Nouveau Monde Graphite Balance Sheet

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

Millions CAD. 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	57.31	73.94	106.3	36.33	59.92	62.36
Cash & Short-Term Investments	57.31	73.94	106.3	36.33	59.92	62.36
Cash Growth	-35.60%	-30.44%	192.57%	-39.37%	-3.90%	1279.53%
Other Receivables	3.34	3.31	3.18	3.9	10.32	9.06
Receivables	3.34	3.31	3.18	3.9	10.32	9.06
Prepaid Expenses	1.05	1.59	1.53	2.7	3.06	2.77
Restricted Cash	0.62	0.62	3	-	0.62	-
Total Current Assets	64.13	79.45	114.01	42.93	73.92	74.18
Property, Plant & Equipment	93.22	86.98	79.17	70.98	66.79	44.36
Long-Term Investments	0.35	0.45	0.33	1.08	0.8	-
Other Intangible Assets	-	-	-	0.06	0.18	0.48
Other Long-Term Assets	8.87	7.56	10.6	8.9	8.38	7.33
Total Assets	166.57	174.44	204.1	123.94	150.07	126.35
Accounts Payable	12.52	8.04	10.93	7.05	12.83	13.28
Accrued Expenses	1.47	2.44	2.71	2.75	2.52	1.77
Current Portion of Long-Term Debt	17.49	17.21	16.49	54.1	0.23	0.21
Current Portion of Leases	0.56	0.57	0.47	0.45	0.43	0.33
Current Unearned Revenue	0.19	0.19	0.79	1.26	0.02	-
Other Current Liabilities	53.54	62.96	15.59	-	0.08	0.14
Total Current Liabilities	85.76	91.41	46.98	65.61	16.11	15.73
Long-Term Debt	0.43	0.5	0.76	1.28	58.31	1.92
Long-Term Leases	0.98	1.11	1.24	1.64	2.39	1.99
Other Long-Term Liabilities	1.87	1.58	1.46	0.99	0.95	1.01
Total Liabilities	89.03	94.6	50.44	69.51	77.75	20.65
Common Stock	436.73	436.48	411.24	238.82	210.79	206.48
Additional Paid-In Capital	38.51	37.07	32.61	28.5	25.31	16.1
Retained Earnings	-403.52	-399.05	-293.87	-220.59	-164.6	-116.89
Comprehensive Income & Other	5.81	5.36	3.68	7.69	0.83	-
Shareholders' Equity	77.54	79.85	153.66	54.43	72.32	105.7
Total Liabilities & Equity	166.57	174.44	204.1	123.94	150.07	126.35
Total Debt	19.46	19.39	18.96	57.47	61.35	4.45
Net Cash (Debt)	37.85	54.55	87.33	-21.14	-1.43	57.9
Net Cash Growth	-45.69%	-37.54%	-	-	-	-
Net Cash Per Share	0.24	0.35	0.85	-0.35	-0.03	1.35
Filing Date Shares Outstanding	160.83	160.83	152.26	92.11	55.87	55.22
Total Common Shares Outstanding	160.83	160.76	152.26	60.9	55.87	55.12
Working Capital	-21.62	-11.95	67.03	-22.68	57.82	58.45
Book Value Per Share	0.48	0.50	1.01	0.89	1.29	1.92
Tangible Book Value	77.54	79.85	153.66	54.37	72.14	105.21
Tangible Book Value Per Share	0.48	0.50	1.01	0.89	1.29	1.91
Land	3.19	2.46	2.46	2.46	2.46	2.41
Buildings	3.25	1.98	2.03	3.44	3.27	2.79
Machinery	23.16	23.36	28.13	25.71	10.2	0.38
Construction In Progress	2.07	2.06	2.79	0.71	14.59	18.89