Rio2 Limited (TSXV:RIO)

Rio2 Limited 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	13.24	45.01	4.6	4.68	21.35	2.6
Short-Term Investments	-	-	-	0.05	0.05	0.83
Cash & Short-Term Investments	13.24	45.01	4.6	4.73	21.39	3.43
Cash Growth	-20.69%	879.31%	-2.74%	-77.91%	522.86%	-77.12%
Accounts Receivable	-	-	-	0.12	-	-
Other Receivables	21.91	0.07	0.01	0.24	0.25	0.01
Receivables	21.91	0.07	0.01	0.36	0.25	0.01
Prepaid Expenses	0.36	0.32	0.29	0.41	1.48	0.19
Total Current Assets	35.51	45.41	4.89	5.5	23.12	3.63
Property, Plant & Equipment	161.53	108.64	92.95	93.06	62.59	59.26
Other Intangible Assets	-	-	-	0.02	0.06	0.09
Long-Term Deferred Charges	3.25	3.25	-	-	-	-
Other Long-Term Assets	10.03	16.51	10.58	16.47	9.93	9.19
Total Assets	210.32	173.8	108.42	115.06	95.7	72.16
Accounts Payable	16.76	8.77	0.25	1.34	2.77	2.17
Accrued Expenses	-	0.75	0.23	0.16	0.71	0.01
Current Portion of Leases	0.15	0.14	0.15	0.21	0.19	0.21
Total Current Liabilities	16.92	9.66	0.64	1.71	3.67	2.39
Long-Term Leases	0.08	0.15	0.31	0.5	0.3	0.27
Long-Term Unearned Revenue	62.3	34	30.3	27.19	-	-
Other Long-Term Liabilities	7.8	4.88	3.96	3.83	3.37	3.72
Total Liabilities	87.09	48.69	35.21	33.23	7.33	6.38
Common Stock	193.6	192.75	128.81	128.53	127.2	95.77
Retained Earnings	-66.24	-63.47	-63.45	-51.09	-48.79	-38.26
Comprehensive Income & Other	-4.14	-4.17	7.84	4.39	9.95	8.27
Shareholders' Equity	123.23	125.11	73.21	81.83	88.36	65.78
Total Liabilities & Equity	210.32	173.8	108.42	115.06	95.7	72.16
Total Debt	0.23	0.29	0.47	0.71	0.49	0.48
Net Cash (Debt)	13.01	44.72	4.13	4.01	20.91	2.95
Net Cash Growth	-20.27%	982.55%	2.96%	-80.81%	607.80%	-80.33%
Net Cash Per Share	0.03	0.14	0.02	0.02	0.09	0.02
Filing Date Shares Outstanding	427.75	426.37	259.57	257.64	256.31	199.59
Total Common Shares Outstanding	427.58	426.37	259.23	257.56	254.34	190.71
Working Capital	18.59	35.74	4.26	3.79	19.45	1.24
Book Value Per Share	0.29	0.29	0.28	0.32	0.35	0.34
Tangible Book Value	123.23	125.11	73.21	81.81	88.3	65.69
Tangible Book Value Per Share	0.29	0.29	0.28	0.32	0.35	0.34
Land	-	-	-	0	0	0
Machinery	10.42	41.43	32.95	29.91	2.05	0.28
Construction In Progress	83.4	1.51	-	-	-	-

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.