Bittnet Systems SA (BVB:BNET)

Bittnet Systems Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	26.63	73.36	70.01	42.3	23.4	24.87
Short-Term Investments	3.63	-	-	13.79	17.92	1.46
Trading Asset Securities	-	5.71	11.36	-	-	-
Cash & Short-Term Investments	30.26	79.07	81.37	56.09	41.32	26.33
Cash Growth	-31.39%	-2.83%	45.07%	35.74%	56.93%	26.45%
Accounts Receivable	38.34	105.92	58.73	60.7	32.03	30.33
Other Receivables	17.07	18.14	13.97	-	-	-
Receivables	55.41	124.06	72.7	60.7	32.03	30.33
Inventory	18.45	20.14	11.09	2.78	1.18	1.16
Other Current Assets	0	-	-0	-	-	-
Total Current Assets	104.11	223.26	165.16	119.57	74.54	57.82
Property, Plant & Equipment	26.26	29.47	32.7	27.81	2.35	5.44
Long-Term Investments	6.15	1.27	2.8	2.92	2	8.53
Goodwill	64.53	67.95	79.08	57.53	40.77	21.08
Other Intangible Assets	8.93	8.66	9.65	9.08	9.22	8.82
Long-Term Deferred Tax Assets	7.06	4.17	3.8	1.27	0.2	0.65
Other Long-Term Assets	0.39	0.38	0.7	2.43	2.04	0.01
Total Assets	217.43	335.16	293.88	220.6	131.11	102.35
Accounts Payable	49.21	136.78	95.46	58.6	41.34	28.75
Accrued Expenses	-	9.36	-	4.77	-	-
Current Portion of Long-Term Debt	14.7	16.14	8.59	39.19	4.75	8.47
Current Portion of Leases	6.63	6.42	6.42	4.69	0.54	1.4
Current Income Taxes Payable	0.07	0.79	0.62	0.28	0.29	0.12
Current Unearned Revenue	16.8	19.04	7.88	0.7	-	-
Other Current Liabilities	13.59	8.7	26.12	14.79	0.01	0
Total Current Liabilities	101	197.24	145.09	123.04	46.94	38.74
Long-Term Debt	41.82	43.24	43.32	20.78	30.37	32.93
Long-Term Leases	15.56	17.48	19.18	19.29	0.68	3.04
Other Long-Term Liabilities	0	0	5	-	0.62	0
Total Liabilities	158.38	257.97	212.59	163.1	78.61	74.71
Common Stock	63.42	63.42	63.42	52.85	48.04	26.44
Additional Paid-In Capital	31.93	31.93	31.93	9.74	14.54	25.41
Retained Earnings	-13.65	3.69	-6.36	2.47	7.83	-4.57
Comprehensive Income & Other	-28.59	-28.67	-16.15	-11.39	-19.08	-19.89
Total Common Equity	53.12	70.37	72.84	53.67	51.34	27.39
Minority Interest	5.94	6.83	8.45	3.82	1.16	0.26
Shareholders' Equity	59.06	77.2	81.29	57.49	52.5	27.65
Total Liabilities & Equity	217.43	335.16	293.88	220.6	131.11	102.35
Total Debt	78.7	83.29	77.51	83.95	36.34	45.84
Net Cash (Debt)	-48.45	-4.22	3.86	-27.86	4.98	-19.51
Net Cash Per Share	-0.08	-0.01	0.01	-0.05	0.01	-0.04
Filing Date Shares Outstanding	634.18	634.18	624.93	634.18	528.48	528.48
Total Common Shares Outstanding	634.18	630.18	624.93	528.48	528.48	462.32
Working Capital	3.12	26.02	20.07	-3.47	27.6	19.08
Book Value Per Share	0.08	0.11	0.12	0.10	0.10	0.06
Tangible Book Value	-20.34	-6.24	-15.89	-12.93	1.35	-2.51
Tangible Book Value Per Share	-0.03	-0.01	-0.03	-0.02	0.00	-0.01
Machinery	-	10.23	10.66	10.1	4.7	4.3

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