learnd SE Balance Sheet

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

Millions GBP. 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	6.07	3.44	1.77	1.68	1.42
Cash & Short-Term Investments	6.07	3.44	1.77	1.68	1.42
Cash Growth	76.61%	94.41%	5.35%	17.87%	-24.82%
Accounts Receivable	-	9.12	5.17	3.9	3.6
Other Receivables	1.98	6.36	4.23	2.21	0.26
Receivables	2.85	15.48	9.4	6.11	3.86
Inventory	-	0.82	0.62	0.85	0.31
Prepaid Expenses	-	1.34	0.31	0.39	1.59
Other Current Assets	-	-	-0	-	-
Total Current Assets	8.93	21.08	12.1	9.31	7.18
Property, Plant & Equipment	-	5.38	2.74	2.24	0.27
Long-Term Investments	17.55	-	-	-	-
Goodwill	-	15.66	7.67	5.17	4.21
Other Intangible Assets	-	2.86	1.01	0.19	0.04
Long-Term Deferred Tax Assets	-	0.11	0.11	-	-
Long-Term Deferred Charges	-	1.1	1.07	1	-
Total Assets	26.47	46.18	24.7	17.92	11.69
Accounts Payable	0.84	5.85	3.28	2.85	2.01
Accrued Expenses	0.28	4.71	6.7	2	4.63
Short-Term Debt	-	0.53	3.61	3.46	3
Current Portion of Long-Term Debt	-	1.18	0.6	0.26	0.68
Current Portion of Leases	-	1.19	0.73	0.55	-
Current Income Taxes Payable	1.06	2.99	2.1	0.79	-
Current Unearned Revenue	-	1.62	0.7	1.83	-
Other Current Liabilities	0	2.8	0.32	-	0.6
Total Current Liabilities	2.18	20.87	18.04	11.75	10.91
Long-Term Debt	3.91	17.95	3.74	2.71	1.14
Long-Term Leases	-	3.51	1.85	1.48	-
Other Long-Term Liabilities	0.23	5.65	13.91	0.01	0.1
Total Liabilities	6.33	47.98	37.54	15.95	12.15
Common Stock	0.43	0.47	0.44	0	0
Additional Paid-In Capital	36.19	37.14	31.33	-	-
Retained Earnings	-22.78	-44	-47.57	1.87	-0.51
Comprehensive Income & Other	6.31	4.58	2.96	0.1	0.06
Shareholders' Equity	20.15	-1.8	-12.84	1.97	-0.46
Total Liabilities & Equity	26.47	46.18	24.7	17.92	11.69
Total Debt	3.91	24.35	10.54	8.47	4.82
Net Cash (Debt)	2.16	-20.92	-8.77	-6.79	-3.39
Net Cash Per Share	0.15	-1.47	-0.74	-0.93	-0.36
Filing Date Shares Outstanding	12.71	14.12	13.08	7.29	9.5
Total Common Shares Outstanding	12.71	14.12	13.08	7.29	9.5
Working Capital	6.75	0.21	-5.93	-2.44	-3.73
Book Value Per Share	1.59	-0.13	-0.98	0.27	-0.05
Tangible Book Value	20.15	-20.32	-21.52	-3.39	-4.7
Tangible Book Value Per Share	1.59	-1.44	-1.65	-0.47	-0.49
Machinery	-	2.06	1.18	0.99	0.85

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