Innovatec S.p.A. (BIT:INC)

Innovatec Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9.69	11.64	9.97	24.95	15.12
Short-Term Investments	-	4.83	2.91	2.99	1.81
Cash & Short-Term Investments	9.69	16.46	12.87	27.95	16.93
Cash Growth	-41.16%	27.89%	-53.93%	65.06%	86.47%
Accounts Receivable	50.75	62.05	58.75	47.86	16.24
Other Receivables	31.15	34.38	27.6	4.24	12.95
Receivables	81.9	96.43	86.35	52.1	29.18
Inventory	26.31	19.85	5.11	3.89	0.79
Other Current Assets	-0	28.83	18.38	17.69	-
Total Current Assets	120.69	163.27	123.93	103.02	47.74
Property, Plant & Equipment	112.25	71.53	63.25	32.06	27.36
Long-Term Investments	2.26	4.03	9.33	1.44	1.25
Goodwill	42.1	43.86	39.01	36.65	22.84
Other Intangible Assets	33.96	9.4	8.04	4.51	6.09
Long-Term Deferred Charges	1.41	1.68	0.92	0.54	0.64
Other Long-Term Assets	10.85	8.43	9.57	4.76	5.61
Total Assets	323.51	302.22	254.04	182.98	111.51
Accounts Payable	59.26	90.91	72.04	45.51	18.94
Accrued Expenses	18.39	7.2	5.57	3.48	3.39
Short-Term Debt	24.99	-	-	-	-
Current Portion of Long-Term Debt	-	23.93	15.37	10.57	1.52
Current Income Taxes Payable	-	7.59	4.11	2.06	1.23
Other Current Liabilities	37.23	27.44	22.43	24.11	13.8
Total Current Liabilities	139.88	157.07	119.52	85.73	38.88
Long-Term Debt	46.42	47.8	33.31	17.18	1.94
Long-Term Unearned Revenue	-	3.71	3.39	0.24	1.48
Long-Term Deferred Tax Liabilities	2.85	2.55	4.53	3.67	2.06
Other Long-Term Liabilities	91.47	42.89	46.7	45.46	48.01
Total Liabilities	280.63	254.03	207.46	152.3	92.38
Common Stock	10.53	10.53	10.53	10.16	2.86
Additional Paid-In Capital	8.01	8	8	2.22	7.26
Retained Earnings	13.15	23.15	23.04	12.84	6.61
Comprehensive Income & Other	0.29	0.26	0.28	0.16	0.45
Total Common Equity	31.98	41.95	41.85	25.38	17.18
Minority Interest	10.9	6.24	4.73	5.3	1.95
Shareholders' Equity	42.88	48.19	46.58	30.68	19.14
Total Liabilities & Equity	323.51	302.22	254.04	182.98	111.51
Total Debt	71.41	71.73	48.68	27.75	3.45
Net Cash (Debt)	-61.73	-55.27	-35.81	0.2	13.48
Net Cash Growth	-	-	-	-98.53%	261.76%
Net Cash Per Share	-	-0.57	-0.37	0.00	0.16
Filing Date Shares Outstanding	-	96.45	96.45	95.45	89.84
Total Common Shares Outstanding	-	96.45	96.45	93.08	86.49
Working Capital	-19.19	6.21	4.4	17.29	8.85
Book Value Per Share	-	0.43	0.43	0.27	0.20
Tangible Book Value	-44.08	-11.31	-5.2	-15.78	-11.74
Tangible Book Value Per Share	-	-0.12	-0.05	-0.17	-0.14
Land	-	-	24.22	12.91	6.11
Machinery	-	-	25.25	13.98	12.31
Construction In Progress	-	-	12.79	2.68	0.49

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