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Financial statements

POWERBANK Corp financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data POWERBANK Corp files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2024FY2025
Revenue18.458.441.5
Cost of revenue13.946.731
Gross profit4.5411.710.5
Operating income-4.42-39.1
Pre-tax income3.19-0.63-35.3
Income tax0.952.95-4.22
Net income to minority interests-0.1-0.08
Net income2.24-3.47-31
EPS, basic0.11-0.13-0.97
EPS, diluted0.06-0.13-0.97

Balance sheet

FY2024FY2024FY2025
Cash and equivalents0.755.277.62
Short-term investments6.550.921.11
Inventory0.456.539
Total current assets2217.641.3
Property, plant and equipment0.953.4634.5
Lease right-of-use assets0.141.098.59
Goodwill0.442.77
Total assets2539.2138
Accounts payable4.714.6921.8
Total current liabilities7.0813.443.1
Lease liabilities0.130.996.69
Total liabilities8.3420.5119
Total debt0.914.8363
Paid-in capital34.061.95
Retained earnings6.653.18-27.8
Shareholders' equity16.416.419.2
Minority interests0.242.360.52
Total equity16.618.719.8
Total liabilities and equity2539.2138

Cash flow statement

FY2024FY2024FY2025
Net income2.24-3.58-31.1
Cash from operations2.398.49-17.3
Capital expenditures-0.04
Cash from investing-8.39-4.66-4.13
Stock issued1.2510.1
Cash from financing-5.810.7323.9
Exchange rate effect0.01-0.03-0.19
Net change in cash-0.24.552.54
Free cash flow8.44
Income taxes paid1.812.63

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Gross margin25.3%Gross profit / revenue.
Operating margin-94.1%Operating income / revenue.
Pre-tax margin-85.1%Pre-tax income / revenue.
Net margin-74.7%Net income / revenue.
Operating cash flow margin-41.6%Cash from operations / revenue.
Return on equity (ROE)-174.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-35.0%Net income / average total assets.
Return on invested capital (ROIC)-68.2%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-28.9%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-10.0%Gross profit vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-303.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y17.6%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y252.7%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.96xCurrent assets / current liabilities.
Quick ratio0.20x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.20x(Cash + short-term investments) / current liabilities.
Debt / equity3.27xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets45.5%Total debt / total assets.
Liabilities / assets85.7%Total liabilities / total assets.
Net debtCA$54.2MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital-CA$1.8MCurrent assets - current liabilities.
Goodwill and intangibles / assets2.0%(Goodwill + intangible assets) / total assets.
Tangible book valueCA$16.5MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.47xRevenue / average total assets.
Fixed asset turnover2.19xRevenue / average property, plant and equipment.
Inventory turnover3.99xCost of revenue / average inventory.
Days inventory91 days365 x average inventory / cost of revenue.
Days payables156 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-CA$0.97Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-CA$0.97Net income per basic share, as reported (split-adjusted).
What was POWERBANK Corp's revenue in fiscal 2025?

POWERBANK Corp reported revenue of CA$41.5M for fiscal 2025, 28.9% lower than the year before.

Was POWERBANK Corp profitable in fiscal 2025?

No. It reported a net loss of CA$31.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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