Soltec Power Holdings Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	32.66	18.59	32.24	19	36.18	125.75
Short-Term Investments	0.28	3.45	3.9	7.16	5.94	0.17
Cash & Short-Term Investments	32.94	22.05	36.14	26.16	42.12	125.92
Cash Growth	17.87%	-38.99%	38.13%	-37.89%	-66.55%	353.88%
Accounts Receivable	83.29	122.13	143.61	180.62	154.61	64
Other Receivables	17.37	16.36	19.13	18.25	17.09	12.27
Receivables	100.66	138.49	162.73	198.87	171.7	76.3
Inventory	33.96	66.88	159.36	38.76	70.85	22.88
Other Current Assets	140.67	137.14	11.56	9.57	8.22	23.76
Total Current Assets	308.22	364.55	369.79	273.36	292.89	248.87
Property, Plant & Equipment	21.91	23.49	187.9	176.29	108.92	24.95
Long-Term Investments	43.7	41.86	55.79	41.45	26.11	5.39
Other Intangible Assets	25.2	25.74	36.78	28.35	19.45	13.39
Long-Term Deferred Tax Assets	1.17	1.31	35.07	22.3	21.96	13.79
Other Long-Term Assets	3.98	6.63	8	14.05	7.63	5.04
Total Assets	404.17	463.58	693.32	555.81	476.95	311.44
Accounts Payable	147.51	178.86	214.19	155.91	159.62	33.12
Accrued Expenses	5.4	2.67	2.81	4.37	3.99	1.35
Short-Term Debt	-	-	-	-	92.78	85.89
Current Portion of Long-Term Debt	210.04	192.48	104.65	97.17	0.07	0.03
Current Portion of Leases	1.41	1.54	2.42	1.72	1.71	1.87
Current Income Taxes Payable	0.02	1.47	2.07	2.26	0.1	0.12
Other Current Liabilities	111.76	143.55	73.65	52.1	51.39	23.22
Total Current Liabilities	476.14	520.56	399.79	313.52	309.66	145.6
Long-Term Debt	0.41	0.45	121.41	59.53	0.28	1.56
Long-Term Leases	12.23	12.77	20.83	16.01	15.88	15.24
Long-Term Deferred Tax Liabilities	1.25	1.31	3.49	1.51	1.27	1.6
Other Long-Term Liabilities	6.07	6.12	3.97	2.57	2.88	4.98
Total Liabilities	496.1	541.21	549.48	393.14	329.97	168.98
Common Stock	22.85	22.85	22.85	22.85	22.85	22.85
Additional Paid-In Capital	143.47	143.47	143.47	143.47	143.47	143.47
Retained Earnings	-35.1	-208.51	-25.56	10.88	-1.71	-4.94
Treasury Stock	-4.29	-4.29	-4.75	-4.9	-4.63	-
Comprehensive Income & Other	-218.68	-31.08	7.92	-9.59	-12.95	-18.91
Total Common Equity	-91.75	-77.56	143.93	162.71	147.03	142.47
Minority Interest	-0.18	-0.08	-0.09	-0.04	-0.05	-0.01
Shareholders' Equity	-91.92	-77.64	143.85	162.67	146.98	142.46
Total Liabilities & Equity	404.17	463.58	693.32	555.81	476.95	311.44
Total Debt	224.08	207.24	249.3	174.42	110.72	104.58
Net Cash (Debt)	-191.14	-185.19	-213.16	-148.26	-68.59	21.34
Net Cash Per Share	-2.10	-2.03	-2.34	-1.63	-0.75	0.32
Filing Date Shares Outstanding	91.01	91.01	90.92	90.84	90.82	91.39
Total Common Shares Outstanding	91.01	91.01	90.92	90.84	90.82	91.39
Working Capital	-167.92	-156.02	-30	-40.16	-16.77	103.27
Book Value Per Share	-1.01	-0.85	1.58	1.79	1.62	1.56
Tangible Book Value	-116.95	-103.29	107.16	134.36	127.58	129.08
Tangible Book Value Per Share	-1.28	-1.13	1.18	1.48	1.40	1.41
Buildings	5.76	5.87	5.58	4.6	4.51	4.03
Machinery	10.86	11.16	166.45	85.29	8.83	6.98
Construction In Progress	-	2.6	6.19	-	-	-
Order Backlog	-	52	564	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.