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Taiga Building Products Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 1.6B 1.7B 2.2B 2.2B
Operating Revenue 1.6B 1.7B 2.2B 2.2B
Cost Of Revenue 1.5B 1.5B 1.9B 1.9B
Gross Profit 173.3M 198.4M 291.2M 300.2M
Selling General And Administration 106.6M 119.2M 163.5M 165.9M
General And Administrative Expense 74.0M 87.0M 133.5M 138.3M
Operating Expense 106.6M 119.2M 163.5M 165.9M
Operating Income 66.6M 79.2M 127.7M 134.3M
EBIT 72.5M 81.8M 127.3M 133.7M
Interest Expense 5.4M 5.1M 6.8M 8.1M
Interest Expense Non Operating 5.4M 5.1M 6.8M 8.1M
Interest Income 5.9M 3.0M 0.00 --
Interest Income Non Operating 5.9M 3.0M 0.00 --
Net Interest Income 261,000 -2.3M -7.3M -8.4M
Other Income Expense 232,000 -169,000 140,000 -285,000
Other Non Operating Income Expenses 232,000 -169,000 140,000 -285,000
Pretax Income 67.1M 76.7M 120.5M 125.7M
Tax Provision 19.5M 15.4M 31.9M 33.0M
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation 47.6M 61.3M 88.6M 92.7M
Net Income From Continuing Operation Net Minority Interest 47.6M 61.3M 88.6M 92.7M
Net Income Including Noncontrolling Interests 47.6M 61.3M 88.6M 92.7M
Net Income Common Stockholders 47.6M 61.3M 88.6M 92.7M
Net Income 47.6M 61.3M 88.6M 92.7M
EBITDA 85.4M 94.0M 138.8M 144.9M
Normalized EBITDA 85.4M 94.0M 138.8M 144.9M
Reconciled Depreciation 12.9M 12.3M 11.5M 11.1M
Basic EPS 0.44 0.57 0.82 0.85
Diluted EPS 0.44 0.57 0.82 0.85
Basic Average Shares 107.9M 107.5M 108.2M 108.5M
Diluted Average Shares 107.9M 107.5M 108.2M 108.5M
Tax Rate For Calcs 0.29 0.20 0.26 0.26
Normalized Income 47.6M 61.3M 88.6M 92.7M
Diluted NI Availto Com Stockholders 47.6M 61.3M 88.6M 92.7M
Net Income Continuous Operations 47.6M 61.3M 88.6M 92.7M
Net Non Operating Interest Income Expense 261,000 -2.3M -7.3M -8.4M
Other Gand A 74.0M 87.0M 133.5M 138.3M
Reconciled Cost Of Revenue 1.5B 1.5B 1.9B 1.9B
Selling And Marketing Expense 32.7M 32.3M 29.9M 27.6M
Total Expenses 1.6B 1.6B 2.1B 2.1B
Total Other Finance Cost 241,000 241,000 499,000 327,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 192.4M 152.8M 94.5M 69.7M
Cash Cash Equivalents And Short Term Investments 192.4M 152.8M 94.5M 69.7M
Cash Financial -- -- 94.5M 69.7M
Accounts Receivable 137.7M 115.4M 114.6M 133.1M
Receivables 155.3M 133.7M 138.1M 139.2M
Inventory 179.0M 174.8M 226.3M 217.7M
Prepaid Assets 3.8M 5.4M 5.0M 4.0M
Current Assets 530.5M 466.6M 464.0M 430.6M
Gross PPE 208.1M 193.1M 187.1M 176.8M
Accumulated Depreciation -86.9M -74.0M -64.9M -55.5M
Net PPE 121.2M 119.1M 122.1M 121.3M
Goodwill 11.3M 10.3M 10.6M 9.9M
Goodwill And Other Intangible Assets 22.6M 21.9M 23.6M 23.2M
Other Intangible Assets 11.3M 11.5M 13.0M 13.3M
Investments And Advances 12.0M 11.3M 0.00 --
Other Investments 9.6M 8.8M -- --
Other Non Current Assets 1.9M -- -- --
