Thinkific Labs Inc. (TSX: THNC)

Thinkific Labs Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	50.35	86.61	93.85	126.05	9.07	3.69
Cash & Short-Term Investments	50.35	86.61	93.85	126.05	9.07	3.69
Cash Growth	-41.86%	-7.71%	-25.55%	1290.41%	145.57%	-
Accounts Receivable	4.05	3.05	2.3	1.28	0.78	0.23
Other Receivables	0.34	1.2	0.41	0.11	0.94	0.62
Receivables	4.39	4.26	2.71	1.39	1.72	0.86
Prepaid Expenses	3.27	3.17	1.8	2.77	0.57	0.14
Other Current Assets	0.61	1.1	0.32	0.16	-	-
Total Current Assets	58.62	95.14	98.68	130.38	11.36	4.69
Property, Plant & Equipment	1.19	1.67	3.51	1.52	1.58	1.02
Other Intangible Assets	0.14	0.11	0.12	0.1	-	-
Long-Term Accounts Receivable	-	0.01	-	-	-	-
Long-Term Deferred Charges	0.91	0.87	0.66	0.41	-	-
Total Assets	60.85	97.79	102.97	132.4	12.94	5.71
Accounts Payable	0.83	0.46	0.41	1.34	0.37	0.2
Accrued Expenses	6.5	4.84	4.52	1.95	1.13	0.18
Current Portion of Leases	0.47	0.56	0.44	0.52	0.49	0.25
Current Unearned Revenue	10.39	9.53	8.24	6.63	4.77	1.9
Total Current Liabilities	18.19	15.38	13.61	10.43	6.76	2.52
Long-Term Debt	-	-	-	-	-	0.81
Long-Term Leases	0.14	0.48	1.51	0.36	0.87	0.75
Total Liabilities	18.32	15.85	15.12	10.79	7.63	4.08
Common Stock	109.55	147.74	146.18	145.58	6.7	2.29
Additional Paid-In Capital	7.57	8.67	6.93	4.87	1.07	0.51
Retained Earnings	-74.56	-75	-65.22	-28.8	-2.42	-1.13
Comprehensive Income & Other	-0.03	0.53	-0.04	-0.04	-0.04	-0.04
Shareholders' Equity	42.53	81.94	87.85	121.61	5.31	1.63
Total Liabilities & Equity	60.85	97.79	102.97	132.4	12.94	5.71
Total Debt	0.6	1.03	1.96	0.88	1.36	1.81
Net Cash (Debt)	49.74	85.58	91.89	125.18	7.7	1.89
Net Cash Growth	-41.79%	-6.87%	-26.59%	1524.67%	308.44%	-
Net Cash Per Share	0.73	1.06	1.17	1.92	0.19	0.13
Filing Date Shares Outstanding	68.27	80.79	79.75	77.25	9.87	13.28
Total Common Shares Outstanding	68.32	81.36	79.67	77.25	9.87	13.28
Working Capital	40.43	79.76	85.07	119.95	4.6	2.17
Book Value Per Share	0.62	1.01	1.10	1.57	0.54	0.12
Tangible Book Value	42.38	81.83	87.73	121.51	5.31	1.63
Tangible Book Value Per Share	0.62	1.01	1.10	1.57	0.54	0.12
Machinery	-	1.42	1.67	0.63	0.25	0.16
Leasehold Improvements	-	0.54	0.66	0.47	0.31	0.05

Source: S&P Capital IQ. Standard template. Financial Sources.