Learning Technologies Group plc (AIM: LTG)

AIM: 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	78.5	72.52	94.85	83.85	88.61	42.03
Cash & Short-Term Investments	78.5	72.52	94.85	83.85	88.61	42.03
Cash Growth	0.47%	-23.54%	13.12%	-5.38%	110.83%	56.87%
Accounts Receivable	123.5	133.72	169.31	155.75	30.74	33.63
Other Receivables	7.72	10.33	6.77	5.78	0.37	0.33
Receivables	131.21	144.05	176.07	161.53	31.11	33.95
Inventory	1.31	1.26	2.43	1.1	-	-
Prepaid Expenses	10.24	9.2	10	10.96	3.85	2.15
Restricted Cash	2.67	2.39	2.61	2.99	0.68	0.33
Other Current Assets	22.26	8.01	8.37	-	-	-
Total Current Assets	246.2	237.43	294.33	260.42	124.25	78.47
Property, Plant & Equipment	7.43	9.03	14.67	20.48	9.83	11.55
Long-Term Investments	-	-	-	1.02	-	-
Goodwill	324.52	335.49	351.51	337.75	156.86	134.99
Other Intangible Assets	136.58	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	8.12	6.15	4.08	2.39	7.61	4.22
Other Long-Term Assets	1.6	2.09	1.87	0.44	0.08	0.12
Total Assets	724.44	747.71	861.46	833.32	398.68	323.54
Accounts Payable	17.81	24.98	31.81	39.6	2.34	1.51
Accrued Expenses	47.1	46.4	45.12	52.94	12.87	9.04
Current Portion of Long-Term Debt	30.12	30.09	36.71	37.5	7.34	6.34
Current Portion of Leases	2.69	4.42	5.08	6.76	2.54	2.88
Current Income Taxes Payable	7.86	8.24	0.6	-	4.59	2.39
Current Unearned Revenue	56.08	63.4	99.3	70.15	45.5	49.22
Other Current Liabilities	1.77	7.53	10.48	14.25	1.7	3.23
Total Current Liabilities	163.42	185.06	229.12	221.2	76.86	74.6
Long-Term Debt	105.91	120.98	177.94	187.76	11.07	31.86
Long-Term Leases	6.15	6.91	9.79	15.09	7.72	9.08
Long-Term Unearned Revenue	0.08	0.41	3.52	1.94	4.78	3.35
Long-Term Deferred Tax Liabilities	4.65	5.74	11.5	31.67	25.62	25.26
Other Long-Term Liabilities	0.49	1.38	3.29	4.33	3.56	3.85
Total Liabilities	280.7	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	89.18	71.98	55.66	36.22	25.03	11.71
Comprehensive Income & Other	32.9	33.58	49.49	14.97	9.52	13.11
Shareholders' Equity	443.74	427.23	426.3	371.34	269.07	175.54
Total Liabilities & Equity	724.44	747.71	861.46	833.32	398.68	323.54
Total Debt	144.87	162.41	229.53	247.11	28.67	50.16
Net Cash (Debt)	-66.36	-89.89	-134.69	-163.26	59.94	-8.13
Net Cash Per Share	-0.08	-0.11	-0.16	-0.21	0.08	-0.01
Filing Date Shares Outstanding	791.16	790.86	789.42	787.24	738.89	668.72
Total Common Shares Outstanding	791.16	790.86	789.42	787.24	738.89	668.72
Working Capital	82.78	52.37	65.21	39.22	47.39	3.86
Book Value Per Share	0.56	0.54	0.54	0.47	0.36	0.26
Tangible Book Value	-17.36	-65.79	-118.91	-176.03	12.79	-52.93
Tangible Book Value Per Share	-0.02	-0.08	-0.15	-0.22	0.02	-0.08
Machinery	5.33	5.29	6.04	2.24	3.06	3.44
Leasehold Improvements	-	0.14	0.39	1.62	0.21	0.29

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