EarthLabs Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4.79	4.12	5.23	25.35	6.56	4.47
Short-Term Investments	62.31	34.7	37.23	24.02	43.17	17.82
Cash & Short-Term Investments	67.1	38.82	42.46	49.37	49.73	22.29
Cash Growth	53.65%	-8.57%	-13.99%	-0.73%	123.11%	131.34%
Accounts Receivable	0.31	0.52	0.12	0.12	1.29	0.49
Other Receivables	0.02	0.32	0.91	-	0.45	-
Receivables	0.33	0.84	1.03	0.12	1.74	0.49
Prepaid Expenses	0.74	0.28	0.27	0.15	0.39	0.09
Other Current Assets	2.64	0.42	0.49	3.18	0.61	0.53
Total Current Assets	70.82	40.35	44.25	52.81	52.47	23.39
Property, Plant & Equipment	1	1.13	1.25	0.15	1.64	0.34
Goodwill	0.62	0.62	0.62	2.21	9.04	-
Other Intangible Assets	2.74	2.83	3.13	8.11	9.98	-
Total Assets	75.18	44.93	49.25	63.27	73.13	23.73
Accounts Payable	1.11	1.69	1.28	1	2.46	0.3
Accrued Expenses	0.26	0.2	0.05	0.44	0.05	0.23
Current Portion of Long-Term Debt	0.77	0.73	0.25	-	-	-
Current Portion of Leases	0.16	0.14	0.12	0.05	0.14	0.1
Current Income Taxes Payable	-	-	-	1.02	0	-
Current Unearned Revenue	6.11	3.45	1.92	1	6.07	3.12
Other Current Liabilities	-	-	-	-	-	0.01
Total Current Liabilities	8.41	6.22	3.63	3.52	8.72	3.76
Long-Term Debt	-	-	0.73	-	-	-
Long-Term Leases	0.77	0.89	1.03	0.09	0.09	0.18
Long-Term Deferred Tax Liabilities	2.22	-	0.2	1.57	3.29	1.4
Total Liabilities	11.4	7.11	5.59	5.18	12.11	5.34
Common Stock	46.87	46.53	46.43	46.15	43.99	12.98
Additional Paid-In Capital	5.94	6.04	5.8	3.85	2.08	1.45
Retained Earnings	10.98	-14.75	-8.56	8.06	14.91	3.87
Comprehensive Income & Other	-	-	-	0.04	0.04	-
Total Common Equity	63.78	37.83	43.66	58.1	61.02	18.29
Minority Interest	-	-	-	-	-	0.1
Shareholders' Equity	63.78	37.83	43.66	58.1	61.02	18.39
Total Liabilities & Equity	75.18	44.93	49.25	63.27	73.13	23.73
Total Debt	1.69	1.76	2.14	0.14	0.23	0.28
Net Cash (Debt)	65.41	37.06	40.32	49.23	49.5	22.01
Net Cash Growth	57.34%	-8.09%	-18.09%	-0.55%	124.93%	134.16%
Net Cash Per Share	0.47	0.27	0.29	0.36	0.42	0.23
Filing Date Shares Outstanding	138.8	137.8	137.39	137.39	136.5	94.72
Total Common Shares Outstanding	138.8	137.8	137.39	136.56	133.4	94.72
Working Capital	62.41	34.14	40.62	49.29	43.74	19.63
Book Value Per Share	0.46	0.27	0.32	0.43	0.46	0.19
Tangible Book Value	60.42	34.37	39.91	47.78	42	18.29
Tangible Book Value Per Share	0.44	0.25	0.29	0.35	0.31	0.19
Machinery	-	0.15	0.06	0.01	1.51	0.1
Leasehold Improvements	-	0.03	0.03	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.