TILT Holdings Inc. (TLLTF)

TILT Holdings Balance Sheet

Financials in millions USD. 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	3.04	3	2.03	2.2	4.22	8.86
Cash & Short-Term Investments	3.04	3	2.03	2.2	4.22	8.86
Cash Growth	36.82%	47.64%	-7.63%	-47.83%	-52.35%	243.37%
Accounts Receivable	12.47	11.9	17.92	26.7	32.39	14.57
Receivables	12.47	11.9	17.92	27.21	34.85	17.23
Inventory	18.92	22.51	32.91	52.91	55.58	63.84
Prepaid Expenses	-	2.14	2.12	1.98	2.73	4.56
Restricted Cash	1.3	1.3	1.3	1.3	2.73	-
Other Current Assets	2.71	-	-	0.33	0.5	7.41
Total Current Assets	38.44	40.85	56.27	85.93	100.61	101.89
Property, Plant & Equipment	30.37	44.13	65.72	73.03	72.78	77.98
Long-Term Investments	-	-	0	6.4	6.7	1.19
Goodwill	-	17.72	17.72	20.75	70.55	88.42
Other Intangible Assets	-	44.55	84.8	102.71	128.77	138.64
Long-Term Deferred Tax Assets	-	-	3.66	-	-	7.01
Other Long-Term Assets	80.92	3.16	1.95	1.45	0.27	-
Total Assets	149.74	151.32	231.19	293.98	381.35	429.6
Accounts Payable	-	50.27	46.33	49.26	37.78	31.82
Accrued Expenses	-	1.5	1.53	4.61	5.7	-
Short-Term Debt	-	-	-	2.8	2.8	-
Current Portion of Long-Term Debt	-	28.34	17.05	59.38	40.76	4.67
Current Portion of Leases	-	1.27	1.28	1.21	1.69	1.62
Current Income Taxes Payable	-	2.82	2.56	0.98	-	0.08
Current Unearned Revenue	-	3.14	6.08	5.76	5.18	6.31
Other Current Liabilities	124.39	0.13	1.24	1.5	5.6	-
Total Current Liabilities	124.39	87.46	76.07	125.5	99.5	44.49
Long-Term Debt	75.72	43.75	35.11	0.35	45.86	67.08
Long-Term Leases	-	56.27	56.56	44.97	10.25	11.65
Long-Term Deferred Tax Liabilities	-	0.7	-	1.37	0.09	23.34
Other Long-Term Liabilities	-	0.35	1.06	0.27	-	-
Total Liabilities	200.11	188.53	168.8	172.46	155.68	146.56
Common Stock	-50.38	856.24	856.42	858.14	854.95	851.85
Additional Paid-In Capital	-	226.24	225.25	225.13	224.84	216.11
Retained Earnings	-	-1,126	-1,026	-963.7	-856.25	-800.07
Comprehensive Income & Other	-	6.07	6.81	1.78	1.95	15.16
Total Common Equity	-50.38	-37.2	62.39	121.35	225.49	283.05
Minority Interest	-	-	-	0.17	0.18	-
Shareholders' Equity	-50.38	-37.2	62.39	121.52	225.67	283.05
Total Liabilities & Equity	149.74	151.32	231.19	293.98	381.35	429.6
Total Debt	75.72	129.63	109.99	108.71	101.35	85.01
Net Cash (Debt)	-72.68	-126.62	-107.96	-106.5	-97.12	-76.15
Net Cash Per Share	-0.19	-0.33	-0.28	-0.28	-0.26	-0.21
Filing Date Shares Outstanding	391.23	391.23	384.83	377.6	374.27	323.26
Total Common Shares Outstanding	391.23	391.23	384.83	377.52	374.08	323.26
Working Capital	-85.95	-46.61	-19.8	-39.57	1.12	57.4
Book Value Per Share	-0.13	-0.10	0.16	0.32	0.60	0.88
Tangible Book Value	-50.38	-99.47	-40.13	-2.11	26.18	55.99
Tangible Book Value Per Share	-0.13	-0.25	-0.10	-0.01	0.07	0.17
Land	-	5.01	6.27	6.43	0.17	0.17
Buildings	-	51.87	51.88	60.18	15.04	14.78
Machinery	-	14.62	14.28	14.74	13.45	12.51
Construction In Progress	-	0.48	0.31	0.61	3.39	6.94
Leasehold Improvements	-	10.44	10.38	9.96	46.59	39.66

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