Steppe Gold Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	7.08	47.13	14.9	1.99	1.8
Short-Term Investments	100.79	97.35	-	-	-
Cash & Short-Term Investments	107.87	144.48	14.9	1.99	1.8
Cash Growth	623.78%	869.46%	648.52%	10.92%	-
Other Receivables	4.45	5.57	1.92	1.23	1.48
Receivables	4.45	5.57	1.92	1.23	1.48
Inventory	73.16	62.76	20.85	16.51	11.63
Prepaid Expenses	5.67	0.13	0.01	0.09	0.06
Other Current Assets	-	2.85	2.95	3.43	3.64
Total Current Assets	191.14	215.8	40.64	23.25	18.61
Property, Plant & Equipment	135.2	133.24	49.92	65.45	67.1
Long-Term Investments	0.21	0.32	156.74	139.93	115.71
Other Intangible Assets	-	-	-	0.57	1.07
Long-Term Deferred Tax Assets	0.99	0.89	-	-	-
Other Long-Term Assets	-	1.9	-	-	-
Total Assets	327.54	352.14	247.3	229.19	202.49
Accounts Payable	-	-	-	5.98	4.19
Accrued Expenses	1.88	1.73	0.89	0.5	0.7
Short-Term Debt	5.4	6.91	-	-	-
Current Portion of Long-Term Debt	14.55	19.59	82.6	28.09	40.65
Current Portion of Leases	0.39	0.31	-	-	-
Current Income Taxes Payable	7.09	17.97	11.36	4.69	5.68
Other Current Liabilities	20.11	18.26	31.75	0.14	0.16
Total Current Liabilities	49.43	64.77	126.6	39.41	51.39
Long-Term Debt	134.93	160.03	2.82	89.62	85.95
Long-Term Leases	0.38	0.31	-	-	-
Long-Term Deferred Tax Liabilities	-	-	2.7	5.27	4.88
Other Long-Term Liabilities	17.25	16.97	12	12.2	13.43
Total Liabilities	201.98	242.08	144.11	146.5	155.65
Common Stock	55.42	55.42	3	3	3
Retained Earnings	71.85	56.24	100.18	62.82	26.98
Comprehensive Income & Other	-1.66	-1.57	-	16.87	16.87
Total Common Equity	125.62	110.09	103.18	82.69	46.85
Minority Interest	-0.07	-0.03	-	-	-
Shareholders' Equity	125.56	110.07	103.18	82.69	46.85
Total Liabilities & Equity	327.54	352.14	247.3	229.19	202.49
Total Debt	155.65	187.15	85.42	117.72	126.6
Net Cash (Debt)	-47.78	-42.67	-70.52	-115.72	-124.8
Net Cash Per Share	-0.19	-0.22	-0.49	-38.57	-41.60
Filing Date Shares Outstanding	252.83	252.83	3	3	3
Total Common Shares Outstanding	252.83	252.83	3	3	3
Working Capital	141.71	151.02	-85.96	-16.16	-32.79
Book Value Per Share	0.50	0.44	34.39	27.56	15.62
Tangible Book Value	125.62	110.09	103.18	82.12	45.77
Tangible Book Value Per Share	0.50	0.44	34.39	27.37	15.26
Buildings	-	-	-	18.94	18.86
Machinery	-	-	-	138.78	127.6
Construction In Progress	63.19	57.52	1.52	-	-

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