T2 Metals Corp. (TSXV:TWO)

T2 Metals Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Cash & Equivalents	0.47	1.18	0.39	1.46	1.78	1.78
Cash & Short-Term Investments	0.47	1.18	0.39	1.46	1.78	1.78
Cash Growth	-75.31%	205.62%	-73.69%	-17.89%	0.37%	8063.38%
Other Receivables	0.02	0.06	0.01	0.01	0.01	0.02
Receivables	0.02	0.06	0.01	0.01	0.01	0.02
Prepaid Expenses	0.06	0.04	0.05	0.04	0.04	0.16
Total Current Assets	0.55	1.28	0.44	1.52	1.84	1.95
Property, Plant & Equipment	4.42	4.03	2.12	1.34	0.32	0.52
Long-Term Investments	0.03	0.03	0.03	0.03	0	-
Total Assets	5.01	5.34	2.6	2.89	2.16	2.47
Accounts Payable	0.09	0.17	0.14	0.09	0.06	0.01
Accrued Expenses	0.12	0.12	0.47	0.29	0.2	0.13
Current Unearned Revenue	-	-	-	0.12	-	-
Total Current Liabilities	0.21	0.29	0.61	0.5	0.26	0.14
Long-Term Unearned Revenue	0.4	0.4	-	-	-	-
Total Liabilities	0.61	0.69	0.61	0.5	0.26	0.14
Common Stock	34.49	34.27	31.03	31.03	29.95	29.21
Retained Earnings	-32.56	-32.12	-31.08	-30.67	-29.99	-28.72
Comprehensive Income & Other	2.46	2.5	2.03	2.03	1.94	1.83
Shareholders' Equity	4.39	4.65	1.98	2.39	1.9	2.32
Total Liabilities & Equity	5.01	5.34	2.6	2.89	2.16	2.47
Net Cash (Debt)	0.47	1.18	0.39	1.46	1.78	1.78
Net Cash Growth	-75.31%	205.62%	-73.69%	-17.89%	0.37%	-
Net Cash Per Share	0.01	0.03	0.01	0.06	0.08	0.12
Filing Date Shares Outstanding	47.45	42.04	40.33	28.9	25.81	20.23
Total Common Shares Outstanding	42.63	42.04	28.9	28.9	24	20.23
Working Capital	0.34	0.99	-0.17	1.02	1.58	1.81
Book Value Per Share	0.10	0.11	0.07	0.08	0.08	0.11
Tangible Book Value	4.39	4.65	1.98	2.39	1.9	2.32
Tangible Book Value Per Share	0.10	0.11	0.07	0.08	0.08	0.11
Machinery	0.03	-	-	0.08	-	-

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