Flagship Minerals Limited (ASX:FLG)

Flagship Minerals Balance Sheet

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

Assets

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	1.36	0.12	0.05	0.91	5.27
Cash & Short-Term Investments	1.36	0.12	0.05	0.91	5.27
Cash Growth	993.63%	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	0.02	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

Liabilities

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
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

Shareholders' Equity

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
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

Additional Metrics

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
Total Debt	0.16	0.86	0.05	0.07	0.03
Net Cash (Debt)	1.2	-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	320.23	203.59	167.82	155.11	146.59
Total Common Shares Outstanding	311.3	202.32	167.82	146.86	146.59
Working Capital	0.58	-1.58	-1.31	0.6	4.91
Book Value Per Share	0.04	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	0.04	0.05	0.06	0.07	0.08
Machinery	0.11	0.11	0.14	0.14	0.1

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 23, 2026

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