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 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	101.56	78.69	102.99	118.24
Cash & Short-Term Investments	101.56	78.69	102.99	118.24
Cash Growth	81.12%	-23.59%	-12.89%	-
Accounts Receivable	66.55	53.21	56.93	20.86
Other Receivables	21.55	22.89	22.66	9.84
Total Trade Receivables	88.09	76.09	79.59	30.69
Inventory	98.57	90.4	80.54	8.18
Other Current Assets	3.56	3.45	30.99	28.75
Total Current Assets	291.79	248.63	294.11	185.86
Net Property, Plant & Equipment	189.94	188.85	157.15	28.64
Other Intangible Assets	438.33	434.35	472.94	2.8
Long-Term Investments	3.43	1.86	5.3	563.81
Other Long-Term Assets	1.36	1.37	0.86	5.04
Total Assets	924.85	875.05	930.35	786.15
Accounts Payable	44.36	42.63	42.54	9.16
Accrued Expenses	28.02	25.73	27.16	12.16
Current Portion of Long-Term Debt	73.17	111.25	57.22	152.2
Current Portion of Leases	8.51	8.98	8.03	0.75
Unearned Revenue	3.65	6.87	5.87	1.81
Other Current Liabilities	4.39	10.99	30.39	19.94
Total Current Liabilities	162.1	206.44	171.21	196.02
Long-Term Debt	254.16	177.74	246.02	366.5
Long-Term Leases	12.56	13.32	14.14	1.12
Other Long-Term Liabilities	40.75	40.37	47.75	27.59
Total Long-Term Liabilities	307.48	231.43	307.91	395.22
Total Liabilities	469.58	437.87	479.12	591.23
Common Stock	1.89	1.89	1.89	1.75
Additional Paid-in Capital	441.94	416.83	415.92	202.87
Retained Earnings	11.42	18.43	33.37	-9.7
Total Common Shareholders' Equity	455.25	437.16	451.18	194.92
Minority Interest	0.02	0.03	0.05	-
Shareholders' Equity	455.27	437.18	451.23	194.92
Total Liabilities & Equity	924.85	875.05	930.35	786.15
Total Debt	348.4	311.28	325.41	520.58
Net Cash (Debt)	-246.84	-232.59	-222.42	-402.35
Net Cash Per Share	-1.31	-1.23	-1.27	-2.30
Book Value	455.25	437.16	451.18	194.92
Book Value Per Share	2.42	2.32	2.57	1.12
Tangible Book Value	16.92	2.81	-21.76	192.12
Tangible Book Value Per Share	0.09	0.01	-0.12	1.10