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Timbercreek Financial Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Total Revenue 36.4M 40.7M 40.0M 38.9M 41.7M
Operating Revenue 36.4M 40.7M 40.0M 38.9M 41.7M
Cost Of Revenue 18.8M 20.8M 20.8M 21.7M 23.2M
Gross Profit 17.6M 19.8M 19.2M 17.2M 18.5M
Selling General And Administration 978,000 1.0M 813,000 564,000 929,000
General And Administrative Expense 978,000 1.0M 813,000 564,000 929,000
Operating Expense 3.1M 2.6M 15.9M 816,000 832,000
Operating Income 14.6M 17.3M 3.3M 16.4M 17.7M
EBIT 15.0M 17.4M 5.0M 16.7M 17.9M
Interest Expense 2.6M 2.6M 2.6M 2.6M 2.5M
Interest Expense Non Operating 2.6M 2.6M 2.6M 2.6M 2.5M
Net Interest Income -2.6M -2.6M -2.6M -2.6M -2.5M
Other Income Expense 431,000 119,000 1.7M 291,000 235,000
Gain On Sale Of Security 355,000 102,000 1.7M 291,000 235,000
Earnings From Equity Interest 76,000 17,000 -- -- 0.00
Pretax Income 12.4M 14.8M 2.4M 14.1M 15.4M
Tax Effect Of Unusual Items 53,250 15,300 251,700 43,650 35,250
Net Income From Continuing And Discontinued Operation 12.4M 14.8M 2.4M 14.1M 15.4M
Net Income From Continuing Operation Net Minority Interest 12.4M 14.8M 2.4M 14.1M 15.4M
Net Income Including Noncontrolling Interests 12.4M 14.8M 2.4M 14.1M 15.4M
Net Income Common Stockholders 12.4M 14.8M 2.4M 14.1M 15.4M
Net Income 12.4M 14.8M 2.4M 14.1M 15.4M
EBITDA 15.0M 17.4M 5.0M 16.7M 17.9M
Normalized EBITDA 14.6M 17.3M 3.3M 16.4M 17.7M
Basic EPS 0.15 0.18 -- 0.17 0.19
Diluted EPS 0.15 0.18 -- 0.17 0.18
Basic Average Shares 82.8M 83.0M -- 83.0M 83.0M
Diluted Average Shares 82.8M 97.3M -- 83.0M 97.5M
Total Unusual Items 355,000 102,000 1.7M 291,000 235,000
Total Unusual Items Excluding Goodwill 355,000 102,000 1.7M 291,000 235,000
Tax Rate For Calcs 0.15 0.15 0.15 0.15 0.15
Normalized Income 12.1M 14.7M 946,700 13.8M 15.2M
Average Dilution Earnings 0.00 2.6M -- 0.00 2.5M
Diluted NI Availto Com Stockholders 12.4M 17.4M -1.0M 14.1M 17.9M
Net Income Continuous Operations 12.4M 14.8M 2.4M 14.1M 15.4M
Net Non Operating Interest Income Expense -2.6M -2.6M -2.6M -2.6M -2.5M
Other Gand A 978,000 1.0M 813,000 564,000 929,000
Provision For Doubtful Accounts 2.1M 1.6M 15.1M 252,000 -97,000
Reconciled Cost Of Revenue 18.8M 20.8M 20.8M 21.7M 23.2M
Total Expenses 21.8M 23.4M 36.7M 22.5M 24.0M
Total Operating Income As Reported 19.6M 23.3M 11.0M 22.5M 23.5M
Line Item Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 2.2M 5.3M 13.3M 6.3M 735,000
Cash Cash Equivalents And Short Term Investments 2.2M 5.3M 13.3M 6.3M 735,000
Cash Financial 2.2M 5.3M 13.3M 6.3M 735,000
Receivables 14.1M 37.4M 36.9M 44.7M 54.4M
Inventory 28.8M 29.6M 165.1M 34.4M 30.6M
Current Assets 47.8M 76.0M 220.0M 218.8M 219.9M
