Maritime Resources Corp. (TSXV:MAE)

Maritime Resources Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.54	4.7	1.06	2.5	4.34	6.42
Short-Term Investments	1.82	0.08	0.07	0.07	0.07	0.09
Cash & Short-Term Investments	3.36	4.78	1.13	2.57	4.41	6.5
Cash Growth	55.99%	323.98%	-56.17%	-41.64%	-32.23%	236.70%
Other Receivables	0.78	0.59	1.16	0.14	0.3	0.34
Receivables	0.78	0.59	1.16	0.14	0.3	0.34
Inventory	0.74	0.33	-	-	-	-
Prepaid Expenses	0.2	0.31	0.28	0.07	0.07	0.03
Restricted Cash	-	-	-	0.2	-	-
Other Current Assets	-	0.02	-	-	-	-
Total Current Assets	5.07	6.04	2.57	2.98	4.78	6.87
Property, Plant & Equipment	50.97	48.83	48.1	36.82	33.19	18.71
Long-Term Deferred Charges	-	-	-	-	-	0.28
Other Long-Term Assets	1.98	1.98	2.25	0.11	0.12	0.3
Total Assets	58.02	56.85	52.93	39.91	38.09	26.16
Accounts Payable	1.85	1	0.72	0.74	0.72	0.94
Accrued Expenses	0.48	0.33	0.17	0.1	0.1	0.07
Current Portion of Leases	0.21	0.13	0.12	0.08	0.09	0.02
Current Unearned Revenue	-	-	-	-	0.22	0.2
Total Current Liabilities	2.54	1.47	1	0.93	1.13	1.24
Long-Term Debt	6.8	6.56	5.27	-	-	-
Long-Term Leases	0.39	0.21	0.26	0.31	0.33	0.02
Long-Term Deferred Tax Liabilities	0.08	0.08	0.08	0.08	-	-
Other Long-Term Liabilities	5.99	6	7.34	0.72	0.72	-
Total Liabilities	15.79	14.3	13.95	2.03	2.18	1.26
Common Stock	62	61.11	51.98	49.16	45.13	33.4
Retained Earnings	-23.44	-22.16	-15.72	-13.51	-12.01	-10.69
Comprehensive Income & Other	3.68	3.61	2.72	2.23	2.79	2.18
Shareholders' Equity	42.24	42.55	38.97	37.88	35.91	24.89
Total Liabilities & Equity	58.02	56.85	52.93	39.91	38.09	26.16
Total Debt	7.4	6.89	5.64	0.39	0.42	0.04
Net Cash (Debt)	-4.03	-2.11	-4.52	2.18	3.99	6.46
Net Cash Growth	-	-	-	-45.30%	-38.24%	236.26%
Net Cash Per Share	-0.06	-0.03	-0.09	0.05	0.11	0.26
Filing Date Shares Outstanding	111.95	84.29	59.57	47.43	40.03	39.84
Total Common Shares Outstanding	84.29	83.1	54.57	47.43	39.95	31.2
Working Capital	2.54	4.57	1.57	2.05	3.65	5.63
Book Value Per Share	0.50	0.51	0.71	0.80	0.90	0.80
Tangible Book Value	42.24	42.55	38.97	37.88	35.91	24.89
Tangible Book Value Per Share	0.50	0.51	0.71	0.80	0.90	0.80
Machinery	11.65	9.98	10.92	1.48	1.54	0.03

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.