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Transat A.T. 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
Total Revenue 771.6M 766.3M 1.0B 829.5M 788.8M
Operating Revenue 771.6M 766.3M 1.0B 829.5M 788.8M
Cost Of Revenue 682.8M 668.5M 880.8M 775.9M 641.2M
Gross Profit 88.8M 97.8M 150.3M 53.6M 147.6M
Selling General And Administration 50.3M 49.0M 77.6M 63.9M 46.7M
Other Operating Expenses 36.8M 24.4M 34.4M 38.6M 35.6M
Operating Expense 87.1M 73.4M 112.1M 102.5M 82.3M
Operating Income 1.7M 24.4M 38.2M -48.9M 65.4M
EBIT 12.0M 434.0M 14.0M -83.6M 81.7M
Interest Expense 23.3M 33.4M 36.9M 38.4M 37.3M
Interest Expense Non Operating 23.3M 33.4M 36.9M 38.4M 37.3M
Interest Income 4.4M 5.2M 7.2M 8.2M 6.8M
Interest Income Non Operating 4.4M 5.2M 7.2M 8.2M 6.8M
Net Interest Income -20.4M -29.5M -31.0M -31.5M -32.1M
Other Income Expense 7.4M 405.7M -30.1M -41.7M 11.2M
Special Income Charges -1.4M 359.0M -979,000 2.3M 18.0M
Restructuring And Mergern Acquisition 1.4M 157,000 979,000 3.1M 689,000
Write Off 0.00 0.00 0.00 0.00 0.00
Gain On Sale Of Security 8.8M 46.7M -29.1M -44.0M -6.9M
Earnings From Equity Interest 0.00 0.00 0.00 0.00 0.00
Pretax Income -11.3M 400.6M -22.9M -122.0M 44.4M
Tax Provision 1.2M 757,000 -1,000 507,000 3.2M
Tax Effect Of Unusual Items 1.1M 766,642 -1,315 -6.3M 795,495
Net Income From Continuing And Discontinued Operation -12.5M 399.8M -22.9M -122.5M 41.2M
Net Income From Continuing Operation Net Minority Interest -12.5M 399.8M -22.9M -122.5M 41.2M
Net Income Including Noncontrolling Interests -12.5M 399.8M -22.9M -122.5M 41.2M
Net Income Common Stockholders -12.5M 399.8M -22.9M -122.5M 41.2M
Net Income -12.5M 399.8M -22.9M -122.5M 41.2M
EBITDA 80.5M 496.7M 76.7M -20.7M 143.3M
Normalized EBITDA 73.2M 91.0M 106.8M 21.0M 132.1M
Reconciled Depreciation 68.5M 62.7M 62.7M 63.0M 61.5M
Basic EPS -- 9.97 -0.58 -3.10 --
Diluted EPS -- 9.39 -0.58 -3.10 --
Basic Average Shares -- 40.1M 39.8M 39.5M --
Diluted Average Shares -- 42.4M 39.8M 39.5M --
Total Unusual Items 7.4M 405.7M -30.1M -41.7M 11.2M
Total Unusual Items Excluding Goodwill 7.4M 405.7M -30.1M -41.7M 11.2M
Tax Rate For Calcs 0.15 0.00 0.00 0.15 0.07
Normalized Income -18.8M -5.1M 7.2M -87.1M 30.9M
Average Dilution Earnings -1.2M -2.3M 0.00 0.00 0.00
Diluted NI Availto Com Stockholders -13.7M 397.5M -22.9M -122.5M 41.2M
Gain On Sale Of Business -- -- 0.00 0.00 --
Gain On Sale Of Ppe 0.00 14.1M 0.00 5.2M 24.5M
Net Income Continuous Operations -12.5M 399.8M -22.9M -122.5M 41.2M
Net Non Operating Interest Income Expense -20.4M -29.5M -31.0M -31.5M -32.1M
Other Special Charges 0.00 -345.1M -- -216,000 --
Reconciled Cost Of Revenue 682.8M 668.5M 880.8M 775.9M 641.2M
Rent Expense Supplemental 77,000 13,000 3.3M 2.7M -2.2M
Selling And Marketing Expense 50.1M 49.0M 77.6M 63.9M 46.7M
Total Expenses 769.9M 741.9M 992.8M 878.4M 723.5M
Total Operating Income As Reported 248,000 24.2M 37.3M -52.0M 64.7M
Total Other Finance Cost 1.4M 1.3M 1.3M 1.3M 1.6M
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Cash And Cash Equivalents 164.9M 357.2M 532.6M 389.4M 260.3M
Cash Cash Equivalents And Short Term Investments 164.9M 357.2M 532.6M 389.4M 260.3M
Accounts Receivable 7.9M 11.8M 10.5M 14.2M 14.3M
Receivables 154.0M 139.7M 166.3M 152.2M 151.7M
Inventory 49.7M 47.2M 44.0M 42.8M 40.2M
