Forte Group Holdings Inc. (CSE: FGH)

Forte Group Holdings Balance Sheet

Financials in millions CAD. 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	0.07	0.14	0.14	0.23	1.03	0.09
Short-Term Investments	-	-	-	-	-	0.15
Cash & Short-Term Investments	0.07	0.14	0.14	0.23	1.03	0.24
Cash Growth	-57.49%	2.51%	-41.03%	-77.74%	333.87%	-96.41%
Accounts Receivable	0.14	0.23	0.4	0.86	0.43	-
Other Receivables	0.31	0.08	0.2	-	-	0.33
Receivables	0.45	0.31	0.6	0.86	0.43	0.33
Inventory	0.16	0.13	0.33	0.62	-	-
Prepaid Expenses	0.11	0.14	0.48	0.67	0.41	0.29
Other Current Assets	0.07	0.07	1.2	-	0.53	0.33
Total Current Assets	0.86	0.79	2.75	2.38	2.41	1.2
Property, Plant & Equipment	11.29	11.68	13.92	15.89	5.69	4.57
Goodwill	-	-	-	-	3.21	-
Other Intangible Assets	3.23	0.6	0.6	0.65	13.02	10.47
Other Long-Term Assets	-	-	4.53	-	-	-
Total Assets	15.38	13.07	21.8	18.93	24.33	16.24
Accounts Payable	2.81	5.23	3.86	2.36	1.57	0.76
Accrued Expenses	1.69	2.68	1.62	0.35	0.02	-
Short-Term Debt	5.23	4.37	2.8	2.38	-	-
Current Portion of Long-Term Debt	0.56	0.61	0.58	-	-	-
Current Unearned Revenue	0.03	0.03	0.03	0.03	-	-
Other Current Liabilities	4.39	4.24	6.24	0.67	0.21	1.34
Total Current Liabilities	14.71	17.15	15.13	5.8	1.8	2.1
Long-Term Debt	0.1	0.08	0.08	0.56	0.53	0.63
Other Long-Term Liabilities	0.15	0.15	0.15	-	-	-
Total Liabilities	14.96	17.38	15.36	6.36	2.33	2.73
Common Stock	143.34	131.51	131.08	120.59	44.83	24.75
Retained Earnings	-166.99	-159.28	-147.16	-130.3	-31.41	-17.16
Treasury Stock	-2.3	-3.79	-5.14	-5.14	-	-0.3
Comprehensive Income & Other	27.07	27.94	27.94	27.58	8.57	6.22
Total Common Equity	1.12	-3.62	6.72	12.72	22	13.51
Minority Interest	-0.7	-0.7	-0.28	-0.15	-	-
Shareholders' Equity	0.42	-4.31	6.44	12.57	22	13.51
Total Liabilities & Equity	15.38	13.07	21.8	18.93	24.33	16.24
Total Debt	5.89	5.06	3.46	2.95	0.53	0.63
Net Cash (Debt)	-5.83	-4.92	-3.33	-2.72	0.5	-0.39
Net Cash Per Share	-0.39	-3.08	-0.01	-3.25	1.32	-1.72
Filing Date Shares Outstanding	16.2	4.81	1.14	1.21	0.55	0.24
Total Common Shares Outstanding	14.99	1.6	1.14	0.86	0.55	0.24
Working Capital	-13.85	-16.36	-12.38	-3.41	0.61	-0.9
Book Value Per Share	0.07	-2.27	5.91	14.85	39.83	57.17
Tangible Book Value	-2.11	-4.21	6.12	12.07	5.77	3.03
Tangible Book Value Per Share	-0.14	-2.64	5.38	14.09	10.44	12.84
Land	1.35	1.35	1.35	1.35	-	-
Buildings	14.71	14.71	14.7	13.48	-	-
Machinery	1.07	1.07	2.54	1.62	0.28	0.18
Construction In Progress	-	-	0.01	1.83	5.44	4.36
Leasehold Improvements	-	-	-	-	-	0.03

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