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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	39.18	70.01	42.3	23.4	24.87	20.82
Short-Term Investments	5.3	11.36	13.79	17.92	1.46	-
Cash & Short-Term Investments	44.48	81.37	56.09	41.32	26.33	20.82
Cash Growth	5.06%	45.07%	35.74%	56.93%	26.45%	59.60%
Receivables	153.79	79.56	60.7	32.03	30.33	32.25
Inventory	17.71	4.23	2.78	1.18	1.16	2.57
Other Current Assets	-0	-	-	-	-	0
Total Current Assets	215.98	165.16	119.57	74.54	57.82	55.64
Property, Plant & Equipment	30.66	32.7	27.81	2.35	5.44	6.74
Long-Term Investments	2.71	2.8	2.92	2	8.53	1.24
Goodwill	93	89.4	57.53	40.77	21.08	17.7
Other Intangible Assets	9.54	9.65	9.08	9.22	8.82	6.43
Long-Term Deferred Tax Assets	4.52	3.8	1.27	0.2	0.65	0.91
Other Long-Term Assets	0.91	0.7	2.43	2.04	0.01	1.11
Total Assets	357.32	304.2	220.6	131.11	102.35	89.77
Accounts Payable	166.57	126.19	58.6	41.34	28.75	27.03
Accrued Expenses	-	-	4.77	-	-	3.26
Current Portion of Long-Term Debt	23.35	8.59	39.19	4.75	8.47	4.45
Current Portion of Leases	6.64	6.42	4.69	0.54	1.4	1.33
Current Income Taxes Payable	0.1	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	196.66	145.09	123.04	46.94	38.74	42.38
Long-Term Debt	44.23	43.32	20.78	30.37	32.93	33
Long-Term Leases	18.45	19.18	19.29	0.68	3.04	3.84
Other Long-Term Liabilities	-	5	-	0.62	0	0
Total Liabilities	259.35	212.59	163.1	78.61	74.71	79.22
Common Stock	64.44	63.42	52.85	48.04	26.44	11.62
Additional Paid-In Capital	30.92	31.93	9.74	14.54	25.41	-
Retained Earnings	-9.4	-2.4	2.47	7.83	-4.57	-2.52
Comprehensive Income & Other	-2.52	-5.83	-11.39	-19.08	-19.89	1.12
Total Common Equity	83.43	87.13	53.67	51.34	27.39	10.22
Minority Interest	14.54	4.49	3.82	1.16	0.26	0.32
Shareholders' Equity	97.97	91.61	57.49	52.5	27.65	10.54
Total Liabilities & Equity	357.32	304.2	220.6	131.11	102.35	89.77
Total Debt	92.68	77.51	83.95	36.34	45.84	42.62
Net Cash (Debt)	-48.2	3.86	-27.86	4.98	-19.51	-21.8
Net Cash Per Share	-0.07	0.01	-0.05	0.01	-0.04	-0.05
Filing Date Shares Outstanding	644.37	634.18	634.18	528.48	528.48	391.14
Total Common Shares Outstanding	644.37	634.18	528.48	528.48	462.32	391.14
Working Capital	19.32	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	-19.1	-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.