Seascape Energy Asia 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	4.12	2.47	2.83	12.06	26.28
Short-Term Investments	0.01	0	-	-	-
Cash & Short-Term Investments	4.13	2.47	2.83	12.06	26.28
Cash Growth	67.15%	-12.86%	-76.50%	-54.12%	274.33%
Accounts Receivable	-	0	0.08	0.01	0.02
Other Receivables	0.13	0.09	1.17	40.96	8.27
Receivables	0.13	0.09	1.25	40.97	8.29
Inventory	-	-	-	0.12	0.09
Prepaid Expenses	0.19	0.02	0.1	0.72	0.99
Restricted Cash	2.11	0.52	0.85	-	-
Other Current Assets	-	1.02	-	-	-
Total Current Assets	6.55	4.12	5.03	53.87	35.66
Property, Plant & Equipment	0.03	0.3	0.58	35.17	24.58
Long-Term Investments	-	-	12.46	-	-
Other Intangible Assets	2.92	-	-	-	-
Other Long-Term Assets	1.41	-	-	0.1	-
Total Assets	10.91	4.42	18.07	89.15	60.24
Accounts Payable	0.21	0.08	0.26	2.84	0.58
Accrued Expenses	1.41	1.28	0.62	1.68	2.99
Short-Term Debt	-	-	-	36.76	-
Current Portion of Leases	-	-	-	0.12	0.1
Other Current Liabilities	-	0.09	0.02	0.71	1.2
Total Current Liabilities	1.62	1.44	0.89	42.11	4.87
Long-Term Leases	-	-	-	0.37	0.49
Long-Term Deferred Tax Liabilities	-	0	-	25.74	18.77
Other Long-Term Liabilities	0.29	0.31	0.24	-	-
Total Liabilities	1.91	1.75	1.13	68.21	24.12
Common Stock	6.31	6.28	5.71	5.67	5.67
Additional Paid-In Capital	36.88	36.81	35.61	35.57	35.57
Retained Earnings	-35.86	-41.34	-26.16	-21.98	-6.5
Comprehensive Income & Other	1.66	0.91	1.79	1.67	1.38
Shareholders' Equity	9	2.66	16.94	20.93	36.12
Total Liabilities & Equity	10.91	4.42	18.07	89.15	60.24
Total Debt	-	-	-	37.25	0.58
Net Cash (Debt)	4.13	2.47	2.83	-25.19	25.7
Net Cash Growth	67.15%	-12.86%	-	-	266.03%
Net Cash Per Share	0.07	0.04	0.05	-0.44	0.71
Filing Date Shares Outstanding	70.34	62.82	57.11	56.67	56.67
Total Common Shares Outstanding	63.13	62.82	57.11	56.67	56.67
Working Capital	4.93	2.68	4.13	11.76	30.79
Book Value Per Share	0.14	0.04	0.30	0.37	0.64
Tangible Book Value	6.08	2.66	16.94	20.93	36.12
Tangible Book Value Per Share	0.10	0.04	0.30	0.37	0.64
Machinery	0.07	0.05	0.04	0.1	0.04

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