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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4.97	4.4	10.17	17.53	20.19	15.14
Cash & Short-Term Investments	4.97	4.4	10.17	17.53	20.19	15.14
Cash Growth	-51.95%	-56.70%	-42.00%	-13.18%	33.34%	403.29%
Accounts Receivable	51.57	48.22	50.63	46.73	44.26	41.09
Other Receivables	4.46	10.17	7.82	5.75	5.96	1.81
Receivables	56.03	58.39	58.45	52.48	50.22	42.9
Inventory	0.15	0.15	0.17	0.14	0.12	0.32
Prepaid Expenses	7.47	1.14	0.86	0.78	0.5	5.13
Other Current Assets	-	0.12	0.12	0.31	0.2	-
Total Current Assets	68.62	64.21	69.77	71.25	71.22	63.5
Property, Plant & Equipment	14.61	15.42	13.02	7.45	0.43	0.64
Long-Term Investments	24.11	23.94	23.65	12.64	0.61	3.04
Goodwill	41.54	41.54	41.54	41.54	41.54	34.86
Other Intangible Assets	7.69	8.02	8.73	8.11	6.88	25.55
Long-Term Deferred Tax Assets	2.63	2.73	2.31	1.4	-	-
Other Long-Term Assets	0.23	0.23	0.23	0.23	0.36	0.4
Total Assets	159.43	156.07	159.24	142.61	121.04	127.98
Accounts Payable	22.58	22.48	27.67	26.53	20.31	20.08
Accrued Expenses	44.46	28.6	34.48	19.37	19.82	24.85
Short-Term Debt	9.5	11.62	6.19	1.6	0.27	1.19
Current Portion of Long-Term Debt	1.17	1.01	2.98	3.05	2.17	1.44
Current Portion of Leases	4.45	4.28	3.21	2.58	-	-
Current Income Taxes Payable	0.07	0.03	0.12	1.44	3.34	1.87
Current Unearned Revenue	-	3.31	5.29	10.99	9.66	-
Other Current Liabilities	13.86	18.93	15.72	15.04	12.47	10.15
Total Current Liabilities	96.08	90.26	95.64	80.58	68.03	59.58
Long-Term Debt	1.22	1.48	1.88	0.18	0.45	0.89
Long-Term Leases	7.65	8.46	7.48	3.7	-	-
Long-Term Deferred Tax Liabilities	3.12	3.38	3.28	2.49	1.31	5.64
Other Long-Term Liabilities	-	0.9	0.9	1.75	-	-
Total Liabilities	108.07	104.47	109.17	88.7	69.8	66.11
Common Stock	18.77	18.77	18.77	17.97	17.01	17.01
Additional Paid-In Capital	29.97	29.97	29.97	27.8	-	25.78
Comprehensive Income & Other	-16.27	-15.47	-16.65	-10.58	14.71	5.13
Total Common Equity	32.47	33.27	32.1	35.19	31.72	47.91
Minority Interest	18.89	18.33	17.98	18.72	19.52	13.95
Shareholders' Equity	51.36	51.6	50.07	53.91	51.24	61.87
Total Liabilities & Equity	159.43	156.07	159.24	142.61	121.04	127.98
Total Debt	23.99	26.84	21.72	11.1	2.89	3.52
Net Cash (Debt)	-19.02	-22.44	-11.56	6.43	17.3	11.62
Net Cash Growth	-	-	-	-62.83%	48.89%	441.74%
Net Cash Per Share	-1.11	-1.32	-0.69	0.40	1.12	1.30
Filing Date Shares Outstanding	17.06	17.06	17.06	16.33	15.46	28.56
Total Common Shares Outstanding	17.06	17.06	17.06	16.33	15.46	28.56
Working Capital	-27.46	-26.06	-25.87	-9.33	3.2	3.92
Book Value Per Share	1.90	1.95	1.88	2.15	2.05	1.68
Tangible Book Value	-16.76	-16.28	-18.17	-14.46	-16.7	-12.5
Tangible Book Value Per Share	-0.98	-0.95	-1.06	-0.88	-1.08	-0.44
Machinery	-	6.6	5.59	4.6	4.09	4.11
Leasehold Improvements	-	1.34	0.63	0.12	0.11	0.11

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