SEDAR Interim Financial Statements

GOLDMONEY INC. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025 (EXPRESSED IN CANADIAN DOLLARS) (UNAUDITED) 2 GOLDMONEY INC. NOTICE OF NO AUDITOR REVIEW OF CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS Under National Instrument 51-102, Part 4, subsection 4.3(3) (a), if an auditor has not performed a review of the condensed consolidated interim financial statements, they must be accompanied by a notice indicating that the financial statements have not been reviewed by an auditor. The accompanying condensed consolidated interim financial statements of Goldmoney Inc. (the “Company”) have been prepared by and are the responsibility of the Company's management. The Company's independent auditor has not performed a review of these condensed consolidated interim financial statements. 3 Approved on behalf of the Board: "Roy Sebag", Director "James Turk", Director Goldmoney Inc. Consolidated Statements of Financial Position (Expressed in Canadian Dollars) Mar 31, Note 2025 (Unaudited) (Audited) Assets Current assets Cash and cash equivalents 13,397,949 $ 12,731,028 $ Client cash 4 91,551,095 83,314,356 Precious metals 5 1,720,007 4,558,131 Receivables 6 1,850,287 1,050,885 Prepaid and other assets 7 1,526,031 1,176,675 110,045,369 102,831,075 Non-current assets Investment properties 8 244,201,700 209,313,742 Investment in associates 9 12,654,903 12,667,586 Property and equipment 10 657,543 676,272 Intangible assets 11 16,212,827 16,427,447 273,726,973 239,085,047 Total Assets 383,772,342 $ 341,916,122 $ Equity and Liabilities Liabilities Current liabilities Accounts payable and accrued liabilities 12 3,030,187 $ 5,548,446 $ Client cash deposited in banks 4 91,551,095 83,314,356 Deferred revenue 13 3,212,316 3,455,516 Current portion of mortgages payable 14 2,579,920 2,512,616 100,373,518 94,830,934 Non-current liabilities Mortgages payable 14 90,454,375 84,108,437 Total liabilities 190,827,893 178,939,371 Equity Share capital 15 142,588,949 147,105,444 Contributed surplus 16 14,168,109 12,760,986 Accumulated other comprehensive income 9,415,167 10,453,009 Retained earnings (deficit) 26,772,224 (7,342,688) Total equity 192,944,449 162,976,751 Total Equity and Liabilities 383,772,342 $ 341,916,122 $ The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements Dec 31, 2025 4 Goldmoney Inc. Consolidated Statements of Operations and Comprehensive Income (Expressed in Canadian Dollars) Unaudited Note Dec 31, 2025 Dec 31, 2024 Dec 31, 2025 Dec 31, 2024 Precious metal revenue 58,231,673 $ 15,439,846 $ 160,460,194 $ 50,768,019 $ Investment properties rental income 3,764,443 3,487,404 11,657,063 9,360,530 Interest income 679,779 581,509 1,857,454 1,870,813 Total revenue 62,675,895 19,508,759 173,974,711 61,999,362 Precious metal operating expenses 17 38,201,269 12,139,293 126,097,917 38,432,837 Investment properties operating expenses 568,641 383,604 1,484,289 746,888 Total operating expenses 38,769,910 12,522,897 127,582,206 39,179,725 Total operating income 23,905,985 6,985,862 46,392,505 22,819,637 Expenses General and administrative 1,227,985 1,348,522 4,199,443 3,531,458 Interest expense 14 1,284,381 1,247,778 3,883,473 2,646,323 Stock-based compensation 16 587,193 1,319,970 2,600,767 3,079,248 Depreciation and amortization 30,561 191,823 280,693 574,999 Technology and development costs 148,836 146,926 564,659 546,010 3,278,956 4,255,0 --- 19 11,529,035 10,378,038 Other (income) expenses (Gain) loss on revaluation of precious metals 2,321,204 (607,275) (619,625) (840,510) Foreign exchange loss 329,742 177,896 495,375 136,149 Equity loss from investments 9 - - - 7,975,813 (Gain) loss on fair value of derivatives 292,966 (99,671) 717,406 (190,991) Loss on sale of marketable securities 52,676 - 52,676 2,996,588 (529,050) 645,832 7,080,461 17,630,441 3,259,893 34,217,638 5,361,138 Income tax expense (recovery) (219,380) 368,424 102,726 1,234,097 17,849,821 $ 2,891,469 $ 34,114,912 $ 4,127,041 $ Other comprehensive income (loss) Item that will be reclassified subsequently to income Unrealized gain (loss) on foreign currency translation (2,037,544) (263,070) (1,037,842) 5,370,094 (2,037,544) (263,070) (1,037,842) 5,370,094 15,812,277 $ 2,628,399 $ 33,077,070 $ 9,497,135 $ Attributable to: Equity holders 17,849,821 $ 2,891,469 $ 34,114,912 $ 4,127,041 $ Basic and diluted earnings (loss) per share 18 Basic 1.42 $ 0.22 $ 2.70 $ 0.31 $ Diluted 1.35 $ 0.22 $ 2.56 $ 0.31 $ Weighted average number of common shares 18 Basic 12,540,353 13,183,445 12,632,681 13,150,569 Diluted 13,257,019 13,190,383 13,349,347 13,157,506 The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements Other comprehensive income (loss) for the period Net income and comprehensive income for the period Net income for the period For the three months ended For the nine months ended Income before income taxes 5 Goldmoney Inc. Consolidated Statements of Cash Flows (Expressed in Canadian Dollars) Unaudited Dec 31, 2025 Dec 31, 2024 Dec 31, 2025 Dec 31, 2024 Cash provided by (used in): Operating Activities Income before income taxes 17,849,821 $ 2,891,469 $ 34,114,912 $ 4,127,041 $ Adjustment for: Loss on sale of marketable securities 52,676 - 52,676 - Stock-based compensation 587,193 1,319,970 2,600,767 3,079,248 Depreciation and amortization 30,562 191,823 280,694 574,999 Unrealized foreign exchange (gain) loss 164,291 (173,819) 201,629 (277,447) Equity (income) loss from investments - - - 7,975,813 (Gain) loss on revaluation of precious metals 2,321,204 (607,275) (619,625) (840,510) Amortization of mortgate fees 40,979 467,827 117,328 532,545 Change in fair value of derivatives 292,966 - 717,406 - Interest expense 1,284,381 1,247,778 3,883,473 2,646,323 22,624,073 5,337,773 41,349,260 17,818,012 Interest paid (1,268,545) (924,703) (4,684,994) (2,395,557) Changes in operating assets and liabilities: Precious metal inventory 611,051 1,317,868 3,457,749 306,268 Receivables (655,299) 302 (799,402) 472,894 Prepaid and other assets (197,356) (240,883) (598,833) (514,113) Accounts payable and accrued liabilities (293,635) 762,420 (2,237,343) 1,958,535 Deferred revenue (52,058) (1,016,473) (243,200) - Net cash provided by operating activities 20,768,231 5,236,304 36,243,237 17,646,039 Investing Activities Proceeds from sale of investment in associate 17,570 - 17,570 - Acquistion of and additions to real estate property (22,175,594) (49,640,718) (36,634,989) (63,395,075) Purchase of property and equipment (1,103) (2,462) (47,705) (4,646) Investment in associate - - (4,887) - Net cash used in investing activities (22,159,127) (49,643,180) (36,670,011) (63,399,721) Financing Activities Payment of mortgage liability (654,150) (39,168,990) (1,945,335) (41,357,765) Proceeds from mortgage 8,925,768 83,994,233 8,925,768 83,994,233 Goldmoney shares repurchases (2,540,862) (488,1 --- 91) (5,710,139) (1,267,737) Net cash provided by financing activities 5,730,756 44,337,052 1,270,294 41,368,731 (Decrease) increase in cash and cash equivalents 4,339,860 (69,824) 843,520 (4,384,951) Change in client cash deposited in banks 18,977,886 3,880,072 8,236,739 12,712,971 Change in cash related to foreign exchange (149,665) 294,981 (176,599) 367,080 Cash and cash equivalents, beginning of