Cavvy Energy Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9.5	5.8	8.58	18.33	22.27	26.22
Cash & Short-Term Investments	9.5	5.8	8.58	18.33	22.27	26.22
Cash Growth	-16.73%	-32.38%	-53.22%	-17.69%	-15.04%	136.84%
Accounts Receivable	41.01	43.51	47.75	60.21	73.28	48.16
Other Receivables	-	2.32	2.42	1.32	1.24	1.48
Receivables	41.01	45.83	50.17	61.52	74.51	49.64
Inventory	3.73	3.78	3.77	3.66	3.12	2.52
Prepaid Expenses	6.42	6.12	7.31	9.58	8.13	5.06
Restricted Cash	-	-	-	0.67	0.67	1.35
Other Current Assets	23.13	24.99	44.16	49.34	17.98	-
Total Current Assets	83.79	86.52	113.99	143.1	126.69	84.78
Property, Plant & Equipment	369.72	359.43	391.25	412.44	409.6	537.16
Long-Term Deferred Tax Assets	84.36	85.03	83.64	67.92	78.94	-
Other Long-Term Assets	-	8.16	23.55	15.07	-	0.6
Total Assets	537.87	539.14	612.42	638.54	615.22	622.54
Accounts Payable	82.53	31.07	33	44.8	22.65	74.71
Accrued Expenses	-	46.45	62.83	77.13	94.19	69.14
Current Portion of Long-Term Debt	74.18	9.7	9.89	30.75	203.25	21.65
Current Portion of Leases	1.74	1.83	1.69	2.04	1.85	1.55
Current Unearned Revenue	13.89	-	-	-	-	-
Other Current Liabilities	1.1	20.78	9.74	9.16	21.42	5.39
Total Current Liabilities	173.44	109.83	117.14	163.87	343.36	172.44
Long-Term Debt	42.95	141.14	157.9	141.47	-	209.93
Long-Term Leases	2.54	2.67	3.04	1.48	1.84	1.19
Other Long-Term Liabilities	164.64	146.95	165.92	157.32	155.26	272.2
Total Liabilities	383.56	400.59	444	464.14	500.47	655.75
Common Stock	329.48	307.18	306.31	275.94	275.88	274.32
Additional Paid-In Capital	13.96	13.92	13.64	13.19	12.82	12.88
Retained Earnings	-209.36	-212.9	-208.03	-168.78	-177.76	-324.34
Comprehensive Income & Other	20.22	30.34	56.51	54.39	4.16	4.31
Total Common Equity	154.3	138.55	168.43	174.75	115.1	-32.83
Minority Interest	-	-	-	-0.34	-0.34	-0.38
Shareholders' Equity	154.3	138.55	168.43	174.41	114.76	-33.21
Total Liabilities & Equity	537.87	539.14	612.42	638.54	615.22	622.54
Total Debt	121.4	155.35	172.51	175.73	206.94	234.32
Net Cash (Debt)	-111.9	-149.55	-163.94	-157.39	-184.67	-208.1
Net Cash Per Share	-0.36	-0.51	-0.86	-0.97	-1.15	-1.32
Filing Date Shares Outstanding	353.8	296.01	290.39	159.1	158.97	157.67
Total Common Shares Outstanding	353.8	290.68	290.39	159.09	158.96	157.65
Working Capital	-89.65	-23.3	-3.16	-20.77	-216.67	-87.67
Book Value Per Share	0.44	0.48	0.58	1.10	0.72	-0.21
Tangible Book Value	154.3	138.55	168.43	174.75	115.1	-32.83
Tangible Book Value Per Share	0.44	0.48	0.58	1.10	0.72	-0.21

Source: S&P Global Market Intelligence. Standard template. Financial Sources.