AudioCodes 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	48.93	58.75	30.55	24.54	79.42	40.93
Short-Term Investments	25.04	3.64	7.65	22.59	0.89	79.36
Cash & Short-Term Investments	73.96	62.39	38.2	47.12	80.31	120.29
Cash Growth	54.19%	63.33%	-18.94%	-41.33%	-33.23%	81.74%
Accounts Receivable	68.47	56.02	51.13	56.42	48.96	34.52
Other Receivables	19.48	12.32	8.84	9.18	7.75	6.48
Receivables	87.95	68.34	59.96	65.6	56.71	41
Inventory	24.1	31.46	43.96	36.38	23.99	29.19
Restricted Cash	-	-	-	-	5.1	5.1
Other Current Assets	-	0.69	0.54	0.83	1.45	8.06
Total Current Assets	186.01	162.88	142.66	149.93	167.55	203.64
Property, Plant & Equipment	59.68	59.86	47.61	17.48	20.85	30.02
Long-Term Investments	5.71	31.53	68.46	77.19	89.4	54.99
Goodwill	-	37.56	37.56	37.56	37.56	36.22
Other Intangible Assets	37.65	0.49	1.02	1.57	2.37	0.57
Long-Term Accounts Receivable	13.67	15.75	16.8	13.1	-	-
Long-Term Deferred Tax Assets	8.84	9.84	6.21	9.07	8.91	12.08
Other Long-Term Assets	20.24	18	17.2	17.93	22.72	20.6
Total Assets	331.8	335.9	337.52	323.83	349.36	358.12
Accounts Payable	10.18	7.54	7.56	11.34	7.86	6.98
Accrued Expenses	-	24.14	27.33	30.32	34.57	25.56
Current Portion of Long-Term Debt	-	-	-	-	-	1.2
Current Portion of Leases	6.39	5.95	7.88	8.17	8.14	9.18
Current Unearned Revenue	44.79	38.44	38.82	36.63	41.59	37.18
Other Current Liabilities	27.77	1.69	2.62	8	3.78	14.66
Total Current Liabilities	89.13	77.76	84.2	94.46	95.94	94.76
Long-Term Leases	31	30.51	31.4	5.55	11.39	19.44
Long-Term Unearned Revenue	20.02	19.06	16.91	15.95	13.64	12.24
Other Long-Term Liabilities	17.91	16.76	16.89	18.11	22.9	21.83
Total Liabilities	158.06	144.09	149.41	134.07	143.87	148.27
Common Stock	173.74	0.11	0.11	0.11	0.11	0.11
Additional Paid-In Capital	-	415.72	407.12	394.94	378.77	362.16
Retained Earnings	-	25.2	20.79	23.41	6.49	-16.39
Treasury Stock	-	-250.33	-236	-217.74	-179.65	-137.79
Comprehensive Income & Other	-	1.11	-3.91	-10.95	-0.22	1.77
Shareholders' Equity	173.74	191.81	188.11	189.76	205.5	209.86
Total Liabilities & Equity	331.8	335.9	337.52	323.83	349.36	358.12
Total Debt	37.4	36.46	39.28	13.72	19.53	29.81
Net Cash (Debt)	39.02	54.44	64.65	109.35	150.09	145.37
Net Cash Growth	-19.83%	-15.79%	-40.88%	-27.14%	3.25%	371.37%
Net Cash Per Share	1.32	1.78	2.05	3.36	4.43	4.42
Filing Date Shares Outstanding	28.17	29.47	30.32	31.8	31.9	32.77
Total Common Shares Outstanding	28.17	29.68	30.51	31.69	32.5	33.02
Working Capital	96.88	85.12	58.46	55.47	71.61	108.88
Book Value Per Share	6.17	6.46	6.17	5.99	6.32	6.36
Tangible Book Value	136.09	153.77	149.53	150.63	165.57	173.06
Tangible Book Value Per Share	4.83	5.18	4.90	4.75	5.09	5.24
Machinery	-	20.01	22.67	38.7	37.14	35.62
Leasehold Improvements	-	22.04	8.75	3.38	3.18	3.21

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