Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text of the page image; matched to OCR text and compared cell by cell with the page image; read from the page image) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review
Dannex Ayrton Starwin
On this page
Company details
- Legal name
- Dannex Ayrton Starwin Plc
- Listing
- DASPHARMA on the Ghana Stock Exchange, active (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · annual report, signed / final · source
-
Revenue
GHS 190 million
189,906,296 GHS units · p19
+9.7% vs 2024
-
Operating profit / (loss)
GHS 26.4 million
26,368,283 GHS units · p19
+39.0% vs 2024
-
Profit / (loss) for the year
GHS 14.7 million
14,654,621 GHS units · p19
+40.8% vs 2024
-
Total assets
GHS 126 million
126,077,623 GHS units · p18
+25.1% vs 2024
-
Total equity
GHS 41.4 million
41,412,058 GHS units · p18
+54.8% vs 2024
-
Cash from operations
GHS 4.69 million
4,693,301 GHS units · p21
−53.1% vs 2024
Large amounts are rounded for reading (GHS million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in GHS units unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — annual report, signed / final; reported for the year · source
- FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
Income statement
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Revenue | 189,906,296 | 173,108,660 |
| Cost of sales | (87,277,734) | (78,323,083) |
| Gross profit | 102,628,562 | 94,785,577 |
| Other operating income | 2,018,958 | 656,177 |
| Selling and distribution expenses | (22,555,197) | (18,603,709) |
| General and administrative expenses | (56,719,752) | (56,668,074) |
| Impairment reversal/(loss) on financial assets1 | 995,712 | (1,199,111) |
| Results from operating activities | 26,368,283 | 18,970,860 |
| Finance costs | (7,419,127) | (4,547,505) |
| Net finance costs2 | (7,419,127) | (4,547,505) |
| Profit before tax | 18,949,156 | 14,423,355 |
| Income tax expense3 | (3,820,806) | (3,655,360) |
| Growth and sustainability levy4 | (473,729) | (360,584) |
| Total income tax expense | (4,294,535) | (4,015,944) |
| Profit after tax | 14,654,621 | 10,407,411 |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 14,654,621 | 10,407,411 |
Notes and alternative reported figures (4)
- “Impairment reversal/(loss) on financial assets” is an issuer-specific line, not mapped to a shared definition: Note 27: impairment on financial assets, within results from operating activities.
- “Net finance costs” is an issuer-specific line, not mapped to a shared definition: Note 12: net finance costs (equal to finance costs; no finance income printed).
- “Income tax expense” is an issuer-specific line, not mapped to a shared definition: Note 17(a): income tax expense before the growth and sustainability levy.
- “Growth and sustainability levy” is an issuer-specific line, not mapped to a shared definition: Note 17(a): levy on profit before tax, part of total income tax expense.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| roperty, plant and equipmel | 38,572,903 | 31,609,735 |
| itangible asset | 115,316 | 40,812 |
| Deferred tax assets | 2,377,682 | 2,505,900 |
| Non-current assets | 41,065,901 | 34,156,447 |
| Inventories | 48,363,996 | 35,888,499 |
| Trade and other receivables | 20,810,575 | 17,238,068 |
| repayments1 | 11,229,827 | 8,753,667 |
| ash and bank balance | 4,607,324 | 4,770,962 |
| Current assets | 85,011,722 | 66,651,196 |
| Total assets | 126,077,623 | 100,807,643 |
| Share capital | 33,058,701 | 33,058,701 |
| Retained earnings | 8,353,357 | (6,301,264) |
| Total equity | 41,412,058 | 26,757,437 |
| Lease liabilities | 5,268,452 | 2,538,267 |
| Loans and borrowings | 2,924,569 | 6,418,968 |
| Employee benefits obligations2 | 5,104,698 | 4,819,988 |
| Deferred tax liabilities | 71,210 | 1,330,133 |
| Due to related parties3 | 1,320,051 | 1,194,927 |
| Non-current liabilities | 14,688,980 | 16,302,283 |
| Lease liabilities | 1,362,217 | 605,184 |
| Bank overdraft | 18,698,660 | 10,292,679 |
| Current tax liabilities | 3,286,003 | 1,819,846 |
| Loans and borrowings | 5,898,519 | 8,019,347 |
| Employee benefits obligations2 | 1,577,510 | 1,067,644 |
| Trade and other payables | 39,138,020 | 35,866,377 |
| Due to related parties3 | 15,656 | 76,846 |
| Current liabilities | 69,976,585 | 57,747,923 |
| Total liabilities | 84,665,565 | 74,050,206 |
| Total equity and liabilities | 126,077,623 | 100,807,643 |
Notes and alternative reported figures (3)
- “repayments” is an issuer-specific line, not mapped to a shared definition: Current asset.
