CULTI Milano 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	2.81	2.79	4.13	8.76	9.28
Cash & Short-Term Investments	2.81	2.79	4.13	8.76	9.28
Cash Growth	0.82%	-32.49%	-52.84%	-5.61%	49.11%
Accounts Receivable	5.06	4.26	4.64	4.17	3.42
Other Receivables	1.87	1.46	0.34	0.51	0.34
Receivables	6.93	5.72	4.98	4.68	3.76
Inventory	6.56	6.06	5.7	5.57	4.16
Prepaid Expenses	-	-	-	0.53	-
Other Current Assets	0	-	-	-	-
Total Current Assets	17.05	15.08	15.92	19.55	17.53
Property, Plant & Equipment	0.52	0.51	0.64	0.57	0.33
Long-Term Investments	0	1.25	0	0	0
Goodwill	1.82	2.13	3.8	2.59	2.71
Other Intangible Assets	1.66	1.87	2.24	2.33	2.1
Long-Term Deferred Charges	-	0.1	0.8	0.96	0.26
Other Long-Term Assets	0.26	0.1	0.38	0.58	0.22
Total Assets	21.32	21.04	23.78	26.58	23.16
Accounts Payable	2.9	3.64	4.4	4.12	3.92
Accrued Expenses	0.66	0.19	0.19	0.15	0.15
Short-Term Debt	0.64	-	-	-	-
Current Portion of Long-Term Debt	-	2.3	3.31	2.58	1.07
Current Income Taxes Payable	-	0.18	0.25	0.3	0.27
Other Current Liabilities	1.56	0.53	0.63	0.52	0.73
Total Current Liabilities	5.75	6.85	8.78	7.67	6.15
Long-Term Debt	-	0.27	4.03	8.17	3.1
Long-Term Unearned Revenue	-	0.14	0.22	0.26	0.13
Long-Term Deferred Tax Liabilities	0	0.01	0.03	0.06	0
Other Long-Term Liabilities	3.29	1.74	2.16	1.43	0.92
Total Liabilities	9.04	9.01	15.21	17.59	10.3
Common Stock	3.1	3.1	3.1	3.1	3.1
Additional Paid-In Capital	4.3	4.3	4.3	4.3	4.3
Retained Earnings	11.17	10.83	7.01	5.93	3.64
Treasury Stock	-6.26	-6.26	-6.26	-6.26	-0.15
Comprehensive Income & Other	-0.02	-0.03	0.06	0.18	0.55
Total Common Equity	12.28	11.93	8.21	7.24	11.44
Minority Interest	-	0.1	0.37	1.75	1.42
Shareholders' Equity	12.28	12.03	8.57	8.99	12.86
Total Liabilities & Equity	21.32	21.04	23.78	26.58	23.16
Total Debt	0.64	2.58	7.34	10.75	4.17
Net Cash (Debt)	2.18	0.21	-3.2	-1.99	5.12
Net Cash Growth	916.31%	-	-	-	121.65%
Net Cash Per Share	-	0.08	-1.17	-0.65	1.65
Filing Date Shares Outstanding	-	2.73	2.73	2.73	3.09
Total Common Shares Outstanding	-	2.73	2.73	2.73	3.09
Working Capital	11.3	8.23	7.14	11.87	11.38
Book Value Per Share	-	4.38	3.01	2.66	3.71
Tangible Book Value	8.8	7.94	2.17	2.32	6.63
Tangible Book Value Per Share	-	2.91	0.79	0.85	2.15
Land	-	0.01	-	-	-
Machinery	-	0.1	0.14	0.13	0.11
Construction In Progress	-	-	0.01	0	0

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