period 9,207,754 9,083,294 12,731,028 13,326,322 Client cash, beginning of period 72,573,209 67,446,073 83,314,356 58,613,174 104,949,044 $ 80,634,596 $ 104,949,044 $ 80,634,596 $ Cash and cash equivalents, end of period 13,397,949 $ 9,308,451 $ 13,397,949 $ 9,308,451 $ Client cash, end of period 91,551,095 71,326,145 91,551,095 71,326,145 104,949,044 $ 80,634,596 $ 104,949,044 $ 80,634,596 $ The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements For the three months ended For the nine months ended 6 Goldmoney Inc. Consolidated Statements of Changes in Equity (Expressed in Canadian Dollars) Unaudited Number of Shares Share Capital Contributed surplus Accumulated Other Comprehensive Income Retained earnings (deficit) Total equity Balance, Mar 31, 2025 12,925,350 147,105,444 $ 12,760,986 $ 10,453,009 $ (7,342,688) $ 162,976,751 $ Net income for the period - - - - 34,114,912 34,114,912 Other comprehensive loss for the period - - - (1,037,842) - (1,037,842) Exercise of RSUs 135,112 1,193,644 (1,193,644) - - - Goldmoney share repurchase (606,000) (5,710,139) - - - (5,710,139) Stock based compensation - - 2,600,767 - - 2,600,767 Balance, Dec 31, 2025 12,454,462 142,588,949 $ 14,168,109 $ 9,415,167 $ 26,772,224 $ 192,944,449 $ Balance, Mar 31, 2024 13,137,250 149,169,248 $ 12,407,868 $ 1,513,000 $ (21,912,259) $ 141,177,857 $ Net income for the period - - - - 4,127,041 4,127,041 Other comprehensive gain for the period - - - 5,370,094 - 5,370,094 Exercise of RSUs 357,900 2,726,130 (2,726,130) - - - Goldmoney share repurchase (146,700) (1,267,737) - - - (1,267,737) Stock based compensation - - 3,079,248 - - 3,079,248 Balance, Dec 31, 2024 13,348,450 150,627,641 $ 12,760,986 $ 6,883,094 $ (17,785,218) $ 152,486,503 $ The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 7 1. Nature and description of company Goldmoney Inc. ("GMI", “Group” or the "Company") was formed under the laws of Canada in 2014. The Company redomiciled to the British Virgin Islands on September 20, 2024. The principal office of the Company is located at Kingston Chambers PO Box 173, Road Town, Tortola, British Virgin Islands. The Company is listed on the Toronto Stock Exchange ("TSX") under the symbol XAU. The Company’s operations and principal activities are conducted through its two wholly owned business segments: • Goldmoney.com – Goldmoney.com is an online platform that provides clients with access to their Holding to purchase and sell physical precious metals and arrange for their custody and storage. Goldmoney.com clients located in over 100 countries hold over $4.3 billion in precious metal and fiat currency assets. • Goldmoney Properties Limited - Goldmoney Properties Limited (“Goldmoney Properties”) is a United Kingdom based entity established to acquire long-life p --- roperty assets with long-term income streams as well as mixed-use assets with income from rental contracts generally less than five years. As of December 31, 2025, Goldmoney Properties owns eleven properties totaling 627,163 sq. ft. gross internal area with annual contracted net rental income of £8.0 million ($14.8 million). In addition to the Company’s principal business segments, the Company holds a 35.97% interest in Mene Inc. (TSXV: MENE), which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight. Mene designs, manufactures, and offers its jewelry through a transparent pricing and e-commerce platform. Through Mene.com, clients can buy, sell, and exchange their jewelry by weight at the prevailing market prices for gold and platinum, plus a transparent design and manufacturing premium. The Company’s principal operating subsidiaries are: • Goldmoney Services BVI Inc., which is incorporated in the British Virgin Islands, owns the technology and intellectual property that operates the Goldmoney.com platform on behalf of the Company’s client facing subsidiaries. • Goldmoney Vault Inc., which is incorporated in Canada, is a client facing subsidiary which maintains client agreements and related records and provides market-based quotes to enable clients to buy and sell precious metals and, as an agent for clients, contracts with independent non- bank precious metal vault custodians in seven countries to provide insured physical storage of gold under LBMA and COMEX standards. Goldmoney Vault Inc. currently maintains contracts with The Brink’s Company (NYSE: BCO), Loomis International (NASDAQ OMX: LOOM), and The Royal Canadian Mint. Goldmoney Vault Inc. is a reporting entity to FINTRAC. • Goldmoney Vault (UK) Limited is a client facing subsidiary which maintains client agreements and assists with servicing clients. • Lend and Borrow Trust Limited, which is incorporated in the United Kingdom (“UK”), is the holding company for Goldmoney Vault (UK) Limited. • Goldmoney Properties Limited, which is incorporated in the UK, is the holding company for the UK subsidiaries that own real estate in the UK. Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 8 2. Material accounting policies Statement of Compliance These unaudited condensed consolidated interim financial statements ("interim financial statements") have been prepared in accordance with IFRS Accounting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”) and interpretations issued by the International Financial Reporting Interpretations Committee (“IFRIC”). These interim financial statements were prepared in accordance with International Accounting Standard 34, Interim Financial Reporting and do not include all information required for full annual financial statements. These interim financial statements should be read in conjunction with the Company’s annual consolidated financial statements for the year ended March 31, 2025. These interim financial statements were approved for issuance by the Board of Directors on February 4, 2026. Basis of consolidation The interim financial statements incorporate the financial statements of the Company and its subsidiaries, Goldmoney Vault Inc., Goldmoney Vault (UK) Ltd., Goldmoney Canada Inc., Goldmoney Properties Limited, Goldmoney USA Limited, Goldm --- oney Vault (USA) Inc., Goldmoney Services BVI Inc. and Lend & Borrow Trust Company Ltd. A change in the ownership interest of a subsidiary resulting in a loss of control results in the de-recognition of the subsidiary’s assets and liabilities as well as any associated non-controlling interest. Any surplus or deficit on the loss of control is recognized in the consolidated statement of operations and comprehensive income. The results of subsidiaries acquired during the periods presented are included in the consolidated statement of operations from the effective date of acquisition. All intercompany transactions, balances, income, and expenses are eliminated on consolidation. Basis of measurement These interim financial statements have been prepared on an historical cost basis except for precious metals, and investment properties, which are recorded at fair value. Use of estimates and assumptions The preparation of these interim financial statements requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. Actual outcomes could differ from these estimates. These interim financial statements include estimates that, by their nature, are uncertain. Key areas of estimation