Covalon Technologies Balance Sheet

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	17.88	17.37	16.75	8.79	14.06	22.95
Cash & Short-Term Investments	17.88	17.37	16.75	8.79	14.06	22.95
Cash Growth	2.17%	3.71%	90.42%	-37.46%	-38.72%	554.32%
Accounts Receivable	2.18	5.84	3.65	6.16	4.73	6.4
Other Receivables	-	0.09	0.26	-	-	-
Total Trade Receivables	2.18	5.93	3.91	6.16	4.73	6.4
Inventory	6.82	7.4	7.7	5.94	4.97	4.7
Other Current Assets	0.86	0.84	0.69	0.39	3.47	3.39
Total Current Assets	27.74	31.53	29.04	21.29	27.23	37.44
Net Property, Plant & Equipment	3.73	3.24	1.18	1.68	1.87	2.11
Other Intangible Assets	1.32	1.35	1.44	1.79	1.28	0.9
Other Long-Term Assets	-	-	0.15	0.14	-	0.14
Total Assets	32.8	36.12	31.81	24.9	30.38	40.58
Accounts Payable	3.81	3.14	3.32	4.46	3.72	4.04
Current Portion of Leases	0.53	0.63	0.6	0.64	0.61	0.54
Unearned Revenue	0.53	-	0.07	0.08	0.21	0.41
Total Current Liabilities	4.87	3.77	4	5.19	4.54	5
Long-Term Leases	1.53	1.63	0.3	0.92	1.56	2.05
Other Long-Term Liabilities	-	-	0	-	0.05	0.16
Total Long-Term Liabilities	1.53	1.63	0.31	0.92	1.61	2.21
Total Liabilities	6.41	5.4	4.3	6.11	6.15	7.21
Common Stock	52.11	51.82	51.75	42.77	43.84	44.68
Additional Paid-in Capital	8.35	8.57	8.32	11.44	11.28	11.83
Accumulated Other Comprehensive Income	3.59	3.98	3.13	2.95	3.01	1.11
Retained Earnings	-37.66	-33.64	-35.7	-38.37	-33.91	-24.24
Shareholders' Equity	26.39	30.73	27.5	18.79	24.23	33.37
Total Liabilities & Equity	32.8	36.12	31.81	24.9	30.38	40.58
Total Debt	2.07	2.25	0.9	1.56	2.17	2.59
Net Cash (Debt)	15.81	15.11	15.85	7.23	11.89	20.36
Net Cash Growth	4.63%	-4.62%	119.09%	-39.19%	-41.58%	-
Net Cash Per Share	0.57	0.54	0.64	0.29	-	0.79
Book Value	26.39	30.73	27.5	18.79	24.23	33.37
Book Value Per Share	0.95	1.10	1.10	0.75	-	1.29
Tangible Book Value	25.07	29.38	26.06	17	22.95	32.48
Tangible Book Value Per Share	0.90	1.05	1.04	0.68	-	1.26

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.