← IHS Holding Ltd
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | — | — | — | $1.3b | $972.6m | $924.3m | $2.5b | |
| Trade and other receivables | — | $327.2m | $469.1m | $663.5m | $607.8m | $313.4m | $181.4m | |
| Inventories | — | $49.2m | $42.0m | $74.2m | $40.6m | $30.7m | $42.1m | |
| Income tax receivable | $233k | — | $128k | $1.2m | $3.8m | $2.2m | $800k | |
| Cash and cash equivalents | $898.8m | $585.4m | $916.5m | $514.1m | $293.8m | $578.0m | $825.7m | |
| Accounts receivable, net | $51.1m | $81.1m | $63.1m | $98.0m | $81.2m | $77.1m | $79.7m | |
| Prepayment and other current assets, net | — | — | — | $15.3m | $31.2m | $30.8m | $44.8m | |
| Prepayment and other current assets | $2.5m | $2.5m | $13.1m | $15.3m | — | — | — | |
| Allowance For Doubtful Accounts Receivable | — | — | — | ($25.4m) | ($21.2m) | ($16.3m) | ($12.1m) | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | $514.1m | $293.8m | $578.0m | $825.7m | |
| Gross Accounts Receivable | — | — | — | $236.4m | $233.5m | $237.2m | $119.6m | |
| Other Receivables | — | — | — | $387.0m | $317.5m | $46.0m | $33.4m | |
| Prepaid Assets | — | — | — | $49.9m | $64.4m | $26.2m | $23.7m | |
| Taxes Receivable | — | — | — | $1.2m | $17.5m | $22.6m | $17.6m | |
| Total current assets | $60.5m | $103.1m | $153.5m | $183.8m | $306.9m | $305.6m | $366.6m | |
| Property, plant and equipment | $3.4b | $1.4b | $1.7b | $2.1b | $1.7b | $1.4b | $816.1m | |
| Goodwill | $518.1m | $656.3m | $837.4m | $760.3m | $619.3m | $403.2m | $262.7m | |
| Intangible Assets Other Than Goodwill | — | $690.8m | $701.4m | $1.1b | $933.0m | $674.0m | $288.9m | |
| Other intangible assets | — | $690.8m | $701.4m | $1.1b | $933.0m | $674.0m | $288.9m | |
| Intangible assets, net | $14.7m | $15.6m | $16.7m | $20.3m | $20.3m | $40.5m | $34.7m | |
| Goodwill And Other Intangible Assets | — | — | — | $1.8b | $1.6b | $1.1b | $551.6m | |
| Right of use assets | $300k | $468.1m | $520.7m | $964.0m | $886.9m | $699.1m | $369.9m | |
| Right-of-use assets | $2.0m | $1.7m | $1.3m | $750k | $377k | $371k | $261k | |
| Additional Financial Items | ||||||||
| Current Tax Assets Current | — | — | $128k | $1.2m | $3.8m | $2.2m | $800k | |
| Current Tax Liabilities Current | — | $48.7m | $68.8m | $70.0m | $75.6m | $49.9m | $69.9m | |
| Current Value Added Tax Payables | — | — | — | $51.1m | $37.8m | $29.9m | $22.9m | |
| Deferred Tax Assets | $533k | $760k | $56k | $78.4m | $63.8m | $73.3m | $65.1m | |
| Issued Capital | — | $4.5b | $5.2b | $99.6m | $99.8m | $100.0m | $100.7m | |
| Trade And Other Current Payables | — | $409.5m | $499.4m | $669.1m | $532.6m | $422.5m | $278.0m | |
| Trade And Other Current Receivables | — | $327.2m | $469.1m | $663.5m | $607.8m | $313.4m | $181.4m | |
| Deferred income tax assets | — | $13.4m | $11.1m | $78.4m | $63.8m | $73.3m | $65.1m | |
