Franchise Brands Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	15.29	12.92	12.28	10.94	9.05
Cash & Short-Term Investments	15.29	12.92	12.28	10.94	9.05
Cash Growth	18.36%	5.24%	12.28%	20.77%	-31.42%
Accounts Receivable	43.95	26.66	28.34	16.21	14.9
Other Receivables	0.91	10.56	10.58	8.58	1.37
Receivables	44.86	37.22	38.91	24.79	16.27
Inventory	7.27	7.58	7.06	1.99	0.91
Prepaid Expenses	-	3.39	3.19	0.42	0.25
Other Current Assets	0.09	0.1	0.08	5.55	-
Total Current Assets	67.5	61.2	61.52	43.68	26.48
Property, Plant & Equipment	15.94	15.77	13.76	5.78	5.33
Goodwill	-	169.96	169.96	59.08	24.13
Other Intangible Assets	286.18	125.58	135.37	25.58	11.15
Long-Term Accounts Receivable	2.63	-	-	-	-
Long-Term Deferred Charges	0.42	0.45	0.43	0.4	-
Other Long-Term Assets	-	0.33	0.64	0.81	0.18
Total Assets	372.67	373.3	381.68	135.34	67.27
Accounts Payable	35.65	12.46	12.2	6.63	4.37
Accrued Expenses	-	13.93	15.73	10.05	6.82
Short-Term Debt	17.22	-	-	-	-
Current Portion of Long-Term Debt	-	9.31	9.25	-	-
Current Portion of Leases	3.25	3.06	2.86	0.83	0.75
Current Income Taxes Payable	1.09	0.78	0.6	-	0.21
Current Unearned Revenue	1.34	2.24	1.32	0.87	-
Other Current Liabilities	-	4.64	5.43	6.66	1.3
Total Current Liabilities	58.55	46.41	47.39	25.04	13.46
Long-Term Debt	51.63	67.43	76.91	-	-
Long-Term Leases	8.4	8.18	6.53	1.63	1.78
Long-Term Unearned Revenue	3.21	1.89	2.89	1.85	-
Long-Term Deferred Tax Liabilities	29.37	30.83	33.92	4.13	2.14
Other Long-Term Liabilities	-	-	-	-	2.57
Total Liabilities	151.16	154.74	167.64	32.65	19.94
Common Stock	0.97	0.97	0.97	0.65	0.48
Additional Paid-In Capital	131.13	131.13	131.13	37.29	36.97
Retained Earnings	15.73	13.14	10.22	11.16	7.7
Comprehensive Income & Other	73.69	73.33	71.71	53.58	2.18
Shareholders' Equity	221.51	218.56	214.04	102.68	47.33
Total Liabilities & Equity	372.67	373.3	381.68	135.34	67.27
Total Debt	80.51	87.98	95.55	2.46	2.53
Net Cash (Debt)	-65.22	-75.06	-83.27	8.48	6.52
Net Cash Growth	-	-	-	30.03%	31.50%
Net Cash Per Share	-0.34	-0.39	-0.47	0.07	0.07
Filing Date Shares Outstanding	192	192.54	192.22	128.54	95.65
Total Common Shares Outstanding	192	192.54	192.22	128.54	95.65
Working Capital	8.95	14.8	14.13	18.64	13.02
Book Value Per Share	1.15	1.14	1.11	0.80	0.49
Tangible Book Value	-64.66	-76.97	-91.29	18.02	12.05
Tangible Book Value Per Share	-0.34	-0.40	-0.47	0.14	0.13
Machinery	-	6.76	6.23	4.22	4.11
Leasehold Improvements	-	0.54	0.42	0.26	0.35

Source: S&P Global Market Intelligence. Standard template. Financial Sources.