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

Liabilities

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

Shareholders' Equity

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

Additional Metrics

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

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

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:

Aug 16, 2026

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