IPAS Indexo AS Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	38.64	20.29	35.37	2.71	7.23	1.16
Short-Term Investments	-	1.89	0.88	-	-	-
Trading Asset Securities	8.11	8.03	-	-	-	-
Cash & Short-Term Investments	46.75	30.21	36.25	2.71	7.23	1.16
Cash Growth	65.76%	-16.66%	1238.92%	-62.56%	521.85%	-12.60%
Accounts Receivable	-	2.66	0.46	0.32	0.22	0.17
Other Receivables	0	3.81	0.4	-	-	-
Receivables	262.19	222.65	1.92	0.38	0.22	0.17
Inventory	3.22	3	0.07	-	-	-
Prepaid Expenses	1.18	1.44	0.75	0.55	0.02	0
Other Current Assets	-	0	0	-	-	-
Total Current Assets	313.33	257.3	38.99	3.63	7.48	1.34
Property, Plant & Equipment	16.46	5.91	2.58	-	0.08	0.05
Long-Term Investments	7.79	6.18	0.26	0.19	0.06	0.01
Goodwill	0.13	0.13	-	-	-	-
Other Intangible Assets	1.15	12.17	4.45	2.02	0.18	0.11
Long-Term Deferred Tax Assets	0.33	0.35	-	-	-	-
Long-Term Deferred Charges	1.52	1.53	1.57	1.39	0.99	0.54
Other Long-Term Assets	3.58	0.28	0.59	0.08	0.01	0
Total Assets	344.29	283.85	48.44	7.32	8.79	2.04
Accounts Payable	-	1.71	0.52	0.61	0.09	0.04
Accrued Expenses	-	3.67	1.14	0.25	0.3	0.2
Current Portion of Long-Term Debt	-	46.54	-	-	-	-
Current Portion of Leases	-	1.09	-	-	-	-
Current Income Taxes Payable	3.9	2.96	0.2	0.21	0.1	0.05
Other Current Liabilities	-	32.44	15.4	-	-	-
Total Current Liabilities	3.9	88.39	17.25	1.06	0.49	0.28
Long-Term Debt	136.52	78.45	-	-	-	-
Long-Term Leases	4.42	3.8	2.04	0.05	0.09	0.04
Pension & Post-Retirement Benefits	-	-	-	-	0.12	0.07
Other Long-Term Liabilities	134.61	40.17	17.03	0.33	0	0
Total Liabilities	279.45	210.81	36.32	1.44	0.7	0.39
Common Stock	10.34	10	4.76	3.8	3.57	3.02
Additional Paid-In Capital	64.98	61.89	17.53	7.09	7.06	0.08
Retained Earnings	-24.28	-18.14	-10.43	-5.4	-2.72	-1.45
Comprehensive Income & Other	0.46	0.39	0.27	0.38	0.18	0.01
Total Common Equity	51.5	54.13	12.12	5.87	8.09	1.65
Minority Interest	13.34	18.9	-	-	-	-
Shareholders' Equity	64.84	73.03	12.12	5.87	8.09	1.65
Total Liabilities & Equity	344.29	283.85	48.44	7.32	8.79	2.04
Total Debt	140.94	129.88	2.04	0.05	0.09	0.04
Net Cash (Debt)	-94.19	-99.67	34.21	2.66	7.14	1.12
Net Cash Growth	-	-	1185.66%	-62.74%	535.57%	-14.61%
Net Cash Per Share	-11.38	-17.92	7.52	0.73	2.20	0.37
Filing Date Shares Outstanding	10.46	10	4.76	3.8	3.57	3.02
Total Common Shares Outstanding	10.46	10	4.76	3.8	3.57	3.02
Working Capital	309.43	168.91	21.75	2.57	6.99	1.06
Book Value Per Share	4.92	5.41	2.55	1.55	2.27	0.55
Tangible Book Value	50.22	41.84	7.68	3.85	7.91	1.55
Tangible Book Value Per Share	4.80	4.18	1.61	1.01	2.22	0.51
Land	-	0.1	-	-	-	-
Buildings	-	0.1	-	-	-	-
Leasehold Improvements	-	1.44	0.37	-	-	-