Solution Financial Inc. (TSX:SFI)

Solution Financial Balance Sheet

Financials in millions CAD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Cash & Equivalents	1.24	0.68	1.29	1.81	3.38	2.53
Cash & Short-Term Investments	1.24	0.68	1.29	1.81	3.38	2.53
Cash Growth	92.15%	-47.02%	-28.56%	-46.58%	33.77%	333.20%
Accounts Receivable	8.76	9.02	8.83	4.2	0.83	0.72
Receivables	8.76	9.02	8.83	4.8	1.43	0.73
Inventory	0.61	0.44	0.49	0.47	0.43	0.55
Restricted Cash	1.57	1.5	1.27	-	-	-
Other Current Assets	0.17	0.09	0.08	0.13	0.23	0.08
Total Current Assets	12.36	11.74	11.96	7.21	5.47	3.89
Property, Plant & Equipment	0.23	0.31	0.26	0.33	0.32	0.28
Other Intangible Assets	0.1	0.1	0.11	0.04	0.04	0.04
Long-Term Accounts Receivable	20.96	18.15	12.92	10.22	0.98	0.33
Other Long-Term Assets	0.76	1.1	4.35	12.03	26.48	24.52
Total Assets	34.42	31.4	29.61	29.84	33.29	29.07
Accounts Payable	0.5	0.68	0.43	0.44	0.22	0.22
Short-Term Debt	5.35	3.01	1.09	8.42	9.97	10.06
Current Portion of Long-Term Debt	3.9	5.61	5.81	-	-	2.69
Current Portion of Leases	0.06	0.06	0.01	0.06	0.04	0.02
Current Unearned Revenue	0.02	0.04	0.2	0.21	0.03	0
Other Current Liabilities	0.45	0.5	0.84	0.55	0.65	0.61
Total Current Liabilities	10.29	9.89	8.38	9.67	10.9	13.6
Long-Term Debt	9.21	6.43	6.26	3	3.16	-
Long-Term Leases	-	0.01	-	0.02	0.05	0.01
Long-Term Unearned Revenue	-	-	0.04	0.87	3.1	2.65
Long-Term Deferred Tax Liabilities	0.84	0.86	0.97	1.38	1.11	0.86
Other Long-Term Liabilities	1.62	1.46	1.17	1.41	1.54	1.51
Total Liabilities	21.96	18.65	16.81	16.34	19.86	18.64
Common Stock	9.3	9.35	9.38	9.51	9.71	7.08
Additional Paid-In Capital	0.79	0.79	0.6	0.6	0.53	0.87
Retained Earnings	2.2	2.44	2.46	3.03	2.96	2.39
Comprehensive Income & Other	0.17	0.17	0.36	0.36	0.24	0.09
Shareholders' Equity	12.46	12.75	12.8	13.49	13.43	10.43
Total Liabilities & Equity	34.42	31.4	29.61	29.84	33.29	29.07
Total Debt	18.52	15.12	13.16	11.49	13.21	12.77
Net Cash (Debt)	-17.28	-14.44	-11.87	-9.68	-9.83	-10.25
Net Cash Per Share	-0.20	-0.17	-0.14	-0.11	-0.12	-0.13
Filing Date Shares Outstanding	85.66	86.19	86.4	87.63	89.44	81.4
Total Common Shares Outstanding	85.66	86.19	86.4	87.63	89.44	81.38
Working Capital	2.06	1.85	3.58	-2.46	-5.43	-9.71
Book Value Per Share	0.15	0.15	0.15	0.15	0.15	0.13
Tangible Book Value	12.36	12.65	12.68	13.45	13.4	10.39
Tangible Book Value Per Share	0.14	0.15	0.15	0.15	0.15	0.13
Land	0.16	0.16	0.16	0.16	0.16	0.16
Buildings	0.09	0.09	0.09	0.09	0.09	0.09
Machinery	0.16	0.16	0.16	0.16	0.15	0.14
Leasehold Improvements	0.02	0.02	0.02	0.02	0.02	-

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