Income Statement Asbestos Corporation Limited

Stocks

AB.H

CA0434201087

Specialty Mining & Metals

Delayed Toronto S.E. Other stock markets 13:19:13 2025-03-24 EDT			5-day change	1st Jan Change
0.9000 ^CAD	-10.00%		-.--%	-

05-27	Asbestos Corporation Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
04-28	Asbestos Corporation Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: ASBESTOS CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.14M	1.63M	3.15M	5.58M	2.54M
Interest And Invest. Income (Rev)	3.05M	-282K	1.9M	4.07M	3.18M
Other Revenues, Total	115K	20K	83K	89K	195K
Total Revenues	5.3M	1.36M	5.13M	9.73M	5.91M
Cost of Goods Sold, Total	777K	866K	1.66M	3.23M	2.47M
Gross Profit	4.53M	499K	3.48M	6.5M	3.43M
Selling General & Admin Expenses, Total	763K	825K	862K	1.25M	1.3M
Other Operating Expenses	209K	217K	231K	252K	264K
Other Operating Expenses, Total	972K	1.04M	1.09M	1.5M	1.56M
Operating Income	3.55M	-543K	2.38M	5M	1.87M
Interest Expense, Total	-605K	-	-1.69M	-1.8M	-
Net Interest Expenses	-605K	-	-1.69M	-1.8M	-
EBT, Excl. Unusual Items	2.95M	-543K	696K	3.2M	1.87M
Restructuring Charges	-	-	-	-	-24.34M
Legal Settlements	-2.88M	244K	784K	-2.24M	-2.74M
EBT, Incl. Unusual Items	65K	-299K	1.48M	960K	-25.2M
Income Tax Expense	6K	38K	40K	291K	-75K
Earnings From Continuing Operations	59K	-337K	1.44M	669K	-25.13M
Net Income to Company	59K	-337K	1.44M	669K	-25.13M
Net Income - (IS)	59K	-337K	1.44M	669K	-25.13M
Net Income to Common Incl Extra Items	59K	-337K	1.44M	669K	-25.13M
Net Income to Common Excl. Extra Items	59K	-337K	1.44M	669K	-25.13M
Per Share Items
Net EPS - Basic	0.02	-0.12	0.51	0.24	-8.86
Basic EPS - Continuing Operations	0.02	-0.12	0.51	0.24	-8.86
Basic Weighted Average Shares Outstanding	2.84M	2.84M	2.84M	2.84M	2.84M
Net EPS - Diluted	0.02	-0.12	0.51	0.24	-8.86
Diluted EPS - Continuing Operations	0.02	-0.12	0.51	0.24	-8.86
Diluted Weighted Average Shares Outstanding	2.84M	2.84M	2.84M	2.84M	2.84M
Normalized Basic EPS	0.65	-0.12	0.15	0.71	0.41
Normalized Diluted EPS	0.65	-0.12	0.15	0.71	0.41
Supplemental Items
EBITDA	3.57M	-523K	2.43M	5.08M	1.97M
EBITA	3.55M	-543K	2.38M	5M	1.87M
EBIT	3.55M	-543K	2.38M	5M	1.87M
Total Revenues (As Reported)	5.3M	1.36M	5.13M	9.73M	5.91M
Effective Tax Rate - (Ratio)	9.23	-12.71	2.7	30.31	0.3
Current Domestic Taxes	6K	-	-	-	-
Total Current Taxes	6K	-	-	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	1.84M	-339K	435K	2M	1.17M
Interest Capitalized	-	-	1.69M	1.8M	743K
Interest on Long-Term Debt	-	-	1.69M	1.8M	-
Non-Cash Pension Expense	0	-1K	0	-	16K
Supplemental Operating Expense Items
General and Administrative Expenses	763K	825K	862K	1.25M	1.3M
Maintenance & Repair Expenses, Total	284K	357K	525K	748K	760K
