Flagship Minerals Limited (ASX:FLG)

Flagship Minerals Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.38	0.12	0.05	0.91	5.27
Cash & Short-Term Investments	1.38	0.12	0.05	0.91	5.27
Cash Growth	1011.72%	126.53%	-93.94%	-82.83%	118.17%
Other Receivables	0.71	0.48	0.2	0.13	0.03
Receivables	0.71	0.48	0.2	0.13	0.03
Prepaid Expenses	0.14	0.02	0.03	0.09	0.04
Other Current Assets	-	0.02	0.07	0.06	-
Total Current Assets	2.23	0.65	0.34	1.19	5.34
Property, Plant & Equipment	13.34	12.56	12.12	9.85	7.57
Other Long-Term Assets	0.02	0.01	0.02	0.02	0.02
Total Assets	15.59	13.22	12.48	11.06	12.93
Accounts Payable	-	-	-	-	0.01
Accrued Expenses	0.21	0.21	0.33	0.43	0.31
Short-Term Debt	0.16	0.83	-	-	-
Current Portion of Leases	-	0.03	0.02	0.02	0.03
Other Current Liabilities	1.29	1.16	1.3	0.14	0.09
Total Current Liabilities	1.65	2.23	1.65	0.59	0.44
Long-Term Leases	-	-	0.03	0.05	-
Pension & Post-Retirement Benefits	0.04	0.03	0.04	0.03	0.05
Total Liabilities	1.69	2.26	1.72	0.66	0.49
Common Stock	23.8	18.78	16.73	13.07	12.97
Retained Earnings	-10.77	-8.05	-5.87	-2.53	-0.48
Comprehensive Income & Other	0.86	0.23	-0.1	-0.15	-0.05
Shareholders' Equity	13.89	10.96	10.76	10.4	12.44
Total Liabilities & Equity	15.59	13.22	12.48	11.06	12.93
Total Debt	0.16	0.86	0.05	0.07	0.03
Net Cash (Debt)	1.22	-0.74	0.01	0.83	5.25
Net Cash Growth	-	-	-99.39%	-84.12%	122.32%
Net Cash Per Share	0.01	-0.00	0.00	0.01	0.04
Filing Date Shares Outstanding	259.68	203.59	167.82	155.11	146.59
Total Common Shares Outstanding	259.68	202.32	167.82	146.86	146.59
Working Capital	0.58	-1.58	-1.31	0.6	4.91
Book Value Per Share	0.05	0.05	0.06	0.07	0.08
Tangible Book Value	13.89	10.96	10.76	10.4	12.44
Tangible Book Value Per Share	0.05	0.05	0.06	0.07	0.08
Machinery	-	0.11	0.14	0.14	0.1

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