Urbanfund 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	10.19	12.28	3.57	12.99	10.37	6.53
Cash & Short-Term Investments	10.19	12.28	3.57	12.99	10.37	6.53
Cash Growth	-11.16%	244.16%	-72.54%	25.32%	58.77%	-10.93%
Accounts Receivable	1.07	1.04	5.94	1.48	1.89	1.51
Other Receivables	-	-	-	-	0.66	-
Total Trade Receivables	1.07	1.04	5.94	1.48	2.55	1.51
Inventory	1.56	3.02	11.05	10.52	9.29	8.34
Total Current Assets	12.82	16.33	20.55	24.99	22.2	16.38
Net Property, Plant & Equipment	109.48	108.84	107.25	104.44	101.54	92.11
Long-Term Investments	34.03	30.43	27.6	21.35	20.73	15.6
Total Assets	156.32	155.6	155.41	150.78	144.47	124.09
Accounts Payable	1.26	1.31	1.5	1.61	1.87	4.19
Current Portion of Long-Term Debt	10.35	10.3	10.1	-	-	-
Unearned Revenue	0.45	0.44	0.45	0.44	0.46	0.19
Other Current Liabilities	0.4	1.48	0.01	0.95	-	0.38
Total Current Liabilities	12.45	13.53	12.06	3	2.32	4.77
Long-Term Debt	43.99	45.21	55	65.07	65.78	54.55
Other Long-Term Liabilities	12.57	11.87	10.63	9.55	8.66	6.53
Total Long-Term Liabilities	56.55	57.07	65.63	74.62	74.44	61.08
Total Liabilities	69.01	70.6	77.69	77.63	76.76	65.85
Preferred Stock	1.11	1.11	1.11	1.11	1.11	1.11
Common Stock	17	16.88	16.24	15.4	14.6	13.19
Retained Earnings	67.37	65.13	58.55	55.16	50.76	43.07
Total Common Shareholders' Equity	85.48	83.12	75.9	71.67	66.47	57.37
Minority Interest	1.83	1.88	1.82	1.48	1.24	0.87
Shareholders' Equity	87.32	85	77.72	73.15	67.71	58.24
Total Liabilities & Equity	156.32	155.6	155.41	150.78	144.47	124.09
Total Debt	54.34	55.51	65.1	65.07	65.78	54.55
Net Cash (Debt)	-44.15	-43.23	-61.54	-52.08	-55.41	-48.02
Net Cash Per Share	-0.72	-0.71	-1.03	-0.89	-0.96	-0.86
Book Value	85.48	83.12	75.9	71.67	66.47	57.37
Book Value Per Share	1.40	1.37	1.27	1.22	1.15	1.03
Tangible Book Value	85.48	83.12	75.9	71.67	66.47	57.37
Tangible Book Value Per Share	1.40	1.37	1.27	1.22	1.15	1.03

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.