Rio2 Limited Balance Sheet

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

Millions USD. 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	46.38	45.01	4.6	4.68	21.35
Short-Term Investments	-	-	-	0.05	0.05
Cash & Short-Term Investments	46.38	45.01	4.6	4.73	21.39
Cash Growth	3.03%	879.31%	-2.74%	-77.91%	522.86%
Accounts Receivable	-	-	-	0.12	-
Other Receivables	33.82	0.07	0.01	0.24	0.25
Receivables	33.82	0.07	0.01	0.36	0.25
Inventory	7.49	-	-	-	-
Prepaid Expenses	0.65	0.32	0.29	0.41	1.48
Restricted Cash	0.44	-	-	-	-
Other Current Assets	139.68	-	-	-	-
Total Current Assets	228.44	45.41	4.89	5.5	23.12
Property, Plant & Equipment	227.17	108.64	92.95	93.06	62.59
Long-Term Investments	3.75	-	-	-	-
Other Intangible Assets	-	-	-	0.02	0.06
Long-Term Deferred Charges	3.25	3.25	-	-	-
Other Long-Term Assets	6.21	16.51	10.58	16.47	9.93
Total Assets	468.81	173.8	108.42	115.06	95.7
Accounts Payable	25.93	9.52	0.25	1.34	2.77
Accrued Expenses	-	-	0.23	0.16	0.71
Current Portion of Leases	0.15	0.14	0.15	0.21	0.19
Current Unearned Revenue	33.65	-	-	-	-
Other Current Liabilities	139.67	-	-	-	-
Total Current Liabilities	199.41	9.66	0.64	1.71	3.67
Long-Term Leases	0	0.15	0.31	0.5	0.3
Long-Term Unearned Revenue	137.19	34	30.3	27.19	-
Other Long-Term Liabilities	9.13	4.88	3.96	3.83	3.37
Total Liabilities	345.73	48.69	35.21	33.23	7.33
Common Stock	203.96	192.75	128.81	128.53	127.2
Retained Earnings	-77.11	-63.47	-63.45	-51.09	-48.79
Comprehensive Income & Other	-3.78	-4.17	7.84	4.39	9.95
Shareholders' Equity	123.08	125.11	73.21	81.83	88.36
Total Liabilities & Equity	468.81	173.8	108.42	115.06	95.7
Total Debt	0.15	0.29	0.47	0.71	0.49
Net Cash (Debt)	46.22	44.72	4.13	4.01	20.91
Net Cash Growth	3.36%	982.55%	2.96%	-80.81%	607.80%
Net Cash Per Share	0.11	0.14	0.02	0.02	0.09
Filing Date Shares Outstanding	526.34	426.37	259.57	257.64	256.31
Total Common Shares Outstanding	436.21	426.37	259.23	257.56	254.34
Working Capital	29.03	35.74	4.26	3.79	19.45
Book Value Per Share	0.28	0.29	0.28	0.32	0.35
Tangible Book Value	123.08	125.11	73.21	81.81	88.3
Tangible Book Value Per Share	0.28	0.29	0.28	0.32	0.35
Land	-	-	-	0	0
Machinery	10.42	41.43	32.95	29.91	2.05
Construction In Progress	149.06	1.51	-	-	-

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