Tungsten West PLC (AIM:TUN)

Tungsten West 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	0.02	1.58	3.44	28.76	3.5
Short-Term Investments	2.77	2.63	4.46	2.34	-
Cash & Short-Term Investments	2.78	4.21	7.9	31.1	3.5
Cash Growth	-33.92%	-46.64%	-74.61%	788.57%	28.57%
Accounts Receivable	0.01	0.06	0.3	0.15	0.03
Other Receivables	0.07	0.08	0.59	0.32	0.49
Receivables	0.08	0.14	0.89	0.47	0.53
Inventory	0.03	0.03	0.11	0.16	-
Prepaid Expenses	0.15	0.04	0.82	1.02	0.02
Total Current Assets	3.04	4.42	9.72	32.74	4.04
Property, Plant & Equipment	11.44	21.16	21.08	10.21	5.98
Goodwill	1.08	1.08	1.08	1.08	1.08
Other Intangible Assets	3.91	3.98	4.01	3.92	3.84
Long-Term Deferred Tax Assets	1.37	1.38	1.39	1.4	1.07
Other Long-Term Assets	13.24	11.06	5.15	8.37	10.06
Total Assets	34.07	43.08	42.42	57.71	26.07
Accounts Payable	1.18	0.43	0.54	0.69	0.49
Accrued Expenses	1.39	1.06	1.77	3.56	0.37
Short-Term Debt	24.68	11.59	-	-	-
Current Portion of Leases	0.09	0.11	0.11	0.19	0.08
Current Income Taxes Payable	-	0.26	-	-	-
Other Current Liabilities	0	-	0.02	0.03	0.63
Total Current Liabilities	27.34	13.45	2.45	4.48	1.56
Long-Term Debt	-	-	-	-	10.31
Long-Term Leases	1.87	1.8	1.9	1.44	1.42
Long-Term Deferred Tax Liabilities	1.37	1.38	1.39	1.4	1.07
Other Long-Term Liabilities	4.01	5.14	5.7	9.53	9.96
Total Liabilities	34.59	21.77	11.44	16.85	24.33
Common Stock	1.89	1.87	1.81	1.79	0.01
Additional Paid-In Capital	51.95	51.95	51.88	51.61	12.33
Retained Earnings	-54.68	-32.76	-23.81	-14.19	-11.41
Comprehensive Income & Other	0.32	0.26	1.1	1.65	0.82
Shareholders' Equity	-0.52	21.31	30.98	40.87	1.74
Total Liabilities & Equity	34.07	43.08	42.42	57.71	26.07
Total Debt	26.64	13.5	2.02	1.63	11.81
Net Cash (Debt)	-23.86	-9.28	5.88	29.46	-8.31
Net Cash Growth	-	-	-80.04%	-	-
Net Cash Per Share	-0.13	-0.05	0.03	0.25	-0.15
Filing Date Shares Outstanding	188.73	187.07	180.55	179.37	68.56
Total Common Shares Outstanding	188.73	187.07	180.55	179.37	68.56
Working Capital	-24.31	-9.03	7.27	28.26	2.48
Book Value Per Share	-0.00	0.11	0.17	0.23	0.03
Tangible Book Value	-5.51	16.25	25.89	35.87	-3.18
Tangible Book Value Per Share	-0.03	0.09	0.14	0.20	-0.05
Land	5.19	5.19	5.19	4.45	4.42
Machinery	0.55	0.57	0.57	0.21	0.04
Construction In Progress	16.43	16.41	13.72	3.9	-

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.