Urban Infrastructure Group Inc.
Financial Statements (IFRS) · Amounts in CAD
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 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 1.2M | 1.5M | 1.0M | 1.4M | 1.2M | -- |
| Operating Revenue | 1.2M | 1.5M | 1.0M | 1.4M | 1.2M | -- |
| Cost Of Revenue | 825,957 | 1.3M | 877,343 | 1.2M | 1.1M | -- |
| Gross Profit | 362,641 | 189,509 | 125,979 | 216,233 | 74,318 | -- |
| Selling General And Administration | 710,723 | 373,284 | 438,998 | 448,806 | 276,667 | -- |
| General And Administrative Expense | 706,631 | 368,640 | 438,531 | 432,770 | 283,696 | -- |
| Depreciation And Amortization In Income Statement | 22,768 | 23,006 | 22,707 | 22,707 | 28,486 | -- |
| Other Operating Expenses | 69,916 | 31,739 | 28,939 | 24,961 | -1.5M | -- |
| Operating Expense | 803,407 | 428,029 | 490,644 | 496,474 | -1.2M | -- |
| Operating Income | -440,766 | -238,520 | -364,665 | -280,241 | 1.2M | -- |
| EBIT | -452,982 | -242,150 | -358,556 | -280,327 | -734,954 | -- |
| Interest Expense | 27,698 | 22,176 | 9,189 | 9,321 | 5,743 | -- |
| Interest Expense Non Operating | 27,698 | 22,176 | 9,189 | 9,321 | 5,743 | -- |
| Net Interest Income | -27,698 | -22,176 | -9,189 | -9,321 | -5,743 | -- |
| Other Income Expense | -12,216 | -3,630 | 6,108 | -86.00 | -2.0M | -- |
| Other Non Operating Income Expenses | 12,310 | -3,630 | 6,108 | -86.00 | -2.0M | -- |
| Special Income Charges | -- | -- | -- | -- | -10,579 | 0.00 |
| Write Off | -- | -- | -- | -- | 10,579 | 0.00 |
| Pretax Income | -480,680 | -264,326 | -367,745 | -289,648 | -740,697 | -- |
| Tax Provision | 129,000 | 0.00 | 0.00 | 0.00 | -431,324 | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | -1,587 | -- |
| Net Income From Continuing And Discontinued Operation | -609,680 | -264,326 | -367,745 | -289,648 | -309,373 | -- |
| Net Income From Continuing Operation Net Minority Interest | -609,680 | -264,326 | -367,745 | -289,648 | -309,373 | -- |
| Net Income Including Noncontrolling Interests | -609,680 | -264,326 | -367,745 | -289,648 | -309,373 | -- |
| Net Income Common Stockholders | -609,680 | -264,326 | -367,745 | -289,648 | -309,373 | -- |
| Net Income | -609,680 | -264,326 | -367,745 | -289,648 | -309,373 | -- |
| EBITDA | -430,214 | -219,144 | -335,849 | -257,620 | -706,468 | -- |
| Normalized EBITDA | -430,214 | -219,144 | -335,849 | -257,620 | -695,889 | -- |
| Reconciled Depreciation | 22,768 | 23,006 | 22,707 | 22,707 | 28,486 | -- |
| Basic EPS | -- | 0.00 | 0.00 | 0.00 | -- | -0.01 |
| Diluted EPS | -- | 0.00 | 0.00 | 0.00 | -- | -0.01 |
| Basic Average Shares | -- | 104.5M | 104.5M | 104.5M | -- | 104.5M |
| Diluted Average Shares | -- | 104.5M | 104.5M | 104.5M | -- | 104.5M |
| Total Unusual Items | -- | -- | -- | -- | -10,579 | 0.00 |
| Total Unusual Items Excluding Goodwill | -- | -- | -- | -- | -10,579 | 0.00 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.00 | 0.15 | -- |
| Normalized Income | -609,680 | -264,326 | -367,745 | -289,648 | -300,381 | -- |
| Depletion Income Statement | -- | -- | -- | -- | 28,486 | 28,486 |
