Jewett Cameron Trading Co. Q1 2025 Filing
Ticker: JCTC · Form: 10-Q · Filed: Jan 14, 2025 · CIK: 885307
Sentiment: neutral
Topics: 10-Q, quarterly-report, building-materials
TL;DR
JCTC filed its Q1 2025 10-Q. Check financials.
AI Summary
Jewett Cameron Trading Co., Ltd. filed its quarterly report for the period ending November 30, 2024. The company, based in North Plains, Oregon, operates in the lumber and building materials retail sector. This filing covers the first quarter of their fiscal year.
Why It Matters
This filing provides investors with an update on Jewett Cameron's financial performance and operational status for the first quarter of its fiscal year.
Risk Assessment
Risk Level: low — This is a routine quarterly filing and does not appear to contain any immediately alarming information.
Key Players & Entities
- JEWETT CAMERON TRADING CO LTD (company) — Filer
- 0000885307 (company) — Central Index Key
- NORTH PLAINS, OR (location) — Business Address
- 20241130 (date) — Period of Report
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20241130, indicating the filing covers the period ending November 30, 2024.
What is the company's primary business sector?
The company's Standard Industrial Classification is RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211].
Where is Jewett Cameron Trading Co., Ltd. headquartered?
The company's business address is located at 32275 NW HILLCREST, NORTH PLAINS, OR 97133.
When was this 10-Q form filed?
The filing date (ACCESSION NUMBER) is 20250114.
What is the company's fiscal year end?
The company's fiscal year ends on 0831.
Filing Stats: 4,439 words · 18 min read · ~15 pages · Grade level 13.2 · Accepted 2025-01-14 16:15:35
Key Financial Figures
- $6,000,000 — eligible accounts but is not to exceed $6,000,000. Borrowing against the Company's invent
- $4,000,000 — eligible inventory but is not to exceed $4,000,000. The maximum total draw the Company may
Filing Documents
- jctc_10q-113024.htm (10-Q) — 553KB
- jctcf_ex31x1.htm (EX-31.1) — 8KB
- jctcf_ex31x2.htm (EX-31.2) — 8KB
- jctcf_ex32x1.htm (EX-32.1) — 4KB
- jctcf_ex32x2.htm (EX-32.2) — 4KB
- 0001079973-25-000072.txt ( ) — 3500KB
- jctc-20241130.xsd (EX-101.SCH) — 29KB
- jctc-20241130_cal.xml (EX-101.CAL) — 40KB
- jctc-20241130_def.xml (EX-101.DEF) — 74KB
- jctc-20241130_lab.xml (EX-101.LAB) — 239KB
- jctc-20241130_pre.xml (EX-101.PRE) — 198KB
- jctc_10q-113024_htm.xml (XML) — 443KB
Financial Statements
Financial Statements 3 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 19 Item 3.
Quantitative and Qualitative Disclosures about Market Risk
Quantitative and Qualitative Disclosures about Market Risk 30 Item 4.
Controls and Procedures
Controls and Procedures 30 PART II – OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 30 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 30 Item 3. Defaults Upon Senior Securities 31 Item 4. Mine Safety Disclosures 31 Item 5. Other Information 31 Item 6. Exhibits 31 2
Financial
Item 1. Financial JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED FINANCIAL (Expressed in U.S. Dollars) (Unaudited – Prepared by Management) NOVEMBER 30, 2024 3 JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED BALANCE SHEETS (Expressed in U.S. Dollars) (Prepared by Management) (Unaudited) November 30, 2024 August 31, 2024 ASSETS Current assets Cash and cash equivalents $ 3,039,391 $ 4,853,367 Accounts receivable, net of allowance of $ 0 (August 31, 2024 - $ 0 ) 4,183,710 3,668,815 Inventory, net of allowance of $ 550,000 (August 31, 2024 - $ 550,000 ) (note 3) 13,491,547 13,157,243 Asset held for sale (note 4) 566,022 566,022 Prepaid expenses 978,302 891,690 Prepaid income taxes 19,950 50,326 Total current assets 22,278,922 23,187,463 Property, plant and equipment, net (note 4) 3,806,242 3,849,800 Intangible assets, net (note 5) 112,014 112,222 Deferred tax assets (Note 6) 548,034 341,029 Total assets $ 26,745,212 $ 27,490,514 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 1,102,166 $ 1,237,988 Accrued liabilities 1,450,619 1,401,382 Total liabilities 2,552,785 2,639,370 Stockholders' equity Capital stock (notes 8, 9) Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value Issued 3,504,802 common shares (August 31, 2024 – 3,504,802 ) 826,861 826,861 Additional paid-in capital 795,726 795,726 Retained earnings 22,569,840 23,228,557 Total stockholders' equity 24,192,427 24,851,144 Total liabilities and stockholders' equity $ 26,745,212 $ 27,490,514 Subsequent event (Note 15) The accompanying notes are an integral part of these consolidated financial statements. 4 JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED STATEMENTS OF OPERATIONS (Expressed in U.S. Dollars) (Prepared by Management) (Unaudited) Three Months Ended November 30, 2024 T