GVS S.p.A. 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	55.45	102.99	191.47	135.17	136.89	125.07
Short-Term Investments	-	30.86	2.32	4.59	8.16	4.88
Cash & Short-Term Investments	55.45	133.85	193.79	139.76	145.06	129.94
Cash Growth	-30.31%	-30.93%	38.66%	-3.65%	11.63%	109.78%
Accounts Receivable	57.66	56.93	55.08	74.15	54.65	53.84
Other Receivables	29.37	19.95	17.94	15.48	14.36	5.44
Receivables	87.03	76.88	73.02	89.63	69.02	59.28
Inventory	100.18	80.54	84.81	106.92	72.35	46.05
Prepaid Expenses	-	1.94	1.68	1.5	1.75	0.68
Other Current Assets	2.62	0.89	0.79	1.41	1.66	2.53
Total Current Assets	245.28	294.11	354.08	339.22	289.84	238.48
Property, Plant & Equipment	187.75	157.39	143.09	143.57	88.38	77.36
Long-Term Investments	-	0.03	0.03	0.04	0.02	0
Goodwill	-	249.27	242.76	246.66	98.38	65.41
Other Intangible Assets	435.07	208.88	217.91	239.58	122.48	20.8
Long-Term Deferred Tax Assets	0.85	0.86	2.85	3.49	1.5	4.57
Long-Term Deferred Charges	-	14.79	11.03	8.6	6.88	4.77
Other Long-Term Assets	1.53	5.02	10.95	11.41	1.09	0.96
Total Assets	870.49	930.35	983.12	993.05	608.57	412.36
Accounts Payable	39.83	42.54	38.45	57.94	23.82	25.59
Accrued Expenses	-	25.96	24.82	21.64	14.69	15.86
Short-Term Debt	-	1.15	2.18	228.81	0.55	0.5
Current Portion of Long-Term Debt	97.77	56.07	105.55	209.43	41.16	19.17
Current Portion of Leases	7.56	8.03	7.38	8.31	4.76	3.5
Current Income Taxes Payable	9.85	10.16	8.13	2.66	3.05	14.49
Current Unearned Revenue	6.22	7.01	7.21	7.31	3.47	5.11
Other Current Liabilities	30.54	20.28	18.65	0.46	20.1	1.48
Total Current Liabilities	191.77	171.21	212.37	536.57	111.59	85.69
Long-Term Debt	197.29	246.02	351.34	10.99	180.16	69.84
Long-Term Leases	11.78	14.14	13.16	16.9	6.77	5.47
Pension & Post-Retirement Benefits	3.04	2.92	3.12	4.63	4.37	4.5
Long-Term Deferred Tax Liabilities	26.84	29.94	35.45	46.09	5.68	3.17
Other Long-Term Liabilities	11.76	14.89	33.21	50.2	4.65	1
Total Liabilities	442.48	479.12	648.65	665.38	313.22	169.66
Common Stock	1.89	1.89	1.75	1.75	1.75	1.75
Additional Paid-In Capital	167.49	167.49	92.77	92.77	92.77	92.77
Retained Earnings	292.52	283.31	249.89	238.69	207.59	159.97
Treasury Stock	-10.45	-2.84	-2.52	-4.85	-3.45	-
Comprehensive Income & Other	-23.47	1.32	-7.43	-0.73	-3.36	-11.82
Total Common Equity	427.98	451.18	334.45	327.63	295.31	242.67
Minority Interest	0.03	0.05	0.03	0.05	0.04	0.03
Shareholders' Equity	428.01	451.23	334.48	327.67	295.35	242.7
Total Liabilities & Equity	870.49	930.35	983.12	993.05	608.57	412.36
Total Debt	314.39	325.41	479.61	474.44	233.4	98.47
Net Cash (Debt)	-258.94	-191.56	-285.83	-334.68	-88.35	31.47
Net Cash Per Share	-1.39	-1.09	-1.64	-1.92	-0.51	0.23
Filing Date Shares Outstanding	187.35	188.88	174.76	174.55	174.55	175
Total Common Shares Outstanding	187.35	188.88	174.76	174.55	174.69	175
Working Capital	53.51	122.9	141.71	-197.34	178.25	152.79
Book Value Per Share	2.28	2.39	1.91	1.88	1.69	1.39
Tangible Book Value	-7.09	-6.97	-126.22	-158.62	74.45	156.45
Tangible Book Value Per Share	-0.04	-0.04	-0.72	-0.91	0.43	0.89
Land	-	30.55	26.53	26.95	-	6.17
Machinery	-	250.46	240.05	227.83	167.65	143.08
Construction In Progress	-	31.09	24.33	20.95	13.1	10.61
Leasehold Improvements	-	13.75	14.11	13.39	9.5	5.92

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.