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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.26	11.63	1.03	2.59	-	-
Cash & Short-Term Investments	0.26	11.63	1.03	2.59	-	-
Cash Growth	-94.92%	1028.93%	-60.25%	-	-	-
Accounts Receivable	39.3	39.43	56.82	61.39	43.18	28.89
Other Receivables	7.08	5.12	4.47	10.64	13.16	3.75
Receivables	46.38	44.56	61.29	72.03	56.34	32.64
Inventory	3.9	3.99	4.21	4.4	4.24	3.28
Prepaid Expenses	4.38	4.6	3.88	3.05	2.87	2.89
Total Current Assets	54.93	64.77	70.41	82.07	63.44	38.81
Property, Plant & Equipment	106	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	5.16	5.7	6.96	8.22	1.36	0.59
Long-Term Deferred Tax Assets	5.98	5.75	6.35	8.75	1.57	2.75
Long-Term Deferred Charges	-	0.13	0.33	0.27	0.43	-
Total Assets	197.74	217.46	244.77	254.42	186.57	151.2
Accounts Payable	25.77	21.11	27.56	29.76	20.37	14.74
Accrued Expenses	7.72	8.04	10.16	10.63	8	4.15
Short-Term Debt	1.35	11.43	6.27	4.48	6.13	7.91
Current Portion of Long-Term Debt	9.89	10.12	11.47	14.03	12.7	9.33
Current Portion of Leases	7.52	8.78	10.72	9.71	7.1	5.48
Current Unearned Revenue	0.7	0.94	1.46	2.94	2.84	1.19
Other Current Liabilities	0.33	1	1.53	2.64	1.39	0.63
Total Current Liabilities	53.27	61.42	69.17	74.18	58.53	43.42
Long-Term Debt	71.15	71.07	74.15	83.29	61.09	42.61
Long-Term Leases	18.14	22.05	31.09	24.9	13.26	14.64
Long-Term Deferred Tax Liabilities	1.27	2.93	2.46	4.77	2.47	2.02
Other Long-Term Liabilities	-	-	1	2.56	1.53	0.48
Total Liabilities	143.83	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	7.14	7.11	5.87	5.26	3.62	3.62
Retained Earnings	-42.25	-36.63	-30.49	-32.95	-34.99	-36.65
Comprehensive Income & Other	-0.53	-0.03	0.01	0.01	-0	-
Shareholders' Equity	53.91	60	66.91	64.74	49.7	48.04
Total Liabilities & Equity	197.74	217.46	244.77	254.42	186.57	151.2
Total Debt	108.05	123.44	133.7	136.41	100.28	79.97
Net Cash (Debt)	-107.79	-111.81	-132.67	-133.82	-100.28	-79.97
Net Cash Per Share	-0.96	-0.99	-1.15	-1.27	-1.10	-0.88
Filing Date Shares Outstanding	112.03	112.03	112.7	115.62	91.25	91.25
Total Common Shares Outstanding	112.03	112.03	114.49	115.62	91.25	91.25
Working Capital	1.65	3.35	1.24	7.9	4.91	-4.61
Book Value Per Share	0.48	0.54	0.58	0.56	0.54	0.53
Tangible Book Value	23.07	28.63	28.27	24.84	23.14	22.63
Tangible Book Value Per Share	0.21	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.