Bicicletas Monark Balance Sheet

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

Millions BRL. 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	164.77	161.88	164.6	168.96	172.34	146.35
Cash & Short-Term Investments	164.77	161.88	164.6	168.96	172.34	146.35
Cash Growth	-1.70%	-1.65%	-2.58%	-1.96%	17.76%	-4.60%
Accounts Receivable	2.43	3.38	3.46	4.56	4.17	5.35
Other Receivables	5.22	5.23	3.26	1.87	6.9	1.88
Receivables	7.64	8.61	6.71	6.43	11.08	7.22
Inventory	9.06	8.37	7.19	5.99	7.9	15.01
Total Current Assets	181.46	178.86	178.49	181.38	191.31	168.59
Property, Plant & Equipment	2.78	3.25	4.78	6.16	1.23	2.42
Long-Term Investments	66.42	47.23	47.96	51.5	37.35	40.58
Long-Term Deferred Tax Assets	-	-	-	-	-	1.69
Other Long-Term Assets	0.86	0.8	0.81	0.77	1.38	2.75
Total Assets	251.52	230.13	232.04	239.81	231.27	216.03
Accounts Payable	0.78	0.87	0.69	0.67	1.17	1.45
Accrued Expenses	1.71	1.95	1.08	1.19	1.69	0.58
Current Portion of Leases	1.9	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	14.5	14.58	4.27	4.84	6.78	2.11
Total Current Liabilities	18.89	19.94	8.42	9.23	12.44	6.3
Long-Term Leases	0.34	0.82	2.53	4.06	0.04	0.69
Long-Term Deferred Tax Liabilities	19.83	13.3	13.74	15.06	10.42	13.77
Other Long-Term Liabilities	5.81	5.81	5.32	4.98	4.92	3.3
Total Liabilities	44.86	39.87	30	33.34	27.82	24.06
Common Stock	133.01	133.01	133.01	133.01	133.01	133.01
Retained Earnings	26.6	26.6	37.9	39.99	46.31	32.7
Comprehensive Income & Other	47.05	30.65	31.13	33.47	24.13	26.26
Total Common Equity	206.66	190.26	202.05	206.47	203.45	191.97
Shareholders' Equity	206.66	190.26	202.05	206.47	203.45	191.97
Total Liabilities & Equity	251.52	230.13	232.04	239.81	231.27	216.03
Total Debt	2.24	2.71	4.24	5.7	0.77	2.16
Net Cash (Debt)	162.53	206.4	208.31	163.26	171.57	144.19
Net Cash Growth	-0.78%	-0.92%	27.59%	-4.84%	18.99%	-3.13%
Net Cash Per Share	357.39	453.88	458.08	359.02	377.28	317.10
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	162.57	158.92	170.08	172.15	178.87	162.3
Book Value Per Share	454.39	418.39	444.30	454.03	447.39	422.14
Tangible Book Value	206.66	190.26	202.05	206.47	203.45	191.97
Tangible Book Value Per Share	454.39	418.39	444.30	454.03	447.39	422.14
Machinery	-	7.36	7.28	7.1	7.1	7.05

Source: S&P Global Market Intelligence. Standard template. Financial Sources.