izertis 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	54.08	32.44	29.39	35.61	37.73
Short-Term Investments	0.94	1.99	-	0.64	0.38
Cash & Short-Term Investments	55.03	34.43	29.39	36.24	38.11
Cash Growth	59.81%	17.17%	-18.91%	-4.91%	23.54%
Accounts Receivable	-	-	29.29	-	-
Other Receivables	-	-	2.84	-	-
Total Trade Receivables	50.23	37.84	32.13	23.73	14.35
Inventory	1.06	0.73	1.16	0.78	0.85
Other Current Assets	1.32	1.17	0.89	0.8	0.92
Total Current Assets	107.64	74.17	65.98	61.55	54.23
Net Property, Plant & Equipment	5.08	6.06	6.19	4.05	3.93
Other Intangible Assets	69.26	57.76	55.99	38.34	21.98
Goodwill	87.32	71.23	68.88	37.2	19.78
Long-Term Investments	2.81	3.15	4.41	2.31	2.23
Other Long-Term Assets	0.36	0.36	0.79	1.19	0.89
Total Assets	272.47	212.72	199.82	144.63	103.04
Accounts Payable	30.01	15.09	25.66	17.85	10.41
Accrued Expenses	-	-	13.5	-	-
Short-Term Debt	11.31	2.21	-	5.53	4
Current Portion of Long-Term Debt	35.26	26.32	-	16.15	12.8
Current Portion of Leases	1.03	0.9	-	0.89	0.69
Unearned Revenue	10.37	5.57	5.57	-	-
Other Current Liabilities	2.42	1.5	1.52	2.07	1.42
Total Current Liabilities	90.4	51.59	56.59	42.49	29.32
Long-Term Debt	73.36	63.6	85.7	45.44	35.28
Long-Term Leases	1.47	2.15	4.31	1.58	1.69
Other Long-Term Liabilities	13.04	10.82	10.26	6.45	2.99
Total Long-Term Liabilities	87.88	76.57	70.36	53.46	39.97
Total Liabilities	178.27	128.17	126.95	95.95	69.28
Common Stock	2.9	2.79	2.64	2.5	2.34
Treasury Stock	-3.04	-2.19	-5.56	-3.02	-0.47
Additional Paid-in Capital	71.3	60.93	48.56	37.08	24.68
Accumulated Other Comprehensive Income	-0.14	0.04	0.11	0.11	0.02
Retained Earnings	21.08	17.3	13.18	8.73	5.15
Total Common Shareholders' Equity	93.33	84.24	72.65	48.48	33.48
Minority Interest	2.09	5.68	13.95	3.28	2.04
Shareholders' Equity	94.2	84.56	72.88	48.67	33.76
Total Liabilities & Equity	272.47	212.72	199.82	144.63	103.04
Total Debt	122.43	95.18	90.01	69.59	54.47
Net Cash (Debt)	-67.4	-60.74	-60.62	-33.35	-16.36
Net Cash Per Share	-2.41	-2.20	-2.30	-1.40	-0.72
Book Value	93.33	84.24	72.65	48.48	33.48
Book Value Per Share	3.33	3.06	2.75	2.03	1.48
Tangible Book Value	-63.25	-44.75	-52.22	-27.05	-8.27
Tangible Book Value Per Share	-2.26	-1.62	-1.98	-1.14	-0.36