Mene Inc. 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	7.8	7.39	8.09	1.06	7.49	9.14
Short-Term Investments	0.16	0.18	0.17	11.91	1.16	5.16
Cash & Short-Term Investments	7.96	7.57	8.26	12.97	8.65	14.3
Cash Growth	46.75%	-8.32%	-36.30%	49.98%	-39.56%	-50.77%
Accounts Receivable	0.31	0.5	0.1	0.07	0.04	0.08
Other Receivables	0.05	0.03	0.05	0.06	0.01	0.02
Receivables	0.36	0.54	0.15	0.13	0.05	0.1
Inventory	10.2	11.08	7.61	14.9	18.54	17
Prepaid Expenses	0.07	0.05	0.22	0.24	0.2	0.23
Other Current Assets	-	-	-	0.31	0.26	0.12
Total Current Assets	18.58	19.24	16.24	28.54	27.7	31.76
Property, Plant & Equipment	1.16	1.41	1.48	1.82	0.49	0.62
Other Intangible Assets	0.29	0.4	0.5	0.65	0.01	0.01
Other Long-Term Assets	-	-	-	0.7	1.5	0.55
Total Assets	20.03	21.05	18.22	31.71	29.69	32.95
Accounts Payable	0.91	1.56	0.93	1.23	1.09	0.86
Current Portion of Long-Term Debt	-	-	-	11.47	10.42	20.22
Current Portion of Leases	0.13	0.16	0.14	0.14	-	-
Current Unearned Revenue	0.89	0.99	0.54	0.66	0.56	0.36
Total Current Liabilities	1.92	2.72	1.62	13.51	12.07	21.44
Long-Term Leases	0.49	0.56	0.62	0.74	-	-
Total Liabilities	2.41	3.28	2.24	14.25	12.07	21.44
Common Stock	32.5	32.3	32.1	32.04	31.39	25.64
Additional Paid-In Capital	8.23	7.68	6.06	5.37	5.32	5.37
Retained Earnings	-23.43	-22.92	-21.93	-19.94	-18.48	-18.45
Comprehensive Income & Other	0.32	0.72	-0.24	-0	-0.61	-1.05
Shareholders' Equity	17.62	17.77	15.98	17.47	17.62	11.5
Total Liabilities & Equity	20.03	21.05	18.22	31.71	29.69	32.95
Total Debt	0.61	0.73	0.77	12.35	10.42	20.22
Net Cash (Debt)	7.35	6.85	7.49	0.61	-1.78	-5.92
Net Cash Growth	55.79%	-8.61%	1123.66%	-	-	-
Net Cash Per Share	0.03	0.03	0.03	0.00	-0.01	-0.02
Filing Date Shares Outstanding	260.76	260.3	259.83	259.73	258.33	254.53
Total Common Shares Outstanding	260.76	260.3	259.83	259.73	258.33	244.61
Working Capital	16.66	16.52	14.62	15.04	15.62	10.32
Book Value Per Share	0.07	0.07	0.06	0.07	0.07	0.05
Tangible Book Value	17.34	17.37	15.48	16.82	17.61	11.49
Tangible Book Value Per Share	0.07	0.07	0.06	0.06	0.07	0.05
Machinery	1.86	2.04	1.76	1.79	1.13	1.1

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