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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	46.12	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	46.12	41.45	41.98	10.55	6.03	4.03
Cash Growth	4.33%	-1.27%	298.05%	75.01%	49.69%	430.23%
Accounts Receivable	24.41	34.85	19.1	18.65	17.94	22.82
Other Receivables	-	1.17	1.37	0.87	0.02	-
Receivables	24.41	36.01	20.47	19.51	17.97	22.82
Inventory	18.44	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	88.97	92.96	69.52	38.65	30.58	31.19
Property, Plant & Equipment	5.38	5.69	1.8	1.97	2.31	3.53
Long-Term Investments	-	-	-	-	-	0.28
Total Assets	94.34	98.65	71.32	40.63	32.89	35
Accounts Payable	3.78	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	-	-	2.69	4.98	9.72	2.68
Current Portion of Long-Term Debt	0.02	0.02	0.11	0.1	0.1	0.09
Current Portion of Leases	1.7	1.73	0.31	0.47	1.97	1.85
Current Income Taxes Payable	5.05	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	10.55	18.75	6.68	10.02	16.41	10.73
Long-Term Debt	0.01	0.01	0.13	0.22	0.31	0.38
Long-Term Leases	3.04	3.46	0.52	0.34	0.4	2.5
Long-Term Deferred Tax Liabilities	5.15	4.62	3.15	2.33	1.3	1.8
Total Liabilities	18.75	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	23.15	20.45	12.14	9.5	8.36	14.36
Comprehensive Income & Other	-10.65	-10.56	-9.97	-11.14	-11.33	-11.17
Total Common Equity	63.03	60.42	52.7	21.87	10.53	14.7
Minority Interest	12.57	11.39	8.15	5.84	3.94	4.9
Shareholders' Equity	75.6	71.81	60.85	27.71	14.47	19.6
Total Liabilities & Equity	94.34	98.65	71.32	40.63	32.89	35
Total Debt	4.77	5.23	3.75	6.11	12.5	7.5
Net Cash (Debt)	41.36	36.22	38.23	4.44	-6.48	-3.47
Net Cash Growth	2.49%	-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	78.42	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	63.03	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 Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.