Vulcan Energy Resources Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	48.76	97.05	78.73	134.11	175.42	175.42
Cash & Short-Term Investments	48.76	97.05	78.73	134.11	175.42	175.42
Cash Growth	-19.51%	23.28%	-41.30%	-23.55%	-	4352.57%
Accounts Receivable	2.03	1.03	0.73	1.3	4.11	0.69
Other Receivables	2.24	7.16	4.62	2.77	-	3.09
Receivables	4.27	8.2	5.35	4.07	4.11	3.78
Inventory	0.33	0.14	0.33	0.16	0.14	0.14
Prepaid Expenses	1.3	0.62	0.71	0.27	-	0.33
Other Current Assets	5.09	3.71	0.96	1.25	-	-
Total Current Assets	59.75	109.71	86.07	139.85	179.66	179.66
Property, Plant & Equipment	292.09	253.89	190.84	103.41	74.65	74.65
Long-Term Investments	0.77	1.43	2.67	0.97	1.21	1.21
Goodwill	-	-	-	1.04	1.04	1.04
Other Intangible Assets	4.94	4.22	2.31	2.41	2.86	2.86
Long-Term Deferred Tax Assets	3.22	3.57	3.21	1.68	1.71	1.71
Long-Term Deferred Charges	9.7	6.45	-	-	-	-
Other Long-Term Assets	1.17	1.76	11.78	0.77	-	-
Total Assets	371.64	381.03	296.88	250.14	261.14	261.14
Accounts Payable	4.24	11.49	9.51	6.48	6.18	6.18
Accrued Expenses	10.16	7.15	7.38	2.23	1.91	1.91
Current Portion of Leases	1.12	0.77	1.09	0.65	0.44	0.44
Current Income Taxes Payable	0.71	0.06	0.11	0.09	0.33	0.33
Current Unearned Revenue	2.11	2.11	-	0.13	-	-
Other Current Liabilities	12.76	1.3	2.7	1.47	0.87	0.87
Total Current Liabilities	31.09	22.87	20.79	11.04	9.73	9.73
Long-Term Leases	6.51	3.08	3.33	2.67	2.57	2.57
Long-Term Unearned Revenue	-	-	2.82	1.45	-	-
Long-Term Deferred Tax Liabilities	2.35	1.54	1.41	1.7	1.46	1.46
Other Long-Term Liabilities	5.81	1.99	0.26	0.11	0.06	0.06
Total Liabilities	45.76	29.48	28.6	16.98	13.82	13.82
Common Stock	464.96	453.64	323.74	259.16	258.93	258.93
Retained Earnings	-141.88	-111.19	-68.84	-41.87	-28.42	-28.42
Comprehensive Income & Other	2.8	9.08	13.38	15.88	16.81	16.81
Total Common Equity	325.89	351.53	268.28	233.16	247.32	247.32
Minority Interest	-	0.02	-	-	-	-
Shareholders' Equity	325.89	351.55	268.28	233.16	247.32	247.32
Total Liabilities & Equity	371.64	381.03	296.88	250.14	261.14	261.14
Total Debt	7.63	3.85	4.41	3.32	3.01	3.01
Net Cash (Debt)	41.14	93.2	74.32	130.79	172.41	172.41
Net Cash Growth	-27.22%	25.41%	-43.18%	-24.14%	-	4276.30%
Net Cash Per Share	0.20	0.51	0.47	0.95	1.38	1.38
Filing Date Shares Outstanding	218.67	217.57	172.07	143.44	143.34	108.79
Total Common Shares Outstanding	218.67	214.53	172.07	143.44	143.09	108.42
Working Capital	28.66	86.84	65.29	128.81	169.93	169.93
Book Value Per Share	1.49	1.64	1.56	1.63	1.73	2.28
Tangible Book Value	320.94	347.32	265.97	229.71	243.42	243.42
Tangible Book Value Per Share	1.47	1.62	1.55	1.60	1.70	2.25
Land	4.92	4.88	4.83	1.62	-	1.58
Machinery	128.55	97.01	32.61	30.62	28.44	26.86
Construction In Progress	39.58	67.37	107.1	40.95	22.78	22.78

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