Velocity Minerals Ltd. (TSXV:VLC)

Velocity Minerals Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	3.04	1.17	3.15	1.07	4.68
Cash & Short-Term Investments	3.04	1.17	3.15	1.07	4.68
Cash Growth	160.08%	-62.99%	195.47%	-77.17%	-55.65%
Accounts Receivable	0.24	0.06	0.32	0.29	0.3
Other Current Assets	22.83	0.18	0.09	0.08	0.05
Total Current Assets	26.1	1.41	3.56	1.44	5.03
Net Property, Plant & Equipment	0.08	0.1	0.24	0.3	0.24
Other Long-Term Assets	26.45	26.86	26.06	24.78	23.2
Total Assets	52.63	28.37	29.86	26.51	28.48
Accounts Payable	1.32	0.56	0.54	0.35	0.37
Current Portion of Leases	0.01	0.06	0.09	0.11	0.06
Other Current Liabilities	24.48	0.26	0.27	-	-
Total Current Liabilities	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	25.81	0.89	0.98	0.62	0.47
Common Stock	46.06	44.73	44.58	40.31	40.31
Additional Paid-in Capital	3.07	2.79	2.51	2.08	1.71
Retained Earnings	-27.04	-24.84	-22.94	-21.13	-18.47
Total Common Shareholders' Equity	22.08	22.68	24.15	21.26	23.55
Minority Interest	4.74	4.79	4.74	4.63	4.46
Shareholders' Equity	48.91	50.16	28.89	25.89	28.01
Total Liabilities & Equity	52.63	28.37	29.86	26.51	28.48
Total Debt	0.01	0.07	0.17	0.27	0.11
Net Cash (Debt)	3.03	1.1	2.99	0.8	4.57
Net Cash Growth	175.95%	-63.27%	272.42%	-82.44%	-27.05%
Net Cash Per Share	0.01	0.01	0.02	0.01	0.03
Book Value	22.08	22.68	24.15	21.26	23.55
Book Value Per Share	0.11	0.12	0.14	0.13	0.15
Tangible Book Value	22.08	22.68	24.15	21.26	23.55
Tangible Book Value Per Share	0.11	0.12	0.14	0.13	0.15

Updated Apr 21, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.