Midland Exploration Inc. (TSXV:MD)

Midland Exploration Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	1.87	1.59	2.45	1.9	1.49
Short-Term Investments	6.69	3.19	2.51	4.52	5.94
Cash & Short-Term Investments	8.56	4.78	4.96	6.41	7.43
Cash Growth	78.97%	-3.62%	-22.63%	-13.72%	-32.58%
Accounts Receivable	0.15	0.2	0.22	0.06	0.05
Other Receivables	0.38	0.21	0.39	0.28	1.46
Receivables	0.52	0.41	0.62	0.34	1.51
Prepaid Expenses	0.11	0.11	0.1	0.05	0.06
Total Current Assets	9.19	5.3	5.68	6.81	9
Property, Plant & Equipment	37.48	35.22	35.04	32.32	30.75
Long-Term Investments	0.11	0.71	0.94	0.04	0.17
Other Long-Term Assets	-	-	-	0.05	-
Total Assets	46.79	41.22	41.66	39.22	39.92
Accounts Payable	0.73	0.59	1.11	0.29	1.25
Current Portion of Leases	0.02	0.02	0.03	0.03	0.03
Current Unearned Revenue	1.27	1.09	0.72	0.55	0.21
Total Current Liabilities	2.02	1.7	1.87	0.87	1.49
Long-Term Leases	0.24	-	0.02	0.05	0.08
Total Liabilities	2.26	1.7	1.88	0.92	1.57
Common Stock	64.5	57.24	55.57	52.97	51.18
Additional Paid-In Capital	7.01	6.84	6.63	6.43	6.23
Retained Earnings	-26.98	-24.56	-22.42	-21.11	-19.07
Shareholders' Equity	44.53	39.52	39.78	38.29	38.34
Total Liabilities & Equity	46.79	41.22	41.66	39.22	39.92
Total Debt	0.26	0.02	0.05	0.08	0.11
Net Cash (Debt)	8.3	4.76	4.91	6.33	7.32
Net Cash Growth	74.17%	-2.96%	-22.43%	-13.54%	-32.76%
Net Cash Per Share	0.09	0.06	0.06	0.08	0.10
Filing Date Shares Outstanding	107.45	93.62	86.87	82.42	72.28
Total Common Shares Outstanding	107.45	86.87	82.78	75.67	72.28
Working Capital	7.17	3.6	3.81	5.94	7.51
Book Value Per Share	0.41	0.45	0.48	0.51	0.53
Tangible Book Value	44.53	39.52	39.78	38.29	38.34
Tangible Book Value Per Share	0.41	0.45	0.48	0.51	0.53

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