Thor Explorations Ltd. (AIM:THX)

Thor Explorations Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	24.76	12.04	7.84	6.69	1.28	22.18
Cash & Short-Term Investments	24.76	12.04	7.84	6.69	1.28	22.18
Cash Growth	794.24%	53.57%	17.22%	424.03%	-94.25%	432.45%
Accounts Receivable	-	-	-	0.07	0.02	-
Other Receivables	0.37	0.38	0.28	0.15	0.22	0.04
Receivables	0.37	0.38	0.28	0.22	0.24	0.04
Inventory	37.39	41.1	41.77	32.5	18.15	-
Prepaid Expenses	3.41	2.53	1.88	0.85	0.35	0.2
Restricted Cash	-	-	-	-	3.5	3.5
Other Current Assets	2.22	1.65	5.77	9.63	0.24	0.23
Total Current Assets	68.15	57.71	57.54	49.88	23.74	26.16
Property, Plant & Equipment	120.98	127.8	156.46	166.36	172.96	71.94
Other Intangible Assets	40.37	36.24	28.91	19.23	15.35	12.77
Long-Term Deferred Tax Assets	-	-	0.09	0.09	0.09	0.04
Other Long-Term Assets	62.96	57.33	16.11	0.28	0.11	0.15
Total Assets	292.47	279.07	259.11	235.85	212.24	111.05
Accounts Payable	28.91	46.27	58.71	46.91	43.57	8.13
Accrued Expenses	3.72	2.52	14.12	6.21	-	0.43
Short-Term Debt	-	-	-	-	0.67	-
Current Portion of Long-Term Debt	-	0.86	23.25	0.89	27.32	0.05
Current Portion of Leases	4.82	4.82	4.82	4.81	4.85	0.03
Current Unearned Revenue	5.87	4.46	11.84	6.58	-	-
Other Current Liabilities	5.29	11.43	14.29	13.4	12.84	4.76
Total Current Liabilities	48.62	70.37	127.02	78.81	89.24	13.41
Long-Term Debt	-	-	0.52	27.25	25.75	16.11
Long-Term Leases	1.32	2.39	6.67	10.6	13.43	-
Other Long-Term Liabilities	5.08	5.06	12.71	19.81	24.23	20.38
Total Liabilities	55.01	77.82	146.92	136.47	152.65	49.91
Common Stock	82.39	81.63	81.49	80.44	79.03	76.22
Retained Earnings	157.98	121.57	30.35	18.1	-21.06	-19.43
Comprehensive Income & Other	-2.92	-1.95	0.35	0.84	1.62	4.36
Total Common Equity	237.46	201.25	112.19	99.38	59.59	61.15
Shareholders' Equity	237.46	201.25	112.19	99.38	59.59	61.15
Total Liabilities & Equity	292.47	279.07	259.11	235.85	212.24	111.05
Total Debt	6.14	8.07	35.26	43.55	72.01	16.2
Net Cash (Debt)	18.62	3.97	-27.42	-36.86	-70.74	5.98
Net Cash Growth	-	-	-	-	-	46.23%
Net Cash Per Share	0.03	0.01	-0.04	-0.06	-0.11	0.01
Filing Date Shares Outstanding	656.06	665.3	656.06	644.7	641.9	621.41
Total Common Shares Outstanding	665.3	657.06	656.06	644.7	632.36	621.41
Working Capital	19.53	-12.66	-69.48	-28.92	-65.5	12.75
Book Value Per Share	0.36	0.31	0.17	0.15	0.09	0.10
Tangible Book Value	197.08	165.02	83.28	80.15	44.25	48.38
Tangible Book Value Per Share	0.30	0.25	0.13	0.12	0.07	0.08
Land	-	-	-	0.02	0.02	0.02
Machinery	1.24	1.18	1.32	78.28	3.72	2.07
Construction In Progress	-	-	-	1.88	144.58	70.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.