Spinnova Oyj Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	7.53	1.98	15.17	33.22	7.32
Short-Term Investments	36.9	45.26	46.29	49.5	99.72
Cash & Short-Term Investments	44.43	47.24	61.46	82.72	107.04
Cash Growth	-5.96%	-23.13%	-25.70%	-22.72%	1217.85%
Accounts Receivable	0.22	0.43	2.3	5.56	0.58
Other Receivables	0.85	1.19	0.97	0.58	4.85
Receivables	1.07	1.62	3.27	6.14	5.43
Inventory	0.03	-	-	-	-
Prepaid Expenses	2.34	-	-	-	-
Other Current Assets	-0	0.04	0.02	0.3	0.04
Total Current Assets	47.87	48.91	64.74	89.16	112.5
Property, Plant & Equipment	2.41	3.07	3.14	3.36	1.91
Long-Term Investments	1.61	20.91	18.89	14.14	1.75
Other Intangible Assets	1.29	1.08	0.99	0.84	0.59
Long-Term Deferred Tax Assets	0.01	0.01	0.01	0.05	-
Long-Term Deferred Charges	7.73	9.22	10.7	12.24	6.9
Other Long-Term Assets	2.41	0.11	0.14	0.13	0
Total Assets	63.33	83.29	98.61	119.92	123.65
Accounts Payable	0.61	2.59	1.57	6.5	1.13
Accrued Expenses	1.47	1.49	1.6	1.63	1.18
Current Portion of Long-Term Debt	0.01	0.53	1.35	1	1
Current Portion of Leases	2.17	0.78	0.66	0.83	-
Current Unearned Revenue	-	-	-	0.03	-
Other Current Liabilities	1.13	0.69	0.4	0.18	0.52
Total Current Liabilities	5.39	6.08	5.58	10.18	3.82
Long-Term Debt	9.48	4.58	4.47	5.4	5.94
Long-Term Leases	14.6	0.48	0.56	1.03	-
Long-Term Deferred Tax Liabilities	1.03	0.99	0.68	0.42	-
Other Long-Term Liabilities	2.28	-	-	-	-
Total Liabilities	32.78	12.13	11.29	17.04	9.76
Common Stock	0.08	0.08	0.08	0.08	0.08
Retained Earnings	-104.63	-64	-47.77	-30.57	-25.79
Comprehensive Income & Other	135.09	135.09	135.01	133.37	139.6
Shareholders' Equity	30.55	71.17	87.33	102.88	113.89
Total Liabilities & Equity	63.33	83.29	98.61	119.92	123.65
Total Debt	26.26	6.36	7.03	8.26	6.94
Net Cash (Debt)	18.16	40.88	54.43	74.46	100.09
Net Cash Growth	-55.57%	-24.89%	-26.90%	-25.61%	7195.41%
Net Cash Per Share	0.35	0.78	1.05	1.45	2.32
Filing Date Shares Outstanding	52.3	52.3	52.23	51.54	51.24
Total Common Shares Outstanding	52.3	52.3	52.23	51.54	51.24
Working Capital	42.48	42.83	59.17	78.98	108.68
Book Value Per Share	0.58	1.36	1.67	2.00	2.22
Tangible Book Value	29.25	70.09	86.33	102.05	113.3
Tangible Book Value Per Share	0.56	1.34	1.65	1.98	2.21
Machinery	2.76	2.4	0.75	0.5	0.42
Construction In Progress	-	-	1.6	1.36	1.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.