uncertainty include those relating to impairment of non-financial assets with finite lives, valuation of options, fair value of investment properties (note 8), and intangible assets (note 11). The impacts of such estimates are pervasive throughout the interim financial statements and may require accounting adjustments based on future occurrences. Revisions to accounting estimates are recognized in the period in which the estimate is revised and future periods if the revision Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 9 affects both current and future periods. These estimates are based on historical experience, current and future economic conditions and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Information about assumptions and estimate uncertainties relating to material estimations in these financial statements is included in the following notes: • Impairment of indefinite life intangible assets – impairment tests are completed using the higher of fair value less costs of disposal, where available, and value-in-use calculations, determined using management’s best estimates of future cash flows, terminal growth rates and appropriate discount rates (note 11). • Valuation of investment properties - The Company utilizes the income capitalization method for the appraisal of its investment properties. Under this method, forecasted cash flows, based upon contractual and current market derived estimated rental values are discounted at market derived capitalization rates to estimate fair value. The capitalization rate reflects, among others, the age, location, quality, income security and other market comparable transactions. The critical assumptions relating to the Company’s estimates of fair value of investment properties include a capitalization rate that reflects current market uncertainties. Current regulatory and macroeconomic developments have impacted the overall marke --- t activity, resulting in a level of uncertainty in market metrics such as capitalization rates. As such, the fair value of the Company's real estate portfolio is subject to significant change, and such changes may be material. Refer to note 8 for further information on the estimates and assumptions made by management. Standards issued but not yet adopted The IASB has issued new standards and amendments to existing standards. These updates are not mandatory for the reporting period ending December 31, 2025, and have not been adopted early by the Company. Furthermore, neither the new standards nor the amendments affect the Company's current activities or transactions. 3. Financial instruments at fair value Financial instruments recorded at fair value on the consolidated statement of financial position are classified using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy has the following levels: • Level 1 valuation based on quoted prices (unadjusted) in active markets for identical assets or liabilities. • Level 2 valuation techniques based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and • Level 3 valuation techniques using inputs for the asset or liability that are not based on observable market data (unobservable inputs). The Company’s activities expose it to a variety of financial risks: credit risk, liquidity risk and market risk (including interest rate, foreign currency, and price risks). Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 10 Risk management is carried out by the Company's management team with guidance from the Audit and Risk Committee under policies approved by the Board of Directors. The Board of Directors also provides regular guidance for overall risk management. Credit Risk: Credit risk is the risk of financial loss to the Company if a counterparty to a financial instrument fails to meet its contractual obligation. The Company’s credit risk is primarily attributable to cash and cash equivalents and leases. The Company has no significant concentration of credit risk arising from operations. Cash and cash equivalents and client cash are held with reputable institutions, from which management believes the risk of loss to be remote. The maximum exposure to credit risk is the carrying value of cash and cash equivalents and client cash. The Company's current policy is to invest excess cash in precious metals and investment grade short-term certificates of deposits issued by banking institutions. The Company periodically monitors the investments it makes and the credit ratings of its banks to ensure they are acceptable. Liquidity Risk: Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The Company’s liquidity risk is subject to extensive risk management controls and is managed within the framework of policies and limits approved by the Board. Senior management provides the Board with reports on risk exposures and performance against approved limits. As at December 31, 2025, the Company held cash and cash equivalents and pre --- cious metals of $15,117,956 (March 31, 2025: $17,289,159) to settle current liabilities excluding client cash deposited in banks and deferred revenues of $5,610,107 (March 31, 2025: $8,061,062). See note 14 for contractual cash flows related to the mortgage payable. Market Risk: Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of financial assets or financial liabilities will fluctuate due to changes in market interest rates. As at December 31, 2025, $93,034,295 (March 31, 2025: $86,621,053) of mortgages payable bear interest at a floating interest rate based on SONIA. The Company has entered into derivative contracts to fix the interest rate on $36,856,000 (£20,000,000) (March 31, 2025: $37,142,000 (£20,000,000)) of the mortgage payable (see note 14). The Company manages its sensitivity to interest rate fluctuations by entering into interest rate swaps. For every 25 basis points increase in interest rates, with all other variables constant, the contribution to the Company’s net income and comprehensive income would be $140,000 (March 31, 2025: $124,000). Financial Liabilities On demand < 1 Year 1 – 2 Years 2 – 5 Years > 5 Years Total Accounts payable and accrued liabilities - $ 3,030,187 $ - $ - $ - $ 3,030,187 $ Client cash deposited in banks 91,551,095 - - - - 91,551,095 $ Mortgages payable - 2,579,920 5,159,840 5,159,840 80,928,405 93,828,005 $ Total 91,551,095 $ 5,610,107 $ 5,159,840 $ 5,159,840 $ 80,928,405 $ 188,409,287 $ Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 11 Foreign currency risk The entities comprising the group have functional currencies that are the Canadian dollar, U.S. dollar and British pound. The Company's reporting currency is the Canadian dollar. Major purchases are transacted in Canadian dollars, U.S. dollars, British pounds, and euros. The Company also transacts with the sale and purchase of nine different currencies for precious metals and is exposed to foreign exchange risk associated with these transactions. The Company holds financial instruments denominated in U.S. dollars, euros and British pounds. The Company uses its in-house foreign exchange team to manage foreign exchange transaction exposures, by shifting exposure to certain currencies in line with management directives. The Company is mainly affected by changes in exchange rates between the Canadian dollar and these