Pizza Pizza Royalty 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	0.39	0.58	0.78	2.51	1.94	2.66
Short-Term Investments	2	3	5	6	6	3.5
Cash & Short-Term Investments	2.39	3.58	5.78	8.51	7.94	6.16
Cash Growth	-52.68%	-38.00%	-32.03%	7.17%	28.89%	23.14%
Accounts Receivable	3.41	3.67	3.67	4.04	3.65	3.18
Other Receivables	0.12	-	0.17	-	-	-
Receivables	3.53	3.67	3.84	4.04	3.65	3.18
Total Current Assets	5.91	7.26	9.62	12.55	11.58	9.34
Other Intangible Assets	376.31	369.85	363.87	355.9	353.72	353.72
Other Long-Term Assets	0.19	-	0.25	1.65	2.53	-
Total Assets	382.41	377.1	373.75	370.09	367.83	363.06
Accounts Payable	0.49	0.58	0.57	0.48	0.46	0.31
Accrued Expenses	-	-	-	-	-	0.09
Current Portion of Long-Term Debt	-	-	46.99	-	-	-
Current Income Taxes Payable	-	0.04	-	0.92	1.1	0.11
Other Current Liabilities	3.11	2.92	2.97	2.91	2.51	2.29
Total Current Liabilities	3.59	3.53	50.53	4.31	4.07	2.8
Long-Term Debt	46.77	46.74	-	46.98	46.96	46.94
Long-Term Deferred Tax Liabilities	25.25	25.34	25	24.9	24.38	22.98
Other Long-Term Liabilities	-	-	-	-	-	0.1
Total Liabilities	75.61	75.61	75.53	76.18	75.41	72.83
Common Stock	242.03	242.03	242.03	242.03	242.03	242.03
Retained Earnings	-40.82	-39.52	-37.02	-34.47	-34.48	-34.58
Comprehensive Income & Other	105.59	98.98	93.21	86.35	84.88	82.77
Shareholders' Equity	306.8	301.49	298.22	293.91	292.42	290.23
Total Liabilities & Equity	382.41	377.1	373.75	370.09	367.83	363.06
Total Debt	46.77	46.74	46.99	46.98	46.96	46.94
Net Cash (Debt)	-44.38	-43.16	-41.21	-38.47	-39.02	-40.78
Net Cash Per Share	-1.33	-1.29	-1.25	-1.19	-1.21	-1.27
Filing Date Shares Outstanding	33.8	33.8	33.35	24.62	24.62	32.18
Total Common Shares Outstanding	33.8	33.35	32.91	32.34	32.18	32.18
Working Capital	2.32	3.73	-40.91	8.24	7.51	6.54
Book Value Per Share	9.08	9.04	9.06	9.09	9.09	9.02
Tangible Book Value	-69.51	-68.36	-65.66	-61.99	-61.29	-63.49
Tangible Book Value Per Share	-2.06	-2.05	-2.00	-1.92	-1.90	-1.97

Source: S&P Global Market Intelligence. Standard template. Financial Sources.