Africa Energy 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	3.8	2.31	1.71	6.79	10.85	19.64
Cash & Short-Term Investments	3.8	2.31	1.71	6.79	10.85	19.64
Cash Growth	63.89%	34.95%	-74.86%	-37.39%	-44.75%	715.74%
Other Receivables	0.08	0.07	0.06	0.34	0.19	0.15
Receivables	0.08	0.07	0.06	0.34	0.19	0.15
Prepaid Expenses	0.06	0.06	0.07	0.12	0.1	0.2
Total Current Assets	3.94	2.43	1.83	7.25	11.15	19.99
Property, Plant & Equipment	-	-	0	0.01	0.02	0.04
Long-Term Investments	40.32	40.15	137	250.16	249.54	216.84
Other Intangible Assets	-	-	-	-	6.53	7.17
Total Assets	44.26	42.58	138.83	257.42	267.24	244.03
Accounts Payable	0.24	0.3	0.16	3.39	1.68	1.78
Current Portion of Long-Term Debt	-	10.36	-	-	-	-
Current Portion of Leases	-	-	-	-	0	0.02
Total Current Liabilities	0.24	10.66	0.16	3.39	1.68	1.8
Long-Term Debt	-	-	6.83	5	-	-
Total Liabilities	0.24	10.66	6.99	8.39	1.68	1.8
Common Stock	378.28	360.61	360.61	360.61	358.44	357.91
Additional Paid-In Capital	9.53	13.4	12.7	10.12	8.05	6.82
Retained Earnings	-343.79	-342.09	-241.47	-121.7	-100.92	-122.49
Shareholders' Equity	44.02	31.92	131.85	249.03	265.56	242.24
Total Liabilities & Equity	44.26	42.58	138.83	257.42	267.24	244.03
Total Debt	-	10.36	6.83	5	0	0.02
Net Cash (Debt)	3.8	-8.05	-5.12	1.79	10.85	19.62
Net Cash Growth	-	-	-	-83.47%	-44.71%	732.58%
Net Cash Per Share	0.01	-0.03	-0.02	0.01	0.04	0.11
Filing Date Shares Outstanding	479.16	281.56	281.56	281.56	279.72	279.07
Total Common Shares Outstanding	479.16	281.56	281.56	281.56	279.72	279.07
Working Capital	3.71	-8.23	1.67	3.86	9.47	18.19
Book Value Per Share	0.09	0.11	0.47	0.88	0.95	0.87
Tangible Book Value	44.02	31.92	131.85	249.03	259.04	235.07
Tangible Book Value Per Share	0.09	0.11	0.47	0.88	0.93	0.84

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