Cash flow Findev Inc. OTC Markets

Stocks

TNSGF

CA31773A1075

Corporate Financial Services

Market Closed - OTC Markets Other stock markets 01:23:25 10/07/2026 am IST			5-day change	1st Jan Change
0.2313 ^USD	-56.81%		0.00%	-17.39%

30/05	Findev Inc. Announces Dividend, Payable on July 9, 2026 and October 9, 2026	CI
30/05	Findev Inc. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

75becc7652b03b1e6db8dfa3004d.WyNbFcE9uPrmnH42p-ZIgGVRPEq-Zqm19TVXsXaiA8M.NxU2XrBZ9raJ7TxukrkBxxQYex_tHsr5onQu-EboZYAVZh8jqwnyjJ_pMw

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)	26.62L	30.45L	34.21L	36.12L	21.51L
Total Revenues	26.62L	30.45L	34.21L	36.12L	21.51L
Cost of Goods Sold, Total	-	-	-	-	78.98L
Gross Profit	26.62L	30.45L	34.21L	36.12L	-57.47L
Selling General & Admin Expenses, Total	2L	2L	3L	2L	2L
Stock-Based Compensation (IS)	-	-	-	-	-
R&D Expenses	-	-	-	-	-
Other Operating Expenses, Total	2L	2L	3L	2L	2L
Operating Income	24.38L	27.98L	31.5L	33.84L	-59.82L
Interest Expense, Total	-1.2T	-1.42T	-1.4T	-855	-
Net Interest Expenses	-1.2T	-1.42T	-1.4T	-855	-
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-35.39T	-33.29T	-35.05T	-34.41T	-27.97T
EBT, Excl. Unusual Items	24.02L	27.63L	31.14L	33.48L	-60.1L
Gain (Loss) On Sale Of Investments	-14.56T	-5L	-1L	-	-
Other Unusual Items	-	-	-	-	0
EBT, Incl. Unusual Items	23.87L	22.42L	29.72L	33.48L	-60.1L
Income Tax Expense	-30.13L	7L	10L	8L	7L
Earnings From Continuing Operations	54L	15.07L	19.96L	25.96L	-66.74L
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	54L	15.07L	19.96L	25.96L	-66.74L
Net Income - (IS)	54L	15.07L	19.96L	25.96L	-66.74L
Net Income to Common Incl Extra Items	54L	15.07L	19.96L	25.96L	-66.74L
Net Income to Common Excl. Extra Items	54L	15.07L	19.96L	25.96L	-66.74L
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	2.86Cr	2.86Cr	2.86Cr	2.86Cr	2.86Cr
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	2.86Cr	2.86Cr	2.86Cr	2.86Cr	2.86Cr
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	24.38L	27.98L	31.5L	33.84L	-59.82L
EBIT	24.38L	27.98L	31.5L	33.84L	-59.82L
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	-126.21	32.79	32.84	22.47	-11.04
Total Current Taxes	-	-	-	-	-2L
Total Deferred Taxes	-30.13L	7L	10L	8L	9L
Normalized Net Income	15.01L	17.27L	19.46L	20.93L	-37.56L
Interest Capitalized	16.13L	19.49L	23.85L	27.97L	10.84L
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	2L	2L	2L	2L	2L
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	3L	3L	3L	3L	4L
Total Cash And Short Term Investments	3L	3L	3L	3L	4L
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	-	-	-	-	-
Notes Receivable	2Cr	2.14Cr	2.35Cr	2.6Cr	1.06Cr
Total Receivables	2Cr	2.14Cr	2.35Cr	2.6Cr	1.06Cr
Prepaid Expenses	4.09T	2.38T	1.27T	3.58T	2.42T
Deferred Tax Assets Current	-	-	-	9L	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	2.03Cr	2.17Cr	2.38Cr	2.72Cr	1.1Cr
Net Property Plant And Equipment	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	85.7L
Deferred Tax Assets Long-Term	30.13L	22.78L	13.02L	-	-
Total Assets	2.33Cr	2.4Cr	2.51Cr	2.72Cr	1.96Cr
Liabilities
Accounts Payable, Total	44.24T	45.74T	41.4T	60.77T	1L
Accrued Expenses, Total	24.6T	40.35T	59.6T	77.58T	2L
Current Income Taxes Payable	-	-	-	3L	1L
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	2L	2L	2L	2L	2L
Total Current Liabilities	3L	3L	3L	7L	6L
Total Liabilities	3L	3L	3L	7L	6L
Common Stock, Total	3.45Cr	3.45Cr	3.45Cr	3.45Cr	3.45Cr
Additional Paid In Capital	1.26Cr	1.26Cr	1.26Cr	1.26Cr	1.26Cr
Retained Earnings	-2.41Cr	-2.35Cr	-2.23Cr	-2.06Cr	-2.81Cr
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	2.3Cr	2.37Cr	2.48Cr	2.65Cr	1.9Cr
Total Equity	2.3Cr	2.37Cr	2.48Cr	2.65Cr	1.9Cr
Total Liabilities And Equity	2.33Cr	2.4Cr	2.51Cr	2.72Cr	1.96Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.86Cr	2.86Cr	2.86Cr	2.86Cr	2.86Cr
ECS Total Common Shares Outstanding	2.86Cr	2.86Cr	2.86Cr	2.86Cr	2.86Cr
Book Value / Share	0.8	0.83	0.87	0.93	0.66
Tangible Book Value	2.3Cr	2.37Cr	2.48Cr	2.65Cr	1.9Cr
Tangible Book Value Per Share	0.8	0.83	0.87	0.93	0.66
Total Debt	0	0	0	0	0
Net Debt	-3L	-3L	-3L	-3L	-4L
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	54L	15.07L	19.96L	25.96L	-66.74L
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)	14.56T	5L	1L	-	-
Net (Increase) Decrease in Loans Originated / Sold - Operating	-16.13L	-18.99L	-23.1L	-27.57L	-10.84L
Provision for Credit Losses	28.5T	-17.5T	35.5T	3L	78.98L
Stock-Based Compensation (CF)	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-30.13L	7L	10L	8L	7L
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	18.28T	17.24T	14.92T	37.34T	1L
Change in Unearned Revenues	-	-	-	-	-
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	15.85T	1.71T	1.11T	-2.31T	1.16T
Cash from Operations	9L	9L	9L	9L	9L
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	-9L	-9L	-9L	-9L	-9L
Common & Preferred Stock Dividends Paid	-9L	-9L	-9L	-9L	-9L
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-9L	-9L	-9L	-9L	-9L
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	-7.64T	5.78T	-3.7T	19.06T	72.84T
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-12.23T	4L	-1L	4L	1.16Cr
Unlevered Free Cash Flow	-11.48T	4L	-1L	4L	1.16Cr
Change In Net Working Capital	15.36L	13.77L	21.17L	17.18L	-1.53Cr
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	2.04T	1.97T	2.26T	3.96T	-
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	-3.13T	-140.1	-127.35	821.14
Unlevered Free Cash Flow, 1 Yr. Growth %	-288.43	-3.34T	-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