Cash flow Findev Inc. OTC Markets

Stocks

TNSGF

CA31773A1075

Corporate Financial Services

Delayed OTC Markets 04:07:19 29/07/26 am AEST			5-day change	1st Jan Change
0.0710 ^USD	-69.30%		-.--%	-74.64%

13/08	Findev Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
30/05	Findev Inc. Announces Dividend, Payable on July 9, 2026 and October 9, 2026	CI

70d0d36dc91ada6.bsvvpMwHBdmaiKJvT3ZnyO79R4C1LGOateKF-5kwh18.H6rCwa9uf-iu8dEOGR5Xsr-nPdaAe07u1of0lqhJ0A1fgd2RlnR9mO7m5w

Published financial data: FINDEV INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Revenues	-	-	-	-	-
Interest And Invest. Income (Rev)	2.66M	3.04M	3.42M	3.61M	2.15M
Total Revenues	2.66M	3.04M	3.42M	3.61M	2.15M
Cost of Goods Sold, Total	-	-	-	-	7.9M
Gross Profit	2.66M	3.04M	3.42M	3.61M	-5.75M
Selling General & Admin Expenses, Total	224K	247K	270K	228K	235K
Stock-Based Compensation (IS)	-	-	-	-	-
R&D Expenses	-	-	-	-	-
Other Operating Expenses, Total	224K	247K	270K	228K	235K
Operating Income	2.44M	2.8M	3.15M	3.38M	-5.98M
Interest Expense, Total	-1.2K	-1.42K	-1.4K	-855	-
Net Interest Expenses	-1.2K	-1.42K	-1.4K	-855	-
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-35.39K	-33.29K	-35.05K	-34.41K	-27.97K
EBT, Excl. Unusual Items	2.4M	2.76M	3.11M	3.35M	-6.01M
Gain (Loss) On Sale Of Investments	-14.56K	-521K	-141K	-	-
Other Unusual Items	-	-	-	-	0
EBT, Incl. Unusual Items	2.39M	2.24M	2.97M	3.35M	-6.01M
Income Tax Expense	-3.01M	735K	976K	752K	664K
Earnings From Continuing Operations	5.4M	1.51M	2M	2.6M	-6.67M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	5.4M	1.51M	2M	2.6M	-6.67M
Net Income - (IS)	5.4M	1.51M	2M	2.6M	-6.67M
Net Income to Common Incl Extra Items	5.4M	1.51M	2M	2.6M	-6.67M
Net Income to Common Excl. Extra Items	5.4M	1.51M	2M	2.6M	-6.67M
Per Share Items
Net EPS - Basic	0.19	0.05	0.07	0.09	-0.23
Basic EPS - Continuing Operations	0.19	0.05	0.07	0.09	-0.23
Basic Weighted Average Shares Outstanding	28.65M	28.65M	28.65M	28.65M	28.65M
Net EPS - Diluted	0.19	0.05	0.07	0.09	-0.23
Diluted EPS - Continuing Operations	0.19	0.05	0.07	0.09	-0.23
Diluted Weighted Average Shares Outstanding	28.65M	28.65M	28.65M	28.65M	28.65M
Normalized Basic EPS	0.05	0.06	0.07	0.07	-0.13
Normalized Diluted EPS	0.05	0.06	0.07	0.07	-0.13
Dividend Per Share	0.03	0.03	0.03	0.03	0.03
Payout Ratio	15.91	57.03	43.05	33.11	-12.88
Supplemental Items
EBITDA	-	-	-	-	-
EBITA	2.44M	2.8M	3.15M	3.38M	-5.98M
EBIT	2.44M	2.8M	3.15M	3.38M	-5.98M
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	-126.21	32.79	32.84	22.47	-11.04
Total Current Taxes	-	-	-	-	-197K
Total Deferred Taxes	-3.01M	735K	976K	752K	861K
Normalized Net Income	1.5M	1.73M	1.95M	2.09M	-3.76M
Interest Capitalized	1.61M	1.95M	2.38M	2.8M	1.08M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	200K	220K	243K	217K	235K
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	280K	286K	282K	302K	374K
Total Cash And Short Term Investments	280K	286K	282K	302K	374K
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	-	-	-	-	-
Notes Receivable	19.99M	21.39M	23.52M	26.02M	10.64M
Total Receivables	19.99M	21.39M	23.52M	26.02M	10.64M
Prepaid Expenses	4.09K	2.38K	1.27K	3.58K	2.42K
Deferred Tax Assets Current	-	-	-	861K	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	20.27M	21.67M	23.8M	27.19M	11.02M
Net Property Plant And Equipment	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	8.57M
Deferred Tax Assets Long-Term	3.01M	2.28M	1.3M	-	-
Total Assets	23.29M	23.95M	25.1M	27.19M	19.59M
Liabilities
Accounts Payable, Total	44.24K	45.74K	41.4K	60.77K	111K
Accrued Expenses, Total	24.6K	40.35K	59.6K	77.58K	152K
Current Income Taxes Payable	-	-	-	311K	116K
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	215K	215K	215K	215K	215K
Total Current Liabilities	284K	301K	316K	664K	594K
Total Liabilities	284K	301K	316K	664K	594K
