Diluted EPS | 0.02 | -0.10 | 0.05 | 0.21 | -0.08 | -- |
| Basic Average Shares | 9.5M | 9.5M | 9.5M | 9.6M | 9.5M | -- |
| Diluted Average Shares | 9.6M | 9.5M | 9.5M | 9.6M | 9.5M | -- |
| Total Unusual Items | 144,000 | 436,000 | 952,000 | 755,000 | -125,000 | -- |
| Total Unusual Items Excluding Goodwill | 144,000 | 436,000 | 952,000 | 755,000 | -125,000 | -- |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.23 | 0.30 | 0.28 | -- |
| Normalized Income | 93,600 | -636,583 | -215,671 | 1.5M | -701,114 | -- |
| Average Dilution Earnings | -- | -546,000 | -- | -- | -- | -84,000 |
| Diluted NI Availto Com Stockholders | 216,000 | -920,000 | 515,000 | 2.0M | -791,000 | -- |
| Net Income Continuous Operations | 216,000 | -374,000 | 515,000 | 2.0M | -791,000 | -- |
| Net Non Operating Interest Income Expense | -1.2M | -1.3M | -1.3M | -1.5M | -1.8M | -- |
| Other Gand A | 3.3M | 3.0M | 2.4M | 2.8M | 2.7M | -- |
| Reconciled Cost Of Revenue | 56.3M | 62.4M | 55.0M | 42.3M | 35.3M | -- |
| Selling And Marketing Expense | 885,000 | 902,000 | 954,000 | 1.0M | 909,000 | -- |
| Total Expenses | 60.5M | 66.3M | 58.4M | 46.1M | 39.0M | -- |
| Total Operating Income As Reported | 2.2M | 1.4M | 3.9M | 3.2M | 2.8M | -- |
| 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 | 3.9M | 4.8M | 5.0M | 8.5M | 15.0M | -- |
| Cash Cash Equivalents And Short Term Investments | 3.9M | 4.8M | 5.0M | 8.5M | 15.0M | -- |
| Cash Financial | 3.9M | 4.8M | 5.0M | -- | -- | -- |
| Accounts Receivable | 29.7M | 31.3M | 24.8M | 23.3M | 19.3M | -- |
| Receivables | 30.8M | 32.2M | 25.7M | 24.1M | 20.2M | -- |
| Inventory | 47.2M | 46.4M | 49.6M | 36.6M | 34.4M | -- |
| Current Assets | 89.2M | 85.9M | 93.6M | 87.3M | 77.4M | -- |
| Gross PPE | 148.7M | 149.8M | 149.7M | 159.7M | 130.9M | -- |
| Accumulated Depreciation | -23.6M | -23.2M | -21.6M | -30.3M | -- | -- |
| Net PPE | 125.1M | 126.5M | 128.1M | 129.3M | 130.9M | -- |
| Total Non Current Assets | 125.4M | 126.9M | 128.4M | 129.6M | 131.4M | -- |
| Total Assets | 214.6M | 212.8M | 222.0M | 216.9M | 208.8M | -- |
| Current Debt | 12.3M | 12.9M | 58.1M | 47.3M | 20.1M | -- |
| Current Debt And Capital Lease Obligation | 14.2M | 14.7M | 59.9M | 49.1M | 21.8M | -- |
| Accounts Payable | 27.8M | 15.4M | 23.4M | 24.8M | 20.7M | -- |
| Payables | 28.2M | 15.7M | 23.6M | 24.9M | 20.8M | -- |
| Payables And Accrued Expenses | 32.2M | 18.9M | 27.7M | 29.0M | 24.0M | -- |
| Current Accrued Expenses | 4.0M | 3.3M | 4.1M | 4.2M | 3.3M | -- |
| Other Current Liabilities | 4.1M | 3.2M | 3.2M | 5.2M | 2.0M | -- |
| Current Liabilities | 50.4M | 36.8M | 90.8M | 83.4M | 47.9M | -- |
| Long Term Debt | 83.9M | 95.1M | 51.1M | 53.6M | 81.6M | -- |
| Long Term Debt And Capital Lease Obligation | 97.4M | 109.1M | 65.5M | 68.5M | 97.0M | -- |
| Long Term Capital Lease Obligation | 13.5M | 14.0M | 14.5M | 14.9M | 15.4M | -- |
| Other Non Current Liabilities | 326,000 | 183,000 | 43,000 | 186,000 | 128,000 | -- |
| Total Non Current Liabilities Net Minority Interest | 107.1M | 118.6M | 75.5M | 78.7M | 106.0M | -- |
| Total Liabilities Net Minority Interest | 157.5M | 155.4M | 166.3M | 162.1M | 153.8M | -- |
| Common Stock | 45.3M | 45.3M | 45.3M | 45.2M | 45.2M | -- |
| Capital Stock | 45.3M | 45.3M | 45.3M | 45.2M | 45.2M | -- |
