Canaf Reports Financial Results for Fiscal Year 2024
Canaf Investments Inc. (TSXV: CAF) has released its Audited Financial Statements for fiscal year 2024, showing continued growth. The company reported:
- Revenue of CAN$32.72 million, a 1% year-over-year increase
- Net income after tax of CAN$2.16 million (vs CAN$2.24 million in 2023)
- Earnings per share of CAN$0.0456
- Shareholder equity increased to CAN$12.0 million from CAN$9.1 million in 2023
- Book value per share reached CAN$0.252
Despite challenging market conditions affecting Southern Coal, their main earnings driver, the company is expanding its property portfolio and has launched Canaf Capital, a new financing division. Future plans include investments in these divisions and finalizing terms for their first Canaf Agri project.
Canaf Investments Inc. (TSXV: CAF) ha pubblicato i suoi Bilanci Finanziari Auditati per l'anno fiscale 2024, mostrando una continua crescita. L'azienda ha riportato:
- Ricavi di CAN$32,72 milioni, un aumento dell'1% rispetto all'anno precedente
- Utile netto dopo le tasse di CAN$2,16 milioni (rispetto a CAN$2,24 milioni nel 2023)
- Utile per azione di CAN$0,0456
- Patrimonio netto degli azionisti aumentato a CAN$12,0 milioni rispetto a CAN$9,1 milioni nel 2023
- Valore contabile per azione raggiunto a CAN$0,252
Nonostante le difficili condizioni di mercato che influenzano Southern Coal, il loro principale motore di guadagno, l'azienda sta espandendo il proprio portafoglio immobiliare e ha lanciato Canaf Capital, una nuova divisione di finanziamento. I piani futuri includono investimenti in queste divisioni e la finalizzazione dei termini per il loro primo progetto Canaf Agri.
Canaf Investments Inc. (TSXV: CAF) ha publicado sus Estados Financieros Auditados para el año fiscal 2024, mostrando un crecimiento continuo. La empresa reportó:
- Ingresos de CAN$32,72 millones, un aumento del 1% en comparación con el año anterior
- Ingreso neto después de impuestos de CAN$2,16 millones (frente a CAN$2,24 millones en 2023)
- Beneficio por acción de CAN$0,0456
- El patrimonio neto de los accionistas aumentó a CAN$12,0 millones desde CAN$9,1 millones en 2023
- Valor contable por acción alcanzó CAN$0,252
A pesar de las desafiantes condiciones del mercado que afectan a Southern Coal, su principal motor de ganancias, la empresa está ampliando su cartera de propiedades y ha lanzado Canaf Capital, una nueva división de financiamiento. Los planes futuros incluyen inversiones en estas divisiones y la finalización de los términos para su primer proyecto Canaf Agri.
Canaf Investments Inc. (TSXV: CAF)는 2024 회계연도 감사 재무제표를 발표하며 지속적인 성장을 보여주었습니다. 회사는 다음과 같은 내용을 보고했습니다:
- 수익 CAN$32.72 백만, 전년 대비 1% 증가
- 세후 순이익 CAN$2.16 백만 (2023년의 CAN$2.24 백만 대비)
- 주당 순이익 CAN$0.0456
- 주주 자본이 2023년의 CAN$9.1 백만에서 CAN$12.0 백만으로 증가
- 주당 장부가치 CAN$0.252에 도달
주요 수익원인 Southern Coal에 영향을 미치는 어려운 시장 환경에도 불구하고, 회사는 자산 포트폴리오를 확장하고 새로운 금융 부서인 Canaf Capital을 출범했습니다. 향후 계획에는 이러한 부서에 대한 투자와 첫 번째 Canaf Agri 프로젝트의 조건을 최종화하는 것이 포함됩니다.
