Tribe Property Technologies Inc.
Financial Statements (IFRS) · Amounts in CAD
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 | 28.3M | 19.4M | 17.8M | 15.8M |
| Operating Revenue | 28.3M | 19.4M | 17.8M | 15.8M |
| Cost Of Revenue | 16.8M | 12.2M | 11.5M | 8.3M |
| Gross Profit | 11.4M | 7.2M | 6.3M | 7.5M |
| Selling General And Administration | 14.5M | 14.0M | 14.9M | 12.5M |
| General And Administrative Expense | 14.4M | 13.9M | 14.7M | 12.3M |
| Depreciation And Amortization In Income Statement | 2.4M | 1.8M | 1.4M | 1.3M |
| Other Operating Expenses | -- | 1,503 | -- | -- |
| Operating Expense | 16.9M | 15.8M | 16.3M | 13.7M |
| Operating Income | -5.5M | -8.6M | -10.0M | -6.2M |
| EBIT | -5.8M | -13.6M | -9.8M | -8.5M |
| Interest Expense | 1.5M | 623,299 | 706,867 | 795,853 |
| Interest Expense Non Operating | 1.5M | 623,299 | 706,867 | 795,853 |
| Interest Income | 2,520 | 74,763 | 204,376 | 0.00 |
| Interest Income Non Operating | 2,520 | 74,763 | 204,376 | 0.00 |
| Net Interest Income | -1.6M | -573,394 | -502,491 | -795,853 |
| Other Income Expense | -262,938 | -5.0M | -40,784 | -2.3M |
| Other Non Operating Income Expenses | -297,394 | -- | -- | -- |
| Special Income Charges | 16,872 | -5.0M | -27,387 | -2.3M |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | 1.6M |
| Gain On Sale Of Security | 17,584 | 12,581 | -13,397 | 26,662 |
| Pretax Income | -7.3M | -14.2M | -10.5M | -9.3M |
| Tax Provision | 208,813 | -11,681 | -282.00 | -1.7M |
| Tax Effect Of Unusual Items | 5,168 | -4,119 | -1.09 | -410,353 |
| Net Income From Continuing And Discontinued Operation | -7.5M | -14.2M | -10.5M | -7.6M |
| Net Income From Continuing Operation Net Minority Interest | -7.5M | -14.2M | -10.5M | -7.6M |
| Net Income Including Noncontrolling Interests | -7.5M | -14.2M | -10.5M | -7.6M |
| Net Income Common Stockholders | -7.5M | -14.2M | -10.5M | -7.6M |
| Net Income | -7.5M | -14.2M | -10.5M | -7.6M |
| EBITDA | -3.4M | -11.8M | -8.4M | -7.2M |
| Normalized EBITDA | -3.4M | -6.8M | -8.4M | -5.0M |
| Reconciled Depreciation | 2.4M | 1.8M | 1.4M | 1.3M |
| Basic EPS | -0.27 | -0.67 | -0.50 | -0.50 |
| Diluted EPS | -0.27 | -0.67 | -0.50 | -0.50 |
| Basic Average Shares | 28.0M | 21.2M | 21.0M | 15.2M |
| Diluted Average Shares | 28.0M | 21.2M | 21.0M | 15.2M |
| Total Unusual Items | 34,456 | -5.0M | -40,784 | -2.3M |
| Total Unusual Items Excluding Goodwill | 34,456 | -5.0M | -40,784 | -2.3M |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.18 |
| Normalized Income | -7.6M | -9.2M | -10.5M | -5.8M |
| Amortization | 1.6M | 934,605 | 547,383 | 370,802 |
| Amortization Of Intangibles Income Statement | 1.6M | 934,605 | 547,383 | 370,802 |
| Depreciation Amortization Depletion Income Statement | 2.4M | 1.8M | 1.4M | 1.3M |
