ESG Emirates Stallions Group PJSC (ADX:ESG)

ADX:ESG Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	459.59	468.32	577.94	432.03	253.75	155.3
Trading Asset Securities	0.74	4.78	45.86	38.55	49.57	-
Cash & Short-Term Investments	460.33	473.1	623.8	470.58	303.33	155.3
Cash Growth	-22.75%	-24.16%	32.56%	55.14%	95.31%	-52.82%
Receivables	799.49	816.77	433.12	435.76	315.62	152.74
Inventory	369.38	354.6	195.87	3.56	1.06	1.92
Prepaid Expenses	-	-	-	-	-	7.33
Other Current Assets	-	-	-	-	-	12
Total Current Assets	1,629	1,644	1,253	909.9	620.01	329.29
Property, Plant & Equipment	540.1	532.59	365.87	87.47	71.62	1.62
Long-Term Investments	1,215	1,206	1,286	108.52	74.51	62.09
Goodwill	-	64.58	33.84	-	-	-
Other Intangible Assets	93.91	31.56	6.65	0.2	0.04	-
Long-Term Accounts Receivable	31.03	31.03	31.03	38.37	37.78	-
Long-Term Deferred Tax Assets	2.16	4.48	0.4	-	-	-
Other Long-Term Assets	167.07	168.96	83.54	-	0.85	1.3
Total Assets	3,679	3,683	3,061	1,144	804.8	394.29
Accounts Payable	749.69	784.92	564.46	340.57	234.38	12.79
Accrued Expenses	-	-	-	-	-	48.81
Short-Term Debt	-	-	0.25	-	-	-
Current Portion of Long-Term Debt	22.59	28.27	32.26	-	-	-
Current Portion of Leases	50.18	40.89	32.35	1.32	0.66	-
Current Income Taxes Payable	26.26	21.74	-	-	-	-
Current Unearned Revenue	-	-	-	-	-	1.67
Other Current Liabilities	-	-	-	-	-	21.14
Total Current Liabilities	848.73	875.81	629.32	341.89	235.04	84.41
Long-Term Debt	17.5	21.88	49.34	-	-	-
Long-Term Leases	136.44	154.89	46.8	4.09	0.64	-
Long-Term Deferred Tax Liabilities	2.6	2.8	0.59	-	-	-
Other Long-Term Liabilities	59.7	59.51	5.31	5.85	6.35	-
Total Liabilities	1,134	1,181	772.56	386.56	267.98	96.56
Common Stock	250	250	250	250	250	0.15
Retained Earnings	1,199	1,151	895.94	224.53	76.32	274.75
Comprehensive Income & Other	781.25	782.73	857.05	209.32	165.35	21.65
Total Common Equity	2,230	2,184	2,003	683.85	491.67	296.55
Minority Interest	314.4	319.21	284.95	74.06	45.16	1.18
Shareholders' Equity	2,545	2,503	2,288	757.9	536.83	297.74
Total Liabilities & Equity	3,679	3,683	3,061	1,144	804.8	394.29
Total Debt	226.71	245.92	161	5.42	1.3	-
Net Cash (Debt)	233.62	227.18	462.81	465.17	302.03	155.3
Net Cash Growth	-49.19%	-50.91%	-0.51%	54.02%	94.47%	-52.82%
Net Cash Per Share	0.93	0.91	1.85	1.86	1.21	0.62
Filing Date Shares Outstanding	250	250	250	250	250	150
Total Common Shares Outstanding	250	250	250	250	250	150
Working Capital	780.47	768.66	623.48	568.01	384.97	244.88
Book Value Per Share	8.92	8.73	8.01	2.74	1.97	1.98
Tangible Book Value	2,137	2,087	1,962	683.65	491.63	296.55
Tangible Book Value Per Share	8.55	8.35	7.85	2.73	1.97	1.98
Land	-	127.77	126.57	0.04	-	-
Buildings	-	187.96	226.34	81.65	5.5	1.49
Machinery	-	151.97	120.61	67.91	38.69	34.36
Construction In Progress	-	82.02	13.14	3.05	61.37	-

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.