Sea Forest Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023
Cash & Equivalents	9.84	12.62	12.96	15.15
Short-Term Investments	19.11	-	7.33	7
Cash & Short-Term Investments	28.95	12.62	20.29	22.15
Cash Growth	30.70%	-37.82%	-8.39%	-
Accounts Receivable	0.46	0.2	0.07	0.18
Other Receivables	2.52	1.93	2.46	5.34
Receivables	3.13	2.23	2.69	5.79
Inventory	0.59	0.77	3.32	1.32
Prepaid Expenses	0.4	1.01	0.98	0.97
Restricted Cash	0.26	0.26	-	-
Other Current Assets	-	-	-	0.22
Total Current Assets	33.33	16.88	27.28	30.43
Property, Plant & Equipment	13.22	15.99	22.22	23.35
Total Assets	46.55	32.87	49.49	53.79
Accounts Payable	1.23	0.31	0.54	1
Accrued Expenses	0.64	0.63	1.29	0.63
Current Portion of Leases	0.38	0.34	0.09	0.08
Current Unearned Revenue	0.31	0.83	2.53	1.3
Other Current Liabilities	-	0.52	0.73	0.48
Total Current Liabilities	2.56	2.63	5.18	3.49
Long-Term Leases	0.91	1.71	6.35	5.2
Long-Term Unearned Revenue	2.01	2.95	4.12	5
Pension & Post-Retirement Benefits	0.13	0.14	0.11	0.06
Total Liabilities	5.62	7.43	15.76	13.74
Common Stock	74.84	55.85	55.85	55.85
Retained Earnings	-36.42	-32.48	-23.39	-16.51
Comprehensive Income & Other	2.52	2.07	1.27	0.7
Shareholders' Equity	40.93	25.44	33.74	40.05
Total Liabilities & Equity	46.55	32.87	49.49	53.79
Total Debt	1.29	2.06	6.44	5.28
Net Cash (Debt)	27.66	10.56	13.85	16.87
Net Cash Growth	63.98%	-23.74%	-17.90%	-
Net Cash Per Share	0.59	0.23	0.30	-
Filing Date Shares Outstanding	56.06	45.81	45.81	-
Total Common Shares Outstanding	56.06	45.81	45.81	-
Working Capital	30.77	14.26	22.1	26.95
Book Value Per Share	0.73	0.56	0.74	-
Tangible Book Value	40.93	25.44	33.74	40.05
Tangible Book Value Per Share	0.73	0.56	0.74	-
Land	3.4	3.58	3.4	3.53
Machinery	5.92	6.51	5.77	5.6
Construction In Progress	0.1	0.71	0.41	0.01
Leasehold Improvements	0.33	0.33	0.32	0.31

Source: S&P Capital IQ. Standard template. Financial Sources.