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Therma Bright Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Jul 31, 2025 FY 2024Jul 31, 2024 FY 2023Jul 31, 2023 FY 2022Jul 31, 2022 FY 2021Jul 31, 2021
Total Revenue 80,269 26,070 23,899 139,427 --
Operating Revenue 80,269 26,070 23,899 139,427 --
Cost Of Revenue 25,418 614.00 0.00 75,947 --
Gross Profit 54,851 25,456 23,899 63,480 --
Selling General And Administration 1.7M 1.2M 3.2M 4.9M --
General And Administrative Expense 1.7M 1.2M 3.2M 4.9M --
Research And Development 0.00 9,690 446,577 805,538 --
Depreciation And Amortization In Income Statement 91,782 99,514 75,380 151,686 --
Operating Expense 1.8M 1.3M 3.7M 5.9M --
Operating Income -1.8M -1.2M -3.7M -5.8M --
EBIT -4.3M -2.4M -3.8M -5.9M --
Interest Expense 2,608 8,604 13,438 1,383 --
Interest Expense Non Operating 2,608 8,604 13,438 1,383 --
Net Interest Income -2,608 -8,604 -13,438 -1,383 --
Other Income Expense -2.6M -1.2M -75,819 -43,320 --
Special Income Charges -422,169 -1.4M -51,843 0.00 --
Write Off 0.00 129,930 51,843 0.00 --
Gain On Sale Of Security -2.2M 172,274 -23,976 -43,320 --
Pretax Income -4.3M -2.5M -3.8M -5.9M --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -4.3M -2.5M -3.8M -5.9M --
Net Income From Continuing Operation Net Minority Interest -4.3M -2.5M -3.8M -5.9M --
Net Income Including Noncontrolling Interests -4.3M -2.5M -3.8M -5.9M --
Net Income Common Stockholders -4.3M -2.5M -3.8M -5.9M --
Net Income -4.3M -2.5M -3.8M -5.9M --
EBITDA -4.2M -2.3M -3.7M -5.7M --
Normalized EBITDA -1.7M -1.1M -3.6M -5.7M --
Reconciled Depreciation 91,782 99,514 75,380 151,686 --
Basic EPS -0.08 -0.06 -0.16 -0.24 --
Diluted EPS -0.08 -0.06 -0.16 -0.24 --
Basic Average Shares 56.1M 39.8M 30.0M 28.6M --
Diluted Average Shares 56.1M 39.8M 30.0M 28.6M --
Total Unusual Items -2.6M -1.2M -75,819 -43,320 --
Total Unusual Items Excluding Goodwill -2.6M -1.2M -75,819 -43,320 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 --
Normalized Income -1.8M -1.2M -3.7M -5.8M --
Amortization 64,579 69,144 43,650 151,686 --
Amortization Of Intangibles Income Statement 64,579 69,144 43,650 151,686 --
Depreciation Amortization Depletion Income Statement 91,782 99,514 75,380 151,686 --
Depreciation Income Statement 27,203 30,370 31,730 -- --
Diluted NI Availto Com Stockholders -4.3M -2.5M -3.8M -5.9M --
Impairment Of Capital Assets 421,620 1.1M 0.00 -- --
Net Income Continuous Operations -4.3M -2.5M -3.8M -5.9M --
Net Non Operating Interest Income Expense -2,608 -8,604 -13,438 -1,383 --
Other Gand A 1.6M 852,114 3.2M 3.4M --
Other Special Charges 549.00 192,500 -- -- 3,000
Reconciled Cost Of Revenue 25,418 614.00 0.00 75,947 --
Salaries And Wages 170,940 299,010 0.00 1.6M --
Total Expenses 1.8M 1.3M 3.7M 6.0M --
Total Operating Income As Reported -1.7M -1.1M -3.6M -5.7M --
