Manolete Partners Balance Sheet

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1.06	0.69	1.45	0.64	2.26	1.14
Short-Term Investments	30.15	30.11	28.9	21.48	33.52	30.37
Cash & Short-Term Investments	31.21	30.8	30.36	22.12	35.78	31.52
Cash Growth	8.05%	1.47%	37.26%	-38.19%	13.52%	-6.34%
Accounts Receivable	19.75	19.19	14.86	11.83	7.77	7.52
Other Receivables	0.1	-	-	0.74	-	-
Receivables	19.84	19.19	14.86	12.57	7.77	7.52
Prepaid Expenses	0.14	0.19	0.22	0.23	0.18	0.17
Total Current Assets	51.19	50.17	45.43	34.91	43.72	39.2
Property, Plant & Equipment	-	-	-	-	0.09	0.26
Long-Term Investments	10.14	11.34	11.29	14.98	12.2	7.14
Other Intangible Assets	-	-	-	-	0.01	0.04
Long-Term Accounts Receivable	10.1	12.19	14.2	12.32	12.33	10.66
Long-Term Deferred Tax Assets	0.5	0.28	0.94	0.27	0.1	0.12
Total Assets	71.93	73.98	71.87	62.48	68.44	57.41
Accounts Payable	0.64	1.45	1.33	0.8	0.73	0.71
Accrued Expenses	11.2	10.47	6.85	4.1	3.39	1.81
Current Portion of Leases	-	-	-	-	0.1	0.19
Current Income Taxes Payable	-	-	-	-	0.4	0.34
Current Unearned Revenue	-	-	-	-	-	0.29
Other Current Liabilities	1.03	1.28	1.06	0.65	0.62	0.75
Total Current Liabilities	12.87	13.2	9.24	5.54	5.24	4.09
Long-Term Debt	11.88	11.76	13.73	10.38	13.29	7.7
Long-Term Leases	-	-	-	-	-	0.1
Long-Term Unearned Revenue	4.32	1.98	1.78	1.41	0.85	-
Other Long-Term Liabilities	1.82	5.6	6.65	5.98	6.85	6.6
Total Liabilities	30.89	32.54	31.4	23.32	26.22	18.49
Common Stock	0.18	0.18	0.18	0.18	0.18	0.17
Additional Paid-In Capital	0.2	0.16	0.16	0.16	0.14	0
Retained Earnings	39.48	39.96	39.06	38.13	41.47	38.22
Comprehensive Income & Other	1.19	1.15	1.08	0.7	0.43	0.53
Shareholders' Equity	41.04	41.44	40.47	39.16	42.22	38.93
Total Liabilities & Equity	71.93	73.98	71.87	62.48	68.44	57.41
Total Debt	11.88	11.76	13.73	10.38	13.38	7.98
Net Cash (Debt)	19.33	19.04	16.63	11.73	22.4	23.53
Net Cash Growth	17.95%	14.50%	41.72%	-47.60%	-4.84%	-9.15%
Net Cash Per Share	0.44	0.43	0.37	0.27	0.50	0.53
Filing Date Shares Outstanding	43.81	43.76	43.76	43.76	43.69	43.57
Total Common Shares Outstanding	43.81	43.76	43.76	43.76	43.69	43.57
Working Capital	38.32	36.98	36.2	29.37	38.48	35.12
Book Value Per Share	0.94	0.95	0.92	0.89	0.97	0.89
Tangible Book Value	41.04	41.44	40.47	39.16	42.21	38.89
Tangible Book Value Per Share	0.94	0.95	0.92	0.89	0.97	0.89

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