Investments And Advances 1.8B 1.7B 1.5B 1.4B 1.5B
Long Term Equity Investment 20.4M 20.3M 2.2M 2.2M 2.2M
Other Non Current Assets 7.0M 4.0M 2.7M 6.1M 4.9M
Total Non Current Assets 1.8B 1.7B 1.5B 1.4B 1.5B
Total Assets 1.8B 1.8B 1.7B 1.6B 1.7B
Current Debt 1.1M 333.0M 1.6M 1.2M 1.2M
Current Debt And Capital Lease Obligation 1.1M 333.0M 1.6M 1.2M 1.2M
Accounts Payable 12.4M 13.1M 11.7M 12.4M 12.4M
Payables 13.4M 14.2M 12.7M 13.4M 13.3M
Payables And Accrued Expenses 13.4M 14.2M 12.7M 13.4M 13.3M
Current Deferred Revenue 1.5M 2.0M 3.0M 1.3M 2.0M
Other Current Liabilities -- -- 67.3M 68.8M 68.8M
Current Liabilities 16.0M 349.1M 84.7M 84.7M 85.3M
Long Term Debt 485.9M 140.0M 535.7M 463.0M 444.3M
Long Term Debt And Capital Lease Obligation 485.9M 140.0M 535.7M 463.0M 444.3M
Other Non Current Liabilities 648.3M 614.0M 427.3M 394.1M 480.3M
Total Non Current Liabilities Net Minority Interest 1.1B 754.0M 962.9M 857.2M 924.6M
Total Liabilities Net Minority Interest 1.2B 1.1B 1.0B 941.8M 1.0B
Common Stock 731.3M 731.5M 732.9M 732.9M 732.9M
Capital Stock 731.3M 731.5M 732.9M 732.9M 732.9M
Retained Earnings -53.6M -51.7M -52.1M -40.2M -39.9M
Common Stock Equity 683.5M 685.6M 686.6M 698.5M 698.8M
Stockholders Equity 683.5M 685.6M 686.6M 698.5M 698.8M
Total Equity Gross Minority Interest 683.5M 685.6M 686.6M 698.5M 698.8M
Total Capitalization 1.2B 825.6M 1.2B 1.2B 1.1B
Net Tangible Assets 683.5M 685.6M 686.6M 698.5M 698.8M
Tangible Book Value 683.5M 685.6M 686.6M 698.5M 698.8M
Working Capital 31.8M -273.1M 135.4M 134.1M 134.6M
Invested Capital 1.2B 1.2B 1.2B 1.2B 1.1B
Total Debt 487.0M 473.0M 537.3M 464.2M 445.5M
Net Debt 484.8M 467.7M 524.0M 457.9M 444.8M
Share Issued 82.8M 82.8M 83.0M 83.0M 83.0M
Ordinary Shares Number 82.8M 82.8M 83.0M 83.0M 83.0M
Assets Held For Sale Current 0.00 0.00 -- 131.0M 131.0M
Available For Sale Securities 1.7B 1.7B 1.5B 1.4B 1.5B
Current Deferred Liabilities 1.5M 2.0M 3.0M 1.3M 2.0M
Dueto Related Parties Current -- 1.1M 1.0M -- 918,000
Financial Assets Designatedas Fair Value Through Profitor Loss Total 11.0M 10.9M 9.3M 9.4M 10.9M
Finished Goods 28.8M 29.6M 165.1M 34.4M 30.6M
Investmentin Financial Assets 1.8B 1.7B 1.5B 1.4B 1.5B
Investmentsin Joint Venturesat Cost 20.4M 20.3M 2.2M 2.2M 2.2M
Line Of Credit 1.1M 331.2M 1.6M 1.2M 1.2M
Loans Receivable 8.1M 31.3M 30.9M 38.6M 48.4M
Other Current Borrowings -- 1.7M -- -- --
Other Equity Interest 5.8M 5.8M 5.8M 5.8M 5.8M
Other Payable 938,000 -- -- 983,000 --
Other Receivables 6.0M 6.0M 6.0M 6.0M 6.0M
Restricted Cash 2.6M 3.7M 4.7M 2.4M 3.2M
Line Item Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow 23,000 6.8M -119.4M -282,000 -5.8M
Cash Flow From Continuing Operating Activities 23,000 6.8M -119.4M -282,000 -5.8M
Change In Working Capital -1.2M 1.4M 1.5M -1.2M 3.4M
