Seco 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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	59.3	72.59	74.82	39.59	58.83	23.68
Cash & Short-Term Investments	59.3	72.59	74.82	39.59	58.83	23.68
Cash Growth	-12.78%	-2.98%	89.00%	-32.70%	148.44%	42.66%
Accounts Receivable	43.45	31.89	49.49	49.23	36.7	15.03
Other Receivables	14.12	10.01	11.54	7.17	8.5	9.52
Receivables	57.57	41.9	61.03	56.41	45.19	24.55
Inventory	70.19	72.65	85.83	83.28	61.69	31.42
Prepaid Expenses	-	1.32	1.81	0.94	0.87	1.6
Other Current Assets	-	0.46	0.19	0.04	0.5	0.51
Total Current Assets	187.06	188.91	223.67	180.24	167.07	81.76
Property, Plant & Equipment	28.64	27.1	28.48	26.08	26.69	15.18
Long-Term Investments	11.25	3.93	2.92	1.77	1.77	0.24
Goodwill	157.11	157.11	165.22	165.51	148.48	7.07
Other Intangible Assets	101.81	73.22	78.76	78.59	39.87	4.68
Long-Term Deferred Tax Assets	2.71	3.05	2.29	2.52	2.25	0.62
Long-Term Deferred Charges	-	29.17	25.26	23.45	16.5	8.32
Other Long-Term Assets	1.77	8.44	11.91	17.07	0.87	0.5
Total Assets	490.33	490.93	538.5	495.23	403.5	118.37
Accounts Payable	32.85	31.71	36.4	44.01	39.95	15.29
Accrued Expenses	-	7.25	8.95	8.08	8.95	5.42
Short-Term Debt	6.81	8.02	11.03	21.68	11.5	8.54
Current Portion of Long-Term Debt	12.43	10.21	11.21	9.71	10.2	5.16
Current Portion of Leases	2.02	2.36	2.13	1.72	1.55	0.54
Current Income Taxes Payable	2.58	2.83	9.33	3.87	1.85	0.38
Current Unearned Revenue	-	2.66	1.51	1.44	1.68	0.58
Other Current Liabilities	10.25	0.94	1.27	2.74	3.35	0.51
Total Current Liabilities	66.94	65.98	81.83	93.24	79.02	36.41
Long-Term Debt	92.02	97.73	106.93	129.21	138.08	26.09
Long-Term Leases	6.56	6.75	8.6	6.08	6.96	1.19
Pension & Post-Retirement Benefits	3.66	3.73	3.31	2.83	3.07	2.97
Long-Term Deferred Tax Liabilities	22.69	23.72	24.08	25.91	12.03	0.04
Other Long-Term Liabilities	1.11	1.29	1.24	1.41	1.34	0.7
Total Liabilities	192.98	199.2	226	258.68	240.5	67.4
Common Stock	1.3	1.3	1.3	1.15	1.07	0.78
Additional Paid-In Capital	232.04	232.04	232.04	168.54	118.98	14.78
Retained Earnings	2.17	-20.75	12.15	11.33	4.44	4.33
Treasury Stock	-	-4.14	-4.14	-8.33	-3.69	-
Comprehensive Income & Other	40.82	63.46	49.27	43.08	24.59	23.94
Total Common Equity	276.32	271.91	290.62	215.78	145.4	43.83
Minority Interest	21.03	19.82	21.88	20.77	17.61	7.14
Shareholders' Equity	297.35	291.73	312.5	236.55	163	50.96
Total Liabilities & Equity	490.33	490.93	538.5	495.23	403.5	118.37
Total Debt	119.84	125.08	139.9	168.39	168.3	41.52
Net Cash (Debt)	-60.54	-52.49	-65.08	-128.8	-109.47	-17.84
Net Cash Per Share	-0.32	-0.36	-0.49	-1.09	-1.45	-23.29
Filing Date Shares Outstanding	188.2	132.45	132.45	117.62	110.04	0.78
Total Common Shares Outstanding	188.2	132.45	132.45	117.62	110.04	0.78
Working Capital	120.12	122.93	141.84	87.01	88.06	45.35
Book Value Per Share	1.47	2.05	2.19	1.83	1.32	56.44
Tangible Book Value	17.41	41.58	46.64	-28.32	-42.96	32.08
Tangible Book Value Per Share	0.09	0.31	0.35	-0.24	-0.39	41.32
Land	-	7.25	5.88	5.88	5.06	5.01
Machinery	-	15.58	15.08	14.47	13.76	10.45
Construction In Progress	-	1.15	0.63	0.2	0.18	0.13

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.