Canaf Investments Inc. (TSXV: CAF) a publié ses états financiers audités pour l'exercice 2024, montrant une croissance continue. L'entreprise a rapporté :
- Un chiffre d'affaires de CAN$32,72 millions, soit une augmentation de 1 % par rapport à l'année précédente
- Un bénéfice net après impôts de CAN$2,16 millions (contre CAN$2,24 millions en 2023)
- Un bénéfice par action de CAN$0,0456
- Les capitaux propres des actionnaires ont augmenté à CAN$12,0 millions contre CAN$9,1 millions en 2023
- La valeur comptable par action a atteint CAN$0,252
Malgré des conditions de marché difficiles affectant Southern Coal, leur principal moteur de revenus, l'entreprise élargit son portefeuille immobilier et a lancé Canaf Capital, une nouvelle division de financement. Les projets futurs incluent des investissements dans ces divisions et la finalisation des termes pour leur premier projet Canaf Agri.
Canaf Investments Inc. (TSXV: CAF) hat ihre geprüften Finanzberichte für das Geschäftsjahr 2024 veröffentlicht und zeigt ein kontinuierliches Wachstum. Das Unternehmen berichtete:
- Einnahmen von CAN$32,72 Millionen, ein Anstieg um 1% im Vergleich zum Vorjahr
- Nettoeinkommen nach Steuern von CAN$2,16 Millionen (gegenüber CAN$2,24 Millionen im Jahr 2023)
- Gewinn pro Aktie von CAN$0,0456
- Das Eigenkapital der Aktionäre stieg auf CAN$12,0 Millionen von CAN$9,1 Millionen im Jahr 2023
- Buchwert pro Aktie erreichte CAN$0,252
Trotz herausfordernder Marktbedingungen, die Southern Coal, dem Haupttreiber der Einnahmen, betreffen, erweitert das Unternehmen sein Immobilienportfolio und hat Canaf Capital, eine neue Finanzierungsabteilung, ins Leben gerufen. Zukünftige Pläne umfassen Investitionen in diese Abteilungen und die Finalisierung der Bedingungen für ihr erstes Canaf Agri-Projekt.
- Revenue grew 1% YoY to CAN$32.72M
- Shareholder equity increased 31.9% to CAN$12.0M
- Maintained strong profitability with CAN$2.16M net income
- Business diversification through new financing division
- Net income declined 3.6% YoY from CAN$2.24M to CAN$2.16M
- Challenging market conditions affecting main business unit Southern Coal
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Canaf Investments Inc. (TSXV: CAF) ("Canaf") the Canada-registered Corporation, is pleased to announce the release of its Audited Financial Statements and Management Discussion and Analysis for the year ended October 31, 2024, reporting continued growth in revenue and shareholder equity.
For the year, Canaf achieved revenue of CAN
As of October 31, 2024, Canaf's shareholder equity rose to CAN
Christopher Way, CEO of Canaf, commented: "Despite challenging market conditions during the year affecting Southern Coal, Canaf has once again demonstrated resilience, delivering consecutive years of strong financial performance. Southern Coal remains our primary earnings driver, but we have made significant strides in expanding our property portfolio and launching our new financing division, Canaf Capital. Looking ahead to 2025, we plan to further invest in these divisions while also finalising terms for our first project under Canaf Agri. Our long-term vision remains being focused on building a diversified and sustainable South African based business that generates real value for our shareholders."
For more details and discussion on the results, the Financial Statements and Management Discussion and Analysis can be viewed on www.sedarplus.ca or the Company's website, www.canafinvestments.com.
About Canaf
Canaf is a public company listed on the TSX-V Exchange. Canaf's registered office is in Vancouver, Canada, with offices in the United Kingdom and South Africa. Canaf owns
Forward-Looking Statements
Certain information regarding Canaf contained herein may constitute forward-looking statements. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Canaf believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Canaf is under no obligation to update or alter any forward-looking statement. These risks include operational, political, currency and geological risks and the ability of Canaf to raise or obtain funds for its operations. Canaf's forward-looking statements are expressly qualified in their entirety by this cautionary statement.
UK Office
Christopher Way
Canaf Investments Inc.
E: info@canafinvestments.com
W: www.canafinvestments.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242767
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