Vireo Growth Balance Sheet

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

Millions USD. 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	97.15	91.6	15.96	15.15	15.16	25.51
Cash & Short-Term Investments	98.16	91.6	15.96	15.15	15.16	25.51
Cash Growth	1248.43%	473.80%	5.38%	-0.04%	-40.60%	233.87%
Accounts Receivable	11.19	2.87	2.26	1.42	1.25	0.49
Other Receivables	15.4	13.57	12.93	0.11	0.04	0.21
Receivables	26.59	16.44	18.94	1.53	1.29	0.99
Inventory	53.9	21.67	19.29	20.51	20.42	12.64
Prepaid Expenses	5.11	1.65	1.34	2.54	1.56	1.55
Restricted Cash	20.39	-	-	-	-	1.59
Other Current Assets	103.8	99.01	93.33	7	3.21	4.74
Total Current Assets	307.96	230.37	148.85	46.73	41.64	47.04
Property, Plant & Equipment	158.35	40.17	25.31	95.72	108	38.73
Goodwill	97.29	-	-	0.18	0.18	3.13
Other Intangible Assets	89.65	7.9	8.72	8.78	10.18	8.41
Long-Term Deferred Tax Assets	-	-	-	1.69	1.5	0.16
Other Long-Term Assets	19.66	0.42	0.38	2.31	1.72	1.41
Total Assets	678.92	278.86	183.26	159.16	166.97	102.63
Accounts Payable	14.91	2.3	1.77	1.91	1.49	0.9
Accrued Expenses	102.58	40.16	27.21	6.17	7.71	5.11
Current Portion of Long-Term Debt	17.28	0.9	60.22	11.78	-	2.01
Current Portion of Leases	4.77	1.4	0.89	1.68	1.6	0.86
Current Income Taxes Payable	2.94	0.26	0.22	6.17	5.2	7.23
Current Unearned Revenue	2.46	1.05	0.83	0.68	0.41	0.24
Other Current Liabilities	89.98	89.39	88.33	1.32	-	3.6
Total Current Liabilities	234.91	135.47	179.47	29.71	16.41	19.94
Long-Term Debt	139.91	71.3	9.14	46.25	27.33	-
Long-Term Leases	41.77	16.49	10.54	79.76	80.23	20.34
Other Long-Term Liabilities	16.02	0.04	0.16	-	-	-
Total Liabilities	432.61	223.3	199.31	155.72	123.96	40.28
Additional Paid-In Capital	525.48	287	187.38	181.32	178.43	164.08
Retained Earnings	-279.18	-231.44	-203.43	-177.88	-135.42	-101.73
Shareholders' Equity	246.31	55.56	-16.04	3.44	43.01	62.35
Total Liabilities & Equity	678.92	278.86	183.26	159.16	166.97	102.63
Total Debt	203.74	90.09	80.79	139.47	109.16	23.21
Net Cash (Debt)	-105.57	1.51	-64.83	-124.32	-94	2.3
Net Cash Per Share	-0.20	0.01	-0.48	-0.97	-0.76	0.02
Filing Date Shares Outstanding	1,065	367.15	143.13	128.13	128.11	117.2
Total Common Shares Outstanding	949.86	366.05	143.13	128.13	128.11	113.02
Working Capital	73.06	94.9	-30.62	17.02	25.23	27.1
Book Value Per Share	0.26	0.15	-0.11	0.03	0.34	0.55
Tangible Book Value	59.36	47.66	-24.76	-5.52	32.64	50.8
Tangible Book Value Per Share	0.06	0.13	-0.17	-0.04	0.25	0.45
Land	1.34	0.86	0.86	0.86	1.37	1.31
Buildings	78.69	16.36	15.12	17.57	15.53	7.28
Machinery	23.55	7.94	8.09	10.36	8.48	5.02
Construction In Progress	24.57	9.86	0.13	0.79	10.51	9.28

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