Denarius Metals 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	6.9	1.13	7.63	1.39	14.82
Cash & Short-Term Investments	6.9	1.13	7.63	1.39	14.82
Cash Growth	510.53%	-85.19%	447.20%	-90.59%	49303.33%
Other Receivables	0.76	0.22	0.7	1	0.77
Receivables	0.76	0.22	0.7	1	0.77
Inventory	0.37	-	-	-	-
Prepaid Expenses	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	-	-	-	-
Total Current Assets	9.15	2.41	10.58	3.73	16.57
Property, Plant & Equipment	88.05	68.65	54.04	39.44	31.78
Long-Term Investments	12.19	9.99	24.06	-	-
Long-Term Deferred Charges	-	-	0.76	0.65	0.42
Other Long-Term Assets	3.24	-	-	-	-
Total Assets	112.62	81.05	89.44	43.82	48.77
Accounts Payable	-	-	-	0.71	0.28
Accrued Expenses	3.21	2.62	1.28	2.1	1.2
Short-Term Debt	56.94	30.75	22.65	-	-
Current Portion of Leases	0.18	0.09	0.25	0.09	0.06
Other Current Liabilities	2.58	1.41	26.13	3.86	0.1
Total Current Liabilities	62.91	34.87	50.31	6.75	1.64
Long-Term Leases	0.12	0.02	0.12	0.14	0.01
Other Long-Term Liabilities	9.62	6.49	0.33	0.2	-
Total Liabilities	72.65	41.38	50.76	7.09	1.65
Common Stock	130.69	116.13	103.23	94.9	94.81
Additional Paid-In Capital	5.76	4.74	4.41	3.9	3.76
Retained Earnings	-117.62	-86.47	-79.43	-62.24	-54.82
Comprehensive Income & Other	21.13	5.27	8.15	0.13	3.36
Total Common Equity	39.97	39.67	36.37	36.69	47.12
Minority Interest	-	-	2.32	0.04	-
Shareholders' Equity	39.97	39.67	38.68	36.73	47.12
Total Liabilities & Equity	112.62	81.05	89.44	43.82	48.77
Total Debt	57.24	30.86	23.02	0.23	0.07
Net Cash (Debt)	-50.34	-29.73	-15.4	1.17	14.76
Net Cash Growth	-	-	-	-92.09%	49083.33%
Net Cash Per Share	-0.43	-0.42	-0.29	0.06	0.94
Filing Date Shares Outstanding	195.26	107.19	63.39	60.24	20.76
Total Common Shares Outstanding	151.61	93.83	63.17	20.76	20.74
Working Capital	-53.76	-32.45	-39.73	-3.02	14.93
Book Value Per Share	0.26	0.42	0.58	1.77	2.27
Tangible Book Value	39.97	39.67	36.37	36.69	47.12
Tangible Book Value Per Share	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	-

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