Flow Capital Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1.21	1.99	2.37	5.22	9.56	4.14
Short-Term Investments	-	-	-	19.9	14.01	0.06
Trading Asset Securities	1.05	1.03	1.08	-	-	-
Cash & Short-Term Investments	2.26	3.02	3.44	25.12	23.57	4.21
Cash Growth	-80.81%	-12.47%	-86.29%	6.59%	459.96%	-67.79%
Accounts Receivable	0.14	0.1	0.29	-	0.01	0
Other Receivables	-	-	-	-	0.03	-
Receivables	22.78	9.21	10.52	0.15	0.03	0
Prepaid Expenses	0.35	0.35	0.27	0.22	0.31	0.37
Other Current Assets	0.2	0.2	0.15	2.49	3.06	4.7
Total Current Assets	25.59	12.77	14.39	27.99	26.97	9.28
Property, Plant & Equipment	-	-	0	0	0.03	0.06
Long-Term Investments	7.49	6.59	5.16	26.4	22.78	33.65
Other Intangible Assets	-	0.75	0.86	1.13	0.97	1.03
Long-Term Deferred Tax Assets	8.11	8.32	8.54	8.08	7.94	-
Long-Term Deferred Charges	0.08	0.13	0.25	-	-	-
Other Long-Term Assets	-	-0	-	-	-	-
Total Assets	90.43	84.72	72.02	63.59	58.68	44.02
Accounts Payable	1.07	0.26	0.45	0.23	0.36	0.17
Accrued Expenses	-	0.57	1.18	0.97	0.26	0.27
Current Portion of Long-Term Debt	0.37	0.37	0.37	-	11.62	1.5
Current Portion of Leases	-	-	-	-	0.02	0.02
Current Income Taxes Payable	0.18	0.28	0.01	0.15	0.57	1.81
Other Current Liabilities	-0	0.36	0.29	1.52	0.39	0.52
Total Current Liabilities	1.63	1.83	2.3	2.87	13.22	4.29
Long-Term Debt	50.99	45.9	32.82	23.07	7.32	16.34
Long-Term Leases	-	-	-	-	-	0.02
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.01
Total Liabilities	52.62	47.73	35.13	25.94	20.54	20.67
Common Stock	50.98	51.01	52.07	52.57	52.16	52.14
Additional Paid-In Capital	1.2	1.17	0.96	0.62	0.8	0.71
Retained Earnings	-14.37	-15.19	-16.14	-15.28	-15.08	-29.61
Comprehensive Income & Other	-	-	-	-0.25	0.25	0.1
Shareholders' Equity	37.81	36.99	36.9	37.65	38.14	23.35
Total Liabilities & Equity	90.43	84.72	72.02	63.59	58.68	44.02
Total Debt	51.36	46.26	33.19	23.07	18.96	17.89
Net Cash (Debt)	-49.1	-43.25	-29.75	2.05	4.61	-13.68
Net Cash Growth	-	-	-	-55.49%	-	-
Net Cash Per Share	-1.61	-1.40	-0.96	0.06	0.14	-0.42
Filing Date Shares Outstanding	29.33	29.3	30.58	31.94	31.16	31.24
Total Common Shares Outstanding	29.33	29.34	30.7	31.62	31.29	31.24
Working Capital	23.97	10.94	12.09	25.12	13.75	4.98
Book Value Per Share	1.29	1.26	1.20	1.19	1.22	0.75
Tangible Book Value	37.81	36.24	36.04	36.52	37.17	22.32
Tangible Book Value Per Share	1.29	1.24	1.17	1.16	1.19	0.71
Machinery	-	-	-	0.19	0.19	0.19
Leasehold Improvements	-	-	-	0.22	0.22	0.22

Source: S&P Global Market Intelligence. Standard template. Financial Sources.