Financials

Income Statement Balance Sheet Cash Flow Ratios

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Assets
Cash & Equivalents	29.61M	9.10M	11.89M	23.32M	22.73M
Cash & Short-Term Investments	29.61M	9.10M	11.89M	23.32M	22.73M
Receivables	47.02M	46.99M	58.92M	73.88M	69.69M
Inventory	55.63M	47.57M	45.10M	48.72M	47.04M
Current Assets	145.08M	114.51M	123.86M	152.17M	141.10M
PP&E	250.35M	252.27M	216.96M	206.94M	204.66M
Intangible Assets	1.24M	1.50M	1.40M	—	—
Total Assets	396.73M	368.35M	342.28M	359.17M	345.82M
Liabilities
Accounts Payable	34.29M	43.09M	21.75M	29.70M	23.50M
Current Liabilities	141.87M	130.60M	117.88M	131.36M	114.65M
Long-Term Debt	40.53M	32.73M	19.14M	29.53M	34.95M
Short-Term Debt	79.12M	63.43M	56.98M	55.65M	59.21M
Total Debt	142.17M	113.59M	108.47M	110.49M	113.99M
Total Liabilities	197.45M	178.01M	151.73M	174.60M	162.79M
Equity & Ownership
Retained Earnings	59.25M	50.32M	50.53M	44.55M	43.01M
Total Equity	199.28M	190.34M	190.55M	184.57M	183.03M
Net Debt	112.56M	104.49M	96.58M	87.17M	91.25M
Shares Outstanding	14,000,000	14,000,000	14,000,000	14,000,000	14,000,000
Cash & Assets
Total Assets	396.73M	368.35M	342.28M	359.17M	345.82M
Total Current Assets	145.08M	114.51M	123.86M	152.17M	141.10M
Cash & Equivalents	29.61M	9.10M	11.89M	23.32M	22.73M
Cash & Short-Term Investments	29.61M	9.10M	11.89M	23.32M	22.73M
Net Cash (Debt)	-112.56M	-104.49M	-96.58M	-87.17M	-91.25M
Net Cash Per Share	-8.04	-7.46	-6.90	-6.23	-6.52
Cash Growth	+149.0%	-61.0%	-47.7%	+139.7%	+119.5%
Accounts Receivable	46.57M	44.89M	58.92M	73.88M	69.14M
Other Receivables	0.45M	2.10M	—	—	0.55M
Receivables	47.02M	46.99M	58.92M	73.88M	69.69M
Inventory	55.63M	47.57M	45.10M	48.72M	47.04M
Prepaid Expenses	1.94M	10.86M	0.84M	6.24M	0.49M
Construction In Progress	0.26M	—	32.87M	—	13.80M
Buildings	100.72M	—	100.53M	—	99.95M
Machinery	385.85M	—	300.87M	—	291.75M
Property, Plant & Equipment	250.35M	252.27M	216.96M	206.94M	204.66M
Other Intangible Assets	1.24M	1.50M	1.40M	—	—
Other Current Assets	10.87M	—	7.10M	—	1.14M
Long-Term Leases	1.67M	2.10M	2.02M	1.93M	2.33M
Current Portion of Leases	0.52M	0.52M	0.52M	1.03M	0.52M
Loans & Investments
Long-Term Investments	61.20K	60.64K	60.14K	59.43K	59.53K
Liabilities & Obligations
Total Liabilities	197.45M	178.01M	151.73M	174.60M	162.79M
Total Liabilities & Equity	396.73M	368.35M	342.28M	359.17M	345.82M
Total Current Liabilities	141.87M	130.60M	117.88M	131.36M	114.65M
Accounts Payable	34.29M	43.09M	21.75M	29.70M	23.50M
Accrued Expenses	6.19M	7.01M	7.18M	6.28M	11.07M
Current Income Taxes Payable	0.56M	0.13M	0.69M	0.44M	1.24M
Other Current Liabilities	0.87M	1.61M	0.95M	15.90M	2.14M
Pension & Post-Retirement Benefits	13.03M	12.58M	12.36M	11.79M	10.86M
Other Long-Term Liabilities	339.06K	—	326.67K	—	—
Debt & Funding
Long-Term Debt	40.53M	32.73M	19.14M	29.53M	34.95M
Short-Term Debt	79.12M	63.43M	56.98M	55.65M	59.21M
Total Debt	142.17M	113.59M	108.47M	110.49M	113.99M
Current Portion of Long-Term Debt	20.33M	14.81M	29.82M	22.36M	16.97M
Equity & Book Value
Shareholders' Equity	199.28M	190.34M	190.55M	184.57M	183.03M
Common Stock	140.00M	140.00M	140.00M	140.00M	140.00M
Retained Earnings	59.25M	50.32M	50.53M	44.55M	43.01M
Comprehensive Income & Other	21.34K	20.77K	20.27K	19.57K	19.67K
Book Value Per Share	14.23	13.60	13.61	13.18	13.07
Tangible Book Value	198.04M	188.84M	189.16M	184.57M	183.03M
Tangible Book Value Per Share	14.15	13.49	13.51	13.18	13.07
Filing Date Shares Outstanding	14.00M	14.00M	14.00M	14.00M	14.00M
Total Common Shares Outstanding	14.00M	14.00M	14.00M	14.00M	14.00M
