Denarius Metals 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	1.02	1.13	7.63	1.39	14.82	0.03
Cash & Short-Term Investments	1.02	1.13	7.63	1.39	14.82	0.03
Cash Growth	-63.52%	-85.19%	447.20%	-90.59%	49303.33%	-
Other Receivables	0.3	0.22	0.7	1	0.77	0.01
Receivables	0.3	0.22	0.7	1	0.77	0.01
Prepaid Expenses	0.54	0.58	0.34	0.94	0.63	-
Restricted Cash	-	0.49	1.92	0.4	0.35	-
Total Current Assets	2.69	2.41	10.58	3.73	16.57	0.04
Property, Plant & Equipment	85.25	68.65	54.04	39.44	31.78	-
Long-Term Investments	11.32	9.99	24.06	-	-	-
Long-Term Deferred Charges	-	-	0.76	0.65	0.42	-
Total Assets	101.69	81.05	89.44	43.82	48.77	0.04
Accounts Payable	-	-	-	0.71	0.28	0
Accrued Expenses	3.14	2.78	1.28	2.1	1.2	-
Short-Term Debt	48.02	30.59	22.65	-	-	-
Current Portion of Leases	0.17	0.09	0.25	0.09	0.06	-
Other Current Liabilities	2.34	1.41	26.13	3.86	0.1	0
Total Current Liabilities	53.66	34.87	50.31	6.75	1.64	0.01
Long-Term Leases	0.17	0.02	0.12	0.14	0.01	-
Other Long-Term Liabilities	7.62	6.49	0.33	0.2	-	-
Total Liabilities	61.45	41.38	50.76	7.09	1.65	0.01
Common Stock	123.26	116.13	103.23	94.9	94.81	30.09
Additional Paid-In Capital	5.37	4.74	4.41	3.9	3.76	-
Retained Earnings	-107.39	-86.47	-79.43	-62.24	-54.82	-29.37
Comprehensive Income & Other	19	5.27	8.15	0.13	3.36	-0.69
Total Common Equity	40.24	39.67	36.37	36.69	47.12	0.03
Minority Interest	-	-	2.32	0.04	-	-
Shareholders' Equity	40.24	39.67	38.68	36.73	47.12	0.03
Total Liabilities & Equity	101.69	81.05	89.44	43.82	48.77	0.04
Total Debt	48.36	30.7	23.02	0.23	0.07	-
Net Cash (Debt)	-47.34	-29.57	-15.4	1.17	14.76	0.03
Net Cash Growth	-	-	-	-92.09%	49083.33%	-
Net Cash Per Share	-0.45	-0.41	-0.29	0.06	0.94	-
Filing Date Shares Outstanding	124.97	107.19	63.39	60.24	20.76	-
Total Common Shares Outstanding	123.82	93.83	63.17	20.76	20.74	-
Working Capital	-50.97	-32.45	-39.73	-3.02	14.93	0.03
Book Value Per Share	0.32	0.42	0.58	1.77	2.27	-
Tangible Book Value	40.24	39.67	36.37	36.69	47.12	0.03
Tangible Book Value Per Share	0.32	0.42	0.58	1.77	2.27	-
Machinery	1.9	1.22	1.02	0.26	0.04	-
Construction In Progress	12.78	10.93	4.31	-	-	-
Leasehold Improvements	0.12	0.12	0.13	0.12	-	-

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