Phoenix Digital Assets Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.68	0.19	0.7	5.85	21.9	0.06
Cash & Short-Term Investments	0.68	0.19	0.7	5.85	21.9	0.06
Cash Growth	65.57%	-72.97%	-88.10%	-73.30%	39655.56%	-
Other Receivables	0.01	-	-	0.13	0.13	0.11
Receivables	0.01	-	-	0.13	0.13	0.11
Prepaid Expenses	-	0	0	-	-	-
Total Current Assets	0.69	0.19	0.7	5.97	22.03	0.17
Long-Term Investments	0.79	0.84	1.53	3.69	5.56	-
Other Intangible Assets	33.17	38.69	43.87	15.45	6.92	-
Total Assets	34.65	39.72	46.11	25.11	34.51	0.17
Accounts Payable	0.26	0.03	0.06	0.05	0.03	-
Accrued Expenses	-	0.78	0.66	0.04	0.09	0.01
Current Income Taxes Payable	7.85	7.85	-	-	-	-
Other Current Liabilities	-	0.01	0.02	0.01	0.01	-
Total Current Liabilities	10.52	8.68	0.75	0.1	0.12	0.01
Long-Term Deferred Tax Liabilities	1.95	1.95	2.54	-	-	-
Total Liabilities	12.47	10.63	3.29	0.1	0.12	0.01
Common Stock	0.46	0.46	1.01	1	1	0.11
Additional Paid-In Capital	0.74	0.71	0.02	33.32	33.32	0.09
Retained Earnings	20.36	26.94	38.74	-12.24	-2.87	-0.04
Treasury Stock	-1.12	-0.76	-	-	-	-
Comprehensive Income & Other	1.74	1.73	3.05	2.93	2.93	-
Shareholders' Equity	22.19	29.08	42.82	25.01	34.38	0.16
Total Liabilities & Equity	34.65	39.72	46.11	25.11	34.51	0.17
Net Cash (Debt)	-1.73	0.19	0.7	5.85	21.9	0.06
Net Cash Growth	-	-72.97%	-88.10%	-73.30%	39655.56%	-
Net Cash Per Share	-0.00	0.00	0.00	0.01	0.03	0.00
Filing Date Shares Outstanding	439.75	443.97	1,009	1,003	1,003	1,003
Total Common Shares Outstanding	439.75	443.97	1,009	1,003	1,003	110
Working Capital	-9.83	-8.49	-0.05	5.87	21.91	0.16
Book Value Per Share	0.05	0.07	0.04	0.02	0.03	0.00
Tangible Book Value	-10.99	-9.6	-1.06	9.56	27.46	0.16
Tangible Book Value Per Share	-0.02	-0.02	-0.00	0.01	0.03	0.00

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.