Phoenix Vega Mezz Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	12.38	8.22	14.36	13.15	8.47
Cash & Short-Term Investments	12.38	8.22	14.36	13.15	8.47
Cash Growth	-41.45%	-42.79%	9.23%	55.32%	-
Accounts Receivable	0.02	0.01	0.03	-	-
Other Receivables	0.27	0.27	0.36	0.79	-
Receivables	0.28	0.28	0.4	0.79	-
Total Current Assets	12.66	8.49	14.76	13.94	8.47
Long-Term Investments	83.49	82.92	32.92	40.56	59.64
Total Assets	96.15	91.42	47.69	54.49	68.11
Accounts Payable	0.04	0.03	0.05	0.04	0.04
Accrued Expenses	0.07	0.07	0.05	0.06	0.07
Current Income Taxes Payable	0.72	0.13	-	-	0.43
Other Current Liabilities	8.01	0	0	0	-
Total Current Liabilities	8.84	0.23	0.1	0.09	0.54
Total Liabilities	8.84	0.23	0.1	0.09	0.54
Common Stock	10.5	10.5	26.51	44.51	62.52
Retained Earnings	76.81	80.68	21.08	9.88	5.05
Shareholders' Equity	87.31	91.18	47.59	54.4	67.57
Total Liabilities & Equity	96.15	91.42	47.69	54.49	68.11
Net Cash (Debt)	12.38	8.22	14.36	13.15	8.47
Net Cash Growth	-41.45%	-42.79%	9.23%	55.32%	-
Net Cash Per Share	0.01	0.01	0.01	0.01	0.01
Filing Date Shares Outstanding	1,250	1,250	1,250	1,250	1,076
Total Common Shares Outstanding	1,250	1,250	1,250	1,250	1,076
Working Capital	3.83	8.26	14.66	13.84	7.93
Book Value Per Share	0.07	0.07	0.04	0.04	0.06
Tangible Book Value	87.31	91.18	47.59	54.4	67.57
Tangible Book Value Per Share	0.07	0.07	0.04	0.04	0.06

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