Turnium Technology Group Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 6.7M | 3.5M | 5.2M | 5.2M | -- |
| Operating Revenue | 6.7M | 3.5M | 5.2M | 5.2M | -- |
| Cost Of Revenue | 2.4M | 437,761 | 1.6M | 1.5M | -- |
| Gross Profit | 4.3M | 3.1M | 3.6M | 3.7M | -- |
| Selling General And Administration | 5.7M | 4.5M | 6.0M | 7.5M | -- |
| General And Administrative Expense | 4.8M | 4.1M | 5.4M | 6.9M | -- |
| Research And Development | 1.9M | 1.0M | 1.2M | 1.2M | -- |
| Depreciation And Amortization In Income Statement | 655,182 | 227,556 | 222,371 | 105,202 | -- |
| Other Operating Expenses | -639,262 | -32,056 | -- | -- | -22,062 |
| Operating Expense | 7.5M | 5.7M | 7.4M | 8.8M | -- |
| Operating Income | -3.2M | -2.6M | -3.8M | -5.1M | -- |
| EBIT | -8.8M | -2.4M | -3.4M | -6.0M | -- |
| Interest Expense | 1.7M | 643,492 | 604,687 | 1.3M | -- |
| Interest Expense Non Operating | 1.7M | 643,492 | 604,687 | 1.3M | -- |
| Net Interest Income | -1.7M | -643,492 | -604,687 | -1.3M | -- |
| Other Income Expense | -5.6M | 211,536 | 406,174 | -919,327 | -- |
| Other Non Operating Income Expenses | -450,842 | -- | 152,575 | 219,522 | 253,512 |
| Special Income Charges | -5.2M | 128,372 | -164,445 | -1.6M | -- |
| Restructuring And Mergern Acquisition | -- | -- | 365.00 | 1.8M | 0.00 |
| Gain On Sale Of Security | 69,288 | 83,164 | 418,044 | 500,339 | -- |
| Pretax Income | -10.4M | -3.0M | -4.0M | -7.3M | -- |
| Tax Provision | 0.00 | -84,780 | 0.00 | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | 5,946 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -11.3M | -3.0M | -4.0M | -7.3M | -- |
| Net Income From Continuing Operation Net Minority Interest | -10.4M | -2.9M | -4.0M | -7.3M | -- |
| Net Income Including Noncontrolling Interests | -11.3M | -3.0M | -4.0M | -7.3M | -- |
| Net Income Common Stockholders | -11.3M | -3.0M | -4.0M | -7.3M | -- |
| Net Income | -11.3M | -3.0M | -4.0M | -7.3M | -- |
| EBITDA | -8.1M | -2.1M | -3.2M | -5.9M | -- |
| Normalized EBITDA | -2.9M | -2.3M | -3.4M | -4.7M | -- |
| Reconciled Depreciation | 695,815 | 268,289 | 222,371 | 105,202 | -- |
| Basic EPS | -- | -0.03 | -0.05 | -0.12 | -0.08 |
| Diluted EPS | -- | -0.03 | -0.05 | -0.12 | -0.08 |
| Basic Average Shares | -- | 113.3M | 74.3M | 61.6M | 68.5M |
| Diluted Average Shares | -- | 113.3M | 74.3M | 61.6M | 68.5M |
| Total Unusual Items | -5.1M | 211,536 | 253,599 | -1.1M | -- |
| Total Unusual Items Excluding Goodwill | -5.1M | 211,536 | 253,599 | -1.1M | -- |
| Tax Rate For Calcs | 0.00 | 0.03 | 0.00 | 0.00 | -- |
| Normalized Income | -5.3M | -3.1M | -4.3M | -6.2M | -- |
| Amortization | 496,932 | 69,241 | 61,953 | 60,335 | -- |
| Amortization Of Intangibles Income Statement | 496,932 | 69,241 | 61,953 | 60,335 | -- |
| Depreciation Amortization Depletion Income Statement | 655,182 | 227,556 | 222,371 | 105,202 | -- |
| Depreciation Income Statement | 158,250 | 158,315 | 160,418 | 44,867 | -- |
| Diluted NI Availto Com Stockholders | -11.3M | -3.0M | -4.0M | -7.3M | -- |
| Impairment Of Capital Assets | 5.2M | -- | -- | 0.00 | 1.7M |
