Element 25 Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	7.77	2.16	11.33	28.89	14.93	34.82
Trading Asset Securities	0.28	0.34	0.24	0.65	2.05	3.33
Cash & Short-Term Investments	8.05	2.5	11.57	29.54	16.98	38.15
Cash Growth	65.87%	-78.39%	-60.83%	73.94%	-55.49%	445.06%
Accounts Receivable	0.3	0.1	0.19	-	5.83	-
Other Receivables	-	0.21	0.43	0.35	0.72	0.56
Receivables	0.3	0.31	0.62	0.35	6.55	0.56
Inventory	6.88	6.88	7.95	12.14	11.48	5.44
Prepaid Expenses	-	0.18	0.24	0.63	0.34	0.22
Total Current Assets	15.24	9.87	20.37	42.65	35.35	44.38
Property, Plant & Equipment	54.75	51.84	44.29	24.89	24.94	23.81
Other Long-Term Assets	0.53	0.53	0.53	0.53	0.63	0.78
Total Assets	70.52	62.23	65.19	68.06	60.92	68.97
Accounts Payable	0.69	0.13	4.49	5.77	4.79	0.76
Accrued Expenses	3.59	3.61	0.63	0.63	0.54	0.44
Current Portion of Leases	0.12	0.18	0.18	0.37	0.34	0.38
Current Unearned Revenue	-	-	-	-	5.83	-
Other Current Liabilities	1.27	1.45	1.08	3.64	1.71	4.14
Total Current Liabilities	5.68	5.37	6.37	10.4	13.21	5.71
Long-Term Leases	0.06	0.11	-	0.18	0.55	0.78
Other Long-Term Liabilities	1.69	1.69	1.68	2.06	1.88	-
Total Liabilities	7.43	7.16	8.06	12.64	15.64	6.5
Common Stock	147.72	138.01	134.53	111.45	77.69	76.79
Retained Earnings	-92.46	-90.56	-84.69	-63.18	-38.25	-20.15
Comprehensive Income & Other	7.83	7.62	7.29	7.16	5.84	5.83
Shareholders' Equity	63.08	55.07	57.13	55.43	45.28	62.47
Total Liabilities & Equity	70.52	62.23	65.19	68.06	60.92	68.97
Total Debt	0.19	0.28	0.18	0.55	0.89	1.16
Net Cash (Debt)	7.87	2.22	11.39	28.99	16.09	36.99
Net Cash Growth	94.08%	-80.52%	-60.71%	80.16%	-56.50%	428.52%
Net Cash Per Share	0.03	0.01	0.05	0.17	0.11	0.28
Filing Date Shares Outstanding	267.78	230.61	221.91	217.53	152.71	148.79
Total Common Shares Outstanding	267.78	230.61	219.53	194.96	152.71	148.79
Working Capital	9.56	4.5	14	32.25	22.14	38.66
Book Value Per Share	0.24	0.24	0.26	0.28	0.30	0.42
Tangible Book Value	63.08	55.07	57.13	55.43	45.28	62.47
Tangible Book Value Per Share	0.24	0.24	0.26	0.28	0.30	0.42
Buildings	3.25	4.73	4.73	4.66	4.65	4.77
Machinery	9.44	12.67	12.65	12.31	11.91	11.57
Construction In Progress	30.82	27.98	20.96	1.03	0.08	0.18

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