Working Capital	3.20M	-16.09M	5.98M	20.80M	26.45M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Assets
Cash & Equivalents	29.61M	9.10M	11.89M	23.32M	22.73M
Cash & Short-Term Investments	29.61M	9.10M	11.89M	23.32M	22.73M
Receivables	47.02M	46.99M	58.92M	73.88M	69.69M
Inventory	55.63M	47.57M	45.10M	48.72M	47.04M
Current Assets	145.08M	114.51M	123.86M	152.17M	141.10M
PP&E	250.35M	252.27M	216.96M	206.94M	204.66M
Intangible Assets	1.24M	1.50M	1.40M	—	—
Total Assets	396.73M	368.35M	342.28M	359.17M	345.82M
Liabilities
Accounts Payable	34.29M	43.09M	21.75M	29.70M	23.50M
Current Liabilities	141.87M	130.60M	117.88M	131.36M	114.65M
Long-Term Debt	40.53M	32.73M	19.14M	29.53M	34.95M
Short-Term Debt	79.12M	63.43M	56.98M	55.65M	59.21M
Total Debt	142.17M	113.59M	108.47M	110.49M	113.99M
Total Liabilities	197.45M	178.01M	151.73M	174.60M	162.79M
Equity & Ownership
Retained Earnings	59.25M	50.32M	50.53M	44.55M	43.01M
Total Equity	199.28M	190.34M	190.55M	184.57M	183.03M
Net Debt	112.56M	104.49M	96.58M	87.17M	91.25M
Shares Outstanding	14,000,000	14,000,000	14,000,000	14,000,000	14,000,000
Cash & Assets
Total Assets	396.73M	368.35M	342.28M	359.17M	345.82M
Total Current Assets	145.08M	114.51M	123.86M	152.17M	141.10M
Cash & Equivalents	29.61M	9.10M	11.89M	23.32M	22.73M
Cash & Short-Term Investments	29.61M	9.10M	11.89M	23.32M	22.73M
Net Cash (Debt)	-112.56M	-104.49M	-96.58M	-87.17M	-91.25M
Net Cash Per Share	-8.04	-7.46	-6.90	-6.23	-6.52
Cash Growth	+149.0%	-61.0%	-47.7%	+139.7%	+119.5%
Accounts Receivable	46.57M	44.89M	58.92M	73.88M	69.14M
Other Receivables	0.45M	2.10M	—	—	0.55M
Receivables	47.02M	46.99M	58.92M	73.88M	69.69M
Inventory	55.63M	47.57M	45.10M	48.72M	47.04M
Prepaid Expenses	1.94M	10.86M	0.84M	6.24M	0.49M
Construction In Progress	0.26M	—	32.87M	—	13.80M
Buildings	100.72M	—	100.53M	—	99.95M
Machinery	385.85M	—	300.87M	—	291.75M
Property, Plant & Equipment	250.35M	252.27M	216.96M	206.94M	204.66M
Other Intangible Assets	1.24M	1.50M	1.40M	—	—
Other Current Assets	10.87M	—	7.10M	—	1.14M
Long-Term Leases	1.67M	2.10M	2.02M	1.93M	2.33M
Current Portion of Leases	0.52M	0.52M	0.52M	1.03M	0.52M
Loans & Investments
Long-Term Investments	61.20K	60.64K	60.14K	59.43K	59.53K
Liabilities & Obligations
Total Liabilities	197.45M	178.01M	151.73M	174.60M	162.79M
Total Liabilities & Equity	396.73M	368.35M	342.28M	359.17M	345.82M
Total Current Liabilities	141.87M	130.60M	117.88M	131.36M	114.65M
Accounts Payable	34.29M	43.09M	21.75M	29.70M	23.50M
Accrued Expenses	6.19M	7.01M	7.18M	6.28M	11.07M
Current Income Taxes Payable	0.56M	0.13M	0.69M	0.44M	1.24M
Other Current Liabilities	0.87M	1.61M	0.95M	15.90M	2.14M
Pension & Post-Retirement Benefits	13.03M	12.58M	12.36M	11.79M	10.86M
Other Long-Term Liabilities	339.06K	—	326.67K	—	—
Debt & Funding
Long-Term Debt	40.53M	32.73M	19.14M	29.53M	34.95M
Short-Term Debt	79.12M	63.43M	56.98M	55.65M	59.21M
Total Debt	142.17M	113.59M	108.47M	110.49M	113.99M
Current Portion of Long-Term Debt	20.33M	14.81M	29.82M	22.36M	16.97M
Equity & Book Value
Shareholders' Equity	199.28M	190.34M	190.55M	184.57M	183.03M
Common Stock	140.00M	140.00M	140.00M	140.00M	140.00M
Retained Earnings	59.25M	50.32M	50.53M	44.55M	43.01M
Comprehensive Income & Other	21.34K	20.77K	20.27K	19.57K	19.67K
Book Value Per Share	14.23	13.60	13.61	13.18	13.07
Tangible Book Value	198.04M	188.84M	189.16M	184.57M	183.03M
Tangible Book Value Per Share	14.15	13.49	13.51	13.18	13.07
Filing Date Shares Outstanding	14.00M	14.00M	14.00M	14.00M	14.00M
Total Common Shares Outstanding	14.00M	14.00M	14.00M	14.00M	14.00M
Working Capital	3.20M	-16.09M	5.98M	20.80M	26.45M

Financials

Semi-annual (SAR)

UNITED MINING

Semi-annual (SAR)