Montage Gold Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	79.36	191.78	115.32	5.09	5.93	7.72
Short-Term Investments	4.95	15.62	-	-	0.5	0.74
Cash & Short-Term Investments	84.31	207.4	115.32	5.09	6.42	8.46
Cash Growth	97.39%	79.85%	2166.26%	-20.76%	-24.10%	-67.32%
Prepaid Expenses	-	-	-	0.35	0.49	0.45
Other Current Assets	4.2	3.09	1.09	-	-	-
Total Current Assets	88.5	210.49	116.41	5.44	6.91	8.91
Property, Plant & Equipment	595.37	469.27	70.82	29.14	31.47	9.58
Long-Term Investments	14.77	16.08	9.31	-	-	-
Long-Term Deferred Charges	6.21	6.25	6.08	-	-	-
Other Long-Term Assets	32.98	30.39	54.11	0.02	0.02	0.01
Total Assets	737.83	732.47	256.72	34.6	38.4	18.5
Accounts Payable	30.39	32.6	28.31	0.91	1.6	0.87
Current Portion of Leases	0.25	0.25	-	0.03	-	-
Current Income Taxes Payable	2.86	2.3	-	-	-	-
Other Current Liabilities	0.02	0.01	0.13	-	-	-
Total Current Liabilities	33.95	35.16	28.44	0.94	1.6	0.87
Long-Term Leases	0.13	0.19	-	0.07	-	-
Long-Term Unearned Revenue	577.87	569.81	84.87	-	-	-
Other Long-Term Liabilities	10.08	10.66	0.26	-	-	-
Total Liabilities	628.02	615.82	113.57	1.02	1.6	0.87
Common Stock	259.79	259.74	239.88	90.17	76.1	51.73
Additional Paid-In Capital	8.4	7.04	4.29	2.23	1.47	1.63
Retained Earnings	-159.77	-151.62	-102.04	-59.64	-40.16	-35.22
Comprehensive Income & Other	1.69	1.69	0.92	0.82	-0.62	-0.52
Total Common Equity	110.11	116.85	143.05	33.58	36.79	17.63
Minority Interest	-0.31	-0.19	0.11	-	-	-
Shareholders' Equity	109.8	116.66	143.15	33.58	36.79	17.63
Total Liabilities & Equity	737.83	732.47	256.72	34.6	38.4	18.5
Total Debt	6.8	0.44	-	0.11	-	-
Net Cash (Debt)	77.51	206.96	115.32	4.98	6.42	8.46
Net Cash Growth	83.09%	79.47%	2214.12%	-22.40%	-24.10%	-67.32%
Net Cash Per Share	0.21	0.58	0.43	0.03	0.06	0.08
Filing Date Shares Outstanding	402.88	364.31	354.11	239.09	185	105.34
Total Common Shares Outstanding	364.31	364.27	348.35	185.35	160.5	105.04
Working Capital	54.55	175.32	87.97	4.49	5.31	8.04
Book Value Per Share	0.30	0.32	0.41	0.18	0.23	0.17
Tangible Book Value	110.11	116.85	143.05	33.58	36.79	17.63
Tangible Book Value Per Share	0.30	0.32	0.41	0.18	0.23	0.17
Land	21.24	19.41	3.76	0.11	-	-
Machinery	27.81	24.61	3.51	1.27	0.95	0.8
Construction In Progress	494.39	377.97	27.39	-	-	-

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