Zentek Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Cash & Equivalents	0.12	3.52	10.36	26.68	3.09	Upgrade
Cash & Short-Term Investments	0.12	3.52	10.36	26.68	3.09	Upgrade
Cash Growth	-96.55%	-66.00%	-61.17%	762.84%	283.59%	Upgrade
Accounts Receivable	1.2	0	0.01	0.31	-	Upgrade
Other Receivables	-	0.3	0.56	0.34	0.12	Upgrade
Receivables	1.2	0.84	3.55	3.61	0.12	Upgrade
Inventory	0.89	1.42	2.96	1.52	-	Upgrade
Prepaid Expenses	0.28	0.47	1.08	0.16	0.17	Upgrade
Other Current Assets	1.88	-	-	-	-	Upgrade
Total Current Assets	4.37	6.25	17.95	31.96	3.39	Upgrade
Property, Plant & Equipment	12.73	15.04	15.34	13.03	26.86	Upgrade
Other Long-Term Assets	1.29	1.29	-	-	-	Upgrade
Total Assets	18.4	22.59	33.29	44.98	30.25	Upgrade
Accounts Payable	2.97	0.54	0.91	1.04	0.35	Upgrade
Accrued Expenses	-	0.63	0.38	0.16	0.03	Upgrade
Current Portion of Long-Term Debt	0.35	0.5	1	0.95	-	Upgrade
Current Portion of Leases	0.17	0.15	0.13	0.15	0.12	Upgrade
Current Unearned Revenue	-	-	-	-	0	Upgrade
Other Current Liabilities	-	-	-	-	2.01	Upgrade
Total Current Liabilities	3.49	1.82	2.42	2.3	2.51	Upgrade
Long-Term Debt	-	0.26	-	1	-	Upgrade
Long-Term Leases	0.16	0.33	0.48	0.13	0.28	Upgrade
Total Liabilities	3.65	2.41	2.9	3.44	2.79	Upgrade
Common Stock	89.48	86.11	85.75	85.49	43.8	Upgrade
Retained Earnings	-83.85	-76.62	-66.2	-52.18	-20.49	Upgrade
Comprehensive Income & Other	9.13	10.69	10.83	8.23	4.15	Upgrade
Shareholders' Equity	14.75	20.17	30.38	41.55	27.46	Upgrade
Total Liabilities & Equity	18.4	22.59	33.29	44.98	30.25	Upgrade
Total Debt	0.68	1.24	1.61	2.23	0.4	Upgrade
Net Cash (Debt)	-0.56	2.28	8.75	24.44	2.69	Upgrade
Net Cash Growth	-	-73.94%	-64.22%	809.64%	233.42%	Upgrade
Net Cash Per Share	-0.01	0.02	0.09	0.27	0.03	Upgrade
Filing Date Shares Outstanding	93.91	101.23	99.59	99.36	89	Upgrade
Total Common Shares Outstanding	93.91	100.82	99.53	99.25	86.2	Upgrade
Working Capital	0.88	4.43	15.53	29.65	0.88	Upgrade
Book Value Per Share	0.16	0.20	0.31	0.42	0.32	Upgrade
Tangible Book Value	14.75	20.17	30.38	41.55	27.46	Upgrade
Tangible Book Value Per Share	0.16	0.20	0.31	0.42	0.32	Upgrade
Land	-	-	-	2.06	-	Upgrade
Buildings	-	2.06	2.06	-	-	Upgrade
Machinery	-	6.1	4.27	1.63	0.33	Upgrade
Construction In Progress	-	0.05	1.95	2.44	-	Upgrade
Leasehold Improvements	-	0.35	0.35	0.26	0.11	Upgrade

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.