| Derivative financial instrument assets | — | $27.5m | $165.1m | $6.1m | $565k | $29.4m | $48.1m | |
| Assets held for sale | — | — | — | — | $26.0m | — | $1.5b | |
| Trade and other payables | — | $9.6m | $312k | $1.5m | $4.6m | $422.5m | $278.0m | |
| Borrowings | — | $2.0b | $2.4b | $2.9b | $3.1b | $128.7m | $295.7m | |
| Lease liabilities | — | $286.5m | $325.5m | $517.3m | $510.8m | $82.1m | $60.7m | |
| Provisions for other liabilities and charges | $29.8m | $49.5m | $71.6m | $84.5m | $86.1m | $182k | $6.0m | |
| Derivative financial instrument liabilities | — | $7.3m | $3.8m | $1.4m | $68.1m | $10.2m | — | |
| Income tax payable | $30.4m | $48.7m | $68.8m | $70.0m | $75.6m | $49.9m | $69.9m | |
| Stated capital | — | $4.5b | $5.2b | $5.3b | $5.4b | $5.4b | $5.4b | |
| Accumulated losses | — | ($2.8b) | ($2.9b) | ($3.3b) | ($5.3b) | ($6.9b) | ($6.8b) | |
| Other reserves | ($587.2m) | ($485.5m) | ($780.3m) | ($861.4m) | $8.4m | $1.1b | $1.1b | |
| Equity attributable to owners of the Company | — | $1.2b | $1.6b | $1.1b | $109.8m | ($454.6m) | ($251.3m) | |
| Unamortized produced content, net | $1.7m | $1.3m | $1.9m | $807k | — | $16k | $17k | |
| Short-term bank loans | $718k | $5.2m | $5.0m | $4.4m | $4.2m | $9.6m | $6.4m | |
| Contract liabilities | — | — | — | $147k | $130k | $27k | $1k | |
| Due to related parties | — | $730k | $500k | — | — | $1.1m | $2.8m | |
| Other taxes payable | $1.9m | $7.9m | $13.1m | $19.1m | $28.2m | $25.1m | $19.3m | |
| Lease liabilities current | $313k | $385k | $291k | $208k | $330k | $109k | $127k | |
| Long-term bank loan | — | $1.4m | — | — | $1.4m | $1.4m | — | |
| Lease liabilities non-current | $1.7m | $1.4m | $1.1m | $471k | — | $250k | $134k | |
| Ordinary shares value | $4k | $6k | $7k | $7k | $10k | $10k | $234k | |
| Statutory reserve | $431k | $648k | $1.2m | $1.4m | $1.4m | $1.4m | $1.4m | |
| Non-controlling interest | $475k | $471k | $553k | $75k | $78k | $77k | $85k | |
| Prepayment and other non-current assets, net | — | $20.6m | $21.4m | $1k | — | — | — | |
| Warrant liability | — | $833k | $24k | $86k | — | — | — | |
| Advances from customers | $610k | $609k | $536k | $147k | — | — | — | |
| Other Current Liabilities | $6.1m | $11.3m | — | $1.4m | $68.1m | $10.2m | $493.0m | |
| Borrowed from related parties | $1.5m | $730k | — | — | — | — | — | |
| Accumulated Depreciation | — | — | — | ($1.9b) | ($1.4b) | ($1.4b) | ($1.3b) | |
| Assets Held For Sale Current | — | — | — | $0 | $26.0m | $0 | $1.5b | |
| Available For Sale Securities | — | — | $11k | $10k | $13k | — | — | |
| Capital Lease Obligations | — | — | — | $605.6m | $602.0m | $552.6m | $372.4m | |
| Cash Financial | — | — | — | $514.1m | $293.8m | $578.0m | $825.7m | |
| Construction In Progress | — | — | — | $287.2m | $274.6m | $145.3m | $108.6m | |
| Current Accrued Expenses | — | — | — | $45.3m | $46.3m | $42.8m | $34.4m | |
| Current Capital Lease Obligation | — | — | — | $87.2m | $91.2m | $82.1m | $60.7m | |
