Valbiotis Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	11.58	25.02	20.83	21.82
Cash & Short-Term Investments	11.58	25.02	20.83	21.82
Cash Growth	-53.71%	20.11%	-4.54%	49.60%
Accounts Receivable	0.1	0.29	0.24	0.08
Other Receivables	2.59	3.95	2.54	2.73
Receivables	2.69	4.24	2.78	2.81
Inventory	2.11	1.01	0.53	0.42
Prepaid Expenses	0.25	0.38	-	-
Other Current Assets	0.24	-	0.16	0.15
Total Current Assets	16.87	30.65	24.3	25.19
Property, Plant & Equipment	1.47	1.41	1.82	2.22
Long-Term Investments	0.02	0.17	0.15	-
Other Intangible Assets	1.11	1.08	0.94	0.96
Long-Term Deferred Tax Assets	-	0	0	-
Other Long-Term Assets	0.14	-	0	0.17
Total Assets	19.61	33.31	27.22	28.54
Accounts Payable	1.5	1.87	1.57	1.46
Accrued Expenses	1.87	1.29	1.09	0.73
Current Portion of Long-Term Debt	1.63	1.61	1.14	1.03
Current Portion of Leases	0.55	0.5	0.45	0.43
Current Unearned Revenue	0	3.51	3.86	4.29
Other Current Liabilities	-0	0	-	-
Total Current Liabilities	5.55	8.77	8.11	7.94
Long-Term Debt	2.52	3.9	4.35	4.6
Long-Term Leases	1.02	0.88	1.23	1.53
Pension & Post-Retirement Benefits	0.15	0.16	0.14	0.14
Other Long-Term Liabilities	-	-	0.02	0.04
Total Liabilities	9.24	13.71	13.86	14.25
Common Stock	1.58	1.58	1.24	0.97
Additional Paid-In Capital	1.25	18.23	37.1	32.33
Retained Earnings	-10.03	-7.37	-12.31	-8.68
Comprehensive Income & Other	17.56	7.16	-12.67	-10.33
Shareholders' Equity	10.37	19.6	13.36	14.3
Total Liabilities & Equity	19.61	33.31	27.22	28.54
Total Debt	5.72	6.88	7.18	7.59
Net Cash (Debt)	5.86	18.14	13.65	14.23
Net Cash Growth	-67.69%	32.88%	-4.05%	87.89%
Net Cash Per Share	0.37	1.46	1.35	1.55
Filing Date Shares Outstanding	15.77	15.77	12.41	9.72
Total Common Shares Outstanding	15.77	15.77	12.41	9.72
Working Capital	11.33	21.88	16.19	17.26
Book Value Per Share	0.66	1.24	1.08	1.47
Tangible Book Value	9.26	18.52	12.41	13.34
Tangible Book Value Per Share	0.59	1.17	1.00	1.37
Machinery	-	0.79	0.78	0.79

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