Tungsten West PLC (AIM:TUN)

Tungsten West Balance Sheet

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

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	25.49	0.02	1.58	3.44	28.76
Short-Term Investments	10.64	2.77	2.63	4.46	2.34
Cash & Short-Term Investments	36.13	2.78	4.21	7.9	31.1
Cash Growth	1197.82%	-33.92%	-46.64%	-74.61%	788.57%
Accounts Receivable	0	0.01	0.06	0.3	0.15
Other Receivables	1.82	0.07	0.08	0.59	0.32
Receivables	1.82	0.08	0.14	0.89	0.47
Inventory	0.03	0.03	0.03	0.11	0.16
Prepaid Expenses	0.11	0.15	0.04	0.82	1.02
Total Current Assets	38.09	3.04	4.42	9.72	32.74
Property, Plant & Equipment	16.51	11.44	21.16	21.08	10.21
Goodwill	-	-	1.08	1.08	1.08
Other Intangible Assets	2.28	2.37	3.98	4.01	3.92
Long-Term Deferred Tax Assets	0.41	0.41	1.38	1.39	1.4
Other Long-Term Assets	14.91	14.63	11.06	5.15	8.37
Total Assets	72.2	31.89	43.08	42.42	57.71

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	1.86	1.18	0.43	0.54	0.69
Accrued Expenses	2.79	1.39	1.06	1.77	3.56
Short-Term Debt	-	24.68	11.59	-	-
Current Portion of Leases	0.1	0.09	0.11	0.11	0.19
Current Income Taxes Payable	-	-	0.26	-	-
Other Current Liabilities	-	0	-	0.02	0.03
Total Current Liabilities	4.75	27.34	13.45	2.45	4.48
Long-Term Leases	1.74	1.87	1.8	1.9	1.44
Long-Term Deferred Tax Liabilities	0.41	0.41	1.38	1.39	1.4
Other Long-Term Liabilities	7.03	6.7	5.14	5.7	9.53
Total Liabilities	13.93	36.32	21.77	11.44	16.85

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	15.05	1.89	1.87	1.81	1.79
Additional Paid-In Capital	277.03	51.95	51.95	51.88	51.61
Retained Earnings	-234.04	-58.59	-32.76	-23.81	-14.19
Comprehensive Income & Other	0.23	0.32	0.26	1.1	1.65
Shareholders' Equity	58.27	-4.43	21.31	30.98	40.87
Total Liabilities & Equity	72.2	31.89	43.08	42.42	57.71

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	1.85	26.64	13.5	2.02	1.63
Net Cash (Debt)	34.28	-23.86	-9.28	5.88	29.46
Net Cash Growth	-	-	-	-80.04%	-
Net Cash Per Share	0.02	-0.13	-0.05	0.03	0.25
Filing Date Shares Outstanding	1,505	188.73	187.07	180.55	179.37
Total Common Shares Outstanding	1,505	188.73	187.07	180.55	179.37
Working Capital	33.34	-24.31	-9.03	7.27	28.26
Book Value Per Share	0.04	-0.02	0.11	0.17	0.23
Tangible Book Value	55.99	-6.81	16.25	25.89	35.87
Tangible Book Value Per Share	0.04	-0.04	0.09	0.14	0.20
Land	5.19	5.19	5.19	5.19	4.45
Machinery	0.57	0.55	0.57	0.57	0.21
Construction In Progress	21.79	16.43	16.41	13.72	3.9

Data Source: S&P Global Market Intelligence Last updated: Sep 3, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 23, 2026

Data Sources Report a data error