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TWC Enterprises Limited

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 78.2M 62.8M 41.8M 48.7M 67.8M
Operating Revenue 78.2M 62.8M 41.8M 48.7M 67.8M
Cost Of Revenue 10.6M 12.3M 12.8M 15.1M 11.0M
Gross Profit 67.6M 50.5M 29.0M 33.6M 56.8M
Selling General And Administration 30.2M 24.7M 13.0M 17.0M 26.2M
General And Administrative Expense 30.2M 24.7M 13.0M 17.0M 26.2M
Depreciation And Amortization In Income Statement 3.6M 3.6M 3.4M 3.5M 3.6M
Other Operating Expenses 10.6M 9.6M 5.3M 6.1M 8.7M
Operating Expense 44.9M 38.6M 23.2M 26.8M 38.7M
Operating Income 22.7M 11.9M 5.8M 6.9M 18.1M
EBIT 23.0M 27.1M 2.8M -3.4M 53.2M
Interest Expense -267,000 283,000 311,000 -117,000 -288,000
Interest Expense Non Operating -267,000 283,000 311,000 -117,000 -288,000
Interest Income -2.6M 2.6M 1.1M 20.0M -3.0M
Interest Income Non Operating -2.6M 2.6M 1.1M 20.0M -3.0M
Net Interest Income -2.4M 2.3M 762,000 20.1M -2.7M
Other Income Expense -1.8M 12.6M -4.1M -13.5M 32.6M
Other Non Operating Income Expenses -205,000 -271,000 843,000 293,000 -177,000
Special Income Charges 178,000 9,000 -600,000 998,000 7.8M
Restructuring And Mergern Acquisition 12,000 94,000 521,000 -- 0.00
Gain On Sale Of Security -1.8M 12.9M -4.3M -14.8M 25.0M
Earnings From Equity Interest -7,000 1,000 7,000 -- 0.00
Pretax Income 23.2M 26.8M 2.5M -3.3M 53.5M
Tax Provision 6.3M 5.3M 1.4M 1.3M 10.8M
Tax Effect Of Unusual Items -434,925 2.6M -740,700 -2.1M 6.6M
Net Income From Continuing And Discontinued Operation 17.0M 21.2M 1.1M -5.0M 42.8M
Net Income From Continuing Operation Net Minority Interest 17.0M 21.2M 1.1M -5.0M 42.8M
Net Income Including Noncontrolling Interests 16.9M 21.5M 1.1M -4.6M 42.7M
Minority Interests 46,000 -160,000 -- -- 43,000
Net Income Common Stockholders 17.0M 21.2M 1.1M -5.0M 42.8M
Net Income 17.0M 21.2M 1.1M -5.0M 42.8M
EBITDA 26.5M 30.6M 6.2M 139,000 56.8M
Normalized EBITDA 28.1M 17.8M 11.1M 13.9M 24.0M
Reconciled Depreciation 3.6M 3.6M 3.4M 3.5M 3.6M
Basic EPS 0.70 0.88 0.04 -0.19 1.75
Diluted EPS 0.70 0.88 0.04 -0.19 1.75
Basic Average Shares 24.2M 24.4M 27.1M 24.1M 24.4M
Diluted Average Shares 24.2M 24.4M 27.1M 24.1M 24.4M
Total Unusual Items -1.6M 12.9M -4.9M -13.8M 32.8M
Total Unusual Items Excluding Goodwill -1.6M 12.9M -4.9M -13.8M 32.8M
Tax Rate For Calcs 0.27 0.20 0.15 0.15 0.20
Normalized Income 18.1M 10.9M 5.3M 6.7M 16.6M
Amortization 181,000 184,000 169,000 198,000 204,000
Amortization Of Intangibles Income Statement 181,000 184,000 169,000 198,000 204,000
Depreciation Amortization Depletion Income Statement 3.6M 3.6M 3.4M 3.5M 3.6M
Depreciation Income Statement 3.4M 3.4M 3.2M 3.3M 3.4M
Diluted NI Availto Com Stockholders 17.0M 21.2M 1.1M -5.0M 42.8M
