S.C. Argus 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2.25	4.1	6.55	7.24	37.56	6.13
Cash & Short-Term Investments	2.25	4.1	6.55	7.24	37.56	6.13
Cash Growth	71.13%	-37.44%	-9.43%	-80.74%	513.01%	-80.82%
Accounts Receivable	2.54	3.51	14.35	22.31	15.86	23.68
Other Receivables	0.37	0.94	0.83	0.57	1.8	0.12
Receivables	2.91	4.46	15.18	22.88	17.66	23.8
Inventory	2.71	6.58	49.88	73.3	177.91	112.03
Prepaid Expenses	-	0.05	0.21	0.07	0.09	0.07
Total Current Assets	7.87	15.19	71.82	103.49	233.23	142.04
Property, Plant & Equipment	-	116.21	123.33	120.22	160.19	85.43
Long-Term Investments	13.3	0.03	1.41	1.41	0.03	15.11
Other Intangible Assets	74.3	0.02	0.03	0.01	0.01	0.01
Other Long-Term Assets	0.77	0.3	0.38	0.1	0	0.3
Total Assets	96.24	131.76	196.99	225.24	393.49	242.89
Accounts Payable	2.57	2.27	10.21	4.73	6.94	10.53
Accrued Expenses	-	1.1	2.36	1.82	1.62	2.82
Short-Term Debt	0.97	-	60.13	80.25	157.92	110
Current Portion of Long-Term Debt	-	-	0.67	0.22	-	-
Current Income Taxes Payable	-	-	-	0.01	0.01	0.01
Current Unearned Revenue	-	4.78	0.16	0.19	0.41	0.48
Other Current Liabilities	-	0.14	0.56	0.68	0.89	0.45
Total Current Liabilities	3.54	8.29	74.09	87.91	167.8	124.29
Long-Term Debt	27.73	-	-	0.67	1.16	-
Long-Term Unearned Revenue	0.08	0.3	0.32	0.28	0.21	0
Pension & Post-Retirement Benefits	-	0.22	0.54	0.44	0.44	-
Other Long-Term Liabilities	1.4	28.78	2.05	2	6.65	1.68
Total Liabilities	32.75	37.58	77	91.31	176.26	125.97
Common Stock	63.49	53.67	53.67	53.67	53.67	53.67
Additional Paid-In Capital	-	0.1	0.1	0.1	0.1	0.1
Retained Earnings	-	-110.72	-86.16	-61.35	13.1	-11.94
Comprehensive Income & Other	-	149.79	150.42	138.93	147.56	75.1
Total Common Equity	63.49	92.84	118.02	131.35	214.43	116.92
Minority Interest	-	1.33	1.97	2.58	2.79	-
Shareholders' Equity	63.49	94.18	119.99	133.93	217.23	116.92
Total Liabilities & Equity	96.24	131.76	196.99	225.24	393.49	242.89
Total Debt	28.7	-	60.8	81.14	159.08	110
Net Cash (Debt)	-26.45	4.1	-54.25	-73.9	-121.52	-103.87
Net Cash Per Share	-0.74	0.11	-1.52	-2.07	-3.40	-
Filing Date Shares Outstanding	35.78	35.78	35.78	35.78	35.78	-
Total Common Shares Outstanding	35.78	35.78	35.78	35.78	35.78	-
Working Capital	4.33	6.9	-2.27	15.57	65.44	17.75
Book Value Per Share	1.77	2.59	3.30	3.67	5.99	-
Tangible Book Value	-10.81	92.83	117.99	131.33	214.42	116.92
Tangible Book Value Per Share	-0.30	2.59	3.30	3.67	5.99	-
Land	-	47.75	47.75	43.77	62.46	35.07
Buildings	-	68.86	69.24	77.5	78.2	43.07
Machinery	-	70.66	70.7	72.14	71.88	59.1
Construction In Progress	-	-	-	-	0.39	-