Uniserve Communications Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Nov 30, 2025 | Q1 2025Feb 28, 2025 | Q4 2024Nov 30, 2024 | Q3 2024Aug 31, 2024 | Q2 2024May 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 2.1M | 1.7M | 1.9M | 1.7M | 1.7M |
| Operating Revenue | 2.1M | 1.7M | 1.9M | 1.7M | 1.7M |
| Cost Of Revenue | 1.2M | 1.0M | 1.1M | 985,964 | 960,900 |
| Gross Profit | 896,910 | 702,434 | 765,328 | 665,351 | 786,742 |
| Selling General And Administration | 78,489 | 71,227 | 175,410 | 128,175 | 165,072 |
| Depreciation And Amortization In Income Statement | 92,364 | 64,865 | 22,582 | 21,387 | 29,443 |
| Other Operating Expenses | 821,723 | 1.2M | 864,742 | 624,394 | 579,670 |
| Operating Expense | 992,576 | 1.3M | 1.1M | 773,956 | 774,185 |
| Operating Income | -95,666 | -642,222 | -297,406 | -108,605 | 12,557 |
| EBIT | 196,668 | -599,762 | -265,484 | -96,560 | 14,873 |
| Interest Expense | 43,446 | 22,984 | 13,055 | 14,950 | -20,360 |
| Interest Expense Non Operating | 43,446 | 22,984 | 13,055 | 14,950 | -20,360 |
| Interest Income | 6,693 | 44,739 | 34,244 | 13,684 | -19,381 |
| Interest Income Non Operating | 6,693 | 44,739 | 34,244 | 13,684 | -19,381 |
| Net Interest Income | -36,753 | 21,755 | 21,189 | -1,266 | 979.00 |
| Other Income Expense | 285,641 | -2,279 | -2,322 | -1,639 | 21,697 |
| Other Non Operating Income Expenses | 287,784 | -- | -- | -- | -- |
| Gain On Sale Of Security | -2,143 | -2,279 | -2,322 | -1,639 | 534.00 |
| Pretax Income | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Tax Effect Of Unusual Items | -321.45 | 0.00 | 0.00 | 0.00 | 3,255 |
| Net Income From Continuing And Discontinued Operation | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Net Income From Continuing Operation Net Minority Interest | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Net Income Including Noncontrolling Interests | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Net Income Common Stockholders | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Net Income | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| EBITDA | 289,032 | -534,897 | -242,902 | -75,173 | 44,316 |
| Normalized EBITDA | 291,175 | -532,618 | -240,580 | -73,534 | 22,619 |
| Reconciled Depreciation | 92,364 | 64,865 | 22,582 | 21,387 | 29,443 |
| Basic EPS | 0.00 | -0.02 | -0.01 | 0.00 | -- |
| Diluted EPS | 0.00 | -0.02 | -0.01 | 0.00 | -- |
| Basic Average Shares | 34.8M | 26.8M | 26.8M | 26.8M | -- |
| Diluted Average Shares | 37.2M | 26.8M | 26.8M | 26.8M | -- |
| Total Unusual Items | -2,143 | -2,279 | -2,322 | -1,639 | 21,697 |
| Total Unusual Items Excluding Goodwill | -2,143 | -2,279 | -2,322 | -1,639 | 21,697 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.00 | 0.00 | 0.15 |
| Normalized Income | 155,044 | -620,467 | -276,217 | -109,871 | 16,791 |
| Amortization | 59,293 | 41,479 | 0.00 | 0.00 | 5,518 |
| Amortization Of Intangibles Income Statement | 59,293 | 41,479 | 0.00 | 0.00 | 5,518 |
