Zentek Balance Sheet

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	1.3	0.12	3.52	10.36	26.68
Cash & Short-Term Investments	1.3	0.12	3.52	10.36	26.68
Cash Growth	972.38%	-96.55%	-66.00%	-61.17%	762.84%
Accounts Receivable	0.02	0.81	0	0.01	0.31
Other Receivables	0.35	0.4	0.3	0.56	0.34
Receivables	0.37	1.2	0.84	3.55	3.61
Inventory	0.42	0.89	1.42	2.96	1.52
Prepaid Expenses	0.19	0.28	0.47	1.08	0.16
Other Current Assets	-	1.88	-	-	-
Total Current Assets	2.28	4.37	6.25	17.95	31.96
Property, Plant & Equipment	12.81	12.73	15.04	15.34	13.03
Other Long-Term Assets	-	1.29	1.29	-	-
Total Assets	15.09	18.4	22.59	33.29	44.98
Accounts Payable	2.08	2.01	0.54	0.91	1.04
Accrued Expenses	0.88	0.44	0.63	0.38	0.16
Current Portion of Long-Term Debt	-	0.35	0.5	1	0.95
Current Portion of Leases	0.16	0.17	0.15	0.13	0.15
Current Income Taxes Payable	0.01	0.09	-	-	-
Other Current Liabilities	0.4	0.43	-	-	-
Total Current Liabilities	3.53	3.49	1.82	2.42	2.3
Long-Term Debt	1.75	-	0.26	-	1
Long-Term Leases	-	0.16	0.33	0.48	0.13
Total Liabilities	5.28	3.65	2.41	2.9	3.44
Common Stock	92.31	89.48	86.11	85.75	85.49
Retained Earnings	-90.78	-83.85	-76.62	-66.2	-52.18
Comprehensive Income & Other	8.28	9.13	10.69	10.83	8.23
Shareholders' Equity	9.8	14.75	20.17	30.38	41.55
Total Liabilities & Equity	15.09	18.4	22.59	33.29	44.98
Total Debt	1.91	0.68	1.24	1.61	2.23
Net Cash (Debt)	-0.61	-0.56	2.28	8.75	24.44
Net Cash Growth	-	-	-73.94%	-64.22%	809.64%
Net Cash Per Share	-0.01	-0.01	0.02	0.09	0.27
Filing Date Shares Outstanding	126.62	104.71	101.23	99.59	99.36
Total Common Shares Outstanding	107.79	104.39	100.82	99.53	99.25
Working Capital	-1.26	0.88	4.43	15.53	29.65
Book Value Per Share	0.09	0.14	0.20	0.31	0.42
Tangible Book Value	9.8	14.75	20.17	30.38	41.55
Tangible Book Value Per Share	0.09	0.14	0.20	0.31	0.42
Land	-	-1.88	2.06	-	2.06
Buildings	-	2.06	-	2.06	-
Machinery	5.82	6.06	6.1	4.27	1.63
Construction In Progress	0.05	0.05	0.05	1.95	2.44
Leasehold Improvements	0.35	0.35	0.35	0.35	0.26