Versamet Royalties Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023
Cash & Equivalents	6.13	3.71	1.43	6.72	4.08
Cash & Short-Term Investments	6.13	3.71	1.43	6.72	4.08
Cash Growth	605.15%	158.98%	-78.71%	64.53%	-
Accounts Receivable	10.93	9.63	0.37	0.42	0.77
Other Receivables	-	-	-	-	2.21
Total Trade Receivables	10.93	9.63	0.37	0.42	2.99
Other Current Assets	13.15	10.88	7.66	5.69	0.01
Total Current Assets	30.21	24.22	9.46	12.83	7.08
Other Intangible Assets	314.68	318.69	165.41	92.66	70.58
Long-Term Investments	79.51	73.86	55.39	52.25	1.55
Other Long-Term Assets	1.4	1.25	-	-	-
Total Assets	425.81	418.01	230.25	157.74	79.21
Accounts Payable	0.9	2.88	1.23	0.23	0.11
Current Portion of Long-Term Debt	-	30	12.33	12.57	8.83
Other Current Liabilities	-	-	3.29	3.68	-
Total Current Liabilities	0.9	32.88	16.85	16.48	8.94
Long-Term Debt	45	141	0.61	27.09	6.31
Other Long-Term Liabilities	14.19	10.17	1.46	0.4	0.21
Total Long-Term Liabilities	59.19	151.17	2.07	27.49	6.53
Total Liabilities	60.09	184.05	18.92	43.97	15.47
Common Stock	334.7	217.43	215.76	118.29	66.83
Additional Paid-in Capital	5.83	5.15	4.77	2.43	0.8
Accumulated Other Comprehensive Income	-0.93	-0.98	-1.23	-1.42	-1.49
Retained Earnings	26.12	12.37	-7.97	-5.52	-2.4
Shareholders' Equity	365.72	233.96	211.33	113.77	63.74
Total Liabilities & Equity	425.81	418.01	230.25	157.74	79.21
Total Debt	45	171	12.94	39.66	15.14
Net Cash (Debt)	-38.87	-167.29	-11.51	-32.94	-11.06
Net Cash Per Share	-0.40	-1.75	-0.15	-0.89	-
Book Value	365.72	233.96	211.33	113.77	63.74
Book Value Per Share	3.73	2.45	2.77	3.07	-
Tangible Book Value	51.04	-84.73	45.92	21.11	-6.84
Tangible Book Value Per Share	0.52	-0.89	0.60	0.57	-