VerticalScope Holdings Inc. (TSX: FORA)

VerticalScope Holdings Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	7.91	6.02	8.77	20.49	4.6	5.11
Cash & Short-Term Investments	7.91	6.02	8.77	20.49	4.6	5.11
Cash Growth	-6.73%	-31.39%	-57.22%	345.18%	-9.96%	-
Accounts Receivable	11.06	13.74	15.96	15.62	14.3	11.82
Other Receivables	0.97	1.82	0.32	0.54	0.9	0.89
Total Receivables	12.03	15.57	16.28	16.17	15.2	12.71
Prepaid Expenses	0.93	0.8	1.13	0.95	0.27	0.49
Restricted Cash	0.09	0.09	0.12	0.18	-	-
Other Current Assets	-	0.05	-	0.02	0.08	-
Total Current Assets	20.96	22.53	26.29	37.81	20.16	18.32
Gross Property, Plant & Equipment	-	5.21	4.85	5.25	7.49	7.9
Accumulated Depreciation	-	-2.34	-2.04	-1.64	-3.02	-2.52
Net Property, Plant & Equipment	2.67	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	48.58	52.48	70.58	98.81	32.71	47.25
Long-Term Accounts Receivable	0.2	0.35	0.93	1.59	-	-
Long-Term Deferred Tax Assets	20.96	21.79	23.99	20.66	16.07	16.29
Other Long-Term Assets	0.28	0.28	0.32	0.41	-	-
Total Assets	146.28	152.95	177.56	217.33	87.68	102
Accounts Payable	4.75	5.56	8.33	9.95	4.45	8.36
Current Portion of Long-Term Debt	3.43	3.61	3.21	3.15	8.32	8.46
Current Portion of Leases	1.22	1.23	1.03	1.2	0.71	0.7
Current Income Taxes Payable	0.32	0.23	0.55	1.08	-	-
Current Unearned Revenue	1.27	1.16	0.89	1.03	0.81	0.7
Other Current Liabilities	0	-	15	7.92	-	0
Total Current Liabilities	10.99	11.79	29.01	24.32	14.29	18.22
Long-Term Debt	51.53	54.43	54.88	75.97	93.14	103.02
Long-Term Leases	1.89	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	2.57	3.61	8.31	11.28	0.21	0.66
Other Long-Term Liabilities	0.19	0.19	1.33	5.76	-	-
Total Liabilities	67.17	72.27	96.06	121.09	110.23	125
Common Stock	167.35	167.71	160.56	160.18	34.18	34.18
Additional Paid-In Capital	22.53	22.44	25.31	15.57	10.37	8.41
Retained Earnings	-110.65	-109.31	-104.28	-79.51	-67.25	-65.59
Comprensive Income & Other	-0.12	-0.15	-0.09	0	0.15	-
Shareholders' Equity	79.11	80.69	81.5	96.24	-22.54	-23
Total Liabilities & Equity	146.28	152.95	177.56	217.33	87.68	102
Total Debt	58.07	61.52	61.64	84.06	104.7	115.16
Net Cash (Debt)	-50.16	-55.51	-52.87	-63.56	-100.1	-110.05
Net Cash Per Share	-2.34	-2.60	-2.48	-3.08	-7.17	-7.88
Filing Date Shares Outstanding	21.55	21.65	21.23	21.28	13.96	13.96
Total Common Shares Outstanding	21.62	21.62	21.23	21.28	13.96	13.96
Working Capital	9.97	10.74	-2.72	13.49	5.86	0.09
Book Value Per Share	3.66	3.73	3.84	4.52	-1.62	-1.65
Tangible Book Value	-22.1	-24.43	-41.72	-56	-67.09	-82.09
Tangible Book Value Per Share	-1.02	-1.13	-1.97	-2.63	-4.81	-5.88
Machinery	-	2.07	2.1	2.35	2.53	2.58

Source: S&P Capital IQ. Standard template.