Quebec Rare Earth Elements Corp. (CSE:QREE)

CSE:QREE Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Cash & Equivalents	0.62	0.07	0.21	0.87	1.83
Cash & Short-Term Investments	0.62	0.07	0.21	0.87	1.83
Cash Growth	772.59%	-66.19%	-75.61%	-52.72%	1508.08%
Other Receivables	0.01	0	0.03	0.16	0.11
Receivables	0.01	0	0.03	0.21	0.11
Prepaid Expenses	0	0	0.02	0.03	0.02
Other Current Assets	-	-	-	0.02	-
Total Current Assets	0.64	0.08	0.26	1.13	1.96
Property, Plant & Equipment	5.2	4.93	2.91	7.86	7.77
Other Long-Term Assets	-	-	-	-	0.73
Total Assets	5.84	5.01	3.16	8.99	10.46
Accounts Payable	0.05	0.15	0.12	0.1	0.35
Accrued Expenses	-	-	-	0.05	0.01
Short-Term Debt	0.01	0.01	0.01	0.04	0.04
Current Unearned Revenue	0.03	-	-	0.01	0.14
Other Current Liabilities	-	-	0.01	-0.04	-
Total Current Liabilities	0.09	0.16	0.14	0.16	0.54
Other Long-Term Liabilities	-	-	-	-	1.37
Total Liabilities	0.09	0.16	0.14	0.16	1.91
Common Stock	50.37	49.39	47.36	44.42	41.68
Retained Earnings	-48.24	-47.56	-47.36	-38.61	-35.28
Comprehensive Income & Other	3.62	3.02	3.02	3.02	2.15
Shareholders' Equity	5.75	4.85	3.03	8.83	8.56
Total Liabilities & Equity	5.84	5.01	3.16	8.99	10.46
Total Debt	0.01	0.01	0.01	0.04	0.04
Net Cash (Debt)	0.61	0.06	0.2	0.83	1.8
Net Cash Growth	919.50%	-70.09%	-75.79%	-53.91%	-
Net Cash Per Share	0.01	0.00	0.01	0.06	0.31
Filing Date Shares Outstanding	50.33	50.23	40.64	14.64	12.73
Total Common Shares Outstanding	50.33	43.74	32.64	14.43	11.63
Working Capital	0.55	-0.08	0.12	0.97	1.42
Book Value Per Share	0.11	0.11	0.09	0.61	0.74
Tangible Book Value	5.75	4.85	3.03	8.83	8.56
Tangible Book Value Per Share	0.11	0.11	0.09	0.61	0.74
Machinery	-	-	-	-	1.02

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.