First Phosphate Balance Sheet

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

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	19.98	1.87	7.5	1.18	-	-
Cash & Short-Term Investments	19.98	1.87	7.5	1.18	-	-
Cash Growth	13223.67%	-75.01%	535.10%	-	-	-
Other Receivables	0.52	1.29	0.64	0.19	-	-
Receivables	0.52	1.29	0.64	0.19	-	-
Restricted Cash	0.04	0.04	0.03	0.04	-	0.03
Other Current Assets	0.79	0.49	0.81	0.8	-	-
Total Current Assets	21.33	3.69	8.97	2.21	-	0.03
Property, Plant & Equipment	3.62	3.59	3.56	3.64	-	-
Long-Term Investments	0.17	0.17	0.13	0.08	-	-
Other Long-Term Assets	-	-	0.33	-	-	-
Total Assets	25.13	7.45	13	5.93	-	0.03
Accounts Payable	0.63	0.34	2.53	0.42	0.06	0.02
Accrued Expenses	-	-	-	-	0.01	0.01
Current Unearned Revenue	0.6	0.72	1.15	0.09	-	-
Total Current Liabilities	1.23	1.06	3.68	0.51	0.07	0.03
Total Liabilities	1.24	1.06	3.68	0.51	0.07	0.03
Common Stock	56.49	30.66	26.34	16.92	8.93	8.93
Additional Paid-In Capital	6.1	5.31	4.92	2.09	1.47	1.47
Retained Earnings	-39.11	-29.58	-21.95	-13.66	-10.47	-10.4
Comprehensive Income & Other	0.4	-	-	0.07	-	-
Shareholders' Equity	23.89	6.39	9.31	5.42	-0.07	-0.01
Total Liabilities & Equity	25.13	7.45	13	5.93	-	0.03
Net Cash (Debt)	19.98	1.87	7.5	1.18	-	-
Net Cash Growth	13220.04%	-75.01%	535.10%	-	-	-
Net Cash Per Share	0.19	0.02	0.14	0.05	-	-
Filing Date Shares Outstanding	173.27	100.47	74.87	51.71	1.3	0.6
Total Common Shares Outstanding	151.22	89.95	73.79	48.32	0.6	0.6
Working Capital	20.1	2.63	5.29	1.7	-0.07	-0.01
Book Value Per Share	0.16	0.07	0.13	0.11	-0.12	-0.01
Tangible Book Value	23.89	6.39	9.31	5.42	-0.07	-0.01
Tangible Book Value Per Share	0.16	0.07	0.13	0.11	-0.12	-0.01