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Westport Fuel Systems Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
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
Total Revenue 1.6M 12.5M 71.0M 75.1M 4.9M
Operating Revenue 1.6M 12.5M 71.0M 75.1M 4.9M
Cost Of Revenue 1.1M 11.7M 55.7M 60.8M 4.2M
Gross Profit 472,000 842,000 15.2M 14.3M 663,000
Selling General And Administration 4.4M 4.4M 9.2M 11.2M 3.8M
General And Administrative Expense 4.1M 4.1M 6.4M 8.0M 3.4M
Research And Development 2.3M 1.6M 4.1M 4.1M 628,000
Depreciation And Amortization In Income Statement 146,000 106,000 740,000 853,000 103,000
Operating Expense 6.9M 6.1M 13.9M 16.1M 4.5M
Operating Income -6.4M -5.2M 1.3M -1.8M -3.9M
EBIT -6.4M -4.7M -1.2M -7.6M -3.9M
Interest Expense -- 313,000 676,000 672,000 919,000
Interest Expense Non Operating -- 313,000 676,000 672,000 919,000
Interest Income 653,000 -- 869,000 400,000 215,000
Interest Income Non Operating 653,000 -- 869,000 400,000 215,000
Net Interest Income 653,000 -313,000 193,000 -272,000 215,000
Other Income Expense -4.6M 538,000 -3.3M -6.2M -1.9M
Special Income Charges -142,000 0.00 -- 1.2M -257,000
Gain On Sale Of Security -1.3M 4.2M 456,000 -5.4M 1.4M
Earnings From Equity Interest -3.2M -3.7M -3.8M -2.0M -3.0M
Pretax Income -10.4M -5.0M -1.9M -8.3M -5.5M
Tax Provision 14,000 44,000 579,000 1.9M 430,000
Tax Effect Of Unusual Items -213,600 633,600 68,400 -631,650 165,000
Net Income From Continuing And Discontinued Operation -13.7M -34.3M -2.5M -10.1M -3.9M
Net Income From Continuing Operation Net Minority Interest -10.4M -5.1M -2.5M -10.1M -6.0M
Net Income Including Noncontrolling Interests -13.7M -34.3M -2.5M -10.1M -3.9M
Net Income Common Stockholders -13.7M -34.3M -2.5M -10.1M -3.9M
Net Income -13.7M -34.3M -2.5M -10.1M -3.9M
EBITDA -6.3M -4.5M 734,000 -5.7M -3.6M
Normalized EBITDA -4.8M -8.7M 278,000 -1.5M -4.7M
Reconciled Depreciation 172,000 219,000 1.9M 1.9M 225,000
Basic EPS -0.79 -1.98 -0.14 -- -0.22
Diluted EPS -0.79 -1.98 -0.14 -- -0.23
Basic Average Shares 17.4M 17.3M 17.3M -- 17.3M
Diluted Average Shares 17.4M 17.3M 17.3M -- 17.3M
Total Unusual Items -1.4M 4.2M 456,000 -4.2M 1.1M
Total Unusual Items Excluding Goodwill -1.4M 4.2M 456,000 -4.2M 1.1M
Tax Rate For Calcs 0.15 0.15 0.15 0.15 0.15
Normalized Income -9.2M -8.6M -2.8M -6.6M -6.9M
Depreciation Amortization Depletion Income Statement 146,000 106,000 740,000 853,000 103,000
Diluted NI Availto Com Stockholders -13.7M -34.3M -2.5M -10.1M -3.9M
Gain On Sale Of Business 0.00 0.00 -- 1.9M 0.00
Net Income Continuous Operations -10.4M -5.1M -2.5M -10.1M -6.0M
