Marco Polo Marine Balance Sheet

Financials in millions SGD. Fiscal year is October - September.

Millions SGD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	52.25	68.77	63.1	53.51	20.35
Cash & Short-Term Investments	52.25	68.77	63.1	53.51	20.35
Cash Growth	-24.03%	8.99%	17.91%	162.99%	49.70%
Accounts Receivable	35.67	22.95	26.34	17.36	12.03
Other Receivables	3.35	2.05	0.61	1.97	0.21
Receivables	41.06	24.99	26.96	19.77	33.28
Inventory	0.93	3.67	8.37	1.63	1.25
Prepaid Expenses	1.82	1.87	1.16	0.98	0.87
Other Current Assets	13.62	12.29	19.97	4	0.34
Total Current Assets	109.67	111.59	119.55	79.89	56.08
Property, Plant & Equipment	232.18	155	99.05	95.29	61.27
Long-Term Investments	0.58	-	-	-	-
Other Long-Term Assets	3.1	-	-	-	-
Total Assets	349.29	274.4	229.08	188.11	139.58
Accounts Payable	12.91	15.35	15.03	11.99	7.23
Accrued Expenses	14.41	9.55	9.01	10.92	4.79
Current Portion of Long-Term Debt	8.27	25.06	0.97	0.97	0.97
Current Portion of Leases	1.97	1.81	1.55	0.3	0.21
Current Income Taxes Payable	4.64	2.87	5.28	1.55	0.94
Current Unearned Revenue	0.17	0.17	0.17	3.01	0.73
Other Current Liabilities	2.1	2.09	3.99	1.84	0.43
Total Current Liabilities	44.47	56.9	36	30.57	15.29
Long-Term Debt	34	7.92	1.29	2.28	3.25
Long-Term Leases	3.82	5.53	4.73	0.21	0.05
Long-Term Unearned Revenue	2.37	2.54	2.75	2.89	6.11
Long-Term Deferred Tax Liabilities	0.27	0.35	0.43	0.5	-
Other Long-Term Liabilities	0.09	0.09	-	-	-
Total Liabilities	85.02	73.33	45.19	36.45	24.7
Common Stock	163.84	163.84	163.84	156.3	155.75
Retained Earnings	74.56	19.46	1.29	-21.29	-42.64
Treasury Stock	-1.2	-1.2	-1.2	-1.2	-1.2
Comprehensive Income & Other	1.66	2.87	3.91	5.07	2.97
Total Common Equity	238.86	184.97	167.84	138.88	114.88
Minority Interest	25.42	16.11	16.05	12.78	-
Shareholders' Equity	264.27	201.07	183.89	151.66	114.88
Total Liabilities & Equity	349.29	274.4	229.08	188.11	139.58
Total Debt	48.06	40.32	8.54	3.76	4.48
Net Cash (Debt)	4.18	28.45	54.56	49.76	15.87
Net Cash Growth	-85.30%	-47.85%	9.65%	213.47%	22.39%
Net Cash Per Share	0.00	0.01	0.01	0.01	0.00
Filing Date Shares Outstanding	3,759	3,754	3,754	3,554	3,523
Total Common Shares Outstanding	3,754	3,754	3,754	3,542	3,523
Working Capital	65.2	54.7	83.55	49.33	40.79
Book Value Per Share	0.06	0.05	0.04	0.04	0.03
Tangible Book Value	238.86	184.97	167.84	138.88	114.88
Tangible Book Value Per Share	0.06	0.05	0.04	0.04	0.03
Land	6.31	6.31	6.31	6.31	6.31
Machinery	281.56	173.38	184.68	230.54	165.03
Construction In Progress	8.95	71.11	7.74	0.12	0.98
Leasehold Improvements	54.33	38.16	38.01	-	34.33

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