Cavvy Energy 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	10.19	8.58	18.33	22.27	26.22	11.07
Cash & Short-Term Investments	10.19	8.58	18.33	22.27	26.22	11.07
Cash Growth	66.62%	-53.22%	-17.69%	-15.04%	136.84%	15.70%
Accounts Receivable	36.98	47.75	60.21	73.28	48.16	43.2
Other Receivables	-	2.42	1.32	1.24	1.48	1.7
Receivables	36.98	50.17	61.52	74.51	49.64	44.9
Inventory	3.69	3.77	3.66	3.12	2.52	23.88
Prepaid Expenses	6.06	7.12	9.58	8.13	5.06	5.36
Restricted Cash	-	0.19	0.67	0.67	1.35	2
Other Current Assets	26.56	44.16	49.34	17.98	-	-
Total Current Assets	83.49	113.99	143.1	126.69	84.78	87.21
Property, Plant & Equipment	357.19	391.25	412.44	409.6	537.16	520.95
Long-Term Investments	-	-	-	-	-	3.69
Long-Term Deferred Tax Assets	90.75	83.64	67.92	78.94	-	-
Other Long-Term Assets	4.85	23.55	15.07	-	0.6	0.8
Total Assets	536.27	612.42	638.54	615.22	622.54	612.65
Accounts Payable	18.71	33	44.8	22.65	74.71	98.85
Accrued Expenses	45.15	62.83	77.13	94.19	69.14	-
Current Portion of Long-Term Debt	9.86	9.89	30.75	203.25	21.65	-
Current Portion of Leases	1.73	1.69	2.04	1.85	1.55	2.03
Other Current Liabilities	15.38	9.74	9.16	21.42	5.39	5.95
Total Current Liabilities	90.82	117.14	163.87	343.36	172.44	106.83
Long-Term Debt	143.21	157.9	141.47	-	209.93	219.56
Long-Term Leases	2.86	3.04	1.48	1.84	1.19	0.98
Other Long-Term Liabilities	161.44	165.92	157.32	155.26	272.2	280.9
Total Liabilities	398.33	444	464.14	500.47	655.75	608.27
Common Stock	306.44	306.31	275.94	275.88	274.32	274.32
Additional Paid-In Capital	13.86	13.64	13.19	12.82	12.88	12.37
Retained Earnings	-211.3	-208.03	-168.78	-177.76	-324.34	-284.67
Comprehensive Income & Other	28.95	56.51	54.39	4.16	4.31	2.62
Total Common Equity	137.95	168.43	174.75	115.1	-32.83	4.65
Minority Interest	-	-	-0.34	-0.34	-0.38	-0.26
Shareholders' Equity	137.95	168.43	174.41	114.76	-33.21	4.38
Total Liabilities & Equity	536.27	612.42	638.54	615.22	622.54	612.65
Total Debt	157.65	172.51	175.73	206.94	234.32	222.57
Net Cash (Debt)	-147.46	-163.94	-157.39	-184.67	-208.1	-211.5
Net Cash Per Share	-0.51	-0.86	-0.97	-1.15	-1.32	-1.34
Filing Date Shares Outstanding	290.62	290.39	159.1	158.97	157.67	157.64
Total Common Shares Outstanding	290.62	290.39	159.09	158.96	157.65	157.64
Working Capital	-7.33	-3.16	-20.77	-216.67	-87.67	-19.62
Book Value Per Share	0.47	0.58	1.10	0.72	-0.21	0.03
Tangible Book Value	137.95	168.43	174.75	115.1	-32.83	4.65
Tangible Book Value Per Share	0.47	0.58	1.10	0.72	-0.21	0.03

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