Empress 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 2021
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	Sep '21 Sep 30, 2021
Cash & Equivalents	5.48	0.95	1.17	0.71	2.03	3.22
Cash & Short-Term Investments	5.48	0.95	1.17	0.71	2.03	3.22
Cash Growth	579.31%	-18.61%	65.72%	-65.14%	-36.94%	145.93%
Accounts Receivable	0.39	0.36	0.42	0.18	0.01	-
Other Receivables	0.14	0.04	0.18	0.01	-	0.01
Receivables	0.53	0.4	0.6	0.19	0.01	0.01
Prepaid Expenses	0.17	0.12	0.15	0.02	0.04	0.09
Other Current Assets	3.96	1.73	0.09	-	-	-
Total Current Assets	10.14	3.2	2.01	0.92	2.08	3.31
Long-Term Investments	18.94	20.49	17.1	19.02	18.75	13.92
Total Assets	29.08	23.69	19.11	19.93	20.83	17.23
Accounts Payable	0.87	0.59	0.41	0.11	0.22	0.04
Accrued Expenses	-	-	-	-	0.19	0.1
Current Portion of Long-Term Debt	2.94	2.94	1.23	3.17	0.81	-
Other Current Liabilities	0.01	0.07	0.13	0.01	-	-
Total Current Liabilities	3.83	3.61	1.77	3.29	1.23	0.13
Long-Term Debt	0.43	2.23	1.71	-	2.33	-
Long-Term Deferred Tax Liabilities	1.84	0.32	-	-	-	-
Total Liabilities	6.09	6.16	3.48	3.29	3.56	0.13
Common Stock	24.41	21.34	21.26	19.64	17.96	18.24
Retained Earnings	-6.64	-9.6	-10.61	-7.68	-4.3	-3.23
Comprehensive Income & Other	5.23	5.79	4.99	4.68	3.61	2.09
Shareholders' Equity	22.99	17.53	15.63	16.64	17.27	17.1
Total Liabilities & Equity	29.08	23.69	19.11	19.93	20.83	17.23
Total Debt	3.37	5.17	2.94	3.17	3.14	-
Net Cash (Debt)	2.11	-4.22	-1.77	-2.46	-1.11	3.22
Net Cash Growth	-	-	-	-	-	145.93%
Net Cash Per Share	0.02	-0.03	-0.02	-0.02	-0.01	0.04
Filing Date Shares Outstanding	127.99	118.58	118.21	114.77	104.57	104.57
Total Common Shares Outstanding	127.99	118.58	118.21	113.24	104.57	104.57
Working Capital	6.31	-0.41	0.24	-2.38	0.85	3.18
Book Value Per Share	0.18	0.15	0.13	0.15	0.17	0.16
Tangible Book Value	22.99	17.53	15.63	16.64	17.27	17.1
Tangible Book Value Per Share	0.18	0.15	0.13	0.15	0.17	0.16

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