VerticalScope Holdings Inc. (TSX:FORA)

VerticalScope Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.26	16.37	5.19	6.02	8.77	20.49
Cash & Short-Term Investments	7.26	16.37	5.19	6.02	8.77	20.49
Cash Growth	-10.80%	215.52%	-13.73%	-31.39%	-57.22%	345.18%
Accounts Receivable	18.9	14.36	14.85	13.74	15.96	15.62
Other Receivables	1.27	1.24	1.14	1.82	0.32	0.54
Receivables	20.17	15.6	15.99	15.57	16.28	16.17
Prepaid Expenses	0.87	0.57	0.76	0.8	1.13	0.95
Restricted Cash	0.17	0.16	0.1	0.09	0.12	0.18
Other Current Assets	-	0.01	-	0.05	-	0.02
Total Current Assets	28.48	32.72	22.03	22.53	26.29	37.81
Property, Plant & Equipment	0.67	0.82	2.05	2.88	2.81	3.62
Long-Term Investments	-	-	-	-	-	1
Goodwill	54.91	54.91	52.64	52.64	52.64	53.44
Other Intangible Assets	17.83	25.85	37.6	52.48	70.58	98.81
Long-Term Accounts Receivable	0.03	0.1	-	0.35	0.93	1.59
Long-Term Deferred Tax Assets	19.76	17.87	17.94	21.79	23.99	20.66
Other Long-Term Assets	0.09	0.07	0.15	0.28	0.32	0.41
Total Assets	121.77	132.34	132.41	152.95	177.56	217.33

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	14.84	10.09	6.86	5.56	8.33	9.95
Current Portion of Long-Term Debt	0.49	0.62	0.69	3.61	3.21	3.15
Current Portion of Leases	0.49	0.45	0.95	1.23	1.03	1.2
Current Income Taxes Payable	0.27	0.32	0.43	0.23	0.55	1.08
Current Unearned Revenue	1.1	1.01	1.13	1.16	0.89	1.03
Other Current Liabilities	0.04	-	0.15	-	15	7.92
Total Current Liabilities	17.22	12.48	10.2	11.79	29.01	24.32
Long-Term Debt	32	44	38	54.43	54.88	75.97
Long-Term Leases	0.32	0.56	1.18	2.25	2.52	3.73
Long-Term Unearned Revenue	-	-	-	-	0	0.01
Long-Term Deferred Tax Liabilities	-	-	0.32	3.61	8.31	11.28
Other Long-Term Liabilities	0.03	0.03	0.03	0.19	1.33	5.76
Total Liabilities	49.56	57.07	49.72	72.27	96.06	121.09

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	160.24	159.38	163.25	167.71	160.56	160.18
Additional Paid-In Capital	23.35	23.32	25.41	22.44	25.31	15.57
Retained Earnings	-111.24	-107.28	-105.83	-109.31	-104.28	-79.51
Comprehensive Income & Other	-0.15	-0.15	-0.15	-0.15	-0.09	0
Shareholders' Equity	72.2	75.27	82.69	80.69	81.5	96.24
Total Liabilities & Equity	121.77	132.34	132.41	152.95	177.56	217.33

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	33.3	45.62	40.82	61.52	61.64	84.06
Net Cash (Debt)	-26.03	-29.25	-35.63	-55.51	-52.87	-63.56
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.20	-1.36	-1.65	-2.60	-2.48	-3.08
Filing Date Shares Outstanding	21.84	21.68	21.71	21.65	21.23	21.28
Total Common Shares Outstanding	21.84	21.61	21.4	21.62	21.23	21.28
Working Capital	11.25	20.24	11.84	10.74	-2.72	13.49
Book Value Per Share	3.31	3.48	3.86	3.73	3.84	4.52
Tangible Book Value	-0.54	-5.48	-7.55	-24.43	-41.72	-56
Tangible Book Value Per Share	-0.02	-0.25	-0.35	-1.13	-1.97	-2.63
Machinery	-	-	-	2.07	2.1	2.35
Leasehold Improvements	-	-	-	1.02	1	0.28

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 4, 2026

Data Sources Report a data error