Novo Resources Balance Sheet

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

Millions CAD. 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	7.62	10.69	11.61	47.93	32.35
Short-Term Investments	0.12	0.12	0.15	0.15	0.11
Cash & Short-Term Investments	7.74	10.81	11.76	48.08	32.45
Cash Growth	-28.36%	-8.14%	-75.53%	48.14%	-20.24%
Other Receivables	0.41	0.2	11.28	2.59	6.13
Receivables	0.41	0.2	11.28	2.59	6.13
Inventory	-	-	-	4.64	9.65
Prepaid Expenses	0.51	0.45	0.82	1.12	1.16
Total Current Assets	8.66	11.46	23.86	56.43	49.39
Property, Plant & Equipment	31.79	41.8	48.1	178.93	257.01
Long-Term Investments	20.8	31.92	34.4	20.7	156.21
Other Long-Term Assets	0.1	0.1	0.1	0.1	0.08
Total Assets	61.35	85.27	106.45	256.16	462.68
Accounts Payable	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	0.14	0.12	1.17	4.31	12.45
Current Income Taxes Payable	0.97	0.43	-	6.05	-
Current Unearned Revenue	-	-	1.93	-	-
Other Current Liabilities	10.88	2.86	3.07	6.11	9.77
Total Current Liabilities	12.6	4.36	8.98	22.73	45.46
Long-Term Debt	-	-	-	-	37.38
Long-Term Leases	0.17	0.31	0.45	2.28	18.53
Long-Term Deferred Tax Liabilities	2.37	3.82	3.68	1.24	10.33
Other Long-Term Liabilities	-	7.29	8.43	41.94	36.72
Total Liabilities	15.14	15.78	21.53	68.19	148.42
Common Stock	415.56	415.56	414.9	396.82	388.78
Retained Earnings	-436.78	-414.39	-391.17	-263.35	-157.94
Comprehensive Income & Other	67.43	68.33	61.19	54.5	83.42
Shareholders' Equity	46.21	69.5	84.92	187.97	314.26
Total Liabilities & Equity	61.35	85.27	106.45	256.16	462.68
Total Debt	0.31	0.43	1.62	6.6	74.71
Net Cash (Debt)	28.23	42.29	44.54	62.18	113.96
Net Cash Growth	-33.25%	-5.05%	-28.37%	-45.43%	-
Net Cash Per Share	0.08	0.12	0.15	0.25	0.48
Filing Date Shares Outstanding	354.63	354.63	353.06	263.1	245.94
Total Common Shares Outstanding	354.63	354.63	350.95	263.09	245.94
Working Capital	-3.94	7.1	14.89	33.7	3.93
Book Value Per Share	0.13	0.20	0.24	0.71	1.28
Tangible Book Value	46.21	69.5	84.92	187.97	314.26
Tangible Book Value Per Share	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

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