| Retained Earnings | 12.1M | 11.9M | 12.3M | 11.8M | 9.8M | -- |
| Gains Losses Not Affecting Retained Earnings | -577,000 | 9,000 | -2.0M | -2.3M | -109,000 | -- |
| Other Equity Adjustments | -577,000 | 9,000 | -2.0M | -2.3M | -109,000 | -- |
| Common Stock Equity | 57.1M | 57.4M | 55.7M | 54.9M | 55.0M | -- |
| Stockholders Equity | 57.1M | 57.4M | 55.7M | 54.9M | 55.0M | -- |
| Total Equity Gross Minority Interest | 57.1M | 57.4M | 55.7M | 54.9M | 55.0M | -- |
| Total Capitalization | 141.0M | 152.5M | 106.7M | 108.4M | 136.6M | -- |
| Net Tangible Assets | 57.1M | 57.4M | 55.7M | 54.9M | 55.0M | -- |
| Tangible Book Value | 57.1M | 57.4M | 55.7M | 54.9M | 55.0M | -- |
| Working Capital | 38.8M | 49.1M | 2.8M | 4.0M | 29.6M | -- |
| Invested Capital | 153.3M | 165.4M | 164.8M | 155.7M | 156.7M | -- |
| Total Debt | 111.6M | 123.9M | 125.5M | 117.6M | 118.8M | -- |
| Net Debt | 92.3M | 103.2M | 104.2M | 92.4M | 86.7M | -- |
| Share Issued | 9.5M | 9.5M | 9.5M | 9.5M | 9.5M | -- |
| Ordinary Shares Number | 9.5M | 9.5M | 9.5M | 9.5M | 9.5M | -- |
| Allowance For Doubtful Accounts Receivable | -300,000 | -300,000 | -200,000 | -200,000 | -- | -100,000 |
| Buildings And Improvements | 18.2M | 18.2M | 18.2M | 18.2M | -- | -- |
| Capital Lease Obligations | 15.4M | 15.9M | 16.3M | 16.7M | 17.1M | -- |
| Construction In Progress | 519,000 | 437,000 | 604,000 | 193,000 | -- | -- |
| Current Capital Lease Obligation | 1.9M | 1.9M | 1.8M | 1.8M | 1.7M | -- |
| Derivative Product Liabilities | 185,000 | 28,000 | 1.0M | 1.2M | 47,000 | -- |
| Financial Assets | -- | 110,000 | -- | 0.00 | 204,000 | 34,000 |
| Finished Goods | 18.8M | 18.7M | 22.1M | 21.4M | 14.6M | -- |
| Gross Accounts Receivable | 30.0M | 31.6M | 25.0M | 23.5M | -- | 19.3M |
| Hedging Assets Current | 7.3M | 2.5M | 13.3M | 18.1M | 7.9M | -- |
| Income Tax Payable | 372,000 | 251,000 | 125,000 | 54,000 | 92,000 | -- |
| Leases | 6.9M | 6.8M | 6.8M | 31.0M | -- | -- |
| Line Of Credit | 0.00 | -- | -- | -- | -- | -- |
| Long Term Provisions | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | -- |
| Machinery Furniture Equipment | 110.7M | 110.6M | 110.3M | 110.0M | -- | -- |
| Non Current Deferred Assets | 98,000 | 112,000 | 104,000 | 109,000 | 116,000 | -- |
| Non Current Deferred Liabilities | 5.5M | 5.7M | 5.3M | 5.2M | 5.2M | -- |
| Non Current Deferred Taxes Assets | 98,000 | 112,000 | 104,000 | 109,000 | 116,000 | -- |
| Non Current Deferred Taxes Liabilities | 5.5M | 5.7M | 5.3M | 5.2M | 5.2M | -- |
| Non Current Prepaid Assets | 146,000 | 146,000 | 158,000 | 157,000 | 158,000 | -- |
| Other Current Borrowings | 12.3M | 12.9M | 58.1M | 47.3M | 20.1M | -- |
| Other Equity Interest | 267,000 | 201,000 | 161,000 | 190,000 | 129,000 | -- |
| Other Properties | 12.5M | 13.8M | 13.9M | 244,000 | 130.9M | -- |
| Other Receivables | 1.1M | 865,000 | 891,000 | 753,000 | 902,000 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Raw Materials | 28.4M | 27.7M | 27.4M | 15.2M | 19.7M | -- |
| Taxes Receivable | -- | -- | -- | 0.00 | 0.00 | 81,000 |
| Total Tax Payable | 372,000 | 251,000 | 125,000 | 54,000 | 92,000 | -- |
| 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 | 12.6M | 2.0M | -11.4M | -4.8M | -5.5M | -- |
