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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	37.92	58.84	22.32	53.88	82.17	100.48
Trading Asset Securities	-	8.9	0.93	3.6	7.5	31.94
Cash & Short-Term Investments	43.44	67.73	23.24	57.48	89.67	132.43
Cash Growth	227.65%	191.41%	-59.56%	-35.89%	-32.29%	92.42%
Other Receivables	5.37	4.33	2.21	3.37	3.14	1.81
Receivables	5.37	4.33	5.03	3.37	3.14	1.81
Inventory	9.86	8.82	-	-	-	-
Prepaid Expenses	2.45	3.35	1.48	1.52	1.22	1.97
Other Current Assets	-	-	-	-	0.3	0.32
Total Current Assets	61.12	84.23	29.75	62.38	94.33	136.52
Property, Plant & Equipment	332.78	328.21	42.56	16.89	16.35	11.54
Long-Term Investments	-	-	1.53	2.86	-	-
Goodwill	124.54	121.07	-	-	-	-
Other Long-Term Assets	2.77	2.62	0.18	-	-	-
Total Assets	521.21	536.13	74.02	84.58	110.69	148.06
Accounts Payable	12.5	8.68	3.08	5.19	5.31	2.54
Accrued Expenses	-	4.01	1.82	0.02	0.28	0.03
Current Portion of Long-Term Debt	-	0.1	2.43	-	-	-
Current Portion of Leases	-	0.2	0.05	0.09	0.08	0.05
Current Unearned Revenue	7.88	8.68	-	12.43	20.06	10.13
Other Current Liabilities	0.75	-	-	1.29	1.41	-
Total Current Liabilities	21.12	21.67	7.38	19.01	27.14	12.76
Long-Term Debt	1.01	0.5	-	-	-	-
Long-Term Leases	0.35	0.34	0.07	0.07	0.07	0.05
Long-Term Unearned Revenue	-	-	-	-	-	12.6
Long-Term Deferred Tax Liabilities	82.96	83.65	-	-	-	-
Other Long-Term Liabilities	10.22	10.87	-	-	-	-
Total Liabilities	115.67	117.03	7.45	19.08	27.21	25.4
Common Stock	712.51	703.26	341.35	290.24	229.63	181.8
Retained Earnings	-375.92	-357.34	-309.76	-259.5	-179.61	-89.62
Comprehensive Income & Other	68.96	73.17	34.99	34.76	33.45	30.47
Shareholders' Equity	405.54	419.1	66.57	65.5	83.47	122.65
Total Liabilities & Equity	521.21	536.13	74.02	84.58	110.69	148.06
Total Debt	1.36	1.14	2.55	0.16	0.15	0.1
Net Cash (Debt)	42.07	66.59	20.69	57.32	89.52	132.33
Net Cash Growth	219.81%	221.80%	-63.90%	-35.96%	-32.35%	92.42%
Net Cash Per Share	0.17	0.28	0.11	0.32	0.54	0.85
Filing Date Shares Outstanding	236.69	345.21	200.61	189.09	175.38	164.24
Total Common Shares Outstanding	236.69	342.33	200.46	186.87	175.38	164.21
Working Capital	39.99	62.56	22.37	43.37	67.19	123.76
Book Value Per Share	1.71	1.22	0.33	0.35	0.48	0.75
Tangible Book Value	281	298.02	66.57	65.5	83.47	122.65
Tangible Book Value Per Share	1.19	0.87	0.33	0.35	0.48	0.75
Machinery	-	168.81	-	3.42	2.45	1.39
Construction In Progress	-	14.82	-	-	-	-

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