FirstService Corporation (TSX:FSV)

FirstService Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	219.92	227.6	187.62	136.22	165.67	184.3
Cash & Short-Term Investments	219.92	227.6	187.62	136.22	165.67	184.3
Cash Growth	1.03%	21.31%	37.73%	-17.77%	-10.11%	52.06%
Accounts Receivable	958.61	947.52	842.24	635.94	551.56	418.89
Other Receivables	17.11	9.43	8.81	20.89	6.84	7.4
Receivables	975.71	956.95	851.05	656.84	558.41	426.29
Inventory	291.4	279.63	246.19	242.34	161.39	141.98
Prepaid Expenses	88.74	79.09	56.89	50.35	50.6	42.11
Restricted Cash	25.6	16.09	19.26	23.13	28.61	24.64
Total Current Assets	1,601	1,559	1,361	1,109	964.66	819.32
Property, Plant & Equipment	561.8	494.51	422.49	372.56	297.8	279.75
Goodwill	1,473	1,395	1,180	886.09	843.36	703.74
Other Intangible Assets	718.09	715.48	628.01	368.45	382.11	378.76
Long-Term Deferred Tax Assets	2.13	2.11	1.75	1.7	1.76	2.05
Other Long-Term Assets	28.94	28.01	32.67	36.85	19.34	12.92
Total Assets	4,385	4,195	3,626	2,775	2,509	2,197
Accounts Payable	171.97	174.07	143.35	115.99	100.13	98.5
Accrued Expenses	382.09	360.7	320.59	275.93	280.91	248.46
Current Portion of Long-Term Debt	-0	30	37.13	35.67	57.44	56.48
Current Portion of Leases	71.83	64.68	50.9	49.15	48.05	35.32
Current Income Taxes Payable	7.07	8.38	1.47	2.79	2.55	7.89
Current Unearned Revenue	217.24	190.89	178.59	125.54	116.42	90.13
Other Current Liabilities	57.75	22.05	38.75	31.93	12.98	6.97
Total Current Liabilities	907.94	850.77	770.77	636.99	618.47	543.75
Long-Term Debt	1,168	1,240	1,125	698.8	595.37	533.13
Long-Term Leases	272.12	231.45	203.97	168.56	122.34	128.79
Long-Term Unearned Revenue	25.37	23.28	21.38	17.86	15.08	13.94
Long-Term Deferred Tax Liabilities	100.8	84.9	53.02	51.1	42.07	41.35
Other Long-Term Liabilities	99.41	127.27	94.56	60.31	96.84	82.15
Total Liabilities	2,574	2,558	2,269	1,634	1,490	1,343
Common Stock	1,005	929.91	855.82	813.03	797.43	770.03
Additional Paid-In Capital	111.29	104.79	95.22	83.01	68.25	59.3
Retained Earnings	233.98	165.47	77.48	17.35	-67.92	-171.09
Comprehensive Income & Other	-10.58	-12.43	-4.37	-5.92	1.97	2.15
Total Common Equity	1,339	1,188	1,024	907.47	799.72	660.4
Minority Interest	472.17	449.34	332.96	233.43	219.14	193.03
Shareholders' Equity	1,812	1,637	1,357	1,141	1,019	853.43
Total Liabilities & Equity	4,385	4,195	3,626	2,775	2,509	2,197
Total Debt	1,512	1,566	1,417	952.17	823.19	753.71
Net Cash (Debt)	-1,292	-1,339	-1,229	-815.95	-657.52	-569.42
Net Cash Per Share	-28.27	-29.56	-27.44	-18.34	-14.81	-13.19
Filing Date Shares Outstanding	45.71	45.44	44.97	44.55	44.19	43.81
Total Common Shares Outstanding	45.71	45.27	44.68	44.23	44.01	43.59
Working Capital	693.42	708.59	590.23	471.88	346.19	275.57
Book Value Per Share	29.30	26.24	22.92	20.52	18.17	15.15
Tangible Book Value	-851.64	-923.12	-783.69	-347.07	-425.75	-422.1
Tangible Book Value Per Share	-18.63	-20.39	-17.54	-7.85	-9.67	-9.68
Land	-	0.02	0.03	1.28	1.28	1.94
Buildings	-	4.57	4.55	9.28	4.72	6.17
Machinery	-	609.14	543.05	464.73	382.8	332.83
Leasehold Improvements	-	83.29	65.83	50.62	48.65	47.33
Order Backlog	-	924.8	838.34	631.66	464.13	376.48

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.