MTL Cannabis Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	3.27	1.35	0.44	0.47	0.15
Cash & Short-Term Investments	3.27	1.35	0.44	0.47	0.15
Cash Growth	0.44%	209.02%	-7.01%	224.40%	-
Accounts Receivable	7.83	6.54	6.25	6.68	1.76
Other Receivables	1.15	0.23	0.07	0.24	0.49
Receivables	8.97	6.77	6.33	6.92	2.24
Inventory	12.34	8.63	9.17	7.09	4.39
Prepaid Expenses	1.16	1.87	0.35	0.17	0.02
Other Current Assets	2.31	1.55	1.26	-	-
Total Current Assets	28.05	20.19	17.55	14.64	6.8
Property, Plant & Equipment	31.05	28.73	14.2	9.13	10.57
Goodwill	12.6	12.6	-	-	-
Other Intangible Assets	7.99	9.96	-	-	-
Total Assets	80.42	71.47	31.75	23.77	17.36
Accounts Payable	12.3	13.88	8.23	6.09	3.2
Short-Term Debt	16.74	17.44	6.16	2.04	2.03
Current Portion of Long-Term Debt	6.05	1.12	1.46	1.5	-
Current Portion of Leases	0.85	0.71	0.19	0.65	0.52
Current Income Taxes Payable	1.65	0.88	0.99	0.1	-
Other Current Liabilities	3.22	0.28	0.8	2.07	2.16
Total Current Liabilities	40.8	34.32	17.82	12.46	7.91
Long-Term Debt	-	4.29	-	0.05	1.54
Long-Term Leases	14.33	12.68	11.58	5.23	5.86
Long-Term Deferred Tax Liabilities	2.17	1.07	0.81	2.28	0.5
Other Long-Term Liabilities	4.69	4.49	-	-	-
Total Liabilities	61.99	56.85	30.2	20.02	15.81
Common Stock	11.08	11.08	0	0	0
Additional Paid-In Capital	4.71	4.16	0.11	0.11	0.11
Retained Earnings	2.64	-0.61	1.43	3.64	1.44
Shareholders' Equity	18.43	14.63	1.54	3.75	1.55
Total Liabilities & Equity	80.42	71.47	31.75	23.77	17.36
Total Debt	37.96	36.24	19.38	9.47	9.96
Net Cash (Debt)	-34.69	-34.89	-18.94	-9	-9.81
Net Cash Per Share	-0.30	-0.37	-0.52	-	-
Filing Date Shares Outstanding	117	117	45.83	-	-
Total Common Shares Outstanding	117	117	45.83	-	-
Working Capital	-12.76	-14.13	-0.27	2.19	-1.11
Book Value Per Share	0.16	0.13	0.03	-	-
Tangible Book Value	-2.16	-7.94	1.54	3.75	1.55
Tangible Book Value Per Share	-0.02	-0.07	0.03	-	-
Land	0.62	0.62	-	-	-
Buildings	12.07	11.99	-	-	-
Machinery	7.98	7.85	6.08	5.77	5.53
Leasehold Improvements	2.92	0.87	0.07	0.02	-

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