Blackfinch Spring VCT Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5.38	3.68	3.73	2.69	4.97	2.47
Cash & Short-Term Investments	5.38	3.68	3.73	2.69	4.97	2.47
Cash Growth	-37.27%	-1.47%	39.07%	-45.93%	100.92%	-
Other Receivables	-	-	0.21	-	0	0.04
Receivables	0.01	-	0.21	-	0	0.04
Prepaid Expenses	-	0.01	0	0	0	0
Total Current Assets	5.39	3.69	3.94	2.69	4.97	2.51
Long-Term Investments	59.35	44.77	25.76	16.78	6.96	1.26
Total Assets	64.73	48.46	29.7	19.47	11.93	3.77
Accounts Payable	-	0.02	0.04	0.01	-	0
Accrued Expenses	-	0.43	0.3	0.19	0.16	0.08
Other Current Liabilities	0.54	-	-	-	0.01	0.01
Total Current Liabilities	0.54	0.45	0.34	0.2	0.17	0.09
Total Liabilities	0.54	0.45	0.34	0.2	0.17	0.09
Common Stock	0.65	0.46	0.29	0.21	0.13	0.04
Additional Paid-In Capital	38.13	18.91	1.29	19.56	11.81	3.86
Retained Earnings	4.34	28.64	27.78	-0.5	-0.18	-0.27
Total Common Equity	64.19	48.01	29.36	19.27	11.76	3.63
Shareholders' Equity	64.19	48.01	29.36	19.27	11.76	3.68
Total Liabilities & Equity	64.73	48.46	29.7	19.47	11.93	3.77
Net Cash (Debt)	5.38	3.68	3.73	2.69	4.97	2.47
Net Cash Growth	-37.27%	-1.47%	39.07%	-45.93%	100.92%	-
Net Cash Per Share	0.11	0.09	0.14	0.15	0.51	0.68
Filing Date Shares Outstanding	64.78	46.33	28.91	21.21	12.63	3.62
Total Common Shares Outstanding	64.78	46.33	28.91	21.21	12.63	3.62
Working Capital	4.85	3.24	3.6	2.48	4.8	2.42
Book Value Per Share	0.99	1.04	1.02	0.91	0.93	1.00
Tangible Book Value	64.19	48.01	29.36	19.27	11.76	3.63
Tangible Book Value Per Share	0.99	1.04	1.02	0.91	0.93	1.00

Source: S&P Capital IQ. Standard template. Financial Sources.