| Depreciation Amortization Depletion Income Statement | 92,364 | 64,865 | 22,582 | 21,387 | 29,443 |
| Depreciation Income Statement | 33,071 | 23,386 | 22,582 | 21,387 | 23,925 |
| Diluted NI Availto Com Stockholders | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Net Income Continuous Operations | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Net Non Operating Interest Income Expense | -36,753 | 21,755 | 21,189 | -1,266 | 979.00 |
| Reconciled Cost Of Revenue | 1.2M | 1.0M | 1.1M | 985,964 | 960,900 |
| Salaries And Wages | 0.00 | -- | 0.00 | -- | -- |
| Selling And Marketing Expense | 78,489 | 71,227 | 175,410 | 128,175 | 165,072 |
| Total Expenses | 2.2M | 2.4M | 2.2M | 1.8M | 1.7M |
| Line Item | Q4 2025Nov 30, 2025 | Q1 2025Feb 28, 2025 | Q4 2024Nov 30, 2024 | Q3 2024Aug 31, 2024 | Q2 2024May 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.2M | 391,760 | 839,372 | 1.0M | 311,470 |
| Cash Cash Equivalents And Short Term Investments | 1.2M | 391,760 | 839,372 | 1.0M | 1.1M |
| Cash Equivalents | 826,398 | 250,000 | 625,000 | 800,000 | -- |
| Cash Financial | 361,646 | 141,760 | 214,372 | 249,132 | -- |
| Other Short Term Investments | -- | -- | -- | -- | 800,000 |
| Accounts Receivable | 726,125 | 467,560 | 1.0M | 974,207 | 1.6M |
| Receivables | 731,323 | 470,050 | 1.0M | 979,074 | 1.6M |
| Inventory | 65,730 | 38,249 | 69,055 | 118,680 | 71,832 |
| Prepaid Assets | 231,582 | 196,191 | 230,843 | 252,310 | 148,472 |
| Other Current Assets | 1.00 | -- | -- | -- | -- |
| Current Assets | 2.2M | 1.1M | 2.2M | 2.4M | 2.9M |
| Gross PPE | 10.1M | 9.5M | 9.5M | 9.4M | 9.4M |
| Accumulated Depreciation | -9.4M | -9.3M | -9.2M | -9.2M | -9.2M |
| Net PPE | 756,755 | 241,560 | 229,497 | 231,314 | 237,708 |
| Goodwill | 201,963 | 188,281 | -- | -- | -- |
| Goodwill And Other Intangible Assets | 2.7M | 2.6M | 0.00 | -- | 0.00 |
| Other Intangible Assets | 2.5M | 2.4M | -- | -- | -- |
| Total Non Current Assets | 3.6M | 2.9M | 295,323 | 303,068 | 313,999 |
| Total Assets | 5.8M | 4.1M | 2.5M | 2.7M | 3.3M |
| Current Debt | 1.3M | 1.6M | 500,000 | 500,000 | 500,000 |
| Current Debt And Capital Lease Obligation | 1.3M | 1.6M | 501,933 | 501,896 | 501,860 |
| Accounts Payable | 979,883 | 1.0M | 1.1M | 975,690 | 1.5M |
| Payables | 1.0M | 1.1M | 1.1M | 1.0M | 1.6M |
| Payables And Accrued Expenses | 1.4M | 1.4M | 1.5M | 1.4M | 1.9M |
| Current Accrued Expenses | 347,221 | 358,851 | 436,847 | 409,098 | 358,016 |
| Current Deferred Revenue | 280,694 | 136,586 | 131,950 | 239,379 | 131,833 |
| Other Current Liabilities | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 |
| Current Liabilities | 3.0M | 3.2M | 2.2M | 2.2M | 2.6M |
| Long Term Debt | 484,580 | 900,000 | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 489,467 | 906,465 | 6,972 | 7,468 | 7,955 |
| Long Term Capital Lease Obligation | 4,887 | 6,465 | 6,972 | 7,468 | 7,955 |
