Vertex Resource Group Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1.52	11.63	1.03	2.59	-
Cash & Short-Term Investments	1.52	11.63	1.03	2.59	-
Cash Growth	-86.89%	1028.93%	-60.25%	-	-
Accounts Receivable	49.62	44.56	61.29	72.03	56.34
Inventory	3.48	3.99	4.21	4.4	4.24
Other Current Assets	3.91	4.6	3.88	3.05	2.87
Total Current Assets	58.54	64.77	70.41	82.07	63.44
Net Property, Plant & Equipment	97.33	115.43	129.05	123.45	94.58
Other Intangible Assets	5.32	5.83	7.29	8.49	1.78
Goodwill	25.67	25.67	31.67	31.67	25.19
Other Long-Term Assets	6.03	5.75	6.35	8.75	1.57
Total Assets	192.9	217.46	244.77	254.42	186.57
Accounts Payable	34.55	29.15	37.71	40.39	28.37
Short-Term Debt	4.44	9.45	3.04	-	0.4
Current Portion of Long-Term Debt	10.4	12.1	14.7	18.51	18.43
Current Portion of Leases	8.84	8.78	10.72	9.71	7.1
Unearned Revenue	0.77	0.94	1.46	2.94	2.84
Other Current Liabilities	-	1	1.53	2.64	1.39
Total Current Liabilities	59	61.42	69.17	74.18	58.53
Long-Term Debt	69.08	71.07	74.15	83.29	61.09
Long-Term Leases	17.24	22.05	31.09	24.9	13.26
Other Long-Term Liabilities	1.39	2.93	3.46	7.33	4
Total Long-Term Liabilities	87.71	96.04	108.69	115.51	78.34
Total Liabilities	146.71	157.46	177.86	189.69	136.87
Common Stock	89.54	89.54	91.51	92.42	81.07
Additional Paid-in Capital	7.18	7.11	5.87	5.26	3.62
Accumulated Other Comprehensive Income	-0.6	-0.03	0.01	0.01	-0
Retained Earnings	-49.94	-36.63	-30.49	-32.95	-34.99
Shareholders' Equity	46.19	60	66.91	64.74	49.7
Total Liabilities & Equity	192.9	217.46	244.77	254.42	186.57
Total Debt	110	123.44	133.7	136.41	100.28
Net Cash (Debt)	-108.48	-111.81	-132.67	-133.82	-100.28
Net Cash Per Share	-0.97	-0.99	-1.15	-1.27	-1.10
Book Value	46.19	60	66.91	64.74	49.7
Book Value Per Share	0.41	0.53	0.58	0.61	0.54
Tangible Book Value	15.19	28.49	27.95	24.58	22.72
Tangible Book Value Per Share	0.14	0.25	0.24	0.23	0.25

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.