Propel Holdings Inc. (TSX: PRL)

Propel Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	17	13.75	7.66	7.24	5.25	6.2
Cash & Short-Term Investments	17	13.75	7.66	7.24	5.25	6.2
Cash Growth	87.50%	79.54%	5.80%	37.99%	-15.43%	-9.38%
Accounts Receivable	-	2.41	1.42	2.27	-	-
Other Receivables	56.53	40.38	24.6	14.13	7.05	4.83
Receivables	327.89	260.46	199.59	105.51	50.49	26.7
Prepaid Expenses	1.42	1.91	1.7	1.49	0.45	0.51
Restricted Cash	33.07	29.29	22.62	16.29	7.88	5.58
Other Current Assets	0.06	0.57	-	0.04	0.35	0.07
Total Current Assets	379.44	305.99	231.56	130.56	64.41	39.07
Property, Plant & Equipment	1.65	2.22	2.64	2.98	3.49	4.2
Other Intangible Assets	15.54	13.44	11.47	7.91	6.87	4.63
Long-Term Deferred Tax Assets	24.67	17.04	8.21	5.33	3.2	2.37
Long-Term Deferred Charges	12.42	5.58	2.8	2.72	1.08	0.89
Total Assets	433.72	344.26	256.68	149.5	79.05	51.16
Accounts Payable	5.45	4.32	2.3	2.73	2.74	1.95
Accrued Expenses	16.4	21.7	14.1	16.97	4.19	2.38
Current Portion of Long-Term Debt	-	-	-	4.65	15.6	-
Current Portion of Leases	0.84	0.85	0.7	0.59	0.52	0.52
Current Income Taxes Payable	15.33	10.87	3.94	4.34	5.14	1.51
Other Current Liabilities	13.46	2.41	2.08	-	4.57	7.46
Total Current Liabilities	51.49	40.15	23.12	29.28	32.74	13.83
Long-Term Debt	250.61	199.17	148.9	42.22	33.7	29.16
Long-Term Leases	0.93	1.5	1.97	2.59	3.02	3.42
Long-Term Deferred Tax Liabilities	2.59	1.93	1.04	0.08	1.18	1.14
Total Liabilities	305.61	242.74	175.04	74.17	70.64	47.54
Common Stock	79.37	78.96	78.95	78.95	4.88	4.74
Additional Paid-In Capital	5.14	3.66	1.66	0.42	0.06	0.07
Retained Earnings	43.59	18.67	1.03	-4.04	3.47	-1.2
Comprehensive Income & Other	0.01	0.22	-	-	-	-
Shareholders' Equity	128.11	101.52	81.64	75.33	8.42	3.62
Total Liabilities & Equity	433.72	344.26	256.68	149.5	79.05	51.16
Total Debt	252.38	201.52	151.57	50.05	52.83	33.1
Net Cash (Debt)	-235.38	-187.77	-143.91	-42.81	-47.59	-26.9
Net Cash Per Share	-6.34	-5.11	-4.03	-1.52	-1.96	-1.12
Filing Date Shares Outstanding	34.4	34.33	34.33	34.33	11.87	23.27
Total Common Shares Outstanding	34.4	34.33	34.33	34.33	11.87	23.27
Working Capital	327.95	265.84	208.44	101.28	31.67	25.23
Book Value Per Share	3.72	2.96	2.38	2.19	0.71	0.16
Tangible Book Value	112.57	88.08	70.17	67.42	1.54	-1.02
Tangible Book Value Per Share	3.27	2.57	2.04	1.96	0.13	-0.04
Machinery	0.93	0.96	0.87	1.39	1.2	1.18
Leasehold Improvements	0.4	0.4	0.4	0.39	0.5	0.41

Source: S&P Capital IQ. Standard template. Financial Sources.