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TrustBIX 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 309,935 324,545 335,412 361,821 392,256 --
Operating Revenue 309,935 324,545 335,412 361,821 392,256 --
Cost Of Revenue 209,374 175,986 180,974 202,197 237,412 --
Gross Profit 100,561 148,559 154,438 159,624 154,844 --
Selling General And Administration 226,612 300,001 126,337 192,776 189,554 --
General And Administrative Expense 220,774 290,456 113,912 177,210 179,265 --
Research And Development -- -- -- -- 0.00 0.00
Depreciation And Amortization In Income Statement 9,195 9,332 9,421 27,719 7,469 --
Other Operating Expenses 45,043 52,604 70,331 74,799 81,898 --
Operating Expense 286,034 361,937 206,089 295,294 278,921 --
Operating Income -185,473 -213,378 -51,651 -135,670 -124,077 --
EBIT -533,630 -222,437 -18,495 -133,100 -203,039 --
Interest Expense 33,299 33,547 32,916 53,133 36,018 --
Interest Expense Non Operating 33,299 33,547 32,916 53,133 36,018 --
Interest Income 191.00 129.00 143.00 180.00 219.00 --
Interest Income Non Operating 191.00 129.00 143.00 180.00 219.00 --
Net Interest Income -33,108 -33,418 -32,773 -52,953 -35,799 --
Other Income Expense -348,348 -9,188 33,013 2,390 -79,181 --
Special Income Charges -346,714 0.00 34,794 -- -74,982 0.00
Gain On Sale Of Security -1,634 -9,188 -1,781 2,390 -4,199 --
Pretax Income -566,929 -255,984 -51,411 -186,233 -239,057 --
Tax Provision 0.00 0.00 0.00 0.00 0.00 --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -566,929 -255,984 -51,411 -186,233 -239,057 --
Net Income From Continuing Operation Net Minority Interest -566,929 -255,984 -51,411 -186,233 -239,057 --
Net Income Including Noncontrolling Interests -566,929 -255,984 -51,411 -186,233 -239,057 --
Net Income Common Stockholders -566,929 -255,984 -51,411 -186,233 -239,057 --
Net Income -566,929 -255,984 -51,411 -186,233 -239,057 --
EBITDA -524,435 -213,105 -9,074 -105,381 -195,570 --
Normalized EBITDA -176,087 -203,917 -42,087 -107,771 -116,389 --
Reconciled Depreciation 9,195 9,332 9,421 27,719 7,469 --
Basic EPS -- 0.00 0.00 0.00 -- 0.00
Diluted EPS -- 0.00 0.00 0.00 -- 0.00
Basic Average Shares -- 123.2M 123.2M 119.7M -- 118.9M
Diluted Average Shares -- 123.2M 123.2M 119.7M -- 118.9M
Total Unusual Items -348,348 -9,188 33,013 2,390 -79,181 --
Total Unusual Items Excluding Goodwill -348,348 -9,188 33,013 2,390 -79,181 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00 --
Normalized Income -218,581 -246,796 -84,424 -188,623 -159,876 --
Depreciation Amortization Depletion Income Statement 9,195 9,332 9,421 27,719 7,469 --
Diluted NI Availto Com Stockholders -566,929 -255,984 -51,411 -186,233 -239,057 --
Net Income Continuous Operations -566,929 -255,984 -51,411 -186,233 -239,057 --
Net Non Operating Interest Income Expense -33,108 -33,418 -32,773 -52,953 -35,799 --
Other Gand A 220,774 290,456 113,912 177,210 179,265 --
Other Special Charges 0.00 -- -34,794 -- -- --
Reconciled Cost Of Revenue 209,374 175,986 180,974 202,197 237,412 --
Selling And Marketing Expense 5,838 9,545 12,425 15,566 10,289 --
