Rio2 Limited (TSX:RIO)

Rio2 Limited Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.48	45.01	4.6	4.68	21.35	2.6
Short-Term Investments	-	-	-	0.05	0.05	0.83
Cash & Short-Term Investments	32.48	45.01	4.6	4.73	21.39	3.43
Cash Growth	125.59%	879.31%	-2.74%	-77.91%	522.86%	-77.12%
Accounts Receivable	-	-	-	0.12	-	-
Other Receivables	26.97	0.07	0.01	0.24	0.25	0.01
Receivables	26.97	0.07	0.01	0.36	0.25	0.01
Prepaid Expenses	0.42	0.32	0.29	0.41	1.48	0.19
Total Current Assets	60.27	45.41	4.89	5.5	23.12	3.63
Property, Plant & Equipment	196.47	108.64	92.95	93.06	62.59	59.26
Other Intangible Assets	-	-	-	0.02	0.06	0.09
Long-Term Deferred Charges	3.25	3.25	-	-	-	-
Other Long-Term Assets	5.91	16.51	10.58	16.47	9.93	9.19
Total Assets	269.22	173.8	108.42	115.06	95.7	72.16
Accounts Payable	24.17	8.77	0.25	1.34	2.77	2.17
Accrued Expenses	-	0.75	0.23	0.16	0.71	0.01
Current Portion of Leases	0.15	0.14	0.15	0.21	0.19	0.21
Total Current Liabilities	48.08	9.66	0.64	1.71	3.67	2.39
Long-Term Leases	0.04	0.15	0.31	0.5	0.3	0.27
Long-Term Unearned Revenue	91.91	34	30.3	27.19	-	-
Other Long-Term Liabilities	8.24	4.88	3.96	3.83	3.37	3.72
Total Liabilities	148.26	48.69	35.21	33.23	7.33	6.38
Common Stock	195.17	192.75	128.81	128.53	127.2	95.77
Retained Earnings	-69.61	-63.47	-63.45	-51.09	-48.79	-38.26
Comprehensive Income & Other	-4.6	-4.17	7.84	4.39	9.95	8.27
Shareholders' Equity	120.96	125.11	73.21	81.83	88.36	65.78
Total Liabilities & Equity	269.22	173.8	108.42	115.06	95.7	72.16
Total Debt	0.19	0.29	0.47	0.71	0.49	0.48
Net Cash (Debt)	32.28	44.72	4.13	4.01	20.91	2.95
Net Cash Growth	129.78%	982.55%	2.96%	-80.81%	607.80%	-80.33%
Net Cash Per Share	0.08	0.14	0.02	0.02	0.09	0.02
Filing Date Shares Outstanding	429.87	426.37	259.57	257.64	256.31	199.59
Total Common Shares Outstanding	429.87	426.37	259.23	257.56	254.34	190.71
Working Capital	12.2	35.74	4.26	3.79	19.45	1.24
Book Value Per Share	0.28	0.29	0.28	0.32	0.35	0.34
Tangible Book Value	120.96	125.11	73.21	81.81	88.3	65.69
Tangible Book Value Per Share	0.28	0.29	0.28	0.32	0.35	0.34
Land	-	-	-	0	0	0
Machinery	10.42	41.43	32.95	29.91	2.05	0.28
Construction In Progress	117.63	1.51	-	-	-	-

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