BQE Water Inc. (TSXV:BQE)

BQE Water Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16.64	18.98	11.77	7.93	6.23	3.94
Short-Term Investments	0.52	0.52	-	-	-	-
Cash & Short-Term Investments	17.17	19.51	11.77	7.93	6.23	3.94
Cash Growth	23.41%	65.71%	48.48%	27.16%	58.08%	21.73%
Accounts Receivable	8.12	5.6	3.7	4.29	3.18	2.01
Other Receivables	0.12	0.15	0.76	0.09	0.02	0
Receivables	8.24	5.75	4.46	4.37	3.21	2.01
Prepaid Expenses	0.43	0.39	0.77	0.41	0.34	0.23
Restricted Cash	-	-	-	-	0.18	0.08
Other Current Assets	0.01	0.12	0.31	-	-	-
Total Current Assets	25.86	25.78	17.32	12.71	9.96	6.27
Property, Plant & Equipment	3.15	2.19	2.15	1.82	0.4	0.26
Long-Term Investments	5.68	4.47	6.05	4.05	5.3	6.86
Other Intangible Assets	0.02	0.06	0.15	0.23	0.31	0.4
Long-Term Deferred Tax Assets	3.16	3.16	1.38	-	-	-
Other Long-Term Assets	0.07	0.05	0.05	0.05	0.02	0.02
Total Assets	37.93	35.71	27.09	18.86	15.99	13.8

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.93	1.38	1.02	0.66	0.65	0.59
Accrued Expenses	2.22	2.27	1.85	1.27	1.27	0.81
Current Portion of Long-Term Debt	-	0.02	0.08	0.08	0.08	0.08
Current Portion of Leases	0.17	0.14	0.16	0.11	0.19	0.12
Current Income Taxes Payable	0.19	0.17	0.06	0.02	0.03	0.04
Current Unearned Revenue	0.33	0.38	1.55	0.04	0.44	0.07
Other Current Liabilities	-	-	-	-	0.14	-
Total Current Liabilities	4.84	4.37	4.72	2.18	2.79	1.71
Long-Term Debt	1.19	0.61	0.25	0.23	0.19	0.27
Long-Term Leases	1.81	1.54	1.45	1.5	0.09	0.09
Long-Term Unearned Revenue	-	-	0.14	0.17	0.28	0.25
Pension & Post-Retirement Benefits	0.27	0.4	-	-	-	-
Other Long-Term Liabilities	-	-	-	-	-	0.17
Total Liabilities	8.11	6.91	6.56	4.08	3.35	2.49

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	57.17	57.09	56.81	56.3	56.65	56.57
Additional Paid-In Capital	11.2	11.2	11.18	11.11	10.92	10.67
Retained Earnings	-40.42	-41	-49.06	-53.86	-56.52	-57.68
Comprehensive Income & Other	1.88	1.5	1.6	1.23	1.58	1.75
Shareholders' Equity	29.83	28.8	20.53	14.78	12.64	11.31
Total Liabilities & Equity	37.93	35.71	27.09	18.86	15.99	13.8

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3.17	2.31	1.94	1.92	0.55	0.56
Net Cash (Debt)	13.99	17.19	9.83	6.01	5.69	3.39
Net Cash Growth	21.63%	74.90%	63.58%	5.65%	67.97%	32.90%
Net Cash Per Share	10.68	13.15	7.67	4.71	4.50	2.72
Filing Date Shares Outstanding	1.3	1.3	1.29	1.26	1.25	1.25
Total Common Shares Outstanding	1.3	1.3	1.29	1.25	1.26	1.24
Working Capital	21.02	21.41	12.59	10.53	7.17	4.56
Book Value Per Share	22.93	22.18	15.95	11.85	10.06	9.09
Tangible Book Value	29.8	28.73	20.38	14.54	12.32	10.91
Tangible Book Value Per Share	22.91	22.13	15.84	11.67	9.80	8.77
Machinery	1.94	0.58	0.58	0.58	0.58	0.58

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 2, 2026

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