Cash flow Rio2 Limited

Stocks

RIO

CA7672171021

Diversified Mining

Market Closed - Toronto S.E. 16:00:00 2026-08-12 EDT			5-day change	1st Jan Change
3.360 ^CAD	-1.18%		+10.16%	-1.18%

07-27	Royal Road Minerals Limited announced that it has received CAD 7.305 million in funding from Rio2 Limited	CI
07-08	Royal Road Minerals Down 10% on C$10 Million LIFE Offering	MT

24a04bcae8bddbd6.TzCBe-a8ufecqMmYosMxw6TbZdUBcXniEtqjHKTGr_k.e2ruMKOM3s_Q742gzvpVnOOOKeV2NwyBarn5Q9WX2pUJB_I3joTtuNnlgA

Published financial data: RIO2 LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	-	-	-	-	-
Selling General & Admin Expenses, Total	9.21M	9.1M	4.5M	7.7M	11.92M
Exploration / Drilling Costs, Total	70.49K	26.37K	156K	81K	-
Stock-Based Compensation (IS)	1.94M	1.71M	1.05M	572K	1.63M
Depreciation & Amortization - (IS)	-	-	-	96K	-
Amortization of Goodwill and Intangible Assets - (IS)	76.17K	2.28M	1.86M	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	285K	2.68M	3.37M	2.82M	455K
Other Operating Expenses, Total	11.58M	15.8M	10.94M	11.27M	14M
Operating Income	-11.58M	-15.8M	-10.94M	-11.27M	-14M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	15.26K	53.68K	245K	659K	893K
Net Interest Expenses	15.26K	53.68K	245K	659K	893K
Income (Loss) On Equity Invest.	-	-	-	-	-115K
Currency Exchange Gains (Loss)	-239K	8.65M	-2.07M	9.87M	1.91M
Other Non Operating Income (Expenses)	1.3M	-182K	432K	321K	-
EBT, Excl. Unusual Items	-10.51M	-7.27M	-12.34M	-416K	-11.31M
Merger & Related Restructuring Charges	-	-	-	-	-1.49M
Gain (Loss) On Sale Of Assets	-	5M	-	408K	-
Asset Writedown	-	-	-	-	-839K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-10.51M	-2.27M	-12.34M	-8K	-13.64M
Income Tax Expense	16.07K	33.02K	16.17K	13K	-
Earnings From Continuing Operations	-10.53M	-2.3M	-12.36M	-21K	-13.64M
Net Income to Company	-10.53M	-2.3M	-12.36M	-21K	-13.64M
Net Income - (IS)	-10.53M	-2.3M	-12.36M	-21K	-13.64M
Net Income to Common Incl Extra Items	-10.53M	-2.3M	-12.36M	-21K	-13.64M
Net Income to Common Excl. Extra Items	-10.53M	-2.3M	-12.36M	-21K	-13.64M
Per Share Items
Net EPS - Basic	-0.05	-0.01	-0.05	-0	-0.03
Basic EPS - Continuing Operations	-0.05	-0.01	-0.05	-0	-0.03
Basic Weighted Average Shares Outstanding	220M	257M	258M	320M	428M
Net EPS - Diluted	-0.05	-0.01	-0.05	-0	-0.03
Diluted EPS - Continuing Operations	-0.05	-0.01	-0.05	-0	-0.03
Diluted Weighted Average Shares Outstanding	220M	257M	258M	320M	428M
Normalized Basic EPS	-0.03	-0.02	-0.03	-0	-0.02
Normalized Diluted EPS	-0.03	-0.02	-0.03	-0	-0.02
American Depositary Receipts Ratio (ADR)	5	5	5	5	5
Supplemental Items
EBITDA	-11.54M	-13.06M	-8.85M	-10.95M	-13.34M
EBITA	-11.58M	-15.31M	-10.69M	-11.05M	-13.54M
EBIT	-11.58M	-15.8M	-10.94M	-11.27M	-14M
Effective Tax Rate - (Ratio)	-0.15	-1.45	-0.13	-162.5	-
Normalized Net Income	-6.57M	-4.54M	-7.71M	-260K	-7.07M
Interest on Long-Term Debt	17.83K	23.29K	14.51K	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	3.43M	2.37M	1.81M	2.59M	11.92M
Exploration/Drilling Costs	70.49K	26.37K	156K	81K	-
Stock-Based Comp., Other (Total)	1.94M	1.71M	1.28M	644K	1.97M
