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	0.01	0.04	0.07	0.12	0.03
Filing Date Shares Outstanding	122.97	112.29	96.03	96.03	34
Total Common Shares Outstanding	122.97	96.03	96.03	96.03	34
Working Capital	1.1	3.17	5.74	10.24	0.51
Book Value Per Share	0.11	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	0.11	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.