foreign currencies. Price risk The Company is exposed to price risk with respect to the price of gold, silver, platinum, and palladium held as assets. Commodity price risk is defined as the potential adverse impact on earnings and economic value due to their price movements and volatility. The Company closely monitors prices of precious metals. The Company is exposed to market price risk with respect to its real estate investments. Fluctuations in market conditions, such as changes in demand, interest rates, economic factors, and regional market dynamics, may lead to variations in the value of its real estate holdings. As a result, changes in these market forces could have a significant impact on the fair value of the Company’s real estate investments, and consequently, its financial position and performance. The Company continuously monitors market trends and evaluates its investment strategies to mitigate these risks. Sensitivity analysis Based on --- management's knowledge of and experience with the financial markets, the Company believes the following movements are "reasonably possible": (i) The Company's precious metal assets amounting to $1,720,007 (March 31, 2025: $4,558,131) are subject to fair value fluctuations. As at December 31, 2025, if the fair value of these assets had decreased/increased by 5% with all other variables held constant, net income, comprehensive income and equity for the period ended December 31, 2025, would have been approximately $86,000 (March 31, 2025: $227,907) higher/lower. (ii) The Company is exposed to foreign currency risk on fluctuations of financial instruments related to cash and cash equivalents, marketable securities, precious metals, and accounts payable and accrued liabilities. Financial instruments are denominated in U.S. dollars, euros and British pounds. As at December 31, 2025, net income and comprehensive income would have been approximately $8,025,000 (March 31, 2025: $6,589,000) higher/lower, had the Canadian dollar weakened/strengthened by 5%, as a result of foreign exchange gains/losses on translation of U.S. dollar, euros and British pound denominated financial instruments related to cash and cash equivalents and accounts payable and accrued liabilities. Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 12 4. Client assets All client assets, with the exception of client cash, are held off-balance sheet. Client Cash Management exercised significant judgment in determining the accounting treatment of client cash. Client cash balances arise in between precious metal purchase and sale transactions and deposit and withdrawal funding activity on the Goldmoney platform. Although client cash is contractually restricted, segregated from the Company’s operating funds, and not available for use in the Company’s operations, these balances are held in bank accounts under standard banking contracts in the Company’s name. Under these arrangements, the Company is not acting in an agency relationship with respect to client cash. The Company is the legal and beneficial owner of the accounts and retains full contractual control over the cash balances. The Company has a contractual right to receive cash from the financial institution and may obtain ancillary economic benefits as it is not a deposit-taking institution and is not permitted to pass on any interest it may receive on client cash balances. The Client Agreement protects the clients’ rights to client cash in their client holdings in the event of the Company’s insolvency or bankruptcy. As the bank accounts are not established as trust or custodial accounts, in the event of the Company’s insolvency, the cash balances may be subject to claims by the Company’s creditors. Management concluded that the Company’s contractual rights, beneficial ownership, exposure to the effects of the Company’s insolvency, and ability to obtain economic benefits meet the definition of an asset under IFRS. Accordingly, client cash is recognized on the statement of financial position, with a corresponding liability to client cash deposited in banks for the same amount. This judgment significantly affects recognition because, absent these contractual rights and economic benefits, the Company would not record client cash on its balance sheet. At December 31, 2025, client cash of $9 --- 1,551,095 (March 31, 2025: $83,314,356) is presented as an asset, with an equal amount recorded as client cash deposited in banks. Client Precious Metals Management also exercised significant judgment in determining that client precious metals do not meet the definition of an asset of the Company. Precious metals are stored at independent vault custodians in accounts opened in the Company’s name as agent for its clients. Consistent with the Company’s Client Agreement, clients retain beneficial ownership of the precious metals, which is evidenced through the Company’s internal Holding records. In addition, the Client Agreement contains language intended to mitigate the effect of the Company’s insolvency or bankruptcy on clients’ rights with respect to the client’s purchased metals and recorded in client holdings. The Company does not control the use or disposition of the precious metals, does not bear price risk and does not obtain economic benefits arising from the changes in their value. The Client Agreement provides that the effects of the Company’s insolvency or bankruptcy does not affect clients’ rights to their purchased metal recorded in client holdings. Management concluded that, due to the agency relationship, the absence of beneficial ownership, the lack of exposure to the effects of the Company’s insolvency, and the absence of economic benefits beyond service fees, client precious metals do not meet the definition of an asset under IFRS. As a result, client precious metals are not recognized on the Company’s statement of financial position. This judgment significantly affects recognition because it results in an off-balance-sheet presentation despite the metals being stored in accounts in the Company’s name as agent. Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 13 5. Precious metals Precious metals consist of bullion bars owned by the Company that are separate from client assets (note 4). Precious metals are classified as level 1 in the fair value hierarchy, as their value is obtained using unadjusted quoted prices from primary market sources. 