Subgen AI AB 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	2.36	1.49	4.52
Short-Term Investments	1.78	0.07	0.02
Cash & Short-Term Investments	4.14	1.56	4.53
Cash Growth	-	-65.57%	-
Accounts Receivable	4.51	3.89	4.27
Other Receivables	0.34	0.38	0.09
Receivables	4.85	5.1	4.37
Inventory	1.23	0.76	0.78
Prepaid Expenses	0.95	0.22	0.03
Total Current Assets	11.17	7.64	9.72
Property, Plant & Equipment	1.15	1.4	0.79
Long-Term Investments	4.21	2.1	0.77
Goodwill	20.92	20.38	20.81
Other Intangible Assets	20.93	18.66	10.98
Long-Term Deferred Tax Assets	1.34	1.25	1.97
Total Assets	59.71	52.76	45.26
Accounts Payable	2.44	1.85	2.62
Accrued Expenses	2.94	3.43	2.37
Short-Term Debt	-	-	0.01
Current Portion of Long-Term Debt	10.27	8.45	6.91
Current Portion of Leases	0.11	0.16	0.12
Current Income Taxes Payable	1.02	0.62	0.05
Other Current Liabilities	2.29	2.17	1.07
Total Current Liabilities	19.08	16.68	13.14
Long-Term Debt	5.01	3.06	5.54
Long-Term Leases	0.4	0.51	0.46
Long-Term Unearned Revenue	0.59	0.67	0.55
Long-Term Deferred Tax Liabilities	1.65	1.77	1.8
Other Long-Term Liabilities	0.12	0	0
Total Liabilities	26.85	22.69	21.51
Common Stock	-	-	7.34
Additional Paid-In Capital	-	-	45.16
Retained Earnings	0.7	0.34	-25.3
Treasury Stock	-	-	-1.84
Comprehensive Income & Other	1.39	-1.17	-2.53
Total Common Equity	2.09	-0.82	22.82
Minority Interest	30.77	30.89	0.93
Shareholders' Equity	32.86	30.07	23.75
Total Liabilities & Equity	59.71	52.76	45.26
Total Debt	15.8	12.17	13.03
Net Cash (Debt)	-11.66	-10.61	-8.5
Net Cash Per Share	-	-0.09	-0.27
Filing Date Shares Outstanding	-	150	31.68
Total Common Shares Outstanding	-	150	31.68
Working Capital	-7.91	-9.05	-3.43
Book Value Per Share	-	-0.01	0.72
Tangible Book Value	-39.75	-39.86	-8.97
Tangible Book Value Per Share	-	-0.27	-0.28
Buildings	-	0.01	0.01
Machinery	-	1.18	0.45
Construction In Progress	-	0.05	-

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