Total Expenses 495,408 537,923 387,063 497,491 516,333 --
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 116,193 76,290 62,057 79,952 72,242 --
Cash Cash Equivalents And Short Term Investments 116,193 76,290 62,057 79,952 72,242 --
Cash Financial 116,193 76,290 62,057 79,952 72,242 --
Accounts Receivable 84,747 56,428 35,620 73,761 36,752 --
Receivables 246,172 57,428 36,620 74,761 39,299 --
Inventory 13,173 42,282 42,289 46,657 52,019 --
Prepaid Assets 4,121 264,085 268,999 289,945 309,069 --
Current Assets 379,659 440,085 409,965 491,315 472,629 --
Gross PPE 137,572 142,887 144,527 146,168 147,809 --
Accumulated Depreciation -114,031 -115,636 -114,472 -113,221 -111,875 --
Net PPE 23,541 27,251 30,055 32,947 35,934 --
Goodwill And Other Intangible Assets 8,092 194,993 201,520 208,048 232,781 --
Other Intangible Assets 8,092 194,993 201,520 208,048 232,781 --
Investments And Advances 180,244 180,244 180,244 180,244 180,244 --
Total Non Current Assets 211,877 402,488 411,819 421,239 448,959 --
Total Assets 591,536 842,573 821,784 912,554 921,588 --
Current Debt 302,125 219,535 125,339 236,694 190,592 --
Current Debt And Capital Lease Obligation 310,683 227,659 133,048 244,006 197,524 --
Accounts Payable 1.1M 1.1M 1.1M 1.1M 1.0M --
Payables 1.1M 1.1M 1.1M 1.1M 1.0M --
Payables And Accrued Expenses 1.5M 1.7M 1.6M 1.8M 1.7M --
Current Accrued Expenses 418,041 543,048 509,742 612,750 643,250 --
Current Deferred Revenue 1.1M 989,273 888,739 741,948 751,516 --
Current Liabilities 2.9M 2.9M 2.6M 2.7M 2.6M --
Long Term Debt 466,943 548,465 626,425 539,338 568,854 --
Long Term Debt And Capital Lease Obligation 471,898 555,737 635,912 550,883 582,367 --
Long Term Capital Lease Obligation 4,955 7,272 9,487 11,545 13,513 --
Total Non Current Liabilities Net Minority Interest 471,898 555,737 635,912 550,883 582,367 --
Total Liabilities Net Minority Interest 3.4M 3.5M 3.3M 3.3M 3.2M --
Common Stock 14.2M 14.1M 14.1M 14.1M 14.0M --
Capital Stock 14.2M 14.1M 14.1M 14.1M 14.0M --
Additional Paid In Capital 3.9M 3.9M 3.8M 3.8M 3.8M --
Retained Earnings -21.1M -20.6M -20.3M -20.2M -20.1M --
Common Stock Equity -2.8M -2.6M -2.4M -2.4M -2.3M --
Stockholders Equity -2.8M -2.6M -2.4M -2.4M -2.3M --
Total Equity Gross Minority Interest -2.8M -2.6M -2.4M -2.4M -2.3M --
Total Capitalization -2.3M -2.1M -1.8M -1.8M -1.7M --
Net Tangible Assets -2.8M -2.8M -2.6M -2.6M -2.5M --
Tangible Book Value -2.8M -2.8M -2.6M -2.6M -2.5M --
Working Capital -2.5M -2.5M -2.2M -2.3M -2.2M --
Invested Capital -2.0M -1.8M -1.7M -1.6M -1.5M --
Total Debt 782,581 783,396 768,960 794,889 779,891 --
Net Debt 652,875 691,710 689,707 696,080 687,204 --
Share Issued 133.2M 123.2M 123.2M 123.2M 118.9M --
Ordinary Shares Number 133.2M 123.2M 123.2M 123.2M 118.9M --
Allowance For Doubtful Accounts Receivable -81,198 -81,198 -79,024 -79,024 -79,024 --
Capital Lease Obligations 13,513 15,396 17,196 18,857 20,445 --
Current Capital Lease Obligation 8,558 8,124 7,709 7,312 6,932 --
Current Deferred Liabilities 1.1M 989,273 888,739 741,948 751,516 --
Finished Goods 13,173 15,025 15,031 17,021 20,951 --