6. Receivables Receivables consist primarily of precious metal customer transactions in progress at the period end which are generally settled shortly thereafter. The following is a summary of receivables as of December 31, 2025, and March 31, 2025: Quantity Fair Value Quantity Fair Value Client cash 91,551,095 $ 83,314,356 $ Gold grams 11,920,671 2,272,795,047 13,034,705 1,878,692,075 Silver ounces 19,475,799 1,905,122,662 20,756,457 1,011,877,301 Platinum grams 498,024 44,896,834 575,445 26,528,011 Palladium grams 83,486 5,934,197 92,696 4,223,239 Total client precious metals 4,228,748,740 2,921,320,626 Total client assets 4,320,299,835 $ 3,004,634,982 $ Dec 31, 2025 Mar 31, 2025 Quantity Fair Value Quantity Fair Value Gold grams 4,775 910,668 $ 26,012 3,745,041 $ Silver ounces 2,361 233,830 6,836 334,708 Platinum grams 4,431 385,890 5,444 244,432 Palladium grams 2,694 189,619 5,148 233,950 Total precious metals 1,720,007 $ 4,558,131 $ Dec 31, 2025 Mar 31, 2025 As at As at Mar 31, 2025 Receivables 1,396,273 $ 854,089 $ Rent receivables 168,882 120,906 Receivable from associate 23,126 14,448 Taxes recoverable 262,006 61,442 Total 1,850,287 $ 1,050,885 $ Dec 31, 2025 Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Th --- ree and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 14 7. Prepaid and other assets The following is a summary of prepaid and other assets as of December 31, 2025, and March 31, 2025: 8. Investment properties The following is a summary of real estate property as at December 31, 2025. During the 9-month period ending December 31, 2025, the Company acquired additional investment properties around the core Clarendon Estate in Oxford for £15.8 million (approximately CAD $29.2 million). During the fiscal year ending March 31, 2025, the Company completed the following significant commercial property acquisitions: Clarendon Estate, Oxford On December 10, 2024, Goldmoney Properties acquired the Clarendon Estate in the city of Oxford, United Kingdom. The asset is comprised of nearly 2.5 acres of freehold land and buildings with a total gross internal area of 172,377 square feet. Goldmoney Properties acquired the building for consideration of £26.7 million (approximately CAD $48.5 million), including all closing costs. In connection with this acquisition, Goldmoney Properties has entered into a new financing agreement. See Note 14. As at As at Mar 31, 2025 Prepaid assets 354,121 $ 213,605 $ Insurance 131,475 72,320 Notes receivable 648,840 641,273 Deposit 391,595 - Interest rate swap - 249,477 Total 1,526,031 $ 1,176,675 $ Dec 31, 2025 As at As at Dec 31, 2025 Mar 31, 2025 Balance, Beginning 209,313,742 $ 129,358,777 $ Additions: Acquisitions 29,247,537 63,724,632 Capital expenditures 7,387,452 311,215 Foreign currency translation (1,747,031) 13,548,258 Fair value gain (loss) on investment properties - 2,370,860 Balance, Ending 244,201,700 $ 209,313,742 $ Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 15 Other acquisitions During the fiscal year ending March 31, 2025, the Company also acquired £8.7 million (approximately CAD $15.2 million) of other investment properties. Property Valuation As at December 31, 2025, the Company measured investment properties at a fair value of $244,201,700 (March 31, 2025: $209,313,742). As at December 31, 2025, the fair value of investment properties was determined internally by management, using the income capitalization approach, based on the same methodology and assumptions applied by the external independent property appraiser at March 31, 2025. No external independent valuation was obtained during the period ended December 31, 2025. Management has the appropriate qualifications and experience to carry out these valuations and believes the inputs and assumptions used reflect market conditions as at December 31, 2025. As at March 31, 2025, the fair value was determined by an external independent property appraiser, having appropriate recognized professional qualifications and recent experience in the location and category of the property being valued. Management assesses the evidence obtained from the external independent property appraiser to support the conclusion that such valuations meet the requirements of IFRS. The categorization of investment properties within the fair value hierarchy is Level 3 based on the significant inputs comprising its fair value for which there is not an observable market price. As at December 31, 2025, using the income capitalization approach, the investment properties were value --- d using capitalization rates in the range of 5.50% to 11.50% (March 31, 2025: 5.50% to 11.50%), resulting in an overall weighted average capitalization rate of 6.82% (March 31, 2025: 6.82%). Fair values are sensitive to changes in capitalization rates. Generally, an increase in net operating income will result in an increase in the fair value of the real estate properties. Further, an increase in capitalization rates will result in a decrease in the fair value of the properties. A decrease in capitalization rates will result in an increase in the fair value of the properties. For example, if the weighted average capitalization rate were to increase or decrease by 25 basis points (assuming no change to net operating income), the fair value of the real estate properties as at December 31, 2025 would decrease by $8,635,000 (March 31, 2025: $7,401,000), or increase by $9,292,000 (March 31, 2025: $7,965,000) respectively. Under the terms of contracted lease agreements, which provide for periodic increases, the following table shows the range of undiscounted lease payments that would be received assuming 1% and 3% compounded rent increases based on a constant GBP to CAD rate of 1.8428. Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 16 9. Investment in associate At December 31, 2025, the Company’s ownership in Mene Inc. was 93,785,967 shares or 35.97% (March 31, 2025: 93,833,967 or 36.05%) consisting of 81,526,965 or 54.43% of Class B shares (March 31, 2025: 81,574,965 or 54.40%) and 12,259,002 or 11.11% of Class A shares (March 31, 2025: 12,259,002 or 11.11%). The share price was $0.15 (March 31, 2025: $0.14). Fiscal year ending 1% 3% 1% 3% 2026 3,216,763 $ 3,265,650 $ 11,382,158 $ 11,455,544 $ 2027 12,926,966 13,207,547 11,452,528 11,668,856 2028 13,050,688 13,496,528 11,523,602 11,888,568 2029 13,309,447 14,308,263 11,595,387 12,114,871 2030 to 2042 128,332,745 152,300,696 125,691,057 150,452,521 Total 170,836,609 $ 196,578,684 $ 171,644,732 $ 197,580,360 $ Dec 31, 2025 As at As at Mar 31, 2025 Mene Inc Balance, March 31, 2024 20,643,399 $ Share of operations and comprehensive loss - Write down investment in associates and share of operations and comprehensive loss (7,975,813) Balance, March 31, 2025 12,667,586 $ Mene Inc share purchases 4,887 Sale of Mene Inc shares (17,570) Write down investment in associates and share of operations and comprehensive loss - Balance, December 31, 2025 12,654,903 $ Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 17 10. Property and equipment Cost Computer Equipment Office Equipment & Furniture Land & Building Total Balance, March 31, 2024 477,571 $ 254,417 $ 504,550 $ 1,236,538 $ Additions 8,985 - - 8,985 Disposals (8,403) - - (8,403) Balance, March 31, 2025 478,153 254,417 504,550 1,237,120 Additions 4,401 43,304 - 47,705 Foreign exchange (53) (329) - (382) Balance, December 31, 2025 482,501 $ 297,392 $ 504,550 $ 1,284,443 $ Accumulated Depreciation Balance, March 31, 2024 157,709 $ 190,408 $ 121,433 $ 469,550 $ Disposals - (8,403) - (8,403) Depreciation 66,130 13,401 20,166 99,697 Foreign exchange - 4 - 4 Balance, March 31, 2025 223,839 195,410 141,599 560,848 Depreciation 40,743 10,205 15,125 66,073 Foreign exchange (8) (1 --- 3) - (20) Balance, December 31, 2025 264,574 $ 205,602 $ 156,724 $ 626,901 $ Carrying Value Balance, March 31, 2025 254,314 $ 59,007 $ 362,951 $ 676,272 $ Balance, December 31, 2025 217,927 $ 91,790 $ 347,826 $ 657,543 $ Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 18 11. Intangible assets Customer Relationships, Software and Patents intangible assets have a finite