Luotea Oyj (HEL:LUOTEA)

Luotea Oyj Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	3.9	15.7	33.9	32.9	49.5	28.6
Cash & Short-Term Investments	3.9	15.7	33.9	32.9	49.5	28.6
Cash Growth	-77.19%	-53.69%	3.04%	-33.53%	73.08%	-43.03%
Accounts Receivable	49.6	45.5	102.6	116.7	121.8	109.6
Other Receivables	10.4	11.9	5	6.5	15.7	13.1
Receivables	60	57.4	107.6	123.2	137.5	122.7
Inventory	-	-	9.2	7.8	7.8	5.9
Prepaid Expenses	-	0.1	0.2	0.3	0.2	0.4
Other Current Assets	-	1.7	2.3	2.3	3.8	42.4
Total Current Assets	63.9	74.9	153.2	166.5	198.8	200
Property, Plant & Equipment	18.2	20.8	225.4	224.9	217.5	212.7
Long-Term Investments	0.1	0.1	19.1	17.8	14.2	0.2
Goodwill	38.6	38.8	157	180.8	180.7	172.1
Other Intangible Assets	3.8	4.6	21.3	23.6	28.3	29
Long-Term Deferred Tax Assets	2.4	2.1	2	3.1	1.9	2.7
Other Long-Term Assets	0.2	0.7	29.9	32.1	19.1	15.6
Total Assets	127.2	142	607.9	648.8	660.5	632.3

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	68.6	25.4	51.7	63.7	60.1	58.3
Accrued Expenses	-	35.5	73	76.1	75.2	69.2
Short-Term Debt	-	-	0.5	0.6	0.7	-
Current Portion of Long-Term Debt	-	-	-	-	17.6	0.5
Current Portion of Leases	5.7	6	18.1	21.5	21	19.9
Current Income Taxes Payable	0.6	0.2	0.3	0.3	1	3.3
Current Unearned Revenue	-	1	10.5	11.2	9.5	10.2
Other Current Liabilities	1.6	13.5	26.2	22.7	27.5	40.6
Total Current Liabilities	76.5	81.6	180.3	196.1	212.6	202
Long-Term Debt	-	5	115.1	115.5	126	124.8
Long-Term Leases	7.5	8.8	53.2	56.1	51.5	51
Long-Term Unearned Revenue	-	-	6.7	7.2	7.6	7.4
Pension & Post-Retirement Benefits	0.8	0.9	1.1	1.2	1.2	1.4
Long-Term Deferred Tax Liabilities	4.5	4.5	26.6	28.3	28.1	27.2
Other Long-Term Liabilities	0.1	0.1	15.7	13.1	13.1	8.1
Total Liabilities	89.4	100.9	398.7	417.5	440.1	421.9

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1	1	19.4	19.4	19.4	19.4
Retained Earnings	48.8	51.6	202.7	222.8	211	196.7
Comprehensive Income & Other	-12	-11.5	-12.9	-10.9	-10	-5.7
Total Common Equity	37.8	41.1	209.2	231.3	220.4	210.4
Shareholders' Equity	37.8	41.1	209.2	231.3	220.4	210.4
Total Liabilities & Equity	127.2	142	607.9	648.8	660.5	632.3

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	13.2	19.8	186.9	193.7	216.8	196.2
Net Cash (Debt)	-9.3	-4.1	-153	-160.8	-167.3	-167.6
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.24	-0.11	-4.00	-4.21	-4.39	-4.40
Filing Date Shares Outstanding	40	38.21	38.19	38.15	38.15	38.11
Total Common Shares Outstanding	40	38.21	38.19	38.15	38.15	38.11
Working Capital	-12.6	-6.7	-27.1	-29.6	-13.8	-2
Book Value Per Share	0.94	1.08	5.48	6.06	5.78	5.52
Tangible Book Value	-4.6	-2.3	30.9	26.9	11.4	9.3
Tangible Book Value Per Share	-0.12	-0.06	0.81	0.71	0.30	0.24
Land	-	0.1	7.7	7.7	8.2	7.4
Buildings	-	20.5	152.6	146.1	141.6	138.9
Machinery	-	100.4	423.5	416.5	416	408.9

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 8, 2026

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