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The Westaim Corporation

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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 39.2M 211.3M 25.7M 31.7M
Operating Revenue 39.2M 211.3M 25.7M 31.7M
Selling General And Administration 16.4M 2.4M 2.4M 1.9M
General And Administrative Expense 16.4M 2.4M 2.4M 1.9M
Other Operating Expenses -- -- -- -4.1M
Operating Expense 58.7M 25.0M 8.1M 3.3M
Interest Expense 0.00 1.0M 1.9M 2.0M
Interest Income 14.7M 3.8M 1.4M 1.4M
Net Interest Income 14.7M 2.7M -518,000 -584,000
Gain On Sale Of Security 0.00 98,000 57,000 884,000
Pretax Income -19.5M 186.3M 17.6M 28.4M
Tax Provision -3.3M 2.3M -357,000 221,000
Tax Effect Of Unusual Items 0.00 0.00 0.00 0.00
Net Income From Continuing And Discontinued Operation -16.2M 184.0M 18.0M 28.2M
Net Income From Continuing Operation Net Minority Interest -16.2M 184.0M 18.0M 28.2M
Net Income Including Noncontrolling Interests -16.2M 184.0M 18.0M 28.2M
Net Income Common Stockholders -16.2M 184.0M 18.0M 28.2M
Net Income -16.2M 184.0M 18.0M 28.2M
Reconciled Depreciation 124,000 137,000 141,000 145,000
Basic EPS -0.75 7.98 0.78 1.20
Diluted EPS -0.75 7.90 0.72 1.14
Basic Average Shares 21.5M 23.0M 23.7M 23.8M
Diluted Average Shares 21.5M 23.7M 24.1M 24.4M
Tax Rate For Calcs 0.17 0.01 0.21 0.01
Normalized Income -16.2M 184.0M 18.0M 28.2M
Average Dilution Earnings 0.00 3.5M -103,000 -47,000
Diluted NI Availto Com Stockholders -16.2M 187.5M 17.9M 28.2M
Net Income Continuous Operations -16.2M 184.0M 18.0M 28.2M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 301.9M 135.0M 3.4M 6.6M
Cash Financial 301.9M 135.0M 3.4M 6.6M
Receivables 15.2M 864,000 291,000 364,000
Net PPE 0.00 124,000 261,000 402,000
Investments And Advances 199.7M 414.3M 409.1M 394.3M
Long Term Equity Investment 22.7M 27.5M 27.0M 26.2M
Total Assets 523.2M 551.8M 413.3M 401.7M
Accounts Payable 5.4M 14.6M 3.3M 3.6M
Payables 14.0M 27.8M 12.9M 12.7M
Long Term Debt And Capital Lease Obligation 0.00 128,000 261,000 413,000
Total Liabilities Net Minority Interest 25.8M 33.5M 50.2M 54.0M
Common Stock 351.4M 353.8M 378.6M 381.1M
Capital Stock 351.4M 353.8M 378.6M 381.1M
Additional Paid In Capital 11.4M 13.7M 17.7M 17.7M
Retained Earnings 136.8M 153.0M -31.0M -49.0M
Common Stock Equity 497.4M 518.3M 363.1M 347.7M
Stockholders Equity 497.4M 518.3M 363.1M 347.7M
Total Equity Gross Minority Interest 497.4M 518.3M 363.1M 347.7M
Net Tangible Assets 497.4M 518.3M 363.1M 347.7M
Tangible Book Value 497.4M 518.3M 363.1M 347.7M
Total Debt 0.00 128,000 261,000 413,000
Share Issued 21.7M 22.0M 23.6M 23.8M
Ordinary Shares Number 21.7M 22.0M 23.6M 23.8M
Cash Cash Equivalents And Federal Funds Sold 301.9M 135.0M 3.4M 6.6M
Derivative Product Liabilities 5.3M 0.00 94,000 156,000
Financial Assets Designatedas Fair Value Through Profitor Loss Total 177.0M 386.7M 382.2M 368.1M
Investmentin Financial Assets 177.0M 386.7M 382.2M 368.1M
Other Payable 4.5M 12.2M 9.4M 9.0M
Preferred Securities Outside Stock Equity -- 0.00 36.9M 39.6M
Taxes Receivable 307,000 494,000 0.00 64,000
Total Tax Payable 4.1M 1.0M 245,000 153,000
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow -46.6M -3.1M -2.5M -5.1M
Depreciation And Amortization 124,000 137,000 141,000 145,000
Change In Working Capital -13.8M 10.8M -1.5M 1.7M
Change In Receivables -- -- -- -131,000
Change In Payable -5.4M 10.7M -1.1M 1.1M
Change In Other Current Assets -1.3M -571,000 64,000 737,000
Change In Other Current Liabilities -7.1M 734,000 -437,000 -131,000
Other Non Cash Items 20.1M 2.3M 91,000 -13.7M
Capital Expenditure -8,000 -- -- -10,000
Purchase Of PPE -8,000 0.00 0.00 -10,000
Net PPE Purchase And Sale -8,000 0.00 0.00 -10,000
Sale Of Business 0.00 449,000 0.00 --
Purchase Of Investment -45.0M 0.00 -- 0.00
Sale Of Investment 256.3M 192.2M 0.00 0.00
Net Investment Purchase And Sale 211.3M 192.2M 0.00 0.00
Investing Cash Flow 223.1M 198.9M 1.9M 4.0M
Repurchase Of Capital Stock -9.7M -64.3M -2.6M -1.1M
Net Common Stock Issuance -9.7M -26.4M -2.6M -1.1M
Common Stock Payments -9.7M -26.4M -2.6M -1.1M
Financing Cash Flow -9.7M -64.2M -2.6M -1.1M
Changes In Cash 166.9M 131.6M -3.1M -2.2M
Beginning Cash Position 135.0M 3.4M 6.6M 8.7M
End Cash Position 301.9M 135.0M 3.4M 6.6M
Free Cash Flow -46.6M -3.1M -2.5M -5.1M
Depreciation 124,000 137,000 141,000 145,000
Dividends Received Cfi 23.9M 2.5M 1.9M --
Gain Loss On Investment Securities -25.4M -199.8M -16.0M -22.2M
Net Business Purchase And Sale 0.00 449,000 0.00 --
Net Foreign Currency Exchange Gain Loss -910,000 688,000 -3.1M 856,000
Net Income From Continuing Operations -16.2M 184.0M 18.0M 28.2M
Net Other Financing Charges 63,000 102,000 0.00 0.00
Net Other Investing Changes -12.1M 3.7M -- 4.0M
Net Preferred Stock Issuance 0.00 -37.9M 0.00 --
Preferred Stock Payments 0.00 -37.9M 0.00 --
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