Bittnet Systems SA (BVB:BNET)

Bittnet Systems Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	73.36	70.01	42.3	23.4	24.87
Short-Term Investments	5.71	11.36	13.79	17.92	1.46
Cash & Short-Term Investments	79.07	81.37	56.09	41.32	26.33
Cash Growth	-2.83%	45.07%	35.74%	56.93%	26.45%
Receivables	123.72	79.56	60.7	32.03	30.33
Inventory	4.81	4.23	2.78	1.18	1.16
Prepaid Expenses	15.32	-	-	-	-
Total Current Assets	222.93	165.16	119.57	74.54	57.82
Property, Plant & Equipment	28.39	32.7	27.81	2.35	5.44
Long-Term Investments	1.27	2.8	2.92	2	8.53
Goodwill	93.92	89.4	57.53	40.77	21.08
Other Intangible Assets	8.87	9.65	9.08	9.22	8.82
Long-Term Deferred Tax Assets	4.09	3.8	1.27	0.2	0.65
Other Long-Term Assets	0.19	0.7	2.43	2.04	0.01
Total Assets	359.66	304.2	220.6	131.11	102.35
Accounts Payable	152.83	126.19	58.6	41.34	28.75
Accrued Expenses	-	-	4.77	-	-
Current Portion of Long-Term Debt	16.14	8.59	39.19	4.75	8.47
Current Portion of Leases	6.4	6.42	4.69	0.54	1.4
Current Income Taxes Payable	0.8	0.62	0.28	0.29	0.12
Current Unearned Revenue	19.04	-	0.7	-	-
Other Current Liabilities	1.49	3.27	14.79	0.01	0
Total Current Liabilities	196.7	145.09	123.04	46.94	38.74
Long-Term Debt	43.24	43.32	20.78	30.37	32.93
Long-Term Leases	16.44	19.18	19.29	0.68	3.04
Other Long-Term Liabilities	-0	5	-	0.62	0
Total Liabilities	256.38	212.59	163.1	78.61	74.71
Common Stock	63.42	63.42	52.85	48.04	26.44
Additional Paid-In Capital	31.93	31.93	9.74	14.54	25.41
Retained Earnings	4.12	-2.4	2.47	7.83	-4.57
Comprehensive Income & Other	-2.7	-5.83	-11.39	-19.08	-19.89
Total Common Equity	96.78	87.13	53.67	51.34	27.39
Minority Interest	6.5	4.49	3.82	1.16	0.26
Shareholders' Equity	103.28	91.61	57.49	52.5	27.65
Total Liabilities & Equity	359.66	304.2	220.6	131.11	102.35
Total Debt	82.22	77.51	83.95	36.34	45.84
Net Cash (Debt)	-3.16	3.86	-27.86	4.98	-19.51
Net Cash Per Share	-0.00	0.01	-0.05	0.01	-0.04
Filing Date Shares Outstanding	634.18	634.18	634.18	528.48	528.48
Total Common Shares Outstanding	634.18	634.18	528.48	528.48	462.32
Working Capital	26.23	20.07	-3.47	27.6	19.08
Book Value Per Share	0.15	0.14	0.10	0.10	0.06
Tangible Book Value	-6.02	-11.93	-12.93	1.35	-2.51
Tangible Book Value Per Share	-0.01	-0.02	-0.02	0.00	-0.01
Machinery	-	18.62	10.1	4.7	4.3

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