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TrustBIX Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Sep 30, 2025 FY 2024Sep 30, 2024 FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Total Revenue 1.3M 1.6M 2.1M 1.7M --
Operating Revenue 1.3M 1.6M 2.1M 1.7M --
Cost Of Revenue 768,531 931,402 2.0M 2.6M --
Gross Profit 563,182 646,583 157,328 -897,537 --
Selling General And Administration 845,726 826,805 1.5M 2.3M --
General And Administrative Expense 802,352 776,757 1.4M 2.2M --
Research And Development 5,184 0.00 -52,008 338,685 --
Depreciation And Amortization In Income Statement 55,667 49,283 615,157 378,390 --
Other Operating Expenses 242,777 275,406 334,576 94,052 --
Operating Expense 1.1M 1.2M 2.4M 3.1M --
Operating Income -586,172 -504,911 -2.3M -4.0M --
EBIT -907,662 -581,395 -3.0M -3.9M --
Interest Expense 152,895 129,370 123,059 128,616 --
Interest Expense Non Operating 152,895 129,370 123,059 128,616 --
Interest Income 643.00 1,801 1,992 1,492 --
Interest Income Non Operating 643.00 1,801 1,992 1,492 --
Net Interest Income -152,252 -127,569 -121,067 -127,124 --
Other Income Expense -322,133 -78,285 -663,103 18,255 --
Special Income Charges -311,920 -74,982 -645,443 -124.00 --
Write Off 165,300 74,982 0.00 124.00 --
Gain On Sale Of Security -10,213 -3,303 -17,660 18,379 --
Pretax Income -1.1M -710,765 -3.1M -4.1M --
Tax Provision 0.00 0.00 0.00 0.00 --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -1.1M -710,765 -3.1M -4.1M --
Net Income From Continuing Operation Net Minority Interest -1.1M -710,765 -3.1M -4.1M --
Net Income Including Noncontrolling Interests -1.1M -710,765 -3.1M -4.1M --
Net Income Common Stockholders -1.1M -710,765 -3.1M -4.1M --
Net Income -1.1M -710,765 -3.1M -4.1M --
EBITDA -851,995 -532,112 -2.3M -3.6M --
Normalized EBITDA -529,862 -453,827 -1.7M -3.6M --
Reconciled Depreciation 55,667 49,283 615,157 378,390 --
Basic EPS -- -0.01 -0.04 -0.08 -0.06
Diluted EPS -- -0.01 -0.04 -0.08 -0.06
Basic Average Shares -- 114.1M 73.2M 50.7M 35.0M
Diluted Average Shares -- 114.1M 73.2M 50.7M 35.0M
Total Unusual Items -322,133 -78,285 -663,103 18,255 --
Total Unusual Items Excluding Goodwill -322,133 -78,285 -663,103 18,255 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 --
Normalized Income -738,424 -632,480 -2.4M -4.1M --
Depreciation Amortization Depletion Income Statement 55,667 49,283 615,157 378,390 --
Diluted NI Availto Com Stockholders -1.1M -710,765 -3.1M -4.1M --
Gain On Sale Of Ppe -1,041 0.00 20,444 0.00 --
Impairment Of Capital Assets 180,373 0.00 870,407 0.00 --
Net Income Continuous Operations -1.1M -710,765 -3.1M -4.1M --
Net Non Operating Interest Income Expense -152,252 -127,569 -121,067 -127,124 --
Other Gand A 802,352 776,757 1.4M 2.2M --
Other Special Charges -34,794 -- -204,520 -- --
Reconciled Cost Of Revenue 768,531 931,402 2.0M 2.6M --
Salaries And Wages -- -- -- 2.3M 1.7M
Selling And Marketing Expense 43,374 50,048 140,079 123,147 --
Total Expenses 1.9M 2.1M 4.4M 5.6M --
Line Item FY 2025Sep 30, 2025 FY 2024Sep 30, 2024 FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Cash And Cash Equivalents 116,193 72,242 83,997 126,881 --
