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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	183.05	306.19	284.58	224.44	194.09	119.81
Trading Asset Securities	84.52	77.74	94.25	110.88	33.37	-
Cash & Short-Term Investments	267.56	383.93	378.82	335.32	227.46	119.81
Cash Growth	-18.74%	1.35%	12.97%	47.42%	89.84%	-17.08%
Accounts Receivable	396.02	330.79	276.97	116.8	107.53	137.2
Other Receivables	101.74	106.77	74.78	28.43	20.31	21.14
Receivables	506.06	441.86	357.45	145.22	127.84	158.33
Inventory	6.71	6.8	6.56	5.49	0.77	0.92
Prepaid Expenses	38.86	46.62	31.2	6.84	1.62	1.19
Other Current Assets	19.28	3.05	3.73	2.22	1.47	0.13
Total Current Assets	838.48	882.25	777.76	495.09	359.16	280.39
Property, Plant & Equipment	106.25	106.17	54.15	0.52	0.95	1.29
Long-Term Investments	33.82	34.19	35.68	33.95	16.12	-
Goodwill	-	19.62	18.68	2.72	-	-
Other Intangible Assets	75.92	62.63	68.77	0.41	0	0.01
Other Long-Term Assets	5.09	7.01	5.84	-	-	-
Total Assets	1,060	1,112	960.87	532.69	376.23	281.69
Accounts Payable	171	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	3.11	3.5	1.88	-	0.06	0.06
Current Income Taxes Payable	10.44	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	226.22	239.88	150.03	33.22	17.79	19.9
Long-Term Debt	77.5	157.33	120	-	-	-
Long-Term Leases	7.72	8.73	4.78	-	0.48	0.54
Pension & Post-Retirement Benefits	137.35	125.87	108.2	33.39	28.71	25.96
Long-Term Deferred Tax Liabilities	4.04	4.64	6.41	-	-	-
Total Liabilities	452.83	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	459.58	425.34	415.72	279.37	177.13	85.29
Comprehensive Income & Other	-2.4	-0.15	5.11	5.04	2.12	-
Total Common Equity	607.17	575.18	571.05	465.43	329.25	235.29
Minority Interest	-0.45	0.24	0.41	0.65	-	-
Shareholders' Equity	606.72	575.42	571.45	466.08	329.25	235.29
Total Liabilities & Equity	1,060	1,112	960.87	532.69	376.23	281.69
Total Debt	130	248.47	156.65	0.2	0.54	0.6
Net Cash (Debt)	137.56	135.46	222.17	335.12	226.92	119.22
Net Cash Growth	2.25%	-39.03%	-33.70%	47.68%	90.34%	-17.12%
Net Cash Per Share	0.92	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	612.26	642.37	627.73	461.88	341.37	260.49
Book Value Per Share	4.05	3.83	3.81	3.10	2.19	1.57
Tangible Book Value	531.26	492.92	483.6	462.31	329.25	235.28
Tangible Book Value Per Share	3.54	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.