Helium Evolution Incorporated (TSXV:HEVI)

Helium Evolution Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.32	3.83	6.33	9.13	0.17
Short-Term Investments	0.11	0.03	0.07	0.04	0.51
Cash & Short-Term Investments	1.43	3.86	6.4	9.16	0.68
Cash Growth	-70.58%	-39.60%	-30.20%	1251.62%	-
Other Receivables	0.08	0.06	0.08	0.26	0.05
Receivables	0.08	0.06	0.08	0.26	0.05
Inventory	-	-	-	0.99	-
Restricted Cash	-	-	-	-	12.3
Total Current Assets	1.51	3.92	6.47	10.42	13.02
Property, Plant & Equipment	12.48	6.26	4.38	2.6	0.64
Other Long-Term Assets	0.1	0.42	0.78	-	-
Total Assets	14.09	10.6	11.64	13.02	13.67
Accounts Payable	0.38	0.73	0.71	0.16	0.2
Current Portion of Leases	0.02	0.02	0.02	0.02	0.02
Other Current Liabilities	-	-	-	-	12.3
Total Current Liabilities	0.4	0.75	0.73	0.18	12.51
Long-Term Leases	0.02	0	0.02	0.01	0.02
Other Long-Term Liabilities	0.24	0.15	0.12	0.03	-
Total Liabilities	0.67	0.91	0.87	0.23	12.53
Common Stock	23.18	19.22	19.22	19.22	1.92
Additional Paid-In Capital	3.62	3.6	2.41	0.93	0.08
Retained Earnings	-13.99	-13.12	-11.73	-8.78	-1.41
Comprehensive Income & Other	0.62	-	0.87	1.43	0.55
Shareholders' Equity	13.43	9.7	10.77	12.8	1.14
Total Liabilities & Equity	14.09	10.6	11.64	13.02	13.67
Total Debt	0.05	0.02	0.04	0.03	0.03
Net Cash (Debt)	1.38	3.84	6.35	9.14	0.65
Net Cash Growth	-71.37%	-39.54%	-30.45%	1316.28%	-
Net Cash Per Share	-	0.04	0.07	0.12	0.03
Filing Date Shares Outstanding	-	112.29	96.03	96.03	34
Total Common Shares Outstanding	-	96.03	96.03	96.03	34
Working Capital	1.1	3.17	5.74	10.24	0.51
Book Value Per Share	-	0.10	0.11	0.13	0.03
Tangible Book Value	13.43	9.7	10.77	12.8	1.14
Tangible Book Value Per Share	-	0.10	0.11	0.13	0.03
Machinery	-	-	-	-	0.06

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.