EarthLabs Inc. (TSXV:SPOT)

EarthLabs Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4.04	3.52	4.12	5.23	25.35	6.56
Short-Term Investments	74.68	75.82	34.7	37.23	24.02	43.17
Cash & Short-Term Investments	78.72	79.34	38.82	42.46	49.37	49.73
Cash Growth	82.39%	104.39%	-8.57%	-13.99%	-0.73%	123.11%
Accounts Receivable	0.25	0.31	0.52	0.12	0.12	1.29
Other Receivables	0.05	0.05	0.32	0.91	-	0.45
Receivables	0.29	0.36	0.84	1.03	0.12	1.74
Prepaid Expenses	0.48	0.59	0.25	0.27	0.15	0.39
Other Current Assets	1.79	0.9	0.45	0.49	3.18	0.61
Total Current Assets	81.28	81.18	40.35	44.25	52.81	52.47
Property, Plant & Equipment	0.31	0.95	1.13	1.25	0.15	1.64
Goodwill	0.62	0.62	0.62	0.62	2.21	9.04
Other Intangible Assets	2.65	2.71	2.83	3.13	8.11	9.98
Total Assets	84.87	85.47	44.93	49.25	63.27	73.13

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.96	2.66	1.69	1.28	1	2.46
Accrued Expenses	0.51	0.17	0.2	0.05	0.44	0.05
Current Portion of Long-Term Debt	-	-	0.73	0.25	-	-
Current Portion of Leases	0.18	0.16	0.14	0.12	0.05	0.14
Current Income Taxes Payable	0.12	-	-	-	1.02	0
Current Unearned Revenue	6.02	6.49	3.45	1.92	1	6.07
Total Current Liabilities	7.8	9.48	6.22	3.63	3.52	8.72
Long-Term Debt	-	-	-	0.73	-	-
Long-Term Leases	0	0.73	0.89	1.03	0.09	0.09
Long-Term Deferred Tax Liabilities	3.2	3.21	-	0.2	1.57	3.29
Total Liabilities	11	13.41	7.11	5.59	5.18	12.11

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	47.66	46.87	46.53	46.43	46.15	43.99
Additional Paid-In Capital	5.58	5.95	6.04	5.8	3.85	2.08
Retained Earnings	20.62	19.24	-14.75	-8.56	8.06	14.91
Comprehensive Income & Other	-	-	-	-	0.04	0.04
Total Common Equity	73.87	72.05	37.83	43.66	58.1	61.02
Shareholders' Equity	73.87	72.05	37.83	43.66	58.1	61.02
Total Liabilities & Equity	84.87	85.47	44.93	49.25	63.27	73.13

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.19	0.89	1.76	2.14	0.14	0.23
Net Cash (Debt)	78.53	78.45	37.06	40.32	49.23	49.5
Net Cash Growth	89.49%	111.68%	-8.09%	-18.09%	-0.55%	124.93%
Net Cash Per Share	0.54	0.56	0.27	0.29	0.36	0.42
Filing Date Shares Outstanding	141.08	141.08	137.8	137.39	137.39	136.5
Total Common Shares Outstanding	141.08	138.8	137.8	137.39	136.56	133.4
Working Capital	73.48	71.71	34.14	40.62	49.29	43.74
Book Value Per Share	0.52	0.52	0.27	0.32	0.43	0.46
Tangible Book Value	70.59	68.72	34.37	39.91	47.78	42
Tangible Book Value Per Share	0.50	0.50	0.25	0.29	0.35	0.31
Machinery	-	0.2	0.15	0.06	0.01	1.51
Leasehold Improvements	-	0.03	0.03	0.03	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 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:

Sep 8, 2026

Data Sources Report a data error