Ionic Rare Earths Balance Sheet

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	0.6	2.03	11.12	26.76	11.06
Trading Asset Securities	0.05	2.92	-	-	-
Cash & Short-Term Investments	0.65	4.94	11.12	26.76	11.06
Cash Growth	-86.90%	-55.52%	-58.46%	142.05%	1232.10%
Accounts Receivable	-	-	-	0.53	0.06
Other Receivables	0.17	0.07	1.1	-	-
Receivables	0.17	0.07	1.1	0.53	0.06
Inventory	0.55	1.07	0.79	-	-
Prepaid Expenses	-	-	0.22	-	-
Other Current Assets	0.06	0.17	-	0.07	0.02
Total Current Assets	1.43	6.26	13.24	27.36	11.13
Property, Plant & Equipment	1.68	2.39	3.93	12.6	3.41
Long-Term Investments	24.22	23.93	21.93	3.93	3.54
Other Intangible Assets	5.2	4.99	5.43	5.08	-
Other Long-Term Assets	0.04	-	-	-	-
Total Assets	32.56	37.57	44.52	48.97	18.08
Accounts Payable	1.46	0.57	0.82	0.61	0.39
Accrued Expenses	0.34	-	-	-	-
Current Portion of Leases	0.13	0.12	0.01	0.03	-
Other Current Liabilities	0.81	-	-	-	-
Total Current Liabilities	2.73	0.69	0.82	0.64	0.39
Long-Term Leases	0.24	0.37	-	0.01	-
Long-Term Deferred Tax Liabilities	-	-	-	0.03	-
Total Liabilities	2.97	1.06	0.82	0.68	0.39
Common Stock	95.09	92.13	78.33	82.78	47.36
Retained Earnings	-73.56	-67.32	-46.12	-37.58	-32.93
Comprehensive Income & Other	8.07	11.7	11.48	3.08	3.26
Shareholders' Equity	29.59	36.51	43.7	48.29	17.69
Total Liabilities & Equity	32.56	37.57	44.52	48.97	18.08
Total Debt	0.37	0.49	0.01	0.03	-
Net Cash (Debt)	0.28	4.46	11.11	26.72	11.06
Net Cash Growth	-93.73%	-59.89%	-58.43%	141.73%	1232.10%
Net Cash Per Share	0.00	0.03	0.09	0.23	0.12
Filing Date Shares Outstanding	175.58	161.04	131.87	129.09	106.88
Total Common Shares Outstanding	175.58	161.04	131.54	129.09	106.88
Working Capital	-1.31	5.57	12.41	26.71	10.74
Book Value Per Share	0.17	0.23	0.33	0.37	0.17
Tangible Book Value	24.4	31.52	38.27	43.21	17.69
Tangible Book Value Per Share	0.14	0.20	0.29	0.33	0.17
Machinery	4.1	3.92	2.61	0.38	-
Leasehold Improvements	0.15	0.15	0.12	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.