Prepaid Assets 162.9M 216.5M 211.2M 162.9M 158.2M
Current Assets 979.8M 1.1B 1.2B 1.4B 1.1B
Gross PPE 2.6B 2.6B 2.6B 2.6B 2.6B
Accumulated Depreciation -1.4B -1.4B -1.3B -1.2B -1.2B
Net PPE 1.3B 1.3B 1.3B 1.3B 1.4B
Goodwill And Other Intangible Assets 21.0M 18.9M 13.1M 12.7M 13.1M
Other Intangible Assets 21.0M -- -- -- 13.1M
Investments And Advances -- -- -- -- 0.00
Long Term Equity Investment -- -- -- -- 0.00
Other Non Current Assets 35.6M 35.6M 35.6M 31.2M 31.2M
Total Non Current Assets 1.6B 1.6B 1.6B 1.6B 1.7B
Total Assets 2.6B 2.6B 2.8B 3.0B 2.8B
Current Debt And Capital Lease Obligation 172.7M 191.8M 156.0M 174.9M 176.9M
Accounts Payable 202.5M 412.3M 471.0M 447.3M 224.5M
Payables 333.4M 413.6M 472.9M 449.7M 331.8M
Payables And Accrued Expenses 379.1M 413.6M 472.9M 449.7M 365.5M
Current Accrued Expenses 45.7M -- -- -- 33.7M
Current Deferred Revenue 823.3M 821.5M 888.7M 1.0B 781.2M
Other Current Liabilities 31.8M 75.5M 112.8M 39.0M 24.4M
Current Liabilities 1.4B 1.5B 1.6B 1.7B 1.3B
Long Term Debt 200.8M 180.4M 705.6M 699.7M 682.3M
Long Term Debt And Capital Lease Obligation 1.4B 1.4B 1.9B 2.0B 2.0B
Long Term Capital Lease Obligation 1.2B 1.2B 1.2B 1.3B 1.3B
Total Non Current Liabilities Net Minority Interest 1.8B 1.8B 2.2B 2.3B 2.3B
Total Liabilities Net Minority Interest 3.2B 3.3B 3.9B 4.0B 3.6B
Common Stock 227.4M 226.9M 226.4M 225.9M 225.4M
Capital Stock 227.4M 226.9M 226.4M 225.9M 225.4M
Retained Earnings -881.2M -868.7M -1.3B -1.2B -1.1B
Gains Losses Not Affecting Retained Earnings -7.7M -7.8M -7.9M -7.9M -7.7M
Common Stock Equity -645.1M -633.2M -1.0B -1.0B -889.1M
Stockholders Equity -645.1M -633.2M -1.0B -1.0B -889.1M
Total Equity Gross Minority Interest -645.1M -633.2M -1.0B -1.0B -889.1M
Total Capitalization -444.2M -452.7M -328.1M -311.6M -206.8M
Net Tangible Assets -666.1M -652.1M -1.0B -1.0B -902.1M
Tangible Book Value -666.1M -652.1M -1.0B -1.0B -902.1M
Working Capital -428.7M -448.9M -384.0M -304.6M -261.1M
Invested Capital -444.2M -452.7M -328.1M -311.6M -206.8M
Total Debt 1.5B 1.5B 2.1B 2.2B 2.1B
Net Debt 35.9M -- 173.0M 310.3M 422.0M
Share Issued 40.4M 40.2M 39.9M 39.6M 39.3M
Ordinary Shares Number 40.4M 40.2M 39.9M 39.6M 39.3M
Capital Lease Obligations 1.3B 1.4B 1.4B 1.5B 1.5B
Current Capital Lease Obligation 172.7M 191.8M 156.0M 174.9M 176.9M
Current Deferred Liabilities 823.3M 821.5M 888.7M 1.0B 781.2M
Current Provisions 1.6M -- -- -- --
Employee Benefits 26.8M 26.6M 25.6M 25.5M 25.3M
Foreign Currency Translation Adjustments -7.7M -7.8M -7.9M -7.9M -7.7M
Hedging Assets Current 18.3M 23.0M 32.3M 41.9M 22.7M
Income Tax Payable 2.2M 1.3M 1.9M 2.3M 1.6M
Investmentsin Joint Venturesat Cost -- -- -- -- 0.00
Long Term Provisions 201.1M 185.2M 183.2M 187.6M 174.4M
Machinery Furniture Equipment 41.2M 41.6M 40.7M 39.9M 39.5M
Non Current Deferred Assets 370,000 488,000 487,000 510,000 588,000
Non Current Deferred Liabilities 199.7M 203.9M 107.1M 114.2M 121.3M
Non Current Deferred Revenue 199.2M 203.4M 106.6M 113.7M 120.8M
Non Current Deferred Taxes Assets 370,000 488,000 487,000 510,000 588,000
Non Current Deferred Taxes Liabilities 548,000 491,000 494,000 483,000 481,000
Non Current Prepaid Assets 283.2M 263.3M 250.4M 249.0M 240.4M
Other Equity Interest 16.5M 16.4M 16.4M 16.3M 16.3M
Other Payable 128.8M -- -- -- 105.7M
