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TerraVest Industries Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 1.4B 911.8M 678.4M 576.7M --
Operating Revenue 1.4B 911.8M 678.4M 576.7M --
Cost Of Revenue 989.9M 648.5M 512.4M 452.3M --
Gross Profit 381.3M 263.4M 166.0M 124.4M --
Selling General And Administration 172.8M 112.3M 78.1M 63.7M --
General And Administrative Expense 158.3M 101.8M 72.9M 59.3M --
Depreciation And Amortization In Income Statement 68.8M 31.9M 9.5M 9.7M --
Operating Expense 241.6M 144.2M 87.6M 73.4M --
Operating Income 139.7M 119.2M 78.4M 51.0M --
EBIT 170.1M 121.2M 83.0M 67.7M --
Interest Expense 48.2M 24.5M 15.7M 9.0M --
Interest Expense Non Operating 48.2M 24.5M 15.7M 9.0M --
Net Interest Income -49.8M -25.1M -15.9M -9.3M --
Other Income Expense 32.1M 2.7M 4.8M 17.0M --
Special Income Charges 18.1M 4.6M 3.4M 11.4M --
Restructuring And Mergern Acquisition -8.3M 0.00 0.00 -9.5M --
Gain On Sale Of Security 15.2M -469,000 333,000 3.7M --
Earnings From Equity Interest -1.3M -1.4M 1.1M 1.9M --
Pretax Income 121.9M 96.7M 67.3M 58.7M --
Tax Provision 23.6M 23.5M 17.6M 11.9M --
Tax Effect Of Unusual Items 6.4M 1.0M 966,847 3.1M --
Net Income From Continuing And Discontinued Operation 86.7M 63.6M 42.1M 45.3M --
Net Income From Continuing Operation Net Minority Interest 86.7M 63.6M 42.1M 45.3M --
Net Income Including Noncontrolling Interests 98.4M 73.2M 49.6M 46.8M --
Minority Interests -11.7M -9.7M -7.6M -1.5M --
Net Income Common Stockholders 86.7M 63.6M 42.1M 45.3M --
Net Income 86.7M 63.6M 42.1M 45.3M --
EBITDA 291.6M 190.6M 122.8M 102.9M --
Normalized EBITDA 258.3M 186.4M 119.2M 87.9M --
Reconciled Depreciation 121.5M 69.3M 39.9M 35.3M --
Basic EPS 4.27 3.41 2.35 2.53 --
Diluted EPS 4.13 3.29 2.32 2.50 --
Basic Average Shares 20.3M 18.6M 17.9M 17.9M --
Diluted Average Shares 21.0M 19.3M 18.1M 18.1M --
Total Unusual Items 33.3M 4.1M 3.7M 15.1M --
Total Unusual Items Excluding Goodwill 33.3M 4.1M 3.7M 15.1M --
Tax Rate For Calcs 0.19 0.24 0.26 0.20 --
Normalized Income 59.8M 60.4M 39.4M 33.2M --
Amortization 62.6M 27.2M 7.4M 7.7M --
Amortization Of Intangibles Income Statement 62.6M 27.2M 7.4M 7.7M --
Average Dilution Earnings -- -- -- -- 0.00
Depreciation Amortization Depletion Income Statement 68.8M 31.9M 9.5M 9.7M --
Depreciation Income Statement 6.2M 4.8M 2.1M 2.0M --
Diluted NI Availto Com Stockholders 86.7M 63.6M 42.1M 45.3M --
Gain On Sale Of Business 392,000 444,000 0.00 -- --
Gain On Sale Of Ppe 704,000 4.2M 3.4M 1.9M --
Impairment Of Capital Assets -8.7M 0.00 -- -- --
Net Income Continuous Operations 98.4M 73.2M 49.6M 46.8M --
Net Non Operating Interest Income Expense -49.8M -25.1M -15.9M -9.3M --
Other Gand A 46.5M 27.9M 24.8M 17.1M --
Other Special Charges -9,000 -- 19,000 -- --
Reconciled Cost Of Revenue 937.2M 611.0M 482.0M 426.7M --
Salaries And Wages 111.8M 74.0M 48.1M 42.2M --
Selling And Marketing Expense 14.5M 10.4M 5.2M 4.4M --
Total Expenses 1.2B 792.6M 600.0M 525.7M --
