Fortune Bay Corp. (TSXV:FOR)

Fortune Bay Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4.67	7.9	0.46	0.59	0.53	6.51
Short-Term Investments	0.15	0.13	0.09	-	-	-
Cash & Short-Term Investments	4.82	8.03	0.55	0.59	0.53	6.51
Cash Growth	155.75%	1359.32%	-6.01%	10.03%	-91.83%	114.20%
Accounts Receivable	0.08	0.12	0.03	-	-	-
Other Receivables	0.12	0.1	0.02	0.09	0.09	0.08
Receivables	0.2	0.22	0.04	0.09	0.09	0.08
Prepaid Expenses	0.13	0.07	0.05	0.05	0.09	0.07
Restricted Cash	1.85	0.01	0.08	-	-	-
Total Current Assets	7	8.32	0.72	0.73	0.71	6.66
Property, Plant & Equipment	27.86	25.05	23.41	23.33	22.98	18.11
Long-Term Investments	0.64	0.25	-	-	-	-
Other Long-Term Assets	0.04	0.04	0.04	0.04	0.04	0.04
Total Assets	35.54	33.67	24.17	24.1	23.73	24.8

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2.12	0.61	0.29	0.13	0.18	0.17
Accrued Expenses	0.09	0.1	0.46	0.25	0.02	0.04
Short-Term Debt	-	-	0.54	0.5	-	-
Current Unearned Revenue	-	0.45	-	-	-	0.45
Total Current Liabilities	2.21	1.16	1.29	0.88	0.2	0.65
Long-Term Deferred Tax Liabilities	1.74	0.96	0.92	0.69	0.65	0.4
Total Liabilities	3.95	2.12	2.21	1.57	0.85	1.05

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	26.07	25.04	15.37	14.88	14.42	14.42
Additional Paid-In Capital	4.59	4.18	3.71	3.38	1.57	0.78
Retained Earnings	0.22	1.42	2.59	4.08	5.46	6.84
Comprehensive Income & Other	0.71	0.91	0.3	0.19	1.44	1.72
Shareholders' Equity	31.59	31.55	21.96	22.53	22.88	23.75
Total Liabilities & Equity	35.54	33.67	24.17	24.1	23.73	24.8

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	-	-	0.54	0.5	-	-
Net Cash (Debt)	4.82	8.03	0.01	0.09	0.53	6.51
Net Cash Growth	155.75%	132366.68%	-92.95%	-83.84%	-91.83%	128.52%
Net Cash Per Share	0.07	0.14	0.00	0.00	0.01	0.19
Filing Date Shares Outstanding	71.29	68.08	58.06	45.96	42.91	42.91
Total Common Shares Outstanding	69.93	68.08	48.68	45.96	42.91	42.91
Working Capital	4.8	7.16	-0.57	-0.15	0.52	6
Book Value Per Share	0.45	0.46	0.45	0.49	0.53	0.55
Tangible Book Value	31.59	31.55	21.96	22.53	22.88	23.75
Tangible Book Value Per Share	0.45	0.46	0.45	0.49	0.53	0.55
Land	0.12	0.12	0.12	0.12	0.12	0.02
Machinery	0.33	0.27	0.27	0.27	0.29	0.25

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 13, 2026

Data Sources Report a data error