Thermal Energy International Inc. (TSXV:TMG)

TSXV:TMG Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 28, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020
Cash & Equivalents	5.14	6.97	3	2.63	4.24	4.77
Cash & Short-Term Investments	5.14	6.97	3	2.63	4.24	4.77
Cash Growth	132.13%	14.03%	-37.95%	-11.18%	14.30%	14.30%
Accounts Receivable	4.23	3.79	5.72	2.59	2.42	1.83
Other Receivables	0.21	0.51	0.41	0.57	0.76	0.45
Receivables	4.44	4.3	6.13	3.16	3.18	2.28
Inventory	2.16	1.59	1.47	1.05	0.96	0.84
Prepaid Expenses	0.52	1.35	0.43	0.17	0.2	0.17
Total Current Assets	12.26	14.21	11.03	7.01	8.58	8.06
Property, Plant & Equipment	1.49	1.81	1.55	1.54	1.82	0.85
Other Intangible Assets	0.53	0.63	0.85	1.03	1.03	1.42
Long-Term Deferred Tax Assets	0.15	0.14	0.09	0.02	0.11	0.11
Total Assets	14.43	16.79	13.51	9.6	11.55	10.44
Accounts Payable	2.11	2.43	2.24	0.66	0.8	1.16
Accrued Expenses	1.31	2.07	2.03	0.99	0.93	1.26
Current Portion of Long-Term Debt	1.34	0.92	0.92	0.8	0.85	0.27
Current Portion of Leases	0.43	0.31	0.21	0.19	0.22	0.11
Current Income Taxes Payable	0.05	0.06	0.01	0.06	0.02	0.02
Current Unearned Revenue	3.8	4.34	2.09	1.06	1.6	1.21
Other Current Liabilities	0.83	0.57	0.49	0.48	0.36	1.17
Total Current Liabilities	9.88	10.7	7.99	4.24	4.77	5.19
Long-Term Debt	0.09	1.43	2.35	3.14	2.41	2.49
Long-Term Leases	0.94	1.23	1.25	1.18	1.34	0.43
Long-Term Deferred Tax Liabilities	0	0	0	0	0.06	0.32
Total Liabilities	10.91	13.37	11.59	8.55	8.58	8.44
Common Stock	33.3	33.25	32.53	32.48	32.44	32.12
Additional Paid-In Capital	4.83	4.66	4.94	4.74	4.53	4.43
Retained Earnings	-34.86	-34.73	-35.66	-36.38	-34.46	-34.66
Comprehensive Income & Other	0.27	0.29	0.17	0.24	0.53	0.22
Total Common Equity	3.55	3.46	1.97	1.08	3.04	2.1
Minority Interest	-0.03	-0.04	-0.05	-0.03	-0.08	-0.1
Shareholders' Equity	3.52	3.42	1.92	1.04	2.96	2.01
Total Liabilities & Equity	14.43	16.79	13.51	9.6	11.55	10.44
Total Debt	2.81	3.89	4.73	5.31	4.81	3.3
Net Cash (Debt)	2.34	3.07	-1.73	-2.68	-0.57	1.48
Net Cash Growth	-	-	-	-	26.15%	26.15%
Net Cash Per Share	0.01	0.02	-0.01	-0.02	-0.00	0.01
Filing Date Shares Outstanding	173.11	172.73	164.48	164.14	163.89	160.15
Total Common Shares Outstanding	173.11	172.73	164.48	164.14	163.89	160.15
Working Capital	2.38	3.51	3.03	2.78	3.81	2.87
Book Value Per Share	0.02	0.02	0.01	0.01	0.02	0.01
Tangible Book Value	3.02	2.84	1.12	0.05	2.01	0.69
Tangible Book Value Per Share	0.02	0.02	0.01	0.00	0.01	0.00
Machinery	-	1.41	1.29	1.18	1.12	1.06
Leasehold Improvements	-	0.44	0.2	0.2	0.2	0.19
Order Backlog	-	18.7	13	-	-	3.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.