Total Non Current Assets 163.1M 157.7M 153.9M 152.4M
Total Assets 693.5M 624.3M 617.8M 583.0M
Current Debt -- -- -- 13.1M
Current Debt And Capital Lease Obligation 6.0M 5.5M 5.4M 18.4M
Accounts Payable 94.6M 78.7M 81.0M 81.8M
Payables 94.6M 78.7M 81.0M 113.5M
Payables And Accrued Expenses 126.9M 119.9M 141.8M 185.9M
Current Accrued Expenses 32.4M 41.2M 60.7M 72.5M
Other Current Liabilities -- 205,000 222,000 808,000
Current Liabilities 139.2M 131.7M 153.4M 206.0M
Long Term Debt -- -- -- 6.8M
Long Term Debt And Capital Lease Obligation 91.4M 89.8M 92.0M 100.9M
Long Term Capital Lease Obligation 91.4M 89.8M 92.0M 94.1M
Total Non Current Liabilities Net Minority Interest 99.9M 97.2M 101.2M 110.0M
Total Liabilities Net Minority Interest 239.1M 228.9M 254.6M 315.9M
Common Stock 122.5M 122.5M 123.1M 123.2M
Capital Stock 122.5M 122.5M 123.1M 123.2M
Retained Earnings 312.9M 265.3M 229.0M 140.4M
Gains Losses Not Affecting Retained Earnings 19.0M 7.6M 11.1M 3.5M
Other Equity Adjustments 19.0M 7.6M -- --
Common Stock Equity 454.4M 395.4M 363.2M 267.1M
Stockholders Equity 454.4M 395.4M 363.2M 267.1M
Total Equity Gross Minority Interest 454.4M 395.4M 363.2M 267.1M
Total Capitalization 454.4M 395.4M 363.2M 273.8M
Net Tangible Assets 431.8M 373.5M 339.7M 243.9M
Tangible Book Value 431.8M 373.5M 339.7M 243.9M
Working Capital 391.3M 335.0M 310.6M 224.6M
Invested Capital 454.4M 395.4M 363.2M 287.0M
Total Debt 97.4M 95.4M 97.4M 119.3M
Share Issued 107.9M 108.0M 108.2M 108.2M
Ordinary Shares Number 107.9M 108.0M 108.2M 108.2M
Buildings And Improvements 44.7M 38.6M 36.6M 31.1M
Capital Lease Obligations 97.4M 95.4M 97.4M 99.4M
Current Capital Lease Obligation 6.0M 5.5M 5.4M 5.3M
Current Notes Payable -- -- 0.00 12.5M
Current Provisions 6.2M 6.0M 6.0M 819,000
Financial Assets Designatedas Fair Value Through Profitor Loss Total -- 11.3M 0.00 --
Finished Goods 177.8M 170.2M 225.0M 215.9M
Foreign Currency Translation Adjustments -- 7.6M 11.1M 3.5M
Held To Maturity Securities 2.4M 2.4M -- --
Income Tax Payable -- -- 0.00 31.7M
Inventories Adjustments Allowances -311,000 -242,000 -1.0M -200,000
Investmentin Financial Assets 2.4M 2.4M 0.00 --
Land And Improvements 128.2M 120.8M 118.3M 116.7M
Leases 15.8M 14.5M 13.8M 12.9M
Long Term Provisions 34,000 151,000 263,000 370,000
Machinery Furniture Equipment 19.4M 19.2M 18.3M 16.2M
Non Current Deferred Assets 5.5M 5.4M 8.1M 8.0M
Non Current Deferred Liabilities 8.5M 7.2M 8.9M 8.7M
Non Current Deferred Revenue 2.0M 2.1M 2.2M 2.4M
Non Current Deferred Taxes Assets 5.5M 5.4M 8.1M 8.0M
Non Current Deferred Taxes Liabilities 6.5M 5.1M 6.6M 6.3M
Other Current Borrowings -- -- -- 636,000
Other Properties -- -- 36.6M 31.1M
Other Receivables 14.4M 5.0M 9.9M 7.4M
Properties 0.00 0.00 0.00 0.00
Raw Materials 1.5M 4.8M 2.4M 2.0M
