Skygate Solutions Berhad Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	26.22	47.31	65.2	41.32	23.14	8.02
Short-Term Investments	0.16	3.51	6.63	7.88	19.4	17.77
Cash & Short-Term Investments	26.37	50.82	71.83	49.2	42.53	25.79
Cash Growth	-47.70%	-29.25%	46.00%	15.68%	64.92%	-69.44%
Accounts Receivable	38.62	9.22	9.96	26.35	43.67	74.81
Other Receivables	1.36	5.75	4.26	3.62	4.1	10.17
Receivables	39.97	14.97	14.23	29.98	47.77	84.98
Inventory	72.63	71.14	92.07	103.92	117.61	143.06
Prepaid Expenses	-	1.22	0.26	0.21	0.33	0.27
Other Current Assets	-	0.2	0.54	-	-	3.98
Total Current Assets	138.97	138.35	178.93	183.31	208.24	258.08
Property, Plant & Equipment	51.11	54.84	9.43	7.54	10	14.21
Long-Term Investments	0.66	-	-	-	-	-
Goodwill	-	14.86	-	-	-	-
Other Intangible Assets	24.9	6.66	-	-	-	-
Long-Term Accounts Receivable	0.19	0.19	-	0.15	-	-
Long-Term Deferred Tax Assets	5.91	6.28	8.1	8.66	10.17	9.37
Other Long-Term Assets	263.16	199.2	126.87	84.67	85.9	85.01
Total Assets	484.9	420.38	323.33	284.34	314.31	366.68
Accounts Payable	27.68	3.34	1.72	2.16	14.53	13.97
Accrued Expenses	-	9.66	9.54	7.96	12.22	40.52
Current Portion of Long-Term Debt	7.82	4.96	3.83	3.66	3.47	3.35
Current Portion of Leases	0.05	0.05	0.12	0.46	0.47	0.29
Current Income Taxes Payable	-	-	0.06	0.07	0.15	0.25
Current Unearned Revenue	-	5.58	9.33	2.8	5.18	-
Other Current Liabilities	-	7.84	1.18	1.19	6.53	28.02
Total Current Liabilities	35.54	31.43	25.77	18.3	42.55	86.41
Long-Term Debt	157.61	110.38	43.07	12.52	15.34	18.17
Long-Term Leases	0.02	0.06	-	0.12	0.58	3.01
Long-Term Deferred Tax Liabilities	5.82	3.47	2.72	2.53	2.43	2.38
Other Long-Term Liabilities	1.31	1.33	1.29	1.5	1.26	1.18
Total Liabilities	200.3	146.67	72.84	34.97	62.16	111.14
Common Stock	185.96	175.08	152.42	152.42	152.42	152.42
Retained Earnings	103.58	102.22	94.43	124.79	120.93	124.8
Treasury Stock	-4.18	-4.18	-0	-0	-0	-0.32
Comprehensive Income & Other	1.48	1.48	3.63	-27.85	-21.2	-21.2
Total Common Equity	286.84	274.6	250.49	249.37	252.15	255.69
Minority Interest	-2.24	-0.89	-	-	-	-0.15
Shareholders' Equity	284.6	273.71	250.49	249.37	252.15	255.54
Total Liabilities & Equity	484.9	420.38	323.33	284.34	314.31	366.68
Total Debt	165.5	115.44	47.01	16.76	19.87	24.82
Net Cash (Debt)	-139.12	-64.62	24.82	32.44	22.67	0.97
Net Cash Growth	-	-	-23.48%	43.11%	2240.24%	-
Net Cash Per Share	-0.44	-0.21	0.08	0.11	0.08	0.00
Filing Date Shares Outstanding	321.59	315.52	297.55	301.59	301.59	300.98
Total Common Shares Outstanding	321.59	315.52	301.59	301.59	301.59	300.98
Working Capital	103.43	106.92	153.16	165.01	165.69	171.67
Book Value Per Share	0.89	0.87	0.83	0.83	0.84	0.85
Tangible Book Value	261.93	253.08	250.49	249.37	252.15	255.69
Tangible Book Value Per Share	0.81	0.80	0.83	0.83	0.84	0.85
Buildings	-	5.85	4.4	4.6	4.6	4.6
Machinery	-	39.68	32.74	33.84	38.87	41.61
Construction In Progress	-	30.24	0.03	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.