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Vitreous Glass Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Total Revenue 3.6M 4.0M 3.7M 3.9M 2.5M
Operating Revenue 3.6M 4.0M 3.7M 3.9M 2.5M
Cost Of Revenue 1.8M 2.1M 2.1M 2.2M 1.4M
Gross Profit 1.8M 1.9M 1.7M 1.7M 1.1M
Selling General And Administration 601,149 614,324 610,365 595,763 536,056
General And Administrative Expense 601,149 614,324 610,365 595,763 536,056
Depreciation And Amortization In Income Statement 2,225 2,288 2,239 2,398 2,079
Operating Expense 603,374 616,612 612,604 598,161 538,135
Operating Income 1.2M 1.3M 1.1M 1.1M 556,406
EBIT 1.2M 1.3M 1.1M 1.1M 556,406
Interest Income 16,928 17,995 17,193 38,318 7,198
Interest Income Non Operating 16,928 17,995 17,193 38,318 7,198
Net Interest Income 16,928 17,995 17,193 38,318 7,198
Other Income Expense -44,932 -31,938 -- 8,285 --
Other Non Operating Income Expenses -44,932 -- -- -- --
Special Income Charges -- 0.00 0.00 8,285 --
Pretax Income 1.2M 1.2M 1.1M 1.1M 563,604
Tax Provision 270,371 220,113 235,160 278,414 158,231
Tax Effect Of Unusual Items 0.00 0.00 0.00 2,007 0.00
Net Income From Continuing And Discontinued Operation 892,228 1.0M 842,282 870,772 405,373
Net Income From Continuing Operation Net Minority Interest 892,228 1.0M 842,282 870,772 405,373
Net Income Including Noncontrolling Interests 892,228 1.0M 842,282 870,772 405,373
Net Income Common Stockholders 892,228 1.0M 842,282 870,772 405,373
Net Income 892,228 1.0M 842,282 870,772 405,373
EBITDA 1.2M 1.3M 1.1M 1.1M 596,505
Normalized EBITDA 1.2M 1.3M 1.1M 1.1M 596,505
Reconciled Depreciation 35,872 36,436 36,068 40,551 40,099
Basic EPS 0.14 -- 0.13 0.14 0.06
Diluted EPS 0.14 -- 0.13 0.14 0.06
Basic Average Shares 6.3M -- 6.5M 6.2M 6.3M
Diluted Average Shares 6.3M -- 6.5M 6.2M 6.3M
Total Unusual Items -- 0.00 0.00 8,285 --
Total Unusual Items Excluding Goodwill -- 0.00 0.00 8,285 --
Tax Rate For Calcs 0.23 0.18 0.22 0.24 0.28
Normalized Income 892,228 1.0M 842,282 864,494 405,373
Depreciation Amortization Depletion Income Statement 2,225 2,288 2,239 2,398 2,079
Depreciation Income Statement 2,225 2,288 2,239 2,398 2,079
Diluted NI Availto Com Stockholders 892,228 1.0M 842,282 870,772 405,373
Gain On Sale Of Ppe -- 0.00 0.00 8,285 --
Net Income Continuous Operations 892,228 1.0M 842,282 870,772 405,373
Net Non Operating Interest Income Expense 16,928 17,995 17,193 38,318 7,198
Other Gand A 513,125 528,380 522,813 504,993 351,519
Other Special Charges -- -- -- -8,285 --
Reconciled Cost Of Revenue 1.8M 2.0M 2.0M 2.2M 1.3M
Salaries And Wages 88,024 85,944 87,552 90,770 184,537
Total Expenses 2.4M 2.7M 2.7M 2.8M 1.9M
Total Operating Income As Reported 1.2M 1.2M 1.1M 1.1M 563,604
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Cash And Cash Equivalents 2.6M 2.9M 2.5M 2.6M 2.6M
Cash Cash Equivalents And Short Term Investments 2.6M 2.9M 2.5M 2.6M 2.6M
Accounts Receivable 750,464 922,757 630,758 604,001 366,777
Receivables 750,464 922,757 630,758 604,001 366,777
Inventory 677,280 730,614 711,726 683,504 708,072
Prepaid Assets 12,489 46,132 84,289 95,365 108,804
Other Current Assets -2.00 -- -- -- --
Current Assets 4.0M 4.6M 3.9M 3.9M 3.8M
Gross PPE 2.3M 10.0M 1.9M 2.0M 2.0M
Accumulated Depreciation -- -7.9M -- -- --
Net PPE 2.3M 2.1M 1.9M 2.0M 2.0M
Total Non Current Assets 2.3M 2.1M 1.9M 2.0M 2.0M
Total Assets 6.4M 6.7M 5.8M 5.9M 5.8M
Current Debt And Capital Lease Obligation -- -- -- -- 21,642
Accounts Payable 858,499 841,041 944,225 1.1M 957,644
Payables 894,791 869,247 984,415 1.1M 1.0M
Payables And Accrued Expenses 894,791 1.3M 984,415 1.1M 1.0M
Current Accrued Expenses -- 416,753 -- -- --
Current Liabilities 894,791 1.3M 984,415 1.1M 1.0M
Long Term Debt And Capital Lease Obligation -- 0.00 0.00 0.00 32,491
Long Term Capital Lease Obligation -- 0.00 0.00 0.00 32,491
Other Non Current Liabilities -180.00 -- 1.00 -- --
Total Non Current Liabilities Net Minority Interest 413,805 379,725 442,808 435,969 462,999
Total Liabilities Net Minority Interest 1.3M 1.7M 1.4M 1.6M 1.5M
