Palms Sports PJSC (ADX:PALMS)

Palms Sports PJSC 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	188.12	306.19	284.58	224.44	194.09	119.81
Trading Asset Securities	68.85	77.74	94.25	110.88	33.37	-
Cash & Short-Term Investments	256.97	383.93	378.82	335.32	227.46	119.81
Cash Growth	-4.13%	1.35%	12.97%	47.42%	89.84%	-17.08%
Accounts Receivable	363.42	330.79	276.97	116.8	107.53	137.2
Other Receivables	98.76	106.77	74.78	28.43	20.31	21.14
Receivables	465.99	441.86	357.45	145.22	127.84	158.33
Inventory	6.78	6.8	6.56	5.49	0.77	0.92
Prepaid Expenses	47.73	46.62	31.2	6.84	1.62	1.19
Other Current Assets	7.86	3.05	3.73	2.22	1.47	0.13
Total Current Assets	785.32	882.25	777.76	495.09	359.16	280.39
Property, Plant & Equipment	103.84	106.17	54.15	0.52	0.95	1.29
Long-Term Investments	34.97	34.19	35.68	33.95	16.12	-
Goodwill	-	19.62	18.68	2.72	-	-
Other Intangible Assets	81.75	62.63	68.77	0.41	0	0.01
Other Long-Term Assets	6.27	7.01	5.84	-	-	-
Total Assets	1,012	1,112	960.87	532.69	376.23	281.69
Accounts Payable	152.33	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	41.67	78.91	30	-	-	-
Current Portion of Leases	3.62	3.5	1.88	-	0.06	0.06
Current Income Taxes Payable	16.66	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	214.28	239.88	150.03	33.22	17.79	19.9
Long-Term Debt	113.33	157.33	120	-	-	-
Long-Term Leases	7.15	8.73	4.78	-	0.48	0.54
Long-Term Deferred Tax Liabilities	4.17	4.64	6.41	-	-	-
Total Liabilities	469.29	536.46	389.42	66.61	46.98	46.4
Common Stock	150	150	150	150	150	150
Additional Paid-In Capital	-	-	0.21	31.02	-	-
Retained Earnings	392.93	425.34	415.72	279.37	177.13	85.29
Comprehensive Income & Other	-0.15	-0.15	5.11	5.04	2.12	-
Total Common Equity	542.77	575.18	571.05	465.43	329.25	235.29
Minority Interest	0.09	0.24	0.41	0.65	-	-
Shareholders' Equity	542.87	575.42	571.45	466.08	329.25	235.29
Total Liabilities & Equity	1,012	1,112	960.87	532.69	376.23	281.69
Total Debt	165.76	248.47	156.65	0.2	0.54	0.6
Net Cash (Debt)	91.2	135.46	222.17	335.12	226.92	119.22
Net Cash Growth	24.87%	-39.03%	-33.70%	47.68%	90.34%	-17.12%
Net Cash Per Share	0.61	0.90	1.48	2.23	1.51	0.79
Filing Date Shares Outstanding	150	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150	150
Working Capital	571.04	642.37	627.73	461.88	341.37	260.49
Book Value Per Share	3.62	3.83	3.81	3.10	2.19	1.57
Tangible Book Value	461.02	492.92	483.6	462.31	329.25	235.28
Tangible Book Value Per Share	3.07	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

Updated Jan 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.