Celtic plc (LSE: CCP) has just released their annual report and they ended fiscal year 2024 on June 30th with a new record high £77.2 million in cash!
With a market cap at £1.725 per share of £163.584 million and £77.2 million in net cash, CCP will now have an enterprise value of only £86.384 million or 0.693X their record high annual revenue of £124.6 million!
By the end of this week, Celtic will have over £100 million in cash after receiving initial payments from the UEFA Champions League!
Large infrastructure investments have been made over the past year including the construction of their huge new state-of-the-art Barrowfield Training Centre for their Youth and Women.
Celtic has significantly increased its cash position, while significantly improving its infrastructure, and significantly improving its squad where they are about to surpass all expectations in the UEFA Champions League!
CCP is the only stock we are extremely bullish on outside of the gold sector.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
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