Mercanto Holdings Balance Sheet

Financials in millions CAD. Fiscal year is August - July.

Millions CAD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Cash & Equivalents	0.31	0.39	0.2	0.38	0.68	1.62
Short-Term Investments	-	-	-	-	0.07	0.07
Cash & Short-Term Investments	0.31	0.39	0.2	0.38	0.75	1.69
Cash Growth	84.30%	95.17%	-46.52%	-49.65%	-55.51%	234.83%
Accounts Receivable	0.26	0.18	0.68	0.53	0.24	0.09
Receivables	0.26	0.18	0.68	0.53	0.24	0.09
Inventory	0.38	0.43	0.53	0.45	0.39	0.19
Prepaid Expenses	0	-	0.04	0.04	0.07	0.08
Total Current Assets	0.96	1	1.45	1.39	1.45	2.04
Property, Plant & Equipment	0.09	0.02	0.04	0.06	0.2	0.26
Total Assets	1.04	1.02	1.48	1.44	1.64	2.3
Accounts Payable	0.87	0.78	0.88	0.89	0.65	0.12
Short-Term Debt	-	-	-	-	-	0.05
Current Portion of Long-Term Debt	-	-	-	0.04	-	-
Current Portion of Leases	0.01	-	0.02	0.01	0.05	0.05
Current Unearned Revenue	-	-	-	0.02	-	-
Other Current Liabilities	-	-	-	-	-	0.05
Total Current Liabilities	0.88	0.78	0.9	0.97	0.71	0.27
Long-Term Debt	-	-	-	-	0.04	0.04
Long-Term Leases	0.06	-	-	0.02	0.12	0.17
Long-Term Unearned Revenue	-	-	-	-	0.02	0.02
Total Liabilities	0.94	0.78	0.9	0.99	0.88	0.5
Common Stock	11.32	11.32	11.11	11.08	10.65	10.55
Additional Paid-In Capital	2.1	2.09	2.23	2.18	2.46	1.97
Retained Earnings	-13.31	-13.17	-12.76	-12.8	-12.34	-10.71
Shareholders' Equity	0.1	0.24	0.58	0.46	0.76	1.8
Total Liabilities & Equity	1.04	1.02	1.48	1.44	1.64	2.3
Total Debt	0.07	-	0.02	0.07	0.21	0.31
Net Cash (Debt)	0.24	0.39	0.18	0.3	0.54	1.38
Net Cash Growth	52.17%	113.68%	-39.27%	-44.03%	-60.62%	-
Net Cash Per Share	0.00	0.01	0.00	0.01	0.01	0.04
Filing Date Shares Outstanding	51.67	51.67	50.77	50.47	48.77	48.62
Total Common Shares Outstanding	51.67	51.67	50.77	50.47	48.77	48.37
Working Capital	0.08	0.23	0.55	0.42	0.74	1.77
Book Value Per Share	0.00	0.00	0.01	0.01	0.02	0.04
Tangible Book Value	0.1	0.24	0.58	0.46	0.76	1.8
Tangible Book Value Per Share	0.00	0.00	0.01	0.01	0.02	0.04
Machinery	0.05	0.05	0.05	0.05	0.05	0.05

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.