| Net Income Continuous Operations | -10.4M | -2.9M | -4.0M | -7.3M | -- |
| Net Income Discontinuous Operations | -860,867 | -51,484 | -- | -- | -- |
| Net Non Operating Interest Income Expense | -1.7M | -643,492 | -604,687 | -1.3M | -- |
| Other Gand A | 2.7M | 2.1M | 1.6M | 1.8M | -- |
| Other Special Charges | 9,994 | -128,372 | 164,445 | -159,275 | -- |
| Reconciled Cost Of Revenue | 2.3M | 397,028 | 1.6M | 1.5M | -- |
| Salaries And Wages | 2.2M | 2.0M | 3.8M | 5.0M | -- |
| Selling And Marketing Expense | 836,255 | 418,830 | 598,471 | 599,934 | -- |
| Total Expenses | 9.9M | 6.1M | 9.0M | 10.2M | -- |
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 369,551 | 145,149 | 152,882 | 608,969 | -- |
| Cash Cash Equivalents And Short Term Investments | 369,551 | 145,149 | 152,882 | 608,969 | -- |
| Cash Financial | -- | -- | 152,882 | 608,969 | 432,346 |
| Accounts Receivable | 336,075 | 449,099 | 351,609 | 497,343 | -- |
| Receivables | 1.2M | 476,540 | 392,434 | 525,196 | -- |
| Inventory | 18,955 | 21,993 | 21,945 | 0.00 | -- |
| Prepaid Assets | 152,644 | 16,435 | 226,847 | 166,510 | -- |
| Current Assets | 2.9M | 660,117 | 794,108 | 1.3M | -- |
| Gross PPE | 926,708 | 919,974 | 990,196 | 854,301 | -- |
| Accumulated Depreciation | -645,571 | -447,534 | -269,547 | -87,910 | -- |
| Net PPE | 281,137 | 472,440 | 720,649 | 766,391 | -- |
| Goodwill | 0.00 | 6.3M | 1.1M | 1.1M | -- |
| Goodwill And Other Intangible Assets | 3.4M | 10.2M | 1.4M | 1.4M | -- |
| Other Intangible Assets | 3.4M | 3.9M | 230,086 | 270,819 | -- |
| Total Non Current Assets | 3.7M | 10.7M | 2.1M | 2.2M | -- |
| Total Assets | 6.6M | 11.4M | 2.9M | 3.5M | -- |
| Current Debt | 5.5M | 3.0M | 400,000 | 2.2M | -- |
| Current Debt And Capital Lease Obligation | 5.6M | 3.1M | 567,411 | 2.4M | -- |
| Accounts Payable | 4.6M | 4.9M | 1.6M | 1.4M | -- |
| Payables | 5.4M | 5.7M | 2.3M | 1.5M | -- |
| Payables And Accrued Expenses | 5.4M | 5.7M | 2.3M | 1.5M | -- |
| Current Deferred Revenue | 109,898 | 61,800 | 133,128 | 46,057 | -- |
| Other Current Liabilities | 378,616 | 41,997 | -- | -- | -- |
| Current Liabilities | 11.5M | 8.9M | 3.0M | 3.9M | -- |
| Long Term Debt | 2.6M | 2.3M | 419,029 | 152,268 | -- |
| Long Term Debt And Capital Lease Obligation | 2.7M | 2.6M | 972,295 | 754,089 | -- |
| Long Term Capital Lease Obligation | 102,482 | 279,214 | 553,266 | 601,821 | -- |
| Total Non Current Liabilities Net Minority Interest | 5.2M | 2.6M | 1.1M | 1.2M | -- |
| Total Liabilities Net Minority Interest | 16.7M | 11.6M | 4.1M | 5.1M | -- |
| Common Stock | 19.2M | 18.3M | 14.9M | 11.6M | -- |
| Capital Stock | 19.2M | 18.3M | 14.9M | 11.6M | -- |
| Retained Earnings | -37.7M | -26.4M | -23.5M | -19.4M | -- |
| Gains Losses Not Affecting Retained Earnings | 599,155 | 545,677 | 632,483 | 590,743 | -- |
| Other Equity Adjustments | 599,155 | 545,677 | 632,483 | 590,743 | -- |
| Common Stock Equity | -10.1M | -201,817 | -1.2M | -1.5M | -- |
| Stockholders Equity | -10.1M | -201,817 | -1.2M | -1.5M | -- |