| Total Non Current Liabilities Net Minority Interest | 489,467 | 906,465 | 6,972 | 7,468 | 7,955 |
| Total Liabilities Net Minority Interest | 3.5M | 4.1M | 2.2M | 2.2M | 2.6M |
| Common Stock | 35.6M | 33.3M | 33.3M | 33.3M | 33.3M |
| Capital Stock | 35.6M | 33.3M | 33.3M | 33.3M | 33.3M |
| Retained Earnings | -38.8M | -37.8M | -37.2M | -36.9M | -36.8M |
| Gains Losses Not Affecting Retained Earnings | 5.6M | 4.5M | 4.1M | 4.1M | 4.1M |
| Other Equity Adjustments | 5.6M | 4.5M | 4.1M | 4.1M | 4.1M |
| Common Stock Equity | 2.4M | -22,403 | 266,080 | 544,619 | 656,129 |
| Stockholders Equity | 2.4M | -22,403 | 266,080 | 544,619 | 656,129 |
| Total Equity Gross Minority Interest | 2.4M | -22,403 | 266,080 | 544,619 | 656,129 |
| Total Capitalization | 2.9M | 877,597 | 266,080 | 544,619 | 656,129 |
| Net Tangible Assets | -313,137 | -2.7M | 266,080 | 544,619 | 656,129 |
| Tangible Book Value | -313,137 | -2.7M | 266,080 | 544,619 | 656,129 |
| Working Capital | -736,315 | -2.1M | -22,271 | 249,019 | 350,085 |
| Invested Capital | 4.2M | 2.5M | 766,080 | 1.0M | 1.2M |
| Total Debt | 1.8M | 2.5M | 508,905 | 509,364 | 509,815 |
| Net Debt | 596,536 | 2.1M | -- | -- | 188,530 |
| Share Issued | 34.8M | 26.8M | 26.8M | 26.8M | 26.8M |
| Ordinary Shares Number | 34.8M | 26.8M | 26.8M | 26.8M | 26.8M |
| Allowance For Doubtful Accounts Receivable | -64,214 | -840,334 | -321,168 | -74,116 | -59,300 |
| Capital Lease Obligations | 6,972 | 8,435 | 8,905 | 9,364 | 9,815 |
| Current Capital Lease Obligation | 2,085 | 1,970 | 1,933 | 1,896 | 1,860 |
| Current Deferred Assets | 8,255 | 17,937 | 24,940 | 24,953 | 31,545 |
| Current Deferred Liabilities | 280,694 | 136,586 | 131,950 | 239,379 | 131,833 |
| Dividends Payable | 28,367 | 26,987 | 26,527 | 26,067 | 25,607 |
| Gross Accounts Receivable | 790,339 | 1.3M | 1.3M | 1.0M | 1.6M |
| Non Current Accounts Receivable | 73,967 | 51,793 | 52,135 | 52,713 | 53,641 |
| Non Current Deferred Assets | 7,313 | 12,626 | 13,691 | 19,041 | 22,650 |
| Non Current Prepaid Assets | 74,610 | -- | -- | -- | -- |
| Other Current Borrowings | 1.3M | 1.6M | 500,000 | 500,000 | 500,000 |
| Other Properties | 10.1M | 9.5M | 9.5M | 9.4M | 9.4M |
| Other Receivables | 5,198 | 2,490 | 3,569 | 4,867 | 8,229 |
| Line Item | Q4 2025Nov 30, 2025 | Q1 2025Feb 28, 2025 | Q4 2024Nov 30, 2024 | Q3 2024Aug 31, 2024 | Q2 2024May 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -156,392 | -68,943 | -188,536 | -46,894 | 70,316 |
| Cash Flow From Continuing Operating Activities | -156,392 | -68,943 | -188,536 | -46,894 | 70,316 |
| Depreciation And Amortization | 92,364 | 64,865 | 22,582 | 21,387 | 29,443 |
| Depreciation Amortization Depletion | 92,364 | 64,865 | 22,582 | 21,387 | 29,443 |
| Stock Based Compensation | 0.00 | -- | 0.00 | -- | -- |
| Change In Working Capital | -696,338 | 488,938 | 67,421 | 43,229 | 52,152 |
| Changes In Account Receivables | 55,932 | 540,353 | -32,786 | 592,402 | -- |
