Fortuna Mining Corp. (TSX:FVI)

Fortuna Mining Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	438.28	231.33	128.15	80.49	107.1	131.9
Short-Term Investments	-	-	-	-	0.42	1.06
Cash & Short-Term Investments	438.28	231.33	128.15	80.49	107.51	132.96
Cash Growth	142.75%	80.52%	59.20%	-25.13%	-19.14%	59.41%
Accounts Receivable	17.23	26.7	19.97	23.98	25.72	26.31
Other Receivables	47.59	73.11	49.48	37.46	48.06	46.14
Receivables	64.82	99.81	69.45	61.44	73.78	72.45
Inventory	110.74	134.5	115.83	92.03	85.82	35.27
Prepaid Expenses	8.47	15.94	14.6	11.18	8.06	2.62
Other Current Assets	24.65	4.67	5.3	7.57	5.91	4.77
Total Current Assets	646.96	486.24	333.33	252.71	281.08	248.07
Property, Plant & Equipment	1,521	1,539	1,574	1,568	1,712	791.13
Long-Term Deferred Charges	1.08	1.39	-	-	-	-
Other Long-Term Assets	72.23	88.71	60.33	55.89	28.49	16.14
Total Assets	2,241	2,116	1,968	1,876	2,022	1,055
Accounts Payable	58.63	91.18	100.39	72.57	82.53	31.57
Accrued Expenses	47.81	44.9	32.5	31.26	36.03	29.34
Current Portion of Long-Term Debt	-	-	43.9	-	-	1.08
Current Portion of Leases	21.39	19.76	14.94	9.42	10.52	6.98
Current Income Taxes Payable	58.34	80.12	31.78	11.59	20.56	23.81
Other Current Liabilities	10.01	20.08	20.26	10.24	17.12	3.66
Total Current Liabilities	196.18	256.03	243.77	135.08	166.77	96.44
Long-Term Debt	132.19	126.03	162.95	219.18	157.49	158.62
Long-Term Leases	59.84	48.22	42.46	11.93	18.88	12.52
Long-Term Deferred Tax Liabilities	127.09	144.27	159.86	167.62	191.67	19.5
Other Long-Term Liabilities	54.34	74.92	70.71	53.72	57.54	42.49
Total Liabilities	569.64	649.46	679.74	587.53	592.35	329.57
Common Stock	1,129	1,130	1,125	1,076	1,080	492.31
Retained Earnings	428.52	216.38	87.65	138.49	266.62	208.74
Comprehensive Income & Other	61.55	57.77	25.34	29.93	28.79	24.72
Total Common Equity	1,619	1,404	1,238	1,245	1,375	725.77
Minority Interest	52.36	62.21	49.75	43.94	54.42	-
Shareholders' Equity	1,671	1,466	1,288	1,289	1,430	725.77
Total Liabilities & Equity	2,241	2,116	1,968	1,876	2,022	1,055
Total Debt	213.42	194.01	264.25	240.52	186.89	179.2
Net Cash (Debt)	224.86	37.32	-136.1	-160.03	-79.38	-46.24
Net Cash Per Share	0.73	0.12	-0.46	-0.55	-0.32	-0.25
Filing Date Shares Outstanding	306.96	306.53	306.59	290.26	291.88	184.2
Total Common Shares Outstanding	306.96	306.93	306.59	290.22	291.53	184.2
Working Capital	450.78	230.21	89.56	117.63	114.31	151.63
Book Value Per Share	5.27	4.57	4.04	4.29	4.72	3.94
Tangible Book Value	1,619	1,404	1,238	1,245	1,375	725.77
Tangible Book Value Per Share	5.27	4.57	4.04	4.29	4.72	3.94
Construction In Progress	43.43	73.89	44.22	154.65	57.76	188.96

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.