life and are amortized over 10 and 20 years respectively. For intangible assets with a finite life, the Company assessed potential indicators of impairment as at December 31, 2025, and determined there are no indicators of impairment. The Company has determined that the remaining brand intangible assets have an indefinite life. Value is based on the brand’s long history and the continued investments made to support the brand so it remains a key contributor to the on-going success of the business. Because an indefinite intangible asset is not amortized, an impairment test was performed as at March 31, 2025. For the year ended March 31, 2025, the recoverable amount for Brand intangibles was determined by preparing the discounted cash flow analysis using expected future cash flows for six years discounted at 20% (March 31, 2024: 20%) and terminal growth rate of 2% (March 31, 2024: 2%). It was determined that the recoverable amount for brand intangibles related to the Goldmoney business unit was greater than the carrying value at that time and therefore no impairment was deemed necessary. 12. Accounts payable and accrued liabilities The following is a summary of accounts payable and accrued liabilities as at December 31, 2025 and March 31, 2025: Customer Cost Relationships Brand Software Patents Total Balance, March 31, 2024 6,400,000 $ 16,494,599 $ 937,786 $ 120,337 $ 23,952,722 $ Balance, March 31, 2025 6,400,000 16,494,599 937,786 120,337 23,952,722 Balance, December 31, 2025 6,400,000 $ 16,494,599 $ 937,786 $ 120,337 $ 23,952,722 $ Accumulated amortization Balance, March 31, 2024 5,565,902 $ 394,599 $ 838,664 $ 58,747 $ 6,857,912 $ Amortization 640,000 - 19,824 7,539 667,363 Balance, March 31, 2025 6,205,902 394,599 858,488 66,286 7,525,275 Amortization 194,098 - 14,868 5,654 214,620 Balance, December 31, 2025 6,400,000 $ 394,599 $ 873,356 $ 71,940 $ 7,739,895 $ Carrying Value Balance, March 31, 2025 194,098 $ 16,100,000 $ 79,298 $ 54,051 $ 16,427,447 $ Balance, December 31, 2025 - $ 16,100,000 $ 64,430 $ 48,397 $ 16,212,827 $ As at As at Mar 31, 2025 Accounts payable and accrued liabilities 2,359,309 $ 3,467,633 $ Income tax payable - 1,400,436 VAT payable 226,041 680,377 Interest rate swap 444,837 - Total 3,030,187 $ 5,548,446 $ Dec 31, 2025 Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 19 13. Deferred revenue Deferred revenue consists of rental income prepaid by tenants in advance of the period end date totaling $3,212,316 (March 31, 2025: $3,455,516). 14. Mortgages payable Mortgages payable consist of the following: During the fiscal year ended March 31, 2025, Goldmoney Properties entered into a financing agreement with Barclays PLC, replacing the previous agreement. Under the terms of the new financing arrangement, Goldmoney Properties cross-collateralized its portfolio of pre-Clarendo --- n Estate property assets obtaining up to £100 million of potential funding (CAD $178 million). The financing is comprised of a term loan and a revolving credit facility. The financing rate on this facility is SONIA as set by the Bank of England plus 1.8%. The loans within this financing arrangement mature in five years with a one-year extension and are non-recourse to Goldmoney Inc. On December 6, 2024, Goldmoney Properties utilised £47.0 million from this financing arrangement. Of this amount, £21.6 million was used to refinance the previous two mortgages within the Goldmoney Properties portfolio. The balance was used to partially fund the Clarendon Estate acquisition. During the nine months ended December 31, 2025, Goldmoney Properties utilized an additional £4.9 million ($9.0 million) from the existing financing agreement with Barclays PLC to fund the new investment property acquisitions during the period. The loan agreement includes two financial covenants, (i) loan to value ratio does not at any time exceed 65% and (ii) historical interest cover is maintained at a minimum of 175% at all times. Failure to comply with either covenant constitutes a breach of the facility agreement and may trigger early repayment rights by the lender. The loan agreement provides Goldmoney Properties with contractual cure rights in the event of a covenant breach. As at December 31, 2025, the Company was in compliance with both financial covenants and no cure rights were exercised during the reporting period. During the nine months ended December 31, 2025, the Company incurred interest expense of £2,095,542 (CAD $3,883,473) (December 31, 2024: £1,495,480 (CAD $2,646,323)). In connection with the financing, the Company holds interest rate swap agreements, with an aggregate value of £20,000,000 (March 31, 2025: £20,000,000), with Barclays PLC to hedge the interest rate risk on part of its outstanding mortgage loan. Under the interest rate swap agreements, the Company pays a fixed GBP CAD GBP CAD Mortgages payable 50,916,000 £ 93,828,005 $ 47,091,999 £ 87,454,553 $ Deferred finance costs 430,709 793,710 448,818 833,500 50,485,291 £ 93,034,295 $ 46,643,181 £ 86,621,053 $ Current 1,400,000 £ 2,579,920 $ 1,352,978 £ 2,512,616 $ Non-current 49,085,291 90,454,375 45,290,203 84,108,437 50,485,291 £ 93,034,295 $ 46,643,181 £ 86,621,053 $ As at As at Dec 31, 2025 Mar 31, 2025 Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 20 interest rate with a weighted average of 3.89% (March 31, 2024: 3.83%), while the counterparties to the agreements pay a floating rate based on SONIA, settled quarterly through the maturity date of December 22, 2028 to December 5, 2030. The interest rate swap is classified as Level 2 in the fair value hierarchy and is reflected in prepaid and other assets. For the period ended December 31, 2025, the Company recognized an unrealized loss on fair value of the swap of $444,837 (December 31, 2024: $205,378 gain). The Company makes quarterly principal and interest payments on its mortgage and amortizes £1.4 million of principal annually. The aggregate principal repayments and balances payable in the next five years and thereafter, as of December 31, 2025, are as follows: 15. Share capital The authorized share capital consists of an unlimited number of common shares. The common shares do not have a par value. --- All issued shares are fully paid. Number of common shares Amount Balance, March 31, 2024 13,137,250 $ 149,169,248 Exercise of RSUs 357,900 2,726,130 Normal Course Issuer Bid repurchases (146,700) (1,267,737) Balance, December 31, 2024 13,348,450 $ 150,627,641 Balance, March 31, 2025 12,925,350 $ 147,105,444 Exercise of RSUs 135,112 1,193,644 Normal Course Issuer Bid repurchases (606,000) (5,710,139) Balance, December 31, 2025 12,454,462 $ 142,588,949 Normal Course Issuer Bid (“NCIB”) NCIB September 2025 On September 19, 2025, the Company announced a plan to repurchase a portion of the Company’s common shares. The Toronto Stock Exchange accepted the notice of intention, to make a normal course issuer bid to repurchase up to 777,262 of its common shares representing approximately 10% of its public float of Principal Balances Fiscal Year Repayments Maturing Total 2026 644,980 $ - $ 644,980 $ 2027 2,579,920 - 2,579,920 2028 2,579,920 - 2,579,920 2029 2,579,920 - 2,579,920 2030 and thereafter 2,579,920 82,863,345 85,443,265 10,964,660 $ 82,863,345 $ 93,828,005 $ Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 21 7,772,628 common shares. The Company had 12,680,462 common shares issued and outstanding shares at the time. The NCIB commenced on September 23, 2025 and will terminate on September 22, 2026 or at such earlier date if the number of Shares sought in the NCIB have been repurchased. Goldmoney reserves the right to terminate the NCIB earlier if it feels that it is appropriate to do so. The Company is permitted to purchase a maximum of 1,000 shares on any one trading day, representing 25% of the average daily volume. Notwithstanding the foregoing, the Company is permitted to repurchase greater than 1,000 Shares during any one trading day only if such repurchases that are in excess of 1,000 Shares are made on alternative Canadian trading systems. In addition, the Company is allowed once per calendar week to make a block purchase (as such term is defined in the TSX Company Manual) of Shares not directly or indirectly owned by the insiders of the Company, in accordance with TSX policies. NCIB September 2024 On September 18, 2024, the Company announced a plan to repurchase a portion of the Company’s common shares. The Toronto Stock Exchange accepted the notice of intention, to make a normal course issuer bid to repurchase up to 864,862 of its common shares representing approximately 10% of its public float of 8,648,627 common shares. The Company had 13,191,150 common shares issued and outstanding shares at the time. The NCIB commenced on September 23, 2024 and terminated on September 22, 2025. The Company was permitted to purchase a maximum of 2,994 shares on any one trading day, representing 25% of the average daily volume for the most recently completed six-month period. Notwithstanding the foregoing, the Company was permitted to repurchase greater than 2,994 Shares during any one trading day only if such repurchases that are in excess of 2,994 Shares are made on alternative Canadian trading systems. In addition, the Company is allowed once per calendar week to make a block purchase (as such term is defined in the TSX Company Manual) of Shares not directly or indirectly owned by the insiders of the Company, in accordance with TSX policies. Under the share purchase plan, the Company may repurchase sh --- ares from time to time at the Company’s discretion. Any purchases made by Goldmoney pursuant to the NCIB were made in accordance with the rules and policies of the TSX. The actual number of common shares purchased, and the timing of such purchases were determined by the Company considering market conditions, stock prices, its cash position and other factors. During the period ended December 31, 2025, the Company repurchased and cancelled 606,000 shares (December 31, 2024: 146,700). Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 22 16. Contributed surplus Contributed surplus consists of warrant expense, stock option expense and performance share expense. a) Stock options The aggregate maximum number of shares available for issuance from treasury under the stock option plan and all the Company’s other security-based compensation arrangements at any given time is 10% of the Company’s issued and outstanding shares as at the date of grant of an option under the Plan, subject to certain stated adjustments. Under the plan, options granted can be exercisable for a maximum of 10 years from the date of grant or a lesser period as determined by the Board at the time of such grant. In the event of a change in control in the Company, all options outstanding shall be immediately exercisable. The vesting schedule of the options is at the discretion of the board; some options disclosed below vest immediately, while others vest over a three-year period. Number of Weighted average stock options exercise price Balance, March 31, 2024 269,350 $11.76 Issued 250,000 7.75 Forfeited/cancelled (167,550) 11.97 Balance, December 31, 2024 351,800 $8.81 Balance, March 31, 2025 351,800 $8.81 Issued 150,000 8.76 Forfeited/cancelled (7,300) 13.20 Balance, December 31, 2025 494,500 $8.73 The weighted average assumptions used to estimate the fair value of options granted during the nine month periods ended December 31, 2025 and 2024. December 31, 2025 December 31, 2024 Risk free interest rate 2.94% 4.02% Expected volatility 44.48% 34.19% Expected life 5 years 2 years b) Restricted share units The RSU Plan, which is administered by the Board of Directors, is intended to provide an incentive and retention mechanism to foster the interest of eligible directors, officers, employees and consultants of the Company in the success of the Company. Awards granted under the RSU Plan shall be settled, at the sole discretion of the Company, either: (i) through the issue from treasury of the number of RSU shares represented by such vested award; or (ii) in the case of awards in respect of RSU shares that are common shares, through the purchase on the secondary market by the Company of the number of RSU shares represented by such vested award and delivery to Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 23 such RSU holder. The Company and RSU holders, at their discretion, may agree to settle vested RSUs in cash valued at the market value of the Company's shares as at the exercise date. Outstanding, March 31, 2024 18,260 Granted 350,000 Exercised (357,900) Forfeited/cancelled (3,423) Outstanding, December 31, 2024 6,937 Outstanding, March 31, 2025 5,689 Granted 400,000 Exercised (135,112) Forfeited/can --- celled (3,911) Outstanding, December 31, 2025 266,666 For the quarter ended December 31, 2025, nil (December 31, 2024: 6,937) of the outstanding RSU shares were vested. 17. Precious metal operating expenses The following is a summary of precious metal operating expenses for the period ended December 31, 2025 and 2024. Dec 31, 2025 Dec 31, 2024 Dec 31, 2025 Dec 31, 2024 Cost of sales 37,896,523 $ 11,774,217 $ 124,747,783 $ 37,182,673 $ Service provider fees 1,491 20,310 36,842 137,186 Advertising and promotion 15,171 5,463 101,203 33,754 Payroll expenses 288,084 339,303 1,212,089 1,079,224 Total 38,201,269 $ 12,139,293 $ 126,097,917 $ 38,432,837 $ For the nine months ended For the three months ended Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 24 18. Earnings per share 19. Related party transactions Related parties include the Board of Directors, senior management, close family members and enterprises that are controlled by these individuals as well as certain persons performing similar functions. Related party transactions conducted in the normal course of operations are measured initially at fair value. Key management is defined as those with authority and responsibility for planning, directing, and controlling activities of the company, including directors and executive team. Remuneration of directors and key management personnel of the Company was as follows: Compensation of key personnel For the nine months ended Dec 31, 2025 Dec 31, 2024 Salaries Key management $ 1,179,243 $ 964,684 Fees Directors 336,750 336,750 Stock-based compensation Key Management 2,600,768 2,910,729 Directors - 168,519 Transactions with associates As at Dec 31, 2025 Mar 31, 2025 Notes receivables $ 648,840 $ 641,273 Dec 31, 2025 Dec 31, 2024 Dec 31, 2025 Dec 31, 2024 