Vox Royalty 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.15	8.75	9.34	4.17	5.06	3.15
Short-Term Investments	-	-	-	-	2.15	-
Cash & Short-Term Investments	12.15	8.75	9.34	4.17	7.22	3.15
Cash Growth	30.59%	-6.30%	123.80%	-42.14%	128.77%	256.75%
Accounts Receivable	4.21	2.9	3.41	1.92	0.55	0.09
Other Receivables	0.08	0.02	0.09	0.08	-	-
Receivables	4.29	2.92	3.51	2	0.55	0.09
Prepaid Expenses	0.24	0.46	0.43	0.6	0.38	0.32
Total Current Assets	16.68	12.13	13.28	6.77	8.14	3.56
Property, Plant & Equipment	105.26	37.98	37.44	32.86	17.63	8.86
Other Intangible Assets	0.85	0.99	1.17	1.36	1.54	1.72
Long-Term Accounts Receivable	-	-	-	-	-	1
Long-Term Deferred Charges	0.06	-	-	0.12	0	0.04
Other Long-Term Assets	0.56	0.28	0.81	0.7	-	-
Total Assets	123.41	51.38	52.71	41.81	27.31	15.19
Accounts Payable	1.21	0.12	0.36	0.45	0.2	0.18
Accrued Expenses	1.52	1.27	1.48	1.32	0.93	0.05
Current Income Taxes Payable	1.39	0.9	0.51	0.58	0.4	-
Other Current Liabilities	0.85	0.61	0.55	0.62	0.4	-
Total Current Liabilities	4.97	2.89	2.9	2.97	1.93	0.23
Long-Term Debt	11.7	-	-	-	-	-
Long-Term Deferred Tax Liabilities	5.56	5.43	4.88	2.99	1.74	-
Other Long-Term Liabilities	-	-	-	0.43	2.92	1.04
Total Liabilities	22.24	8.32	7.78	6.39	6.6	1.27
Common Stock	129.2	69.53	67.89	57.02	43.65	0
Additional Paid-In Capital	-	-	-	-	-	29.15
Retained Earnings	-33.9	-31.19	-27.12	-24.91	-24.1	-19.11
Comprehensive Income & Other	5.87	4.72	4.16	3.3	1.16	3.88
Shareholders' Equity	101.17	43.06	44.92	35.41	20.71	13.92
Total Liabilities & Equity	123.41	51.38	52.71	41.81	27.31	15.19
Total Debt	11.7	-	-	-	-	-
Net Cash (Debt)	0.45	8.75	9.34	4.17	7.22	3.15
Net Cash Growth	-95.20%	-6.30%	123.80%	-42.14%	128.77%	-
Net Cash Per Share	0.01	0.17	0.20	0.10	0.19	0.11
Filing Date Shares Outstanding	68.27	50.73	50.1	45.07	39.57	32.41
Total Common Shares Outstanding	67.99	50.66	49.99	44.76	39.38	32.41
Working Capital	11.7	9.23	10.38	3.8	6.21	3.34
Book Value Per Share	1.49	0.85	0.90	0.79	0.53	0.43
Tangible Book Value	100.32	42.07	43.75	34.06	19.17	12.19
Tangible Book Value Per Share	1.48	0.83	0.88	0.76	0.49	0.38

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.