Gain On Sale Of Ppe 190,000 103,000 -79,000 141,000 7.8M
Insurance And Claims 1.0M 961,000 927,000 2.0M 1.1M
Net Income Continuous Operations 16.9M 21.5M 1.1M -4.6M 42.7M
Net Non Operating Interest Income Expense -2.4M 2.3M 762,000 20.1M -2.7M
Other Gand A 1.6M 1.2M 1.5M 1.0M 1.2M
Other Special Charges -- -- -- -- --
Other Taxes 590,000 773,000 1.6M 176,000 230,000
Reconciled Cost Of Revenue 10.6M 12.3M 12.8M 15.1M 11.0M
Salaries And Wages 27.6M 22.5M 10.5M 14.0M 23.9M
Selling And Marketing Expense 1.6M 1.2M 1.5M 1.0M 1.2M
Total Expenses 55.5M 50.9M 36.0M 41.8M 49.7M
Total Other Finance Cost -2,000 3,000 2,000 -2,000 -15,000
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 49.8M 51.6M 63.7M 55.6M 75.0M
Cash Cash Equivalents And Short Term Investments 157.3M 160.8M 160.6M 158.8M 193.1M
Other Short Term Investments 107.5M 109.2M 96.9M 103.2M 118.1M
Accounts Receivable 16.6M 20.0M 16.5M 6.3M 14.0M
Receivables 16.6M 22.4M 18.9M 28.6M 16.6M
Inventory 81.5M 81.0M 79.1M 75.5M 82.0M
Prepaid Assets -- -- -- 1.1M --
Other Current Assets -- -- -- -- --
Current Assets 255.6M 265.1M 261.2M 267.0M 293.8M
Gross PPE 722.9M 717.2M 716.0M 666.5M 669.4M
Accumulated Depreciation -266.9M -263.9M -262.5M -261.5M -264.7M
Net PPE 456.0M 453.3M 453.5M 405.0M 404.7M
Goodwill And Other Intangible Assets 11.3M 11.4M 11.7M 10.0M 10.2M
Other Intangible Assets 11.3M 11.4M 11.7M 10.0M 10.2M
Investments And Advances -- -- 25.7M 24.0M 22.7M
Long Term Equity Investment -- -- 11.2M 11.2M 10.5M
Other Investments -- -- 0.00 -- --
Other Non Current Assets 27.3M 26.8M 426,000 403,000 488,000
Total Non Current Assets 497.5M 492.1M 491.9M 440.0M 438.6M
Total Assets 753.1M 757.3M 753.1M 707.0M 732.4M
Current Debt 19.7M 16.4M 15.8M 20.4M 1.5M
Current Debt And Capital Lease Obligation 20.0M 16.7M 16.2M 20.6M 1.9M
Accounts Payable 16.2M 16.5M 16.9M 14.4M 12.4M
Payables 16.9M 17.3M 17.5M 15.7M 14.6M
Payables And Accrued Expenses 31.8M 32.5M 25.1M 23.0M 26.8M
Current Accrued Expenses 14.9M 15.2M 7.6M 7.3M 12.2M
Other Current Liabilities 34.5M 59.8M 76.2M 25.5M 36.3M
Current Liabilities 86.4M 109.0M 117.5M 69.0M 65.0M
Long Term Debt 6.2M 6.5M 7.3M 7.7M 34.4M
Long Term Debt And Capital Lease Obligation 7.0M 7.4M 8.3M 8.1M 34.9M
Long Term Capital Lease Obligation 789,000 917,000 1.0M 395,000 425,000
Total Non Current Liabilities Net Minority Interest 66.0M 61.8M 61.3M 62.6M 90.8M
Total Liabilities Net Minority Interest 152.3M 170.8M 178.9M 131.6M 155.8M
Common Stock 101.3M 101.6M 102.0M 101.9M 101.9M
Capital Stock 101.3M 101.6M 102.0M 101.9M 101.9M
Retained Earnings 480.3M 467.4M 450.3M 451.7M 458.5M
Gains Losses Not Affecting Retained Earnings 11.4M 9.6M 14.2M 14.3M 8.9M
Other Equity Adjustments 11.4M 9.6M 14.2M 14.3M 8.9M
Common Stock Equity 593.0M 578.6M 566.5M 568.0M 569.3M
