System1 Group PLC (AIM: SYS1)

System1 Group 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	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	9.61	9.61	5.72	11.17	9.01	6.65
Cash & Short-Term Investments	9.61	9.61	5.72	11.17	9.01	6.65
Cash Growth	68.04%	68.04%	-48.82%	24.05%	35.46%	54.11%
Accounts Receivable	6.39	6.39	6.05	3.96	5.58	4.9
Other Receivables	0.24	0.24	0.28	0.28	0.3	0.42
Receivables	6.63	6.63	6.33	4.24	5.89	5.31
Prepaid Expenses	0.9	0.9	0.43	0.45	0.31	0.35
Total Current Assets	17.14	17.14	12.48	15.86	15.21	12.31
Property, Plant & Equipment	0.23	0.23	0.81	2.05	1.44	3.97
Other Intangible Assets	0.14	0.14	0.27	0.38	0.42	0.37
Long-Term Accounts Receivable	-	-	0.09	-	-	-
Long-Term Deferred Tax Assets	0.15	0.15	0.2	0.29	0.29	0.63
Long-Term Deferred Charges	1.44	1.44	1.12	-	-	-
Total Assets	19.09	19.09	14.98	18.59	17.35	17.28
Accounts Payable	2.05	2.05	1.6	0.93	0.85	1.01
Accrued Expenses	4.51	4.51	2.11	2.63	2.29	2.2
Current Portion of Long-Term Debt	-	-	-	2.5	-	-
Current Portion of Leases	0.28	0.28	1.09	1.09	1.65	1
Current Income Taxes Payable	0.47	0.47	-	0.27	0.33	-
Current Unearned Revenue	1.14	1.14	0.76	0.99	0.8	0.67
Other Current Liabilities	0.01	0.01	0.1	0.08	0.2	0.3
Total Current Liabilities	8.46	8.46	5.66	8.48	6.12	5.18
Long-Term Debt	-	-	-	-	2.5	2.5
Long-Term Leases	0.07	0.07	0.36	1.42	0.93	3.27
Other Long-Term Liabilities	-	-	0.35	0.43	0.56	0.57
Total Liabilities	8.52	8.52	6.37	10.33	10.11	11.52
Common Stock	0.13	0.13	0.13	0.13	0.13	0.13
Additional Paid-In Capital	1.6	1.6	1.6	1.6	1.6	1.6
Retained Earnings	8.01	8.01	5.97	5.86	5.17	3.42
Comprehensive Income & Other	0.83	0.83	0.9	0.67	0.33	0.61
Shareholders' Equity	10.57	10.57	8.61	8.26	7.23	5.76
Total Liabilities & Equity	19.09	19.09	14.98	18.59	17.35	17.28
Total Debt	0.35	0.35	1.46	5.01	5.08	6.77
Net Cash (Debt)	9.26	9.26	4.26	6.17	3.93	-0.12
Net Cash Growth	117.31%	117.31%	-30.86%	56.78%	-	-
Net Cash Per Share	0.73	0.73	0.34	0.48	0.31	-0.01
Filing Date Shares Outstanding	12.68	12.68	12.68	12.74	12.72	12.6
Total Common Shares Outstanding	12.68	12.68	12.68	12.74	12.72	12.6
Working Capital	8.68	8.68	6.82	7.38	9.08	7.13
Book Value Per Share	0.83	0.83	0.68	0.65	0.57	0.46
Tangible Book Value	10.43	10.43	8.34	7.88	6.82	5.39
Tangible Book Value Per Share	0.82	0.82	0.66	0.62	0.54	0.43
Machinery	0.3	0.3	0.22	0.23	0.36	1.85

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