Cash flow Hank Payments Corp.

Equities

HANK

CA41043X1006

Financial Technology (Fintech)

Market Closed - Toronto S.E. Other stock markets 10:36:18 2025-01-14 EST			5-day change	1st Jan Change
0.0300 ^CAD	+20.00%		-14.29%	+20.00%

12-12	Hank Payments Corp. Appoints Peter Mcrae as an Independent Director of the Company and Chairperson of the Audit Committee	CI
11-29	Hank Payments Corp. Reports Earnings Results for the First Quarter Ended September 30, 2024	CI

4d8d31211f69d4f1a317c2d5d0f.moSfGuqUvWnEuXYm0FaLoquFfDHWwxm2FyAzhUspPDQ.zanVfq6k5AGb0jlp5jW-7d_uNByE9XPhfRNc9XsbUXDU4Ohvj-zJG7TgIw

Published financial data: HANK PAYMENTS CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	2.51M	3.22M	4.99M	5.62M	7.2M
Other Revenues, Total	-	188K	348K	288K	188K
Total Revenues	2.51M	3.41M	5.34M	5.91M	7.39M
Cost of Goods Sold, Total	766K	977K	1.28M	1.24M	1.67M
Gross Profit	1.75M	2.43M	4.07M	4.67M	5.72M
Selling General & Admin Expenses, Total	3.21M	3.13M	7.11M	6.2M	6.74M
Provision for Bad Debts	42.08K	133K	255K	267K	139K
Stock-Based Compensation (IS)	-	552K	5.43M	550K	306K
Depreciation & Amortization - (IS)	1.68K	685	6.56K	16.3K	20.87K
Amortization of Goodwill and Intangible Assets - (IS)	114K	117K	152K	203K	235K
Other Operating Expenses, Total	3.37M	3.93M	12.95M	7.23M	7.44M
Operating Income	-1.63M	-1.5M	-8.88M	-2.57M	-1.72M
Interest Expense, Total	-	-48.24K	-19.11K	-90.7K	-353K
Net Interest Expenses	-	-48.24K	-19.11K	-90.7K	-353K
Currency Exchange Gains (Loss)	-	-6.8K	12.55K	-1.92K	1.03K
Other Non Operating Income (Expenses)	-	-72.92K	-2.55M	-827K	-198K
EBT, Excl. Unusual Items	-1.63M	-1.63M	-11.43M	-3.49M	-2.27M
Other Unusual Items	-	5.03K	1.1K	-	139K
EBT, Incl. Unusual Items	-1.63M	-1.62M	-11.43M	-3.49M	-2.13M
Earnings From Continuing Operations	-1.63M	-1.62M	-11.43M	-3.49M	-2.13M
Net Income to Company	-1.63M	-1.62M	-11.43M	-3.49M	-2.13M
Net Income - (IS)	-1.63M	-1.62M	-11.43M	-3.49M	-2.13M
Net Income to Common Incl Extra Items	-1.63M	-1.62M	-11.43M	-3.49M	-2.13M
Net Income to Common Excl. Extra Items	-1.63M	-1.62M	-11.43M	-3.49M	-2.13M
Per Share Items
Net EPS - Basic	-0.03	-0.03	-0.17	-0.05	-0.03
Basic EPS - Continuing Operations	-0.03	-0.03	-0.17	-0.05	-0.03
Basic Weighted Average Shares Outstanding	58.3M	60.44M	68.05M	72.72M	73.15M
Net EPS - Diluted	-0.03	-0.03	-0.17	-0.05	-0.03
Diluted EPS - Continuing Operations	-0.03	-0.03	-0.17	-0.05	-0.03
Diluted Weighted Average Shares Outstanding	58.3M	60.44M	68.05M	72.72M	73.15M
Normalized Basic EPS	-0.02	-0.02	-0.11	-0.03	-0.02
Normalized Diluted EPS	-0.02	-0.02	-0.11	-0.03	-0.02
Supplemental Items
EBITDA	-1.62M	-1.5M	-8.87M	-2.55M	-1.7M
EBITA	-1.63M	-1.5M	-8.88M	-2.57M	-1.72M
EBIT	-1.63M	-1.5M	-8.88M	-2.57M	-1.72M
Total Revenues (As Reported)	2.51M	3.41M	5.34M	5.91M	7.39M
Normalized Net Income	-1.02M	-1.02M	-7.15M	-2.18M	-1.42M
Supplemental Operating Expense Items
General and Administrative Expenses	1.02M	1.1M	1.72M	1.4M	1.24M
Stock-Based Comp., Other (Total)	-	552K	5.43M	550K	306K
Total Stock-Based Compensation	-	552K	5.43M	550K	306K

