Vertex Resource Group Ltd. (TSXV: VTX)

Vertex Resource Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.38	1.03	2.59	-	-	0.41
Cash & Short-Term Investments	1.38	1.03	2.59	-	-	0.41
Cash Growth	-36.96%	-60.25%	-	-	-	-82.36%
Accounts Receivable	48.42	56.82	61.39	43.18	28.89	31.79
Other Receivables	5.7	4.47	10.64	13.16	3.75	2.94
Receivables	54.12	61.29	72.03	56.34	32.64	34.73
Inventory	4.1	4.21	4.4	4.24	3.28	2.91
Prepaid Expenses	5.1	3.88	3.05	2.87	2.89	2.32
Total Current Assets	64.7	70.41	82.07	63.44	38.81	40.37
Property, Plant & Equipment	128.12	129.05	123.45	94.58	84.23	96.73
Goodwill	31.67	31.67	31.67	25.19	24.83	28.13
Other Intangible Assets	6.16	6.96	8.22	1.36	0.59	0.82
Long-Term Deferred Tax Assets	6.15	6.35	8.75	1.57	2.75	5.13
Long-Term Deferred Charges	-	0.33	0.27	0.43	-	0.75
Total Assets	236.8	244.77	254.42	186.57	151.2	171.92
Accounts Payable	23.87	27.56	29.76	20.37	14.74	12.13
Accrued Expenses	9.79	10.16	10.63	8	4.15	3.79
Short-Term Debt	2.29	6.27	4.48	6.13	7.91	2.79
Current Portion of Long-Term Debt	10.39	11.47	14.03	12.7	9.33	9.57
Current Portion of Leases	9.32	10.72	9.71	7.1	5.48	5.19
Current Income Taxes Payable	-	-	-	-	-	0.19
Current Unearned Revenue	0.68	1.46	2.94	2.84	1.19	0.08
Other Current Liabilities	1.33	1.53	2.64	1.39	0.63	-
Total Current Liabilities	57.67	69.17	74.18	58.53	43.42	33.74
Long-Term Debt	83.96	74.15	83.29	61.09	42.61	61.58
Long-Term Leases	25.89	31.09	24.9	13.26	14.64	19.13
Long-Term Deferred Tax Liabilities	2.48	2.46	4.77	2.47	2.02	3.92
Other Long-Term Liabilities	-	1	2.56	1.53	0.48	-
Total Liabilities	170	177.86	189.69	136.87	103.16	118.37
Common Stock	89.54	91.51	92.42	81.07	81.07	83.23
Additional Paid-In Capital	7.04	5.87	5.26	3.62	3.62	1.27
Retained Earnings	-29.79	-30.49	-32.95	-34.99	-36.65	-30.95
Comprehensive Income & Other	0.01	0.01	0.01	-0	-	-
Shareholders' Equity	66.81	66.91	64.74	49.7	48.04	53.55
Total Liabilities & Equity	236.8	244.77	254.42	186.57	151.2	171.92
Total Debt	131.85	133.7	136.41	100.28	79.97	98.26
Net Cash (Debt)	-130.47	-132.67	-133.82	-100.28	-79.97	-97.85
Net Cash Per Share	-1.15	-1.15	-1.27	-1.10	-0.88	-1.07
Filing Date Shares Outstanding	112.03	112.7	115.62	91.25	91.25	91.25
Total Common Shares Outstanding	112.03	114.49	115.62	91.25	91.25	93.41
Working Capital	7.03	1.24	7.9	4.91	-4.61	6.62
Book Value Per Share	0.60	0.58	0.56	0.54	0.53	0.57
Tangible Book Value	28.97	28.27	24.84	23.14	22.63	24.61
Tangible Book Value Per Share	0.26	0.25	0.21	0.25	0.25	0.26
Land	-	11.36	10.65	10.41	10.93	12.47
Machinery	-	127.89	133.33	123.93	115.31	123.09

Source: S&P Capital IQ. Standard template. Financial Sources.