Vertex Resource Group 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	2.51	11.63	1.03	2.59	-	-
Cash & Short-Term Investments	2.51	11.63	1.03	2.59	-	-
Cash Growth	81.78%	1028.93%	-60.25%	-	-	-
Accounts Receivable	47.28	44.56	61.29	72.03	56.34	32.64
Inventory	3.66	3.99	4.21	4.4	4.24	3.28
Other Current Assets	4.29	4.6	3.88	3.05	2.87	2.89
Total Current Assets	57.74	64.77	70.41	82.07	63.44	38.81
Net Property, Plant & Equipment	102.63	115.43	129.05	123.45	94.58	84.23
Other Intangible Assets	4.82	5.83	7.29	8.49	1.78	0.59
Goodwill	25.67	25.67	31.67	31.67	25.19	24.83
Other Long-Term Assets	5.98	5.75	6.35	8.75	1.57	2.75
Total Assets	196.85	217.46	244.77	254.42	186.57	151.2
Accounts Payable	31.97	29.15	37.71	40.39	28.37	18.89
Short-Term Debt	4.91	9.45	3.04	-	0.4	0.25
Current Portion of Long-Term Debt	61.74	12.1	14.7	18.51	18.43	16.99
Current Portion of Leases	7.52	8.78	10.72	9.71	7.1	5.48
Unearned Revenue	0.62	0.94	1.46	2.94	2.84	1.19
Other Current Liabilities	-	1	1.53	2.64	1.39	0.63
Total Current Liabilities	106.75	61.42	69.17	74.18	58.53	43.42
Long-Term Debt	18.45	71.07	74.15	83.29	61.09	42.61
Long-Term Leases	17.74	22.05	31.09	24.9	13.26	14.64
Other Long-Term Liabilities	0.97	2.93	3.46	7.33	4	2.49
Total Long-Term Liabilities	37.16	96.04	108.69	115.51	78.34	59.74
Total Liabilities	143.91	157.46	177.86	189.69	136.87	103.16
Common Stock	89.54	89.54	91.51	92.42	81.07	81.07
Additional Paid-in Capital	7.16	7.11	5.87	5.26	3.62	3.62
Accumulated Other Comprehensive Income	-0.34	-0.03	0.01	0.01	-0	-
Retained Earnings	-43.42	-36.63	-30.49	-32.95	-34.99	-36.65
Shareholders' Equity	52.94	60	66.91	64.74	49.7	48.04
Total Liabilities & Equity	196.85	217.46	244.77	254.42	186.57	151.2
Total Debt	110.35	123.44	133.7	136.41	100.28	79.97
Net Cash (Debt)	-107.84	-111.81	-132.67	-133.82	-100.28	-79.97
Net Cash Per Share	-0.96	-0.99	-1.15	-1.27	-1.10	-
Book Value	52.94	60	66.91	64.74	49.7	48.04
Book Value Per Share	0.47	0.53	0.58	0.61	0.54	-
Tangible Book Value	22.44	28.49	27.95	24.58	22.72	22.63
Tangible Book Value Per Share	0.20	0.25	0.24	0.23	0.25	-

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