Africa Energy Corp. (TSXV: AFE)

Africa Energy Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.32	1.71	6.79	10.85	19.64	2.41
Cash & Short-Term Investments	2.32	1.71	6.79	10.85	19.64	2.41
Cash Growth	146.86%	-74.86%	-37.39%	-44.75%	715.74%	-19.97%
Other Receivables	0.04	0.06	0.34	0.19	0.15	0.06
Receivables	0.04	0.06	0.34	0.19	0.15	0.06
Prepaid Expenses	0.06	0.07	0.12	0.1	0.2	0.08
Total Current Assets	2.42	1.83	7.25	11.15	19.99	2.56
Property, Plant & Equipment	-	0	0.01	0.02	0.04	0.07
Long-Term Investments	39.9	137	250.16	249.54	216.84	32.26
Other Intangible Assets	-	-	-	6.53	7.17	7.02
Total Assets	42.31	138.83	257.42	267.24	244.03	41.91
Accounts Payable	0.29	0.16	3.39	1.68	1.78	0.41
Current Portion of Leases	-	-	-	0	0.02	0.03
Total Current Liabilities	9.66	0.16	3.39	1.68	1.8	0.44
Long-Term Debt	-	6.83	5	-	-	-
Long-Term Leases	-	-	-	-	-	0.02
Total Liabilities	9.66	6.99	8.39	1.68	1.8	0.46
Common Stock	360.61	360.61	360.61	358.44	357.91	152.65
Additional Paid-In Capital	13.29	12.7	10.12	8.05	6.82	7.02
Retained Earnings	-341.24	-241.47	-121.7	-100.92	-122.49	-118.22
Shareholders' Equity	32.66	131.85	249.03	265.56	242.24	41.44
Total Liabilities & Equity	42.31	138.83	257.42	267.24	244.03	41.91
Total Debt	9.37	6.83	5	0	0.02	0.05
Net Cash (Debt)	-7.05	-5.12	1.79	10.85	19.62	2.36
Net Cash Growth	-	-	-83.47%	-44.71%	732.58%	-21.67%
Net Cash Per Share	-0.01	-0.00	0.00	0.01	0.02	0.00
Filing Date Shares Outstanding	1,408	1,408	1,408	1,399	1,395	789.38
Total Common Shares Outstanding	1,408	1,408	1,408	1,399	1,395	684.22
Working Capital	-7.24	1.67	3.86	9.47	18.19	2.11
Book Value Per Share	0.02	0.09	0.18	0.19	0.17	0.06
Tangible Book Value	32.66	131.85	249.03	259.04	235.07	34.42
Tangible Book Value Per Share	0.02	0.09	0.18	0.19	0.17	0.05

Source: S&P Capital IQ. Standard template. Financial Sources.