Burcon NutraScience Balance Sheet

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1.75	7.28	4.2	1.46	7	13.97
Cash & Short-Term Investments	1.75	7.28	4.2	1.46	7	13.97
Cash Growth	69.14%	73.36%	188.10%	-79.19%	-49.90%	-7.04%
Accounts Receivable	0.35	0.11	0.06	0.16	0.2	0.34
Other Receivables	0.04	-	0.46	0.17	-	0
Receivables	0.39	0.11	0.51	0.33	0.2	0.34
Inventory	0.47	0.2	0.07	-	-	0.13
Prepaid Expenses	0.17	0.19	0.33	0.08	0.29	0.15
Restricted Cash	-	-	-	-	0.12	-
Other Current Assets	-	0.02	0.08	-	-	-
Total Current Assets	2.78	7.8	5.19	1.86	7.62	14.6
Property, Plant & Equipment	14.91	15.8	1.1	0.98	0.86	1.01
Long-Term Investments	-	-	-	-	13.4	16.4
Goodwill	1.25	1.25	1.25	1.25	1.25	1.25
Long-Term Deferred Charges	4.74	4.95	5.37	5.8	6.22	4.46
Other Long-Term Assets	0.86	0.85	-	-	-	-
Total Assets	24.55	30.66	12.91	9.9	29.35	37.72
Accounts Payable	1.22	1.27	0.84	0.59	0.91	1.42
Accrued Expenses	-	-	-	-	0	0
Current Portion of Long-Term Debt	8.24	2.09	-	-	-	-
Current Portion of Leases	1.52	0.89	0.26	0.03	0.01	0.03
Current Unearned Revenue	-	0.05	0.25	-	0.12	-
Total Current Liabilities	10.98	4.29	1.35	0.63	1.04	1.45
Long-Term Debt	-	5.79	6.4	5.11	-	-
Long-Term Leases	13.43	13.63	-	0.02	0.06	0.01
Total Liabilities	24.42	23.71	7.76	5.76	1.1	1.45
Common Stock	131.58	131.58	122.07	114.57	114.57	114.11
Additional Paid-In Capital	19.71	19.22	17.28	16.76	15.86	14.06
Retained Earnings	-157.39	-150.31	-142.05	-134.6	-109.24	-98.98
Comprehensive Income & Other	6.23	6.46	7.85	7.41	7.05	7.09
Shareholders' Equity	0.13	6.94	5.15	4.14	28.25	36.27
Total Liabilities & Equity	24.55	30.66	12.91	9.9	29.35	37.72
Total Debt	23.2	22.4	6.67	5.17	0.07	0.03
Net Cash (Debt)	-21.44	-15.12	-2.47	-3.71	6.93	13.94
Net Cash Growth	-	-	-	-	-50.30%	67.95%
Net Cash Per Share	-2.02	-1.93	-0.41	-0.68	1.28	2.71
Filing Date Shares Outstanding	12.69	12.69	7.1	6.08	5.44	5.42
Total Common Shares Outstanding	12.69	12.69	7.1	5.44	5.44	5.42
Working Capital	-8.2	3.51	3.83	1.24	6.57	13.15
Book Value Per Share	0.01	0.55	0.73	0.76	5.20	6.69
Tangible Book Value	-1.13	5.69	3.9	2.88	26.99	35.02
Tangible Book Value Per Share	-0.09	0.45	0.55	0.53	4.97	6.46
Machinery	5.85	5.71	5.28	5.17	4.82	4.77
Leasehold Improvements	0.78	0.1	0.1	0.1	0.09	0.09

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