| Depreciation Income Statement | 820,402 | 858,088 | 894,068 | 881,756 |
| Diluted NI Availto Com Stockholders | -7.5M | -14.2M | -10.5M | -7.6M |
| Gain On Sale Of Ppe | -32,699 | 12,148 | -27,387 | 0.00 |
| Impairment Of Capital Assets | 0.00 | 5.0M | 0.00 | 657,389 |
| Net Income Continuous Operations | -7.5M | -14.2M | -10.5M | -7.6M |
| Net Non Operating Interest Income Expense | -1.6M | -573,394 | -502,491 | -795,853 |
| Other Gand A | 6.3M | 4.6M | 5.9M | 4.6M |
| Other Special Charges | -49,571 | -- | -- | -- |
| Reconciled Cost Of Revenue | 16.8M | 12.2M | 11.5M | 8.3M |
| Salaries And Wages | 8.1M | 9.2M | 8.8M | 7.7M |
| Selling And Marketing Expense | 115,248 | 151,275 | 188,164 | 170,910 |
| Total Expenses | 33.7M | 28.0M | 27.8M | 22.1M |
| Total Operating Income As Reported | -5.6M | -13.7M | -10.0M | -6.9M |
| Total Other Finance Cost | 99,432 | 24,858 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.8M | 1.3M | 8.1M | 1.2M |
| Cash Cash Equivalents And Short Term Investments | 1.9M | 1.4M | 8.2M | 1.3M |
| Cash Equivalents | -- | 0.00 | 6.6M | -- |
| Cash Financial | 1.8M | 1.3M | 1.5M | 1.2M |
| Other Short Term Investments | 91,922 | 74,011 | 67,689 | 75,832 |
| Accounts Receivable | 2.3M | 1.1M | 973,111 | 608,805 |
| Receivables | 2.7M | 1.5M | 1.0M | 686,336 |
| Prepaid Assets | 141,758 | 123,230 | 452,387 | 298,231 |
| Current Assets | 4.8M | 3.0M | 9.6M | 2.3M |
| Gross PPE | 6.6M | 7.6M | 7.2M | 6.5M |
| Accumulated Depreciation | -3.8M | -4.0M | -3.2M | -2.4M |
| Net PPE | 2.8M | 3.6M | 4.0M | 4.1M |
| Goodwill | 7.7M | 975,010 | 5.2M | 4.9M |
| Goodwill And Other Intangible Assets | 20.1M | 7.8M | 12.4M | 12.0M |
| Other Intangible Assets | 12.4M | 6.8M | 7.2M | 7.2M |
| Total Non Current Assets | 22.9M | 11.3M | 16.4M | 16.1M |
| Total Assets | 27.7M | 14.4M | 26.1M | 18.4M |
| Current Debt | 13.4M | 4.6M | 967,723 | 2.1M |
| Current Debt And Capital Lease Obligation | 14.0M | 5.1M | 1.5M | 2.9M |
| Accounts Payable | 3.7M | 817,115 | 852,433 | 673,607 |
| Payables | 3.7M | 817,115 | 852,433 | 673,607 |
| Payables And Accrued Expenses | 5.4M | 1.5M | 1.6M | 1.4M |
| Current Accrued Expenses | 1.8M | 671,502 | 709,788 | 728,379 |
| Current Deferred Revenue | 193,931 | 367,130 | 134,306 | 238,258 |
| Current Liabilities | 19.6M | 6.9M | 3.2M | 4.6M |
| Long Term Debt | 1.5M | 626,007 | 1.9M | 2.9M |
| Long Term Debt And Capital Lease Obligation | 3.9M | 3.7M | 5.2M | 5.8M |
| Long Term Capital Lease Obligation | 2.5M | 3.1M | 3.3M | 3.0M |
| Total Non Current Liabilities Net Minority Interest | 5.9M | 3.8M | 5.2M | 5.8M |
| Total Liabilities Net Minority Interest | 25.5M | 10.7M | 8.4M | 10.4M |
| Common Stock | 60.0M | 54.3M | 54.2M | 34.7M |
| Capital Stock | 60.0M | 54.3M | 54.2M | 34.7M |
