Thalassa 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	0.3	0.55	0.14	1.38	5.4	7.12
Trading Asset Securities	3.81	3.37	1.16	0.5	1.19	-
Cash & Short-Term Investments	4.11	3.92	1.3	1.89	6.59	7.12
Cash Growth	46.85%	200.57%	-31.03%	-71.32%	-7.46%	-61.05%
Accounts Receivable	0.21	0.54	0.14	0.09	0.12	0.05
Other Receivables	-	-	0.51	0.55	0.18	0.33
Receivables	0.21	0.54	0.65	0.63	0.3	0.38
Prepaid Expenses	-	-	0.14	0.13	0.51	0.12
Total Current Assets	4.32	4.45	2.09	2.65	7.4	7.61
Property, Plant & Equipment	0.02	0.02	1.73	2.03	1.66	0.31
Long-Term Investments	1.5	1.74	2.02	2.36	2.33	1.42
Goodwill	-	-	-	-	-	0.15
Other Intangible Assets	0.19	1.99	0.19	0.17	0.15	0.08
Long-Term Deferred Charges	1.96	-	1.51	1.15	0.76	0.61
Total Assets	10.62	10.96	12.32	13.18	17.99	15.76
Accounts Payable	0.54	0.57	0.25	0.68	0.67	0.37
Accrued Expenses	-	-	0.98	0.23	0.17	0.35
Short-Term Debt	-	-	-	-	4.32	3.44
Current Portion of Leases	0.02	-	0.17	0.16	0.15	0.01
Other Current Liabilities	-	-	0.31	0.31	0.28	0.05
Total Current Liabilities	0.56	0.57	1.71	1.37	5.59	4.21
Long-Term Leases	0.01	-	1.4	1.51	1.25	0.03
Total Liabilities	0.56	0.57	3.12	2.88	6.84	4.24
Common Stock	0.2	0.2	0.13	0.13	0.13	0.13
Additional Paid-In Capital	23.75	23.75	21.72	21.72	21.72	21.72
Retained Earnings	-7.62	-7.63	-6.62	-5.72	-4.27	-5.43
Treasury Stock	-8.56	-8.56	-8.56	-8.56	-8.56	-8.56
Comprehensive Income & Other	2.28	2.63	2.53	2.73	2.14	3.78
Total Common Equity	10.06	10.39	9.21	10.3	11.15	11.64
Minority Interest	-	-	-	-	-	-0.12
Shareholders' Equity	10.06	10.39	9.21	10.3	11.15	11.51
Total Liabilities & Equity	10.62	10.96	12.32	13.18	17.99	15.76
Total Debt	0.02	-	1.58	1.67	5.73	3.48
Net Cash (Debt)	4.09	3.92	-0.27	0.22	0.86	3.64
Net Cash Growth	46.01%	-	-	-74.38%	-76.43%	-70.12%
Net Cash Per Share	0.33	0.49	-0.03	0.03	0.11	0.26
Filing Date Shares Outstanding	16.66	16.66	7.95	7.95	7.95	7.95
Total Common Shares Outstanding	16.66	16.66	7.95	7.95	7.95	7.95
Working Capital	3.76	3.88	0.38	1.28	1.81	3.4
Book Value Per Share	0.60	0.62	1.16	1.30	1.40	1.46
Tangible Book Value	9.86	8.4	9.02	10.13	11.01	11.4
Tangible Book Value Per Share	0.59	0.50	1.14	1.28	1.39	1.44
Land	0.03	-	2.15	2.07	1.41	0.06
Machinery	0.37	-	0.37	0.67	0.6	0.52

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