EarthLabs Inc. (TSXV:SPOT)

EarthLabs Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.12	5.23	25.35	6.56	4.47
Short-Term Investments	34.7	37.23	24.02	43.17	17.82
Cash & Short-Term Investments	38.82	42.46	49.37	49.73	22.29
Cash Growth	-8.57%	-13.99%	-0.73%	123.11%	131.34%
Accounts Receivable	0.52	0.12	0.12	1.29	0.49
Other Receivables	0.32	0.91	-	0.45	-
Receivables	0.84	1.03	0.12	1.74	0.49
Prepaid Expenses	0.28	0.27	0.15	0.39	0.09
Other Current Assets	0.42	0.49	3.18	0.61	0.53
Total Current Assets	40.35	44.25	52.81	52.47	23.39
Property, Plant & Equipment	1.13	1.25	0.15	1.64	0.34
Goodwill	0.62	0.62	2.21	9.04	-
Other Intangible Assets	2.83	3.13	8.11	9.98	-
Total Assets	44.93	49.25	63.27	73.13	23.73
Accounts Payable	1.7	1.29	1	2.46	0.3
Accrued Expenses	0.2	0.04	0.44	0.05	0.23
Short-Term Debt	0.73	-	-	-	-
Current Portion of Long-Term Debt	-	0.25	-	-	-
Current Portion of Leases	0.14	0.12	0.05	0.14	0.1
Current Income Taxes Payable	-	-	1.02	0	-
Current Unearned Revenue	3.45	1.92	1	6.07	3.12
Other Current Liabilities	-	-	-	-	0.01
Total Current Liabilities	6.22	3.63	3.52	8.72	3.76
Long-Term Debt	-	0.73	-	-	-
Long-Term Leases	0.89	1.03	0.09	0.09	0.18
Long-Term Deferred Tax Liabilities	-	0.2	1.57	3.29	1.4
Total Liabilities	7.11	5.59	5.18	12.11	5.34
Common Stock	46.53	46.43	46.15	43.99	12.98
Additional Paid-In Capital	6.04	5.8	3.85	2.08	1.45
Retained Earnings	-14.75	-8.56	8.06	14.91	3.87
Comprehensive Income & Other	-	-	0.04	0.04	-
Total Common Equity	37.83	43.66	58.1	61.02	18.29
Minority Interest	-	-	-	-	0.1
Shareholders' Equity	37.83	43.66	58.1	61.02	18.39
Total Liabilities & Equity	44.93	49.25	63.27	73.13	23.73
Total Debt	1.76	2.14	0.14	0.23	0.28
Net Cash (Debt)	37.06	40.32	49.23	49.5	22.01
Net Cash Growth	-8.09%	-18.09%	-0.55%	124.93%	134.16%
Net Cash Per Share	0.27	0.29	0.36	0.42	0.23
Filing Date Shares Outstanding	137.8	137.39	137.39	136.5	94.72
Total Common Shares Outstanding	137.8	137.39	136.56	133.4	94.72
Working Capital	34.14	40.62	49.29	43.74	19.63
Book Value Per Share	0.27	0.32	0.43	0.46	0.19
Tangible Book Value	34.37	39.91	47.78	42	18.29
Tangible Book Value Per Share	0.25	0.29	0.35	0.31	0.19
Machinery	-	0.06	0.01	1.51	0.1
Leasehold Improvements	-	0.03	-	-	-

Updated Nov 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.