Cornish 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 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Cash & Equivalents	22.65	5.32	15.33	4.05	0.2
Short-Term Investments	0.09	1.6	1.58	0.92	0.57
Cash & Short-Term Investments	22.74	6.92	16.92	4.97	0.77
Cash Growth	228.64%	-59.10%	240.12%	542.18%	-27.08%
Other Receivables	2.07	0.3	0.66	0.06	0.01
Receivables	2.07	0.3	0.66	0.06	0.01
Prepaid Expenses	0.46	0.28	0.35	0.14	0.02
Other Current Assets	0.22	1.55	0.08	-	0.48
Total Current Assets	25.5	9.05	18.01	5.17	1.29
Property, Plant & Equipment	85.74	59.45	43.9	15.93	9.05
Other Intangible Assets	-	-	-	0	0
Other Long-Term Assets	0.06	0.04	0.05	0.02	0.02
Total Assets	111.3	68.54	61.96	21.12	10.37
Accounts Payable	5.21	0.75	1.79	0.25	0.45
Accrued Expenses	-	0.85	1.22	0.11	0.09
Short-Term Debt	-	7.47	-	-	-
Current Portion of Leases	0.07	-	-	0	0.01
Current Unearned Revenue	-	0.73	-	-	-
Other Current Liabilities	-	-	-	3.54	0
Total Current Liabilities	5.28	9.8	3.01	3.9	0.55
Long-Term Debt	-	-	-	-	3.42
Long-Term Leases	0.19	-	-	0	-
Other Long-Term Liabilities	5.1	5.48	5.39	5.1	1.65
Total Liabilities	10.56	15.28	8.4	9	5.62
Common Stock	0.11	71.28	76.33	33.28	23.24
Additional Paid-In Capital	-	1.11	1.19	1.18	1.15
Retained Earnings	1.73	-24.13	-25.2	-22.59	-20.36
Comprehensive Income & Other	98.89	4.99	1.24	0.27	0.73
Shareholders' Equity	100.74	53.26	53.56	12.12	4.75
Total Liabilities & Equity	111.3	68.54	61.96	21.12	10.37
Total Debt	0.26	7.47	-	0	3.43
Net Cash (Debt)	22.48	-0.55	16.92	4.97	-2.66
Net Cash Growth	-	-	240.31%	-	-
Net Cash Per Share	0.20	-0.01	0.32	0.19	-0.20
Filing Date Shares Outstanding	125.59	66.91	53.53	28.59	26.94
Total Common Shares Outstanding	125.59	53.53	53.53	28.59	14.99
Working Capital	20.22	-0.75	15	1.27	0.74
Book Value Per Share	0.80	1.00	1.00	0.42	0.32
Tangible Book Value	100.74	53.26	53.56	12.12	4.75
Tangible Book Value Per Share	0.80	1.00	1.00	0.42	0.32
Land	-	2.69	1.07	1.06	1.05
Machinery	-	14.1	11.74	0.21	0.23
Construction In Progress	-	1.09	2.13	2.63	2.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.