Gamma Communications Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	23.7	153.7	136.5	94.6	52.8
Cash & Short-Term Investments	23.7	153.7	136.5	94.6	52.8
Cash Growth	-84.58%	12.60%	44.29%	79.17%	-2.04%
Accounts Receivable	120.2	115.4	108.6	109.4	98.4
Other Receivables	2.7	2	3.6	6.9	5.1
Receivables	122.9	117.4	112.2	116.3	103.5
Inventory	7.5	10	11.8	10.2	7.9
Total Current Assets	154.1	281.1	260.5	221.1	164.2
Property, Plant & Equipment	40	33.6	38.4	42.9	47
Goodwill	214	115.2	112.7	76.7	83.1
Other Intangible Assets	149.9	52.6	22.9	25.2	32.9
Long-Term Accounts Receivable	23.5	15.4	14.7	13	14.3
Long-Term Deferred Tax Assets	6.9	8.6	6.5	5.5	7
Long-Term Deferred Charges	32.9	21.5	19.1	22.4	13.3
Total Assets	621.3	528	474.8	406.8	361.8
Accounts Payable	12.8	7.1	13.2	9.5	5.7
Accrued Expenses	51.2	54.1	46.3	39.2	35.3
Current Portion of Long-Term Debt	0.3	-	0.3	0.4	0.8
Current Portion of Leases	4.8	2	3	2.5	2.1
Current Income Taxes Payable	4.7	0.7	0.1	0.5	0.9
Current Unearned Revenue	20.2	18.5	14.1	12.5	10.9
Other Current Liabilities	15.7	12.6	12.1	8	10.5
Total Current Liabilities	109.7	95	89.1	72.6	66.2
Long-Term Debt	32.7	-	1.4	1.7	2.5
Long-Term Leases	12.8	5.9	7	8.6	9.8
Long-Term Unearned Revenue	15	13.3	12.1	7.8	10
Long-Term Deferred Tax Liabilities	48.8	17.6	10.4	11.3	10
Other Long-Term Liabilities	17.3	23.5	10.6	5.1	9.1
Total Liabilities	236.3	155.3	130.6	107.1	107.6
Common Stock	0.2	0.2	0.2	0.2	0.2
Additional Paid-In Capital	23.3	23.3	22.9	18	14.9
Retained Earnings	368.6	368.3	315.1	273.9	239.1
Treasury Stock	-22.8	-24.7	-0.7	-0.7	-0.7
Comprehensive Income & Other	16.5	6.5	7.6	9.7	5.2
Total Common Equity	385.8	373.6	345.1	301.1	258.7
Minority Interest	-0.8	-0.9	-0.9	-1.4	-4.5
Shareholders' Equity	385	372.7	344.2	299.7	254.2
Total Liabilities & Equity	621.3	528	474.8	406.8	361.8
Total Debt	50.6	7.9	11.7	13.2	15.2
Net Cash (Debt)	-26.9	145.8	124.8	81.4	37.6
Net Cash Growth	-	16.83%	53.32%	116.49%	7.74%
Net Cash Per Share	-0.29	1.50	1.28	0.83	0.39
Filing Date Shares Outstanding	92.17	95.78	97.46	96.85	96.32
Total Common Shares Outstanding	92.17	95.78	97.46	96.85	96.32
Working Capital	44.4	186.1	171.4	148.5	98
Book Value Per Share	4.19	3.90	3.54	3.11	2.69
Tangible Book Value	21.9	205.8	209.5	199.2	142.7
Tangible Book Value Per Share	0.24	2.15	2.15	2.06	1.48
Land	4.7	4.4	4.6	4.7	4.5
Machinery	20.3	20.4	17.3	16.3	14.7

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