Decibel Cannabis Company Inc. (TSXV:DB)

Decibel Cannabis Company 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	5.35	7	3.48	2.97	1.92	3.82
Short-Term Investments	-	-	-	0.66	-	0.16
Cash & Short-Term Investments	5.35	7	3.48	3.62	1.92	3.98
Cash Growth	122.38%	101.00%	-3.95%	88.85%	-51.72%	-66.93%
Accounts Receivable	17.06	11.76	13.53	16.46	12.74	3.82
Other Receivables	0.61	0.09	0.23	0.25	0.19	0.07
Receivables	17.66	11.85	13.77	16.71	12.93	3.89
Inventory	38.85	41.8	48.71	45.42	34.66	10.29
Prepaid Expenses	1.37	1.69	0.86	1.66	1	0.64
Other Current Assets	3.41	2.21	4.67	2.36	6.13	1.08
Total Current Assets	66.64	64.54	71.48	69.77	56.63	19.86
Property, Plant & Equipment	78.17	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	0.75	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	3.86	5.69	2.93	3.78	2.15	0.58
Total Assets	149.43	151.86	142.99	140.88	125.93	88.73
Accounts Payable	38.17	37.98	44.7	43.86	24.68	11.99
Accrued Expenses	0.06	0.22	0.19	0.37	0.04	-
Short-Term Debt	-	-	-	6.01	7.45	-
Current Portion of Long-Term Debt	8.77	8.77	8.62	2.68	13.97	1.7
Current Portion of Leases	2.1	1.88	1.48	0.87	0.73	0.49
Other Current Liabilities	0.21	0.22	1.7	0.09	0.24	0.12
Total Current Liabilities	49.32	49.06	56.69	53.88	47.12	14.3
Long-Term Debt	27.96	29.46	32.35	35.05	24.06	37.09
Long-Term Leases	7.09	8.22	6.07	3.79	3.69	3.9
Other Long-Term Liabilities	0.29	0.41	1.69	0.95	0.33	-
Total Liabilities	84.65	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	16.5	16.21	12.62	11.82	9.01	-
Retained Earnings	-14.97	-14.72	-24.18	-22.41	-17.95	-19.69
Comprehensive Income & Other	-	-	3.68	4.27	6.25	10.01
Shareholders' Equity	64.78	64.72	46.2	47.21	50.74	33.43
Total Liabilities & Equity	149.43	151.86	142.99	140.88	125.93	88.73
Total Debt	45.92	48.32	48.52	48.39	49.9	43.19
Net Cash (Debt)	-40.58	-41.33	-45.03	-44.77	-47.98	-39.22
Net Cash Per Share	-0.08	-0.10	-0.11	-0.11	-0.13	-0.11
Filing Date Shares Outstanding	576.74	576.74	409	405	404	349.3
Total Common Shares Outstanding	576.74	576.74	409.04	404.65	404.03	348.49
Working Capital	17.33	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	64.03	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.