Stock-Based Comp., Other (Total)	-	-	73K	42K	38K
Total Stock-Based Compensation	-	-	73K	42K	38K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	369K	169K	239K	780K	1.44M
Short Term Investments	1.68M	1.6M	950K	915K	661K
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	2.05M	1.77M	1.19M	1.7M	2.1M
Accounts Receivable, Total	3.5M	4.59M	2.99M	4.77M	4M
Other Receivables	1.03M	990K	911K	974K	872K
Total Receivables	4.53M	5.58M	3.9M	5.74M	4.88M
Prepaid Expenses	94K	111K	121K	153K	148K
Restricted Cash	688K	1.33M	1.24M	1.61M	8.68M
Other Current Assets, Total	809K	809K	-	-	-1K
Total Current Assets	8.17M	9.6M	6.45M	9.2M	15.8M
Gross Property Plant And Equipment	-	-	-	1.48M	1.58M
Accumulated Depreciation	-	-	-	-249K	-342K
Net Property Plant And Equipment	330K	356K	1.26M	1.23M	1.24M
Long-term Investments	24.42M	22.16M	27.7M	31.67M	33.01M
Loans Receivable Long-Term	516K	552K	598K	645K	675K
Other Long-Term Assets, Total	9K	9K	167K	242K	339K
Total Assets	33.44M	32.67M	36.17M	43M	51.07M
Liabilities
Accounts Payable, Total	949K	411K	1.04M	1.11M	1.59M
Accrued Expenses, Total	-	-	-	-	3.68M
Current Portion of Long-Term Debt	-	-	-	-	28.56M
Current Income Taxes Payable	6K	38K	18K	296K	-
Unearned Revenue Current, Total	-	-	59K	59K	59K
Other Current Liabilities	2.79M	4.77M	3.18M	4.58M	3.44M
Total Current Liabilities	3.74M	5.22M	4.3M	6.05M	37.32M
Long-Term Debt	25.34M	24.55M	26.34M	28.09M	27.48M
Unearned Revenue Non Current	-	-	206K	147K	98K
Pension & Other Post Retirement Benefits	471K	404K	407K	407K	376K
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	23.8M	22.67M	23.65M	26.34M	28.45M
Total Liabilities	53.36M	52.85M	54.9M	61.03M	93.73M
Common Stock, Total	33.31M	33.31M	33.31M	33.31M	33.31M
Retained Earnings	-53.22M	-53.5M	-52.04M	-51.35M	-75.97M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	-19.91M	-20.18M	-18.73M	-18.04M	-42.66M
Total Equity	-19.91M	-20.18M	-18.73M	-18.04M	-42.66M
Total Liabilities And Equity	33.44M	32.67M	36.17M	43M	51.07M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.84M	2.84M	2.84M	2.84M	2.84M
ECS Total Common Shares Outstanding	2.84M	2.84M	2.84M	2.84M	2.84M
Book Value / Share	-7.02	-7.11	-6.6	-6.36	-15.04
Tangible Book Value	-19.91M	-20.18M	-18.73M	-18.04M	-42.66M
Tangible Book Value Per Share	-7.02	-7.11	-6.6	-6.36	-15.04
Total Debt	25.34M	24.55M	26.34M	28.09M	56.04M
Net Debt	23.28M	22.78M	25.15M	26.39M	53.94M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-331K	-409K	-422K	-467K	-
Account Code - Inventory Valuation	-	3	3	3	3
Land - (BS)	-	-	-	174K	174K
Machinery, Total	-	-	-	1.3M	1.41M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	59K	-337K	1.44M	669K	-25.13M
Depreciation & Amortization - CF	14K	20K	48K	84K	94K
Depreciation & Amortization, Total	14K	20K	48K	84K	94K
