Ecora Royalties Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	7.79	7.88	7.85	5.85	21.99
Cash & Short-Term Investments	7.79	7.88	7.85	5.85	21.99
Cash Growth	-1.14%	0.33%	34.19%	-73.40%	-20.07%
Accounts Receivable	6.55	-	-	-	-
Other Receivables	-	10.74	8.14	21.16	34.47
Receivables	6.55	10.74	8.14	21.16	34.47
Prepaid Expenses	-	0.47	0.38	0.41	0.45
Other Current Assets	0.01	4.97	1.12	-	-
Total Current Assets	14.35	24.04	17.5	27.42	56.91
Property, Plant & Equipment	7.81	6.76	5.85	7.12	5.19
Long-Term Investments	256.08	228.66	268.96	312.58	306.64
Other Intangible Assets	250.45	245.94	269.8	252.55	69.52
Long-Term Deferred Tax Assets	36.05	25.88	37.45	36.63	36.48
Long-Term Deferred Charges	2.01	2.28	0.34	2.49	4.42
Other Long-Term Assets	16.8	20.42	36.38	40.15	41.31
Total Assets	583.54	553.97	636.28	678.94	520.46
Accounts Payable	5.55	0.76	0.41	0.51	0.1
Accrued Expenses	-	2.69	3.32	8.8	3.59
Current Portion of Leases	-	0.5	0.44	0.32	-
Current Income Taxes Payable	6.44	4.17	15.93	23.25	7.1
Other Current Liabilities	-	-	9.17	36.7	0.95
Total Current Liabilities	11.99	8.12	29.27	69.58	11.74
Long-Term Debt	93.25	90.23	82.4	42.25	112
Long-Term Leases	-	2.57	2.92	3.03	0.77
Long-Term Deferred Tax Liabilities	9.56	17.9	28.13	40.86	36.71
Other Long-Term Liabilities	3.04	0.51	11.54	19.62	2.14
Total Liabilities	117.84	119.33	154.26	175.33	163.36
Common Stock	6.54	6.53	6.76	6.76	5.71
Additional Paid-In Capital	169.21	169.21	169.21	169.21	87.88
Retained Earnings	190.96	174.63	202.75	221.72	145.71
Treasury Stock	-	-	-	-	-1.54
Comprehensive Income & Other	98.99	84.27	103.29	105.91	119.34
Shareholders' Equity	465.7	434.64	482.02	503.6	357.1
Total Liabilities & Equity	583.54	553.97	636.28	678.94	520.46
Total Debt	93.25	93.29	85.76	45.6	112.77
Net Cash (Debt)	-85.46	-85.42	-77.91	-39.75	-90.78
Net Cash Per Share	-0.34	-0.34	-0.30	-0.17	-0.44
Filing Date Shares Outstanding	249.1	248.6	257.9	257.86	213.79
Total Common Shares Outstanding	249.1	248.6	257.9	257.86	213.78
Working Capital	2.36	15.92	-11.77	-42.16	45.17
Book Value Per Share	1.87	1.75	1.87	1.95	1.67
Tangible Book Value	215.25	188.7	212.22	251.06	287.59
Tangible Book Value Per Share	0.86	0.76	0.82	0.97	1.35
Machinery	-	0.67	0.67	0.56	0.44

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