| Retained Earnings | -60.7M | -53.2M | -39.0M | -28.5M |
| Gains Losses Not Affecting Retained Earnings | 2.9M | 2.6M | 2.5M | 1.7M |
| Common Stock Equity | 2.2M | 3.7M | 17.6M | 8.0M |
| Stockholders Equity | 2.2M | 3.7M | 17.6M | 8.0M |
| Total Equity Gross Minority Interest | 2.2M | 3.7M | 17.6M | 8.0M |
| Total Capitalization | 3.7M | 4.3M | 19.6M | 10.9M |
| Net Tangible Assets | -17.9M | -4.1M | 5.2M | -4.0M |
| Tangible Book Value | -17.9M | -4.1M | 5.2M | -4.0M |
| Working Capital | -14.8M | -3.9M | 6.4M | -2.3M |
| Invested Capital | 17.1M | 8.9M | 20.5M | 12.9M |
| Total Debt | 17.9M | 8.8M | 6.7M | 8.8M |
| Net Debt | 13.1M | 3.9M | 1.4M | 3.7M |
| Share Issued | 33.2M | 21.4M | 21.2M | 15.9M |
| Ordinary Shares Number | 33.2M | 21.4M | 21.2M | 15.9M |
| Allowance For Doubtful Accounts Receivable | -127,024 | -48,929 | -33,561 | -40,061 |
| Capital Lease Obligations | 3.1M | 3.6M | 3.8M | 3.8M |
| Current Capital Lease Obligation | 591,217 | 470,684 | 516,071 | 855,813 |
| Current Deferred Assets | -- | -- | -- | 0.00 |
| Current Deferred Liabilities | 193,931 | 367,130 | 134,306 | 238,258 |
| Dueto Related Parties Current | -- | -- | -- | 0.00 |
| Gross Accounts Receivable | 2.4M | 1.1M | 1.0M | 648,866 |
| Leases | 167,914 | 167,914 | 167,914 | 336,772 |
| Line Of Credit | 11.0M | 3.2M | 0.00 | 135,373 |
| Machinery Furniture Equipment | 910,050 | 1.9M | 1.8M | 1.6M |
| Non Current Deferred Liabilities | 2.0M | 82,000 | 29,000 | 0.00 |
| Non Current Deferred Taxes Liabilities | 2.0M | 82,000 | 29,000 | 0.00 |
| Other Current Borrowings | 2.4M | 1.4M | 967,723 | 1.9M |
| Other Properties | 5.5M | 5.5M | 5.2M | 4.6M |
| Other Receivables | 455,510 | 433,172 | 39,564 | 77,531 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | -- | -- | 6.6M | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -1.9M | -7.5M | -9.1M | -5.8M |
| Cash Flow From Continuing Operating Activities | -1.9M | -7.5M | -9.1M | -5.8M |
| Depreciation And Amortization | 2.4M | 1.8M | 1.4M | 1.3M |
| Depreciation Amortization Depletion | 2.4M | 1.8M | 1.4M | 1.3M |
| Stock Based Compensation | 125,690 | 106,509 | 377,686 | 815,645 |
| Deferred Tax | 208,813 | -22,132 | -282.00 | -1.7M |
| Deferred Income Tax | 208,813 | -22,132 | -282.00 | -1.7M |
| Change In Working Capital | 2.4M | -415,433 | -292,284 | -629,250 |
| Changes In Account Receivables | -- | -- | -- | -139,754 |
| Change In Receivables | 991,510 | -140,960 | -321,614 | 328,465 |
| Change In Payables And Accrued Expense | 1.6M | -507,297 | 133,282 | -979,795 |
| Change In Other Working Capital | -173,199 | 232,824 | -103,952 | 22,080 |
| Other Non Cash Items | 1.5M | 574,897 | 502,491 | 2.2M |
| Capital Expenditure | -83,298 | -467,701 | -712,854 | -431,659 |
| Purchase Of PPE | -83,298 | -97,701 | -203,486 | -116,659 |
