None
SEDAR Interim Financial Statements
TCS · Price
[
{
"companyName": "Tecsys Inc.",
"reportingPeriodEnd": "2026-01-31",
"reportStatus": "Unaudited",
"auditorName": "KPMG LLP",
"auditorKeyMatters": [],
"balanceSheet": {
"assets": {
"currentAssets": {
"cashAndCashEquivalents": { "current": 24237, "previous": 27580 },
"shortTermInvestments": { "current": 11993, "previous": 11712 },
"accountsReceivable": { "current": 22729, "previous": 23943 },
"workInProgress": { "current": 4068, "previous": 7436 },
"otherReceivables": { "current": 936, "previous": 274 },
"taxCredits": { "current": 5285, "previous": 6390 },
"inventory": { "current": 1667, "previous": 1870 },
"prepaidExpensesAndOther": { "current": 11171, "previous": 10699 }
},
"totalCurrentAssets": { "current": 82086, "previous": 89904 },
"nonCurrentAssets": {
"otherLongTermReceivablesAndAssets": { "current": 3221, "previous": 1457 },
"taxCredits": { "current": 8099, "previous": 6120 },
"propertyAndEquipment": { "current": 4735, "previous": 1164 },
"rightOfUseAssets": { "current": 2506, "previous": 836 },
"contractAcquisitionCosts": { "current": 4945, "previous": 5017 },
"deferredDevelopmentCosts": { "current": 4551, "previous": 3838 },
"otherIntangibleAssets": { "current": 7942, "previous": 6726 },
"goodwill": { "current": 18006, "previous": 17827 },
"deferredTaxAssets": { "current": 6876, "previous": 7521 }
},
"totalNonCurrentAssets": { "current": 60881, "previous": 50506 },
"totalAssets": { "current": 142967, "previous": 140410 }
},
"liabilities": {
"currentLiabilities": {
"accountsPayableAndAccruedLiabilities": { "current": 23477, "previous": 22367 },
"deferredRevenue": { "current": 45017, "previous": 45025 },
"leaseObligations": { "current": 415, "previous": 590 }
},
"totalCurrentLiabilities": { "current": 68909, "previous": 67982 },
"nonCurrentLiabilities": {
"otherLongTermAccruedLiabilities": { "current": 12, "previous": 33 },
"deferredTaxLiabilities": { "current": 202, "previous": 405 },
"leaseObligations": { "current": 4884, "previous": 728 }
},
"totalNonCurrentLiabilities": { "current": 5086, "previous": 1166 },
"totalLiabilities": { "current": 73995, "previous": 69148 }
},
"equity": {
"shareCapital": { "current": 57426, "previous": 57573 },
"contributedSurplus": { "current": 797, "previous": 4755 },
"retainedEarnings": { "current": 8122, "previous": 7700 },
"accumulatedOtherComprehensiveIncome": { "current": 2627, "previous": 1234 }
},
"totalEquity": { "current": 68972, "previous": 71262 },
"cashPerShare": 1.6490,
"workingCapitalPerShare": 0.8967
},
"incomeStatement": {
"revenue": {
"saas": { "current": 20131, "previous": 17252 },
"maintenanceAndSupport": { "current": 7752, "previous": 8142 },
"professionalServices": { "current": 14976, "previous": 13920 },
"license": { "current": 595, "previous": 212 },
"hardware": { "current": 5042, "previous": 5655 }
},
"totalRevenue": { "current": 48496, "previous": 45181 },
"costOfRevenue": { "current": 23895, "previous": 23907 },
"grossProfit": { "current": 24601, "previous": 21274 },
"operatingExpenses": {
"salesAndMarketing": { "current": 9821, "previous": 9053 },
"generalAndAdministration": { "current": 3521, "previous": 3096 },
"researchAndDevelopmentNetOfTaxCredits": { "current": 8077, "previous": 7114 }
},
"totalOperatingExpenses": { "current": 21419, "previous": 19263 },
"profitFromOperations": { "current": 3182, "previous": 2011 },
"otherCostsIncome": { "current": -144, "previous": -7 },
"profitBeforeIncomeTaxes": { "current": 3038, "previous": 2004 },
"incomeTaxExpense": { "current": 1304, "previous": 811 },
"netProfit": { "current": 1734, "previous": 1193 },
"basicEarningsPerShare": { "current": 0.12, "previous": 0.08 },
"dilutedEarningsPerShare": { "current": 0.12, "previous": 0.08 }
},
"cashFlowStatement": {
"operatingActivities": {
