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	Dec '23 Dec 31, 2023	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	6.11	6.11	9.84	17.75	4.25
Cash & Short-Term Investments	6.11	6.11	9.84	17.75	4.25
Cash Growth	-37.93%	-37.93%	-44.58%	317.24%	-
Accounts Receivable	11.22	11.22	10.32	7.68	6.24
Other Receivables	1.64	1.64	1.46	1.25	0.81
Receivables	12.88	12.88	11.79	8.93	7.05
Inventory	25.1	25.1	21.59	14.72	11.28
Prepaid Expenses	3.25	3.25	1.51	1.33	0.93
Other Current Assets	0	0	0	-	-
Total Current Assets	47.33	47.33	44.73	42.72	23.51
Property, Plant & Equipment	14.97	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	6.18	6.18	5.47	5.16	4.59
Long-Term Deferred Tax Assets	0.61	0.61	0.58	0.66	0.25
Long-Term Deferred Charges	1.97	1.97	1.95	1.57	1.4
Other Long-Term Assets	0.28	0.28	0.3	0.23	0.3
Total Assets	78.1	78.1	70.49	64.91	44.15
Accounts Payable	12.34	12.34	12.43	10.67	7.67
Accrued Expenses	1.84	1.84	1.64	1.43	1.2
Short-Term Debt	1.26	1.26	2.49	4.69	6.25
Current Portion of Long-Term Debt	2.5	2.5	3.26	3.2	3.13
Current Portion of Leases	0.78	0.78	0.65	0.51	0.78
Current Income Taxes Payable	0	0	0.6	0.2	0.11
Current Unearned Revenue	0.17	0.17	0.25	0.08	0.11
Other Current Liabilities	0.06	0.06	0.17	0.11	0.16
Total Current Liabilities	18.96	18.96	21.48	20.88	19.4
Long-Term Debt	6.08	6.08	8.57	10.87	11.9
Long-Term Leases	3.08	3.08	2.62	2	3.41
Long-Term Deferred Tax Liabilities	0.02	0.02	-	-	-
Other Long-Term Liabilities	0.36	0.36	0.36	0.4	0.2
Total Liabilities	29.61	29.61	34	34.99	35.67
Common Stock	2.57	2.57	2.38	2.38	1.93
Additional Paid-In Capital	29.78	29.78	20.25	20.01	1.63
Retained Earnings	15.7	15.7	13.22	7.33	4.8
Comprensive Income & Other	0.44	0.44	0.65	0.2	-0.17
Total Common Equity	48.48	48.48	36.49	29.92	8.19
Minority Interest	-	-	-	-	0.3
Shareholders' Equity	48.48	48.48	36.49	29.92	8.49
Total Liabilities & Equity	78.1	78.1	70.49	64.91	44.15
Total Debt	13.7	13.7	17.59	21.27	25.47
Net Cash (Debt)	-7.59	-7.59	-7.76	-3.52	-21.22
Net Cash Per Share	-0.30	-0.30	-	-	-
Filing Date Shares Outstanding	25.7	25.7	-	-	-
Total Common Shares Outstanding	25.7	25.7	-	-	-
Working Capital	28.37	28.37	23.25	21.84	4.1
Book Value Per Share	1.89	1.89	-	-	-
Tangible Book Value	36.07	36.07	24.78	19.1	-2.07
Tangible Book Value Per Share	1.40	1.40	-	-	-
Land	5.45	5.45	4.74	4.38	-
Machinery	8.64	8.64	6.59	7.08	7.08
Construction In Progress	1.56	1.56	0.49	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.