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TWC Enterprises Limited

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 246.1M 230.5M 190.8M 178.4M
Operating Revenue 246.1M 230.5M 190.8M 178.4M
Cost Of Revenue 87.4M 79.8M 35.1M 42.9M
Gross Profit 158.7M 150.7M 155.7M 135.5M
Selling General And Administration 77.8M 73.1M 70.2M 52.1M
General And Administrative Expense 77.8M 73.1M 70.2M 52.1M
Depreciation And Amortization In Income Statement 14.3M 14.2M 17.9M 19.4M
Other Operating Expenses 29.3M 29.8M 29.5M 24.4M
Operating Expense 124.4M 120.2M 120.7M 98.2M
Operating Income 34.3M 30.5M 35.0M 37.4M
EBIT 54.7M 33.7M 35.5M 103.3M
Interest Expense -1.1M 2.1M 7.6M -7.7M
Interest Expense Non Operating -1.1M 2.1M 7.6M -7.7M
Interest Income 10.6M 11.3M 8.7M -6.7M
Interest Income Non Operating 10.6M 11.3M 8.7M -6.7M
Net Interest Income 11.8M 9.0M 806,000 1.2M
Other Income Expense 9.7M -7.9M -8.0M 74.8M
Other Non Operating Income Expenses 369,000 -1.6M -260,000 -10.1M
Special Income Charges 9.1M 14.4M 956,000 44.1M
Gain On Sale Of Security 353,000 -20.6M -9.2M 39.5M
Earnings From Equity Interest -53,000 -123,000 457,000 1.3M
Pretax Income 55.8M 31.6M 27.8M 110.9M
Tax Provision 15.2M 9.5M 9.2M 21.3M
Tax Effect Of Unusual Items 2.6M -1.9M -2.7M 16.0M
Net Income From Continuing And Discontinued Operation 40.6M 22.0M 18.7M 89.9M
Net Income From Continuing Operation Net Minority Interest 40.6M 22.0M 18.7M 89.9M
Net Income Including Noncontrolling Interests 40.6M 22.0M 18.7M 89.6M
Minority Interests -- -- 95,000 295,000
Net Income Common Stockholders 40.6M 22.0M 18.7M 89.9M
Net Income 40.6M 22.0M 18.7M 89.9M
EBITDA 69.0M 47.9M 53.3M 122.7M
Normalized EBITDA 59.6M 54.1M 61.5M 39.1M
Reconciled Depreciation 14.3M 14.2M 17.9M 19.4M
Basic EPS 1.66 0.90 0.76 3.64
Diluted EPS 1.66 0.90 0.76 3.64
Basic Average Shares 24.5M 24.5M 24.5M 24.6M
Diluted Average Shares 24.5M 24.5M 24.5M 24.6M
Total Unusual Items 9.4M -6.2M -8.2M 83.6M
Total Unusual Items Excluding Goodwill 9.4M -6.2M -8.2M 83.6M
Tax Rate For Calcs 0.27 0.30 0.33 0.19
Normalized Income 33.7M 26.4M 24.2M 22.4M
Amortization 796,000 801,000 1.4M 1.7M
Amortization Of Intangibles Income Statement 796,000 801,000 1.4M 1.7M
Depreciation Amortization Depletion Income Statement 14.3M 14.2M 17.9M 19.4M
Depreciation Income Statement 13.5M 13.4M 16.5M 17.8M
Diluted NI Availto Com Stockholders 40.6M 22.0M 18.7M 89.9M
Gain On Sale Of Business 0.00 6.4M 0.00 --
Gain On Sale Of Ppe 8.2M 1.2M 376,000 40.3M
Insurance And Claims 4.5M 4.4M 3.6M 3.1M
Net Income Continuous Operations 40.6M 22.0M 18.7M 89.6M
Net Non Operating Interest Income Expense 11.8M 9.0M 806,000 1.2M
Other Gand A 5.0M 5.1M 5.6M 4.6M
Other Special Charges -857,000 -6.8M -580,000 -3.8M
Other Taxes 3.0M 3.1M 3.1M 2.3M
Reconciled Cost Of Revenue 87.4M 79.8M 35.1M 42.9M
Salaries And Wages 68.3M 63.6M 60.9M 44.4M
Selling And Marketing Expense 5.0M 5.1M 5.6M 4.6M
Total Expenses 211.8M 200.0M 155.8M 141.0M
Total Other Finance Cost -67,000 205,000 243,000 -179,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 55.6M 53.7M 44.1M 91.4M
Cash Cash Equivalents And Short Term Investments 158.8M 157.2M 169.4M 204.5M
Other Short Term Investments 103.2M 103.4M 125.2M 113.1M
Accounts Receivable 6.3M 5.1M 13.0M 5.1M
Receivables 28.6M 6.7M 20.0M 6.6M
Inventory 75.5M 104.1M 105.4M 89.5M
Prepaid Assets 1.1M 1.1M 899,000 827,000
