None
SEDAR Interim Financial Statements
YEG · Price
[
{
"companyName": "Yorkton Equity Group Inc.",
"reportingPeriodEnd": "2025-09-30",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
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},
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},
"totalNonCurrentAssets": 136573557,
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"nonCurrentLiabilities": {
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},
"currentLiabilities": {
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"accountsPayableAndAccruedLiabilities": 955235,
"operatingLoan": 369427,
"dueToRelatedParty": 62425,
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"refundableSecurityDeposits": 647612
},
"totalNonCurrentLiabilities": 90709766,
"totalCurrentLiabilities": 16844220,
"totalLiabilities": 107553986,
"shareholdersEquity": {
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"contributedSurplus": 1536148,
"equityComponentOfConvertibleDebentures": 1063360,
"retainedEarnings": 14352016,
"total": 32613657
},
"totalLiabilitiesAndShareholdersEquity": 140167643,
"cashPerShare": 0.0152,
"workingCapitalPerShare": -0.1176
},
"asAt20241231": {
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},
"currentAssets": {
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"restrictedCash": 413491,
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"dueFromRelatedParty": 434755,
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},
"totalNonCurrentAssets": 135107707,
"totalCurrentAssets": 1968921,
"totalAssets": 137076628,
"nonCurrentLiabilities": {
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"convertibleDebentures": 5082547,
"deferredIncomeTaxes": 3577916
},
"currentLiabilities": {
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"accountsPayableAndAccruedLiabilities": 856499,
"operatingLoan": 0,
"dueToRelatedParty": 284733,
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"refundableSecurityDeposits": 577232
},
"totalNonCurrentLiabilities": 100167784,
"totalCurrentLiabilities": 5266871,
"totalLiabilities": 105434655,
"shareholdersEquity": {
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"total": 31641973
},
"totalLiabilitiesAndShareholdersEquity": 137076628
}
},
"incomeStatement": {
"forTheNineMonthsEnded20250930": {
"rentalRevenue": 7674319,
"directOperatingCosts": -3167801,
"netOperatingIncome": 4506518,
"financingCosts": -3696545,
"generalAndAdministration": -781671,
"depreciationAndAmortization": -12590,
"totalExpenses": -4490806,
"incomeLossBeforeOtherIncome": 15712,
"otherIncome": {
"fairValueAdjustmentOnInvestmentProperties": 1424557,
"interestIncome": 45291
},
"incomeBeforeIncomeTaxes": 1485560,
"incomeTaxExpense": -504691,
"netIncomeAndComprehensiveIncome": 980869,
"incomePerCommonShareBasicAndDiluted": 0.01,
"weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 112672636
},
"forTheNineMonthsEnded20240930": {
"rentalRevenue": 7328809,
"directOperatingCosts": -3003945,
"netOperatingIncome": 4324864,
"financingCosts": -3674274,
"generalAndAdministration": -753469,
"depreciationAndAmortization": -11579,
"totalExpenses": -4439322,
"incomeLossBeforeOtherIncome": -114458,
"otherIncome": {
"fairValueAdjustmentOnInvestmentProperties": 2868936,
"interestIncome": 12361
},
"incomeBeforeIncomeTaxes": 2766839,
"incomeTaxExpense": -533640,
"netIncomeAndComprehensiveIncome": 2233199,
"incomePerCommonShareBasicAndDiluted": 0.02,
"weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 112680574
}
},
"cashFlowStatement": {
"forTheNineMonthsEnded20250930": {
"operatingActivities": {
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"adjustmentsFor": {
"fairValueAdjustmentOnInvestmentProperties": -1424557,
"financingCosts": 3368699,
"interestAccretion": 218849,
"deferredIncomeTaxExpense": 504691,
"shareBasedCompensation": 0,
"depreciationAndAmortization": 12590,
"accruedInterestReceivable": -2384,
"accruedRentReceivable": -16052,
"restrictedCash": -43241,
"badDebtRecoveryExpense": -114976
},
"changeInNonCashOperatingWorkingCapital": 94821,
"cashProvidedByOperatingActivities": 3579309
},
"financingActivities": {
"repurchaseOfCommonSharesForCancellation": -9185,
"mortgageRepayments": -873606,
"increaseInOperatingLoan": 369427,
"proceedsFromLoanPayableToRelatedParty": 1400000,
"advancesFromRelatedParties": 470017,
"repaymentsToRelatedParties": -719700,
"interestPaid": -2788162,
