Napatech Balance Sheet

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

Millions DKK. 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	99.05	127.47	64.34	42.37	11.96	39.45
Cash & Short-Term Investments	99.05	127.47	64.34	42.37	11.96	39.45
Cash Growth	186.30%	98.12%	51.87%	254.18%	-69.68%	-37.08%
Accounts Receivable	24.12	37.73	19.38	37.59	59.55	37.55
Other Receivables	17.32	17.18	30.11	21.77	14.31	4.92
Receivables	41.43	54.91	49.49	59.35	73.86	42.47
Inventory	61.07	56.68	69.88	35.57	38.85	24.12
Prepaid Expenses	4.4	4.45	5.15	2.34	1.16	-
Total Current Assets	205.96	243.51	188.86	139.63	125.84	106.04
Property, Plant & Equipment	8.72	9.99	14.41	12.59	10.89	14.33
Other Intangible Assets	15.8	16.83	25.08	40.54	55.84	45.29
Long-Term Deferred Tax Assets	-	-	-	-	-	9.72
Other Long-Term Assets	1.64	1.64	1.59	1.54	1.4	1.36
Total Assets	232.11	271.96	229.93	194.3	193.97	176.73
Accounts Payable	12.34	8.11	5.79	5.73	11.82	10.99
Current Portion of Long-Term Debt	2.07	23.37	36.1	35.5	33.77	9.06
Current Portion of Leases	3.23	3.21	3.12	3.28	2.93	2.73
Current Unearned Revenue	4.92	5.83	3.24	4.64	30.57	2.68
Other Current Liabilities	10.14	12.71	8.95	12.5	6.54	8.39
Total Current Liabilities	32.7	53.24	57.2	61.65	85.63	33.85
Long-Term Debt	4.18	4.68	6.81	8.6	9.76	-
Long-Term Leases	2.53	3.35	6.41	4.85	2.02	4.55
Long-Term Unearned Revenue	1.95	1.34	1.55	3.05	3.74	-
Other Long-Term Liabilities	4.31	4.65	4.54	4.43	4.57	4.86
Total Liabilities	45.67	67.26	76.5	82.59	105.71	43.25
Common Stock	27.56	27.54	25	22.54	20.77	20.77
Additional Paid-In Capital	607.31	606.87	483.06	343.06	290.46	290.44
Retained Earnings	-467.36	-452.83	-373.52	-262.22	-234.56	-186.25
Treasury Stock	-0.62	-0.62	-0.62	-2.11	-2.52	-
Comprehensive Income & Other	19.55	23.73	19.5	10.44	14.1	8.51
Shareholders' Equity	186.44	204.69	153.42	111.71	88.26	133.47
Total Liabilities & Equity	232.11	271.96	229.93	194.3	193.97	176.73
Total Debt	12.01	34.61	52.43	52.24	48.47	16.33
Net Cash (Debt)	87.04	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	173.26	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	170.65	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