NASDAQ : NUR
Nuran Wireless Inc. — Financial statements
United States
Last price 0.6801 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 8.97M
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Financial statements
Nuran Wireless Inc. (NUR) reported revenue of 3.00M CAD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.00M | 4.17M | 4.36M | 3.20M | 4.87M | 1.83M |
| Cost of Revenue | 2.75M | 3.37M | 2.23M | 2.66M | 2.84M | 1.62M |
| Gross Profit | 253.25K | 797.45K | 2.14M | 543.82K | 2.04M | 207.91K |
| Selling, General & Admin | 7.96M | 6.47M | 7.60M | 8.29M | 8.95M | 6.25M |
| Research & Development | 1.17M | 1.07M | 675.68K | 478.89K | 302.39K | 324.38K |
| Other Operating Expenses | -820.70K | -820.70K | ||||
| Operating Expenses | 9.05M | 6.76M | 8.28M | 8.78M | 10.43M | 11.58M |
| Operating Income | -8.79M | -5.96M | -6.14M | -8.23M | -8.40M | -11.38M |
| Interest Expense | -5.20M | -8.04M | -3.65M | -3.04M | -1.10M | -424.69K |
| Currency Exchange Gain (Loss) | -141.21K | -141.21K | 1.13M | -338.60K | 138.24K | 22.50K |
| Other Non Operating Income (Expenses) | 28.92K | 28.92K | -78.85K | -222.50K | -71.87K | -25.21K |
| EBT Excluding Unusual Items | -14.10M | -14.11M | -8.74M | -11.83M | -9.43M | -11.80M |
| Gain (Loss) on Sale of Assets | -757.00 | -16.08K | ||||
| Asset Writedown | -44.24K | -94.63K | ||||
| Other Unusual Items | -6.55M | -7.17M | 222.59K | -472.80K | -459.40K | -289.08K |
| Pretax Income | -20.65M | -21.33M | -8.61M | -12.31M | -9.89M | -12.11M |
| Income Tax Expense | 91.54K | 106.57K | 144.89K | 15.76K | 488.00 | -1.21M |
| Net Income | -20.74M | -21.44M | -8.76M | -12.32M | -9.89M | -10.90M |
| Net Income to Common | -20.74M | -21.44M | -8.76M | -12.32M | -9.89M | -10.90M |
| Shares Outstanding (Basic) | 7.02M | 590.52K | 179.44K | 128.83K | 111.43K | 73.72K |
| Shares Outstanding (Diluted) | 7.02M | 590.52K | 179.44K | 128.83K | 111.43K | 73.72K |
| EPS (Basic) | -2.96 | -36.30 | -48.80 | -95.65 | -88.78 | -147.88 |
| EPS (Diluted) | -2.96 | -36.30 | -48.80 | -96.00 | -90.00 | -149.14 |
| Free Cash Flow | -5.59M | -5.99M | -6.26M | -8.80M | -6.93M | -9.13M |
| Free Cash Flow Per Share | -0.80 | -10.15 | -34.87 | -68.31 | -62.23 | -123.85 |
| Gross Margin | 8.43% | 19.13% | 48.98% | 17.00% | 41.80% | 11.35% |
| Operating Margin | -292.86% | -143.04% | -140.73% | -257.35% | -172.34% | -620.94% |
| Profit Margin | -690.83% | -514.28% | -200.62% | -385.18% | -203.05% | -594.97% |
| Free Cash Flow Margin | -186.13% | -143.82% | -143.36% | -275.08% | -142.32% | -498.27% |
| EBITDA | -8.50M | -5.79M | -6.06M | -8.09M | -8.30M | -11.32M |
| EBITDA Margin | -283.10% | -138.96% | -138.78% | -252.82% | -170.46% | |
