Bitcoin Well Inc. (TSXV:BTCW)

Bitcoin Well Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.79	2.88	1.67	3.95	4.8	4.05
Cash & Short-Term Investments	2.21	2.88	1.67	3.95	4.8	4.05
Cash Growth	11.10%	72.31%	-57.71%	-17.78%	18.38%	245.38%
Accounts Receivable	0.65	0.58	0.57	0.1	0.36	0.09
Other Receivables	-	-	-	0.27	0.12	0.61
Receivables	0.65	0.58	0.57	0.37	0.48	0.7
Inventory	1.51	1.38	0.59	0.71	0.38	4.93
Prepaid Expenses	-	0.2	0.59	0.01	0.31	0.14
Other Current Assets	21.33	22.4	10.24	6.04	8.84	0.04
Total Current Assets	25.7	27.43	13.66	11.08	14.81	9.85
Property, Plant & Equipment	0.28	0.42	0.79	1.42	2.36	1.26
Long-Term Investments	-	-	0.01	0.35	0.93	-
Goodwill	0.11	0.11	0.11	0.11	0.41	-
Other Intangible Assets	0.06	0.07	0.34	1.06	4.63	0.81
Long-Term Deferred Tax Assets	-	-	-	-	0.41	-
Total Assets	26.14	28.02	14.91	14.02	23.56	12.12
Accounts Payable	0.21	0.27	0.49	0.28	0.67	0.41
Accrued Expenses	0.53	0.29	0.26	0.4	0.58	0.56
Short-Term Debt	19.65	9.64	5.91	7.3	15.65	11.4
Current Portion of Long-Term Debt	1.38	0.24	0.1	6.42	-	-
Current Portion of Leases	0.04	0.03	0.06	0.04	0.13	0.09
Current Income Taxes Payable	-	-	-	-	-	0.23
Current Unearned Revenue	0.14	0.73	-	-	-	-
Other Current Liabilities	0.16	0.17	0.19	0.1	0.2	0.1
Total Current Liabilities	22.11	11.38	7.01	14.54	17.22	12.79
Long-Term Debt	17.99	29.62	17.04	5.1	0.1	0.04
Long-Term Leases	0.03	0.01	0.01	-	0.03	0.07
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.09
Other Long-Term Liabilities	-	-	-	0.22	0.22	-
Total Liabilities	40.12	41.02	24.06	19.86	17.57	13
Common Stock	15.98	15.37	13.25	12.1	11.94	1.92
Additional Paid-In Capital	3.98	3.91	3.33	1.48	1.8	0.3
Retained Earnings	-53.37	-52.5	-34.72	-22.69	-16.7	-3.1
Comprehensive Income & Other	19.43	20.22	8.99	3.28	8.95	-
Shareholders' Equity	-13.98	-12.99	-9.15	-5.83	5.99	-0.87
Total Liabilities & Equity	26.14	28.02	14.91	14.02	23.56	12.12
Total Debt	39.08	39.55	23.12	18.86	15.91	11.6
Net Cash (Debt)	-36.87	-36.68	-21.45	-14.91	-11.11	-7.55
Net Cash Per Share	-0.17	-0.17	-0.12	-0.09	-0.08	-0.07
Filing Date Shares Outstanding	225.42	220.16	214.51	174.38	173.53	12.02
Total Common Shares Outstanding	223.06	218.7	200.16	174.38	173.53	11.8
Working Capital	3.6	16.05	6.65	-3.46	-2.41	-2.94
Book Value Per Share	-0.06	-0.06	-0.05	-0.03	0.03	-0.07
Tangible Book Value	-14.14	-13.17	-9.6	-7	0.95	-1.68
Tangible Book Value Per Share	-0.06	-0.06	-0.05	-0.04	0.01	-0.14
Machinery	-	1.84	2.26	2.46	2.52	1.31
Leasehold Improvements	-	-	-	0.36	0.76	0.34

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