Profound Medical Corp.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $59.7M | $54.9M | $26.2M | $46.5M | $67.2M | $83.9M | $14.8M |
| Accounts Receivable | — | — | $7.3M | $5.8M | $4.6M | $6.4M | $2.0M |
| Inventory | $8.2M | $5.8M | $7.0M | $7.9M | $7.4M | $5.3M | $3.7M |
| Total Current Assets | $76.1M | $69.1M | $41.9M | $62.0M | $77.1M | $97.7M | $22.8M |
| Property, Plant & Equipment | $698.0K | $425.0K | $909.0K | — | — | — | — |
| Goodwill | — | — | — | — | $2.7M | $2.7M | $2.6M |
| Intangible Assets (Excl. Goodwill) | $138.0K | $261.0K | $490.0K | — | — | — | — |
| Total Assets | $77.5M | $70.2M | $44.0M | $64.4M | $86.8M | $104.6M | $30.1M |
| Liabilities | |||||||
| Accounts Payable | $1.6M | $1.3M | $865.0K | — | — | — | — |
| Total Current Liabilities | $6.1M | $6.6M | $6.4M | $4.2M | $4.2M | $4.8M | $8.2M |
| Long-Term Debt | $4.5M | $2.9M | $5.0M | $7.2M | — | — | $5.2M |
| Total Liabilities | $11.0M | $9.8M | $12.7M | $11.8M | $6.2M | $7.3M | $15.7M |
| Stockholders' Equity | |||||||
| Retained Earnings | $-287.7M | $-245.2M | $-217.4M | $-189.4M | $-160.7M | $-130.0M | $-108.4M |
| Total Stockholders' Equity | $66.4M | $60.4M | $31.2M | $52.6M | $80.6M | $97.4M | $14.4M |