Racing Force 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 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	15.61	6.11	9.84	17.75	4.25
Cash & Short-Term Investments	15.61	6.11	9.84	17.75	4.25
Cash Growth	51.15%	-37.93%	-44.58%	317.24%	-
Accounts Receivable	12.85	11.22	10.32	7.68	6.24
Other Receivables	2.91	1.64	1.46	1.25	0.81
Receivables	15.78	12.88	11.79	8.93	7.05
Inventory	25.24	25.1	21.59	14.72	11.28
Prepaid Expenses	-	3.25	1.51	1.33	0.93
Other Current Assets	0.74	0	0	-	-
Total Current Assets	57.38	47.33	44.73	42.72	23.51
Property, Plant & Equipment	17.39	14.97	11.18	8.72	6.91
Long-Term Investments	0.51	0.51	-	0.13	0.04
Goodwill	6.24	6.24	6.24	5.66	5.66
Other Intangible Assets	6.88	6.18	5.47	5.16	4.59
Long-Term Deferred Tax Assets	0.58	0.61	0.58	0.66	0.25
Long-Term Deferred Charges	1.87	1.97	1.95	1.57	1.4
Other Long-Term Assets	0.31	0.28	0.3	0.23	0.3
Total Assets	91.18	78.1	70.49	64.91	44.15
Accounts Payable	11.52	12.34	12.43	10.67	7.67
Accrued Expenses	1.76	1.84	1.64	1.43	1.2
Short-Term Debt	0.22	1.26	2.49	4.69	6.25
Current Portion of Long-Term Debt	2.97	2.5	3.26	3.2	3.13
Current Portion of Leases	0.77	0.78	0.65	0.51	0.78
Current Income Taxes Payable	0.97	0	0.6	0.2	0.11
Current Unearned Revenue	0.36	0.17	0.25	0.08	0.11
Other Current Liabilities	0.48	0.06	0.17	0.11	0.16
Total Current Liabilities	19.05	18.96	21.48	20.88	19.4
Long-Term Debt	8.35	6.08	8.57	10.87	11.9
Long-Term Leases	2.86	3.08	2.62	2	3.41
Long-Term Deferred Tax Liabilities	0.03	0.02	-	-	-
Other Long-Term Liabilities	0.36	0.36	0.36	0.4	0.2
Total Liabilities	31.76	29.61	34	34.99	35.67
Common Stock	2.74	2.57	2.38	2.38	1.93
Additional Paid-In Capital	36.95	29.78	20.25	20.01	1.63
Retained Earnings	18.78	15.7	13.22	7.33	4.8
Comprehensive Income & Other	0.99	0.44	0.65	0.2	-0.17
Total Common Equity	59.42	48.48	36.49	29.92	8.19
Minority Interest	-	-	-	-	0.3
Shareholders' Equity	59.42	48.48	36.49	29.92	8.49
Total Liabilities & Equity	91.18	78.1	70.49	64.91	44.15
Total Debt	15.18	13.7	17.59	21.27	25.47
Net Cash (Debt)	0.44	-7.59	-7.76	-3.52	-21.22
Net Cash Per Share	0.02	-0.30	-	-	-
Filing Date Shares Outstanding	27.38	25.7	-	-	-
Total Common Shares Outstanding	27.38	25.7	-	-	-
Working Capital	38.32	28.37	23.25	21.84	4.1
Book Value Per Share	2.17	1.89	-	-	-
Tangible Book Value	46.3	36.07	24.78	19.1	-2.07
Tangible Book Value Per Share	1.69	1.40	-	-	-
Land	5.46	5.45	4.74	4.38	-
Machinery	8.98	8.64	6.59	7.08	7.08
Construction In Progress	3.9	1.56	0.49	-	-

Updated Sep 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.