UFP Technologies 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	18.23	13.45	5.26	4.45	11.12	24.23
Cash & Short-Term Investments	18.23	13.45	5.26	4.45	11.12	24.23
Cash Growth	11.43%	155.56%	18.24%	-59.96%	-54.13%	547.45%
Accounts Receivable	85.18	84.68	64.45	55.12	39.38	26.43
Other Receivables	1.82	4.98	1.3	-	-	-
Receivables	86.99	89.66	65.75	55.12	39.38	26.43
Inventory	86.15	87.54	70.19	53.54	33.44	18.64
Prepaid Expenses	6.6	4.3	3.43	3.24	3.38	2.56
Total Current Assets	197.97	194.95	144.63	116.35	87.32	71.86
Property, Plant & Equipment	96.47	86.71	75.73	71.23	65.89	55.91
Long-Term Investments	6.94	6.81	-	-	-	-
Goodwill	197.3	189.66	113.26	113.03	107.91	51.84
Other Intangible Assets	143.26	144.25	64.12	68.36	67.59	19.72
Long-Term Deferred Tax Assets	0.07	-	0.61	1.45	-	-
Other Long-Term Assets	10.81	6.62	5.79	7.78	5.43	3.88
Total Assets	652.82	629	404.14	378.19	334.13	203.2
Accounts Payable	29.44	24.27	22.29	19.96	10.61	4.12
Accrued Expenses	30.28	30.41	22.09	23.12	16.78	7.94
Current Portion of Long-Term Debt	12.5	12.5	4	4	4	-
Current Portion of Leases	4.95	4.23	3.22	2.52	2.24	1.17
Current Income Taxes Payable	0.22	0.22	-	1.68	0.91	0.02
Current Unearned Revenue	4.83	4.67	6.62	4.68	4.25	1.89
Total Current Liabilities	82.23	76.3	58.21	55.96	38.78	15.14
Long-Term Debt	133.62	176.88	28	51	71.18	0.47
Long-Term Leases	14.44	12.43	10.82	10.85	7.12	1.04
Long-Term Deferred Tax Liabilities	7.57	3.3	0.43	0.45	3.26	5.06
Other Long-Term Liabilities	11.06	17.34	20.59	22.39	19.35	4.62
Total Liabilities	248.91	286.24	118.05	140.65	139.69	26.31
Common Stock	0.08	0.08	0.08	0.08	0.08	0.08
Additional Paid-In Capital	43.67	40.93	38.81	36.07	34.15	32.48
Retained Earnings	357.25	306.5	247.52	202.6	160.81	144.92
Treasury Stock	-0.59	-0.59	-0.59	-0.59	-0.59	-0.59
Comprehensive Income & Other	3.51	-4.17	0.27	-0.61	-	-
Shareholders' Equity	403.91	342.76	286.09	237.55	194.45	176.89
Total Liabilities & Equity	652.82	629	404.14	378.19	334.13	203.2
Total Debt	165.51	206.03	46.04	68.37	84.53	2.67
Net Cash (Debt)	-147.28	-192.58	-40.77	-63.92	-73.42	21.56
Net Cash Growth	-	-	-	-	-	6474.39%
Net Cash Per Share	-18.88	-24.74	-5.29	-8.34	-9.64	2.85
Filing Date Shares Outstanding	7.71	7.68	7.64	7.61	7.56	7.52
Total Common Shares Outstanding	7.71	7.68	7.64	7.58	7.54	7.5
Working Capital	115.75	118.65	86.42	60.39	48.54	56.73
Book Value Per Share	52.37	44.65	37.45	31.33	25.81	23.59
Tangible Book Value	63.35	8.85	108.71	56.16	18.96	105.34
Tangible Book Value Per Share	8.21	1.15	14.23	7.41	2.52	14.04
Land	5.9	5.76	4.85	4.81	3.19	3.19
Buildings	38.28	37.9	34.74	34.45	36.23	36.02
Machinery	83.4	73.56	64.67	58.63	79.02	74.02
Construction In Progress	9.08	6.51	6.85	7.27	3.54	2.01
Leasehold Improvements	12.31	11.22	8.23	5.5	4.86	3.16

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