VNE S.p.A. Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1.91	2.53	4.36	4.97	3.45
Short-Term Investments	0.51	0.22	1	-	-
Cash & Short-Term Investments	2.42	2.75	5.36	4.97	3.45
Cash Growth	-11.80%	-48.77%	7.99%	43.90%	-
Accounts Receivable	9.01	8.62	9.28	11.11	6.37
Other Receivables	2.94	2.6	2.52	2.36	1.38
Receivables	11.94	11.22	11.8	13.47	7.75
Inventory	5.73	4.59	3.28	3.3	2.63
Prepaid Expenses	-	-	-	0.5	-
Other Current Assets	-	-	-0	-0	-
Total Current Assets	20.87	19.28	20.89	22.23	13.83
Property, Plant & Equipment	3.82	2.32	2	2.15	0.32
Long-Term Investments	0.17	0.17	0	0.08	-
Goodwill	3.73	3.85	4.21	4.79	3.13
Other Intangible Assets	0.23	0.28	0.16	0.15	0.25
Long-Term Deferred Charges	0.24	0.36	0.49	-	-
Other Long-Term Assets	1.9	2.27	1.88	0.97	1.09
Total Assets	30.96	28.54	29.62	30.38	18.61
Accounts Payable	6.59	4.56	3.98	4.49	3.5
Accrued Expenses	0.93	0.95	1.1	0.91	0.57
Current Portion of Long-Term Debt	4.19	3.06	2.59	2.81	1.38
Current Income Taxes Payable	0.22	0.26	0.16	0.38	-
Other Current Liabilities	0.54	0.66	0.88	0.79	0.54
Total Current Liabilities	12.47	9.49	8.71	9.38	5.99
Long-Term Debt	2.01	3.17	5.27	6.93	5.64
Other Long-Term Liabilities	0.59	0.5	0.52	0.7	0.65
Total Liabilities	15.07	13.16	14.5	17.01	12.28
Common Stock	11.94	11.94	11.94	11.75	4.79
Additional Paid-In Capital	2.61	2.61	2.91	-	-
Retained Earnings	0.67	0.56	-1.04	0.09	1.28
Comprehensive Income & Other	0.67	0.27	1.31	1.53	0.27
Shareholders' Equity	15.89	15.38	15.12	13.37	6.34
Total Liabilities & Equity	30.96	28.54	29.62	30.38	18.61
Total Debt	6.2	6.23	7.86	9.74	7.02
Net Cash (Debt)	-3.78	-3.49	-2.49	-4.78	-3.57
Net Cash Per Share	-	-0.94	-0.67	-1.54	-
Filing Date Shares Outstanding	-	3.7	3.7	3.11	-
Total Common Shares Outstanding	-	3.7	3.7	3.11	-
Working Capital	8.4	9.79	12.17	12.85	7.84
Book Value Per Share	-	4.16	4.09	4.30	-
Tangible Book Value	11.93	11.24	10.75	8.43	2.96
Tangible Book Value Per Share	-	3.04	2.91	2.71	-