ADX:NCTH Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Equivalents	819.29	805.97	339.91
Short-Term Investments	-	63.51	55.83
Trading Asset Securities	-	37.99	14.2
Cash & Short-Term Investments	819.29	907.46	409.95
Cash Growth	99.85%	121.36%	-
Accounts Receivable	-	411.24	213.81
Other Receivables	-	59.18	49.54
Receivables	-	470.42	263.35
Inventory	-	49.28	24.87
Prepaid Expenses	-	153.45	55.15
Total Current Assets	1,643	1,581	753.31
Property, Plant & Equipment	-	3,958	1,740
Long-Term Investments	-	295.27	-
Goodwill	-	451.67	451.67
Other Intangible Assets	-	142.75	1.52
Long-Term Deferred Tax Assets	-	9.22	10.67
Other Long-Term Assets	5,191	302.52	309.38
Total Assets	6,834	6,740	3,267
Accounts Payable	-	184.51	250.93
Accrued Expenses	-	322.34	49.02
Short-Term Debt	-	25.93	71.6
Current Portion of Long-Term Debt	-	87.63	287.81
Current Portion of Leases	-	3.46	3.13
Current Income Taxes Payable	-	39.11	18.42
Current Unearned Revenue	-	149.65	88.31
Other Current Liabilities	884.78	48.5	0.06
Total Current Liabilities	884.78	861.12	769.26
Long-Term Debt	833.93	658.48	615.11
Long-Term Leases	-	127.2	42.56
Pension & Post-Retirement Benefits	-	62.03	21.61
Long-Term Deferred Tax Liabilities	-	12.76	-
Total Liabilities	1,719	1,722	1,449
Common Stock	5,115	2,177	474.46
Additional Paid-In Capital	-	1,980	-
Retained Earnings	-	1,189	357.97
Comprehensive Income & Other	-	-327.85	985.77
Shareholders' Equity	5,115	5,018	1,818
Total Liabilities & Equity	6,834	6,740	3,267
Total Debt	833.93	902.69	1,020
Net Cash (Debt)	-14.64	4.77	-610.26
Net Cash Per Share	-0.01	0.00	-0.48
Filing Date Shares Outstanding	2,414	2,177	1,278
Total Common Shares Outstanding	2,414	2,177	1,278
Working Capital	757.75	719.49	-15.95
Book Value Per Share	2.12	2.31	1.42
Tangible Book Value	5,115	4,424	1,365
Tangible Book Value Per Share	2.12	2.03	1.07
Land	-	1,388	225.21
Buildings	-	2,304	1,250
Machinery	-	1,189	491.93
Construction In Progress	-	548.89	373.6
Leasehold Improvements	-	7.77	5.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.