Wesure Global Tech Ltd (TLV: WESR)

Wesure Global Tech Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	622.09	602.22	540.78	-	-	0.12
Investments in Equity & Preferred Securities	1,265	1,070	896.77	13.82	-	-
Other Investments	7,719	7,032	6,743	254.52	-	-
Total Investments	10,504	9,691	9,138	289.37	150.5	57.3
Cash & Equivalents	824.95	731.84	913.27	120.7	62.22	18.09
Reinsurance Recoverable	4,602	4,471	4,248	371.85	217.41	75.87
Other Receivables	2,086	1,703	1,549	40.08	19.07	7.81
Deferred Policy Acquisition Cost	405.22	304.13	189.95	18.89	11.46	4.08
Property, Plant & Equipment	242.02	244.27	239.44	5.85	6.37	7.08
Goodwill	-	1.24	1.24	-	-	-
Other Intangible Assets	352.46	317.77	280.78	16.91	13.97	14.39
Other Current Assets	-	79.97	65.41	20.22	2.52	2.73
Long-Term Deferred Tax Assets	71.03	101.85	130.33	-	0.72	1.53
Total Assets	19,087	17,646	16,756	883.87	484.25	188.88
Accounts Payable	-	74.15	34.9	4.6	5.31	3.65
Accrued Expenses	-	154.6	185.77	6.63	4.75	1.03
Insurance & Annuity Liabilities	15,154	7,268	6,965	32.25	-	-
Unpaid Claims	-	5,298	5,006	349.48	-	-
Unearned Premiums	-	1,441	1,209	118.08	89.58	37.51
Reinsurance Payable	-	-	-	-	133.32	47.11
Current Income Taxes Payable	28.6	4.7	0.37	3.13	0.4	-
Long-Term Debt	871.74	868.14	874.68	20	11.13	1.5
Long-Term Leases	25.43	27.93	31.5	5.28	5.37	6.18
Long-Term Deferred Tax Liabilities	88.04	83.68	79.09	3.37	1.19	-
Other Current Liabilities	21.37	3.01	60.67	-	-	-
Other Long-Term Liabilities	2,072	1,754	1,717	215.19	204.9	66.37
Total Liabilities	18,330	17,042	16,230	762.96	456.97	164.34
Common Stock	432.18	416.2	414.11	118.09	0.13	0.13
Additional Paid-In Capital	-	-	-	-	29.67	29.67
Retained Earnings	141.47	62.65	22.24	0.64	-4.58	-6.81
Comprehensive Income & Other	12.83	-28.04	-39.74	2.18	2.06	1.55
Total Common Equity	586.48	450.81	396.61	120.91	27.28	24.54
Minority Interest	170.52	152.75	129.21	-	-	-
Shareholders' Equity	757	603.56	525.81	120.91	27.28	24.54
Total Liabilities & Equity	19,087	17,646	16,756	883.87	484.25	188.88
Filing Date Shares Outstanding	116.9	111.49	111.44	63.8	65.51	50.29
Total Common Shares Outstanding	116.9	111.49	111.44	63.8	65.51	50.29
Total Debt	897.18	896.06	906.17	25.28	16.5	7.68
Net Cash (Debt)	-72.23	-164.23	7.1	95.42	45.72	10.41
Net Cash Growth	-	-	-92.56%	108.69%	339.03%	-75.98%
Net Cash Per Share	-0.65	-1.47	0.08	1.49	0.89	0.08
Book Value Per Share	5.02	4.04	3.56	1.58	0.42	0.49
Tangible Book Value	234.02	131.8	114.59	104	13.3	10.15
Tangible Book Value Per Share	2.00	1.18	1.03	1.36	0.20	0.20
Land	-	292.92	278.84	6.01	-	-
Machinery	-	131.37	123.76	3.34	2.69	1.75
Leasehold Improvements	-	21.79	21.61	-	-	-

Source: S&P Capital IQ. Insurance template. Financial Sources.