Magna Mining Inc. (TSX:NICU)

Magna Mining Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	40.01	55.9	17.54	10.89	6.18	5.68
Short-Term Investments	-	-	-	0.04	-	-
Cash & Short-Term Investments	40.01	55.9	17.54	10.93	6.18	5.68
Cash Growth	48.09%	218.78%	60.41%	77.02%	8.67%	273.61%
Accounts Receivable	28.98	21.68	1.37	-	-	-
Other Receivables	0.44	1.01	1.66	0.89	0.62	0.5
Receivables	29.42	22.69	3.03	0.89	0.62	0.5
Inventory	5.27	4.99	-	-	-	-
Prepaid Expenses	1.37	1.05	0.21	0.11	0.11	0.05
Other Current Assets	2.21	4.04	0.2	-	-	-
Total Current Assets	78.28	88.67	20.98	11.93	6.91	6.23
Property, Plant & Equipment	101.97	103.31	17.65	17.65	0.12	0.1
Other Long-Term Assets	1.6	1.95	0.94	0.7	0.67	0.66
Total Assets	181.85	193.92	39.57	30.28	7.7	6.99

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	5.34	1.35	1.26	0.83	0.98	0.35
Accrued Expenses	15.01	16.6	2.35	0.79	0.67	0.52
Short-Term Debt	-	-	-	-	0.03	0.03
Current Portion of Leases	0.09	0.14	0.04	0.03	0.02	0.02
Current Unearned Revenue	10.11	8.14	-	2.94	-	0.33
Other Current Liabilities	1.97	1.95	-	-	2.65	0.26
Total Current Liabilities	33.01	28.17	3.64	4.59	4.35	1.51
Long-Term Debt	16.57	15.68	-	-	-	-
Long-Term Leases	0.04	0.08	0.01	0.01	0.01	0.03
Long-Term Unearned Revenue	17.01	21.36	-	-	-	-
Long-Term Deferred Tax Liabilities	6.71	8.41	-	-	-	-
Other Long-Term Liabilities	21.93	21.56	0.88	0.83	0.72	0.7
Total Liabilities	95.27	95.25	4.53	5.43	5.07	2.24

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	142.37	141.43	71.29	45.78	32.47	13.29
Additional Paid-In Capital	9.48	7.86	5.37	-	-	-
Retained Earnings	-73.25	-58.6	-41.62	-25.35	-33	-11.03
Comprehensive Income & Other	7.98	7.98	-	4.41	3.16	2.49
Shareholders' Equity	86.58	98.67	35.04	24.85	2.62	4.75
Total Liabilities & Equity	181.85	193.92	39.57	30.28	7.7	6.99

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	16.7	15.9	0.05	0.04	0.06	0.08
Net Cash (Debt)	23.31	40	17.49	10.89	6.11	5.6
Net Cash Growth	92.26%	128.72%	60.61%	78.10%	9.10%	275.25%
Net Cash Per Share	0.10	0.19	0.10	0.07	0.07	0.10
Filing Date Shares Outstanding	250.89	250.29	203.53	163.38	161.49	71.75
Total Common Shares Outstanding	250.87	249.86	194.91	163.38	146.91	71.75
Working Capital	45.27	60.5	17.33	7.35	2.56	4.72
Book Value Per Share	0.35	0.39	0.18	0.15	0.02	0.07
Tangible Book Value	86.58	98.67	35.04	24.85	2.62	4.75
Tangible Book Value Per Share	0.35	0.39	0.18	0.15	0.02	0.07
Machinery	58.03	55.17	0.18	0.12	0.08	0.03

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

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