Source Energy Services Ltd. (SCEYF)

Source Energy Services 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	32.62	32.72	-	-	-	-
Cash & Short-Term Investments	32.62	32.72	-	-	-	-
Receivables	72.3	80.83	44.01	42.3	43.5	33.64
Inventory	85.75	89.43	85.1	72.53	56.34	53.47
Prepaid Expenses	7.46	9.62	7.07	7.71	5.73	4.44
Other Current Assets	-	-	-	-	1.18	-
Total Current Assets	198.13	212.59	136.18	122.55	106.75	91.55
Property, Plant & Equipment	367.74	356.7	315.83	193.46	158.75	174.71
Long-Term Accounts Receivable	2.5	2.81	-	-	-	-
Long-Term Deferred Tax Assets	16.21	21.83	27.6	-	-	-
Long-Term Deferred Charges	0.49	0.57	-	-	-	-
Other Long-Term Assets	3.84	3.73	3.22	10.89	0.54	-
Total Assets	588.9	598.22	482.83	326.9	266.03	266.26
Accounts Payable	68.12	94.85	69.65	68.43	29.34	33.22
Current Portion of Long-Term Debt	12.42	8.09	17.56	-	7.5	-
Current Portion of Leases	17.32	19.39	16.27	17.7	12.36	11.04
Current Income Taxes Payable	6.33	5.25	0.89	-	-	-
Current Unearned Revenue	4.35	11.83	2.73	0.15	0.09	0.78
Other Current Liabilities	1.57	1.56	1.27	1.18	1.02	1.01
Total Current Liabilities	110.11	140.97	108.37	87.45	50.31	46.04
Long-Term Debt	176.79	186.87	141.53	176.52	175.53	147.28
Long-Term Leases	70.48	60.52	46.42	50.72	26.08	31.29
Long-Term Unearned Revenue	1.27	1.64	-	-	-	-
Long-Term Deferred Tax Liabilities	7.24	9.12	9.18	-	-	-
Other Long-Term Liabilities	9.71	9.23	8.2	6.55	7.59	8.96
Total Liabilities	375.6	408.35	313.7	321.24	259.51	233.57
Common Stock	410.63	410.63	410.63	410.63	410.63	410.63
Additional Paid-In Capital	2.46	2.46	2.46	2.46	2.46	2.46
Retained Earnings	-221.34	-244.94	-254.45	-421.8	-413.03	-388.62
Comprehensive Income & Other	21.56	21.72	10.49	14.36	6.46	8.22
Total Common Equity	213.31	189.87	169.13	5.66	6.53	32.69
Shareholders' Equity	213.31	189.87	169.13	5.66	6.53	32.69
Total Liabilities & Equity	588.9	598.22	482.83	326.9	266.03	266.26
Total Debt	277.01	274.87	221.79	244.94	221.47	189.61
Net Cash (Debt)	-244.39	-242.15	-221.79	-244.94	-221.47	-189.61
Net Cash Per Share	-18.04	-17.88	-15.74	-18.08	-16.35	-37.63
Filing Date Shares Outstanding	13.55	13.55	13.55	13.55	13.55	13.55
Total Common Shares Outstanding	13.55	13.55	13.55	13.55	13.55	13.55
Working Capital	88.02	71.62	27.81	35.09	56.44	45.51
Book Value Per Share	15.75	14.02	12.49	0.42	0.48	2.41
Tangible Book Value	213.31	189.87	169.13	5.66	6.53	32.69
Tangible Book Value Per Share	15.75	14.02	12.49	0.42	0.48	2.41
Land	244	237.22	210.94	212.84	203.27	203.3
Machinery	245.14	241.04	213.76	210.94	196.34	194.85
Construction In Progress	32.33	31.57	25.78	26.44	23.08	22.4

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.