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Shareholders' equity (Tables)
12 Months Ended
Jun. 30, 2025
Disclosure of classes of share capital [abstract]  
Summary of issued and outstanding common shares As at June 30, 2025 and 2024, the Company’s issued and outstanding common shares consist of the following:
June 30,June 30,
20252024
# #
Shares issued and outstanding:  
Outstanding, beginning of the year
33,340,15933,038,367
Shares purchased and cancelled(439,741)
Shares issued upon exercise of RSUs362,492301,792
Outstanding, end of the year
33,262,91033,340,159
Summary of movement in stock option plan
The following table shows the movement in the stock option plan:
NumberWeighted
of optionsaverage price
# $
Balance, July 1, 2023
723,05113.58
Forfeited(260,705)(10.69)
Balance, June 30, 2024
462,34615.21
Expired(47,176)(11.77)
Forfeited(33,484)(15.40)
Balance, June 30, 2025
381,68615.62
Summary of information about stock options outstanding and exercisable based on exercise price range
The following table summarizes information about the stock options outstanding and exercisable at the end of each year:
June 30,June 30,
20252024
Number ofWeightedNumber ofWeighted
Number ofstock optionsaverageNumber ofstock optionsaverage
stock optionsoutstanding andremainingstock optionsoutstandingremaining
Exercise priceoutstandingexercisablecontractual lifeoutstandingand exercisablecontractual life
$7.01 - $9.00
84,120 64,510 2.00116,000 58,117 3.00
$9.01 - $12.00
62,023 62,023 0.9376,308 62,005 0.93
$12.01 - $15.00
42,000 34,143 1.7545,000 25,325 2.75
$15.01 - $18.00
104,702 104,702 1.00121,566 91,754 2.00
$18.01 - $20.00
22,856 21,468 1.0022,856 15,740 2.00
$20.01 - $27.00
65,985 65,985 0.6180,616 68,008 1.61
381,686 352,831 1.22462,346 320,949 2.08
Summary of DSUs, RSUs and PSUs granted and forfeited
The following table summarizes information about the DSUs, RSUs and PSUs granted, exercised and forfeited during the year ended June 30, 2025.
DSUPSURSUTotal
Awards outstanding July 1, 2023
66,391 130,000 130,000 326,391 
Awards granted during the year
105,695 412,300 805,200 1,323,195 
Awards exercised during the year
— — (301,792)(301,792)
Awards forfeited during the year
— (42,500)(26,251)(68,751)
Awards outstanding June 30, 2024
172,086 499,800 607,157 1,279,043 
Awards granted during the year
64,356 271,000 271,000 606,356 
Awards exercised during the year
— — (362,492)(362,492)
Awards forfeited during the year
— (82,500)(50,623)(133,123)
Awards outstanding June 30, 2025
236,442 688,300 465,042 1,389,784 
Summary of valuation allowance on stock option The key assumptions used in the Monte Carlo simulation are:
June 30June 30,
20252024
Fair value per share
$6.68
 $3.44 - $4.69
Expected volatility64.00%64.00%
Time to expiry
2.76 years
2.11 years -2.83 years
Risk-free interest rate3.42%4.40%
Summary of basic and diluted loss per share
Both the basic and diluted loss per share have been calculated using the net loss attributable to the shareholders of the Company as the numerator.
June 30,June 30,
20252024
Number of shares:  
Weighted average number of shares outstanding33,497,22333,249,889
Weighted average number of shares used in diluted earnings per share33,497,22333,249,889
Net loss$(5,010)$(8,659)
Loss per share  
Basic and diluted$(0.15)$(0.26)
Summary of Potentially diluted shares
Potentially diluted shares relating to DSUs, PSUs, RSUs, and stock options as set-out below have been excluded from the calculation of the diluted number of shares as the impact would be anti dilutive.
June 30,June 30,
20252024
DSU236,442 172,086 
PSU688,300 499,800 
RSU465,042 607,157 
Stock options381,686 462,346 
1,771,4701,741,389