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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	20.15	17.51	21.41	37.55	36.6	63.98
Cash & Short-Term Investments	20.15	17.51	21.41	37.55	36.6	63.98
Cash Growth	-23.80%	-18.23%	-42.97%	2.59%	-42.79%	115.09%
Accounts Receivable	60.66	90.74	64.38	26.62	21.21	12.14
Other Receivables	7.38	4.33	1.98	1.53	0.96	1.5
Receivables	68.04	95.06	67	30.13	22.17	13.63
Inventory	504.92	459.12	440.79	342.79	265.68	218.86
Prepaid Expenses	-	1.47	0.88	1.05	1.12	0.59
Restricted Cash	-	0.43	0.43	1.55	6.85	5.99
Other Current Assets	-	7.28	6.03	6.73	11.12	6.68
Total Current Assets	593.11	580.88	536.55	419.79	343.54	309.72
Property, Plant & Equipment	0.51	3.23	2.98	2.06	2.15	2.14
Long-Term Investments	2.34	4.03	4.03	3.58	3.59	-
Long-Term Deferred Tax Assets	9.72	9.74	7.61	7.48	8.14	6.9
Other Long-Term Assets	37.96	24.41	26.55	7.16	6.73	6.17
Total Assets	643.63	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	123.28	92.45	85.12	52.04	28.46	25.46
Accrued Expenses	-	5.02	5.05	2.86	1.95	0.95
Short-Term Debt	-	21.11	8.17	13.66	-	-
Current Portion of Long-Term Debt	-	63.65	59.9	-	7.36	11.23
Current Portion of Leases	-	0.5	-	-	-	-
Current Income Taxes Payable	-	1.23	10.09	1.71	0.7	2.09
Total Current Liabilities	123.28	183.96	168.32	70.27	38.48	39.73
Long-Term Debt	140.64	51.68	65.43	89.92	57.69	21.44
Long-Term Leases	0.57	0.23	0.95	0.71	0.84	0.84
Long-Term Unearned Revenue	19.26	9.23	19.58	17.47	15.75	9
Other Long-Term Liabilities	36.78	49.81	36.24	20.57	24.03	17.98
Total Liabilities	320.52	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	81.49	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	215.5	215.37	183.15	147.79	141.19	145.2
Total Common Equity	298.06	298.49	266.48	231.14	224.63	228.62
Minority Interest	25.05	28.88	20.72	10	2.71	7.31
Shareholders' Equity	323.11	327.36	287.2	241.14	227.34	235.94
Total Liabilities & Equity	643.63	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	141.21	137.18	134.45	104.3	65.9	33.51
Net Cash (Debt)	-121.06	-119.67	-113.03	-66.75	-29.3	30.47
Net Cash Growth	-	-	-	-	-	307.12%
Net Cash Per Share	-2.07	-2.11	-1.99	-1.17	-0.52	0.68
Filing Date Shares Outstanding	63.4	56.29	56.76	56.79	56.86	56.86
Total Common Shares Outstanding	63.4	56.64	56.78	56.8	56.86	56.86
Working Capital	469.83	396.92	368.23	349.53	305.05	269.99
Book Value Per Share	4.70	5.27	4.69	4.07	3.95	4.02
Tangible Book Value	298.06	298.49	266.48	231.14	224.63	228.62
Tangible Book Value Per Share	4.70	5.27	4.69	4.07	3.95	4.02

Data Source: S&P Global Market Intelligence Last updated: Nov 4, 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:

Nov 7, 2026

Data Sources Report a data error