Bicicletas Monark Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	186.56	164.6	168.96	172.34	146.35	153.41
Cash & Short-Term Investments	186.56	164.6	168.96	172.34	146.35	153.41
Cash Growth	17.66%	-2.58%	-1.96%	17.76%	-4.60%	3.09%
Accounts Receivable	4.02	3.46	4.56	4.17	5.35	6
Other Receivables	5.2	3.26	1.87	6.9	1.88	0.75
Receivables	9.22	6.71	6.43	11.08	7.22	6.76
Inventory	9.6	7.19	5.99	7.9	15.01	5.28
Prepaid Expenses	0.27	-	-	-	-	-
Other Current Assets	12.26	-	-	-	-	-
Total Current Assets	217.91	178.49	181.38	191.31	168.59	165.46
Property, Plant & Equipment	3.72	4.78	6.16	1.23	2.42	4.74
Long-Term Investments	46.6	47.96	51.5	37.35	40.58	43.42
Long-Term Deferred Tax Assets	-	-	-	-	1.69	1.83
Other Long-Term Assets	1.02	0.81	0.77	1.38	2.75	1.03
Total Assets	269.25	232.04	239.81	231.27	216.03	216.48
Accounts Payable	0.51	0.69	0.67	1.17	1.45	1.56
Accrued Expenses	0.8	1.08	1.19	1.69	0.58	0.56
Current Portion of Leases	1.88	1.72	1.64	0.73	1.46	1.87
Current Income Taxes Payable	-	0.67	0.89	2.07	0.69	0.22
Other Current Liabilities	0.53	4.27	4.84	6.78	2.11	1.03
Total Current Liabilities	3.71	8.42	9.23	12.44	6.3	5.23
Long-Term Leases	1.29	2.53	4.06	0.04	0.69	2.69
Long-Term Deferred Tax Liabilities	13.3	13.74	15.06	10.42	13.77	14.5
Other Long-Term Liabilities	5.32	5.32	4.98	4.92	3.3	3.62
Total Liabilities	23.62	30	33.34	27.82	24.06	26.03
Common Stock	133.01	133.01	133.01	133.01	133.01	133.01
Retained Earnings	82.39	37.9	39.99	46.31	32.7	29.31
Comprehensive Income & Other	30.24	31.13	33.47	24.13	26.26	28.14
Total Common Equity	245.64	202.05	206.47	203.45	191.97	190.46
Shareholders' Equity	245.64	202.05	206.47	203.45	191.97	190.46
Total Liabilities & Equity	269.25	232.04	239.81	231.27	216.03	216.48
Total Debt	3.17	4.24	5.7	0.77	2.16	4.55
Net Cash (Debt)	183.39	160.35	163.26	171.57	144.19	148.86
Net Cash Growth	19.17%	-1.78%	-4.84%	18.99%	-3.13%	5.70%
Net Cash Per Share	403.30	352.62	359.02	377.28	317.10	327.30
Filing Date Shares Outstanding	0.45	0.45	0.45	0.45	0.45	0.45
Total Common Shares Outstanding	0.45	0.45	0.45	0.45	0.45	0.45
Working Capital	214.21	170.08	172.15	178.87	162.3	160.23
Book Value Per Share	540.16	444.30	454.03	447.39	422.14	418.81
Tangible Book Value	245.64	202.05	206.47	203.45	191.97	190.46
Tangible Book Value Per Share	540.16	444.30	454.03	447.39	422.14	418.81
Machinery	7.35	7.28	7.1	7.1	7.05	6.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.