Ethema Health Balance Sheet

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

Millions USD. 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	0.11	0.24	0.07	0.14	0.05	0.09
Short-Term Investments	-	-	-	-	-	0.69
Cash & Short-Term Investments	0.11	0.24	0.07	0.14	0.05	0.78
Cash Growth	87.36%	256.95%	-51.28%	188.31%	-93.75%	26150.39%
Accounts Receivable	2.44	0.26	0.31	0.34	0.18	0
Receivables	2.44	0.26	0.31	0.34	0.18	0
Prepaid Expenses	0.06	0.02	0.02	0.04	0.03	0.02
Other Current Assets	0	-	0	0.02	0.02	0.13
Total Current Assets	2.61	0.53	0.4	0.54	0.27	0.94
Property, Plant & Equipment	20.54	10.62	9.83	4.37	4.67	2.88
Long-Term Investments	-	0.47	0.39	0.4	-	-
Other Intangible Assets	3.11	0.54	0.89	1.25	1.61	-
Other Long-Term Assets	0.51	-	-	-	0.01	0.01
Total Assets	30.27	12.16	11.52	6.56	6.55	3.82
Accounts Payable	1.43	0.76	0.35	0.17	0.44	0.83
Accrued Expenses	-	-	-	0.07	0.27	0.22
Short-Term Debt	7.39	6.95	5.1	5.73	5.01	4.32
Current Portion of Long-Term Debt	0.78	0.02	0.01	3.52	4.02	0.27
Current Portion of Leases	1.04	0.31	0.05	0.29	0.25	-
Current Income Taxes Payable	-	-	-	0.17	0.39	0.38
Other Current Liabilities	4.13	1.61	2.78	3.33	3.14	7.84
Total Current Liabilities	14.76	9.65	8.3	13.29	13.52	13.86
Long-Term Debt	3.99	0.01	0.02	0.66	0.69	4.58
Long-Term Leases	18.73	9.96	9.4	1.23	1.53	-
Long-Term Deferred Tax Liabilities	0.74	-	-	0.22	0.27	-
Total Liabilities	38.84	19.62	17.72	15.4	16.01	18.45
Common Stock	77.26	77.29	37.29	37.29	35.79	20.27
Additional Paid-In Capital	25.01	24.99	26.19	23.42	22.79	23.34
Retained Earnings	-45.53	-44.42	-42.36	-43.48	-44.1	-42.46
Comprehensive Income & Other	-65.36	-65.36	-27.36	-27.37	-25.2	-16.92
Total Common Equity	-8.62	-7.51	-6.24	-10.14	-10.72	-15.77
Minority Interest	-	-	-	0.87	0.82	0.7
Shareholders' Equity	-8.57	-7.46	-6.2	-8.83	-9.46	-14.63
Total Liabilities & Equity	30.27	12.16	11.52	6.56	6.55	3.82
Total Debt	31.93	17.24	14.58	11.43	11.5	9.17
Net Cash (Debt)	-31.81	-16.99	-14.51	-11.29	-11.46	-8.39
Net Cash Per Share	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00
Filing Date Shares Outstanding	7,726	7,726	3,729	3,729	3,729	2,270
Total Common Shares Outstanding	7,726	7,729	3,729	3,729	3,579	2,207
Working Capital	-12.15	-9.13	-7.9	-12.75	-13.25	-12.93
Book Value Per Share	-0.00	-0.00	-0.00	-0.00	-0.00	-0.01
Tangible Book Value	-15.23	-8.04	-7.14	-11.4	-12.33	-15.77
Tangible Book Value Per Share	-0.00	-0.00	-0.00	-0.00	-0.00	-0.01
Machinery	1.14	0.46	-	-	-	-
Leasehold Improvements	0.61	0.51	-	-	-	-

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