| Total Equity Gross Minority Interest | -10.1M | -201,817 | -1.2M | -1.5M | -- |
| Total Capitalization | -7.4M | 2.1M | -769,977 | -1.4M | -- |
| Net Tangible Assets | -13.5M | -10.4M | -2.6M | -3.0M | -- |
| Tangible Book Value | -13.5M | -10.4M | -2.6M | -3.0M | -- |
| Working Capital | -8.6M | -8.3M | -2.2M | -2.6M | -- |
| Invested Capital | -2.0M | 5.1M | -369,977 | 853,049 | -- |
| Total Debt | 8.3M | 5.8M | 1.5M | 3.1M | -- |
| Net Debt | 7.7M | 5.2M | 666,147 | 1.8M | -- |
| Share Issued | 184.8M | 165.0M | 104.6M | 68.9M | -- |
| Ordinary Shares Number | 184.8M | 165.0M | 104.6M | 68.9M | -- |
| Assets Held For Sale Current | 1.1M | 0.00 | -- | -- | -- |
| Buildings And Improvements | -- | -- | -- | 729,501 | 0.00 |
| Capital Lease Obligations | 278,649 | 445,566 | 720,677 | 708,308 | -- |
| Current Capital Lease Obligation | 176,167 | 166,352 | 167,411 | 106,487 | -- |
| Current Deferred Liabilities | 109,898 | 61,800 | 133,128 | 46,057 | -- |
| Current Notes Payable | -- | -- | 400,000 | 400,000 | 300,000 |
| Derivative Product Liabilities | 2.2M | 0.00 | 5,676 | 338,845 | -- |
| Dueto Related Parties Current | 792,702 | 843,826 | 695,569 | 85,871 | -- |
| Leases | -- | -- | -- | -- | 0.00 |
| Machinery Furniture Equipment | 189,600 | 184,283 | 130,035 | 124,800 | -- |
| Non Current Deferred Liabilities | 64,420 | 0.00 | 84,780 | 84,780 | -- |
| Non Current Deferred Revenue | 64,420 | 0.00 | -- | -- | -- |
| Non Current Deferred Taxes Liabilities | -- | 0.00 | 84,780 | 84,780 | 84,780 |
| Non Current Prepaid Assets | 12,884 | 22,086 | 22,105 | 38,030 | -- |
| Other Current Borrowings | 5.5M | 3.0M | 400,000 | 1.9M | -- |
| Other Equity Interest | 7.9M | 7.4M | 6.7M | 5.7M | -- |
| Other Properties | 737,108 | 735,691 | 860,161 | 729,501 | -- |
| Other Receivables | 823,656 | -- | -- | -- | -- |
| Properties | -- | -- | -- | 0.00 | 0.00 |
| Taxes Receivable | 21,930 | 27,441 | 40,825 | 27,853 | -- |
| Tradeand Other Payables Non Current | 166,196 | 0.00 | -- | -- | -- |
| Line Item | FY 2025Sep 30, 2025 | FY 2024Sep 30, 2024 | FY 2023Sep 30, 2023 | FY 2022Sep 30, 2022 | FY 2021Sep 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -3.9M | -1.5M | -2.6M | -3.3M | -- |
| Cash Flow From Continuing Operating Activities | -3.9M | -1.5M | -2.6M | -3.3M | -- |
| Depreciation And Amortization | 695,815 | 268,289 | 222,371 | 105,202 | -- |
| Depreciation Amortization Depletion | 695,815 | 268,289 | 222,371 | 105,202 | -- |
| Stock Based Compensation | 67,005 | 634,654 | 951,516 | 2.1M | -- |
| Deferred Tax | -- | -- | -- | 0.00 | -80,190 |
| Deferred Income Tax | -- | -- | -- | 0.00 | -80,190 |
| Change In Working Capital | -1.3M | 541,438 | 265,170 | 252,850 | -- |
| Changes In Account Receivables | -- | -- | -- | -7,135 | -24,848 |
| Change In Receivables | -1.5M | 19,841 | 132,762 | -7,135 | -- |
| Change In Inventory | 3,038 | 842.00 | -21,945 | 0.00 | -- |
| Change In Payables And Accrued Expense | 88,790 | 462,063 | 111,694 | 414,306 | -- |
| Change In Payable | -- | -- | 79,568 | 414,306 | -43,311 |
