Kovo+ Holdings Inc. (TSXV:KOVO)

Kovo+ Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.45	0.31	0.1	0.69	0.71	0.15
Cash & Short-Term Investments	0.45	0.31	0.1	0.69	0.71	0.15
Cash Growth	145.86%	199.02%	-85.26%	-2.67%	364.71%	109.59%
Accounts Receivable	0.47	0.12	0.25	0.28	0.16	0.07
Other Receivables	0.21	0.2	0.1	0.22	0.33	0.21
Receivables	0.71	0.54	0.57	0.5	0.49	0.3
Total Current Assets	1.16	0.84	0.67	1.19	1.2	0.45
Property, Plant & Equipment	0.13	0.11	0.28	0.28	0.6	0.13
Goodwill	7.58	4.73	3.97	2.37	2.37	0.98
Other Intangible Assets	5.7	5.69	4.34	2.86	2.97	1.62
Long-Term Accounts Receivable	-	-	-	0.04	-	-
Total Assets	14.72	11.37	9.26	6.93	7.33	3.18
Accounts Payable	1.98	1.76	3.02	0.84	0.99	0.54
Accrued Expenses	0.23	0.18	0.15	-	-	0.03
Short-Term Debt	12.47	9.95	3.15	0.06	0.09	0.11
Current Portion of Long-Term Debt	2.6	1.03	0.38	0.94	1.17	0.63
Current Portion of Leases	0.07	0.06	0.15	0.13	0.25	0.04
Current Income Taxes Payable	-	-	-	0.04	0.09	0.19
Current Unearned Revenue	-	-	-	0	0	0.03
Other Current Liabilities	-	-	-	-	0.86	0.11
Total Current Liabilities	17.35	12.97	6.85	2	3.47	1.68
Long-Term Debt	4.91	2.35	2.23	3.89	3.01	1.59
Long-Term Leases	-	0.05	0.11	0.12	0.37	0.1
Long-Term Deferred Tax Liabilities	-	-	0.37	-	0.66	-
Other Long-Term Liabilities	-	-	-	-	-	0.43
Total Liabilities	22.25	15.36	9.56	6.01	7.5	3.8
Common Stock	12.05	10.93	8.79	5.8	4.84	2.49
Additional Paid-In Capital	2.15	1.89	1.86	1.38	1	0.21
Retained Earnings	-21.73	-16.81	-10.94	-6.26	-6.01	-3.31
Shareholders' Equity	-7.53	-3.99	-0.3	0.92	-0.17	-0.61
Total Liabilities & Equity	14.72	11.37	9.26	6.93	7.33	3.18
Total Debt	20.04	13.43	6.01	5.13	4.89	2.47
Net Cash (Debt)	-19.59	-13.12	-5.91	-4.44	-4.18	-2.32
Net Cash Per Share	-0.12	-0.15	-0.11	-0.11	-0.13	-0.09
Filing Date Shares Outstanding	176.89	176.89	57.54	39.94	36.15	29.55
Total Common Shares Outstanding	176.89	133.13	57.54	39.94	36.15	29.55
Working Capital	-16.19	-12.13	-6.18	-0.82	-2.27	-1.23
Book Value Per Share	-0.04	-0.03	-0.01	0.02	-0.00	-0.02
Tangible Book Value	-20.81	-14.42	-8.6	-4.3	-5.51	-3.22
Tangible Book Value Per Share	-0.12	-0.11	-0.15	-0.11	-0.15	-0.11

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