Velox Energy Materials Inc. (TSXV:VLX)

Velox Energy Materials 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	0.2	0.62	2.08	2.29	0.07
Short-Term Investments	0.01	0.01	0.01	0.02	0.08
Cash & Short-Term Investments	0.21	0.63	2.09	2.3	0.15
Cash Growth	-66.66%	-69.84%	-9.38%	1484.73%	-64.37%
Accounts Receivable	0	0.03	0.05	0.02	0.01
Other Receivables	0.02	0.02	0.03	0.01	-
Total Trade Receivables	0.02	0.06	0.07	0.03	0.01
Other Current Assets	0.01	1.26	0.01	0.01	0.01
Total Current Assets	0.24	1.95	2.17	2.33	0.16
Net Property, Plant & Equipment	2.22	2.15	1.71	1.05	0
Other Intangible Assets	0.63	-	3.48	-	-
Total Assets	3.09	4.1	7.36	3.39	0.16
Accounts Payable	0.18	0.37	0.17	0.32	0.47
Current Portion of Leases	-	0.01	0.03	-	-
Unearned Revenue	-	0.05	-	-	-
Other Current Liabilities	-	0.08	-	-	-
Total Current Liabilities	0.18	0.5	0.2	0.32	0.47
Total Liabilities	0.18	0.5	0.2	0.32	0.47
Common Stock	24.09	24.06	24.06	19.76	16.96
Additional Paid-in Capital	4.43	4.43	4.16	2.89	1.64
Accumulated Other Comprehensive Income	0.04	0.08	0.09	0.06	0.02
Retained Earnings	-25.66	-24.97	-21.14	-19.63	-18.93
Shareholders' Equity	2.91	3.6	7.16	3.07	-0.31
Total Liabilities & Equity	3.09	4.1	7.36	3.39	0.16
Total Debt	0	0.01	0.03	0	0
Net Cash (Debt)	0.21	0.62	2.06	2.3	0.15
Net Cash Growth	-66.26%	-69.83%	-10.49%	1484.73%	41.95%
Net Cash Per Share	0.00	0.01	0.03	0.07	0.01
Book Value	2.91	3.6	7.16	3.07	-0.31
Book Value Per Share	0.03	0.04	0.10	0.09	-0.02
Tangible Book Value	2.28	3.6	3.68	3.07	-0.31
Tangible Book Value Per Share	0.03	0.04	0.05	0.09	-0.02

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.