Global Development Engineering Company Limited (GDEL)

GDEL Balance Sheet

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

Year Ending	Mar 31, 2025	Mar 31, 2024
Cash & Equivalents	0.66	0.37
Short-Term Investments	-	0.26
Cash & Cash Equivalents	0.66	0.63
Cash Growth	5.21%	-
Receivables	18.43	15.29
Other Current Assets	14.36	14.33
Total Current Assets	33.45	30.26
Property, Plant & Equipment	0.09	0.16
Goodwill and Intangibles	0.18	0.72
Other Long-Term Assets	0.59	0.53
Total Long-Term Assets	0.87	1.41
Total Assets	34.32	31.66
Accounts Payable	12.24	0.42
Deferred Revenue	1.29	0.34
Current Debt	7.96	18.33
Other Current Liabilities	1.53	0.57
Total Current Liabilities	23.02	19.65
Long-Term Debt	-	1.65
Total Long-Term Liabilities	-	1.65
Total Liabilities	23.02	21.31
Total Debt	7.96	19.98
Debt Growth	-60.17%	-
Retained Earnings	3.73	2.78
Shareholders' Equity	11.3	10.36
Net Cash (Debt)	-7.29	-19.35
Working Capital	10.43	10.6

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).