South Pacific Metals Balance Sheet

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9.1	5.15	0.22	1.78	0.42	0.82
Cash & Short-Term Investments	9.1	5.15	0.22	1.78	0.42	0.82
Cash Growth	4061.70%	2253.74%	-87.69%	322.06%	-48.75%	5646.99%
Other Receivables	0.17	0.13	0.11	0.1	0.03	0.09
Receivables	0.17	0.13	0.11	0.1	0.03	0.09
Prepaid Expenses	0.09	0.1	0.04	0.04	0.23	0.02
Total Current Assets	9.36	5.38	0.36	1.91	0.68	0.94
Property, Plant & Equipment	18.42	15.8	15.49	12.77	8.77	5.77
Long-Term Investments	-	-	-	-	0.1	0.1
Other Long-Term Assets	0.13	0.17	0.2	0.37	0.74	0.17
Total Assets	27.92	21.35	16.05	15.05	10.3	6.97
Accounts Payable	1.03	0.18	0.16	2.11	0.96	0.57
Accrued Expenses	-	0.07	-	-	-	-
Short-Term Debt	-	-	-	0.71	-	-
Current Portion of Long-Term Debt	-	-	-	0.05	-	-
Other Current Liabilities	-	0.5	-	-	-	-
Total Current Liabilities	1.03	0.75	0.16	2.87	0.96	0.57
Long-Term Debt	-	-	-	0.92	-	-
Other Long-Term Liabilities	-	-	-	0.4	-	-
Total Liabilities	1.03	0.75	0.16	4.19	0.96	0.57
Common Stock	35.12	28.2	22.08	15.21	12.15	7.56
Retained Earnings	-12.18	-11	-9.46	-6.74	-4.73	-2.54
Comprehensive Income & Other	3.95	3.4	3.26	2.38	1.92	1.38
Shareholders' Equity	26.89	20.6	15.88	10.86	9.34	6.4
Total Liabilities & Equity	27.92	21.35	16.05	15.05	10.3	6.97
Total Debt	-	-	-	1.68	-	-
Net Cash (Debt)	9.1	5.15	0.22	0.09	0.42	0.82
Net Cash Growth	4061.70%	2253.74%	136.73%	-78.05%	-48.75%	5646.99%
Net Cash Per Share	0.18	0.14	0.01	0.01	0.07	0.18
Filing Date Shares Outstanding	56.21	51.85	51.85	34.98	7.63	6.07
Total Common Shares Outstanding	56.21	51.85	38.73	18.98	7.63	4.53
Working Capital	8.33	4.62	0.2	-0.95	-0.28	0.37
Book Value Per Share	0.48	0.40	0.41	0.57	1.22	1.41
Tangible Book Value	26.89	20.6	15.88	10.86	9.34	6.4
Tangible Book Value Per Share	0.48	0.40	0.41	0.57	1.22	1.41
Machinery	-	0.1	0.32	0.28	0.54	0.23
Construction In Progress	-	-	-	-	-	0.34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.