Total Stock-Based Compensation	1.94M	1.71M	1.28M	644K	1.97M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	21.35M	4.68M	4.55M	45.01M	46.38M
Short Term Investments	46K	46K	46K	-	-
Total Cash And Short Term Investments	21.39M	4.73M	4.6M	45.01M	46.38M
Accounts Receivable, Total	-	124K	-	-	-
Other Receivables	249K	240K	12.64K	72K	33.82M
Total Receivables	249K	364K	12.64K	72K	33.82M
Inventory	-	-	-	-	7.49M
Prepaid Expenses	1.48M	411K	285K	324K	647K
Restricted Cash	-	-	-	-	435K
Other Current Assets, Total	-	-	-	-	140M
Total Current Assets	23.12M	5.5M	4.89M	45.4M	228M
Gross Property Plant And Equipment	62.66M	95.39M	97.12M	112M	231M
Accumulated Depreciation	-76.24K	-2.33M	-4.17M	-3.45M	-3.42M
Net Property Plant And Equipment	62.59M	93.06M	92.94M	109M	227M
Long-term Investments	-	-	-	-	3.75M
Other Intangibles, Total	58.36K	24.8K	4.5K	-	-
Deferred Charges Long-Term	-	-	-	3.25M	3.25M
Other Long-Term Assets, Total	9.93M	16.47M	10.57M	16.51M	6.21M
Total Assets	95.7M	115M	108M	174M	469M
Liabilities
Accounts Payable, Total	2.77M	1.34M	252K	8.77M	25.93M
Accrued Expenses, Total	713K	165K	230K	750K	-
Current Portion of Leases	190K	209K	151K	143K	152K
Unearned Revenue Current, Total	-	-	-	-	33.65M
Other Current Liabilities	-	-	-	-	140M
Total Current Liabilities	3.67M	1.71M	634K	9.66M	199M
Long-Term Leases	296K	505K	314K	146K	1K
Unearned Revenue Non Current	-	27.19M	30.3M	34M	137M
Other Non Current Liabilities	3.37M	3.83M	3.96M	4.88M	9.12M
Total Liabilities	7.33M	33.23M	35.21M	48.69M	346M
Common Stock, Total	127M	129M	129M	193M	204M
Retained Earnings	-48.79M	-51.09M	-63.44M	-63.47M	-77.11M
Comprehensive Income and Other	9.95M	4.39M	7.84M	-4.17M	-3.78M
Total Common Equity	88.36M	81.83M	73.21M	125M	123M
Total Equity	88.36M	81.83M	73.21M	125M	123M
Total Liabilities And Equity	95.7M	115M	108M	174M	469M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	256M	258M	260M	426M	526M
ECS Total Common Shares Outstanding	254M	258M	259M	426M	436M
Book Value / Share	0.35	0.32	0.28	0.29	0.28
Tangible Book Value	88.3M	81.81M	73.21M	125M	123M
Tangible Book Value Per Share	0.35	0.32	0.28	0.29	0.28
Total Debt	485K	713K	465K	289K	153K
Net Debt	-20.91M	-4.01M	-4.13M	-44.72M	-46.22M
Equity Method Investments, Total	-	-	-	-	3.75M
Account Code - Inventory Valuation	3	3	3	3	6
Inventories - Raw Materials, Total	-	-	-	-	45K
Inventories - Work In Process, Total	-	-	-	-	6.42M
Inventories - Finished Goods, Total	-	-	-	-	1.02M
Land - (BS)	2.17K	2.17K	2.17K	-	-
Buildings, Total	3.84K	-	-	-	-
Machinery, Total	2.04M	29.91M	33.4M	41.43M	10.42M
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-10.53M	-2.3M	-12.36M	-21K	-13.64M
Depreciation & Amortization - CF	260K	2.47M	2.01M	242K	203K
Amortization of Goodwill and Intangible Assets - (CF)	-	490K	250K	220K	455K
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	260K	2.96M	2.26M	462K	658K
Amortization of Deferred Charges, Total - (CF)	33.56K	33.56K	20.3K	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-408K	-
Asset Writedown & Restructuring Costs	-	-	-	-	839K
(Income) Loss On Equity Investments - (CF)	-	-	-	-	115K
