T2 Metals Corp. (TSXV:TWO)

T2 Metals Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Cash & Equivalents	7.26	8.69	1.18	0.39	1.46	1.78
Cash & Short-Term Investments	7.26	8.69	1.18	0.39	1.46	1.78
Cash Growth	652.86%	637.96%	205.62%	-73.69%	-17.89%	0.37%
Other Receivables	0.12	0.01	0.06	0.01	0.01	0.01
Receivables	0.12	0.01	0.06	0.01	0.01	0.01
Prepaid Expenses	0.09	0.05	0.04	0.05	0.04	0.04
Total Current Assets	7.47	8.74	1.28	0.44	1.52	1.84
Property, Plant & Equipment	5.55	3.84	4.03	2.12	1.34	0.32
Long-Term Investments	0.03	0.03	0.03	0.03	0.03	0
Total Assets	13.05	12.62	5.34	2.6	2.89	2.16

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Accounts Payable	0.93	0.13	0.17	0.14	0.09	0.06
Accrued Expenses	0.52	0.56	0.12	0.47	0.29	0.2
Current Unearned Revenue	-	-	-	-	0.12	-
Total Current Liabilities	1.44	0.69	0.29	0.61	0.5	0.26
Long-Term Unearned Revenue	-	-	0.4	-	-	-
Total Liabilities	1.44	0.69	0.69	0.61	0.5	0.26

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Common Stock	43.51	43.51	34.27	31.03	31.03	29.95
Retained Earnings	-35.02	-34.44	-32.12	-31.08	-30.67	-29.99
Comprehensive Income & Other	3.12	2.85	2.5	2.03	2.03	1.94
Shareholders' Equity	11.61	11.93	4.65	1.98	2.39	1.9
Total Liabilities & Equity	13.05	12.62	5.34	2.6	2.89	2.16

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Net Cash (Debt)	7.26	8.69	1.18	0.39	1.46	1.78
Net Cash Growth	652.86%	637.96%	205.62%	-73.69%	-17.89%	0.37%
Net Cash Per Share	0.14	0.19	0.03	0.01	0.06	0.08
Filing Date Shares Outstanding	62.79	62.79	42.04	40.33	28.9	25.81
Total Common Shares Outstanding	62.79	62.79	42.04	28.9	28.9	24
Working Capital	6.03	8.05	0.99	-0.17	1.02	1.58
Book Value Per Share	0.18	0.19	0.11	0.07	0.08	0.08
Tangible Book Value	11.61	11.93	4.65	1.98	2.39	1.9
Tangible Book Value Per Share	0.18	0.19	0.11	0.07	0.08	0.08
Machinery	0.12	0.04	0.05	-	0.08	-

Data Source: S&P Global Market Intelligence Last updated: Sep 25, 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:

Oct 7, 2026

Data Sources Report a data error