OR Royalties 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	94.94	142.13	59.1	51.2	66.9	91.43
Short-Term Investments	-	-	-	6.2	-	-
Cash & Short-Term Investments	94.94	142.13	59.1	57.4	66.9	91.43
Cash Growth	50.53%	140.51%	2.95%	-14.20%	-26.82%	-61.93%
Accounts Receivable	5.63	2.28	2.11	3.11	1.48	1.09
Other Receivables	-	0.94	1	1.65	7.16	10.52
Receivables	5.63	3.23	3.11	4.75	8.64	11.61
Inventory	-	-	-	0.01	0.01	14.69
Prepaid Expenses	2.95	2.33	1.61	1.38	1.87	3.11
Total Current Assets	103.53	147.68	63.81	63.55	77.43	120.84
Property, Plant & Equipment	1,203	1,145	1,118	1,180	1,023	1,418
Long-Term Investments	209.8	189.26	117.31	157.78	290.57	232.61
Goodwill	79.78	81.13	77.28	84.08	82.17	87.87
Long-Term Deferred Charges	-	2	1.29	1.39	1.36	1.41
Other Long-Term Assets	8.34	1.29	-	-	-	12.84
Total Assets	1,605	1,566	1,378	1,486	1,475	1,873
Accounts Payable	5.56	3.04	1.38	2.37	0.48	7.65
Accrued Expenses	-	0.9	0.89	0.79	1.8	5.38
Current Portion of Long-Term Debt	-	-	-	-	-	233.03
Current Portion of Leases	1.21	1.21	0.85	0.85	0.68	-
Current Income Taxes Payable	8.14	13.66	-	-	-	-
Other Current Liabilities	10.31	13.83	11.5	11.45	10.25	27.58
Total Current Liabilities	25.22	32.63	14.62	15.46	13.2	273.63
Long-Term Debt	-	-	93.9	145.08	109.32	91.3
Long-Term Leases	3.43	3.8	3.93	5.2	4.95	-
Long-Term Deferred Tax Liabilities	102.87	98.01	76.23	72.8	63.97	54.06
Other Long-Term Liabilities	-	-	-	-	-	47.68
Total Liabilities	131.52	134.44	188.68	238.54	191.43	466.67
Common Stock	1,694	1,688	1,676	1,659	1,534	1,409
Additional Paid-In Capital	59.04	65.87	63.57	62.33	57.11	33.6
Retained Earnings	-224.13	-270.17	-408.71	-388.49	-342.53	-223.66
Comprehensive Income & Other	-55.83	-51.78	-141.84	-84.82	35.05	72.25
Total Common Equity	1,473	1,432	1,189	1,248	1,284	1,292
Minority Interest	-	-	-	-	-	114.94
Shareholders' Equity	1,473	1,432	1,189	1,248	1,284	1,407
Total Liabilities & Equity	1,605	1,566	1,378	1,486	1,475	1,873
Total Debt	4.64	5	98.68	151.13	114.95	324.33
Net Cash (Debt)	90.3	137.13	-39.59	-93.73	-48.04	-232.9
Net Cash Per Share	0.48	0.72	-0.21	-0.51	-0.27	-1.39
Filing Date Shares Outstanding	187.5	187.51	186.75	185.61	184.19	166.22
Total Common Shares Outstanding	187.44	187.15	186.68	185.35	184.04	166.49
Working Capital	78.31	115.05	49.2	48.08	64.23	-152.79
Book Value Per Share	7.86	7.65	6.37	6.73	6.97	7.76
Tangible Book Value	1,393	1,351	1,112	1,164	1,201	1,204
Tangible Book Value Per Share	7.43	7.22	5.95	6.28	6.53	7.23
Machinery	-	-	-	-	-	83.06

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