Trican Well Service 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	1.42	12.47	26.28	88.75	58.11	29.51
Cash & Short-Term Investments	1.42	12.47	26.28	88.75	58.11	29.51
Cash Growth	-65.54%	-52.57%	-70.39%	52.72%	96.93%	30.54%
Accounts Receivable	221.81	260.68	210.62	181.13	175.44	127.79
Inventory	27.28	34.98	20.27	21.55	24.69	19.04
Other Current Assets	11.16	12.52	6.27	6.2	5.02	5
Total Current Assets	261.67	320.64	263.44	297.63	263.26	181.34
Net Property, Plant & Equipment	528.05	536.34	409.93	412.82	404.81	383
Other Intangible Assets	59.06	61.05	-	-	3.04	13.5
Goodwill	74.02	74.02	-	-	-	-
Other Long-Term Assets	22.06	21.67	9.7	-	-	-
Total Assets	944.85	1,014	683.07	710.44	671.12	577.84
Accounts Payable	111.48	122.83	126.02	103.65	90.91	75.17
Current Portion of Leases	6.04	6.13	5.09	4.42	2.99	2.41
Other Current Liabilities	-	-	4.37	36.37	-	-
Total Current Liabilities	117.52	128.96	135.48	144.44	93.9	77.58
Long-Term Debt	31.24	92.4	-	-	29.82	-
Long-Term Leases	16.33	17.83	14.92	13.72	9.58	7.91
Other Long-Term Liabilities	74.52	78.68	44.28	35.22	33.15	2.95
Total Long-Term Liabilities	122.08	188.91	59.2	48.94	72.55	10.86
Total Liabilities	239.61	317.87	194.68	193.38	166.45	88.44
Common Stock	828.37	831.08	679.37	753.08	829.2	893.85
Additional Paid-in Capital	63.35	67.98	75.29	83.34	85.79	87.8
Retained Earnings	-186.47	-203.21	-266.26	-319.35	-410.33	-492.24
Shareholders' Equity	705.25	695.85	488.39	517.07	504.67	489.4
Total Liabilities & Equity	944.85	1,014	683.07	710.44	671.12	577.84
Total Debt	53.61	116.36	20.01	18.14	42.39	10.32
Net Cash (Debt)	-52.18	-103.89	6.27	70.61	15.72	19.19
Net Cash Growth	-	-	-91.12%	349.11%	-18.07%	117.08%
Net Cash Per Share	-0.26	-0.53	0.03	0.32	0.06	0.07
Book Value	705.25	695.85	488.39	517.07	504.67	489.4
Book Value Per Share	3.51	3.55	2.40	2.33	2.05	1.90
Tangible Book Value	572.18	560.79	488.39	517.07	501.63	475.9
Tangible Book Value Per Share	2.85	2.86	2.40	2.33	2.03	1.85