Volvere Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	28.27	25.05	22.14	19.14	21.87
Short-Term Investments	4.95	2.79	1.6	1.65	-
Cash & Short-Term Investments	33.22	27.84	23.74	20.79	21.87
Cash Growth	19.32%	17.29%	14.21%	-4.96%	-7.76%
Accounts Receivable	9.87	7.71	6.94	8.47	8.2
Other Receivables	0.34	0.2	0.19	0.28	0.23
Receivables	10.21	7.92	7.12	8.75	8.42
Inventory	6.21	6.24	5.93	3.78	4.38
Prepaid Expenses	1.91	1.21	0.72	0.57	0.45
Other Current Assets	-	-	-	2.1	-
Total Current Assets	51.56	43.2	37.51	35.98	35.13
Property, Plant & Equipment	7.59	7.7	7.91	8.14	9.31
Total Assets	59.15	50.9	45.41	44.12	44.44
Accounts Payable	6.2	3.36	2.48	2.64	1.63
Accrued Expenses	1.96	2.59	1.57	1.9	1.52
Current Portion of Long-Term Debt	0.13	0.1	0.27	1.26	1.45
Current Portion of Leases	0.22	0.21	0.36	0.37	0.39
Current Income Taxes Payable	0.31	0.27	0.87	0.21	0.2
Other Current Liabilities	0.03	0.04	0.03	0.05	0.03
Total Current Liabilities	8.86	6.56	5.59	6.44	5.22
Long-Term Debt	0.44	0.57	0.7	0.82	0.93
Long-Term Leases	0.48	0.27	0.37	0.45	0.69
Long-Term Deferred Tax Liabilities	2.17	1.61	1.25	0.66	0.54
Total Liabilities	11.95	9	7.9	8.37	7.39
Additional Paid-In Capital	7.89	7.89	7.89	7.89	7.89
Retained Earnings	34.48	29.12	25.76	23.22	25.89
Comprehensive Income & Other	1	1	0.88	1.77	0.88
Total Common Equity	43.36	38	34.52	32.88	34.65
Minority Interest	3.84	3.89	2.99	2.88	2.4
Shareholders' Equity	47.2	41.9	37.51	35.75	37.05
Total Liabilities & Equity	59.15	50.9	45.41	44.12	44.44
Total Debt	1.28	1.15	1.7	2.9	3.47
Net Cash (Debt)	31.94	26.7	22.04	17.89	18.4
Net Cash Growth	19.66%	21.14%	23.21%	-2.81%	-6.77%
Net Cash Per Share	14.50	11.89	9.39	7.17	7.16
Filing Date Shares Outstanding	2.19	2.21	2.25	2.36	2.57
Total Common Shares Outstanding	2.19	2.21	2.33	2.36	2.57
Working Capital	42.7	36.64	31.92	29.54	29.91
Book Value Per Share	19.80	17.20	14.83	13.90	13.49
Tangible Book Value	43.36	38	34.52	32.88	34.65
Tangible Book Value Per Share	19.80	17.20	14.83	13.90	13.49
Machinery	11.81	10.76	10.13	9.85	9.57

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