Space42 Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,024	402.22	486.16	207.51	223.12	15.46
Short-Term Investments	-	592.8	676.45	-	-	-
Cash & Short-Term Investments	1,024	995.02	1,163	207.51	223.12	15.46
Cash Growth	14.44%	-14.41%	460.28%	-7.00%	1343.50%	202.82%
Accounts Receivable	325.41	368.92	478.67	259.3	168.95	95.38
Other Receivables	0.15	0.07	0.18	7.51	0.97	0.04
Receivables	325.56	368.99	478.85	266.82	169.91	95.42
Inventory	17.44	18.42	26.12	-	-	0.07
Prepaid Expenses	-	-	-	0.57	-	-
Other Current Assets	7.4	7.04	23.04	3.62	6.92	11.92
Total Current Assets	1,375	1,389	1,691	478.51	399.95	122.87
Property, Plant & Equipment	1,515	1,524	1,441	60.72	5.77	6.07
Long-Term Investments	24.58	25.23	28.08	-	-	-
Goodwill	-	173.31	173.31	-	-	-
Other Intangible Assets	684.37	485.97	516.04	0.46	0.37	0.23
Long-Term Accounts Receivable	2.57	5.37	0.37	-	-	-
Long-Term Deferred Tax Assets	6.91	7.49	5.47	-	-	-
Long-Term Deferred Charges	2.38	36.29	6.13	-	-	-
Other Long-Term Assets	9.91	9.07	16.62	-	-	-
Total Assets	3,620	3,656	3,878	539.7	406.09	129.17
Accounts Payable	311.74	365.25	348.29	92.35	1.43	1.4
Accrued Expenses	-	-	-	48.92	80.81	40.62
Short-Term Debt	-	-	-	-	16.09	14.64
Current Portion of Long-Term Debt	88.28	88	388.75	-	-	-
Current Portion of Leases	6.27	6.26	3.3	0.33	-	-
Current Income Taxes Payable	0.71	0.19	19.33	-	-	-
Current Unearned Revenue	100.19	52.77	51.88	33.68	5.17	-
Other Current Liabilities	-	-	-	2.1	6.55	1.9
Total Current Liabilities	507.19	512.47	811.55	177.39	110.04	58.56
Long-Term Debt	171.51	171.23	257.91	-	-	-
Long-Term Leases	19.53	20.23	15.01	0.27	-	-
Long-Term Unearned Revenue	703.63	721.68	555.72	1.82	-	-
Pension & Post-Retirement Benefits	10.29	11.13	12.25	2.15	1.55	1.06
Long-Term Deferred Tax Liabilities	44.62	45.15	47.28	-	-	-
Other Long-Term Liabilities	378.99	393.68	304.48	-	-	-
Total Liabilities	1,836	1,876	2,004	181.63	111.59	59.62
Common Stock	129.66	129.66	129.66	70.02	70.01	0.82
Additional Paid-In Capital	1,514	1,514	1,514	154.34	154.32	53.63
Retained Earnings	109.02	104.39	196.02	133.71	70.17	15.09
Comprehensive Income & Other	-6.1	-6.5	0.25	-	-	-
Total Common Equity	1,747	1,742	1,840	358.07	294.5	69.54
Minority Interest	37.59	39.05	33.27	-	-	-
Shareholders' Equity	1,784	1,781	1,873	358.07	294.5	69.54
Total Liabilities & Equity	3,620	3,656	3,878	539.7	406.09	129.17
Total Debt	285.6	285.72	664.97	0.61	16.09	14.64
Net Cash (Debt)	738.64	709.3	497.64	206.9	207.03	0.81
Net Cash Growth	53.72%	42.53%	140.52%	-0.07%	25388.18%	-84.09%
Net Cash Per Share	0.15	0.15	0.16	0.08	0.10	0.00
Filing Date Shares Outstanding	4,779	4,762	4,762	2,571	2,571	200
Total Common Shares Outstanding	4,779	4,762	4,762	2,571	2,571	200
Working Capital	867.45	877.01	879.07	301.13	289.91	64.3
Book Value Per Share	0.37	0.37	0.39	0.14	0.11	0.35
Tangible Book Value	1,062	1,083	1,151	357.61	294.13	69.32
Tangible Book Value Per Share	0.22	0.23	0.24	0.14	0.11	0.35
Land	-	68.79	64.95	-	-	-
Machinery	-	3,629	3,136	50.21	17.09	15.03
Construction In Progress	-	655.65	924.58	26.51	-	1.49
Leasehold Improvements	-	-	-	-	2	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.