Report of foreign issuer [Rules 13a-16 and 15d-16]

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS) (UNAUDITED)

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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - CAD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Profit or loss [abstract]        
Revenue $ 12,696 $ 14,750 $ 25,196 $ 26,813
Cost of revenue 9,271 13,906 18,323 24,190
Gross profit 3,425 844 6,873 2,623
Selling and marketing expenses 1,289 1,481 2,562 3,773
General and administrative expenses 2,482 2,163 4,491 4,495
Share-based compensation 4 88 12 120
Other expenses 0 (19) 0 2,734
Total operating expenses 3,775 3,713 7,065 11,122
Operating loss (350) (2,869) (192) (8,499)
Finance income 1,886 35 2,070 21
Finance expenses (1,756) (1,461) (1,952) (1,948)
Finance income (expenses), net 130 (1,426) 118 (1,927)
Loss before tax benefit (220) (4,295) (74) (10,426)
Tax benefit (26) (839) (55) (950)
Net loss (194) (3,456) [1] (19) (9,476) [1]
Other comprehensive income that will not be reclassified to profit or loss in subsequent periods:        
Remeasurement gain on defined benefit plan 13 0 [1] 48 67 [1]
Other comprehensive income (loss) that will be reclassified to profit or loss in subsequent periods:        
Adjustments arising from translating financial statements of foreign operations (1,288) 196 [1] (1,479) 1,491 [1]
Total other comprehensive income (loss) (1,275) 196 [1] (1,431) 1,558 [1]
Total comprehensive loss (1,469) (3,260) [1] (1,450) (7,918) [1]
Net income (loss) attributable to:        
Shareholders of the Company (309) (3,029) [1] (34) (8,652) [1]
Non-controlling interests 115 (427) [1] 15 (824) [1]
Net Loss (194) (3,456) [1] (19) (9,476) [1]
Total comprehensive income (loss) attributable to:        
Shareholders of the Company (1,601) (2,840) [1] (1,528) (7,101) [1]
Non-controlling interests 132 (420) [1] 78 (817) [1]
Total comprehensive loss $ (1,469) $ (3,260) [1] $ (1,450) $ (7,918) [1]
Net loss per share attributable to shareholders of the Company:        
Basic net loss per share (in CAD) $ (0.09) $ (1.36) [1] $ (0.01) $ (3.88) [1]
Diluted net loss per share (in CAD) $ (0.09) $ (1.36) [1] $ (0.05) $ (3.88) [1]
[1] Loss per share includes the effect of Reverse Share Split (see also Note 5A below).