Thinc Collective AB Balance Sheet

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

Millions SEK. 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	8.36	10.17	17.53	20.19	15.14	3.01
Cash & Short-Term Investments	8.36	10.17	17.53	20.19	15.14	3.01
Cash Growth	-27.68%	-42.00%	-13.18%	33.34%	403.29%	15.38%
Accounts Receivable	38.12	50.63	46.73	44.26	41.09	0.07
Other Receivables	10.21	7.82	5.75	5.96	1.81	1.1
Receivables	48.33	58.45	52.48	50.22	42.9	1.16
Inventory	0.18	0.17	0.14	0.12	0.32	-
Prepaid Expenses	7.98	0.86	0.78	0.5	5.13	0.09
Other Current Assets	-	0.12	0.31	0.2	-	0
Total Current Assets	64.84	69.77	71.25	71.22	63.5	4.26
Property, Plant & Equipment	16.41	13.02	7.45	0.43	0.64	-
Long-Term Investments	24.17	23.65	12.64	0.61	3.04	-
Goodwill	41.54	41.54	41.54	41.54	34.86	-
Other Intangible Assets	8.26	8.73	8.11	6.88	25.55	0.26
Long-Term Deferred Tax Assets	2.93	2.31	1.4	-	-	-
Other Long-Term Assets	0.23	0.23	0.23	0.36	0.4	0.02
Total Assets	158.38	159.24	142.61	121.04	127.98	4.54
Accounts Payable	20.53	27.67	26.53	20.31	20.08	1.01
Accrued Expenses	30.14	34.48	19.37	19.82	24.85	1
Short-Term Debt	21.14	6.19	1.6	0.27	1.19	-
Current Portion of Long-Term Debt	-	2.98	3.05	2.17	1.44	-
Current Portion of Leases	4.13	3.21	2.58	-	-	-
Current Income Taxes Payable	1.02	0.12	1.44	3.34	1.87	0.01
Current Unearned Revenue	-	5.29	10.99	9.66	-	-
Other Current Liabilities	16.19	15.72	15.04	12.47	10.15	1.82
Total Current Liabilities	93.15	95.64	80.58	68.03	59.58	3.85
Long-Term Debt	1.73	1.88	0.18	0.45	0.89	0.86
Long-Term Leases	9.54	7.48	3.7	-	-	-
Long-Term Deferred Tax Liabilities	3.68	3.28	2.49	1.31	5.64	-
Other Long-Term Liabilities	0.9	0.9	1.75	-	-	-0
Total Liabilities	108.99	109.17	88.7	69.8	66.11	4.71
Common Stock	18.77	18.77	17.97	17.01	17.01	2.6
Additional Paid-In Capital	29.97	29.97	27.8	-	25.78	28.43
Retained Earnings	-	-	-	-	-	-31.2
Comprehensive Income & Other	-16.84	-16.65	-10.58	14.71	5.13	-
Total Common Equity	31.9	32.1	35.19	31.72	47.91	-0.17
Minority Interest	17.49	17.98	18.72	19.52	13.95	-
Shareholders' Equity	49.39	50.07	53.91	51.24	61.87	-0.17
Total Liabilities & Equity	158.38	159.24	142.61	121.04	127.98	4.54
Total Debt	36.54	21.72	11.1	2.89	3.52	0.86
Net Cash (Debt)	-28.18	-11.56	6.43	17.3	11.62	2.15
Net Cash Growth	-	-	-62.83%	48.89%	441.74%	33.40%
Net Cash Per Share	-1.67	-0.69	0.40	1.12	1.30	1.56
Filing Date Shares Outstanding	17.06	17.06	16.33	15.46	28.56	2.36
Total Common Shares Outstanding	17.06	17.06	16.33	15.46	28.56	2.36
Working Capital	-28.31	-25.87	-9.33	3.2	3.92	0.42
Book Value Per Share	1.87	1.88	2.15	2.05	1.68	-0.07
Tangible Book Value	-17.89	-18.17	-14.46	-16.7	-12.5	-0.43
Tangible Book Value Per Share	-1.05	-1.06	-0.88	-1.08	-0.44	-0.18
Machinery	-	5.59	4.6	4.09	4.11	-
Leasehold Improvements	-	0.63	0.12	0.11	0.11	-

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