Stock-Based Compensation (CF)	1.94M	1.71M	1.28M	644K	1.97M
Other Operating Activities, Total	303K	2.21M	3.13M	-11.36M	123M
Change In Accounts Receivable	-	-251K	251K	-121K	-
Change In Inventories	-	-	-	-	-7.49M
Change In Accounts Payable	185K	-2.89M	-1.05M	195K	2.38M
Change in Other Net Operating Assets	-1.53M	-5.34M	6.13M	-1.41M	-20.15M
Cash from Operations	-9.33M	-3.87M	-331K	-12.03M	87.74M
Capital Expenditure	-5.86M	-31.6M	-1.95M	-4.47M	-90.23M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	785K	-	-	-	-3.86M
Other Investing Activities, Total	2.95M	-	-	-4.5M	-2.14M
Cash from Investing	-2.13M	-31.6M	-1.95M	-8.97M	-96.23M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-232K	-264K	-181K	-155K	-151K
Total Debt Repaid	-232K	-264K	-181K	-155K	-151K
Issuance of Common Stock	32.71M	1.15M	-	66.5M	10.86M
Other Financing Activities, Total	-1.51M	25M	-	-4.46M	-1.22M
Cash from Financing	30.97M	25.88M	-181K	61.89M	9.49M
Foreign Exchange Rate Adjustments	-762K	-7.08M	2.33M	-484K	369K
Net Change in Cash	18.74M	-16.67M	-129K	40.41M	1.37M
Supplemental Items
Levered Free Cash Flow	-11.1M	-37.8M	-5.76M	-1.47M	-88.28M
Unlevered Free Cash Flow	-11.1M	-37.8M	-5.76M	-1.47M	-88.28M
Change In Net Working Capital	229K	1.03M	540K	-8.94M	-8.07M
Net Debt Issued / Repaid	-232K	-264K	-181K	-155K	-151K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-8.63	-9.37	-6.12	-4.99	-2.72
Return on Total Capital	-9.34	-11.52	-8.76	-7.07	-7.04
Return On Equity %	-13.66	-2.71	-15.94	-0.02	-10.99
Return on Common Equity	-13.66	-2.71	-15.94	-0.02	-10.99
Short Term Liquidity
Current Ratio	6.3	3.22	7.72	4.7	1.15
Quick Ratio	5.9	2.98	7.27	4.67	0.4
Operating Cash Flow to Current Liabilities	-2.54	-2.26	-0.52	-1.25	0.44
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	0.55	0.87	0.64	0.23	0.12
Total Debt / Total Capital	0.55	0.86	0.63	0.23	0.12
LT Debt/Equity	0.33	0.62	0.43	0.12	0
Long-Term Debt / Total Capital	0.33	0.61	0.43	0.12	0
Total Liabilities / Total Assets	7.66	28.88	32.47	28.01	73.75
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-0.04	-0.06	-0.05	-0.03	-0.01
Net Debt / EBITDA	1.85	0.31	0.48	4.14	3.46
Total Debt / (EBITDA - Capex)	-0.03	-0.02	-0.04	-0.02	-0
Net Debt / (EBITDA - Capex)	1.22	0.09	0.39	2.93	0.45
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	51.94	15.99	-32.22	24.04	20.31
EBITA, 1 Yr. Growth %	52.21	35.46	-30.14	3.3	19.53
EBIT, 1 Yr. Growth %	52.21	36.36	-30.73	2.95	21.19
Earnings From Cont. Operations, 1 Yr. Growth %	17.75	-78.12	436.4	-99.83	64.86K
Net Income, 1 Yr. Growth %	17.75	-78.12	436.4	-99.83	64.86K
Normalized Net Income, 1 Yr. Growth %	17.57	-39.97	69.72	-96.63	141K
Diluted EPS Before Extra, 1 Yr. Growth %	-0.9	-81.24	433.02	-99.86	48.9K
Net Property, Plant and Equip., 1 Yr. Growth %	5.62	48.69	-0.12	16.88	109.11
Total Assets, 1 Yr. Growth %	32.61	20.24	-5.77	60.31	169.74
Tangible Book Value, 1 Yr. Growth %	34.43	-7.36	-10.51	70.9	-1.63
Common Equity, 1 Yr. Growth %	34.33	-7.39	-10.53	70.9	-1.63
Cash From Operations, 1 Yr. Growth %	-0.59	-58.59	-91.43	-703.82	-829.5
Capital Expenditures, 1 Yr. Growth %	53.78	438.99	-93.84	129.26	1.92K