Other Current Assets -- -- 125.2M --
Current Assets 267.0M 278.3M 298.0M 302.3M
Gross PPE 666.5M 659.7M 658.3M 649.4M
Accumulated Depreciation -261.5M -259.9M -255.6M -244.6M
Net PPE 405.0M 399.8M 402.7M 404.7M
Goodwill And Other Intangible Assets 10.0M 10.8M 11.6M 12.9M
Other Intangible Assets 10.0M 10.8M 11.6M 12.9M
Investments And Advances 24.0M 10.0M 14.1M 24.7M
Long Term Equity Investment 11.2M 0.00 5.5M 5.4M
Other Investments -- 10.0M 8.6M 19.3M
Other Non Current Assets 403,000 446,000 564,000 559,000
Total Non Current Assets 440.0M 423.8M 429.4M 444.5M
Total Assets 707.0M 702.1M 727.3M 746.8M
Current Debt 20.4M 5.8M 17.4M 39.2M
Current Debt And Capital Lease Obligation 20.6M 7.1M 18.6M 43.7M
Accounts Payable 14.4M 10.9M 9.9M 8.8M
Payables 15.7M 11.1M 13.5M 21.3M
Payables And Accrued Expenses 23.0M 18.8M 29.0M 36.3M
Current Accrued Expenses 7.3M 7.7M 15.5M 15.1M
Other Current Liabilities 25.5M 30.9M 34.7M 33.0M
Current Liabilities 69.0M 56.7M 82.3M 113.0M
Long Term Debt 7.7M 57.4M 66.7M 73.4M
Long Term Debt And Capital Lease Obligation 8.1M 57.6M 68.0M 75.9M
Long Term Capital Lease Obligation 395,000 250,000 1.3M 2.5M
Total Non Current Liabilities Net Minority Interest 62.6M 107.7M 121.0M 130.4M
Total Liabilities Net Minority Interest 131.6M 164.5M 203.3M 243.4M
Common Stock 101.9M 102.1M 102.3M 100.5M
Capital Stock 101.9M 102.1M 102.3M 100.5M
Retained Earnings 451.7M 420.3M 403.9M 389.4M
Gains Losses Not Affecting Retained Earnings 14.3M 7.5M 9.2M 4.8M
Other Equity Adjustments 14.3M 7.5M 9.2M 4.8M
Common Stock Equity 568.0M 529.9M 515.5M 494.7M
Stockholders Equity 568.0M 529.9M 515.5M 494.7M
Total Equity Gross Minority Interest 575.4M 537.6M 524.0M 503.4M
Minority Interest 7.5M 7.7M 8.6M 8.7M
Total Capitalization 575.7M 587.3M 582.2M 568.1M
Net Tangible Assets 557.9M 519.1M 503.9M 481.8M
Tangible Book Value 557.9M 519.1M 503.9M 481.8M
Working Capital 198.0M 221.5M 215.7M 189.3M
Invested Capital 596.1M 593.1M 599.6M 607.3M
Total Debt 28.7M 64.7M 86.6M 119.6M
Net Debt -- 9.4M 40.0M 21.2M
Share Issued 24.4M 24.5M 24.6M 24.5M
Ordinary Shares Number 24.4M 24.5M 24.6M 24.5M
Allowance For Doubtful Accounts Receivable -118,000 -165,000 -206,000 -112,000
Assets Held For Sale Current 0.00 3.2M 0.00 --
Available For Sale Securities 12.9M 10.0M -- --
Buildings And Improvements 167.3M 164.5M 162.8M 159.9M
Capital Lease Obligations 510,000 1.5M 2.5M 7.0M
Current Capital Lease Obligation 115,000 1.3M 1.1M 4.5M
Finished Goods 75.5M 104.1M 105.4M 89.5M
Gross Accounts Receivable 6.4M 5.3M 13.2M 5.3M
Income Tax Payable 1.3M 243,000 3.6M 12.4M
Interest Payable 60,000 94,000 151,000 492,000
Investmentin Financial Assets 12.9M 10.0M -- --
Investmentsin Joint Venturesat Cost 11.2M 0.00 5.5M 5.4M
Land And Improvements 284.9M 283.5M 285.5M 282.9M
Leases 71,000 1.1M 2.1M 6.1M
Loans Receivable 22.3M 1.6M 7.0M 1.5M
Non Current Deferred Liabilities 54.5M 50.1M 53.0M 54.5M
Non Current Deferred Revenue 3.3M 3.0M 3.3M 4.0M
Non Current Deferred Taxes Liabilities 51.2M 47.1M 49.6M 50.5M
Non Current Note Receivables 513,000 2.8M 442,000 1.5M
Other Current Borrowings 20.4M 5.8M 17.4M 39.2M
Other Properties 214.2M 210.6M 207.9M 200.5M
Properties 0.00 0.00 0.00 0.00
Restricted Cash 3.0M 5.9M 2.2M 944,000
Total Tax Payable 1.3M 243,000 3.6M 12.4M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 79.8M 38.0M 12.0M 67.7M