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	88.9K	251K	803K	692K	720K
Total Cash And Short Term Investments	88.9K	251K	803K	692K	720K
Accounts Receivable, Total	674K	903K	1.03M	547K	2.13M
Other Receivables	-	-	97.82K	126K	-
Notes Receivable	-	164K	-	-	-
Total Receivables	674K	1.07M	1.12M	673K	2.13M
Prepaid Expenses	7.06K	226K	327K	482K	334K
Total Current Assets	770K	1.54M	2.25M	1.85M	3.18M
Gross Property Plant And Equipment	13.97K	-	24.12K	52.71K	66.47K
Accumulated Depreciation	-13.28K	-	-9K	-25.35K	-47.07K
Net Property Plant And Equipment	685	-	15.13K	27.36K	19.4K
Other Intangibles, Total	429K	312K	344K	496K	688K
Loans Receivable Long-Term	-	-	1.01M	-	-
Other Long-Term Assets, Total	120K	120K	155K	1.84M	1.12M
Total Assets	1.32M	1.98M	3.78M	4.21M	5M
Liabilities
Accounts Payable, Total	435K	277K	578K	588K	848K
Accrued Expenses, Total	-	619K	2.24M	4.34M	4.52M
Short-term Borrowings	2.8M	189K	-	-	1.88M
Current Portion of Long-Term Debt	-	-	18.72K	25.16K	150K
Unearned Revenue Current, Total	907K	1.05M	1.47M	1.32M	1.22M
Other Current Liabilities	-	423K	-	-	-
Total Current Liabilities	4.14M	2.56M	4.3M	6.27M	8.62M
Long-Term Debt	-	-	634K	1.4M	1.69M
Unearned Revenue Non Current	1.7M	2.26M	2.98M	2.56M	2.57M
Total Liabilities	5.84M	4.82M	7.92M	10.23M	12.87M
Common Stock, Total	576	2.75M	8.16M	8.44M	8.44M
Additional Paid In Capital	-	552K	6.98M	8.4M	8.84M
Retained Earnings	-4.52M	-6.15M	-19.49M	-22.98M	-25.11M
Comprehensive Income and Other	-	-	223K	115K	-37.98K
Total Common Equity	-4.52M	-2.84M	-4.13M	-6.02M	-7.87M
Total Equity	-4.52M	-2.84M	-4.13M	-6.02M	-7.87M
Total Liabilities And Equity	1.32M	1.98M	3.78M	4.21M	5M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	62.61M	70.02M	73.05M	73.15M	73.15M
ECS Total Common Shares Outstanding	58.3M	62.61M	71.05M	73.15M	73.15M
Book Value / Share	-0.08	-0.05	-0.06	-0.08	-0.11
Tangible Book Value	-4.95M	-3.16M	-4.48M	-6.52M	-8.56M
Tangible Book Value Per Share	-0.08	-0.05	-0.06	-0.09	-0.12
Total Debt	2.8M	189K	653K	1.42M	3.72M
Net Debt	2.71M	-61.17K	-150K	729K	3M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	13.97K	-	24.12K	52.71K	66.47K
Accumulated Allowance for Doubtful Accounts (Supple)	35.49K	47.53K	54.04K	28.81K	37.94K

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	-1.63M	-1.62M	-11.43M	-3.49M	-2.13M
Depreciation & Amortization - CF	1.68K	685	6.56K	16.3K	20.87K
Depreciation & Amortization, Total	1.68K	685	6.56K	16.3K	20.87K
Amortization of Deferred Charges, Total - (CF)	114K	117K	152K	203K	235K
Stock-Based Compensation (CF)	-	552K	5.43M	550K	306K
Other Operating Activities, Total	-	-217K	2.13M	225K	326K
Change In Accounts Receivable	6.87K	-229K	92.68K	479K	-1.56M
Change In Accounts Payable	178K	459K	1.96M	2.38M	339K
Change in Unearned Revenues	753K	705K	340K	-565K	-202K
Change in Other Net Operating Assets	-5.56K	-219K	-125K	-183K	287K
Cash from Operations	-578K	-456K	-1.44M	-382K	-2.38M
Capital Expenditure	-	-	-119K	-28.13K	-12.4K
Cash Acquisitions	-	-	75.19K	-	-
Sale (Purchase) of Intangible assets	-98.06K	-	-	-342K	-413K
Other Investing Activities, Total	125K	-	-810K	-638K	770K
Cash from Investing	26.94K	-	-854K	-1.01M	345K
Short Term Debt Issued, Total	639K	527K	-	-	1.81M
Long-Term Debt Issued, Total	-	340K	500K	2.02M	484K
Total Debt Issued	639K	867K	500K	2.02M	2.3M
Short Term Debt Repaid, Total	-	-249K	-	-	-46.96K
Long-Term Debt Repaid, Total	-	-	-	-500K	-
Total Debt Repaid	-	-249K	-	-500K	-46.96K
Issuance of Common Stock	-	-	2.09M	7.5K	-
Other Financing Activities, Total	-	-	346K	-104K	-110K
Cash from Financing	639K	618K	2.93M	1.43M	2.14M
Foreign Exchange Rate Adjustments	-	-	-150K	-150K	-74.51K
Net Change in Cash	88.3K	162K	493K	-111K	27.46K
Supplemental Items
Cash Interest Paid	-	-	15.95K	85.18K	110K
Levered Free Cash Flow	-523K	114K	1.21M	995K	-2.13M
Unlevered Free Cash Flow	-523K	144K	1.22M	1.05M	-1.91M
Change In Net Working Capital	-476K	-413K	-1.3M	-2.26M	967K
Net Debt Issued / Repaid	639K	618K	500K	1.52M	2.25M

