Questerre Energy 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	Jun '26 Jun 30, 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	44.25	25.42	31.79	35.04	29.59	8.53
Cash & Short-Term Investments	44.25	25.42	31.79	35.04	29.59	8.53
Cash Growth	141.21%	-20.04%	-9.27%	18.41%	246.85%	-18.00%
Accounts Receivable	13.67	11.16	3.24	3.02	4.6	4.02
Inventory	13.44	8.59	-	-	-	-
Other Current Assets	15.75	6.41	1.4	1.42	0.97	1.07
Total Current Assets	87.1	51.58	36.44	39.47	35.16	13.62
Net Property, Plant & Equipment	265.72	282.98	129.93	128.4	155.53	155.03
Other Intangible Assets	5.79	5.45	-	-	-	-
Goodwill	50.4	45.96	-	-	-	-
Long-Term Investments	-	-	4.36	4.47	5.8	7.97
Other Long-Term Assets	12.66	9.29	-	-	-	7.66
Total Assets	421.67	395.26	170.72	172.35	196.49	184.26
Accounts Payable	26.4	44.75	12.55	9.39	10.63	8.36
Short-Term Debt	-	-	-	0.04	0.03	3.42
Current Portion of Leases	0.63	0.99	0.06	0.06	0.06	0.05
Unearned Revenue	15.68	-	-	-	-	-
Other Current Liabilities	63.52	57.81	0.8	0.18	0.48	-
Total Current Liabilities	106.23	103.55	13.4	9.67	11.21	11.83
Long-Term Debt	112.2	100.76	-	-	-	-
Long-Term Leases	0.42	0.49	0.08	0.13	0.19	0.16
Other Long-Term Liabilities	111.92	113.81	18.61	18.88	18.96	21.5
Total Long-Term Liabilities	224.54	215.05	18.69	19.01	19.15	21.65
Total Liabilities	330.77	318.6	32.09	28.68	30.36	35.3
Common Stock	437.44	435.23	429.88	429.88	429.88	429.88
Additional Paid-in Capital	44.61	44.43	29.28	27.91	26.3	24.07
Accumulated Other Comprehensive Income	-0.8	-2.63	0.9	-0.02	0.34	-0.53
Retained Earnings	-390.36	-400.36	-321.43	-314.1	-290.39	-304.46
Shareholders' Equity	90.89	76.66	138.63	143.67	166.13	148.96
Total Liabilities & Equity	421.67	395.26	170.72	172.35	196.49	184.26
Total Debt	113.26	102.23	0.14	0.23	0.28	3.63
Net Cash (Debt)	-69.01	-76.81	31.65	34.81	29.31	4.9
Net Cash Growth	-	-	-9.07%	18.78%	497.61%	-
Net Cash Per Share	-0.16	-0.18	0.07	0.08	0.07	0.01
Book Value	90.89	76.66	138.63	143.67	166.13	148.96
Book Value Per Share	0.21	0.18	0.32	0.33	0.39	0.35
Tangible Book Value	34.7	25.25	138.63	143.67	166.13	148.96
Tangible Book Value Per Share	0.08	0.06	0.32	0.33	0.39	0.35