S.C. IOR Balance Sheet

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	81.96	79.62	62.09	29.2	17.13	13.78
Cash & Short-Term Investments	81.96	79.62	62.09	29.2	17.13	13.78
Cash Growth	57.73%	28.23%	112.68%	70.42%	24.34%	14.12%
Accounts Receivable	19.39	3.87	3.35	3.55	5.22	5.24
Other Receivables	6.71	3.1	3.6	4	4.69	5.02
Receivables	26.09	6.97	6.95	7.55	9.9	10.26
Inventory	82.3	82.68	62.5	33.67	24.13	21.87
Prepaid Expenses	0.01	0.01	0	0	0.01	0.02
Total Current Assets	190.36	169.27	131.55	70.42	51.18	45.93
Property, Plant & Equipment	112.65	113.02	115.05	120.73	123.76	126.18
Other Intangible Assets	0.13	0.13	0.08	0.06	0.07	0.03
Other Long-Term Assets	0.12	0.38	0.27	0.01	-	0.1
Total Assets	303.26	282.91	247.1	191.3	175.07	172.36
Accounts Payable	57.42	21.95	8.42	1.08	1.81	1.35
Accrued Expenses	-	-	-	-	29.38	29.55
Short-Term Debt	-	-	-	-	-	0
Current Income Taxes Payable	-	-	-	-	6.42	5.72
Current Unearned Revenue	-	30.08	31.17	0.81	0.29	0.37
Other Current Liabilities	-	33.93	34.37	34.2	0.21	0.24
Total Current Liabilities	57.42	85.95	73.96	36.09	38.12	37.24
Long-Term Debt	-	16.09	15.7	15.7	15.62	19.8
Other Long-Term Liabilities	64.59	-	-	-	-	-
Total Liabilities	122	102.04	89.66	51.79	53.74	57.05
Common Stock	94.28	72.28	72.25	55.23	37.71	31.66
Retained Earnings	8	8.27	6.86	-0.31	-4.25	-12.84
Comprehensive Income & Other	78.97	100.33	78.33	84.58	87.87	96.5
Shareholders' Equity	181.25	180.87	157.44	139.5	121.33	115.32
Total Liabilities & Equity	303.26	282.91	247.1	191.3	175.07	172.36
Total Debt	-	16.09	15.7	15.7	15.62	19.81
Net Cash (Debt)	81.96	63.53	46.39	13.5	1.51	-6.03
Net Cash Growth	57.73%	36.94%	243.79%	792.48%	-	-
Net Cash Per Share	0.11	0.09	0.06	0.02	0.00	-0.02
Filing Date Shares Outstanding	722.79	722.79	722.5	552.29	377.14	316.63
Total Common Shares Outstanding	722.79	722.79	722.5	552.29	377.14	316.63
Working Capital	132.94	83.32	57.59	34.32	13.06	8.69
Book Value Per Share	0.25	0.25	0.22	0.25	0.32	0.36
Tangible Book Value	181.12	180.74	157.36	139.45	121.26	115.29
Tangible Book Value Per Share	0.25	0.25	0.22	0.25	0.32	0.36
Land	-	89.78	89.78	95.38	96.67	98.58
Buildings	-	87.84	87.84	99.99	108.88	115.41
Machinery	-	28.67	28.49	27.07	26.5	24.78
Construction In Progress	-	3.74	2.33	0.59	0.22	0.44