Cash Cash Equivalents And Short Term Investments 116,193 72,242 83,997 126,881 --
Cash Financial 116,193 72,242 83,997 126,881 --
Accounts Receivable 84,747 36,752 148,923 50,600 --
Receivables 246,172 39,299 220,543 70,385 --
Inventory 13,173 52,019 54,583 74,811 --
Prepaid Assets 4,121 309,069 11,547 86,067 --
Current Assets 379,659 472,629 370,670 358,144 --
Gross PPE 137,572 147,809 152,241 176,487 --
Accumulated Depreciation -114,031 -111,875 -105,567 -111,674 --
Net PPE 23,541 35,934 46,674 64,813 --
Goodwill And Other Intangible Assets 8,092 232,781 8,092 1.5M --
Other Intangible Assets 8,092 232,781 8,092 1.5M --
Investments And Advances 180,244 180,244 180,244 180,244 --
Total Non Current Assets 211,877 448,959 235,010 1.7M --
Total Assets 591,536 921,588 605,680 2.1M --
Current Debt 302,125 190,592 108,706 372,818 --
Current Debt And Capital Lease Obligation 310,683 197,524 114,278 380,857 --
Accounts Payable 1.1M 1.0M 924,742 419,989 --
Payables 1.1M 1.0M 924,742 419,989 --
Payables And Accrued Expenses 1.5M 1.7M 1.6M 655,325 --
Current Accrued Expenses 418,041 643,250 632,006 235,336 --
Current Deferred Revenue 1.1M 751,516 286,286 390,170 --
Current Liabilities 2.9M 2.6M 2.0M 1.4M --
Long Term Debt 466,943 568,854 578,388 613,045 --
Long Term Debt And Capital Lease Obligation 471,898 582,367 598,833 639,062 --
Long Term Capital Lease Obligation 4,955 13,513 20,445 26,017 --
Total Non Current Liabilities Net Minority Interest 471,898 582,367 598,833 639,062 --
Total Liabilities Net Minority Interest 3.4M 3.2M 2.6M 2.1M --
Common Stock 14.2M 14.0M 13.6M 12.8M --
Capital Stock 14.2M 14.0M 13.6M 12.8M --
Additional Paid In Capital 3.9M 3.8M 3.5M 3.2M --
Retained Earnings -21.1M -20.1M -19.4M -16.3M --
Gains Losses Not Affecting Retained Earnings -- -- -- -- 149,628
Other Equity Adjustments -- -- -- -- 149,628
Common Stock Equity -2.8M -2.3M -2.0M 13,402 --
Stockholders Equity -2.8M -2.3M -2.0M 13,402 --
Total Equity Gross Minority Interest -2.8M -2.3M -2.0M 13,402 --
Total Capitalization -2.3M -1.7M -1.4M 626,447 --
Net Tangible Assets -2.8M -2.5M -2.0M -1.5M --
Tangible Book Value -2.8M -2.5M -2.0M -1.5M --
Working Capital -2.5M -2.2M -1.6M -1.1M --
Invested Capital -2.0M -1.5M -1.3M 999,265 --
Total Debt 782,581 779,891 713,111 1.0M --
Net Debt 652,875 687,204 603,097 858,982 --
Share Issued 133.2M 118.9M 102.9M 79.6M --
Ordinary Shares Number 133.2M 118.9M 102.9M 79.6M --
Allowance For Doubtful Accounts Receivable -81,198 -79,024 -4,042 -4,537 --
Capital Lease Obligations 13,513 20,445 26,017 34,056 --
Current Capital Lease Obligation 8,558 6,932 5,572 8,039 --
Current Deferred Liabilities 1.1M 751,516 286,286 390,170 --
Finished Goods 13,173 20,951 15,142 22,550 --
Gross Accounts Receivable 165,945 115,776 152,965 55,137 --
Machinery Furniture Equipment 127,731 131,405 129,270 144,098 --
Other Current Borrowings 302,125 190,592 108,706 372,818 --
Other Equity Interest 206,442 7,641 284,164 370,630 --
Other Properties 9,841 16,404 22,971 32,389 --
Other Receivables 161,425 2,547 71,620 19,785 --
Raw Materials 0.00 31,068 39,441 52,261 --
