Advanced Energy Minerals Balance Sheet

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	39.82	2.93	0.09	0.28
Short-Term Investments	0.17	-	-	-
Cash & Short-Term Investments	39.99	2.93	0.09	0.28
Cash Growth	1266.23%	3172.80%	-67.68%	-
Accounts Receivable	0.2	-	0	0.22
Other Receivables	0.26	0.69	0.02	0.03
Receivables	1.89	1.14	0.02	0.24
Inventory	0.71	0.43	-	0.63
Prepaid Expenses	0.54	7.51	0.09	0.15
Other Current Assets	-	-	0.52	-
Total Current Assets	43.13	12.01	0.72	1.31
Property, Plant & Equipment	121.1	107.23	0.87	14.73
Goodwill	52.2	52.2	-	-
Other Intangible Assets	0.68	0.78	-	0.37
Total Assets	217.1	172.21	1.59	16.41
Accounts Payable	3.07	2.96	0.26	1.73
Accrued Expenses	0.4	0.14	0.09	0.19
Short-Term Debt	1.41	27	-	7.84
Current Portion of Long-Term Debt	0.03	0.02	0.11	-
Current Portion of Leases	0.24	0.57	-	-
Other Current Liabilities	-	15.56	0.03	-
Total Current Liabilities	5.14	46.25	0.49	9.76
Long-Term Debt	11.18	6.17	-	0.12
Long-Term Deferred Tax Liabilities	11.86	16.2	-	-
Total Liabilities	28.19	68.63	0.49	9.88
Common Stock	186.42	76.06	23.01	21.02
Retained Earnings	-3.25	25.42	-23.56	-16.16
Comprehensive Income & Other	5.74	2.1	1.47	1.07
Total Common Equity	188.92	103.58	0.92	5.92
Minority Interest	-	-	0.18	0.61
Shareholders' Equity	188.92	103.58	1.1	6.53
Total Liabilities & Equity	217.1	172.21	1.59	16.41
Total Debt	12.86	33.77	0.11	7.96
Net Cash (Debt)	27.13	-30.84	-0.02	-7.68
Net Cash Per Share	0.05	-0.10	-0.00	-
Filing Date Shares Outstanding	589.5	305.18	163.93	-
Total Common Shares Outstanding	589.5	305.18	163.93	-
Working Capital	37.99	-34.25	0.23	-8.45
Book Value Per Share	0.32	0.34	0.01	-
Tangible Book Value	136.04	50.61	0.92	5.55
Tangible Book Value Per Share	0.23	0.17	0.01	-
Land	7.56	1.05	-	0.4
Machinery	116.27	98.97	-	9.24
Construction In Progress	2.97	10.39	-	0
Leasehold Improvements	-	-	-	0.02

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