DLH Holdings Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	0.13	0.34	0.22	0.23	24.05
Cash & Short-Term Investments	0.13	0.34	0.22	0.23	24.05
Cash Growth	-63.45%	59.07%	-5.70%	-99.05%	1672.37%
Accounts Receivable	38.39	49.85	59.12	40.5	33.45
Other Receivables	1.11	0.91	0.99	0.95	1
Receivables	39.51	50.76	60.11	41.44	34.44
Prepaid Expenses	2.91	1.86	2.07	1.93	3.27
Total Current Assets	42.54	52.96	62.4	43.6	61.76
Property, Plant & Equipment	10.04	8.51	11.25	18.56	21.83
Goodwill	138.16	138.16	138.16	65.64	65.64
Other Intangible Assets	91.87	108.32	124.78	40.88	47.47
Long-Term Deferred Tax Assets	7.95	6.25	3.07	-	-
Other Long-Term Assets	0.12	0.19	0.19	0.33	0.46
Total Assets	290.66	314.38	339.84	169.01	197.17
Accounts Payable	12.3	13.42	12.6	11.89	16.68
Accrued Expenses	19.1	24.72	30.9	24.42	25.16
Current Portion of Long-Term Debt	8.07	12.06	17.19	-	-
Current Portion of Leases	2.92	2.65	3.46	2.24	2.26
Current Unearned Revenue	-	-	-	-	22.27
Other Current Liabilities	0.29	0.39	0.64	-	-
Total Current Liabilities	42.67	53.24	64.79	38.54	66.38
Long-Term Debt	119.97	137.32	155.15	20.42	44.64
Long-Term Leases	14.02	12.79	15.91	16.46	19.37
Long-Term Deferred Tax Liabilities	-	-	-	1.53	1.18
Other Long-Term Liabilities	1.05	0.9	1.56	-	-
Total Liabilities	177.71	204.25	237.4	76.95	131.56
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	101.73	100.27	99.97	91.06	87.89
Retained Earnings	11.21	9.85	2.45	0.99	-22.3
Shareholders' Equity	112.96	110.13	102.44	92.06	65.61
Total Liabilities & Equity	290.66	314.38	339.84	169.01	197.17
Total Debt	144.97	164.82	191.71	39.11	66.27
Net Cash (Debt)	-144.85	-164.47	-191.49	-38.88	-42.22
Net Cash Per Share	-10.02	-11.42	-13.27	-2.74	-3.11
Filing Date Shares Outstanding	14.49	14.39	14.07	13.05	12.71
Total Common Shares Outstanding	14.5	14.39	13.95	13.05	12.71
Working Capital	-0.13	-0.29	-2.39	5.06	-4.61
Book Value Per Share	7.79	7.65	7.34	7.06	5.16
Tangible Book Value	-117.07	-136.35	-160.5	-14.47	-47.5
Tangible Book Value Per Share	-8.07	-9.47	-11.51	-1.11	-3.74
Machinery	5.39	9.11	8.27	7.62	2.22
Leasehold Improvements	1.57	1.61	1.61	1.61	1.6
Order Backlog	514.3	690.3	704.8	482.5	651.5

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