FirstService Corporation (FSV)

FirstService Balance Sheet

Financials in millions USD. 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	201.81	227.6	187.62	136.22	165.67	184.3
Cash & Short-Term Investments	201.81	227.6	187.62	136.22	165.67	184.3
Cash Growth	-4.32%	21.31%	37.73%	-17.77%	-10.11%	52.06%
Accounts Receivable	983.05	947.52	842.24	635.94	551.56	418.89
Other Receivables	29.13	9.43	8.81	20.89	6.84	7.4
Receivables	1,012	956.95	851.05	656.84	558.41	426.29
Inventory	291.2	279.63	246.19	242.34	161.39	141.98
Prepaid Expenses	94.5	79.09	56.89	50.35	50.6	42.11
Restricted Cash	23.06	16.09	19.26	23.13	28.61	24.64
Total Current Assets	1,623	1,559	1,361	1,109	964.66	819.32
Property, Plant & Equipment	548.25	494.51	422.49	372.56	297.8	279.75
Goodwill	1,451	1,395	1,180	886.09	843.36	703.74
Other Intangible Assets	716.37	715.48	628.01	368.45	382.11	378.76
Long-Term Deferred Tax Assets	2.13	2.11	1.75	1.7	1.76	2.05
Other Long-Term Assets	28.12	28.01	32.67	36.85	19.34	12.92
Total Assets	4,369	4,195	3,626	2,775	2,509	2,197
Accounts Payable	180.37	174.07	143.35	115.99	100.13	98.5
Accrued Expenses	396.79	360.7	320.59	275.93	280.91	248.46
Current Portion of Long-Term Debt	0.04	30	37.13	35.67	57.44	56.48
Current Portion of Leases	70.13	64.68	50.9	49.15	48.05	35.32
Current Income Taxes Payable	5.3	8.38	1.47	2.79	2.55	7.89
Current Unearned Revenue	243.68	190.89	178.59	125.54	116.42	90.13
Other Current Liabilities	35.67	22.05	38.75	31.93	12.98	6.97
Total Current Liabilities	931.98	850.77	770.77	636.99	618.47	543.75
Long-Term Debt	1,208	1,240	1,125	698.8	595.37	533.13
Long-Term Leases	270.69	231.45	203.97	168.56	122.34	128.79
Long-Term Unearned Revenue	24.3	23.28	21.38	17.86	15.08	13.94
Long-Term Deferred Tax Liabilities	94.03	84.9	53.02	51.1	42.07	41.35
Other Long-Term Liabilities	127.4	127.27	94.56	60.31	96.84	82.15
Total Liabilities	2,656	2,558	2,269	1,634	1,490	1,343
Common Stock	957.42	929.91	855.82	813.03	797.43	770.03
Additional Paid-In Capital	113.27	104.79	95.22	83.01	68.25	59.3
Retained Earnings	189.38	165.47	77.48	17.35	-67.92	-171.09
Comprehensive Income & Other	-8.23	-12.43	-4.37	-5.92	1.97	2.15
Total Common Equity	1,252	1,188	1,024	907.47	799.72	660.4
Minority Interest	461	449.34	332.96	233.43	219.14	193.03
Shareholders' Equity	1,713	1,637	1,357	1,141	1,019	853.43
Total Liabilities & Equity	4,369	4,195	3,626	2,775	2,509	2,197
Total Debt	1,549	1,566	1,417	952.17	823.19	753.71
Net Cash (Debt)	-1,347	-1,339	-1,229	-815.95	-657.52	-569.42
Net Cash Per Share	-29.57	-29.56	-27.44	-18.34	-14.81	-13.19
Filing Date Shares Outstanding	45.55	45.44	44.97	44.55	44.19	43.81
Total Common Shares Outstanding	45.46	45.27	44.68	44.23	44.01	43.59
Working Capital	690.77	708.59	590.23	471.88	346.19	275.57
Book Value Per Share	27.54	26.24	22.92	20.52	18.17	15.15
Tangible Book Value	-916.04	-923.12	-783.69	-347.07	-425.75	-422.1
Tangible Book Value Per Share	-20.15	-20.39	-17.54	-7.85	-9.67	-9.68
Land	-	0.02	0.03	1.28	1.28	1.94
Buildings	-	4.57	4.55	9.28	4.72	6.17
Machinery	-	609.14	543.05	464.73	382.8	332.83
Leasehold Improvements	-	83.29	65.83	50.62	48.65	47.33
Order Backlog	-	924.8	838.34	631.66	464.13	376.48

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q