SEDAR Interim Financial Statements

[
  {
    "companyName": "The Caldwell Partners International Inc.",
    "reportingPeriodEnd": "2025-11-30",
    "reportStatus": "Unaudited",
    "auditorName": "Ernst & Young LLP",
    "auditorKeyMatters": null,
    "balanceSheet": {
      "2025-11-30": {
        "cashAndCashEquivalents": 9554,
        "termDeposits": 8387,
        "accountsReceivable": 17576,
        "incomeTaxesReceivable": null,
        "unbilledRevenue": 9655,
        "financeLeaseReceivableCurrent": 433,
        "prepaidExpensesAndOtherAssetsCurrent": 3829,
        "totalCurrentAssets": 49434,
        "prepaidExpensesAndOtherAssetsNonCurrent": 314,
        "investments": 1594,
        "advances": 1453,
        "deferredIncomeTaxes": 6349,
        "propertyAndEquipment": 1655,
        "rightOfUseAssets": 4377,
        "financeLeaseReceivableNonCurrent": 1460,
        "intangibleAssets": 21,
        "goodwill": 11519,
        "totalAssets": 78176,
        "accountsPayable": 3899,
        "dividendPayable": 295,
        "deferredRevenue": 1607,
        "incomeTaxesPayable": 39,
        "compensationPayableCurrent": 28997,
        "leaseLiabilityCurrent": 1785,
        "totalCurrentLiabilities": 36622,
        "compensationPayableNonCurrent": 874,
        "leaseLiabilityNonCurrent": 5119,
        "totalLiabilities": 42615,
        "shareCapital": 15339,
        "contributedSurplus": 15768,
        "treasuryShares": -4,
        "accumulatedOtherComprehensiveIncome": 2513,
        "retainedEarnings": 1945,
        "totalEquity": 35561,
        "cashPerShare": 0.3244,
        "workingCapitalPerShare": 0.4349
      },
      "2025-08-31": {
        "cashAndCashEquivalents": 16436,
        "termDeposits": 4123,
        "accountsReceivable": 18637,
        "incomeTaxesReceivable": 159,
        "unbilledRevenue": 9248,
        "financeLeaseReceivableCurrent": 323,
        "prepaidExpensesAndOtherAssetsCurrent": 3568,
        "totalCurrentAssets": 52494,
        "prepaidExpensesAndOtherAssetsNonCurrent": 312,
        "investments": 1601,
        "advances": 1028,
        "deferredIncomeTaxes": 6624,
        "propertyAndEquipment": 1131,
        "rightOfUseAssets": 4623,
        "financeLeaseReceivableNonCurrent": 1562,
        "intangibleAssets": 34,
        "goodwill": 11357,
        "totalAssets": 80766,
        "accountsPayable": 3263,
        "dividendPayable": 74,
        "deferredRevenue": 3846,
        "incomeTaxesPayable": null,
        "compensationPayableCurrent": 30771,
        "leaseLiabilityCurrent": 1731,
        "totalCurrentLiabilities": 39685,
        "compensationPayableNonCurrent": 671,
        "leaseLiabilityNonCurrent": 5438,
        "totalLiabilities": 45794,
        "shareCapital": 15346,
        "contributedSurplus": 15770,
        "treasuryShares": -2,
        "accumulatedOtherComprehensiveIncome": 2201,
        "retainedEarnings": 1657,
        "totalEquity": 34972,
        "cashPerShare": 0.5561,
        "workingCapitalPerShare": 0.4334
      }
    },
    "incomeStatement": {
      "2025-11-30": {
        "revenuesProfessionalFees": 29051,
        "directExpenseReimbursements": 230,
        "totalRevenues": 29281,
        "costOfSales": 23140,
        "reimbursedDirectExpenses": 230,
        "totalCostOfSales": 23370,
        "grossProfit": 5911,
        "sellingGeneralAndAdministrative": 5055,
        "operatingProfit": 856,
        "interestExpenseOnLeaseLiability": 111,
        "investmentAndOtherIncome": -133,
        "foreignExchangeGain": -234,
        "earningsBeforeIncomeTax": 1112,
        "incomeTaxExpense": 529,
        "netEarnings": 583,
        "basicEarningsPerShare": 0.02,
        "dilutedEarningsPerShare": 0.02,
        "weightedAverageSharesOutstanding": 29457947
      },
      "2024-11-30": {
        "revenuesProfessionalFees": 21155,
        "directExpenseReimbursements": 205,
        "totalRevenues": 21360,
        "costOfSales": 16943,
        "reimbursedDirectExpenses": 205,
        "totalCostOfSales": 17148,
        "grossProfit": 4212,
        "sellingGeneralAndAdministrative": 4193,
        "operatingProfit": 19,
        "interestExpenseOnLeaseLiability": 10,
        "investmentAndOtherIncome": -121,
        "foreignExchangeGain": -466,
        "earningsBeforeIncomeTax": 505,
        "incomeTaxExpense": 40,
        "netEarnings": 465,
        "basicEarningsPerShare": 0.016,
