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Therma Bright Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024 Q3 2024Jul 31, 2024
Total Revenue 0.00 46,319 1,813 27,096 5,041 --
Operating Revenue 0.00 46,319 1,813 27,096 5,041 --
Cost Of Revenue 718.00 17,950 216.00 7,252 0.00 --
Gross Profit -718.00 28,369 1,597 19,844 5,041 --
Selling General And Administration 234,296 468,458 187,928 549,181 525,489 --
General And Administrative Expense 234,296 468,458 187,928 549,181 525,489 --
Research And Development -- -- -- -- -- 9,690
Depreciation And Amortization In Income Statement 2,542 21,387 23,465 23,465 23,465 --
Operating Expense 236,838 489,845 211,393 572,646 548,954 --
Operating Income -237,556 -461,476 -209,796 -552,802 -543,913 --
EBIT -230,900 -3.2M -195,671 -501,130 -417,507 --
Interest Expense 0.00 51.00 427.00 865.00 1,265 --
Interest Expense Non Operating 0.00 51.00 427.00 865.00 1,265 --
Net Interest Income 0.00 -51.00 -427.00 -865.00 -1,265 --
Other Income Expense 6,656 -2.8M 14,125 51,672 126,406 --
Special Income Charges 0.00 -647,650 14,125 84,950 126,406 --
Gain On Sale Of Security 6,656 -2.1M -- -33,278 -- 178,198
Pretax Income -230,900 -3.2M -196,098 -501,995 -418,772 --
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00 0.00 --
Net Income From Continuing And Discontinued Operation -230,900 -3.2M -196,098 -501,995 -418,772 --
Net Income From Continuing Operation Net Minority Interest -230,900 -3.2M -196,098 -501,995 -418,772 --
Net Income Including Noncontrolling Interests -230,900 -3.2M -196,098 -501,995 -418,772 --
Net Income Common Stockholders -230,900 -3.2M -196,098 -501,995 -418,772 --
Net Income -230,900 -3.2M -196,098 -501,995 -418,772 --
EBITDA -228,358 -3.2M -172,206 -477,665 -394,042 --
Normalized EBITDA -235,014 -440,089 -186,331 -529,337 -520,448 --
Reconciled Depreciation 2,542 21,387 23,465 23,465 23,465 --
Basic EPS 0.00 -- 0.00 0.00 -0.01 --
Diluted EPS 0.00 -- 0.00 0.00 -0.01 --
Basic Average Shares 58.0M -- 56.8M 55.9M 54.6M --
Diluted Average Shares 58.0M -- 56.8M 55.9M 54.6M --
Total Unusual Items 6,656 -2.8M 14,125 51,672 126,406 --
Total Unusual Items Excluding Goodwill 6,656 -2.8M 14,125 51,672 126,406 --
Tax Rate For Calcs 0.00 0.00 0.00 0.00 0.00 --
Normalized Income -237,556 -461,527 -210,223 -553,667 -545,178 --
Amortization 1,672 16,145 -- -- 16,145 17,287
Amortization Of Intangibles Income Statement 1,672 16,145 -- -- 16,145 17,287
Depreciation Amortization Depletion Income Statement 2,542 21,387 23,465 23,465 23,465 --
Depreciation Income Statement 870.00 5,242 -- -- 7,320 7,593
Diluted NI Availto Com Stockholders -230,900 -3.2M -196,098 -501,995 -418,772 --
Net Income Continuous Operations -230,900 -3.2M -196,098 -501,995 -418,772 --
Net Non Operating Interest Income Expense 0.00 -51.00 -427.00 -865.00 -1,265 --
Other Gand A 234,296 468,458 187,928 549,181 354,549 --
Other Special Charges -- 226,030 -14,125 -84,950 -126,406 --
Reconciled Cost Of Revenue 718.00 17,950 216.00 7,252 0.00 --
