Onward Medical Balance Sheet

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

Millions EUR. 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	68.11	60.04	29.77	41.76	89.44
Short-Term Investments	-	-	-	20	-
Cash & Short-Term Investments	68.11	60.04	29.77	61.76	89.44
Cash Growth	13.44%	101.70%	-51.80%	-30.95%	1301.49%
Accounts Receivable	1.2	0.16	-	-	-
Other Receivables	1.72	0.88	0.41	1.23	1.3
Receivables	2.92	1.04	0.41	1.23	1.3
Inventory	0.8	0.1	-	-	-
Other Current Assets	2.25	2.44	1.24	1.19	1.64
Total Current Assets	74.08	63.62	31.42	64.18	92.39
Property, Plant & Equipment	1.09	1.53	2.09	2.1	2.38
Goodwill	1.74	1.96	1.85	1.9	1.7
Other Intangible Assets	7	8.46	7.96	8.26	8.33
Long-Term Deferred Tax Assets	0.66	0.57	0.31	0.16	-
Total Assets	84.55	76.14	43.63	76.59	104.8
Accounts Payable	3.08	1.27	1.37	1.91	0.95
Accrued Expenses	4	3.24	1.73	2.32	1.9
Current Portion of Leases	0.54	0.6	0.57	0.43	0.47
Current Income Taxes Payable	0.18	0.2	0.22	0.22	0.08
Current Unearned Revenue	1	1.8	1.83	1.33	-
Other Current Liabilities	2.31	2.19	0.96	2.02	2.14
Total Current Liabilities	11.1	9.29	6.68	8.22	5.54
Long-Term Debt	13.07	13.97	15.26	12.66	11.45
Long-Term Leases	0.05	0.52	1.05	1.29	1.74
Pension & Post-Retirement Benefits	4.66	4	2.08	1.12	1.39
Long-Term Deferred Tax Liabilities	0.35	0.3	0.63	0.67	1.99
Total Liabilities	29.24	28.08	25.7	23.96	22.11
Common Stock	6.72	5.36	3.62	3.62	3.62
Additional Paid-In Capital	264.35	217.77	155.25	155.25	155.25
Retained Earnings	-222.56	-181.85	-145.43	-108.32	-75.97
Comprehensive Income & Other	6.8	6.77	4.49	2.08	-0.21
Total Common Equity	55.32	48.05	17.93	52.63	82.68
Shareholders' Equity	55.32	48.05	17.93	52.63	82.68
Total Liabilities & Equity	84.55	76.14	43.63	76.59	104.8
Total Debt	13.67	15.09	16.87	14.38	13.67
Net Cash (Debt)	54.45	44.96	12.89	47.38	75.78
Net Cash Growth	21.11%	248.66%	-72.79%	-37.47%	-
Net Cash Per Share	1.17	1.01	0.43	1.57	7.99
Filing Date Shares Outstanding	56.01	44.63	30.18	30.18	30.18
Total Common Shares Outstanding	56.01	44.63	30.18	30.18	30.18
Working Capital	62.98	54.33	24.74	55.96	86.85
Book Value Per Share	0.99	1.08	0.59	1.74	2.74
Tangible Book Value	46.58	37.63	8.13	42.47	72.65
Tangible Book Value Per Share	0.83	0.84	0.27	1.41	2.41
Machinery	1.9	1.47	1.28	0.92	0.8
Leasehold Improvements	0.35	0.35	0.34	0.27	-

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