Racing Force S.P.A. (BIT:RFG)

Racing Force S.P.A. Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.33	5.6	9.64	6.11	9.84	17.75
Cash & Short-Term Investments	7.33	5.6	9.64	6.11	9.84	17.75
Cash Growth	25.10%	-41.97%	57.89%	-37.93%	-44.58%	317.24%
Accounts Receivable	17.52	13.02	11.58	11.22	10.32	7.68
Other Receivables	0.55	0.83	1.17	1.64	1.46	1.25
Receivables	18.07	13.85	12.77	12.88	11.79	8.93
Inventory	31.1	31.02	27.38	25.1	21.59	14.72
Prepaid Expenses	3.15	3.1	3.17	3.25	1.51	1.33
Other Current Assets	-	-	-	0	0	-
Total Current Assets	59.65	53.56	52.96	47.33	44.73	42.72
Property, Plant & Equipment	35.09	33.79	20.31	14.97	11.18	8.72
Long-Term Investments	0.52	0.52	0.52	0.51	-	0.13
Goodwill	6.24	6.24	6.24	6.24	6.24	5.66
Other Intangible Assets	9.07	8.17	7.5	6.18	5.47	5.16
Long-Term Deferred Tax Assets	0.36	0.45	0.51	0.61	0.58	0.66
Long-Term Deferred Charges	2.03	2.08	1.89	1.97	1.95	1.57
Other Long-Term Assets	0.04	0.26	0.29	0.28	0.3	0.23
Total Assets	113	105.07	90.21	78.1	70.49	64.91

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	14.41	15.36	11.89	12.34	12.43	10.67
Accrued Expenses	3.29	2.51	2.09	1.84	1.64	1.43
Short-Term Debt	5.6	4.1	0.39	1.26	2.49	4.69
Current Portion of Long-Term Debt	2.46	2.51	3.04	2.5	3.26	3.2
Current Portion of Leases	0.84	0.78	0.82	0.78	0.65	0.51
Current Income Taxes Payable	1.35	0.42	0	0	0.6	0.2
Current Unearned Revenue	0.63	0.26	0.27	0.17	0.25	0.08
Other Current Liabilities	0.55	0.55	0.09	0.06	0.17	0.11
Total Current Liabilities	29.14	26.48	18.6	18.96	21.48	20.88
Long-Term Debt	8.89	7.3	6.82	6.08	8.57	10.87
Long-Term Leases	7.74	7.49	2.85	3.08	2.62	2
Pension & Post-Retirement Benefits	1.01	1	1.12	1.12	0.96	0.84
Long-Term Deferred Tax Liabilities	0.08	0.08	0.05	0.02	-	-
Other Long-Term Liabilities	-0	0.22	0.22	0.36	0.36	0.4
Total Liabilities	46.86	42.56	29.65	29.61	34	34.99

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2.75	2.74	2.74	2.57	2.38	2.38
Additional Paid-In Capital	36.95	36.95	36.95	29.78	20.25	20.01
Retained Earnings	26.08	22.15	19.18	15.7	13.22	7.33
Treasury Stock	-0.29	-0.5	-0.25	-	-	-
Comprehensive Income & Other	0.41	0.93	1.95	0.44	0.65	0.2
Total Common Equity	65.9	62.26	60.56	48.48	36.49	29.92
Minority Interest	0.24	0.24	-	-	-	-
Shareholders' Equity	66.14	62.5	60.56	48.48	36.49	29.92
Total Liabilities & Equity	113	105.07	90.21	78.1	70.49	64.91

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	25.53	22.18	13.91	13.7	17.59	21.27
Net Cash (Debt)	-18.2	-16.59	-4.27	-7.59	-7.76	-3.52
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.66	-0.61	-0.16	-0.30	-	-
Filing Date Shares Outstanding	27.48	27.27	27.33	25.7	-	-
Total Common Shares Outstanding	27.48	27.27	27.33	25.7	-	-
Working Capital	30.51	27.08	34.36	28.37	23.25	21.84
Book Value Per Share	2.40	2.28	2.22	1.89	-	-
Tangible Book Value	50.6	47.86	46.83	36.07	24.78	19.1
Tangible Book Value Per Share	1.84	1.75	1.71	1.40	-	-
Land	19.54	18.82	5.46	5.45	4.74	4.38
Machinery	13.58	12.34	10.62	8.64	6.59	7.08
Construction In Progress	0.02	0.16	6.1	1.56	0.49	-

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 16, 2026

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