| Net PPE Purchase And Sale | -83,298 | -97,701 | -203,486 | -116,659 |
| Purchase Of Business | -10.0M | -400,000 | -347,747 | -5.0M |
| Sale Of Business | 0.00 | 77,295 | 37,461 | 673,611 |
| Sale Of Investment | -- | -- | 37,461 | 0.00 |
| Net Investment Purchase And Sale | -- | -- | 37,461 | 0.00 |
| Investing Cash Flow | -10.0M | -777,173 | -980,600 | -4.8M |
| Cash Flow From Continuing Investing Activities | -10.0M | -777,173 | -980,600 | -4.8M |
| Issuance Of Debt | 10.3M | 3.7M | 0.00 | 0.00 |
| Repayment Of Debt | -3.8M | -2.0M | -2.7M | -1.6M |
| Net Issuance Payments Of Debt | 6.5M | 1.7M | -2.7M | -1.6M |
| Issuance Of Capital Stock | 6.2M | 0.00 | 19.7M | 12.4M |
| Repurchase Of Capital Stock | -- | 0.00 | -53,270 | 0.00 |
| Net Common Stock Issuance | 6.2M | 0.00 | 19.7M | 12.4M |
| Common Stock Payments | -- | 0.00 | -53,270 | 0.00 |
| Financing Cash Flow | 12.5M | 1.5M | 17.0M | 10.8M |
| Cash Flow From Continuing Financing Activities | 12.5M | 1.5M | 17.0M | 10.8M |
| Changes In Cash | 495,419 | -6.8M | 6.9M | 303,890 |
| Beginning Cash Position | 1.3M | 8.1M | 1.2M | 908,009 |
| End Cash Position | 1.8M | 1.3M | 8.1M | 1.2M |
| Free Cash Flow | -2.0M | -8.0M | -9.8M | -6.2M |
| Amortization Cash Flow | 1.6M | 934,605 | 547,383 | 370,802 |
| Amortization Of Intangibles | 1.6M | 934,605 | 547,383 | 370,802 |
| Asset Impairment Charge | 53,184 | 5.1M | 0.00 | 657,389 |
| Change In Prepaid Assets | -- | -- | -- | 468,219 |
| Common Stock Issuance | 6.2M | 0.00 | 19.7M | 12.4M |
| Depreciation | 820,402 | 858,088 | 894,068 | 881,756 |
| Gain Loss On Sale Of PPE | 32,699 | -12,148 | 27,387 | 0.00 |
| Interest Paid Cfo | -1.2M | -534,486 | -626,612 | -694,855 |
| Long Term Debt Issuance | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -1.3M | -1.5M | -2.7M | -1.5M |
| Net Business Purchase And Sale | -10.0M | -322,705 | -310,286 | -4.3M |
| Net Income From Continuing Operations | -7.5M | -14.2M | -10.5M | -7.6M |
| Net Intangibles Purchase And Sale | 40,521 | -356,767 | -466,828 | -315,000 |
| Net Long Term Debt Issuance | -1.3M | -1.5M | -2.7M | -1.5M |
| Net Other Financing Charges | -245,037 | -228,864 | -- | -- |
| Net Short Term Debt Issuance | 7.8M | 3.2M | 0.00 | -44,457 |
| Operating Gains Losses | 32,699 | -12,148 | 27,387 | -- |
| Proceeds From Stock Option Exercised | -- | 0.00 | 18,288 | 0.00 |
| Purchase Of Intangibles | 0.00 | -370,000 | -509,368 | -315,000 |
| Sale Of Intangibles | 40,521 | 13,233 | 42,540 | 0.00 |
| Short Term Debt Issuance | 10.3M | 3.7M | 0.00 | -- |
| Short Term Debt Payments | -2.5M | -510,550 | 0.00 | -44,457 |
| Taxes Refund Paid | 0.00 | 100,639 | 0.00 | -80,067 |
| Unrealized Gain Loss On Investment Securities | -17,911 | -6,322 | 8,143 | -14,874 |