MCAN Mortgage Corporation (TSX:MKP)

MCAN Mortgage Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	134.52	61.7	60.35	78.21	122.27	88.93
Long-Term Investments	308.58	306.04	271.63	257.14	223.83	193.99
Trading Asset Securities	2.84	2.51	0.2	-	-	-
Loans & Lease Receivables	5,170	4,890	4,347	3,693	3,393	2,391
Other Receivables	-	5.51	2.84	0.83	2.5	12.73
Property, Plant & Equipment	-	9.77	1.62	2.05	2.39	2.77
Other Intangible Assets	-	1.61	0.84	0.37	0.35	0.49
Restricted Cash	62.16	47.25	30.91	34.53	53.15	29.61
Other Current Assets	15.71	11.14	13.59	10.93	9.75	8.47
Long-Term Deferred Tax Assets	1.17	1.43	0.34	1.1	0.89	0.41
Other Long-Term Assets	43.77	10.9	9.72	0.44	0.44	0.44
Total Assets	5,739	5,348	4,739	4,079	3,808	2,729
Interest Bearing Deposits	2,389	2,288	2,200	1,820	1,661	1,235
Total Deposits	2,389	2,288	2,200	1,820	1,661	1,235
Accounts Payable	-	15.67	10.41	9.08	8.64	2.06
Short-Term Debt	258.37	0.11	64.68	6.53	57.34	-
Current Portion of Long-Term Debt	940.82	411.49	144.55	52.59	59.06	72.23
Long-Term Debt	1,510	2,012	1,772	1,688	1,576	1,070
Long-Term Leases	-	6.06	1.7	2.07	2.43	2.77
Other Current Liabilities	12.3	15.08	13.46	11.47	10.07	-
Total Liabilities	5,118	4,748	4,207	3,589	3,375	2,382
Common Stock	472.93	456.68	406.53	389.99	315.34	234.64
Additional Paid-In Capital	0.51	0.51	0.51	0.51	0.51	0.51
Retained Earnings	148.3	143.62	124.71	98.99	117.41	111.37
Comprehensive Income & Other	-0.85	-1.62	0.1	-0.18	-	-
Shareholders' Equity	620.89	599.19	531.84	489.31	433.26	346.51
Total Liabilities & Equity	5,739	5,348	4,739	4,079	3,808	2,729
Total Debt	2,709	2,429	1,983	1,749	1,695	1,145
Net Cash (Debt)	-2,571	-2,365	-1,923	-1,671	-1,573	-1,056
Net Cash Per Share	-66.36	-62.85	-55.13	-53.44	-58.76	-43.09
Filing Date Shares Outstanding	39.65	38.9	35.7	34.54	29.72	24.82
Total Common Shares Outstanding	39.6	38.72	35.43	34.31	29.62	24.73
Working Capital	1,785	2,287	2,022	1,918	1,784	1,222
Book Value Per Share	15.68	15.48	15.01	14.26	14.63	14.01
Tangible Book Value	620.89	597.58	531.01	488.94	432.91	346.03
Tangible Book Value Per Share	15.68	15.43	14.99	14.25	14.62	13.99

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.