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Sylogist Ltd.

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 15.9M 15.7M 16.3M 15.3M 16.6M
Operating Revenue 15.9M 15.7M 16.3M 15.3M 16.6M
Cost Of Revenue 6.3M 6.6M 6.7M 6.3M 6.7M
Gross Profit 9.5M 9.0M 9.6M 9.0M 9.9M
Selling General And Administration 4.6M 5.5M 5.4M 4.2M 5.5M
General And Administrative Expense 2.8M 3.5M 3.3M 2.3M 3.5M
Research And Development 1.9M 2.1M 1.8M 1.3M 1.1M
Depreciation And Amortization In Income Statement 2.6M 2.5M 2.6M 2.6M 2.6M
Operating Expense 9.1M 10.2M 9.8M 8.0M 9.2M
Operating Income 484,000 -1.1M -198,000 1.0M 693,000
EBIT 262,000 -1.2M -207,000 946,000 -528,000
Interest Expense 296,000 290,000 325,000 317,000 347,000
Interest Expense Non Operating 296,000 290,000 325,000 317,000 347,000
Net Interest Income -296,000 -290,000 -325,000 -317,000 -347,000
Other Income Expense -222,000 -75,000 -9,000 -330,000 -1.2M
Special Income Charges -234,000 -50,000 0.00 -375,000 -1.2M
Restructuring And Mergern Acquisition 234,000 50,000 0.00 115,000 1.2M
Gain On Sale Of Security 12,000 -25,000 -9,000 45,000 -26,000
Pretax Income -34,000 -1.5M -532,000 629,000 -875,000
Tax Provision 853,000 433,000 403,000 -107,000 -256,000
Tax Effect Of Unusual Items -33,300 -11,250 -1,350 -49,500 -357,230
Net Income From Continuing And Discontinued Operation -887,000 -1.9M -935,000 736,000 -619,000
Net Income From Continuing Operation Net Minority Interest -887,000 -1.9M -935,000 736,000 -619,000
Net Income Including Noncontrolling Interests -887,000 -1.9M -935,000 736,000 -619,000
Net Income Common Stockholders -887,000 -1.9M -935,000 736,000 -619,000
Net Income -887,000 -1.9M -935,000 736,000 -619,000
EBITDA 2.8M 1.3M 2.4M 3.5M 2.1M
Normalized EBITDA 3.0M 1.4M 2.4M 3.9M 3.3M
Reconciled Depreciation 2.6M 2.5M 2.6M 2.6M 2.6M
Basic EPS -0.04 -0.08 -0.04 -- -0.03
Diluted EPS -0.04 -0.08 -0.04 -- -0.03
Basic Average Shares 23.4M 23.4M 23.4M -- 23.4M
Diluted Average Shares 23.4M 23.5M 23.4M -- 23.5M
Total Unusual Items -222,000 -75,000 -9,000 -330,000 -1.2M
Total Unusual Items Excluding Goodwill -222,000 -75,000 -9,000 -330,000 -1.2M
Tax Rate For Calcs 0.15 0.15 0.15 0.15 0.29
Normalized Income -698,300 -1.9M -927,350 1.0M 244,770
Depreciation Amortization Depletion Income Statement 2.6M 2.5M 2.6M 2.6M 2.6M
Diluted NI Availto Com Stockholders -887,000 -1.9M -935,000 736,000 -619,000
Gain On Sale Of Ppe 0.00 0.00 -- -260,000 0.00
Net Income Continuous Operations -887,000 -1.9M -935,000 736,000 -619,000
Net Non Operating Interest Income Expense -296,000 -290,000 -325,000 -317,000 -347,000
Other Gand A 2.8M 2.5M 3.1M 2.7M 2.7M
Reconciled Cost Of Revenue 6.3M 6.6M 6.7M 6.3M 6.7M
Salaries And Wages 22,000 984,000 198,000 -350,000 859,000
Selling And Marketing Expense 1.8M 2.0M 2.1M 1.9M 2.0M
Total Expenses 15.4M 16.8M 16.5M 14.3M 15.9M
Total Operating Income As Reported -- -1.1M -- -- --
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 14.1M 4.8M 10.4M 13.3M 13.3M
Cash Cash Equivalents And Short Term Investments 14.1M 4.8M 10.4M 13.3M 13.3M
Accounts Receivable 7.5M 7.7M 8.9M 9.7M 11.7M
