System1 Group PLC (AIM:SYS1)

System1 Group Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	12.87	9.61	5.72	11.17	9.01
Cash & Short-Term Investments	12.87	9.61	5.72	11.17	9.01
Cash Growth	33.93%	68.04%	-48.82%	24.04%	35.46%
Accounts Receivable	6.15	6.39	6.05	3.96	5.58
Other Receivables	0.24	0.24	0.28	0.28	0.3
Receivables	6.39	6.63	6.33	4.24	5.89
Prepaid Expenses	0.64	0.9	0.43	0.45	0.31
Total Current Assets	19.9	17.14	12.48	15.86	15.21
Property, Plant & Equipment	0.64	0.23	0.81	2.05	1.44
Other Intangible Assets	0	0.14	0.27	0.38	0.42
Long-Term Accounts Receivable	-	-	0.09	-	-
Long-Term Deferred Tax Assets	0.19	0.15	0.2	0.29	0.29
Long-Term Deferred Charges	1.25	1.44	1.12	-	-
Total Assets	21.98	19.09	14.98	18.59	17.35
Accounts Payable	1.26	2.05	1.6	0.93	0.85
Accrued Expenses	4.7	4.51	2.11	2.63	2.29
Current Portion of Long-Term Debt	-	-	-	2.5	-
Current Portion of Leases	0.53	0.28	1.09	1.09	1.65
Current Income Taxes Payable	0.64	0.47	-	0.27	0.33
Current Unearned Revenue	0.76	1.14	0.76	0.99	0.8
Other Current Liabilities	-	0.01	0.1	0.08	0.2
Total Current Liabilities	7.88	8.46	5.66	8.48	6.12
Long-Term Debt	-	-	-	-	2.5
Long-Term Leases	-	0.07	0.36	1.42	0.93
Other Long-Term Liabilities	-	-	0.35	0.43	0.56
Total Liabilities	7.88	8.52	6.37	10.33	10.11
Common Stock	0.13	0.13	0.13	0.13	0.13
Additional Paid-In Capital	1.6	1.6	1.6	1.6	1.6
Retained Earnings	11.8	8.01	5.97	5.86	5.17
Comprehensive Income & Other	0.57	0.83	0.9	0.67	0.33
Shareholders' Equity	14.1	10.57	8.61	8.26	7.23
Total Liabilities & Equity	21.98	19.09	14.98	18.59	17.35
Total Debt	0.53	0.35	1.46	5.01	5.08
Net Cash (Debt)	12.35	9.26	4.26	6.17	3.93
Net Cash Growth	33.26%	117.31%	-30.86%	56.78%	-
Net Cash Per Share	0.97	0.73	0.34	0.48	0.31
Filing Date Shares Outstanding	12.69	12.68	12.68	12.74	12.72
Total Common Shares Outstanding	12.69	12.68	12.68	12.74	12.72
Working Capital	12.02	8.68	6.82	7.38	9.08
Book Value Per Share	1.11	0.83	0.68	0.65	0.57
Tangible Book Value	14.1	10.43	8.34	7.88	6.82
Tangible Book Value Per Share	1.11	0.82	0.66	0.62	0.54
Machinery	0.43	0.3	0.22	0.23	0.36

Updated Dec 3, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.