Net Income Discontinuous Operations -3.3M -29.3M -- -- 2.1M
Net Non Operating Interest Income Expense 653,000 -313,000 193,000 -272,000 215,000
Other Gand A 4.1M 4.1M 6.4M 8.0M 3.4M
Other Special Charges 142,000 -- -- -- 257,000
Reconciled Cost Of Revenue 1.1M 11.5M 54.5M 59.8M 4.1M
Selling And Marketing Expense 305,000 290,000 2.8M 3.2M 367,000
Total Expenses 8.0M 17.7M 69.7M 76.9M 8.7M
Total Operating Income As Reported -7.7M -1.0M 1.7M -8.0M -2.1M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 33.1M 5.7M 32.5M 37.2M 32.8M
Cash Cash Equivalents And Short Term Investments 33.1M 5.7M 32.5M 37.2M 32.8M
Accounts Receivable 13.2M 2.9M 55.1M 52.1M 51.3M
Receivables 13.2M 16.6M 66.6M 73.1M 70.3M
Inventory 3.4M 2.9M 63.2M 53.5M 66.3M
Prepaid Assets 1.1M 800,000 6.6M 5.7M 7.2M
Current Assets 50.8M 228.0M 169.0M 169.9M 177.1M
Gross PPE 6.9M 22.2M 126.4M 121.0M 124.2M
Accumulated Depreciation -- -15.8M -61.9M -60.0M -61.2M
Net PPE 6.9M 6.4M 64.6M 61.0M 63.1M
Goodwill -- -- 3.0M 2.9M 3.1M
Goodwill And Other Intangible Assets -- -- 8.2M 8.2M 9.0M
Other Intangible Assets -- -- 5.2M 5.3M 6.0M
Investments And Advances 44.1M 37.1M 40.1M 40.0M 41.3M
Long Term Equity Investment -- -- 40.1M 39.7M 41.3M
Other Investments -- -- -- 290,000 --
Other Non Current Assets 2.3M 527,000 3.2M 2.6M 9.4M
Total Non Current Assets 53.3M 44.0M 126.2M 121.7M 134.5M
Total Assets 104.1M 272.1M 295.2M 291.6M 311.6M
Current Debt 3.9M 3.9M 13.2M 14.7M 15.3M
Current Debt And Capital Lease Obligation 4.5M 4.5M 16.0M 17.3M 17.9M
Accounts Payable -- 8.2M 65.4M 61.7M 59.3M
Payables -- 14.0M 71.9M 67.8M 65.4M
Payables And Accrued Expenses 15.6M 17.3M 88.5M 83.9M 84.6M
Current Accrued Expenses -- 3.3M 16.7M 16.1M 19.3M
Current Deferred Revenue -- 330,000 4.6M 4.2M 4.1M
Other Current Liabilities 1.2M 137.3M -- -- --
Current Liabilities 21.3M 159.5M 113.1M 109.3M 110.7M
Long Term Debt -- 977,000 17.9M 19.1M 23.5M
Long Term Debt And Capital Lease Obligation 1.2M 2.3M 34.5M 35.5M 41.3M
Long Term Capital Lease Obligation 1.2M 1.3M 16.6M 16.4M 17.8M
Other Non Current Liabilities 1.4M 1.4M 4.4M 4.3M 4.9M
Total Non Current Liabilities Net Minority Interest 2.6M 3.7M 44.5M 45.3M 51.6M
Total Liabilities Net Minority Interest 23.9M 163.2M 157.6M 154.6M 162.3M
Common Stock 1.2B 1.2B 1.2B 1.2B 1.2B
Capital Stock 1.2B 1.2B 1.2B 1.2B 1.2B
Additional Paid In Capital 11.5M 11.5M 11.5M 11.5M 11.5M
Retained Earnings -1.1B -1.1B -1.1B -1.1B -1.1B
Gains Losses Not Affecting Retained Earnings -40.1M -25.2M -30.7M -33.5M -31.2M
Other Equity Adjustments -40.1M -25.2M -30.7M -33.5M -31.2M
