Recticel Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	102.19	132.72	191.39	39.78	118.37	79.26
Short-Term Investments	-	-	-	-	-	0.17
Cash & Short-Term Investments	102.19	132.72	191.39	39.78	118.37	79.43
Cash Growth	-11.14%	-30.66%	381.10%	-66.39%	49.03%	63.31%
Accounts Receivable	133.27	101.93	78.14	67.72	141.6	102.73
Other Receivables	17.17	6.76	18.19	30.49	9.18	7.66
Receivables	150.44	111.31	99	99.69	155.15	150.61
Inventory	63.95	55.08	43.69	57.35	112.9	90.83
Prepaid Expenses	-	4.2	2	2.8	3.9	6.3
Other Current Assets	-	3.5	3.82	546.84	144.55	6.5
Total Current Assets	316.57	306.8	339.91	746.45	534.86	333.67
Property, Plant & Equipment	195.9	200.67	148.46	139.23	376.01	248.38
Long-Term Investments	-	0.5	0.5	10.02	23.68	23.92
Goodwill	76.47	110.29	92.2	95.89	29.64	24.87
Other Intangible Assets	73.77	42.72	40.3	44.68	19.03	14.08
Long-Term Deferred Tax Assets	27.66	27.4	21.55	23.51	46.85	25.3
Other Long-Term Assets	2.2	1.32	3	3.8	14.1	16.78
Total Assets	692.57	701.67	659.95	1,075	1,056	698.76
Accounts Payable	103.09	87.84	70.07	75.64	120.25	88.92
Accrued Expenses	-	25.8	28.65	24.31	59.04	54.84
Short-Term Debt	0.13	0.07	0.01	88	50.77	1.55
Current Portion of Long-Term Debt	3.45	3.89	1.31	1.98	1.61	1.71
Current Portion of Leases	6.82	8.15	5.1	3.84	6.69	11.14
Current Income Taxes Payable	1.85	1.52	1.78	4.44	4.47	1.05
Current Unearned Revenue	15.1	10.63	9.39	8.76	12.54	19.62
Other Current Liabilities	35.48	6.58	14.96	171.08	103.19	31.19
Total Current Liabilities	165.93	144.49	131.26	378.04	358.55	210.03
Long-Term Debt	22.2	24.34	10.02	181.63	164.78	14.7
Long-Term Leases	19.2	21.88	13.06	15.13	43.72	55.73
Pension & Post-Retirement Benefits	11.49	11	12.41	13.21	39.14	52.34
Long-Term Deferred Tax Liabilities	24.1	25.38	23.09	21.7	36.23	12.17
Other Long-Term Liabilities	23.35	29.45	32.13	19.01	22.02	19.01
Total Liabilities	266.27	256.54	221.97	628.72	664.43	363.98
Common Stock	141.7	141.52	140.58	140.52	139.91	139.36
Additional Paid-In Capital	136	135.7	133.73	133.6	132.09	131.27
Retained Earnings	144.65	162.49	160.97	124.23	112.4	98.76
Treasury Stock	-1.45	-1.45	-1.45	-1.45	-1.45	-1.45
Comprehensive Income & Other	3.86	5.35	2.45	47.41	6.83	-33.86
Total Common Equity	424.77	443.6	436.28	444.31	389.78	334.08
Minority Interest	1.53	1.53	1.71	1.85	1.52	0.71
Shareholders' Equity	426.3	445.13	437.99	446.16	391.31	334.78
Total Liabilities & Equity	692.57	701.67	659.95	1,075	1,056	698.76
Total Debt	51.8	58.33	29.5	290.59	267.57	84.83
Net Cash (Debt)	50.38	74.38	161.9	-250.81	-149.2	-5.4
Net Cash Growth	-13.26%	-54.05%	-	-	-	-
Net Cash Per Share	0.89	1.32	2.86	-4.42	-2.65	-0.10
Filing Date Shares Outstanding	56.35	56.28	55.9	55.88	55.73	55.42
Total Common Shares Outstanding	56.35	56.28	55.9	55.88	55.64	55.42
Working Capital	150.64	162.31	208.65	368.41	176.31	123.63
Book Value Per Share	7.54	7.88	7.80	7.95	7.01	6.03
Tangible Book Value	274.54	290.59	303.78	303.73	341.12	295.13
Tangible Book Value Per Share	4.87	5.16	5.43	5.44	6.13	5.33
Land	-	-	-	-	298.93	194.3
Machinery	-	-	-	-	484.46	348.3
Construction In Progress	-	-	-	-	15.69	15.51

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