Bitcoin Well Inc. (TSXV:BTCW)

Bitcoin Well Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9.07	2.88	1.67	3.95	4.8	4.05
Cash & Short-Term Investments	9.42	2.88	1.67	3.95	4.8	4.05
Cash Growth	462.43%	72.31%	-57.71%	-17.78%	18.38%	245.38%
Accounts Receivable	0.15	0.58	0.57	0.1	0.36	0.09
Other Receivables	-	-	-	0.27	0.12	0.61
Receivables	0.15	0.58	0.57	0.37	0.48	0.7
Inventory	1.69	1.38	0.59	0.71	0.38	4.93
Prepaid Expenses	-	0.2	0.59	0.01	0.31	0.14
Other Current Assets	28.08	22.4	10.24	6.04	8.84	0.04
Total Current Assets	39.35	27.43	13.66	11.08	14.81	9.85
Property, Plant & Equipment	0.18	0.42	0.79	1.42	2.36	1.26
Long-Term Investments	-	-	0.01	0.35	0.93	-
Goodwill	0.11	0.11	0.11	0.11	0.41	-
Other Intangible Assets	0.05	0.07	0.34	1.06	4.63	0.81
Long-Term Deferred Tax Assets	-	-	-	-	0.41	-
Total Assets	39.68	28.02	14.91	14.02	23.56	12.12
Accounts Payable	0.52	0.27	0.49	0.28	0.67	0.41
Accrued Expenses	0.51	0.29	0.26	0.4	0.58	0.56
Short-Term Debt	10.81	9.64	5.91	7.3	15.65	11.4
Current Portion of Long-Term Debt	11.76	0.24	0.1	6.42	-	-
Current Portion of Leases	0.03	0.03	0.06	0.04	0.13	0.09
Current Income Taxes Payable	-	-	-	-	-	0.23
Current Unearned Revenue	0.23	0.73	-	-	-	-
Other Current Liabilities	0.15	0.17	0.19	0.1	0.2	0.1
Total Current Liabilities	24.01	11.38	7.01	14.54	17.22	12.79
Long-Term Debt	18.99	29.62	17.04	5.1	0.1	0.04
Long-Term Leases	0.02	0.01	0.01	-	0.03	0.07
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.09
Other Long-Term Liabilities	-	-	-	0.22	0.22	-
Total Liabilities	43.02	41.02	24.06	19.86	17.57	13
Common Stock	28.71	15.37	13.25	12.1	11.94	1.92
Additional Paid-In Capital	4.07	3.91	3.33	1.48	1.8	0.3
Retained Earnings	-57.51	-52.5	-34.72	-22.69	-16.7	-3.1
Comprehensive Income & Other	21.39	20.22	8.99	3.28	8.95	-
Shareholders' Equity	-3.34	-12.99	-9.15	-5.83	5.99	-0.87
Total Liabilities & Equity	39.68	28.02	14.91	14.02	23.56	12.12
Total Debt	41.61	39.55	23.12	18.86	15.91	11.6
Net Cash (Debt)	-32.19	-36.68	-21.45	-14.91	-11.11	-7.55
Net Cash Per Share	-0.15	-0.17	-0.12	-0.09	-0.08	-0.07
Filing Date Shares Outstanding	350.42	220.16	214.51	174.38	173.53	12.02
Total Common Shares Outstanding	348.76	218.7	200.16	174.38	173.53	11.8
Working Capital	15.34	16.05	6.65	-3.46	-2.41	-2.94
Book Value Per Share	-0.01	-0.06	-0.05	-0.03	0.03	-0.07
Tangible Book Value	-3.49	-13.17	-9.6	-7	0.95	-1.68
Tangible Book Value Per Share	-0.01	-0.06	-0.05	-0.04	0.01	-0.14
Machinery	-	1.84	2.26	2.46	2.52	1.31
Leasehold Improvements	-	-	-	0.36	0.76	0.34

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.