MDA Space Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	152	166.7	22.5	39.3	83.6
Cash & Short-Term Investments	152	166.7	22.5	39.3	83.6
Cash Growth	-8.82%	640.89%	-42.75%	-52.99%	6.36%
Accounts Receivable	332.8	326	352.6	276.5	176.3
Inventory	23.5	8.1	9.9	7.5	8
Other Current Assets	106.2	125.7	71.6	54.9	25.9
Total Current Assets	614.5	626.5	456.6	378.2	293.8
Net Property, Plant & Equipment	764.1	612	440.9	242.2	124.7
Other Intangible Assets	876.7	580	582.5	552.4	571.2
Goodwill	800.4	441	439.8	419.9	419.9
Long-Term Investments	11.3	-	-	-	-
Other Long-Term Assets	289.2	338	241.9	158.1	125
Total Assets	3,356	2,598	2,162	1,751	1,535
Accounts Payable	391.4	248.7	219.1	124.3	71.3
Accrued Expenses	88.1	62.1	61.8	66	50.6
Current Portion of Leases	20.2	16.2	10.9	6.7	7.9
Unearned Revenue	798.9	761.3	76.9	110.8	91.5
Other Current Liabilities	19.2	2.7	4.5	10.8	4.6
Total Current Liabilities	1,318	1,091	373.2	318.6	225.9
Long-Term Debt	272	-	438.9	243.6	144.7
Long-Term Leases	118.9	120.6	75.2	1.6	7.8
Other Long-Term Liabilities	292.5	209.9	209.7	186.4	194.5
Total Long-Term Liabilities	683.4	330.5	723.8	431.6	347
Total Liabilities	2,001	1,422	1,097	750.2	572.9
Common Stock	1,043	975.8	956.1	951.6	950.7
Additional Paid-in Capital	36	38	31.3	25	16.9
Accumulated Other Comprehensive Income	29.1	23.5	18.6	14.1	8.5
Retained Earnings	247.2	138.7	58.7	9.9	-14.4
Shareholders' Equity	1,355	1,176	1,065	1,001	961.7
Total Liabilities & Equity	3,356	2,598	2,162	1,751	1,535
Total Debt	411.1	136.8	525	251.9	160.4
Net Cash (Debt)	-259.1	29.9	-502.5	-212.6	-76.8
Net Cash Per Share	-2.00	0.24	-4.15	-1.74	-0.66
Book Value	1,355	1,176	1,065	1,001	961.7
Book Value Per Share	10.45	9.33	8.79	8.17	8.27
Tangible Book Value	-322.1	155	42.4	28.3	-29.4
Tangible Book Value Per Share	-2.48	1.23	0.35	0.23	-0.25

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.