SEDAR Interim Financial Statements

[
  {
    "companyName": "Goldmoney Inc.",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 9207754,
      "clientCash": 72573209,
      "preciousMetals": 4652262,
      "receivables": 1194988,
      "prepaidAndOtherAssets": 1328675,
      "totalCurrentAssets": 88956888,
      "investmentProperties": 225351277,
      "investmentInAssociates": 12672473,
      "propertyAndEquipment": 680874,
      "intangibleAssets": 16219668,
      "totalNonCurrentAssets": 254924292,
      "totalAssets": 343881180,
      "accountsPayableAndAccruedLiabilities": 2962344,
      "clientCashDepositedInBanks": 72573209,
      "deferredRevenue": 3264374,
      "currentPortionOfMortgagesPayable": 2618140,
      "totalCurrentLiabilities": 81418067,
      "mortgagesPayable": 83377272,
      "totalNonCurrentLiabilities": 83377272,
      "totalLiabilities": 164795339,
      "shareCapital": 145129811,
      "contributedSurplus": 13580916,
      "accumulatedOtherComprehensiveIncome": 11452711,
      "retainedEarningsDeficit": 8922403,
      "totalEquity": 179085841,
      "totalEquityAndLiabilities": 343881180,
      "cashPerShare": 0.7262,
      "workingCapitalPerShare": 0.5946
    },
    "incomeStatement": {
      "preciousMetalRevenue": 102228521,
      "investmentPropertiesRentalIncome": 7892620,
      "interestIncome": 1177675,
      "totalRevenue": 111298816,
      "preciousMetalOperatingExpenses": 87896648,
      "investmentPropertiesOperatingExpenses": 915648,
      "totalOperatingExpenses": 88812296,
      "totalOperatingIncome": 22486520,
      "generalAndAdministrative": 2971458,
      "interestExpense": 2599092,
      "stockBasedCompensation": 2013574,
      "depreciationAndAmortization": 250132,
      "technologyAndDevelopmentCosts": 415823,
      "totalExpenses": 8250079,
      "gainOnRevaluationOfPreciousMetals": -2940829,
      "foreignExchangeGainLoss": 165633,
      "equityLossFromInvestments": 0,
      "gainLossOnFairValueOfDerivatives": 424440,
      "totalOtherIncomeExpenses": -2350756,
      "incomeLossBeforeIncomeTaxes": 16587197,
      "incomeTaxExpenseRecovery": 322106,
      "netIncomeLoss": 16265091,
      "otherComprehensiveIncome": 999702,
      "netIncomeAndComprehensiveIncome": 17264793,
      "basicEarningsPerShare": 1.28,
      "dilutedEarningsPerShare": 1.21,
      "weightedAverageSharesOutstandingBasic": 12679097,
      "weightedAverageSharesOutstandingDiluted": 13395764
    },
    "cashFlowStatement": {
      "operatingActivities": {
        "incomeLossBeforeIncomeTaxes": 16265091,
        "adjustments": {
          "stockBasedCompensation": 2013574,
          "depreciationAndAmortization": 250132,
          "unrealizedForeignExchangeGainLoss": 37338,
          "equityIncomeLossFromInvestments": 0,
          "gainOnRevaluationOfPreciousMetals": -2940829,
          "amortizationOfMortgageFees": 76349,
          "changeInFairValueOfDerivatives": 424440,
          "interestExpense": 2599092
        },
        "totalAdjustments": 18725187,
        "interestPaid": -3416449,
        "changesInOperatingAssetsAndLiabilities": {
          "preciousMetalSalesPurchases": 2846698,
          "receivables": -144103,
          "prepaidAndOtherAssets": -401477,
          "accountsPayableAndAccruedLiabilities": -1943708,
          "deferredRevenue": -191142
        },
        "netCashProvidedByOperatingActivities": 15475006
      },
      "investingActivities": {
        "acquisitionAndAdditionsToRealEstateProperty": -14459395,
        "purchaseOfPropertyAndEquipment": -46602,
        "investmentInAssociate": -4887,
        "netCashUsedInInvestingActivities": -14510884
      },
      "financingActivities": {
        "paymentOfMortgageLiability": -1291185,
        "goldmoneySharesRepurchases": -3169277,
        "netCashUsedInFinancingActivities": -4460462
      },
      "decreaseInCashAndCashEquivalents": -3496340,
      "cashAndCashEquivalentsBeginning": 12731028,
      "cashAndCashEquivalentsEnding": 9207754,
      "clientCashBeginning": 83314356,
      "clientCashEnding": 72573209
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Investment in Associate",
        "description": "Mene Inc. (TSXV: MENE) - 36.00% ownership in Class A and Class B shares",
        "ownershipPercentage": 36.00,
        "value": 12672473,
        "notes": "Investment in a company that crafts 24-karat gold and platinum investment jewelry."
      },
      {
        "type": "Investment Properties",
        "description": "Real estate properties in the UK held for long-term income",
        "ownershipPercentage": 100,
        "value": 225351277,
        "notes": "Portfolio of 11 properties with total area 613,085 sq ft. Valued using income capitalization approach (Level 3 fair value)."
      },
      {
        "type": "Notes Receivable",
        "description": "Loan receivable from associate (Mene Inc.)",
        "ownershipPercentage": null,
        "value": 648327,
        "notes": "Included in prepaid and other assets."
      }
    ],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 12677162,
      "classesOfShares": ["Common shares"],
      "warrants": [],
      "options": [
        {
          "number": 494500,
          "exercisePrice": 8.73,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "sixMonthsEndedSep302025": {
          "salariesKeyManagement": 902492,
          "feesDirectors": 224500,
          "stockBasedCompensationKeyManagement": 2013575,
          "total": 3140567
        },
        "sixMonthsEndedSep302024": {
          "salariesKeyManagement": 705934,
          "feesDirectors": 224500,
          "stockBasedCompensationKeyManagement": 1590759,
          "stockBasedCompensationDirectors": 168519,
          "total": 2692712
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Mene Inc. (associate)",
          "description": "Notes receivable",
          "amount": 648327,
          "period": "As at September 30, 2025"
        }
      ]
    },
    "subsequentEvents": []
  }
]