Mullen Group 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	141.75	144.64	126.29	2.3	8.76	-
Cash & Short-Term Investments	141.75	144.64	126.29	2.3	8.76	-
Cash Growth	8.08%	14.53%	5402.66%	-73.79%	-	-
Accounts Receivable	337.53	301.61	292.27	278.01	284.9	248.87
Inventory	45.97	45.09	45.74	47.69	42.04	35.12
Other Current Assets	51.37	72.44	30.13	55.25	24.63	25.12
Total Current Assets	576.62	563.77	494.43	383.25	360.32	309.11
Net Property, Plant & Equipment	1,302	1,305	1,264	1,128	1,069	1,064
Other Intangible Assets	200.82	192.61	112.22	91	99.62	99.16
Goodwill	454.3	447.67	374.21	367.08	366	358.73
Long-Term Investments	41.15	43.32	44.22	43.2	45.57	38.52
Other Long-Term Assets	17.06	18.36	43.59	28.95	55.24	52.49
Total Assets	2,592	2,570	2,332	2,042	1,996	1,922
Accounts Payable	223.3	204.17	159.02	151.18	151.02	144.2
Short-Term Debt	-	-	-	73	22.8	89.05
Current Portion of Long-Term Debt	0.4	0.03	0.03	243.6	0.21	0.05
Current Portion of Leases	45.33	45.92	43.43	25.58	20.99	17.89
Other Current Liabilities	8.86	10.04	10.46	9.04	24.96	7.12
Total Current Liabilities	277.89	260.15	212.94	502.4	219.99	258.31
Long-Term Debt	794.68	791.48	769.76	349.08	597.4	574.96
Long-Term Leases	209.68	217.13	184.34	72.83	70.87	63.36
Other Long-Term Liabilities	164.14	161.13	148.58	142.47	134.47	136.7
Total Long-Term Liabilities	1,169	1,170	1,103	564.38	802.74	775.03
Total Liabilities	1,446	1,430	1,316	1,067	1,023	1,033
Common Stock	912.15	908.97	797.81	801.26	845.27	853.61
Additional Paid-in Capital	30.84	30.75	30	29.26	27.74	31.69
Accumulated Other Comprehensive Income	4.11	3.05	4.28	2.3	2.87	1.09
Retained Earnings	198.61	197.7	184.78	142.07	97.53	2.27
Shareholders' Equity	1,146	1,140	1,017	974.88	973.4	888.66
Total Liabilities & Equity	2,592	2,570	2,332	2,042	1,996	1,922
Total Debt	1,050	1,055	997.56	764.08	712.28	745.32
Net Cash (Debt)	-908.34	-909.91	-871.27	-761.79	-703.52	-745.32
Net Cash Per Share	-9.45	-9.45	-8.96	-7.69	-6.87	-7.75
Book Value	1,146	1,140	1,017	974.88	973.4	888.66
Book Value Per Share	11.92	11.84	10.46	9.84	9.51	9.24
Tangible Book Value	490.59	500.18	530.45	516.8	507.78	430.78
Tangible Book Value Per Share	5.10	5.19	5.46	5.21	4.96	4.48

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.