Progressive Planet Solutions Inc. (TSXV:PLAN)

TSXV:PLAN Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Cash & Equivalents	2.54	2.25	5.43	1.69	0.7	1.77
Cash & Short-Term Investments	2.54	2.25	5.43	1.69	0.7	1.77
Cash Growth	-46.36%	-58.59%	222.01%	139.27%	-60.21%	32.28%
Accounts Receivable	1.77	1.65	1.3	1.29	1.5	1.64
Other Receivables	0.04	0.11	0.06	0.05	0.18	0.56
Receivables	1.81	1.76	1.36	1.34	1.68	2.2
Inventory	3.06	2.41	2.59	2.52	3.05	3.26
Prepaid Expenses	0.42	0.39	0.6	0.22	0.2	0.33
Restricted Cash	-	-	-	-	-	0.27
Total Current Assets	7.83	6.81	9.98	5.77	5.63	7.83
Property, Plant & Equipment	21	20.64	17.34	19.64	20.03	19.24
Long-Term Investments	0.46	1.62	0.66	0.89	1.17	1.33
Long-Term Accounts Receivable	0.22	0.23	-	-	-	-
Total Assets	29.51	29.3	27.98	26.31	26.83	28.4

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Accounts Payable	2.41	2.81	2.03	1.55	1.94	1.67
Accrued Expenses	0.02	0.02	0.02	0.03	0.01	0.05
Short-Term Debt	-	-	-	-	-	1.42
Current Portion of Long-Term Debt	0.27	0.29	0.3	0.3	0.38	0.65
Current Portion of Leases	0.13	0.12	0.1	0.23	0.17	0.17
Current Unearned Revenue	0.41	0.83	1.87	0	0.14	0.31
Other Current Liabilities	0.03	0.09	0.07	0.18	0.5	0.77
Total Current Liabilities	3.28	4.17	4.4	2.29	3.14	5.03
Long-Term Debt	5.33	5.38	5.84	6.14	6.37	8.07
Long-Term Leases	1.66	1.69	1.59	2.4	2.3	2.38
Long-Term Deferred Tax Liabilities	1.88	1.99	1.52	2.2	2.01	2.15
Other Long-Term Liabilities	0.32	0.32	0.25	0.27	0.26	0.9
Total Liabilities	12.47	13.54	13.6	13.31	14.08	18.53

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Common Stock	30.26	30.05	29.91	30.2	30	26.18
Retained Earnings	-19.61	-20.72	-21.76	-23.43	-23.03	-21.87
Comprehensive Income & Other	6.38	6.42	6.22	6.22	5.78	5.56
Shareholders' Equity	17.03	15.76	14.38	13	12.75	9.87
Total Liabilities & Equity	29.51	29.3	27.98	26.31	26.83	28.4

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Total Debt	7.4	7.48	7.84	9.07	9.21	12.68
Net Cash (Debt)	-4.85	-5.24	-2.41	-7.39	-8.51	-10.91
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.04	-0.05	-0.02	-0.07	-0.09	-0.16
Filing Date Shares Outstanding	111.5	110.89	109.76	111.65	104.93	100.01
Total Common Shares Outstanding	110.9	110.3	109.76	112.5	109.93	88.45
Working Capital	4.55	2.64	5.58	3.48	2.49	2.8
Book Value Per Share	0.15	0.14	0.13	0.12	0.12	0.11
Tangible Book Value	17.03	15.76	14.38	13	12.75	9.87
Tangible Book Value Per Share	0.15	0.14	0.13	0.12	0.12	0.11
Land	8.75	8.75	8.68	10.21	10.17	10.26
Buildings	3.07	3.04	2.27	2.51	2.51	2.47
Machinery	9.96	9.68	6.11	5.75	5.68	4.45

Data Source: S&P Global Market Intelligence Last updated: Sep 24, 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:

Oct 5, 2026

Data Sources Report a data error