Rio2 Limited (TSX:RIO)

Rio2 Limited Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	49.68	46.38	45.01	4.6	4.68	21.35
Short-Term Investments	-	-	-	-	0.05	0.05
Cash & Short-Term Investments	49.68	46.38	45.01	4.6	4.73	21.39
Cash Growth	275.34%	3.03%	879.31%	-2.74%	-77.91%	522.86%
Accounts Receivable	68.21	-	-	-	0.12	-
Other Receivables	-	33.82	0.07	0.01	0.24	0.25
Receivables	68.21	33.82	0.07	0.01	0.36	0.25
Inventory	48.9	7.49	-	-	-	-
Prepaid Expenses	4.17	0.65	0.32	0.29	0.41	1.48
Restricted Cash	-	0.44	-	-	-	-
Other Current Assets	9.79	139.68	-	-	-	-
Total Current Assets	180.75	228.44	45.41	4.89	5.5	23.12
Property, Plant & Equipment	1,025	227.17	108.64	92.95	93.06	62.59
Long-Term Investments	3.33	3.75	-	-	-	-
Other Intangible Assets	-	-	-	-	0.02	0.06
Long-Term Deferred Charges	3.23	3.25	3.25	-	-	-
Other Long-Term Assets	7.94	6.21	16.51	10.58	16.47	9.93
Total Assets	1,221	468.81	173.8	108.42	115.06	95.7

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	68.2	25.93	9.52	0.25	1.34	2.77
Accrued Expenses	14.21	-	-	0.23	0.16	0.71
Current Portion of Leases	4.48	0.15	0.14	0.15	0.21	0.19
Current Unearned Revenue	37.15	33.65	-	-	-	-
Other Current Liabilities	39.92	139.67	-	-	-	-
Total Current Liabilities	197.93	199.41	9.66	0.64	1.71	3.67
Long-Term Leases	3.73	0	0.15	0.31	0.5	0.3
Long-Term Unearned Revenue	143.22	137.19	34	30.3	27.19	-
Other Long-Term Liabilities	237.55	9.13	4.88	3.96	3.83	3.37
Total Liabilities	835.45	345.73	48.69	35.21	33.23	7.33

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	391.82	203.96	192.75	128.81	128.53	127.2
Retained Earnings	-8.01	-77.11	-63.47	-63.45	-51.09	-48.79
Comprehensive Income & Other	-3.6	-3.78	-4.17	7.84	4.39	9.95
Shareholders' Equity	385.07	123.08	125.11	73.21	81.83	88.36
Total Liabilities & Equity	1,221	468.81	173.8	108.42	115.06	95.7

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	94.4	0.15	0.29	0.47	0.71	0.49
Net Cash (Debt)	-44.72	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	-0.09	0.11	0.14	0.02	0.02	0.09
Filing Date Shares Outstanding	548.98	526.34	426.37	259.57	257.64	256.31
Total Common Shares Outstanding	548.94	436.21	426.37	259.23	257.56	254.34
Working Capital	-17.19	29.03	35.74	4.26	3.79	19.45
Book Value Per Share	0.69	0.28	0.29	0.28	0.32	0.35
Tangible Book Value	380.2	123.08	125.11	73.21	81.81	88.3
Tangible Book Value Per Share	0.69	0.28	0.29	0.28	0.32	0.35
Land	-	-	-	-	0	0
Machinery	77.38	10.42	41.43	32.95	29.91	2.05
Construction In Progress	204.41	149.06	1.51	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error