Evolve Royalties Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	36.71	37.3	4.33	0.58
Short-Term Investments	0.25	1.22	-	-
Cash & Short-Term Investments	36.96	38.52	4.33	0.58
Cash Growth	6317.57%	790.67%	651.10%	-
Other Receivables	0.18	0.22	0.08	-
Receivables	0.18	0.22	0.08	-
Prepaid Expenses	-	0	0.02	-
Other Current Assets	0.25	0.01	0.13	-
Total Current Assets	37.39	38.75	4.55	0.58
Long-Term Investments	53.39	50.88	25.99	-
Total Assets	90.78	89.63	30.53	0.58
Accounts Payable	1.88	1.6	0.44	0.04
Total Current Liabilities	1.88	1.6	0.44	0.04
Total Liabilities	1.88	1.6	0.44	0.04
Common Stock	89.09	89.09	30.89	0.57
Additional Paid-In Capital	1.2	1.1	0.04	-
Retained Earnings	-1.59	-2.35	-0.83	-0.04
Comprehensive Income & Other	0.2	0.2	-	-
Shareholders' Equity	88.9	88.04	30.09	0.53
Total Liabilities & Equity	90.78	89.63	30.53	0.58
Net Cash (Debt)	36.96	38.52	4.33	0.58
Net Cash Growth	6317.57%	790.67%	651.10%	-
Net Cash Per Share	1.18	1.49	0.22	0.05
Filing Date Shares Outstanding	50.92	46.72	87.35	10.82
Total Common Shares Outstanding	46.67	46.67	87.35	10.82
Working Capital	35.51	37.16	4.11	0.53
Book Value Per Share	1.91	1.89	0.34	0.05
Tangible Book Value	88.9	88.04	30.09	0.53
Tangible Book Value Per Share	1.91	1.89	0.34	0.05