Receivables 9.5M 8.5M 9.9M 10.6M 12.4M
Other Current Assets 4.0M 4.4M 4.0M 3.1M 4.0M
Current Assets 27.6M 17.7M 24.4M 27.7M 29.8M
Net PPE 365,000 406,000 468,000 512,000 573,000
Goodwill 26.9M 26.6M 27.3M 27.4M 26.4M
Goodwill And Other Intangible Assets 63.3M 64.5M 68.0M 69.7M 68.6M
Other Intangible Assets 36.4M 37.9M 40.6M 42.4M 42.2M
Total Non Current Assets 63.7M 64.9M 68.4M 70.2M 69.2M
Total Assets 91.3M 82.6M 92.8M 97.9M 99.0M
Current Debt -- -- -- -- 19.0M
Current Debt And Capital Lease Obligation -- -- -- 156,000 19.2M
Accounts Payable 5.8M 7.7M 9.7M 2.1M 1.8M
Payables 5.8M 7.7M 9.7M 5.8M 2.2M
Payables And Accrued Expenses 5.8M 7.7M 9.7M 7.0M 6.3M
Current Accrued Expenses -- -- -- 1.3M 4.1M
Current Deferred Revenue 25.8M 14.9M 19.5M 23.0M 26.8M
Other Current Liabilities 1.7M 2.2M 1.3M 3.9M 2.5M
Current Liabilities 33.3M 24.8M 30.6M 34.3M 54.8M
Long Term Debt 19.1M 19.1M 19.1M 19.2M --
Long Term Debt And Capital Lease Obligation 19.1M 19.1M 19.1M 19.2M --
Other Non Current Liabilities 1.6M 1.5M 1.7M 1.4M 3.9M
Total Non Current Liabilities Net Minority Interest 25.4M 24.6M 25.8M 26.0M 9.0M
Total Liabilities Net Minority Interest 58.7M 49.4M 56.4M 60.3M 63.8M
Common Stock 81.2M 81.2M 81.2M 81.2M 80.9M
Capital Stock 81.2M 81.2M 81.2M 81.2M 80.9M
Additional Paid In Capital 6.0M 5.9M 5.7M 5.7M 5.7M
Retained Earnings -57.7M -56.6M -54.5M -53.3M -53.7M
Gains Losses Not Affecting Retained Earnings 3.0M 2.7M 3.9M 3.9M 2.2M
Common Stock Equity 32.6M 33.2M 36.4M 37.6M 35.2M
Stockholders Equity 32.6M 33.2M 36.4M 37.6M 35.2M
Total Equity Gross Minority Interest 32.6M 33.2M 36.4M 37.6M 35.2M
Total Capitalization 51.7M 52.3M 55.5M 56.7M 35.2M
Net Tangible Assets -30.7M -31.3M -31.6M -32.2M -33.5M
Tangible Book Value -30.7M -31.3M -31.6M -32.2M -33.5M
Working Capital -5.7M -7.1M -6.2M -6.6M -25.0M
Invested Capital 51.7M 52.3M 55.5M 56.7M 54.2M
Total Debt 19.1M 19.1M 19.1M 19.3M 19.2M
Net Debt 5.0M 14.3M 8.7M 5.9M 5.7M
Share Issued 23.4M 23.4M 23.4M 23.4M 23.4M
Ordinary Shares Number 23.4M 23.4M 23.4M 23.4M 23.4M
Allowance For Doubtful Accounts Receivable -246,000 -110,000 -148,000 -148,000 -327,000
Capital Lease Obligations -- -- -- 156,000 215,000
Current Capital Lease Obligation -- -- -- 156,000 215,000
Current Deferred Assets -- -- -- 666,000 --
Current Deferred Liabilities 25.8M 14.9M 19.5M 23.0M 26.8M
Foreign Currency Translation Adjustments 3.0M 2.7M 3.9M 3.9M 2.2M
Gross Accounts Receivable 7.8M 7.8M 9.1M 9.8M 12.0M
Income Tax Payable -- -- -- 460,000 482,000
Line Of Credit -- -- -- 0.00 19.0M
Non Current Deferred Liabilities 4.6M 3.9M 4.7M 5.3M 4.7M
Non Current Deferred Revenue 1.9M 1.8M 2.0M 2.0M --
Non Current Deferred Taxes Liabilities 2.7M 2.1M 2.6M 3.3M 4.7M
Other Payable -- -- -- 3.0M --
Other Receivables 1.9M 835,000 936,000 927,000 765,000
Pensionand Other Post Retirement Benefit Plans Current -- -- -- 209,000 0.00
Taxes Receivable -- -- -- 0.00 --
Total Tax Payable -- -- -- 611,000 482,000
Tradeand Other Payables Non Current 70,000 106,000 340,000 190,000 461,000
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 10.5M -4.3M 1.1M 1.4M 9.8M
