Bittnet Systems SA (BVB:BNET)

Bittnet Systems Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	37.62	116.39	73.36	70.01	42.3	23.4
Short-Term Investments	1.47	3.46	5.71	-	13.79	17.92
Trading Asset Securities	-	-	-	11.36	-	-
Cash & Short-Term Investments	39.09	119.85	79.07	81.37	56.09	41.32
Cash Growth	29.19%	51.58%	-2.83%	45.07%	35.74%	56.93%
Accounts Receivable	58.4	121.09	105.92	58.73	60.7	32.03
Other Receivables	37.54	12.89	11.12	13.97	-	-
Receivables	95.94	133.98	122.66	72.7	60.7	32.03
Inventory	6.45	3.65	4.81	11.09	2.78	1.18
Other Current Assets	20.68	16.68	16.73	-0	-	-
Total Current Assets	162.16	274.15	223.26	165.16	119.57	74.54
Property, Plant & Equipment	22.08	25.29	29.47	32.7	27.81	2.35
Long-Term Investments	6.37	6.23	1.27	2.8	2.92	2
Goodwill	59.29	64.53	67.95	79.08	57.53	40.77
Other Intangible Assets	8.22	8.77	8.66	9.65	9.08	9.22
Long-Term Deferred Tax Assets	6.83	5.59	4.17	3.8	1.27	0.2
Other Long-Term Assets	0.25	0.32	0.38	0.7	2.43	2.04
Total Assets	265.19	384.87	335.16	293.88	220.6	131.11

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	98.92	206.28	136.78	95.46	58.6	41.34
Accrued Expenses	-	6.5	9.36	-	4.77	-
Current Portion of Long-Term Debt	17.21	22.74	16.14	8.59	39.19	4.75
Current Portion of Leases	6.82	6.8	6.42	6.42	4.69	0.54
Current Income Taxes Payable	0.48	0.42	0.79	0.62	0.28	0.29
Current Unearned Revenue	16.27	17.31	19.04	7.88	0.7	-
Other Current Liabilities	12.5	8.96	8.7	26.12	14.79	0.01
Total Current Liabilities	152.22	269.01	197.24	145.09	123.04	46.94
Long-Term Debt	26.94	34.42	43.24	43.32	20.78	30.37
Long-Term Leases	13.28	14.93	17.48	19.18	19.29	0.68
Other Long-Term Liabilities	0	-	0	5	-	0.62
Total Liabilities	192.44	318.35	257.97	212.59	163.1	78.61

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	63.42	63.42	63.42	63.42	52.85	48.04
Additional Paid-In Capital	31.93	31.93	31.93	31.93	9.74	14.54
Retained Earnings	6.62	-2.55	3.69	-6.36	2.47	7.83
Comprehensive Income & Other	-31.75	-31.75	-28.67	-16.15	-11.39	-19.08
Total Common Equity	70.22	61.05	70.37	72.84	53.67	51.34
Minority Interest	2.54	5.47	6.83	8.45	3.82	1.16
Shareholders' Equity	72.75	66.52	77.2	81.29	57.49	52.5
Total Liabilities & Equity	265.19	384.87	335.16	293.88	220.6	131.11

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	64.26	78.87	83.29	77.51	83.95	36.34
Net Cash (Debt)	-25.18	40.97	-4.22	3.86	-27.86	4.98
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.04	0.06	-0.01	0.01	-0.05	0.01
Filing Date Shares Outstanding	608.81	634.18	634.18	624.93	634.18	528.48
Total Common Shares Outstanding	608.81	634.18	630.18	624.93	528.48	528.48
Working Capital	9.94	5.14	26.02	20.07	-3.47	27.6
Book Value Per Share	0.12	0.10	0.11	0.12	0.10	0.10
Tangible Book Value	2.7	-12.25	-6.24	-15.89	-12.93	1.35
Tangible Book Value Per Share	0.00	-0.02	-0.01	-0.03	-0.02	0.00
Machinery	-	10.41	10.23	10.66	10.1	4.7

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 11, 2026

Data Sources Report a data error