Darco Water Technologies Limited (SGX:BLR)

Model N Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.63	7.96	12.84	19.83	23.43	19.01
Cash & Short-Term Investments	5.63	7.96	12.84	19.83	23.43	19.01
Cash Growth	-34.55%	-38.05%	-35.23%	-15.38%	23.29%	-30.69%
Accounts Receivable	45.66	44.14	33.47	37.1	37.58	50.42
Other Receivables	0.56	1.69	1.53	2.08	2.09	4.06
Receivables	46.22	45.84	35.01	39.21	40.74	55.21
Inventory	1.8	2.06	2.41	3.54	4.54	1.82
Prepaid Expenses	-	0.21	0.25	0.81	0.37	0.85
Other Current Assets	1.19	1.57	1.89	4.85	3.87	5.39
Total Current Assets	54.84	57.62	52.4	68.24	72.95	82.27
Property, Plant & Equipment	4.03	6.14	5.7	5.49	6.23	6.71
Goodwill	-	0.91	0.91	0.91	0.91	0.91
Other Intangible Assets	13.65	13.88	14.39	10.89	1.81	0.72
Long-Term Deferred Tax Assets	0.8	0.83	0.84	0.87	0.97	0.41
Other Long-Term Assets	-	-	0	0.58	0.8	1.32
Total Assets	73.31	79.38	74.24	86.97	83.65	92.34
Accounts Payable	32.87	20.23	16.84	19.97	20.01	22.09
Accrued Expenses	-	2.54	2.15	2.29	1.62	2.28
Short-Term Debt	-	2.36	2.94	2.81	3.89	5.09
Current Portion of Long-Term Debt	4.88	2.26	0.07	0.06	0.12	0.3
Current Portion of Leases	0.34	0.54	0.38	0.23	0.29	0.32
Current Income Taxes Payable	0.03	0.01	0.01	0.34	0.42	0.39
Current Unearned Revenue	-	9.32	9.45	15.27	14.75	14.79
Other Current Liabilities	3.29	6.76	5.91	4.7	4.32	0.74
Total Current Liabilities	41.41	44	37.74	45.66	45.43	45.98
Long-Term Debt	0.6	0.64	2.87	0.77	0.88	1.02
Long-Term Leases	0.51	0.53	0.33	0.17	0.23	0.45
Long-Term Deferred Tax Liabilities	0.02	0.02	0.02	0.02	0	0
Other Long-Term Liabilities	3.77	3.94	3.69	3.36	-	0.76
Total Liabilities	46.31	49.13	44.65	49.97	46.54	48.22
Common Stock	76.77	76.77	76.77	76.77	76.77	76.77
Retained Earnings	-44.04	-41.88	-42.89	-37.47	-38.28	-31.83
Comprehensive Income & Other	-5.49	-5.5	-5.76	-4.66	-3.68	-3.78
Total Common Equity	27.24	29.38	28.12	34.64	34.81	41.16
Minority Interest	-0.23	0.87	1.47	2.36	2.31	2.95
Shareholders' Equity	27.01	30.25	29.59	37	37.11	44.12
Total Liabilities & Equity	73.31	79.38	74.24	86.97	83.65	92.34
Total Debt	6.33	6.31	6.58	4.04	5.41	7.17
Net Cash (Debt)	-0.7	1.64	6.26	15.79	18.02	11.84
Net Cash Growth	-	-73.77%	-60.33%	-12.36%	52.20%	-18.94%
Net Cash Per Share	-0.01	0.02	0.07	0.17	0.19	0.13
Filing Date Shares Outstanding	93.94	93.83	93.83	93.83	93.83	93.83
Total Common Shares Outstanding	93.94	93.83	93.83	93.83	93.83	93.83
Working Capital	13.43	13.62	14.66	22.58	27.51	36.29
Book Value Per Share	0.29	0.31	0.30	0.37	0.37	0.44
Tangible Book Value	13.59	14.6	12.82	22.84	32.09	39.54
Tangible Book Value Per Share	0.14	0.16	0.14	0.24	0.34	0.42
Land	-	4.11	4.01	4.2	4.57	4.45
Buildings	-	0.83	0.79	0.83	0.89	0.9
Machinery	-	4.91	4.39	3.97	4	4.35
Construction In Progress	-	0.39	0.37	0.39	0.4	0.39

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.