First Atlantic Nickel Corp. (TSXV:FAN)

First Atlantic Nickel Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	0.81	0.14	0.89	0.81	0.27	1.28
Cash & Short-Term Investments	0.81	0.14	0.89	0.81	0.27	1.28
Cash Growth	26.74%	-84.48%	9.38%	203.35%	-78.99%	433.04%
Accounts Receivable	-	-	-	0.13	0.08	0.01
Other Receivables	0.14	0.27	0.23	-	-	-
Total Trade Receivables	0.14	0.27	0.23	0.13	0.08	0.01
Other Current Assets	0.18	0.03	0.01	0.01	0.12	0
Total Current Assets	1.14	0.44	1.13	0.96	0.48	1.29
Net Property, Plant & Equipment	0.03	0.04	0.01	0.03	-	-
Long-Term Investments	9.72	6.96	1.74	0.46	1.89	0.71
Other Long-Term Assets	0.01	0.01	0.01	0.01	-	-
Total Assets	10.89	7.45	2.88	1.45	2.37	2
Accounts Payable	0.2	0.85	0.48	0.59	0.42	0.41
Short-Term Debt	-	-	-	-	-	0.03
Current Portion of Leases	0.02	0.02	-	0.02	-	-
Other Current Liabilities	-	-	0.01	-	-	0.12
Total Current Liabilities	0.22	0.87	0.5	0.61	0.42	0.56
Long-Term Debt	2.77	-	-	-	-	-
Long-Term Leases	0.01	0.03	0.01	0.01	-	-
Total Long-Term Liabilities	2.78	0.03	0.01	0.01	-	-
Total Liabilities	3	0.89	0.5	0.63	0.42	0.56
Common Stock	16.39	13.77	8.13	6.21	5.67	4.93
Additional Paid-in Capital	3.45	3.31	2.92	2.37	1.6	1.5
Retained Earnings	-11.94	-10.52	-8.67	-7.75	-5.33	-4.99
Shareholders' Equity	7.9	6.56	2.38	0.83	1.94	1.44
Total Liabilities & Equity	10.89	7.45	2.88	1.45	2.37	2
Total Debt	2.8	0.05	0.01	0.03	0	0.03
Net Cash (Debt)	-1.99	0.09	0.88	0.78	0.27	1.24
Net Cash Growth	-	-89.53%	12.54%	190.31%	-78.46%	741.55%
Net Cash Per Share	-0.02	0.00	0.03	0.12	0.05	0.42
Book Value	7.9	6.56	2.38	0.83	1.94	1.44
Book Value Per Share	0.09	0.10	0.08	0.12	0.35	0.49
Tangible Book Value	7.9	6.56	2.38	0.83	1.94	1.44
Tangible Book Value Per Share	0.09	0.10	0.08	0.12	0.35	0.49

Updated Oct 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.