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Torrent Capital 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 177,410 -1.6M 326,057 3.5M
Operating Revenue 177,410 -1.6M 326,057 3.5M
Selling General And Administration 708,057 989,574 1.1M 1.5M
General And Administrative Expense 708,057 989,574 1.1M 1.5M
Other Operating Expenses -5.4M 4.0M 6.7M 327,530
Operating Expense -4.7M 5.0M 7.8M 1.8M
Operating Income 4.8M -6.6M -7.5M 1.6M
EBIT 4.8M -6.6M -7.5M 1.6M
Other Income Expense -176,857 -102,480 -64,025 -11,317
Gain On Sale Of Security -11,857 -1,090 635.00 -11,317
Earnings From Equity Interest -165,000 -101,390 -64,660 0.00
Pretax Income 4.7M -6.7M -7.6M 1.6M
Tax Provision 45,000 -875,000 -1.2M 30,000
Tax Effect Of Unusual Items -114.71 -141.32 97.30 -208.61
Net Income From Continuing And Discontinued Operation 4.6M -5.9M -6.4M 1.6M
Net Income From Continuing Operation Net Minority Interest 4.6M -5.9M -6.4M 1.6M
Net Income Including Noncontrolling Interests 4.6M -5.9M -6.4M 1.6M
Net Income Common Stockholders 4.6M -5.9M -6.4M 1.6M
Net Income 4.6M -5.9M -6.4M 1.6M
EBITDA 4.8M -6.6M -7.5M 1.6M
Normalized EBITDA 4.8M -6.6M -7.5M 1.7M
Basic EPS 0.18 -0.23 -0.26 0.07
Diluted EPS 0.18 -0.23 -0.26 0.06
Basic Average Shares 25.2M 25.0M 24.7M 24.1M
Diluted Average Shares 25.2M 25.0M 24.7M 26.6M
Total Unusual Items -11,857 -1,090 635.00 -11,317
Total Unusual Items Excluding Goodwill -11,857 -1,090 635.00 -11,317
Tax Rate For Calcs 0.01 0.13 0.15 0.02
Normalized Income 4.6M -5.9M -6.4M 1.6M
Diluted NI Availto Com Stockholders 4.6M -5.9M -6.4M 1.6M
Insurance And Claims 21,149 33,000 32,716 30,000
Net Income Continuous Operations 4.6M -5.9M -6.4M 1.6M
Other Gand A 539,508 714,712 718,075 1.1M
Rent And Landing Fees 28,900 20,400 20,400 20,400
Rent Expense Supplemental 28,900 20,400 20,400 20,400
Salaries And Wages 118,500 221,462 364,920 360,902
Total Expenses -4.7M 5.0M 7.8M 1.8M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 1.7M 499,727 263,923 459,132
Cash Cash Equivalents And Short Term Investments 20.2M 15.4M 21.8M 28.4M
Other Short Term Investments 18.5M 14.9M 21.5M 27.9M
Accounts Receivable 10,001 95,395 5,218 0.00
Receivables 36,465 251,748 357,558 331,019
Prepaid Assets 2,088 2,873 2,758 0.00
Other Current Assets 149,965 -- -- --
Current Assets 20.2M 15.7M 22.2M 29.5M
Investments And Advances 422,117 360,521 7,685 0.00
Long Term Equity Investment 422,117 360,521 7,685 0.00
Total Non Current Assets 422,117 360,521 160,685 0.00
Total Assets 20.7M 16.1M 22.4M 29.5M
Accounts Payable -- -- -- 496,874
Payables -- -- -- 496,874
Payables And Accrued Expenses 335,043 380,442 249,262 496,874
Current Liabilities 335,043 380,442 249,262 496,874
Total Non Current Liabilities Net Minority Interest 45,000 0.00 760,000 1.6M
Total Liabilities Net Minority Interest 380,043 380,442 1.0M 2.1M
Common Stock 10.6M 10.6M 10.4M 10.0M
Capital Stock 10.6M 10.6M 10.4M 10.0M
Additional Paid In Capital 339,445 420,448 379,692 431,560
Retained Earnings 9.4M 4.7M 10.6M 17.0M
