Genesis Land Development Corp. (TSX:GDC)

Genesis Land Development Balance Sheet

Financials in millions CAD. 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	27.55	17.51	21.41	37.55	36.6	63.98
Cash & Short-Term Investments	27.55	17.51	21.41	37.55	36.6	63.98
Cash Growth	31.58%	-18.23%	-42.97%	2.59%	-42.79%	115.09%
Accounts Receivable	62.63	90.74	64.38	26.62	21.21	12.14
Other Receivables	9.94	4.33	1.98	1.53	0.96	1.5
Receivables	72.56	95.06	67	30.13	22.17	13.63
Inventory	473.07	459.12	440.79	342.79	265.68	218.86
Prepaid Expenses	0.97	1.47	0.88	1.05	1.12	0.59
Restricted Cash	0.38	0.43	0.43	1.55	6.85	5.99
Other Current Assets	7.5	7.28	6.03	6.73	11.12	6.68
Total Current Assets	582.03	580.88	536.55	419.79	343.54	309.72
Property, Plant & Equipment	2.98	3.23	2.98	2.06	2.15	2.14
Long-Term Investments	2.69	4.03	4.03	3.58	3.59	-
Long-Term Deferred Tax Assets	10.53	9.74	7.61	7.48	8.14	6.9
Other Long-Term Assets	29.29	24.41	26.55	7.16	6.73	6.17
Total Assets	627.52	622.28	577.72	440.08	364.14	324.93

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	106.27	92.45	85.12	52.04	28.46	25.46
Accrued Expenses	5.4	5.02	5.05	2.86	1.95	0.95
Short-Term Debt	28.86	21.11	8.17	13.66	-	-
Current Portion of Long-Term Debt	56.44	63.65	59.9	-	7.36	11.23
Current Portion of Leases	0.18	0.5	-	-	-	-
Current Income Taxes Payable	-	1.23	10.09	1.71	0.7	2.09
Total Current Liabilities	197.16	183.96	168.32	70.27	38.48	39.73
Long-Term Debt	50.79	51.68	65.43	89.92	57.69	21.44
Long-Term Leases	0.38	0.23	0.95	0.71	0.84	0.84
Long-Term Unearned Revenue	14.34	9.23	19.58	17.47	15.75	9
Other Long-Term Liabilities	44.65	49.81	36.24	20.57	24.03	17.98
Total Liabilities	307.31	294.92	290.52	198.94	136.8	88.99

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	81.52	82.05	82.26	82.29	82.38	82.38
Additional Paid-In Capital	1.06	1.06	1.06	1.06	1.06	1.05
Retained Earnings	213	215.37	183.15	147.79	141.19	145.2
Total Common Equity	295.58	298.49	266.48	231.14	224.63	228.62
Minority Interest	24.63	28.88	20.72	10	2.71	7.31
Shareholders' Equity	320.2	327.36	287.2	241.14	227.34	235.94
Total Liabilities & Equity	627.52	622.28	577.72	440.08	364.14	324.93

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	136.65	137.18	134.45	104.3	65.9	33.51
Net Cash (Debt)	-109.1	-119.67	-113.03	-66.75	-29.3	30.47
Net Cash Growth	-	-	-	-	-	307.12%
Net Cash Per Share	-1.93	-2.11	-1.99	-1.17	-0.52	0.68
Filing Date Shares Outstanding	56.27	56.29	56.76	56.79	56.86	56.86
Total Common Shares Outstanding	56.27	56.64	56.78	56.8	56.86	56.86
Working Capital	384.88	396.92	368.23	349.53	305.05	269.99
Book Value Per Share	5.25	5.27	4.69	4.07	3.95	4.02
Tangible Book Value	295.58	298.49	266.48	231.14	224.63	228.62
Tangible Book Value Per Share	5.25	5.27	4.69	4.07	3.95	4.02

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 1, 2026

Data Sources Report a data error