Avax S.A. 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	115.5	70.2	76.49	84.76	100.21
Cash & Short-Term Investments	115.5	70.2	76.49	84.76	100.21
Cash Growth	64.52%	-8.22%	-9.76%	-15.42%	98.38%
Accounts Receivable	388.51	402.46	353.76	298.9	315.03
Other Receivables	201.05	158.13	120.21	82.98	90.59
Receivables	589.55	560.6	473.97	381.88	405.62
Inventory	80.49	47.89	31.9	21.32	25.75
Prepaid Expenses	21.81	33.17	29.87	20.76	13.57
Other Current Assets	81.34	39.33	88.55	103.44	164.13
Total Current Assets	888.69	751.19	700.78	612.17	709.29
Property, Plant & Equipment	160.07	157.53	151.54	127.26	105.21
Long-Term Investments	285.3	271.69	311.46	295.47	340.41
Other Intangible Assets	0.39	0.53	0.93	0.46	0.63
Long-Term Deferred Tax Assets	20.63	22.06	24.51	22.77	21.72
Other Long-Term Assets	47.51	27	13.53	18.35	19.18
Total Assets	1,403	1,230	1,203	1,076	1,196
Accounts Payable	235.95	190.3	169.82	121.89	136.94
Accrued Expenses	17.07	18.63	20.95	6.08	8.08
Short-Term Debt	111.43	51.91	27.86	30.68	57.43
Current Portion of Long-Term Debt	30.9	18.98	34.54	47.44	50.05
Current Portion of Leases	14.66	23.36	21.42	12.09	4.88
Current Income Taxes Payable	3.66	4.03	0.92	3.39	0.37
Current Unearned Revenue	16.82	4.07	4.96	7.03	3.35
Other Current Liabilities	292.33	259.3	262.96	207.53	379.53
Total Current Liabilities	722.82	570.58	543.43	444.76	647.16
Long-Term Debt	173.54	210.46	197.03	228.93	334.89
Long-Term Leases	55.53	58.44	70.44	63.69	48.28
Pension & Post-Retirement Benefits	4.75	4.02	3.42	3.18	4.61
Long-Term Deferred Tax Liabilities	52.76	37.55	24.36	18.05	14.43
Other Long-Term Liabilities	182.2	191.37	204.36	162.95	36.66
Total Liabilities	1,192	1,072	1,043	921.56	1,086
Common Stock	44.5	44.5	44.5	43.3	43.3
Additional Paid-In Capital	145.45	145.45	145.45	146.65	146.65
Retained Earnings	-45.51	-71.52	-194.15	-450.21	-431.88
Comprehensive Income & Other	65.23	38.03	162.82	414.27	338.16
Total Common Equity	209.67	156.46	158.61	154.01	96.23
Minority Interest	1.33	1.12	1.11	0.9	14.19
Shareholders' Equity	211	157.58	159.72	154.91	110.42
Total Liabilities & Equity	1,403	1,230	1,203	1,076	1,196
Total Debt	386.06	363.14	351.28	382.83	495.53
Net Cash (Debt)	-270.56	-292.94	-274.79	-298.07	-395.31
Net Cash Per Share	-1.83	-1.98	-1.90	-2.07	-2.74
Filing Date Shares Outstanding	147.92	148.15	148.32	144.32	144.32
Total Common Shares Outstanding	147.92	148.15	148.32	144.32	144.32
Working Capital	165.87	180.62	157.36	167.41	62.13
Book Value Per Share	1.42	1.06	1.07	1.07	0.67
Tangible Book Value	209.28	155.93	157.68	153.55	95.59
Tangible Book Value Per Share	1.41	1.05	1.06	1.06	0.66
Land	14.12	13.89	-	-	-
Buildings	34.89	32.65	-	-	-
Machinery	121.37	113.15	-	-	-
Construction In Progress	4.74	4.21	-	-	-

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