Blue Lagoon Resources Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1.59	1.41	0.82	1.06	8.69	3.54
Short-Term Investments	0.02	0	0.2	0.96	0.03	-
Cash & Short-Term Investments	1.61	1.41	1.01	2.01	8.71	3.54
Cash Growth	465.06%	39.63%	-49.69%	-76.91%	146.17%	183.50%
Other Receivables	0.15	1.11	0.06	0.14	0.14	0.23
Receivables	0.15	1.11	0.06	0.14	0.14	0.23
Prepaid Expenses	0.17	0.07	0.03	0.04	0.14	0.38
Other Current Assets	-	-	-	-	0.01	-
Total Current Assets	4.13	2.6	1.1	2.2	9	4.15
Property, Plant & Equipment	25.02	23.23	22.77	20.14	24.54	28.27
Long-Term Investments	-	-	0.02	0.41	0.08	0.1
Other Long-Term Assets	0.64	0.71	0.67	0.66	0.66	0.65
Total Assets	29.79	26.54	24.57	23.41	34.27	33.16
Accounts Payable	0.47	0.29	0.21	0.2	0.92	0.52
Accrued Expenses	0.08	0.07	0	-	0	0
Short-Term Debt	0.46	-	-	-	-	-
Other Current Liabilities	0.15	0.01	-	0.05	-	-
Total Current Liabilities	2.18	0.37	0.22	0.25	0.92	0.52
Long-Term Debt	-	-	-	-	0.06	0.05
Other Long-Term Liabilities	8.14	8.01	7.6	4.26	3.97	2.5
Total Liabilities	10.48	8.37	7.81	4.52	4.94	3.07
Common Stock	55.6	51.04	47.4	45.64	43.94	29.52
Retained Earnings	-47.1	-40.91	-37.49	-33.59	-21.38	-6.08
Comprehensive Income & Other	10.81	8.04	6.84	6.84	6.77	5.23
Total Common Equity	19.32	18.17	16.76	18.89	29.33	28.67
Minority Interest	-	-	-	-	-	1.42
Shareholders' Equity	19.32	18.17	16.76	18.89	29.33	30.09
Total Liabilities & Equity	29.79	26.54	24.57	23.41	34.27	33.16
Total Debt	0.67	-	-	-	0.06	0.05
Net Cash (Debt)	0.94	1.41	1.01	2.01	8.66	3.49
Net Cash Growth	230.02%	39.63%	-49.69%	-76.76%	148.06%	179.56%
Net Cash Per Share	0.01	0.01	0.01	0.02	0.10	0.06
Filing Date Shares Outstanding	150.07	131.42	114.04	101.36	98.21	88.61
Total Common Shares Outstanding	147.69	131.42	114.04	101.36	98.21	73.41
Working Capital	1.95	2.23	0.89	1.94	8.08	3.63
Book Value Per Share	0.13	0.14	0.15	0.19	0.30	0.39
Tangible Book Value	19.32	18.17	16.76	18.89	29.33	28.67
Tangible Book Value Per Share	0.13	0.14	0.15	0.19	0.30	0.39
Machinery	1.84	0.21	-	-	-	-

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