Salaries And Wages 0.00 0.00 0.00 0.00 170,940 --
Total Expenses 237,556 507,795 211,609 579,898 548,954 --
Total Operating Income As Reported -235,014 -440,089 -186,331 -529,337 -520,448 --
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024 Q3 2024Jul 31, 2024
Cash And Cash Equivalents 22,329 1,467 42,415 2,341 150,998 --
Cash Cash Equivalents And Short Term Investments 65,591 38,073 75,694 35,620 150,998 --
Cash Financial 22,329 1,467 42,415 2,341 150,998 --
Other Short Term Investments 43,262 36,606 33,279 33,279 -- 0.00
Accounts Receivable 120,000 -- -- -- -- --
Receivables 137,616 16,874 20,319 135,245 126,697 --
Inventory 130,870 131,588 164,642 164,858 172,110 --
Prepaid Assets 24,177 11,282 97,543 117,083 123,420 --
Current Assets 358,254 197,817 358,198 452,806 573,225 --
Gross PPE 103,081 103,081 107,233 113,464 119,695 --
Accumulated Depreciation -86,523 -85,653 -84,563 -83,473 -82,384 --
Net PPE 16,558 17,428 22,670 29,991 37,311 --
Goodwill And Other Intangible Assets 31,778 33,450 471,215 487,359 503,504 --
Other Intangible Assets 31,778 33,450 471,215 487,359 503,504 --
Investments And Advances -- 0.00 2.1M 2.1M 2.1M 2.1M
Other Non Current Assets -- -- -- -- -- 2.8M
Total Non Current Assets 48,336 50,878 2.6M 2.6M 2.7M --
Total Assets 406,590 248,695 3.0M 3.1M 3.3M --
Current Debt 40,000 40,000 40,000 40,000 40,000 --
Current Debt And Capital Lease Obligation 40,000 40,000 42,749 50,722 58,257 --
Accounts Payable 1.0M 991,268 1.1M 871,030 936,404 --
Payables 1.9M 1.8M 1.8M 1.8M 1.7M --
Payables And Accrued Expenses 1.9M 1.8M 1.8M 1.8M 1.7M --
Current Liabilities 1.9M 1.8M 1.8M 1.8M 1.8M --
Long Term Debt And Capital Lease Obligation -- -- -- -- -- 0.00
Long Term Capital Lease Obligation -- -- -- -- -- 0.00
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 0.00 0.00 --
Total Liabilities Net Minority Interest 1.9M 1.8M 1.8M 1.8M 1.8M --
Common Stock 26.9M 26.5M 26.0M 25.9M 25.7M --
Capital Stock 26.9M 26.5M 26.0M 25.9M 25.7M --
Retained Earnings -42.8M -42.6M -39.3M -39.1M -38.6M --
Gains Losses Not Affecting Retained Earnings 271,545 -- -- -- -- --
Other Equity Adjustments 271,545 -- -- -- -- --
Common Stock Equity -1.5M -1.6M 1.1M 1.2M 1.5M --
Stockholders Equity -1.5M -1.6M 1.1M 1.2M 1.5M --
Total Equity Gross Minority Interest -1.5M -1.6M 1.1M 1.2M 1.5M --
Minority Interest 308.00 308.00 308.00 308.00 308.00 --
Total Capitalization -1.5M -1.6M 1.1M 1.2M 1.5M --
Net Tangible Assets -1.5M -1.6M 671,128 752,207 1.0M --
Tangible Book Value -1.5M -1.6M 671,128 752,207 1.0M --
Working Capital -1.6M -1.6M -1.5M -1.4M -1.2M --
Invested Capital -1.5M -1.5M 1.2M 1.3M 1.6M --
Total Debt 40,000 40,000 42,749 50,722 58,257 --
Net Debt 17,671 38,533 -- 37,659 -- 38,904
Share Issued 61.2M 58.0M 56.8M 56.5M 55.4M --
Ordinary Shares Number 61.2M 58.0M 56.8M 56.5M 55.4M --
Available For Sale Securities -- -- 2.1M 2.1M 2.1M 2.1M
Capital Lease Obligations -- 0.00 2,749 10,722 18,257 25,392
Current Capital Lease Obligation -- 0.00 2,749 10,722 18,257 25,392
