Helium Evolution Incorporated (TSXV:HEVI)

Helium Evolution Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	6.89	3.83	6.33	9.13	0.17
Cash & Short-Term Investments	6.89	3.83	6.33	9.13	0.17
Cash Growth	79.86%	-39.51%	-30.65%	5238.01%	20502.41%
Accounts Receivable	0.14	0.06	0.08	0.26	0.05
Total Trade Receivables	0.14	0.06	0.08	0.26	0.05
Inventory	-	-	-	0.99	-
Other Current Assets	0.46	0.03	0.07	0.04	0.51
Total Current Assets	7.48	3.92	6.47	10.42	13.02
Net Property, Plant & Equipment	4.93	0.44	0.82	0.05	0.08
Other Long-Term Assets	8.37	6.24	4.34	2.55	0.56
Total Assets	20.78	10.6	11.64	13.02	13.67
Accounts Payable	1.22	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	1.25	0.75	0.73	0.18	12.51
Long-Term Leases	0.01	0	0.02	0.01	0.02
Other Long-Term Liabilities	0.48	0.15	0.12	0.03	-
Total Long-Term Liabilities	0.49	0.15	0.14	0.04	0.02
Total Liabilities	1.74	0.91	0.87	0.23	12.53
Common Stock	31.58	19.22	19.22	19.22	1.92
Additional Paid-in Capital	4.31	3.6	3.28	2.36	0.63
Retained Earnings	-16.85	-13.12	-11.73	-8.78	-1.41
Shareholders' Equity	19.04	9.7	10.77	12.8	1.14
Total Liabilities & Equity	20.78	10.6	11.64	13.02	13.67
Total Debt	0.04	0.02	0.04	0.03	0.03
Net Cash (Debt)	6.85	3.81	6.29	9.1	0.14
Net Cash Growth	79.96%	-39.45%	-30.90%	6493.48%	-
Net Cash Per Share	0.06	0.04	0.07	0.12	0.01
Book Value	19.04	9.7	10.77	12.8	1.14
Book Value Per Share	0.16	0.10	0.11	0.16	0.04
Tangible Book Value	19.04	9.7	10.77	12.8	1.14
Tangible Book Value Per Share	0.16	0.10	0.11	0.16	0.04

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.