Ceres Power Holdings 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	56.64	47.49	49.71	71.78	151.46	32.96
Short-Term Investments	47.43	54.97	90.25	110.54	93.13	69.23
Cash & Short-Term Investments	104.07	102.47	139.96	182.32	244.58	102.19
Cash Growth	-17.47%	-26.79%	-23.24%	-25.46%	139.35%	43.38%
Accounts Receivable	5.06	17.21	5	12.23	9.62	4.17
Other Receivables	7.07	8.01	7.23	12.81	5.28	5.72
Receivables	12.13	25.22	12.22	25.04	14.9	9.89
Inventory	2.67	2.76	2.83	5.71	3.15	2.11
Prepaid Expenses	1.5	1.43	1.19	0.87	0.67	0.65
Other Current Assets	-	0.88	0.01	0.05	1.39	0.09
Total Current Assets	120.37	132.75	156.2	213.99	264.69	114.91
Property, Plant & Equipment	23.03	25.42	28.02	29.03	20.58	18.95
Long-Term Investments	-	2.22	2.35	2.46	5.5	8
Other Intangible Assets	18.27	19.97	19.05	13.28	8.48	4.91
Other Long-Term Assets	0.74	0.74	0.74	0.74	0.74	0.74
Total Assets	162.41	181.1	206.37	259.51	299.99	147.51
Accounts Payable	1.46	2.01	3.62	4.8	2.43	1.75
Accrued Expenses	3.85	6.58	5.93	6.03	4.8	1.46
Current Portion of Leases	0.81	0.73	0.69	0.61	0.75	0.82
Current Income Taxes Payable	-	-	-	-	-	0.71
Current Unearned Revenue	13.83	10.93	7.84	7.61	5.31	8.72
Other Current Liabilities	2.47	1.97	2.11	1.07	1.94	7.3
Total Current Liabilities	22.42	22.22	20.19	20.11	15.22	20.77
Long-Term Leases	1.99	1.49	1.9	2.51	2.29	3.62
Long-Term Unearned Revenue	1.08	1.22	1.36	1.01	-	-
Other Long-Term Liabilities	2.36	2.34	2.28	2.11	1.83	1.61
Total Liabilities	27.85	27.27	25.74	25.74	19.34	26
Common Stock	19.38	19.37	19.3	19.21	19.07	17.22
Additional Paid-In Capital	406.65	406.65	406.18	405.46	404.73	227.68
Retained Earnings	-302.38	-283.1	-255.76	-201.82	-154.06	-134.3
Comprehensive Income & Other	10.91	10.91	10.91	10.91	10.91	10.91
Shareholders' Equity	134.56	153.83	180.64	233.77	280.66	121.51
Total Liabilities & Equity	162.41	181.1	206.37	259.51	299.99	147.51
Total Debt	2.8	2.22	2.6	3.12	3.04	4.45
Net Cash (Debt)	101.26	100.24	137.36	179.2	241.55	97.74
Net Cash Growth	-18.00%	-27.02%	-23.35%	-25.81%	147.13%	37.15%
Net Cash Per Share	0.52	0.52	0.71	0.94	1.30	0.60
Filing Date Shares Outstanding	193.81	193.77	192.97	192.32	190.73	172.76
Total Common Shares Outstanding	193.81	193.7	192.97	192.09	190.73	172.17
Working Capital	97.95	110.54	136.01	193.88	249.47	94.14
Book Value Per Share	0.69	0.79	0.94	1.22	1.47	0.71
Tangible Book Value	116.29	133.86	161.58	220.49	272.18	116.6
Tangible Book Value Per Share	0.60	0.69	0.84	1.15	1.43	0.68
Machinery	37.84	37.95	33.75	28.44	28.43	23.8
Construction In Progress	5.34	5.85	6.43	7.08	1.98	0.76
Leasehold Improvements	7.93	9.13	8.81	7.13	7.41	5.88
Order Backlog	-	-	-	-	78.7	-

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