Aradel Holdings Plc (NGX:ARADEL)

Aradel Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	230.45	267.14	205.84	135.49	31.04	13.39
Cash & Short-Term Investments	230.45	267.14	205.84	135.49	31.04	13.39
Cash Growth	-17.06%	29.78%	51.92%	336.58%	131.79%	-37.13%
Accounts Receivable	24.91	43.48	57.85	39.14	11.77	13.76
Other Receivables	2.32	1.12	2.35	0.52	0.21	4.56
Receivables	27.23	44.6	60.2	70.4	45.11	49.72
Inventory	27.21	30.43	17.97	20.91	12	8.97
Prepaid Expenses	0.21	0.22	0.09	0.22	0.5	0.76
Restricted Cash	-	6.75	13.06	-	-	-
Other Current Assets	1.51	0.32	0.35	0.79	-	-
Total Current Assets	286.61	349.45	297.51	227.81	88.65	72.84
Property, Plant & Equipment	434.78	438.94	431.26	499.25	474.46	425.53
Long-Term Investments	461.49	345.92	308.5	299.93	287.97	264.04
Other Intangible Assets	0.72	0.81	1.36	1.04	1.89	0.08
Long-Term Deferred Tax Assets	-	-	-	28.48	61.59	31.71
Total Assets	1,184	1,135	1,039	1,057	914.55	794.2
Accounts Payable	8.88	24.03	22.3	19.24	17.88	20.95
Accrued Expenses	39.44	39.72	31.18	25.2	16.34	10.25
Short-Term Debt	55.95	20.32	-	-	-	-
Current Portion of Long-Term Debt	8.7	15.65	19.82	39.56	18.58	18.77
Current Income Taxes Payable	23.62	22.97	16.22	10.07	6.55	0.91
Current Unearned Revenue	0.87	1.8	1.99	-	-	-
Other Current Liabilities	16.03	14.65	10.72	8.82	7.29	5.8
Total Current Liabilities	153.48	139.14	102.23	102.9	66.65	56.68
Long-Term Debt	26.77	26.56	49.88	80.4	32.82	50
Long-Term Deferred Tax Liabilities	38.09	34.61	20.68	-	-	-
Other Long-Term Liabilities	16	23.96	73.29	143.93	109.4	57.54
Total Liabilities	234.34	224.27	246.09	327.22	208.87	164.22
Common Stock	19.32	1.41	2.44	4.85	5.26	5.69
Additional Paid-In Capital	78.96	14.8	25.67	50.93	55.29	59.82
Retained Earnings	836.96	256.37	235.11	380.31	388.71	347.26
Comprehensive Income & Other	6.64	632.65	522.88	289.62	252.82	213.7
Total Common Equity	941.87	905.23	786.09	725.71	702.09	626.47
Minority Interest	7.39	5.62	6.46	3.58	3.59	3.51
Shareholders' Equity	949.26	910.85	792.55	729.29	705.68	629.98
Total Liabilities & Equity	1,184	1,135	1,039	1,057	914.55	794.2
Total Debt	91.43	62.53	69.7	119.96	51.39	68.77
Net Cash (Debt)	139.02	204.6	136.14	15.54	-20.36	-55.38
Net Cash Growth	-38.11%	50.29%	776.27%	-	-	-
Net Cash Per Share	0.03	0.05	0.03	0.00	-0.00	-0.01
Filing Date Shares Outstanding	4,345	4,345	4,345	4,345	4,345	4,345
Total Common Shares Outstanding	4,345	4,345	4,345	4,345	4,345	4,345
Working Capital	133.13	210.31	195.28	124.92	22	16.16
Book Value Per Share	0.22	0.21	0.18	0.17	0.16	0.14
Tangible Book Value	941.15	904.42	784.73	724.67	700.2	626.39
Tangible Book Value Per Share	0.22	0.21	0.18	0.17	0.16	0.14
Land	-	3.38	3.44	1.27	1.38	1.49
Buildings	-	3.8	3.85	2.18	2.37	2.56
Machinery	-	15.29	13.95	13.17	12.68	11.73

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.