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	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	19.94	25.42	31.79	35.04	29.59	8.53
Cash & Short-Term Investments	19.94	25.42	31.79	35.04	29.59	8.53
Cash Growth	-25.17%	-20.04%	-9.27%	18.41%	246.85%	-18.00%
Accounts Receivable	13.34	11.16	3.24	3.02	4.6	4.02
Inventory	10.32	8.59	-	-	-	-
Other Current Assets	7.43	6.41	1.4	1.42	0.97	1.07
Total Current Assets	51.03	51.58	36.44	39.47	35.16	13.62
Net Property, Plant & Equipment	285.09	282.98	129.93	128.4	155.53	155.03
Other Intangible Assets	5.75	5.45	-	-	-	-
Goodwill	49.16	45.96	-	-	-	-
Long-Term Investments	-	-	4.36	4.47	5.8	7.97
Other Long-Term Assets	10.34	9.29	-	-	-	7.66
Total Assets	401.37	395.26	170.72	172.35	196.49	184.26
Accounts Payable	24.26	44.75	12.55	9.39	10.63	8.36
Short-Term Debt	-	-	-	0.04	0.03	3.42
Current Portion of Long-Term Debt	0.95	-	-	-	-	-
Current Portion of Leases	0.84	0.99	0.06	0.06	0.06	0.05
Unearned Revenue	8.75	-	-	-	-	-
Other Current Liabilities	65.86	57.81	0.8	0.18	0.48	-
Total Current Liabilities	100.66	103.55	13.4	9.67	11.21	11.83
Long-Term Debt	115.93	100.76	-	-	-	-
Long-Term Leases	0.46	0.49	0.08	0.13	0.19	0.16
Other Long-Term Liabilities	122.52	113.81	18.61	18.88	18.96	21.5
Total Long-Term Liabilities	238.91	215.05	18.69	19.01	19.15	21.65
Total Liabilities	339.57	318.6	32.09	28.68	30.36	35.3
Common Stock	437.27	435.23	429.88	429.88	429.88	429.88
Additional Paid-in Capital	44.06	44.43	29.28	27.91	26.3	24.07
Accumulated Other Comprehensive Income	-1.33	-2.63	0.9	-0.02	0.34	-0.53
Retained Earnings	-418.2	-400.36	-321.43	-314.1	-290.39	-304.46
Shareholders' Equity	61.8	76.66	138.63	143.67	166.13	148.96
Total Liabilities & Equity	401.37	395.26	170.72	172.35	196.49	184.26
Total Debt	118.18	102.23	0.14	0.23	0.28	3.63
Net Cash (Debt)	-98.24	-76.81	31.65	34.81	29.31	4.9
Net Cash Growth	-	-	-9.07%	18.78%	497.61%	-
Net Cash Per Share	-0.23	-0.18	0.07	0.08	0.07	0.01
Book Value	61.8	76.66	138.63	143.67	166.13	148.96
Book Value Per Share	0.14	0.18	0.32	0.33	0.39	0.35
Tangible Book Value	6.89	25.25	138.63	143.67	166.13	148.96
Tangible Book Value Per Share	0.02	0.06	0.32	0.33	0.39	0.35