Corporate Financial Statements
OneSoft Solutions Inc. maintained a commitment to transparency and timely financial reporting throughout its history as a publicly traded company on the TSX Venture Exchange. The company filed regular quarterly and annual financial statements in accordance with Canadian securities regulations.
Financial Reporting History
OneSoft published financial results on a quarterly basis, with management providing conference calls and webcasts to discuss performance and outlook. The company's fiscal year end changed over time, transitioning from a February year-end in earlier periods to a December year-end in later years. All financial statements were prepared in accordance with International Financial Reporting Standards (IFRS).
Revenue Growth Trajectory
OneSoft demonstrated consistent revenue growth as adoption of the CIM platform accelerated among North American pipeline operators. The company reported a 50% year-over-year revenue increase for fiscal 2020, followed by continued growth in subsequent years. By fiscal 2023, the company had achieved record annual revenues, driven by new client acquisitions, expanded usage by existing clients, and the introduction of new modules within the CIM platform.
Note Regarding Acquisition
Following the completion of the acquisition by Irth Solutions LLC (a Blackstone portfolio company) in November 2024, OneSoft Solutions' shares were delisted from the TSX Venture Exchange. Historical financial statements remain available through SEDAR+ for reference purposes.