Trilogy Metals Balance Sheet

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

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Cash & Equivalents	47.78	51.61	25.83	2.59	2.57	6.31
Short-Term Investments	0.12	0.19	0.2	0.26	0.32	0.29
Cash & Short-Term Investments	47.9	51.81	26.03	2.85	2.89	6.59
Cash Growth	89.27%	99.03%	813.62%	-1.52%	-56.12%	-41.70%
Other Receivables	0.11	0.12	0.02	0.03	0.02	0.02
Receivables	0.11	0.12	0.02	0.03	0.02	0.02
Total Current Assets	48.02	51.92	26.05	2.88	2.91	6.61
Property, Plant & Equipment	0.11	0.12	0.16	0.12	0.33	0.63
Long-Term Investments	106.42	105.26	107.5	135.02	142.75	160.06
Total Assets	154.54	157.3	133.7	138.02	146	167.31
Accounts Payable	0.23	0.65	0.2	0.15	0.19	0.21
Accrued Expenses	0.47	1.68	0.56	0.29	0.16	0.65
Current Portion of Leases	0.04	0.04	0.04	0.03	0.19	0.18
Other Current Liabilities	32.26	30.74	-	-	-	-
Total Current Liabilities	33	33.11	0.79	0.47	0.53	1.03
Long-Term Leases	0.06	0.07	0.11	-	0.03	0.24
Total Liabilities	33.06	33.18	0.9	0.47	0.57	1.27
Common Stock	227.82	225.24	190.5	187.89	182.18	180.82
Additional Paid-In Capital	33.37	31.52	32.69	31.48	30.11	27.82
Retained Earnings	-139.7	-132.64	-90.4	-81.81	-66.86	-42.61
Shareholders' Equity	121.48	124.12	132.79	137.56	145.43	166.04
Total Liabilities & Equity	154.54	157.3	133.7	138.02	146	167.31
Total Debt	0.1	0.11	0.15	0.03	0.22	0.41
Net Cash (Debt)	47.8	51.7	25.88	2.82	2.67	6.18
Net Cash Growth	89.87%	99.73%	819.11%	5.43%	-56.77%	-42.48%
Net Cash Per Share	0.29	0.31	0.16	0.02	0.02	0.04
Filing Date Shares Outstanding	175.55	172.55	163.94	159.75	148.72	145.46
Total Common Shares Outstanding	172.55	171.07	161.09	155.93	146.23	145.01
Working Capital	15.02	18.81	25.25	2.42	2.38	5.58
Book Value Per Share	0.70	0.73	0.82	0.88	0.99	1.15
Tangible Book Value	121.48	124.12	132.79	137.56	145.43	166.04
Tangible Book Value Per Share	0.70	0.73	0.82	0.88	0.99	1.15
Machinery	-	-	-	-	-	0.18
Leasehold Improvements	-	-	-	-	-	0.05

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