Galway Metals 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	5.49	7.01	3.35	5.84	10.68	15.35
Cash & Short-Term Investments	5.49	7.01	3.35	5.84	10.68	15.35
Cash Growth	53.47%	109.36%	-42.64%	-45.36%	-30.42%	150.51%
Other Receivables	0.27	0.22	0.44	0.54	0.87	1.66
Receivables	0.27	0.22	0.44	0.54	0.87	1.66
Prepaid Expenses	0.04	0.13	0.04	0.12	0.05	0.04
Total Current Assets	5.81	7.36	3.83	6.49	11.6	17.05
Property, Plant & Equipment	11.71	11.08	10.4	9.74	9.1	7.63
Other Long-Term Assets	-	-	-	-	0.05	0.05
Total Assets	17.52	18.44	14.23	16.23	20.75	24.74
Accounts Payable	0.56	0.2	0.1	0.18	0.89	0.85
Accrued Expenses	0.15	0.32	0.02	0.06	0.07	0.01
Current Portion of Long-Term Debt	-	0.07	0.07	0.07	0.07	-
Current Unearned Revenue	1	1.06	0.6	1.17	3.26	3.49
Total Current Liabilities	1.71	1.65	0.79	1.47	4.3	4.34
Long-Term Debt	-	-	0.07	0.13	0.19	-
Other Long-Term Liabilities	0.7	0.65	0.6	-	-	-
Total Liabilities	2.4	2.3	1.45	1.6	4.48	4.34
Common Stock	80.32	76.47	68.61	65.28	56.64	46.37
Additional Paid-In Capital	12.9	11.02	9.74	9.48	9.02	7.2
Retained Earnings	-78.23	-71.47	-65.69	-60.29	-49.55	-33.36
Comprehensive Income & Other	0.12	0.12	0.12	0.15	0.16	0.19
Shareholders' Equity	15.12	16.14	12.78	14.62	16.27	20.39
Total Liabilities & Equity	17.52	18.44	14.23	16.23	20.75	24.74
Total Debt	-	0.07	0.14	0.2	0.26	-
Net Cash (Debt)	5.49	6.94	3.21	5.64	10.42	15.35
Net Cash Growth	59.96%	116.35%	-43.10%	-45.93%	-32.11%	150.51%
Net Cash Per Share	0.06	0.08	0.04	0.09	0.18	0.31
Filing Date Shares Outstanding	108.35	95.4	84.68	67.18	59.55	55.83
Total Common Shares Outstanding	108.35	95.4	74.91	67.18	59.55	55.83
Working Capital	4.11	5.71	3.04	5.02	7.3	12.71
Book Value Per Share	0.14	0.17	0.17	0.22	0.27	0.37
Tangible Book Value	15.12	16.14	12.78	14.62	16.27	20.39
Tangible Book Value Per Share	0.14	0.17	0.17	0.22	0.27	0.37
Land	-	-	-	1.12	1.12	0.35
Buildings	0.28	0.2	0.2	0.2	0.2	0.2
Machinery	0.04	0.04	0.04	0.03	0.03	0.02

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