Lifeway Foods 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	22.99	16.73	13.2	4.44	9.23	7.93
Cash & Short-Term Investments	22.99	16.73	13.2	4.44	9.23	7.93
Cash Growth	11.83%	26.75%	196.99%	-51.87%	16.49%	106.62%
Accounts Receivable	17.42	15.42	13.88	11.41	9.93	8
Other Receivables	0.13	0.63	-	0.04	0.34	0.03
Receivables	17.56	16.06	13.88	11.46	10.27	8.03
Inventory	11.06	8.68	9.1	9.63	8.29	6.93
Prepaid Expenses	2.02	2.14	2.02	1.45	1.25	1.16
Total Current Assets	53.81	43.61	38.2	26.98	29.05	24.05
Property, Plant & Equipment	36.78	26.98	22.96	21.08	20.35	21.39
Long-Term Investments	-	1.8	1.8	1.8	1.8	1.8
Goodwill	11.7	11.7	11.7	11.7	11.7	10.3
Other Intangible Assets	5.95	6.36	6.9	7.44	7.98	3.7
Other Long-Term Assets	1.28	0.1	0.1	-	-	-
Total Assets	109.53	90.55	81.65	69	70.87	61.25
Accounts Payable	17.5	10.4	9.98	7.98	6.61	5.59
Accrued Expenses	5.84	5.06	4.84	3.74	3.59	2.02
Current Portion of Long-Term Debt	-	-	1.25	1.25	1	-
Current Portion of Leases	0.07	0.05	0.07	0.07	0.13	0.18
Current Income Taxes Payable	-	-	0.47	-	0.73	0.65
Total Current Liabilities	23.41	15.5	16.62	13.04	12.06	8.44
Long-Term Debt	-	-	1.48	5.25	6.25	2.77
Long-Term Leases	0.29	0.07	0.12	0.1	0.09	0.17
Long-Term Deferred Tax Liabilities	3.06	3.06	3	3.03	3.2	2.94
Other Long-Term Liabilities	-	-	-	-	0.15	0.08
Total Liabilities	26.76	18.64	21.22	21.43	21.74	14.4
Common Stock	6.51	6.51	6.51	6.51	6.51	6.51
Additional Paid-In Capital	3.35	4.63	4.83	3.62	2.55	2.6
Retained Earnings	86.14	74.82	65.8	54.43	53.51	50.2
Treasury Stock	-13.23	-14.05	-16.7	-16.99	-13.44	-12.45
Shareholders' Equity	82.76	71.91	60.44	47.57	49.13	46.85
Total Liabilities & Equity	109.53	90.55	81.65	69	70.87	61.25
Total Debt	0.36	0.12	2.93	6.68	7.46	3.11
Net Cash (Debt)	22.63	16.61	10.27	-2.23	1.77	4.81
Net Cash Growth	10.82%	61.70%	-	-	-63.23%	1413.84%
Net Cash Per Share	1.50	1.11	0.68	-0.14	0.11	0.31
Filing Date Shares Outstanding	15.23	15.2	14.69	14.64	15.47	15.6
Total Common Shares Outstanding	15.23	15.1	14.69	14.65	15.44	15.6
Working Capital	30.4	28.1	21.58	13.94	16.98	15.61
Book Value Per Share	5.43	4.76	4.11	3.25	3.18	3.00
Tangible Book Value	65.11	53.85	41.83	28.43	29.45	32.85
Tangible Book Value Per Share	4.28	3.57	2.85	1.94	1.91	2.11
Land	1.57	1.57	1.57	1.57	1.57	1.57
Buildings	24.42	23.52	21.66	19.34	17.92	17.83
Machinery	44.1	39.42	35.35	34.41	33.61	33.34
Construction In Progress	7.75	2.16	2.15	1.18	0.42	0.23

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