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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	131.1	155.4	197.4	148.2	113.4	67.8
Cash & Short-Term Investments	131.1	155.4	197.4	148.2	113.4	67.8
Cash Growth	-18.32%	-21.28%	33.20%	30.69%	67.26%	11.70%
Accounts Receivable	77.2	101.9	78	66.6	58.9	58.7
Other Receivables	-	32.5	26.9	20.9	29.8	49.7
Receivables	77.2	134.4	104.9	87.5	88.7	108.4
Inventory	10.6	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	57.3	-	-	-	-	-
Total Current Assets	276.2	312.4	325.3	259.6	225.7	196
Property, Plant & Equipment	42.9	55	64.9	85	50.1	54.4
Long-Term Investments	3.2	-	-	-	-	-
Goodwill	117.5	117.5	117.5	366.6	355.9	332.7
Other Intangible Assets	214.7	205.3	181.7	204.1	175.6	244
Long-Term Deferred Tax Assets	29.5	30.7	7.4	3.2	2.5	3.5
Other Long-Term Assets	-0.1	3.3	3.2	3.7	3	2.9
Total Assets	683.9	724.2	700	922.2	812.8	833.5
Accounts Payable	8.4	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	14.9	20.1	16.8	19	18.5	17.1
Current Income Taxes Payable	-	7.2	18	3.1	1.8	-
Current Unearned Revenue	130.6	131.4	126.8	115.3	91.2	84.3
Other Current Liabilities	39.2	13.1	5.8	9.6	9.9	10.5
Total Current Liabilities	193.1	206.5	197.6	173.3	178.5	150.1
Long-Term Leases	15.7	24.8	34.9	50.3	19.5	31.7
Long-Term Deferred Tax Liabilities	32.4	28.4	42.6	30.3	28.4	37.2
Other Long-Term Liabilities	6.8	2	1.5	1.5	1.1	1.1
Total Liabilities	248	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	1.3	22.7	-14.9	238.6	179.8	246.9
Comprehensive Income & Other	66.8	72	70.5	60.4	37.8	-1
Shareholders' Equity	435.9	462.5	423.4	666.8	585.3	613.4
Total Liabilities & Equity	683.9	724.2	700	922.2	812.8	833.5
Total Debt	30.6	44.9	51.7	69.3	56	66.3
Net Cash (Debt)	100.5	110.5	145.7	78.9	57.4	1.5
Net Cash Growth	-11.61%	-24.16%	84.66%	37.46%	3726.67%	-
Net Cash Per Share	7.57	8.15	10.71	5.74	4.21	0.11
Filing Date Shares Outstanding	12.74	12.97	13.56	13.65	13.65	13.64
Total Common Shares Outstanding	12.74	12.97	13.56	13.65	13.65	13.64
Working Capital	83.1	105.9	127.7	86.3	47.2	45.9
Book Value Per Share	34.22	35.67	31.23	48.84	42.88	44.98
Tangible Book Value	103.7	139.7	124.2	96.1	53.8	36.7
Tangible Book Value Per Share	8.14	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.