Montfort Capital Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Nov '20 Nov 30, 2020
Cash & Equivalents	0.96	2.03	6.85	7.01	9.31	12.87
Cash & Short-Term Investments	0.96	2.03	6.85	7.01	9.31	12.87
Cash Growth	-91.73%	-70.37%	-2.31%	-24.76%	-27.64%	173.28%
Accounts Receivable	1.54	1.91	8.29	5.85	0.57	0.41
Other Receivables	-	-	0.31	0.24	0.11	-
Receivables	248.76	191.45	329.19	377.91	71.17	1.31
Prepaid Expenses	-	-	-	-	-	0.15
Restricted Cash	0.35	0.23	1.43	-	0.44	-
Other Current Assets	-	202.07	-	0.82	0.15	-
Total Current Assets	250.07	395.78	337.47	385.74	81.08	14.33
Property, Plant & Equipment	1.01	1.17	1.54	0.13	0.2	0.03
Long-Term Investments	-	-	4.5	3.67	1.33	0.97
Goodwill	11.84	11.84	44.79	44.79	3.53	-
Other Intangible Assets	3.45	3.98	8.1	9.93	3.01	-
Long-Term Accounts Receivable	-	-	2.43	2.09	-	-
Long-Term Deferred Tax Assets	-	-	0.43	0.25	-	-
Other Long-Term Assets	0.77	0.31	3.25	-	0.29	0.25
Total Assets	267.14	413.08	402.51	455.47	125.08	41.92
Accounts Payable	3.81	3.53	7.3	4.71	5.68	0.59
Accrued Expenses	0	0.02	0.09	0.14	0	0.02
Short-Term Debt	211.03	169.09	243.1	238.36	72.3	2.51
Current Portion of Long-Term Debt	40.9	39.62	96.91	48.61	0.02	0.05
Current Portion of Leases	0.45	0.41	0.45	0.15	0.22	0.03
Current Income Taxes Payable	0.02	0.02	-	-	-	-
Other Current Liabilities	0.41	185.81	1.71	19.85	1.03	0.03
Total Current Liabilities	256.62	398.5	349.56	311.82	79.24	3.24
Long-Term Debt	-	0.8	11.36	86.61	1.21	4.08
Long-Term Leases	0.72	0.88	1.17	-	-	-
Long-Term Deferred Tax Liabilities	0.91	1.05	2.19	2.68	0.84	-
Other Long-Term Liabilities	-	-	-	1.5	30.67	27.04
Total Liabilities	258.24	401.23	364.28	402.6	111.95	34.36
Common Stock	19.08	23.39	22.31	21.96	7.78	5.81
Additional Paid-In Capital	0.08	0.08	0.08	0.04	0.07	0.08
Retained Earnings	-45.14	-54.52	-29.34	-13.69	-5.84	-4.34
Comprehensive Income & Other	2.98	3.09	2.91	2.1	1.56	1.43
Total Common Equity	-22.99	-27.96	-4.04	10.42	3.57	2.98
Minority Interest	-	-	2.46	2.6	-	-
Shareholders' Equity	8.9	11.85	38.23	52.86	13.13	7.56
Total Liabilities & Equity	267.14	413.08	402.51	455.47	125.08	41.92
Total Debt	253.09	210.8	352.99	373.73	73.74	6.67
Net Cash (Debt)	-252.12	-208.77	-346.15	-366.72	-64.43	6.2
Net Cash Per Share	-2.68	-2.16	-3.76	-5.12	-1.34	0.15
Filing Date Shares Outstanding	86.73	88.32	93.72	91.7	59.6	45.78
Total Common Shares Outstanding	88.4	99.82	92.57	91.63	53.04	45.78
Working Capital	-6.55	-2.72	-12.09	73.92	1.84	11.08
Book Value Per Share	-0.26	-0.28	-0.04	0.11	0.07	0.06
Tangible Book Value	-38.28	-43.78	-56.93	-44.3	-2.97	2.98
Tangible Book Value Per Share	-0.43	-0.44	-0.61	-0.48	-0.06	0.06

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.