Line Item FY 2025Jul 31, 2025 FY 2024Jul 31, 2024 FY 2023Jul 31, 2023 FY 2022Jul 31, 2022 FY 2021Jul 31, 2021
Cash And Cash Equivalents 1,467 1,096 182,235 3.1M --
Cash Cash Equivalents And Short Term Investments 38,073 1,096 182,235 3.1M --
Cash Financial 1,467 1,096 182,235 3.1M --
Other Short Term Investments 36,606 0.00 -- -- --
Accounts Receivable -- -- 0.00 115,059 0.00
Receivables 16,874 121,025 36,965 251,156 --
Inventory 131,588 172,110 172,724 172,724 --
Prepaid Assets 11,282 97,444 53,960 78,226 --
Current Assets 197,817 391,675 445,884 3.6M --
Gross PPE 103,081 125,926 150,849 175,771 --
Accumulated Depreciation -85,653 -81,295 -75,848 -69,040 --
Net PPE 17,428 44,631 75,001 106,731 --
Goodwill And Other Intangible Assets 33,450 519,649 623,686 105,176 --
Other Intangible Assets 33,450 519,649 623,686 105,176 --
Investments And Advances 0.00 2.1M 840,034 0.00 --
Other Non Current Assets -- 2.8M 1.8M -- --
Total Non Current Assets 50,878 2.8M 1.8M 416,839 --
Total Assets 248,695 3.2M 2.2M 4.0M --
Current Debt 40,000 40,000 40,000 -- --
Current Debt And Capital Lease Obligation 40,000 65,392 64,996 20,162 --
Accounts Payable 991,268 1.1M 1.4M 335,603 --
Payables 1.8M 1.8M 2.1M 1.1M --
Payables And Accrued Expenses 1.8M 1.8M 2.1M 1.1M --
Current Liabilities 1.8M 1.9M 2.1M 1.2M --
Long Term Debt -- -- -- 40,000 40,000
Long Term Debt And Capital Lease Obligation -- 0.00 25,392 90,388 40,000
Long Term Capital Lease Obligation -- 0.00 25,392 50,388 0.00
Total Non Current Liabilities Net Minority Interest 0.00 0.00 25,392 90,388 --
Total Liabilities Net Minority Interest 1.8M 1.9M 2.2M 1.3M --
Common Stock 26.5M 25.3M 21.8M 20.9M --
Capital Stock 26.5M 25.3M 21.8M 20.9M --
Retained Earnings -42.6M -38.2M -35.8M -32.0M --
Common Stock Equity -1.6M 1.3M 44,792 2.7M --
Stockholders Equity -1.6M 1.3M 44,792 2.7M --
Total Equity Gross Minority Interest -1.6M 1.3M 44,792 2.7M --
Minority Interest 308.00 308.00 0.00 -- --
Total Capitalization -1.6M 1.3M 44,792 2.8M --
Net Tangible Assets -1.6M 804,374 -578,894 2.6M --
Tangible Book Value -1.6M 804,374 -578,894 2.6M --
Working Capital -1.6M -1.5M -1.7M 2.4M --
Invested Capital -1.5M 1.4M 84,792 2.8M --
Total Debt 40,000 65,392 90,388 110,550 --
Net Debt 38,533 38,904 -- -- --
Share Issued 58.0M 54.4M 32.2M 29.9M --
Ordinary Shares Number 58.0M 54.4M 32.2M 29.9M --
Available For Sale Securities -- 2.1M 840,034 -- --
Capital Lease Obligations 0.00 25,392 50,388 70,550 --
Current Capital Lease Obligation 0.00 25,392 24,996 20,162 --
Dueto Related Parties Current 783,036 730,720 641,890 807,459 --
Investmentin Financial Assets 0.00 2.1M 840,034 0.00 --
Machinery Furniture Equipment 3,081 3,081 3,081 3,081 --
Non Current Note Receivables 0.00 115,057 224,932 204,932 --
Other Current Borrowings 40,000 40,000 40,000 -- --
Other Equity Interest 14.5M 14.3M 14.0M 13.9M --
Other Properties 100,000 122,845 147,768 172,690 --
