Martello Technologies Group Inc. (TSXV:MTLO)

TSXV:MTLO Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	2.76	6.58	7.61	2.12	4.85
Short-Term Investments	0.11	0.11	0.1	0.1	0.17
Cash & Short-Term Investments	2.87	6.69	7.72	2.22	5.02
Cash Growth	-57.12%	-13.38%	247.83%	-55.82%	-41.04%
Accounts Receivable	2.55	4.84	3.41	4.4	4.23
Other Receivables	0.27	0.3	0.27	1.45	0.98
Total Trade Receivables	2.82	5.14	3.68	5.85	5.21
Inventory	0.04	0.04	0.04	0.04	0.05
Other Current Assets	1.36	0.54	0.71	1.32	0.89
Total Current Assets	7.08	12.41	12.14	9.44	11.17
Net Property, Plant & Equipment	0.18	0.31	0.63	0.86	1.3
Other Intangible Assets	-	6.52	7.78	9.55	10.85
Goodwill	-	-	-	-	18.31
Long-Term Investments	-	-	-	0.3	0.3
Total Assets	7.26	19.23	20.56	20.15	41.94

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	2.17	2.72	2.99	2.99	3.11
Current Portion of Long-Term Debt	0.3	0.18	-	8.76	0.27
Current Portion of Leases	0.09	0.12	0.2	0.18	0.3
Unearned Revenue	3.53	4.62	4.92	5.76	5.22
Other Current Liabilities	-	0.05	0.01	-	0.01
Total Current Liabilities	6.09	7.69	8.11	17.68	8.9
Long-Term Debt	15.07	11.92	9.64	1.09	9.9
Long-Term Leases	0.28	0.18	0.42	0.61	0.92
Other Long-Term Liabilities	1.69	2.55	1.65	2.04	2.54
Total Long-Term Liabilities	17.05	14.64	11.71	3.74	13.36
Total Liabilities	23.14	22.33	19.82	21.42	22.26

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	61.6	61.6	59.62	52.12	48.82
Additional Paid-in Capital	6.41	6.37	6.31	6.13	5.91
Accumulated Other Comprehensive Income	-0.47	-0.67	-0.49	-0.55	-1.29
Retained Earnings	-83.42	-70.4	-64.7	-58.96	-33.77
Shareholders' Equity	-15.88	-3.1	0.74	-1.27	19.68
Total Liabilities & Equity	7.26	19.23	20.56	20.15	41.94

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	15.74	12.4	10.26	10.64	11.39
Net Cash (Debt)	-12.87	-5.71	-2.54	-8.42	-6.36
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-0.02	-0.01	-0.01	-0.03	-0.02
Book Value	-15.88	-3.1	0.74	-1.27	19.68
Book Value Per Share	-0.03	-0.01	0.00	-0.00	0.06
Tangible Book Value	-15.88	-9.62	-7.04	-10.82	-9.49
Tangible Book Value Per Share	-0.03	-0.02	-0.01	-0.03	-0.03

Data Source: Fiscal.ai Last updated: Jun 12, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 10, 2026

Data Sources Report a data error