Montage Gold 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	191.78	115.32	5.09	5.93	7.72
Short-Term Investments	15.62	-	-	0.5	0.74
Cash & Short-Term Investments	207.4	115.32	5.09	6.42	8.46
Cash Growth	79.85%	2166.26%	-20.76%	-24.10%	-67.32%
Prepaid Expenses	-	-	0.35	0.49	0.45
Other Current Assets	3.09	1.09	-	-	-
Total Current Assets	210.49	116.41	5.44	6.91	8.91
Property, Plant & Equipment	469.27	70.82	29.14	31.47	9.58
Long-Term Investments	16.08	9.31	-	-	-
Long-Term Deferred Charges	6.25	6.08	-	-	-
Other Long-Term Assets	30.39	54.11	0.02	0.02	0.01
Total Assets	732.47	256.72	34.6	38.4	18.5
Accounts Payable	32.6	28.31	0.91	1.6	0.87
Current Portion of Leases	-	-	0.03	-	-
Current Income Taxes Payable	2.3	-	-	-	-
Other Current Liabilities	0.26	0.13	-	-	-
Total Current Liabilities	35.16	28.44	0.94	1.6	0.87
Long-Term Leases	-	-	0.07	-	-
Long-Term Unearned Revenue	569.81	84.87	-	-	-
Other Long-Term Liabilities	10.85	0.26	-	-	-
Total Liabilities	615.82	113.57	1.02	1.6	0.87
Common Stock	259.74	239.88	90.17	76.1	51.73
Additional Paid-In Capital	7.04	4.29	2.23	1.47	1.63
Retained Earnings	-151.62	-102.04	-59.64	-40.16	-35.22
Comprehensive Income & Other	1.69	0.92	0.82	-0.62	-0.52
Total Common Equity	116.85	143.05	33.58	36.79	17.63
Minority Interest	-0.19	0.11	-	-	-
Shareholders' Equity	116.66	143.15	33.58	36.79	17.63
Total Liabilities & Equity	732.47	256.72	34.6	38.4	18.5
Total Debt	-	-	0.11	-	-
Net Cash (Debt)	207.4	115.32	4.98	6.42	8.46
Net Cash Growth	79.85%	2214.12%	-22.40%	-24.10%	-67.32%
Net Cash Per Share	0.58	0.43	0.03	0.06	0.08
Filing Date Shares Outstanding	364.31	354.11	239.09	185	105.34
Total Common Shares Outstanding	364.27	348.35	185.35	160.5	105.04
Working Capital	175.32	87.97	4.49	5.31	8.04
Book Value Per Share	0.32	0.41	0.18	0.23	0.17
Tangible Book Value	116.85	143.05	33.58	36.79	17.63
Tangible Book Value Per Share	0.32	0.41	0.18	0.23	0.17
Land	19.41	3.76	0.11	-	-
Machinery	24.61	3.51	1.27	0.95	0.8
Construction In Progress	377.97	27.39	-	-	-

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