Forte Minerals Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8.15	1.12	0.15	1.35	0.14	0.78
Cash & Short-Term Investments	8.15	1.12	0.15	1.35	0.14	0.78
Cash Growth	461.39%	629.86%	-88.56%	842.50%	-81.63%	286.71%
Other Receivables	0.12	0.02	0.01	0.01	0.01	0.03
Receivables	0.12	0.02	0.01	0.14	0.01	0.03
Prepaid Expenses	0.13	0.04	0.1	0.05	-	0
Total Current Assets	8.4	1.19	0.27	1.53	0.15	0.81
Property, Plant & Equipment	1.64	1.64	0.95	0.95	0.95	0.95
Long-Term Deferred Charges	-	-	-	-	0.17	-
Total Assets	10.04	2.83	1.21	2.48	1.4	1.87
Accounts Payable	0.09	0.14	0.03	0.04	0.12	0.13
Accrued Expenses	0.01	0.02	0.01	0.02	-	-
Short-Term Debt	-	-	-	-	0.02	0.02
Other Current Liabilities	0.03	0.02	0.01	0.01	0.05	-
Total Current Liabilities	0.13	0.17	0.05	0.06	0.19	0.15
Total Liabilities	0.13	0.17	0.05	0.06	0.19	0.15
Common Stock	18.17	9.38	6.52	6.61	4.24	4.24
Retained Earnings	-9.26	-7.24	-5.72	-4.72	-3.33	-2.82
Comprehensive Income & Other	1.01	0.52	0.36	0.53	0.3	0.31
Shareholders' Equity	9.91	2.66	1.16	2.41	1.21	1.73
Total Liabilities & Equity	10.04	2.83	1.21	2.48	1.4	1.87
Total Debt	-	-	-	-	0.02	0.02
Net Cash (Debt)	8.15	1.12	0.15	1.35	0.13	0.76
Net Cash Growth	461.39%	629.86%	-88.56%	976.23%	-83.51%	317.32%
Net Cash Per Share	0.14	0.03	0.00	0.04	0.00	0.04
Filing Date Shares Outstanding	73.03	50.19	36.77	36.76	36.76	27.13
Total Common Shares Outstanding	65.82	50.19	36.01	36.76	27.13	27.13
Working Capital	8.27	1.02	0.21	1.46	-0.04	0.66
Book Value Per Share	0.15	0.05	0.03	0.07	0.04	0.06
Tangible Book Value	9.91	2.66	1.16	2.41	1.21	1.73
Tangible Book Value Per Share	0.15	0.05	0.03	0.07	0.04	0.06

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