VerticalScope Holdings Inc. (TSX: FORA)

VerticalScope Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5.83	6.02	8.77	20.49	4.6	5.11
Cash & Short-Term Investments	5.83	6.02	8.77	20.49	4.6	5.11
Cash Growth	-9.34%	-31.39%	-57.22%	345.18%	-9.96%	-
Accounts Receivable	13.88	13.74	15.96	15.62	14.3	11.82
Other Receivables	0.25	1.82	0.32	0.54	0.9	0.89
Receivables	14.13	15.57	16.28	16.17	15.2	12.71
Prepaid Expenses	0.88	0.8	1.13	0.95	0.27	0.49
Restricted Cash	0.1	0.09	0.12	0.18	-	-
Other Current Assets	1.51	0.05	-	0.02	0.08	-
Total Current Assets	22.44	22.53	26.29	37.81	20.16	18.32
Property, Plant & Equipment	2.24	2.88	2.81	3.62	4.46	5.37
Long-Term Investments	-	-	-	1	2.45	2.93
Goodwill	52.64	52.64	52.64	53.44	11.84	11.84
Other Intangible Assets	41.17	52.48	70.58	98.81	32.71	47.25
Long-Term Accounts Receivable	-	0.35	0.93	1.59	-	-
Long-Term Deferred Tax Assets	18.62	21.79	23.99	20.66	16.07	16.29
Other Long-Term Assets	0.27	0.28	0.32	0.41	-	-
Total Assets	137.38	152.95	177.56	217.33	87.68	102
Accounts Payable	8.54	5.56	8.33	9.95	4.45	8.36
Current Portion of Long-Term Debt	2.61	3.61	3.21	3.15	8.32	8.46
Current Portion of Leases	1.14	1.23	1.03	1.2	0.71	0.7
Current Income Taxes Payable	0.09	0.23	0.55	1.08	-	-
Current Unearned Revenue	1.22	1.16	0.89	1.03	0.81	0.7
Other Current Liabilities	0	-	15	7.92	-	0
Total Current Liabilities	13.6	11.79	29.01	24.32	14.29	18.22
Long-Term Debt	40	54.43	54.88	75.97	93.14	103.02
Long-Term Leases	1.37	2.25	2.52	3.73	2.53	2.98
Long-Term Unearned Revenue	-	-	0	0.01	0.06	0.11
Long-Term Deferred Tax Liabilities	0.64	3.61	8.31	11.28	0.21	0.66
Other Long-Term Liabilities	0.03	0.19	1.33	5.76	-	-
Total Liabilities	55.63	72.27	96.06	121.09	110.23	125
Common Stock	166.18	167.71	160.56	160.18	34.18	34.18
Additional Paid-In Capital	23.05	22.44	25.31	15.57	10.37	8.41
Retained Earnings	-107.29	-109.31	-104.28	-79.51	-67.25	-65.59
Comprehensive Income & Other	-0.2	-0.15	-0.09	0	0.15	-
Shareholders' Equity	81.75	80.69	81.5	96.24	-22.54	-23
Total Liabilities & Equity	137.38	152.95	177.56	217.33	87.68	102
Total Debt	45.12	61.52	61.64	84.06	104.7	115.16
Net Cash (Debt)	-39.28	-55.51	-52.87	-63.56	-100.1	-110.05
Net Cash Per Share	-1.83	-2.60	-2.48	-3.08	-7.17	-7.88
Filing Date Shares Outstanding	20.11	21.65	21.23	21.28	13.96	13.96
Total Common Shares Outstanding	20.11	21.62	21.23	21.28	13.96	13.96
Working Capital	8.85	10.74	-2.72	13.49	5.86	0.09
Book Value Per Share	4.06	3.73	3.84	4.52	-1.62	-1.65
Tangible Book Value	-12.05	-24.43	-41.72	-56	-67.09	-82.09
Tangible Book Value Per Share	-0.60	-1.13	-1.97	-2.63	-4.81	-5.88
Machinery	-	2.07	2.1	2.35	2.53	2.58
Leasehold Improvements	-	1.02	1	0.28	2.24	1.98

Source: S&P Capital IQ. Standard template. Financial Sources.