Common Stock 3.0M 2.9M 2.9M 2.9M 2.9M
Capital Stock 3.0M 2.9M 2.9M 2.9M 2.9M
Additional Paid In Capital 106,443 158,536 150,787 143,038 135,289
Retained Earnings 2.0M 1.9M 1.3M 1.2M 1.2M
Common Stock Equity 5.1M 5.0M 4.4M 4.3M 4.3M
Stockholders Equity 5.1M 5.0M 4.4M 4.3M 4.3M
Total Equity Gross Minority Interest 5.1M 5.0M 4.4M 4.3M 4.3M
Total Capitalization 5.1M 5.0M 4.4M 4.3M 4.3M
Net Tangible Assets 5.1M 5.0M 4.4M 4.3M 4.3M
Tangible Book Value 5.1M 5.0M 4.4M 4.3M 4.3M
Working Capital 3.2M 3.3M 2.9M 2.8M 2.7M
Invested Capital 5.1M 5.0M 4.4M 4.3M 4.3M
Total Debt -- 0.00 0.00 0.00 54,133
Share Issued 6.4M 6.3M 6.3M 6.3M 6.3M
Ordinary Shares Number 6.4M 6.3M 6.3M 6.3M 6.3M
Buildings And Improvements -- 958,733 -- -- --
Capital Lease Obligations -- 0.00 0.00 0.00 54,133
Current Capital Lease Obligation -- 0.00 0.00 0.00 21,642
Finished Goods 41,404 41,404 40,144 40,144 416,205
Income Tax Payable 36,292 28,206 -- 15,095 70,437
Land And Improvements -- 604,000 -- -- --
Leases -- 37,580 -- -- --
Machinery Furniture Equipment -- 8.1M -- -- --
Non Current Deferred Liabilities 413,985 379,725 442,807 435,969 430,508
Non Current Deferred Taxes Liabilities 149,576 164,828 234,217 258,410 258,410
Other Properties 2.3M 208,526 1.9M 2.0M 2.0M
Properties -- 0.00 -- -- --
Raw Materials 635,876 689,210 671,582 643,360 291,867
Total Tax Payable 36,292 28,206 40,190 15,095 70,437
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Operating Cash Flow 837,866 1.0M 688,211 833,003 913,114
Cash Flow From Continuing Operating Activities 837,866 1.0M 688,211 833,003 913,114
Depreciation And Amortization 35,872 36,436 36,068 40,551 40,099
Depreciation Amortization Depletion 35,872 36,436 36,068 40,551 40,099
Stock Based Compensation 12,023 10,186 11,846 12,075 107,261
Deferred Tax -15,252 -69,389 -24,193 -- 0.00
Deferred Income Tax -15,252 -69,389 -24,193 -- 0.00
Change In Working Capital -131,937 30,853 -204,725 -84,060 359,696
Changes In Account Receivables 172,293 -291,999 -26,757 -237,224 125,874
Change In Receivables 172,293 -291,999 -26,757 -237,224 125,874
Change In Inventory 53,336 -18,888 -28,222 24,567 -39,135
Change In Payables And Accrued Expense -391,209 301,585 -160,822 117,158 336,902
Change In Payable -391,209 301,585 -160,822 117,158 336,902
Other Non Cash Items 44,932 3,870 26,933 -6,335 685.00
Capital Expenditure -295,487 -183,999 -14,723 -14,961 -21,280
Purchase Of PPE -295,487 -183,999 -14,723 -14,961 -21,280
Net PPE Purchase And Sale -295,487 -183,999 -14,723 -14,961 -21,280
Investing Cash Flow -295,487 -183,999 -14,723 -14,961 -21,280
Cash Flow From Continuing Investing Activities -295,487 -183,999 -14,723 -14,961 -21,280
Repayment Of Debt 0.00 -2,000 0.00 -8,000 -6,000
Net Issuance Payments Of Debt 0.00 -2,000 0.00 -8,000 -6,000
Common Stock Dividend Paid -823,691 -443,526 -760,330 -823,691 -190,083
Financing Cash Flow -823,691 -445,526 -760,330 -831,691 -196,083
Cash Flow From Continuing Financing Activities -823,691 -445,526 -760,330 -831,691 -196,083
Changes In Cash -281,313 407,995 -86,842 -13,649 695,751
Beginning Cash Position 2.9M 2.5M 2.6M 2.6M 1.9M
End Cash Position 2.6M 2.9M 2.5M 2.6M 2.6M
Free Cash Flow 542,379 853,521 673,488 818,042 891,834
Income Tax Paid Supplemental Data 277,537 -- -- 324,084 119,204
Cash Dividends Paid -823,691 -443,526 -760,330 -823,691 -190,083
Change In Account Payable -399,295 313,569 -185,917 172,500 297,975
Change In Income Tax Payable 8,086 -11,984 25,095 -55,342 38,927
Change In Prepaid Assets 33,643 40,155 11,076 11,439 -63,945
Change In Tax Payable 8,086 -11,984 25,095 -55,342 38,927
Depreciation 35,872 36,436 36,068 40,551 40,099
Gain Loss On Sale Of PPE -- 0.00 0.00 0.00 --
Long Term Debt Payments 0.00 -2,000 0.00 -8,000 -6,000
Net Income From Continuing Operations 892,228 1.0M 842,282 870,772 405,373
Net Long Term Debt Issuance 0.00 -2,000 0.00 -8,000 -6,000
Operating Gains Losses -- 0.00 -- -- --
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