Stockholders Equity 593.0M 578.6M 566.5M 568.0M 569.3M
Total Equity Gross Minority Interest 600.8M 586.5M 574.2M 575.4M 576.6M
Minority Interest 7.8M 7.9M 7.7M 7.5M 7.3M
Total Capitalization 599.2M 585.1M 573.8M 575.7M 603.7M
Net Tangible Assets 581.7M 567.2M 554.8M 557.9M 559.1M
Tangible Book Value 581.7M 567.2M 554.8M 557.9M 559.1M
Working Capital 169.3M 156.1M 143.7M 198.0M 228.7M
Invested Capital 618.8M 601.5M 589.6M 596.1M 605.2M
Total Debt 27.0M 24.1M 24.5M 28.7M 36.8M
Share Issued 24.2M 24.3M 24.4M 24.4M 24.4M
Ordinary Shares Number 24.2M 24.3M 24.4M 24.4M 24.4M
Allowance For Doubtful Accounts Receivable -- -- -- -118,000 --
Assets Held For Sale Current -- 0.00 0.00 0.00 0.00
Available For Sale Securities -- -- 14.6M 12.9M 12.2M
Buildings And Improvements 178.4M 178.0M 178.1M 167.3M 166.9M
Capital Lease Obligations 1.1M 1.3M 1.4M 510,000 850,000
Current Capital Lease Obligation 341,000 343,000 340,000 115,000 425,000
Finished Goods 71.0M 66.5M 67.2M 75.5M 72.5M
Gross Accounts Receivable -- -- -- 6.4M --
Income Tax Payable 683,000 745,000 603,000 1.3M 2.2M
Interest Payable 58,000 58,000 58,000 60,000 60,000
Investmentin Financial Assets -- -- 14.6M 12.9M 12.2M
Investmentsin Joint Venturesat Cost -- -- 11.2M 11.2M 10.5M
Land And Improvements 314.9M 312.7M 313.2M 284.9M 284.5M
Leases 292,000 308,000 324,000 71,000 326,000
Loans Receivable 3,000 2.4M 2.4M 22.3M 2.6M
Non Current Deferred Liabilities 59.0M 54.4M 53.0M 54.5M 56.0M
Non Current Deferred Revenue 4.4M 1.9M 2.4M 3.3M 4.0M
Non Current Deferred Taxes Liabilities 54.6M 52.5M 50.6M 51.2M 51.9M
Non Current Note Receivables 2.9M 538,000 539,000 513,000 508,000
Other Current Borrowings 19.7M 16.4M 15.8M 20.4M 1.5M
Other Inventories 10.5M 14.5M 11.9M -- 9.6M
Other Properties 229.3M 226.2M 224.4M 214.2M 217.7M
Properties 0.00 0.00 0.00 0.00 0.00
Restricted Cash 182,000 926,000 2.7M 3.0M 2.1M
Total Tax Payable 683,000 745,000 603,000 1.3M 2.2M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 4.3M 849,000 47.4M 9.6M 6.1M
Cash Flow From Continuing Operating Activities 4.3M 850,000 47.4M 9.6M 6.1M
Depreciation And Amortization 3.6M 3.6M 3.4M 3.5M 3.6M
Depreciation Amortization Depletion 3.6M 3.6M 3.4M 3.5M 3.6M
Deferred Tax 6.3M 5.3M 1.4M 1.3M 10.8M
Deferred Income Tax 6.3M 5.3M 1.4M 1.3M 10.8M
Change In Working Capital -23.7M -11.1M 40.8M -3.3M -17.7M
Changes In Account Receivables 3.3M -3.4M -10.3M 7.7M 4.7M
Change In Receivables 3.3M -3.4M -10.3M 7.7M 4.7M
Change In Inventory -510,000 -2.0M -2.1M 5.4M -2.3M
Change In Payables And Accrued Expense -2.0M 9.0M 4.0M -4.7M -2.5M
Change In Other Working Capital 744,000 1.7M 370,000 -980,000 4.7M
Other Non Cash Items 2.0M -938,000 -3.5M -1.5M 1.5M
Capital Expenditure -5.6M -4.4M -7.0M -2.6M -3.3M
Purchase Of PPE -- -- -- -- --
