Wellspire Holdings Berhad (KLSE:WELLS)

Wellspire Holdings Berhad Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	49.5	41.29	41.81	10.47	5.88	4.02
Short-Term Investments	-	0.16	0.17	0.08	0.14	0
Cash & Short-Term Investments	49.5	41.45	41.98	10.55	6.03	4.03
Cash Growth	49.44%	-1.27%	298.05%	75.01%	49.69%	430.23%
Accounts Receivable	25.71	34.85	19.1	18.65	17.94	22.82
Other Receivables	-	1.17	1.37	0.87	0.02	-
Receivables	25.71	36.01	20.47	19.51	17.97	22.82
Inventory	15.48	15.12	6.13	7.82	6.25	2.66
Prepaid Expenses	-	0.39	0.94	0.77	0.34	1.69
Total Current Assets	90.68	92.96	69.52	38.65	30.58	31.19
Property, Plant & Equipment	4.61	5.69	1.8	1.97	2.31	3.53
Long-Term Investments	-	-	-	-	-	0.28
Total Assets	95.29	98.65	71.32	40.63	32.89	35
Accounts Payable	5.41	7.34	0.09	0.87	0.87	0.08
Accrued Expenses	-	2.91	1.09	2.88	0.99	1.2
Short-Term Debt	0.74	-	2.69	4.98	9.72	2.68
Current Portion of Long-Term Debt	0.01	0.02	0.11	0.1	0.1	0.09
Current Portion of Leases	1.73	1.73	0.31	0.47	1.97	1.85
Current Income Taxes Payable	0.36	3.64	1.02	0.56	1.89	3.81
Other Current Liabilities	-	3.11	1.37	0.17	0.88	1.02
Total Current Liabilities	8.25	18.75	6.68	10.02	16.41	10.73
Long-Term Debt	-	0.01	0.13	0.22	0.31	0.38
Long-Term Leases	2.16	3.46	0.52	0.34	0.4	2.5
Long-Term Deferred Tax Liabilities	5.77	4.62	3.15	2.33	1.3	1.8
Total Liabilities	16.18	26.84	10.47	12.91	18.42	15.4
Common Stock	50.53	50.53	50.53	23.5	13.5	11.5
Retained Earnings	25.6	20.45	12.14	9.5	8.36	14.36
Comprehensive Income & Other	-10.92	-10.56	-9.97	-11.14	-11.33	-11.17
Total Common Equity	65.21	60.42	52.7	21.87	10.53	14.7
Minority Interest	13.91	11.39	8.15	5.84	3.94	4.9
Shareholders' Equity	79.12	71.81	60.85	27.71	14.47	19.6
Total Liabilities & Equity	95.29	98.65	71.32	40.63	32.89	35
Total Debt	4.63	5.23	3.75	6.11	12.5	7.5
Net Cash (Debt)	44.87	36.22	38.23	4.44	-6.48	-3.47
Net Cash Growth	38.08%	-5.27%	761.32%	-	-	-
Net Cash Per Share	0.06	0.05	0.05	0.01	-0.01	-
Filing Date Shares Outstanding	712.13	712.13	712.13	712.13	587.53	-
Total Common Shares Outstanding	712.13	712.13	712.13	587.53	587.53	-
Working Capital	82.43	74.22	62.84	28.63	14.17	20.46
Book Value Per Share	0.09	0.08	0.07	0.04	0.02	-
Tangible Book Value	65.21	60.42	52.7	21.87	10.53	14.7
Tangible Book Value Per Share	0.09	0.08	0.07	0.04	0.02	-
Machinery	-	1.65	1.68	1.42	0.95	0.76

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