Mendell Helium plc (AQU:MDH)

Mendell Helium Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	0.08	0.16	0.49	1.43
Short-Term Investments	0.14	-	-	-
Cash & Short-Term Investments	0.22	0.16	0.49	1.43
Cash Growth	34.97%	-66.73%	-65.61%	-
Accounts Receivable	0.06	0	0.01	0.01
Other Receivables	0.44	0.01	0.51	0
Receivables	0.51	0.01	0.52	0.01
Inventory	-	0.08	0.13	0.15
Prepaid Expenses	0.04	0.01	0.07	0.02
Other Current Assets	-	0.02	-	-
Total Current Assets	0.76	0.28	1.2	1.59
Property, Plant & Equipment	-	0.54	0.64	0.7
Long-Term Investments	-	0.05	-	-
Other Intangible Assets	-	0	0	0
Long-Term Accounts Receivable	0.38	-	-	-
Other Long-Term Assets	0.02	-	0.02	0.02
Total Assets	1.16	0.87	1.85	2.32
Accounts Payable	0.14	0.08	0.01	0
Accrued Expenses	0.05	0.09	0.08	0.06
Current Portion of Leases	0.05	0.06	0.07	0.04
Other Current Liabilities	0.02	0.02	0.02	-
Total Current Liabilities	0.26	0.25	0.18	0.1
Long-Term Leases	0.35	0.49	0.56	0.6
Other Long-Term Liabilities	0.03	-	-	-
Total Liabilities	0.64	0.74	0.74	0.7
Common Stock	0.44	0.14	0.14	0.09
Additional Paid-In Capital	2.64	2.05	2	1.51
Retained Earnings	-2.93	-2.25	-1.16	-0.05
Comprehensive Income & Other	0.38	0.19	0.14	0.07
Shareholders' Equity	0.53	0.13	1.12	1.62
Total Liabilities & Equity	1.16	0.87	1.85	2.32
Total Debt	0.4	0.56	0.63	0.64
Net Cash (Debt)	-0.18	-0.39	-0.14	0.78
Net Cash Per Share	-0.01	-0.03	-0.01	0.09
Filing Date Shares Outstanding	115.26	43.22	13.99	9.25
Total Common Shares Outstanding	43.89	14.4	13.99	9.25
Working Capital	0.51	0.03	1.02	1.5
Book Value Per Share	0.01	0.01	0.08	0.17
Tangible Book Value	0.53	0.13	1.12	1.61
Tangible Book Value Per Share	0.01	0.01	0.08	0.17
Machinery	0.01	0.09	0.09	0.07

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