Jazeera Airways K.S.C.P. (KWSE:JAZEERA)

Aerovate Therapeutics Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	54.47	48.41	32.9	52.27	50.06	19.67
Cash & Short-Term Investments	54.47	48.41	32.9	52.27	50.06	19.67
Cash Growth	23.87%	47.13%	-37.05%	4.41%	154.52%	-17.20%
Accounts Receivable	15.43	5.77	7.61	7.01	8.45	5.16
Other Receivables	-	7.87	14.81	10.48	6.3	17.63
Receivables	15.43	13.64	22.42	17.5	14.74	22.79
Inventory	9.95	7.98	4.32	2.43	1.2	0.38
Prepaid Expenses	-	2.74	1.46	1.2	0.99	1.51
Other Current Assets	0.26	0.1	0.24	0.33	1.31	1.31
Total Current Assets	80.11	72.87	61.35	73.72	68.3	45.66
Property, Plant & Equipment	248.05	261.07	215.22	189.26	147.41	114.27
Other Long-Term Assets	3.37	2.55	9.87	9.13	9.47	2.7
Total Assets	331.53	336.49	286.44	272.1	225.19	162.63
Accounts Payable	35.96	6.21	4.92	4.1	7.31	3.79
Accrued Expenses	-	18.4	18.94	19.81	12.94	5.94
Short-Term Debt	8	-	5.45	0.98	-	4.42
Current Portion of Long-Term Debt	-	14	1	0.85	0.84	0.88
Current Portion of Leases	18.01	18.78	25.14	22.49	20.67	16.05
Current Income Taxes Payable	-	7.49	5.83	4.55	1.05	1.93
Current Unearned Revenue	16.69	12.84	10.13	14.36	6.36	0.26
Other Current Liabilities	13.69	14.08	8.54	8.27	11.55	7.82
Total Current Liabilities	92.35	91.79	79.94	75.4	60.72	41.09
Long-Term Debt	59	61.5	28.5	4.43	5.29	6.14
Long-Term Leases	104.14	110.71	125.72	133.4	116.15	89.63
Other Long-Term Liabilities	34.55	32.37	22.88	19.43	10.65	11.3
Total Liabilities	295.63	301.05	260.94	235.57	195.1	150.65
Common Stock	22	22	22	22	22	20
Retained Earnings	14.19	13.44	3.5	14.53	8.08	-7
Comprehensive Income & Other	-	-	-	-	-	-1.03
Total Common Equity	35.9	35.44	25.5	36.53	30.08	11.98
Shareholders' Equity	35.9	35.44	25.5	36.53	30.08	11.98
Total Liabilities & Equity	331.53	336.49	286.44	272.1	225.19	162.63
Total Debt	189.15	204.99	185.81	162.14	142.95	117.12
Net Cash (Debt)	-134.69	-156.57	-152.91	-109.87	-92.89	-97.46
Net Cash Per Share	-0.61	-0.71	-0.70	-0.50	-0.44	-0.49
Filing Date Shares Outstanding	219.86	220	220	220	220	200
Total Common Shares Outstanding	219.86	220	220	220	220	200
Working Capital	-12.24	-18.93	-18.59	-1.68	7.58	4.57
Book Value Per Share	0.16	0.16	0.12	0.17	0.14	0.06
Tangible Book Value	35.9	35.44	25.5	36.53	30.08	11.98
Tangible Book Value Per Share	0.16	0.16	0.12	0.17	0.14	0.06
Machinery	-	89.88	33.94	13	11.71	11.12
Construction In Progress	-	51.74	38.68	26.44	3.22	1.48
Leasehold Improvements	-	18.03	17.95	17.63	17.46	16.99

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