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

Innovatec Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	3.66	9.69	11.64	9.97	24.95
Short-Term Investments	0.05	-	4.83	2.91	2.99
Cash & Short-Term Investments	3.71	9.69	16.46	12.87	27.95
Cash Growth	-61.68%	-41.16%	27.89%	-53.93%	65.06%
Accounts Receivable	10.97	60.37	64.13	58.75	47.86
Other Receivables	4.27	21.61	32.78	27.6	4.24
Receivables	15.24	81.98	96.91	86.35	52.1
Inventory	23.91	26.79	19.85	5.11	3.89
Other Current Assets	-	-	28.36	18.38	17.69
Total Current Assets	43.92	121.24	163.27	123.93	103.02
Property, Plant & Equipment	6.31	112.25	71.53	63.25	32.06
Long-Term Investments	0.74	4.37	4.03	9.33	1.44
Goodwill	10.44	42.1	43.86	39.01	36.65
Other Intangible Assets	4.1	33.96	9.4	8.04	4.51
Long-Term Deferred Charges	0.27	1.41	1.68	0.92	0.54
Other Long-Term Assets	1.05	8.26	8.43	9.57	4.76
Total Assets	66.84	323.59	302.22	254.04	182.98

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	10.1	59.63	76.11	72.04	45.51
Accrued Expenses	0.96	5.76	7.2	5.57	3.48
Current Portion of Long-Term Debt	4.27	24.9	23.93	15.37	10.57
Current Portion of Leases	0.03	-	-	-	-
Current Income Taxes Payable	3.4	6.92	7.59	4.11	2.06
Other Current Liabilities	23.5	36.86	42.24	22.43	24.11
Total Current Liabilities	42.27	134.07	157.07	119.52	85.73
Long-Term Debt	13.12	46.51	43	33.31	17.18
Long-Term Leases	0.04	-	4.8	-	-
Long-Term Unearned Revenue	0.21	5.8	3.71	3.39	0.24
Pension & Post-Retirement Benefits	-	0.01	0.01	0.01	0.01
Long-Term Deferred Tax Liabilities	0.13	2.85	2.55	4.53	3.67
Other Long-Term Liabilities	2.39	91.47	42.89	46.7	45.46
Total Liabilities	58.16	280.72	254.03	207.46	152.3

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	10.53	10.53	10.53	10.53	10.16
Additional Paid-In Capital	3.01	8.01	8	8	2.22
Retained Earnings	-8.56	13.15	23.15	23.04	12.84
Comprehensive Income & Other	0.01	0.29	0.26	0.28	0.16
Total Common Equity	4.99	31.98	41.95	41.85	25.38
Minority Interest	3.69	10.9	6.24	4.73	5.3
Shareholders' Equity	8.68	42.88	48.19	46.58	30.68
Total Liabilities & Equity	66.84	323.59	302.22	254.04	182.98

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	17.46	71.41	71.73	48.68	27.75
Net Cash (Debt)	-13.75	-61.73	-55.27	-35.81	0.2
Net Cash Growth	-	-	-	-	-98.53%
Net Cash Per Share	-0.14	-0.64	-0.57	-0.37	0.00
Filing Date Shares Outstanding	96.45	96.45	96.45	96.45	95.45
Total Common Shares Outstanding	96.45	96.45	96.45	96.45	93.08
Working Capital	1.65	-12.82	6.21	4.4	17.29
Book Value Per Share	0.05	0.33	0.43	0.43	0.27
Tangible Book Value	-9.56	-44.08	-11.31	-5.2	-15.78
Tangible Book Value Per Share	-0.10	-0.46	-0.12	-0.05	-0.17
Land	-	34.84	25.56	24.22	12.91
Machinery	-	44.64	30.91	25.25	13.98
Construction In Progress	-	33.62	9.56	12.79	2.68

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 29, 2026

Data Sources Report a data error