Red Star Express Plc (NGX:REDSTAREX)

Red Star Express Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	1,856	1,993	1,368	1,119	589.14	460.34
Cash & Short-Term Investments	1,856	1,993	1,368	1,119	589.14	460.34
Cash Growth	31.39%	45.66%	22.22%	89.99%	27.98%	-51.80%
Accounts Receivable	2,946	2,992	3,309	2,416	2,612	2,369
Other Receivables	2,499	-	-	-	16.42	33.26
Receivables	5,446	2,992	3,309	2,416	2,697	2,480
Inventory	142.71	100.78	73.14	70.64	98.03	91.71
Prepaid Expenses	674.65	322.25	322.96	184.37	183.08	78.57
Other Current Assets	-	2,465	1,880	1,818	1,333	1,308
Total Current Assets	8,119	7,873	6,954	5,608	4,899	4,419
Property, Plant & Equipment	3,170	3,230	2,957	3,355	3,330	3,035
Long-Term Investments	12.07	12.07	3.36	2.17	0.87	1.7
Other Intangible Assets	81.05	114.21	154.63	9.97	25.75	45.35
Other Long-Term Assets	450.91	232.11	210.59	268.77	401.94	251.47
Total Assets	11,833	11,461	10,279	9,244	8,658	7,752

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	1,839	1,416	1,743	1,145	1,852	1,092
Accrued Expenses	-	2,873	2,360	2,119	1,032	1,311
Current Portion of Long-Term Debt	-	-	113.31	262.43	138.42	104.57
Current Portion of Leases	21.76	23.76	45.5	27.05	27.38	21.5
Current Income Taxes Payable	315.37	378.68	283.85	124.48	204.26	227.53
Other Current Liabilities	3,565	1,184	618.92	440.56	308.6	319.96
Total Current Liabilities	5,742	5,875	5,165	4,118	3,563	3,076
Long-Term Debt	-	-	-	167.38	183.18	274.77
Long-Term Leases	126.06	112.57	13.64	47.66	55.14	68.47
Long-Term Deferred Tax Liabilities	317.13	317.13	216.63	236.61	278.75	139.42
Other Long-Term Liabilities	1.24	1.24	1.51	-	-	-
Total Liabilities	6,186	6,305	5,396	4,570	4,080	3,559

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	477.21	477.21	477.21	477.21	477.21	477.21
Additional Paid-In Capital	1,516	1,516	1,516	1,516	1,516	1,516
Retained Earnings	3,643	3,151	2,887	2,679	2,585	2,200
Comprehensive Income & Other	11.53	11.53	2.82	1.64	0.33	1.16
Shareholders' Equity	5,647	5,156	4,883	4,674	4,578	4,194
Total Liabilities & Equity	11,833	11,461	10,279	9,244	8,658	7,752

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	147.82	136.33	172.44	504.52	404.13	469.31
Net Cash (Debt)	1,708	1,856	1,196	614.78	185.01	-8.97
Net Cash Growth	29.65%	55.27%	94.47%	232.29%	-	-
Net Cash Per Share	1.79	1.95	1.25	0.64	0.19	-0.01
Filing Date Shares Outstanding	954.42	954.42	954.42	954.42	954.42	954.45
Total Common Shares Outstanding	954.42	954.42	954.42	954.42	954.42	954.45
Working Capital	2,377	1,998	1,789	1,490	1,337	1,343
Book Value Per Share	5.92	5.40	5.12	4.90	4.80	4.39
Tangible Book Value	5,566	5,041	4,728	4,664	4,552	4,148
Tangible Book Value Per Share	5.83	5.28	4.95	4.89	4.77	4.35
Land	-	414.41	414.41	554.13	554.13	553.73
Buildings	-	1,229	1,166	536.67	536.67	532.56
Machinery	-	4,773	4,958	4,499	4,113	3,779
Construction In Progress	-	43.37	121.14	1,044	909.46	458.23

Data Source: S&P Global Market Intelligence Last updated: Oct 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

Data Sources Report a data error