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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.25	3.4	14.27	22.58	18.93	5.79
Cash & Short-Term Investments	1.25	3.4	14.27	22.58	18.93	5.79
Cash Growth	-54.94%	-76.19%	-36.80%	19.27%	227.03%	303.41%
Accounts Receivable	9.83	7.67	9.26	5.58	3.89	10.15
Other Receivables	1.82	0.74	0.09	0.29	1.34	0.41
Receivables	11.65	8.41	9.35	5.97	5.49	12.43
Inventory	19.61	17.09	18.89	20.09	18.04	9.83
Prepaid Expenses	4.62	2.92	1.02	2.23	2.28	2.2
Other Current Assets	0.96	2.1	9.74	-	-	-
Total Current Assets	38.08	33.91	53.27	50.87	44.74	30.24
Property, Plant & Equipment	167.74	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	25.67	26.79	29.24	26.25	28.79	35.15
Long-Term Accounts Receivable	2.3	3.96	5.61	6.75	7.6	23.94
Other Long-Term Assets	2.48	2.42	58.46	5.36	4.31	8.7
Total Assets	278.08	263.95	344.73	255.54	204.76	202.7
Accounts Payable	16.23	11.42	11.1	2.13	4.72	5.87
Accrued Expenses	10.17	9.01	9.1	9.41	6.43	3.47
Current Portion of Long-Term Debt	28.7	25.63	9.06	6.2	5.02	6.19
Current Portion of Leases	1.74	1.72	2.77	3.63	1.91	0.97
Current Income Taxes Payable	42.38	39.63	36.58	23.97	11.5	1.61
Other Current Liabilities	13.67	16.59	8.85	3.5	8.2	0.75
Total Current Liabilities	112.89	104	77.45	48.84	37.78	18.85
Long-Term Debt	56.25	74.54	91.11	64.62	61.99	81.8
Long-Term Leases	143.46	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	2.06	0.98	21.06	3.59	4.7	6.31
Total Liabilities	326.54	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	71.34	66.95	59.41	52.2	42.12	25.62
Retained Earnings	-457.13	-427.4	-335.76	-288.86	-250.55	-203.5
Total Common Equity	-48.56	-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	-48.45	-51.39	28.35	37.53	42.2	74.76
Total Liabilities & Equity	278.08	263.95	344.73	255.54	204.76	202.7
Total Debt	230.15	225.84	223.6	167.55	120.47	109.94
Net Cash (Debt)	-228.9	-222.44	-209.33	-144.97	-101.54	-104.15
Net Cash Per Share	-0.28	-0.34	-0.33	-0.25	-0.20	-0.25
Filing Date Shares Outstanding	913.93	914.2	643.42	629.1	567.46	531.52
Total Common Shares Outstanding	669.52	669.52	643.42	594.18	538.85	531.52
Working Capital	-74.8	-70.09	-24.18	2.04	6.95	11.39
Book Value Per Share	-0.07	-0.08	0.04	0.06	0.08	0.14
Tangible Book Value	-116.04	-120.1	-42.79	-11.94	-9.79	-0.65
Tangible Book Value Per Share	-0.17	-0.18	-0.07	-0.02	-0.02	-0.00
Land	-	0.77	0.77	-	0.15	1.64
Buildings	-	12.58	13.78	1.48	3.75	11.16
Machinery	-	8.86	8.96	13.43	9.97	7.5
Construction In Progress	-	7.17	0.08	0.06	19.93	8.56
Leasehold Improvements	-	19.97	19.54	35.54	5.84	16.06

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