Switch Metals Plc (AIM:SWT)

Switch Metals Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 31, 2024
Cash & Equivalents	0.54	0.07	0.78
Cash & Short-Term Investments	0.54	0.07	0.78
Cash Growth	667.45%	-91.06%	-
Other Receivables	0.02	0.04	0.02
Receivables	0.02	0.04	0.02
Prepaid Expenses	0.03	0.02	0.02
Total Current Assets	0.59	0.13	0.82
Property, Plant & Equipment	3.37	-	-
Total Assets	3.96	0.52	0.82

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 31, 2024
Accounts Payable	0.06	0.15	0
Accrued Expenses	0.21	0.28	0.03
Short-Term Debt	-	0.05	-
Current Income Taxes Payable	0	0	0
Total Current Liabilities	0.27	0.49	0.03
Total Liabilities	0.27	0.49	0.03

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 31, 2024
Common Stock	1	0.38	0.38
Additional Paid-In Capital	5.92	1.03	1.03
Retained Earnings	-3.76	-1.53	-0.69
Comprehensive Income & Other	0.52	0.15	0.07
Shareholders' Equity	3.69	0.03	0.78
Total Liabilities & Equity	3.96	0.52	0.82

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 31, 2024
Total Debt	-	0.05	-
Net Cash (Debt)	0.54	0.02	0.78
Net Cash Growth	2619.48%	-97.48%	-
Net Cash Per Share	0.01	0.00	0.02
Filing Date Shares Outstanding	118.11	44.52	36.24
Total Common Shares Outstanding	118.11	44.52	36.24
Working Capital	0.31	-0.36	0.78
Book Value Per Share	0.03	0.00	0.02
Tangible Book Value	3.69	0.03	0.78
Tangible Book Value Per Share	0.03	0.00	0.02
Machinery	0.13	-	-

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 24, 2026

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