Skygate Solutions Berhad (KLSE:SKYGATE)

Skygate Solutions 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	36.76	47.31	65.2	41.32	23.14	8.02
Short-Term Investments	0.04	3.51	6.63	7.88	19.4	17.77
Cash & Short-Term Investments	36.8	50.82	71.83	49.2	42.53	25.79
Cash Growth	-37.71%	-29.25%	46.00%	15.68%	64.92%	-69.44%
Accounts Receivable	19.61	9.22	9.96	26.35	43.67	74.81
Other Receivables	2.23	5.75	4.26	3.62	4.1	10.17
Receivables	21.84	14.97	14.23	29.98	47.77	84.98
Inventory	69.16	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	127.8	138.35	178.93	183.31	208.24	258.08
Property, Plant & Equipment	68.05	54.84	9.43	7.54	10	14.21
Goodwill	-	14.86	-	-	-	-
Other Intangible Assets	21.35	6.66	-	-	-	-
Long-Term Accounts Receivable	0.19	0.19	-	0.15	-	-
Long-Term Deferred Tax Assets	6.03	6.28	8.1	8.66	10.17	9.37
Other Long-Term Assets	200.43	199.2	126.87	84.67	85.9	85.01
Total Assets	423.83	420.38	323.33	284.34	314.31	366.68
Accounts Payable	27.35	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	4.96	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	32.35	31.43	25.77	18.3	42.55	86.41
Long-Term Debt	114.27	110.38	43.07	12.52	15.34	18.17
Long-Term Leases	0.05	0.06	-	0.12	0.58	3.01
Long-Term Deferred Tax Liabilities	3.46	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	151.44	146.67	72.84	34.97	62.16	111.14
Common Stock	175.08	175.08	152.42	152.42	152.42	152.42
Retained Earnings	101.39	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	273.76	274.6	250.49	249.37	252.15	255.69
Minority Interest	-1.37	-0.89	-	-	-	-0.15
Shareholders' Equity	272.4	273.71	250.49	249.37	252.15	255.54
Total Liabilities & Equity	423.83	420.38	323.33	284.34	314.31	366.68
Total Debt	119.32	115.44	47.01	16.76	19.87	24.82
Net Cash (Debt)	-82.52	-64.62	24.82	32.44	22.67	0.97
Net Cash Growth	-	-	-23.48%	43.11%	2240.24%	-
Net Cash Per Share	-0.26	-0.21	0.08	0.11	0.08	0.00
Filing Date Shares Outstanding	319.56	315.52	297.55	301.59	301.59	300.98
Total Common Shares Outstanding	319.56	315.52	301.59	301.59	301.59	300.98
Working Capital	95.45	106.92	153.16	165.01	165.69	171.67
Book Value Per Share	0.86	0.87	0.83	0.83	0.84	0.85
Tangible Book Value	252.42	253.08	250.49	249.37	252.15	255.69
Tangible Book Value Per Share	0.79	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 Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.