Malvern International Balance Sheet

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1.89	1.39	2.2	1.18	0.38
Cash & Short-Term Investments	1.89	1.39	2.2	1.18	0.38
Cash Growth	36.06%	-36.64%	85.89%	213.29%	264.03%
Accounts Receivable	0.37	0.79	0.44	0.41	0.71
Other Receivables	0.06	0.07	0.03	0.03	-
Receivables	0.44	0.86	0.47	0.44	0.71
Inventory	0.04	0.02	0.01	-	-
Prepaid Expenses	2.67	1.46	0.85	1.07	0.25
Other Current Assets	0.03	0.04	0.04	0.04	0.04
Total Current Assets	5.07	3.77	3.56	2.72	1.37
Property, Plant & Equipment	1.39	1.48	1.78	2.25	2.6
Goodwill	-	1.42	1.42	1.42	1.42
Other Intangible Assets	0.08	0.02	-	-	-
Total Assets	6.54	6.68	6.76	6.39	5.4
Accounts Payable	0.73	1.46	1.5	0.42	0.41
Accrued Expenses	2.54	1.64	1.32	1.54	0.57
Current Portion of Long-Term Debt	0.56	0.67	0.31	0.44	1.08
Current Portion of Leases	0.61	0.56	0.42	0.45	0.28
Current Unearned Revenue	3.42	3.08	2.46	2.2	0.9
Other Current Liabilities	1.53	0.26	0.2	0.1	0.03
Total Current Liabilities	9.39	7.68	6.21	5.14	3.27
Long-Term Debt	0.79	1.02	1.81	2.05	1.79
Long-Term Leases	1.24	1.53	2.09	2.62	3.08
Long-Term Deferred Tax Liabilities	0.01	-	-	0.01	0.01
Other Long-Term Liabilities	0.29	0.35	0.42	0.19	0.07
Total Liabilities	11.73	10.59	10.52	10.02	8.22
Common Stock	11.32	11.32	11.32	11.32	11.22
Additional Paid-In Capital	6.8	6.8	6.8	6.8	6.6
Retained Earnings	-23.34	-22.04	-21.9	-21.76	-20.68
Comprehensive Income & Other	0.03	0.02	0.01	0.01	0.03
Total Common Equity	-5.19	-3.9	-3.76	-3.63	-2.83
Shareholders' Equity	-5.19	-3.9	-3.76	-3.63	-2.83
Total Liabilities & Equity	6.54	6.68	6.76	6.39	5.4
Total Debt	3.21	3.79	4.63	5.56	6.23
Net Cash (Debt)	-1.31	-2.4	-2.43	-4.38	-5.85
Net Cash Per Share	-0.05	-0.10	-0.10	-0.20	-0.31
Filing Date Shares Outstanding	24.44	24.44	24.44	24.44	21.09
Total Common Shares Outstanding	24.44	24.44	24.44	24.44	21.09
Working Capital	-4.32	-3.91	-2.65	-2.42	-1.9
Book Value Per Share	-0.21	-0.16	-0.15	-0.15	-0.13
Tangible Book Value	-5.27	-5.34	-5.18	-5.05	-4.25
Tangible Book Value Per Share	-0.22	-0.22	-0.21	-0.21	-0.20
Machinery	0.15	0.14	0.48	0.42	0.41

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