Gradus AD Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1.88	1.31	3.1	1.07	2.37	5.52
Trading Asset Securities	-	2.08	-	-	-	-
Cash & Short-Term Investments	1.88	3.39	3.1	1.07	2.37	5.52
Cash Growth	-56.56%	9.16%	189.73%	-54.70%	-57.17%	139.75%
Accounts Receivable	9.19	6.96	12.61	7.67	7.77	5.9
Other Receivables	5.31	0.91	0.57	1.15	1.39	1.33
Receivables	14.51	7.87	14.16	10.38	12.03	10.91
Inventory	31.34	40.96	28.53	26.28	29.03	21.7
Prepaid Expenses	0.33	0.19	0.16	0.17	0.15	0.14
Restricted Cash	-	0.34	-	-	-	-
Other Current Assets	10.77	6.38	6.09	0.09	0.45	0.35
Total Current Assets	58.83	59.12	52.05	38	44.03	38.62
Property, Plant & Equipment	108.91	112.26	99.84	95.45	102.45	103.1
Long-Term Investments	0	0	0	0	0	0
Goodwill	10.56	10.57	10.59	10.56	10.56	10.56
Other Intangible Assets	13.08	9.67	17.19	17.47	21.6	27.68
Other Long-Term Assets	1.38	1.38	5.29	5.35	4.92	4.57
Total Assets	204.96	193	184.96	166.82	183.56	184.55
Accounts Payable	3.67	1.36	2.41	2.7	2.33	2.88
Accrued Expenses	2.57	2.27	2.41	2.34	2.16	2.17
Short-Term Debt	31.12	11.34	1.03	1.89	3.58	-
Current Portion of Long-Term Debt	0.17	0.22	0.18	0.13	0.13	0.17
Current Portion of Leases	-	0.08	0.04	0.05	0.03	0.07
Current Income Taxes Payable	1.6	0.56	0.34	0.02	0	0.21
Current Unearned Revenue	-	-	0.29	-	0.06	0.18
Other Current Liabilities	2.87	0.06	0.9	0.34	0.89	0.47
Total Current Liabilities	42	15.89	7.6	7.49	9.18	6.16
Long-Term Debt	16.06	6.35	9.28	5.77	3.62	0.92
Long-Term Leases	-	0.14	0.1	0.1	-	0.03
Pension & Post-Retirement Benefits	-	-	0.23	0.26	0.24	0.23
Long-Term Deferred Tax Liabilities	5.37	5.96	7.15	6.68	7.72	8.52
Other Long-Term Liabilities	0.43	0.3	-	-	-	-
Total Liabilities	63.85	28.64	24.36	20.31	20.76	15.86
Common Stock	124.24	124.61	124.87	124.55	124.53	124.57
Additional Paid-In Capital	9.25	9.25	27.88	30.86	31.84	31.85
Retained Earnings	45.58	34.92	11.65	-9.59	-0.76	4.91
Treasury Stock	-39.99	-6.48	-6.49	-2.11	-	-
Comprehensive Income & Other	1.41	1.41	1.98	2.1	6.38	6.42
Total Common Equity	140.48	163.72	159.9	145.81	161.98	167.76
Minority Interest	0.64	0.63	0.7	0.71	0.81	0.93
Shareholders' Equity	141.12	164.36	160.6	146.52	162.79	168.69
Total Liabilities & Equity	204.96	193	184.96	166.82	183.56	184.55
Total Debt	47.35	18.12	10.62	7.95	7.36	1.19
Net Cash (Debt)	-45.47	-14.73	-7.52	-6.88	-4.99	4.34
Net Cash Per Share	-	-0.06	-0.03	-0.03	-0.02	0.02
Filing Date Shares Outstanding	-	230.94	230.94	239.47	243.61	243.61
Total Common Shares Outstanding	-	230.94	230.94	239.47	243.61	243.61
Working Capital	16.83	43.23	44.45	30.51	34.85	32.47
Book Value Per Share	-	0.71	0.69	0.61	0.66	0.69
Tangible Book Value	116.84	143.49	132.12	117.78	129.82	129.51
Tangible Book Value Per Share	-	0.62	0.57	0.49	0.53	0.53
Land	-	-	9.1	9.12	9	8.91
Buildings	-	-	55.21	54.49	55.54	54.55
Machinery	-	-	30.97	24.95	33.35	31.31
Construction In Progress	-	-	1.73	0.96	1.31	1.7