Darwin AG 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9.88	20.66	18.45	-	-
Short-Term Investments	43.45	57.88	89.5	-	-
Cash & Short-Term Investments	53.33	78.54	107.94	-	-
Cash Growth	-	-27.23%	-	-	-
Accounts Receivable	4.61	1.6	1.62	-	-
Other Receivables	5.72	17.05	4.7	31.67	5.9
Receivables	10.33	18.65	6.31	31.67	5.9
Inventory	12.87	8.2	5.95	-	-
Prepaid Expenses	-	-	-	0	0.04
Other Current Assets	11.07	5.91	11.61	2.08	0.03
Total Current Assets	87.6	111.3	131.81	33.75	5.97
Property, Plant & Equipment	5.46	3.33	3.42	-	-
Long-Term Investments	27.95	29.11	35.91	24.12	20.69
Goodwill	6.45	3.71	4.5	-	-
Other Intangible Assets	3.51	3.45	2.45	-	-
Other Long-Term Assets	3.97	2.06	0.81	0.05	-
Total Assets	135.48	152.96	178.9	57.92	26.66
Accounts Payable	1.91	2.03	1.39	0.06	0.05
Accrued Expenses	-	1.07	0.47	-	-
Current Portion of Long-Term Debt	-	1.88	0.6	-	-
Current Income Taxes Payable	8	7.99	1.44	0.19	0.14
Other Current Liabilities	7.66	23.48	18.48	-	-
Total Current Liabilities	17.57	36.45	22.4	0.25	0.19
Long-Term Debt	6	1.34	1.68	-	-
Long-Term Unearned Revenue	1.64	0.01	-	-	-
Other Long-Term Liabilities	6.47	8.97	61.05	5.87	0.09
Total Liabilities	31.68	46.77	85.13	6.12	0.28
Common Stock	12	3	3	3	3
Retained Earnings	82.65	102.83	90.76	31.1	5.68
Comprehensive Income & Other	8.69	0	0.11	17.7	17.7
Total Common Equity	103.35	105.83	93.88	51.8	26.38
Minority Interest	0.45	0.36	-0.1	-	-
Shareholders' Equity	103.8	106.19	93.77	51.8	26.38
Total Liabilities & Equity	135.48	152.96	178.9	57.92	26.66
Total Debt	6	3.22	2.28	-	-
Net Cash (Debt)	47.33	75.33	105.66	-	-
Net Cash Growth	-	-28.71%	-	-	-
Net Cash Per Share	3.94	6.28	-	-	-
Filing Date Shares Outstanding	12	12	-	-	-
Total Common Shares Outstanding	12	12	-	-	-
Working Capital	70.03	74.85	109.42	33.5	5.78
Book Value Per Share	8.61	8.82	-	-	-
Tangible Book Value	93.39	98.67	86.93	51.8	26.38
Tangible Book Value Per Share	7.78	8.22	-	-	-
Machinery	-	9.99	9.2	-	-

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