| Depreciation Amortization Depletion Income Statement | 22,768 | 23,006 | 22,707 | 22,707 | 28,486 | -- |
| Depreciation Income Statement | 22,768 | 23,006 | 22,707 | 22,707 | 28,486 | -- |
| Diluted NI Availto Com Stockholders | -609,680 | -264,326 | -367,745 | -289,648 | -309,373 | -- |
| Insurance And Claims | 31,891 | 31,889 | 34,711 | 34,372 | 35,114 | -- |
| Net Income Continuous Operations | -609,680 | -264,326 | -367,745 | -289,648 | -309,373 | -- |
| Net Non Operating Interest Income Expense | -27,698 | -22,176 | -9,189 | -9,321 | -5,743 | -- |
| Other Gand A | 410,008 | 131,282 | 113,471 | 82,800 | 28,790 | -- |
| Reconciled Cost Of Revenue | 825,957 | 1.3M | 877,343 | 1.2M | 1.1M | -- |
| Rent And Landing Fees | -- | 40,707 | 35,398 | 15,020 | -- | -- |
| Rent Expense Supplemental | -89,721 | 40,707 | 35,398 | 15,443 | 518.00 | -- |
| Salaries And Wages | 355,857 | 164,762 | 254,951 | 300,578 | 219,792 | -- |
| Selling And Marketing Expense | 4,092 | 4,644 | 467.00 | 16,036 | -7,029 | -- |
| Total Expenses | 1.6M | 1.7M | 1.4M | 1.7M | -13,584 | -- |
| Total Operating Income As Reported | -465,292 | -238,520 | -364,664 | -280,241 | 1.2M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 669,186 | 425,289 | 593,114 | 291,827 | 671,980 | -- |
| Cash Cash Equivalents And Short Term Investments | 669,186 | 425,289 | 593,114 | 291,827 | 671,980 | -- |
| Cash Financial | 669,186 | 425,289 | 593,114 | 291,827 | 671,980 | -- |
| Accounts Receivable | 1.6M | 1.7M | 1.6M | 1.8M | 1.6M | -- |
| Receivables | 1.7M | 1.7M | 1.6M | 1.9M | 1.7M | -- |
| Prepaid Assets | -- | 81,361 | 81,361 | 81,440 | -- | -- |
| Other Current Assets | 5,000 | 15,000 | 54,474 | 15,000 | 5,000 | -- |
| Current Assets | 2.4M | 2.2M | 2.3M | 2.3M | 2.4M | -- |
| Gross PPE | 592,336 | 599,558 | 606,778 | 613,999 | 617,234 | -- |
| Accumulated Depreciation | -368,514 | -352,968 | -337,183 | -303,271 | -306,209 | -- |
| Net PPE | 223,822 | 246,590 | 269,595 | 310,728 | 311,025 | -- |
| Other Non Current Assets | -- | -- | -- | -18,425 | -- | -- |
| Total Non Current Assets | 321,822 | 473,590 | 496,595 | 519,303 | 538,025 | -- |
| Total Assets | 2.7M | 2.7M | 2.8M | 2.8M | 2.9M | -- |
| Current Debt | 643,207 | 101,438 | 95,248 | 98,119 | 97,636 | -- |
| Current Debt And Capital Lease Obligation | 662,727 | 120,549 | 113,959 | 116,439 | 115,572 | -- |
| Accounts Payable | 730,748 | 681,562 | 634,864 | 735,870 | 380,156 | -- |
| Payables | 866,829 | 934,687 | 828,158 | 806,970 | 687,544 | -- |
| Payables And Accrued Expenses | 1.1M | 982,087 | 919,518 | 898,518 | 778,904 | -- |
| Current Accrued Expenses | 198,310 | 47,400 | 91,360 | 91,548 | 91,360 | -- |
| Other Current Liabilities | 5,355 | 2.00 | -- | 1.00 | -- | -- |
| Current Liabilities | 1.7M | 1.3M | 1.2M | 1.0M | 894,476 | -- |
| Long Term Debt | 208,310 | 235,232 | 265,721 | 148,701 | 173,634 | -- |
| Long Term Debt And Capital Lease Obligation | 216,390 | 248,348 | 283,768 | 171,574 | 201,234 | -- |
| Long Term Capital Lease Obligation | 8,080 | 13,116 | 18,047 | 22,873 | 27,600 | -- |