Common Stock Equity 20.3M 15.7M 21.4M 27.4M
Stockholders Equity 20.3M 15.7M 21.4M 27.4M
Total Equity Gross Minority Interest 20.3M 15.7M 21.4M 27.4M
Total Capitalization 20.3M 15.7M 21.4M 27.4M
Net Tangible Assets 20.3M 15.7M 21.4M 27.4M
Tangible Book Value 20.3M 15.7M 21.4M 27.4M
Working Capital 19.9M 15.3M 22.0M 29.0M
Invested Capital 20.3M 15.7M 21.4M 27.4M
Share Issued 25.2M 25.2M 25.0M 24.2M
Ordinary Shares Number 25.2M 25.2M 25.0M 24.2M
Hedging Assets Current 0.00 0.00 75,000 755,728
Income Tax Payable -- -- -- 0.00
Investmentsin Joint Venturesat Cost 422,117 360,521 7,685 0.00
Loans Receivable -- -- 153,000 0.00
Non Current Deferred Liabilities 45,000 0.00 760,000 1.6M
Non Current Deferred Taxes Liabilities 45,000 0.00 760,000 1.6M
Non Current Note Receivables -- 360,521 153,000 0.00
Taxes Receivable 26,464 156,353 352,340 331,019
Total Tax Payable -- -- -- 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 1.3M 372,304 -217,709 -2.0M
Cash Flow From Continuing Operating Activities 1.3M 372,304 -217,709 -2.0M
Stock Based Compensation 0.00 102,962 244,170 267,402
Deferred Tax 45,000 -875,000 -1.2M -30,000
Deferred Income Tax 45,000 -875,000 -1.2M -30,000
Change In Working Capital 170,669 351,875 23,092 -992,549
Changes In Account Receivables 82,699 -90,177 42,090 --
Change In Receivables 215,283 220,810 273,461 -7,550
Change In Payables And Accrued Expense -45,399 131,180 -247,611 -984,999
Change In Payable -- -- 11,182 -984,999
Other Non Cash Items 1.9M 37,896 -466,412 279,225
Investing Cash Flow -125,000 -210,000 -150,000 --
Cash Flow From Continuing Investing Activities -125,000 -210,000 -150,000 --
Repayment Of Debt -- -- -150,000 0.00
Net Issuance Payments Of Debt -- -- -150,000 0.00
Issuance Of Capital Stock -- -- -- 0.00
Net Common Stock Issuance -- -- -- 0.00
Financing Cash Flow 0.00 73,500 172,500 0.00
Cash Flow From Continuing Financing Activities 0.00 73,500 172,500 0.00
Changes In Cash 1.2M 235,804 -195,209 -2.0M
Beginning Cash Position 499,727 263,923 459,132 2.5M
End Cash Position 1.7M 499,727 263,923 459,132
Free Cash Flow 1.3M 372,304 -217,709 -2.0M
Income Tax Paid Supplemental Data 0.00 0.00 87,307 341,352
Change In Account Payable -- -- -247,611 -703,647
Change In Income Tax Payable -- -- 258,793 -281,352
Change In Prepaid Assets 785.00 -115.00 -2,758 0.00
Change In Tax Payable -- -- 258,793 -281,352
Common Stock Issuance -- -- -- 0.00
Earnings Losses From Equity Investments 165,000 101,390 64,660 0.00
Gain Loss On Investment Securities -128,150 1.7M -322,362 -3.5M
Long Term Debt Payments -- -- -150,000 0.00
Net Income From Continuing Operations 4.6M -5.9M -6.4M 1.6M
Net Long Term Debt Issuance -- -- -150,000 0.00
Net Other Investing Changes -125,000 -210,000 -150,000 --
Operating Gains Losses 36,850 1.8M -257,702 -3.5M
Proceeds From Stock Option Exercised 0.00 73,500 172,500 0.00
Unrealized Gain Loss On Investment Securities -5.4M 4.0M 6.6M 299,420
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