Tile Shop Holdings 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	24.15	20.96	8.62	5.95	9.36	9.62
Cash & Short-Term Investments	24.15	20.96	8.62	5.95	9.36	9.62
Cash Growth	-3.64%	143.12%	44.92%	-36.44%	-2.69%	5.63%
Accounts Receivable	3.77	3.09	2.88	3.41	3.2	2.98
Other Receivables	1.37	0.85	0.13	3.86	6.92	8.12
Receivables	5.14	3.94	3.01	7.27	10.13	11.09
Inventory	87.24	86.27	93.68	120.95	97.18	74.3
Restricted Cash	-	-	-	1.81	0.66	0.66
Other Current Assets	8.42	8.66	9.25	10.42	9.77	9
Total Current Assets	124.94	119.82	114.56	146.4	127.08	104.65
Property, Plant & Equipment	183.61	192.59	193.41	189.6	205.39	231.41
Long-Term Deferred Tax Assets	5.23	4.89	5.26	6.54	6.95	5.34
Other Long-Term Assets	1.66	2.3	3.45	3.29	1.34	1.29
Total Assets	315.44	319.6	316.67	345.82	340.76	342.69
Accounts Payable	24.07	23.81	23.35	23.51	30.88	15.38
Accrued Expenses	13.76	11.88	12.64	15.61	19.26	16.92
Current Portion of Leases	29.52	28.88	27.27	27.87	28.19	27.22
Current Income Taxes Payable	0.05	0.06	1.14	0	0.39	0.09
Current Unearned Revenue	10.48	10.88	10.72	11.32	13.79	12.23
Other Current Liabilities	3.36	2.89	3.64	4.99	5.2	4.96
Total Current Liabilities	81.23	78.39	78.75	83.29	97.71	76.8
Long-Term Debt	-	-	-	45.4	5	-
Long-Term Leases	106.34	113.7	112.7	103.35	110.26	122.68
Other Long-Term Liabilities	5.31	4.6	5.54	5.01	5.56	4.15
Total Liabilities	192.88	196.69	196.99	237.05	218.53	203.63
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	130.39	129.7	128.86	128	126.92	158.56
Retained Earnings	-7.84	-6.79	-9.11	-19.18	-4.71	-19.49
Comprehensive Income & Other	-	-	-0.07	-0.05	0.01	-0.01
Shareholders' Equity	122.56	122.91	119.69	108.77	122.22	139.06
Total Liabilities & Equity	315.44	319.6	316.67	345.82	340.76	342.69
Total Debt	135.86	142.58	139.96	176.62	143.45	149.9
Net Cash (Debt)	-111.71	-121.62	-131.34	-170.67	-134.09	-140.28
Net Cash Per Share	-2.55	-2.77	-3.01	-3.47	-2.63	-2.77
Filing Date Shares Outstanding	44.72	44.66	44.51	44.36	51.93	51.67
Total Common Shares Outstanding	44.72	44.66	44.51	44.38	51.96	51.7
Working Capital	43.71	41.43	35.81	63.11	29.37	27.85
Book Value Per Share	2.74	2.75	2.69	2.45	2.35	2.69
Tangible Book Value	122.56	122.91	119.69	108.77	122.22	139.06
Tangible Book Value Per Share	2.74	2.75	2.69	2.45	2.35	2.69
Land	-	0.9	0.9	0.9	0.9	0.9
Buildings	-	25.98	25.98	25.84	24.76	25.73
Machinery	-	245.2	237.6	236.94	225.73	222.93
Construction In Progress	-	1.92	2.87	1.65	0.68	0.77
Leasehold Improvements	-	107.32	102.24	99.95	98.53	97.51

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