Ero Copper 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 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	66.26	50.4	111.74	177.7	130.13	62.51
Short-Term Investments	-	-	-	139.7	-	-
Cash & Short-Term Investments	66.26	50.4	111.74	317.4	130.13	62.51
Cash Growth	227.53%	-54.89%	-64.80%	143.91%	108.18%	190.94%
Accounts Receivable	11.13	18.4	5.71	10.29	30.7	20.35
Other Receivables	13.33	17.18	14.22	12.25	15.11	13.96
Receivables	30.09	40.26	28.28	32.78	45.81	34.31
Inventory	91.63	42.09	42.25	30.96	26.02	25.5
Prepaid Expenses	6.99	5.88	5.66	6.67	5.87	2.64
Other Current Assets	12.45	3.16	11.56	4.62	0.86	2.59
Total Current Assets	207.41	141.79	199.49	392.43	208.69	127.54
Property, Plant & Equipment	1,635	1,270	1,282	770.96	477.47	354.73
Long-Term Deferred Tax Assets	1.82	16.66	1.32	-	2.32	14.22
Other Long-Term Assets	24.52	22.4	14.63	14.3	1.3	0.61
Total Assets	1,876	1,458	1,512	1,188	689.76	497.1
Accounts Payable	91.27	58.07	74.88	47.87	25.4	14.48
Accrued Expenses	57.86	43.82	45.83	36.74	40.98	32.76
Short-Term Debt	-	-	-	-	-	5.67
Current Portion of Long-Term Debt	50.59	45.89	20.38	15.7	4.34	6.87
Current Portion of Leases	17.26	10.91	11	6.22	4.71	1.4
Current Income Taxes Payable	2.51	3.33	4	5.44	7.35	4
Current Unearned Revenue	29.19	31.71	17.16	16.58	10.51	-
Other Current Liabilities	3.9	17.98	0.56	0.58	29.36	26.54
Total Current Liabilities	252.58	211.71	173.8	129.12	122.66	91.72
Long-Term Debt	561.15	556.3	405.85	402.35	54.91	155.56
Long-Term Leases	9.39	6.98	8.61	4.74	2.4	0.35
Long-Term Unearned Revenue	94.91	48.23	58.39	69.48	83.71	-
Long-Term Deferred Tax Liabilities	5.06	-	10.86	6.23	-	-
Other Long-Term Liabilities	61.74	43.74	44.85	33.99	30.6	35.4
Total Liabilities	984.82	866.95	702.36	645.91	294.27	283.02
Common Stock	290.96	286.55	271.34	148.06	133.07	126.15
Additional Paid-In Capital	9.97	8.18	8.5	11.19	12.17	15.64
Retained Earnings	667.81	481.06	549.53	456.73	354.9	153.84
Comprehensive Income & Other	-83.6	-188.65	-25.11	-77.37	-107.08	-82.93
Total Common Equity	885.14	587.13	804.25	538.59	393.06	212.7
Minority Interest	6.36	3.94	5.08	3.57	2.43	1.37
Shareholders' Equity	891.5	591.07	809.33	542.17	395.49	214.08
Total Liabilities & Equity	1,876	1,458	1,512	1,188	689.76	497.1
Total Debt	638.38	620.07	445.84	429.02	66.36	169.85
Net Cash (Debt)	-572.12	-569.67	-334.1	-111.62	63.77	-107.34
Net Cash Per Share	-5.51	-5.53	-3.52	-1.21	0.70	-1.16
Filing Date Shares Outstanding	103.89	103.57	102.76	92.26	90.23	88.1
Total Common Shares Outstanding	103.3	103.56	102.75	92.18	90.2	87.88
Working Capital	-45.17	-69.92	25.69	263.31	86.03	35.82
Book Value Per Share	8.57	5.67	7.83	5.84	4.36	2.42
Tangible Book Value	885.14	587.13	804.25	538.59	393.06	212.7
Tangible Book Value Per Share	8.57	5.67	7.83	5.84	4.36	2.42
Buildings	95.06	36.59	37.25	22.04	18.35	14.88
Machinery	538.72	321.92	312.1	213.72	134.59	105.51
Construction In Progress	294.2	501.02	419.66	111.82	19.19	56.77

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