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	0.34	0.17	1.44	1	1.71
Receivables	1.57	2.32	1.3	2.36	4.02	7.34
Inventory	2.24	2.15	2.32	2.55	2.25	1.13
Prepaid Expenses	0.61	0.04	0.08	0.13	0.51	0.25
Other Current Assets	0	0	-	0	0	0
Total Current Assets	13.5	14.17	21.1	30.17	50.66	71.7
Property, Plant & Equipment	22.22	22.54	24.12	24.59	13.66	8.59
Other Intangible Assets	-	-	0.06	-	-	-
Long-Term Deferred Charges	12.4	12.25	10.84	8.92	7.75	5.49
Other Long-Term Assets	-0	0.18	0.18	0.29	6.25	1.73
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	1.09	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
Other Current Liabilities	0.22	0.22	0.57	0.19	0.3	0.22
Total Current Liabilities	3.09	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
Other Long-Term Liabilities	0.36	-	-	-	-	-0
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
Retained Earnings	-31.69	-30.69	-26.11	-19.67	-7.84	0.74
Comprehensive Income & Other	75.29	75.29	75.31	75.32	75.33	75.33
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	-37.72%	-46.66%	-30.78%	-47.77%	-33.38%	-
Net Cash Per Share	0.15	0.16	0.30	0.44	0.83	1.58
Filing Date Shares Outstanding	42.49	42.49	42.49	42.57	42.62	42.62
Total Common Shares Outstanding	42.49	42.49	42.49	42.57	42.62	42.62
Working Capital	10.41	11	16.88	26.48	46.53	68.56
Book Value Per Share	1.03	1.05	1.16	1.31	1.59	1.79
Tangible Book Value	43.68	44.68	49.23	55.73	67.57	76.15
Tangible Book Value Per Share	1.03	1.05	1.16	1.31	1.59	1.79
Buildings	-	6.9	6.9	6.81	6.4	5.99
Machinery	-	30.12	29.3	27.88	15.94	10.2

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