Strategem Capital Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Cash & Equivalents	0.92	0.7	0.23	1.78	2.12	Upgrade
Short-Term Investments	0.47	0.53	3.67	0.25	0.31	Upgrade
Trading Asset Securities	9.53	9.2	5.92	9.62	30.65	Upgrade
Cash & Short-Term Investments	10.92	10.42	9.81	11.65	33.08	Upgrade
Cash Growth	4.75%	6.19%	-15.75%	-64.78%	250.65%	Upgrade
Accounts Receivable	-	-	-	-	0.04	Upgrade
Receivables	-	-	-	-	0.04	Upgrade
Total Current Assets	10.92	10.42	9.81	11.65	33.12	Upgrade
Total Assets	10.92	10.42	9.81	11.65	33.12	Upgrade
Accounts Payable	0.03	0.03	0.03	0.04	0.04	Upgrade
Accrued Expenses	-	-	-	0.01	0.9	Upgrade
Other Current Liabilities	0.02	0	0	-	-	Upgrade
Total Current Liabilities	0.05	0.03	0.03	0.05	0.94	Upgrade
Long-Term Deferred Tax Liabilities	-	-	-	-	2.73	Upgrade
Total Liabilities	0.05	0.03	0.03	0.05	3.66	Upgrade
Common Stock	11.47	11.47	11.51	11.6	11.83	Upgrade
Retained Earnings	-0.61	-1.08	-1.73	0	17.63	Upgrade
Shareholders' Equity	10.86	10.39	9.78	11.6	29.46	Upgrade
Total Liabilities & Equity	10.92	10.42	9.81	11.65	33.12	Upgrade
Net Cash (Debt)	10.92	10.42	9.81	11.65	33.08	Upgrade
Net Cash Growth	4.75%	6.19%	-15.75%	-64.78%	250.65%	Upgrade
Net Cash Per Share	1.20	1.14	1.06	1.24	4.41	Upgrade
Filing Date Shares Outstanding	9.11	9.11	9.19	9.38	9.38	Upgrade
Total Common Shares Outstanding	9.11	9.11	9.2	9.31	9.44	Upgrade
Working Capital	10.86	10.39	9.78	11.6	32.18	Upgrade
Book Value Per Share	1.19	1.14	1.06	1.25	3.12	Upgrade
Tangible Book Value	10.86	10.39	9.78	11.6	29.46	Upgrade
Tangible Book Value Per Share	1.19	1.14	1.06	1.25	3.12	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.