Qualco Group 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	68.79	13	22.55	19.28	22.73
Short-Term Investments	2.73	0.09	0.16	8.61	0.06
Cash & Short-Term Investments	71.53	13.09	22.71	27.88	22.79
Cash Growth	156.52%	-42.37%	-18.55%	22.36%	-
Accounts Receivable	51.6	48.44	32.6	27.33	25.61
Other Receivables	6.08	2.25	1.48	3.26	4.6
Receivables	57.68	53.03	35.5	31.59	30.21
Inventory	0.11	0.1	0.07	-	-
Prepaid Expenses	-	3.77	3.52	-0.02	-0.14
Restricted Cash	-	-	-	-	0.58
Other Current Assets	12.45	8.48	10.25	8.8	3.5
Total Current Assets	141.76	78.47	72.05	68.26	56.93
Property, Plant & Equipment	39.38	39.83	34.34	28.99	24.19
Long-Term Investments	14.55	13.64	10.72	5.96	3.3
Goodwill	13.81	5.64	1.71	-	-
Other Intangible Assets	31.6	27.99	18.53	11.23	24.99
Long-Term Deferred Tax Assets	6.5	-	-	0.24	0.43
Long-Term Deferred Charges	4.74	5.27	-	-	-
Other Long-Term Assets	2.07	0.91	0.69	0.61	0.49
Total Assets	254.8	172.16	138.05	115.71	110.34
Accounts Payable	22.68	13.78	12.03	11.12	11.26
Accrued Expenses	-	13.76	15.86	16.4	15.83
Short-Term Debt	0.03	0.13	0.11	0.15	0.08
Current Portion of Long-Term Debt	19.89	12.22	14.33	7.32	7.31
Current Portion of Leases	4.88	4.53	3.32	2.85	2.16
Current Income Taxes Payable	12.32	9.6	9.45	9.73	8.24
Current Unearned Revenue	4	2.98	2.5	2.14	1.99
Other Current Liabilities	29.63	16.76	0.75	0.44	1.6
Total Current Liabilities	93.43	73.76	58.35	50.14	48.46
Long-Term Debt	38.12	24.72	16.04	12.82	12.55
Long-Term Leases	18.69	20.26	16.72	17.92	16.42
Long-Term Unearned Revenue	2.62	1.36	-	-	-
Pension & Post-Retirement Benefits	1.12	0.94	0.74	0.49	0.39
Long-Term Deferred Tax Liabilities	0.36	0.45	0.52	-	3.29
Other Long-Term Liabilities	3.79	0.28	0.02	0.03	0.6
Total Liabilities	158.12	121.77	92.39	81.41	81.71
Common Stock	70.03	5	5	5	2.1
Additional Paid-In Capital	489.87	-	-	-	3.89
Retained Earnings	32.76	42.08	39.63	27.84	10.53
Comprehensive Income & Other	-502.6	0.07	0.04	1.23	1.22
Total Common Equity	90.07	47.14	44.67	34.08	17.75
Minority Interest	6.61	3.24	0.98	0.22	10.89
Shareholders' Equity	96.68	50.38	45.65	34.3	28.63
Total Liabilities & Equity	254.8	172.16	138.05	115.71	110.34
Total Debt	81.61	61.85	50.53	41.06	38.51
Net Cash (Debt)	-10.08	-48.76	-27.82	-13.18	-15.72
Net Cash Per Share	-0.14	-23.18	-13.22	-6.26	-
Filing Date Shares Outstanding	70.03	2.1	2.1	2.1	-
Total Common Shares Outstanding	70.03	2.1	2.1	2.1	-
Working Capital	48.34	4.71	13.7	18.12	8.47
Book Value Per Share	1.29	22.41	21.24	16.20	-
Tangible Book Value	44.65	13.51	24.43	22.84	-7.25
Tangible Book Value Per Share	0.64	6.42	11.61	10.86	-
Machinery	-	26.67	23.23	14.77	6.91

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