Maha Capital AB Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	51	8.94	88.29	19.52	25.54
Short-Term Investments	-	3.48	-	-	-
Trading Asset Securities	-	84.04	-	-	-
Cash & Short-Term Investments	51	96.46	88.29	19.52	25.54
Cash Growth	-47.13%	9.26%	352.30%	-23.56%	282.20%
Accounts Receivable	0.58	0.36	0.2	0.43	2.66
Other Receivables	-	0.91	0.89	0.14	3.29
Receivables	45.88	1.27	1.09	0.57	5.95
Inventory	-	0.19	0.22	0.17	0.25
Prepaid Expenses	0.12	0.21	0.56	0.59	1.24
Restricted Cash	12.34	1.12	30.83	-	-
Other Current Assets	-	7.08	9.81	153.99	-
Total Current Assets	109.35	106.31	130.79	174.84	32.97
Property, Plant & Equipment	0.03	15.18	14.99	43.22	131.07
Long-Term Investments	1.11	1.27	44.12	0.3	-
Other Intangible Assets	0.02	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	3.58
Other Long-Term Assets	4.98	4.98	12	-	0.49
Total Assets	115.49	127.75	201.9	218.36	168.11
Accounts Payable	0.86	0.83	3.02	3.65	8.14
Accrued Expenses	0.23	0.26	0.74	5.98	5.19
Current Portion of Long-Term Debt	-	-	22.5	19.5	11.25
Current Portion of Leases	-	0.1	0.1	0.08	1.07
Current Income Taxes Payable	-	-	-	-	1.51
Other Current Liabilities	-	6.04	7.81	19.89	-
Total Current Liabilities	1.09	7.22	34.16	49.09	27.16
Long-Term Debt	15.6	-	11.88	26.59	44.23
Long-Term Leases	-	0.32	0.49	0.08	2.39
Other Long-Term Liabilities	-	0.48	0.54	1.7	2.92
Total Liabilities	16.69	8.02	47.08	77.46	76.69
Common Stock	0.21	0.21	0.21	0.17	0.15
Additional Paid-In Capital	137.23	135.57	135.07	106.06	86.29
Retained Earnings	-23.33	1.41	33.98	67.93	45
Comprehensive Income & Other	-15.3	-17.46	-14.43	-33.27	-40.01
Shareholders' Equity	98.81	119.74	154.83	140.9	91.43
Total Liabilities & Equity	115.49	127.75	201.9	218.36	168.11
Total Debt	15.6	0.42	34.98	46.25	58.94
Net Cash (Debt)	35.4	96.04	53.31	-26.73	-33.41
Net Cash Growth	-63.14%	80.16%	-	-	-
Net Cash Per Share	0.21	0.56	0.32	-0.22	-0.30
Filing Date Shares Outstanding	175.63	176.92	178.44	143.62	119.72
Total Common Shares Outstanding	175.63	176.92	178.44	143.62	119.72
Working Capital	108.26	99.09	96.63	125.75	5.81
Book Value Per Share	0.56	0.68	0.87	0.98	0.76
Tangible Book Value	98.79	119.74	154.83	140.9	91.43
Tangible Book Value Per Share	0.56	0.68	0.87	0.98	0.76
Machinery	-	0.25	0.47	1.88	2.18

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.