VerticalScope Holdings Inc. (TSX:FORA)

VerticalScope Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.19	6.02	8.77	20.49	4.6
Cash & Short-Term Investments	5.19	6.02	8.77	20.49	4.6
Cash Growth	-13.73%	-31.39%	-57.22%	345.18%	-9.96%
Accounts Receivable	14.85	13.74	15.96	15.62	14.3
Other Receivables	1.14	1.82	0.32	0.54	0.9
Receivables	15.99	15.57	16.28	16.17	15.2
Prepaid Expenses	0.76	0.8	1.13	0.95	0.27
Restricted Cash	0.1	0.09	0.12	0.18	-
Other Current Assets	-	0.05	-	0.02	0.08
Total Current Assets	22.03	22.53	26.29	37.81	20.16
Property, Plant & Equipment	2.05	2.88	2.81	3.62	4.46
Long-Term Investments	-	-	-	1	2.45
Goodwill	52.64	52.64	52.64	53.44	11.84
Other Intangible Assets	37.6	52.48	70.58	98.81	32.71
Long-Term Accounts Receivable	-	0.35	0.93	1.59	-
Long-Term Deferred Tax Assets	17.94	21.79	23.99	20.66	16.07
Other Long-Term Assets	0.15	0.28	0.32	0.41	-
Total Assets	132.41	152.95	177.56	217.33	87.68
Accounts Payable	6.86	5.56	8.33	9.95	4.45
Current Portion of Long-Term Debt	0.69	3.61	3.21	3.15	8.32
Current Portion of Leases	0.95	1.23	1.03	1.2	0.71
Current Income Taxes Payable	0.43	0.23	0.55	1.08	-
Current Unearned Revenue	1.13	1.16	0.89	1.03	0.81
Other Current Liabilities	0.15	-	15	7.92	-
Total Current Liabilities	10.2	11.79	29.01	24.32	14.29
Long-Term Debt	38	54.43	54.88	75.97	93.14
Long-Term Leases	1.18	2.25	2.52	3.73	2.53
Long-Term Unearned Revenue	-	-	0	0.01	0.06
Long-Term Deferred Tax Liabilities	0.32	3.61	8.31	11.28	0.21
Other Long-Term Liabilities	0.03	0.19	1.33	5.76	-
Total Liabilities	49.72	72.27	96.06	121.09	110.23
Common Stock	163.25	167.71	160.56	160.18	34.18
Additional Paid-In Capital	25.41	22.44	25.31	15.57	10.37
Retained Earnings	-105.83	-109.31	-104.28	-79.51	-67.25
Comprehensive Income & Other	-0.15	-0.15	-0.09	0	0.15
Shareholders' Equity	82.69	80.69	81.5	96.24	-22.54
Total Liabilities & Equity	132.41	152.95	177.56	217.33	87.68
Total Debt	40.82	61.52	61.64	84.06	104.7
Net Cash (Debt)	-35.63	-55.51	-52.87	-63.56	-100.1
Net Cash Per Share	-1.65	-2.60	-2.48	-3.08	-7.17
Filing Date Shares Outstanding	21.71	21.65	21.23	21.28	13.96
Total Common Shares Outstanding	21.4	21.62	21.23	21.28	13.96
Working Capital	11.84	10.74	-2.72	13.49	5.86
Book Value Per Share	3.86	3.73	3.84	4.52	-1.62
Tangible Book Value	-7.55	-24.43	-41.72	-56	-67.09
Tangible Book Value Per Share	-0.35	-1.13	-1.97	-2.63	-4.81
Machinery	2.12	2.07	2.1	2.35	2.53
Leasehold Improvements	1.02	1.02	1	0.28	2.24

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.