SPACE42 Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	473.84	762.06	819.52	56.77	18.75
Cash & Short-Term Investments	473.84	762.06	819.52	56.77	18.75
Cash Growth	-18.46%	-7.01%	1343.50%	202.82%	-
Accounts Receivable	1,031	952.29	620.54	350.33	150.12
Other Receivables	8.75	2.24	3.56	0.14	0.17
Receivables	1,040	954.53	624.1	350.47	150.3
Inventory	-	-	-	0.25	0.79
Prepaid Expenses	3.54	2.1	-	-	-
Other Current Assets	62.73	38.65	25.41	43.79	1.63
Total Current Assets	1,580	1,757	1,469	451.28	171.47
Property, Plant & Equipment	303.64	223.01	21.18	22.31	20.46
Other Intangible Assets	1.02	1.68	1.36	0.83	0.04
Other Long-Term Assets	-	-	-	-	37.97
Total Assets	1,884	1,982	1,492	474.43	229.94
Accounts Payable	134.84	612.54	5.26	5.15	1.5
Accrued Expenses	308.56	6.84	296.81	149.19	130.17
Short-Term Debt	-	-	59.08	53.79	-
Current Portion of Leases	2.77	1.23	-	-	-
Current Unearned Revenue	29.79	-	18.98	-	-
Other Current Liabilities	5.33	30.85	24.06	6.97	4.05
Total Current Liabilities	488.45	651.46	404.19	215.1	135.73
Long-Term Leases	5.67	0.99	-	-	-
Long-Term Unearned Revenue	-	-	-	-	1.54
Other Long-Term Liabilities	-	6.69	-	-	-
Total Liabilities	502.94	667.03	409.88	218.99	137.79
Common Stock	257.14	257.14	257.14	3	3
Additional Paid-In Capital	566.81	566.81	566.81	197	-
Retained Earnings	557.59	491.06	257.73	55.44	89.15
Shareholders' Equity	1,382	1,315	1,082	255.44	92.15
Total Liabilities & Equity	1,884	1,982	1,492	474.43	229.94
Total Debt	8.44	2.22	59.08	53.79	-
Net Cash (Debt)	465.4	759.84	760.44	2.98	18.75
Net Cash Growth	-19.92%	-0.08%	25388.17%	-84.09%	-
Net Cash Per Share	0.18	0.30	0.36	0.00	0.09
Filing Date Shares Outstanding	4,762	2,571	2,571	200	200
Total Common Shares Outstanding	2,571	2,571	2,571	200	200
Working Capital	1,091	1,106	1,065	236.18	35.74
Book Value Per Share	0.54	0.51	0.42	1.28	0.46
Tangible Book Value	1,381	1,313	1,080	254.61	92.11
Tangible Book Value Per Share	0.54	0.51	0.42	1.27	0.46
Machinery	-	176.89	62.78	55.19	52.18
Construction In Progress	-	97.35	-	5.47	-
Leasehold Improvements	-	7.51	7.33	-	-

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