Example of Financial Info

Moms and Pops Shop Ltd

CAD (000's)

2021 2022 Q1 2023 Q2 2023 Q3 2023 2023

Net Sales 81,638 107,133 30,681 42,456 40,473 134,000

Total Cost of Sales 76,118 98,712 28,872 36,579 34,575 114,851

Gross Profit 5,520 8,421 1,810 5,877 5,898 19,149

SG&A 4,367 5,747 1,297 1,557 1,809 6,834

Operating Income 1,152 2,674 512 4,320 4,089 12,315

Other (Income)/Expense (367) (226) (44) 486 195 (725)

EBITDA Less Unrealized FX 1,519 2,900 468 4,239 3,817 13,041

Other Non Recurring Expenses 4,573 2,923 604 469 1,756 -

Adjusted EBITDA 6,092 5,823 1,072 4,708 5,573 13,041

Trillium Healthcare Products - Brockville

Balance Sheet
September 30, 2023

CAD (000's)

Dec-21 Dec-22 Mar-23 Jun-23 Sep-23

Actual Actual Actual Actual Actual

CURRENT ASSETS
Cash 1,807 2,121 661 976 653

Accounts Receivable 17,525 21,812 25,109 26,258 26,169

Income Taxes Receivable 0 1,367 1,367 1,367

Inventory 16,784 31,218 29,782 27,431 29,746

Prepaid Expenses 1,995 276 (326) (513) 2,415

TOTAL CURRENT ASSETS 38,111 56,794 56,593 55,519 58,983

NET PROPERTY, PLANT and EQUIPMENT 28,291 30,937 31,001 30,143 29,856

Goodwill 18,609 18,658 18,658 18,658 18,658

Intangible Assets 14,852 13,356 12,982 12,608 12,239

TOTAL ASSETS 99,863 119,745 119,234 116,928 119,736
CURRENT LIABILITIES

Notes Payable 11,460 27,587 28,143 27,695 27,040

Accounts Payable 18,671 20,455 16,487 16,554 17,091

Accrued Liabilities 2,530 2,025 3,656 1,759 4,867

Current Portion - Defr Revenue 37 932 216 188 188

Current Portion of LTD 224 1,149 1,154 1,240 5,042

TOTAL CURRENT LIABILITIES 32,922 52,148 49,656 47,436 54,228

LONG TERM LIABILITIES

Long Term Debt - Constant Currency 31,838 30,959 30,950 31,025 27,324

Long Term Debt - FX Revaluation (877) 1,217 1,191 488 1,078

Deferred Income Taxes 7,715 5,040 5,040 5,040 5,040

Deferred Revenue - Long Term 1,040 1,084 1,044 838 798

Deferred Financing Fees - Long Term (296) - - -

Capital lease liabilities - LT 168 84 205 152 118

Equipment Line - LT 2,530 1,909 1,759 1,609 1,459

Due To Related Companies - - - -

TOTAL LONG TERM LIABILITIES 42,118 40,293 40,189 39,152 35,817

TOTAL LIABILITIES 75,040 92,441 89,845 86,588 90,045

SHAREHOLDER'S EQUITY
Share Capital 33,500 42,872 47,872 47,872 47,872

Contributed Surplus 39 209 209 209 209

Retained Earnings (2,399) (6,610) (15,777) (15,777) (15,777)

Current Period Income (6,316) (9,167) (2,916) (1,964) (2,613)

TOTAL SHAREHOLDERS'S EQUITY 24,824 27,304 29,388 30,340 29,691