Basic earnings per common share Net income attributable to common shareholders 17,849,821 $ 2,891,469 $ 34,114,912 $ 4,127,041 $ Weighted average number of common shares outstanding 12,540,353 13,183,445 12,632,681 13,150,569 Basic earnings per common share 1.42 $ 0.22 $ 2.70 $ 0.31 $ Diluted earnings per common share Net income attributable to common shareholders 17,849,821 $ 2,891,469 $ 34,114,912 $ 4,127,041 $ Weighted average number of common shares outstanding 12,540,353 13,183,445 12,632,681 13,150,569 Adjustments to average shares due to share-based options and others 716,666 6,937 716,666 6,937 Weighted average number of diluted common shares outstanding 13,257,019 13,190,383 13,349,347 13,157,506 Diluted earnings per common share 1.35 $ 0.22 $ 2.56 $ 0.31 $ For the nine months ended For the three months ended Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 25 20. Capital risk management The Company manages its capital with the following objectives: (i) to ensure sufficient financial flexibility to achieve the ongoing business objectives including funding of future growth opportunities and pursuit of accretive acquisitions; and (ii) to maximize shareholder return, through enhancing the share value. The Company monitors its capital structure and makes adjustments according to market conditions in an effort to meet its objectives given the current outlook of the business and industry in general. The Company --- may manage its capital structure by issuing new shares, repurchasing outstanding shares, adjusting capital spending, or disposing of assets. The capital structure is reviewed by management on an ongoing basis and in meetings with the Board of Directors. The Company considers its capital to be equity, which at December 31, 2025 totaled $192,944,449 (March 31, 2025: $162,976,751). The Company manages capital through its financial and operational forecasting processes. The Company reviews its working capital and forecasts its future cash flows based on operating expenditures, and other investing and financing activities. The forecast is updated based on actual activities. Capital management information is provided to the Board of Directors of the Company. 21. Segment information The Company has the following three reportable segments after aggregation: (i) Goldmoney.com, (ii) Goldmoney Properties, and (iii) Corporate and Other. The Company has applied judgement by aggregating its operating segments according to the nature of their respective operations. Such judgement considers the nature of operations, types of customers, and an expectation that operating segments within a reportable segment have similar long-term economic characteristics. For the three and nine months ended December 31, 2025 and 2024, a portion of expenses were not allocated to the business segments as these costs are not specifically managed on a segment basis: stock-based compensation, intangible asset amortization, executive payroll expenses, public company expenses, technology and development costs, impairment of goodwill, and market and business development, and other segments whose asset and revenue levels do not warrant separate disclosure Accordingly, these expenses are reflected in the Corporate and Other segment. The following tables present financial information by segment for the three and nine months ended December 31, 2025 and 2024. Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 26 Three months ended Dec 31, 2025 Goldmoney.com Properties Corporate Total Precious metal revenue 58,231,673 $ - $ - $ 58,231,673 $ Investment properties rental income - 3,764,443 - 3,764,443 Interest income 691,554 (11,775) - 679,779 Total revenue 58,923,227 3,752,668 - 62,675,895 Precious metal operating expenses 38,201,269 - - 38,201,269 Investment properties operating expenses - 568,641 - 568,641 Total operating expenses 38,201,269 568,641 - 38,769,910 Total operating income 20,721,958 3,184,027 - 23,905,985 Expenses excluding stock-based compensation and interest 372,939 443,342 591,101 1,407,382 Interest expense - 1,284,381 - 1,284,381 Stock-based compensation - - 587,193 587,193 Net operating income (loss) 20,349,019 $ 1,456,304 $ (1,178,294) $ 20,627,029 $ Three months ended Dec 31, 2024 Goldmoney.com Properties Corporate Total Precious metal revenue 15,439,846 $ - $ - $ 15,439,846 $ Investment properties rental income - 3,487,404 - 3,487,404 Interest income 493,441 88,068 - 581,509 Total revenue 15,933,287 3,575,472 - 19,508,759 Precious metal operating expenses 12,139,293 - - 12,139,293 Investment properties operating expenses - 383,604 - 383,604 Total operating expenses 12,139,293 383,604 - 12,522,897 Total operating income 3,793,994 3,191,868 - 6,985,862 Expenses excluding stock-based compensation and interest 214,791 136,682 1 --- ,335,798 1,687,271 Interest expense - 1,247,778 - 1,247,778 Stock-based compensation - - 1,319,970 1,319,970 Net operating income (loss) 3,579,203 $ 1,807,408 $ (2,655,768) $ 2,730,843 $ Goldmoney Inc. Notes to Condensed Consolidated Interim Financial Statements Three and Nine Months Ended December 31, 2025 (Expressed in Canadian Dollars, unless otherwise stated) (Unaudited) 27 The following tables present financial information by segment for the balance sheet as at December 31, 2025 and March 31, 2025. Nine months ended Dec 31, 2025 Goldmoney.com Properties Corporate Total Precious metal revenue 160,460,194 $ - $ - $ 160,460,194 $ Investment properties rental income - 11,657,063 - 11,657,063 Interest income 1,828,281 29,173 - 1,857,454 Total revenue 162,288,475 11,686,236 - 173,974,711 Precious metal operating expenses 126,097,917 - - 126,097,917 Investment properties operating expenses - 1,484,289 1,484,289 Total operating expenses 126,097,917 1,484,289 - 127,582,206 Total operating income 36,190,558 10,201,947 - 46,392,505 Expenses excluding stock-based compensation and interest 2,344,653 1,166,566 1,533,576 5,044,795 Interest expense - 3,883,473 - 3,883,473 Stock-based compensation - - 2,600,767 2,600,767 Net operating income (loss) 33,845,905 $ 5,151,908 $ (4,134,343) $ 34,863,470 $ Nine months ended Dec 31, 2024 Goldmoney.com Properties Corporate Total Precious metal revenue 50,768,019 $ - $ - $ 50,768,019 $ Investment properties rental income - 9,360,530 - 9,360,530 Interest income 1,602,054 268,759 - 1,870,813 Total revenue 52,370,073 9,629,289 - 61,999,362 Precious metal operating expenses 38,432,837 - - 38,432,837 Investment properties operating expenses - 746,888 746,888 Total operating expenses 38,432,837 746,888 - 39,179,725 Total operating income 13,937,236 8,882,401 - 22,819,637 Expenses excluding stock-based compensation and interest 1,307,151 633,433 2,711,883 4,652,467 Interest expense - 2,646,323 - 2,646,323 Stock-based compensation 2,910,729 - 168,519 3,079,248 Net operating income (loss) 9,719,356 $ 5,602,645 $ (2,880,402) $ 12,441,599 $ As at Dec 31, 2025 Goldmoney.com Properties Corporate Total Total assets 104,886,179 $ 249,371,954 $ 29,514,209 $ 383,772,342 $ Total liabilities (92,474,690) $ (98,353,203) $ - $ (190,827,893) $ As at Mar 31, 2025 Goldmoney.com Properties Corporate Total Total assets 95,069,442 $ 217,123,550 $ 29,723,130 $ 341,916,122 $ Total liabilities (84,319,706) $ (94,619,665) $ - $ (178,939,371) $