TSX:HWO Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3.05	3.12	50.33	19.56	12.04	32.6
Cash & Short-Term Investments	3.05	3.12	50.33	19.56	12.04	32.6
Cash Growth	-25.67%	-93.80%	157.33%	62.49%	-63.07%	250.52%
Accounts Receivable	2.81	2.75	17.47	11.09	20.71	12.89
Other Receivables	1.07	1.06	1.41	0.48	1.01	-
Receivables	3.88	3.81	18.88	11.57	21.72	12.89
Inventory	0.02	0.07	9.38	9.1	9.14	9.36
Prepaid Expenses	0.16	0.22	0.85	1.05	2.24	0.75
Other Current Assets	-	-	-	28	-	-
Total Current Assets	7.11	7.22	79.44	69.28	45.13	55.59
Property, Plant & Equipment	11.37	11.8	30.21	54.34	130.58	147.74
Long-Term Investments	7.91	7.49	8.18	7.74	-	-
Goodwill	0.81	0.81	0.81	-	-	-
Other Intangible Assets	1.26	1.51	1.5	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	7.74	7.57
Other Long-Term Assets	-	-	-	-	2	3.26
Total Assets	29.91	30.87	123.14	133.96	185.45	214.16
Accounts Payable	0.54	0.98	5.78	8.67	13.37	9.08
Accrued Expenses	0.62	1.77	8.36	-	-	-
Current Portion of Long-Term Debt	0.18	0.18	0.18	0.19	0.3	-
Current Portion of Leases	0.35	0.37	0.96	0.49	1.08	1.45
Current Income Taxes Payable	-	-	0.37	0.23	0.66	0.48
Other Current Liabilities	1.24	1.25	0.81	0.24	-	-
Total Current Liabilities	2.93	4.53	16.45	9.82	15.41	11.01
Long-Term Debt	3.05	3.18	3.35	4.03	7.78	10
Long-Term Leases	0.9	0.94	1.86	0.99	7.36	7.78
Long-Term Deferred Tax Liabilities	-	-	-	3.89	6.05	8.14
Other Long-Term Liabilities	1	1.11	2.14	-	-	-
Total Liabilities	7.87	9.76	23.81	18.73	36.6	36.94
Common Stock	133.43	133.15	169.99	169.55	169.7	169.22
Additional Paid-In Capital	13.3	13.16	14.55	14.69	13.82	13.74
Retained Earnings	-123.21	-123.73	-112.19	-96.86	-58.09	-29.73
Comprehensive Income & Other	-1.48	-1.48	26.98	27.85	23.42	23.99
Shareholders' Equity	22.04	21.11	99.33	115.23	148.85	177.22
Total Liabilities & Equity	29.91	30.87	123.14	133.96	185.45	214.16
Total Debt	4.47	4.66	6.35	5.7	16.52	19.23
Net Cash (Debt)	-1.42	-1.54	43.99	13.86	-4.48	13.37
Net Cash Growth	-	-	217.28%	-	-	-
Net Cash Per Share	-0.11	-0.12	3.46	1.14	-0.37	1.08
Filing Date Shares Outstanding	12.7	12.45	12.28	12.17	12.18	12.19
Total Common Shares Outstanding	12.7	12.45	12.28	12.17	12.18	12.19
Working Capital	4.18	2.69	62.99	59.46	29.72	44.58
Book Value Per Share	1.74	1.70	8.09	9.47	12.22	14.54
Tangible Book Value	19.97	18.78	97.02	115.23	148.85	177.22
Tangible Book Value Per Share	1.57	1.51	7.90	9.47	12.22	14.54
Land	6.87	-	-	6.87	10.78	10.78
Buildings	-	6.87	6.87	-	-	-
Machinery	21.74	20.99	168.99	206.6	352.67	360.17
Construction In Progress	-	-	0.31	-	7.27	3.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.