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	352.39	17.09	30.26	0.16	0.46	0.4
Cash & Short-Term Investments	460.98	273.91	118.07	65.8	24.5	26.49
Cash Growth	193.61%	131.99%	79.44%	168.61%	-7.54%	77.03%
Accounts Receivable	148.09	143.24	125.95	46.09	68	15.84
Other Receivables	24.32	4.76	4.33	9.02	4.21	2.71
Receivables	172.75	148	130.48	55.11	72.21	18.55
Inventory	104.56	87.2	75.9	65.87	37.8	15.53
Prepaid Expenses	6.73	10.54	6.8	1.96	0.88	-
Other Current Assets	0	15.64	0.26	0.05	0	-
Total Current Assets	745.02	535.29	331.49	188.78	135.38	60.58
Property, Plant & Equipment	49.82	42.5	33.42	18.27	11.48	9.19
Long-Term Investments	11.62	12.09	3.56	1.1	0.05	-
Goodwill	-	15.64	14.58	-	-	-
Other Intangible Assets	38.64	1.32	1.05	0.51	0.28	0.33
Long-Term Deferred Tax Assets	1.84	1.88	1.03	0.05	0.63	0.05
Long-Term Deferred Charges	-	14.11	6.48	0.96	0.55	0.19
Other Long-Term Assets	0.61	0.25	0.82	0.85	1.52	1.6
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	17.71	13.49	10.78	1.53	0.21
Short-Term Debt	-	5.57	25.16	23.88	30.27	8.92
Current Portion of Long-Term Debt	27.26	0.47	3.12	1.51	0.73	0.72
Current Portion of Leases	0.71	0.99	0.51	0.4	0.3	0.28
Current Income Taxes Payable	15.94	16.39	14.8	7.97	6.07	4.3
Current Unearned Revenue	3.23	2.11	4.86	5.24	26.24	-
Other Current Liabilities	-	5.77	9.22	8.49	0.02	7.85
Total Current Liabilities	133.22	87.48	107.55	100.09	89.13	29.19
Long-Term Debt	306.36	121.78	46.77	25.52	3.08	7.54
Long-Term Leases	2.44	1.16	0.53	0.56	0.59	0.82
Long-Term Unearned Revenue	0.22	0.01	0.05	0.13	0.19	0.38
Pension & Post-Retirement Benefits	0.55	0.52	0.29	0.2	0.16	0.16
Long-Term Deferred Tax Liabilities	2.29	1.01	1.03	-	-	-
Other Long-Term Liabilities	-	0.3	-	6.66	-	-
Total Liabilities	445.07	212.26	156.23	133.16	93.15	38.09
Common Stock	390.74	0.79	0.7	0.6	0.2	0.2
Retained Earnings	-	211.03	151.51	98.56	87.74	60.54
Comprehensive Income & Other	-	186.43	72.16	-21.8	-23.68	-26.9
Total Common Equity	390.74	398.24	224.37	77.36	64.26	33.85
Minority Interest	11.9	12.58	11.84	-	-	-
Shareholders' Equity	402.64	410.82	236.2	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)	124.22	143.95	41.98	13.92	-10.46	8.22
Net Cash Growth	101.89%	242.95%	201.58%	-	-	-
Net Cash Per Share	1.73	2.06	0.61	0.23	-0.52	0.41
Filing Date Shares Outstanding	77.81	77.62	69.17	181.1	60	20
Total Common Shares Outstanding	77.81	77.62	69.17	181.1	20	20
Working Capital	611.8	447.81	223.94	88.69	46.25	31.38
Book Value Per Share	5.02	5.13	3.24	0.43	3.21	1.69
Tangible Book Value	352.1	381.28	208.73	76.85	63.99	33.51
Tangible Book Value Per Share	4.52	4.91	3.02	0.42	3.20	1.68
Land	-	3.55	2.33	1.06	1.06	-
Buildings	-	19.33	17.88	10.68	7.52	-
Machinery	-	25.96	20.95	13.27	11.09	9.51
Construction In Progress	-	6.29	2.59	2.29	0.04	-
Order Backlog	-	-	-	-	253	120

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