IP Group 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	117.2	115.6	100.9	88.7	105.7	127.6
Short-Term Investments	120.1	170	126	152.8	216.2	142.7
Cash & Short-Term Investments	237.3	285.6	226.9	241.5	321.9	270.3
Cash Growth	47.12%	25.87%	-6.05%	-24.98%	19.09%	38.69%
Accounts Receivable	8.2	0.7	0.6	2.1	1.7	1.5
Other Receivables	12	6.4	8.2	46.5	14.6	16
Receivables	20.2	7.1	8.8	48.6	16.3	17.5
Prepaid Expenses	-	0.8	0.8	0.8	0.4	0.6
Other Current Assets	-	13.9	-	0.7	1.2	0.8
Total Current Assets	257.5	307.4	236.5	291.6	339.8	289.2
Property, Plant & Equipment	0.6	0.8	1.4	0.4	0.3	0.8
Long-Term Investments	800.4	824.1	1,166	1,259	1,508	1,185
Goodwill	0.4	0.4	0.4	0.4	0.4	0.4
Other Long-Term Assets	6.8	18.5	7.8	6.9	31.3	-
Total Assets	1,066	1,151	1,412	1,558	1,879	1,475
Accounts Payable	10.4	0.3	0.5	1.3	0.5	0.6
Accrued Expenses	-	7.8	8.3	7.6	8.5	7.4
Current Portion of Long-Term Debt	6.3	6.3	6.3	6.3	15.4	15.4
Current Portion of Leases	-	1	1.4	0.9	1.3	0.9
Other Current Liabilities	-	3.4	6.9	7.1	8.4	2.1
Total Current Liabilities	16.7	18.8	23.4	23.2	34.1	26.4
Long-Term Debt	138	142.7	148.7	94.6	55.1	84.8
Long-Term Deferred Tax Liabilities	4.6	4.5	4.8	6.8	5.8	-
Other Long-Term Liabilities	23.3	32.7	44.4	57.1	46.2	32.2
Total Liabilities	182.6	198.7	221.3	181.7	141.2	143.4
Common Stock	18.4	19.5	21.3	21.3	21.3	21.3
Additional Paid-In Capital	102.5	102.5	102.5	102.5	102.4	101.6
Retained Earnings	772.6	842.2	1,076	1,258	1,618	1,209
Comprehensive Income & Other	2.9	1.8	-	-	-	-
Total Common Equity	896.4	966	1,199	1,382	1,741	1,331
Minority Interest	-13.3	-13.5	-9.1	-5.6	-3.1	0.5
Shareholders' Equity	883.1	952.5	1,190	1,376	1,738	1,332
Total Liabilities & Equity	1,066	1,151	1,412	1,558	1,879	1,475
Total Debt	144.3	150	156.4	101.8	71.8	101.1
Net Cash (Debt)	93	135.6	70.5	139.7	250.1	169.2
Net Cash Growth	900.00%	92.34%	-49.54%	-44.14%	47.81%	100.71%
Net Cash Per Share	0.10	0.13	0.07	0.14	0.23	0.16
Filing Date Shares Outstanding	918.42	975.29	1,037	1,035	1,041	1,062
Total Common Shares Outstanding	918.42	975.29	1,037	1,035	1,041	1,062
Working Capital	240.8	288.6	213.1	268.4	305.7	262.8
Book Value Per Share	0.98	0.99	1.16	1.33	1.67	1.25
Tangible Book Value	896	965.6	1,199	1,381	1,741	1,331
Tangible Book Value Per Share	0.98	0.99	1.16	1.33	1.67	1.25

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