Arafura Rare Earths Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	571.35	27.18	42.17	128.85	24.68	10.79
Cash & Short-Term Investments	571.35	27.18	42.17	128.85	24.68	10.79
Cash Growth	1173.67%	-35.55%	-67.27%	422.07%	128.78%	-52.63%
Accounts Receivable	-	-	-	-	0.75	-
Other Receivables	1.76	0.47	0.57	0.79	-	0
Receivables	1.76	0.47	0.57	0.79	0.75	0
Prepaid Expenses	-	-	-	-	-	0.05
Other Current Assets	-	-	-	-	-	0.07
Total Current Assets	573.11	27.65	42.74	129.64	25.43	10.9
Property, Plant & Equipment	125.76	125.02	123.9	127.43	117.31	114.07
Other Long-Term Assets	3.19	3.19	3.45	2.46	0.59	0.56
Total Assets	702.05	155.85	170.09	259.53	143.32	125.53
Accounts Payable	3.63	2.29	6.92	32.33	9.7	2.51
Accrued Expenses	-	0.73	0.69	0.92	0.75	0.73
Current Portion of Leases	0.1	0.24	0.5	0.97	0.26	0.19
Current Unearned Revenue	-	-	12.29	5.99	-	-
Other Current Liabilities	0.76	0.05	2.26	0.05	0.02	0.07
Total Current Liabilities	4.49	3.3	22.65	40.26	10.74	3.51
Long-Term Leases	-	-	0.25	0.67	0.21	-
Other Long-Term Liabilities	3.3	3.28	3.07	3.7	0.01	0
Total Liabilities	7.79	6.59	25.98	44.63	10.95	3.51
Common Stock	1,074	519.48	496.13	466.2	287.73	242.26
Retained Earnings	-398.08	-385.09	-365.85	-264.88	-168.5	-132.94
Comprehensive Income & Other	18.08	14.88	13.83	13.57	13.14	12.7
Shareholders' Equity	694.26	149.26	144.11	214.9	132.37	122.02
Total Liabilities & Equity	702.05	155.85	170.09	259.53	143.32	125.53
Total Debt	0.1	0.24	0.75	1.64	0.47	0.19
Net Cash (Debt)	571.25	26.94	41.42	127.21	24.21	10.6
Net Cash Growth	1187.81%	-34.96%	-67.44%	425.54%	128.43%	-52.59%
Net Cash Per Share	0.20	0.01	0.02	0.07	0.02	0.01
Filing Date Shares Outstanding	3,247	2,464	2,399	2,113	1,725	1,504
Total Common Shares Outstanding	3,247	2,464	2,310	2,113	1,566	1,171
Working Capital	568.61	24.34	20.08	89.38	14.69	7.4
Book Value Per Share	0.21	0.06	0.06	0.10	0.08	0.10
Tangible Book Value	694.26	149.26	144.11	214.9	132.37	122.02
Tangible Book Value Per Share	0.21	0.06	0.06	0.10	0.08	0.10

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