Q2 Metals Corp. (TSXV:QTWO)

Q2 Metals Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Cash & Equivalents	75.65	16.6	12.39	5.87	12.01	0.95
Cash & Short-Term Investments	75.65	16.6	12.39	5.87	12.01	0.95
Cash Growth	868.03%	34.04%	110.94%	-51.12%	1169.10%	2181.59%
Accounts Receivable	0	0	-	0	0	0
Other Receivables	0.72	0.79	0.27	0.72	0.09	0.06
Total Trade Receivables	0.72	0.79	0.27	0.72	0.09	0.07
Other Current Assets	0.99	0.55	0.54	0.17	0.04	0.2
Total Current Assets	77.36	17.95	13.19	6.77	12.14	1.22
Other Long-Term Assets	0.05	0.05	35.72	22.09	7.22	3.57
Total Assets	148.13	83.39	48.91	28.86	19.36	4.78

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Accounts Payable	1.64	3.99	1.77	2.08	0.31	0.17
Short-Term Debt	-	-	-	-	0.03	0.03
Other Current Liabilities	4.73	2.1	0.09	-	1.56	-
Total Current Liabilities	6.37	6.09	1.86	2.08	1.9	0.2
Other Long-Term Liabilities	2.99	2.99	0.27	-	-	-
Total Long-Term Liabilities	2.99	2.99	0.27	-	-	-
Total Liabilities	9.36	9.08	2.12	2.08	1.9	0.2

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Common Stock	152.34	88.82	55.42	34.72	26.2	12.78
Additional Paid-in Capital	17.73	15.86	8.27	3.51	2.52	1.18
Retained Earnings	-31.28	-30.35	-17.07	-11.62	-11.43	-9.54
Total Common Shareholders' Equity	138.79	74.33	46.62	26.61	17.29	4.41
Minority Interest	-0.02	-0.02	0.17	0.17	0.17	0.17
Shareholders' Equity	138.76	74.31	46.79	26.78	17.46	4.58
Total Liabilities & Equity	148.13	83.39	48.91	28.86	19.36	4.78

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Total Debt	-	0	0	0	0.03	0.03
Net Cash (Debt)	75.65	16.6	12.39	5.87	11.98	0.92
Net Cash Growth	868.03%	34.04%	110.94%	-51.00%	1204.95%	2899.57%
Net Cash Per Share	0.40	0.10	0.10	0.07	0.27	0.07
Book Value	138.79	74.33	46.62	26.61	17.29	4.41
Book Value Per Share	0.73	0.42	0.40	0.32	0.38	0.32
Tangible Book Value	138.79	74.33	46.62	26.61	17.29	4.41
Tangible Book Value Per Share	0.73	0.42	0.40	0.32	0.38	0.32

Data Source: Fiscal.ai Last updated: Jul 25, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 7, 2026

Data Sources Report a data error