TSX:NOA 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	121.13	100.13	77.88	88.61	69.14	16.6
Cash & Short-Term Investments	121.13	100.13	77.88	88.61	69.14	16.6
Cash Growth	54.82%	28.57%	-12.12%	28.16%	316.50%	-61.79%
Accounts Receivable	149.64	148.57	146.27	117.33	89.01	74.18
Other Receivables	32.34	30.83	23.94	15.55	10.61	4.37
Receivables	181.98	179.4	170.21	132.88	99.61	78.55
Inventory	74.57	75.66	69.03	64.96	49.9	44.54
Prepaid Expenses	6.32	6.93	7.68	7.4	10.59	6.83
Other Current Assets	0.55	0.11	0.68	1.34	1.12	0.66
Total Current Assets	384.56	362.22	325.47	295.2	230.36	147.18
Property, Plant & Equipment	1,394	1,370	1,265	1,156	660.55	655.72
Long-Term Investments	74.81	70.42	84.69	81.44	75.64	55.97
Goodwill	-	0.54	0.52	0.53	0.54	0.54
Other Intangible Assets	12.71	12.33	9.9	6.97	6.77	3.86
Long-Term Deferred Tax Assets	-	-	-	-	0.39	-
Long-Term Deferred Charges	-	3.79	4.85	5.89	0.89	3.51
Other Long-Term Assets	10.54	0.4	4.37	0.38	1.93	1.58
Total Assets	1,877	1,820	1,695	1,546	979.51	869.28
Accounts Payable	103.39	102.05	110.75	146.19	102.55	76.25
Accrued Expenses	92.86	63.59	46.14	31.65	21.68	22.6
Short-Term Debt	-	15.05	8.3	11.39	-	-
Current Portion of Long-Term Debt	96.4	160.56	84.19	81.31	42.09	19.69
Current Portion of Leases	1.23	1.5	1.77	1.74	2.47	28.35
Current Income Taxes Payable	-	5.54	20.55	26.52	8.19	5.06
Current Unearned Revenue	15.11	22.85	1.94	0.06	1.41	3.35
Other Current Liabilities	36.11	39.74	42.31	25.18	13.92	5.73
Total Current Liabilities	345.1	410.86	315.96	324.02	192.3	161.03
Long-Term Debt	776.99	668.39	664.84	558.46	345.56	258.09
Long-Term Leases	85.09	91.14	66	64.16	45.27	89.09
Long-Term Unearned Revenue	-	1.84	19.03	16.11	-	2.95
Long-Term Deferred Tax Liabilities	146.07	141.28	125.38	108.82	71.89	56.2
Other Long-Term Liabilities	49.66	49.63	114.26	118.24	18.58	23.45
Total Liabilities	1,403	1,363	1,305	1,190	673.59	590.82
Common Stock	277.76	282.96	228.96	229.46	229.46	246.94
Additional Paid-In Capital	-	2.81	20.82	20.74	22.1	37.46
Retained Earnings	177.19	176.46	156.27	123.03	70.5	11.86
Treasury Stock	-15.1	-14.99	-15.91	-16.17	-16.44	-17.8
Comprehensive Income & Other	34.12	9.39	-1.1	-0.41	0.31	0
Total Common Equity	473.97	456.62	389.04	356.65	305.92	278.46
Shareholders' Equity	473.97	456.62	389.04	356.65	305.92	278.46
Total Liabilities & Equity	1,877	1,820	1,695	1,546	979.51	869.28
Total Debt	959.72	936.63	825.1	717.06	435.39	395.23
Net Cash (Debt)	-838.59	-836.5	-747.23	-628.44	-366.24	-378.63
Net Cash Per Share	-26.06	-25.92	-22.61	-19.03	-10.77	-11.15
Filing Date Shares Outstanding	27.1	27.64	28.7	26.73	26.41	28.45
Total Common Shares Outstanding	27.36	27.95	26.7	26.74	26.42	28.46
Working Capital	39.46	-48.64	9.51	-28.82	38.06	-13.86
Book Value Per Share	17.32	16.34	14.57	13.34	11.58	9.79
Tangible Book Value	461.26	443.75	378.62	349.16	298.6	274.06
Tangible Book Value Per Share	16.86	15.88	14.18	13.06	11.30	9.63
Land	-	26.27	10.47	10.47	10.47	10.47
Buildings	-	29.6	45.47	45.68	29.73	29.41
Machinery	-	723.68	683.73	582.75	428.69	420.25
Order Backlog	-	2,813	3,116	2,195	568.84	841