Martela Oyj Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1.08	2.59	3.9	5.05	11.3	4.93
Cash & Short-Term Investments	1.08	2.59	3.9	5.05	11.3	4.93
Cash Growth	-21.49%	-33.69%	-22.76%	-55.26%	129.29%	-55.91%
Accounts Receivable	10.77	13.42	16.98	16.66	16.93	19.61
Other Receivables	-	0.07	0.42	0.49	0.3	-
Receivables	10.77	13.49	17.39	17.16	17.22	19.61
Inventory	8.21	7.78	10.88	9.24	11.78	12.12
Prepaid Expenses	-	1.69	1.25	1.96	1.03	0.11
Other Current Assets	0	-0	-0	-	-	-0
Total Current Assets	20.06	25.55	33.43	33.4	41.32	36.76
Property, Plant & Equipment	13.51	14.66	14.71	14.41	13.31	8.97
Long-Term Investments	-	-	-	0.01	0.01	0.01
Goodwill	-	0.88	0.88	0.88	0.88	0.88
Other Intangible Assets	2.6	1.85	2.45	3.45	3.4	3.71
Long-Term Deferred Tax Assets	2.37	2.39	2.63	3	2.86	0.2
Other Long-Term Assets	-0	-	-	-0	-	-
Total Assets	38.96	45.76	54.67	55.69	62.33	51.06
Accounts Payable	-	9.67	14.37	9.44	9.57	13.1
Accrued Expenses	-	5.59	6.36	6.79	7.89	8.4
Current Portion of Long-Term Debt	6.39	3.62	4.4	1.22	1.69	8.49
Current Portion of Leases	-	3.95	2.84	3.07	2.92	2.46
Current Income Taxes Payable	-	-	-	-	1.21	-
Current Unearned Revenue	-	7.27	8.52	7.85	6.28	2.63
Other Current Liabilities	24.37	4.09	3.14	3.58	3.89	2.96
Total Current Liabilities	30.76	34.2	39.64	31.94	33.45	38.03
Long-Term Debt	12.23	-	0.06	0.04	0.01	-
Long-Term Leases	-	13.16	13.45	13.78	14.68	1.79
Pension & Post-Retirement Benefits	0.07	0.07	0.08	0.11	0.12	0.24
Other Long-Term Liabilities	0.31	0.31	0.29	0.27	0.23	0.24
Total Liabilities	43.37	47.74	53.51	46.13	48.48	40.29
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	-13.01	-10.59	-7.16	1.52	5.4	2.66
Treasury Stock	-0	-0	-0	-0	-0	-0.13
Comprehensive Income & Other	0.48	0.5	0.2	-0.08	0.34	0.12
Shareholders' Equity	-4.42	-1.98	1.16	9.56	13.85	10.76
Total Liabilities & Equity	38.96	45.76	54.67	55.69	62.33	51.06
Total Debt	18.62	20.73	20.75	18.1	19.3	12.74
Net Cash (Debt)	-17.54	-18.14	-16.85	-13.05	-8	-7.82
Net Cash Per Share	-3.78	-3.91	-3.63	-2.85	-1.77	-1.74
Filing Date Shares Outstanding	4.65	4.58	4.58	4.52	4.52	4.49
Total Common Shares Outstanding	4.65	4.58	4.58	4.52	4.52	4.49
Working Capital	-10.7	-8.64	-6.21	1.46	7.88	-1.28
Book Value Per Share	-0.95	-0.43	0.25	2.12	3.07	2.39
Tangible Book Value	-7.02	-4.71	-2.18	5.22	9.57	6.17
Tangible Book Value Per Share	-1.51	-1.03	-0.48	1.16	2.12	1.37
Land	-	0	0	0	0	0.08
Buildings	-	23.54	23.54	23.62	23.62	24.05
Machinery	-	35.15	34.78	34.66	34.07	33.65
Construction In Progress	-	0.05	0.08	-	0	0.08

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