Learning Technologies Group plc (AIM: LTG)

LTG 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	72.52	72.52	94.85	83.85	88.61	42.03
Cash & Short-Term Investments	72.52	72.52	94.85	83.85	88.61	42.03
Cash Growth	-23.54%	-23.54%	13.12%	-5.38%	110.83%	56.87%
Accounts Receivable	133.72	133.72	169.31	155.75	30.74	33.63
Other Receivables	10.33	10.33	6.77	5.78	0.37	0.33
Receivables	144.05	144.05	176.07	161.53	31.11	33.95
Inventory	1.26	1.26	2.43	1.1	-	-
Prepaid Expenses	9.2	9.2	10	10.96	3.85	2.15
Restricted Cash	2.39	2.39	2.61	2.99	0.68	0.33
Other Current Assets	8.01	8.01	8.37	-	-	-
Total Current Assets	237.43	237.43	294.33	260.42	124.25	78.47
Property, Plant & Equipment	9.03	9.03	14.67	20.48	9.83	11.55
Long-Term Investments	-	-	-	1.02	-	-
Goodwill	335.49	335.49	351.51	337.75	156.86	134.99
Other Intangible Assets	157.52	157.52	193.7	209.62	99.42	93.48
Long-Term Accounts Receivable	-	-	1.3	1.2	0.62	0.71
Long-Term Deferred Tax Assets	6.15	6.15	4.08	2.39	7.61	4.22
Other Long-Term Assets	2.09	2.09	1.87	0.44	0.08	0.12
Total Assets	747.71	747.71	861.46	833.32	398.68	323.54
Accounts Payable	24.98	24.98	31.81	39.6	2.34	1.51
Accrued Expenses	46.4	46.4	45.12	52.94	12.87	9.04
Current Portion of Long-Term Debt	30.09	30.09	36.71	37.5	7.34	6.34
Current Portion of Leases	4.42	4.42	5.08	6.76	2.54	2.88
Current Income Taxes Payable	8.24	8.24	0.6	-	4.59	2.39
Current Unearned Revenue	63.4	63.4	99.3	70.15	45.5	49.22
Other Current Liabilities	7.53	7.53	10.48	14.25	1.7	3.23
Total Current Liabilities	185.06	185.06	229.12	221.2	76.86	74.6
Long-Term Debt	120.98	120.98	177.94	187.76	11.07	31.86
Long-Term Leases	6.91	6.91	9.79	15.09	7.72	9.08
Long-Term Unearned Revenue	0.41	0.41	3.52	1.94	4.78	3.35
Long-Term Deferred Tax Liabilities	5.74	5.74	11.5	31.67	25.62	25.26
Other Long-Term Liabilities	1.38	1.38	3.29	4.33	3.56	3.85
Total Liabilities	320.48	320.48	435.16	461.98	129.61	147.99
Common Stock	2.97	2.97	2.96	3.03	2.85	2.51
Additional Paid-In Capital	318.7	318.7	318.18	317.11	231.67	148.22
Retained Earnings	71.98	71.98	55.66	36.22	25.03	11.71
Comprensive Income & Other	33.58	33.58	49.49	14.97	9.52	13.11
Shareholders' Equity	427.23	427.23	426.3	371.34	269.07	175.54
Total Liabilities & Equity	747.71	747.71	861.46	833.32	398.68	323.54
Total Debt	162.41	162.41	229.53	247.11	28.67	50.16
Net Cash (Debt)	-89.89	-89.89	-134.69	-163.26	59.94	-8.13
Net Cash Per Share	-0.11	-0.11	-0.16	-0.21	0.08	-0.01
Filing Date Shares Outstanding	790.86	790.86	789.42	787.24	738.89	668.72
Total Common Shares Outstanding	790.86	790.86	789.42	787.24	738.89	668.72
Working Capital	52.37	52.37	65.21	39.22	47.39	3.86
Book Value Per Share	0.54	0.54	0.54	0.47	0.36	0.26
Tangible Book Value	-65.79	-65.79	-118.91	-176.03	12.79	-52.93
Tangible Book Value Per Share	-0.08	-0.08	-0.15	-0.22	0.02	-0.08
Machinery	5.29	5.29	6.04	2.24	3.06	3.44
Leasehold Improvements	0.14	0.14	0.39	1.62	0.21	0.29

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