BioRem 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	Sep '25 Sep 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	8.35	5.21	2.29	3.78	4.47	8.87
Cash & Short-Term Investments	8.35	5.21	2.29	3.78	4.47	8.87
Cash Growth	14.78%	127.46%	-39.29%	-15.57%	-49.59%	37.11%
Accounts Receivable	12.14	14.87	14.11	12.24	10.13	7.6
Receivables	12.14	14.87	14.11	12.24	10.13	7.6
Inventory	2.07	2.9	0.9	0.89	0.9	0.94
Prepaid Expenses	2.31	1.07	1.04	0.53	0.17	0.43
Other Current Assets	-	0.47	1.29	0.34	0.49	0.43
Total Current Assets	24.87	24.52	19.63	17.77	16.17	18.28
Property, Plant & Equipment	1.92	2.02	1.99	1.02	1.15	1.42
Long-Term Accounts Receivable	0.56	0.81	0.97	-	-	-
Long-Term Deferred Tax Assets	0.44	1.16	1.48	1.94	1.86	2.26
Total Assets	27.78	28.51	24.08	20.73	19.17	21.95
Accounts Payable	4.07	4.02	6.14	4.71	5.07	1.81
Accrued Expenses	0.74	2.44	2.13	2.66	2.51	2.59
Short-Term Debt	-	-	-	0.78	1.01	-
Current Portion of Long-Term Debt	0.59	0.57	0.55	0.53	0.5	-
Current Portion of Leases	0.09	0.12	0.18	0.16	0.19	0.22
Current Income Taxes Payable	-	0.96	0.17	0.89	0.45	0.13
Current Unearned Revenue	7.15	6.37	4.31	2.57	3.02	2.53
Other Current Liabilities	0.54	0.54	0.43	0.62	0.49	0.54
Total Current Liabilities	13.17	15.02	13.89	12.92	13.23	7.82
Long-Term Debt	1.41	1.86	2.43	2.98	3.5	-
Long-Term Leases	0.99	1.01	1.03	0.31	0.47	0.61
Total Liabilities	15.58	17.89	17.36	16.21	17.2	8.43
Common Stock	5.18	5.2	5	4.91	4.91	17.2
Additional Paid-In Capital	2.55	2.47	2.37	2.26	2.17	2.19
Retained Earnings	2.98	1.13	-1.92	-4.1	-5.71	-7.01
Comprehensive Income & Other	1.49	1.83	1.27	1.45	0.6	1.14
Shareholders' Equity	12.2	10.63	6.72	4.52	1.96	13.52
Total Liabilities & Equity	27.78	28.51	24.08	20.73	19.17	21.95
Total Debt	3.08	3.56	4.19	4.75	5.67	0.83
Net Cash (Debt)	5.27	1.66	-1.89	-0.97	-1.19	8.04
Net Cash Growth	48.55%	-	-	-	-	26.19%
Net Cash Per Share	0.33	0.11	-0.12	-0.06	-0.03	0.20
Filing Date Shares Outstanding	15.98	15.7	15.7	15.5	15.48	38.66
Total Common Shares Outstanding	15.98	15.7	15.7	15.5	15.48	38.66
Working Capital	11.69	9.51	5.74	4.85	2.93	10.46
Book Value Per Share	0.76	0.68	0.43	0.29	0.13	0.35
Tangible Book Value	12.2	10.63	6.72	4.52	1.96	13.52
Tangible Book Value Per Share	0.76	0.68	0.43	0.29	0.13	0.35
Machinery	-	2.72	2.58	2.71	2.47	2.45
Leasehold Improvements	-	0.89	0.88	0.9	0.89	0.83
Order Backlog	-	56.1	50.1	38	24.93	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.