BQE Water Inc. (BTQNF)

BQE Water Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.09	11.77	7.93	6.23	3.94	3.24
Cash & Short-Term Investments	11.09	11.77	7.93	6.23	3.94	3.24
Cash Growth	34.72%	48.48%	27.16%	58.08%	21.73%	57.26%
Accounts Receivable	6.36	3.7	4.29	3.18	2.01	1.69
Other Receivables	0.07	0.76	0.09	0.02	0	0
Receivables	6.43	4.46	4.37	3.21	2.01	1.69
Prepaid Expenses	0.32	1.08	0.41	0.34	0.23	0.17
Restricted Cash	-	-	-	0.18	0.08	-
Total Current Assets	18.84	17.32	12.71	9.96	6.27	5.1
Property, Plant & Equipment	2.35	2.15	1.82	0.4	0.26	0.32
Long-Term Investments	6.14	6.05	4.05	5.3	6.86	5.02
Other Intangible Assets	0.13	0.15	0.23	0.31	0.4	-
Long-Term Deferred Tax Assets	1.38	1.38	-	-	-	-
Other Long-Term Assets	0.05	0.05	0.05	0.02	0.02	0.02
Total Assets	28.88	27.09	18.86	15.99	13.8	10.46
Accounts Payable	1.42	1.02	0.66	0.65	0.59	0.43
Accrued Expenses	1.68	1.85	1.27	1.27	0.81	0.86
Current Portion of Long-Term Debt	0.08	0.08	0.08	0.08	0.08	0.06
Current Portion of Leases	0.19	0.16	0.11	0.19	0.12	0.09
Current Income Taxes Payable	0.01	0.06	0.02	0.03	0.04	0.03
Current Unearned Revenue	1.1	1.55	0.04	0.44	0.07	0.08
Other Current Liabilities	-	-	-	0.14	-	-
Total Current Liabilities	4.48	4.72	2.18	2.79	1.71	1.55
Long-Term Debt	0.35	0.25	0.23	0.19	0.27	0.35
Long-Term Leases	1.62	1.45	1.5	0.09	0.09	0.19
Long-Term Unearned Revenue	-	0.14	0.17	0.28	0.25	0.28
Other Long-Term Liabilities	-	-	-	-	0.17	-
Total Liabilities	6.45	6.56	4.08	3.35	2.49	2.38
Common Stock	56.96	56.81	56.3	56.65	56.57	56.39
Additional Paid-In Capital	11.2	11.18	11.11	10.92	10.67	10.57
Retained Earnings	-47.34	-49.06	-53.86	-56.52	-57.68	-60.31
Comprehensive Income & Other	1.61	1.6	1.23	1.58	1.75	1.45
Shareholders' Equity	22.43	20.53	14.78	12.64	11.31	8.09
Total Liabilities & Equity	28.88	27.09	18.86	15.99	13.8	10.46
Total Debt	2.24	1.94	1.92	0.55	0.56	0.69
Net Cash (Debt)	8.85	9.83	6.01	5.69	3.39	2.55
Net Cash Growth	39.89%	63.58%	5.65%	67.97%	32.90%	56.86%
Net Cash Per Share	6.84	7.67	4.71	4.50	2.72	2.07
Filing Date Shares Outstanding	1.29	1.29	1.26	1.25	1.25	1.22
Total Common Shares Outstanding	1.29	1.29	1.25	1.26	1.24	1.22
Working Capital	14.36	12.59	10.53	7.17	4.56	3.54
Book Value Per Share	17.34	15.95	11.85	10.06	9.09	6.64
Tangible Book Value	22.3	20.38	14.54	12.32	10.91	8.09
Tangible Book Value Per Share	17.25	15.84	11.67	9.80	8.77	6.64
Machinery	0.58	0.58	0.58	0.58	0.58	0.58

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