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	60.38	62.05	58.75	47.86	16.24
Other Receivables	21.52	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	-	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	63.42	90.91	72.04	45.51	18.94
Accrued Expenses	8.31	7.2	5.57	3.48	3.39
Current Portion of Long-Term Debt	24.99	23.93	15.37	10.57	1.52
Current Income Taxes Payable	10.09	7.59	4.11	2.06	1.23
Other Current Liabilities	33.07	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.