System1 Group Balance Sheet

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	12.39	12.87	9.61	5.72	11.17
Cash & Short-Term Investments	12.39	12.87	9.61	5.72	11.17
Cash Growth	-3.78%	33.93%	68.04%	-48.82%	24.04%
Accounts Receivable	7.3	6.82	7.26	6.34	4.49
Other Receivables	-	-	-	0.06	-
Total Trade Receivables	7.3	6.82	7.26	6.4	4.49
Other Current Assets	0.13	0.21	0.27	0.36	0.2
Total Current Assets	19.81	19.9	17.14	12.48	15.86
Net Property, Plant & Equipment	1.1	0.64	0.23	0.81	2.05
Other Intangible Assets	1.02	1.25	1.58	1.4	0.38
Other Long-Term Assets	0.22	0.19	0.15	0.3	0.29
Total Assets	22.16	21.98	19.09	14.98	18.59
Accounts Payable	5.28	5.95	6.56	3.7	3.55
Current Portion of Long-Term Debt	-	-	-	-	2.5
Current Portion of Leases	0.51	0.53	0.28	1.09	1.09
Unearned Revenue	1.12	0.76	1.14	0.76	0.99
Other Current Liabilities	0.35	0.64	0.48	0.1	0.34
Total Current Liabilities	7.27	7.88	8.46	5.66	8.48
Long-Term Leases	0.48	-	0.07	0.36	1.42
Other Long-Term Liabilities	-	-	-	0.35	0.43
Total Long-Term Liabilities	0.48	-	0.07	0.72	1.85
Total Liabilities	7.75	7.88	8.52	6.37	10.33
Common Stock	0.13	0.13	0.13	0.13	0.13
Additional Paid-in Capital	2.08	2.08	2.08	2.08	2.08
Accumulated Other Comprehensive Income	0.36	0.1	0.35	0.42	0.2
Retained Earnings	11.83	11.8	8.01	5.97	5.86
Shareholders' Equity	14.41	14.1	10.57	8.61	8.26
Total Liabilities & Equity	22.16	21.98	19.09	14.98	18.59
Total Debt	0.99	0.53	0.35	1.46	5.01
Net Cash (Debt)	11.39	12.35	9.26	4.26	6.17
Net Cash Growth	-7.73%	33.26%	117.31%	-30.86%	56.78%
Net Cash Per Share	0.90	0.97	0.73	0.34	0.48
Book Value	14.41	14.1	10.57	8.61	8.26
Book Value Per Share	1.13	1.11	0.83	0.68	0.64
Tangible Book Value	13.39	12.85	8.99	7.21	7.88
Tangible Book Value Per Share	1.05	1.01	0.71	0.57	0.61