Elemental Royalty 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	14.54	4.45	11.29	17.48	6.11	10.92
Cash & Short-Term Investments	14.54	4.45	11.29	17.48	6.11	10.92
Cash Growth	142.75%	-60.54%	-35.42%	186.06%	-44.05%	1244.00%
Accounts Receivable	9.14	16.63	7.19	2.89	2.38	1.1
Other Current Assets	-	-	0.3	19.86	-	0.11
Total Current Assets	23.67	21.09	18.78	40.23	8.49	12.14
Net Property, Plant & Equipment	-	-	-	0.19	-	-
Long-Term Investments	181.62	179.05	156.61	142.75	68.01	15.65
Other Long-Term Assets	4.28	4.03	13.53	2.76	68.01	0.26
Total Assets	209.57	204.17	188.92	185.93	76.5	28.05
Accounts Payable	2.29	3.35	1.93	2.44	1.44	1.14
Other Current Liabilities	-	-	0.06	4.95	-	-
Total Current Liabilities	2.29	3.35	1.99	7.39	1.44	1.14
Long-Term Debt	-	2.69	30	30	24.43	-
Long-Term Leases	-	-	-	0.04	-	-
Other Long-Term Liabilities	1.75	1.75	1.73	2.07	0.15	-
Total Long-Term Liabilities	1.75	4.43	31.73	32.11	24.58	-
Total Liabilities	4.04	7.78	33.72	39.5	26.03	1.14
Common Stock	220.49	217.45	177.42	165.04	56.44	28.79
Additional Paid-in Capital	6.77	6.54	5.66	6.99	1.72	1.08
Accumulated Other Comprehensive Income	1.39	1.42	1.28	0.34	0.04	0.04
Retained Earnings	-23.11	-29.02	-29.17	-25.94	-7.73	-3
Shareholders' Equity	205.53	196.38	155.2	146.43	50.47	26.91
Total Liabilities & Equity	209.57	204.17	188.92	185.93	76.5	28.05
Total Debt	-	2.69	30	30.04	24.43	0
Net Cash (Debt)	14.54	1.77	-18.71	-12.56	-18.32	10.92
Net Cash Growth	722.64%	-	-	-	-	1244.00%
Net Cash Per Share	0.60	0.09	-1.00	-1.20	-2.76	3.46
Book Value	205.53	196.38	155.2	146.43	50.47	26.91
Book Value Per Share	8.50	9.61	8.31	13.95	7.60	8.53
Tangible Book Value	205.53	196.38	155.2	146.43	50.47	26.91
Tangible Book Value Per Share	8.50	9.61	8.31	13.95	7.60	8.53

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.