Current Water Technologies Inc.
Financial Statements (IFRS) · Amounts in CAD
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 | 1.5M | 2.0M | 2.2M | 1.2M |
| Operating Revenue | 1.5M | 2.0M | 2.2M | 1.2M |
| Cost Of Revenue | 1.7M | 1.7M | 2.0M | 1.8M |
| Gross Profit | -136,914 | 316,247 | 131,181 | -630,864 |
| Selling General And Administration | 666,862 | 640,917 | 1.0M | 754,696 |
| General And Administrative Expense | 666,186 | 640,617 | 1.0M | 750,103 |
| Depreciation And Amortization In Income Statement | 230,158 | 209,560 | 164,266 | 158,482 |
| Operating Expense | 897,020 | 850,477 | 1.2M | 913,178 |
| Operating Income | -1.0M | -534,230 | -1.0M | -1.5M |
| EBIT | -965,135 | 486,435 | -1.0M | -1.6M |
| Interest Expense | 53,152 | 39,283 | 12,491 | 17,532 |
| Interest Expense Non Operating | 53,152 | 39,283 | 12,491 | 17,532 |
| Net Interest Income | -59,397 | -44,791 | -16,350 | -27,269 |
| Other Income Expense | 75,044 | 1.0M | -- | 2,617 |
| Other Non Operating Income Expenses | 75,044 | 1.0M | -- | -- |
| Special Income Charges | -- | 0.00 | 0.00 | 2,617 |
| Write Off | -- | 0.00 | 0.00 | -2,617 |
| Pretax Income | -1.0M | 447,152 | -1.1M | -1.6M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.0M | 447,152 | -1.1M | -1.6M |
| Net Income From Continuing Operation Net Minority Interest | -1.0M | 447,152 | -1.1M | -1.6M |
| Net Income Including Noncontrolling Interests | -1.0M | 447,152 | -1.1M | -1.6M |
| Net Income Common Stockholders | -1.0M | 447,152 | -1.1M | -1.6M |
| Net Income | -1.0M | 447,152 | -1.1M | -1.6M |
| EBITDA | -734,977 | 695,995 | -876,020 | -1.4M |
| Normalized EBITDA | -734,977 | 695,995 | -876,020 | -1.4M |
| Reconciled Depreciation | 230,158 | 209,560 | 164,266 | 158,482 |
| Basic EPS | -0.01 | 0.00 | -0.01 | -0.01 |
| Diluted EPS | -0.01 | 0.00 | -0.01 | -0.01 |
| Basic Average Shares | 222.2M | 212.3M | 212.3M | 205.7M |
| Diluted Average Shares | 222.2M | 212.3M | 212.3M | 205.7M |
| Total Unusual Items | -- | 0.00 | 0.00 | 2,617 |
| Total Unusual Items Excluding Goodwill | -- | 0.00 | 0.00 | 2,617 |
| Tax Rate For Calcs | 0.00 | 0.40 | 0.00 | 0.00 |
| Normalized Income | -1.0M | 447,152 | -1.1M | -1.6M |
| Depreciation Amortization Depletion Income Statement | 230,158 | 209,560 | 164,266 | 158,482 |
| Diluted NI Availto Com Stockholders | -1.0M | 447,152 | -1.1M | -1.6M |
| Insurance And Claims | 100,919 | 91,720 | 88,522 | 78,578 |
| Net Income Continuous Operations | -1.0M | 447,152 | -1.1M | -1.6M |
| Net Non Operating Interest Income Expense | -59,397 | -44,791 | -16,350 | -27,269 |
| Other Gand A | 313,156 | 243,680 | 293,062 | 324,679 |
| Reconciled Cost Of Revenue | 1.7M | 1.7M | 2.0M | 1.8M |
| Rent And Landing Fees | 112,133 | 113,406 | 124,094 | 121,012 |
| Rent Expense Supplemental | 112,133 | 113,406 | 124,094 | 121,012 |
| Salaries And Wages | 139,978 | 191,811 | 495,058 | 225,834 |
| Selling And Marketing Expense | 676.00 | 300.00 | 3,606 | 4,593 |
| Total Expenses | 2.6M | 2.6M | 3.2M | 2.7M |
| Total Other Finance Cost | 6,245 | 5,508 | 3,859 | 9,737 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 79,115 | 113,140 | 118,674 | 635,301 |
