Defense Metals Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2018 - 2021
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2018 - 2021
Cash & Equivalents	4.16	0.7	0.92	1.76	0.72	0.85	Upgrade
Cash & Short-Term Investments	4.16	0.7	0.92	1.76	0.72	0.85	Upgrade
Cash Growth	306.54%	-24.10%	-48.03%	143.17%	-14.67%	411.16%	Upgrade
Other Receivables	0.12	0.13	0.13	0.19	0.21	0.3	Upgrade
Receivables	0.12	0.13	0.13	0.19	0.21	0.3	Upgrade
Prepaid Expenses	0.02	0.05	0.13	0.09	0.05	0.03	Upgrade
Total Current Assets	4.3	0.88	1.17	2.05	0.98	1.18	Upgrade
Property, Plant & Equipment	45.27	44.73	40.81	30.28	24.14	2.96	Upgrade
Other Long-Term Assets	0.03	0.07	0.67	0.42	0.15	-	Upgrade
Total Assets	49.61	45.68	42.65	32.74	25.26	4.14	Upgrade
Accounts Payable	2.01	2.43	0.79	0.28	0.22	0.07	Upgrade
Accrued Expenses	0.28	0.65	0.01	-	0	0	Upgrade
Short-Term Debt	-	3.45	-	-	-	-	Upgrade
Current Portion of Leases	0.06	0.06	-	-	-	-	Upgrade
Current Unearned Revenue	-	-	-	0.37	-	-	Upgrade
Other Current Liabilities	0.15	1.79	-	-	0.44	0.26	Upgrade
Total Current Liabilities	2.49	8.38	0.81	0.66	0.67	0.33	Upgrade
Long-Term Leases	-	0.01	-	-	-	-	Upgrade
Total Liabilities	2.49	8.39	0.81	0.66	0.67	0.33	Upgrade
Common Stock	61.64	51.9	51.63	39.96	30.27	8.51	Upgrade
Retained Earnings	-21.24	-21.16	-15.4	-12.64	-9.93	-6.15	Upgrade
Comprehensive Income & Other	6.71	6.56	5.6	4.77	4.25	1.45	Upgrade
Shareholders' Equity	47.12	37.3	41.84	32.09	24.59	3.81	Upgrade
Total Liabilities & Equity	49.61	45.68	42.65	32.74	25.26	4.14	Upgrade
Total Debt	0.06	3.52	-	-	-	-	Upgrade
Net Cash (Debt)	4.11	-2.82	0.92	1.76	0.72	0.85	Upgrade
Net Cash Growth	350.27%	-	-48.03%	143.17%	-14.67%	411.16%	Upgrade
Net Cash Per Share	0.02	-0.01	0.00	0.01	0.01	0.02	Upgrade
Filing Date Shares Outstanding	335.76	330.47	258.62	255.78	183.37	80.34	Upgrade
Total Common Shares Outstanding	330.47	260.71	258.62	207.7	161.32	64.65	Upgrade
Working Capital	1.81	-7.5	0.36	1.39	0.31	0.86	Upgrade
Book Value Per Share	0.14	0.14	0.16	0.15	0.15	0.06	Upgrade
Tangible Book Value	47.12	37.3	41.84	32.09	24.59	3.81	Upgrade
Tangible Book Value Per Share	0.14	0.14	0.16	0.15	0.15	0.06	Upgrade

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