Thesis Gold & Silver Inc. (TSXV:TAU)

Thesis Gold & Silver 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	71.16	76.11	9.39	7.27	17.2	31.48
Short-Term Investments	0.15	0.01	0.12	1.25	0.01	0.01
Cash & Short-Term Investments	71.32	76.12	9.51	8.51	17.21	31.49
Cash Growth	108.15%	700.00%	11.78%	-50.54%	-45.36%	-7.73%
Other Receivables	1.83	2.04	4.79	4.62	9.87	10.61
Receivables	1.83	2.04	4.79	4.62	9.87	10.61
Prepaid Expenses	0.41	0.48	0.19	0.13	0.62	0.5
Total Current Assets	73.56	78.63	14.5	13.26	27.7	42.6
Property, Plant & Equipment	224.43	220.61	190.79	168.69	100.53	77.12
Other Long-Term Assets	1.34	1.19	1.26	1.88	1.39	0.84
Total Assets	299.33	300.43	206.55	183.83	129.62	120.56

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	2.44	1.44	0.81	4.41	0.62	8.07
Accrued Expenses	0.3	0.72	0.81	0.09	0.01	0.06
Current Portion of Leases	0.2	0.19	0.17	0.03	0.09	0.08
Current Unearned Revenue	0.8	1.47	0.36	-	0.72	3.39
Total Current Liabilities	3.75	3.83	2.16	4.53	1.45	11.6
Long-Term Leases	0.56	0.62	0.8	-	0.02	0.1
Long-Term Deferred Tax Liabilities	20.38	20.5	17.11	14.54	13.47	8.18
Other Long-Term Liabilities	2.17	2.18	2.17	2.5	0.96	0.6
Total Liabilities	26.86	27.12	22.24	21.57	15.89	20.49

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	292.6	290.69	197.46	175.25	128.72	110.66
Retained Earnings	-40.46	-37.21	-31.3	-29.65	-30.54	-25.67
Comprehensive Income & Other	20.33	19.84	18.15	16.66	15.54	15.08
Shareholders' Equity	272.47	273.32	184.31	162.26	113.72	100.07
Total Liabilities & Equity	299.33	300.43	206.55	183.83	129.62	120.56

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	0.76	0.81	0.97	0.03	0.12	0.18
Net Cash (Debt)	70.55	75.31	8.54	8.48	17.09	31.31
Net Cash Growth	111.67%	781.57%	0.71%	-50.38%	-45.41%	-8.27%
Net Cash Per Share	0.27	0.30	0.04	0.06	0.20	0.47
Filing Date Shares Outstanding	279.57	278.95	237.76	196.16	97.71	79.57
Total Common Shares Outstanding	278.95	277.35	212.83	174.05	97.71	79.57
Working Capital	69.81	74.8	12.34	8.73	26.25	31
Book Value Per Share	0.98	0.99	0.87	0.93	1.16	1.26
Tangible Book Value	272.47	273.32	184.31	162.26	113.72	100.07
Tangible Book Value Per Share	0.98	0.99	0.87	0.93	1.16	1.26
Machinery	0.04	0.12	1	0.86	0.86	0.5

Data Source: S&P Global Market Intelligence Last updated: May 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

Data Sources Report a data error