Learn Africa Balance Sheet

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

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	1,682	1,228	488.97	1,056	274.78
Cash & Short-Term Investments	1,682	1,228	488.97	1,056	274.78
Cash Growth	36.99%	151.07%	-53.68%	284.21%	-45.98%
Accounts Receivable	152.16	255.67	444.4	761	1,672
Other Receivables	-	0.4	0.85	2.4	1.69
Receivables	152.16	256.07	445.26	763.86	1,674
Inventory	3,041	3,196	2,746	2,226	2,029
Prepaid Expenses	-	48.46	41.82	37.73	36.7
Other Current Assets	54.09	6.56	65.62	35.54	36.24
Total Current Assets	4,929	4,734	3,788	4,119	4,051
Property, Plant & Equipment	1,079	572.85	559.87	485.5	371.84
Other Intangible Assets	4.24	12.91	12	-	4
Long-Term Deferred Tax Assets	212.12	212.12	157.97	282.86	228.01
Other Long-Term Assets	376	376	345	305	290
Total Assets	6,601	5,908	4,863	5,192	4,945
Accounts Payable	1,465	304.29	142.61	129.85	245.46
Accrued Expenses	-	759.7	618	648.05	574.91
Short-Term Debt	-	-	-	2.29	-
Current Income Taxes Payable	348.34	309.15	106.23	247.38	193.62
Current Unearned Revenue	-	30.62	10.46	-	-
Other Current Liabilities	161.59	421.27	377.27	374.95	415.97
Total Current Liabilities	1,975	1,825	1,255	1,403	1,430
Other Long-Term Liabilities	-	-	-	-0	-
Total Liabilities	1,975	1,825	1,255	1,403	1,430
Common Stock	433.94	385.73	385.73	385.73	385.73
Additional Paid-In Capital	1,892	1,940	1,940	1,940	1,940
Retained Earnings	2,232	1,690	1,215	1,396	1,121
Comprehensive Income & Other	67.7	67.7	67.7	67.7	67.7
Shareholders' Equity	4,626	4,083	3,608	3,790	3,515
Total Liabilities & Equity	6,601	5,908	4,863	5,192	4,945
Total Debt	-	-	-	2.29	-
Net Cash (Debt)	1,682	1,228	488.97	1,053	274.78
Net Cash Growth	36.99%	151.07%	-53.58%	283.38%	-43.47%
Net Cash Per Share	1.94	1.41	0.56	1.21	0.32
Filing Date Shares Outstanding	867.88	867.88	867.88	867.88	867.88
Total Common Shares Outstanding	867.88	867.88	867.88	867.88	867.88
Working Capital	2,955	2,909	2,533	2,717	2,621
Book Value Per Share	5.33	4.70	4.16	4.37	4.05
Tangible Book Value	4,622	4,070	3,596	3,790	3,511
Tangible Book Value Per Share	5.33	4.69	4.14	4.37	4.05
Land	-	111.58	111.58	108.38	108.38
Buildings	-	141.82	141.82	142.8	133.8
Machinery	-	1,081	1,002	888.63	755.67
Construction In Progress	-	27.3	-	10.75	-

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