MDA Space 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	195.7	166.7	22.5	39.3	83.6	78.6
Cash & Short-Term Investments	195.7	166.7	22.5	39.3	83.6	78.6
Cash Growth	40.59%	640.89%	-42.75%	-52.99%	6.36%	-
Accounts Receivable	465	298.6	321.5	263.2	165.6	126.6
Other Receivables	43.6	81.4	78.4	48.4	23.8	55.5
Receivables	508.6	380	399.9	311.6	189.4	182.1
Inventory	17.5	8.1	9.9	7.5	8	6.5
Other Current Assets	68.3	71.7	24.3	19.8	12.8	12.2
Total Current Assets	790.1	626.5	456.6	378.2	293.8	279.4
Property, Plant & Equipment	698	612	440.9	242.2	124.7	91.3
Goodwill	817.7	441	439.8	419.9	419.9	419.9
Other Intangible Assets	867.5	580	582.5	552.4	571.2	589
Long-Term Deferred Tax Assets	8.5	9.9	14.9	19.1	19.3	11.2
Other Long-Term Assets	290.8	328.1	227	139	105.7	64.6
Total Assets	3,480	2,598	2,162	1,751	1,535	1,455
Accounts Payable	366	248.7	219.1	124.3	71.3	65.7
Accrued Expenses	63.3	60.2	57.4	54.1	38.8	32
Current Portion of Long-Term Debt	-	-	-	-	-	22
Current Portion of Leases	20.4	16.2	10.9	6.7	7.9	7.8
Current Income Taxes Payable	8	1.9	4.4	11.9	11.8	22.9
Current Unearned Revenue	959.8	761.3	76.9	110.8	91.5	73.3
Other Current Liabilities	7.9	2.7	4.5	10.8	4.6	18.9
Total Current Liabilities	1,425	1,091	373.2	318.6	225.9	242.6
Long-Term Debt	289.3	-	438.9	243.6	144.7	537.7
Long-Term Leases	121.6	120.6	75.2	1.6	7.8	12.7
Pension & Post-Retirement Benefits	25	23.7	22.8	21.5	33.8	43.6
Long-Term Deferred Tax Liabilities	263.8	185.4	180.8	163.8	158.4	158.7
Other Long-Term Liabilities	26	0.8	6.1	1.1	2.3	2.7
Total Liabilities	2,151	1,422	1,097	750.2	572.9	998
Common Stock	1,042	975.8	956.1	951.6	950.7	480.4
Additional Paid-In Capital	28.5	38	31.3	25	16.9	4.9
Retained Earnings	223.2	138.7	58.7	9.9	-14.4	-17.3
Comprehensive Income & Other	35.2	23.5	18.6	14.1	8.5	-10.6
Shareholders' Equity	1,329	1,176	1,065	1,001	961.7	457.4
Total Liabilities & Equity	3,480	2,598	2,162	1,751	1,535	1,455
Total Debt	431.3	136.8	525	251.9	160.4	580.2
Net Cash (Debt)	-235.6	29.9	-502.5	-212.6	-76.8	-501.6
Net Cash Per Share	-1.81	0.24	-4.15	-1.74	-0.66	-6.22
Filing Date Shares Outstanding	126.3	122.09	119.6	118.76	118.14	85.83
Total Common Shares Outstanding	126.3	121.53	119.51	118.71	118.14	80.74
Working Capital	-635.3	-464.5	83.4	59.6	67.9	36.8
Book Value Per Share	10.52	9.68	8.91	8.43	8.14	5.67
Tangible Book Value	-355.9	155	42.4	28.3	-29.4	-551.5
Tangible Book Value Per Share	-2.82	1.28	0.35	0.24	-0.25	-6.83
Land	154.2	142.5	86	71.5	58.1	57.4
Machinery	115.6	105.5	51.7	30.7	22.8	14.4
Construction In Progress	387.9	305	268	156.4	42.6	2.8
Order Backlog	-	4,386	-	1,378	864.3	-

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