Pacific Green Technologies Inc. (PGTK) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
8 THE GREEN DOVER, DE 19901 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 4955 - Hazardous Waste Management (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 MRQ | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,221 | 1,160 | 8,219 | 23,436 | 22,105 | 4,600 | |||
| Cash and cash equivalent | 4,221 | 1,160 | 6,286 | 23,436 | 21,387 | 2,863 | |||
| Short-term investments | 1,932 | 718 | 1,737 | ||||||
| Receivables | (30,100) | (98) | (828) | (1,560) | 472 | 310 | |||
| Prepaid expense | 919 | 326 | 840 | 871 | |||||
| Contract with customer, asset, after allowance for credit loss | 4,330 | 24,604 | 12,238 | ||||||
| Disposal group, including discontinued operation | 116 | ||||||||
| Intangible current assets | 4,693 | 7,100 | 11,181 | 12,575 | |||||
| Other undisclosed current assets | 32,875 | 2,369 | 10,365 | 3,841 | 3,587 | 778 | |||
| Total current assets: | 12,724 | 3,757 | 24,855 | 41,228 | 64,183 | 18,797 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,370 | 350 | 739 | 1,119 | 1,814 | ✕ | |||
| Property, plant and equipment | 710 | 849 | 1,166 | 1,230 | 1,302 | 31 | |||
| Long-term investments and receivables, including: | 3,667 | 2,735 | 2,028 | ||||||
| Long-term investments | 3,667 | ||||||||
| Other undisclosed long-term investments and receivables | 2,735 | 2,028 | |||||||
| Intangible assets, net (including goodwill) | 1,048 | 6,706 | 7,100 | 15,474 | 16,099 | 9,746 | |||
| Goodwill | 4,294 | 3,524 | |||||||
| Intangible assets, net (excluding goodwill) | 1,048 | 6,706 | 7,100 | 11,181 | 12,575 | 9,746 | |||
| Deposits noncurrent assets | 496 | ||||||||
| Customer funds | 5,832 | 4,557 | |||||||
| Deferred income tax assets | ✕ | ||||||||
| Other undisclosed noncurrent assets | 8,947 | 12,575 | 249 | 2,637 | (5,552) | 785 | |||
| Total noncurrent assets: | 15,742 | 26,809 | 13,811 | 23,195 | 15,691 | 10,563 | |||
| Other undisclosed assets | 6,352 | ||||||||
| TOTAL ASSETS: | 28,466 | 30,566 | 38,665 | 64,424 | 86,226 | 29,359 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 6,796 | 3,389 | 9,595 | 24,486 | 42,276 | 4,512 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 555 | 351 | 66 | |||
| Accounts payable | 2,894 | 693 | 757 | 3,962 | 9,611 | ||||
| Accrued liabilities | 2,227 | 2,349 | 8,568 | 20,290 | 32,600 | ||||
| Other undisclosed accounts payable and accrued liabilities | 1,675 | 347 | (285) | (117) | 4,512 | ||||
| Deferred revenue | 4,700 | ✕ | |||||||
| Debt | 578 | 30 | |||||||
| Derivative instruments and hedges, liabilities | 174 | 432 | |||||||
| Other liabilities | 1,499 | ||||||||
| Due to related parties | ✕ | ✕ | 4 | 175 | 42 | 117 | |||
| Other undisclosed current liabilities | 7,947 | 9,481 | 16,520 | 24,643 | 18,972 | ||||
| Total current liabilities: | 20,942 | 3,389 | 19,080 | 41,181 | 67,714 | 24,062 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 128 | 342 | 822 | 1,306 | |||||
| Long-term debt, excluding current maturities | 128 | ||||||||
| Other undisclosed long-term debt and lease obligation | 342 | 822 | 1,306 | ||||||
| Liabilities, other than long-term debt | 1,516 | 85 | 3,294 | ||||||
| Accounts payable and accrued liabilities | 3,294 | ||||||||
| Deferred income tax liabilities | 747 | ✕ | |||||||
| Operating lease, liability | 769 | 85 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 1,622 | ||||||||