(Gain) Loss From Sale Of Asset	-	-	-291K	-	-
(Gain) Loss on Sale of Investments - (CF)	-2.47M	951K	-1.26M	-3.48M	-2.4M
Other Operating Activities, Total	3.85M	343K	1.17M	5.77M	2.87M
Change In Accounts Receivable	-2.36M	-1.05M	1.56M	-1.83M	775K
Change In Accounts Payable	730K	-29K	410K	143K	3.4M
Change in Unearned Revenues	-	-	-30K	-59K	-60K
Change In Income Taxes	-60K	29K	-5K	259K	-201K
Change in Other Net Operating Assets	-21K	-17K	-10K	-32K	6K
Cash from Operations	-260K	-89K	3.03M	1.52M	-20.64M
Capital Expenditure	-879K	-46K	-557K	-82K	-107K
Sale of Property, Plant, and Equipment	-	-	-	30K	-
Investment in Marketable and Equity Securities, Total	713K	1.4M	-2.53M	-457K	1.31M
Other Investing Activities, Total	719K	-676K	-113K	-497K	-7.2M
Cash from Investing	553K	673K	-3.2M	-1.01M	-6M
Long-Term Debt Issued, Total	419K	-	100K	-	27.82M
Total Debt Issued	419K	-	100K	-	27.82M
Long-Term Debt Repaid, Total	-350K	-784K	-	-47K	-607K
Total Debt Repaid	-350K	-784K	-	-47K	-607K
Other Financing Activities, Total	-	-	142K	71K	82K
Cash from Financing	69K	-784K	242K	24K	27.29M
Miscellaneous Cash Flow Adjustments	-	-	-	-	1K
Net Change in Cash	362K	-200K	70K	541K	656K
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	-	-	12K
Levered Free Cash Flow	-91.88K	-594K	1.64M	1.54M	-2.28M
Unlevered Free Cash Flow	286K	-594K	2.7M	2.66M	-2.28M
Change In Net Working Capital	1.07M	229K	-1.64M	504K	3.48M
Net Debt Issued / Repaid	69K	-784K	100K	-47K	27.21M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.15	-1.03	4.33	7.89	2.49
Return on Total Capital	44.12	-6.93	24.85	35.38	9.99
Return On Equity %	-0.3	1.68	-7.4	-3.64	82.81
Return on Common Equity	-0.3	1.68	-7.4	-3.64	82.81
Margin Analysis
Gross Profit Margin %	85.35	36.56	67.7	66.77	58.13
SG&A Margin	14.39	60.44	16.79	12.82	21.97
EBITDA Margin %	67.28	-38.32	47.34	52.22	33.28
EBITA Margin %	67.02	-39.78	46.41	51.36	31.69
EBIT Margin %	67.02	-39.78	46.41	51.36	31.69
Income From Continuing Operations Margin %	1.11	-24.69	28.05	6.87	-425.43
Net Income Margin %	1.11	-24.69	28.05	6.87	-425.43
Net Avail. For Common Margin %	1.11	-24.69	28.05	6.87	-425.43
Normalized Net Income Margin	34.76	-24.86	8.47	20.57	19.81
Levered Free Cash Flow Margin	-1.73	-43.54	32.03	15.85	-38.68
Unlevered Free Cash Flow Margin	5.4	-43.54	52.56	27.37	-38.68
Asset Turnover
Asset Turnover	0.17	0.04	0.15	0.25	0.13
Fixed Assets Turnover	17.56	3.98	6.35	7.82	4.78
Receivables Turnover (Average Receivables)	0.9	0.4	0.83	1.44	0.58
Short Term Liquidity
Current Ratio	2.18	1.84	1.5	1.52	0.42
Quick Ratio	1.76	1.41	1.18	1.23	0.19
Operating Cash Flow to Current Liabilities	-0.07	-0.02	0.7	0.25	-0.55
Days Sales Outstanding (Average Receivables)	403.61	906.67	438.79	254.69	631.48
