Spinnova Oyj (HEL:SPINN)

Spinnova Oyj Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5.17	7.53	1.98	15.17	33.22	7.32
Short-Term Investments	33.3	36.9	45.26	46.29	49.5	99.72
Cash & Short-Term Investments	38.47	44.43	47.24	61.46	82.72	107.04
Cash Growth	-7.45%	-5.96%	-23.13%	-25.70%	-22.72%	1217.85%
Accounts Receivable	0.14	0.22	0.43	2.3	5.56	0.58
Other Receivables	1	0.85	1.19	0.97	0.58	4.85
Receivables	1.13	1.07	1.62	3.27	6.14	5.43
Inventory	0.04	0.03	-	-	-	-
Prepaid Expenses	1.21	2.34	-	-	-	-
Other Current Assets	0	-0	0.04	0.02	0.3	0.04
Total Current Assets	40.85	47.87	48.91	64.74	89.16	112.5
Property, Plant & Equipment	2.33	2.41	3.07	3.14	3.36	1.91
Long-Term Investments	1.52	1.61	20.91	18.89	14.14	1.75
Other Intangible Assets	1.31	1.29	1.08	0.99	0.84	0.59
Long-Term Deferred Tax Assets	0.01	0.01	0.01	0.01	0.05	-
Long-Term Deferred Charges	6.99	7.73	9.22	10.7	12.24	6.9
Other Long-Term Assets	2.4	2.41	0.11	0.14	0.13	0
Total Assets	55.39	63.33	83.29	98.61	119.92	123.65

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.69	0.61	2.59	1.57	6.5	1.13
Accrued Expenses	1.51	1.47	1.49	1.6	1.63	1.18
Current Portion of Long-Term Debt	0	0.01	0.53	1.35	1	1
Current Portion of Leases	2.01	2.17	0.78	0.66	0.83	-
Current Unearned Revenue	-	-	-	-	0.03	-
Other Current Liabilities	0.88	1.13	0.69	0.4	0.18	0.52
Total Current Liabilities	5.09	5.39	6.08	5.58	10.18	3.82
Long-Term Debt	9.48	9.48	4.58	4.47	5.4	5.94
Long-Term Leases	13.78	14.6	0.48	0.56	1.03	-
Long-Term Deferred Tax Liabilities	1	1.03	0.99	0.68	0.42	-
Other Long-Term Liabilities	2.28	2.28	-	-	-	-
Total Liabilities	31.63	32.78	12.13	11.29	17.04	9.76

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.08	0.08	0.08	0.08	0.08	0.08
Retained Earnings	-111.41	-104.63	-64	-47.77	-30.57	-25.79
Comprehensive Income & Other	135.09	135.09	135.09	135.01	133.37	139.6
Shareholders' Equity	23.76	30.55	71.17	87.33	102.88	113.89
Total Liabilities & Equity	55.39	63.33	83.29	98.61	119.92	123.65

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	25.27	26.26	6.36	7.03	8.26	6.94
Net Cash (Debt)	13.2	18.16	40.88	54.43	74.46	100.09
Net Cash Growth	-60.34%	-55.57%	-24.89%	-26.90%	-25.61%	7195.41%
Net Cash Per Share	0.25	0.35	0.78	1.05	1.45	2.32
Filing Date Shares Outstanding	52.32	52.3	52.3	52.23	51.54	51.24
Total Common Shares Outstanding	52.32	52.3	52.3	52.23	51.54	51.24
Working Capital	35.75	42.48	42.83	59.17	78.98	108.68
Book Value Per Share	0.45	0.58	1.36	1.67	2.00	2.22
Tangible Book Value	22.45	29.25	70.09	86.33	102.05	113.3
Tangible Book Value Per Share	0.43	0.56	1.34	1.65	1.98	2.21
Machinery	2.98	2.76	2.4	0.75	0.5	0.42
Construction In Progress	-	-	-	1.6	1.36	1.8

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 17, 2026

Data Sources Report a data error