IAR Systems Group AB (publ) (STO:IAR.B)

IAR Systems Group AB Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	132.1	155.4	197.4	148.2	113.4	67.8
Cash & Short-Term Investments	132.1	155.4	197.4	148.2	113.4	67.8
Cash Growth	-32.53%	-21.28%	33.20%	30.69%	67.26%	11.70%
Accounts Receivable	102.7	101.9	78	66.6	58.9	58.7
Other Receivables	-	32.5	26.9	20.9	29.8	49.7
Receivables	102.7	134.4	104.9	87.5	88.7	108.4
Inventory	9.8	8.5	9.7	11.3	9.5	5.7
Prepaid Expenses	-	14.1	13.3	12.6	14.1	14.1
Other Current Assets	35.2	-	-	-	-	-
Total Current Assets	279.8	312.4	325.3	259.6	225.7	196
Property, Plant & Equipment	48.2	55	64.9	85	50.1	54.4
Long-Term Investments	3.1	-	-	-	-	-
Goodwill	117.5	117.5	117.5	366.6	355.9	332.7
Other Intangible Assets	211.3	205.3	181.7	204.1	175.6	244
Long-Term Deferred Tax Assets	30.6	30.7	7.4	3.2	2.5	3.5
Other Long-Term Assets	-	3.3	3.2	3.7	3	2.9
Total Assets	690.5	724.2	700	922.2	812.8	833.5
Accounts Payable	6.4	8.2	6.9	8.4	9.2	5
Accrued Expenses	-	26.5	23.3	17.9	29.9	15.7
Short-Term Debt	-	-	-	-	18	17.5
Current Portion of Leases	16.2	20.1	16.8	19	18.5	17.1
Current Income Taxes Payable	-	7.2	18	3.1	1.8	-
Current Unearned Revenue	128.8	131.4	126.8	115.3	91.2	84.3
Other Current Liabilities	27.4	13.1	5.8	9.6	9.9	10.5
Total Current Liabilities	178.8	206.5	197.6	173.3	178.5	150.1
Long-Term Leases	18.7	24.8	34.9	50.3	19.5	31.7
Long-Term Deferred Tax Liabilities	30.3	28.4	42.6	30.3	28.4	37.2
Other Long-Term Liabilities	6.3	2	1.5	1.5	1.1	1.1
Total Liabilities	234.1	261.7	276.6	255.4	227.5	220.1
Common Stock	139.7	139.7	139.7	139.7	139.7	139.7
Additional Paid-In Capital	228.1	228.1	228.1	228.1	228	227.8
Retained Earnings	21.5	22.7	-14.9	238.6	179.8	246.9
Comprehensive Income & Other	67.1	72	70.5	60.4	37.8	-1
Shareholders' Equity	456.4	462.5	423.4	666.8	585.3	613.4
Total Liabilities & Equity	690.5	724.2	700	922.2	812.8	833.5
Total Debt	34.9	44.9	51.7	69.3	56	66.3
Net Cash (Debt)	97.2	110.5	145.7	78.9	57.4	1.5
Net Cash Growth	-32.45%	-24.16%	84.66%	37.46%	3726.67%	-
Net Cash Per Share	7.24	8.15	10.71	5.74	4.21	0.11
Filing Date Shares Outstanding	12.79	12.97	13.56	13.65	13.65	13.64
Total Common Shares Outstanding	12.79	12.97	13.56	13.65	13.65	13.64
Working Capital	101	105.9	127.7	86.3	47.2	45.9
Book Value Per Share	35.70	35.67	31.23	48.84	42.88	44.98
Tangible Book Value	127.6	139.7	124.2	96.1	53.8	36.7
Tangible Book Value Per Share	9.98	10.77	9.16	7.04	3.94	2.69
Machinery	-	32.1	30.5	34.6	33	26
Leasehold Improvements	-	7.6	7.5	5.4	3.6	2.8

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