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	Mar '26 Mar 31, 2026	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	16.57	17.37	16.75	8.79	14.06	22.95
Cash & Short-Term Investments	16.57	17.37	16.75	8.79	14.06	22.95
Cash Growth	-8.11%	3.71%	90.42%	-37.46%	-38.72%	554.32%
Accounts Receivable	4.7	5.84	3.65	6.16	4.73	6.4
Other Receivables	-	0.09	0.26	-	-	-
Total Trade Receivables	4.7	5.93	3.91	6.16	4.73	6.4
Inventory	6.38	7.4	7.7	5.94	4.97	4.7
Other Current Assets	0.51	0.84	0.69	0.39	3.47	3.39
Total Current Assets	28.15	31.53	29.04	21.29	27.23	37.44
Net Property, Plant & Equipment	3.72	3.24	1.18	1.68	1.87	2.11
Other Intangible Assets	1.31	1.35	1.44	1.79	1.28	0.9
Other Long-Term Assets	-	-	0.15	0.14	-	0.14
Total Assets	33.18	36.12	31.81	24.9	30.38	40.58
Accounts Payable	3.28	3.14	3.32	4.46	3.72	4.04
Current Portion of Leases	0.33	0.63	0.6	0.64	0.61	0.54
Unearned Revenue	0.11	-	0.07	0.08	0.21	0.41
Total Current Liabilities	3.72	3.77	4	5.19	4.54	5
Long-Term Leases	1.44	1.63	0.3	0.92	1.56	2.05
Other Long-Term Liabilities	-	-	0	-	0.05	0.16
Total Long-Term Liabilities	1.44	1.63	0.31	0.92	1.61	2.21
Total Liabilities	5.16	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	8.42	8.57	8.32	11.44	11.28	11.83
Accumulated Other Comprehensive Income	4.05	3.98	3.13	2.95	3.01	1.11
Retained Earnings	-36.56	-33.64	-35.7	-38.37	-33.91	-24.24
Shareholders' Equity	28.02	30.73	27.5	18.79	24.23	33.37
Total Liabilities & Equity	33.18	36.12	31.81	24.9	30.38	40.58
Total Debt	1.77	2.25	0.9	1.56	2.17	2.59
Net Cash (Debt)	14.79	15.11	15.85	7.23	11.89	20.36
Net Cash Growth	-2.11%	-4.62%	119.09%	-39.19%	-41.58%	-
Net Cash Per Share	0.53	0.54	0.64	0.29	0.47	0.79
Book Value	28.02	30.73	27.5	18.79	24.23	33.37
Book Value Per Share	1.01	1.10	1.10	0.75	0.95	1.29
Tangible Book Value	26.71	29.38	26.06	17	22.95	32.48
Tangible Book Value Per Share	0.96	1.05	1.04	0.68	0.90	1.26