Convergenze S.p.A. Società Benefit (BIT:CVG)

BIT:CVG Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.52	0.6	0.63	1.17	3.63
Accounts Receivable	3.62	4.13	3.99	3.35	2.46
Other Receivables	0.94	0.67	0.43	0.5	0.42
Inventory	0.38	0.38	0.31	0.3	0.22
Total Current Assets	5.62	5.9	5.44	5.37	6.76
Property, Plant & Equipment	13.98	13.68	12.86	11.84	10.49
Other Intangible Assets	0.4	0.5	0.56	0.52	0.44
Long-Term Investments	0.01	0.04	0.03	0.03	0.01
Long-Term Deferred Charges	0.03	0.08	0.21	0.39	0.47
Other Long-Term Assets	0.93	0.77	0.77	0.87	0.8
Total Assets	20.97	20.96	19.85	19.02	18.97
Accounts Payable	3.1	3.31	3.53	2.47	3.66
Accrued Expenses	2.41	2.49	1.1	1.09	1.03
Current Portion of Long-Term Debt	1.69	1.53	1.28	1.48	0.58
Current Income Taxes Payable	0.01	0.01	0.01	0.02	-
Other Current Liabilities	0.33	0.65	0.63	0.52	0.43
Total Current Liabilities	7.53	7.98	6.55	5.57	5.7
Long-Term Debt	3.58	3.79	4.93	5.83	5.38
Long-Term Unearned Revenue	2.36	2.5	2.61	2.36	2
Other Long-Term Liabilities	0.66	0.1	0.1	0.1	0.01
Total Liabilities	14.12	14.37	14.2	13.86	13.09
Common Stock	1.5	1.5	1.5	1.5	1.5
Additional Paid-In Capital	2.74	2.74	2.74	2.74	2.73
Retained Earnings	2.85	2.5	1.4	0.89	1.69
Treasury Stock	-0.29	-0.21	-	-	-
Comprehensive Income & Other	0.05	0.05	0.01	0.04	-0.04
Shareholders' Equity	6.85	6.59	5.66	5.16	5.88
Total Liabilities & Equity	20.97	20.96	19.85	19.02	18.97
Total Debt	5.27	5.32	6.2	7.31	5.96
Net Cash (Debt)	-4.75	-4.72	-5.57	-6.14	-2.32
Net Cash Per Share	-0.65	-0.64	-0.74	-0.82	-0.33
Filing Date Shares Outstanding	7.33	7.37	7.5	7.49	7.14
Total Common Shares Outstanding	7.33	7.37	7.5	7.49	7.14
Working Capital	-1.91	-2.08	-1.12	-0.2	1.06
Book Value Per Share	0.93	0.89	0.75	0.69	0.82
Tangible Book Value	6.45	6.1	5.1	4.64	5.44
Tangible Book Value Per Share	0.88	0.83	0.68	0.62	0.76
Land	3.58	3.45	3.31	2.36	1.82
Machinery	21.09	19.12	16.25	14.52	12.16
Construction In Progress	0	0	0	0.23	0.54

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