| Current Debt | — | — | — | $438.1m | $454.2m | $128.7m | $295.7m | |
| Current Debt And Capital Lease Obligation | — | — | — | $525.4m | $545.3m | $210.8m | $356.4m | |
| Current Deferred Liabilities | — | — | — | $86.4m | $41.5m | $19.5m | $46.6m | |
| Current Provisions | — | — | — | $483k | $277k | $200k | $6.0m | |
| Financial Assets | — | — | — | $6.1m | $1.5m | $29.4m | $48.1m | |
| Gross PPE | — | — | — | $4.9b | $4.1b | $3.4b | $2.5b | |
| Hedging Assets Current | — | — | $0 | $0 | $565k | $0 | — | |
| Invested Capital | — | — | — | $4.5b | $3.6b | $2.9b | $2.9b | |
| Investmentin Financial Assets | — | — | $11k | $10k | $13k | — | — | |
| Investments And Advances | — | — | $11k | $10k | $13k | — | — | |
| Line Of Credit | — | — | — | $197.5m | $320.1m | $6.8m | $100k | |
| Long Term Capital Lease Obligation | — | — | — | $518.3m | $510.8m | $470.5m | $311.7m | |
| Long Term Provisions | — | — | — | $84.5m | $86.1m | $83.8m | $59.7m | |
| Machinery Furniture Equipment | — | — | — | $59.6m | $43.8m | $53.2m | $34.1m | |
| Net Debt | — | — | — | $2.8b | $3.2b | $2.8b | $2.3b | |
| Net PPE | — | — | — | $3.0b | $2.7b | $2.0b | $1.2b | |
| Net Tangible Assets | — | — | — | ($679.5m) | ($1.4b) | ($1.6b) | ($802.9m) | |
| Non Current Accounts Receivable | — | — | — | $130.3m | $85.4m | $96.4m | $24.3m | |
| Non Current Deferred Assets | — | — | — | $78.4m | $63.8m | $73.3m | $154.4m | |
| Non Current Deferred Liabilities | — | — | — | $183.5m | $137.1m | $88.6m | $40.4m | |
| Non Current Deferred Taxes Assets | — | — | — | $78.4m | $63.8m | $73.3m | $65.1m | |
| Ordinary Shares Number | — | — | — | $331.9m | $332.5m | $333.4m | $335.5m | |
| Other Current Borrowings | — | — | — | $240.6m | $134.0m | $121.9m | $295.6m | |
| Other Equity Adjustments | — | — | — | ($861.3m) | $8.4m | $1.1b | $1.1b | |
| Other Payable | — | — | — | $37.6m | $72.9m | $49.7m | $22.2m | |
| Other Properties | — | — | — | $4.5b | $3.8b | $3.2b | $2.3b | |
| Properties | — | — | — | $63.6m | $39.3m | $27.5m | $26.5m | |
| Raw Materials | — | — | — | $74.2m | $40.6m | $30.6m | $42.1m | |
| Share Issued | — | — | — | $331.9m | $332.5m | $333.4m | $335.5m | |
| Tangible Book Value | — | — | — | ($679.5m) | ($1.4b) | ($1.6b) | ($802.9m) | |
| Tradeand Other Payables Non Current | — | — | — | $1.5m | $4.6m | $50.6m | $122.3m | |
| Working Capital | — | — | — | ($13.5m) | ($249.3m) | $276.1m | $1.3b | |
| TOTAL EQUITY | $1.4b | $1.2b | $1.7b | $1.4b | $347.4m | ($295.8m) | ($89.8m) | |
| Total non-current assets | $19.2m | $40.3m | $41.6m | $22.1m | $20.8m | $41.0m | $35.1m | |
| Total non-current liabilities | $1.7m | $3.6m | $1.2m | $557k | $1.4m | $1.6m | $134k | |
| TOTAL CHEER HOLDING, INC SHAREHOLDERS’ EQUITY | $61.8m | $104.0m | $158.9m | $172.4m | $279.9m | $305.0m | $369.7m | |
