Seco S.p.A. (BIT:IOT)

Seco S.p.A. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	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	-	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	13.01	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	10.36	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	64.88	65.98	81.83	93.24	79.02	36.41
Long-Term Debt	-	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	95.2	1.29	1.24	1.41	1.34	0.7
Total Liabilities	192.99	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	168.54	118.98	14.78
Retained Earnings	1.88	-20.75	12.15	11.33	4.44	4.33
Treasury Stock	-	-4.14	-4.14	-8.33	-3.69	-
Comprehensive Income & Other	273.15	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	25.76	125.08	139.9	168.39	168.3	41.52
Net Cash (Debt)	33.55	-52.49	-65.08	-128.8	-109.47	-17.84
Net Cash Per Share	-	-0.36	-0.49	-1.09	-1.45	-23.29
Filing Date Shares Outstanding	-	132.45	132.45	117.62	110.04	0.78
Total Common Shares Outstanding	-	132.45	132.45	117.62	110.04	0.78
Working Capital	122.19	122.93	141.84	87.01	88.06	45.35
Book Value Per Share	-	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	-	0.31	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.