XP Power Limited (LON:XPP)

XP Power Balance Sheet

Financials in millions GBP. 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	17.6	13.9	12	22.3	9	13.9
Short-Term Investments	-	0.5	0.7	0.9	0.3	0.3
Cash & Short-Term Investments	17.6	14.4	12.7	23.2	9.3	14.2
Cash Growth	35.38%	13.39%	-45.26%	149.46%	-34.51%	23.48%
Accounts Receivable	32.7	30.2	43.1	42.4	30.8	30.2
Other Receivables	47.9	41.7	41.3	42.8	4.1	4.6
Receivables	80.6	71.9	84.4	85.2	34.9	34.8
Inventory	59.5	71.1	91.6	114.4	74	54.2
Prepaid Expenses	-	3.2	3	3.3	3.3	3
Other Current Assets	6.3	0.1	0.3	0.5	0.2	0.8
Total Current Assets	164	160.7	192	226.6	121.7	107
Property, Plant & Equipment	109.6	116.2	113.5	91.5	38.5	33.5
Goodwill	71.9	73.2	75.6	77.5	52.5	52.2
Other Intangible Assets	41.9	43.3	48	58	48	21.5
Long-Term Deferred Tax Assets	0.9	1	0.7	15.1	3.2	2.9
Long-Term Deferred Charges	17.2	20.2	15.1	11.9	8.3	25.1
Other Long-Term Assets	1.3	1.5	1.4	1.1	-	-
Total Assets	406.9	416.2	446.3	481.7	272.2	242.2
Accounts Payable	40.4	17.9	18.5	25.3	26	12
Accrued Expenses	-	21.8	25.7	23.1	16.7	3.5
Short-Term Debt	-	-	-	0.2	0.2	-
Current Portion of Long-Term Debt	0.2	0.3	0.4	-	-	-
Current Portion of Leases	1.7	1.6	1.4	2.4	1.6	1.5
Current Income Taxes Payable	0.7	0.4	5	4.8	2.4	4.9
Current Unearned Revenue	-	1.4	3.4	2.9	1.3	-
Other Current Liabilities	48.2	54.5	45.6	47.5	0.8	12.8
Total Current Liabilities	91.2	97.9	100	106.2	49	34.7
Long-Term Debt	76.6	108.6	125.7	174.2	33.4	31.8
Long-Term Leases	49.3	52.7	53.3	48.9	6.5	3.4
Long-Term Deferred Tax Liabilities	7.7	9.1	9.3	10.5	9.4	6.7
Other Long-Term Liabilities	2.9	2	2.7	2.4	1.5	1.1
Total Liabilities	227.7	270.3	291	342.2	99.8	77.7
Common Stock	110.8	71.2	71.2	27.2	27.2	27.2
Retained Earnings	62.9	64.8	74.4	98.4	137	132.6
Treasury Stock	-	-	-	-	-	-0.1
Comprehensive Income & Other	4.9	9.3	9	13	7.3	4.1
Total Common Equity	178.6	145.3	154.6	138.6	171.5	163.8
Minority Interest	0.6	0.6	0.7	0.9	0.9	0.7
Shareholders' Equity	179.2	145.9	155.3	139.5	172.4	164.5
Total Liabilities & Equity	406.9	416.2	446.3	481.7	272.2	242.2
Total Debt	127.8	163.2	180.8	225.7	41.7	36.7
Net Cash (Debt)	-110.2	-148.8	-168.1	-202.5	-32.4	-22.5
Net Cash Per Share	-4.40	-6.27	-8.29	-10.32	-1.63	-1.14
Filing Date Shares Outstanding	26.4	23.66	23.63	19.53	19.54	19.48
Total Common Shares Outstanding	26.4	23.66	23.63	19.53	19.54	19.48
Working Capital	72.8	62.8	92	120.4	72.7	72.3
Book Value Per Share	6.77	6.14	6.54	7.10	8.78	8.41
Tangible Book Value	64.8	28.8	31	3.1	71	90.1
Tangible Book Value Per Share	2.45	1.22	1.31	0.16	3.63	4.63
Land	1.4	1.5	1.5	1.6	1.5	1.5
Buildings	42	47.5	45.1	27.9	24.4	23.4
Machinery	39.5	42.4	38.3	38.3	30.6	26.9
Construction In Progress	14.5	9.7	7.6	2.6	1.3	-
Order Backlog	-	-	-	308.4	217	124.1

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