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SEDAR Interim Financial Statements

By The Northwire Desk — AI Analysis Apr 23, 2026 · 07:55 MTL · 18.2 Mullen Group Ltd
MTL · Price

[ { "companyName": "Mullen Group Ltd.", "reportingPeriodEnd": "2026-03-31", "reportStatus": "Unaudited", "auditorName": null, "auditorKeyMatters": null, "balanceSheet": { "cashAndCashEquivalents": 141749, "tradeAndOtherReceivables": 337532, "inventory": 45973, "derivativeFinancialInstrumentsCurrent": 0, "prepaidExpenses": 31985, "currentTaxReceivable": 19385, "totalCurrentAssets": 576624, "propertyPlantAndEquipment": 1075177, "rightOfUseAssets": 226971, "goodwill": 454303, "intangibleAssets": 200823, "investments": 41146, "deferredTaxAssets": 945, "otherAssets": 16118, "totalNonCurrentAssets": 2015483, "totalAssets": 2592107, "accountsPayableAndAccruedLiabilities": 223304, "dividendsPayable": 6714, "currentTaxPayable": 2147, "leaseLiabilitiesCurrent": 45325, "currentPortionOfLongTermDebt": 404, "totalCurrentLiabilities": 277894, "longTermDebt": 794682, "leaseLiabilities": 209677, "decommissioningLiabilities": 2463, "deferredTaxLiabilities": 161678, "totalNonCurrentLiabilities": 1168500, "shareCapital": 912154, "contributedSurplus": 30835, "accumulatedOtherComprehensiveIncome": 4110, "retainedEarnings": 198614, "totalEquity": 1145713, "totalLiabilitiesAndEquity": 2592107, "cashPerShare": 1.4789, "workingCapitalPerShare": 3.1168 }, "incomeStatement": { "revenue": 547696, "directOperatingExpenses": 390334, "sellingAndAdministrativeExpenses": 81315, "operatingIncomeBeforeDepreciationAndAmortization": 76047, "depreciationOfPropertyPlantAndEquipment": 18540, "depreciationOfRightOfUseAssets": 12536, "amortizationOfIntangibleAssets": 6874, "financeCosts": 13520, "netForeignExchangeLossGain": 3150, "otherIncomeExpense": -6335, "incomeBeforeIncomeTaxes": 27762, "incomeTaxExpense": 6716, "netIncome": 21046, "earningsPerShareBasic": 0.22, "earningsPerShareDiluted": 0.22, "weightedAverageNumberOfCommonSharesBasic": 95847462, "weightedAverageNumberOfCommonSharesDiluted": 96322984 }, "cashFlowStatement": { "netIncome": 21046, "adjustmentsDepreciationAndAmortization": 37950, "adjustmentsFinanceCosts": 13520, "adjustmentsStockBasedCompensation": 363, "adjustmentsForeignExchangeLossGainOnCrossCurrencySwaps": 237, "adjustmentsForeignExchangeLossGain": 4772, "adjustmentsOtherIncomeExpense": -6335, "adjustmentsIncomeTaxExpense": 6716, "cashFlowsFromOperatingActivitiesBeforeNonCashWorkingCapital": 78269, "changesInNonCashWorkingCapitalOperating": -38452, "cashGeneratedFromOperatingActivities": 39817, "incomeTaxPaid": -12471, "netCashFromOperatingActivities": 27346, "bankIndebtedness": 0, "proceedsOnDerivativeSettlement": 26361, "repurchaseOfCommonShares": 0, "cashDividendsPaid": -20116, "interestPaid": -2178, "repaymentOfLongTermDebt": -534, "repaymentOfLeaseLiabilities": -12310, "netProceedsFromCommonShareIssuances": 1278, "changesInNonCashWorkingCapitalFinancing": 833, "netCashUsedInFinancingActivities": -6666, "acquisitionsNetOfCash": -18299, "purchaseOfPropertyPlantAndEquipment": -12087, "proceedsOnSaleOfPropertyPlantAndEquipment": 3331, "interestReceived": 1054, "netInvestmentInFinanceLeases": 1131, "otherAssetsInvesting": 202, "dividendsFromEquityInvestees": 720, "changesInNonCashWorkingCapitalInvesting": 2637, "netCashUsedInInvestingActivities": -21311, "changeInCashAndCashEquivalents": -631, "cashAndCashEquivalentsAtBeginning": 144638, "effectOfExchangeRateFluctuations": -2258, "cashAndCashEquivalentsAtEnd": 141749 }, "investmentsAndOtherAssets": [ { "type": "Investments", "description": "Includes equity method investments and other investments measured at fair value. Level 1 investments at fair value: $2,211 thousand.", "ownershipPercentage": null, "value": 41146, "notes": "Note 4: Fair value hierarchy; includes equity investees (Note 5)." }, { "type": "Other Assets", "description": "Other non-current assets including long-term receivables and deposits.", "ownershipPercentage": null, "value": 16118, "notes": "Includes assets not separately classified." } ], "shareStructure": { "authorizedShares": "Unlimited number of Common Shares and Unlimited number of Preferred Shares", "issuedShares": 95911574, "classesOfShares": ["Common", "Preferred"], "warrants": [], "options": [], "rightsConvertibleInstruments": null }, "managementCompensation": null, "subsequentEvents": [ { "eventDate": "2026-04-21", "description": "Declaration of quarterly dividend of $0.07 per Common Share to holders of record on April 30, 2026.", "impactValue": 6714 } ] } ]

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