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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5.32	7.9	0.46	0.59	0.53	6.51
Short-Term Investments	0.17	0.13	0.09	-	-	-
Cash & Short-Term Investments	5.49	8.03	0.55	0.59	0.53	6.51
Cash Growth	2606.94%	1359.32%	-6.01%	10.03%	-91.83%	114.20%
Accounts Receivable	0.1	0.12	0.03	-	-	-
Other Receivables	0.14	0.1	0.02	0.09	0.09	0.08
Receivables	0.24	0.22	0.04	0.09	0.09	0.08
Prepaid Expenses	0.16	0.07	0.05	0.05	0.09	0.07
Restricted Cash	0.5	0.01	0.08	-	-	-
Total Current Assets	6.4	8.32	0.72	0.73	0.71	6.66
Property, Plant & Equipment	27.04	25.05	23.41	23.33	22.98	18.11
Long-Term Investments	0.26	0.25	-	-	-	-
Other Long-Term Assets	0.04	0.04	0.04	0.04	0.04	0.04
Total Assets	33.74	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.22	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	1.31	1.16	1.29	0.88	0.2	0.65
Long-Term Deferred Tax Liabilities	1.66	0.96	0.92	0.69	0.65	0.4
Total Liabilities	2.97	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	25.04	25.04	15.37	14.88	14.42	14.42
Additional Paid-In Capital	4.43	4.18	3.71	3.38	1.57	0.78
Retained Earnings	0.4	1.42	2.59	4.08	5.46	6.84
Comprehensive Income & Other	0.91	0.91	0.3	0.19	1.44	1.72
Shareholders' Equity	30.77	31.55	21.96	22.53	22.88	23.75
Total Liabilities & Equity	33.74	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	Mar 31, 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)	5.49	8.03	0.01	0.09	0.53	6.51
Net Cash Growth	-	132366.68%	-92.95%	-83.84%	-91.83%	128.52%
Net Cash Per Share	0.09	0.14	0.00	0.00	0.01	0.19
Filing Date Shares Outstanding	69.9	68.08	58.06	45.96	42.91	42.91
Total Common Shares Outstanding	68.08	68.08	48.68	45.96	42.91	42.91
Working Capital	5.09	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	30.77	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	0.31	0.27	0.27	0.27	0.29	0.25

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Aug 24, 2026

Data Sources Report a data error