TSXV:RECO Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	30.33	3.29	11.41	38.81	47.02	61.15
Cash & Short-Term Investments	30.33	3.29	11.41	38.81	47.02	61.15
Cash Growth	414.13%	-71.15%	-70.60%	-17.44%	-23.12%	800.20%
Accounts Receivable	0.92	0.09	0.26	12.76	17.68	11.58
Other Receivables	1.55	1.67	3.12	-	-	-
Total Trade Receivables	2.47	1.76	3.38	12.76	17.68	11.58
Other Current Assets	0.39	0.38	0.84	18	18.39	0.87
Total Current Assets	33.19	5.44	15.64	69.57	83.09	73.6
Net Property, Plant & Equipment	3.63	3.76	4.76	5.6	5.54	5.94
Other Long-Term Assets	213.11	203.42	175.47	113.75	102.7	54.39
Total Assets	249.93	212.61	195.87	188.93	191.33	133.93
Accounts Payable	2.36	2.24	2.49	7.81	7.27	6.64
Other Current Liabilities	0.73	0.72	0.76	95.68	85.47	41.01
Total Current Liabilities	3.09	2.96	3.25	103.49	92.74	47.65
Other Long-Term Liabilities	1.76	1.71	1.59	2.12	2.57	1.05
Total Long-Term Liabilities	1.76	1.71	1.59	2.12	2.57	1.05
Total Liabilities	4.85	4.67	4.84	105.6	95.32	48.7
Common Stock	469.11	438.02	408.8	355.03	354.48	311
Additional Paid-in Capital	115.66	109.32	97.03	73.08	71	48.59
Accumulated Other Comprehensive Income	5.32	1.95	10.74	2.33	-2.76	-0.2
Retained Earnings	-345.01	-341.35	-325.53	-347.11	-326.7	-274.16
Shareholders' Equity	245.09	207.95	191.03	83.33	96.01	85.22
Total Liabilities & Equity	249.93	212.61	195.87	188.93	191.33	133.93
Net Cash (Debt)	30.33	3.29	11.41	38.81	47.02	61.15
Net Cash Growth	820.94%	-71.15%	-70.60%	-17.44%	-23.12%	800.20%
Net Cash Per Share	0.09	0.01	0.05	0.19	0.24	0.37
Book Value	245.09	207.95	191.03	83.33	96.01	85.22
Book Value Per Share	0.76	0.70	0.76	0.41	0.48	0.52
Tangible Book Value	245.09	207.95	191.03	83.33	96.01	85.22
Tangible Book Value Per Share	0.76	0.70	0.76	0.41	0.48	0.52