Electra Battery Materials Balance Sheet

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

Millions CAD. 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	3.04	3.72	7.56	7.95	58.63	4.17
Short-Term Investments	-	0.01	0.6	0.43	1.77	-
Cash & Short-Term Investments	3.04	3.73	8.16	8.39	60.39	4.17
Cash Growth	-9.86%	-54.27%	-2.74%	-86.12%	1346.91%	-6.12%
Other Receivables	0.41	1.31	1.08	3.08	0.96	0.22
Receivables	0.41	1.31	1.08	3.08	0.96	0.22
Prepaid Expenses	1.24	0.67	0.47	0.72	0.58	0.37
Restricted Cash	-	-	0.89	-	-	-
Other Current Assets	-	-	-	1.34	-	5.71
Total Current Assets	4.69	5.71	10.59	13.52	61.94	10.47
Property, Plant & Equipment	142.04	144.39	136.89	169.98	98.11	92.3
Other Long-Term Assets	1.35	1.35	1.21	4.03	7.57	0.92
Total Assets	148.08	151.45	148.69	187.52	167.61	103.68
Accounts Payable	5	3.58	8.83	18.85	3.54	0.98
Accrued Expenses	12.66	2.8	5.73	1.31	1.16	-
Short-Term Debt	2.78	-	-	-	-	-
Current Portion of Long-Term Debt	65.87	63.96	40.1	25.66	-	-
Current Portion of Leases	0.06	0.05	0.04	-	-	-
Current Unearned Revenue	-	-	-	-	-	0.32
Other Current Liabilities	1.74	1.58	1.43	8.28	-	1.54
Total Current Liabilities	88.1	71.97	56.13	54.11	4.71	2.84
Long-Term Debt	5.01	7.82	4.3	3.78	23.29	6.66
Long-Term Leases	0.04	0.08	0.13	0.22	-	-
Long-Term Unearned Revenue	3.12	3.12	0.85	1.12	0.26	-
Other Long-Term Liabilities	3.78	4.13	3.98	1.79	39.39	2.02
Total Liabilities	100.05	87.13	65.39	61.02	67.65	11.53
Common Stock	311.23	307.72	304.72	288.87	276.22	234.65
Retained Earnings	-294.31	-274.89	-245.45	-180.78	-193.33	-158.41
Comprehensive Income & Other	31.12	31.49	24.02	18.42	17.08	15.92
Shareholders' Equity	48.04	64.32	83.3	126.51	99.96	92.15
Total Liabilities & Equity	148.08	151.45	148.69	187.52	167.61	103.68
Total Debt	73.75	71.92	44.58	29.66	23.29	6.66
Net Cash (Debt)	-70.71	-68.19	-36.42	-21.27	37.11	-2.49
Net Cash Per Share	-4.35	-4.78	-3.35	-2.09	5.35	-0.46
Filing Date Shares Outstanding	93.65	14.84	14.3	8.86	7.84	6.84
Total Common Shares Outstanding	17.96	14.81	13.96	8.8	7.74	5.68
Working Capital	-83.41	-66.26	-45.54	-40.59	57.23	7.62
Book Value Per Share	2.67	4.34	5.97	14.38	12.91	16.21
Tangible Book Value	48.04	64.32	83.3	126.51	99.96	92.15
Tangible Book Value Per Share	2.67	4.34	5.97	14.38	12.91	16.21
Machinery	-	7.07	5.99	5.99	5.43	4.88
Construction In Progress	45.1	43.99	45.07	76.05	5.02	-

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