Vox Royalty Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	15.9	8.09	8.75	9.34	4.17	5.06
Short-Term Investments	-	-	-	-	-	2.15
Cash & Short-Term Investments	15.9	8.09	8.75	9.34	4.17	7.22
Cash Growth	73.80%	-7.64%	-6.30%	123.80%	-42.14%	128.77%
Accounts Receivable	2	2.69	2.9	3.41	1.92	0.55
Other Receivables	0.11	0.17	0.02	0.09	0.08	-
Receivables	2.11	2.86	2.92	3.51	2	0.55
Prepaid Expenses	0.45	0.44	0.46	0.43	0.6	0.38
Total Current Assets	18.45	11.38	12.13	13.28	6.77	8.14
Property, Plant & Equipment	50.34	50.78	37.98	37.44	32.86	17.63
Other Intangible Assets	0.76	0.8	0.99	1.17	1.36	1.54
Long-Term Deferred Charges	-	-	-	-	0.12	0
Other Long-Term Assets	73.27	60.43	0.28	0.81	0.7	-
Total Assets	142.81	123.4	51.38	52.71	41.81	27.31
Accounts Payable	1.66	0.96	0.12	0.36	0.45	0.2
Accrued Expenses	0.99	2.04	1.27	1.48	1.32	0.93
Current Income Taxes Payable	0.05	0.32	0.9	0.51	0.58	0.4
Other Current Liabilities	1.03	0.86	0.61	0.55	0.62	0.4
Total Current Liabilities	3.73	4.17	2.89	2.9	2.97	1.93
Long-Term Debt	-	6.7	-	-	-	-
Long-Term Deferred Tax Liabilities	5.53	5.48	5.43	4.88	2.99	1.74
Other Long-Term Liabilities	-	-	-	-	0.43	2.92
Total Liabilities	9.26	16.35	8.32	7.78	6.39	6.6
Common Stock	131.62	129.98	69.53	67.89	57.02	43.65
Retained Earnings	-4.83	-28.28	-31.19	-27.12	-24.91	-24.1
Comprehensive Income & Other	6.76	5.35	4.72	4.16	3.3	1.16
Shareholders' Equity	133.55	107.05	43.06	44.92	35.41	20.71
Total Liabilities & Equity	142.81	123.4	51.38	52.71	41.81	27.31
Total Debt	-	6.7	-	-	-	-
Net Cash (Debt)	15.9	1.39	8.75	9.34	4.17	7.22
Net Cash Growth	73.80%	-84.18%	-6.30%	123.80%	-42.14%	128.77%
Net Cash Per Share	0.25	0.02	0.17	0.20	0.10	0.19
Filing Date Shares Outstanding	68.9	68.9	50.73	50.1	45.07	39.57
Total Common Shares Outstanding	68.9	68.36	50.66	49.99	44.76	39.38
Working Capital	14.72	7.21	9.24	10.38	3.8	6.21
Book Value Per Share	1.94	1.57	0.85	0.90	0.79	0.53
Tangible Book Value	132.79	106.24	42.07	43.75	34.06	19.17
Tangible Book Value Per Share	1.93	1.55	0.83	0.88	0.76	0.49