Flow Capital 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	1.39	2.37	5.22	9.56	4.14	7.14
Short-Term Investments	1.59	10.08	19.9	14.01	0.06	5.93
Trading Asset Securities	1.21	-	-	-	-	-
Cash & Short-Term Investments	4.18	12.44	25.12	23.57	4.21	13.07
Cash Growth	-74.89%	-50.48%	6.59%	459.96%	-67.79%	10.51%
Accounts Receivable	0.12	0.15	-	0.01	0	0.33
Other Receivables	-	-	-	0.03	-	0.05
Receivables	0.29	0.31	0.15	0.03	0	0.38
Prepaid Expenses	0.35	0.27	0.22	0.31	0.37	0.47
Other Current Assets	-	1.22	2.49	3.06	4.7	-
Total Current Assets	4.82	14.24	27.99	26.97	9.28	13.92
Property, Plant & Equipment	-	0	0	0.03	0.06	0.09
Long-Term Investments	5.87	47.99	26.4	22.78	33.65	23.85
Other Intangible Assets	0.82	0.86	1.13	0.97	1.03	-
Long-Term Deferred Tax Assets	8.58	8.54	8.08	7.94	-	-
Long-Term Deferred Charges	0.28	0.4	-	-	-	-
Total Assets	86.04	72.02	63.59	58.68	44.02	37.86
Accounts Payable	0.14	0.45	0.23	0.36	0.17	1.13
Accrued Expenses	0.62	0.77	0.97	0.26	0.27	0.6
Current Portion of Long-Term Debt	0.37	0.37	-	11.62	1.5	2.62
Current Portion of Leases	-	-	-	0.02	0.02	0.37
Current Income Taxes Payable	0.01	0.01	0.15	0.57	1.81	0.4
Other Current Liabilities	0.4	0.7	1.52	0.39	0.52	0.73
Total Current Liabilities	1.55	2.3	2.87	13.22	4.29	5.84
Long-Term Debt	47.78	32.82	23.07	7.32	16.34	13.12
Long-Term Leases	-	-	-	-	0.02	0.05
Long-Term Deferred Tax Liabilities	-	-	-	-	0.01	0.5
Other Long-Term Liabilities	-	-	-	-	-	0.38
Total Liabilities	49.33	35.13	25.94	20.54	20.67	19.89
Common Stock	51.51	52.07	52.57	52.16	52.14	52.54
Additional Paid-In Capital	1.13	0.96	0.62	0.8	0.71	0.66
Retained Earnings	-15.93	-16.14	-15.28	-15.08	-29.61	-35.27
Comprehensive Income & Other	-	-	-0.25	0.25	0.1	0.05
Shareholders' Equity	36.71	36.9	37.65	38.14	23.35	17.97
Total Liabilities & Equity	86.04	72.02	63.59	58.68	44.02	37.86
Total Debt	48.15	33.19	23.07	18.96	17.89	16.15
Net Cash (Debt)	-43.97	-20.75	2.05	4.61	-13.68	-3.08
Net Cash Growth	-	-	-55.49%	-	-	-
Net Cash Per Share	-1.44	-0.67	0.06	0.14	-0.42	-0.09
Filing Date Shares Outstanding	29.98	30.58	31.94	31.16	31.24	31.66
Total Common Shares Outstanding	29.98	30.7	31.62	31.29	31.24	32.16
Working Capital	3.27	11.94	25.12	13.75	4.98	8.08
Book Value Per Share	1.22	1.20	1.19	1.22	0.75	0.56
Tangible Book Value	35.88	36.04	36.52	37.17	22.32	17.97
Tangible Book Value Per Share	1.20	1.17	1.16	1.19	0.71	0.56
Machinery	-	0.19	0.19	0.19	0.19	0.18
Leasehold Improvements	-	0.22	0.22	0.22	0.22	0.22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.