Badger Infrastructure Solutions Ltd. (TSX:BDGI)

TSX:BDGI 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	1.12	14.62	8.51	5.4	4.14	13.57
Cash & Short-Term Investments	1.12	14.62	8.51	5.4	4.14	13.57
Cash Growth	-86.67%	71.70%	57.71%	30.48%	-69.52%	100.03%
Accounts Receivable	162.92	166.09	158.02	141.5	113.81	116.24
Other Receivables	4.86	4.86	7.72	-	10.66	4.26
Receivables	167.78	170.94	165.74	141.5	124.46	120.5
Inventory	11.08	11.7	13.33	25.21	10.7	7.33
Prepaid Expenses	11.09	8.51	8.52	9.55	5.74	6.7
Other Current Assets	2.14	0.51	3.42	-	-	-
Total Current Assets	193.21	206.29	199.53	181.66	145.04	148.11
Property, Plant & Equipment	446.82	437.67	405.83	328.32	308.35	315.4
Goodwill	1.13	1.13	1.23	1.2	1.28	1.27
Other Intangible Assets	23.68	24.34	23.6	21.83	23.65	24.07
Other Long-Term Assets	-	-	2.83	-	-	-
Total Assets	664.84	669.42	633.01	533	478.31	488.84
Accounts Payable	84.66	27.5	29.67	24.36	15.38	12.96
Accrued Expenses	17.76	70.78	69.15	54.49	52.86	49.19
Current Portion of Long-Term Debt	-	-	-	-	25	24.98
Current Portion of Leases	18.32	18.2	15.08	8.75	5.87	4.25
Current Income Taxes Payable	-	-	-	1.14	-	-
Other Current Liabilities	4.43	28.07	11.66	15.59	3.11	1.37
Total Current Liabilities	125.16	144.54	125.56	104.33	102.22	92.75
Long-Term Debt	193.16	170.03	163.69	138.88	95.62	78.4
Long-Term Leases	30.6	32.05	32.15	18.36	9.54	7.69
Long-Term Deferred Tax Liabilities	57.72	56	53.77	47.51	48.67	49.66
Other Long-Term Liabilities	3.86	8.6	12.85	1.07	0.46	2.52
Total Liabilities	410.5	411.22	388.02	310.15	256.5	231.02
Common Stock	65.37	65.84	66.95	66.95	66.95	61.88
Additional Paid-In Capital	0.42	0.42	0.42	0.42	0.42	0.43
Retained Earnings	193.43	196.71	183.39	159.33	158.5	180.51
Comprehensive Income & Other	-4.87	-4.77	-5.77	-3.86	-4.06	15
Shareholders' Equity	254.35	258.2	244.99	222.85	221.82	257.82
Total Liabilities & Equity	664.84	669.42	633.01	533	478.31	488.84
Total Debt	242.07	220.28	210.92	165.99	136.03	115.32
Net Cash (Debt)	-240.95	-205.66	-202.41	-160.59	-131.89	-101.74
Net Cash Per Share	-7.02	-5.97	-5.87	-4.66	-3.81	-2.92
Filing Date Shares Outstanding	33.93	34	34.47	34.47	34.47	34.85
Total Common Shares Outstanding	33.93	34.23	34.47	34.47	34.47	34.85
Working Capital	68.05	61.74	73.97	77.32	42.82	55.36
Book Value Per Share	7.50	7.54	7.11	6.46	6.43	7.40
Tangible Book Value	229.54	232.73	220.17	199.82	196.88	232.48
Tangible Book Value Per Share	6.76	6.80	6.39	5.80	5.71	6.67
Land	36.96	36.79	38.19	35.27	32.97	28.99
Machinery	690.09	677.57	630.16	554.26	530.04	507.26
Construction In Progress	26.78	22.15	19.81	17.17	12.96	15.98

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.