| Total noncurrent liabilities: | 1,516 | 213 | 342 | 4,117 | 2,928 | ||||
| Other undisclosed liabilities | 12,149 | ||||||||
| Total liabilities: | 22,458 | 15,751 | 19,422 | 45,297 | 70,642 | 24,062 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,250 | (848) | 8,882 | 19,127 | 15,584 | 5,297 | |||
| Common stock | 52 | 47 | 47 | 47 | 46 | 45 | |||
| Treasury stock, value | (100) | (100) | |||||||
| Additional paid in capital | 98,023 | 93,108 | 92,429 | 92,327 | 90,653 | 90,684 | |||
| Accumulated other comprehensive income | 3,564 | 2,944 | 2,036 | 893 | 207 | 270 | |||
| Accumulated deficit | (96,389) | (96,848) | (85,530) | (74,140) | (75,321) | (85,703) | |||
| Equity, attributable to noncontrolling interest | 758 | 15,664 | 10,362 | ||||||
| Total equity: | 6,008 | 14,816 | 19,244 | 19,127 | 15,584 | 5,297 | |||
| TOTAL LIABILITIES AND EQUITY: | 28,466 | 30,566 | 38,665 | 64,424 | 86,226 | 29,359 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,546 | 7,639 | 15,439 | 61,414 | 130,139 | 2,075 | ||
| Realized investment gains | 17,420 | |||||||
| Cost of revenue | (5,854) | (5,833) | (4,557) | (39,828) | (78,566) | (1,935) | ||
| Cost of product and service sold | (5,854) | (3) | (877) | |||||
| Gross profit: | 8,692 | 1,806 | 10,882 | 21,585 | 51,572 | 140 | ||
| Operating expenses | (34,741) | (12,436) | (22,111) | (24,322) | (41,529) | (17,046) | ||
| Other undisclosed operating income | 42,332 | |||||||
| Operating income (loss): | 16,283 | (10,630) | (11,229) | (2,737) | 10,043 | (16,906) | ||
| Nonoperating income (expense) | (13,882) | (1,164) | 476 | 3,918 | 338 | (1,033) | ||
| Investment income, nonoperating | (256) | 239 | ||||||
| Gain (loss), foreign currency transaction, before tax | (1,005) | 781 | (25) | |||||
| Other nonoperating expense | (5,578) | |||||||
| Interest and debt expense | (40) | (14) | (1) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 2,401 | (11,794) | (10,752) | 1,141 | 10,367 | (17,939) | ||
| Other undisclosed income from continuing operations before income taxes | ||||||||
| Income (loss) from continuing operations before income taxes: | 2,401 | (11,794) | (10,752) | 1,141 | 10,367 | (17,939) | ||
| Income tax expense (benefit) | (2,370) | (248) | 12 | |||||
| Income (loss) from continuing operations: | 31 | (11,794) | (10,752) | 893 | 10,379 | (17,939) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (10,752) | 893 | 10,379 | (17,939) | |
| Other undisclosed net income | 288 | 2 | ||||||
| Net income (loss): | 31 | (11,794) | (10,752) | 1,181 | 10,381 | (17,939) | ||
| Net income attributable to noncontrolling interest | ||||||||
| Other undisclosed net income attributable to parent | 428 | 477 | 1 | |||||
| Net income (loss) available to common stockholders, diluted: | 459 | (11,317) | (10,752) | 1,181 | 10,381 | (17,939) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 31 | (11,794) | (10,752) | 1,181 | 10,381 | (17,939) | ||
| Other comprehensive income (loss) | 1,143 | 686 | (63) | 2 | ||||
| Comprehensive income (loss): | 31 | (11,794) | (9,610) | 1,867 | 10,318 | (17,937) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | ||||||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1,048 | 1,385 | 1 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,079 | (10,409) | (9,610) | 1,867 | 10,318 | (17,937) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.