Levered Free Cash Flow, 1 Yr. Growth %	47.26	249.46	-84.76	-74.56	5.27K
Unlevered Free Cash Flow, 1 Yr. Growth %	47.26	249.46	-84.76	-74.56	5.27K
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	27.35	31.1	-11.34	-8.42	22.93
EBITA, 2 Yr. CAGR %	27.22	41.82	-2.72	-15.05	12.54
EBIT, 2 Yr. CAGR %	27.22	44.07	-2.81	-15.55	13.1
Earnings From Cont. Operations, 2 Yr. CAGR %	13.21	-49.24	8.35	-90.45	5.08
Net Income, 2 Yr. CAGR %	13.21	-49.24	8.35	-90.45	5.08
Normalized Net Income, 2 Yr. CAGR %	13.12	-9.81	0.94	-76.08	-4.26
Diluted EPS Before Extra, 2 Yr. CAGR %	-9.83	-56.88	0.01	-91.49	-18.37
Net Property, Plant and Equip., 2 Yr. CAGR %	11.5	25.32	21.86	8.05	56.33
Total Assets, 2 Yr. CAGR %	13.47	26.27	6.44	22.9	107.94
Tangible Book Value, 2 Yr. CAGR %	11.43	11.59	-8.95	23.67	29.66
Common Equity, 2 Yr. CAGR %	11.35	11.53	-8.98	23.65	29.66
Cash From Operations, 2 Yr. CAGR %	28.27	-35.84	-81.16	76.39	563.69
Capital Expenditures, 2 Yr. CAGR %	30.37	187.9	-42.37	-62.41	580.59
Levered Free Cash Flow, 2 Yr. CAGR %	44.41	123.93	-27.03	-80.31	291.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	44.41	123.93	-27.03	-80.31	291.53
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	23.23	25.19	5.22	-0.92	0.72
EBITA, 3 Yr. CAGR %	23.05	31.75	12	-0.75	-4
EBIT, 3 Yr. CAGR %	23.05	33.15	12.87	-0.92	-3.95
Earnings From Cont. Operations, 3 Yr. CAGR %	17.22	-33.06	11.4	-87.41	80.93
Net Income, 3 Yr. CAGR %	17.22	-33.06	11.4	-87.41	80.93
Normalized Net Income, 3 Yr. CAGR %	17.17	-1.8	11.35	-67.49	15.87
Diluted EPS Before Extra, 3 Yr. CAGR %	-27.67	-45.36	-0.3	-88.92	52.58
Net Property, Plant and Equip., 3 Yr. CAGR %	10.08	25.51	16.19	20.18	34.65
Total Assets, 3 Yr. CAGR %	19.38	18.3	14.53	22.01	59.72
Tangible Book Value, 3 Yr. CAGR %	17.69	7.15	3.68	12.32	14.59
Common Equity, 3 Yr. CAGR %	17.6	7.09	3.63	12.29	14.57
Cash From Operations, 3 Yr. CAGR %	46.46	-10.01	-67.2	8.82	183.13
Capital Expenditures, 3 Yr. CAGR %	41.52	113.98	-20.06	-8.68	41.86
Levered Free Cash Flow, 3 Yr. CAGR %	64.31	96.56	-8.58	-48.64	32.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	64.31	96.56	-8.58	-48.64	32.67
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	128.97	25.66	8.41	11.83	11.92
EBITA, 5 Yr. CAGR %	129.11	29.72	12.41	11.9	12.22
EBIT, 5 Yr. CAGR %	129.11	30.54	12.93	12.34	12.96
Earnings From Cont. Operations, 5 Yr. CAGR %	97.37	-11.29	14.56	-68.91	8.82
Net Income, 5 Yr. CAGR %	97.37	-11.29	14.56	-68.91	8.82
Normalized Net Income, 5 Yr. CAGR %	111.42	11.63	14.53	-43.5	4.82
Diluted EPS Before Extra, 5 Yr. CAGR %	-2.81	-39.37	-16.95	-73.71	-7.96
Net Property, Plant and Equip., 5 Yr. CAGR %	445.16	472.7	15.63	19.66	30.83
Total Assets, 5 Yr. CAGR %	131.9	93.92	15	21.6	45.39
Tangible Book Value, 5 Yr. CAGR %	132.25	83.46	7.12	14.87	13.38
Common Equity, 5 Yr. CAGR %	132.28	83.47	7.06	14.83	13.35
Cash From Operations, 5 Yr. CAGR %	132.32	6.73	-34.97	19.24	56.35
Capital Expenditures, 5 Yr. CAGR %	352.76	539.63	-0.35	8.04	88.29
Levered Free Cash Flow, 5 Yr. CAGR %	89.49	102.13	19.15	-20.73	63.57
Unlevered Free Cash Flow, 5 Yr. CAGR %	92.05	102.13	19.15	-20.73	63.57