Ceragon Networks 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	42.99	35.31	28.24	22.95	17.08	27.1
Cash & Short-Term Investments	42.99	35.31	28.24	22.95	17.08	27.1
Cash Growth	26.38%	25.05%	23.05%	34.36%	-36.98%	13.21%
Accounts Receivable	111.95	149.62	104.32	100.03	107.83	107.39
Other Receivables	22.13	5.36	6.26	7.87	9.02	5.73
Receivables	134.09	154.97	110.58	107.9	116.85	113.11
Inventory	58.42	59.69	68.81	72.01	61.4	50.63
Prepaid Expenses	-	1.37	1.44	0.92	0.56	0.62
Other Current Assets	-	9.69	8.87	6.97	7.6	8.41
Total Current Assets	235.49	261.04	217.94	210.75	203.48	199.87
Property, Plant & Equipment	55.9	53.47	49.5	47.42	49.62	38.53
Goodwill	11.05	7.75	7.75	-	-	-
Other Intangible Assets	22.66	16.79	16.4	8.21	6.27	6.12
Long-Term Accounts Receivable	-	-	-	-	10.48	-
Long-Term Deferred Tax Assets	-	-	-	-	-	8.28
Other Long-Term Assets	1.82	5.95	6.94	22.95	22.71	19.62
Total Assets	326.92	345	298.53	289.32	292.56	272.42
Accounts Payable	69.64	91.16	67.03	67.38	69.44	63.72
Accrued Expenses	-	21.92	18.93	14.24	16.43	17.11
Short-Term Debt	31	25.2	32.6	37.5	14.8	5.98
Current Portion of Leases	3.73	2.97	3.89	3.75	4.36	3.18
Current Unearned Revenue	1.91	2.57	5.51	3.34	3.38	3.49
Other Current Liabilities	23.53	7.63	4.99	6.63	7.28	6.94
Total Current Liabilities	129.8	151.45	132.95	132.84	115.68	100.42
Long-Term Leases	12.88	12.94	13.72	13.19	17.21	3.84
Long-Term Unearned Revenue	-	-	0.67	11.55	9.28	7.5
Other Long-Term Liabilities	12.12	14.29	17.17	11.97	13.24	14.53
Total Liabilities	154.81	178.67	164.51	169.54	155.41	126.29
Common Stock	0.23	0.23	0.22	0.22	0.22	0.22
Additional Paid-In Capital	453.58	447.37	437.16	432.21	428.24	420.96
Retained Earnings	-253.34	-251.13	-275.19	-281.41	-261.72	-246.89
Treasury Stock	-20.09	-20.09	-20.09	-20.09	-20.09	-20.09
Comprehensive Income & Other	-8.26	-10.06	-8.09	-11.16	-9.51	-8.07
Shareholders' Equity	172.11	166.33	134.02	119.78	137.15	146.13
Total Liabilities & Equity	326.92	345	298.53	289.32	292.56	272.42
Total Debt	47.61	41.11	50.21	54.43	36.37	13
Net Cash (Debt)	-4.63	-5.8	-21.97	-31.48	-19.29	14.1
Net Cash Per Share	-0.05	-0.07	-0.26	-0.37	-0.23	0.17
Filing Date Shares Outstanding	90.3	88.84	85.56	84.36	84	83.3
Total Common Shares Outstanding	90.3	88.39	85.42	84.35	83.93	81.7
Working Capital	105.69	109.59	84.99	77.91	87.8	99.45
Book Value Per Share	1.91	1.88	1.57	1.42	1.63	1.79
Tangible Book Value	138.41	141.79	109.87	111.58	130.88	140.01
Tangible Book Value Per Share	1.53	1.60	1.29	1.32	1.56	1.71
Machinery	-	175.56	160.28	145.89	135.81	127.06
Leasehold Improvements	-	2.58	1.95	1.69	1.46	1.56

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