Vertex Resource Group Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.89	1.52	11.63	1.03	2.59	-
Cash & Short-Term Investments	0.89	1.52	11.63	1.03	2.59	-
Cash Growth	-29.44%	-86.89%	1028.93%	-60.25%	-	-
Accounts Receivable	55.54	49.62	44.56	61.29	72.03	56.34
Inventory	2.76	3.48	3.99	4.21	4.4	4.24
Other Current Assets	3.76	3.91	4.6	3.88	3.05	2.87
Total Current Assets	62.94	58.54	64.77	70.41	82.07	63.44
Net Property, Plant & Equipment	94.81	97.33	115.43	129.05	123.45	94.58
Other Intangible Assets	4.96	5.32	5.83	7.29	8.49	1.78
Goodwill	25.67	25.67	25.67	31.67	31.67	25.19
Other Long-Term Assets	6.03	6.03	5.75	6.35	8.75	1.57
Total Assets	194.42	192.9	217.46	244.77	254.42	186.57
Accounts Payable	41.09	34.55	29.15	37.71	40.39	28.37
Short-Term Debt	3.1	4.44	9.45	3.04	-	0.4
Current Portion of Long-Term Debt	9.33	10.4	12.1	14.7	18.51	18.43
Current Portion of Leases	8.03	8.84	8.78	10.72	9.71	7.1
Unearned Revenue	0.82	0.77	0.94	1.46	2.94	2.84
Other Current Liabilities	-	-	1	1.53	2.64	1.39
Total Current Liabilities	62.38	59	61.42	69.17	74.18	58.53
Long-Term Debt	69.43	69.08	71.07	74.15	83.29	61.09
Long-Term Leases	16.72	17.24	22.05	31.09	24.9	13.26
Other Long-Term Liabilities	0.99	1.39	2.93	3.46	7.33	4
Total Long-Term Liabilities	87.14	87.71	96.04	108.69	115.51	78.34
Total Liabilities	149.53	146.71	157.46	177.86	189.69	136.87
Common Stock	89.54	89.54	89.54	91.51	92.42	81.07
Additional Paid-in Capital	7.18	7.18	7.11	5.87	5.26	3.62
Accumulated Other Comprehensive Income	-0.44	-0.6	-0.03	0.01	0.01	-0
Retained Earnings	-51.39	-49.94	-36.63	-30.49	-32.95	-34.99
Shareholders' Equity	44.9	46.19	60	66.91	64.74	49.7
Total Liabilities & Equity	194.42	192.9	217.46	244.77	254.42	186.57
Total Debt	106.62	110	123.44	133.7	136.41	100.28
Net Cash (Debt)	-105.73	-108.48	-111.81	-132.67	-133.82	-100.28
Net Cash Per Share	-1.09	-0.97	-0.99	-1.15	-1.27	-1.10
Book Value	44.9	46.19	60	66.91	64.74	49.7
Book Value Per Share	0.46	0.41	0.53	0.58	0.61	0.54
Tangible Book Value	14.26	15.19	28.49	27.95	24.58	22.72
Tangible Book Value Per Share	0.15	0.14	0.25	0.24	0.23	0.25