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	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	9.64	6.11	9.84	17.75	4.25
Cash & Short-Term Investments	9.64	6.11	9.84	17.75	4.25
Cash Growth	57.89%	-37.93%	-44.58%	317.24%	-
Accounts Receivable	11.58	11.22	10.32	7.68	6.24
Other Receivables	1.17	1.64	1.46	1.25	0.81
Receivables	12.77	12.88	11.79	8.93	7.05
Inventory	27.38	25.1	21.59	14.72	11.28
Prepaid Expenses	3.17	3.25	1.51	1.33	0.93
Other Current Assets	-	0	0	-	-
Total Current Assets	52.96	47.33	44.73	42.72	23.51
Property, Plant & Equipment	20.31	14.97	11.18	8.72	6.91
Long-Term Investments	0.52	0.51	-	0.13	0.04
Goodwill	6.24	6.24	6.24	5.66	5.66
Other Intangible Assets	7.5	6.18	5.47	5.16	4.59
Long-Term Deferred Tax Assets	0.51	0.61	0.58	0.66	0.25
Long-Term Deferred Charges	1.89	1.97	1.95	1.57	1.4
Other Long-Term Assets	0.29	0.28	0.3	0.23	0.3
Total Assets	90.21	78.1	70.49	64.91	44.15
Accounts Payable	11.89	12.34	12.43	10.67	7.67
Accrued Expenses	2.09	1.84	1.64	1.43	1.2
Short-Term Debt	0.39	1.26	2.49	4.69	6.25
Current Portion of Long-Term Debt	3.04	2.5	3.26	3.2	3.13
Current Portion of Leases	0.82	0.78	0.65	0.51	0.78
Current Income Taxes Payable	0	0	0.6	0.2	0.11
Current Unearned Revenue	0.27	0.17	0.25	0.08	0.11
Other Current Liabilities	0.09	0.06	0.17	0.11	0.16
Total Current Liabilities	18.6	18.96	21.48	20.88	19.4
Long-Term Debt	6.82	6.08	8.57	10.87	11.9
Long-Term Leases	2.85	3.08	2.62	2	3.41
Long-Term Deferred Tax Liabilities	0.05	0.02	-	-	-
Other Long-Term Liabilities	0.22	0.36	0.36	0.4	0.2
Total Liabilities	29.65	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	19.18	15.7	13.22	7.33	4.8
Treasury Stock	-0.25	-	-	-	-
Comprehensive Income & Other	1.95	0.44	0.65	0.2	-0.17
Total Common Equity	60.56	48.48	36.49	29.92	8.19
Minority Interest	-	-	-	-	0.3
Shareholders' Equity	60.56	48.48	36.49	29.92	8.49
Total Liabilities & Equity	90.21	78.1	70.49	64.91	44.15
Total Debt	13.91	13.7	17.59	21.27	25.47
Net Cash (Debt)	-4.27	-7.59	-7.76	-3.52	-21.22
Net Cash Per Share	-0.16	-0.30	-	-	-
Filing Date Shares Outstanding	27.33	25.7	-	-	-
Total Common Shares Outstanding	27.33	25.7	-	-	-
Working Capital	34.36	28.37	23.25	21.84	4.1
Book Value Per Share	2.22	1.89	-	-	-
Tangible Book Value	46.83	36.07	24.78	19.1	-2.07
Tangible Book Value Per Share	1.71	1.40	-	-	-
Land	5.46	5.45	4.74	4.38	-
Machinery	10.62	8.64	6.59	7.08	7.08
Construction In Progress	6.1	1.56	0.49	-	-

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