Tantalizers Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	570.07	192.39	236.89	23.92	114.55	144.39
Short-Term Investments	1,725	465.03	614.13	39.95	39.95	50
Cash & Short-Term Investments	2,295	657.42	851.02	63.87	154.5	194.39
Cash Growth	157.70%	-22.75%	1232.40%	-58.66%	-20.52%	170.83%
Accounts Receivable	262.86	55.78	60.11	58.24	83.51	205.59
Other Receivables	-	-	-	14.67	88.48	95.25
Receivables	262.86	58.82	66.72	73.75	173.44	305.45
Inventory	77.78	92.91	67.83	40.96	51.49	54.62
Prepaid Expenses	-	15.34	11.49	23.15	59.51	78.97
Other Current Assets	-0	132.44	125.51	117.4	41.38	52.66
Total Current Assets	2,636	956.92	1,123	319.13	480.32	686.08
Property, Plant & Equipment	4,574	4,468	1,607	1,689	1,784	1,258
Long-Term Investments	8,337	7,760	-	-	-	-
Other Intangible Assets	-	125.78	135.58	147.39	159.19	171
Other Long-Term Assets	86.58	84.17	88.29	94.31	121.47	119.76
Total Assets	15,633	13,395	2,954	2,250	2,545	2,235
Accounts Payable	949.1	46.9	92.52	300.45	268.38	306.04
Accrued Expenses	-	95.37	447.41	37.32	36.82	33.32
Short-Term Debt	200	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	34.09	34.09	34.09	34.09
Current Portion of Leases	7,100	7,100	-	-	-	-
Current Income Taxes Payable	78.76	84.81	77.3	124.56	123.77	108.1
Current Unearned Revenue	-	47.66	10.2	26.73	17.63	31.85
Other Current Liabilities	2,443	1,228	845.62	1,033	961.33	1,049
Total Current Liabilities	10,771	8,602	1,507	1,556	1,442	1,563
Long-Term Debt	13.16	-	264.87	300.4	371.86	392.16
Long-Term Leases	-	15.63	-	6.94	21.85	-
Long-Term Unearned Revenue	-	43.41	6.31	6.03	35.17	41.07
Other Long-Term Liabilities	111.57	14.12	5.19	18.44	20.78	39.4
Total Liabilities	10,896	8,676	1,784	1,888	1,892	2,035
Common Stock	2,500	2,500	2,500	1,606	1,606	1,606
Additional Paid-In Capital	2,250	2,250	2,250	2,071	2,071	2,071
Retained Earnings	-4,427	-4,445	-4,518	-4,253	-3,962	-3,698
Comprehensive Income & Other	4,415	4,415	938.34	938.34	938.34	220.72
Shareholders' Equity	4,738	4,720	1,170	362.64	653.37	199.85
Total Liabilities & Equity	15,633	13,395	2,954	2,250	2,545	2,235
Total Debt	7,313	7,116	298.97	341.43	427.8	426.25
Net Cash (Debt)	-5,018	-6,458	552.06	-277.56	-273.31	-231.87
Net Cash Per Share	-	-1.29	0.11	-0.09	-0.09	-0.07
Filing Date Shares Outstanding	-	5,000	5,000	3,212	3,212	3,212
Total Common Shares Outstanding	-	5,000	5,000	3,212	3,212	3,212
Working Capital	-8,135	-7,645	-384.58	-1,237	-961.7	-876.6
Book Value Per Share	-	0.94	0.23	0.11	0.20	0.06
Tangible Book Value	4,738	4,594	1,034	215.25	494.18	28.85
Tangible Book Value Per Share	-	0.92	0.21	0.07	0.15	0.01
Land	-	3,890	1,053	1,053	1,053	740.69
Buildings	-	1,684	1,665	1,665	2,010	1,912
Machinery	-	2,905	2,965	2,963	2,995	2,921
Construction In Progress	-	-	-	-	31.03	27.61

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