Bittnet Systems SA (BVB: BNET)

Bittnet Systems Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	35.98	70.01	42.3	23.4	24.87	20.82
Short-Term Investments	8.12	11.36	13.79	17.92	1.46	-
Cash & Short-Term Investments	44.1	81.37	56.09	41.32	26.33	20.82
Cash Growth	-32.60%	45.07%	35.74%	56.93%	26.45%	59.60%
Receivables	131.84	79.56	60.7	32.03	30.33	32.25
Inventory	9.13	4.23	2.78	1.18	1.16	2.57
Other Current Assets	0	-	-	-	-	0
Total Current Assets	185.06	165.16	119.57	74.54	57.82	55.64
Property, Plant & Equipment	31.8	32.7	27.81	2.35	5.44	6.74
Long-Term Investments	2.77	2.8	2.92	2	8.53	1.24
Goodwill	92.83	89.4	57.53	40.77	21.08	17.7
Other Intangible Assets	9.61	9.65	9.08	9.22	8.82	6.43
Long-Term Deferred Tax Assets	4.04	3.8	1.27	0.2	0.65	0.91
Other Long-Term Assets	0.94	0.7	2.43	2.04	0.01	1.11
Total Assets	327.05	304.2	220.6	131.11	102.35	89.77
Accounts Payable	141.4	126.19	58.6	41.34	28.75	27.03
Accrued Expenses	-	-	4.77	-	-	3.26
Current Portion of Long-Term Debt	14.28	8.59	39.19	4.75	8.47	4.45
Current Portion of Leases	6.57	6.42	4.69	0.54	1.4	1.33
Current Income Taxes Payable	1.18	0.62	0.28	0.29	0.12	0.23
Current Unearned Revenue	-	-	0.7	-	-	-
Other Current Liabilities	0	3.27	14.79	0.01	0	6.08
Total Current Liabilities	163.43	145.09	123.04	46.94	38.74	42.38
Long-Term Debt	45.1	43.32	20.78	30.37	32.93	33
Long-Term Leases	19.27	19.18	19.29	0.68	3.04	3.84
Other Long-Term Liabilities	-	5	-	0.62	0	0
Total Liabilities	227.79	212.59	163.1	78.61	74.71	79.22
Common Stock	63.42	63.42	52.85	48.04	26.44	11.62
Additional Paid-In Capital	31.93	31.93	9.74	14.54	25.41	-
Retained Earnings	-8.05	-2.4	2.47	7.83	-4.57	-2.52
Comprensive Income & Other	-2.4	-5.83	-11.39	-19.08	-19.89	1.12
Total Common Equity	84.9	87.13	53.67	51.34	27.39	10.22
Minority Interest	14.36	4.49	3.82	1.16	0.26	0.32
Shareholders' Equity	99.26	91.61	57.49	52.5	27.65	10.54
Total Liabilities & Equity	327.05	304.2	220.6	131.11	102.35	89.77
Total Debt	85.21	77.51	83.95	36.34	45.84	42.62
Net Cash (Debt)	-41.11	3.86	-27.86	4.98	-19.51	-21.8
Net Cash Per Share	-0.06	0.01	-0.05	0.01	-0.04	-0.05
Filing Date Shares Outstanding	634.18	634.18	634.18	528.48	528.48	391.14
Total Common Shares Outstanding	634.18	634.18	528.48	528.48	462.32	391.14
Working Capital	21.63	20.07	-3.47	27.6	19.08	13.27
Book Value Per Share	0.13	0.14	0.10	0.10	0.06	0.03
Tangible Book Value	-17.54	-11.93	-12.93	1.35	-2.51	-13.91
Tangible Book Value Per Share	-0.03	-0.02	-0.02	0.00	-0.01	-0.04
Machinery	-	18.62	10.1	4.7	4.3	3.22

Source: S&P Capital IQ. Standard template. Financial Sources.