Forte Group Holdings Inc. (CSE:FGH)

Forte Group Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.02	0.2	0.14	0.14	0.23	1.03
Cash & Short-Term Investments	0.02	0.2	0.14	0.14	0.23	1.03
Cash Growth	-74.24%	46.34%	2.25%	-41.03%	-77.74%	333.87%
Accounts Receivable	0.05	0.06	0.21	0.4	0.86	0.43
Other Receivables	0.44	0.4	0.08	0.2	-	-
Receivables	0.49	0.46	0.29	0.6	0.86	0.43
Inventory	0.15	0.1	0.13	0.33	0.62	-
Prepaid Expenses	0.1	0.1	0.14	0.48	0.67	0.41
Other Current Assets	-	-	0.1	1.2	-	0.53
Total Current Assets	0.76	0.87	0.79	2.75	2.38	2.41
Property, Plant & Equipment	9.09	9.19	11.68	13.92	15.89	5.69
Goodwill	-	-	-	-	-	3.21
Other Intangible Assets	1.06	1.22	0.6	0.6	0.65	13.02
Other Long-Term Assets	-	-	-	4.53	-	-
Total Assets	10.92	11.28	13.07	21.8	18.93	24.33
Accounts Payable	2.83	2.54	4.94	3.86	2.36	1.57
Accrued Expenses	0.13	0.19	2.05	1.62	0.35	0.02
Short-Term Debt	5.84	5.86	4.37	2.8	2.38	-
Current Portion of Long-Term Debt	0.58	0.57	0.61	0.58	-	-
Current Unearned Revenue	0.03	0.03	0.03	0.03	0.03	-
Other Current Liabilities	0.03	0.36	5.16	6.24	0.67	0.21
Total Current Liabilities	9.43	9.54	17.15	15.13	5.8	1.8
Long-Term Debt	0.06	0.06	0.04	0.08	0.56	0.53
Other Long-Term Liabilities	-	0	0.19	0.15	-	-
Total Liabilities	9.49	9.6	17.38	15.36	6.36	2.33
Common Stock	146.18	145.27	132.83	131.08	120.59	44.83
Retained Earnings	-168.18	-167.01	-159.28	-147.16	-130.3	-31.41
Treasury Stock	-1.6	-2.3	-3.79	-5.14	-5.14	-
Comprehensive Income & Other	25.02	25.72	26.63	27.94	27.58	8.57
Total Common Equity	1.43	1.68	-3.62	6.72	12.72	22
Minority Interest	-	-	-0.7	-0.28	-0.15	-
Shareholders' Equity	1.43	1.68	-4.31	6.44	12.57	22
Total Liabilities & Equity	10.92	11.28	13.07	21.8	18.93	24.33
Total Debt	6.48	6.49	5.02	3.46	2.95	0.53
Net Cash (Debt)	-6.45	-6.29	-4.88	-3.33	-2.72	0.5
Net Cash Per Share	-0.67	-1.09	-3.06	-0.01	-3.25	1.32
Filing Date Shares Outstanding	19.17	19.17	4.81	1.14	1.21	0.55
Total Common Shares Outstanding	17.71	16.2	1.6	1.14	0.86	0.55
Working Capital	-8.67	-8.67	-16.36	-12.38	-3.41	0.61
Book Value Per Share	0.08	0.10	-2.27	5.91	14.85	39.83
Tangible Book Value	0.37	0.46	-4.21	6.12	12.07	5.77
Tangible Book Value Per Share	0.02	0.03	-2.64	5.38	14.09	10.44
Land	1.35	1.35	1.35	1.35	1.35	-
Buildings	14.71	14.71	14.71	14.7	13.48	-
Machinery	1.07	1.07	1.07	2.54	1.62	0.28
Construction In Progress	-	-	-	0.01	1.83	5.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.