DLH Holdings Balance Sheet

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

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	0.26	0.13	0.34	0.22	0.23	24.05
Cash & Short-Term Investments	0.26	0.13	0.34	0.22	0.23	24.05
Cash Growth	-43.02%	-63.45%	59.07%	-5.70%	-99.05%	1672.37%
Accounts Receivable	35.84	38.39	49.85	59.12	40.5	33.45
Other Receivables	0.67	1.11	0.91	0.99	0.95	1
Receivables	36.52	39.51	50.76	60.11	41.44	34.44
Prepaid Expenses	2.87	2.91	1.86	2.07	1.93	3.27
Total Current Assets	39.64	42.54	52.96	62.4	43.6	61.76
Property, Plant & Equipment	9.39	10.04	8.51	11.25	18.56	21.83
Goodwill	138.16	138.16	138.16	138.16	65.64	65.64
Other Intangible Assets	87.75	91.87	108.32	124.78	40.88	47.47
Long-Term Deferred Tax Assets	8.45	7.95	6.25	3.07	-	-
Other Long-Term Assets	0.12	0.12	0.19	0.19	0.33	0.46
Total Assets	283.51	290.66	314.38	339.84	169.01	197.17
Accounts Payable	9.9	12.3	13.42	12.6	11.89	16.68
Accrued Expenses	10.34	19.1	24.72	30.9	24.42	25.16
Current Portion of Long-Term Debt	17.43	8.07	12.06	17.19	-	-
Current Portion of Leases	3.13	2.92	2.65	3.46	2.24	2.26
Current Unearned Revenue	-	-	-	-	-	22.27
Other Current Liabilities	0.23	0.29	0.39	0.64	-	-
Total Current Liabilities	41.03	42.67	53.24	64.79	38.54	66.38
Long-Term Debt	116.05	119.97	137.32	155.15	20.42	44.64
Long-Term Leases	13.2	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	1.05	0.9	1.56	-	-
Total Liabilities	171.32	177.71	204.25	237.4	76.95	131.56
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	102.29	101.73	100.27	99.97	91.06	87.89
Retained Earnings	9.89	11.21	9.85	2.45	0.99	-22.3
Shareholders' Equity	112.19	112.96	110.13	102.44	92.06	65.61
Total Liabilities & Equity	283.51	290.66	314.38	339.84	169.01	197.17
Total Debt	149.8	144.97	164.82	191.71	39.11	66.27
Net Cash (Debt)	-149.55	-144.85	-164.47	-191.49	-38.88	-42.22
Net Cash Per Share	-10.38	-10.02	-11.42	-13.27	-2.74	-3.11
Filing Date Shares Outstanding	14.49	14.49	14.39	14.07	13.05	12.71
Total Common Shares Outstanding	14.49	14.5	14.39	13.95	13.05	12.71
Working Capital	-1.38	-0.13	-0.29	-2.39	5.06	-4.61
Book Value Per Share	7.74	7.79	7.65	7.34	7.06	5.16
Tangible Book Value	-113.73	-117.07	-136.35	-160.5	-14.47	-47.5
Tangible Book Value Per Share	-7.85	-8.07	-9.47	-11.51	-1.11	-3.74
Machinery	5.43	5.39	9.11	8.27	7.62	2.22
Leasehold Improvements	1.57	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.