Maritime Launch Services Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	0.16	1.37	2.87	3.89	0	0
Short-Term Investments	0.03	0.03	0.1	0.1	-	-
Cash & Short-Term Investments	0.19	1.4	2.97	3.99	0	0
Cash Growth	-84.62%	-52.98%	-25.51%	7978342.00%	-89.60%	-
Other Receivables	0.05	0.09	0.27	0.27	0.02	0.02
Receivables	0.05	0.09	0.27	0.27	0.02	0.02
Prepaid Expenses	0.1	0.12	0.12	0.04	-	-
Restricted Cash	-	-	-	3.94	-	-
Total Current Assets	0.34	1.6	3.36	8.24	0.02	0.02
Property, Plant & Equipment	13.53	12.81	8.27	3.25	-	-
Other Long-Term Assets	-	-	-	0.38	-	-
Total Assets	13.87	14.41	11.63	11.87	0.02	0.02
Accounts Payable	3.98	3.51	1.08	0.81	0.51	0.43
Short-Term Debt	9.56	9.3	7.39	8.98	0.81	0.8
Current Portion of Long-Term Debt	-	-	-	-	0.57	0.47
Current Portion of Leases	0.04	0.03	0.03	0.01	-	-
Other Current Liabilities	-	-	-	3.94	0.3	-
Total Current Liabilities	13.58	12.84	8.5	13.74	2.18	1.7
Long-Term Leases	0.13	0.14	0.17	0.09	-	-
Other Long-Term Liabilities	-	-	-	-	-	0.27
Total Liabilities	13.71	12.98	8.68	13.83	2.18	1.97
Common Stock	15.09	14.44	13.27	4.83	0.64	0.29
Additional Paid-In Capital	5.59	5.3	3.73	0.11	-	-
Retained Earnings	-21.32	-19.13	-14.73	-7.28	-2.96	-2.4
Comprehensive Income & Other	0.8	0.81	0.69	0.38	0.16	0.16
Shareholders' Equity	0.16	1.43	2.95	-1.96	-2.16	-1.95
Total Liabilities & Equity	13.87	14.41	11.63	11.87	0.02	0.02
Total Debt	9.72	9.47	7.6	9.08	1.38	1.27
Net Cash (Debt)	-9.53	-8.08	-4.63	-5.09	-1.38	-1.27
Net Cash Per Share	-0.02	-0.02	-0.01	-0.07	-0.03	-0.03
Filing Date Shares Outstanding	419.63	415.98	403.46	77.41	403.46	50.19
Total Common Shares Outstanding	416.48	410.48	403.46	77.41	10.97	50.19
Working Capital	-13.24	-11.23	-5.14	-5.5	-2.16	-1.68
Book Value Per Share	0.00	0.00	0.01	-0.03	-0.20	-0.04
Tangible Book Value	0.16	1.43	2.95	-1.96	-2.16	-1.95
Tangible Book Value Per Share	0.00	0.00	0.01	-0.03	-0.20	-0.04
Land	0.08	0.08	0.08	0.08	-	-
Machinery	0.04	0.04	0.04	0.03	-	-
Construction In Progress	13.27	12.53	7.95	3.06	-	-

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