Cash Flow From Continuing Operating Activities 79.8M 38.0M 12.0M 67.8M
Depreciation And Amortization 14.3M 14.2M 17.9M 19.4M
Depreciation Amortization Depletion 14.3M 14.2M 17.9M 19.4M
Deferred Tax 15.2M 9.5M 9.2M 21.3M
Deferred Income Tax 15.2M 9.5M 9.2M 21.3M
Change In Working Capital 28.3M -3.0M -17.7M 17.2M
Changes In Account Receivables -1.1M 7.9M -7.9M 9.1M
Change In Receivables -1.1M 7.9M -7.9M 9.1M
Change In Inventory 28.6M 1.1M -16.0M -1.6M
Change In Payables And Accrued Expense 3.4M -4.5M 5.8M 4.6M
Change In Other Working Capital 2.8M -3.6M -1.3M -944,000
Other Non Cash Items -3.2M -8.3M -1.5M 9.6M
Capital Expenditure -17.2M -15.0M -13.1M -10.8M
Purchase Of PPE -311,000 -254,000 -9.6M -8.6M
Net PPE Purchase And Sale 4.4M 1.5M 586,000 32.7M
Purchase Of Business -3.6M 0.00 -- --
Sale Of Business 0.00 4.8M 0.00 4.0M
Purchase Of Investment -- -1.3M -25.6M -21.4M
Sale Of Investment -- -- 16.3M --
Net Investment Purchase And Sale -- -1.3M -9.3M -21.4M
Investing Cash Flow -16.9M -9.4M -22.1M 629,000
Cash Flow From Continuing Investing Activities -16.9M -9.4M -22.1M 629,000
Issuance Of Debt -- 7.9M 34.2M 22.0M
Repayment Of Debt -54.4M -18.5M -67.9M -40.2M
Net Issuance Payments Of Debt -54.4M -10.5M -38.3M -23.6M
Repurchase Of Capital Stock -2.7M -2.2M -1.1M -8.3M
Net Common Stock Issuance -2.7M -2.2M -1.1M -8.3M
Common Stock Dividend Paid -6.9M -4.6M -- --
Common Stock Payments -2.7M -2.2M -1.1M -8.3M
Financing Cash Flow -65.0M -18.4M -40.9M -33.9M
Cash Flow From Continuing Financing Activities -65.0M -18.4M -40.9M -33.9M
Effect Of Exchange Rate Changes 3.9M -663,000 3.8M -284,000
Changes In Cash -2.1M 10.3M -51.0M 34.5M
Beginning Cash Position 53.7M 44.1M 91.4M 57.2M
End Cash Position 55.6M 53.7M 44.1M 91.4M
Free Cash Flow 62.6M 23.0M -1.1M 56.9M
Amortization Cash Flow 796,000 801,000 1.4M 1.7M
Amortization Of Intangibles 796,000 801,000 1.4M 1.7M
Capital Expenditure Reported -16.8M -14.7M -13.1M -2.3M
Cash Dividends Paid -6.9M -4.6M -1.4M -2.0M
Change In Prepaid Assets -5.4M -3.9M 1.7M 6.1M
Depreciation 13.5M 13.4M 16.5M 17.8M
Earnings Losses From Equity Investments 53,000 123,000 -457,000 -1.3M
Gain Loss On Investment Securities -8.2M -7.1M -6.4M -9.3M
Gain Loss On Sale Of Business 0.00 -6.4M 0.00 --
Gain Loss On Sale Of PPE -8.2M -1.2M -376,000 -40.3M
Interest Paid Cfo -- -- -- -1.2M
Interest Received Cfo 11.8M 9.7M 709,000 --
Long Term Debt Issuance -- 7.9M -- 22.0M
Long Term Debt Payments -18.5M -- -4.5M -27.7M
Net Business Purchase And Sale -3.6M 4.8M 0.00 4.0M
Net Foreign Currency Exchange Gain Loss 487,000 -659,000 -247,000 207,000
Net Income From Continuing Operations 40.6M 22.0M 18.7M 89.6M
Net Investment Properties Purchase And Sale -873,000 -1.3M -- -10.0M
Net Long Term Debt Issuance -18.5M 7.9M -9.0M 16.7M
Net Other Financing Charges -1.0M -1.0M -144,000 -60,000
Net Other Investing Changes -14,000 348,000 -300,000 -8.4M
Net Short Term Debt Issuance -35.9M -18.5M -29.3M -40.2M
Operating Gains Losses -15.9M -15.3M -7.4M -50.7M
Purchase Of Investment Properties -- -- -- -10.0M
Sale Of PPE 4.7M 1.8M 586,000 41.3M
Short Term Debt Issuance -- -- 34.2M --
Short Term Debt Payments -35.9M -18.5M -63.5M -40.2M
Taxes Refund Paid -10.4M -11.7M -23.5M -7.3M
Unrealized Gain Loss On Investment Securities -1.0M 20.8M 15.8M -30.4M
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