Tenet Fintech Group Inc. (CSE: PKK)

Tenet Fintech Group 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	0.42	1.19	3.22	18.8	5.87	1.72
Short-Term Investments	7.73	7.73	-	-	-	-
Cash & Short-Term Investments	8.16	8.92	3.22	18.8	5.87	1.72
Cash Growth	649.33%	176.88%	-82.85%	220.01%	242.00%	-14.82%
Accounts Receivable	8.84	9.14	17.32	9.63	28.83	2.66
Other Receivables	2.32	2.44	4.03	0.37	0.06	0.03
Receivables	28.22	28.31	37.74	27.67	44.32	13.9
Prepaid Expenses	0.65	1.05	1.87	1.68	0.99	0.83
Restricted Cash	0.04	0.02	0.21	0.05	0.08	-
Other Current Assets	12.44	13.15	33.71	46.21	2.06	1.58
Total Current Assets	49.5	51.46	76.76	94.4	53.32	18.03
Property, Plant & Equipment	2.97	3.51	3.41	2.06	0.53	0.73
Long-Term Investments	1.2	1.18	1.05	-	-	-
Goodwill	-	-	26.61	62.52	-	-
Other Intangible Assets	11.49	14.69	32.01	32.85	3.16	2.4
Long-Term Deferred Tax Assets	-	-	0.31	0.19	0.29	0.09
Other Long-Term Assets	5.35	10.86	0.08	-	-	-
Total Assets	70.76	81.92	141.27	195.29	61.31	29.45
Accounts Payable	14.26	10.11	6.27	5.22	22.72	2.16
Accrued Expenses	0.63	0.39	-	-	-	-
Short-Term Debt	2.18	3	-	-	1.7	2.18
Current Portion of Long-Term Debt	1.26	1.06	0.47	-	0.02	3.22
Current Portion of Leases	0.32	0.31	0.49	0.43	0.12	0.4
Current Income Taxes Payable	2.16	2.18	4.11	3.63	1.57	0.61
Current Unearned Revenue	2.08	2.02	4.49	8.02	-	-
Other Current Liabilities	2.76	2.48	0.17	3.02	2.14	0.57
Total Current Liabilities	25.65	21.56	16.01	20.33	28.27	9.14
Long-Term Debt	6.69	7.82	2.11	0.41	0.3	0.14
Long-Term Leases	2.38	2.48	2.62	1.32	0.12	0.05
Long-Term Deferred Tax Liabilities	1.63	1.63	1.04	5.73	-	-
Other Long-Term Liabilities	0.37	0.55	1.88	1.92	-	-
Total Liabilities	36.73	34.04	23.66	29.7	28.69	9.33
Common Stock	222.66	217.93	211.23	208.22	39.13	24.23
Additional Paid-In Capital	27.8	26.43	23.36	21.53	11.58	9.58
Retained Earnings	-228.22	-210.36	-133.09	-80	-30.24	-23.62
Comprehensive Income & Other	-0.72	0.23	0.85	1.52	0.37	-0.51
Total Common Equity	21.52	34.23	102.35	151.27	20.84	9.68
Minority Interest	12.51	13.66	15.26	14.32	11.77	10.44
Shareholders' Equity	34.03	47.88	117.61	165.59	32.61	20.12
Total Liabilities & Equity	70.76	81.92	141.27	195.29	61.31	29.45
Total Debt	12.83	14.68	5.7	2.16	2.26	5.99
Net Cash (Debt)	-4.68	-5.75	-2.48	16.64	3.61	-4.27
Net Cash Growth	-	-	-	360.81%	-	-
Net Cash Per Share	-0.04	-0.05	-0.03	0.22	0.08	-0.12
Filing Date Shares Outstanding	168.23	144.03	99.54	98.79	65.28	37.31
Total Common Shares Outstanding	147.4	123.76	99.54	97.17	59.01	36.03
Working Capital	23.85	29.9	60.75	74.07	25.05	8.89
Book Value Per Share	0.15	0.28	1.03	1.56	0.35	0.27
Tangible Book Value	10.03	19.54	43.72	55.9	17.68	7.28
Tangible Book Value Per Share	0.07	0.16	0.44	0.58	0.30	0.20
Machinery	0.88	0.91	0.5	0.39	0.33	0.31
Leasehold Improvements	0.41	0.41	-	-	-	-

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