SMIT Holdings Balance Sheet

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

Millions USD. 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	19.02	19.07	20.57	48.23	18.8
Cash & Short-Term Investments	19.02	19.07	20.57	48.23	18.8
Cash Growth	-0.28%	-7.27%	-57.36%	156.57%	-59.56%
Accounts Receivable	4.55	3.15	5.01	3.13	3.69
Other Receivables	29.53	3.41	4.05	6.24	24.14
Receivables	34.08	6.56	9.07	9.37	27.84
Inventory	4	3.53	4.27	4.72	5.76
Total Current Assets	57.1	29.16	33.9	62.33	52.39
Property, Plant & Equipment	3.97	3.78	4.09	7.19	17.35
Long-Term Investments	71.44	93.52	128.43	143.99	104.96
Goodwill	6.11	5.97	6.06	6.16	6.73
Other Intangible Assets	14.82	17.53	21.48	25.86	38.83
Long-Term Deferred Tax Assets	1.09	1.04	1.56	1.49	6.71
Other Long-Term Assets	0.28	0.2	0.42	0.22	5.05
Total Assets	154.8	151.2	195.94	247.24	232.03
Accounts Payable	1.7	0.91	0.77	0.9	1.25
Accrued Expenses	2.55	2.55	2.63	3.78	7.06
Short-Term Debt	-	-	-	16.86	-
Current Portion of Long-Term Debt	-	-	-	-	13.33
Current Portion of Leases	1.15	0.75	0.6	0.69	0.65
Current Income Taxes Payable	0.23	0.22	0.19	5.29	-
Current Unearned Revenue	0.99	1.73	2.34	8.32	16.73
Other Current Liabilities	7	1.04	0.86	1.07	1.1
Total Current Liabilities	13.62	7.18	7.39	36.92	40.12
Long-Term Debt	-	-	-	-	15.06
Long-Term Leases	0.65	0.58	0.27	1.05	1.92
Long-Term Unearned Revenue	10.35	12.84	16.73	21.63	36.56
Long-Term Deferred Tax Liabilities	2.53	-	-	-	-
Other Long-Term Liabilities	0.11	-	0.05	0.05	-
Total Liabilities	27.26	20.61	24.44	59.65	93.65
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	103.07	103.48	103.9	102.44	102.83
Retained Earnings	59.05	64.35	102.81	116.71	59.52
Comprehensive Income & Other	-36.89	-38.73	-37.13	-33.76	-26.4
Total Common Equity	125.24	129.12	169.59	185.39	135.95
Minority Interest	2.31	1.47	1.91	2.2	2.42
Shareholders' Equity	127.54	130.59	171.5	187.58	138.37
Total Liabilities & Equity	154.8	151.2	195.94	247.24	232.03
Total Debt	1.8	1.33	0.87	18.59	30.96
Net Cash (Debt)	17.22	17.74	19.7	29.64	-12.16
Net Cash Growth	-2.93%	-9.94%	-33.53%	-	-
Net Cash Per Share	0.05	0.05	0.06	0.09	-0.04
Filing Date Shares Outstanding	324.93	324.93	324.93	320.38	320.35
Total Common Shares Outstanding	324.93	324.93	324.93	320.38	320.35
Working Capital	43.48	21.97	26.52	25.41	12.27
Book Value Per Share	0.39	0.40	0.52	0.58	0.42
Tangible Book Value	104.31	105.61	142.05	153.36	90.39
Tangible Book Value Per Share	0.32	0.33	0.44	0.48	0.28
Machinery	6.32	5.99	5.7	12.47	18.47
Leasehold Improvements	3.96	4.25	4.24	4.47	6

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