Red Star Express Plc (NGX:REDSTAREX)

Accolade Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	1,368	1,119	589.14	460.34	954.97
Cash & Short-Term Investments	1,368	1,119	589.14	460.34	954.97
Cash Growth	22.22%	89.99%	27.98%	-51.80%	-47.68%
Accounts Receivable	3,309	2,416	2,612	2,369	2,074
Other Receivables	-	-	16.42	33.26	1,118
Receivables	3,309	2,416	2,697	2,480	3,192
Inventory	73.14	70.64	98.03	91.71	66.54
Prepaid Expenses	322.96	184.37	183.08	78.57	275.26
Other Current Assets	1,880	1,818	1,333	1,308	-
Total Current Assets	6,954	5,608	4,899	4,419	4,489
Property, Plant & Equipment	2,957	3,355	3,330	3,035	2,834
Long-Term Investments	3.36	2.17	0.87	1.7	2.33
Other Intangible Assets	154.63	9.97	25.75	45.35	45.23
Other Long-Term Assets	210.59	268.77	401.94	251.47	168.34
Total Assets	10,279	9,244	8,658	7,752	7,539
Accounts Payable	1,743	1,145	1,852	1,092	763.37
Accrued Expenses	2,360	2,119	1,032	1,311	1,193
Current Portion of Long-Term Debt	113.31	262.43	138.42	104.57	104.57
Current Portion of Leases	45.5	27.05	27.38	21.5	123.64
Current Income Taxes Payable	283.85	124.48	204.26	227.53	176.23
Other Current Liabilities	618.92	440.56	308.6	319.96	358.25
Total Current Liabilities	5,165	4,118	3,563	3,076	2,719
Long-Term Debt	-	167.38	183.18	274.77	379.81
Long-Term Leases	13.64	47.66	55.14	68.47	56.79
Long-Term Deferred Tax Liabilities	216.63	236.61	278.75	139.42	150.18
Other Long-Term Liabilities	1.51	-	-	-	-
Total Liabilities	5,396	4,570	4,080	3,559	3,306
Common Stock	477.21	477.21	477.21	477.21	463.18
Additional Paid-In Capital	1,516	1,516	1,516	1,516	1,437
Retained Earnings	2,887	2,679	2,585	2,200	2,331
Comprehensive Income & Other	2.82	1.64	0.33	1.16	1.79
Shareholders' Equity	4,883	4,674	4,578	4,194	4,233
Total Liabilities & Equity	10,279	9,244	8,658	7,752	7,539
Total Debt	172.44	504.52	404.13	469.31	664.81
Net Cash (Debt)	1,196	614.78	185.01	-8.97	290.16
Net Cash Growth	94.47%	232.29%	-	-	-81.05%
Net Cash Per Share	1.25	0.64	0.19	-0.01	0.30
Filing Date Shares Outstanding	954.42	954.42	954.42	954.45	954.42
Total Common Shares Outstanding	954.42	954.42	954.42	954.45	954.42
Working Capital	1,789	1,490	1,337	1,343	1,770
Book Value Per Share	5.12	4.90	4.80	4.39	4.44
Tangible Book Value	4,728	4,664	4,552	4,148	4,188
Tangible Book Value Per Share	4.95	4.89	4.77	4.35	4.39
Land	414.41	554.13	554.13	553.73	519.11
Buildings	1,166	536.67	536.67	532.56	511.17
Machinery	4,958	4,499	4,113	3,779	3,393
Construction In Progress	121.14	1,044	909.46	458.23	255.19

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.