Northern Bear PLC (AIM:NTBR)

Northern Bear Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	3.83	3.97	0.98	3.15	3.23	2.11
Cash & Short-Term Investments	3.83	3.97	0.98	3.15	3.23	2.11
Cash Growth	165.03%	306.34%	-68.95%	-2.57%	52.93%	-42.21%
Accounts Receivable	16.95	12.69	13.03	12.35	11.78	9.47
Receivables	16.95	12.69	13.03	12.35	11.78	9.47
Inventory	1.68	1.52	1.5	1.44	1.4	0.97
Prepaid Expenses	-	0.59	0.64	0.42	0.37	0.37
Total Current Assets	22.45	18.78	16.14	17.37	16.79	12.93
Property, Plant & Equipment	7.95	7.35	6.91	6.54	6.12	4.69
Goodwill	-	15.38	15.38	15.38	15.38	18
Other Intangible Assets	15.38	-	0.01	0.02	0.04	0.05
Long-Term Accounts Receivable	1.41	1.05	0.9	0.8	0.71	0.87
Total Assets	47.19	42.56	39.35	40.11	39.03	36.54
Accounts Payable	16.84	8.22	8.44	9.11	9.26	7.99
Current Portion of Long-Term Debt	0.04	0.7	0.76	0.04	0.04	0.03
Current Portion of Leases	0.74	0.73	0.72	0.7	0.61	0.53
Current Income Taxes Payable	1.72	0.76	0.35	0.19	0.06	0.06
Other Current Liabilities	0.47	6.77	3.86	4.84	4.56	4
Total Current Liabilities	19.81	17.17	14.14	14.87	14.51	12.6
Long-Term Debt	-	0.75	2.45	-	1	-
Long-Term Leases	1.28	1.06	1.24	1.5	1.61	1.04
Long-Term Deferred Tax Liabilities	1.26	1.27	1.23	1.06	0.88	0.49
Other Long-Term Liabilities	-	-	0.03	0.11	0.06	0.12
Total Liabilities	22.35	20.25	19.09	17.55	18.06	14.25
Common Stock	0.19	0.19	0.19	0.19	0.19	0.19
Additional Paid-In Capital	5.17	5.17	5.17	5.17	5.17	5.17
Retained Earnings	9.77	7.24	5.19	7.5	5.91	7.22
Comprehensive Income & Other	9.71	9.71	9.71	9.71	9.71	9.71
Shareholders' Equity	24.84	22.31	20.26	22.57	20.98	22.29
Total Liabilities & Equity	47.19	42.56	39.35	40.11	39.03	36.54
Total Debt	2.06	3.23	5.18	2.24	3.25	1.6
Net Cash (Debt)	1.76	0.74	-4.2	0.91	-0.02	0.51
Net Cash Per Share	0.13	0.05	-0.25	0.05	-0.00	0.03
Filing Date Shares Outstanding	13.76	13.76	13.75	18.73	18.73	18.67
Total Common Shares Outstanding	13.76	13.76	13.75	18.73	18.73	18.67
Working Capital	2.65	1.61	2	2.5	2.28	0.33
Book Value Per Share	1.81	1.62	1.47	1.21	1.12	1.19
Tangible Book Value	9.46	6.93	4.87	7.16	5.56	4.24
Tangible Book Value Per Share	0.69	0.50	0.35	0.38	0.30	0.23
Buildings	-	0.39	0.39	0.39	0.35	0.23
Machinery	-	10.22	9.3	8.36	7.65	6.72

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.