TT Electronics Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	55.7	69.2	74.1	65	68.3	70.2
Cash & Short-Term Investments	55.7	69.2	74.1	65	68.3	70.2
Cash Growth	-14.44%	-6.61%	14.00%	-4.83%	-2.71%	0.57%
Accounts Receivable	87.9	77.8	73.1	104.4	72.9	58.2
Other Receivables	2.9	10.4	6.6	8.9	9.6	11.8
Receivables	90.8	88.2	79.7	113.3	82.5	70
Inventory	110.3	132.7	142.7	189.2	141.8	98.2
Prepaid Expenses	-	5.9	7.1	8.1	6.3	4.3
Other Current Assets	1.8	0.7	53.2	3.1	4	5.8
Total Current Assets	258.6	296.7	356.8	378.7	302.9	248.5
Property, Plant & Equipment	54.3	59.2	77.1	74.4	70	65.4
Goodwill	97.9	105.4	140.8	155.1	156.5	155.7
Other Intangible Assets	26	25.4	27.8	44.6	43.7	50.1
Long-Term Deferred Tax Assets	13.1	13.1	16.6	13.2	11.3	8.9
Long-Term Deferred Charges	-	5.4	4.9	9.1	8	7
Other Long-Term Assets	11.1	7.1	26.1	32.1	79	37.2
Total Assets	461	512.3	650.1	707.2	671.4	572.8
Accounts Payable	109.5	61.3	68.5	97	77.7	51.1
Accrued Expenses	-	23.9	27.4	27.9	26.4	21
Short-Term Debt	-	0.1	1.2	3.7	1.1	1.2
Current Portion of Long-Term Debt	-	-	-	-	-	1.1
Current Portion of Leases	3.6	4	3.8	4.4	4.1	3.6
Current Income Taxes Payable	13.3	16.7	13.6	13.7	11.1	12.2
Current Unearned Revenue	-	22.5	21	31.3	16.1	3.8
Other Current Liabilities	9.7	17.8	41	20	13.5	17.3
Total Current Liabilities	136.1	146.3	176.5	198	150	111.3
Long-Term Debt	129	149.2	181.9	176.6	147.1	135.9
Long-Term Leases	10.8	13.3	14.4	18.7	18.5	12.3
Pension & Post-Retirement Benefits	1.4	1.5	3.1	2.9	3.9	4.9
Long-Term Deferred Tax Liabilities	5.4	3.5	7	12.4	20.2	8.6
Other Long-Term Liabilities	1.5	3.6	1.7	1.6	1.7	1.8
Total Liabilities	284.2	317.4	384.6	410.2	341.4	274.8
Common Stock	44.6	44.5	44.3	44.1	44.1	43.6
Additional Paid-In Capital	24.7	24.6	24	22.9	22.6	21.7
Retained Earnings	72.6	80	144.6	167.6	221	195.2
Comprehensive Income & Other	34.9	45.8	52.6	62.4	40.3	35.5
Total Common Equity	176.8	194.9	265.5	297	328	296
Minority Interest	-	-	-	-	2	2
Shareholders' Equity	176.8	194.9	265.5	297	330	298
Total Liabilities & Equity	461	512.3	650.1	707.2	671.4	572.8
Total Debt	143.4	166.6	201.3	203.4	170.8	154.1
Net Cash (Debt)	-87.7	-97.4	-127.2	-138.4	-102.5	-83.9
Net Cash Per Share	-0.49	-0.55	-0.72	-0.79	-0.58	-0.50
Filing Date Shares Outstanding	177.7	177.3	176.92	176.01	175.18	174.43
Total Common Shares Outstanding	177.7	177.3	176.92	176.01	175.18	174.43
Working Capital	122.5	150.4	180.3	180.7	152.9	137.2
Book Value Per Share	0.99	1.10	1.50	1.69	1.87	1.70
Tangible Book Value	52.9	64.1	96.9	97.3	127.8	90.2
Tangible Book Value Per Share	0.30	0.36	0.55	0.55	0.73	0.52
Land	-	27.3	25.9	27.6	24.2	29.7
Machinery	-	157.4	155	171.8	171.8	177

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