Theon International Balance Sheet

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

Millions EUR. 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	108.59	256.82	87.81	65.64	24.04	26.1
Short-Term Investments	-	-	30	-	-	-
Cash & Short-Term Investments	108.59	256.82	117.81	65.64	24.04	26.1
Cash Growth	-7.82%	118.00%	79.47%	173.10%	-7.90%	78.35%
Accounts Receivable	148.09	143.24	125.95	46.09	68	15.84
Other Receivables	24.66	8.38	7.62	10.98	5.09	2.71
Total Trade Receivables	172.75	151.62	133.57	57.07	73.09	18.55
Inventory	104.56	87.2	75.9	63.61	34.02	15.53
Other Current Assets	359.12	39.65	4.22	2.46	4.24	0.4
Total Current Assets	745.02	535.29	331.49	188.78	135.38	60.58
Net Property, Plant & Equipment	49.82	42.5	33.42	0.7	1.41	10.68
Other Intangible Assets	38.64	31.08	22.12	1.47	0.82	0.52
Goodwill	11.62	12.09	3.55	1.1	0.05	-
Long-Term Investments	11.62	12.09	3.56	1.1	0.05	-
Other Long-Term Assets	2.62	2.13	1.85	0.2	8.26	0.16
Total Assets	847.71	623.08	392.44	210.52	157.41	71.94
Accounts Payable	45.07	38.48	36.38	41.81	23.99	6.92
Accrued Expenses	41.02	23.48	16.05	12.29	1.55	0.21
Short-Term Debt	306.36	121.78	46.77	25.39	31	8.92
Current Portion of Long-Term Debt	-	-	-	-	-	0.72
Current Portion of Leases	2.44	1.16	0.53	0.4	0.3	0.28
Unearned Revenue	3.23	2.11	4.86	5.24	26.24	-
Other Current Liabilities	15.94	16.39	21.46	14.96	6.07	12.15
Total Current Liabilities	133.22	87.48	107.55	100.09	89.13	29.19
Long-Term Debt	27.26	6.04	28.28	25.52	3.08	7.54
Long-Term Leases	0.71	0.99	0.51	0.56	0.59	0.82
Other Long-Term Liabilities	3.06	1.84	1.38	6.98	0.35	0.54
Total Long-Term Liabilities	311.85	124.78	48.68	33.07	4.01	8.73
Total Liabilities	445.07	212.26	156.23	133.16	93.15	37.93
Common Stock	-	0.79	0.7	0.6	0.2	0.2
Additional Paid-in Capital	-	241.21	93.92	-	-	-
Accumulated Other Comprehensive Income	-	156.25	129.75	76.76	64.06	33.65
Total Common Shareholders' Equity	402.64	410.82	236.2	77.36	64.26	33.85
Minority Interest	11.9	12.58	11.84	-	-	-
Shareholders' Equity	414.54	423.4	248.04	77.36	64.26	33.85
Total Liabilities & Equity	847.71	623.08	392.44	210.52	157.41	71.94
Total Debt	336.76	129.96	76.09	51.88	34.96	18.28
Net Cash (Debt)	-228.17	126.86	41.71	13.76	-10.92	7.82
Net Cash Growth	-	204.14%	203.15%	-	-	-
Net Cash Per Share	-3.56	1.82	0.60	0.23	-0.18	0.13
Book Value	402.64	410.82	236.2	77.36	64.26	33.85
Book Value Per Share	6.28	5.89	3.41	1.29	1.07	0.56
Tangible Book Value	352.38	367.66	210.54	74.79	63.39	33.32
Tangible Book Value Per Share	5.50	5.27	3.04	1.25	1.06	0.56