Fortuna Mining Balance Sheet

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

Millions USD. 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	553.99	231.33	128.15	80.49	107.1
Short-Term Investments	6.76	0.06	-	-	0.42
Cash & Short-Term Investments	560.75	231.39	128.15	80.49	107.51
Cash Growth	142.34%	80.56%	59.20%	-25.13%	-19.14%
Accounts Receivable	20.76	26.7	19.97	23.98	25.72
Other Receivables	45.35	73.11	49.48	37.46	48.06
Receivables	66.11	99.81	69.45	61.44	73.78
Inventory	122.69	134.5	115.83	92.03	85.82
Prepaid Expenses	4.12	7.34	14.6	11.18	8.06
Other Current Assets	10.87	13.21	5.3	7.57	5.91
Total Current Assets	764.53	486.24	333.33	252.71	281.08
Property, Plant & Equipment	1,519	1,539	1,574	1,568	1,712
Long-Term Deferred Charges	0.95	1.39	-	-	-
Other Long-Term Assets	76.48	88.71	60.33	55.89	28.49
Total Assets	2,361	2,116	1,968	1,876	2,022
Accounts Payable	77.93	91.18	100.39	72.57	82.53
Accrued Expenses	67.58	44.9	32.5	31.26	36.03
Current Portion of Long-Term Debt	-	-	43.9	-	-
Current Portion of Leases	21.2	19.76	14.94	9.42	10.52
Current Income Taxes Payable	81.82	80.12	31.78	11.59	20.56
Other Current Liabilities	7.86	20.08	20.26	10.24	17.12
Total Current Liabilities	256.38	256.03	243.77	135.08	166.77
Long-Term Debt	134.41	126.03	162.95	219.18	157.49
Long-Term Leases	55.69	48.22	42.46	11.93	18.88
Long-Term Deferred Tax Liabilities	120.31	144.27	159.86	167.62	191.67
Other Long-Term Liabilities	58.54	74.92	70.71	53.72	57.54
Total Liabilities	625.32	649.46	679.74	587.53	592.35
Common Stock	1,125	1,130	1,125	1,076	1,080
Retained Earnings	488.13	216.38	87.65	138.49	266.62
Comprehensive Income & Other	63.69	57.77	25.34	29.93	28.79
Total Common Equity	1,677	1,404	1,238	1,245	1,375
Minority Interest	58.28	62.21	49.75	43.94	54.42
Shareholders' Equity	1,735	1,466	1,288	1,289	1,430
Total Liabilities & Equity	2,361	2,116	1,968	1,876	2,022
Total Debt	211.3	194.01	264.25	240.52	186.89
Net Cash (Debt)	349.45	37.38	-136.1	-160.03	-79.38
Net Cash Growth	834.78%	-	-	-	-
Net Cash Per Share	1.04	0.12	-0.46	-0.55	-0.32
Filing Date Shares Outstanding	305.26	306.53	306.59	290.26	291.88
Total Common Shares Outstanding	305.76	306.93	306.59	290.22	291.53
Working Capital	508.16	230.21	89.56	117.63	114.31
Book Value Per Share	5.48	4.57	4.04	4.29	4.72
Tangible Book Value	1,677	1,404	1,238	1,245	1,375
Tangible Book Value Per Share	5.48	4.57	4.04	4.29	4.72
Construction In Progress	32.28	73.89	44.22	154.65	57.76

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.