Change In Payables And Accrued Expense -709,000 -1.2M 255,000 508,000 141,000
Change In Payable -709,000 -1.2M 255,000 508,000 141,000
Change In Other Working Capital -466,000 111,000 1.8M -30,000 1.2M
Change In Other Current Assets 554,000 3.6M -981,000 -932,000 2.8M
Change In Other Current Liabilities -610,000 -1.1M 455,000 -763,000 -694,000
Other Non Cash Items -23.4M -18.8M -114.7M -22.5M -33.8M
Purchase Of Investment -- -- 432.9M -99.8M -133,000
Sale Of Investment 189,000 246,000 -- 306,000 2.3M
Net Investment Purchase And Sale 189,000 246,000 45.8M 306,000 -133,000
Investing Cash Flow -2.6M 66.0M 45.4M 1.9M 2.1M
Cash Flow From Continuing Investing Activities -2.6M 66.0M 45.4M 1.9M 2.1M
Issuance Of Debt 14.0M -- 74.5M 18.1M 57.9M
Repayment Of Debt 0.00 -- 0.00 0.00 -45.0M
Net Issuance Payments Of Debt 14.0M -65.0M 74.5M 18.1M 12.9M
Repurchase Of Capital Stock -1.5M -2.9M -1.4M -1.5M -1.5M
Net Common Stock Issuance -1.5M -2.9M -1.4M -1.5M -1.5M
Common Stock Dividend Paid -12.9M -12.9M -12.9M -12.9M -12.8M
Common Stock Payments -1.5M -2.9M -1.4M -1.5M -1.5M
Financing Cash Flow -469,000 -80.8M 81.1M 3.8M -1.4M
Cash Flow From Continuing Financing Activities -469,000 -80.8M 81.1M 3.8M -1.4M
Effect Of Exchange Rate Changes -20,000 8,000 -34,000 96,000 -73,000
Changes In Cash -3.0M -8.0M 7.1M 5.5M -5.1M
Beginning Cash Position 5.3M 13.3M 6.3M 735,000 5.9M
End Cash Position 2.2M 5.3M 13.3M 6.3M 735,000
Free Cash Flow 23,000 6.8M -119.4M -282,000 -5.8M
Cash Dividends Paid -12.9M -12.9M -12.9M -12.9M -12.8M
Change In Account Payable -548,000 -1.2M 197,000 444,000 93,000
Dividends Received Cfi 0.00 1.4M 114,000 1.6M 2.3M
Earnings Losses From Equity Investments -76,000 -17,000 -- -- 0.00
Gain Loss On Investment Securities -313,000 -40,000 -- -- --
Interest Paid Cff -- -- -- -8.4M -6.3M
Interest Paid Cfo -7.2M -7.5M -- -- -8.8M
Interest Received Cfo 17.7M 15.3M 10.2M 17.4M 18.4M
Long Term Debt Issuance 14.0M -- 74.5M 18.1M 57.9M
Long Term Debt Payments 0.00 -- 0.00 0.00 -45.0M
Net Business Purchase And Sale -55,000 -- -- -- 0.00
Net Foreign Currency Exchange Gain Loss 176,000 204,000 134,000 352,000 46,000
Net Income From Continuing Operations 12.4M 14.8M 2.4M 14.1M 15.4M
Net Investment Properties Purchase And Sale -2.7M 64.4M -- -- 0.00
Net Long Term Debt Issuance 14.0M -65.0M 74.5M 18.1M 12.9M
Operating Gains Losses -213,000 147,000 -1.4M 271,000 46,000
Provisionand Write Offof Assets 2.1M 1.6M 15.1M 252,000 -97,000
Purchase Of Investment Properties -5.4M -64.4M -- -- 0.00
Sale Of Investment Properties 2.7M 128.8M -- -- 0.00
Unrealized Gain Loss On Investment Securities -16,000 -73,000 -182,000 -236,000 -209,000
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