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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	201.81	227.6	187.62	136.22	165.67	184.3
Cash & Short-Term Investments	201.81	227.6	187.62	136.22	165.67	184.3
Cash Growth	-4.32%	21.31%	37.73%	-17.77%	-10.11%	52.06%
Accounts Receivable	983.05	947.52	842.24	635.94	551.56	418.89
Other Receivables	-	9.43	8.81	20.89	6.84	7.4
Receivables	983.05	956.95	851.05	656.84	558.41	426.29
Inventory	-	279.63	246.19	242.34	161.39	141.98
Prepaid Expenses	414.84	79.09	56.89	50.35	50.6	42.11
Restricted Cash	23.06	16.09	19.26	23.13	28.61	24.64
Total Current Assets	1,623	1,559	1,361	1,109	964.66	819.32
Property, Plant & Equipment	548.25	494.51	422.49	372.56	297.8	279.75
Goodwill	-	1,395	1,180	886.09	843.36	703.74
Other Intangible Assets	2,168	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	28.12	28.01	32.67	36.85	19.34	12.92
Total Assets	4,369	4,195	3,626	2,775	2,509	2,197
Accounts Payable	577.16	174.07	143.35	115.99	100.13	98.5
Accrued Expenses	-	360.7	320.59	275.93	280.91	248.46
Current Portion of Long-Term Debt	13.23	30	37.13	35.67	57.44	56.48
Current Portion of Leases	56.94	64.68	50.9	49.15	48.05	35.32
Current Income Taxes Payable	-	8.38	1.47	2.79	2.55	7.89
Current Unearned Revenue	243.68	190.89	178.59	125.54	116.42	90.13
Other Current Liabilities	40.98	22.05	38.75	31.93	12.98	6.97
Total Current Liabilities	931.98	850.77	770.77	636.99	618.47	543.75
Long-Term Debt	1,229	1,240	1,125	698.8	595.37	533.13
Long-Term Leases	249.53	231.45	203.97	168.56	122.34	128.79
Long-Term Unearned Revenue	-	23.28	21.38	17.86	15.08	13.94
Long-Term Deferred Tax Liabilities	94.03	84.9	53.02	51.1	42.07	41.35
Other Long-Term Liabilities	151.69	127.27	94.56	60.31	96.84	82.15
Total Liabilities	2,656	2,558	2,269	1,634	1,490	1,343
Common Stock	1,252	929.91	855.82	813.03	797.43	770.03
Additional Paid-In Capital	-	104.79	95.22	83.01	68.25	59.3
Retained Earnings	-	165.47	77.48	17.35	-67.92	-171.09
Comprehensive Income & Other	-	-12.43	-4.37	-5.92	1.97	2.15
Total Common Equity	1,252	1,188	1,024	907.47	799.72	660.4
Minority Interest	461	449.34	332.96	233.43	219.14	193.03
Shareholders' Equity	1,713	1,637	1,357	1,141	1,019	853.43
Total Liabilities & Equity	4,369	4,195	3,626	2,775	2,509	2,197
Total Debt	1,549	1,566	1,417	952.17	823.19	753.71
Net Cash (Debt)	-1,347	-1,339	-1,229	-815.95	-657.52	-569.42
Net Cash Per Share	-29.57	-29.56	-27.44	-18.34	-14.81	-13.19
Filing Date Shares Outstanding	45.45	45.44	44.97	44.55	44.19	43.81
Total Common Shares Outstanding	45.45	45.27	44.68	44.23	44.01	43.59
Working Capital	690.77	708.59	590.23	471.88	346.19	275.57
Book Value Per Share	27.54	26.24	22.92	20.52	18.17	15.15
Tangible Book Value	-916.04	-923.12	-783.69	-347.07	-425.75	-422.1
Tangible Book Value Per Share	-20.16	-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 Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.