- “Employee benefits obligations” is an issuer-specific line, not mapped to a shared definition: Note 22.
- “Due to related parties” is an issuer-specific line, not mapped to a shared definition: Note 25.
Cash flow
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Profit for the year1 | 14,654,621 | 10,407,411 |
| Depreciation2 | 4,205,787 | 3,351,938 |
| Amortisation of intangible assets3 | 31,425 | 34,212 |
| Impairment (reversal)/loss on financial assets4 | (2,371,648) | 1,199,111 |
| Unrealised exchange difference5 | (284,840) | (413,024) |
| Profit on disposal of equity investments6 | –7 | (447,064) |
| Finance costs8 | 7,419,147 | 4,547,505 |
| Profit on disposal of PPE9 | (68,267) | (71,452) |
| Write off - intangible10 | 2,117 | –7 |
| Write off - property, plant and equipment11 | –7 | 9,801 |
| Tax expense12 | 4,294,535 | 4,015,944 |
| (subtotal after the adjustments)13 | 27,882,877 | 22,634,382 |
| Inventories14 | (12,475,497) | (8,577,705) |
| Trade and other receivables15 | (1,200,859) | (6,255,726) |
| Prepayments16 | (2,476,160) | (5,873,896) |
| Trade and other payables17 | 3,465,788 | 14,658,015 |
| Amount due to related party18 | (61,190) | 48,285 |
| Employee benefit obligations19 | 794,576 | 1,193,722 |
| Cash generated from operating activities | 15,929,535 | 17,827,077 |
| Interest paid | (7,277,151) | (4,498,664) |
| Income taxes paid | (3,959,083) | (3,318,815) |
| Net cash from operating activities | 4,693,301 | 10,009,598 |
| Proceeds from sale of equity investments20 | –21 | 3,637,064 |
| Proceeds from sale of property, plant and equipment | 68,267 | 71,452 |
| Acquisition of property, plant and equipment | (11,168,955) | (9,805,962) |
| Acquisition of intangible assets | (108,046) | (17,396) |
| Net cash used in investing activities | (11,208,734) | (6,114,842) |
| Proceeds from loans and borrowings | 6,809,865 | 6,795,428 |
| Repayment of loans and borrowings | (8,320,024) | (8,078,892) |
| Payment on lease liabilities22 | (634,722) | (470,763) |
| Net cash used from financing activities | (2,144,881) | (1,754,227) |
| Net increase in cash and cash equivalents | (8,660,314) | 2,140,529 |
| Cash and cash equivalents at 1 January | (5,521,717) | (7,674,700) |
| Effect of exchange rate fluctuations on cash held | 90,695 | 12,454 |
| Cash and cash equivalents at 31 December | (14,091,336) | (5,521,717) |
- Printed “-”, read as nil: subtotal_arithmetic: cf.native.co_wastpavpj10g.cf_before_working_capital.
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (20)
- “Profit for the year” is an issuer-specific line, not mapped to a shared definition: Starting line of the indirect-method operating cash flows.
- “Depreciation” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 14(a)).
- “Amortisation of intangible assets” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 15).
- “Impairment (reversal)/loss on financial assets” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 27).
- “Unrealised exchange difference” is an issuer-specific line, not mapped to a shared definition: Adjustment.
- “Profit on disposal of equity investments” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 16).
- “Finance costs” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 12).
- “Profit on disposal of PPE” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 14(b)).
- “Write off - intangible” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 15).
- “Write off - property, plant and equipment” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 14).
- “Tax expense” is an issuer-specific line, not mapped to a shared definition: Adjustment (note 17(a)).
- “(subtotal after the adjustments)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal: profit for the year plus the adjustments.
- “Inventories” is an issuer-specific line, not mapped to a shared definition: Operating: change in working capital.
- “Trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Operating: change in working capital.
- “Prepayments” is an issuer-specific line, not mapped to a shared definition: Operating: change in working capital.
- “Trade and other payables” is an issuer-specific line, not mapped to a shared definition: Operating: change in working capital.
- “Amount due to related party” is an issuer-specific line, not mapped to a shared definition: Operating: change in working capital.
- “Employee benefit obligations” is an issuer-specific line, not mapped to a shared definition: Operating: change in working capital.
- “Proceeds from sale of equity investments” is an issuer-specific line, not mapped to a shared definition: Investing (note 16).
- “Payment on lease liabilities”: mapping to a shared definition is uncertain. Printed 'Payment on lease liabilities': the statement does not say whether it includes lease interest.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
No dividend statement or amount collected.
