Azimut Holding 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	591.23	498.93	394.8	464.57	298.14	180.04
Short-Term Investments	-	3.56	0.47	5.91	0.7	0.29
Cash & Short-Term Investments	591.23	502.49	395.28	470.48	298.84	180.33
Cash Growth	-3.10%	27.12%	-15.98%	57.44%	65.71%	-35.59%
Accounts Receivable	-	190.38	298.22	241.58	164.5	466.18
Other Receivables	77.55	377.17	271.98	237.12	326.63	295.07
Receivables	77.55	573	570.19	499.41	510.51	803.69
Prepaid Expenses	-	16.72	178.04	-	146.02	119.28
Other Current Assets	218	217.22	-	-	-	-
Total Current Assets	886.77	1,309	1,144	969.88	955.37	1,103
Property, Plant & Equipment	28.39	31.88	29.47	45.88	48.56	52.04
Long-Term Investments	8,576	8,532	8,455	7,854	7,604	7,980
Goodwill	-	584.13	508	749.83	743.67	648.24
Other Intangible Assets	870.73	99.09	73.06	142.91	134.58	118.79
Long-Term Deferred Tax Assets	14.71	14.9	17.98	19.41	22.89	20.31
Long-Term Deferred Charges	-	75.79	-	171.04	-	-
Other Long-Term Assets	391.32	6.13	5.92	5.63	5.28	-
Total Assets	10,768	10,654	10,233	9,958	9,515	9,922
Accounts Payable	-	41.47	45.96	78.99	82.8	77.49
Accrued Expenses	-	112.27	129.33	123.49	123.86	135.05
Current Portion of Long-Term Debt	-	0.09	0.07	496.98	0.42	-
Current Income Taxes Payable	49.82	28.35	60.1	142.73	120.12	71.83
Other Current Liabilities	90.56	91.5	-	-	-	-
Total Current Liabilities	140.38	273.69	235.45	842.19	327.2	284.37
Long-Term Debt	-	0.25	0.09	0.22	497.78	853.03
Long-Term Leases	-	29.91	27.67	40.24	41.46	44.98
Long-Term Unearned Revenue	1,923	2.34	0.98	0.79	1.14	1.7
Long-Term Deferred Tax Liabilities	70.52	67.52	69.27	76.94	75	69.89
Other Long-Term Liabilities	6,372	8,206	7,952	7,389	7,100	7,433
Total Liabilities	8,506	8,580	8,285	8,349	8,042	8,687
Common Stock	32.32	32.32	32.32	32.32	32.32	32.32
Additional Paid-In Capital	173.99	173.99	173.99	173.99	173.99	173.99
Retained Earnings	125.29	532.13	582.63	1,482	412.93	611.92
Treasury Stock	-53.85	-49.28	-7.51	-55.07	-56.49	-40.83
Comprehensive Income & Other	1,969	1,354	1,142	-82.86	854.68	405.25
Total Common Equity	2,247	2,043	1,923	1,551	1,417	1,183
Minority Interest	14.42	30.3	24.85	58.74	54.8	52.94
Shareholders' Equity	2,262	2,074	1,948	1,609	1,472	1,236
Total Liabilities & Equity	10,768	10,654	10,233	9,958	9,515	9,922
Total Debt	-	30.25	27.83	537.45	539.67	898.01
Net Cash (Debt)	591.23	472.24	367.45	-66.97	-240.83	-717.67
Net Cash Growth	1.41%	28.52%	-	-	-	-
Net Cash Per Share	4.17	3.33	2.62	-0.48	-1.73	-5.16
Filing Date Shares Outstanding	142.38	141.23	141.6	138.45	138.39	139.61
Total Common Shares Outstanding	142.38	141.23	141.6	138.45	138.39	139.61
Working Capital	746.39	1,036	908.06	127.69	628.17	818.93
Book Value Per Share	15.78	14.47	13.58	11.20	10.24	8.47
Tangible Book Value	1,376	1,360	1,342	657.82	539.18	415.61
Tangible Book Value Per Share	9.67	9.63	9.48	4.75	3.90	2.98
Buildings	-	130.55	99.71	99.3	92.54	78.97
Machinery	-	19.6	16.04	15.01	14.79	13.4

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