FPX Nickel 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	20.24	34.07	28.92	18.02	14.54	5.84
Cash & Short-Term Investments	20.24	34.07	28.92	18.02	14.54	5.84
Cash Growth	-47.73%	17.79%	60.52%	23.95%	149.10%	232.25%
Accounts Receivable	4.41	2.43	0.73	2.2	1.29	0.06
Other Current Assets	0.16	0.3	0.13	0.28	0.04	0.02
Total Current Assets	24.81	36.8	29.77	20.49	15.86	5.92
Net Property, Plant & Equipment	0.28	0.31	0.42	0.15	0.23	0.05
Other Long-Term Assets	49.64	40.16	29.7	21.63	14.36	10.36
Total Assets	74.72	77.27	59.89	42.27	30.46	16.32
Accounts Payable	2.07	2.07	0.96	0.56	0.45	0.12
Accrued Expenses	-	-	-	-	-	0.06
Current Portion of Leases	0.19	0.18	0.16	0.09	0.08	0.03
Other Current Liabilities	0.38	0.27	-	-	-	-
Total Current Liabilities	2.64	2.53	1.12	0.65	0.54	0.22
Long-Term Debt	-	-	-	-	-	3.41
Long-Term Leases	-	0.03	0.11	0.06	0.15	0.02
Other Long-Term Liabilities	1.94	1.66	1.1	-	-	-
Total Long-Term Liabilities	1.94	1.69	1.21	0.06	0.15	3.43
Total Liabilities	4.58	4.21	2.33	0.72	0.69	3.65
Common Stock	112.76	112.48	93.91	75.32	62.53	44.19
Additional Paid-in Capital	12.43	12.09	12.36	10.49	9.47	6.88
Retained Earnings	-56.83	-52.93	-50.21	-45.87	-42.24	-38.4
Total Common Shareholders' Equity	68.36	71.64	56.06	39.94	29.77	12.68
Minority Interest	1.78	1.42	1.51	1.61	-	-
Shareholders' Equity	70.14	73.06	57.57	41.55	29.77	12.68
Total Liabilities & Equity	74.72	77.27	59.89	42.27	30.46	16.32
Total Debt	0.19	0.21	0.27	0.15	0.24	3.47
Net Cash (Debt)	20.05	33.86	28.65	17.86	14.3	2.37
Net Cash Growth	-40.79%	18.17%	60.40%	24.93%	503.78%	-
Net Cash Per Share	0.06	0.11	0.11	0.08	0.07	0.01
Book Value	68.36	71.64	56.06	39.94	29.77	12.68
Book Value Per Share	0.22	0.23	0.21	0.18	0.14	0.08
Tangible Book Value	68.36	71.64	56.06	39.94	29.77	12.68
Tangible Book Value Per Share	0.22	0.23	0.21	0.18	0.14	0.08

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