4Front Ventures Corp. (CSE: FFNT)

4Front Ventures Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.42	3.4	14.27	22.58	18.93	5.79
Cash & Short-Term Investments	2.42	3.4	14.27	22.58	18.93	5.79
Cash Growth	-54.69%	-76.19%	-36.80%	19.27%	227.03%	303.41%
Accounts Receivable	9.11	7.67	9.26	5.58	3.89	10.15
Other Receivables	1.6	0.74	0.09	0.29	1.34	0.41
Receivables	10.72	8.41	9.35	5.97	5.49	12.43
Inventory	17.56	17.09	18.89	20.09	18.04	9.83
Prepaid Expenses	1.86	2.92	1.02	2.23	2.28	2.2
Other Current Assets	3.5	2.1	9.74	-	-	-
Total Current Assets	36.06	33.91	53.27	50.87	44.74	30.24
Property, Plant & Equipment	169.9	155.06	156.34	143.15	96.08	62.58
Long-Term Investments	-	-	-	-	-	0.76
Goodwill	41.81	41.81	41.81	23.16	23.16	40.28
Other Intangible Assets	25.83	26.79	29.24	26.25	28.79	35.15
Long-Term Accounts Receivable	2.89	3.96	5.61	6.75	7.6	23.94
Other Long-Term Assets	2.5	2.42	58.46	5.36	4.31	8.7
Total Assets	278.99	263.95	344.73	255.54	204.76	202.7
Accounts Payable	13.26	11.42	11.1	2.13	4.72	5.87
Accrued Expenses	9.96	9.01	9.1	9.41	6.43	3.47
Current Portion of Long-Term Debt	27.09	25.63	9.06	6.2	5.02	6.19
Current Portion of Leases	3.65	1.72	2.77	3.63	1.91	0.97
Current Income Taxes Payable	42.09	39.63	36.58	23.97	11.5	1.61
Other Current Liabilities	17.41	16.59	8.85	3.5	8.2	0.75
Total Current Liabilities	113.46	104	77.45	48.84	37.78	18.85
Long-Term Debt	56.27	74.54	91.11	64.62	61.99	81.8
Long-Term Leases	139.44	123.95	120.67	93.11	51.55	20.98
Long-Term Deferred Tax Liabilities	11.88	11.88	6.1	7.85	6.53	-
Other Long-Term Liabilities	2.48	0.98	21.06	3.59	4.7	6.31
Total Liabilities	323.53	315.35	316.38	218.01	162.55	127.94
Common Stock	337.22	308.95	304.6	274.12	250.58	252.66
Additional Paid-In Capital	68.85	66.95	59.41	52.2	42.12	25.62
Retained Earnings	-450.72	-427.4	-335.76	-288.86	-250.55	-203.5
Total Common Equity	-44.65	-51.5	28.26	37.46	42.15	74.78
Minority Interest	0.11	0.11	0.09	0.07	0.05	-0.02
Shareholders' Equity	-44.54	-51.39	28.35	37.53	42.2	74.76
Total Liabilities & Equity	278.99	263.95	344.73	255.54	204.76	202.7
Total Debt	226.45	225.84	223.6	167.55	120.47	109.94
Net Cash (Debt)	-224.03	-222.44	-209.33	-144.97	-101.54	-104.15
Net Cash Per Share	-0.29	-0.34	-0.33	-0.25	-0.20	-0.25
Filing Date Shares Outstanding	915.2	914.2	643.42	629.1	567.46	531.52
Total Common Shares Outstanding	915.2	669.52	643.42	594.18	538.85	531.52
Working Capital	-77.4	-70.09	-24.18	2.04	6.95	11.39
Book Value Per Share	-0.05	-0.08	0.04	0.06	0.08	0.14
Tangible Book Value	-112.28	-120.1	-42.79	-11.94	-9.79	-0.65
Tangible Book Value Per Share	-0.12	-0.18	-0.07	-0.02	-0.02	-0.00
Land	0.77	0.77	0.77	-	0.15	1.64
Buildings	12.58	12.58	13.78	1.48	3.75	11.16
Machinery	9.03	8.86	8.96	13.43	9.97	7.5
Construction In Progress	8.72	7.17	0.08	0.06	19.93	8.56
Leasehold Improvements	20.97	19.97	19.54	35.54	5.84	16.06

Source: S&P Capital IQ. Standard template. Financial Sources.