Dundee Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	37.57	31.99	26.34	47.18	93.85	122.57
Cash & Short-Term Investments	37.57	31.99	26.34	47.18	93.85	122.57
Cash Growth	-8.53%	21.48%	-44.18%	-49.73%	-23.43%	361.90%
Accounts Receivable	4.32	3.11	3.56	1.67	-	-
Other Receivables	-	0.15	-	1.87	3.91	8.5
Receivables	4.32	3.26	3.56	3.54	3.91	8.5
Inventory	-	-	-	-	0.29	2.42
Other Current Assets	74.4	19.75	17.37	29.22	24.08	33.17
Total Current Assets	116.29	55	47.27	79.93	122.12	166.66
Property, Plant & Equipment	2.14	2.31	2.74	3.51	11.38	93.68
Long-Term Investments	293.4	221.03	237.51	285.8	213.91	246.04
Other Intangible Assets	-	-	3.3	4.98	6.22	7.61
Long-Term Deferred Tax Assets	-	-	-	-	1.61	2.67
Other Long-Term Assets	18.65	18.92	18.92	-	2.94	22.8
Total Assets	430.48	297.26	309.74	374.22	358.19	539.46
Accounts Payable	6.67	6.28	6.66	10.32	16.09	19.86
Current Income Taxes Payable	0.34	-	0.77	-	-	-
Other Current Liabilities	-	-	-	1.58	-	7.3
Total Current Liabilities	7.01	6.28	7.43	11.9	16.09	27.16
Long-Term Debt	6.09	10.88	19.04	5.73	5	44.64
Long-Term Leases	1.65	1.75	1.88	2.94	4.21	7.73
Long-Term Deferred Tax Liabilities	-	-	-	3.25	-	-
Total Liabilities	14.74	18.9	28.36	23.82	25.3	79.54
Common Stock	283.06	282.16	282.19	281.15	280.86	330.96
Additional Paid-In Capital	27.86	25.73	24.35	23.16	20.5	18.98
Retained Earnings	172.75	37.72	-18.7	19.46	6.55	74.85
Comprehensive Income & Other	-62.01	-61.92	-43.48	-47.72	-50.71	-46.85
Total Common Equity	421.66	283.69	244.36	276.05	257.2	377.94
Minority Interest	-5.92	-5.34	-8.76	-3.74	-2.4	3.89
Shareholders' Equity	415.74	278.36	281.39	350.4	332.89	459.92
Total Liabilities & Equity	430.48	297.26	309.74	374.22	358.19	539.46
Total Debt	7.74	12.63	20.93	8.67	9.21	52.37
Net Cash (Debt)	29.83	19.37	5.41	38.51	84.65	70.2
Net Cash Growth	4.56%	257.89%	-85.95%	-54.51%	20.58%	-
Net Cash Per Share	0.31	0.20	0.06	0.42	0.95	0.68
Filing Date Shares Outstanding	89.99	89.41	89.03	88.08	87.81	87.74
Total Common Shares Outstanding	89.98	89.38	88.95	88.08	87.81	103.09
Working Capital	109.28	48.72	39.84	68.03	106.03	139.49
Book Value Per Share	4.69	3.17	2.75	3.13	2.93	3.67
Tangible Book Value	421.66	283.69	241.06	271.07	250.98	370.33
Tangible Book Value Per Share	4.69	3.17	2.71	3.08	2.86	3.59
Land	-	-	-	1.35	0.71	53.42
Machinery	-	-	-	0.26	16.76	28.6

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