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	332.8	326	352.6	276.5	176.3
Inventory	37	23.5	8.1	9.9	7.5	8
Other Current Assets	103.1	106.2	125.7	71.6	54.9	25.9
Total Current Assets	1,041	614.5	626.5	456.6	378.2	293.8
Net Property, Plant & Equipment	777.1	764.1	612	440.9	242.2	124.7
Other Intangible Assets	872.7	876.7	580	582.5	552.4	571.2
Goodwill	804.9	800.4	441	439.8	419.9	419.9
Long-Term Investments	9.8	11.3	-	-	-	-
Other Long-Term Assets	291.3	289.2	338	241.9	158.1	125
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	99.6	88.1	62.1	61.8	66	50.6
Current Portion of Leases	19.8	20.2	16.2	10.9	6.7	7.9
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
Other Long-Term Liabilities	280.2	292.5	209.9	209.7	186.4	194.5
Total Long-Term Liabilities	641.1	683.4	330.5	723.8	431.6	347
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
Accumulated Other Comprehensive Income	30.1	29.1	23.5	18.6	14.1	8.5
Retained Earnings	276.8	247.2	138.7	58.7	9.9	-14.4
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
Book Value	1,847	1,355	1,176	1,065	1,001	961.7
Book Value Per Share	14.12	10.45	9.33	8.79	8.17	8.27
Tangible Book Value	169.1	-322.1	155	42.4	28.3	-29.4
Tangible Book Value Per Share	1.29	-2.48	1.23	0.35	0.23	-0.25

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.