Accord Financial Corp.
Accord Financial Corp. (ACD.TO) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Accord Financial Corp. (ACD.TO), featuring income statements, balance sheets, and cash flow data.
Accord Financial Corp. (ACD.TO) Income Statement & Financial Overview
View the income breakdown for Accord Financial Corp. ACD.TO across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $15.51M | $21.22M | $21.21M | $19.96M |
| Cost of Revenue | $10.06M | $15.43M | $13.67M | $182000.00 |
| Gross Profit | $5.45M | $21.10M | $21.02M | $19.77M |
| Gross Profit Ratio | $0.35 | $0.99 | $0.99 | $0.99 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $7.50M | $7.75M | $7.87M | $8.16M |
| Operating Expenses | $7.62M | $7.75M | $12.22M | $8.34M |
| Total Costs & Expenses | $17.68M | $7.80M | $12.22M | $8.53M |
| Interest Income | $12.74M | $14.91M | $16.95M | $17.83M |
| Interest Expense | $7.46M | $7.70M | $8.99M | $9.37M |
| Depreciation & Amortization | $122000.00 | $116000.00 | $188000.00 | $182000.00 |
| EBITDA | -$2.05M | $5.73M | -$322000.00 | $8.45M |
| EBITDA Ratio | -$0.13 | $0.27 | -$0.02 | $0.42 |
| Operating Income | -$2.17M | $5.73M | $0.00 | $8.45M |
| Operating Income Ratio | -$0.14 | $0.27 | $0.00 | $0.42 |
| Other Income/Expenses (Net) | $0.00 | -$7.81M | -$510000.00 | -$9.55M |
| Income Before Tax | -$2.17M | -$2.08M | -$510000.00 | -$1.10M |
| Income Before Tax Ratio | -$0.14 | -$0.10 | -$0.02 | -$0.06 |
| Income Tax Expense | -$691000.00 | -$1.15M | $99000.00 | $216000.00 |
| Net Income | -$1.35M | -$1.85M | -$772000.00 | -$1.15M |
| Net Income Ratio | -$0.09 | -$0.09 | -$0.04 | -$0.06 |
| EPS | -$0.16 | -$0.22 | -$0.09 | -$0.13 |
| Diluted EPS | -$0.16 | -$0.22 | -$0.09 | -$0.13 |
| Weighted Avg Shares Outstanding | $8.41M | $8.57M | $8.58M | $8.84M |
| Weighted Avg Shares Outstanding (Diluted) | $8.41M | $8.57M | $8.58M | $8.84M |
The company's financials show resilient growth, with revenue advancing from $19.96M in Q2 2024 to $15.51M in Q1 2025. Gross profit remained healthy with margins at 35% in Q1 2025 compared to 99% in Q2 2024. Operating income hit -$2.17M last quarter, sustaining a consistent -14% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$2.05M. Net income rose to -$1.35M, while earnings per share reached -$0.16. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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