Skygate Solutions Berhad (KLSE:SKYGATE)

Skygate Solutions Berhad Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	56.2	38.75	47.31	65.2	41.32	23.14
Short-Term Investments	0.65	2.81	3.51	6.63	7.88	19.4
Cash & Short-Term Investments	56.86	41.55	50.82	71.83	49.2	42.53
Cash Growth	140.08%	-18.24%	-29.25%	46.00%	15.68%	64.92%
Accounts Receivable	35.15	33.63	9.22	9.96	26.35	43.67
Other Receivables	0.37	5.92	5.75	4.26	3.62	4.1
Receivables	35.52	39.55	14.97	14.23	29.98	47.77
Inventory	70.36	67.52	71.14	92.07	103.92	117.61
Prepaid Expenses	-	28.91	1.22	0.26	0.21	0.33
Other Current Assets	-	11.9	0.2	0.54	-	-
Total Current Assets	162.73	189.44	138.35	178.93	183.31	208.24
Property, Plant & Equipment	68.05	46.09	54.84	9.43	7.54	10
Long-Term Investments	0.96	0.96	-	-	-	-
Goodwill	-	14.86	14.86	-	-	-
Other Intangible Assets	27.1	6.38	6.66	-	-	-
Long-Term Accounts Receivable	0.48	0.48	0.19	-	0.15	-
Long-Term Deferred Tax Assets	4.35	4.82	6.28	8.1	8.66	10.17
Other Long-Term Assets	387.82	293.94	199.2	126.87	84.67	85.9
Total Assets	651.5	556.97	420.38	323.33	284.34	314.31

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	100.29	11.14	3.34	1.72	2.16	14.53
Accrued Expenses	-	12.65	9.66	9.54	7.96	12.22
Current Portion of Long-Term Debt	6.46	6.46	4.96	3.83	3.66	3.47
Current Portion of Leases	1.99	1.99	0.05	0.12	0.46	0.47
Current Income Taxes Payable	1.18	0.24	-	0.06	0.07	0.15
Current Unearned Revenue	-	8.34	5.58	9.33	2.8	5.18
Other Current Liabilities	30	43.18	7.84	1.18	1.19	6.53
Total Current Liabilities	139.92	84	31.43	25.77	18.3	42.55
Long-Term Debt	153.68	159.09	110.38	43.07	12.52	15.34
Long-Term Leases	4.06	4.98	0.06	-	0.12	0.58
Long-Term Deferred Tax Liabilities	11.5	6.92	3.47	2.72	2.53	2.43
Other Long-Term Liabilities	3.89	1.76	1.33	1.29	1.5	1.26
Total Liabilities	313.04	256.76	146.67	72.84	34.97	62.16

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	208.91	185.96	175.08	152.42	152.42	152.42
Retained Earnings	118.45	100.4	102.22	94.43	124.79	120.93
Treasury Stock	-0.98	-0.98	-4.18	-0	-0	-0
Comprehensive Income & Other	-0.42	-0.42	1.48	3.63	-27.85	-21.2
Total Common Equity	325.96	284.96	274.6	250.49	249.37	252.15
Minority Interest	12.5	15.25	-0.89	-	-	-
Shareholders' Equity	338.47	300.21	273.71	250.49	249.37	252.15
Total Liabilities & Equity	651.5	556.97	420.38	323.33	284.34	314.31

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	166.19	172.52	115.44	47.01	16.76	19.87
Net Cash (Debt)	-109.33	-130.97	-64.62	24.82	32.44	22.67
Net Cash Growth	-	-	-	-23.48%	43.11%	2240.24%
Net Cash Per Share	-0.33	-0.40	-0.21	0.08	0.11	0.08
Filing Date Shares Outstanding	336.69	334.87	315.52	297.55	301.59	301.59
Total Common Shares Outstanding	336.69	334.87	315.52	301.59	301.59	301.59
Working Capital	22.82	105.44	106.92	153.16	165.01	165.69
Book Value Per Share	0.97	0.85	0.87	0.83	0.83	0.84
Tangible Book Value	298.86	263.72	253.08	250.49	249.37	252.15
Tangible Book Value Per Share	0.89	0.79	0.80	0.83	0.83	0.84
Buildings	-	12.9	5.85	4.4	4.6	4.6
Machinery	-	67.94	39.68	32.74	33.84	38.87
Construction In Progress	-	0.88	30.24	0.03	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error