Maxim Power Corp. (TSX:MXG)

Maxim Power 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	53.03	30.07	32.26	51.38	13.55	12.26
Accounts Receivable	12.76	4.38	28.37	-	18.94	5.77
Other Receivables	-	1.86	24.19	15.11	1.83	1.18
Prepaid Expenses	0.96	4.7	5.92	4.13	0.84	1.39
Other Current Assets	-	0.46	1.58	-	0.71	-
Total Current Assets	66.75	41.47	92.32	70.62	35.87	20.6
Property, Plant & Equipment	295.18	306.04	313.46	296.55	260.59	183.94
Long-Term Deferred Tax Assets	-	-	-	-	0.18	19.8
Other Long-Term Assets	11.85	11.59	20.06	14.95	15.8	14.97
Total Assets	375.28	359.1	425.84	382.11	312.44	239.31
Accounts Payable	11.53	2.66	3.33	4.09	8.3	2.69
Accrued Expenses	-	8.27	9.17	5.9	10.43	4.72
Current Portion of Long-Term Debt	-	-	4.83	1.47	0.01	1.72
Current Unearned Revenue	0.54	-	-	-	-	-
Current Income Taxes Payable	0.7	-	-	4.79	-	-
Other Current Liabilities	0.13	0.58	9.19	-	0.92	5.96
Total Current Liabilities	12.9	11.51	26.52	16.25	19.67	15.09
Long-Term Debt	-	-	76.38	81.2	53.65	65.11
Long-Term Leases	-	0.08	0.11	0.14	0.2	0.2
Long-Term Deferred Tax Liabilities	20.58	20.44	14.33	5.35	-	-
Other Long-Term Liabilities	10.96	11.05	10.76	10.51	11.73	11
Total Liabilities	44.43	43.08	128.1	113.46	85.26	91.4
Common Stock	172.44	172.48	143.96	143.47	144.11	143.58
Additional Paid-In Capital	14.08	13.29	13.19	12.83	12.68	12.43
Retained Earnings	144.34	130.26	140.59	112.35	70.4	-8.11
Total Common Equity	330.85	316.02	297.75	268.65	227.18	147.91
Shareholders' Equity	330.85	316.02	297.75	268.65	227.18	147.91
Total Liabilities & Equity	375.28	359.1	425.84	382.11	312.44	239.31
Total Debt	-	0.08	81.31	82.81	53.87	67.03
Net Cash (Debt)	53.03	29.99	-49.06	-31.44	-40.32	-54.77
Net Cash Growth	178.27%	-	-	-	-	-
Net Cash Per Share	0.76	0.47	-0.77	-0.49	-0.63	-1.09
Filing Date Shares Outstanding	62.47	63.69	50.54	50.17	50.1	49.81
Total Common Shares Outstanding	62.47	63.69	50.59	50.17	50.1	49.8
Working Capital	53.86	29.97	65.8	54.36	16.2	5.51
Book Value Per Share	5.30	4.96	5.89	5.36	4.54	2.97
Tangible Book Value	330.85	316.02	297.75	268.65	227.18	147.91
Tangible Book Value Per Share	5.30	4.96	5.89	5.36	4.54	2.97
Land	-	-	-	-	3.76	4.08
Machinery	-	-	-	-	3.25	3.25
Construction In Progress	-	13.61	8.81	147.34	91.04	22.69

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.