Maritime Resources Corp. (TSXV:MAE)

Maritime Resources 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	18.49	4.7	1.06	2.5	4.34	6.42
Short-Term Investments	2.38	0.08	0.07	0.07	0.07	0.09
Cash & Short-Term Investments	20.87	4.78	1.13	2.57	4.41	6.5
Cash Growth	3104.68%	323.98%	-56.17%	-41.64%	-32.23%	236.70%
Other Receivables	1.83	0.59	1.16	0.14	0.3	0.34
Receivables	1.83	0.59	1.16	0.14	0.3	0.34
Inventory	2.58	0.33	-	-	-	-
Prepaid Expenses	0.23	0.31	0.28	0.07	0.07	0.03
Restricted Cash	-	-	-	0.2	-	-
Other Current Assets	-	0.02	-	-	-	-
Total Current Assets	25.5	6.04	2.57	2.98	4.78	6.87
Property, Plant & Equipment	54.47	48.83	48.1	36.82	33.19	18.71
Long-Term Deferred Charges	-	-	-	-	-	0.28
Other Long-Term Assets	1.98	1.98	2.25	0.11	0.12	0.3
Total Assets	81.96	56.85	52.93	39.91	38.09	26.16
Accounts Payable	4.82	1	0.72	0.74	0.72	0.94
Accrued Expenses	-	0.33	0.17	0.1	0.1	0.07
Current Portion of Leases	0.21	0.13	0.12	0.08	0.09	0.02
Current Unearned Revenue	-	-	-	-	0.22	0.2
Total Current Liabilities	5.05	1.47	1	0.93	1.13	1.24
Long-Term Debt	6.81	6.56	5.27	-	-	-
Long-Term Leases	0.34	0.21	0.26	0.31	0.33	0.02
Long-Term Deferred Tax Liabilities	0.08	0.08	0.08	0.08	-	-
Other Long-Term Liabilities	6.04	6	7.34	0.72	0.72	-
Total Liabilities	18.32	14.3	13.95	2.03	2.18	1.26
Common Stock	81.18	61.11	51.98	49.16	45.13	33.4
Retained Earnings	-22.91	-22.16	-15.72	-13.51	-12.01	-10.69
Comprehensive Income & Other	5.38	3.61	2.72	2.23	2.79	2.18
Shareholders' Equity	63.64	42.55	38.97	37.88	35.91	24.89
Total Liabilities & Equity	81.96	56.85	52.93	39.91	38.09	26.16
Total Debt	7.39	6.89	5.64	0.39	0.42	0.04
Net Cash (Debt)	13.48	-2.11	-4.52	2.18	3.99	6.46
Net Cash Growth	-	-	-	-45.30%	-38.24%	236.26%
Net Cash Per Share	0.16	-0.03	-0.09	0.05	0.11	0.26
Filing Date Shares Outstanding	109.11	84.29	59.57	47.43	40.03	39.84
Total Common Shares Outstanding	109.11	83.1	54.57	47.43	39.95	31.2
Working Capital	20.45	4.57	1.57	2.05	3.65	5.63
Book Value Per Share	0.58	0.51	0.71	0.80	0.90	0.80
Tangible Book Value	63.64	42.55	38.97	37.88	35.91	24.89
Tangible Book Value Per Share	0.58	0.51	0.71	0.80	0.90	0.80
Machinery	-	9.98	10.92	1.48	1.54	0.03

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.