ASX:AVR Balance Sheet

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

Millions USD. 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	12.08	70.46	21.09	9.38	15.49
Cash & Short-Term Investments	12.08	70.46	21.09	9.38	15.49
Cash Growth	-82.86%	234.10%	124.76%	-39.41%	361.03%
Accounts Receivable	0.03	0.21	0.41	0.44	0.21
Other Receivables	0.28	2.83	1.44	1.08	1.65
Receivables	0.31	3.04	1.85	1.52	1.86
Inventory	0.15	0.51	0.44	0.36	0.55
Prepaid Expenses	0.64	0.64	0.85	1.02	0.89
Restricted Cash	0.5	-	-	-	-
Other Current Assets	2	-	-	-	-
Total Current Assets	15.68	74.65	24.22	12.28	18.79
Property, Plant & Equipment	7.26	5.86	5.48	3.07	1.82
Other Intangible Assets	0.07	0.19	0.41	0.61	0.83
Other Long-Term Assets	-	-	0.42	-	-
Total Assets	23	80.7	30.53	15.96	21.44
Accounts Payable	11.09	5.89	3.14	1.73	2.23
Accrued Expenses	9.19	8.48	4.73	0.45	0.35
Short-Term Debt	-	-	-	-	3.4
Current Portion of Long-Term Debt	0.02	0	0.01	-	-
Current Portion of Leases	0.57	0.75	0.66	0.51	0.45
Other Current Liabilities	0.51	1.44	0.92	2.43	2.96
Total Current Liabilities	21.37	16.56	9.46	5.13	9.41
Long-Term Debt	0.02	-	0	-	-
Long-Term Leases	1.68	0.65	0.92	0.44	0.31
Other Long-Term Liabilities	0.18	0.81	1.25	1.41	1.29
Total Liabilities	23.25	18.02	11.63	6.97	11
Common Stock	0	0	0	143.98	125.53
Additional Paid-In Capital	380.71	350.04	228.95	-	-
Retained Earnings	-370.53	-276.39	-200.1	-137.31	-114.65
Comprehensive Income & Other	-10.28	-10.89	-9.56	2.31	-0.44
Total Common Equity	-0.09	62.76	19.3	8.98	10.43
Minority Interest	-0.16	-0.08	-0.4	-	-
Shareholders' Equity	-0.25	62.68	18.9	8.98	10.43
Total Liabilities & Equity	23	80.7	30.53	15.96	21.44
Total Debt	2.28	1.4	1.6	0.96	4.17
Net Cash (Debt)	9.79	69.06	19.49	8.43	11.32
Net Cash Growth	-85.82%	254.30%	131.31%	-25.56%	2468.23%
Net Cash Per Share	0.27	3.41	1.25	0.63	1.53
Filing Date Shares Outstanding	97.23	36.02	17.82	13.9	11.09
Total Common Shares Outstanding	41.58	35.94	17.82	13.9	11.09
Working Capital	-5.7	58.09	14.77	7.15	9.38
Book Value Per Share	-0.00	1.75	1.08	0.65	0.94
Tangible Book Value	-0.16	62.57	18.89	8.37	9.6
Tangible Book Value Per Share	-0.00	1.74	1.06	0.60	0.87
Machinery	11.23	9.14	7.62	4.86	3.62
Construction In Progress	0.25	0.21	-	-	-

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