Common Stock Equity 80.2M 108.9M 137.6M 137.0M 149.3M
Stockholders Equity 80.2M 108.9M 137.6M 137.0M 149.3M
Total Equity Gross Minority Interest 80.2M 108.9M 137.6M 137.0M 149.3M
Total Capitalization 80.2M 109.9M 155.5M 156.1M 172.8M
Net Tangible Assets 80.2M 108.9M 129.4M 128.9M 140.3M
Tangible Book Value 80.2M 108.9M 129.4M 128.9M 140.3M
Working Capital 29.5M 68.6M 55.9M 60.6M 66.4M
Invested Capital 84.1M 113.8M 168.7M 170.8M 188.0M
Total Debt 5.7M 6.8M 50.5M 52.8M 59.2M
Net Debt -- -- -- -- 5.9M
Share Issued 17.4M 17.4M 17.3M 17.3M 17.3M
Ordinary Shares Number 17.4M 17.4M 17.3M 17.3M 17.3M
Assets Held For Sale Current 0.00 201.7M -- -- --
Capital Lease Obligations 1.8M 2.0M 19.3M 19.1M 20.4M
Current Capital Lease Obligation 627,000 633,000 2.8M 2.6M 2.7M
Current Deferred Liabilities -- 330,000 4.6M 4.2M 4.1M
Current Provisions -- -- 4.0M 3.9M 4.0M
Duefrom Related Parties Current -- 12.5M 8.0M 7.5M 8.1M
Dueto Related Parties Current -- 2.0M -- -- --
Finished Goods -- 515,000 19.3M 15.2M 15.9M
Land And Improvements -- 3.0M 9.4M 9.1M 9.4M
Leases -- 4.3M 11.2M 11.0M 11.8M
Liabilities Heldfor Sale Non Current 0.00 0.00 -- -- --
Line Of Credit -- 3.9M -- 0.00 0.00
Long Term Provisions -- -- 1.6M 1.5M 1.4M
Machinery Furniture Equipment -- 13.0M 86.6M 81.9M 82.6M
Non Current Deferred Assets -- -- 10.3M 9.7M 11.7M
Non Current Deferred Liabilities -- -- 4.1M 4.0M 4.1M
Non Current Deferred Taxes Assets -- -- 10.3M 9.7M 11.7M
Non Current Deferred Taxes Liabilities -- -- 4.1M 4.0M 4.1M
Non Current Prepaid Assets -- -- -- 307,000 --
Other Current Borrowings 3.9M -- 13.2M 14.7M 15.3M
Other Equity Interest 9.0M 9.0M 9.1M 9.5M 9.4M
Other Properties 6.9M 1.9M 19.2M 19.0M 20.4M
Other Receivables -- 1.7M 7.0M 17.1M 15.1M
Properties -- 0.00 0.00 0.00 0.00
Raw Materials -- 2.3M 42.8M 37.1M 48.9M
Receivables Adjustments Allowances -- -569,000 -4.0M -4.2M -4.6M
Restricted Cash -- 397,000 105,000 406,000 408,000
Taxes Receivable -- -- 620,000 613,000 318,000
Total Tax Payable -- 3.8M 6.5M 6.1M 6.0M
Work In Process -- -- 1.1M 1.2M 1.5M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow -4.5M -5.6M -4.9M 15.5M -11.7M
Cash Flow From Continuing Operating Activities -4.5M -5.6M -4.9M 15.5M -11.7M
Depreciation And Amortization 172,000 219,000 1.9M 1.9M 225,000
Depreciation Amortization Depletion 172,000 219,000 1.9M 1.9M 225,000
Stock Based Compensation 397,000 126,000 212,000 166,000 186,000
Deferred Tax 9,000 -6,000 -33,000 1.1M 8,000
Deferred Income Tax 9,000 -6,000 -33,000 1.1M 8,000
Change In Working Capital 864,000 -533,000 -8.1M 14.9M -8.2M
Changes In Account Receivables 2.3M -8.2M -2.1M 1.8M -293,000
