Red Star Express Plc (NGX:REDSTAREX)

Red Star Express 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	1,411	1,119	589.14	460.34	954.97
Cash & Short-Term Investments	1,411	1,119	589.14	460.34	954.97
Cash Growth	26.08%	89.99%	27.98%	-51.80%	-47.68%
Accounts Receivable	2,683	2,416	2,612	2,369	2,074
Other Receivables	243.48	-	16.42	33.26	1,118
Receivables	2,926	2,483	2,697	2,480	3,192
Inventory	73.37	70.64	98.03	91.71	66.54
Prepaid Expenses	227.36	184.37	183.08	78.57	275.26
Other Current Assets	1,740	1,751	1,333	1,308	-
Total Current Assets	6,378	5,608	4,899	4,419	4,489
Property, Plant & Equipment	2,972	3,355	3,330	3,035	2,834
Long-Term Investments	2.17	2.17	0.87	1.7	2.33
Other Intangible Assets	152.31	9.97	25.75	45.35	45.23
Other Long-Term Assets	385.12	268.77	401.94	251.47	168.34
Total Assets	9,890	9,244	8,658	7,752	7,539
Accounts Payable	1,318	1,145	1,852	1,092	763.37
Accrued Expenses	2,296	2,119	1,032	1,311	1,193
Current Portion of Long-Term Debt	115.42	262.43	138.42	104.57	104.57
Current Portion of Leases	29.81	27.05	27.38	21.5	123.64
Current Income Taxes Payable	287.38	124.48	204.26	227.53	176.23
Other Current Liabilities	504.1	440.56	308.6	319.96	358.25
Total Current Liabilities	4,551	4,118	3,563	3,076	2,719
Long-Term Debt	-	167.38	183.18	274.77	379.81
Long-Term Leases	55.37	47.66	55.14	68.47	56.79
Long-Term Deferred Tax Liabilities	236.61	236.61	278.75	139.42	150.18
Other Long-Term Liabilities	-0	-	-	-	-
Total Liabilities	4,843	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	3,053	2,679	2,585	2,200	2,331
Comprehensive Income & Other	1.64	1.64	0.33	1.16	1.79
Shareholders' Equity	5,048	4,674	4,578	4,194	4,233
Total Liabilities & Equity	9,890	9,244	8,658	7,752	7,539
Total Debt	200.6	504.52	404.13	469.31	664.81
Net Cash (Debt)	1,211	614.78	185.01	-8.97	290.16
Net Cash Growth	96.92%	232.29%	-	-	-81.05%
Net Cash Per Share	1.27	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	1,828	1,490	1,337	1,343	1,770
Book Value Per Share	5.29	4.90	4.80	4.39	4.44
Tangible Book Value	4,895	4,664	4,552	4,148	4,188
Tangible Book Value Per Share	5.13	4.89	4.77	4.35	4.39
Land	414.41	554.13	554.13	553.73	519.11
Buildings	1,206	536.67	536.67	532.56	511.17
Machinery	4,874	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.