Helium Evolution Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8.57	3.83	6.33	9.13	0.17
Short-Term Investments	0.1	0.03	0.07	0.04	0.51
Cash & Short-Term Investments	8.66	3.86	6.4	9.16	0.68
Cash Growth	93.22%	-39.60%	-30.20%	1251.62%	-
Other Receivables	0.07	0.06	0.08	0.26	0.05
Receivables	0.07	0.06	0.08	0.26	0.05
Inventory	-	-	-	0.99	-
Restricted Cash	-	-	-	-	12.3
Total Current Assets	8.73	3.92	6.47	10.42	13.02
Property, Plant & Equipment	13.12	6.26	4.38	2.6	0.64
Other Long-Term Assets	0.1	0.42	0.78	-	-
Total Assets	21.95	10.6	11.64	13.02	13.67
Accounts Payable	1.36	0.73	0.71	0.16	0.2
Current Portion of Leases	0.02	0.02	0.02	0.02	0.02
Other Current Liabilities	-	-	-	-	12.3
Total Current Liabilities	9.74	0.75	0.73	0.18	12.51
Long-Term Leases	0.02	0	0.02	0.01	0.02
Other Long-Term Liabilities	0.53	0.15	0.12	0.03	-
Total Liabilities	10.29	0.91	0.87	0.23	12.53
Common Stock	23.17	19.22	19.22	19.22	1.92
Additional Paid-In Capital	3.63	3.6	2.41	0.93	0.08
Retained Earnings	-15.75	-13.12	-11.73	-8.78	-1.41
Comprehensive Income & Other	0.61	-	0.87	1.43	0.55
Shareholders' Equity	11.66	9.7	10.77	12.8	1.14
Total Liabilities & Equity	21.95	10.6	11.64	13.02	13.67
Total Debt	8.4	0.02	0.04	0.03	0.03
Net Cash (Debt)	0.26	3.84	6.35	9.14	0.65
Net Cash Growth	-94.19%	-39.54%	-30.45%	1316.28%	-
Net Cash Per Share	0.00	0.04	0.07	0.12	0.03
Filing Date Shares Outstanding	163.01	112.29	96.03	96.03	34
Total Common Shares Outstanding	122.97	96.03	96.03	96.03	34
Working Capital	-1.01	3.17	5.74	10.24	0.51
Book Value Per Share	0.09	0.10	0.11	0.13	0.03
Tangible Book Value	11.66	9.7	10.77	12.8	1.14
Tangible Book Value Per Share	0.09	0.10	0.11	0.13	0.03
Machinery	-	-	-	-	0.06

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