Covalon Technologies Ltd. (TSXV:COV)

Covalon Technologies Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	18.09	16.75	8.79	15.43	25.5	3.51
Cash & Short-Term Investments	18.09	16.75	8.79	15.43	25.5	3.51
Cash Growth	92.32%	90.42%	-43.01%	-39.47%	626.98%	-63.37%
Accounts Receivable	4.6	3.65	6.16	4.73	6.4	3.33
Other Receivables	0.12	0.26	-	-	-	-
Receivables	4.72	3.91	6.16	4.73	6.4	3.33
Inventory	8.06	7.7	5.94	4.97	4.7	7.2
Prepaid Expenses	0.87	0.69	0.39	2.1	0.85	0.81
Total Current Assets	31.73	29.04	21.29	27.23	37.44	14.85
Property, Plant & Equipment	2.16	1.18	1.68	1.87	2.11	4.64
Goodwill	-	-	-	-	-	13.02
Other Intangible Assets	1.33	1.38	1.44	0.99	0.52	1.65
Long-Term Deferred Charges	0.01	0.06	0.35	0.29	0.38	0.51
Other Long-Term Assets	-	0.15	0.14	-	0.14	0.04
Total Assets	35.24	31.81	24.9	30.38	40.58	34.7
Accounts Payable	4.05	3.32	4.46	3.72	4.04	3.9
Short-Term Debt	-	-	-	-	-	7.65
Current Portion of Long-Term Debt	-	-	-	-	-	10.07
Current Portion of Leases	0.55	0.6	0.64	0.61	0.54	0.52
Current Unearned Revenue	0.08	0.07	0.08	0.21	0.41	0.5
Total Current Liabilities	4.83	4	5.19	4.54	5	22.64
Long-Term Leases	0.73	0.3	0.92	1.56	2.05	2.66
Long-Term Unearned Revenue	-	-	-	0.05	0.16	0.29
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	5.56	4.3	6.11	6.15	7.21	25.59
Common Stock	51.82	51.75	42.77	43.84	44.68	44.61
Additional Paid-In Capital	8.51	8.32	11.44	11.28	11.83	11.65
Retained Earnings	-34	-35.7	-38.37	-33.91	-24.24	-47.72
Comprehensive Income & Other	3.35	3.13	2.95	3.01	1.11	0.57
Shareholders' Equity	29.68	27.5	18.79	24.23	33.37	9.11
Total Liabilities & Equity	35.24	31.81	24.9	30.38	40.58	34.7
Total Debt	1.28	0.9	1.56	2.17	2.59	20.9
Net Cash (Debt)	16.81	15.85	7.23	13.26	22.9	-17.4
Net Cash Growth	101.91%	119.09%	-45.47%	-42.09%	-	-
Net Cash Per Share	0.61	0.63	0.29	0.51	0.89	-0.67
Filing Date Shares Outstanding	27.42	27.4	24.67	25.07	25.87	25.82
Total Common Shares Outstanding	27.42	27.4	24.67	25.29	25.87	25.82
Working Capital	26.9	25.04	16.1	22.69	32.44	-7.79
Book Value Per Share	1.08	1.00	0.76	0.96	1.29	0.35
Tangible Book Value	28.34	26.13	17.35	23.24	32.85	-5.56
Tangible Book Value Per Share	1.03	0.95	0.70	0.92	1.27	-0.22
Machinery	3.72	3.17	3.2	2.68	3.38	3.65
Leasehold Improvements	0.39	0.38	0.38	0.38	0.44	0.48

Source: S&P Global Market Intelligence. Standard template. Financial Sources.