Instructure Holdings Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	21.47	16.34	13.86	22.53	25.14	25.53
Cash & Short-Term Investments	21.47	16.34	13.86	22.53	25.14	25.53
Cash Growth	13.98%	17.90%	-38.49%	-10.38%	-1.50%	4.36%
Accounts Receivable	11.41	9.78	8.52	6.64	4.1	4.56
Receivables	11.41	9.78	8.52	6.64	4.1	4.56
Prepaid Expenses	16.77	9.26	15.84	9.95	6.38	3.45
Other Current Assets	-	-	1.03	4.7	6.14	-
Total Current Assets	49.64	35.38	39.25	43.82	41.77	33.53
Property, Plant & Equipment	1,946	1,860	1,681	1,804	1,626	1,394
Goodwill	111.44	111.44	108.32	105.32	97.53	97.53
Other Intangible Assets	234.04	227.27	215.39	68.08	71.21	62.42
Total Assets	2,341	2,234	2,044	2,021	1,836	1,587
Accounts Payable	22.78	20.56	19.02	20.28	16.97	15.95
Accrued Expenses	0.42	2.67	2.79	0.52	1.5	2.69
Short-Term Debt	-	-	26.49	-	-	-
Current Portion of Long-Term Debt	310.29	300.5	300.5	-	-	-
Other Current Liabilities	5.8	5.36	0.05	2.28	0.03	-
Total Current Liabilities	339.29	329.09	348.85	23.08	18.51	18.64
Long-Term Debt	1,740	1,639	1,347	1,655	1,460	1,252
Long-Term Leases	124.52	92.14	99.72	80.52	77.09	44.04
Long-Term Unearned Revenue	14.41	12.36	13.06	14.13	12.94	9.83
Long-Term Deferred Tax Liabilities	26.38	30.51	39.57	40.47	45.38	53.2
Total Liabilities	2,245	2,103	1,848	1,814	1,614	1,377
Common Stock	357.26	372.71	404.05	424.95	406.57	365.89
Additional Paid-In Capital	41.56	41.39	40.57	38.45	26.42	15.13
Retained Earnings	-316.49	-296.8	-262.25	-256.25	-210.78	-170.84
Comprehensive Income & Other	13.51	13.51	13.51	-	-	-
Shareholders' Equity	95.84	130.81	195.87	207.16	222.21	210.18
Total Liabilities & Equity	2,341	2,234	2,044	2,021	1,836	1,587
Total Debt	2,175	2,032	1,774	1,736	1,537	1,296
Net Cash (Debt)	-2,154	-2,015	-1,760	-1,713	-1,512	-1,270
Net Cash Per Share	-5.84	-5.41	-4.67	-4.53	-4.08	-3.49
Filing Date Shares Outstanding	365	366.46	374.65	378.1	377.98	366.25
Total Common Shares Outstanding	365	366.95	374.56	378.02	374.64	366.25
Working Capital	-289.65	-293.71	-309.6	20.74	23.26	14.9
Book Value Per Share	0.26	0.36	0.52	0.55	0.59	0.57
Tangible Book Value	-249.64	-207.9	-127.83	33.76	53.47	50.22
Tangible Book Value Per Share	-0.68	-0.57	-0.34	0.09	0.14	0.14
Land	749.85	726.02	655.86	660.21	549	493.88
Machinery	45.93	39.14	27.51	21.21	15.09	11.7
Construction In Progress	45.85	34.65	32.05	31.81	28.73	29.84

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.