Napatech Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	127.47	64.34	42.37	11.96	39.45
Cash & Short-Term Investments	127.47	64.34	42.37	11.96	39.45
Cash Growth	98.12%	51.87%	254.18%	-69.68%	-37.08%
Accounts Receivable	37.73	19.38	37.59	59.55	37.55
Other Receivables	17.18	30.11	21.77	14.31	4.92
Receivables	54.91	49.49	59.35	73.86	42.47
Inventory	56.68	69.88	35.57	38.85	24.12
Prepaid Expenses	4.45	5.15	2.34	1.16	-
Total Current Assets	243.51	188.86	139.63	125.84	106.04
Property, Plant & Equipment	9.99	14.41	12.59	10.89	14.33
Other Intangible Assets	16.83	25.08	40.54	55.84	45.29
Long-Term Deferred Tax Assets	-	-	-	-	9.72
Other Long-Term Assets	1.64	1.59	1.54	1.4	1.36
Total Assets	271.96	229.93	194.3	193.97	176.73
Accounts Payable	8.11	5.79	5.73	11.82	10.99
Current Portion of Long-Term Debt	23.37	36.1	35.5	33.77	9.06
Current Portion of Leases	3.21	3.12	3.28	2.93	2.73
Current Unearned Revenue	5.83	3.24	4.64	30.57	2.68
Other Current Liabilities	12.71	8.95	12.5	6.54	8.39
Total Current Liabilities	53.24	57.2	61.65	85.63	33.85
Long-Term Debt	4.68	6.81	8.6	9.76	-
Long-Term Leases	3.35	6.41	4.85	2.02	4.55
Long-Term Unearned Revenue	1.34	1.55	3.05	3.74	-
Other Long-Term Liabilities	4.65	4.54	4.43	4.57	4.86
Total Liabilities	67.26	76.5	82.59	105.71	43.25
Common Stock	27.54	25	22.54	20.77	20.77
Additional Paid-In Capital	606.87	483.06	343.06	290.46	290.44
Retained Earnings	-452.83	-373.52	-262.22	-234.56	-186.25
Treasury Stock	-0.62	-0.62	-2.11	-2.52	-
Comprehensive Income & Other	23.73	19.5	10.44	14.1	8.51
Shareholders' Equity	204.69	153.42	111.71	88.26	133.47
Total Liabilities & Equity	271.96	229.93	194.3	193.97	176.73
Total Debt	34.61	52.43	52.24	48.47	16.33
Net Cash (Debt)	92.86	11.91	-9.87	-36.51	23.12
Net Cash Growth	679.86%	-	-	-	-42.80%
Net Cash Per Share	0.88	0.12	-0.11	-0.44	0.27
Filing Date Shares Outstanding	110.16	99.99	89.96	82.84	83.09
Total Common Shares Outstanding	110.07	99.93	89.96	82.84	83.1
Working Capital	190.27	131.66	77.98	40.22	72.19
Book Value Per Share	1.86	1.54	1.24	1.07	1.61
Tangible Book Value	187.87	128.35	71.17	32.42	88.18
Tangible Book Value Per Share	1.71	1.28	0.79	0.39	1.06
Machinery	20.23	19.27	15.11	12.95	39
Leasehold Improvements	2.12	2	1.7	1.7	5.98

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.