CombinedX AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	104.4	132.6	117.3	121	108.2
Cash & Short-Term Investments	104.4	132.6	117.3	121	108.2
Cash Growth	-21.27%	13.04%	-3.06%	11.83%	52.39%
Accounts Receivable	136.1	145.1	149.8	143.4	105.5
Other Receivables	11.7	9.2	16.1	7.8	11.3
Receivables	147.8	154.3	165.9	151.2	116.8
Inventory	-	0.2	2.8	-	-
Prepaid Expenses	17.8	10.4	8.3	7.4	3.7
Other Current Assets	-	2.3	2	3.7	5.1
Total Current Assets	270	299.8	296.3	283.3	233.8
Property, Plant & Equipment	68.8	78.6	51	52.3	27
Long-Term Investments	8.4	7.6	7.5	7.3	2.9
Goodwill	390.8	257	193.9	169.4	105
Other Intangible Assets	137.5	96	81.7	83.2	56.5
Long-Term Deferred Tax Assets	0.9	1	0.9	0.8	0.8
Long-Term Deferred Charges	2.3	2	1.9	0.6	0.5
Other Long-Term Assets	0.9	0.1	0.1	0.4	1
Total Assets	879.6	742.1	633.3	597.3	427.5
Accounts Payable	27.5	32	26	41.6	31.4
Accrued Expenses	108.8	108.9	83.9	77.2	66.4
Current Portion of Long-Term Debt	55.4	21.6	23.3	29.2	13.2
Current Portion of Leases	23.1	26.4	19.2	19.5	13.6
Current Income Taxes Payable	-	-	-	-	5.7
Current Unearned Revenue	2.3	8.3	14.4	6.5	7.3
Other Current Liabilities	45.6	23.4	20.4	20.5	19.2
Total Current Liabilities	262.7	220.6	187.2	194.5	156.8
Long-Term Debt	41.5	37.1	21	36.5	17.5
Long-Term Leases	31.3	41.6	25.1	27.9	11.1
Long-Term Deferred Tax Liabilities	25.6	18.3	19.9	20	15.2
Other Long-Term Liabilities	39.9	-	4.2	0.1	-
Total Liabilities	401	317.6	257.4	279	200.6
Common Stock	478.6	0.9	0.9	0.8	0.7
Additional Paid-In Capital	-	295	265.3	260.3	179.9
Retained Earnings	-	128.1	109.8	57.2	46.2
Comprehensive Income & Other	-	-	-0.1	-	0.1
Total Common Equity	478.6	424	375.9	318.3	226.9
Minority Interest	-	0.5	-	-	-
Shareholders' Equity	478.6	424.5	375.9	318.3	226.9
Total Liabilities & Equity	879.6	742.1	633.3	597.3	427.5
Total Debt	151.3	126.7	88.6	113.1	55.4
Net Cash (Debt)	-46.9	5.9	28.7	7.9	52.8
Net Cash Growth	-	-79.44%	263.29%	-85.04%	-
Net Cash Per Share	-2.48	0.33	1.65	0.47	3.83
Filing Date Shares Outstanding	19.48	18.2	17.11	16.93	16.88
Total Common Shares Outstanding	19.48	18.2	17.11	16.93	14.89
Working Capital	7.3	79.2	109.1	88.8	77
Book Value Per Share	24.57	23.30	21.97	18.80	15.24
Tangible Book Value	-49.7	71	100.3	65.7	65.4
Tangible Book Value Per Share	-2.55	3.90	5.86	3.88	4.39
Machinery	-	30.7	23.3	24.1	20.2

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