Vertex Resource Group Ltd. (TSXV:VTX)

Vertex Resource Group Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.76	1.52	11.63	1.03	2.59	-
Cash & Short-Term Investments	0.76	1.52	11.63	1.03	2.59	-
Cash Growth	192.72%	-86.89%	1028.93%	-60.25%	-	-
Accounts Receivable	41.26	45.79	39.43	56.82	61.39	43.18
Other Receivables	6.72	3.83	5.12	4.47	10.64	13.16
Receivables	47.98	49.62	44.56	61.29	72.03	56.34
Inventory	4.2	3.48	3.99	4.21	4.4	4.24
Prepaid Expenses	4.34	3.91	4.6	3.88	3.05	2.87
Total Current Assets	57.29	58.54	64.77	70.41	82.07	63.44
Property, Plant & Equipment	93.88	97.33	115.43	129.05	123.45	94.58
Goodwill	25.67	25.67	25.67	31.67	31.67	25.19
Other Intangible Assets	4.66	5.28	5.7	6.96	8.22	1.36
Long-Term Deferred Tax Assets	5.93	6.03	5.75	6.35	8.75	1.57
Long-Term Deferred Charges	-	0.04	0.13	0.33	0.27	0.43
Total Assets	187.43	192.9	217.46	244.77	254.42	186.57

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	31.09	27.21	21.11	27.56	29.76	20.37
Accrued Expenses	-	7.34	8.04	10.16	10.63	8
Short-Term Debt	3.68	5.17	11.43	6.27	4.48	6.13
Current Portion of Long-Term Debt	8.16	9.67	10.12	11.47	14.03	12.7
Current Portion of Leases	6.97	8.84	8.78	10.72	9.71	7.1
Current Unearned Revenue	0.81	0.77	0.94	1.46	2.94	2.84
Other Current Liabilities	-	-	1	1.53	2.64	1.39
Total Current Liabilities	50.71	59	61.42	69.17	74.18	58.53
Long-Term Debt	72.87	69.08	71.07	74.15	83.29	61.09
Long-Term Leases	16.5	17.24	22.05	31.09	24.9	13.26
Long-Term Deferred Tax Liabilities	1.24	1.39	2.93	2.46	4.77	2.47
Other Long-Term Liabilities	-	-	-	1	2.56	1.53
Total Liabilities	141.31	146.71	157.46	177.86	189.69	136.87

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	89.54	89.54	89.54	91.51	92.42	81.07
Additional Paid-In Capital	7.22	7.18	7.11	5.87	5.26	3.62
Retained Earnings	-50.35	-49.94	-36.63	-30.49	-32.95	-34.99
Comprehensive Income & Other	-0.3	-0.6	-0.03	0.01	0.01	-0
Shareholders' Equity	46.12	46.19	60	66.91	64.74	49.7
Total Liabilities & Equity	187.43	192.9	217.46	244.77	254.42	186.57

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	108.17	110	123.44	133.7	136.41	100.28
Net Cash (Debt)	-107.41	-108.48	-111.81	-132.67	-133.82	-100.28
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.96	-0.97	-0.99	-1.15	-1.27	-1.10
Filing Date Shares Outstanding	112.03	112.03	112.03	112.7	115.62	91.25
Total Common Shares Outstanding	112.03	112.03	112.03	114.49	115.62	91.25
Working Capital	6.58	-0.46	3.35	1.24	7.9	4.91
Book Value Per Share	0.41	0.41	0.54	0.58	0.56	0.54
Tangible Book Value	15.79	15.24	28.63	28.27	24.84	23.14
Tangible Book Value Per Share	0.14	0.14	0.26	0.25	0.21	0.25
Land	-	8.02	12.58	12.79	10.65	10.41
Machinery	-	113.72	119.7	139.41	133.33	123.93

Data Source: S&P Global Market Intelligence Last updated: Aug 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 6, 2026

Data Sources Report a data error