| D&A For EBITDA | 292.90K | 170.25K | 84.98K | 144.91K | 91.77K | 54.56K |
| EBIT | -8.79M | -5.96M | -6.14M | -8.23M | -8.40M | -11.38M |
| EBIT Margin | -292.86% | -143.04% | -140.73% | -257.35% | -172.34% |
Balance sheet
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 388.72K | 4.67M | 1.17M | 172.88K | 183.40K | 731.19K |
| Cash & Short-Term Investments | 388.72K | 4.67M | 1.17M | 172.88K | 183.40K | 731.19K |
| Accounts Receivable | 6.95M | 4.41M | 6.22M | 5.29M | 5.61M | 1.33M |
| Other Receivables | 61.18K | 2.17M | 1.64M | 977.62K | 328.78K | 705.27K |
| Receivables | 7.09M | 6.65M | 7.86M | 6.27M | 5.93M | 2.04M |
| Inventory | 6.39M | 6.39M | 5.72M | 5.14M | 4.91M | 5.35M |
| Prepaid Expenses | 75.79K | 59.35K | 52.90K | 43.36K | 39.61K | 19.44K |
| Other Current Assets | 1.37M | 1.31M | 1.32M | 825.80K | 251.84K | 83.68K |
| Total Current Assets | 15.32M | 19.08M | 16.13M | 12.45M | 11.32M | 8.23M |
| Property, Plant & Equipment | 4.15M | 3.45M | 420.35K | 762.14K | 865.46K | 943.05K |
| Other Intangible Assets | 7.37M | 7.47M | 7.33M | 7.00M | 6.55M | 5.86M |
| Other Long-Term Assets | -1.00 | 1.00 | 1.00 | |||
| Total Assets | 26.84M | 30.00M | 23.88M | 20.21M | 18.74M | 15.04M |
| Accounts Payable | 10.69M | 8.83M | 10.31M | 8.87M | 5.86M | 1.70M |
| Accrued Expenses | 1.58M | 818.59K | 671.14K | 634.97K | 496.69K | |
| Short-Term Debt | 14.21M | 12.38M | 21.18M | 13.54M | 5.98M | |
| Current Portion of Leases | 35.00K | 92.58K | 189.90K | 233.82K | 197.06K | 136.03K |
| Current Unearned Revenue | 1.22M | 1.15M | 2.52M | 1.49M | 1.23M | 1.73M |
| Other Current Liabilities | 38.81K | 209.48K | 280.14K | 239.07K | 367.77K | |
| Total Current Liabilities | 26.16M | 24.08M | 35.23M | 25.08M | 14.14M | 4.43M |
| Long-Term Leases | 462.87K | 323.21K | 66.74K | 293.77K | 405.52K | 559.11K |
| Other Long-Term Liabilities | 1.00 | 1.00 | ||||
| Total Liabilities | 26.62M | 24.40M | 35.30M | 25.38M | 14.55M | 4.99M |
| Common Stock | 86.65M | 86.61M | 54.99M | 51.41M | 46.95M | 45.14M |
| Additional Paid-In Capital | 7.56M | 7.56M | 6.73M | 6.62M | 9.11M | 6.73M |
| Retained Earnings | -98.86M | -94.23M | -72.80M | -64.04M | -51.72M | -41.83M |
| Comprehensive Income & Other | 4.87M | 5.66M | -344.97K | 837.09K | -148.22K | |
| Shareholders' Equity | 219.73K | 5.60M | -11.42M | -5.17M | 4.19M | 10.05M |
| Total Liabilities & Equity | 26.84M | 30.00M | 23.88M | 20.21M | 18.74M | 15.04M |
| Total Debt | 14.71M | 12.79M | 21.44M | 14.07M | 6.59M | 695.14K |
| Net Cash (Debt) | -14.32M | -8.13M | -20.27M | -13.89M | -6.40M | 36.05K |
| Net Cash Per Share | -2.04 | -13.76 | -112.94 | -107.85 | -57.47 | 0.49 |