Average Days Payable Outstanding	268.23	286.6	159.82	121.66	198.88
Long Term Solvency
Total Debt/Equity	-127.24	-121.65	-140.65	-155.73	-131.37
Total Debt / Total Capital	467.13	561.98	345.97	279.44	418.78
LT Debt/Equity	-127.24	-121.65	-140.65	-155.73	-64.42
Long-Term Debt / Total Capital	467.13	561.98	345.97	279.44	205.35
Total Liabilities / Total Assets	159.54	161.79	151.77	141.95	183.52
EBIT / Interest Expense	5.87	-	1.41	2.78	-
EBITDA / Interest Expense	5.9	-	1.44	2.83	-
(EBITDA - Capex) / Interest Expense	4.44	-	1.11	2.79	-
Total Debt / EBITDA	7.1	-46.95	10.84	5.53	28.51
Net Debt / EBITDA	6.53	-43.56	10.35	5.19	27.44
Total Debt / (EBITDA - Capex)	9.42	-43.15	14.06	5.62	30.15
Net Debt / (EBITDA - Capex)	8.66	-40.04	13.43	5.28	29.02
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	154.22	-74.26	276.04	89.62	-39.31
Gross Profit, 1 Yr. Growth %	216.06	-88.97	596.39	87.02	-47.16
EBITDA, 1 Yr. Growth %	709.07	-114.66	-564.63	109.18	-61.32
EBITA, 1 Yr. Growth %	728.44	-115.28	-538.67	109.87	-62.55
EBIT, 1 Yr. Growth %	728.44	-115.28	-538.67	109.87	-62.55
Earnings From Cont. Operations, 1 Yr. Growth %	-75.52	-671.19	-527.3	-53.54	-3.86K
Net Income, 1 Yr. Growth %	-75.52	-671.19	-527.3	-53.54	-3.86K
Normalized Net Income, 1 Yr. Growth %	587.41	-118.41	-228.18	360.34	-41.57
Diluted EPS Before Extra, 1 Yr. Growth %	-75.52	-671.2	-527.3	-53.54	-3.86K
Accounts Receivable, 1 Yr. Growth %	181.85	31.27	-34.87	59.67	-16.08
Net Property, Plant and Equip., 1 Yr. Growth %	20.44	7.88	254.21	-2.54	1.14
Total Assets, 1 Yr. Growth %	16.4	-2.32	10.74	18.86	18.79
Tangible Book Value, 1 Yr. Growth %	-0.52	1.36	-7.22	-3.68	136.52
Common Equity, 1 Yr. Growth %	-0.52	1.36	-7.22	-3.68	136.52
Cash From Operations, 1 Yr. Growth %	-28.18	-65.77	-3.5K	-49.74	-1.46K
Capital Expenditures, 1 Yr. Growth %	43.85K	-94.77	1.11K	-85.28	30.49
Levered Free Cash Flow, 1 Yr. Growth %	-94.89	546.94	-376.59	-6.17	-248.14
Unlevered Free Cash Flow, 1 Yr. Growth %	-115.92	-307.64	-553.88	-1.24	-185.76
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	28.33	-19.11	-1.62	167.03	7.27
Gross Profit, 2 Yr. CAGR %	35.53	-40.97	-12.38	260.89	-0.59
EBITDA, 2 Yr. CAGR %	56.49	8.9	-17.47	211.75	-10.05
EBITA, 2 Yr. CAGR %	56.99	12.5	-18.13	203.42	-11.35
EBIT, 2 Yr. CAGR %	56.99	12.5	-18.13	203.42	-11.35
Earnings From Cont. Operations, 2 Yr. CAGR %	-64.64	18.25	394.03	40.9	317.75
Net Income, 2 Yr. CAGR %	-64.64	18.25	394.03	40.9	317.75
Normalized Net Income, 2 Yr. CAGR %	105.99	12.5	-51.42	142.91	64
Diluted EPS Before Extra, 2 Yr. CAGR %	-64.65	18.25	394.04	40.9	317.75
Accounts Receivable, 2 Yr. CAGR %	24.36	92.35	-7.54	1.97	15.76
Net Property, Plant and Equip., 2 Yr. CAGR %	4.02	13.99	95.48	85.8	-0.72
