GQG Partners Balance Sheet

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

Millions USD. 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	133.35	94.39	64.94	19.48	56.79
Cash & Short-Term Investments	133.35	94.39	64.94	19.48	56.79
Cash Growth	41.28%	45.35%	233.34%	-65.70%	219.87%
Accounts Receivable	117.93	120.35	85.88	72.51	69.21
Other Receivables	0.06	4.02	-	-	-
Receivables	129.95	135.46	85.88	72.51	69.21
Prepaid Expenses	15.13	10.47	5.86	3.49	2.45
Restricted Cash	1.52	1.67	1.61	-	-
Total Current Assets	279.95	241.99	158.28	95.47	128.45
Property, Plant & Equipment	31.24	22.44	18.14	10.7	3.22
Long-Term Investments	18.26	17.22	14.81	11.84	8.48
Long-Term Deferred Tax Assets	163.94	182.27	198.28	216.84	234.52
Other Long-Term Assets	-	-	-	7.13	1.19
Total Assets	493.4	463.92	389.5	341.98	375.86
Accounts Payable	7.62	9.36	8.53	6.59	5.86
Accrued Expenses	11.17	16.81	10.42	11.42	4.61
Current Portion of Leases	4.36	3.71	3.32	-	-
Current Income Taxes Payable	-	-	-	0.14	14.45
Other Current Liabilities	-	-	-	-	58.01
Total Current Liabilities	23.15	29.88	22.28	18.15	82.93
Long-Term Leases	22.43	15.75	15.89	10.68	2.15
Other Long-Term Liabilities	4.7	3.34	1.79	1.05	-
Total Liabilities	50.29	48.98	39.96	29.88	85.08
Common Stock	2.96	2.96	2.95	2.95	2.95
Additional Paid-In Capital	258.03	252.19	248.17	245.22	241.38
Retained Earnings	183.72	159.75	98.41	63.93	46.44
Comprehensive Income & Other	-0.23	0.28	-	-	-
Total Common Equity	444.47	415.17	349.54	312.1	290.78
Minority Interest	-1.37	-0.23	-	-	-
Shareholders' Equity	443.11	414.94	349.54	312.1	290.78
Total Liabilities & Equity	493.4	463.92	389.5	341.98	375.86
Total Debt	26.79	19.46	19.22	10.68	2.15
Net Cash (Debt)	106.57	74.93	45.72	8.8	54.64
Net Cash Growth	42.22%	63.88%	419.70%	-83.90%	207.77%
Net Cash Per Share	0.04	0.03	0.02	0.00	0.02
Filing Date Shares Outstanding	2,958	2,955	2,953	2,953	2,953
Total Common Shares Outstanding	2,958	2,955	2,953	2,953	2,953
Working Capital	256.8	212.11	136.01	77.33	45.52
Book Value Per Share	0.15	0.14	0.12	0.11	0.10
Tangible Book Value	444.47	415.17	349.54	312.1	290.78
Tangible Book Value Per Share	0.15	0.14	0.12	0.11	0.10
Machinery	4.37	2.22	1.37	1.02	1.02
Leasehold Improvements	4.21	4.51	1.23	0.89	0.89

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