Total Other Finance Cost 1.6M 638,000 195,000 342,000 --
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 13.9M 28.4M 24.8M 9.4M --
Cash Cash Equivalents And Short Term Investments 13.9M 28.4M 24.8M 9.4M --
Cash Financial 13.9M 28.4M 24.8M 9.4M --
Accounts Receivable 197.7M 122.1M 119.3M 104.9M --
Receivables 222.7M 129.6M 128.3M 111.7M --
Inventory 351.6M 211.2M 197.2M 191.2M --
Prepaid Assets 22.6M 18.3M 10.8M 7.6M --
Other Current Assets 1.7M 1.2M 204,000 154,000 --
Current Assets 613.6M 388.9M 363.2M 322.2M --
Gross PPE 725.7M 449.4M 322.1M 282.5M --
Accumulated Depreciation -199.8M -146.7M -119.2M -92.4M --
Net PPE 525.9M 302.7M 202.9M 190.1M --
Goodwill 461.1M 77.6M 24.0M 24.2M --
Goodwill And Other Intangible Assets 851.1M 135.7M 53.6M 60.8M --
Other Intangible Assets 390.1M 58.1M 29.7M 36.5M --
Investments And Advances 63.1M 17.4M 15.2M 13.4M --
Long Term Equity Investment 1.3M 1.5M 1.5M 1.5M --
Other Non Current Assets -- -- -- 150,000 346,000
Total Non Current Assets 1.5B 479.0M 289.7M 292.4M --
Total Assets 2.1B 867.8M 652.9M 614.5M --
Current Debt 106.7M 15.7M 59.1M 14.8M --
Current Debt And Capital Lease Obligation 122.2M 25.1M 65.2M 19.8M --
Accounts Payable 86.6M 32.9M 48.8M 45.1M --
Payables 96.2M 45.1M 60.4M 51.3M --
Payables And Accrued Expenses 137.1M 65.2M 75.5M 70.0M --
Current Accrued Expenses 40.9M 20.1M 15.1M 18.7M --
Current Deferred Revenue 58.2M 48.1M 34.6M 29.8M --
Other Current Liabilities 53.4M 37,000 923,000 2.5M --
Current Liabilities 411.9M 159.2M 191.0M 136.9M --
Long Term Debt 647.3M 173.2M 176.5M 228.5M --
Long Term Debt And Capital Lease Obligation 868.7M 277.7M 203.9M 256.1M --
Long Term Capital Lease Obligation 221.4M 104.6M 27.4M 27.7M --
Other Non Current Liabilities -- 4.0M -- -- --
Total Non Current Liabilities Net Minority Interest 906.4M 309.0M 224.2M 281.7M --
Total Liabilities Net Minority Interest 1.3B 468.2M 415.2M 418.6M --
Common Stock 564.0M 250.6M 150.1M 150.5M --
Capital Stock 564.0M 250.6M 150.1M 150.5M --
Additional Paid In Capital -10.7M 14.8M 18.8M 20.4M --
Retained Earnings 170.7M 98.7M 44.6M 9.5M --
Gains Losses Not Affecting Retained Earnings -3.3M 1.3M 1.7M 2.3M --
Other Equity Adjustments -3.3M 1.3M 1.7M 2.3M --
Common Stock Equity 722.0M 367.7M 217.1M 183.6M --
Stockholders Equity 722.0M 367.7M 217.1M 183.6M --
Total Equity Gross Minority Interest 762.2M 399.6M 237.7M 195.9M --
Minority Interest 40.1M 32.0M 20.7M 12.3M --
Total Capitalization 1.4B 540.8M 393.6M 412.0M --
Net Tangible Assets -129.1M 232.0M 163.4M 122.8M --
Tangible Book Value -129.1M 232.0M 163.4M 122.8M --
Working Capital 201.7M 229.7M 172.2M 185.3M --
Invested Capital 1.5B 556.5M 452.7M 426.8M --
Total Debt 990.9M 302.9M 269.0M 275.9M --
Net Debt 740.0M 160.5M 210.9M 233.9M --
Share Issued 21.7M 19.5M 17.9M 17.9M --
Ordinary Shares Number 21.7M 19.5M 17.9M 17.9M --
Allowance For Doubtful Accounts Receivable -2.7M -1.3M -563,000 -392,000 --
