Decibel Cannabis Company 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	6.08	7	3.48	2.97	1.92	3.82
Short-Term Investments	-	-	-	0.66	-	0.16
Cash & Short-Term Investments	6.08	7	3.48	3.62	1.92	3.98
Cash Growth	101.29%	101.00%	-3.95%	88.85%	-51.72%	-66.93%
Accounts Receivable	19.4	11.76	13.53	16.46	12.74	3.82
Other Receivables	1.24	0.09	0.23	0.25	0.19	0.07
Receivables	20.63	11.85	13.77	16.71	12.93	3.89
Inventory	33.37	41.8	48.71	45.42	34.66	10.29
Prepaid Expenses	1.85	1.69	0.86	1.66	1	0.64
Other Current Assets	2.59	2.21	4.67	2.36	6.13	1.08
Total Current Assets	64.52	64.54	71.48	69.77	56.63	19.86
Property, Plant & Equipment	77.42	80.65	63.73	62.54	61.53	62.29
Long-Term Investments	-	-	-	-	-	0.24
Goodwill	-	-	4.26	4.26	4.26	4.26
Other Intangible Assets	0.64	0.73	0.39	0.18	1.1	1.15
Long-Term Accounts Receivable	-	-	0.06	0.16	0.26	0.35
Long-Term Deferred Charges	-	0.26	0.13	0.18	-	-
Other Long-Term Assets	3.85	5.69	2.93	3.78	2.15	0.58
Total Assets	146.43	151.86	142.99	140.88	125.93	88.73
Accounts Payable	36.32	37.98	44.7	43.86	24.68	11.99
Accrued Expenses	0.13	0.22	0.19	0.37	0.04	-
Short-Term Debt	-	-	-	6.01	7.45	-
Current Portion of Long-Term Debt	9.07	8.77	8.62	2.68	13.97	1.7
Current Portion of Leases	2.46	1.88	1.48	0.87	0.73	0.49
Other Current Liabilities	0.06	0.22	1.7	0.09	0.24	0.12
Total Current Liabilities	48.05	49.06	56.69	53.88	47.12	14.3
Long-Term Debt	27.2	29.46	32.35	35.05	24.06	37.09
Long-Term Leases	7.04	8.22	6.07	3.79	3.69	3.9
Other Long-Term Liabilities	0.56	0.41	1.69	0.95	0.33	-
Total Liabilities	82.85	87.14	96.79	93.67	75.19	55.3
Common Stock	63.25	63.23	54.08	53.53	53.42	43.11
Additional Paid-In Capital	16.65	16.21	12.62	11.82	9.01	-
Retained Earnings	-16.31	-14.72	-24.18	-22.41	-17.95	-19.69
Comprehensive Income & Other	-	-	3.68	4.27	6.25	10.01
Shareholders' Equity	63.58	64.72	46.2	47.21	50.74	33.43
Total Liabilities & Equity	146.43	151.86	142.99	140.88	125.93	88.73
Total Debt	45.77	48.32	48.52	48.39	49.9	43.19
Net Cash (Debt)	-39.69	-41.33	-45.03	-44.77	-47.98	-39.22
Net Cash Per Share	-0.07	-0.10	-0.11	-0.11	-0.13	-0.11
Filing Date Shares Outstanding	576.9	576.74	409	405	404	349.3
Total Common Shares Outstanding	576.86	576.74	409.04	404.65	404.03	348.49
Working Capital	16.47	15.48	14.8	15.89	9.52	5.56
Book Value Per Share	0.11	0.11	0.11	0.12	0.13	0.10
Tangible Book Value	62.94	63.99	41.54	42.77	45.38	28.02
Tangible Book Value Per Share	0.11	0.11	0.10	0.11	0.11	0.08
Land	-	3.8	3.8	3.8	3.8	3.8
Buildings	-	49.98	49.97	49.93	49.49	49.32
Machinery	-	16.23	10.78	10.66	8.35	6.58
Construction In Progress	-	10.59	3.36	2.54	0.65	-
Leasehold Improvements	-	6.89	2.98	2.97	2.97	2.92

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