Evolution PowerX 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	Jun '26 Jun 30, 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	9.68	11.14	30.67	3.79	1.06	0.88
Short-Term Investments	5.66	1.03	3.44	1.33	0.55	0.27
Cash & Short-Term Investments	15.34	12.17	34.12	5.11	1.61	1.14
Cash Growth	97.62%	-64.34%	567.39%	217.23%	41.09%	20.95%
Accounts Receivable	6.54	7.48	6.66	7.46	8.05	5.71
Receivables	6.54	7.48	6.66	7.46	8.05	5.71
Inventory	1.28	1.12	0.37	0.29	0.33	0.3
Total Current Assets	23.16	20.77	41.14	12.86	9.99	7.15
Property, Plant & Equipment	101.79	94.56	70.25	55.53	41.82	40.95
Goodwill	5.47	5.47	0.35	0.35	0.35	0.35
Other Intangible Assets	1.05	1.13	0.05	0.1	0.15	0.2
Long-Term Deferred Tax Assets	6.07	6.32	6.55	3.97	3.06	2.49
Total Assets	137.54	128.25	118.34	72.81	55.37	51.15
Accounts Payable	2.92	4.36	2.8	2.35	2.01	1.63
Current Portion of Long-Term Debt	3.91	2.44	0.22	0.2	0.11	0.45
Current Portion of Leases	1.83	1.96	1.84	1.15	0.49	0.77
Total Current Liabilities	8.67	8.76	4.86	3.7	2.62	2.86
Long-Term Debt	27.12	20.41	20.6	21.34	14.37	13.22
Long-Term Leases	1.51	2.05	4.55	3.01	0.53	0.35
Long-Term Deferred Tax Liabilities	9.75	9.62	6.01	3.97	3.06	2.49
Total Liabilities	47.04	40.84	36.03	32.01	20.59	18.93
Common Stock	103.37	102.63	101.12	65.32	67	68.17
Additional Paid-In Capital	21.38	20.85	20.73	20.16	18.64	17.18
Retained Earnings	-34.26	-36.61	-40.14	-44.68	-50.85	-53.13
Comprehensive Income & Other	-	0.53	0.61	-	-	-
Shareholders' Equity	90.49	87.41	82.31	40.8	34.79	32.22
Total Liabilities & Equity	137.54	128.25	118.34	72.81	55.37	51.15
Total Debt	34.37	26.86	27.22	25.7	15.51	14.8
Net Cash (Debt)	-19.03	-14.69	6.9	-20.59	-13.9	-13.66
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.24	-0.18	0.10	-0.40	-0.28	-0.28
Filing Date Shares Outstanding	80.97	81.74	77.53	49.79	50.31	47.47
Total Common Shares Outstanding	81.08	80.39	77.23	49.69	50.97	47.88
Working Capital	14.49	12.01	36.28	9.16	7.37	4.3
Book Value Per Share	1.12	1.09	1.07	0.82	0.68	0.67
Tangible Book Value	83.98	80.81	81.92	40.35	34.29	31.67
Tangible Book Value Per Share	1.04	1.01	1.06	0.81	0.67	0.66
Land	4.18	4.42	6.77	6.77	4.12	4.68
Buildings	10.28	8.36	1.64	1.52	1.52	1.51
Machinery	125.26	120.23	90.91	81.39	69.62	66.37
Construction In Progress	6.02	0.92	6.74	1.46	1.79	0.6
Leasehold Improvements	0.58	0.62	0.58	0.29	0.29	0.25