Bicicletas Monark Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	161.88	164.6	168.96	172.34	146.35
Cash & Short-Term Investments	161.88	164.6	168.96	172.34	146.35
Cash Growth	-1.65%	-2.58%	-1.96%	17.76%	-4.60%
Accounts Receivable	3.38	3.46	4.56	4.17	5.35
Other Receivables	5.23	3.26	1.87	6.9	1.88
Receivables	8.61	6.71	6.43	11.08	7.22
Inventory	8.37	7.19	5.99	7.9	15.01
Total Current Assets	178.86	178.49	181.38	191.31	168.59
Property, Plant & Equipment	3.25	4.78	6.16	1.23	2.42
Long-Term Investments	47.23	47.96	51.5	37.35	40.58
Long-Term Deferred Tax Assets	-	-	-	-	1.69
Other Long-Term Assets	0.8	0.81	0.77	1.38	2.75
Total Assets	230.13	232.04	239.81	231.27	216.03
Accounts Payable	0.87	0.69	0.67	1.17	1.45
Accrued Expenses	1.95	1.08	1.19	1.69	0.58
Current Portion of Leases	1.89	1.72	1.64	0.73	1.46
Current Income Taxes Payable	0.65	0.67	0.89	2.07	0.69
Other Current Liabilities	14.58	4.27	4.84	6.78	2.11
Total Current Liabilities	19.94	8.42	9.23	12.44	6.3
Long-Term Leases	0.82	2.53	4.06	0.04	0.69
Long-Term Deferred Tax Liabilities	13.3	13.74	15.06	10.42	13.77
Other Long-Term Liabilities	5.81	5.32	4.98	4.92	3.3
Total Liabilities	39.87	30	33.34	27.82	24.06
Common Stock	133.01	133.01	133.01	133.01	133.01
Retained Earnings	26.6	37.9	39.99	46.31	32.7
Comprehensive Income & Other	30.65	31.13	33.47	24.13	26.26
Total Common Equity	190.26	202.05	206.47	203.45	191.97
Shareholders' Equity	190.26	202.05	206.47	203.45	191.97
Total Liabilities & Equity	230.13	232.04	239.81	231.27	216.03
Total Debt	2.71	4.24	5.7	0.77	2.16
Net Cash (Debt)	206.4	208.31	163.26	171.57	144.19
Net Cash Growth	-0.92%	27.59%	-4.84%	18.99%	-3.13%
Net Cash Per Share	453.88	458.08	359.02	377.28	317.10
Filing Date Shares Outstanding	0.45	0.45	0.45	0.45	0.45
Total Common Shares Outstanding	0.45	0.45	0.45	0.45	0.45
Working Capital	158.92	170.08	172.15	178.87	162.3
Book Value Per Share	418.39	444.30	454.03	447.39	422.14
Tangible Book Value	190.26	202.05	206.47	203.45	191.97
Tangible Book Value Per Share	418.39	444.30	454.03	447.39	422.14
Machinery	7.36	7.28	7.1	7.1	7.05

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.