Taxes Receivable 16,874 121,025 36,965 136,097 --
Total Tax Payable -- -- -- -- 0.00
Line Item FY 2025Jul 31, 2025 FY 2024Jul 31, 2024 FY 2023Jul 31, 2023 FY 2022Jul 31, 2022 FY 2021Jul 31, 2021
Operating Cash Flow -146,529 -1.0M -2.2M -3.8M --
Cash Flow From Continuing Operating Activities -146,529 -1.0M -2.2M -3.8M --
Depreciation And Amortization 91,782 99,514 75,380 151,686 --
Depreciation Amortization Depletion 91,782 99,514 75,380 151,686 --
Stock Based Compensation 170,940 299,010 0.00 1.6M --
Change In Working Capital 1.3M -207,716 1.2M 354,001 --
Changes In Account Receivables -- 0.00 115,059 -115,059 0.00
Change In Receivables 104,151 -84,060 214,191 -155,693 --
Change In Inventory 40,522 614.00 0.00 -121,524 --
Change In Payables And Accrued Expense 1.1M -81,576 931,295 683,444 --
Change In Payable -- -- -- 683,444 1.3M
Other Non Cash Items 51,108 49,313 288,795 1,383 --
Capital Expenditure -- -- -267,560 -- -300,000
Purchase Of PPE -- -- -- 0.00 -100,000
Net PPE Purchase And Sale -- -- -- 0.00 -100,000
Purchase Of Investment -- -138,260 -373,520 -- --
Net Investment Purchase And Sale 0.00 -138,260 -373,520 0.00 --
Investing Cash Flow 0.00 -138,260 -691,080 -204,932 --
Cash Flow From Continuing Investing Activities 0.00 -138,260 -691,080 -204,932 --
Repayment Of Debt -28,000 -33,600 -33,600 -5,600 --
Net Issuance Payments Of Debt -28,000 -33,600 -33,600 -5,600 --
Issuance Of Capital Stock 174,900 1.0M 0.00 6.0M --
Net Common Stock Issuance 174,900 1.0M 0.00 6.0M --
Financing Cash Flow 146,900 966,400 -33,600 5.3M --
Cash Flow From Continuing Financing Activities 146,900 966,400 -33,600 5.3M --
Changes In Cash 371.00 -181,139 -2.9M 1.3M --
Beginning Cash Position 1,096 182,235 3.1M 1.8M --
End Cash Position 1,467 1,096 182,235 3.1M --
Free Cash Flow -146,529 -1.0M -2.4M -3.8M --
Amortization Cash Flow 64,579 69,144 43,650 151,686 --
Amortization Of Intangibles 64,579 69,144 43,650 151,686 --
Asset Impairment Charge 421,620 1.2M 51,843 0.00 --
Change In Account Payable -- -- -- 683,444 1.3M
Change In Income Tax Payable -- -- -- 0.00 -13,998
Change In Prepaid Assets 86,162 -42,694 24,266 -52,226 --
Change In Tax Payable -- -- -- 0.00 -13,998
Common Stock Issuance 174,900 1.0M 0.00 6.0M --
Depreciation 27,203 30,370 31,730 -- --
Long Term Debt Payments -28,000 -33,600 -33,600 -5,600 --
Net Income From Continuing Operations -4.3M -2.5M -3.8M -5.9M --
Net Intangibles Purchase And Sale -- 0.00 -267,560 0.00 -200,000
Net Long Term Debt Issuance -28,000 -33,600 -33,600 -5,600 --
Net Other Financing Charges -- -- -- -688,537 --
Net Other Investing Changes -- -- -50,000 -204,932 --
Net Short Term Debt Issuance -- -- -- -- -55,938
Operating Gains Losses 549.00 192,500 -- -- --
Purchase Of Intangibles -- 0.00 -267,560 0.00 -200,000
Unrealized Gain Loss On Investment Securities 2.1M -178,198 7,141 0.00 --
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