Martela Oyj Balance Sheet

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

Millions EUR. 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	1.14	3.9	5.05	11.3	4.93	11.17
Cash & Short-Term Investments	1.14	3.9	5.05	11.3	4.93	11.17
Cash Growth	-44.35%	-22.76%	-55.26%	129.29%	-55.91%	16.12%
Accounts Receivable	14.96	16.98	16.66	16.93	19.61	12.66
Other Receivables	-	0.42	0.49	0.3	-	-
Receivables	14.96	17.39	17.16	17.22	19.61	12.66
Inventory	9.61	10.88	9.24	11.78	12.12	9.47
Prepaid Expenses	-	1.25	1.96	1.03	0.11	0.15
Other Current Assets	-	-0	-	-	-0	1.76
Total Current Assets	25.72	33.43	33.4	41.32	36.76	35.21
Property, Plant & Equipment	14.5	14.71	14.41	13.31	8.97	10.81
Long-Term Investments	-	-	0.01	0.01	0.01	0.01
Goodwill	-	0.88	0.88	0.88	0.88	0.88
Other Intangible Assets	2.88	2.45	3.45	3.4	3.71	4.91
Long-Term Deferred Tax Assets	2.46	2.63	3	2.86	0.2	0.31
Other Long-Term Assets	-	-	-0	-	-	-0
Total Assets	45.99	54.67	55.69	62.33	51.06	52.13
Accounts Payable	-	14.37	9.44	9.57	13.1	8.89
Accrued Expenses	-	6.36	6.79	7.89	8.4	8.29
Short-Term Debt	3.23	-	-	-	-	-
Current Portion of Long-Term Debt	-	4.4	1.22	1.69	8.49	6
Current Portion of Leases	3.68	2.84	3.07	2.92	2.46	2.66
Current Income Taxes Payable	-	-	-	1.21	-	-
Current Unearned Revenue	-	8.52	7.85	6.28	2.63	2.28
Other Current Liabilities	26.98	3.14	3.58	3.89	2.96	5.14
Total Current Liabilities	33.88	39.64	31.94	33.45	38.03	33.25
Long-Term Debt	-	0.06	0.04	0.01	-	2.9
Long-Term Leases	13.22	13.45	13.78	14.68	1.79	3.38
Pension & Post-Retirement Benefits	0.08	0.08	0.11	0.12	0.24	0.49
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.2
Other Long-Term Liabilities	0.29	0.29	0.27	0.23	0.24	0.28
Total Liabilities	47.48	53.51	46.13	48.48	40.29	40.49
Common Stock	7	7	7	7	7	7
Additional Paid-In Capital	1.12	1.12	1.12	1.12	1.12	1.12
Retained Earnings	-10.07	-7.16	1.52	5.4	2.66	4.71
Treasury Stock	-0	-0	-0	-0	-0.13	-0.13
Comprehensive Income & Other	0.48	0.2	-0.08	0.34	0.12	-1.06
Shareholders' Equity	-1.48	1.16	9.56	13.85	10.76	11.64
Total Liabilities & Equity	45.99	54.67	55.69	62.33	51.06	52.13
Total Debt	20.13	20.75	18.1	19.3	12.74	14.93
Net Cash (Debt)	-18.98	-16.85	-13.05	-8	-7.82	-3.76
Net Cash Per Share	-4.09	-3.63	-2.85	-1.77	-1.74	-0.91
Filing Date Shares Outstanding	4.72	4.58	4.52	4.52	4.49	4.14
Total Common Shares Outstanding	4.72	4.58	4.52	4.52	4.49	4.14
Working Capital	-8.17	-6.21	1.46	7.88	-1.28	1.96
Book Value Per Share	-0.31	0.25	2.12	3.07	2.39	2.81
Tangible Book Value	-4.37	-2.18	5.22	9.57	6.17	5.85
Tangible Book Value Per Share	-0.92	-0.48	1.16	2.12	1.37	1.41
Land	-	0	0	0	0.08	0.08
Buildings	-	23.54	23.62	23.62	24.05	23.95
Machinery	-	34.78	34.66	34.07	33.65	33.12
Construction In Progress	-	0.08	-	0	0.08	0.15

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