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	-75.38	-56.95	-178.17	-40.17	-23.39
Return on Total Capital	82.74	42.9	163.95	39.71	24.63
Return On Equity %	43.84	44.12	298.55	68.67	30.73
Return on Common Equity	43.84	44.12	298.55	68.67	30.73
Margin Analysis
Gross Profit Margin %	69.51	71.32	76.12	78.97	77.42
SG&A Margin	127.95	91.85	133	104.87	91.26
EBITDA Margin %	-64.66	-44.05	-166.1	-43.17	-23.05
EBITA Margin %	-64.73	-44.07	-166.22	-43.44	-23.33
EBIT Margin %	-64.73	-44.07	-166.22	-43.44	-23.33
Income From Continuing Operations Margin %	-64.73	-47.68	-214	-59	-28.9
Net Income Margin %	-64.73	-47.68	-214	-59	-28.9
Net Avail. For Common Margin %	-64.73	-47.68	-214	-59	-28.9
Normalized Net Income Margin	-40.46	-29.89	-133.76	-36.88	-19.23
Levered Free Cash Flow Margin	-20.81	3.35	22.58	16.84	-28.81
Unlevered Free Cash Flow Margin	-20.81	4.24	22.8	17.8	-25.82
Asset Turnover
Asset Turnover	1.86	2.07	1.72	1.48	1.6
Fixed Assets Turnover	1.65K	-	-	278.18	315.94
Receivables Turnover (Average Receivables)	3.71	4.08	4.65	7.14	5.39
Short Term Liquidity
Current Ratio	0.19	0.6	0.52	0.29	0.37
Quick Ratio	0.18	0.45	0.45	0.22	0.33
Operating Cash Flow to Current Liabilities	-0.14	-0.18	-0.33	-0.06	-0.28
Days Sales Outstanding (Average Receivables)	98.76	89.41	78.42	51.1	67.95
Average Days Payable Outstanding	165.42	98.94	131.93	171.29	157.5
Long Term Solvency
Total Debt/Equity	-61.93	-6.66	-15.79	-23.6	-47.3
Total Debt / Total Capital	-162.67	-7.13	-18.75	-30.89	-89.74
LT Debt/Equity	-	-	-15.34	-23.18	-21.48
Long-Term Debt / Total Capital	-	-	-18.21	-30.35	-40.75
Total Liabilities / Total Assets	442.51	243.93	209.31	243.15	257.28
EBIT / Interest Expense	-	-31.13	-464.68	-28.31	-4.89
EBITDA / Interest Expense	-	-31.11	-464.34	-28.13	-4.83
(EBITDA - Capex) / Interest Expense	-	-31.11	-470.57	-28.44	-4.86
Total Debt / EBITDA	-1.72	-0.13	-0.07	-0.56	-2.19
Net Debt / EBITDA	-1.67	0.04	0.02	-0.29	-1.76
Total Debt / (EBITDA - Capex)	-1.72	-0.13	-0.07	-0.55	-2.17
Net Debt / (EBITDA - Capex)	-1.67	0.04	0.02	-0.28	-1.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.95	35.68	22.28	10.61	25.01
Gross Profit, 1 Yr. Growth %	29.75	39.22	30.51	14.74	22.55
EBITDA, 1 Yr. Growth %	-35.23	-7.57	368.39	-71.26	-33.24
EBITA, 1 Yr. Growth %	-35.17	-7.63	368.52	-71.09	-32.85
EBIT, 1 Yr. Growth %	-35.17	-7.63	368.52	-71.09	-32.85
Earnings From Cont. Operations, 1 Yr. Growth %	-35.17	-0.06	456.29	-69.5	-38.77
Net Income, 1 Yr. Growth %	-35.17	-0.06	456.29	-69.5	-38.77
Normalized Net Income, 1 Yr. Growth %	-35.17	0.25	456.96	-69.51	-34.8
Diluted EPS Before Extra, 1 Yr. Growth %	-35.17	-3.59	394.02	-71.46	-39.13
Accounts Receivable, 1 Yr. Growth %	-1.01	33.95	-8.28	-46.68	288.31
Net Property, Plant and Equip., 1 Yr. Growth %	-71.01	-	-	80.89	-29.08
Total Assets, 1 Yr. Growth %	-4.06	49.7	54.43	11.23	18.96
Tangible Book Value, 1 Yr. Growth %	48.18	-36.25	14.49	45.53	31.32
Common Equity, 1 Yr. Growth %	56.15	-37.1	17.27	45.66	30.71
Cash From Operations, 1 Yr. Growth %	-50.78	-21.04	59.17	-73.47	523.81
Capital Expenditures, 1 Yr. Growth %	-	-	-	28.1	-55.94
