Arafura Rare Earths Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	27.18	42.17	128.85	24.68	10.79
Cash & Short-Term Investments	27.18	42.17	128.85	24.68	10.79
Cash Growth	-35.55%	-67.27%	422.07%	128.78%	-52.63%
Accounts Receivable	-	-	-	0.75	-
Other Receivables	0.47	0.57	0.79	-	0
Receivables	0.47	0.57	0.79	0.75	0
Prepaid Expenses	-	-	-	-	0.05
Other Current Assets	-	-	-	-	0.07
Total Current Assets	27.65	42.74	129.64	25.43	10.9
Property, Plant & Equipment	125.02	123.9	127.43	117.31	114.07
Other Long-Term Assets	3.19	3.45	2.46	0.59	0.56
Total Assets	155.85	170.09	259.53	143.32	125.53
Accounts Payable	2.29	6.92	32.33	9.7	2.51
Accrued Expenses	0.73	0.69	0.92	0.75	0.73
Current Portion of Leases	0.24	0.5	0.97	0.26	0.19
Current Unearned Revenue	-	12.29	5.99	-	-
Other Current Liabilities	0.05	2.26	0.05	0.02	0.07
Total Current Liabilities	3.3	22.65	40.26	10.74	3.51
Long-Term Leases	-	0.25	0.67	0.21	-
Other Long-Term Liabilities	3.28	3.07	3.7	0.01	0
Total Liabilities	6.59	25.98	44.63	10.95	3.51
Common Stock	519.48	496.13	466.2	287.73	242.26
Retained Earnings	-385.09	-365.85	-264.88	-168.5	-132.94
Comprehensive Income & Other	14.88	13.83	13.57	13.14	12.7
Shareholders' Equity	149.26	144.11	214.9	132.37	122.02
Total Liabilities & Equity	155.85	170.09	259.53	143.32	125.53
Total Debt	0.24	0.75	1.64	0.47	0.19
Net Cash (Debt)	26.94	41.42	127.21	24.21	10.6
Net Cash Growth	-34.96%	-67.44%	425.54%	128.43%	-52.59%
Net Cash Per Share	0.01	0.02	0.07	0.02	0.01
Filing Date Shares Outstanding	2,464	2,399	2,113	1,725	1,504
Total Common Shares Outstanding	2,464	2,310	2,113	1,566	1,171
Working Capital	24.34	20.08	89.38	14.69	7.4
Book Value Per Share	0.06	0.06	0.10	0.08	0.10
Tangible Book Value	149.26	144.11	214.9	132.37	122.02
Tangible Book Value Per Share	0.06	0.06	0.10	0.08	0.10

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