Blackline Safety Balance Sheet

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Cash & Equivalents	32.63	16.11	11.49	22.64	34.43
Short-Term Investments	14	27	4.5	8.5	20.08
Cash & Short-Term Investments	46.63	43.11	15.99	31.14	54.52
Cash Growth	8.16%	169.62%	-48.66%	-42.88%	5.81%
Accounts Receivable	43.28	33.52	31.71	17.63	17.36
Other Receivables	10.26	10.07	7.82	5.25	2.9
Receivables	53.54	43.59	39.53	22.88	20.26
Inventory	21.63	16.83	17.07	18.71	12.71
Prepaid Expenses	6.21	4.41	2.73	2.22	2.64
Other Current Assets	1.76	1.76	1.19	1.02	0.53
Total Current Assets	129.76	109.69	76.5	75.97	90.65
Property, Plant & Equipment	15.76	17.2	15.87	15.32	12.1
Goodwill	4.88	4.88	4.88	4.88	-
Other Intangible Assets	1.46	1.59	1.73	2.2	2.42
Long-Term Deferred Charges	0.81	1.04	1.51	1.62	0.78
Other Long-Term Assets	13.71	12.47	8.63	8.06	3.35
Total Assets	166.39	146.88	109.12	108.05	109.3
Accounts Payable	9.35	10.64	10.45	10.85	8.63
Accrued Expenses	14.29	12.31	10.9	8.3	5.93
Current Portion of Long-Term Debt	-	3.95	4.84	-	-
Current Portion of Leases	1.02	0.91	0.86	0.88	0.78
Current Unearned Revenue	30.6	25.43	15.23	14.15	11.78
Other Current Liabilities	2.77	2.31	2.08	1.48	1.02
Total Current Liabilities	58.03	55.55	44.36	35.66	28.15
Long-Term Debt	10.2	14.31	13.96	8.58	-
Long-Term Leases	1.68	2.03	1.63	1.79	1.59
Long-Term Unearned Revenue	16.75	15.47	15.2	9.18	5.67
Other Long-Term Liabilities	1.67	1.91	0.77	0.48	0.56
Total Liabilities	88.33	89.27	75.92	55.69	35.97
Common Stock	260.8	230.79	195.65	194.43	168.14
Additional Paid-In Capital	13.21	12.27	11.55	11.22	10.75
Retained Earnings	-203.97	-195.3	-182.71	-157.16	-103.51
Comprehensive Income & Other	8.02	9.86	8.71	3.87	-2.04
Shareholders' Equity	78.06	57.61	33.2	52.36	73.34
Total Liabilities & Equity	166.39	146.88	109.12	108.05	109.3
Total Debt	12.9	21.19	21.3	11.25	2.37
Net Cash (Debt)	33.72	21.92	-5.31	19.89	52.14
Net Cash Growth	53.86%	-	-	-61.85%	4.36%
Net Cash Per Share	0.39	0.29	-0.07	0.32	1.06
Filing Date Shares Outstanding	87.01	81.94	72.74	72.14	60.28
Total Common Shares Outstanding	86.97	81.79	72.55	72.06	60.22
Working Capital	71.73	54.14	32.14	40.31	62.51
Book Value Per Share	0.90	0.70	0.46	0.73	1.22
Tangible Book Value	71.71	51.14	26.59	45.28	70.92
Tangible Book Value Per Share	0.82	0.63	0.37	0.63	1.18
Machinery	23.99	23.55	31.85	25.75	18.32
Leasehold Improvements	0.35	0.53	1.52	1.44	1.27

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.