| Cash Cash Equivalents And Short Term Investments | 79,115 | 113,140 | 118,674 | 635,301 |
| Accounts Receivable | 263,764 | 583,147 | 37,063 | 84,198 |
| Receivables | 263,764 | 583,147 | 37,063 | 84,198 |
| Inventory | 307,050 | 324,624 | 458,774 | 384,038 |
| Prepaid Assets | 120,729 | 84,049 | 54,060 | 1,287 |
| Current Assets | 770,658 | 1.1M | 668,571 | 1.1M |
| Gross PPE | 1.9M | 2.5M | 1.5M | 1.4M |
| Accumulated Depreciation | -1.1M | -1.5M | -1.3M | -997,438 |
| Net PPE | 769,613 | 999,198 | 229,776 | 393,453 |
| Goodwill And Other Intangible Assets | 3,261 | 3,834 | 4,415 | 2,295 |
| Other Intangible Assets | 3,261 | 3,834 | 4,415 | 2,295 |
| Total Non Current Assets | 772,874 | 1.0M | 234,191 | 395,748 |
| Total Assets | 1.5M | 2.1M | 902,762 | 1.5M |
| Current Debt | -- | 120,000 | -- | 3,625 |
| Current Debt And Capital Lease Obligation | 201,426 | 305,349 | 113,055 | 136,582 |
| Payables And Accrued Expenses | 475,385 | 503,955 | 587,470 | 199,641 |
| Current Deferred Revenue | 463,832 | 469,831 | 547,202 | 714,580 |
| Current Liabilities | 1.1M | 1.3M | 1.2M | 1.1M |
| Long Term Debt | -- | -- | 120,000 | 120,000 |
| Long Term Debt And Capital Lease Obligation | 530,839 | 732,266 | 120,000 | 233,058 |
| Long Term Capital Lease Obligation | 530,839 | 732,266 | 0.00 | 113,058 |
| Total Non Current Liabilities Net Minority Interest | 530,839 | 732,266 | 120,000 | 233,058 |
| Total Liabilities Net Minority Interest | 1.7M | 2.0M | 1.4M | 1.3M |
| Common Stock | 21.3M | 20.8M | 20.8M | 20.8M |
| Capital Stock | 21.3M | 20.8M | 20.8M | 20.8M |
| Additional Paid In Capital | 8.5M | 7.8M | 7.7M | 7.3M |
| Retained Earnings | -30.6M | -29.5M | -30.0M | -28.9M |
| Common Stock Equity | -127,950 | 96,591 | -464,965 | 216,711 |
| Stockholders Equity | -127,950 | 96,591 | -464,965 | 216,711 |
| Total Equity Gross Minority Interest | -127,950 | 96,591 | -464,965 | 216,711 |
| Total Capitalization | -127,950 | 96,591 | -344,965 | 336,711 |
| Net Tangible Assets | -131,211 | 92,757 | -469,380 | 214,416 |
| Tangible Book Value | -131,211 | 92,757 | -469,380 | 214,416 |
| Working Capital | -369,985 | -174,175 | -579,156 | 54,021 |
| Invested Capital | -127,950 | 216,591 | -344,965 | 340,336 |
| Total Debt | 732,265 | 1.0M | 233,055 | 369,640 |
| Net Debt | -- | 6,860 | 1,326 | -- |
| Share Issued | 228.9M | 212.3M | 212.3M | 212.3M |
| Ordinary Shares Number | 228.9M | 212.3M | 212.3M | 212.3M |
| Allowance For Doubtful Accounts Receivable | -44,664 | -44,664 | -44,664 | -49,184 |
| Capital Lease Obligations | 732,265 | 917,615 | 113,055 | 246,015 |
| Current Capital Lease Obligation | 201,426 | 185,349 | 113,055 | 132,957 |
| Current Deferred Liabilities | 463,832 | 469,831 | 547,202 | 714,580 |
| Finished Goods | 0.00 | 15,569 | 0.00 | 12,000 |
| Gross Accounts Receivable | 308,428 | 627,811 | 81,727 | 133,382 |
| Leases | 313,298 | 313,298 | 313,298 | 313,298 |
| Line Of Credit | 0.00 | 120,000 | -- | -- |
| Machinery Furniture Equipment | 301,656 | 301,656 | 301,656 | 260,454 |
