Velocity Minerals Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.88	1.23	3.15	1.07	4.68	10.54
Cash & Short-Term Investments	2.88	1.23	3.15	1.07	4.68	10.54
Cash Growth	109.51%	-60.87%	195.47%	-77.17%	-55.65%	227.71%
Accounts Receivable	0.47	0.06	0.32	0.29	0.3	0.26
Other Current Assets	0.05	0.12	0.09	0.08	0.05	0.15
Total Current Assets	3.4	1.41	3.56	1.44	5.03	10.96
Net Property, Plant & Equipment	0.08	0.1	0.24	0.3	0.24	0.15
Other Long-Term Assets	49.25	26.86	26.06	24.78	23.2	17.9
Total Assets	52.73	28.37	29.86	26.51	28.48	29.01
Accounts Payable	1.14	0.56	0.54	0.35	0.37	0.9
Current Portion of Leases	0.01	0.06	0.09	0.11	0.06	0.03
Other Current Liabilities	2.48	0.26	0.27	-	-	-
Total Current Liabilities	3.63	0.88	0.91	0.46	0.43	0.93
Long-Term Debt	-	-	-	-	-	4.21
Long-Term Leases	0.01	0.01	0.07	0.16	0.04	0.04
Other Long-Term Liabilities	22.97	-	-	-	-	-
Total Long-Term Liabilities	22.98	0.01	0.07	0.16	0.04	4.25
Total Liabilities	26.61	0.89	0.98	0.62	0.47	5.18
Common Stock	44.74	44.73	44.58	40.31	40.31	33.74
Additional Paid-in Capital	3.01	2.79	2.51	2.08	1.71	2.71
Retained Earnings	-26.43	-24.84	-22.94	-21.13	-18.47	-15.98
Total Common Shareholders' Equity	21.33	22.68	24.15	21.26	23.55	20.46
Minority Interest	4.79	4.79	4.74	4.63	4.46	3.37
Shareholders' Equity	26.12	27.47	28.89	25.89	28.01	23.83
Total Liabilities & Equity	52.73	28.37	29.86	26.51	28.48	29.01
Total Debt	0.02	0.07	0.17	0.27	0.11	4.28
Net Cash (Debt)	2.87	1.16	2.99	0.8	4.57	6.27
Net Cash Growth	146.06%	-61.04%	272.42%	-82.44%	-27.05%	-
Net Cash Per Share	0.01	0.01	0.02	0.01	0.03	0.06
Book Value	21.33	22.68	24.15	21.26	23.55	20.46
Book Value Per Share	0.11	0.12	0.14	0.13	0.15	0.18
Tangible Book Value	21.33	22.68	24.15	21.26	23.55	20.46
Tangible Book Value Per Share	0.11	0.12	0.14	0.13	0.15	0.18

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.