Other Properties 113.7M 113.6M 113.6M 112.3M 113.9M
Other Receivables 145.6M 127.7M 155.1M 137.2M 136.9M
Preferred Securities Outside Stock Equity 7.9M 9.2M -- -- 0.00
Properties 18.5M 18.5M 18.6M 18.6M 18.6M
Restricted Cash 430.0M 269.9M 260.0M 604.2M 453.8M
Taxes Receivable 469,000 152,000 730,000 770,000 504,000
Total Tax Payable 2.2M 1.3M 1.9M 2.3M 1.6M
Line Item Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025 Q4 2024Oct 31, 2024
Operating Cash Flow -114.5M -104.9M 207.8M 168.6M -108.1M
Cash Flow From Continuing Operating Activities -114.5M -104.9M 207.8M 168.6M -108.1M
Depreciation And Amortization 68.5M 62.7M 62.7M 63.0M 61.5M
Depreciation Amortization Depletion 68.5M 62.7M 62.7M 63.0M 61.5M
Stock Based Compensation 23,000 49,000 50,000 49,000 50,000
Deferred Tax 124,000 0.00 4,000 99,000 2.7M
Deferred Income Tax 124,000 0.00 4,000 99,000 2.7M
Change In Working Capital -157.0M -158.0M 155.9M 177.1M -184.6M
Change In Other Working Capital -157.0M -158.0M 155.9M 177.1M -184.6M
Other Non Cash Items -8.4M 279,000 -17.5M 11.8M -17.6M
Capital Expenditure -29.8M -30.2M -14.9M -22.9M -29.6M
Purchase Of PPE -29.8M -30.2M -14.9M -22.9M -29.6M
Net PPE Purchase And Sale 62.2M -30.2M -14.9M -22.9M 57.2M
Sale Of Business 0.00 0.00 0.00 -- 0.00
Sale Of Investment -- -- -- 0.00 --
Net Investment Purchase And Sale -- -- -- 0.00 --
Investing Cash Flow -29.8M 31.2M -19.3M 7.7M 57.9M
Cash Flow From Continuing Investing Activities -29.8M 31.2M -19.3M 7.7M 57.9M
Repayment Of Debt -63.6M -89.8M -46.3M -47.2M -52.0M
Net Issuance Payments Of Debt -33.6M -89.8M -46.3M -47.2M -52.0M
Issuance Of Capital Stock 448,000 524,000 463,000 492,000 472,000
Net Common Stock Issuance 448,000 524,000 463,000 492,000 472,000
Financing Cash Flow -49.4M -100.2M -45.8M -47.7M -51.5M
Cash Flow From Continuing Financing Activities -49.4M -100.2M -45.8M -47.7M -51.5M
Effect Of Exchange Rate Changes 1.6M -1.5M 514,000 453,000 189,000
Changes In Cash -193.8M -173.9M 142.7M 128.6M -101.7M
Beginning Cash Position 357.2M 532.6M 389.4M 260.3M 361.9M
End Cash Position 164.9M 357.2M 532.6M 389.4M 260.3M
Free Cash Flow -144.4M -135.2M 192.9M 145.7M -137.7M
Income Tax Paid Supplemental Data 370,000 652,000 -- 51,000 --
Interest Paid Supplemental Data 22.9M 34.8M 7.6M 26.8M 24.9M
Asset Impairment Charge 0.00 0.00 0.00 0.00 0.00
Common Stock Issuance 448,000 524,000 463,000 492,000 472,000
Earnings Losses From Equity Investments 0.00 0.00 0.00 0.00 0.00
Gain Loss On Investment Securities -20.9M -56.6M 90.1M -3.5M -5.7M
Gain Loss On Sale Of Business -- -- -- -- --
Gain Loss On Sale Of PPE 0.00 -14.1M 0.00 -5.2M -24.5M
Long Term Debt Payments -63.6M -89.8M -46.3M -47.2M -52.0M
Net Business Purchase And Sale 0.00 0.00 0.00 -- 0.00
Net Foreign Currency Exchange Gain Loss 15.1M 4.9M -61.0M 47.5M 12.5M
Net Income From Continuing Operations -12.5M 399.8M -22.9M -122.5M 41.2M
Net Long Term Debt Issuance -33.6M -89.8M -46.3M -47.2M -52.0M
Net Other Financing Charges 0.00 -10.9M -- -1.1M --
Net Other Investing Changes -92.1M 61.5M -4.4M 30.6M 642,000
Operating Gains Losses -5.2M -409.7M 29.6M 39.1M -11.4M
Pension And Employee Benefit Expense 598,000 1.3M 477,000 477,000 435,000
Sale Of PPE 92.1M 0.00 0.00 -- 86.8M
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