Patagonia Gold Balance Sheet

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

Millions USD. 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	15.35	0.95	0.19	0.23	0.29	0.82
Cash & Short-Term Investments	15.35	0.95	0.19	0.23	0.29	0.82
Cash Growth	10707.04%	412.43%	-19.91%	-20.62%	-64.47%	19.56%
Accounts Receivable	0.2	0.24	-	0.06	0.11	0.16
Other Receivables	0.98	1.32	0.35	1.97	2.4	1.89
Receivables	1.18	1.57	0.35	2.02	2.51	2.04
Inventory	2.77	3	4.17	4.65	3.76	3.29
Total Current Assets	19.3	5.51	4.7	6.91	6.56	6.15
Property, Plant & Equipment	45.23	25.63	24.17	25.54	28.59	29.16
Long-Term Investments	0	0	0	0.01	0.02	0.02
Goodwill	4.01	4.01	4.01	4.01	4.01	4.01
Other Intangible Assets	15.53	15.22	16.36	16.16	17.15	17.2
Long-Term Deferred Tax Assets	1.27	-	-	-	-	-
Other Long-Term Assets	3.79	0.59	0.33	1.67	1.42	3.54
Total Assets	89.12	50.96	49.57	54.29	57.74	60.07
Accounts Payable	3.22	3.05	0.87	3.87	4.21	2.51
Accrued Expenses	1.15	1.49	0.97	2.37	2.81	2.02
Short-Term Debt	1.75	2.22	0.54	8.95	6.71	9.64
Current Portion of Long-Term Debt	0.21	0.79	0.21	0.39	0.51	0.34
Current Portion of Leases	0.14	-	-	-	0.01	0.02
Current Income Taxes Payable	-	-	0.01	-	0.05	-
Other Current Liabilities	1.77	2.35	-	-	-	-
Total Current Liabilities	8.24	9.89	2.6	15.57	14.29	14.53
Long-Term Debt	48.4	44.75	36.26	20.02	15.76	14.92
Long-Term Deferred Tax Liabilities	-	0.3	0.17	1.84	3.8	4.02
Other Long-Term Liabilities	1	0.96	3.28	4.07	6.2	5.2
Total Liabilities	57.88	55.89	42.31	41.49	40.04	38.66
Common Stock	11.22	11.22	11.25	11.24	11.24	7.32
Additional Paid-In Capital	190.36	190.17	190.16	190.03	189.68	186.18
Retained Earnings	-227.95	-223.78	-212.23	-205.93	-201.71	-190.54
Comprehensive Income & Other	47.29	19.42	19.69	18.96	19.88	19.74
Total Common Equity	20.92	-2.96	8.87	14.3	19.09	22.7
Minority Interest	10.32	-1.97	-1.61	-1.5	-1.39	-1.3
Shareholders' Equity	31.24	-4.93	7.26	12.8	17.7	21.41
Total Liabilities & Equity	89.12	50.96	49.57	54.29	57.74	60.07
Total Debt	50.75	47.75	37.01	29.35	22.99	24.92
Net Cash (Debt)	-35.4	-46.8	-36.83	-29.12	-22.69	-24.1
Net Cash Per Share	-0.08	-0.10	-0.08	-0.06	-0.05	-0.07
Filing Date Shares Outstanding	465.05	465.05	465.05	466.57	466.57	363.03
Total Common Shares Outstanding	465.05	465.05	466.68	466.57	466.57	363.03
Working Capital	11.05	-4.38	2.1	-8.66	-7.73	-8.38
Book Value Per Share	0.04	-0.01	0.02	0.03	0.04	0.06
Tangible Book Value	1.38	-22.19	-11.5	-5.87	-2.07	1.5
Tangible Book Value Per Share	0.00	-0.05	-0.02	-0.01	-0.00	0.00
Buildings	2.01	1.98	1.98	1.98	1.98	1.98
Machinery	45.24	41.26	40.35	40.07	39.27	38.71

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