Change In Receivables 2.3M -8.2M -2.1M 1.8M -293,000
Change In Inventory 1.4M 5.9M -7.5M 7.4M -5.3M
Change In Payables And Accrued Expense -2.7M 1.1M 2.8M 5.8M -5.4M
Change In Other Current Liabilities 71,000 92,000 -963,000 -571,000 162,000
Other Non Cash Items 22,000 23,000 22,000 -25,000 19,000
Capital Expenditure -514,000 -822,000 -3.1M -4.5M -183,000
Purchase Of PPE -514,000 -822,000 -3.1M -4.5M -183,000
Net PPE Purchase And Sale -514,000 -822,000 -3.1M -4.5M -183,000
Purchase Of Business -11.0M -4.2M -4.7M 0.00 0.00
Sale Of Business 26.0M -- -- -- 0.00
Sale Of Investment 0.00 0.00 -- 0.00 9.6M
Net Investment Purchase And Sale 0.00 0.00 -- 0.00 9.6M
Investing Cash Flow 14.5M -5.0M 2.7M -4.1M 9.4M
Cash Flow From Continuing Investing Activities 14.5M -5.0M 2.7M -4.1M 9.4M
Issuance Of Debt 5.8M 0.00 0.00 0.00 0.00
Repayment Of Debt -6.8M -1.0M -3.9M -3.5M -4.4M
Net Issuance Payments Of Debt -993,000 -1.0M -3.9M -3.5M -4.4M
Financing Cash Flow -993,000 -1.0M -3.9M -3.5M -4.4M
Cash Flow From Continuing Financing Activities -993,000 -1.0M -3.9M -3.5M -4.4M
Effect Of Exchange Rate Changes -2.1M 4.6M 1.1M -3.5M 1.2M
Changes In Cash 13.8M -15.8M -6.1M 7.9M -9.4M
Beginning Cash Position 21.4M 32.6M 37.6M 33.3M 41.5M
End Cash Position 33.1M 6.1M 32.6M 37.6M 33.3M
Free Cash Flow -5.0M -6.4M -8.0M 11.0M -11.9M
Income Tax Paid Supplemental Data -- 1.1M 356,000 612,000 947,000
Interest Paid Supplemental Data -- 536,000 646,000 424,000 585,000
Asset Impairment Charge 0.00 140,000 190,000 1.4M 438,000
Cash Flow From Discontinued Operation 4.8M -4.2M -- -- -2.7M
Change In Prepaid Assets -304,000 600,000 -415,000 512,000 2.5M
Dividends Received Cfi -- -- -- 0.00 0.00
Earnings Losses From Equity Investments 3.2M 3.7M 3.8M 2.0M 3.0M
Gain Loss On Investment Securities -- -- -- 0.00 352,000
Gain Loss On Sale Of Business 0.00 0.00 -- -1.9M 0.00
Long Term Debt Issuance 5.8M 0.00 0.00 0.00 0.00
Long Term Debt Payments -6.8M -1.0M -3.9M -3.5M -4.4M
Net Business Purchase And Sale 15.0M -4.2M -4.7M 0.00 0.00
Net Foreign Currency Exchange Gain Loss 1.3M -4.2M -456,000 5.4M -1.7M
Net Income From Continuing Operations -10.4M -5.1M -2.5M -10.1M -6.0M
Net Long Term Debt Issuance -993,000 -1.0M -3.9M -3.5M -4.4M
Net Other Investing Changes -- -- 10.5M 391,000 38,000
Net Short Term Debt Issuance -- -- -- -- --
Operating Gains Losses 4.5M -538,000 3.3M 6.1M 1.6M
Other Cash Adjustment Outside Changein Cash -- -15.3M -- -- --
Short Term Debt Issuance -- -- -- -- --
Short Term Debt Payments -- -- -- -- --
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