New Found Gold 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	71.14	22.32	53.88	82.17	100.48	47.73
Trading Asset Securities	0.54	0.93	3.6	7.5	31.94	21.09
Cash & Short-Term Investments	71.68	23.24	57.48	89.67	132.43	68.82
Cash Growth	76.18%	-59.56%	-35.89%	-32.29%	92.42%	823.58%
Other Receivables	1.75	2.21	3.37	3.14	1.81	1.03
Receivables	1.75	5.03	3.37	3.14	1.81	1.03
Prepaid Expenses	1.45	1.48	1.52	1.22	1.97	0.76
Other Current Assets	-	-	-	0.3	0.32	0.55
Total Current Assets	74.88	29.75	62.38	94.33	136.52	71.16
Property, Plant & Equipment	42.49	42.56	16.89	16.35	11.54	2.38
Long-Term Investments	2.32	1.53	2.86	-	-	-
Other Long-Term Assets	0.26	0.18	-	-	-	-
Total Assets	119.95	74.02	84.58	110.69	148.06	73.54
Accounts Payable	3.91	4.84	5.19	5.31	2.54	0.4
Accrued Expenses	0.04	0.06	0.02	0.28	0.03	-
Current Portion of Leases	0	0.05	0.09	0.08	0.05	0.05
Current Unearned Revenue	11.99	-	12.43	20.06	10.13	0.19
Other Current Liabilities	2.6	2.43	1.29	1.41	-	-
Total Current Liabilities	18.55	7.38	19.01	27.14	12.76	0.64
Long-Term Leases	0.07	0.07	0.07	0.07	0.05	-
Long-Term Unearned Revenue	-	-	-	-	12.6	-
Total Liabilities	18.61	7.45	19.08	27.21	25.4	0.64
Common Stock	407.82	341.35	290.24	229.63	181.8	87.67
Retained Earnings	-342.21	-309.76	-259.5	-179.61	-89.62	-38.98
Comprehensive Income & Other	35.72	34.99	34.76	33.45	30.47	24.21
Shareholders' Equity	101.33	66.57	65.5	83.47	122.65	72.9
Total Liabilities & Equity	119.95	74.02	84.58	110.69	148.06	73.54
Total Debt	0.07	0.12	0.16	0.15	0.1	0.05
Net Cash (Debt)	71.61	23.12	57.32	89.52	132.33	68.77
Net Cash Growth	76.57%	-59.67%	-35.96%	-32.35%	92.42%	822.86%
Net Cash Per Share	0.34	0.12	0.32	0.54	0.85	0.61
Filing Date Shares Outstanding	245.13	200.61	189.09	175.38	164.24	152.17
Total Common Shares Outstanding	243.04	200.46	186.87	175.38	164.21	148.68
Working Capital	56.34	22.37	43.37	67.19	123.76	70.53
Book Value Per Share	0.42	0.33	0.35	0.48	0.75	0.49
Tangible Book Value	101.33	66.57	65.5	83.47	122.65	72.9
Tangible Book Value Per Share	0.42	0.33	0.35	0.48	0.75	0.49
Machinery	4.73	4.29	3.42	2.45	1.39	0.66

Source: S&P Global Market Intelligence. Standard template. Financial Sources.