Trulieve Cannabis Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	449.2	238.8	201.37	207.19	230.09	146.71
Short-Term Investments	-	60.39	-	-	9.65	1.8
Cash & Short-Term Investments	449.2	299.2	201.37	207.19	239.74	148.51
Cash Growth	41.33%	48.58%	-2.81%	-13.58%	61.43%	61.75%
Accounts Receivable	10.49	8.29	6.7	6.51	8.6	0.31
Other Receivables	7.37	10.01	-	0.1	9.81	1.32
Receivables	19.44	23.05	12.94	7.34	19.94	1.63
Inventory	243.29	231.37	213.12	276.51	209.94	98.31
Prepaid Expenses	20.67	22.96	17.62	11.03	27.78	10.05
Restricted Cash	0.91	0.91	6.61	6.61	3.01	-
Other Current Assets	22.94	27.08	25.69	84.88	24.53	2.96
Total Current Assets	756.45	604.56	477.35	593.54	524.93	261.45
Property, Plant & Equipment	865.61	899.98	830.8	912.68	957.9	381.03
Goodwill	483.91	483.91	483.91	791.5	765.36	67.18
Other Intangible Assets	815.31	859.48	917.19	984.8	1,081	92.6
Other Long-Term Assets	19.82	21.82	12.39	105.9	69.81	7.53
Total Assets	2,942	2,870	2,729	3,400	3,411	809.78
Accounts Payable	81.28	20.23	28.25	15.86	14.34	9.25
Accrued Expenses	-	65.24	49	59.86	72.14	12.73
Short-Term Debt	-	-	-	5.5	-	-
Current Portion of Long-Term Debt	3.74	3.41	3.76	6.95	10.05	14.01
Current Portion of Leases	25.49	23.59	19.17	19.75	17.2	7.15
Current Income Taxes Payable	-	-	-	49.62	28.08	5.88
Current Unearned Revenue	8.9	8.03	1.34	9.46	7.21	7.18
Other Current Liabilities	4.73	18.01	13.34	43.3	20.44	19.92
Total Current Liabilities	124.13	138.49	114.85	210.3	169.45	76.12
Long-Term Debt	475.52	477.79	481.41	638.45	469.39	203.21
Long-Term Leases	310.04	320.69	290.57	306.94	348.01	63.18
Long-Term Deferred Tax Liabilities	181.88	196.55	206.96	224.9	241.88	15.45
Other Long-Term Liabilities	663.77	487.72	226.65	92.11	35.28	3.92
Total Liabilities	1,755	1,621	1,320	1,473	1,264	361.87
Additional Paid-In Capital	2,073	2,057	2,055	2,045	2,008	328.21
Retained Earnings	-869.23	-795.74	-640.64	-113.84	137.72	119.69
Total Common Equity	1,204	1,261	1,414	1,931	2,146	447.9
Minority Interest	-17.53	-12.26	-5.86	-3.46	1.55	-
Shareholders' Equity	1,186	1,249	1,409	1,928	2,147	447.9
Total Liabilities & Equity	2,942	2,870	2,729	3,400	3,411	809.78
Total Debt	814.79	825.47	794.91	977.59	844.65	287.56
Net Cash (Debt)	-365.59	-526.27	-593.54	-770.41	-604.91	-139.04
Net Cash Per Share	-1.92	-2.77	-3.14	-4.10	-4.12	-1.18
Filing Date Shares Outstanding	168.16	168.01	160.31	160.02	135.46	121.87
Total Common Shares Outstanding	168.15	168.01	160.27	160.02	129.11	118.15
Working Capital	632.31	466.07	362.5	383.25	355.48	185.33
Book Value Per Share	7.16	7.51	8.83	12.07	16.62	3.79
Tangible Book Value	-95.41	-82.1	13.38	154.87	299.22	288.13
Tangible Book Value Per Share	-0.57	-0.49	0.08	0.97	2.32	2.44
Land	-	23.16	26.7	38.49	32.9	5.88
Buildings	-	573.48	528.17	497.49	434.76	156.37
Machinery	-	302.35	292.94	278	141.18	52.07
Construction In Progress	-	88.11	28.02	55.15	234.17	129.59

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.