| Total Non Current Liabilities Net Minority Interest | 216,390 | 248,348 | 283,768 | 171,574 | 201,234 | -- |
| Total Liabilities Net Minority Interest | 1.9M | 1.5M | 1.5M | 1.2M | 1.1M | -- |
| Common Stock | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | -- |
| Capital Stock | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | -- |
| Additional Paid In Capital | -- | -- | -- | -- | -- | 140,393 |
| Retained Earnings | -2.9M | -2.3M | -2.1M | -1.7M | -1.4M | -- |
| Common Stock Equity | 744,133 | 1.2M | 1.4M | 1.6M | 1.8M | -- |
| Stockholders Equity | 744,133 | 1.2M | 1.4M | 1.6M | 1.8M | -- |
| Total Equity Gross Minority Interest | 744,133 | 1.2M | 1.4M | 1.6M | 1.8M | -- |
| Total Capitalization | 952,443 | 1.4M | 1.6M | 1.8M | 2.0M | -- |
| Net Tangible Assets | 744,133 | 1.2M | 1.4M | 1.6M | 1.8M | -- |
| Tangible Book Value | 744,133 | 1.2M | 1.4M | 1.6M | 1.8M | -- |
| Working Capital | 638,701 | 944,980 | 1.2M | 1.3M | 1.5M | -- |
| Invested Capital | 1.6M | 1.5M | 1.7M | 1.9M | 2.1M | -- |
| Total Debt | 879,117 | 368,897 | 397,727 | 288,013 | 316,806 | -- |
| Net Debt | 182,331 | -- | -- | -- | -- | -- |
| Share Issued | 104.9M | 104.5M | 104.5M | 104.5M | 104.5M | -- |
| Ordinary Shares Number | 104.9M | 104.5M | 104.5M | 104.5M | 104.5M | -- |
| Allowance For Doubtful Accounts Receivable | -12,299 | 0.00 | 0.00 | 0.00 | -8,779 | -- |
| Capital Lease Obligations | 27,600 | 32,227 | 36,758 | 41,193 | 45,536 | -- |
| Current Capital Lease Obligation | 19,520 | 19,111 | 18,711 | 18,320 | 17,936 | -- |
| Current Deferred Liabilities | -- | 158,371 | 149,904 | -- | -- | -- |
| Duefrom Related Parties Current | -- | -- | 81,361 | 81,440 | -- | -- |
| Gross Accounts Receivable | 1.6M | 1.7M | 1.6M | 1.8M | 1.6M | -- |
| Machinery Furniture Equipment | 418,850 | 466,989 | 418,850 | 481,430 | 418,850 | -- |
| Non Current Deferred Assets | 98,000 | 227,000 | 227,000 | 227,000 | 227,000 | -- |
| Non Current Deferred Liabilities | -- | -- | -- | -- | 0.00 | 199,000 |
| Non Current Deferred Taxes Assets | 98,000 | 227,000 | 227,000 | 227,000 | 227,000 | -- |
| Non Current Deferred Taxes Liabilities | -- | -- | -- | -- | 0.00 | 199,000 |
| Other Current Borrowings | 643,207 | 101,438 | 95,248 | 98,119 | 97,636 | -- |
| Other Equity Interest | 730,937 | 609,953 | 553,451 | 447,823 | 342,196 | -- |
| Other Payable | 94,433 | 71,796 | 88,255 | 52,532 | 105,119 | -- |
| Other Properties | 173,486 | 132,569 | 187,928 | 132,569 | 198,384 | -- |
| Other Receivables | 96,527 | -- | -- | 124,034 | 69,461 | 163,369 |
| Total Tax Payable | 41,648 | 181,329 | 105,039 | 18,568 | 202,269 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -207,159 | -147,462 | 46,014 | -270,358 | 269,283 | -- |
| Cash Flow From Continuing Operating Activities | -207,159 | -147,462 | 46,014 | -270,358 | 269,283 | -- |
| Depreciation And Amortization | 22,768 | 23,006 | 22,707 | 22,707 | 28,486 | -- |
| Depreciation Amortization Depletion | 22,768 | 23,006 | 22,707 | 22,707 | 28,486 | -- |
| Stock Based Compensation | 142,591 | 56,502 | 105,628 | 105,627 | 90,759 | -- |