"netProfit": { "current": 1734, "previous": 1193 },
"adjustmentsFor": {
"depreciationOfPropertyAndEquipmentAndRightOfUseAssets": { "current": 401, "previous": 376 },
"amortizationOfDeferredDevelopmentCosts": { "current": 275, "previous": 190 },
"amortizationOfOtherIntangibleAssets": { "current": 528, "previous": 322 },
"interestExpenseIncomeAndForeignExchangeLoss": { "current": 144, "previous": 7 },
"unrealizedForeignExchangeAndOther": { "current": -591, "previous": 516 },
"nonRefundableTaxCredits": { "current": -833, "previous": -1008 },
"stockBasedCompensation": { "current": 826, "previous": 775 },
"incomeTaxes": { "current": 1121, "previous": 34 }
},
"netCashFromOperatingActivitiesExcludingChangesInNonCashWorkingCapitalItems": { "current": 3605, "previous": 2405 },
"changesInNonCashWorkingCapitalItems": { "current": 8434, "previous": 4402 },
"netCashProvidedByOperatingActivities": { "current": 12039, "previous": 6807 }
},
"financingActivities": {
"paymentOfLeaseObligations": { "current": -112, "previous": -205 },
"paymentOfDividends": { "current": -1323, "previous": -1251 },
"interestPaid": { "current": -6, "previous": -18 },
"issuanceOfCommonSharesOnExerciseOfStockOptions": { "current": 181, "previous": 971 },
"sharesRepurchasedAndCancelled": { "current": -3702, "previous": -1679 },
"netCashUsedInFinancingActivities": { "current": -4962, "previous": -2182 }
},
"investingActivities": {
"interestReceived": { "current": 1, "previous": 32 },
"transfersFromShortTermInvestments": { "current": 0, "previous": 0 },
"acquisitionsOfPropertyAndEquipment": { "current": -774, "previous": -88 },
"acquisitionOfIntangibleAssets": { "current": 0, "previous": 0 },
"deferredDevelopmentCosts": { "current": -627, "previous": -447 },
"netCashUsedInProvidedByInvestingActivities": { "current": -1400, "previous": -503 }
},
"netIncreaseDecreaseInCashAndCashEquivalents": { "current": 5677, "previous": 4122 }
},
"investmentsAndOtherAssets": [],
"shareStructure": {
"authorizedShares": null,
"issuedShares": 14639829,
"classesOfShares": ["Common Shares"],
"warrants": [],
"options": [
{ "number": 2000, "exercisePrice": 60.62, "expiryDate": "2026-02-24" },
{ "number": 131507, "exercisePrice": 40.34, "expiryDate": "2026-06-29" },
{ "number": 166294, "exercisePrice": 34.91, "expiryDate": "2027-06-29" },
{ "number": 3500, "exercisePrice": 28.55, "expiryDate": "2027-09-26" },
{ "number": 3000, "exercisePrice": 26.88, "expiryDate": "2028-03-01" },
{ "number": 245369, "exercisePrice": 25.48, "expiryDate": "2028-06-29" },
{ "number": 5848, "exercisePrice": 33.52, "expiryDate": "2028-11-30" },
{ "number": 243935, "exercisePrice": 33.23, "expiryDate": "2029-06-27" },
{ "number": 11076, "exercisePrice": 42.02, "expiryDate": "2029-09-05" },
{ "number": 242245, "exercisePrice": 40.47, "expiryDate": "2030-06-26" }
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"threeMonthsEndedJan312026": {
"salariesIncludingBonus": 1717,
"otherShortTermBenefits": 54,
"paymentsToDefinedContributionPlans": 56
},
"threeMonthsEndedJan312025": {
"salariesIncludingBonus": 1490,
"otherShortTermBenefits": 62,
"paymentsToDefinedContributionPlans": 44
}
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Key management and other management employees",
"description": "Interest-free loans to facilitate purchase of common shares",
"amount": 674,
"period": "Nine months ended January 31, 2026"
}
]
},
"subsequentEvents": [
{
"eventDate": "2026-03-04",
"description": "Dividend declared of $0.09 per share to be paid on April 15, 2026 to shareholders of record on March 25, 2026.",
"impactValue": null
},
{
"eventDate": "2026-02-01",
"description": "Workforce reduction of approximately 7% across multiple functions, expected severance charges of $4.5 million.",
"impactValue": 4500000
}
]
}
]
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Jun 29, 2026 · 17:09