Varonis Systems, Inc. (LON:0VOU)

Varonis Systems Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	185.59	230.74	367.8	805.76	234.09
Short-Term Investments	385.1	304.01	365.09	2.18	64.53
Cash & Short-Term Investments	570.69	534.75	732.89	807.94	298.62
Cash Growth	6.72%	-27.04%	-9.29%	170.56%	147.26%
Accounts Receivable	192.83	169.12	135.98	117.18	94.23
Other Receivables	43.79	15.41	7.18	3.33	1.59
Receivables	236.62	184.52	143.16	120.51	95.82
Prepaid Expenses	28.54	22.78	10.22	6.75	7.94
Other Current Assets	42.23	25.1	19.39	24.01	17.48
Total Current Assets	878.07	767.16	905.66	959.21	419.85
Property, Plant & Equipment	76.39	85.8	95.82	102.05	85.09
Long-Term Investments	658.9	211.06	-	-	-
Goodwill	23.14	23.14	23.14	23.14	23.14
Other Intangible Assets	-	1.26	2.79	4.31	5.85
Other Long-Term Assets	27.78	15.49	16.34	19.84	21.57
Total Assets	1,664	1,104	1,044	1,109	555.48
Accounts Payable	4.31	0.67	2.96	5.32	0.85
Accrued Expenses	151.18	115	97.91	93.37	83.2
Current Portion of Long-Term Debt	250.53	-	-	-	-
Current Portion of Leases	10.85	10.05	9.87	8.79	-
Current Unearned Revenue	290.11	181.05	110.55	104.22	98.59
Other Current Liabilities	2.9	0.01	7.45	0.06	-
Total Current Liabilities	709.89	306.78	228.74	211.77	182.64
Long-Term Debt	450.24	250.48	248.96	225.33	218.46
Long-Term Leases	42.79	51.31	57.63	68.69	54.54
Long-Term Unearned Revenue	2.21	0.89	1.5	2.57	2.78
Other Long-Term Liabilities	0.54	2.06	2.41	0.71	0.27
Total Liabilities	1,209	614.26	541.61	511.94	461.41
Common Stock	0.11	0.11	0.11	0.11	0.1
Additional Paid-In Capital	1,193	1,143	1,055	1,018	395.35
Retained Earnings	-740.16	-644.39	-543.47	-427.6	-310.74
Comprehensive Income & Other	2.68	-8.65	-9.56	6.08	9.37
Shareholders' Equity	455.66	489.65	502.13	596.59	94.07
Total Liabilities & Equity	1,664	1,104	1,044	1,109	555.48
Total Debt	754.41	311.84	316.46	302.82	273
Net Cash (Debt)	475.18	433.98	416.43	505.12	25.62
Net Cash Growth	9.49%	4.21%	-17.56%	1871.65%	-59.80%
Net Cash Per Share	4.26	3.98	3.81	4.80	0.27
Filing Date Shares Outstanding	112.55	109.1	107.62	107.51	95.5
Total Common Shares Outstanding	112.55	109.1	107.67	107.51	95.46
Working Capital	168.19	460.38	676.91	747.44	237.21
Book Value Per Share	4.05	4.49	4.66	5.55	0.99
Tangible Book Value	432.52	465.25	476.2	569.15	65.09
Tangible Book Value Per Share	3.84	4.26	4.42	5.29	0.68
Machinery	37.01	33.61	34.72	29.98	24.58
Leasehold Improvements	45.06	45.88	45.52	42.42	37.39

Source: S&P Capital IQ. Standard template. Financial Sources.