Total Assets, 2 Yr. CAGR %	4.37	6.63	4	14.72	18.82
Tangible Book Value, 2 Yr. CAGR %	-0.89	0.41	-3.03	-5.47	50.93
Common Equity, 2 Yr. CAGR %	-0.89	0.41	-3.03	-5.47	50.93
Cash From Operations, 2 Yr. CAGR %	-46.19	-50.42	241.38	313.67	161.01
Capital Expenditures, 2 Yr. CAGR %	492.96	379.58	-20.4	33.51	-56.17
Levered Free Cash Flow, 2 Yr. CAGR %	-79.8	-42.5	323.01	61.1	17.89
Unlevered Free Cash Flow, 2 Yr. CAGR %	-67.56	-42.5	206.99	111.72	-7.97
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	34.55	-24.88	35.01	22.44	62.96
Gross Profit, 3 Yr. CAGR %	52.15	-41.28	34.38	12.82	90.21
EBITDA, 3 Yr. CAGR %	110.41	-28.93	76.63	12.52	55.49
EBITA, 3 Yr. CAGR %	113.34	-27.79	77.08	12.04	51.07
EBIT, 3 Yr. CAGR %	113.34	-27.79	77.08	12.04	51.07
Earnings From Cont. Operations, 3 Yr. CAGR %	-14.98	-10.62	81.46	124.66	320.91
Net Income, 3 Yr. CAGR %	-14.98	-10.62	81.46	124.66	320.91
Normalized Net Income, 3 Yr. CAGR %	100.48	-7.9	17.5	2.8	51.07
Diluted EPS Before Extra, 3 Yr. CAGR %	-14.98	-10.62	81.46	124.66	320.91
Accounts Receivable, 3 Yr. CAGR %	8.21	26.62	34.07	10.93	-4.44
Net Property, Plant and Equip., 3 Yr. CAGR %	3.81	5.29	66.34	55.01	51.71
Total Assets, 3 Yr. CAGR %	3.84	2.09	7.98	8.74	16.06
Tangible Book Value, 3 Yr. CAGR %	-1.38	-0.15	-2.2	-3.25	28.33
Common Equity, 3 Yr. CAGR %	-1.38	-0.15	-2.2	-3.25	28.33
Cash From Operations, 3 Yr. CAGR %	-37.68	-53.72	103.04	80.26	514.4
Capital Expenditures, 3 Yr. CAGR %	460.2	22.54	553.04	-54.65	32.5
Levered Free Cash Flow, 3 Yr. CAGR %	-65.29	-35.86	-2.94	156.06	56.65
Unlevered Free Cash Flow, 3 Yr. CAGR %	-49.31	-39.76	14.48	110.35	56.65
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	17.77	-8.19	18.71	24.76	23.14
Gross Profit, 5 Yr. CAGR %	22.51	-18.67	22.01	21.41	19.12
EBITDA, 5 Yr. CAGR %	35.19	2.51	44.7	28.39	34.84
EBITA, 5 Yr. CAGR %	35.71	4.11	45.44	28.23	34.27
EBIT, 5 Yr. CAGR %	35.71	4.11	45.44	28.23	34.27
Earnings From Cont. Operations, 5 Yr. CAGR %	-56.78	35.79	71.88	7.23	153.3
Net Income, 5 Yr. CAGR %	-56.78	35.79	71.88	7.23	153.3
Normalized Net Income, 5 Yr. CAGR %	90.68	95.53	13.72	35.75	34.27
Diluted EPS Before Extra, 5 Yr. CAGR %	-56.78	35.79	71.88	7.23	153.3
Accounts Receivable, 5 Yr. CAGR %	-1.25	8.42	1.61	16.12	26.42
Net Property, Plant and Equip., 5 Yr. CAGR %	1.13	3.01	33.71	32.14	35.31
Total Assets, 5 Yr. CAGR %	-0.86	0.95	3.9	6.97	12.2
Tangible Book Value, 5 Yr. CAGR %	-0.66	-0.48	-2.04	-2.31	16.34
Common Equity, 5 Yr. CAGR %	-0.66	-0.48	-2.04	-2.31	16.34
Cash From Operations, 5 Yr. CAGR %	-38.4	-51.97	23.05	11.14	124.5
Capital Expenditures, 5 Yr. CAGR %	105.47	8.21	156.67	26.82	121.65
Levered Free Cash Flow, 5 Yr. CAGR %	-29.22	5.16	-5.64	-7.29	4.91
Unlevered Free Cash Flow, 5 Yr. CAGR %	-20.94	24.78	4.19	-0.41	4.91