Palms Sports PJSC (ADX:PALMS)

SolarWinds 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	175.21	306.19	284.58	224.44	194.09	119.81
Trading Asset Securities	74.25	77.74	94.25	110.88	33.37	-
Cash & Short-Term Investments	249.46	383.93	378.82	335.32	227.46	119.81
Cash Growth	-17.02%	1.35%	12.97%	47.42%	89.84%	-17.08%
Accounts Receivable	383.74	330.79	276.97	116.8	107.53	137.2
Other Receivables	101.44	106.77	74.78	28.43	20.31	21.14
Receivables	493.98	441.86	357.45	145.22	127.84	158.33
Inventory	6.5	6.8	6.56	5.49	0.77	0.92
Prepaid Expenses	42.14	46.62	31.2	6.84	1.62	1.19
Other Current Assets	10.93	3.05	3.73	2.22	1.47	0.13
Total Current Assets	803	882.25	777.76	495.09	359.16	280.39
Property, Plant & Equipment	105.1	106.17	54.15	0.52	0.95	1.29
Long-Term Investments	32.98	34.19	35.68	33.95	16.12	-
Goodwill	-	19.62	18.68	2.72	-	-
Other Intangible Assets	80.22	62.63	68.77	0.41	0	0.01
Other Long-Term Assets	5.33	7.01	5.84	-	-	-
Total Assets	1,027	1,112	960.87	532.69	376.23	281.69
Accounts Payable	140.02	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	4.3	3.5	1.88	-	0.06	0.06
Current Income Taxes Payable	19.83	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	205.81	239.88	150.03	33.22	17.79	19.9
Long-Term Debt	107.5	157.33	120	-	-	-
Long-Term Leases	7.51	8.73	4.78	-	0.48	0.54
Long-Term Deferred Tax Liabilities	3.74	4.64	6.41	-	-	-
Total Liabilities	458.97	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	420.74	425.34	415.72	279.37	177.13	85.29
Comprehensive Income & Other	-2.79	-0.15	5.11	5.04	2.12	-
Total Common Equity	567.95	575.18	571.05	465.43	329.25	235.29
Minority Interest	-0.28	0.24	0.41	0.65	-	-
Shareholders' Equity	567.67	575.42	571.45	466.08	329.25	235.29
Total Liabilities & Equity	1,027	1,112	960.87	532.69	376.23	281.69
Total Debt	160.98	248.47	156.65	0.2	0.54	0.6
Net Cash (Debt)	88.48	135.46	222.17	335.12	226.92	119.22
Net Cash Growth	-17.09%	-39.03%	-33.70%	47.68%	90.34%	-17.12%
Net Cash Per Share	0.59	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	597.19	642.37	627.73	461.88	341.37	260.49
Book Value Per Share	3.79	3.83	3.81	3.10	2.19	1.57
Tangible Book Value	487.73	492.92	483.6	462.31	329.25	235.28
Tangible Book Value Per Share	3.25	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.