Ionic 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	2016 - 2020
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	2016 - 2020
Cash & Equivalents	0.6	2.03	11.12	26.76	11.06	Upgrade
Trading Asset Securities	0.05	2.92	-	-	-	Upgrade
Cash & Short-Term Investments	0.65	4.94	11.12	26.76	11.06	Upgrade
Cash Growth	-86.90%	-55.52%	-58.46%	142.05%	1232.10%	Upgrade
Accounts Receivable	-	-	-	0.53	0.06	Upgrade
Other Receivables	0.17	0.07	1.1	-	-	Upgrade
Receivables	0.17	0.07	1.1	0.53	0.06	Upgrade
Inventory	0.55	1.07	0.79	-	-	Upgrade
Prepaid Expenses	0.06	0.17	0.22	-	-	Upgrade
Other Current Assets	-	-	-	0.07	0.02	Upgrade
Total Current Assets	1.43	6.26	13.24	27.36	11.13	Upgrade
Property, Plant & Equipment	1.68	2.39	3.93	12.6	3.41	Upgrade
Long-Term Investments	24.22	23.93	21.93	3.93	3.54	Upgrade
Other Intangible Assets	5.2	4.99	5.43	5.08	-	Upgrade
Other Long-Term Assets	0.04	-	-	-	-	Upgrade
Total Assets	32.56	37.57	44.52	48.97	18.08	Upgrade
Accounts Payable	1.85	0.57	0.82	0.61	0.39	Upgrade
Current Portion of Leases	0.13	0.12	0.01	0.03	-	Upgrade
Other Current Liabilities	0.75	-	-	-	-	Upgrade
Total Current Liabilities	2.73	0.69	0.82	0.64	0.39	Upgrade
Long-Term Leases	0.24	0.37	-	0.01	-	Upgrade
Long-Term Deferred Tax Liabilities	-	-	-	0.03	-	Upgrade
Total Liabilities	2.97	1.06	0.82	0.68	0.39	Upgrade
Common Stock	95.09	92.13	78.33	82.78	47.36	Upgrade
Retained Earnings	-73.56	-67.32	-46.12	-37.58	-32.93	Upgrade
Comprehensive Income & Other	8.07	11.7	11.48	3.08	3.26	Upgrade
Shareholders' Equity	29.59	36.51	43.7	48.29	17.69	Upgrade
Total Liabilities & Equity	32.56	37.57	44.52	48.97	18.08	Upgrade
Total Debt	0.37	0.49	0.01	0.03	-	Upgrade
Net Cash (Debt)	0.28	4.46	11.11	26.72	11.06	Upgrade
Net Cash Growth	-93.73%	-59.89%	-58.43%	141.73%	1232.10%	Upgrade
Net Cash Per Share	0.00	0.00	0.00	0.01	0.00	Upgrade
Filing Date Shares Outstanding	5,401	4,831	3,956	3,873	3,206	Upgrade
Total Common Shares Outstanding	5,401	4,831	3,946	3,873	3,206	Upgrade
Working Capital	-1.31	5.57	12.41	26.71	10.74	Upgrade
Book Value Per Share	0.01	0.01	0.01	0.01	0.01	Upgrade
Tangible Book Value	24.4	31.52	38.27	43.21	17.69	Upgrade
Tangible Book Value Per Share	0.00	0.01	0.01	0.01	0.01	Upgrade
Machinery	-	3.92	2.61	0.38	-	Upgrade
Leasehold Improvements	-	0.15	0.12	-	-	Upgrade

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