        "dilutedEarningsPerShare": 0.016,
        "weightedAverageSharesOutstanding": 29558932
      }
    },
    "cashFlowStatement": {
      "2025-11-30": {
        "netEarnings": 583,
        "depreciationPropertyAndEquipment": 99,
        "depreciationRightOfUseAssets": 290,
        "amortizationIntangibleAssets": 14,
        "amortizationAdvances": 213,
        "interestExpenseOnLeaseLiabilities": 111,
        "interestIncomeFinanceLeaseReceivable": -8,
        "shareBasedPaymentExpense": null,
        "gainOnUnrealizedForeignExchange": -58,
        "lossesEquityAccountedAssociate": 34,
        "changesInWorkingCapital": -1918,
        "netCashUsedInOperatingActivities": -640,
        "purchaseOfPropertyAndEquipment": -610,
        "paymentOfAdvances": -896,
        "repaymentOfAdvances": null,
        "purchaseOfTermDeposits": -4237,
        "netCashUsedInInvestingActivities": -5743,
        "paymentOfLeaseLiabilities": -427,
        "paymentOfDividends": -74,
        "purchaseOfTreasuryShares": -11,
        "netCashUsedInFinancingActivities": -512,
        "effectOfExchangeRateChanges": 13,
        "netDecreaseInCash": -6882,
        "cashBeginningOfPeriod": 16436,
        "cashEndOfPeriod": 9554
      },
      "2024-11-30": {
        "netEarnings": 465,
        "depreciationPropertyAndEquipment": 106,
        "depreciationRightOfUseAssets": 327,
        "amortizationIntangibleAssets": 14,
        "amortizationAdvances": 154,
        "interestExpenseOnLeaseLiabilities": 101,
        "interestIncomeFinanceLeaseReceivable": null,
        "shareBasedPaymentExpense": 65,
        "gainOnUnrealizedForeignExchange": -311,
        "lossesEquityAccountedAssociate": 28,
        "changesInWorkingCapital": -7122,
        "netCashUsedInOperatingActivities": -6173,
        "purchaseOfPropertyAndEquipment": -46,
        "paymentOfAdvances": -240,
        "repaymentOfAdvances": 859,
        "purchaseOfTermDeposits": null,
        "netCashGeneratedFromInvestingActivities": 573,
        "paymentOfLeaseLiabilities": -432,
        "paymentOfDividends": null,
        "purchaseOfTreasuryShares": null,
        "netCashUsedInFinancingActivities": -432,
        "effectOfExchangeRateChanges": 119,
        "netDecreaseInCash": -5913,
        "cashBeginningOfPeriod": 19634,
        "cashEndOfPeriod": 13721
      }
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Equity-accounted Associate",
        "description": "Investment in IQRecruit Inc. (HootRecruit)",
        "ownershipPercentage": 21.6,
        "value": 795,
        "notes": "Voting rights limited to 20.0%. Company's share of net losses was $34 for the three months ended November 30, 2025."
      },
      {
        "type": "Convertible Promissory Note",
        "description": "Investment in HelloSky (Skyminyr, Inc.)",
        "ownershipPercentage": 4,
        "value": 699,
        "notes": "Convertible into shares of common stock upon certain events. Accrues interest at 5% per annum."
      },
      {
        "type": "Marketable Securities",
        "description": "Client equity investments obtained through search fees",
        "ownershipPercentage": null,
        "value": 100,
        "notes": "Classified as fair value through other comprehensive income."
      },
      {
        "type": "Term Deposits",
        "description": "Highly liquid cash equivalent investments",
        "ownershipPercentage": null,
        "value": 8387,
        "notes": "Presented as part of cash and cash equivalents on balance sheet."
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 29454332,
      "classesOfShares": ["Common Shares"],
      "warrants": [],
      "options": [
        {
          "number": 1365000,
          "exercisePrice": 1.37,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "2025-11-30": {
          "salariesBonusesAndShortTermBenefits": 543,
          "shareBasedCompensationExpense": 254,
          "total": 797
        },
        "2024-11-30": {
          "salariesBonusesAndShortTermBenefits": 791,
          "shareBasedCompensationExpense": 197,
          "total": 988
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-01-07",
        "description": "Board of Directors declared a dividend of $0.01 per Common Share, payable to holders of Common Shares of record on January 16, 2026, to be paid on March 13, 2026.",
        "impactValue": 295
      }
    ]
  }
]