Converge Information and Communications Technology Solutions, Inc. (PSE:CNVRG)

PSE:CNVRG Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8,454	13,694	10,214	8,084	12,957
Short-Term Investments	8,527	-	-	-	-
Cash & Short-Term Investments	16,981	13,694	10,214	8,084	12,957
Cash Growth	24.00%	34.07%	26.35%	-37.61%	107.88%
Accounts Receivable	4,132	2,555	3,032	2,817	2,173
Other Receivables	116	972.3	394.75	1,393	1,408
Receivables	4,248	3,527	3,426	4,210	3,581
Inventory	1,560	3,461	5,645	4,963	2,031
Prepaid Expenses	-	55.13	31.91	23.77	-
Other Current Assets	3,058	1,418	3,281	3,760	2,701
Total Current Assets	25,847	22,155	22,599	21,040	21,271
Property, Plant & Equipment	72,290	70,384	65,828	51,787	29,986
Long-Term Investments	-	759.79	515.06	459.23	71.9
Other Intangible Assets	2,046	2,145	2,385	1,969	1,155
Long-Term Accounts Receivable	146	153.51	157.02	160.32	-
Long-Term Deferred Tax Assets	-	1,546	1,793	997.64	788.36
Long-Term Deferred Charges	-	271.01	263.81	673.54	543.16
Other Long-Term Assets	6,725	3,731	4,559	4,777	2,897
Total Assets	107,054	101,145	98,098	81,864	56,712
Accounts Payable	17,757	12,966	13,791	14,394	12,343
Accrued Expenses	-	2,567	2,222	3,525	-
Current Portion of Long-Term Debt	5,538	5,258	3,240	2,999	731.21
Current Portion of Leases	426	498.09	615.77	545.74	325.74
Current Income Taxes Payable	-	135.31	821.34	1,003	393.92
Current Unearned Revenue	-	557.94	815.23	1,042	463.62
Other Current Liabilities	3,025	1,935	3,218	3,375	1,128
Total Current Liabilities	26,746	23,918	24,723	26,884	15,385
Long-Term Debt	23,977	29,985	35,000	16,847	10,583
Long-Term Leases	-	1,908	2,002	2,396	1,508
Long-Term Unearned Revenue	-	-	48.63	313.02	205.11
Other Long-Term Liabilities	1,623	75.61	60.6	191.58	1,133
Total Liabilities	52,363	55,899	61,988	46,753	28,937
Common Stock	54,691	1,882	1,882	1,882	1,882
Additional Paid-In Capital	-	18,746	18,746	18,746	18,746
Retained Earnings	-	30,833	21,737	14,297	7,139
Treasury Stock	-	-6,499	-6,499	-	-
Comprehensive Income & Other	-	282.94	244.88	185.81	8.13
Total Common Equity	54,691	45,245	36,111	35,111	27,775
Minority Interest	-	0.31	0.31	0.31	0.31
Shareholders' Equity	54,691	45,246	36,111	35,111	27,775
Total Liabilities & Equity	107,054	101,145	98,098	81,864	56,712
Total Debt	29,941	37,650	40,857	22,788	13,147
Net Cash (Debt)	-12,960	-23,956	-30,643	-14,704	-190
Net Cash Per Share	-1.78	-3.30	-4.16	-1.95	-0.03
Filing Date Shares Outstanding	7,267	7,267	7,267	7,526	7,526
Total Common Shares Outstanding	7,267	7,267	7,267	7,526	7,526
Working Capital	-899	-1,763	-2,125	-5,843	5,886
Book Value Per Share	7.53	6.23	4.97	4.67	3.69
Tangible Book Value	52,645	43,101	33,726	33,142	26,620
Tangible Book Value Per Share	7.24	5.93	4.64	4.40	3.54
Land	-	1,910	1,265	1,262	-
Machinery	-	81,132	69,071	52,661	-
Construction In Progress	-	3,063	5,043	3,388	-
Leasehold Improvements	-	575.32	443.76	102.61	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.