Nouveau Monde Graphite Balance Sheet

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

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

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