Q2 Metals Corp. (TSXV:QTWO)

Q2 Metals Balance Sheet

Financials in millions CAD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Cash & Equivalents	7.82	12.39	5.87	12.01	0.95	0.04
Cash & Short-Term Investments	7.82	12.39	5.87	12.01	0.95	0.04
Cash Growth	131.25%	110.94%	-51.12%	1169.10%	2181.59%	302.52%
Other Receivables	0.61	0.27	0.72	0.09	0.07	0
Receivables	0.61	0.27	0.72	0.09	0.07	0
Prepaid Expenses	0.52	0.54	0.17	0.04	0.2	-
Total Current Assets	8.94	13.19	6.77	12.14	1.22	0.05
Property, Plant & Equipment	38.82	35.7	22.08	7.2	3.55	0.86
Other Long-Term Assets	0.02	0.02	0.02	0.02	0.02	0.01
Total Assets	47.78	48.91	28.86	19.36	4.78	0.91
Accounts Payable	1.14	1.76	2.08	0.29	0.05	0.16
Accrued Expenses	0.02	0.01	0	0.02	0.12	0.19
Short-Term Debt	-	-	-	0.03	0.03	0.01
Current Unearned Revenue	-	0.09	-	1.56	-	-
Total Current Liabilities	1.16	1.86	2.08	1.9	0.2	0.36
Long-Term Deferred Tax Liabilities	0.27	0.27	-	-	-	-
Total Liabilities	1.43	2.12	2.08	1.9	0.2	0.36
Common Stock	55.48	55.42	34.72	26.2	12.78	7.51
Retained Earnings	-17.72	-17.07	-11.62	-11.43	-9.54	-7.29
Comprehensive Income & Other	8.42	8.27	3.51	2.52	1.18	0.33
Total Common Equity	46.18	46.62	26.61	17.29	4.41	0.55
Minority Interest	0.17	0.17	0.17	0.17	0.17	-
Shareholders' Equity	46.35	46.79	26.78	17.46	4.58	0.55
Total Liabilities & Equity	47.78	48.91	28.86	19.36	4.78	0.91
Total Debt	-	-	-	0.03	0.03	0.01
Net Cash (Debt)	7.82	12.39	5.87	11.98	0.92	0.03
Net Cash Growth	131.25%	110.94%	-51.00%	1204.95%	2899.57%	9937.05%
Net Cash Per Share	0.06	0.11	0.07	0.27	0.07	0.01
Filing Date Shares Outstanding	164.21	164.21	109.44	83.35	40.35	4.98
Total Common Shares Outstanding	147.71	147.58	89.42	75.75	40.35	4.98
Working Capital	7.78	11.33	4.68	10.24	1.01	-0.32
Book Value Per Share	0.31	0.32	0.30	0.23	0.11	0.11
Tangible Book Value	46.18	46.62	26.61	17.29	4.41	0.55
Tangible Book Value Per Share	0.31	0.32	0.30	0.23	0.11	0.11

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.