Happy Belly Food Group Inc. (CSE:HBFG)

Happy Belly Food Group Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	12	3.02	3.49	1.27	1.1	0.94
Short-Term Investments	0.05	0.03	0.08	0.31	0.06	0.08
Cash & Short-Term Investments	12.05	3.05	3.56	1.58	1.16	1.01
Cash Growth	294.16%	-14.51%	125.74%	35.92%	14.82%	-75.55%
Accounts Receivable	3.56	1.68	0.72	0.26	0.1	0.05
Other Receivables	-	-	-	-	0.26	0.06
Receivables	3.56	1.68	0.72	0.26	0.36	0.12
Inventory	0.34	0.33	0.3	0.22	0.27	0.14
Prepaid Expenses	0.42	0.23	0.13	0.09	0.06	0.06
Other Current Assets	-	1.21	-	-	-	-
Total Current Assets	16.37	6.5	4.71	2.14	1.85	1.33
Property, Plant & Equipment	6.71	6.21	2.51	2.32	1.25	0.55
Long-Term Investments	0.23	0.25	0.27	-	-	-
Goodwill	0.63	0.63	1.06	0.91	0.91	1.33
Other Intangible Assets	0.33	0.35	0.41	0.06	0.19	0.46
Other Long-Term Assets	0.44	0.41	0.37	0.22	0.08	-
Total Assets	24.72	14.36	9.34	5.85	4.28	3.67

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	5.52	3.99	1.06	0.46	0.36	0.17
Accrued Expenses	-	-	-	0.48	0.23	0.08
Current Portion of Long-Term Debt	0.05	0.07	0.03	0.07	0.2	-
Current Portion of Leases	0.65	0.54	0.2	0.21	0.16	0.06
Current Unearned Revenue	0.17	0.18	0.07	0.14	-	-
Other Current Liabilities	-	0.12	0.09	-	0	0.01
Total Current Liabilities	6.39	4.91	1.44	1.35	0.95	0.31
Long-Term Debt	1.42	1.38	3.2	3.4	1.95	0.09
Long-Term Leases	4.64	4.36	1.78	1.66	0.59	0.19
Long-Term Unearned Revenue	1.38	1.03	0.39	-	-	-
Long-Term Deferred Tax Liabilities	0.04	0.05	0.11	-	-	-
Total Liabilities	13.87	11.72	6.91	6.41	3.5	0.59

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	59.46	45.67	40.47	35.47	35.76	35.47
Additional Paid-In Capital	18.38	14.62	11.6	11.34	11.29	11.28
Retained Earnings	-67.81	-58.28	-50.59	-48.23	-46.31	-43.63
Treasury Stock	-	-	-	-	-0.22	-
Comprehensive Income & Other	0.39	0.39	0.69	0.69	0.2	-0.06
Total Common Equity	10.41	2.4	2.18	-0.72	0.72	3.05
Minority Interest	0.44	0.23	0.25	0.16	0.07	0.02
Shareholders' Equity	10.85	2.63	2.43	-0.56	0.79	3.07
Total Liabilities & Equity	24.72	14.36	9.34	5.85	4.28	3.67

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	6.75	6.35	5.2	5.34	2.9	0.34
Net Cash (Debt)	5.3	-3.3	-1.64	-3.76	-1.74	0.67
Net Cash Growth	-	-	-	-	-	-83.44%
Net Cash Per Share	0.04	-0.03	-0.01	-0.03	-0.02	0.01
Filing Date Shares Outstanding	166.4	134	129.03	104.44	104.43	104.16
Total Common Shares Outstanding	166.4	134	129.03	104.44	104.43	104.16
Working Capital	9.98	1.59	3.28	0.8	0.89	1.01
Book Value Per Share	0.06	0.02	0.02	-0.01	0.01	0.03
Tangible Book Value	9.45	1.41	0.7	-1.69	-0.38	1.26
Tangible Book Value Per Share	0.06	0.01	0.01	-0.02	-0.00	0.01
Machinery	1.54	1.44	1	0.85	0.7	0.45
Leasehold Improvements	1.86	1.54	0.7	0.58	0.42	0.27

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

Data Sources Report a data error