| Cash Flow From Continuing Operating Activities | 12.6M | 2.0M | -11.4M | -4.8M | -5.5M | -- |
| Depreciation And Amortization | 1.7M | 1.9M | 1.8M | 1.6M | 1.8M | -- |
| Depreciation Amortization Depletion | 1.7M | 1.9M | 1.8M | 1.6M | 1.8M | -- |
| Stock Based Compensation | 875,000 | 275,000 | -208,000 | 301,000 | 252,000 | -- |
| Deferred Tax | 186,000 | -247,000 | 156,000 | 851,000 | -309,000 | -- |
| Deferred Income Tax | 186,000 | -247,000 | 156,000 | 851,000 | -309,000 | -- |
| Change In Working Capital | 8.2M | 160,000 | -13.2M | -9.9M | -7.3M | -- |
| Changes In Account Receivables | 1.7M | -6.8M | -1.4M | -4.1M | -20,000 | -- |
| Change In Receivables | 1.7M | -6.8M | -1.4M | -4.1M | -20,000 | -- |
| Change In Inventory | -812,000 | 3.2M | -13.1M | -2.1M | -7.2M | -- |
| Change In Payables And Accrued Expense | 13.3M | -8.6M | -1.6M | 5.0M | 4.1M | -- |
| Change In Other Working Capital | -5.7M | 12.4M | 3.0M | -8.9M | -4.0M | -- |
| Other Non Cash Items | 1.8M | 1.3M | 1.5M | 1.7M | 1.7M | -- |
| Capital Expenditure | -289,000 | -404,000 | -429,000 | -203,000 | -188,000 | -- |
| Purchase Of PPE | -289,000 | -404,000 | -429,000 | -203,000 | -188,000 | -- |
| Net PPE Purchase And Sale | -289,000 | -404,000 | -429,000 | -203,000 | -188,000 | -- |
| Investing Cash Flow | -289,000 | -404,000 | -429,000 | -203,000 | -188,000 | -- |
| Cash Flow From Continuing Investing Activities | -289,000 | -404,000 | -429,000 | -203,000 | -188,000 | -- |
| Issuance Of Debt | 0.00 | 1.0M | 10.1M | 13.9M | 2.8M | -- |
| Repayment Of Debt | -12.3M | -2.8M | -1.8M | -15.4M | -421,000 | -- |
| Net Issuance Payments Of Debt | -12.3M | -1.8M | 8.3M | -1.5M | 2.3M | -- |
| Financing Cash Flow | -13.1M | -1.8M | 8.3M | -1.5M | 2.3M | -- |
| Cash Flow From Continuing Financing Activities | -13.1M | -1.8M | 8.3M | -1.5M | 2.3M | -- |
| Changes In Cash | -850,000 | -196,000 | -3.5M | -6.5M | -3.4M | -- |
| Beginning Cash Position | 4.8M | 5.0M | 8.5M | 15.0M | 18.4M | -- |
| End Cash Position | 3.9M | 4.8M | 5.0M | 8.5M | 15.0M | -- |
| Free Cash Flow | 12.3M | 1.6M | -11.8M | -5.0M | -5.7M | -- |
| Change In Prepaid Assets | -249,000 | 26,000 | -138,000 | 149,000 | -157,000 | -- |
| Gain Loss On Investment Securities | -- | -492,000 | -1.1M | 244,000 | -144,000 | -57,000 |
| Interest Paid Cfo | -868,000 | -967,000 | -1.0M | -1.9M | -1.4M | -- |
| Interest Received Cfo | 390,000 | 543,000 | 241,000 | 266,000 | 525,000 | -- |
| Long Term Debt Issuance | -- | 1.0M | -- | 0.00 | 0.00 | 0.00 |
| Long Term Debt Payments | -1.8M | -2.8M | -1.8M | -429,000 | -421,000 | -- |
| Net Income From Continuing Operations | 216,000 | -374,000 | 515,000 | 2.0M | -791,000 | -- |
| Net Long Term Debt Issuance | -1.8M | -1.8M | -1.8M | -429,000 | -421,000 | -- |
| Net Other Financing Charges | -139,000 | -- | -- | -- | -- | -- |
| Net Short Term Debt Issuance | -10.5M | -- | 10.1M | -1.1M | 2.8M | 0.00 |
| Operating Gains Losses | -- | -492,000 | -1.1M | 244,000 | -144,000 | -57,000 |
| Proceeds From Stock Option Exercised | -675,000 | -- | -- | -- | 0.00 | -- |
| Short Term Debt Issuance | 0.00 | -- | 10.1M | 13.9M | 2.8M | 0.00 |
| Short Term Debt Payments | -10.5M | -- | 0.00 | -15.0M | 0.00 | 0.00 |
| Taxes Refund Paid | 2,000 | -57,000 | -- | -1,000 | 161,000 | 0.00 |