Accolade Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 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	2017 - 2020
Cash & Equivalents	40.52	55.27	72.82	161	550.53	83.53	Upgrade
Short-Term Investments	10.53	-	-	-	-	-	Upgrade
Cash & Short-Term Investments	51.05	55.27	72.82	161	550.53	83.53	Upgrade
Cash Growth	0.44%	-24.11%	-54.77%	-70.76%	559.08%	17.40%	Upgrade
Accounts Receivable	32.58	30.19	21.97	18.3	11.56	19.67	Upgrade
Other Receivables	0.51	6.07	12.07	9.21	1.51	0.05	Upgrade
Receivables	33.09	36.26	34.04	27.5	13.07	19.72	Upgrade
Inventory	-	0.24	0.4	0.39	-	-	Upgrade
Other Current Assets	48.77	42.56	52.21	20.17	13.03	12.05	Upgrade
Total Current Assets	132.91	134.32	159.47	209.06	576.64	115.3	Upgrade
Property, Plant & Equipment	43.38	41.46	43.26	50.27	45.48	40.47	Upgrade
Long-Term Investments	24.37	20.86	15.41	-	4.85	4.52	Upgrade
Goodwill	1,121	668.09	667.66	667.93	667.22	646.79	Upgrade
Other Intangible Assets	363.63	149.01	175.74	212.86	248.16	255.33	Upgrade
Long-Term Deferred Tax Assets	0.77	28.75	18.6	2.13	0.5	0.16	Upgrade
Long-Term Deferred Charges	-	22.03	18.89	-	-	-	Upgrade
Other Long-Term Assets	25.2	5.82	12.51	30.46	3.82	0.86	Upgrade
Total Assets	1,712	1,070	1,112	1,173	1,547	1,063	Upgrade
Accounts Payable	16.55	15.84	8.02	8.88	7.27	8.3	Upgrade
Accrued Expenses	59.42	49.26	46.25	35.17	28.09	35.71	Upgrade
Current Portion of Long-Term Debt	509.88	103.24	87.84	101.66	26.38	75.96	Upgrade
Current Portion of Leases	13.99	12.25	9.44	11.63	8.6	6.14	Upgrade
Current Income Taxes Payable	6.7	2.82	0.99	1.1	0.75	4.38	Upgrade
Current Unearned Revenue	372.96	336.39	314.8	288.14	244.48	214.81	Upgrade
Other Current Liabilities	3.51	28.15	44.45	27.77	21.5	5.67	Upgrade
Total Current Liabilities	983	547.95	511.78	474.34	337.06	350.97	Upgrade
Long-Term Debt	491.64	312.42	412.4	496.38	820.96	419.11	Upgrade
Long-Term Leases	16.66	16.72	19.75	22.97	21.53	21.05	Upgrade
Long-Term Unearned Revenue	45.74	44.83	41.37	24.15	6.1	0.36	Upgrade
Long-Term Deferred Tax Liabilities	69.8	45.54	39.69	33.85	29.76	29.19	Upgrade
Other Long-Term Liabilities	14.94	2.39	2.89	5.73	11.17	2.05	Upgrade
Total Liabilities	1,622	969.86	1,028	1,057	1,227	822.71	Upgrade
Common Stock	170	170	174	186.52	201.07	201.07	Upgrade
Retained Earnings	80.14	27.89	-95.19	-209.2	-276.8	-326.85	Upgrade
Treasury Stock	-167.64	-178.21	-102.93	-100.26	-	-	Upgrade
Comprehensive Income & Other	7.34	80.8	107.78	238.23	395.82	366.49	Upgrade
Shareholders' Equity	89.84	100.49	83.66	115.28	320.09	240.71	Upgrade
Total Liabilities & Equity	1,712	1,070	1,112	1,173	1,547	1,063	Upgrade
Total Debt	1,032	444.63	529.42	632.64	877.47	522.25	Upgrade
Net Cash (Debt)	-981.13	-389.37	-456.6	-471.64	-326.94	-438.72	Upgrade
Net Cash Per Share	-6.17	-2.40	-2.64	-2.55	-1.63	-2.19	Upgrade
Filing Date Shares Outstanding	156.97	160.1	166.35	176.98	201.07	201.07	Upgrade
Total Common Shares Outstanding	156.97	160.1	166.35	176.98	201.07	201.07	Upgrade
Working Capital	-850.09	-413.63	-352.31	-265.28	239.57	-235.67	Upgrade
Book Value Per Share	0.57	0.63	0.50	0.65	1.59	1.20	Upgrade
Tangible Book Value	-1,395	-716.61	-759.74	-765.51	-595.3	-661.41	Upgrade
Tangible Book Value Per Share	-8.89	-4.48	-4.57	-4.33	-2.96	-3.29	Upgrade
Buildings	-	10.16	10.02	9.74	-	-	Upgrade
Machinery	-	28.25	24.69	22	-	-	Upgrade

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.