Mercanto Holdings Inc. (TSXV:MUSH)

Mercanto Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2026	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Cash & Equivalents	0.54	0.39	0.2	0.38	0.68	1.62
Short-Term Investments	-	-	-	-	0.07	0.07
Cash & Short-Term Investments	0.54	0.39	0.2	0.38	0.75	1.69
Cash Growth	107.61%	95.17%	-46.52%	-49.65%	-55.51%	234.83%
Accounts Receivable	0.27	0.18	0.68	0.53	0.24	0.09
Receivables	0.27	0.18	0.68	0.53	0.24	0.09
Inventory	0.79	0.43	0.53	0.45	0.39	0.19
Prepaid Expenses	0	-	0.04	0.04	0.07	0.08
Total Current Assets	1.61	1	1.45	1.39	1.45	2.04
Property, Plant & Equipment	0.08	0.02	0.04	0.06	0.2	0.26
Total Assets	1.69	1.02	1.48	1.44	1.64	2.3

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2026	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Accounts Payable	1.13	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	1.14	0.78	0.9	0.97	0.71	0.27
Long-Term Debt	-	-	-	-	0.04	0.04
Long-Term Leases	0.05	-	-	0.02	0.12	0.17
Long-Term Unearned Revenue	-	-	-	-	0.02	0.02
Total Liabilities	1.19	0.78	0.9	0.99	0.88	0.5

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2026	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Common Stock	11.32	11.32	11.11	11.08	10.65	10.55
Additional Paid-In Capital	2.2	2.09	2.23	2.18	2.46	1.97
Retained Earnings	-13.02	-13.17	-12.76	-12.8	-12.34	-10.71
Shareholders' Equity	0.5	0.24	0.58	0.46	0.76	1.8
Total Liabilities & Equity	1.69	1.02	1.48	1.44	1.64	2.3

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2026	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Total Debt	0.07	-	0.02	0.07	0.21	0.31
Net Cash (Debt)	0.48	0.39	0.18	0.3	0.54	1.38
Net Cash Growth	84.99%	113.68%	-39.27%	-44.03%	-60.62%	-
Net Cash Per Share	0.01	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	0.47	0.23	0.55	0.42	0.74	1.77
Book Value Per Share	0.01	0.00	0.01	0.01	0.02	0.04
Tangible Book Value	0.5	0.24	0.58	0.46	0.76	1.8
Tangible Book Value Per Share	0.01	0.00	0.01	0.01	0.02	0.04
Machinery	0.05	0.05	0.05	0.05	0.05	0.05

Data Source: S&P Global Market Intelligence Last updated: Apr 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error