Novo Resources 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	10.46	7.62	10.69	11.61	47.93	32.35
Short-Term Investments	0.14	0.12	0.12	0.15	0.15	0.11
Cash & Short-Term Investments	10.6	7.74	10.81	11.76	48.08	32.45
Cash Growth	15.73%	-28.36%	-8.14%	-75.53%	48.14%	-20.24%
Other Receivables	0.14	0.41	0.2	11.28	2.59	6.13
Receivables	0.14	0.41	0.2	11.28	2.59	6.13
Inventory	-	-	-	-	4.64	9.65
Prepaid Expenses	0.42	0.51	0.45	0.82	1.12	1.16
Total Current Assets	11.16	8.66	11.46	23.86	56.43	49.39
Property, Plant & Equipment	33.28	31.79	41.8	48.1	178.93	257.01
Long-Term Investments	20.43	20.8	31.92	34.4	20.7	156.21
Other Long-Term Assets	0.1	0.1	0.1	0.1	0.1	0.08
Total Assets	64.98	61.35	85.27	106.45	256.16	462.68
Accounts Payable	0.97	0.21	0.29	0.56	1.74	3.25
Accrued Expenses	-	0.41	0.67	2.25	4.51	13.65
Current Portion of Long-Term Debt	-	-	-	-	-	6.34
Current Portion of Leases	0.15	0.14	0.12	1.17	4.31	12.45
Current Income Taxes Payable	0.3	0.97	0.43	-	6.05	-
Current Unearned Revenue	-	-	-	1.93	-	-
Other Current Liabilities	9.2	10.88	2.86	3.07	6.11	9.77
Total Current Liabilities	10.61	12.6	4.36	8.98	22.73	45.46
Long-Term Debt	-	-	-	-	-	37.38
Long-Term Leases	0.14	0.17	0.31	0.45	2.28	18.53
Long-Term Deferred Tax Liabilities	2.37	2.37	3.82	3.68	1.24	10.33
Other Long-Term Liabilities	-	-	7.29	8.43	41.94	36.72
Total Liabilities	13.11	15.14	15.78	21.53	68.19	148.42
Common Stock	419.78	415.56	415.56	414.9	396.82	388.78
Retained Earnings	-437.47	-436.78	-414.39	-391.17	-263.35	-157.94
Comprehensive Income & Other	69.56	67.43	68.33	61.19	54.5	83.42
Shareholders' Equity	51.87	46.21	69.5	84.92	187.97	314.26
Total Liabilities & Equity	64.98	61.35	85.27	106.45	256.16	462.68
Total Debt	0.29	0.31	0.43	1.62	6.6	74.71
Net Cash (Debt)	30.75	28.23	42.29	44.54	62.18	113.96
Net Cash Growth	-24.42%	-33.25%	-5.05%	-28.37%	-45.43%	-
Net Cash Per Share	0.09	0.08	0.12	0.15	0.25	0.48
Filing Date Shares Outstanding	370.68	354.63	354.63	353.06	263.1	245.94
Total Common Shares Outstanding	370.68	354.63	354.63	350.95	263.09	245.94
Working Capital	0.56	-3.94	7.1	14.89	33.7	3.93
Book Value Per Share	0.14	0.13	0.20	0.24	0.71	1.28
Tangible Book Value	51.87	46.21	69.5	84.92	187.97	314.26
Tangible Book Value Per Share	0.14	0.13	0.20	0.24	0.71	1.28
Buildings	-	-	-	-	5.16	4.77
Machinery	-	-	-	-	88.06	81.45
Construction In Progress	-	-	-	-	-	3.42
Leasehold Improvements	-	-	-	-	0.17	0.18