Solution Group Berhad (KLSE:SOLUTN)

Solution Group 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	1.08	1.1	14.05	4.71	10.79	10.91
Short-Term Investments	-	0.61	0.58	1.89	36.86	31.54
Cash & Short-Term Investments	1.08	1.71	14.63	6.6	47.65	42.45
Cash Growth	-86.13%	-88.29%	121.75%	-86.15%	12.25%	258.39%
Accounts Receivable	71.41	69.36	45.67	30.92	45.56	7.75
Other Receivables	12.97	11.59	4.57	4.47	2.29	8.15
Receivables	84.38	80.95	50.24	35.39	47.85	15.9
Inventory	1.53	1.69	3.48	3.87	30.85	1.82
Prepaid Expenses	-	0.3	0.42	1.26	1.29	1
Other Current Assets	7.44	7.77	15.15	8.35	6.64	7.73
Total Current Assets	94.42	92.42	83.93	55.47	134.28	68.89
Property, Plant & Equipment	26.26	27.38	30	32.68	32.71	13.76
Long-Term Investments	-	-	-	-	-	0.46
Goodwill	0.04	0.04	0.03	0.01	0.01	0.01
Other Intangible Assets	-	-	-	-	-	0.14
Long-Term Deferred Charges	-	-	-	-	0	0
Other Long-Term Assets	-	-	-	0.1	-	-
Total Assets	120.73	119.84	113.96	88.26	166.99	83.26
Accounts Payable	20.69	18.8	10.46	3.36	26.22	1.13
Accrued Expenses	-	0.47	0.59	0.49	0.84	0.34
Short-Term Debt	0.41	-	2.61	-	-	-
Current Portion of Long-Term Debt	0.41	0.37	0.35	0.5	0.43	0.44
Current Portion of Leases	0.43	0.64	0.79	0.56	0.51	0.25
Current Income Taxes Payable	0.03	0.01	1.1	-	5.21	-
Current Unearned Revenue	7.71	5.81	4.96	1.27	3.83	0.58
Other Current Liabilities	12.21	12.04	1.8	0.52	3.38	0.79
Total Current Liabilities	41.89	38.14	22.65	6.7	40.4	3.53
Long-Term Debt	3.68	3.82	4.37	4.7	5.31	5.91
Long-Term Leases	0.68	0.96	1.08	1.42	1.42	0.29
Long-Term Unearned Revenue	-	-	1.1	1.78	-	-
Long-Term Deferred Tax Liabilities	0.05	0.05	0.04	0.03	-	-
Total Liabilities	46.3	42.96	29.25	14.62	47.13	9.74
Common Stock	89.44	89.44	89.32	80.75	80.55	65.86
Retained Earnings	-17.6	-15.78	-10.86	-11.02	37.5	5.45
Treasury Stock	-0.28	-0.28	-0.28	-0.28	-0.28	-0.08
Comprehensive Income & Other	-	-	1.85	1.85	0.13	0.9
Total Common Equity	71.56	73.38	80.03	71.29	117.89	72.14
Minority Interest	2.86	3.5	4.68	2.34	1.97	1.38
Shareholders' Equity	74.42	76.88	84.71	73.64	119.87	73.52
Total Liabilities & Equity	120.73	119.84	113.96	88.26	166.99	83.26
Total Debt	5.61	5.79	9.2	7.18	7.66	6.9
Net Cash (Debt)	-4.53	-4.08	5.43	-0.58	39.99	35.55
Net Cash Growth	-	-	-	-	12.48%	672.82%
Net Cash Per Share	-0.01	-0.01	0.01	-0.00	0.10	0.11
Filing Date Shares Outstanding	484.04	484.04	484.04	439.69	439.69	406.43
Total Common Shares Outstanding	484.04	484.04	483.65	439.69	439.43	367.04
Working Capital	52.53	54.28	61.28	48.77	93.87	65.36
Book Value Per Share	0.15	0.15	0.17	0.16	0.27	0.20
Tangible Book Value	71.52	73.34	80	71.29	117.89	71.99
Tangible Book Value Per Share	0.15	0.15	0.17	0.16	0.27	0.20
Buildings	-	10.58	10.58	10.58	10.58	10.58
Machinery	-	4.09	4.2	4.01	4.44	4.05
Construction In Progress	-	-	-	18.22	17.88	0.04

Source: S&P Global Market Intelligence. Standard template. Financial Sources.