MDA Space Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	544	152	166.7	22.5	39.3	83.6
Cash & Short-Term Investments	544	152	166.7	22.5	39.3	83.6
Cash Growth	44.57%	-8.82%	640.89%	-42.75%	-52.99%	6.36%
Accounts Receivable	356.4	269.6	298.6	321.5	263.2	165.6
Other Receivables	56.4	116.1	81.4	78.4	48.4	23.8
Receivables	412.8	385.7	380	399.9	311.6	189.4
Inventory	37	23.5	8.1	9.9	7.5	8
Other Current Assets	46.7	53.3	71.7	24.3	19.8	12.8
Total Current Assets	1,041	614.5	626.5	456.6	378.2	293.8
Property, Plant & Equipment	777.1	764.1	612	440.9	242.2	124.7
Long-Term Investments	9.8	11.3	-	-	-	-
Goodwill	804.9	800.4	441	439.8	419.9	419.9
Other Intangible Assets	872.7	876.7	580	582.5	552.4	571.2
Long-Term Deferred Tax Assets	15.4	10	9.9	14.9	19.1	19.3
Other Long-Term Assets	269	279.2	328.1	227	139	105.7
Total Assets	3,796	3,356	2,598	2,162	1,751	1,535
Accounts Payable	458.6	391.4	248.7	219.1	124.3	71.3
Accrued Expenses	86.8	77.1	60.2	57.4	54.1	38.8
Current Portion of Leases	19.8	20.2	16.2	10.9	6.7	7.9
Current Income Taxes Payable	12.8	11	1.9	4.4	11.9	11.8
Current Unearned Revenue	710.7	798.9	761.3	76.9	110.8	91.5
Other Current Liabilities	19.8	19.2	2.7	4.5	10.8	4.6
Total Current Liabilities	1,309	1,318	1,091	373.2	318.6	225.9
Long-Term Debt	244.7	272	-	438.9	243.6	144.7
Long-Term Leases	116.2	118.9	120.6	75.2	1.6	7.8
Pension & Post-Retirement Benefits	23.2	23.4	23.7	22.8	21.5	33.8
Long-Term Deferred Tax Liabilities	233.7	245.7	185.4	180.8	163.8	158.4
Other Long-Term Liabilities	23.3	23.4	0.8	6.1	1.1	2.3
Total Liabilities	1,950	2,001	1,422	1,097	750.2	572.9
Common Stock	1,502	1,043	975.8	956.1	951.6	950.7
Additional Paid-In Capital	37.9	36	38	31.3	25	16.9
Retained Earnings	276.8	247.2	138.7	58.7	9.9	-14.4
Comprehensive Income & Other	30.1	29.1	23.5	18.6	14.1	8.5
Shareholders' Equity	1,847	1,355	1,176	1,065	1,001	961.7
Total Liabilities & Equity	3,796	3,356	2,598	2,162	1,751	1,535
Total Debt	380.7	411.1	136.8	525	251.9	160.4
Net Cash (Debt)	163.3	-259.1	29.9	-502.5	-212.6	-76.8
Net Cash Per Share	1.25	-2.00	0.24	-4.15	-1.74	-0.66
Filing Date Shares Outstanding	138.75	126.49	122.09	119.6	118.76	118.14
Total Common Shares Outstanding	138.66	126.32	121.53	119.51	118.71	118.14
Working Capital	-268	-703.3	-464.5	83.4	59.6	67.9
Book Value Per Share	13.32	10.73	9.68	8.91	8.43	8.14
Tangible Book Value	169.1	-322.1	155	42.4	28.3	-29.4
Tangible Book Value Per Share	1.22	-2.55	1.28	0.35	0.24	-0.25
Land	218.5	200.7	142.5	86	71.5	58.1
Machinery	155.7	128.1	105.5	51.7	30.7	22.8
Construction In Progress	385.3	405.6	305	268	156.4	42.6
Order Backlog	-	4,013	4,386	-	1,378	864.3