FirstService Corporation (TSX:FSV)

FirstService 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	227.6	187.62	136.22	165.67	184.3
Cash & Short-Term Investments	227.6	187.62	136.22	165.67	184.3
Cash Growth	21.31%	37.73%	-17.77%	-10.11%	52.06%
Accounts Receivable	947.52	842.24	635.94	551.56	418.89
Other Receivables	9.43	8.81	20.89	6.84	7.4
Receivables	956.95	851.05	656.84	558.41	426.29
Inventory	279.63	246.19	242.34	161.39	141.98
Prepaid Expenses	79.09	56.89	50.35	50.6	42.11
Restricted Cash	16.09	19.26	23.13	28.61	24.64
Total Current Assets	1,559	1,361	1,109	964.66	819.32
Property, Plant & Equipment	494.51	422.49	372.56	297.8	279.75
Goodwill	1,395	1,180	886.09	843.36	703.74
Other Intangible Assets	715.48	628.01	368.45	382.11	378.76
Long-Term Deferred Tax Assets	2.11	1.75	1.7	1.76	2.05
Other Long-Term Assets	28.01	32.67	36.85	19.34	12.92
Total Assets	4,195	3,626	2,775	2,509	2,197
Accounts Payable	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	30	37.13	35.67	57.44	56.48
Current Portion of Leases	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	190.89	178.59	125.54	116.42	90.13
Other Current Liabilities	22.05	38.75	31.93	12.98	6.97
Total Current Liabilities	850.77	770.77	636.99	618.47	543.75
Long-Term Debt	1,240	1,125	698.8	595.37	533.13
Long-Term Leases	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	84.9	53.02	51.1	42.07	41.35
Other Long-Term Liabilities	127.27	94.56	60.31	96.84	82.15
Total Liabilities	2,558	2,269	1,634	1,490	1,343
Common Stock	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	1,188	1,024	907.47	799.72	660.4
Minority Interest	449.34	332.96	233.43	219.14	193.03
Shareholders' Equity	1,637	1,357	1,141	1,019	853.43
Total Liabilities & Equity	4,195	3,626	2,775	2,509	2,197
Total Debt	1,566	1,417	952.17	823.19	753.71
Net Cash (Debt)	-1,339	-1,229	-815.95	-657.52	-569.42
Net Cash Per Share	-29.56	-27.44	-18.34	-14.81	-13.19
Filing Date Shares Outstanding	45.44	44.97	44.55	44.19	43.81
Total Common Shares Outstanding	45.27	44.68	44.23	44.01	43.59
Working Capital	708.59	590.23	471.88	346.19	275.57
Book Value Per Share	26.24	22.92	20.52	18.17	15.15
Tangible Book Value	-923.12	-783.69	-347.07	-425.75	-422.1
Tangible Book Value Per Share	-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

Source: S&P Capital IQ. Standard template. Financial Sources.