Urbanfund 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	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9.98	20.38	12.28	3.57	12.99	10.37
Cash & Short-Term Investments	9.98	20.38	12.28	3.57	12.99	10.37
Cash Growth	2.11%	65.99%	244.16%	-72.54%	25.32%	58.77%
Accounts Receivable	11.59	0.96	1.04	5.94	1.48	1.89
Other Receivables	-	-	-	-	-	0.66
Total Trade Receivables	11.59	0.96	1.04	5.94	1.48	2.55
Inventory	0.61	0.95	3.02	11.05	10.52	9.29
Total Current Assets	22.18	22.29	16.33	20.55	24.99	22.2
Net Property, Plant & Equipment	109.42	109.31	108.84	107.25	104.44	101.54
Long-Term Investments	32.69	32.51	30.43	27.6	21.35	20.73
Total Assets	164.28	164.11	155.6	155.41	150.78	144.47
Accounts Payable	1.39	1.61	1.31	1.5	1.61	1.87
Current Portion of Long-Term Debt	6.45	6.51	10.3	10.1	-	-
Unearned Revenue	0.4	0.45	0.44	0.45	0.44	0.46
Other Current Liabilities	0.81	0.63	1.48	0.01	0.95	-
Total Current Liabilities	9.05	9.2	13.53	12.06	3	2.32
Long-Term Debt	54.88	55.2	45.21	55	65.07	65.78
Other Long-Term Liabilities	12.68	12.74	11.87	10.63	9.55	8.66
Total Long-Term Liabilities	67.56	67.94	57.07	65.63	74.62	74.44
Total Liabilities	76.61	77.15	70.6	77.69	77.63	76.76
Preferred Stock	1.11	1.11	1.11	1.11	1.11	1.11
Common Stock	17.08	17.04	16.88	16.24	15.4	14.6
Retained Earnings	67.6	66.85	65.13	58.55	55.16	50.76
Total Common Shareholders' Equity	85.8	85.01	83.12	75.9	71.67	66.47
Minority Interest	1.88	1.96	1.88	1.82	1.48	1.24
Shareholders' Equity	87.67	86.97	85	77.72	73.15	67.71
Total Liabilities & Equity	164.28	164.11	155.6	155.41	150.78	144.47
Total Debt	61.33	61.71	55.51	65.1	65.07	65.78
Net Cash (Debt)	-51.35	-41.32	-43.23	-61.54	-52.08	-55.41
Net Cash Per Share	-0.84	-0.68	-0.71	-1.03	-0.89	-0.96
Book Value	85.8	85.01	83.12	75.9	71.67	66.47
Book Value Per Share	1.40	1.39	1.37	1.27	1.22	1.15
Tangible Book Value	85.8	85.01	83.12	75.9	71.67	66.47
Tangible Book Value Per Share	1.40	1.39	1.37	1.27	1.22	1.15