Velocity Minerals Ltd. (TSXV:VLC)

Velocity Minerals Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.48	3.04	1.17	3.15	1.07	4.68
Cash & Short-Term Investments	2.48	3.04	1.17	3.15	1.07	4.68
Cash Growth	74.86%	160.08%	-62.99%	195.47%	-77.17%	-55.65%
Accounts Receivable	0.14	0.24	0.06	0.32	0.29	0.3
Other Current Assets	23.23	22.83	0.18	0.09	0.08	0.05
Total Current Assets	25.85	26.1	1.41	3.56	1.44	5.03
Net Property, Plant & Equipment	0.06	0.08	0.1	0.24	0.3	0.24
Other Long-Term Assets	26.61	26.45	26.86	26.06	24.78	23.2
Total Assets	52.52	52.63	28.37	29.86	26.51	28.48

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.27	1.32	0.56	0.54	0.35	0.37
Current Portion of Leases	0.01	0.01	0.06	0.09	0.11	0.06
Other Current Liabilities	24.6	24.48	0.26	0.27	-	-
Total Current Liabilities	25.87	25.81	0.88	0.91	0.46	0.43
Long-Term Leases	-	-	0.01	0.07	0.16	0.04
Total Long-Term Liabilities	-	-	0.01	0.07	0.16	0.04
Total Liabilities	25.87	25.81	0.89	0.98	0.62	0.47

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	46.06	46.06	44.73	44.58	40.31	40.31
Additional Paid-in Capital	3.17	3.07	2.79	2.51	2.08	1.71
Retained Earnings	-27.29	-27.04	-24.84	-22.94	-21.13	-18.47
Total Common Shareholders' Equity	21.93	22.08	22.68	24.15	21.26	23.55
Minority Interest	4.72	4.74	4.79	4.74	4.63	4.46
Shareholders' Equity	48.58	48.91	50.16	28.89	25.89	28.01
Total Liabilities & Equity	52.52	52.63	28.37	29.86	26.51	28.48

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.01	0.01	0.07	0.17	0.27	0.11
Net Cash (Debt)	2.47	3.03	1.1	2.99	0.8	4.57
Net Cash Growth	80.30%	175.95%	-63.27%	272.42%	-82.44%	-27.05%
Net Cash Per Share	0.01	0.01	0.01	0.02	0.01	0.03
Book Value	21.93	22.08	22.68	24.15	21.26	23.55
Book Value Per Share	0.11	0.11	0.12	0.14	0.13	0.15
Tangible Book Value	21.93	22.08	22.68	24.15	21.26	23.55
Tangible Book Value Per Share	0.11	0.11	0.12	0.14	0.13	0.15

Data Source: Fiscal.ai Last updated: May 27, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 30, 2026

Data Sources Report a data error