Available For Sale Securities -- -- 5.8M 5.0M 1.1M
Capital Lease Obligations 237.0M 114.0M 33.4M 32.6M --
Construction In Progress 27.9M 13.1M 2.1M 6.2M --
Current Capital Lease Obligation 15.5M 9.4M 6.1M 5.0M --
Current Deferred Liabilities 58.2M 48.1M 34.6M 29.8M --
Defined Pension Benefit 12.9M 8.9M 6.9M 5.8M --
Dividends Payable 3.8M 2.9M 2.2M 1.8M --
Employee Benefits 4.6M 3.4M 3.6M 4.0M --
Financial Assets Designatedas Fair Value Through Profitor Loss Total 61.8M 15.9M 13.8M 12.0M --
Finished Goods 76.2M 55.7M 42.5M 36.7M --
Gross Accounts Receivable 200.4M 123.4M 119.8M 105.3M --
Hedging Assets Current 1.0M 255,000 1.9M 2.0M --
Income Tax Payable 2.6M 6.1M 7.0M 2.3M --
Interest Payable 2.5M 968,000 676,000 389,000 --
Investmentin Financial Assets 61.8M 15.9M 13.8M 12.0M --
Investments In Other Ventures Under Equity Method -- 7.7M 7.9M 6.9M 0.00
Investmentsin Associatesat Cost 1.2M 1.2M 1.1M 1.1M --
Investmentsin Joint Venturesat Cost 76,000 334,000 327,000 314,000 --
Land And Improvements 60.5M 42.7M 51.8M 50.7M --
Leases 254.8M 121.8M 42.0M 42.0M --
Line Of Credit -- 0.00 29.4M 3.7M 1.1M
Machinery Furniture Equipment 286.7M 206.1M 168.9M 143.5M --
Non Current Accounts Receivable 2.7M -- -- -- --
Non Current Deferred Assets 11.2M 14.3M 11.2M 22.2M --
Non Current Deferred Liabilities 33.1M 23.9M 16.8M 21.6M --
Non Current Deferred Taxes Assets 11.2M 14.3M 11.2M 22.2M --
Non Current Deferred Taxes Liabilities 33.1M 23.9M 16.8M 21.6M --
Non Current Pension And Other Postretirement Benefit Plans 4.6M 3.4M 3.6M 4.0M --
Other Current Borrowings 106.7M 15.7M 29.7M 11.1M --
Other Equity Interest 1.4M 2.1M 2.0M 955,000 --
Other Payable -- -- -- 18.3M 25.4M
Other Properties 95.7M 65.6M 57.2M 40.1M --
Other Receivables 9.3M 3.4M 3.5M 3.1M --
Pensionand Other Post Retirement Benefit Plans Current 41.1M 20.7M 14.8M 14.8M --
Properties 0.00 0.00 -- -- --
Raw Materials 172.3M 92.2M 87.1M 97.0M --
Taxes Receivable 15.7M 4.0M 5.6M 3.6M --
Total Tax Payable 5.8M 9.4M 9.4M 4.4M --
Work In Process 103.1M 63.2M 67.6M 57.6M --
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 111.1M 156.5M 79.2M 29.9M --
Cash Flow From Continuing Operating Activities 111.1M 156.5M 79.2M 29.9M --
Depreciation And Amortization 121.5M 69.3M 39.9M 35.3M --
Depreciation Amortization Depletion 121.5M 69.3M 39.9M 35.3M --
Stock Based Compensation 947,000 1.3M 1.9M 621,000 --
Deferred Tax 23.6M 23.5M 17.6M 11.9M --
Deferred Income Tax 23.6M 23.5M 17.6M 11.9M --
Change In Working Capital -62.5M 17.6M -17.4M -38.3M --
Changes In Account Receivables -3.6M 19.4M -11.9M -30.8M --
Change In Receivables -6.9M 19.4M -11.9M -30.8M --
Change In Inventory -5.4M 23.0M -7.1M -34.8M --
Change In Payables And Accrued Expense -16.0M -16.7M -1.6M 16.4M --
Change In Other Working Capital -33.5M -7.0M 5.0M 10.4M --
Change In Other Current Assets -791,000 -1.1M -1.7M 506,000 --
Other Non Cash Items 32.1M 24.9M 16.4M -798,000 --
Capital Expenditure -68.4M -56.3M -33.5M -35.7M --
