Metals X Balance Sheet

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Cash & Equivalents	293.61	220.64	143.04	113.93	122.25
Cash & Short-Term Investments	293.61	220.64	143.04	113.93	122.25
Cash Growth	33.07%	54.25%	25.55%	-6.80%	674.80%
Accounts Receivable	32.26	5.5	12.37	9.18	3.42
Other Receivables	3.25	2.85	3.32	7.16	8.24
Receivables	38.63	10.83	16.77	17.41	12.02
Inventory	29.49	37.57	28.59	22.95	23.58
Prepaid Expenses	1.73	2.2	1.6	1.16	0.59
Other Current Assets	-	-	3.63	10.84	14.24
Total Current Assets	363.46	271.24	193.63	166.29	172.68
Property, Plant & Equipment	184.28	171.79	154.25	114.42	101.21
Long-Term Investments	21.8	14.04	2.37	3.14	3.14
Long-Term Deferred Tax Assets	-	8.43	26.31	38.54	42.53
Other Long-Term Assets	4.66	3.86	3.46	3.46	3.46
Total Assets	618.51	505.03	392.94	355.2	351.68
Accounts Payable	4.08	10.39	8.89	3.62	3.58
Accrued Expenses	8.25	7.3	6.4	4.52	3.55
Short-Term Debt	0.88	0.63	1.27	-	-
Current Portion of Leases	1.97	3.02	2.77	1.93	1.95
Current Income Taxes Payable	23.48	-	-	-	-
Current Unearned Revenue	-	11.93	-	1.63	8.49
Other Current Liabilities	13.02	10.59	7.52	7.85	7.13
Total Current Liabilities	51.68	43.86	26.84	19.56	24.68
Long-Term Leases	0.44	2.51	4.33	1.41	1.61
Long-Term Deferred Tax Liabilities	1.76	-	-	-	-
Other Long-Term Liabilities	32.1	30.89	27.54	14.58	15.71
Total Liabilities	85.98	77.26	58.7	35.55	42
Common Stock	311.26	311.26	319.57	319.57	319.57
Retained Earnings	221.62	89.2	-13.15	-27.74	-37.7
Comprehensive Income & Other	-0.35	27.32	27.82	27.82	27.82
Shareholders' Equity	532.53	427.77	334.23	319.65	309.68
Total Liabilities & Equity	618.51	505.03	392.94	355.2	351.68
Total Debt	3.29	6.15	8.36	3.34	3.56
Net Cash (Debt)	290.32	214.49	134.69	110.59	118.69
Net Cash Growth	35.35%	59.25%	21.79%	-6.83%	-
Net Cash Per Share	0.33	0.24	0.15	0.12	0.13
Filing Date Shares Outstanding	886.39	886.39	907.27	907.27	907.27
Total Common Shares Outstanding	886.39	886.39	907.27	907.27	907.27
Working Capital	311.78	227.39	166.79	146.73	148
Book Value Per Share	0.60	0.48	0.37	0.35	0.34
Tangible Book Value	532.53	427.77	334.23	319.65	309.68
Tangible Book Value Per Share	0.60	0.48	0.37	0.35	0.34
Land	30.8	29.9	28.31	10.91	10.91
Machinery	103.79	95.75	75.76	60.84	59.76
Construction In Progress	19.34	14.59	18.84	41.75	31.15

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.