| Change In Working Capital | 60,481 | 37,357 | 285,424 | -109,044 | 635,086 | -- |
| Changes In Account Receivables | 81,183 | -82,291 | 250,132 | -279,012 | 453,000 | -- |
| Change In Receivables | -37,923 | -64,687 | 299,474 | -214,236 | 475,696 | -- |
| Change In Payables And Accrued Expense | 112,938 | 44,927 | 26,307 | 126,818 | 161,384 | -- |
| Change In Payable | 112,938 | 44,927 | 26,307 | 126,818 | 161,384 | -- |
| Change In Other Current Liabilities | -24,534 | 17,643 | -883.00 | -11,626 | -1,994 | -- |
| Other Non Cash Items | -- | -- | -- | -- | 230,322 | 0.00 |
| Capital Expenditure | -- | -- | -- | -3,986 | -- | -- |
| Purchase Of PPE | 1.00 | 0.00 | 0.00 | -3,986 | 16,179 | -- |
| Net PPE Purchase And Sale | 1.00 | 0.00 | 0.00 | -3,986 | 16,179 | -- |
| Investing Cash Flow | 81,362 | 0.00 | 79.00 | -85,426 | -97,950 | -- |
| Cash Flow From Continuing Investing Activities | 81,362 | 0.00 | 79.00 | -85,426 | -97,950 | -- |
| Issuance Of Debt | 418,816 | 0.00 | 138,276 | 0.00 | -- | -- |
| Repayment Of Debt | 68,249 | -28,830 | -32,986 | -24,369 | -51,761 | -- |
| Net Issuance Payments Of Debt | 487,065 | -28,830 | 105,290 | -24,369 | -51,761 | -- |
| Issuance Of Capital Stock | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 |
| Net Common Stock Issuance | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 |
| Common Stock Dividend Paid | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 |
| Financing Cash Flow | 369,694 | -20,363 | 255,194 | -24,369 | -51,761 | -- |
| Cash Flow From Continuing Financing Activities | 369,694 | -20,363 | 255,194 | -24,369 | -51,761 | -- |
| Changes In Cash | 243,897 | -167,825 | 301,287 | -380,153 | 119,571 | -- |
| Beginning Cash Position | 425,289 | 593,114 | 291,827 | 671,980 | 552,409 | -- |
| End Cash Position | 669,186 | 425,289 | 593,114 | 291,827 | 671,980 | -- |
| Free Cash Flow | -207,158 | -147,462 | 46,014 | -274,344 | 285,462 | -- |
| Asset Impairment Charge | -- | -- | -- | 0.00 | 10,579 | -- |
| Cash Dividends Paid | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 |
| Change In Account Payable | 127,053 | 42,104 | 26,307 | 296,578 | 212,693 | -- |
| Change In Income Tax Payable | -14,115 | 2,823 | 0.00 | -169,760 | -51,309 | -- |
| Change In Prepaid Assets | -- | 39,474 | -39,474 | -10,000 | 0.00 | 0.00 |
| Change In Tax Payable | -14,115 | 2,823 | 0.00 | -169,760 | -51,309 | -- |
| Common Stock Issuance | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 |
| Depreciation | -- | -- | -- | 22,707 | -- | -- |
| Long Term Debt Issuance | -97,636 | 0.00 | 138,276 | 0.00 | -- | -- |
| Long Term Debt Payments | 68,249 | -28,830 | -32,986 | -24,369 | -51,761 | -- |
| Net Income From Continuing Operations | -609,680 | -264,327 | -367,745 | -289,648 | -309,373 | -- |
| Net Long Term Debt Issuance | -29,387 | -28,830 | 105,290 | -24,369 | -51,761 | -- |
| Net Other Financing Charges | -- | 8,467 | -- | -- | -- | -- |
| Net Other Investing Changes | -- | 0.00 | 79.00 | -81,440 | -- | 29,079 |
| Net Short Term Debt Issuance | -- | -- | -- | -- | -- | 0.00 |
| Operating Gains Losses | -- | -- | -- | -- | 9,424 | -10,000 |