Calfrac Well Services Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Cash & Equivalents	0.58	44.05	34.14	8.5	-	29.83	Upgrade
Cash & Short-Term Investments	0.58	44.05	34.14	8.5	-	29.83	Upgrade
Cash Growth	-96.73%	29.01%	301.74%	-	-	-29.91%	Upgrade
Accounts Receivable	303.97	236.32	238.14	235.79	183.47	132.46	Upgrade
Other Receivables	-	14.79	5.84	2.98	9.22	8.56	Upgrade
Receivables	303.97	251.11	243.98	238.77	192.69	141.02	Upgrade
Inventory	114.22	145.51	123.02	108.87	101.84	83.29	Upgrade
Prepaid Expenses	17.57	26.45	22.8	12.3	13	17.05	Upgrade
Other Current Assets	64.79	45.34	34.08	45.94	-	-	Upgrade
Total Current Assets	501.14	512.45	458.02	414.37	307.53	271.19	Upgrade
Property, Plant & Equipment	697.19	693.39	639.18	566.38	585.43	641.27	Upgrade
Long-Term Deferred Tax Assets	29	29	29	15	-	-	Upgrade
Total Assets	1,227	1,235	1,126	995.75	892.96	912.46	Upgrade
Accounts Payable	150.93	173.97	176.82	171.6	127.44	101.78	Upgrade
Short-Term Debt	-	-	-	-	1.35	-	Upgrade
Current Portion of Long-Term Debt	310.03	150	-	2.53	-	-	Upgrade
Current Portion of Leases	8.33	9.54	10.73	9.75	8	7.96	Upgrade
Current Income Taxes Payable	18.86	9.7	-	0.96	-	-	Upgrade
Other Current Liabilities	50.91	30.95	20.86	18.85	-	-	Upgrade
Total Current Liabilities	539.07	374.16	208.4	203.7	136.8	109.74	Upgrade
Long-Term Debt	-	170.91	250.78	329.19	388.48	324.63	Upgrade
Long-Term Leases	11.85	13.95	13.7	13.44	12.56	14.01	Upgrade
Long-Term Deferred Tax Liabilities	8.51	22.5	37.41	26.45	26.29	53.84	Upgrade
Total Liabilities	559.42	581.51	510.29	572.78	564.12	502.23	Upgrade
Common Stock	911.9	911.79	910.91	865.06	801.18	800.18	Upgrade
Additional Paid-In Capital	76.19	77.16	78.67	70.14	68.26	65.99	Upgrade
Retained Earnings	-354.16	-379.49	-389.87	-580.54	-592.22	-509.41	Upgrade
Comprehensive Income & Other	33.96	43.88	16.2	68.32	51.63	53.47	Upgrade
Total Common Equity	667.9	653.33	615.9	422.97	328.84	410.23	Upgrade
Shareholders' Equity	667.9	653.33	615.9	422.97	328.84	410.23	Upgrade
Total Liabilities & Equity	1,227	1,235	1,126	995.75	892.96	912.46	Upgrade
Total Debt	330.21	344.39	275.21	354.91	410.39	346.6	Upgrade
Net Cash (Debt)	-329.63	-300.35	-241.07	-346.41	-410.39	-316.77	Upgrade
Net Cash Per Share	-3.84	-3.49	-2.73	-4.09	-10.93	-75.01	Upgrade
Filing Date Shares Outstanding	85.89	85.89	85.72	80.78	37.7	37.41	Upgrade
Total Common Shares Outstanding	85.89	85.87	85.72	80.73	37.7	37.41	Upgrade
Working Capital	-37.93	138.29	249.62	210.67	170.74	161.45	Upgrade
Book Value Per Share	7.78	7.61	7.19	5.24	8.72	10.97	Upgrade
Tangible Book Value	667.9	653.33	615.9	422.97	328.84	410.23	Upgrade
Tangible Book Value Per Share	7.78	7.61	7.19	5.24	8.72	10.97	Upgrade
Land	-	38.19	38.09	38.58	33.42	35.1	Upgrade
Buildings	-	88.28	90.88	90.58	90.21	90.07	Upgrade
Machinery	-	2,743	2,569	2,465	2,409	2,350	Upgrade
Construction In Progress	-	81.4	90.09	47.65	22.95	15.18	Upgrade
Leasehold Improvements	-	8.83	8.83	8.83	8.71	8.71	Upgrade

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