Focus Graphite Inc. (TSXV:FMS)

Heartland Financial USA 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	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	0.37	0	0.14	1.47	4.94	0.88
Cash & Short-Term Investments	0.37	0	0.14	1.47	4.94	0.88
Cash Growth	93.38%	-98.77%	-90.66%	-70.14%	462.20%	805300.00%
Other Receivables	0.02	0.06	0.9	1.81	0.78	1.33
Receivables	0.02	0.06	0.9	1.81	0.78	1.33
Prepaid Expenses	0.08	0.04	0.11	0.01	0.04	0.03
Total Current Assets	0.47	0.1	1.15	3.29	5.76	2.24
Property, Plant & Equipment	-	-	-	35.35	27.96	24.75
Other Long-Term Assets	-	-	0.09	1.2	1.86	1.73
Total Assets	0.47	0.1	1.24	39.85	35.58	28.72
Accounts Payable	2.21	2.19	2.19	1.84	1.23	0.75
Accrued Expenses	-	-	-	-	0.1	1.14
Short-Term Debt	1.44	2.3	2.3	2.3	2.42	3.22
Other Current Liabilities	0.96	0.99	1.13	1.89	2.05	1.32
Total Current Liabilities	4.6	5.49	5.61	6.03	5.79	6.43
Long-Term Debt	-	-	0.06	0.06	0.05	0.02
Long-Term Unearned Revenue	0.09	0.09	0.05	0.05	0.01	0.01
Total Liabilities	4.69	5.58	5.73	6.14	5.85	6.47
Common Stock	77.77	76	75.37	74.2	69.58	60.53
Additional Paid-In Capital	20.23	19.86	19.53	18.58	14.24	11.89
Retained Earnings	-	-101.66	-99.68	-59.67	-54.87	-51.82
Comprehensive Income & Other	-102.22	0.32	0.29	0.6	0.77	1.66
Shareholders' Equity	-4.22	-5.48	-4.49	33.7	29.73	22.25
Total Liabilities & Equity	0.47	0.1	1.24	39.85	35.58	28.72
Total Debt	1.44	2.3	2.36	2.36	2.46	3.24
Net Cash (Debt)	-1.07	-2.3	-2.22	-0.89	2.47	-2.36
Net Cash Per Share	-0.02	-0.04	-0.04	-0.02	0.06	-0.06
Filing Date Shares Outstanding	86.25	62.46	57.92	57.23	54.81	39.82
Total Common Shares Outstanding	85.18	62.46	57.92	55.75	48.7	37.39
Working Capital	-4.13	-5.39	-4.46	-2.73	-0.03	-4.19
Book Value Per Share	-0.05	-0.09	-0.08	0.60	0.61	0.60
Tangible Book Value	-4.22	-5.48	-4.49	33.7	29.73	22.25
Tangible Book Value Per Share	-0.05	-0.09	-0.08	0.60	0.61	0.60

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.