| Change In Other Working Capital | 158,413 | -156,108 | 87,071 | 13,351 | -- |
| Other Non Cash Items | 1.3M | 365,244 | 128,271 | 2.1M | -- |
| Capital Expenditure | -273,917 | -3,601 | -5,235 | -44,154 | -- |
| Purchase Of PPE | -6,597 | -3,601 | -5,235 | -44,154 | -- |
| Net PPE Purchase And Sale | -6,597 | -3,601 | -5,235 | -44,154 | -- |
| Sale Of Business | 0.00 | 91,545 | 0.00 | 0.00 | -- |
| Investing Cash Flow | -273,917 | 87,944 | -5,235 | -44,154 | -- |
| Cash Flow From Continuing Investing Activities | -273,917 | 87,944 | -5,235 | -44,154 | -- |
| Issuance Of Debt | 5.5M | 550,000 | 276,500 | 1.1M | -- |
| Repayment Of Debt | -2.2M | -219,788 | -2.1M | -51,651 | -- |
| Net Issuance Payments Of Debt | 3.4M | 330,212 | -1.8M | 1.0M | -- |
| Issuance Of Capital Stock | 1.2M | 779,751 | 0.00 | 3.3M | -- |
| Repurchase Of Capital Stock | -- | -- | -- | -- | 0.00 |
| Net Common Stock Issuance | 1.2M | 779,751 | 0.00 | 3.3M | -- |
| Common Stock Payments | -- | -- | -- | -- | 0.00 |
| Financing Cash Flow | 4.5M | 1.4M | 2.2M | 3.5M | -- |
| Cash Flow From Continuing Financing Activities | 4.5M | 1.4M | 2.2M | 3.5M | -- |
| Changes In Cash | 297,697 | -7,733 | -456,087 | 176,623 | -- |
| Beginning Cash Position | 145,149 | 152,882 | 608,969 | 432,346 | -- |
| End Cash Position | 369,551 | 145,149 | 152,882 | 608,969 | -- |
| Free Cash Flow | -4.2M | -1.5M | -2.6M | -3.4M | -- |
| Interest Paid Supplemental Data | -- | 282,099 | 380,093 | 310,550 | -- |
| Asset Impairment Charge | 6.1M | 0.00 | -- | 0.00 | 1.7M |
| Change In Account Payable | -- | -- | 79,568 | 414,306 | -43,311 |
| Change In Accrued Expense | -- | -- | -- | 0.00 | 281,118 |
| Change In Prepaid Assets | -127,007 | 214,800 | -44,412 | -167,672 | -- |
| Common Stock Issuance | 1.2M | 779,751 | 0.00 | 3.3M | -- |
| Depreciation | 695,815 | 268,289 | 222,371 | 105,202 | -- |
| Gain Loss On Investment Securities | -- | -5,676 | -333,169 | -514,520 | 133,907 |
| Long Term Debt Issuance | 2.2M | 550,000 | -- | 0.00 | 200,000 |
| Long Term Debt Payments | -2.2M | -219,788 | -2.1M | -51,651 | -- |
| Net Business Purchase And Sale | 0.00 | 91,545 | 0.00 | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | 51,816 | -228,083 | 0.00 | -- | -- |
| Net Income From Continuing Operations | -11.3M | -3.0M | -4.0M | -7.3M | -- |
| Net Intangibles Purchase And Sale | -267,320 | 0.00 | -- | -- | -- |
| Net Long Term Debt Issuance | -8,020 | 330,212 | -2.1M | -51,651 | -- |
| Net Other Financing Charges | -157,402 | 167,083 | 4.0M | 2.5M | -- |
| Net Short Term Debt Issuance | 3.4M | 0.00 | 276,500 | 1.1M | -- |
| Operating Gains Losses | 51,816 | -347,657 | -168,724 | -630,334 | -- |
| Other Cash Adjustment Outside Changein Cash | -73,295 | 0.00 | -- | -- | -- |
| Proceeds From Stock Option Exercised | 0.00 | 148,000 | 0.00 | -- | -- |
| Purchase Of Intangibles | -267,320 | 0.00 | -- | -- | -- |
| Short Term Debt Issuance | 3.4M | 0.00 | 276,500 | 1.1M | -- |
| Unrealized Gain Loss On Investment Securities | 450,842 | 0.00 | -- | -- | -- |