Red Star Express Plc (NGX:REDSTAREX)

Red Star Express Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	1,396	1,368	1,119	589.14	460.34	954.97
Cash & Short-Term Investments	1,396	1,368	1,119	589.14	460.34	954.97
Cash Growth	69.52%	22.22%	89.99%	27.98%	-51.80%	-47.68%
Accounts Receivable	3,191	3,309	2,416	2,612	2,369	2,074
Other Receivables	343.71	-	-	16.42	33.26	1,118
Receivables	3,535	3,309	2,416	2,697	2,480	3,192
Inventory	83.72	73.14	70.64	98.03	91.71	66.54
Prepaid Expenses	376.98	322.96	184.37	183.08	78.57	275.26
Other Current Assets	2,006	1,880	1,818	1,333	1,308	-
Total Current Assets	7,397	6,954	5,608	4,899	4,419	4,489
Property, Plant & Equipment	2,980	2,957	3,355	3,330	3,035	2,834
Long-Term Investments	3.36	3.36	2.17	0.87	1.7	2.33
Other Intangible Assets	148.37	154.63	9.97	25.75	45.35	45.23
Other Long-Term Assets	132.38	210.59	268.77	401.94	251.47	168.34
Total Assets	10,661	10,279	9,244	8,658	7,752	7,539
Accounts Payable	1,653	1,743	1,145	1,852	1,092	763.37
Accrued Expenses	2,533	2,360	2,119	1,032	1,311	1,193
Current Portion of Long-Term Debt	57.4	113.31	262.43	138.42	104.57	104.57
Current Portion of Leases	47.31	45.5	27.05	27.38	21.5	123.64
Current Income Taxes Payable	381.08	283.85	124.48	204.26	227.53	176.23
Other Current Liabilities	670.94	618.92	440.56	308.6	319.96	358.25
Total Current Liabilities	5,342	5,165	4,118	3,563	3,076	2,719
Long-Term Debt	-	-	167.38	183.18	274.77	379.81
Long-Term Leases	11.83	13.64	47.66	55.14	68.47	56.79
Long-Term Deferred Tax Liabilities	216.63	216.63	236.61	278.75	139.42	150.18
Other Long-Term Liabilities	1.51	1.51	-	-	-	-
Total Liabilities	5,572	5,396	4,570	4,080	3,559	3,306
Common Stock	477.21	477.21	477.21	477.21	477.21	463.18
Additional Paid-In Capital	1,516	1,516	1,516	1,516	1,516	1,437
Retained Earnings	3,094	2,887	2,679	2,585	2,200	2,331
Comprehensive Income & Other	2.82	2.82	1.64	0.33	1.16	1.79
Shareholders' Equity	5,089	4,883	4,674	4,578	4,194	4,233
Total Liabilities & Equity	10,661	10,279	9,244	8,658	7,752	7,539
Total Debt	116.54	172.44	504.52	404.13	469.31	664.81
Net Cash (Debt)	1,279	1,196	614.78	185.01	-8.97	290.16
Net Cash Growth	202.84%	94.47%	232.29%	-	-	-81.05%
Net Cash Per Share	1.34	1.25	0.64	0.19	-0.01	0.30
Filing Date Shares Outstanding	954.42	954.42	954.42	954.42	954.45	954.42
Total Common Shares Outstanding	954.42	954.42	954.42	954.42	954.45	954.42
Working Capital	2,055	1,789	1,490	1,337	1,343	1,770
Book Value Per Share	5.33	5.12	4.90	4.80	4.39	4.44
Tangible Book Value	4,941	4,728	4,664	4,552	4,148	4,188
Tangible Book Value Per Share	5.18	4.95	4.89	4.77	4.35	4.39
Land	414.41	414.41	554.13	554.13	553.73	519.11
Buildings	1,168	1,166	536.67	536.67	532.56	511.17
Machinery	5,073	4,958	4,499	4,113	3,779	3,393
Construction In Progress	64.22	121.14	1,044	909.46	458.23	255.19

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