Common Stock, Total	34.47M	34.47M	34.47M	34.47M	34.47M
Additional Paid In Capital	12.65M	12.65M	12.65M	12.65M	12.65M
Retained Earnings	-24.12M	-23.47M	-22.33M	-20.6M	-28.13M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	23M	23.65M	24.79M	26.53M	18.99M
Total Equity	23M	23.65M	24.79M	26.53M	18.99M
Total Liabilities And Equity	23.29M	23.95M	25.1M	27.19M	19.59M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	28.65M	28.65M	28.65M	28.65M	28.65M
ECS Total Common Shares Outstanding	28.65M	28.65M	28.65M	28.65M	28.65M
Book Value / Share	0.8	0.83	0.87	0.93	0.66
Tangible Book Value	23M	23.65M	24.79M	26.53M	18.99M
Tangible Book Value Per Share	0.8	0.83	0.87	0.93	0.66
Total Debt	0	0	0	0	0
Net Debt	-280K	-286K	-282K	-302K	-374K
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	5.4M	1.51M	2M	2.6M	-6.67M
Depreciation & Amortization - CF	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	-	-	-	-	-
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	14.56K	521K	141K	-	-
Net (Increase) Decrease in Loans Originated / Sold - Operating	-1.61M	-1.9M	-2.31M	-2.76M	-1.08M
Provision for Credit Losses	28.5K	-17.5K	35.5K	252K	7.9M
Stock-Based Compensation (CF)	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-3.01M	735K	976K	752K	666K
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	18.28K	17.24K	14.92K	37.34K	125K
Change in Unearned Revenues	-	-	-	-	-
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	15.85K	1.71K	1.11K	-2.31K	1.16K
Cash from Operations	852K	865K	856K	878K	932K
Capital Expenditure	-	-	-	-	-
Sale of Property, Plant, and Equipment	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-859K	-859K	-859K	-859K	-859K
Common & Preferred Stock Dividends Paid	-859K	-859K	-859K	-859K	-859K
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-859K	-859K	-859K	-859K	-859K
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	-7.64K	5.78K	-3.7K	19.06K	72.84K
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-12.23K	371K	-149K	397K	11.58M
Unlevered Free Cash Flow	-11.48K	372K	-148K	397K	11.58M
Change In Net Working Capital	1.54M	1.38M	2.12M	1.72M	-15.32M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	7.25	7.4	8.03	8.09	-15.99
Return on Total Capital	7.35	7.5	8.13	8.24	-16.43
Return On Equity %	26.05	6.46	8.24	10.12	-29.32
Return on Common Equity	26.05	6.46	8.24	10.12	-29.32
Margin Analysis
Gross Profit Margin %	100	100	100	100	-267.17
SG&A Margin	8.4	8.11	7.91	6.32	10.93
EBITDA Margin %	-	-	-	-	-
EBITA Margin %	91.6	91.89	92.09	93.68	-278.1
EBIT Margin %	91.6	91.89	92.09	93.68	-278.1
Income From Continuing Operations Margin %	202.87	49.5	58.36	71.87	-310.26
Net Income Margin %	202.87	49.5	58.36	71.87	-310.26
Net Avail. For Common Margin %	202.87	49.5	58.36	71.87	-310.26
Normalized Net Income Margin	56.39	56.72	56.89	57.94	-174.62
Levered Free Cash Flow Margin	-0.46	12.18	-4.35	10.98	538.17
Unlevered Free Cash Flow Margin	-0.43	12.2	-4.32	11	538.17
Asset Turnover
Asset Turnover	0.13	0.13	0.14	0.14	0.09
Fixed Assets Turnover	-	-	-	-	-
Receivables Turnover (Average Receivables)	-	-	-	-	-
Short Term Liquidity
Current Ratio	71.47	72.02	75.36	40.94	18.54
Quick Ratio	0.99	0.95	0.89	0.45	0.63
Operating Cash Flow to Current Liabilities	3	2.87	2.71	1.32	1.57
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Average Days Payable Outstanding	-	-	-	-	3.96
Long Term Solvency
Total Liabilities / Total Assets	1.22	1.26	1.26	2.44	3.03
EBIT / Interest Expense	2.04K	1.97K	2.26K	3.96K	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-
Net Debt / (EBITDA - Capex)	-	-	-	-	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.62	14.38	12.34	5.6	-44.34
Gross Profit, 1 Yr. Growth %	19.62	14.38	12.34	5.6	-259.11
EBITDA, 1 Yr. Growth %	-	-	-	-	-
EBITA, 1 Yr. Growth %	22.09	14.74	12.59	7.41	-276.88
