Denarius Metals Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	17.93	6.9	1.13	7.63	1.39	14.82
Cash & Short-Term Investments	17.93	6.9	1.13	7.63	1.39	14.82
Cash Growth	486.55%	510.53%	-85.19%	447.20%	-90.59%	49303.33%
Other Receivables	2.69	0.76	0.22	0.7	1	0.77
Receivables	2.69	0.76	0.22	0.7	1	0.77
Inventory	0.85	0.37	-	-	-	-
Prepaid Expenses	0.7	0.66	0.58	0.34	0.94	0.63
Restricted Cash	-	-	0.49	1.92	0.4	0.35
Other Current Assets	0.46	0.46	-	-	-	-
Total Current Assets	22.62	9.15	2.41	10.58	3.73	16.57
Property, Plant & Equipment	91.19	88.05	68.65	54.04	39.44	31.78
Long-Term Investments	11.94	12.19	9.99	24.06	-	-
Long-Term Deferred Charges	-	-	-	0.76	0.65	0.42
Other Long-Term Assets	3.71	3.24	-	-	-	-
Total Assets	129.45	112.62	81.05	89.44	43.82	48.77
Accounts Payable	5.25	-	-	-	0.71	0.28
Accrued Expenses	-	3.21	2.62	1.28	2.1	1.2
Short-Term Debt	69.29	56.94	30.75	22.65	-	-
Current Portion of Leases	0.27	0.18	0.09	0.25	0.09	0.06
Other Current Liabilities	2.58	2.58	1.41	26.13	3.86	0.1
Total Current Liabilities	77.38	62.91	34.87	50.31	6.75	1.64
Long-Term Leases	0.29	0.12	0.02	0.12	0.14	0.01
Other Long-Term Liabilities	9.12	9.62	6.49	0.33	0.2	-
Total Liabilities	86.79	72.65	41.38	50.76	7.09	1.65
Common Stock	154.48	130.69	116.13	103.23	94.9	94.81
Additional Paid-In Capital	12.54	5.76	4.74	4.41	3.9	3.76
Retained Earnings	-136.03	-117.62	-86.47	-79.43	-62.24	-54.82
Comprehensive Income & Other	11.67	21.13	5.27	8.15	0.13	3.36
Total Common Equity	42.67	39.97	39.67	36.37	36.69	47.12
Minority Interest	-	-	-	2.32	0.04	-
Shareholders' Equity	42.67	39.97	39.67	38.68	36.73	47.12
Total Liabilities & Equity	129.45	112.62	81.05	89.44	43.82	48.77
Total Debt	69.84	57.24	30.86	23.02	0.23	0.07
Net Cash (Debt)	-51.91	-50.34	-29.73	-15.4	1.17	14.76
Net Cash Growth	-	-	-	-	-92.09%	49083.33%
Net Cash Per Share	-0.38	-0.43	-0.42	-0.29	0.06	0.94
Filing Date Shares Outstanding	170.53	195.26	107.19	63.39	60.24	20.76
Total Common Shares Outstanding	170.53	151.61	93.83	63.17	20.76	20.74
Working Capital	-54.76	-53.76	-32.45	-39.73	-3.02	14.93
Book Value Per Share	0.25	0.26	0.42	0.58	1.77	2.27
Tangible Book Value	42.67	39.97	39.67	36.37	36.69	47.12
Tangible Book Value Per Share	0.25	0.26	0.42	0.58	1.77	2.27
Machinery	-	1.95	1.22	1.02	0.26	0.04
Construction In Progress	-	13.51	10.93	4.31	-	-
Leasehold Improvements	-	0.12	0.12	0.13	0.12	-