Adcore Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	5.21	7.5	6.11	6.53	11.06	8.76
Cash & Short-Term Investments	5.21	7.5	6.11	6.53	11.06	8.76
Cash Growth	4.87%	22.86%	-6.42%	-40.99%	26.18%	136.20%
Accounts Receivable	4.01	4.56	4.62	4.63	2.91	1.78
Other Receivables	0.29	0.43	0.42	0.32	0.62	0.07
Receivables	4.29	4.99	5.03	4.95	3.53	1.84
Total Current Assets	9.51	12.49	11.14	11.47	14.59	10.6
Property, Plant & Equipment	0.81	0.91	0.2	0.44	0.69	0.39
Other Intangible Assets	3.03	2.87	3.09	2.63	1.98	1.67
Other Long-Term Assets	-	-	-	-	0.03	0.07
Total Assets	13.35	16.27	14.43	14.54	17.28	12.74
Accounts Payable	3.78	5.67	3.77	3.57	3.5	2.88
Accrued Expenses	-	1.26	1.08	0.57	0.47	0.46
Current Portion of Leases	0.15	0.14	-	0.19	0.22	0.11
Current Unearned Revenue	-	-	-	-	-	1
Other Current Liabilities	1.38	0.37	0.56	0.32	0.2	0.35
Total Current Liabilities	5.31	7.44	5.4	4.64	4.39	4.79
Long-Term Debt	-	-	-	-	-	0.19
Long-Term Leases	0.37	0.47	-	-	0.21	0.1
Pension & Post-Retirement Benefits	0.01	0.01	0.01	0.01	0.02	0.05
Long-Term Deferred Tax Liabilities	-	-	0.14	0.16	0.26	0.08
Other Long-Term Liabilities	-	-	-	-	0.2	0.65
Total Liabilities	5.69	7.91	5.56	4.81	5.09	5.85
Additional Paid-In Capital	11.02	10.96	10.91	10.73	10.36	4.77
Retained Earnings	-2.57	-1.8	-1.26	-0.32	1.92	2.2
Treasury Stock	-0.72	-0.72	-0.7	-0.61	-	-
Comprehensive Income & Other	-0.07	-0.07	-0.07	-0.07	-0.08	-0.08
Shareholders' Equity	7.66	8.36	8.87	9.73	12.2	6.89
Total Liabilities & Equity	13.35	16.27	14.43	14.54	17.28	12.74
Total Debt	0.53	0.6	-	0.19	0.43	0.39
Net Cash (Debt)	4.69	6.9	6.11	6.34	10.62	8.37
Net Cash Growth	7.92%	12.97%	-3.65%	-40.35%	26.92%	138.26%
Net Cash Per Share	0.08	0.11	0.10	0.10	0.17	0.14
Filing Date Shares Outstanding	60.73	60.53	60.29	60.44	63.48	59.31
Total Common Shares Outstanding	60.73	60.5	60.18	60.44	63.48	56.33
Working Capital	4.2	5.05	5.73	6.83	10.19	5.81
Book Value Per Share	0.13	0.14	0.15	0.16	0.19	0.12
Tangible Book Value	4.63	5.49	5.78	7.1	10.22	5.22
Tangible Book Value Per Share	0.08	0.09	0.10	0.12	0.16	0.09
Machinery	-	0.83	0.62	0.6	0.54	0.43

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