Azimut Exploration Inc. (TSXV:AZM)

Azimut Exploration Balance Sheet

Financials in millions CAD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Cash & Equivalents	13.64	11.77	3.32	14.04	27.64
Cash & Short-Term Investments	13.64	11.77	3.32	14.04	27.64
Cash Growth	15.92%	254.38%	-76.34%	-49.22%	374.36%
Accounts Receivable	0.03	0.25	1.42	0.78	2.47
Other Receivables	4.04	1.56	0.07	3.27	1.2
Receivables	4.06	1.81	1.49	4.05	3.66
Prepaid Expenses	0.14	0.1	0.16	0.13	0.05
Other Current Assets	1.55	-	-	1.91	-
Total Current Assets	19.39	13.68	4.97	20.12	31.36
Property, Plant & Equipment	45.74	43.05	37.28	31.64	17.99
Long-Term Investments	0.73	0.93	0.04	0.05	0.07
Other Intangible Assets	0.03	0	0	0.01	0
Other Long-Term Assets	-	-	4.39	2.39	2.44
Total Assets	65.89	57.66	46.67	54.21	51.86
Accounts Payable	2.99	3.34	1.1	4.75	2.37
Current Portion of Leases	0.07	0.05	0.05	0.04	0.05
Current Unearned Revenue	3.04	1.13	0.22	0.46	3.69
Other Current Liabilities	0.13	0.06	0.17	0.23	0.36
Total Current Liabilities	6.23	4.57	1.54	5.48	6.47
Long-Term Leases	0.25	-	0.05	0.04	0.07
Long-Term Deferred Tax Liabilities	0.86	1.35	-	-	-
Other Long-Term Liabilities	2.03	1.98	1.55	1.51	0.99
Total Liabilities	9.38	7.9	3.14	7.03	7.53
Common Stock	73.93	65.2	60.04	61.93	61.55
Additional Paid-In Capital	5.19	5.04	4.86	4.1	4.03
Retained Earnings	-27.54	-25.06	-25.11	-23.28	-24.89
Comprehensive Income & Other	4.93	4.59	3.75	4.41	3.65
Shareholders' Equity	56.51	49.76	43.53	47.18	44.33
Total Liabilities & Equity	65.89	57.66	46.67	54.21	51.86
Total Debt	0.32	0.05	0.11	0.07	0.12
Net Cash (Debt)	13.32	11.72	3.22	13.96	27.52
Net Cash Growth	13.69%	264.39%	-76.97%	-49.27%	403.86%
Net Cash Per Share	0.15	0.14	0.04	0.17	0.39
Filing Date Shares Outstanding	100.63	85.69	85.21	79.38	81.75
Total Common Shares Outstanding	100.55	85.59	79.96	82.19	81.75
Working Capital	13.16	9.11	3.43	14.64	24.89
Book Value Per Share	0.56	0.58	0.54	0.57	0.54
Tangible Book Value	56.48	49.76	43.53	47.17	44.33
Tangible Book Value Per Share	0.56	0.58	0.54	0.57	0.54
Machinery	0.43	0.42	0.45	0.17	0.15

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