SRT Marine Systems Balance Sheet

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	14.27	4.27	2.78	2.18	5.92	5.29
Cash & Short-Term Investments	14.27	4.27	2.78	2.18	5.92	5.29
Cash Growth	262.98%	53.84%	27.30%	-63.18%	12.07%	475.36%
Accounts Receivable	37.44	47.48	1.1	1.82	0.53	2.17
Other Receivables	2.85	3.35	1.01	1.5	1.19	0.17
Receivables	40.29	50.83	2.11	3.31	1.72	2.34
Inventory	3.32	4.07	8.05	3.47	2.36	2.37
Prepaid Expenses	-	4.48	1.08	3.48	3.1	1.26
Restricted Cash	27.38	5.68	0.95	0.95	0.91	-
Total Current Assets	85.26	69.33	14.96	13.39	14.02	11.25
Property, Plant & Equipment	1.34	1.32	1.13	1.26	1.33	1.69
Goodwill	-	0.63	0.63	0.63	0.63	0.63
Other Intangible Assets	17	-	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	0.79
Long-Term Deferred Charges	-	15.28	13.54	11.12	8.73	7.64
Other Long-Term Assets	3.49	0.85	-	-	-	-
Total Assets	107.09	87.41	30.27	26.41	24.71	22.01
Accounts Payable	58.07	5.22	2.43	2.47	1.48	1
Accrued Expenses	-	36.81	1.27	4.52	4.79	0.5
Current Portion of Long-Term Debt	2.24	10.72	10.71	8	7.25	8.52
Current Portion of Leases	0.22	0.24	0.24	0.24	0.2	0.26
Current Income Taxes Payable	2.38	1.25	-	0.2	0.16	0.12
Other Current Liabilities	-	0.08	0.1	0.02	0.03	0.03
Total Current Liabilities	62.91	54.3	14.76	15.45	13.91	10.43
Long-Term Debt	13.99	5.88	2.96	-	0.31	-
Long-Term Leases	0.31	0.37	0.5	0.65	0.7	0.86
Total Liabilities	77.2	60.55	18.21	16.1	14.92	11.29
Common Stock	0.25	0.25	0.22	0.18	0.18	0.16
Additional Paid-In Capital	42.19	42.19	33.18	18.21	18.07	13.43
Retained Earnings	-21.49	-24.53	-26.84	-13.58	-13.95	-8.36
Comprehensive Income & Other	8.94	8.94	5.49	5.49	5.49	5.49
Shareholders' Equity	29.89	26.85	12.05	10.31	9.79	10.72
Total Liabilities & Equity	107.09	87.41	30.27	26.41	24.71	22.01
Total Debt	16.76	17.2	14.4	8.89	8.46	9.64
Net Cash (Debt)	-2.49	-12.93	-11.63	-6.71	-2.54	-4.35
Net Cash Per Share	-0.01	-0.05	-0.06	-0.04	-0.02	-0.03
Filing Date Shares Outstanding	251.59	250.21	222.63	192.26	180.68	164.25
Total Common Shares Outstanding	251.59	250.21	222.63	181.52	180.68	164.25
Working Capital	22.35	15.03	0.2	-2.06	0.11	0.83
Book Value Per Share	0.12	0.11	0.05	0.06	0.05	0.07
Tangible Book Value	12.89	26.22	11.42	9.67	9.16	10.09
Tangible Book Value Per Share	0.05	0.10	0.05	0.05	0.05	0.06
Machinery	-	3.31	2.76	2.49	2.29	2.11

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