Topaz Energy Corp. (TSX:TPZ)

Topaz Energy Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.58	0.15	3.46	-	-
Cash & Short-Term Investments	0.58	0.15	3.46	-	-
Cash Growth	294.56%	-95.75%	-	-	-
Receivables	55.62	52.49	47.34	62.47	46.76
Prepaid Expenses	0.72	0.79	0.85	0.76	0.79
Other Current Assets	4.54	10.6	8.73	6.24	0.8
Total Current Assets	61.46	64.02	60.38	69.47	48.34
Property, Plant & Equipment	2,159	2,157	1,581	1,741	1,511
Long-Term Deferred Tax Assets	-	-	3.21	25.38	52.67
Other Long-Term Assets	0.82	2.34	2.33	-	-
Total Assets	2,222	2,223	1,647	1,836	1,612
Accounts Payable	3.65	6.27	6.33	4.52	4.34
Other Current Liabilities	1.81	5.99	0.76	-	0.26
Total Current Liabilities	5.46	12.26	7.08	4.52	4.59
Long-Term Debt	570.77	540.4	391.64	464.58	276.86
Long-Term Deferred Tax Liabilities	119.61	78.3	-	-	-
Other Long-Term Liabilities	5.41	10.33	4.65	4.33	5.37
Total Liabilities	701.24	641.3	403.37	473.44	286.83
Common Stock	1,745	1,734	1,526	1,519	1,425
Additional Paid-In Capital	71.19	63.83	55.25	51.91	50.02
Retained Earnings	-295.31	-216.36	-337.17	-208.5	-150.56
Shareholders' Equity	1,520	1,582	1,244	1,362	1,325
Total Liabilities & Equity	2,222	2,223	1,647	1,836	1,612
Total Debt	570.77	540.4	391.64	464.58	276.86
Net Cash (Debt)	-570.19	-540.25	-388.18	-464.58	-276.86
Net Cash Per Share	-3.69	-3.67	-2.67	-3.24	-2.23
Filing Date Shares Outstanding	154.5	153.8	144.8	144.4	139.4
Total Common Shares Outstanding	153.99	153.46	144.74	144.21	139.33
Working Capital	56	51.76	53.3	64.95	43.75
Book Value Per Share	9.87	10.31	8.59	9.45	9.51
Tangible Book Value	1,520	1,582	1,244	1,362	1,325
Tangible Book Value Per Share	9.87	10.31	8.59	9.45	9.51

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.