PHX Energy Services 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	7.87	14.16	16.43	18.25	24.83	25.75
Cash & Short-Term Investments	7.87	14.16	16.43	18.25	24.83	25.75
Cash Growth	-44.58%	-13.81%	-9.94%	-26.51%	-3.56%	143.29%
Accounts Receivable	139.17	133.59	121.33	125.84	76.48	44.69
Other Receivables	8.54	0.5	3.69	-	0.35	0.22
Receivables	147.71	134.09	125.03	125.84	76.82	44.91
Inventory	57.18	63.14	63.17	63.12	36.69	27.49
Prepaid Expenses	2.9	2.63	2.41	3.02	2.81	2.07
Total Current Assets	215.66	214.02	207.04	210.23	141.16	100.2
Property, Plant & Equipment	198.69	191.02	155.32	145.28	102.07	99.84
Long-Term Investments	2.17	2.17	3	3	3	-
Other Intangible Assets	17.2	13.06	13.51	15.67	16.14	16.2
Long-Term Deferred Tax Assets	0.15	-	4.65	0.05	0.13	0.29
Long-Term Deferred Charges	-	1.55	0.69	-	-	-
Other Long-Term Assets	1.14	1.46	1.28	0.99	-	-
Total Assets	435.01	423.29	385.49	375.22	262.49	216.54
Accounts Payable	96	108.17	88.44	101.84	74.3	35.02
Accrued Expenses	4.4	8.5	12	2.85	3.27	3.49
Current Portion of Leases	3.97	3.7	3.23	2.91	3.23	3.4
Current Income Taxes Payable	0.02	-	-	0.66	-	-
Other Current Liabilities	9.04	9.1	9.45	7.64	2.48	1.27
Total Current Liabilities	113.42	129.47	113.13	115.89	83.29	43.17
Long-Term Debt	42.41	16.83	7.56	22.73	-	-
Long-Term Leases	28.48	31.65	33.97	36.77	32.64	35.7
Long-Term Deferred Tax Liabilities	25.95	19.79	16.82	18.5	9.35	5.64
Other Long-Term Liabilities	1.58	3.34	4.04	4.46	2.79	-
Total Liabilities	211.84	201.08	175.53	198.35	128.06	84.51
Common Stock	200.81	203.84	222.65	251.35	235.46	247.54
Additional Paid-In Capital	7.51	7.19	7.17	7.04	9.46	10.13
Retained Earnings	-18.39	-28.29	-45.7	-112.12	-121.72	-136.94
Comprehensive Income & Other	33.24	39.47	25.84	30.61	11.23	11.3
Shareholders' Equity	223.17	222.21	209.97	176.88	134.43	132.03
Total Liabilities & Equity	435.01	423.29	385.49	375.22	262.49	216.54
Total Debt	74.86	52.18	44.77	62.41	35.87	39.1
Net Cash (Debt)	-66.99	-38.02	-28.34	-44.16	-11.04	-13.35
Net Cash Per Share	-1.41	-0.81	-0.54	-0.87	-0.21	-0.25
Filing Date Shares Outstanding	45.18	45.51	47.33	50.98	48.24	50.29
Total Common Shares Outstanding	45.18	45.51	47.26	50.9	47.98	50.63
Working Capital	102.23	84.55	93.92	94.34	57.87	57.03
Book Value Per Share	4.94	4.88	4.44	3.48	2.80	2.61
Tangible Book Value	205.97	209.14	196.46	161.21	118.3	115.83
Tangible Book Value Per Share	4.56	4.60	4.16	3.17	2.47	2.29
Machinery	-	478.86	414.55	388.11	336.22	326.93

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