Solid Clouds Balance Sheet

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

Millions ISK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	170.18	14.04	44	310.12	569.63	58.96
Cash & Short-Term Investments	170.18	14.04	44	310.12	569.63	58.96
Cash Growth	95.01%	-68.10%	-85.81%	-45.56%	866.07%	-48.16%
Accounts Receivable	6.34	16.87	8.54	4.71	2.2	1.31
Other Receivables	139.11	4.2	5.8	7.22	3.34	6.47
Receivables	145.46	21.07	14.33	11.93	5.55	7.77
Other Current Assets	-	-0	-	-0	-	-
Total Current Assets	315.64	35.11	58.34	322.05	575.17	66.73
Property, Plant & Equipment	4.68	4.74	4.47	10.71	10.22	13.43
Long-Term Deferred Charges	1,142	1,135	995.15	861.25	690.35	545.68
Other Long-Term Assets	-0	0	159.74	104.19	60.85	32.32
Total Assets	1,462	1,175	1,218	1,298	1,337	658.16
Accounts Payable	4.35	13.5	6.56	4.16	2.45	0.41
Accrued Expenses	-	40.25	31.07	25.99	24.45	8.84
Short-Term Debt	-	43.33	-	-	-	-
Current Portion of Leases	4.75	4.77	4.9	6.77	6.35	5.09
Current Unearned Revenue	-	-	-	-	0.2	0.4
Other Current Liabilities	33.92	0.04	0.04	0.2	0.19	0.66
Total Current Liabilities	43.02	101.89	42.57	37.12	33.64	15.4
Long-Term Leases	-	-	-	4.9	4.53	8.94
Total Liabilities	43.02	101.89	42.57	42.02	38.18	24.34
Common Stock	717.04	331.8	184.2	184.2	184.2	2.11
Additional Paid-In Capital	215.31	129.44	198.81	420.5	641.91	733.3
Retained Earnings	463.58	590.69	778.18	639.57	468.93	-106.28
Comprehensive Income & Other	23.23	20.86	13.94	11.92	3.37	4.69
Shareholders' Equity	1,419	1,073	1,175	1,256	1,298	633.82
Total Liabilities & Equity	1,462	1,175	1,218	1,298	1,337	658.16
Total Debt	4.75	48.1	4.9	11.67	10.89	14.03
Net Cash (Debt)	165.44	-34.07	39.1	298.45	558.74	44.93
Net Cash Growth	107.48%	-	-86.90%	-46.59%	1143.49%	-52.46%
Net Cash Per Share	0.23	-0.10	0.21	1.62	3.03	0.36
Filing Date Shares Outstanding	717.04	331.8	184.2	184.2	184.2	126.13
Total Common Shares Outstanding	717.04	331.8	184.2	184.2	184.2	126.13
Working Capital	272.62	-66.78	15.77	284.93	541.53	51.34
Book Value Per Share	1.98	3.23	6.38	6.82	7.05	5.03
Tangible Book Value	1,419	1,073	1,175	1,256	1,298	633.82
Tangible Book Value Per Share	1.98	3.23	6.38	6.82	7.05	5.03

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