Avicanna Inc. (TSX:AVCN)

Avicanna Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.2	0.28	0.45	0.48	1.19	0.03
Cash & Short-Term Investments	0.2	0.28	0.45	0.48	1.19	0.03
Cash Growth	-3.48%	-37.36%	-6.11%	-60.04%	3751.24%	-98.77%
Accounts Receivable	2.8	2.42	2.39	2.28	1.37	1.13
Other Receivables	1.29	1.13	0.36	0.69	0.78	1.21
Receivables	4.09	3.55	2.75	2.97	2.15	2.34
Inventory	4.29	3.59	3.23	4.46	3.11	3
Prepaid Expenses	0.46	0.22	0.47	0.47	0.48	0.9
Other Current Assets	0.32	0.25	0.04	0.08	0.13	1.08
Total Current Assets	9.36	7.9	6.94	8.46	7.06	7.35
Property, Plant & Equipment	13.94	12.39	11.27	11.99	10.39	14.47
Long-Term Investments	-	-	-	-	-	0.18
Goodwill	0.33	0.33	0.33	0.33	-	-
Other Intangible Assets	0.51	0.63	0.87	1.19	0.17	0.3
Total Assets	24.13	21.24	19.41	21.97	17.62	22.3

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	9	8.51	7.11	8.87	4.75	7.29
Short-Term Debt	0.17	-	-	-	1.86	-
Current Portion of Long-Term Debt	-	-	-	1.56	0.8	1.09
Current Portion of Leases	-	-	0.11	0.15	0.15	0.16
Current Unearned Revenue	0.38	0.38	0.42	0.42	-	-
Other Current Liabilities	0.09	0.29	0.97	1.39	3.84	3.66
Total Current Liabilities	9.63	9.18	8.6	12.38	11.41	12.2
Long-Term Debt	-	-	-	-	0.18	0.42
Long-Term Leases	-	-	-	0.1	0.22	-
Long-Term Unearned Revenue	0.49	0.68	1.11	1.52	2.35	2.78
Total Liabilities	10.12	9.86	9.71	14	14.16	15.39

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	90.83	88.26	86.38	81.03	74.89	66.24
Retained Earnings	-106.84	-105.24	-102.39	-98.71	-90.83	-77.41
Comprehensive Income & Other	20.61	19.82	18.63	17.58	15.55	12.31
Total Common Equity	4.6	2.84	2.62	-0.11	-0.38	1.15
Minority Interest	9.41	8.54	7.08	8.08	3.84	5.76
Shareholders' Equity	14.01	11.39	9.7	7.97	3.46	6.91
Total Liabilities & Equity	24.13	21.24	19.41	21.97	17.62	22.3

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.17	-	0.11	1.8	3.21	1.66
Net Cash (Debt)	0.03	0.28	0.34	-1.33	-2.02	-1.63
Net Cash Growth	-81.91%	-17.17%	-	-	-	-
Net Cash Per Share	0.00	0.00	0.00	-0.02	-0.03	-0.04
Filing Date Shares Outstanding	134.38	125.79	111.86	92.29	83.2	53.41
Total Common Shares Outstanding	134.38	118.04	110.22	90.68	74.95	45.88
Working Capital	-0.28	-1.28	-1.67	-3.92	-4.34	-4.84
Book Value Per Share	0.03	0.02	0.02	-0.00	-0.01	0.02
Tangible Book Value	3.76	1.88	1.42	-1.63	-0.55	0.85
Tangible Book Value Per Share	0.03	0.02	0.01	-0.02	-0.01	0.02
Land	8.36	7.4	6.59	6.92	5.69	7.79
Machinery	6.5	5.7	5.03	5.19	4.35	5.42
Construction In Progress	0.72	0.64	0.48	0.22	0.18	0.26

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 29, 2026

Data Sources Report a data error