Dueto Related Parties Current 836,371 783,036 734,618 927,522 775,435 --
Finished Goods 130,870 -- 164,642 164,858 172,110 --
Investmentin Financial Assets -- 0.00 2.1M 2.1M 2.1M 2.1M
Machinery Furniture Equipment 3,081 3,081 3,081 3,081 3,081 --
Non Current Note Receivables -- 0.00 0.00 0.00 66,557 115,057
Other Current Borrowings 40,000 40,000 40,000 40,000 40,000 --
Other Equity Interest 14.1M 14.5M 14.5M 14.5M 14.5M --
Other Properties 100,000 100,000 104,152 110,383 116,614 --
Taxes Receivable 17,616 16,874 20,319 135,245 126,697 --
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024 Q3 2024Jul 31, 2024
Operating Cash Flow -38,763 -38,148 48,474 -140,257 -16,598 --
Cash Flow From Continuing Operating Activities -38,763 -38,148 48,474 -140,257 -16,598 --
Depreciation And Amortization 2,542 21,387 23,465 23,465 23,465 --
Depreciation Amortization Depletion 2,542 21,387 23,465 23,465 23,465 --
Stock Based Compensation 0.00 0.00 0.00 0.00 170,940 --
Change In Working Capital 196,251 400,584 237,362 389,080 284,410 --
Changes In Account Receivables -- -- -- -- -- 0.00
Change In Receivables -742.00 3,445 114,926 -8,548 -5,672 --
Change In Inventory 718.00 33,054 216.00 7,252 0.00 --
Change In Payables And Accrued Expense 209,170 277,824 102,680 384,039 316,058 --
Other Non Cash Items -- 2,608 -2,130 865.00 49,765 57,366
Net Investment Purchase And Sale -- 0.00 -- -- -- -38,260
Investing Cash Flow -- 0.00 -- -- -- -38,260
Cash Flow From Continuing Investing Activities -- 0.00 -- -- -- -38,260
Repayment Of Debt 0.00 -2,800 -8,400 -8,400 -8,400 --
Net Issuance Payments Of Debt 0.00 -2,800 -8,400 -8,400 -8,400 --
Issuance Of Capital Stock 0.00 0.00 0.00 0.00 174,900 --
Net Common Stock Issuance 0.00 0.00 0.00 0.00 174,900 --
Financing Cash Flow 59,625 -2,800 -8,400 -8,400 166,500 --
Cash Flow From Continuing Financing Activities 59,625 -2,800 -8,400 -8,400 166,500 --
Changes In Cash 20,862 -40,948 40,074 -148,657 149,902 --
Beginning Cash Position 1,467 42,415 2,341 150,998 1,096 --
End Cash Position 22,329 1,467 42,415 2,341 150,998 --
Free Cash Flow -38,763 -38,148 48,474 -140,257 -16,598 --
Amortization Cash Flow 1,672 16,145 16,144 16,145 16,145 --
Amortization Of Intangibles 1,672 16,145 16,144 16,145 16,145 --
Change In Prepaid Assets -12,895 86,261 19,540 6,337 -25,976 --
Common Stock Issuance 0.00 0.00 0.00 0.00 174,900 --
Depreciation 870.00 5,242 7,321 7,320 7,320 --
Long Term Debt Payments 0.00 -2,800 -8,400 -8,400 -8,400 --
Net Income From Continuing Operations -230,900 -3.2M -196,098 -501,995 -418,772 --
Net Intangibles Purchase And Sale -- -- -- -- -- 0.00
Net Long Term Debt Issuance 0.00 -2,800 -8,400 -8,400 -8,400 --
Operating Gains Losses -- 226,030 -14,125 -84,950 -126,406 --
Proceeds From Stock Option Exercised 59,625 -- -- -- 0.00 --
Purchase Of Intangibles -- -- -- -- -- 0.00
Unrealized Gain Loss On Investment Securities -6,656 2.1M 0.00 33,278 0.00 --
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