GLG Life Tech Corporation (GLGLF)

GLG Life Tech Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.05	0.36	0.28	0.37	0.2	0.24
Cash & Short-Term Investments	1.05	0.36	0.28	0.37	0.2	0.24
Cash Growth	331.43%	30.83%	-24.53%	79.85%	-14.77%	-56.95%
Accounts Receivable	3.29	3.03	4.15	3.96	2.94	2.21
Other Receivables	0	0	0	0.01	0.07	0.71
Receivables	3.29	3.04	4.15	3.97	3.01	2.92
Inventory	1.37	1.7	1.63	0.46	1.26	2.87
Prepaid Expenses	0.03	0.07	0.02	0.04	0.06	0.12
Other Current Assets	-	-	22.03	21.91	10.93	0.31
Total Current Assets	5.73	5.16	28.12	26.74	15.46	6.47
Property, Plant & Equipment	0.08	0.08	0.04	0.07	7.73	18.01
Long-Term Accounts Receivable	-	-	-	-	0.07	-
Other Long-Term Assets	0.01	-	-	-	0	0.08
Total Assets	5.82	5.24	28.16	26.82	23.28	24.55

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	22.3	20.97	22.2	19.46	3.63	4.73
Accrued Expenses	3.88	4.1	4.42	4	13.85	55.53
Short-Term Debt	15.87	15.61	16.39	13.87	63.3	103.06
Current Portion of Long-Term Debt	77.15	72.4	63.62	51.45	3.59	0.25
Current Portion of Leases	0.01	0.01	0.03	0.1	0.15	0.19
Current Unearned Revenue	-	-	-	0.01	0.01	0.27
Other Current Liabilities	0.01	-	26.05	107.81	108.49	8.27
Total Current Liabilities	119.22	113.08	132.71	196.7	193.01	172.29
Long-Term Debt	0.82	0.81	0.85	-	0.49	-
Long-Term Leases	0.06	0.06	-	0.04	0.14	0.23
Other Long-Term Liabilities	-	-	-	-	0.12	-
Total Liabilities	120.1	113.95	133.55	196.74	193.77	172.52

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	200.54	200.54	200.54	200.54	200.54	200.54
Additional Paid-In Capital	34.02	34.02	34.02	34.02	34.02	34.02
Retained Earnings	-348.68	-343.16	-355.18	-421.35	-415.72	-392.58
Comprehensive Income & Other	-0.16	-0.11	15.2	17.71	11.61	10.87
Total Common Equity	-114.28	-108.71	-105.42	-169.07	-169.55	-147.15
Minority Interest	-	-	0.02	-0.85	-0.95	-0.82
Shareholders' Equity	-114.28	-108.71	-105.4	-169.93	-170.49	-147.96
Total Liabilities & Equity	5.82	5.24	28.16	26.82	23.28	24.55

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	93.92	88.89	80.88	65.47	67.67	103.72
Net Cash (Debt)	-92.87	-88.52	-80.6	-65.1	-67.47	-103.48
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.42	-2.31	-2.10	-1.70	-1.76	-2.70
Filing Date Shares Outstanding	38.39	38.39	38.39	38.39	38.39	38.39
Total Common Shares Outstanding	38.39	38.39	38.39	38.39	38.39	38.39
Working Capital	-113.49	-107.92	-104.59	-169.95	-177.55	-165.82
Book Value Per Share	-2.98	-2.83	-2.75	-4.40	-4.42	-3.83
Tangible Book Value	-114.28	-108.71	-105.42	-169.07	-169.55	-147.15
Tangible Book Value Per Share	-2.98	-2.83	-2.75	-4.40	-4.42	-3.83
Buildings	-	-	-	-	9.44	22.27
Machinery	0.04	0.04	0.07	0.14	13.05	20.25

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error