Cash Flow From Continuing Operating Activities 10.5M -4.3M 1.1M 1.4M 9.8M
Depreciation And Amortization 2.6M 2.5M 2.6M 2.6M 2.6M
Depreciation Amortization Depletion 2.6M 2.5M 2.6M 2.6M 2.6M
Stock Based Compensation 22,000 984,000 198,000 -350,000 859,000
Change In Working Capital 9.7M -5.0M 178,000 -329,000 6.9M
Changes In Account Receivables -- 1.1M -- -- --
Change In Receivables -827,000 1.1M 748,000 1.7M -2.9M
Change In Payables And Accrued Expense -987,000 -921,000 3.8M -118,000 480,000
Change In Payable -987,000 -921,000 3.8M -118,000 480,000
Change In Other Working Capital 11.1M -4.7M -4.1M -3.5M 8.1M
Change In Other Current Assets -- -- -- -- --
Change In Other Current Liabilities 0.00 0.00 0.00 1.3M 655,000
Other Non Cash Items 4,000 4,000 5,000 6,000 7,000
Capital Expenditure -675,000 -692,000 -971,000 -1.1M -1.4M
Purchase Of PPE 0.00 0.00 -27,000 -23,000 -9,000
Net PPE Purchase And Sale 0.00 0.00 -27,000 -23,000 774,000
Purchase Of Business 0.00 0.00 -2.5M 0.00 -539,000
Sale Of Business 0.00 0.00 -- 0.00 0.00
Investing Cash Flow -675,000 -692,000 -3.4M -1.1M -1.1M
Cash Flow From Continuing Investing Activities -675,000 -692,000 -3.4M -1.1M -1.1M
Repayment Of Debt -42,000 -30,000 -42,000 -80,000 -77,000
Net Issuance Payments Of Debt -42,000 -30,000 -42,000 -80,000 -77,000
Repurchase Of Capital Stock 0.00 0.00 -22,000 -154,000 0.00
Net Common Stock Issuance 0.00 0.00 -22,000 -154,000 0.00
Common Stock Dividend Paid -236,000 -232,000 -234,000 -234,000 -234,000
Common Stock Payments 0.00 0.00 -22,000 -154,000 0.00
Financing Cash Flow -530,000 -410,000 -604,000 -466,000 -323,000
Cash Flow From Continuing Financing Activities -530,000 -410,000 -604,000 -466,000 -323,000
Effect Of Exchange Rate Changes 7,000 -258,000 141,000 21,000 -32,000
Changes In Cash 9.3M -5.4M -3.0M -83,000 8.3M
Beginning Cash Position 4.8M 10.4M 13.3M 13.3M 5.0M
End Cash Position 14.1M 4.8M 10.4M 13.3M 13.3M
Free Cash Flow 9.9M -5.0M 122,000 384,000 8.4M
Capital Expenditure Reported -675,000 -692,000 -- -- -1.3M
Cash Dividends Paid -236,000 -232,000 -234,000 -234,000 -234,000
Change In Prepaid Assets 385,000 -529,000 -245,000 251,000 543,000
Gain Loss On Sale Of PPE 0.00 -- -- 0.00 0.00
Interest Paid Cff -252,000 -148,000 -306,000 -306,000 -334,000
Interest Received Cfi -- -- 0.00 -- 0.00
Long Term Debt Payments -42,000 -30,000 -42,000 -80,000 -77,000
Net Business Purchase And Sale 0.00 0.00 -2.5M 0.00 -539,000
Net Income From Continuing Operations -887,000 -1.9M -935,000 736,000 -619,000
Net Intangibles Purchase And Sale 0.00 0.00 -944,000 -5.3M -48,000
Net Long Term Debt Issuance -42,000 -30,000 -42,000 -80,000 -77,000
Net Short Term Debt Issuance -- -- 0.00 0.00 0.00
Operating Gains Losses -- -- -- 379,000 --
Pension And Employee Benefit Expense 0.00 0.00 0.00 -- 0.00
Proceeds From Stock Option Exercised 0.00 -- -- 308,000 322,000
Purchase Of Intangibles 0.00 0.00 -944,000 -5.3M -48,000
Sale Of PPE 0.00 -- -- 0.00 783,000
Taxes Refund Paid -875,000 -916,000 -977,000 -1.6M 25,000
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