NEXE Innovations Inc. (TSXV:NEXE)

NEXE Innovations Balance Sheet

Financials in millions CAD. Fiscal year is June - May.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Cash & Equivalents	6.09	9.28	8.05	15.61	15.51	50.53
Short-Term Investments	3.73	3.03	3.04	0.04	12.96	1.88
Cash & Short-Term Investments	9.82	12.31	11.09	15.65	28.46	52.4
Cash Growth	-26.07%	11.04%	-29.14%	-45.02%	-45.69%	1482.53%
Accounts Receivable	0.14	0.08	0.01	0	0.02	-
Other Receivables	0.36	0.28	0.32	2.36	1.32	0.6
Receivables	0.5	0.36	0.32	2.36	1.34	0.6
Inventory	0.82	0.66	0.59	0.79	0.93	0.32
Prepaid Expenses	0.37	0.1	1.6	5.56	3.97	-
Other Current Assets	-	-	1.85	1.85	0.04	0.04
Total Current Assets	11.51	13.43	15.46	26.22	34.74	53.37
Property, Plant & Equipment	18.17	19.36	20.95	17.06	12.1	4.09
Other Intangible Assets	0.08	0.08	0.08	0.08	0.08	0.08
Other Long-Term Assets	1.47	1.47	-	-	2.25	0.13
Total Assets	31.23	34.34	36.49	43.36	49.17	57.68

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Accounts Payable	2.56	2.21	2.14	2.86	1.57	1.52
Accrued Expenses	-	-	-	0.01	0.03	0.02
Short-Term Debt	-	-	-	-	-	0.8
Current Portion of Long-Term Debt	0.42	0.4	0.39	0.32	0.26	0.5
Current Portion of Leases	-	-	-	-	0.14	0.03
Current Income Taxes Payable	0.45	0.45	-	-	-	-
Current Unearned Revenue	0.06	0.01	0.08	0.01	1	1
Total Current Liabilities	3.49	3.07	2.62	3.2	3.01	3.87
Long-Term Debt	-	-	0.27	0.67	0.99	0.96
Long-Term Leases	-	-	-	-	0.38	0.51
Total Liabilities	3.49	3.07	2.89	3.87	4.38	5.34

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Common Stock	66.19	66.19	66.19	66.19	66.88	66.68
Additional Paid-In Capital	8.71	8.71	8.71	8.71	7.89	7.91
Retained Earnings	-50.96	-46.92	-44.08	-37.55	-31.41	-23.07
Comprehensive Income & Other	3.8	3.3	2.77	2.14	1.43	0.82
Shareholders' Equity	27.74	31.27	33.6	39.49	44.79	52.34
Total Liabilities & Equity	31.23	34.34	36.49	43.36	49.17	57.68

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Total Debt	0.42	0.4	0.67	0.99	1.77	2.8
Net Cash (Debt)	9.4	11.92	10.42	14.66	26.69	49.6
Net Cash Growth	-27.13%	14.32%	-28.92%	-45.06%	-46.19%	2582.73%
Net Cash Per Share	0.10	0.12	0.11	0.15	0.28	1.07
Filing Date Shares Outstanding	97.29	97.29	97.29	97.29	96.86	96.74
Total Common Shares Outstanding	97.29	97.29	97.29	97.29	96.86	96.63
Working Capital	8.03	10.37	12.84	23.01	31.73	49.5
Book Value Per Share	0.29	0.32	0.35	0.41	0.46	0.54
Tangible Book Value	27.66	31.19	33.52	39.41	44.71	52.26
Tangible Book Value Per Share	0.28	0.32	0.34	0.41	0.46	0.54
Land	1.24	1.24	1.24	1.24	1.58	0.34
Buildings	4.23	4.21	4.12	3.72	1.26	0.15
Machinery	21.89	21.74	21.64	15.19	6.56	3.39

Data Source: S&P Global Market Intelligence Last updated: Feb 28, 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 30, 2026

Data Sources Report a data error