Theon International Balance Sheet

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

Millions EUR. 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	256.82	87.81	65.64	24.04	26.1
Short-Term Investments	32.74	30.26	0.16	0.46	0.4
Cash & Short-Term Investments	289.56	118.07	65.8	24.5	26.49
Cash Growth	145.24%	79.44%	168.61%	-7.54%	77.03%
Accounts Receivable	143.24	125.95	46.09	68	15.84
Other Receivables	8.38	4.33	9.02	4.21	2.71
Receivables	151.62	130.48	55.11	72.21	18.55
Inventory	87.2	79.4	65.87	37.8	15.53
Prepaid Expenses	6.92	3.3	1.96	0.88	-
Other Current Assets	-	0.26	0.05	0	-
Total Current Assets	535.29	331.49	188.78	135.38	60.58
Property, Plant & Equipment	42.5	33.42	18.27	11.48	9.19
Long-Term Investments	12.09	3.56	1.1	0.05	-
Goodwill	-	14.58	-	-	-
Other Intangible Assets	31.08	1.05	0.51	0.28	0.33
Long-Term Deferred Tax Assets	1.88	1.03	0.05	0.63	0.05
Long-Term Deferred Charges	-	6.48	0.96	0.55	0.19
Other Long-Term Assets	0.25	0.82	0.85	1.52	1.6
Total Assets	623.08	392.44	210.52	157.41	71.94
Accounts Payable	38.48	36.38	41.81	23.99	6.92
Accrued Expenses	23.48	13.49	10.78	1.53	0.21
Short-Term Debt	-	25.16	23.88	30.27	8.92
Current Portion of Long-Term Debt	6.04	3.12	1.51	0.73	0.72
Current Portion of Leases	0.99	0.51	0.4	0.3	0.28
Current Income Taxes Payable	16.39	14.8	7.97	6.07	4.3
Current Unearned Revenue	2.11	4.86	5.24	26.24	-
Other Current Liabilities	-	9.22	8.49	0.02	7.85
Total Current Liabilities	87.48	107.55	100.09	89.13	29.19
Long-Term Debt	121.78	46.77	25.52	3.08	7.54
Long-Term Leases	1.16	0.53	0.56	0.59	0.82
Long-Term Unearned Revenue	0.01	0.05	0.13	0.19	0.38
Pension & Post-Retirement Benefits	0.52	0.29	0.2	0.16	0.16
Long-Term Deferred Tax Liabilities	1.01	1.03	-	-	-
Other Long-Term Liabilities	0.3	-	6.66	-	-
Total Liabilities	212.26	156.23	133.16	93.15	38.09
Common Stock	0.79	0.7	0.6	0.2	0.2
Retained Earnings	-	151.51	98.56	87.74	60.54
Comprehensive Income & Other	397.46	72.16	-21.8	-23.68	-26.9
Total Common Equity	398.24	224.37	77.36	64.26	33.85
Minority Interest	12.58	11.84	-	-	-
Shareholders' Equity	410.82	236.2	77.36	64.26	33.85
Total Liabilities & Equity	623.08	392.44	210.52	157.41	71.94
Total Debt	129.96	76.09	51.88	34.96	18.28
Net Cash (Debt)	159.6	41.98	13.92	-10.46	8.22
Net Cash Growth	280.21%	201.58%	-	-	-
Net Cash Per Share	2.30	0.61	0.23	-0.52	0.41
Filing Date Shares Outstanding	68.72	69.8	181.1	60	20
Total Common Shares Outstanding	68.72	69.8	181.1	20	20
Working Capital	447.81	223.94	88.69	46.25	31.38
Book Value Per Share	5.80	3.21	0.43	3.21	1.69
Tangible Book Value	367.17	208.73	76.85	63.99	33.51
Tangible Book Value Per Share	5.34	2.99	0.42	3.20	1.68
Land	-	2.33	1.06	1.06	-
Buildings	-	19.51	10.68	7.52	-
Machinery	-	26.51	13.27	11.09	9.51
Construction In Progress	-	2.59	2.29	0.04	-
Order Backlog	-	-	-	253	120

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.