Progressive Planet Solutions Inc. (TSXV:PLAN)

TSXV:PLAN Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Cash & Equivalents	2.15	5.43	1.69	0.7	1.77	1.34
Cash & Short-Term Investments	2.15	5.43	1.69	0.7	1.77	1.34
Cash Growth	-55.43%	222.01%	139.27%	-60.21%	32.28%	459.49%
Accounts Receivable	1.2	1.3	1.29	1.5	1.64	0.04
Other Receivables	0.07	0.06	0.05	0.18	0.56	0.03
Receivables	1.28	1.36	1.34	1.68	2.2	0.07
Inventory	2.54	2.59	2.52	3.05	3.26	-
Prepaid Expenses	0.31	0.6	0.22	0.2	0.33	0.03
Restricted Cash	-	-	-	-	0.27	-
Total Current Assets	6.28	9.98	5.77	5.63	7.83	1.44
Property, Plant & Equipment	19.41	17.34	19.64	20.03	19.24	2.51
Long-Term Investments	1.66	0.66	0.89	1.17	1.33	0.3
Total Assets	27.6	27.98	26.31	26.83	28.4	4.26

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Accounts Payable	2.26	1.79	1.55	1.94	1.67	0.22
Accrued Expenses	0.02	0.02	0.03	0.01	0.05	0.01
Short-Term Debt	-	-	-	-	1.42	-
Current Portion of Long-Term Debt	0.25	0.3	0.3	0.38	0.65	0.03
Current Portion of Leases	0.1	0.1	0.23	0.17	0.17	0.04
Current Income Taxes Payable	-	0.24	-	-	-	-
Current Unearned Revenue	0.16	1.87	0	0.14	0.31	0.02
Other Current Liabilities	0.09	0.07	0.18	0.5	0.77	-
Total Current Liabilities	2.88	4.4	2.29	3.14	5.03	0.33
Long-Term Debt	5.47	5.84	6.14	6.37	8.07	0.22
Long-Term Leases	1.6	1.59	2.4	2.3	2.38	0.13
Long-Term Deferred Tax Liabilities	1.51	1.52	2.2	2.01	2.15	-
Other Long-Term Liabilities	0.25	0.25	0.27	0.26	0.9	-
Total Liabilities	11.7	13.6	13.31	14.08	18.53	0.68

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Common Stock	30.02	29.91	30.2	30	26.18	18.29
Retained Earnings	-20.55	-21.76	-23.43	-23.03	-21.87	-18.58
Comprehensive Income & Other	6.43	6.22	6.22	5.78	5.56	3.87
Shareholders' Equity	15.9	14.38	13	12.75	9.87	3.58
Total Liabilities & Equity	27.6	27.98	26.31	26.83	28.4	4.26

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Total Debt	7.41	7.84	9.07	9.21	12.68	0.43
Net Cash (Debt)	-5.26	-2.41	-7.39	-8.51	-10.91	0.91
Net Cash Growth	-	-	-	-	-	1731.01%
Net Cash Per Share	-0.05	-0.02	-0.07	-0.09	-0.16	0.02
Filing Date Shares Outstanding	110.15	109.76	111.65	104.93	100.01	63.11
Total Common Shares Outstanding	110.15	109.76	112.5	109.93	88.45	59.77
Working Capital	3.4	5.58	3.48	2.49	2.8	1.11
Book Value Per Share	0.14	0.13	0.12	0.12	0.11	0.06
Tangible Book Value	15.9	14.38	13	12.75	9.87	3.58
Tangible Book Value Per Share	0.14	0.13	0.12	0.12	0.11	0.06
Land	8.75	8.68	10.21	10.17	10.26	-
Buildings	2.81	2.27	2.51	2.51	2.47	0.01
Machinery	9.01	6.11	5.75	5.68	4.45	1.05

Data Source: S&P Global Market Intelligence Last updated: Jan 31, 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 21, 2026

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