ADX: INVICTUS Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	275.65	369.67	537.59	16.67	26.64	12.24
Short-Term Investments	1.07	1.03	0.6	0.59	0.48	0.42
Cash & Short-Term Investments	276.72	370.69	538.2	17.26	27.12	12.66
Cash Growth	-29.93%	-31.12%	3018.24%	-36.36%	114.25%	-
Accounts Receivable	1,932	1,547	1,302	792.9	442.63	562.94
Other Receivables	15.12	26.54	8.71	4.69	2.12	1.47
Receivables	1,948	1,573	1,311	797.59	444.75	564.41
Inventory	560.38	610.18	583.51	3.43	79.31	16.3
Prepaid Expenses	0.34	0.53	0.41	1.39	0.47	0.17
Other Current Assets	120.31	88.86	254.85	246.97	98.32	58.6
Total Current Assets	2,905	2,643	2,688	1,067	649.97	652.14
Property, Plant & Equipment	37.73	34.9	5.34	5.02	106.74	113.03
Long-Term Investments	6.77	3.8	4.9	-	-	-
Other Intangible Assets	0.75	0.99	1.28	-	0.03	0.2
Total Assets	2,951	2,683	2,700	1,072	756.74	765.37
Accounts Payable	450.65	416.36	818.02	120.97	109.75	143.18
Accrued Expenses	107.98	66.43	67.13	43.84	25.3	11.52
Short-Term Debt	-	1,085	734.48	456.37	273.53	388.62
Current Portion of Leases	0.49	0.47	-	-	5.33	-
Current Unearned Revenue	24.92	40.47	27.38	108.72	22.26	8.66
Other Current Liabilities	8.03	-	23.96	91.77	4.07	-
Total Current Liabilities	1,652	1,608	1,671	821.66	440.24	551.98
Long-Term Leases	6.94	6.9	-	-	8.74	-
Total Liabilities	1,844	1,616	1,671	821.66	448.98	551.98
Common Stock	280	280	280	-	1	1
Additional Paid-In Capital	294	294	294	-	-	-
Retained Earnings	532.48	493.25	454.59	250	390	224.39
Comprehensive Income & Other	-	-	-	-	-83.24	-12
Shareholders' Equity	1,106	1,067	1,029	250	307.75	213.39
Total Liabilities & Equity	2,951	2,683	2,700	1,072	756.74	765.37
Total Debt	1,251	1,092	734.48	456.37	287.6	388.62
Net Cash (Debt)	-974.25	-721.31	-196.29	-439.11	-260.48	-375.96
Net Cash Per Share	-0.87	-0.64	-0.25	-109.78	-65.12	-
Filing Date Shares Outstanding	1,120	1,120	1,120	4	4	-
Total Common Shares Outstanding	1,120	1,120	1,120	4	4	-
Working Capital	1,253	1,035	1,017	244.98	209.73	100.16
Book Value Per Share	0.99	0.95	0.92	62.50	76.94	-
Tangible Book Value	1,106	1,066	1,027	250	307.73	213.19
Tangible Book Value Per Share	0.99	0.95	0.92	62.50	76.93	-
Buildings	-	17.57	-	-	19.08	21.72
Machinery	-	4.89	0.83	0.72	62.63	71.07
Construction In Progress	-	10	7.89	4.87	4.34	-

Source: S&P Capital IQ. Standard template. Financial Sources.