Spanish Mountain Gold Ltd. (TSXV:SPA)

Spanish Mountain Gold Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	3.84	6.87	3.39	2.82	6.69
Short-Term Investments	-	-	-	0.25	0.25
Cash & Short-Term Investments	3.84	6.87	3.39	3.07	6.94
Cash Growth	-44.18%	102.54%	10.69%	-55.81%	-39.91%
Accounts Receivable	-	-	-	0.05	0.21
Other Receivables	0.35	0.14	0.06	-	-
Total Trade Receivables	0.35	0.14	0.06	0.05	0.21
Other Current Assets	0.21	0.19	0.13	0.03	0.09
Total Current Assets	4.4	7.2	3.58	3.16	7.26
Net Property, Plant & Equipment	108.81	99.28	93.57	90.9	86.17
Other Long-Term Assets	0.23	0.1	0.1	0.11	0.12
Total Assets	113.43	106.59	97.25	94.15	93.52
Accounts Payable	0.49	0.81	0.4	1.15	1.35
Current Portion of Leases	0.07	0.07	0.06	0.05	0.04
Total Current Liabilities	0.56	0.88	0.46	1.24	1.41
Long-Term Debt	-	-	-	0.04	0.04
Long-Term Leases	0.09	0.17	0.23	0.29	-
Other Long-Term Liabilities	0.7	0.56	-	0.2	0.39
Total Long-Term Liabilities	0.8	0.72	0.23	0.54	0.43
Total Liabilities	1.36	1.6	0.7	1.73	1.83
Common Stock	129.61	121.68	112.62	106.28	105.09
Additional Paid-in Capital	3.89	2.28	0.59	1.3	1.05
Retained Earnings	-21.43	-18.98	-16.66	-15.16	-14.44
Shareholders' Equity	112.07	104.99	96.56	92.42	91.7
Total Liabilities & Equity	113.43	106.59	97.25	94.15	93.52
Total Debt	0.17	0.23	0.29	0.38	0.08
Net Cash (Debt)	3.67	6.64	3.1	2.69	6.86
Net Cash Growth	-44.73%	114.08%	15.39%	-60.79%	-39.70%
Net Cash Per Share	0.01	0.02	0.01	0.01	0.02
Book Value	112.07	104.99	96.56	92.42	91.7
Book Value Per Share	0.24	0.27	0.27	0.27	0.28
Tangible Book Value	112.07	104.99	96.56	92.42	91.7
Tangible Book Value Per Share	0.24	0.27	0.27	0.27	0.28

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.