Imaflex Balance Sheet

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

Millions CAD. 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	11.92	8.96	0.8	7.53	8.47	3.22
Cash & Short-Term Investments	11.92	8.96	0.8	7.53	8.47	3.22
Cash Growth	223.33%	1021.06%	-89.38%	-11.08%	162.95%	5182.49%
Accounts Receivable	15.04	14.63	11.97	11.84	14.29	11.27
Other Receivables	0.42	1.24	2.15	0.24	0.78	0.25
Receivables	15.46	15.87	14.12	12.08	15.07	11.52
Inventory	13.26	12.37	13.17	12.19	14.92	11.65
Prepaid Expenses	0.97	0.34	0.34	0.24	0.2	0.24
Total Current Assets	41.61	37.54	28.43	32.03	38.66	26.63
Property, Plant & Equipment	46.75	49.86	47.77	37.76	24.51	25.86
Goodwill	-	0.54	0.5	0.51	0.48	0.48
Other Intangible Assets	2.32	1.82	1.76	1.7	1.35	1.09
Total Assets	90.67	89.75	78.45	72	64.99	54.06
Accounts Payable	13.86	8.91	6.37	3.36	5.62	3.92
Short-Term Debt	-	-	2.89	2.36	2.5	-
Current Portion of Long-Term Debt	-	-	1.3	1.8	1.99	1.88
Current Portion of Leases	2.19	2.25	1.74	0.89	0.85	0.82
Current Income Taxes Payable	0.01	0.29	-	0.1	0.67	1
Other Current Liabilities	0.4	2.72	2.13	3.24	2.66	2.2
Total Current Liabilities	16.46	14.18	14.44	11.76	14.3	9.82
Long-Term Debt	-	-	-	1.74	3.5	5.49
Long-Term Leases	6.22	7.89	5.48	1.24	0.73	1.59
Long-Term Deferred Tax Liabilities	3.26	3.02	2.68	2.11	1.39	1.19
Total Liabilities	25.95	25.08	22.59	16.85	19.92	18.08
Common Stock	12.93	12.93	12.93	12.63	12.56	11.9
Retained Earnings	48.02	47.39	39.93	39.43	30.3	21.93
Comprehensive Income & Other	3.77	4.34	2.99	3.09	2.21	2.14
Shareholders' Equity	64.72	64.67	55.86	55.15	45.07	35.98
Total Liabilities & Equity	90.67	89.75	78.45	72	64.99	54.06
Total Debt	8.42	10.13	11.41	8.03	9.57	9.79
Net Cash (Debt)	3.5	-1.17	-10.61	-0.5	-1.11	-6.57
Net Cash Per Share	0.07	-0.02	-0.20	-0.01	-0.02	-0.13
Filing Date Shares Outstanding	52.09	52.09	52.09	51.74	51.64	50.06
Total Common Shares Outstanding	52.09	52.09	52.09	51.74	51.64	50.06
Working Capital	25.15	23.36	13.99	20.27	24.36	16.81
Book Value Per Share	1.24	1.24	1.07	1.07	0.87	0.72
Tangible Book Value	62.41	62.31	53.6	52.94	43.25	34.41
Tangible Book Value Per Share	1.20	1.20	1.03	1.02	0.84	0.69
Land	0.02	0.02	0.02	0.02	0.02	0.02
Buildings	5.9	5.97	5.13	5.85	4.07	3.73
Machinery	98.48	97.83	91.26	79.95	63.82	62
Leasehold Improvements	4.08	3.93	3.51	3.71	3.08	2.87

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