Largo Physical Vanadium Corp. (TSXV:VAND)

Largo Physical Vanadium Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jul 31, 2022
Cash & Equivalents	0.32	0.86	0.78	6.36	0.31
Cash & Short-Term Investments	0.32	0.86	0.78	6.36	0.31
Cash Growth	-67.51%	10.55%	-87.70%	1958.12%	-
Other Receivables	0.01	0.01	0.9	0.09	-
Receivables	0.01	0.01	0.9	0.09	-
Prepaid Expenses	0.04	0.03	0.03	5.39	0.53
Restricted Cash	-	-	-	-	23.17
Total Current Assets	0.37	0.91	1.71	11.83	24.01
Other Long-Term Assets	17.21	17.3	19.08	16.23	-
Total Assets	17.58	18.21	20.8	28.06	24.01
Accounts Payable	0.71	0.62	0.45	0.46	0.55
Other Current Liabilities	-	-	-	-	23.67
Total Current Liabilities	0.71	0.62	0.45	0.46	24.21
Long-Term Deferred Tax Liabilities	-	-	-	0.33	-
Total Liabilities	0.71	0.62	0.45	0.79	24.21
Common Stock	28.1	28.1	28.1	28.1	0.49
Retained Earnings	-11.23	-10.51	-7.76	-0.84	-0.7
Shareholders' Equity	16.87	17.59	20.35	27.27	-0.2
Total Liabilities & Equity	17.58	18.21	20.8	28.06	24.01
Net Cash (Debt)	0.32	0.86	0.78	6.36	0.31
Net Cash Growth	-67.51%	10.55%	-87.70%	1958.12%	-
Net Cash Per Share	0.02	0.05	0.05	1.21	1.24
Filing Date Shares Outstanding	16.82	16.82	16.82	16.82	0.32
Total Common Shares Outstanding	16.82	16.82	16.82	16.82	0.32
Working Capital	-0.34	0.29	1.26	11.37	-0.2
Book Value Per Share	1.00	1.05	1.21	1.62	-0.64
Tangible Book Value	16.87	17.59	20.35	27.27	-0.2
Tangible Book Value Per Share	1.00	1.05	1.21	1.62	-0.64

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.