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Consolidated Statements of Financial Position - CAD ($)
Jun. 30, 2024
Jun. 30, 2023
Current assets:    
Cash $ 5,270,405 $ 749,427
Short-term investment 920,000 6,550,000
Trade and other receivables 1,115,217 3,837,207
Unbilled revenue 666,748 7,405,866
Prepaid expenses and deposits 3,126,829 3,054,678
Inventory 6,530,650 448,721
Total current assets 17,629,849 22,045,899
Non-current liabilities:    
Property, plant and equipment [1] 3,454,923 950,133
Right-of-use assets 1,085,128 144,487
Development asset 8,909,371 1,106,503
Derivative asset 152,990
Tax equity asset 401,373
Goodwill 438,757
Intangible assets 2,001,447
Investment 5,152,023 722,515
Total non-current assets 21,596,012 2,923,638
Total assets 39,225,861 24,969,537
Current liabilities:    
Trade and other payables 4,690,261 4,713,497
Unearned revenue 4,600,491 1,150,612
Current portion of long-term debt 448,229 151,111
Loan payables 1,309,884
Tax payable 2,112,606 929,944
Current portion of lease liability 148,787 44,961
Current portion of tax equity 78,592 93,751
Total current liabilities 13,388,850 7,083,876
Long-term debt 4,379,169 759,259
Other long-term liabilities 366,369
Deferred tax liabilities 1,073,835
Lease liability 992,687 128,350
Tax equity 300,650 366,856
Total non-current liabilities 7,112,710 1,254,465
Total liabilities 20,501,560 8,338,341
Shareholders’ equity:    
Share capital 9,025,698 6,855,075
Contributed surplus 4,059,175 3,001,924
Accumulated other comprehensive income 99,681 (116,759)
Retained earnings 3,178,814 6,652,551
Equity attributable to shareholders of the company 16,363,368 16,392,791
Non-controlling interest 2,360,933 238,405
Total equity 18,724,301 16,631,196
Total liabilities and shareholders’ equity $ 39,225,861 $ 24,969,537
[1] Addition of IPP facilities for the fiscal year ended June 30, 2024 and 2023 relate to business acquisitions of OFIT GM and OFTI RT (Note 17).