Arecor Therapeutics plc (AIM: AREC)

Arecor Therapeutics Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5.09	5.09	4.77	18.32	2.9	3.07
Short-Term Investments	1.66	1.66	8.04	-	-	-
Cash & Short-Term Investments	6.75	6.75	12.81	18.32	2.9	3.07
Cash Growth	-47.27%	-47.27%	-30.08%	532.02%	-5.72%	-10.83%
Accounts Receivable	2.27	2.27	0.66	0.71	0.08	0.5
Other Receivables	1.06	1.06	2.16	0.86	0.78	0.31
Receivables	3.32	3.32	2.82	1.57	0.86	0.81
Inventory	0.77	0.77	1.13	-	-	-
Prepaid Expenses	0.32	0.32	0.72	0.63	0.06	0.03
Total Current Assets	11.17	11.17	17.48	20.52	3.82	3.92
Property, Plant & Equipment	0.83	0.83	0.84	0.33	0.38	0.3
Goodwill	1.48	1.48	1.48	-	-	-
Other Intangible Assets	1.81	1.81	1.92	0.03	0.04	0.05
Other Long-Term Assets	0.08	0.08	0.05	0.05	0.05	0.05
Total Assets	15.38	15.38	21.77	20.92	4.28	4.31
Accounts Payable	2.25	2.25	1.71	0.52	0.47	0.37
Accrued Expenses	2.13	2.13	1.27	1.17	0.69	0.27
Current Portion of Leases	0.12	0.12	0.2	0.13	0.11	0.1
Current Income Taxes Payable	0.1	0.1	0.12	0.09	0.05	0.05
Current Unearned Revenue	0.23	0.23	0.21	0.35	0.08	0.24
Other Current Liabilities	0.32	0.32	0.22	0.02	0.02	0.02
Total Current Liabilities	5.15	5.15	3.73	2.27	1.41	1.04
Long-Term Debt	-	-	-	-	1.7	-
Long-Term Leases	0.22	0.22	0.09	0.11	0.19	0.06
Long-Term Deferred Tax Liabilities	0.45	0.45	0.5	-	-	-
Other Long-Term Liabilities	0.03	0.03	-	-	0.21	-
Total Liabilities	5.85	5.85	4.31	2.37	3.51	1.1
Common Stock	0.31	0.31	0.31	0.28	0.03	0.03
Additional Paid-In Capital	28.98	28.98	28.98	23.35	11.59	11.59
Retained Earnings	-34.72	-34.72	-26.18	-17.05	-11.89	-9.14
Comprensive Income & Other	14.97	14.97	14.35	11.97	1.05	0.73
Shareholders' Equity	9.53	9.53	17.46	18.55	0.77	3.21
Total Liabilities & Equity	15.38	15.38	21.77	20.92	4.28	4.31
Total Debt	0.34	0.34	0.29	0.23	2	0.16
Net Cash (Debt)	6.41	6.41	12.52	18.09	0.9	2.92
Net Cash Growth	-48.76%	-48.76%	-30.78%	1902.77%	-69.03%	-9.61%
Net Cash Per Share	0.21	0.21	0.43	0.79	0.06	0.18
Filing Date Shares Outstanding	30.63	30.63	30.62	27.84	27.68	15.77
Total Common Shares Outstanding	30.63	30.63	30.62	27.84	16.29	15.77
Working Capital	6.02	6.02	13.75	18.25	2.41	2.88
Book Value Per Share	0.31	0.31	0.57	0.67	0.05	0.20
Tangible Book Value	6.23	6.23	14.05	18.52	0.74	3.16
Tangible Book Value Per Share	0.20	0.20	0.46	0.67	0.05	0.20
Machinery	1.18	1.18	1.17	0.76	0.71	0.67
Leasehold Improvements	0.14	0.14	0.1	0.08	0.08	0.08

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