"cashUsedInFinancingActivities": -2151209
},
"investingActivities": {
"improvementsToInvestmentProperties": -176814,
"acquisitionOfEquipment": 0,
"acquisitionOfIntangibleAsset": -18069,
"advancesToRelatedParties": -502073,
"repaymentsFromRelatedParties": 622492,
"cashUsedInInvestingActivities": -74464
},
"netIncreaseDecreaseInCash": 1353636,
"cashAndCashEquivalentsBeginningOfPeriod": 358771,
"cashAndCashEquivalentsEndOfPeriod": 1712407
},
"forTheNineMonthsEnded20240930": {
"operatingActivities": {
"netIncomeAndComprehensiveIncome": 2233199,
"adjustmentsFor": {
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"financingCosts": 3379750,
"interestAccretion": 192845,
"deferredIncomeTaxExpense": 533640,
"shareBasedCompensation": 34108,
"depreciationAndAmortization": 11579,
"accruedInterestReceivable": -2334,
"accruedRentReceivable": 0,
"restrictedCash": -31629,
"badDebtRecoveryExpense": 84351
},
"changeInNonCashOperatingWorkingCapital": -97526,
"cashProvidedByOperatingActivities": 3469047
},
"financingActivities": {
"repurchaseOfCommonSharesForCancellation": 0,
"mortgageRepayments": -880542,
"increaseInOperatingLoan": 0,
"proceedsFromLoanPayableToRelatedParty": 0,
"advancesFromRelatedParties": 136733,
"repaymentsToRelatedParties": -3904,
"interestPaid": -2824766,
"cashUsedInFinancingActivities": -3572479
},
"investingActivities": {
"improvementsToInvestmentProperties": -160755,
"acquisitionOfEquipment": -10000,
"acquisitionOfIntangibleAsset": -6344,
"advancesToRelatedParties": -510984,
"repaymentsFromRelatedParties": 490423,
"cashUsedInInvestingActivities": -197660
},
"netIncreaseDecreaseInCash": -301092,
"cashAndCashEquivalentsBeginningOfPeriod": 775005,
"cashAndCashEquivalentsEndOfPeriod": 473913
}
},
"investmentsAndOtherAssets": [
{
"type": "Investment",
"description": "Financial investment (not detailed in notes)",
"ownershipPercentage": null,
"value": 45550,
"notes": "Carrying value at September 30, 2025"
}
],
"shareStructure": {
"authorizedShares": "Unlimited",
"issuedShares": 112643074,
"classesOfShares": ["Common shares", "Preferred shares"],
"warrants": [
{
"number": 1488000,
"exercisePrice": 0.60,
"expiryDate": "2027-01-17"
},
{
"number": 64800,
"exercisePrice": 0.60,
"expiryDate": "2027-01-25"
}
],
"options": [
{
"number": 559905,
"exercisePrice": 0.20,
"expiryDate": "2025-11-18"
},
{
"number": 200000,
"exercisePrice": 0.20,
"expiryDate": "2029-06-10"
}
],
"rightsConvertibleInstruments": "Convertible debentures with total principal of $6,249,000, maturing from 2027 to 2029."
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"threeMonthsEnded20250930": {
"directorsFees": 7650,
"professionalFees": 18203,
"total": 25853
},
"nineMonthsEnded20250930": {
"directorsFees": 25800,
"professionalFees": 60501,
"total": 86301
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Company controlled by CEO",
"description": "Property management fees",
"amount": 371281,
"period": "nineMonthsEnded20250930"
},
{
"counterparty": "Company controlled by CEO",
"description": "Maintenance charges",
"amount": 163583,
"period": "nineMonthsEnded20250930"
},
{
"counterparty": "Company controlled by CEO",
"description": "Administrative and accounting fees",
"amount": 427893,
"period": "nineMonthsEnded20250930"
},
{
"counterparty": "Company controlled by CEO",
"description": "Loan payable",
"amount": 1400000,
"period": "2025"
}
]
},
"subsequentEvents": [
{
"eventDate": "2025-10-16",
"description": "Removed all buyer’s conditions for the acquisition of The Crystallina, a 184 unit multi-family residential complex, for $46,000,000. Paid non-refundable deposits totaling $1,000,000. A CMHC insured mortgage of approximately $44,300,000 has been approved.",
"impactValue": 46000000
},
{
"eventDate": "2025-10-20",
"description": "Paid the balance of the operating loan and closed the facility.",
"impactValue": null
},
{
"eventDate": "2025-10-20",
"description": "Cancelled 6,500 common shares that had been repurchased under the NCIB.",
"impactValue": null
},
{
"eventDate": "October 2025",
"description": "Repurchased 8,500 common shares under the NCIB at a weighted average price of $0.19 per common share for a total cost of $1,632.",
"impactValue": 1632
},
{
"eventDate": "2025-11-18",
"description": "559,905 common share purchase options with an exercise price of $0.20 per common share expired unexercised.",
"impactValue": null
}
]
}
]
More from Yorkton Equity Group Inc
May 20, 2026 · 17:31