Nickel 28 Capital Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	9.48	8.06	7.83	2.37	3.96	6.37
Short-Term Investments	-	-	0.03	0.02	0.11	0.14
Cash & Short-Term Investments	9.48	8.06	7.86	2.39	4.08	6.52
Cash Growth	1.44%	2.47%	228.91%	-41.34%	-37.44%	17.40%
Other Receivables	0.19	1.62	3.2	9.93	3.62	0.18
Receivables	0.19	1.62	3.2	9.93	3.62	0.18
Prepaid Expenses	0.02	0.06	0.06	0.05	0.08	0
Other Current Assets	-	-	-	-	-	15.42
Total Current Assets	9.7	9.74	11.13	12.38	7.78	22.12
Property, Plant & Equipment	0.13	0.04	0.08	0.12	0.06	0.09
Long-Term Investments	93.71	95.71	105.03	116.73	126.79	128.52
Long-Term Accounts Receivable	25.46	25.46	25.5	25.5	25.5	25.5
Total Assets	128.99	130.94	141.74	154.72	160.13	176.22
Accounts Payable	-0.04	0.35	0.4	0.25	0.29	0.04
Accrued Expenses	0.02	0.06	0.07	0.09	0.03	0.03
Current Portion of Long-Term Debt	8	5.25	9	21.29	12.86	15.42
Current Portion of Leases	0.06	0.02	0.03	0.03	0.02	0.04
Total Current Liabilities	8.04	5.67	9.51	21.66	13.2	15.52
Long-Term Debt	27.37	31.29	35.09	34.52	60.54	91.64
Long-Term Leases	0.05	-	0.02	0.05	-	0.02
Long-Term Deferred Tax Liabilities	11.96	11.48	10.52	7.71	2.74	-
Other Long-Term Liabilities	-	-	-	0.02	0.03	0
Total Liabilities	47.43	48.45	55.14	63.97	76.51	107.18
Common Stock	67.1	68.11	71.78	69.65	69.15	66.44
Retained Earnings	13.44	13.68	13.32	19.51	13.4	2.22
Comprehensive Income & Other	1.01	0.71	1.49	1.59	1.07	0.38
Shareholders' Equity	81.56	82.5	86.6	90.75	83.62	69.05
Total Liabilities & Equity	128.99	130.94	141.74	154.72	160.13	176.22
Total Debt	35.48	36.56	44.15	55.9	73.42	107.1
Net Cash (Debt)	-25.99	-28.5	-36.28	-53.51	-69.35	-100.59
Net Cash Per Share	-0.30	-0.31	-0.39	-0.59	-0.80	-1.20
Filing Date Shares Outstanding	86.86	87.2	95.11	91.78	90.47	85.7
Total Common Shares Outstanding	86.86	88.74	95.11	91.73	90.55	84.9
Working Capital	1.65	4.06	1.62	-9.28	-5.42	6.6
Book Value Per Share	0.94	0.93	0.91	0.99	0.92	0.81
Tangible Book Value	81.56	82.5	86.6	90.75	83.62	69.05
Tangible Book Value Per Share	0.94	0.93	0.91	0.99	0.92	0.81

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