Skygate Solutions Berhad (KLSE:SKYGATE)

Skygate Solutions Berhad Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	47.28	65.2	41.32	23.14	8.02
Short-Term Investments	0.07	6.63	7.88	19.4	17.77
Cash & Short-Term Investments	47.35	71.83	49.2	42.53	25.79
Cash Growth	-34.09%	46.00%	15.68%	64.92%	-69.44%
Accounts Receivable	17.9	9.96	26.35	43.67	74.81
Other Receivables	2.61	4.26	3.62	4.1	10.17
Receivables	20.52	14.23	29.98	47.77	84.98
Inventory	71.14	92.07	103.92	117.61	143.06
Prepaid Expenses	-	0.26	0.21	0.33	0.27
Other Current Assets	-	0.54	-	-	3.98
Total Current Assets	139	178.93	183.31	208.24	258.08
Property, Plant & Equipment	50.74	9.43	7.54	10	14.21
Goodwill	14.86	-	-	-	-
Other Intangible Assets	6.66	-	-	-	-
Long-Term Accounts Receivable	-	-	0.15	-	-
Long-Term Deferred Tax Assets	6.28	8.1	8.66	10.17	9.37
Other Long-Term Assets	199.2	126.87	84.67	85.9	85.01
Total Assets	416.74	323.33	284.34	314.31	366.68
Accounts Payable	22.35	1.72	2.16	14.53	13.97
Accrued Expenses	-	9.54	7.96	12.22	40.52
Current Portion of Long-Term Debt	4.08	3.83	3.66	3.47	3.35
Current Portion of Leases	0.05	0.12	0.46	0.47	0.29
Current Income Taxes Payable	0.44	0.06	0.07	0.15	0.25
Current Unearned Revenue	-	9.33	2.8	5.18	-
Other Current Liabilities	-	1.18	1.19	6.53	28.02
Total Current Liabilities	26.92	25.77	18.3	42.55	86.41
Long-Term Debt	111.26	43.07	12.52	15.34	18.17
Long-Term Leases	0.06	-	0.12	0.58	3.01
Long-Term Deferred Tax Liabilities	3.47	2.72	2.53	2.43	2.38
Other Long-Term Liabilities	1.33	1.29	1.5	1.26	1.18
Total Liabilities	143.03	72.84	34.97	62.16	111.14
Common Stock	175.08	152.42	152.42	152.42	152.42
Retained Earnings	98.06	94.43	124.79	120.93	124.8
Treasury Stock	-4.18	-0	-0	-0	-0.32
Comprehensive Income & Other	5.64	3.63	-27.85	-21.2	-21.2
Total Common Equity	274.6	250.49	249.37	252.15	255.69
Minority Interest	-0.89	-	-	-	-0.15
Shareholders' Equity	273.71	250.49	249.37	252.15	255.54
Total Liabilities & Equity	416.74	323.33	284.34	314.31	366.68
Total Debt	115.44	47.01	16.76	19.87	24.82
Net Cash (Debt)	-68.1	24.82	32.44	22.67	0.97
Net Cash Growth	-	-23.48%	43.11%	2240.24%	-
Net Cash Per Share	-0.22	0.08	0.11	0.08	0.00
Filing Date Shares Outstanding	305.87	297.55	301.59	301.59	300.98
Total Common Shares Outstanding	305.87	301.59	301.59	301.59	300.98
Working Capital	112.08	153.16	165.01	165.69	171.67
Book Value Per Share	0.90	0.83	0.83	0.84	0.85
Tangible Book Value	253.08	250.49	249.37	252.15	255.69
Tangible Book Value Per Share	0.83	0.83	0.83	0.84	0.85
Buildings	-	4.4	4.6	4.6	4.6
Machinery	-	32.74	33.84	38.87	41.61
Construction In Progress	-	0.03	-	-	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.