Modulight 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	0.4	9.65	17.41	0.41	1.55	0.51
Short-Term Investments	8.68	-	-	24.72	42.32	62.47
Cash & Short-Term Investments	9.08	9.65	17.41	25.13	43.87	62.98
Cash Growth	-37.70%	-44.55%	-30.73%	-42.72%	-30.34%	3430.10%
Accounts Receivable	1.48	1.99	1.13	0.92	3.02	5.64
Other Receivables	0.09	0.18	0.11	1.36	0.89	1.49
Total Trade Receivables	1.57	2.17	1.24	2.27	3.9	7.13
Inventory	2.24	2.15	2.32	2.55	2.25	1.13
Other Current Assets	0.61	0.2	0.14	0.21	0.63	0.47
Total Current Assets	13.5	14.17	21.1	30.17	50.66	71.7
Net Property, Plant & Equipment	22.22	22.72	24.29	24.88	19.91	10.32
Other Intangible Assets	12.4	12.25	10.9	8.92	7.75	5.49
Total Assets	48.12	49.14	56.3	63.96	78.31	87.52
Accounts Payable	0.29	0.28	0.66	0.57	1.32	0.73
Accrued Expenses	1.45	1.17	1.24	0.93	0.84	0.85
Current Portion of Long-Term Debt	1.5	1.5	1.75	2	1.68	1.35
Unearned Revenue	0.05	0.11	0.45	0.06	0.17	0.11
Other Current Liabilities	0.16	0.11	0.12	0.14	0.13	0.11
Total Current Liabilities	3.45	3.18	4.22	3.69	4.13	3.15
Long-Term Debt	0.99	1.29	2.79	4.54	6.61	8.22
Total Long-Term Liabilities	0.99	1.29	2.79	4.54	6.61	8.22
Total Liabilities	4.44	4.46	7.01	8.24	10.74	11.36
Common Stock	0.08	0.08	0.08	0.08	0.08	0.08
Additional Paid-in Capital	75.29	75.29	75.31	75.32	75.33	75.33
Retained Earnings	-31.69	-30.69	-26.11	-19.67	-7.84	0.74
Shareholders' Equity	43.68	44.68	49.28	55.73	67.57	76.15
Total Liabilities & Equity	48.12	49.14	56.3	63.96	78.31	87.52
Total Debt	2.49	2.79	4.54	6.55	8.28	9.56
Net Cash (Debt)	6.59	6.86	12.86	18.59	35.59	53.41
Net Cash Growth	-3.98%	-46.66%	-30.78%	-47.77%	-33.38%	-
Net Cash Per Share	0.17	0.16	0.30	0.44	0.83	1.58
Book Value	43.68	44.68	49.28	55.73	67.57	76.15
Book Value Per Share	1.11	1.07	1.15	1.32	1.58	2.26
Tangible Book Value	31.27	32.43	38.38	46.81	59.83	70.66
Tangible Book Value Per Share	0.79	0.77	0.89	1.11	1.40	2.09