Questerre Energy 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	18.79	31.79	35.04	29.59	8.53	10.4
Cash & Short-Term Investments	18.79	31.79	35.04	29.59	8.53	10.4
Cash Growth	-47.60%	-9.27%	18.41%	246.85%	-18.00%	-30.81%
Accounts Receivable	9.31	3.24	3.02	4.6	4.02	2.68
Inventory	8.41	-	-	-	-	-
Other Current Assets	7.97	1.4	1.42	0.97	1.07	0.82
Total Current Assets	44.49	36.44	39.47	35.16	13.62	13.91
Net Property, Plant & Equipment	320.18	129.93	128.4	155.53	155.03	166.94
Other Intangible Assets	5.79	-	-	-	-	-
Long-Term Investments	4.24	4.36	4.47	5.8	7.97	7.98
Other Long-Term Assets	10.16	-	-	-	7.66	7.36
Total Assets	384.85	170.72	172.35	196.49	184.26	196.18
Accounts Payable	38.15	12.5	9.39	10.63	8.36	6.19
Short-Term Debt	-	0.05	0.04	0.03	3.42	15.43
Current Portion of Leases	1.27	0.06	0.06	0.06	0.05	0.05
Other Current Liabilities	38.12	0.8	0.18	0.48	-	-
Total Current Liabilities	83.55	13.4	9.67	11.21	11.83	21.66
Long-Term Debt	107.07	-	-	-	-	-
Long-Term Leases	0.53	0.08	0.13	0.19	0.16	0.21
Other Long-Term Liabilities	58.66	18.61	18.88	18.96	21.5	20.37
Total Long-Term Liabilities	166.25	18.69	19.01	19.15	21.65	20.57
Total Liabilities	249.8	32.09	28.68	30.36	35.3	44.06
Common Stock	429.88	429.88	429.88	429.88	429.88	429.7
Additional Paid-in Capital	30.16	29.28	27.91	26.3	24.07	23.05
Accumulated Other Comprehensive Income	2.45	0.9	-0.02	0.34	-0.53	-0.47
Retained Earnings	-327.44	-321.43	-314.1	-290.39	-304.46	-300.16
Shareholders' Equity	135.05	138.63	143.67	166.13	148.96	152.12
Total Liabilities & Equity	384.85	170.72	172.35	196.49	184.26	196.18
Total Debt	108.87	0.19	0.23	0.28	3.63	15.68
Net Cash (Debt)	-90.07	31.6	34.81	29.31	4.9	-5.28
Net Cash Growth	-	-9.21%	18.78%	497.61%	-	-
Net Cash Per Share	-0.21	0.07	0.08	0.07	0.01	-0.01
Book Value	135.05	138.63	143.67	166.13	148.96	152.12
Book Value Per Share	0.31	0.32	0.33	0.39	0.35	0.36
Tangible Book Value	129.26	138.63	143.67	166.13	148.96	152.12
Tangible Book Value Per Share	0.30	0.32	0.33	0.39	0.35	0.36

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.