GFM Services Berhad (KLSE:GFM)

GFM Services Berhad Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	198.41	100.74	45.98	47.48	30.42	27.13
Short-Term Investments	-	1.73	0.71	0.33	32.61	33.72
Cash & Short-Term Investments	198.41	102.47	46.69	47.82	63.03	60.85
Cash Growth	76.31%	119.45%	-2.35%	-24.14%	3.59%	-4.34%
Accounts Receivable	13.41	52.3	51.13	40.64	29.87	28.86
Other Receivables	63.74	9.31	7.43	4.36	6.53	5.58
Receivables	77.15	61.62	58.56	45	36.4	34.45
Inventory	0.89	0.46	0.64	-	-	-
Prepaid Expenses	-	1.27	1.34	2.08	1.35	1.84
Other Current Assets	27.83	83.31	82.3	85.28	49.37	46.75
Total Current Assets	304.29	249.13	189.52	180.18	150.15	143.89
Property, Plant & Equipment	16.19	16.51	15.99	12.23	13.05	13.89
Long-Term Investments	6.99	6.78	6.26	17.67	319.52	327.59
Goodwill	-	39.64	39.64	8.61	8.61	8.61
Other Intangible Assets	50.28	10.94	12.16	13.38	14.59	15.81
Long-Term Deferred Tax Assets	0.22	0.22	0.16	0.02	0.02	0.26
Other Long-Term Assets	294.48	297.95	286.32	298.18	6.17	6.17
Total Assets	672.45	621.17	550.06	530.28	512.12	516.22
Accounts Payable	19.96	16.7	14.81	6.87	7.23	8.01
Accrued Expenses	-	7.79	12.82	8.74	10.88	5.48
Short-Term Debt	28.66	11.64	6.6	8.1	6.01	2.71
Current Portion of Long-Term Debt	-	43.42	24.56	24.07	24.92	25.92
Current Portion of Leases	-	0.97	0.81	0.18	0.21	0.57
Current Income Taxes Payable	3.27	3.91	2.07	0.04	0.13	0.87
Current Unearned Revenue	-	4.95	2.65	10.88	11.43	10.46
Other Current Liabilities	32.04	9.79	13.03	5.31	2.7	3.06
Total Current Liabilities	83.92	99.18	77.35	64.17	63.51	57.09
Long-Term Debt	319.94	255.16	238.08	256.05	278.21	301.22
Long-Term Leases	-	0.96	1.37	0.4	0.41	0.34
Long-Term Deferred Tax Liabilities	52.55	52.35	50.59	46.8	45	43.09
Total Liabilities	456.41	407.65	367.39	367.42	387.14	401.74
Common Stock	118.32	118.32	103.12	103.12	82.54	76.02
Retained Earnings	142.98	140.46	124.81	107.11	89.72	83.2
Comprehensive Income & Other	-45.27	-45.27	-45.27	-47.38	-47.28	-44.74
Shareholders' Equity	216.04	213.52	182.66	162.86	124.98	114.48
Total Liabilities & Equity	672.45	621.17	550.06	530.28	512.12	516.22
Total Debt	348.59	312.15	271.43	288.79	309.76	330.77
Net Cash (Debt)	-150.18	-209.68	-224.73	-240.97	-246.73	-269.92
Net Cash Per Share	-0.13	-0.19	-0.33	-0.42	-0.46	-0.54
Filing Date Shares Outstanding	759.53	759.55	759.46	690.46	550.39	520.88
Total Common Shares Outstanding	759.53	759.53	690.46	690.46	550.38	520.88
Working Capital	220.37	149.94	112.17	116.01	86.64	86.8
Book Value Per Share	0.28	0.28	0.26	0.24	0.23	0.22
Tangible Book Value	165.76	162.93	130.86	140.87	101.78	90.06
Tangible Book Value Per Share	0.22	0.21	0.19	0.20	0.18	0.17
Buildings	-	8.95	8.95	8.95	8.95	8.95
Machinery	-	12.51	10.87	7.27	6.78	4.7
Order Backlog	-	1,190	-	-	-	-

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.