Smart Organic 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	0.99	1.58	5.24	2.14	2.24	4.11
Short-Term Investments	-	2.01	5.59	-	-	-
Trading Asset Securities	-	-	-	0.42	-	-
Cash & Short-Term Investments	0.99	3.59	10.83	2.56	2.24	4.11
Cash Growth	-86.12%	-66.85%	322.42%	14.24%	-45.46%	105.45%
Accounts Receivable	5.43	11.64	10	4.12	3.24	2.6
Other Receivables	1.63	0.09	0	0.46	0.75	0.41
Receivables	7.06	11.73	10	4.6	4	3.01
Inventory	23.1	18.18	10.14	7.53	7.91	5.41
Other Current Assets	3.43	-	-	1.2	0.49	0.56
Total Current Assets	34.59	33.5	30.97	15.89	14.64	13.09
Property, Plant & Equipment	26.06	23.46	20.07	10.1	8.68	5.14
Long-Term Investments	0.02	0.02	0.02	0.02	0.01	0.02
Goodwill	0.44	0.43	0.44	0.44	0.48	-
Other Intangible Assets	0.39	0.4	0.26	0.03	0.03	0.03
Long-Term Accounts Receivable	-	-	-	-	0.02	-
Long-Term Deferred Tax Assets	0.01	0	0.08	0.06	0.08	0.07
Other Long-Term Assets	-	1.93	1.58	5.56	0.66	0.75
Total Assets	61.51	59.75	53.42	32.1	24.58	19.1
Accounts Payable	1.4	2.08	3.38	1.94	1.51	1.39
Accrued Expenses	0.82	1.17	0.8	0.92	0.6	0.53
Short-Term Debt	-	-	0	0.04	0	-
Current Portion of Long-Term Debt	3.45	2.27	2.29	1.34	0.88	0.64
Current Portion of Leases	-	0.19	0.17	0.18	0.15	0.36
Current Income Taxes Payable	0.35	0.01	0.11	0.01	0.1	0.05
Other Current Liabilities	0.56	0.02	0.02	0.19	0.25	0.04
Total Current Liabilities	6.58	5.74	6.77	4.61	3.47	3.02
Long-Term Debt	7.71	8.76	7.08	3.95	2.78	1.69
Long-Term Leases	-	0.25	0.21	0.33	0.26	0.37
Pension & Post-Retirement Benefits	-	0.1	0.06	0.03	0.02	-
Long-Term Deferred Tax Liabilities	0.32	0.33	0.21	0.06	0.01	-
Total Liabilities	14.9	15.18	14.31	8.97	6.55	5.08
Common Stock	5.8	5.8	5.81	5.27	5.27	5.27
Additional Paid-In Capital	12.29	12.3	12.32	3.07	3.07	2.84
Retained Earnings	27.18	26.28	20.75	14.6	8.25	5.75
Comprehensive Income & Other	1.29	0.15	0.15	0.15	1.41	0.15
Total Common Equity	46.57	44.53	39.04	23.09	18.01	14.01
Minority Interest	0.04	0.04	0.07	0.04	0.03	0
Shareholders' Equity	46.61	44.57	39.11	23.13	18.03	14.01
Total Liabilities & Equity	61.51	59.75	53.42	32.1	24.58	19.1
Total Debt	11.16	11.48	9.74	5.82	4.06	3.07
Net Cash (Debt)	-10.16	-7.89	1.08	-3.26	-1.82	1.05
Net Cash Per Share	-0.91	-0.70	0.10	-0.32	-0.18	0.29
Filing Date Shares Outstanding	11.36	11.34	11.34	10.31	10.31	10.31
Total Common Shares Outstanding	11.36	11.34	11.34	10.31	10.31	10.31
Working Capital	28.01	27.77	24.2	11.28	11.16	10.07
Book Value Per Share	4.10	3.93	3.44	2.24	1.75	1.36
Tangible Book Value	45.73	43.7	38.33	22.62	17.51	13.99
Tangible Book Value Per Share	4.02	3.85	3.38	2.19	1.70	1.36
Land	-	1.22	1.22	1.22	1.22	0.56
Buildings	-	9.06	9.08	4.17	5.14	4.25
Machinery	-	18.62	13.8	7.86	6.22	5.04