NFGC (NFGC) financial statements
NFGC reported revenue of 6M CAD in fiscal 2025.
Net income was -48M CAD.
Free cash flow was -57M CAD.
The diluted share count rose 108% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions (CAD).
Income statement
Fiscal years, in CAD, from NFGC's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | 6M CAD |
| Cost of revenue | — | — | — | — | — | 6M CAD |
| Gross profit | — | — | — | — | — | 118,255 CAD |
| Selling, general and admin | 48,343 CAD | 514,553 CAD | 676,880 CAD | 856,046 CAD | 7M CAD | 12M CAD |
| Operating income | -38M CAD | -57M CAD | -89M CAD | -103M CAD | -60M CAD | -64M CAD |
| Interest expense | 3,544 CAD | 7,493 CAD | 15,988 CAD | 27,119 CAD | 25,105 CAD | — |
| Pre-tax income | — | — | — | — | -50M CAD | -48M CAD |
| Income tax | 0 CAD | 0 CAD | 0 CAD | 0 CAD | — | -394,570 CAD |
| Net income | 33M CAD | 51M CAD | 90M CAD | 80M CAD | -50M CAD | -48M CAD |
| EPS (diluted) | -0.29 CAD | -0.33 CAD | -0.54 CAD | -0.45 CAD | -0.26 CAD | -0.20 CAD |
| Diluted shares | 113M | 155M | 167M | 178M | 194M | 235M |
| Gross margin | — | — | — | — | — | 2.0% |
| Operating margin | — | — | — | — | — | -1102.0% |
| Net margin | — | — | — | — | — | -819.2% |
Balance sheet
Fiscal years, in CAD, from NFGC's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | 80M CAD | 132M CAD | 90M CAD | 57M CAD | 23M CAD | 68M CAD |
| Receivables | 2,837 CAD | — | — | — | 2M CAD | 4M CAD |
| Inventory | — | — | — | — | — | 9M CAD |
| Total current assets | 71M CAD | 137M CAD | 94M CAD | 62M CAD | 30M CAD | 84M CAD |
| Property, plant and equipment | 1M CAD | 3M CAD | 7M CAD | 8M CAD | 8M CAD | 251M CAD |
| Goodwill | — | — | — | — | — | 121M CAD |
| Total assets | 74M CAD | 148M CAD | 111M CAD | 85M CAD | 74M CAD | 536M CAD |
| Total current liabilities | 635,083 CAD | 13M CAD | 27M CAD | 19M CAD | 7M CAD | 22M CAD |
| Long-term debt | — | — | — | — | — | 503,417 CAD |
| Total liabilities | 635,083 CAD | 25M CAD | 27M CAD | 19M CAD | 7M CAD | 117M CAD |
| Shareholders' equity | 73M CAD | 123M CAD | 83M CAD | 66M CAD | 67M CAD | 419M CAD |
| Net debt | -48M CAD | -100M CAD | -82M CAD | -54M CAD | -22M CAD | -58M CAD |
Cash flow
Fiscal years, in CAD, from NFGC's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -13M CAD | -49M CAD | -74M CAD | -99M CAD | -56M CAD | -55M CAD |
| Capital spending | 1M CAD | 1M CAD | 5M CAD | 1M CAD | 625,775 CAD | 2M CAD |
| Free cash flow | -15M CAD | -50M CAD | -80M CAD | -101M CAD | -56M CAD | -57M CAD |
| Stock-based compensation | 26M CAD | 8M CAD | 8M CAD | 1M CAD | 889,045 CAD | 6M CAD |
| Net borrowing | — | — | — | — | — | -22,841 CAD |
| Free cash flow margin | — | — | — | — | — | -980.3% |
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Open NFGC in InvestinglyQuestions
What was NFGC's revenue in 2025?
6M CAD in fiscal 2025, from its 10-K filing.
How much free cash flow does NFGC generate?
-57M CAD in fiscal 2025 (operating cash flow minus capital spending).
From NFGC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.