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	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	22.69	20.29	35.37	2.71	7.23	1.16
Short-Term Investments	-	1.89	0.88	-	-	-
Trading Asset Securities	8.32	8.03	-	-	-	-
Cash & Short-Term Investments	31.01	30.21	36.25	2.71	7.23	1.16
Cash Growth	-2.65%	-16.66%	1238.92%	-62.56%	521.85%	-12.60%
Accounts Receivable	0.59	2.66	0.46	0.32	0.22	0.17
Other Receivables	0	3.81	0.4	-	-	-
Receivables	240.44	222.65	1.92	0.38	0.22	0.17
Inventory	3.07	3	0.07	-	-	-
Prepaid Expenses	1.27	1.44	0.75	0.55	0.02	0
Other Current Assets	0.75	0	0	-	-	-
Total Current Assets	276.53	257.3	38.99	3.63	7.48	1.34
Property, Plant & Equipment	16.61	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	1.23	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	-0.01	0.28	0.59	0.08	0.01	0
Total Assets	304.14	283.85	48.44	7.32	8.79	2.04
Accounts Payable	-	1.71	0.52	0.61	0.09	0.04
Accrued Expenses	2.15	3.67	1.14	0.25	0.3	0.2
Current Portion of Long-Term Debt	27.63	46.54	-	-	-	-
Current Portion of Leases	-	1.09	-	-	-	-
Current Income Taxes Payable	3.4	2.96	0.2	0.21	0.1	0.05
Other Current Liabilities	18.27	32.44	15.4	-	-	-
Total Current Liabilities	51.45	88.39	17.25	1.06	0.49	0.28
Long-Term Debt	98.41	78.45	-	-	-	-
Long-Term Leases	4.64	3.8	2.04	0.05	0.09	0.04
Pension & Post-Retirement Benefits	0.06	-	-	-	0.12	0.07
Other Long-Term Liabilities	75.56	40.17	17.03	0.33	0	0
Total Liabilities	230.11	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	-17.24	-18.14	-10.43	-5.4	-2.72	-1.45
Comprehensive Income & Other	0.45	0.39	0.27	0.38	0.18	0.01
Total Common Equity	58.53	54.13	12.12	5.87	8.09	1.65
Minority Interest	15.5	18.9	-	-	-	-
Shareholders' Equity	74.03	73.03	12.12	5.87	8.09	1.65
Total Liabilities & Equity	304.14	283.85	48.44	7.32	8.79	2.04
Total Debt	130.67	129.88	2.04	0.05	0.09	0.04
Net Cash (Debt)	-99.67	-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	-14.39	-17.92	7.52	0.73	2.20	0.37
Filing Date Shares Outstanding	10.34	10	4.76	3.8	3.57	3.02
Total Common Shares Outstanding	10.34	10	4.76	3.8	3.57	3.02
Working Capital	225.08	168.91	21.75	2.57	6.99	1.06
Book Value Per Share	5.66	5.41	2.55	1.55	2.27	0.55
Tangible Book Value	57.17	41.84	7.68	3.85	7.91	1.55
Tangible Book Value Per Share	5.53	4.18	1.61	1.01	2.22	0.51
Land	-	0.1	-	-	-	-
Buildings	-	0.1	-	-	-	-
Leasehold Improvements	-	1.44	0.37	-	-	-