ATH:QUAL 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	6.22	4.41	2.38	0.83	0.77
Cash & Short-Term Investments	6.22	4.41	2.38	0.83	0.77
Cash Growth	40.98%	85.09%	187.64%	7.86%	-26.62%
Accounts Receivable	3.98	3.07	3.94	2.4	1.93
Other Receivables	-	5.6	2.58	2.9	2.01
Receivables	3.98	8.67	6.52	5.3	3.94
Inventory	0.84	0.86	0.82	0.23	0.22
Other Current Assets	11.06	1.69	2.97	1.05	0.34
Total Current Assets	22.11	15.63	12.7	7.4	5.27
Property, Plant & Equipment	2.42	0.97	1.02	0.53	0.48
Long-Term Investments	-	0.05	0.09	0.12	0.09
Goodwill	3.27	-	-	-	-
Other Intangible Assets	2.12	1.84	1.44	1.33	1.07
Long-Term Deferred Tax Assets	0.13	0.08	0.2	0.07	0.11
Other Long-Term Assets	1.14	0.5	0.48	0.45	0.44
Total Assets	31.19	19.06	15.93	9.9	7.47
Accounts Payable	12.87	1.67	0.88	0.5	0.31
Accrued Expenses	-	0.83	0.93	0.42	0.12
Short-Term Debt	7.78	3.57	4.07	2.05	1.12
Current Portion of Long-Term Debt	-	-	-	0.15	0.16
Current Income Taxes Payable	-	1.06	0.96	0.23	0.07
Current Unearned Revenue	-	0	-	0.02	0.01
Other Current Liabilities	-	5.48	3.33	2.31	1.3
Total Current Liabilities	20.65	12.61	10.17	5.68	3.08
Long-Term Debt	0.72	2.39	2.28	1.79	1.94
Long-Term Leases	1.37	0.4	0.48	0.05	0.11
Long-Term Unearned Revenue	-	-	-	0.02	0.03
Pension & Post-Retirement Benefits	-	-	-	0.03	0.03
Long-Term Deferred Tax Liabilities	0.68	0.33	-	-	-
Other Long-Term Liabilities	1.03	0.04	0.05	-	-
Total Liabilities	24.45	15.77	12.98	7.57	5.17
Common Stock	8.51	7.66	7.66	7.66	7.66
Additional Paid-In Capital	-	4.53	4.53	4.53	4.53
Retained Earnings	-9.34	-8.89	-9.24	-9.87	-9.9
Comprehensive Income & Other	6.76	-	-	-	-
Total Common Equity	5.93	3.3	2.95	2.32	2.29
Minority Interest	0.82	-	-	-	-
Shareholders' Equity	6.74	3.3	2.95	2.32	2.29
Total Liabilities & Equity	31.19	19.06	15.93	9.9	7.47
Total Debt	9.87	6.36	6.83	4.05	3.32
Net Cash (Debt)	-3.65	-1.95	-4.44	-3.22	-2.55
Net Cash Per Share	-0.14	-0.07	-0.16	-0.12	-0.09
Filing Date Shares Outstanding	25.78	27.35	27.35	27.35	27.35
Total Common Shares Outstanding	25.78	27.35	27.35	27.35	27.35
Working Capital	1.46	3.03	2.53	1.72	2.19
Book Value Per Share	0.23	0.12	0.11	0.08	0.08
Tangible Book Value	0.53	1.46	1.51	0.99	1.22
Tangible Book Value Per Share	0.02	0.05	0.06	0.04	0.04
Machinery	-	0.66	-	-	1.67

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