Tilray Brands Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	246.7	221.67	228.34	206.63	415.91	488.47
Short-Term Investments	44.85	34.7	32.18	241.9	-	-
Cash & Short-Term Investments	291.55	256.36	260.52	448.53	415.91	488.47
Cash Growth	15.58%	-1.60%	-41.92%	7.84%	-14.85%	35.44%
Accounts Receivable	109.07	121.49	101.7	86.23	95.28	87.31
Receivables	109.07	121.49	101.7	86.23	95.28	89.79
Inventory	283.2	270.88	252.09	200.55	245.53	256.43
Prepaid Expenses	41.5	34.09	31.33	37.72	46.79	48.92
Other Current Assets	4	5.8	32.07	-	-	-
Total Current Assets	729.32	688.63	677.71	773.03	803.5	883.61
Property, Plant & Equipment	569.9	590.71	574.35	435.61	600.5	668.97
Long-Term Investments	13.39	10.13	7.86	12.37	15	25.79
Goodwill	752.35	752.35	2,009	2,009	2,641	2,833
Other Intangible Assets	21.74	21.42	915.47	973.79	1,278	1,606
Other Long-Term Assets	11.9	11.08	5.4	0.22	0.31	8.29
Total Assets	2,099	2,074	4,222	4,307	5,450	6,025
Accounts Payable	114.5	107.35	105.39	70.82	68.6	57.71
Accrued Expenses	98.01	115.49	108.1	79.93	82.68	140.34
Short-Term Debt	8.57	7.18	18.03	23.38	18.12	8.72
Current Portion of Long-Term Debt	16.89	14.77	15.84	198.46	67.82	36.62
Current Portion of Leases	7.44	6.94	5.09	2.42	6.7	4.26
Current Income Taxes Payable	1.91	0.06	4.09	14.93	6.15	14.76
Other Current Liabilities	12.01	28.52	42.63	43.04	30.26	138.83
Total Current Liabilities	259.32	280.3	299.17	432.98	280.34	401.24
Long-Term Debt	224.99	234.92	287.94	357.93	519.83	835.11
Long-Term Leases	61.74	64.93	60.42	7.94	11.33	53.95
Long-Term Deferred Tax Liabilities	5.62	3.75	130.87	167.36	196.64	265.85
Other Long-Term Liabilities	0.42	0.86	0.09	11.1	0.19	3.91
Total Liabilities	552.09	584.75	778.49	977.32	1,008	1,560
Common Stock	0.12	0.11	0.08	0.07	0.05	0.05
Additional Paid-In Capital	6,511	6,402	6,147	5,778	5,382	4,792
Retained Earnings	-4,892	-4,847	-2,660	-2,416	-962.85	-486.05
Comprehensive Income & Other	-39.29	-43.06	-43.5	-46.61	-20.76	152.67
Total Common Equity	1,580	1,511	3,443	3,316	4,399	4,459
Minority Interest	-33.32	-21.9	0.27	14.25	42.56	6.24
Shareholders' Equity	1,547	1,490	3,443	3,330	4,441	4,465
Total Liabilities & Equity	2,099	2,074	4,222	4,307	5,450	6,025
Total Debt	319.63	328.74	387.32	590.13	623.81	938.66
Net Cash (Debt)	-28.08	-72.37	-126.8	-141.6	-207.9	-450.19
Net Cash Per Share	-0.28	-0.81	-1.71	-2.29	-4.32	-16.70
Filing Date Shares Outstanding	116.51	109.85	84.3	70.33	53.64	44.92
Total Common Shares Outstanding	106.07	105.87	83.19	65.67	53.27	44.64
Working Capital	470	408.32	378.54	340.05	523.16	482.37
Book Value Per Share	14.89	14.28	41.38	50.49	82.58	99.88
Tangible Book Value	805.74	737.7	518.55	333.06	479.63	20.36
Tangible Book Value Per Share	7.60	6.97	6.23	5.07	9.00	0.46
Land	45.19	44.53	45.58	30.64	31.88	28.55
Machinery	278.21	280.59	258.53	185.42	254.49	215.41
Construction In Progress	12.47	11.24	10.71	8.05	7.51	85.32
Leasehold Improvements	22.06	20.42	19.38	7.75	7.46	17.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.