Surface Metals Inc. (SURMF)

Surface Metals Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	0.27	0.26	0.29	9.82	2.8
Cash & Short-Term Investments	0.27	0.26	0.29	9.82	2.8
Cash Growth	4.25%	-12.68%	-97.02%	250.32%	96296.70%
Other Receivables	0.07	0.07	0.04	0.06	0.02
Receivables	0.07	0.07	0.04	0.06	0.02
Prepaid Expenses	0.05	0.03	0.1	0.08	0.18
Other Current Assets	0.65	-	-	0.03	-
Total Current Assets	1.04	0.35	0.43	9.99	3
Property, Plant & Equipment	9.06	12.39	12.5	3.97	0.95
Other Long-Term Assets	0.1	0.09	0.11	0.21	-
Total Assets	10.2	12.83	13.05	14.17	3.94
Accounts Payable	-	-	0.53	0.25	0.2
Accrued Expenses	0.05	0.05	-	0.09	0.05
Current Portion of Leases	0.04	0.03	0.03	-	-
Current Unearned Revenue	-	-	-	0.59	-
Other Current Liabilities	0.15	0.21	-	-	-
Total Current Liabilities	0.24	0.3	0.55	0.93	0.25
Long-Term Leases	0.06	0.1	0.14	-	-
Total Liabilities	0.3	0.4	0.69	0.93	0.25
Common Stock	17.97	17	16.11	15.22	4.81
Retained Earnings	-12.1	-8.01	-7.12	-5.42	-1.89
Comprehensive Income & Other	4.02	3.44	3.37	3.43	0.77
Shareholders' Equity	9.9	12.43	12.36	13.24	3.69
Total Liabilities & Equity	10.2	12.83	13.05	14.17	3.94
Total Debt	0.1	0.14	0.17	-	-
Net Cash (Debt)	0.16	0.12	0.13	9.82	2.8
Net Cash Growth	38.39%	-7.30%	-98.71%	250.32%	-
Net Cash Per Share	0.01	0.01	0.01	0.64	0.37
Filing Date Shares Outstanding	45.36	25.32	20.32	19.46	14.19
Total Common Shares Outstanding	43.59	25.32	19.71	17.83	12.11
Working Capital	0.79	0.06	-0.12	9.05	2.75
Book Value Per Share	0.23	0.49	0.63	0.74	0.30
Tangible Book Value	9.9	12.43	12.36	13.24	3.69
Tangible Book Value Per Share	0.23	0.49	0.63	0.74	0.30
Machinery	0.04	0.04	0.58	0.2	-

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