Evolve Royalties 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	2.37	4.33	0.58
Cash & Short-Term Investments	2.37	4.33	0.58
Cash Growth	-	651.10%	-
Other Receivables	0.01	0.08	-
Receivables	0.01	0.08	-
Prepaid Expenses	-	0.02	-
Other Current Assets	0.02	0.13	-
Total Current Assets	2.4	4.55	0.58
Long-Term Investments	28.33	25.99	-
Total Assets	30.91	30.53	0.58
Accounts Payable	0.92	0.44	0.04
Total Current Liabilities	0.92	0.44	0.04
Total Liabilities	0.92	0.44	0.04
Common Stock	31.23	30.89	0.57
Additional Paid-In Capital	0.27	0.04	-
Retained Earnings	-1.71	-0.83	-0.04
Shareholders' Equity	29.99	30.09	0.53
Total Liabilities & Equity	30.91	30.53	0.58
Net Cash (Debt)	2.37	4.33	0.58
Net Cash Growth	-	651.10%	-
Net Cash Per Share	0.03	0.06	0.05
Filing Date Shares Outstanding	87.84	87.35	10.82
Total Common Shares Outstanding	87.84	87.35	10.82
Working Capital	1.48	4.11	0.53
Book Value Per Share	0.34	0.34	0.05
Tangible Book Value	29.99	30.09	0.53
Tangible Book Value Per Share	0.34	0.34	0.05

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