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

Innovatec Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	9.07	11.64	9.97	24.95	15.12	7.57
Short-Term Investments	3.18	4.83	2.91	2.99	1.81	1.51
Cash & Short-Term Investments	12.25	16.46	12.87	27.95	16.93	9.08
Cash Growth	-44.19%	27.89%	-53.93%	65.06%	86.47%	16.61%
Accounts Receivable	45.24	62.05	58.75	47.86	16.24	8.08
Other Receivables	40.55	34.38	27.6	4.24	12.95	9.23
Receivables	85.79	96.43	86.35	52.1	29.18	17.31
Inventory	20.4	19.85	5.11	3.89	0.79	0.63
Other Current Assets	-	28.83	18.38	17.69	-	-
Total Current Assets	120.31	163.27	123.93	103.02	47.74	27.02
Property, Plant & Equipment	100.2	71.53	63.25	32.06	27.36	4.61
Long-Term Investments	2.22	4.03	9.33	1.44	1.25	5.57
Goodwill	41.65	43.86	39.01	36.65	22.84	5.75
Other Intangible Assets	34.22	9.4	8.04	4.51	6.09	-
Long-Term Deferred Charges	0.74	1.68	0.92	0.54	0.64	0.14
Other Long-Term Assets	9.1	8.43	9.57	4.76	5.61	1.26
Total Assets	308.46	302.22	254.04	182.98	111.51	44.35
Accounts Payable	56.18	90.91	72.04	45.51	18.94	6.56
Accrued Expenses	3.24	7.2	5.57	3.48	3.39	4.57
Current Portion of Long-Term Debt	25.74	23.93	15.37	10.57	1.52	2.7
Current Income Taxes Payable	8.53	7.59	4.11	2.06	1.23	1.94
Other Current Liabilities	30.87	27.44	22.43	24.11	13.8	6.32
Total Current Liabilities	124.55	157.07	119.52	85.73	38.88	22.09
Long-Term Debt	38.44	47.8	33.31	17.18	1.94	2.66
Long-Term Unearned Revenue	4.51	3.71	3.39	0.24	1.48	1.36
Long-Term Deferred Tax Liabilities	2.48	2.55	4.53	3.67	2.06	0.19
Other Long-Term Liabilities	86.54	42.89	46.7	45.46	48.01	4.1
Total Liabilities	256.52	254.03	207.46	152.3	92.38	30.39
Common Stock	10.53	10.53	10.53	10.16	2.86	1.95
Additional Paid-In Capital	8	8	8	2.22	7.26	4.19
Retained Earnings	21.79	23.15	23.04	12.84	6.61	5.94
Comprehensive Income & Other	0.18	0.26	0.28	0.16	0.45	1.86
Total Common Equity	40.5	41.95	41.85	25.38	17.18	13.95
Minority Interest	11.44	6.24	4.73	5.3	1.95	0.01
Shareholders' Equity	51.94	48.19	46.58	30.68	19.14	13.96
Total Liabilities & Equity	308.46	302.22	254.04	182.98	111.51	44.35
Total Debt	64.18	71.73	48.68	27.75	3.45	5.35
Net Cash (Debt)	-51.92	-55.27	-35.81	0.2	13.48	3.73
Net Cash Growth	-	-	-	-98.53%	261.76%	-
Net Cash Per Share	-0.54	-0.57	-0.37	0.00	0.16	0.05
Filing Date Shares Outstanding	96.45	96.45	96.45	95.45	89.84	77.18
Total Common Shares Outstanding	96.45	96.45	96.45	93.08	86.49	68.35
Working Capital	-4.23	6.21	4.4	17.29	8.85	4.94
Book Value Per Share	0.42	0.43	0.43	0.27	0.20	0.20
Tangible Book Value	-35.37	-11.31	-5.2	-15.78	-11.74	8.2
Tangible Book Value Per Share	-0.37	-0.12	-0.05	-0.17	-0.14	0.12
Land	-	-	24.22	12.91	6.11	3.79
Machinery	-	-	25.25	13.98	12.31	10.04
Construction In Progress	-	-	12.79	2.68	0.49	-

Source: S&P Capital IQ. Standard template. Financial Sources.