Alef Education Holding Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	402.62	396.3	261.77	171.44	205.59
Trading Asset Securities	-	-	-	869.03	269.86
Cash & Short-Term Investments	402.62	396.3	261.77	1,040	475.45
Cash Growth	138.39%	51.39%	-74.84%	118.84%	-
Accounts Receivable	480.13	340.61	154.95	137.31	154.61
Other Receivables	-	-	109.76	387.01	249.83
Receivables	480.13	340.61	264.7	524.32	404.44
Total Current Assets	882.76	736.91	526.48	1,565	879.89
Property, Plant & Equipment	8.2	8.96	3.02	4.65	10.52
Other Intangible Assets	173.67	171.93	79.9	74.79	75.1
Long-Term Accounts Receivable	4.43	4.94	12.43	10.56	10.36
Total Assets	1,069	922.74	621.82	1,655	975.87
Accounts Payable	0.47	6.43	16.65	22.07	13.82
Accrued Expenses	38.85	55.09	46.56	43.79	40.06
Current Portion of Leases	3	3.2	0.23	-	-
Current Income Taxes Payable	55.59	44.22	-	-	-
Other Current Liabilities	277.37	36.53	30.8	17.6	30.97
Total Current Liabilities	375.28	145.47	94.24	83.46	84.84
Long-Term Leases	2.4	3.17	0.24	-	-
Total Liabilities	394.65	164.45	107.4	94.67	90.86
Common Stock	70	70	-	-	-
Additional Paid-In Capital	167.56	167.56	167.56	167.56	167.56
Retained Earnings	436.85	520.73	346.86	1,393	717.45
Shareholders' Equity	674.41	758.29	514.42	1,560	885.01
Total Liabilities & Equity	1,069	922.74	621.82	1,655	975.87
Total Debt	5.4	6.37	0.47	-	-
Net Cash (Debt)	397.23	389.93	261.3	1,040	475.45
Net Cash Growth	135.50%	49.23%	-74.89%	118.84%	-
Net Cash Per Share	0.06	0.07	-	-	-
Filing Date Shares Outstanding	7,000	7,000	-	-	-
Total Common Shares Outstanding	7,000	7,000	-	-	-
Working Capital	507.48	591.44	432.24	1,481	795.05
Book Value Per Share	0.10	0.11	-	-	-
Tangible Book Value	500.74	586.36	434.52	1,485	809.91
Tangible Book Value Per Share	0.07	0.08	-	-	-
Machinery	-	39.41	37.42	36.28	36.39
Leasehold Improvements	-	0.24	0.24	0.24	3.78

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.