Vertex Resource Group Ltd. (FRA:4X8)

Vertex Resource 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.51	11.63	1.03	2.59	-	-
Cash & Short-Term Investments	2.51	11.63	1.03	2.59	-	-
Cash Growth	81.78%	1028.93%	-60.25%	-	-	-
Accounts Receivable	40.7	39.43	56.82	61.39	43.18	28.89
Other Receivables	6.59	5.12	4.47	10.64	13.16	3.75
Receivables	47.28	44.56	61.29	72.03	56.34	32.64
Inventory	3.66	3.99	4.21	4.4	4.24	3.28
Prepaid Expenses	4.29	4.6	3.88	3.05	2.87	2.89
Total Current Assets	57.74	64.77	70.41	82.07	63.44	38.81
Property, Plant & Equipment	102.63	115.43	129.05	123.45	94.58	84.23
Goodwill	25.67	25.67	31.67	31.67	25.19	24.83
Other Intangible Assets	4.82	5.7	6.96	8.22	1.36	0.59
Long-Term Deferred Tax Assets	5.98	5.75	6.35	8.75	1.57	2.75
Long-Term Deferred Charges	-	0.13	0.33	0.27	0.43	-
Total Assets	196.85	217.46	244.77	254.42	186.57	151.2
Accounts Payable	24.05	21.11	27.56	29.76	20.37	14.74
Accrued Expenses	7.92	8.04	10.16	10.63	8	4.15
Short-Term Debt	5.95	11.43	6.27	4.48	6.13	7.91
Current Portion of Long-Term Debt	60.7	10.12	11.47	14.03	12.7	9.33
Current Portion of Leases	7.52	8.78	10.72	9.71	7.1	5.48
Current Unearned Revenue	0.62	0.94	1.46	2.94	2.84	1.19
Other Current Liabilities	-	1	1.53	2.64	1.39	0.63
Total Current Liabilities	106.75	61.42	69.17	74.18	58.53	43.42
Long-Term Debt	18.45	71.07	74.15	83.29	61.09	42.61
Long-Term Leases	17.74	22.05	31.09	24.9	13.26	14.64
Long-Term Deferred Tax Liabilities	0.97	2.93	2.46	4.77	2.47	2.02
Other Long-Term Liabilities	-	-	1	2.56	1.53	0.48
Total Liabilities	143.91	157.46	177.86	189.69	136.87	103.16
Common Stock	89.54	89.54	91.51	92.42	81.07	81.07
Additional Paid-In Capital	7.16	7.11	5.87	5.26	3.62	3.62
Retained Earnings	-43.42	-36.63	-30.49	-32.95	-34.99	-36.65
Comprehensive Income & Other	-0.34	-0.03	0.01	0.01	-0	-
Shareholders' Equity	52.94	60	66.91	64.74	49.7	48.04
Total Liabilities & Equity	196.85	217.46	244.77	254.42	186.57	151.2
Total Debt	110.35	123.44	133.7	136.41	100.28	79.97
Net Cash (Debt)	-107.84	-111.81	-132.67	-133.82	-100.28	-79.97
Net Cash Per Share	-0.96	-0.99	-1.15	-1.27	-1.10	-0.88
Filing Date Shares Outstanding	112.03	112.03	112.7	115.62	91.25	91.25
Total Common Shares Outstanding	112.03	112.03	114.49	115.62	91.25	91.25
Working Capital	-49.01	3.35	1.24	7.9	4.91	-4.61
Book Value Per Share	0.47	0.54	0.58	0.56	0.54	0.53
Tangible Book Value	22.44	28.63	28.27	24.84	23.14	22.63
Tangible Book Value Per Share	0.20	0.26	0.25	0.21	0.25	0.25
Land	-	12.58	12.79	10.65	10.41	10.93
Machinery	-	119.7	139.41	133.33	123.93	115.31

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