Gross Accounts Receivable 165,945 137,626 114,644 152,785 115,776 --
Machinery Furniture Equipment 127,731 131,405 131,405 131,405 131,405 --
Other Current Borrowings 302,125 219,535 125,339 236,694 190,592 --
Other Equity Interest 206,442 -- -- -- 7,641 7,641
Other Properties 9,841 11,482 13,122 14,763 16,404 --
Other Receivables 161,425 1,000 1,000 1,000 2,547 --
Raw Materials 0.00 27,257 27,258 29,636 31,068 --
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 -168,549 31,780 4,590 -60,606 -49,109 --
Cash Flow From Continuing Operating Activities -168,549 31,780 4,590 -60,606 -49,109 --
Depreciation And Amortization 9,195 9,332 9,421 27,719 7,469 --
Depreciation Amortization Depletion 9,195 9,332 9,421 27,719 7,469 --
Stock Based Compensation 21,787 76,145 1,400 4,206 4,204 --
Change In Working Capital -11,049 170,305 48,623 61,220 71,465 --
Changes In Account Receivables -29,743 -20,808 38,140 -34,462 -28,194 --
Change In Receivables -29,743 -20,808 38,140 -34,462 -28,194 --
Change In Inventory 29,109 7.00 4,368 5,362 40,450 --
Change In Payables And Accrued Expense -203,360 85,658 -161,622 80,764 -4,133 --
Change In Payable -- -- -161,622 -- -- --
Change In Other Working Capital 98,280 100,534 146,791 -9,568 41,253 --
Other Non Cash Items 31,733 31,982 -3,443 32,482 31,828 --
Capital Expenditure -- -- -- -- -- -2,135
Purchase Of PPE 0.00 0.00 -- -- 0.00 -2,135
Net PPE Purchase And Sale 0.00 0.00 -- -- 0.00 -2,135
Sale Of Business 0.00 0.00 0.00 0.00 0.00 --
Investing Cash Flow 0.00 0.00 0.00 0.00 0.00 --
Cash Flow From Continuing Investing Activities 0.00 0.00 0.00 0.00 0.00 --
Issuance Of Debt -- -- -- -- 0.00 0.00
Repayment Of Debt -32,548 -17,547 -22,485 -17,484 -17,486 --
Net Issuance Payments Of Debt -32,548 -17,547 -22,485 -17,484 -17,486 --
Issuance Of Capital Stock 241,000 0.00 -- 85,800 0.00 0.00
Net Common Stock Issuance 241,000 0.00 -- 85,800 0.00 0.00
Financing Cash Flow 208,452 -17,547 -22,485 68,316 -17,484 --
Cash Flow From Continuing Financing Activities 208,452 -17,547 -22,485 68,316 -17,484 --
Changes In Cash 39,903 14,233 -17,895 7,710 -66,593 --
Beginning Cash Position 76,290 62,057 79,952 72,242 199,618 --
End Cash Position 116,193 76,290 62,057 79,952 72,242 --
Free Cash Flow -168,549 31,780 4,590 -60,606 -49,109 --
Cash Dividends Paid 0.00 0.00 0.00 -- 0.00 0.00
Change In Account Payable -- -- -161,622 -- -- --
Change In Prepaid Assets 94,665 4,914 20,946 19,124 22,089 --
Common Stock Issuance 241,000 0.00 -- 85,800 0.00 0.00
Interest Paid Cff 0.00 0.00 0.00 -- 2.00 0.00
Long Term Debt Payments -32,548 -17,547 -22,485 -17,484 -17,486 --
Net Business Purchase And Sale 0.00 0.00 0.00 0.00 0.00 --
Net Foreign Currency Exchange Gain Loss -- -- -- -- -- 0.00
Net Income From Continuing Operations -566,929 -255,984 -51,411 -186,233 -239,057 --
Net Long Term Debt Issuance -32,548 -17,547 -22,485 -17,484 -17,486 --
Net Short Term Debt Issuance -- -- -- -- 0.00 0.00
Proceeds From Stock Option Exercised -- -- 0.00 -- -- --
Short Term Debt Issuance -- -- -- -- 0.00 0.00
Short Term Debt Payments -- -- -- -- 0.00 0.00
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