Line Item FY 2025Sep 30, 2025 FY 2024Sep 30, 2024 FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Operating Cash Flow -192,785 -103,396 -639,944 -2.6M --
Cash Flow From Continuing Operating Activities -192,785 -103,396 -639,944 -2.6M --
Depreciation And Amortization 55,667 49,283 615,157 378,390 --
Depreciation Amortization Depletion 55,667 49,283 615,157 378,390 --
Stock Based Compensation 103,538 22,999 246,204 614,571 --
Change In Working Capital 269,099 337,455 812,500 397,092 --
Changes In Account Receivables -46,873 56,262 -100,158 183,705 --
Change In Receivables -46,873 56,262 -100,158 183,705 --
Change In Inventory 38,846 2,564 20,228 -6,904 --
Change In Payables And Accrued Expense -198,560 110,921 921,793 205,396 --
Change In Other Working Capital 336,037 465,230 -103,883 53,651 --
Other Non Cash Items 92,754 122,650 -89,960 127,717 --
Capital Expenditure -- -2,135 -1,078 -3,217 -14,353
Purchase Of PPE 0.00 -2,135 -1,078 -3,217 --
Net PPE Purchase And Sale 0.00 -2,135 -1,078 -3,217 --
Sale Of Business 0.00 1,016 0.00 -- --
Sale Of Investment -- -- 0.00 180,907 0.00
Net Investment Purchase And Sale -- -- 0.00 180,907 0.00
Investing Cash Flow 0.00 -1,119 -1,078 177,690 --
Cash Flow From Continuing Investing Activities 0.00 -1,119 -1,078 177,690 --
Issuance Of Debt -- 0.00 173,000 250,000 0.00
Repayment Of Debt -90,064 -53,816 -386,226 -53,228 --
Net Issuance Payments Of Debt -90,064 -53,816 -213,226 196,772 --
Issuance Of Capital Stock 326,800 151,000 816,682 1.8M --
Net Common Stock Issuance 326,800 151,000 816,682 1.8M --
Financing Cash Flow 236,736 92,760 598,138 2.1M --
Cash Flow From Continuing Financing Activities 236,736 92,760 598,138 2.1M --
Changes In Cash 43,951 -11,755 -42,884 -323,286 --
Beginning Cash Position 72,242 83,997 126,881 450,167 --
End Cash Position 116,193 72,242 83,997 126,881 --
Free Cash Flow -192,785 -105,531 -641,022 -2.6M --
Amortization Cash Flow 44,316 36,410 -- -- --
Amortization Of Intangibles 44,316 36,410 -- -- --
Asset Impairment Charge 345,673 74,982 870,407 0.00 --
Cash Dividends Paid 0.00 0.00 0.00 -- --
Change In Prepaid Assets 139,649 -297,522 74,520 -38,756 --
Common Stock Issuance 326,800 151,000 816,682 1.8M --
Depreciation 11,352 12,875 -- -- --
Gain Loss On Investment Securities -- -- -- -10,643 --
Gain Loss On Sale Of PPE 1,041 0.00 -20,444 0.00 --
Interest Paid Cff 0.00 -4,424 0.00 -- --
Long Term Debt Issuance -- 0.00 23,000 250,000 --
Long Term Debt Payments -90,064 -53,816 -271,226 -53,228 --
Net Business Purchase And Sale 0.00 1,016 0.00 -- --
Net Foreign Currency Exchange Gain Loss -- -- 0.00 -15,616 14,950
Net Income From Continuing Operations -1.1M -710,765 -3.1M -4.1M --
Net Long Term Debt Issuance -90,064 -53,816 -248,226 196,772 --
Net Other Financing Charges -- -- -5,318 -65,496 -160,094
Net Short Term Debt Issuance -- 0.00 35,000 0.00 0.00
Operating Gains Losses 1,041 -- -20,444 -26,259 14,950
Proceeds From Stock Option Exercised -- -- 0.00 100,000 4,500
Short Term Debt Issuance -- 0.00 150,000 0.00 0.00
Short Term Debt Payments -- 0.00 -115,000 0.00 --
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