Vertex Resource Group Ltd. (TSXV:VTX)

Vertex Resource Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.26	11.63	1.03	2.59	-	-
Cash & Short-Term Investments	1.26	11.63	1.03	2.59	-	-
Cash Growth	-67.52%	1028.93%	-60.25%	-	-	-
Accounts Receivable	42.07	39.43	56.82	61.39	43.18	28.89
Other Receivables	-	5.12	4.47	10.64	13.16	3.75
Receivables	42.07	44.56	61.29	72.03	56.34	32.64
Inventory	3.88	3.99	4.21	4.4	4.24	3.28
Prepaid Expenses	4.61	4.6	3.88	3.05	2.87	2.89
Total Current Assets	51.82	64.77	70.41	82.07	63.44	38.81
Property, Plant & Equipment	111.54	115.43	129.05	123.45	94.58	84.23
Goodwill	25.67	25.67	31.67	31.67	25.19	24.83
Other Intangible Assets	5.5	5.7	6.96	8.22	1.36	0.59
Long-Term Deferred Tax Assets	5.75	5.75	6.35	8.75	1.57	2.75
Long-Term Deferred Charges	-	0.13	0.33	0.27	0.43	-
Total Assets	200.29	217.46	244.77	254.42	186.57	151.2
Accounts Payable	26.44	21.11	27.56	29.76	20.37	14.74
Accrued Expenses	-	8.04	10.16	10.63	8	4.15
Short-Term Debt	1.69	11.43	6.27	4.48	6.13	7.91
Current Portion of Long-Term Debt	11.56	10.12	11.47	14.03	12.7	9.33
Current Portion of Leases	8.51	8.78	10.72	9.71	7.1	5.48
Current Unearned Revenue	0.75	0.94	1.46	2.94	2.84	1.19
Other Current Liabilities	0.67	1	1.53	2.64	1.39	0.63
Total Current Liabilities	49.6	61.42	69.17	74.18	58.53	43.42
Long-Term Debt	69.94	71.07	74.15	83.29	61.09	42.61
Long-Term Leases	20.92	22.05	31.09	24.9	13.26	14.64
Long-Term Deferred Tax Liabilities	2.19	2.93	2.46	4.77	2.47	2.02
Other Long-Term Liabilities	-	-	1	2.56	1.53	0.48
Total Liabilities	142.65	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	7.13	7.11	5.87	5.26	3.62	3.62
Retained Earnings	-39	-36.63	-30.49	-32.95	-34.99	-36.65
Comprehensive Income & Other	-0.03	-0.03	0.01	0.01	-0	-
Shareholders' Equity	57.65	60	66.91	64.74	49.7	48.04
Total Liabilities & Equity	200.29	217.46	244.77	254.42	186.57	151.2
Total Debt	112.61	123.44	133.7	136.41	100.28	79.97
Net Cash (Debt)	-111.35	-111.81	-132.67	-133.82	-100.28	-79.97
Net Cash Per Share	-1.03	-0.99	-1.15	-1.27	-1.10	-0.88
Filing Date Shares Outstanding	118.65	112.03	112.7	115.62	91.25	91.25
Total Common Shares Outstanding	118.65	112.03	114.49	115.62	91.25	91.25
Working Capital	2.22	3.35	1.24	7.9	4.91	-4.61
Book Value Per Share	0.49	0.54	0.58	0.56	0.54	0.53
Tangible Book Value	26.47	28.63	28.27	24.84	23.14	22.63
Tangible Book Value Per Share	0.22	0.26	0.25	0.21	0.25	0.25
Land	-	12.58	12.79	10.65	10.41	10.93
Machinery	-	119.7	139.41	133.33	123.93	115.31

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.