Tialis Essential IT Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.66	0.85	0.27	0.41	0.35
Cash & Short-Term Investments	0.66	0.85	0.27	0.41	0.35
Cash Growth	-22.25%	211.68%	-33.82%	18.63%	-49.64%
Accounts Receivable	3.43	3.67	4.37	3.16	3.51
Receivables	3.43	3.67	4.37	3.16	3.51
Prepaid Expenses	-	0.65	0.65	0.5	0.46
Total Current Assets	4.09	5.17	5.29	4.08	4.32
Property, Plant & Equipment	0.48	0.69	0.87	0.97	0.81
Long-Term Investments	7.01	-	-	-	-
Other Intangible Assets	3.56	4.85	7.17	7.17	8.23
Long-Term Accounts Receivable	0.8	-	-	-	-
Long-Term Deferred Tax Assets	3.7	3.48	3.34	3.11	2.27
Other Long-Term Assets	0.91	0.1	0.1	0.1	0.31
Total Assets	20.54	14.29	16.77	15.42	15.94
Accounts Payable	2.57	1.27	2.43	2.72	3.08
Accrued Expenses	-	0.59	0.92	0.98	1.39
Short-Term Debt	0.35	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.1
Current Portion of Leases	-	0.33	0.26	0.21	0.15
Current Income Taxes Payable	-	1.18	0.95	0.85	0.75
Current Unearned Revenue	0.32	0.77	0.68	0.05	0.05
Other Current Liabilities	-	1.05	0.09	-	0.26
Total Current Liabilities	3.24	5.19	5.32	4.81	5.77
Long-Term Debt	3.12	4.34	3.97	3.63	17.16
Long-Term Leases	-	0.35	0.6	0.77	0.71
Other Long-Term Liabilities	0.39	0.35	0.3	0.25	0.93
Total Liabilities	6.75	10.23	10.19	9.45	24.57
Common Stock	12.77	12.61	12.61	12.59	12.42
Additional Paid-In Capital	63.75	52.96	52.87	50.75	35.88
Retained Earnings	-63.74	-62.15	-58.96	-57.43	-56.84
Comprehensive Income & Other	0.84	0.64	0.07	0.06	-0.09
Total Common Equity	13.61	4.06	6.58	5.97	-8.63
Minority Interest	0.18	-	-	-	-
Shareholders' Equity	13.79	4.06	6.58	5.97	-8.63
Total Liabilities & Equity	20.54	14.29	16.77	15.42	15.94
Total Debt	3.47	5.01	4.82	4.61	18.11
Net Cash (Debt)	-2.8	-4.16	-4.55	-4.19	-17.77
Net Cash Per Share	-0.10	-0.17	-0.19	-1.00	-3.85
Filing Date Shares Outstanding	33.16	24.33	24.22	21.83	4.97
Total Common Shares Outstanding	33.16	24.33	24.22	21.83	4.97
Working Capital	0.85	-0.02	-0.03	-0.73	-1.45
Book Value Per Share	0.41	0.17	0.27	0.27	-1.74
Tangible Book Value	10.06	-0.79	-0.59	-1.2	-16.86
Tangible Book Value Per Share	0.30	-0.03	-0.02	-0.05	-3.39
Machinery	-	0.25	0.22	0.15	0.06

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