Cinclus Pharma Holding AB Balance Sheet

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

Millions SEK. 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	540.22	566.72	87.97	173.55	138.2	208.5
Cash & Short-Term Investments	540.22	566.72	87.97	173.55	138.2	208.5
Cash Growth	-16.15%	544.20%	-49.31%	25.57%	-33.72%	1449.96%
Accounts Receivable	0.62	4.58	-	-	-	-
Other Receivables	2.72	2.93	3.98	10.23	1.38	0.17
Receivables	3.34	7.51	3.98	10.23	1.38	0.17
Prepaid Expenses	33.91	1.23	2.14	1.11	0.39	0.11
Other Current Assets	-	25.02	-	-	5.38	3.6
Total Current Assets	577.46	600.47	94.09	184.88	145.36	212.39
Property, Plant & Equipment	10.14	0.54	0.32	0.89	1.82	0.02
Other Long-Term Assets	0.3	0	0	0	0	0.07
Total Assets	587.9	601.01	94.41	185.77	147.18	212.47
Accounts Payable	20.97	18.93	16.45	16.95	9.19	5.42
Accrued Expenses	33.31	16.9	6.83	20.47	7.51	0.64
Short-Term Debt	-	-	131.01	-	-	-
Current Portion of Leases	3.05	0.11	0.02	0.54	0.85	-
Current Income Taxes Payable	0.16	7.45	7.22	5.4	-	-
Other Current Liabilities	3.04	2.11	2.9	2.74	1.92	0.43
Total Current Liabilities	95.03	45.49	164.42	46.1	19.47	6.49
Long-Term Leases	5.6	0.19	-	-	0.61	-
Other Long-Term Liabilities	-0	-	6.79	12.8	-	-
Total Liabilities	157.99	45.68	171.21	58.9	20.08	6.49
Common Stock	0.92	0.92	0.51	0.51	0.26	0.26
Additional Paid-In Capital	1,298	1,298	503.52	503.69	276.74	271.72
Retained Earnings	-892.4	-772	-606.84	-394.16	-145.08	-68.82
Comprehensive Income & Other	23.66	28.67	26	16.84	-4.82	2.82
Shareholders' Equity	429.91	555.33	-76.8	126.87	127.1	205.99
Total Liabilities & Equity	587.9	601.01	94.41	185.77	147.18	212.47
Total Debt	8.65	0.3	131.03	0.54	1.46	-
Net Cash (Debt)	531.57	566.42	-43.06	173	136.75	208.5
Net Cash Growth	-17.44%	-	-	26.51%	-34.41%	1449.96%
Net Cash Per Share	11.42	15.29	-1.64	7.51	6.48	841.82
Filing Date Shares Outstanding	46.54	46.54	26.23	0.33	0.26	0.25
Total Common Shares Outstanding	46.54	46.54	26.23	0.33	0.26	0.25
Working Capital	482.44	554.97	-70.33	138.78	125.89	205.9
Book Value Per Share	9.24	11.93	-2.93	387.00	481.30	831.67
Tangible Book Value	429.91	555.33	-76.8	126.87	127.1	205.99
Tangible Book Value Per Share	9.24	11.93	-2.93	387.00	481.30	831.67

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