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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	63.36	66.66	72.59	74.82	39.59	58.83
Short-Term Investments	1.41	2.03	-	-	-	-
Cash & Short-Term Investments	64.77	68.69	72.59	74.82	39.59	58.83
Cash Growth	5.04%	-5.37%	-2.98%	89.00%	-32.70%	148.44%
Accounts Receivable	47.3	40.4	31.89	49.49	49.23	36.7
Other Receivables	12.04	9.86	10.01	11.54	7.17	8.5
Receivables	59.34	50.26	41.9	61.03	56.41	45.19
Inventory	74.4	64.62	72.65	85.83	83.28	61.69
Prepaid Expenses	-	1.4	1.32	1.81	0.94	0.87
Other Current Assets	-0	0.15	0.46	0.19	0.04	0.5
Total Current Assets	198.5	185.12	188.91	223.67	180.24	167.07
Property, Plant & Equipment	31.59	31.55	27.1	28.48	26.08	26.69
Long-Term Investments	6.89	1.81	3.93	2.92	1.77	1.77
Goodwill	157.11	157.11	157.11	165.22	165.51	148.48
Other Intangible Assets	102.28	69.18	73.22	78.76	78.59	39.87
Long-Term Deferred Tax Assets	2.45	2.51	3.05	2.29	2.52	2.25
Long-Term Deferred Charges	-	32.12	29.17	25.26	23.45	16.5
Other Long-Term Assets	2.87	6.7	8.44	11.91	17.07	0.87
Total Assets	501.69	486.08	490.93	538.5	495.23	403.5
Accounts Payable	44.14	34.88	31.71	36.4	44.01	39.95
Accrued Expenses	-	7.57	7.25	8.95	8.08	8.95
Short-Term Debt	5.51	4.7	8.02	11.03	21.68	11.5
Current Portion of Long-Term Debt	12.44	10.31	10.21	11.21	9.71	10.2
Current Portion of Leases	2.22	2.39	2.36	2.13	1.72	1.55
Current Income Taxes Payable	3.11	2.23	2.83	9.33	3.87	1.85
Current Unearned Revenue	-	1.37	2.66	1.51	1.44	1.68
Other Current Liabilities	10.62	1.17	0.94	1.27	2.74	3.35
Total Current Liabilities	78.03	64.62	65.98	81.83	93.24	79.02
Long-Term Debt	92.85	92.51	97.73	106.93	129.21	138.08
Long-Term Leases	5.63	6.04	6.75	8.6	6.08	6.96
Pension & Post-Retirement Benefits	3.58	3.47	3.73	3.31	2.83	3.07
Long-Term Deferred Tax Liabilities	23.46	23.77	23.72	24.08	25.91	12.03
Other Long-Term Liabilities	1.22	1.22	1.29	1.24	1.41	1.34
Total Liabilities	204.77	191.62	199.2	226	258.68	240.5
Common Stock	1.3	1.3	1.3	1.3	1.15	1.07
Additional Paid-In Capital	232.04	232.04	232.04	232.04	168.54	118.98
Retained Earnings	0.23	-2.41	-20.75	12.15	11.33	4.44
Treasury Stock	-	-4.14	-4.14	-4.14	-8.33	-3.69
Comprehensive Income & Other	40.45	45.93	63.46	49.27	43.08	24.59
Total Common Equity	274.01	272.72	271.91	290.62	215.78	145.4
Minority Interest	22.91	21.74	19.82	21.88	20.77	17.61
Shareholders' Equity	296.93	294.47	291.73	312.5	236.55	163
Total Liabilities & Equity	501.69	486.08	490.93	538.5	495.23	403.5
Total Debt	118.64	115.94	125.08	139.9	168.39	168.3
Net Cash (Debt)	-53.87	-47.25	-52.49	-65.08	-128.8	-109.47
Net Cash Per Share	-	-0.32	-0.36	-0.49	-1.09	-1.45
Filing Date Shares Outstanding	-	132.5	132.45	132.45	117.62	110.04
Total Common Shares Outstanding	-	132.5	132.45	132.45	117.62	110.04
Working Capital	120.47	120.5	122.93	141.84	87.01	88.06
Book Value Per Share	-	2.06	2.05	2.19	1.83	1.32
Tangible Book Value	14.63	46.43	41.58	46.64	-28.32	-42.96
Tangible Book Value Per Share	-	0.35	0.31	0.35	-0.24	-0.39
Land	-	7.25	7.25	5.88	5.88	5.06
Machinery	-	16.35	15.58	15.08	14.47	13.76
Construction In Progress	-	7.94	1.15	0.63	0.2	0.18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.