Palms Sports PJSC (ADX:PALMS)

Palms Sports PJSC Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	306.19	284.58	224.44	194.09	119.81
Trading Asset Securities	77.74	94.25	110.88	33.37	-
Cash & Short-Term Investments	383.93	378.82	335.32	227.46	119.81
Cash Growth	1.35%	12.98%	47.42%	89.84%	-17.08%
Accounts Receivable	330.79	276.97	116.8	107.53	137.2
Other Receivables	106.77	74.78	28.43	20.31	21.14
Receivables	441.86	357.45	145.22	127.84	158.33
Inventory	6.8	6.56	5.49	0.77	0.92
Prepaid Expenses	46.62	31.2	6.84	1.62	1.19
Other Current Assets	3.05	3.73	2.22	1.47	0.13
Total Current Assets	882.25	777.76	495.09	359.16	280.39
Property, Plant & Equipment	106.17	54.15	0.52	0.95	1.29
Long-Term Investments	34.19	35.68	33.95	16.12	-
Goodwill	19.62	18.68	2.72	-	-
Other Intangible Assets	62.63	68.77	0.41	0	0.01
Other Long-Term Assets	7.01	5.84	-	-	-
Total Assets	1,112	960.87	532.69	376.23	281.69
Accounts Payable	25.26	24.07	5.85	0.52	0.97
Accrued Expenses	87.8	79.21	23.55	17.14	18.8
Short-Term Debt	-	-	0.2	-	-
Current Portion of Long-Term Debt	78.91	30	-	-	-
Current Portion of Leases	3.5	1.88	-	0.06	0.06
Current Income Taxes Payable	13.72	-	-	-	-
Current Unearned Revenue	16.72	3.12	-	-	-
Other Current Liabilities	13.98	11.75	3.62	0.07	0.07
Total Current Liabilities	239.88	150.03	33.22	17.79	19.9
Long-Term Debt	157.33	120	-	-	-
Long-Term Leases	8.73	4.78	-	0.48	0.54
Long-Term Deferred Tax Liabilities	4.64	6.41	-	-	-
Total Liabilities	536.46	389.42	66.61	46.98	46.4
Common Stock	150	150	150	150	150
Additional Paid-In Capital	-	0.21	31.02	-	-
Retained Earnings	425.34	415.72	279.37	177.13	85.29
Comprehensive Income & Other	-0.15	5.11	5.04	2.12	-
Total Common Equity	575.18	571.05	465.43	329.25	235.29
Minority Interest	0.24	0.41	0.65	-	-
Shareholders' Equity	575.42	571.45	466.08	329.25	235.29
Total Liabilities & Equity	1,112	960.87	532.69	376.23	281.69
Total Debt	248.47	156.65	0.2	0.54	0.6
Net Cash (Debt)	135.46	222.17	335.12	226.92	119.22
Net Cash Growth	-39.03%	-33.70%	47.68%	90.34%	-17.12%
Net Cash Per Share	0.90	1.48	2.23	1.51	0.79
Filing Date Shares Outstanding	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150
Working Capital	642.37	627.73	461.88	341.37	260.49
Book Value Per Share	3.83	3.81	3.10	2.19	1.57
Tangible Book Value	492.92	483.6	462.31	329.25	235.28
Tangible Book Value Per Share	3.29	3.22	3.08	2.19	1.57
Buildings	150.7	62.1	-	-	-
Machinery	38.03	18.44	3.91	2.49	2.46

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