Surge Battery Metals Inc. (TSXV:NILI)

Surge Battery Metals Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	49.67	2.69	0.91	3.33	1.02	3.97
Short-Term Investments	25.22	3	1	3.04	-	-
Cash & Short-Term Investments	74.89	5.69	1.92	6.37	1.02	3.97
Cash Growth	2835.58%	196.90%	-69.88%	523.85%	-74.29%	1821.32%
Other Receivables	0.14	0.06	0.03	0.04	0.04	0.01
Receivables	0.14	0.06	0.03	0.04	0.04	0.01
Prepaid Expenses	0.09	0.06	0.17	0.39	0.09	0.33
Total Current Assets	75.12	5.81	2.12	6.8	1.15	4.31
Property, Plant & Equipment	0.92	0.91	10.14	9.7	3.48	1.75
Long-Term Investments	10.82	10.89	-	-	-	-
Total Assets	86.86	17.61	12.26	16.5	4.63	6.07

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2.21	0.02	0.3	0.12	0.14	0.05
Accrued Expenses	0.06	0.18	0.1	0.08	0.05	0.02
Current Unearned Revenue	-	-	-	-	0	0.18
Other Current Liabilities	-	-	-	-	0.01	0.01
Total Current Liabilities	2.27	0.2	0.4	0.2	0.2	0.26
Total Liabilities	2.27	0.2	0.4	0.2	0.2	0.26

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	111.16	46.06	37.47	36.51	24.88	24.06
Additional Paid-In Capital	-	-	-	-	-	3.27
Retained Earnings	-58.67	-49.93	-43.27	-33.42	-24.49	-21.52
Comprehensive Income & Other	32.1	21.28	17.67	13.21	4.04	-
Shareholders' Equity	84.59	17.41	11.86	16.3	4.43	5.8
Total Liabilities & Equity	86.86	17.61	12.26	16.5	4.63	6.07

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash (Debt)	74.89	5.69	1.92	6.37	1.02	3.97
Net Cash Growth	2835.58%	196.90%	-69.88%	523.85%	-74.29%	1821.32%
Net Cash Per Share	0.36	0.03	0.01	0.05	0.01	0.06
Filing Date Shares Outstanding	327.46	235.59	175.38	160.07	102.97	94.51
Total Common Shares Outstanding	314.18	199.79	165.02	160.07	102.97	94.51
Working Capital	72.85	5.61	1.72	6.6	0.95	4.05
Book Value Per Share	0.27	0.09	0.07	0.10	0.04	0.06
Tangible Book Value	84.59	17.41	11.86	16.3	4.43	5.8
Tangible Book Value Per Share	0.27	0.09	0.07	0.10	0.04	0.06

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 15, 2026

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