Receivables Adjustments Allowances -1.7M -948,000 -1.3M -1.3M
Taxes Receivable 4.9M 14.3M 15.0M 0.00
Total Tax Payable -- -- 0.00 31.7M
Unrealized Gain Loss -- -- 11.1M 3.5M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 48.2M 107.5M 53.8M 118.6M
Cash Flow From Continuing Operating Activities 48.2M 107.5M 53.8M 118.6M
Depreciation And Amortization 12.9M 12.3M 11.5M 11.1M
Depreciation Amortization Depletion 12.9M 12.3M 11.5M 11.1M
Deferred Tax 19.5M 15.4M 31.9M 33.0M
Deferred Income Tax 19.5M 15.4M 31.9M 33.0M
Change In Working Capital -15.3M 34.1M 2.6M 345,000
Changes In Account Receivables -31.9M 3.5M 16.3M -3.0M
Change In Receivables -31.9M 3.5M 16.3M -3.0M
Change In Inventory -6.1M 51.6M -8.7M -27.7M
Change In Payables And Accrued Expense 15.0M -18.9M -6.0M 32.5M
Change In Other Working Capital 11.3M -2.5M 8.2M -806,000
Other Non Cash Items 691,000 2.2M 7.2M 8.3M
Capital Expenditure -4.0M -4.7M -4.1M -3.2M
Purchase Of PPE -4.0M -4.7M -4.1M -3.2M
Net PPE Purchase And Sale -3.8M -4.6M -4.0M -3.2M
Purchase Of Investment 0.00 -12.0M 0.00 --
Net Investment Purchase And Sale 0.00 -12.0M 0.00 --
Investing Cash Flow -3.8M -16.6M -4.0M -3.2M
Cash Flow From Continuing Investing Activities -3.8M -16.6M -4.0M -3.2M
Repayment Of Debt -6.4M -6.1M -25.5M -14.3M
Net Issuance Payments Of Debt -6.4M -6.1M -25.5M -14.3M
Repurchase Of Capital Stock -32,000 -601,000 -94,000 -844,000
Net Common Stock Issuance -32,000 -601,000 -94,000 -844,000
Common Stock Payments -32,000 -601,000 -94,000 -844,000
Financing Cash Flow -6.5M -31.7M -26.4M -46.0M
Cash Flow From Continuing Financing Activities -6.5M -31.7M -26.4M -46.0M
Effect Of Exchange Rate Changes 1.8M -944,000 1.4M 244,000
Changes In Cash 37.9M 59.2M 23.4M 69.4M
Beginning Cash Position 152.8M 94.5M 69.7M 0.00
End Cash Position 192.4M 152.8M 94.5M 69.7M
Free Cash Flow 44.2M 102.8M 49.7M 115.4M
Amortization Cash Flow 12.9M 12.3M 11.5M 11.1M
Amortization Of Intangibles 12.9M 12.3M 11.5M 11.1M
Cash Dividends Paid 0.00 -25.0M 0.00 -30.0M
Change In Prepaid Assets -3.6M 410,000 -7.2M -652,000
Interest Paid Cff -- 0.00 -769,000 -875,000
Interest Paid Cfo -1.1M -5.7M -6.6M -7.0M
Long Term Debt Payments -6.4M -6.1M -25.5M -5.3M
Net Foreign Currency Exchange Gain Loss -- -- 8.2M -806,000
Net Income From Continuing Operations 47.6M 61.3M 88.6M 92.7M
Net Long Term Debt Issuance -6.4M -6.1M -25.5M -5.3M
Net Short Term Debt Issuance -- 0.00 0.00 -9.0M
Operating Gains Losses -109,000 -14,000 -15,000 391,000
Provisionand Write Offof Assets -117,000 -112,000 -107,000 -101,000
Sale Of PPE 119,000 116,000 123,000 39,000
Short Term Debt Payments -- -- -12.5M -9.0M
Taxes Refund Paid -16.1M -13.1M -80.2M -20.7M
Unrealized Gain Loss On Investment Securities 121,000 1.2M -1.0M 613,000
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