Evolution AB (publ) (STO:EVO)

Evolution AB Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	505.26	801.47	985.76	532.55	421.43	221.68
Cash & Short-Term Investments	505.26	801.47	985.76	532.55	421.43	221.68
Cash Growth	-25.14%	-18.69%	85.10%	26.37%	90.11%	21.45%
Accounts Receivable	425.38	418.27	359.19	287.28	208.08	120.61
Other Receivables	603.25	744.45	333.08	252.5	149.57	143.95
Receivables	1,029	1,163	692.28	539.77	357.65	264.57
Inventory	-	9.14	7.17	7.69	3.52	1.48
Prepaid Expenses	40.57	19.32	25.09	16.93	17.52	3.98
Other Current Assets	-	13.23	11.97	12.43	9.29	7.53
Total Current Assets	1,574	2,006	1,722	1,109	809.41	499.23
Property, Plant & Equipment	250.59	232.96	191.6	190.08	134.47	106.37
Long-Term Investments	101.55	100.82	-	-	-	-
Goodwill	2,318	2,277	2,324	2,315	2,188	1,834
Other Intangible Assets	687.35	692.4	714.51	742.93	757.25	723.19
Long-Term Deferred Tax Assets	11.2	9.3	3.47	2.79	2.36	2.7
Other Long-Term Assets	10.55	28.87	17.64	8.87	11.1	3.3
Total Assets	4,954	5,347	4,973	4,369	3,903	3,169
Accounts Payable	13.7	16.05	13.06	10.09	8.58	15.34
Accrued Expenses	58.96	80.5	78.25	61.86	56.88	37.38
Current Portion of Leases	16.16	16.27	13.92	14.4	14.64	11.89
Current Income Taxes Payable	833.46	957.24	418.96	312.68	189.05	164.08
Current Unearned Revenue	-	1.68	3.61	2.74	4.34	6.33
Other Current Liabilities	47.02	31.35	33.52	24.13	96.64	133.18
Total Current Liabilities	969.29	1,103	561.32	425.89	370.13	368.2
Long-Term Leases	73.72	77.39	65.53	65.16	53.17	38.08
Long-Term Deferred Tax Liabilities	62.01	62.98	61.39	66.11	58.82	36.67
Other Long-Term Liabilities	118.23	129.87	279.02	351.93	230	-
Total Liabilities	1,225	1,375	967.27	909.09	712.12	442.94
Common Stock	0.65	0.65	0.65	0.65	0.65	0.64
Additional Paid-In Capital	2,431	2,429	2,412	2,404	2,406	2,226
Retained Earnings	1,521	1,809	1,801	1,271	802.97	462.17
Comprehensive Income & Other	-223.9	-267.3	-206.95	-215.28	-18.29	37.55
Shareholders' Equity	3,729	3,972	4,006	3,460	3,191	2,726
Total Liabilities & Equity	4,954	5,347	4,973	4,369	3,903	3,169
Total Debt	89.88	93.66	79.46	79.55	67.81	49.97
Net Cash (Debt)	415.37	707.81	906.3	453	353.62	171.71
Net Cash Growth	-30.28%	-21.90%	100.07%	28.10%	105.95%	9.03%
Net Cash Per Share	2.01	3.36	4.18	2.08	1.59	0.91
Filing Date Shares Outstanding	203.39	206.56	211.89	213.21	213.95	212.33
Total Common Shares Outstanding	203.39	206.56	212.77	213.21	213.95	212.33
Working Capital	605.17	902.81	1,161	683.48	439.28	131.03
Book Value Per Share	18.33	19.23	18.83	16.23	14.91	12.84
Tangible Book Value	723.44	1,003	967.7	402.02	245.22	168.65
Tangible Book Value Per Share	3.56	4.86	4.55	1.89	1.15	0.79
Land	-	4.13	1.66	1.66	1.66	1.66
Machinery	-	123.67	105.14	94.48	72.28	77.95
Construction In Progress	-	-	-	14.5	4.68	3.31
Leasehold Improvements	-	141.79	111.34	90.58	61.27	44.32

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.