Novamarine Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	3.32	9.96	4.26	4.14
Short-Term Investments	2.94	-	-	0.08
Cash & Short-Term Investments	6.26	9.96	4.26	4.22
Cash Growth	-37.16%	133.68%	1.00%	-
Accounts Receivable	3.53	2.03	3.03	1.09
Other Receivables	2.75	3.69	0.85	0.45
Receivables	6.29	5.72	3.88	1.55
Inventory	16.62	14.8	13.97	12.55
Other Current Assets	0.42	0.77	0.43	0.2
Total Current Assets	29.64	31.31	22.84	18.52
Property, Plant & Equipment	19.21	16.68	10.91	14.7
Long-Term Investments	0.24	0	0	0
Goodwill	0.46	0.52	-	-
Other Intangible Assets	1.9	1.83	0.36	0.37
Long-Term Deferred Charges	1.07	1.16	-0.2	0.05
Other Long-Term Assets	0.33	0.28	5.63	1.9
Total Assets	52.86	51.79	39.54	35.54
Accounts Payable	3.42	4.82	4.33	4.64
Accrued Expenses	0.99	2.4	2.02	2.06
Current Portion of Long-Term Debt	7.17	6.91	4.15	3.02
Current Income Taxes Payable	1.29	1.27	0.95	0.18
Current Unearned Revenue	-	-	0.17	0.18
Other Current Liabilities	7.13	5.05	9.2	7.79
Total Current Liabilities	19.99	20.44	20.82	17.87
Long-Term Debt	5.82	6.15	7.75	8.22
Other Long-Term Liabilities	0.79	0.68	0.51	0.4
Total Liabilities	26.61	27.27	29.08	26.49
Common Stock	1.29	1.29	1	1
Additional Paid-In Capital	13.49	13.49	2.48	2.48
Retained Earnings	8.73	6.98	4.15	2.68
Comprehensive Income & Other	2.75	2.76	2.83	2.89
Shareholders' Equity	26.26	24.51	10.46	9.05
Total Liabilities & Equity	52.86	51.79	39.54	35.54
Total Debt	12.99	13.06	11.89	11.25
Net Cash (Debt)	-6.74	-3.1	-7.63	-7.03
Net Cash Per Share	-0.54	-	-	-
Filing Date Shares Outstanding	12.5	-	-	-
Total Common Shares Outstanding	12.5	-	-	-
Working Capital	9.65	10.87	2.02	0.65
Book Value Per Share	2.10	-	-	-
Tangible Book Value	23.89	22.16	10.1	8.67
Tangible Book Value Per Share	1.91	-	-	-
Buildings	-	-	0.1	-
Machinery	-	-	8.31	2.06
Construction In Progress	-	-	0.64	5.58