Gold Royalty Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	4.48	2.27	1.44	5.85	7.05	9.91
Short-Term Investments	1.18	0.21	0.34	3.84	7.2	1.12
Cash & Short-Term Investments	5.66	2.48	1.79	9.69	14.25	11.02
Cash Growth	108.77%	38.99%	-81.57%	-32.01%	29.25%	29264.13%
Receivables	2.03	1.66	0.93	0.65	1.03	0.41
Prepaid Expenses	2.22	1.73	2.83	1.2	1.68	1.87
Total Current Assets	9.91	5.87	5.55	11.54	16.96	13.3
Long-Term Investments	719.82	720.67	674.99	670.55	671.3	266.13
Other Long-Term Assets	0.18	0.24	0.32	0.32	0.35	0.07
Total Assets	740.53	737.52	690.99	682.41	688.61	279.5
Accounts Payable	4.9	3.86	3.85	3.67	6.1	6.29
Accrued Expenses	-	-	-	0.02	0.58	0.63
Current Portion of Long-Term Debt	-	-	-	0.04	-	-
Other Current Liabilities	-	-	-	0.24	0.53	-
Total Current Liabilities	4.9	3.86	3.85	3.98	7.21	6.92
Long-Term Debt	50.8	49.82	32.79	9.45	9.41	-
Long-Term Leases	0.12	0.18	0.26	0.25	0.26	0.01
Long-Term Deferred Tax Liabilities	123.81	124.05	131.21	135.09	135.52	42.7
Other Long-Term Liabilities	0.9	1.31	1.92	-	-	4.55
Total Liabilities	180.52	179.21	170.04	148.76	152.4	54.18
Common Stock	598.99	595.81	556.18	551.07	551.07	233.77
Retained Earnings	-76.44	-73.23	-69.82	-40.17	-36.53	-15.15
Comprehensive Income & Other	37.45	35.72	34.59	22.75	21.67	6.69
Shareholders' Equity	560	558.3	520.95	533.65	536.22	225.32
Total Liabilities & Equity	740.53	737.52	690.99	682.41	688.61	279.5
Total Debt	50.92	50	33.06	9.74	9.66	0.01
Net Cash (Debt)	-45.26	-47.52	-31.27	-0.05	4.59	11.01
Net Cash Growth	-	-	-	-	-58.36%	29234.83%
Net Cash Per Share	-0.27	-0.30	-0.22	-0.00	0.04	0.33
Filing Date Shares Outstanding	173.93	170.47	145.89	144.38	143.91	133.93
Total Common Shares Outstanding	171.6	170.21	145.67	143.91	143.91	72.54
Working Capital	5.02	2.01	1.7	7.56	9.75	6.38
Book Value Per Share	3.26	3.28	3.58	3.71	3.73	3.11
Tangible Book Value	560	558.3	520.95	533.65	536.22	225.32
Tangible Book Value Per Share	3.26	3.28	3.58	3.71	3.73	3.11

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