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 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	475.85	487.25	566.72	87.97	173.55	138.2
Cash & Short-Term Investments	475.85	487.25	566.72	87.97	173.55	138.2
Cash Growth	-9.17%	-14.02%	544.20%	-49.31%	25.57%	-33.72%
Accounts Receivable	1.42	16.06	-	-	-	-
Other Receivables	4.06	4.99	1.94	-	5.1	1.38
Total Trade Receivables	5.48	21.05	1.94	-	5.1	1.38
Other Current Assets	21.46	28.55	31.81	6.12	6.24	5.77
Total Current Assets	502.79	536.85	600.47	94.09	184.88	145.36
Net Property, Plant & Equipment	7.57	9.41	0.54	0.25	0.89	1.82
Other Long-Term Assets	1.29	0.3	0	0.07	0	0
Total Assets	511.64	546.56	601.01	94.41	185.77	147.18
Accounts Payable	29.52	48.46	18.93	16.45	16.95	9.19
Accrued Expenses	23.21	20.83	16.9	6.83	20.47	7.51
Short-Term Debt	45.79	-	-	130.34	-	-
Current Portion of Leases	3.17	3.11	0.11	0.02	0.54	0.85
Unearned Revenue	35.71	54.53	-	-	-	-
Other Current Liabilities	36.56	9.86	9.56	10.78	8.14	1.92
Total Current Liabilities	173.96	136.79	45.49	164.42	46.1	19.47
Long-Term Leases	3.96	4.79	0.19	-	-	0.61
Other Long-Term Liabilities	52.67	35.59	-	6.79	12.8	-
Total Long-Term Liabilities	56.63	40.37	0.19	6.79	12.8	0.61
Total Liabilities	230.59	177.17	45.68	171.21	58.9	20.08
Common Stock	0.92	0.92	0.92	0.51	0.51	0.26
Additional Paid-in Capital	1,298	1,298	1,298	503.52	503.69	276.74
Accumulated Other Comprehensive Income	23.71	23.53	28.67	26	16.84	-4.82
Retained Earnings	-1,041	-952.8	-772	-606.84	-394.16	-145.08
Shareholders' Equity	281.05	369.39	555.33	-76.8	126.87	127.1
Total Liabilities & Equity	511.64	546.56	601.01	94.41	185.77	147.18
Total Debt	52.93	7.9	0.3	130.37	0.54	1.46
Net Cash (Debt)	422.92	479.36	566.42	-42.39	173	136.75
Net Cash Growth	-19.21%	-15.37%	-	-	26.51%	-34.41%
Net Cash Per Share	9.08	10.29	15.28	-1.62	7.51	6.48
Book Value	281.05	369.39	555.33	-76.8	126.87	127.1
Book Value Per Share	6.04	7.93	14.98	-2.93	5.51	6.03
Tangible Book Value	281.05	369.39	555.33	-76.8	126.87	127.1
Tangible Book Value Per Share	6.04	7.93	14.98	-2.93	5.51	6.03