Switch Metals Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 31, 2024
Cash & Equivalents	0.54	0.07	0.78
Cash & Short-Term Investments	0.54	0.07	0.78
Cash Growth	667.45%	-91.06%	-
Other Receivables	0.02	0.04	0.02
Receivables	0.02	0.04	0.02
Prepaid Expenses	0.03	0.02	0.02
Total Current Assets	0.59	0.13	0.82
Property, Plant & Equipment	3.37	-	-
Total Assets	3.96	0.52	0.82
Accounts Payable	0.06	0.15	0
Accrued Expenses	0.21	0.28	0.03
Short-Term Debt	-	0.05	-
Current Income Taxes Payable	0	0	0
Total Current Liabilities	0.27	0.49	0.03
Total Liabilities	0.27	0.49	0.03
Common Stock	1	0.38	0.38
Additional Paid-In Capital	5.92	1.03	1.03
Retained Earnings	-3.76	-1.53	-0.69
Comprehensive Income & Other	0.52	0.15	0.07
Shareholders' Equity	3.69	0.03	0.78
Total Liabilities & Equity	3.96	0.52	0.82
Total Debt	-	0.05	-
Net Cash (Debt)	0.54	0.02	0.78
Net Cash Growth	2619.48%	-97.48%	-
Net Cash Per Share	0.01	0.00	0.02
Filing Date Shares Outstanding	118.11	44.52	36.24
Total Common Shares Outstanding	118.11	44.52	36.24
Working Capital	0.31	-0.36	0.78
Book Value Per Share	0.03	0.00	0.02
Tangible Book Value	3.69	0.03	0.78
Tangible Book Value Per Share	0.03	0.00	0.02
Machinery	0.13	-	-