Levered Free Cash Flow, 1 Yr. Growth %	-	-121.86	275.47	-17.53	-313.9
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-127.63	238.46	-13.68	-281.41
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	24.89	28.52	16.3	17.59
Gross Profit, 2 Yr. CAGR %	-	34.4	34.5	22.37	18.58
EBITDA, 2 Yr. CAGR %	-	-22.63	105.98	16.03	-56.2
EBITA, 2 Yr. CAGR %	-	-22.61	105.95	16.38	-55.94
EBIT, 2 Yr. CAGR %	-	-22.61	105.95	16.38	-55.94
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-19.51	133.68	30.25	-56.79
Net Income, 2 Yr. CAGR %	-	-19.51	133.68	30.25	-56.79
Normalized Net Income, 2 Yr. CAGR %	-	-19.38	133.69	30.32	-55.41
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-20.94	116.28	18.74	-58.32
Accounts Receivable, 2 Yr. CAGR %	-	15.15	8.73	-30.07	43.89
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	314.12	-	13.26
Total Assets, 2 Yr. CAGR %	-	19.84	49.15	31.06	15.03
Tangible Book Value, 2 Yr. CAGR %	-	-2.81	-16.19	29.08	38.24
Common Equity, 2 Yr. CAGR %	-	-0.89	-15.74	30.7	37.98
Cash From Operations, 2 Yr. CAGR %	-	-37.66	39.04	-35.02	28.64
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-24.87
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	33.86	75.97	32.82
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	34.53	70.92	25.13
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	23.83	21.12	19.13
Gross Profit, 3 Yr. CAGR %	-	-	32.89	26.39	22.43
EBITDA, 3 Yr. CAGR %	-	-	40.07	5.86	-3.5
EBITA, 3 Yr. CAGR %	-	-	40.1	6.05	-3.12
EBIT, 3 Yr. CAGR %	-	-	40.1	6.05	-3.12
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	52.41	17.44	1.27
Net Income, 3 Yr. CAGR %	-	-	52.41	17.44	1.27
Normalized Net Income, 3 Yr. CAGR %	-	-	52.41	17.44	3.46
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	44.75	9.1	-4.97
Accounts Receivable, 3 Yr. CAGR %	-	-	5.38	-15.05	23.83
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	70.64	211.3	-
Total Assets, 3 Yr. CAGR %	-	-	28.75	34.01	26.9
Tangible Book Value, 3 Yr. CAGR %	-	-	1.34	-0.19	29.82
Common Equity, 3 Yr. CAGR %	-	-	3.5	0.2	30.7
Cash From Operations, 3 Yr. CAGR %	-	-	-1.64	-20.69	38.1
Capital Expenditures, 3 Yr. CAGR %	-	-	269.78	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	12.86	87.8
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	14.96	74.35
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	19.83
Gross Profit, 5 Yr. CAGR %	-	-	-	-	25.44
EBITDA, 5 Yr. CAGR %	-	-	-	-	-13.08
EBITA, 5 Yr. CAGR %	-	-	-	-	-12.86
EBIT, 5 Yr. CAGR %	-	-	-	-	-12.86
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-9.06
Net Income, 5 Yr. CAGR %	-	-	-	-	-9.06
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-7.91
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-13.09
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	17.92
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	43.1
Total Assets, 5 Yr. CAGR %	-	-	-	-	21.59
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	13.36
Common Equity, 5 Yr. CAGR %	-	-	-	-	14.71
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	8.19
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	37.71