Amaroq Balance Sheet

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

Millions CAD. 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	8.77	21.55	45.19	21.01	50.14	27.32
Cash & Short-Term Investments	8.77	21.55	45.19	21.01	50.14	27.32
Cash Growth	-47.47%	-52.32%	115.06%	-58.09%	83.49%	-55.84%
Accounts Receivable	0.26	0.03	-	-	-	-
Other Receivables	9.86	9.23	0.28	0.07	0.1	0.05
Receivables	10.12	9.26	0.28	0.07	0.1	0.05
Inventory	33	25.61	10.18	0.68	-	-
Prepaid Expenses	2.13	1.43	1.11	1.12	0.29	0.27
Other Current Assets	3.87	9.31	9.12	17.85	0.16	-
Total Current Assets	57.89	67.15	65.88	40.73	50.68	27.64
Property, Plant & Equipment	296.13	265.39	161.52	38.87	13.96	14.7
Long-Term Investments	12.4	12.78	14.9	23.49	-	-
Other Long-Term Assets	9.17	9.21	13.68	4.15	0.46	0.43
Total Assets	375.59	354.52	255.98	107.24	65.1	42.78
Accounts Payable	18.54	19.92	17.18	6.2	1.14	2.05
Accrued Expenses	-	0.09	0.71	0.3	-	-
Short-Term Debt	-	-	28.62	35.74	-	-
Current Portion of Leases	3.33	0.19	0.12	0.08	0.07	0.05
Other Current Liabilities	0.85	0.34	0.35	0.06	-	-
Total Current Liabilities	33.64	20.55	46.97	42.38	1.21	2.1
Long-Term Debt	45.54	42.23	-	-	-	-
Long-Term Leases	2.14	0.12	0.59	0.58	0.66	0.71
Other Long-Term Liabilities	11.41	11.51	7.25	-	-	-
Total Liabilities	92.72	74.41	54.82	42.96	1.87	2.81
Common Stock	389.18	388.68	291.17	132.12	131.71	88.5
Additional Paid-In Capital	7.86	8.06	8.01	6.73	5.25	3.3
Retained Earnings	-114.14	-116.59	-97.98	-74.53	-73.69	-51.8
Comprehensive Income & Other	-0.04	-0.04	-0.04	-0.04	-0.04	-0.04
Shareholders' Equity	282.87	280.11	201.16	64.28	63.23	39.97
Total Liabilities & Equity	375.59	354.52	255.98	107.24	65.1	42.78
Total Debt	51.01	42.54	29.33	36.4	0.73	0.76
Net Cash (Debt)	-42.23	-20.99	15.86	-15.39	49.41	26.56
Net Cash Growth	-	-	-	-	86.02%	-56.49%
Net Cash Per Share	-0.10	-0.05	0.05	-0.06	0.26	0.15
Filing Date Shares Outstanding	466.03	463.65	397.7	326.46	263.07	177.1
Total Common Shares Outstanding	465.44	463.65	397.7	263.67	263.07	177.1
Working Capital	24.25	46.6	18.9	-1.65	49.47	25.54
Book Value Per Share	0.61	0.60	0.51	0.24	0.24	0.23
Tangible Book Value	282.87	280.11	201.16	64.28	63.23	39.97
Tangible Book Value Per Share	0.61	0.60	0.51	0.24	0.24	0.23
Machinery	15.4	15.08	8.78	7.05	7.13	7.29
Construction In Progress	264.47	241.76	154.92	33.28	7.52	7.45

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