Happy Belly Food Group Inc. (CSE:HBFG)

Happy Belly Food Group 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	3.6	3.49	1.27	1.1	0.94	4.14
Short-Term Investments	0.08	0.08	0.31	0.06	0.08	-
Cash & Short-Term Investments	3.68	3.56	1.58	1.16	1.01	4.14
Cash Growth	47.45%	125.74%	35.92%	14.82%	-75.55%	1264.98%
Accounts Receivable	1.12	0.6	0.26	0.1	0.05	0.09
Other Receivables	0.08	0.12	-	0.26	0.06	0.08
Receivables	1.2	0.72	0.26	0.36	0.12	0.17
Inventory	0.39	0.3	0.22	0.27	0.14	0.02
Prepaid Expenses	0.5	0.13	0.09	0.06	0.06	0.49
Total Current Assets	5.76	4.71	2.14	1.85	1.33	4.81
Property, Plant & Equipment	2.8	2.51	2.32	1.25	0.55	0.28
Long-Term Investments	0.28	0.27	-	-	-	-
Goodwill	1.06	1.06	0.91	0.91	1.33	-
Other Intangible Assets	0.58	0.41	0.06	0.19	0.46	0.2
Other Long-Term Assets	0.25	0.37	0.22	0.08	-	-
Total Assets	10.74	9.34	5.85	4.28	3.67	5.29
Accounts Payable	0.76	0.6	0.46	0.36	0.17	0.51
Accrued Expenses	0.71	0.46	0.48	0.23	0.08	0.1
Current Portion of Long-Term Debt	0.03	0.03	0.07	0.2	-	-
Current Portion of Leases	0.29	0.2	0.21	0.16	0.06	0.05
Current Unearned Revenue	0.15	0.07	0.14	-	-	0.1
Other Current Liabilities	0.09	0.09	-	0	0.01	0.02
Total Current Liabilities	2.03	1.44	1.35	0.95	0.31	0.78
Long-Term Debt	3.24	3.2	3.4	1.95	0.09	0.02
Long-Term Leases	1.98	1.78	1.66	0.59	0.19	-
Long-Term Unearned Revenue	0.47	0.39	-	-	-	-
Long-Term Deferred Tax Liabilities	0.1	0.11	-	-	-	-
Total Liabilities	7.82	6.91	6.41	3.5	0.59	0.8
Common Stock	41	40.47	35.47	35.76	35.47	18.3
Additional Paid-In Capital	11.73	11.6	11.34	11.29	11.28	3.57
Retained Earnings	-50.93	-50.59	-48.23	-46.31	-43.63	-17.03
Treasury Stock	-	-	-	-0.22	-	-
Comprehensive Income & Other	0.69	0.69	0.69	0.2	-0.06	-0.34
Total Common Equity	2.5	2.18	-0.72	0.72	3.05	4.49
Minority Interest	0.42	0.25	0.16	0.07	0.02	-
Shareholders' Equity	2.92	2.43	-0.56	0.79	3.07	4.49
Total Liabilities & Equity	10.74	9.34	5.85	4.28	3.67	5.29
Total Debt	5.53	5.2	5.34	2.9	0.34	0.07
Net Cash (Debt)	-1.86	-1.64	-3.76	-1.74	0.67	4.07
Net Cash Growth	-	-	-	-	-83.44%	1241.81%
Net Cash Per Share	-0.01	-0.01	-0.03	-0.02	0.01	0.10
Filing Date Shares Outstanding	129.46	129.03	104.44	104.43	104.16	67.81
Total Common Shares Outstanding	129.46	129.03	104.44	104.43	104.16	67.81
Working Capital	3.74	3.28	0.8	0.89	1.01	4.03
Book Value Per Share	0.02	0.02	-0.01	0.01	0.03	0.07
Tangible Book Value	0.86	0.7	-1.69	-0.38	1.26	4.29
Tangible Book Value Per Share	0.01	0.01	-0.02	-0.00	0.01	0.06
Machinery	1.05	1	0.85	0.7	0.45	0.28
Leasehold Improvements	0.72	0.7	0.58	0.42	0.27	0.05

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