Armada Mercantile Balance Sheet

Financials in millions CAD. Fiscal year is March - February.

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	0.5	0.43	0.44	0.4	0.2
Trading Asset Securities	0.42	0.42	5.42	5.42	5.43
Accounts Receivable	0.01	0.01	-	-	-
Other Receivables	-	-	0.01	0.11	0.01
Investments in Debt & Equity Securities	0.34	0.34	-	-	-
Other Current Assets	-	-	0.02	-	-
Other Long-Term Assets	0.46	0.46	0.46	0.46	0
Total Assets	1.73	1.65	6.35	6.38	5.64
Accounts Payable	0.07	0.03	0.07	0.05	0.08
Accrued Expenses	-	-	0	0	0
Short-Term Debt	0.04	0.01	0.45	0.44	0.02
Other Current Liabilities	-	-	-	-	0
Total Liabilities	0.14	0.04	0.52	0.53	0.12
Common Stock	8.08	8.08	7.28	7.28	7.28
Additional Paid-In Capital	0.44	0.44	0.44	0.44	0.44
Retained Earnings	-7.17	-7.19	-2.14	-2.13	-2.37
Comprehensive Income & Other	0.24	0.28	0.26	0.26	0.17
Shareholders' Equity	1.59	1.61	5.83	5.85	5.52
Total Liabilities & Equity	1.73	1.65	6.35	6.38	5.64
Total Debt	0.04	0.01	0.45	0.44	0.02
Net Cash (Debt)	0.88	0.84	5.41	5.37	5.61
Net Cash Growth	4.99%	-84.56%	0.72%	-4.30%	1.78%
Net Cash Per Share	0.04	0.04	0.28	0.28	0.30
Filing Date Shares Outstanding	21.01	20.71	19.1	19.1	19.1
Total Common Shares Outstanding	21.01	20.71	19.1	19.1	19.1
Working Capital	0.79	0.81	5.37	5.39	5.52
Book Value Per Share	0.08	0.08	0.31	0.31	0.29
Tangible Book Value	1.59	1.61	5.83	5.85	5.52
Tangible Book Value Per Share	0.08	0.08	0.31	0.31	0.29