EBIT, 1 Yr. Growth %	22.09	14.74	12.59	7.41	-276.88
Earnings From Cont. Operations, 1 Yr. Growth %	179.64	-72.09	32.47	30.03	-357.08
Net Income, 1 Yr. Growth %	179.64	-72.09	32.47	30.03	-357.08
Normalized Net Income, 1 Yr. Growth %	22.97	15.04	12.69	7.53	-279.49
Diluted EPS Before Extra, 1 Yr. Growth %	179.64	-73.48	39.38	29.15	-358.85
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-	-	-
Total Assets, 1 Yr. Growth %	24.34	2.86	4.81	8.3	-27.96
Tangible Book Value, 1 Yr. Growth %	24.59	2.82	4.81	7.01	-28.4
Common Equity, 1 Yr. Growth %	24.59	2.82	4.81	7.01	-28.4
Cash From Operations, 1 Yr. Growth %	23.61	1.57	-1.1	2.66	6.12
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-303.99	-3.13K	-140.1	-127.35	821.14
Unlevered Free Cash Flow, 1 Yr. Growth %	-288.43	-3.34K	-139.77	-127.4	821.14
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.43	16.97	13.36	8.92	-20.7
Gross Profit, 2 Yr. CAGR %	15.43	16.97	13.36	8.92	29.62
EBITDA, 2 Yr. CAGR %	-	-	-	-	-
EBITA, 2 Yr. CAGR %	16.98	18.36	13.66	9.97	37.8
EBIT, 2 Yr. CAGR %	16.98	18.36	13.66	9.97	37.8
Earnings From Cont. Operations, 2 Yr. CAGR %	81.53	-11.66	-39.2	31.25	82.84
Net Income, 2 Yr. CAGR %	81.53	-11.66	-39.2	31.25	82.84
Normalized Net Income, 2 Yr. CAGR %	17.7	18.94	13.86	10.08	38.93
Diluted EPS Before Extra, 2 Yr. CAGR %	81.53	-13.88	-39.2	34.17	82.84
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	-	-
Total Assets, 2 Yr. CAGR %	14.65	13.09	3.83	6.54	-11.67
Tangible Book Value, 2 Yr. CAGR %	15.01	13.18	3.81	5.9	-12.47
Common Equity, 2 Yr. CAGR %	15.01	13.18	3.81	5.9	-12.47
Cash From Operations, 2 Yr. CAGR %	-8.56	12.05	0.23	0.76	4.38
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-83.72	686.36	248.67	3.45	182.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	-84.22	680.95	258.79	3.39	182.58
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14.76	15.08	15.41	10.71	-10.94
Gross Profit, 3 Yr. CAGR %	14.76	15.08	15.41	10.71	23.58
EBITDA, 3 Yr. CAGR %	-	-	-	-	-
EBITA, 3 Yr. CAGR %	16.52	16.23	16.41	11.54	28.83
EBIT, 3 Yr. CAGR %	16.52	16.23	16.41	11.54	28.83
Earnings From Cont. Operations, 3 Yr. CAGR %	53.1	-2.76	1.11	-21.66	64.22
Net Income, 3 Yr. CAGR %	53.1	-2.76	1.11	-21.66	64.22
Normalized Net Income, 3 Yr. CAGR %	16.86	16.8	16.82	11.71	29.57
Diluted EPS Before Extra, 3 Yr. CAGR %	55.64	-4.39	1.11	-21.84	67.02
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	-
Total Assets, 3 Yr. CAGR %	11.45	10.57	10.26	5.3	-6.49
Tangible Book Value, 3 Yr. CAGR %	11.54	10.79	10.32	4.86	-7.05
Common Equity, 3 Yr. CAGR %	11.54	10.79	10.32	4.86	-7.05
Cash From Operations, 3 Yr. CAGR %	16.22	-5.3	7.49	1.03	2.52
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-26.68	-7.03	191.61	218.93	214.9
Unlevered Free Cash Flow, 3 Yr. CAGR %	-28.21	-6.95	189.48	225.85	214.65
Dividend Per Share, 3 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	44.56	14.39	14.2	12.57	-0.68
Gross Profit, 5 Yr. CAGR %	44.56	14.39	14.2	12.57	20.9
EBITDA, 5 Yr. CAGR %	-	-	-	-	-
EBITA, 5 Yr. CAGR %	49.79	25.71	15.37	13.68	24.53
EBIT, 5 Yr. CAGR %	49.79	25.71	15.37	13.68	24.53
Earnings From Cont. Operations, 5 Yr. CAGR %	75.61	11.08	5.81	9.64	28.15
Net Income, 5 Yr. CAGR %	-11.22	1.38	5.81	9.64	28.15
Normalized Net Income, 5 Yr. CAGR %	49.34	25.4	15.65	14.07	25.21
Diluted EPS Before Extra, 5 Yr. CAGR %	49.59	10.76	6.87	9.49	28.15
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-
Total Assets, 5 Yr. CAGR %	7.65	8.11	8.33	8.94	0.9
Tangible Book Value, 5 Yr. CAGR %	8.69	8.18	8.38	8.81	0.57
Common Equity, 5 Yr. CAGR %	8.69	8.18	8.38	8.81	0.57
Cash From Operations, 5 Yr. CAGR %	-48.05	-10.67	9.54	-2.92	6.23
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-29.93	36.81	-2.97	354.11
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-29.94	36.64	-2.95	352.63
Dividend Per Share, 5 Yr. CAGR %	18.47	0	0	0	0