The Marketing Alliance Balance Sheet

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	2.01	2.04	2.95	1.99	1.4	1.14
Short-Term Investments	2.27	2.63	2.84	4.11	5.43	5.7
Cash & Short-Term Investments	4.28	4.67	5.79	6.1	6.83	6.85
Cash Growth	3.34%	-19.23%	-5.20%	-10.66%	-0.21%	-23.01%
Accounts Receivable	7.95	8.48	7.49	7.77	10.9	11.97
Receivables	7.95	8.48	8.04	7.89	10.9	11.97
Inventory	-	-	-	0.01	0.01	-
Prepaid Expenses	0.2	0.28	0.51	0.44	0.28	-
Restricted Cash	-	1.62	0.57	0.55	0.54	0.52
Other Current Assets	-	-	-	0	0.18	0.45
Total Current Assets	12.43	15.06	14.91	15	18.74	19.79
Property, Plant & Equipment	1.09	0.79	1.01	0.96	1.12	1.11
Other Long-Term Assets	-	-	1.52	2.05	2.91	3.88
Total Assets	13.51	15.84	17.5	18.59	23.36	24.78
Accounts Payable	6.45	6.88	6.2	6.91	9.34	-
Current Portion of Long-Term Debt	0.11	2.17	0.94	0.83	0.8	-
Current Portion of Leases	0.15	0.2	0.13	0.2	0.17	-
Current Unearned Revenue	0.38	0.73	-	-	-	-
Other Current Liabilities	0	0	-0.02	-0.26	0.47	11.93
Total Current Liabilities	7.1	9.98	7.25	7.68	10.79	11.93
Long-Term Debt	0.18	0.24	3.03	3.51	4.26	5.45
Long-Term Leases	0.38	0.05	0.18	0.3	0.33	-
Long-Term Deferred Tax Liabilities	0.15	0.15	0.31	0.19	0.2	-
Other Long-Term Liabilities	-	-	-	0.26	0	0.09
Total Liabilities	7.82	10.41	10.78	11.93	15.58	17.47
Common Stock	1.18	1.11	1.03	1.03	1.03	7.31
Retained Earnings	4.73	4.32	5.7	5.63	6.76	-
Treasury Stock	-0.21	-0	-	-	-	-
Shareholders' Equity	5.7	5.44	6.72	6.65	7.78	7.31
Total Liabilities & Equity	13.51	15.84	17.5	18.59	23.36	24.78
Total Debt	0.83	2.65	4.29	4.83	5.56	5.45
Net Cash (Debt)	3.45	2.02	1.5	1.27	1.27	1.4
Net Cash Growth	240.05%	34.69%	18.19%	-0.13%	-8.92%	-
Net Cash Per Share	0.50	0.27	0.19	0.16	0.16	0.17
Filing Date Shares Outstanding	7.19	7.4	8.08	8.08	8.08	8.03
Total Common Shares Outstanding	7.19	7.4	8.08	8.08	8.08	8.03
Working Capital	5.32	5.08	7.66	7.33	7.95	7.87
Book Value Per Share	0.79	0.73	0.83	0.82	0.96	0.91
Tangible Book Value	5.7	5.44	6.72	6.65	7.78	7.31
Tangible Book Value Per Share	0.79	0.73	0.83	0.82	0.96	0.91

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