| Change In Receivables | 51,781 | 541,432 | -31,488 | 595,764 | -- |
| Change In Inventory | -36,189 | 30,806 | 49,625 | -46,848 | -- |
| Change In Payables And Accrued Expense | -748,669 | -130,656 | 129,883 | -519,596 | -- |
| Change In Payable | -667,279 | -52,660 | 102,134 | -570,678 | -- |
| Change In Other Working Capital | -140,180 | 12,704 | -102,066 | 117,747 | -- |
| Other Non Cash Items | 294,360 | -- | -- | -- | -25,349 |
| Capital Expenditure | -623,253 | -28,199 | -20,765 | -14,993 | -74,901 |
| Purchase Of PPE | -296,523 | -28,199 | -20,765 | -14,993 | -74,901 |
| Net PPE Purchase And Sale | -296,523 | -28,199 | -20,765 | -14,993 | -74,901 |
| Purchase Of Business | -- | -1.4M | -- | -- | -- |
| Investing Cash Flow | -697,863 | -1.4M | -20,765 | -14,993 | -74,901 |
| Cash Flow From Continuing Investing Activities | -697,863 | -1.4M | -20,765 | -14,993 | -74,901 |
| Issuance Of Debt | -- | 1.0M | -- | -- | -- |
| Repayment Of Debt | -497.00 | -470.00 | -459.00 | -451.00 | -444.00 |
| Net Issuance Payments Of Debt | -497.00 | 999,530 | -459.00 | -451.00 | -444.00 |
| Issuance Of Capital Stock | 105.00 | -- | 0.00 | -- | -- |
| Net Common Stock Issuance | 105.00 | -- | 0.00 | -- | -- |
| Financing Cash Flow | -392.00 | 999,530 | -459.00 | -451.00 | -444.00 |
| Cash Flow From Continuing Financing Activities | -392.00 | 999,530 | -459.00 | -451.00 | -444.00 |
| Changes In Cash | -854,647 | -447,612 | -209,760 | -62,338 | -5,029 |
| Beginning Cash Position | 2.0M | 839,372 | 1.0M | 1.1M | 1.1M |
| End Cash Position | 1.2M | 391,760 | 839,372 | 1.0M | 1.1M |
| Free Cash Flow | -779,645 | -97,142 | -209,301 | -61,887 | -4,585 |
| Amortization Cash Flow | 59,293 | 41,479 | 0.00 | 0.00 | 5,518 |
| Amortization Of Intangibles | 59,293 | 41,479 | 0.00 | 0.00 | 5,518 |
| Change In Account Payable | -667,739 | -53,120 | 101,674 | -571,138 | -- |
| Change In Accrued Expense | -81,390 | -77,996 | 27,749 | 51,082 | -- |
| Change In Dividend Payable | 460.00 | 460.00 | 460.00 | 460.00 | -- |
| Change In Prepaid Assets | 176,919 | 34,652 | 21,467 | -103,838 | -- |
| Common Stock Issuance | 105.00 | -- | 0.00 | -- | -- |
| Depreciation | 33,071 | 23,386 | 22,582 | 21,387 | 23,925 |
| Long Term Debt Issuance | -- | 1.0M | -- | -- | -- |
| Long Term Debt Payments | -497.00 | -470.00 | -459.00 | -451.00 | -444.00 |
| Net Business Purchase And Sale | -- | -1.4M | -- | -- | -- |
| Net Income From Continuing Operations | 153,222 | -622,746 | -278,539 | -111,510 | 35,233 |
| Net Intangibles Purchase And Sale | -326,730 | -- | 0.00 | -- | -- |
| Net Long Term Debt Issuance | -497.00 | 999,530 | -459.00 | -451.00 | -444.00 |
| Net Other Investing Changes | -74,610 | -- | -- | -- | -- |
| Net Short Term Debt Issuance | -- | -- | -- | -- | 0.00 |
| Purchase Of Intangibles | -326,730 | -- | 0.00 | -- | -- |
| Short Term Debt Payments | -- | -- | -- | -- | 0.00 |