| Filing Date Shares Outstanding | 13.19M | 13.07M | 195.65K | 143.48K | 116.69K | 108.07K |
| Total Common Shares Outstanding | 13.08M | 13.07M | 195.65K | 143.48K | 116.69K | 108.07K |
| Working Capital | -10.84M | -5.00M | -19.10M | -12.64M | -2.82M | 3.80M |
| Book Value Per Share | 0.02 | 0.43 | -58.36 | -36.02 | 35.88 | 92.97 |
| Tangible Book Value | -7.15M | -1.88M | -18.75M | -12.17M | -2.36M | 4.18M |
| Tangible Book Value Per Share | -0.55 | -0.14 | -95.83 | -84.80 | -20.24 | 38.71 |
| Machinery | 3.38M | 2.62M | 1.11M | 1.12M | 1.06M | 934.28K |
| Leasehold Improvements | 8.99K | 8.99K | 8.99K | 7.73K | 7.73K | 7.73K |
Cash flow statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -20.74M | -21.44M | -8.76M | -12.32M | -9.89M | -10.90M |
| Depreciation & Amortization | 474.08K | 355.89K | 295.25K | 370.77K | 313.29K | 143.69K |
| Other Amortization | 13.12K | 50.14K | 24.25K | 35.84K | 141.14K | 112.16K |
| Loss (Gain) From Sale of Assets | 757.00 | -25.50K | 16.08K | |||
| Asset Writedown & Restructuring Costs | 44.24K | 94.63K | ||||
| Stock-Based Compensation | 691.92K | 84.72K | 1.52M | 5.81M | ||
| Provision & Write-off of Bad Debts | 95.62K | 298.20K | -12.30K | |||
| Other Operating Activities | 9.35M | 9.47M | 3.44M | 3.21M | 744.67K | -547.93K |
| Change in Accounts Receivable | 1.47M | 1.30M | -2.47M | -802.95K | -3.89M | -1.25M |
| Change in Inventory | -131.33K | -941.29K | -460.33K | 124.55K | 441.25K | -3.45M |
| Change in Accounts Payable | 6.61M | 9.28M | 1.04M | 917.54K | 4.54M | 1.55M |
| Change in Unearned Revenue | -1.57M | -1.37M | 1.03M | 253.52K | -498.85K | -382.94K |
| Change in Other Net Operating Assets | -52.98K | -13.34K | -468.86K | -445.88K | -194.03K | -165.49K |
| Operating Cash Flow | -3.80M | -2.96M | -6.22M | -8.58M | -6.80M | -9.06M |
| Capital Expenditures | -1.79M | -3.04M | -35.77K | -216.72K | -134.40K | -69.05K |
| Sale of Property, Plant & Equipment | 8.97K | 38.91K | ||||
| Sale (Purchase) of Intangibles | -319.88K | -234.08K | -357.43K | -486.20K | -826.26K | -371.58K |
| Other Investing Activities | -1.00 | -1.00 | -107.91K | |||
| Investing Cash Flow | -2.11M | -3.27M | -393.21K | -693.95K | -1.07M | -401.72K |
| Short-Term Debt Issued | 10.89M | 6.84M | 1.10M | |||
| Long-Term Debt Issued | 630.00K | 13.40M | 1.91M | |||
| Total Debt Issued | 8.63M | 10.89M | 7.47M | 14.49M | 1.91M | |
| Short-Term Debt Repaid | -809.42K | -75.00K | -2.24M | |||
| Long-Term Debt Repaid | -257.62K | -229.53K | -1.78M | -257.77K | ||
| Lease Payments | -293.44K | -257.62K | -229.53K | -276.64K | -257.77K | -106.60K |
