True North Copper 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
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Cash & Equivalents	12.81	15.48	3.49	0.05
Cash & Short-Term Investments	12.81	15.48	3.49	0.05
Cash Growth	-17.23%	343.40%	6433.54%	-
Accounts Receivable	-	0.41	0.26	-
Other Receivables	0.44	0.34	1.59	0.36
Receivables	0.44	0.75	1.85	0.36
Inventory	0.22	0.36	-	-
Prepaid Expenses	-	-	-	0.52
Other Current Assets	2	0.68	1.4	0.15
Total Current Assets	15.47	17.26	6.74	1.09
Property, Plant & Equipment	51.15	55.65	68.24	21.68
Long-Term Investments	0.24	0.25	-	-
Other Long-Term Assets	31.84	38.53	0.32	-
Total Assets	98.69	111.69	75.3	22.77
Accounts Payable	1.44	1.1	5.42	0.29
Accrued Expenses	0.16	0.34	0.11	0
Short-Term Debt	-	0.01	-	5.29
Current Portion of Long-Term Debt	-	5.43	-	-
Current Portion of Leases	-	0.09	0.08	-
Other Current Liabilities	0.16	19.72	11.01	0.22
Total Current Liabilities	1.77	26.68	16.62	5.8
Long-Term Debt	-	20.03	-	-
Long-Term Leases	-	0.24	0.33	-
Long-Term Unearned Revenue	7.5	-	-	-
Other Long-Term Liabilities	15.34	19.3	28.79	20.68
Total Liabilities	24.61	66.24	45.74	26.48
Common Stock	161.53	105.35	67.03	0
Retained Earnings	-91.24	-62.82	-37.76	-3.71
Comprehensive Income & Other	3.79	2.92	0.29	-
Shareholders' Equity	74.08	45.45	29.56	-3.71
Total Liabilities & Equity	98.69	111.69	75.3	22.77
Total Debt	-	25.79	0.41	5.29
Net Cash (Debt)	12.81	-10.31	3.09	-5.23
Net Cash Per Share	0.19	-1.83	1.68	-5.23
Filing Date Shares Outstanding	127.38	10.3	4.62	1
Total Common Shares Outstanding	127.38	10.3	4.62	1
Working Capital	13.71	-9.42	-9.88	-4.71
Book Value Per Share	0.58	4.41	6.40	-3.71
Tangible Book Value	74.08	45.45	29.56	-3.71
Tangible Book Value Per Share	0.58	4.41	6.40	-3.71
Land	-	0.2	0.2	0.2
Buildings	0.14	0.23	0.23	-
Machinery	9.92	6.38	0.45	-
Construction In Progress	-	0.05	-	-

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