Microware Group Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	66.03	160.92	159.8	248.27	232.16	239.93
Short-Term Investments	4.58	5.63	5.38	5.16	5.1	-
Trading Asset Securities	-	3.86	-	-	-	-
Cash & Short-Term Investments	70.6	170.4	165.19	253.43	237.26	239.93
Cash Growth	-21.31%	3.16%	-34.82%	6.82%	-1.11%	-0.45%
Accounts Receivable	172.05	202.91	159.3	117.62	172.41	132.96
Other Receivables	75.06	121.76	26.81	28.58	25.31	20.39
Receivables	247.12	324.66	191.91	146.2	197.72	153.35
Inventory	96.45	80.24	111.48	58.22	55.2	53.81
Other Current Assets	58.02	54.76	34.68	39.9	32.35	27.64
Total Current Assets	472.19	630.06	503.25	497.76	522.53	474.73
Property, Plant & Equipment	24.21	25.4	11.49	16.96	18.72	11.14
Long-Term Investments	69.95	59.84	-	-	-	-
Other Intangible Assets	0.62	0.62	-	-	-	-
Long-Term Accounts Receivable	3.85	5.95	-	-	-	-
Long-Term Deferred Tax Assets	0.26	0.26	0.07	-	-	-
Other Long-Term Assets	5.32	5.21	2.14	2.12	1.97	3.6
Total Assets	576.39	727.33	516.94	516.83	543.22	489.47
Accounts Payable	134.47	248.77	170.46	165.96	152.07	153.51
Accrued Expenses	60	36.84	26.89	25.85	44.29	27.43
Short-Term Debt	76.95	22.51	11	-	9	1.1
Current Portion of Leases	22.74	28.36	9.57	10.97	10.09	7.27
Current Income Taxes Payable	3.12	4.05	3.61	0.98	0.47	1.14
Current Unearned Revenue	53.94	121.65	95.1	82.58	92.26	62.13
Other Current Liabilities	15.07	18.96	15.09	11.54	16.86	12.45
Total Current Liabilities	366.29	481.14	331.71	297.88	325.03	265.03
Long-Term Leases	15.8	19.19	-	1.64	3.8	-
Long-Term Unearned Revenue	3.21	4.39	3.92	4.63	3.35	3.6
Long-Term Deferred Tax Liabilities	-	-	-	0.21	0.24	0.03
Total Liabilities	385.3	504.72	335.63	304.36	332.42	268.65
Common Stock	3	3	3	3	3	3
Additional Paid-In Capital	45.3	75.3	75.3	75.3	75.3	75.3
Retained Earnings	78.62	76.19	63.04	64.31	62.63	72.66
Treasury Stock	-	-	-29.89	-	-	-
Comprehensive Income & Other	64.17	68.13	69.87	69.87	70.83	70.83
Total Common Equity	191.09	222.62	181.31	212.47	211.76	221.79
Minority Interest	-	-	-	-	-0.96	-0.97
Shareholders' Equity	191.09	222.62	181.31	212.47	210.8	220.82
Total Liabilities & Equity	576.39	727.33	516.94	516.83	543.22	489.47
Total Debt	115.49	70.06	20.57	12.61	22.88	8.37
Net Cash (Debt)	-44.89	100.34	144.62	240.82	214.38	231.57
Net Cash Growth	-	-30.61%	-39.95%	12.34%	-7.42%	-0.29%
Net Cash Per Share	-0.16	0.37	0.49	0.80	0.71	0.77
Filing Date Shares Outstanding	270	270	272.74	300	300	300
Total Common Shares Outstanding	270	270	272.74	300	300	300
Working Capital	105.89	148.92	171.54	199.88	197.49	209.7
Book Value Per Share	0.71	0.82	0.66	0.71	0.71	0.74
Tangible Book Value	190.47	222	181.31	212.47	211.76	221.79
Tangible Book Value Per Share	0.71	0.82	0.66	0.71	0.71	0.74
Machinery	-	20.58	17.95	19.44	17.54	14.5
Leasehold Improvements	-	9.35	5.56	5.79	5.79	5.79

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