Inovest B.S.C. Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	10.47	10.66	17.96	17.82	26.38	23.4
Cash & Short-Term Investments	10.47	10.66	17.96	17.82	26.38	23.4
Cash Growth	-8.30%	-40.66%	0.79%	-32.44%	12.72%	-37.29%
Accounts Receivable	13.54	14.93	15.1	14.9	20.41	4.68
Other Receivables	-0.51	-	9.79	5.73	-	18.39
Receivables	13.04	14.93	24.89	20.63	20.41	23.07
Prepaid Expenses	0.22	0.25	0.25	0.38	0.26	0.37
Other Current Assets	2.17	2.19	1.25	0.59	0.27	0.45
Total Current Assets	25.89	28.04	44.35	39.42	47.32	47.29
Property, Plant & Equipment	6.67	7.36	11.17	10.16	8.63	9.05
Long-Term Investments	103.3	106.52	106.6	108.7	108.01	108.27
Other Long-Term Assets	83.92	85.51	83.45	82.05	79.52	76.82
Total Assets	219.76	227.43	245.56	240.33	243.48	241.43
Accounts Payable	2.78	5.1	7.02	4.94	1.47	2.33
Accrued Expenses	3.58	8.03	10.91	5.81	8.14	6.86
Current Portion of Long-Term Debt	-	0.13	0.04	3.35	4.3	4.24
Other Current Liabilities	1.34	1.46	1.27	2.84	4.44	9.51
Total Current Liabilities	7.7	14.72	19.24	16.94	18.35	22.94
Long-Term Debt	0.16	0.11	-	0.73	1.73	1.2
Long-Term Unearned Revenue	0.7	0.7	2.03	3.29	4.97	0.46
Other Long-Term Liabilities	50.11	50.11	50.11	50.11	50.11	50.11
Total Liabilities	58.67	65.64	71.38	71.07	75.15	74.7
Common Stock	122.74	122.74	120.33	120.33	120.33	120.33
Retained Earnings	12.21	12.94	27.41	22.77	21.85	21.1
Treasury Stock	-1.34	-1.34	-1.31	-1.31	-1.31	-1.31
Comprehensive Income & Other	1.76	1.76	2.12	2.04	2.21	1.5
Total Common Equity	135.38	136.1	148.55	143.84	143.09	141.62
Minority Interest	25.72	25.69	25.63	25.42	25.24	25.11
Shareholders' Equity	161.1	161.79	174.18	169.26	168.33	166.73
Total Liabilities & Equity	219.76	227.43	245.56	240.33	243.48	241.43
Total Debt	0.16	0.24	0.04	4.08	6.03	5.44
Net Cash (Debt)	10.31	10.42	17.92	13.74	20.35	17.96
Net Cash Growth	-7.53%	-41.87%	30.40%	-32.46%	13.28%	-41.93%
Net Cash Per Share	0.03	0.03	0.06	0.04	0.07	0.06
Filing Date Shares Outstanding	309.09	303.11	303.11	303.11	303.11	303.11
Total Common Shares Outstanding	309.09	303.11	303.11	303.11	303.11	303.11
Working Capital	18.18	13.32	25.1	22.48	28.97	24.35
Book Value Per Share	0.44	0.45	0.49	0.47	0.47	0.47
Tangible Book Value	135.38	136.1	148.55	143.84	143.09	141.62
Tangible Book Value Per Share	0.44	0.45	0.49	0.47	0.47	0.47
Buildings	4.2	4.2	10.12	10.12	10.12	10.12
Machinery	14.11	16.97	16.9	16.83	14.54	14.26
Construction In Progress	1.73	1.73	1.73	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.