| TOTAL SHAREHOLDERS’ EQUITY | $62.3m | $104.4m | $159.5m | $172.5m | $280.0m | $305.1m | $369.8m | |
| Total Capitalization | — | — | — | $4.0b | $3.2b | $2.7b | $2.6b | |
| Total Debt | — | — | — | $3.9b | $4.1b | $3.9b | $3.5b | |
| Total Tax Payable | — | — | — | $126.9m | $117.0m | $82.1m | $96.3m | |
| Total Assets | $3.4b | $4.4b | $5.4b | $6.3b | $5.4b | $4.3b | $4.5b | |
| LIABILITIES AND EQUITY | ||||||||
| Current Liabilities | — | — | — | $1.3b | $1.2b | $648.2m | $1.2b | |
| Accounts payable | $4.5m | $7.9m | $12.9m | $6.4m | $9.6m | $2.0m | $2.7m | |
| Accrued liabilities and other payables | — | $11.3m | $2.3m | $2.6m | $3.8m | $1.9m | $444k | |
| Current Deferred Revenue | — | — | — | $86.4m | $41.5m | $19.5m | $46.6m | |
| Payables And Accrued Expenses | — | — | — | $652.8m | $566.8m | $407.5m | $301.3m | |
| Total current liabilities | $15.7m | $35.4m | $34.6m | $32.9m | $46.2m | $39.9m | $31.8m | |
| Deferred Tax Liabilities | — | — | — | $186.3m | $137.1m | $100.5m | $40.4m | |
| Deferred Tax Liability Asset | — | $163.7m | $107.1m | $107.9m | $73.3m | $27.1m | ($24.7m) | |
| Increase Decrease Through Business Combinations Deferred Tax Liability Asset | — | ($98.7m) | $28.5m | $139.1m | — | — | — | |
| Deferred income tax liabilities | — | $177.2m | $118.2m | $186.3m | $137.1m | $100.5m | $40.4m | |
| Long Term Debt | — | — | — | $2.9b | $3.1b | $3.2b | $2.8b | |
| Long Term Debt And Capital Lease Obligation | — | — | — | $3.4b | $3.6b | $3.7b | $3.2b | |
| Non Current Deferred Taxes Liabilities | — | — | — | $183.5m | $137.1m | $88.6m | $40.4m | |
| Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset | — | ($24.6m) | ($11.4m) | ($7.0m) | ($24.9m) | ($4.7m) | ($300k) | |
| Total Liabilities | $1.3b | $3.2b | $3.7b | $5.0b | $5.0b | $4.6b | $4.6b | |
| Additional paid-in capital | $13.4m | $9.2m | $25.6m | $27.0m | $106.2m | $113.5m | $137.7m | |
| Retained earnings | $49.5m | $89.3m | $124.0m | $150.7m | $181.2m | $207.1m | $232.7m | |
| Accumulated other comprehensive loss | ($1.6m) | $4.9m | $8.1m | ($6.7m) | ($8.9m) | ($17.0m) | ($2.4m) | |
| Capital Stock | — | — | — | $5.3b | $5.4b | $5.4b | $5.4b | |
| Common Stock Equity | — | — | — | $1.1b | $109.8m | ($473.2m) | ($251.3m) | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | ($861.3m) | $8.4m | $1.1b | $1.1b | |
| Noncontrolling Interests | — | $14.2m | $173.6m | $227.2m | $237.5m | $158.8m | $161.5m | |
| Minority Interest | — | — | — | $227.2m | $237.5m | $158.8m | $161.5m | |
| Total Equity Gross Minority Interest | — | — | — | $1.4b | $347.4m | ($314.4m) | ($89.8m) | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | $3.7b | $3.8b | $3.9b | $3.4b | |
| TOTAL LIABILITIES AND EQUITY | $4.4b | $5.5b | $6.3b | $5.4b | $4.3b | $4.5b | ||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $79.7m | $143.4m | $195.2m | $206.0m | $327.6m | $346.6m | $401.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.