| Other Current Borrowings | -- | 120,000 | -- | 3,625 |
| Other Equity Interest | 584,628 | 985,520 | 985,520 | 985,520 |
| Other Properties | 1.3M | 1.9M | 869,197 | 817,139 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 307,050 | 309,055 | 458,774 | 372,038 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -508,655 | 168,307 | -377,333 | -1.0M |
| Cash Flow From Continuing Operating Activities | -508,655 | 168,307 | -377,333 | -1.0M |
| Depreciation And Amortization | 230,158 | 209,560 | 164,266 | 158,482 |
| Depreciation Amortization Depletion | 230,158 | 209,560 | 164,266 | 158,482 |
| Stock Based Compensation | 13,746 | 114,404 | 371,101 | 113,586 |
| Change In Working Capital | 265,728 | -602,809 | 140,077 | 290,488 |
| Changes In Account Receivables | 319,383 | -546,084 | 47,135 | 70,591 |
| Change In Receivables | 319,383 | -546,084 | 47,135 | 70,591 |
| Change In Inventory | 17,574 | 134,150 | -74,736 | 201,220 |
| Change In Payables And Accrued Expense | -28,550 | -83,515 | 387,829 | -152,228 |
| Change In Other Working Capital | -5,999 | -77,371 | -167,378 | 170,018 |
| Capital Expenditure | -- | -4,000 | -2,709 | -99,264 |
| Purchase Of PPE | 0.00 | -4,000 | 0.00 | -99,264 |
| Net PPE Purchase And Sale | 0.00 | -4,000 | 0.00 | -93,264 |
| Investing Cash Flow | 0.00 | -4,000 | -2,709 | -93,264 |
| Cash Flow From Continuing Investing Activities | 0.00 | -4,000 | -2,709 | -93,264 |
| Issuance Of Debt | -- | -- | 0.00 | 0.00 |
| Repayment Of Debt | -305,370 | -169,841 | -136,585 | -133,854 |
| Net Issuance Payments Of Debt | -305,370 | -169,841 | -136,585 | -133,854 |
| Issuance Of Capital Stock | 780,000 | 0.00 | 0.00 | 1.7M |
| Net Common Stock Issuance | 780,000 | 0.00 | 0.00 | 1.7M |
| Financing Cash Flow | 474,630 | -169,841 | -136,585 | 1.6M |
| Cash Flow From Continuing Financing Activities | 474,630 | -169,841 | -136,585 | 1.6M |
| Changes In Cash | -34,025 | -5,534 | -516,627 | 502,768 |
| Beginning Cash Position | 113,140 | 118,674 | 635,301 | 132,533 |
| End Cash Position | 79,115 | 113,140 | 118,674 | 635,301 |
| Free Cash Flow | -508,655 | 164,307 | -380,042 | -1.1M |
| Interest Paid Supplemental Data | 59,397 | 44,791 | 16,349 | 27,269 |
| Amortization Cash Flow | 573.00 | 581.00 | 589.00 | 147.00 |
| Amortization Of Intangibles | 573.00 | 581.00 | 589.00 | 147.00 |
| Change In Prepaid Assets | -36,680 | -29,989 | -52,773 | 887.00 |
| Common Stock Issuance | 780,000 | 0.00 | 0.00 | 1.7M |
| Depreciation | 229,585 | 208,979 | 163,677 | 158,335 |
| Long Term Debt Issuance | -- | -- | 0.00 | 0.00 |
| Long Term Debt Payments | -185,370 | -169,841 | -136,585 | -133,854 |
| Net Income From Continuing Operations | -1.0M | 447,152 | -1.1M | -1.6M |
| Net Intangibles Purchase And Sale | -- | 0.00 | -2,709 | 0.00 |
| Net Long Term Debt Issuance | -185,370 | -169,841 | -136,585 | -133,854 |
| Net Short Term Debt Issuance | -120,000 | 0.00 | -- | -- |
| Purchase Of Intangibles | -- | 0.00 | -2,709 | 0.00 |
| Sale Of PPE | -- | -- | 0.00 | 6,000 |
| Short Term Debt Payments | -120,000 | 0.00 | -- | -- |