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025
Year ended 31 December 2025 · Annual report · signed / final
Audit: KPMG, Chartered Accountants, Accra, unmodified opinion · signed
Auditor's sign-off: KPMG (ICAG/F/2026/038); engagement partner Labaran Amidu (ICAG/P/1472)
Final status: Independent auditor's report (scanned, PDF pp14-17) with an unmodified opinion on the company's financial statements on pages 17-75, signed by hand 'KPMG' above 'For and on behalf of: KPMG: (ICAG/F/2026/038) Chartered Accountants, Accra', engagement partner Labaran Amidu (ICAG/P/1472), with the handwritten date '30 April 2026' (PDF p17, page image). The statement of financial position states approval by the Board of Directors on a date completed by hand '30TH APRIL' before the printed '2026', with handwritten signatures above the names Nik Amarteifio and Daniel Apeagyei Kissi (PDF p18, page image).
- Document date
- 30 Apr 2026
- Published
- 4 May 2026
- Auditor's report
- 30 Apr 2026
- Board approval
- 30 Apr 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- company statements · GHS units (printed “GHS”)
- The statement of cash flows adds back finance costs of 7,419,147 for 2025 (p21, page image), while the statement of profit or loss prints finance costs of (7,419,127) (p19, page image): a difference of 20. Kept as printed; the cash-flow subtotal (27,882,877) agrees with 7,419,147. The 2024 figures agree (4,547,505).
- Several rows of the statement pages are read on the page image (visual_only): OCR scrambles the row alignment of five cash-flow rows (p21), and on p19 and p21 corrected readings of full-stop-for-comma misreadings would collide with an identical figure on the same page.
- The PDF is a scan with an embedded OCR text layer that misreads separators (e.g. '2.505.900', '66.65 1.196') and detaches the equity figures from their labels; the statements are read from a fresh Apple Vision OCR of the renders instead.
- Total income tax expense (p19) is income tax expense plus the growth and sustainability levy; net finance costs equal finance costs (no finance income printed).
- No other comprehensive income is printed; total comprehensive income equals profit after tax (p19).
Technical details
- File
- 79 pages, with a text layer
- SHA-256
b2c3f1b9bff4eaf33edd56c7248f61d3c11c4d65bcb08870a6673644471652f3- Entity as printed
- Dannex Ayrton Starwin Plc ("the Company")
- Exchange copy
- retrieved 2026-10-08T17:52:37Z
Data notes
- Cost of sales — OCR read '(87.277.734)'; the page image shows '(87,277,734)'. OCR read a full stop for a thousands comma; the render prints (87,277,734) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Cost of sales — OCR read '(78.323.083)'; the page image shows '(78,323,083)'. OCR read a full stop for a thousands comma; the render prints (78,323,083) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Impairment reversal/(loss) on financial assets — OCR read '295.712'; the page image shows '995,712'. OCR misread the 2025 amount (first digit and separator); the render prints 995,712 (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Impairment reversal/(loss) on financial assets — OCR read '(1.199.111)'; the page image shows '(1,199,111)'. OCR read a full stop for a thousands comma; the render prints (1,199,111) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Finance costs — OCR read '(7.419.127)'; the page image shows '(7,419,127)'. OCR read a full stop for a thousands comma; the render prints (7,419,127) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Finance costs — OCR read '(4,547.505)'; the page image shows '(4,547,505)'. OCR read a full stop for a thousands comma; the render prints (4,547,505) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Profit before tax — OCR read '18.949,156'; the page image shows '18,949,156'. OCR read a full stop for a thousands comma; the render prints 18,949,156 (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Profit before tax — OCR read '14.423,355'; the page image shows '14,423,355'. OCR read a full stop for a thousands comma; the render prints 14,423,355 (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Growth and sustainability levy — OCR read '(360.584)'; the page image shows '(360,584)'. OCR read a full stop for a thousands comma; the render prints (360,584) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Total income tax expense — OCR read '(4.294.535)'; the page image shows '(4,294,535)'. OCR read a full stop for a thousands comma; the render prints (4,294,535) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Total income tax expense — OCR read '(4.015.944)'; the page image shows '(4,015,944)'. OCR read a full stop for a thousands comma; the render prints (4,015,944) (page image p19). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p19)
- Deferred tax assets — OCR read '2.377,682'; the page image shows '2,377,682'. OCR read a full stop for a thousands comma; the render prints 2,377,682 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Deferred tax assets — OCR read '2.505.900'; the page image shows '2,505,900'. OCR read a full stop for a thousands comma; the render prints 2,505,900 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Non-current assets — OCR read '41.065.901'; the page image shows '41,065,901'. OCR read a full stop for a thousands comma; the render prints 41,065,901 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- ash and bank balance — OCR read '4.607.324'; the page image shows '4,607,324'. OCR read a full stop for a thousands comma; the render prints 4,607,324 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- ash and bank balance — OCR read '4.770.962'; the page image shows '4,770,962'. OCR read a full stop for a thousands comma; the render prints 4,770,962 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Current