Ascend Wellness Holdings, Inc. (AAWH)

Ascend Wellness Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	95.27	88.25	72.51	74.15	155.48	56.55
Short-Term Investments	5.57	4.71	9.3	3.17	5.18	4.02
Cash & Short-Term Investments	100.84	92.96	81.81	77.32	160.66	60.57
Cash Growth	14.08%	13.63%	5.81%	-51.88%	165.25%	454.85%
Accounts Receivable	30.64	36.54	28.3	14.1	7.61	6.23
Receivables	34.74	40.64	41.41	17.69	12.27	14.64
Inventory	82.32	89.55	95.29	97.53	65.59	29
Prepaid Expenses	6.97	5.5	7.27	4.77	7.51	2.31
Restricted Cash	-	-	-	-	-	1.55
Other Current Assets	0.8	0.73	3.07	1.44	11.99	26.12
Total Current Assets	225.65	229.38	228.86	198.74	258.01	134.18
Property, Plant & Equipment	402.15	399.53	398.64	388.67	343.61	205.18
Goodwill	54	49.6	47.54	44.37	42.97	22.8
Other Intangible Assets	206.7	205.5	221.45	221.09	59.27	50.46
Long-Term Deferred Tax Assets	-	-	-	-	-	2.4
Other Long-Term Assets	11.79	12.76	19.21	15.27	15.39	8.41
Total Assets	903.87	900.43	919.55	872.16	723.44	427.75
Accounts Payable	22.57	26.41	34.69	17.07	5.54	7.36
Accrued Expenses	26.6	22.04	21.31	8.65	11.95	10.49
Current Portion of Long-Term Debt	23.87	72.69	10.65	11.12	27.94	59.33
Current Portion of Leases	6.97	6.66	4.16	2.84	2.67	2.13
Current Income Taxes Payable	1.74	0.7	-	34.68	36.18	18.28
Current Unearned Revenue	1.38	1.39	1.32	0.67	0.52	0.22
Other Current Liabilities	17.67	14.65	20.57	35.92	32.61	17.49
Total Current Liabilities	100.79	144.54	92.69	110.95	117.4	115.29
Long-Term Debt	297.67	232.52	296.37	318.6	230.85	152.28
Long-Term Leases	271.87	269.24	262.28	230.51	197.3	156.4
Long-Term Deferred Tax Liabilities	20.92	23.44	35.75	33.61	1.42	-
Other Long-Term Liabilities	184.46	158.89	89.6	15.08	-	-
Total Liabilities	875.71	828.63	776.68	708.75	546.96	423.96
Common Stock	0.2	0.21	0.21	0.19	0.17	-
Additional Paid-In Capital	471.15	471.13	458.03	430.38	362.56	67.38
Retained Earnings	-444.02	-400.36	-315.36	-267.15	-186.25	-63.59
Total Common Equity	27.33	70.98	142.87	163.42	176.48	3.79
Minority Interest	0.82	0.82	-	-	-	-
Shareholders' Equity	28.15	71.8	142.87	163.42	176.48	3.79
Total Liabilities & Equity	903.87	900.43	919.55	872.16	723.44	427.75
Total Debt	600.37	581.11	573.46	563.08	458.75	370.14
Net Cash (Debt)	-499.54	-488.15	-491.65	-485.76	-298.09	-309.57
Net Cash Per Share	-2.39	-2.30	-2.47	-2.65	-1.99	-3.25
Filing Date Shares Outstanding	203.1	204.63	209.49	188.83	173.37	212.17
Total Common Shares Outstanding	203.31	205.03	206.88	188.06	171.59	212.17
Working Capital	124.86	84.84	136.17	87.79	140.62	18.89
Book Value Per Share	0.13	0.35	0.69	0.87	1.03	0.02
Tangible Book Value	-233.37	-184.12	-126.12	-102.05	74.24	-69.47
Tangible Book Value Per Share	-1.15	-0.90	-0.61	-0.54	0.43	-0.33
Land	5.78	5.78	5.24	6.51	1.3	0.89
Buildings	104.21	84.71	72.2	71.95	45.66	38.56
Machinery	83.61	78.78	71.47	63.97	49.06	28.55
Construction In Progress	10.54	5.56	6.51	9.63	60.99	25.14
Leasehold Improvements	210.16	202.55	192.81	174.1	103.98	33.93

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