Learn Africa Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	343.18	1,228	488.97	1,056	274.78	508.7
Cash & Short-Term Investments	2,191	1,228	488.97	1,056	274.78	508.7
Cash Growth	188.17%	151.07%	-53.68%	284.21%	-45.98%	186.03%
Accounts Receivable	399.53	255.67	444.4	761	1,672	973.85
Other Receivables	47.02	0.4	0.85	2.4	1.69	54.22
Receivables	446.55	256.07	445.26	763.86	1,674	1,029
Inventory	2,397	3,196	2,746	2,226	2,029	2,042
Prepaid Expenses	61.53	48.46	41.82	37.73	36.7	23.66
Other Current Assets	3.39	6.56	65.62	35.54	36.24	73.7
Total Current Assets	5,100	4,734	3,788	4,119	4,051	3,677
Property, Plant & Equipment	847.72	572.85	559.87	485.5	371.84	234.87
Other Intangible Assets	5.84	12.91	12	-	4	12.19
Long-Term Deferred Tax Assets	212.12	212.12	157.97	282.86	228.01	220.47
Other Long-Term Assets	376	376	345	305	290	322.67
Total Assets	6,542	5,908	4,863	5,192	4,945	4,467
Accounts Payable	14.28	304.29	142.61	129.85	245.46	299.9
Accrued Expenses	738.03	759.7	618	648.05	574.91	322.84
Short-Term Debt	-	-	-	2.29	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	22.65
Current Income Taxes Payable	474.59	309.15	106.23	247.38	193.62	193.79
Current Unearned Revenue	-	30.62	10.46	-	-	-
Other Current Liabilities	394.19	421.27	377.27	374.95	415.97	399.26
Total Current Liabilities	1,621	1,825	1,255	1,403	1,430	1,238
Other Long-Term Liabilities	-	-	-	-0	-	-
Total Liabilities	1,621	1,825	1,255	1,403	1,430	1,238
Common Stock	433.94	385.73	385.73	385.73	385.73	385.73
Additional Paid-In Capital	1,892	1,940	1,940	1,940	1,940	1,940
Retained Earnings	2,527	1,690	1,215	1,396	1,121	835.14
Comprehensive Income & Other	67.7	67.7	67.7	67.7	67.7	67.7
Shareholders' Equity	4,921	4,083	3,608	3,790	3,515	3,229
Total Liabilities & Equity	6,542	5,908	4,863	5,192	4,945	4,467
Total Debt	-	-	-	2.29	-	22.65
Net Cash (Debt)	2,191	1,228	488.97	1,053	274.78	486.05
Net Cash Growth	188.17%	151.07%	-53.58%	283.38%	-43.47%	928.93%
Net Cash Per Share	2.52	1.41	0.56	1.21	0.32	0.56
Filing Date Shares Outstanding	867.88	867.88	867.88	867.88	867.88	867.88
Total Common Shares Outstanding	867.88	867.88	867.88	867.88	867.88	867.88
Working Capital	3,479	2,909	2,533	2,717	2,621	2,439
Book Value Per Share	5.67	4.70	4.16	4.37	4.05	3.72
Tangible Book Value	4,915	4,070	3,596	3,790	3,511	3,217
Tangible Book Value Per Share	5.66	4.69	4.14	4.37	4.05	3.71
Land	454.69	111.58	111.58	108.38	108.38	-
Buildings	-	141.82	141.82	142.8	133.8	142.46
Machinery	1,241	1,081	1,002	888.63	755.67	837.56
Construction In Progress	-	27.3	-	10.75	-	-

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