Financial Statements — ZTEK
Balance Sheet
(in millions CAD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 |
|---|
| Cash & Equivalents | 0.12 | 3.52 | 10.36 | 26.68 |
| Inventory | 0.89 | 1.42 | 2.85 | 0.67 |
| Total Current Assets | 4.37 | 6.25 | 17.95 | 31.96 |
| Total Non-current Assets | 14.03 | 16.34 | 15.34 | 6.03 |
| Total Assets | 18.40 | 22.59 | 33.29 | 37.98 |
| Total Current Liabilities | 3.49 | 1.82 | 2.42 | 2.30 |
| Total Non-current Liabilities | 0.16 | 0.59 | 0.48 | 1.13 |
| Total Liabilities | 3.65 | 2.41 | 2.90 | 3.44 |
| Retained Earnings | (83.85) | (76.62) | (66.20) | (59.18) |
| Total Stockholder Equity | 14.75 | 20.17 | 30.38 | 34.55 |
Income Statement
(in millions CAD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 |
|---|
| Total Revenue | -- | -- | 0.07 | 0.35 |
| Gross Profit | 0.23 | -- | -- | -- |
| Research & Development | 0.47 | 1.78 | 1.65 | 1.54 |
| Total Operating Expenses* | 9.83 | -- | -- | -- |
| Operating Income | (9.61) | (12.40) | (14.97) | (39.23) |
| Interest Expense | 0.09 | 0.11 | 0.12 | 0.06 |
| Pretax Income* | (10.04) | (11.70) | (14.41) | (38.69) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (10.04) | (11.70) | (14.41) | (38.69) |
| Basic EPS | (0.10) | (0.12) | (0.14) | -- |
| Diluted EPS | (0.10) | (0.12) | (0.14) | 0.42 |
* Derived from reported values
Cash Flow Statement
(in millions CAD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 |
|---|
| Operating Cash Flow | (6.28) | (8.05) | (12.96) | (7.99) |
| Investing Cash Flow | 0.36 | 1.88 | (2.31) | -- |
| Financing Cash Flow | 2.52 | (0.67) | (1.05) | 38.82 |