| Total Debt Repaid | -126.61K | -257.62K | -1.04M | -1.85M | -2.49M | -106.60K |
| Net Debt Issued (Repaid) | 8.50M | 10.63M | 6.43M | 12.64M | -586.86K | -106.60K |
| Issuance of Common Stock | 402.50K | 10.28M | ||||
| Other Financing Activities | -847.14K | -697.14K | 1.26M | -3.57M | 7.50M | -139.24K |
| Financing Cash Flow | 7.66M | 9.94M | 7.68M | 9.08M | 7.32M | 10.03M |
| Foreign Exchange Rate Adjustments | -1.47M | -213.48K | -70.88K | 191.35K | -168.79K | |
| Miscellaneous Cash Flow Adjustments | -1.00 | -1.00 | 1.00 | |||
| Net Cash Flow | 275.61K | 3.49M | 998.68K | -10.52K | -716.58K | 571.66K |
| Free Cash Flow | -5.59M | -5.99M | -6.26M | -8.80M | -6.93M | -9.13M |
| Free Cash Flow Margin | -186.13% | -143.82% | -143.36% | -275.08% | -142.32% | -498.27% |
| Free Cash Flow Per Share | -0.80 | -10.15 | -34.87 | -68.31 | -62.23 | -123.85 |
| Levered Free Cash Flow | -13.80M | -13.32M | -5.60M | -5.05M | -4.89M | |
| Unlevered Free Cash Flow | -10.29M | -8.30M | -3.32M | -3.15M | -4.21M | |
| Free Cash Flow After Leases | -5.88M | -6.25M | -6.49M | -9.08M | -7.19M | -9.24M |
| Cash Interest Paid | 53.49K | |||||
| Change in Working Capital | 6.32M | 8.26M | -1.32M | 46.78K | 398.05K | -3.70M |
Ratios
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.24M | 46.29M | 2.88M | 3.52M | 12.95M | 32.20M |
| Enterprise Value | 19.32M | 63.39M | 18.22M | 12.81M | 16.77M | 29.97M |
| Last Close Price | 0.70 | 4.29 | 14.72 | 24.53 | 110.97 | 304.50 |
| PS Ratio | 4.37 | 15.23 | 0.95 | 1.45 | 3.60 | 22.24 |
| PB Ratio | 59.20 | 11.34 | -0.36 | -0.90 | 4.19 | 4.05 |
| P/TBV Ratio | 9.74 | |||||
| EV/Sales Ratio | 9.14 | 20.85 | 6.01 | 5.29 | 4.66 | 20.70 |
| Debt / Equity Ratio | 66.94 | 2.29 | -1.88 | -2.72 | 1.57 | 0.07 |
| Net Debt / Equity Ratio | 65.17 | 1.45 | -1.77 | -2.69 | 1.53 | -0.00 |
| Net Debt / EBITDA Ratio | -1.69 | -1.40 | -3.35 | -1.72 | -0.77 | 0.00 |
| Net Debt / FCF Ratio | -2.56 | -1.35 | -3.24 | -1.58 | -0.92 | 0.00 |
| Asset Turnover | 0.11 | 0.15 | 0.20 | 0.16 | 0.29 | |
| Inventory Turnover | 0.42 | 0.56 | 0.41 | 0.53 | 0.55 | |
| Quick Ratio | 0.28 | 0.47 | 0.26 | 0.26 | 0.43 | 0.63 |
| Current Ratio | 0.59 | 0.79 | 0.46 | 0.50 | 0.80 | 1.86 |
| Return on Equity (ROE) | -138.99% | |||||
| Return on Assets (ROA) | -20.95% | -13.83% | -17.41% | -26.42% | -31.08% | |
| Return on Capital Employed (ROCE) | -1,288.20% | -100.70% | 54.10% | 168.90% | -182.80% | -107.30% |
| Earnings Yield | -297.31% | -33.77% | -211.37% | -265.16% | -56.44% | -26.76% |
| FCF Yield | -43.32% | -9.45% | -151.05% | -189.37% | -39.56% | -22.41% |
| Buyback Yield / Dilution | -3,214.61% | -229.09% | -39.29% | -15.62% | -51.15% | -7.92% |