Net PPE Purchase And Sale 198,000 171,000 317,000 -59,000 4.2M
Purchase Of Business 0.00 0.00 -43.5M -- -3.4M
Sale Of Business -- -- -- 0.00 0.00
Purchase Of Investment -75,000 -2.0M -1.7M -- -2.0M
Sale Of Investment -- -- -- -- --
Net Investment Purchase And Sale -75,000 -2.0M -1.7M -- -2.0M
Investing Cash Flow -5.3M -6.3M -52.0M -1.7M -4.7M
Cash Flow From Continuing Investing Activities -5.3M -6.3M -52.0M -1.7M -4.7M
Issuance Of Debt 3.2M 1,000 -- -- 816,000
Repayment Of Debt -399,000 184,000 -5.0M -26.9M -1.0M
Net Issuance Payments Of Debt 2.8M 185,000 -5.0M -26.9M -189,000
Repurchase Of Capital Stock -2.3M -2.5M -170,000 -226,000 -1.6M
Net Common Stock Issuance -2.3M -2.5M -170,000 -226,000 -1.6M
Common Stock Dividend Paid -2.1M -2.1M -2.1M -1.7M -1.7M
Common Stock Payments -2.3M -2.5M -170,000 -226,000 -1.6M
Financing Cash Flow -1.7M -4.5M 12.6M -30.4M -2.7M
Cash Flow From Continuing Financing Activities -1.7M -4.5M 12.6M -30.4M -2.7M
Effect Of Exchange Rate Changes 907,000 -2.1M 59,000 3.1M -620,000
Changes In Cash -2.7M -9.9M 8.0M -22.5M -1.3M
Beginning Cash Position 51.6M 63.7M 55.6M 75.0M 76.9M
End Cash Position 49.8M 51.6M 63.7M 55.6M 75.0M
Free Cash Flow -1.3M -3.6M 40.4M 7.0M 2.8M
Amortization Cash Flow 181,000 184,000 169,000 198,000 204,000
Amortization Of Intangibles 181,000 184,000 169,000 198,000 204,000
Capital Expenditure Reported -5.6M -4.4M -7.0M -2.3M -3.3M
Cash Dividends Paid -2.1M -2.1M -2.1M -1.7M -1.7M
Change In Prepaid Assets -25.3M -16.4M 48.8M -10.8M -22.2M
Depreciation 3.4M 3.4M 3.2M 3.3M 3.4M
Earnings Losses From Equity Investments 7,000 -- -- 53,000 0.00
Gain Loss On Investment Securities -1.9M -1.9M -- -2.5M -1.9M
Gain Loss On Sale Of Business -- -- -7,000 0.00 0.00
Gain Loss On Sale Of PPE -190,000 -103,000 79,000 -141,000 -7.8M
Interest Received Cfo 2.4M 2.3M 2.7M 3.4M 2.7M
Long Term Debt Issuance 3.2M 1,000 -- -- 816,000
Long Term Debt Payments -399,000 184,000 -- -- -1.0M
Net Business Purchase And Sale 0.00 0.00 -43.5M -3.6M -3.4M
Net Foreign Currency Exchange Gain Loss 75,000 -541,000 -108,000 503,000 -205,000
Net Income From Continuing Operations 16.9M 21.5M 1.1M -4.6M 42.7M
Net Long Term Debt Issuance 2.8M 185,000 -- -- -189,000
Net Other Financing Charges -129,000 -102,000 19.9M -1.6M 818,000
Net Other Investing Changes 152,000 -67,000 -20,000 3.7M -197,000
Net Short Term Debt Issuance -- -- -5.0M -8.4M -189,000
Operating Gains Losses -2.0M -2.5M -36,000 -2.1M -9.9M
Sale Of PPE 198,000 171,000 317,000 252,000 4.2M
Short Term Debt Issuance -- -- -- -- 816,000
Short Term Debt Payments -- -- -5.0M -8.4M -1.0M
Taxes Refund Paid -2.9M -5.0M -4.7M -1.3M -2.9M
Unrealized Gain Loss On Investment Securities 1.7M -12.3M 6.4M 14.1M -24.8M
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