Solid State plc (AIM: SOLI)

Solid State Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	8.35	8.45	12.22	4.98	6.91	3.52
Cash & Short-Term Investments	8.35	8.45	12.22	4.98	6.91	3.52
Cash Growth	-5.22%	-30.91%	145.31%	-27.93%	96.59%	-4.74%
Accounts Receivable	18.78	28	16.38	14.95	11.68	11.11
Other Receivables	-	0.15	0.16	0.13	0.16	0.03
Receivables	18.78	28.15	16.54	15.07	11.84	11.14
Inventory	25.39	25.08	33.23	17.6	10.63	9.66
Prepaid Expenses	-	3.38	3.16	2.9	2.38	2.72
Total Current Assets	52.52	65.06	65.15	40.56	31.95	27.12
Property, Plant & Equipment	8.31	7.82	6.7	5.4	5.46	3.34
Goodwill	28.25	29.41	29.73	9.9	9.9	6.3
Other Intangible Assets	8.04	9.26	11.16	5.73	6.56	1.81
Long-Term Deferred Tax Assets	0.61	0.61	0.38	0.54	-	-
Long-Term Deferred Charges	1.34	1.44	0.68	0.2	0.1	0.1
Total Assets	99.07	113.58	113.79	62.33	53.97	38.68
Accounts Payable	13.87	10.01	12.92	8.08	4.19	5.75
Accrued Expenses	-	11.31	10.44	8.32	5.04	4.83
Short-Term Debt	-	2.06	-	2.06	-	-
Current Portion of Long-Term Debt	7.76	1.34	1.28	-	-	0.33
Current Portion of Leases	0.98	1.11	1.06	0.76	0.74	0.47
Current Income Taxes Payable	-	1.22	1.11	0.53	0.8	0.77
Current Unearned Revenue	5.81	6.46	5.38	3.46	2.3	2.49
Other Current Liabilities	0.05	0.45	6.38	4.71	2.66	0.01
Total Current Liabilities	28.48	33.96	38.56	27.92	15.73	14.66
Long-Term Debt	2.59	9.72	13.38	1.5	3.75	-
Long-Term Leases	2.74	2.47	0.99	1.33	1.8	0.68
Long-Term Deferred Tax Liabilities	1.95	1.98	2.19	1.83	1.49	0.51
Other Long-Term Liabilities	0.84	0.84	0.72	2.67	5.69	0.3
Total Liabilities	36.59	48.96	55.83	35.25	28.47	16.15
Common Stock	0.57	0.57	0.57	0.43	0.43	0.43
Additional Paid-In Capital	30.58	30.58	30.47	3.63	3.63	3.63
Retained Earnings	34.73	35.09	27.81	23.04	21.51	18.52
Treasury Stock	-0.04	-0.04	-0.11	-0.06	-0.07	-0.04
Comprehensive Income & Other	-3.37	-1.58	-0.83	0.04	0.01	-0
Total Common Equity	62.47	64.62	57.91	27.08	25.5	22.53
Minority Interest	-	-	0.05	-	-	-
Shareholders' Equity	62.47	64.62	57.95	27.08	25.5	22.53
Total Liabilities & Equity	99.07	113.58	113.79	62.33	53.97	38.68
Total Debt	14.07	16.69	16.71	5.64	6.29	1.48
Net Cash (Debt)	-5.72	-8.24	-4.48	-0.66	0.62	2.04
Net Cash Growth	-	-	-	-	-69.50%	-
Net Cash Per Share	-0.10	-0.14	-0.08	-0.02	0.01	0.05
Filing Date Shares Outstanding	56.94	56.78	56.69	56.58	42.77	42.71
Total Common Shares Outstanding	56.94	56.78	56.69	42.79	42.77	42.71
Working Capital	24.05	31.1	26.59	12.64	16.22	12.46
Book Value Per Share	1.10	1.14	1.02	0.63	0.60	0.53
Tangible Book Value	26.19	25.95	17.03	11.45	9.05	14.42
Tangible Book Value Per Share	0.46	0.46	0.30	0.27	0.21	0.34
Land	-	0.49	0.5	0.47	0.45	-
Machinery	-	7.65	7.18	4.94	4.25	3.99
Leasehold Improvements	-	2.7	2.07	1.98	1.95	1.52
Order Backlog	-	88.4	120.1	85.5	41.3	37.9

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