FirstService Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	191.42	154.43	227.6	187.62	136.22	165.67
Cash & Short-Term Investments	191.42	154.43	227.6	187.62	136.22	165.67
Cash Growth	-11.87%	-32.15%	21.31%	37.73%	-17.77%	-10.11%
Accounts Receivable	879.64	922.11	947.52	842.24	635.94	551.56
Other Receivables	17.84	22.11	9.43	8.81	20.89	6.84
Receivables	897.48	944.22	956.95	851.05	656.84	558.41
Inventory	291.82	274.24	279.63	246.19	242.34	161.39
Prepaid Expenses	107.12	105.23	79.09	56.89	50.35	50.6
Restricted Cash	21.86	25.67	16.09	19.26	23.13	28.61
Total Current Assets	1,510	1,504	1,559	1,361	1,109	964.66
Property, Plant & Equipment	568.43	559.29	494.51	422.49	372.56	297.8
Goodwill	1,510	1,501	1,395	1,180	886.09	843.36
Other Intangible Assets	671.12	684.74	715.48	628.01	368.45	382.11
Long-Term Deferred Tax Assets	5.05	4.98	2.11	1.75	1.7	1.76
Other Long-Term Assets	28.32	29.47	28.01	32.67	36.85	19.34
Total Assets	4,293	4,284	4,195	3,626	2,775	2,509
Accounts Payable	174.18	158.51	174.07	143.35	115.99	100.13
Accrued Expenses	368.5	378.19	360.7	320.59	275.93	280.91
Current Portion of Long-Term Debt	0.21	-	41.57	37.13	35.67	57.44
Current Portion of Leases	72.63	72.76	53.12	50.9	49.15	48.05
Current Income Taxes Payable	10.29	12.72	8.38	1.47	2.79	2.55
Current Unearned Revenue	212.13	209.23	190.89	178.59	125.54	116.42
Other Current Liabilities	28.7	50.74	22.05	38.75	31.93	12.98
Total Current Liabilities	866.64	882.15	850.77	770.77	636.99	618.47
Long-Term Debt	1,019	1,045	1,229	1,125	698.8	595.37
Long-Term Leases	274.19	266.83	243.01	203.97	168.56	122.34
Long-Term Unearned Revenue	24.85	25.52	23.28	21.38	17.86	15.08
Long-Term Deferred Tax Liabilities	104.62	102.99	84.9	53.02	51.1	42.07
Other Long-Term Liabilities	96.37	99.24	127.27	94.56	60.31	96.84
Total Liabilities	2,386	2,422	2,558	2,269	1,634	1,490
Common Stock	1,055	1,007	929.91	855.82	813.03	797.43
Additional Paid-In Capital	117.18	117.57	104.79	95.22	83.01	68.25
Retained Earnings	266.36	260.4	165.47	77.48	17.35	-67.92
Comprehensive Income & Other	-10	-8.52	-12.43	-4.37	-5.92	1.97
Total Common Equity	1,429	1,376	1,188	1,024	907.47	799.72
Minority Interest	477.61	486.19	449.34	332.96	233.43	219.14
Shareholders' Equity	1,907	1,862	1,637	1,357	1,141	1,019
Total Liabilities & Equity	4,293	4,284	4,195	3,626	2,775	2,509
Total Debt	1,366	1,384	1,566	1,417	952.17	823.19
Net Cash (Debt)	-1,175	-1,230	-1,339	-1,229	-815.95	-657.52
Net Cash Per Share	-25.64	-26.88	-29.56	-27.44	-18.34	-14.81
Filing Date Shares Outstanding	45.98	45.98	45.44	44.97	44.55	44.19
Total Common Shares Outstanding	45.98	45.72	45.27	44.68	44.23	44.01
Working Capital	643.07	621.63	708.59	590.23	471.88	346.19
Book Value Per Share	31.08	30.09	26.24	22.92	20.52	18.17
Tangible Book Value	-752.04	-810.19	-923.12	-783.69	-347.07	-425.75
Tangible Book Value Per Share	-16.36	-17.72	-20.39	-17.54	-7.85	-9.67
Land	-	0.03	0.02	0.03	1.28	1.28
Buildings	-	4.55	4.57	4.55	9.28	4.72
Machinery	-	695.97	609.14	543.05	464.73	382.8
Leasehold Improvements	-	90.36	83.29	65.83	50.62	48.65
Order Backlog	-	1,028	924.8	838.34	631.66	464.13