assets — OCR read '85.011.722'; the page image shows '85,011,722'. OCR read a full stop for a thousands comma; the render prints 85,011,722 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Current assets — OCR read '66.651.196'; the page image shows '66,651,196'. OCR read a full stop for a thousands comma; the render prints 66,651,196 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Retained earnings — OCR read '8,353.357'; the page image shows '8,353,357'. OCR read a full stop for a thousands comma; the render prints 8,353,357 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Retained earnings — OCR read '(6.301,264)'; the page image shows '(6,301,264)'. OCR read a full stop for a thousands comma; the render prints (6,301,264) (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Total equity — OCR read '41.412,058'; the page image shows '41,412,058'. OCR read a full stop for a thousands comma; the render prints 41,412,058 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Total equity — OCR read '26.757.437'; the page image shows '26,757,437'. OCR read a full stop for a thousands comma; the render prints 26,757,437 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Due to related parties — OCR read '1.194.927'; the page image shows '1,194,927'. OCR read a full stop for a thousands comma; the render prints 1,194,927 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Non-current liabilities — OCR read '14.688,980'; the page image shows '14,688,980'. OCR read a full stop for a thousands comma; the render prints 14,688,980 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Non-current liabilities — OCR read '16.302.283'; the page image shows '16,302,283'. OCR read a full stop for a thousands comma; the render prints 16,302,283 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Due to related parties — OCR read '76.846'; the page image shows '76,846'. OCR read a full stop for a thousands comma; the render prints 76,846 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Current liabilities — OCR read '69.976,585'; the page image shows '69,976,585'. OCR read a full stop for a thousands comma; the render prints 69,976,585 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Current liabilities — OCR read '57,747.923'; the page image shows '57,747,923'. OCR read a full stop for a thousands comma; the render prints 57,747,923 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Total liabilities — OCR read '84.665.565'; the page image shows '84,665,565'. OCR read a full stop for a thousands comma; the render prints 84,665,565 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Total liabilities — OCR read '74.050,206'; the page image shows '74,050,206'. OCR read a full stop for a thousands comma; the render prints 74,050,206 (page image p18). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p18)
- Employee benefit obligations — OCR read '794.576'; the page image shows '794,576'. OCR read a full stop for a thousands comma; the render prints 794,576 (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Employee benefit obligations — OCR read '1.193.722'; the page image shows '1,193,722'. OCR read a full stop for a thousands comma; the render prints 1,193,722 (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Income taxes paid — OCR read '(3.959.083)'; the page image shows '(3,959,083)'. OCR read a full stop for a thousands comma; the render prints (3,959,083) (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Income taxes paid — OCR read '(3.318.815)'; the page image shows '(3,318,815)'. OCR read a full stop for a thousands comma; the render prints (3,318,815) (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Net cash from operating activities — OCR read '4,693.301'; the page image shows '4,693,301'. OCR read a full stop for a thousands comma; the render prints 4,693,301 (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Net cash from operating activities — OCR read '10.009.598'; the page image shows '10,009,598'. OCR read a full stop for a thousands comma; the render prints 10,009,598 (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Acquisition of intangible assets — OCR read '(108.046)'; the page image shows '(108,046)'. OCR read a full stop for a thousands comma; the render prints (108,046) (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Acquisition of intangible assets — OCR read '(17.396)'; the page image shows '(17,396)'. OCR read a full stop for a thousands comma; the render prints (17,396) (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Net cash used in investing activities — OCR read '(6.114,842)'; the page image shows '(6,114,842)'. OCR read a full stop for a thousands comma; the render prints (6,114,842) (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Effect of exchange rate fluctuations on cash held — OCR read '20.695'; the page image shows '90,695'. OCR misread the 2025 amount (first digit and separator); the render prints 90,695 (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Effect of exchange rate fluctuations on cash held — OCR read '12.454'; the page image shows '12,454'. OCR read a full stop for a thousands comma; the render prints 12,454 (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
- Cash and cash equivalents at 31 December — OCR read '(14.091.336)'; the page image shows '(14,091,336)'. OCR read a full stop for a thousands comma; the render prints (14,091,336) (page image p21). (Dannex Ayrton Starwin Plc Annual Report and Financial Statements for the year ended 31 December 2025, p21)
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text of the page image; matched to OCR text and compared cell by cell with the page image; read from the page image) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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