Purchase Of PPE -66.7M -55.8M -33.2M -35.6M --
Net PPE Purchase And Sale -55.0M -24.8M -21.0M -24.9M --
Purchase Of Business -864.9M -151.3M -17.9M -37.9M --
Sale Of Business 3.0M 4.3M 0.00 0.00 --
Purchase Of Investment -- -- -867,000 -11.0M -8.7M
Sale Of Investment -- -- -- 0.00 10.0M
Net Investment Purchase And Sale -- -2.9M -867,000 -11.0M 1.4M
Investing Cash Flow -954.7M -175.4M -40.2M -74.0M --
Cash Flow From Continuing Investing Activities -954.7M -175.4M -40.2M -74.0M --
Issuance Of Debt 800.2M 21.7M 13.2M 71.2M --
Repayment Of Debt -238.0M -60.8M -27.0M -20.6M --
Net Issuance Payments Of Debt 562.2M -54.1M -13.5M 53.3M --
Issuance Of Capital Stock 307.0M 91.9M 0.00 -- --
Repurchase Of Capital Stock -- 0.00 -1.3M -982,000 -21.1M
Net Common Stock Issuance 307.0M 91.9M -1.3M -982,000 --
Common Stock Dividend Paid -13.5M -10.6M -8.5M -7.1M --
Common Stock Payments -- 0.00 -1.3M -982,000 -21.1M
Financing Cash Flow 829.7M 22.7M -23.4M 45.2M --
Cash Flow From Continuing Financing Activities 829.7M 22.7M -23.4M 45.2M --
Effect Of Exchange Rate Changes -452,000 23,000 -124,000 396,000 --
Changes In Cash -14.0M 3.8M 15.7M 1.2M --
Beginning Cash Position 28.4M 24.6M 9.0M 7.5M --
End Cash Position 13.9M 28.4M 24.6M 9.0M --
Free Cash Flow 42.6M 100.1M 45.7M -5.8M --
Amortization Cash Flow 62.6M 27.2M 7.4M 7.7M --
Amortization Of Intangibles 62.6M 27.2M 7.4M 7.7M --
Asset Impairment Charge 413,000 260,000 212,000 818,000 --
Cash Dividends Paid -13.5M -10.6M -8.5M -7.1M --
Common Stock Issuance 307.0M 91.9M 0.00 -- --
Depreciation 58.9M 42.2M 32.5M 27.6M --
Earnings Losses From Equity Investments 1.3M 1.4M -11,000 -1.9M --
Gain Loss On Investment Securities 412,000 738,000 -1.5M 1.2M --
Gain Loss On Sale Of Business -392,000 -444,000 0.00 -9.5M --
Gain Loss On Sale Of PPE -704,000 -4.2M -3.4M -1.9M --
Interest Paid Cfo -46.6M -24.2M -15.3M -8.9M --
Long Term Debt Issuance 800.2M 21.7M 13.2M 71.2M --
Long Term Debt Payments -238.0M -60.8M -27.0M -20.6M --
Net Business Purchase And Sale -898.0M -150.0M -18.8M -48.9M --
Net Foreign Currency Exchange Gain Loss -4.5M 49,000 1.2M -4.7M --
Net Income From Continuing Operations 98.4M 73.2M 49.6M 46.8M --
Net Intangibles Purchase And Sale -1.7M -574,000 -352,000 -171,000 --
Net Long Term Debt Issuance 562.2M -39.1M -13.8M 50.6M --
Net Other Financing Charges -- -- -- -21,000 --
Net Short Term Debt Issuance 0.00 -15.0M 325,000 2.7M --
Operating Gains Losses -3.5M -1.9M -3.0M -6.4M --
Pension And Employee Benefit Expense 491,000 503,000 595,000 883,000 --
Proceeds From Stock Option Exercised -26.0M -4.6M -63,000 0.00 --
Provisionand Write Offof Assets -- -- 212,000 818,000 -348,000
Purchase Of Intangibles -1.7M -574,000 -352,000 -171,000 --
Sale Of PPE 11.7M 31.0M 12.1M 10.7M --
Taxes Refund Paid -42.7M -27.1M -9.6M -11.3M --
Unrealized Gain Loss On Investment Securities -10.6M -615,000 -1.1M 293,000 --
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