MilDef Group 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	241.4	148.6	530.4	81.5	59.9	169.2
Cash & Short-Term Investments	241.4	148.6	530.4	81.5	59.9	169.2
Cash Growth	16.11%	-71.98%	550.80%	36.06%	-64.60%	261.54%
Accounts Receivable	445.8	548.9	351.5	326.7	274.1	146.1
Other Receivables	196.8	82	53	37.5	41.9	25.7
Receivables	642.6	630.9	404.5	364.2	316	171.8
Inventory	566.5	531.8	234.4	290.2	236.5	85.8
Prepaid Expenses	-	23	12.9	9.8	8.3	4.8
Other Current Assets	-	-	-	3	1	0.1
Total Current Assets	1,451	1,334	1,182	748.7	621.7	431.7
Property, Plant & Equipment	247.5	254.6	90.4	122	102.3	74.3
Goodwill	-	-	-	-	466.6	201.2
Other Intangible Assets	1,263	1,265	378.9	576.7	132.5	84.5
Long-Term Deferred Tax Assets	52.3	41.5	19.2	9.5	14.3	5.6
Long-Term Deferred Charges	7.5	8.5	12.7	68.5	56.2	10.7
Other Long-Term Assets	0.7	3.4	0.3	0.3	0.3	0.2
Total Assets	3,021	2,907	1,684	1,526	1,394	808.2
Accounts Payable	246	169.8	85.6	114	105.1	39.5
Accrued Expenses	-	57.6	37.7	47.3	38.5	23.9
Current Portion of Long-Term Debt	57	98	31.4	131.4	53.1	9.7
Current Portion of Leases	39.2	39.7	25.8	27.1	16.2	8.6
Current Income Taxes Payable	-	73.4	28.8	9.2	11.2	5.4
Current Unearned Revenue	-	104.7	103.2	57.4	38.9	12.8
Other Current Liabilities	351.6	104.1	81.5	53.3	62.5	32.8
Total Current Liabilities	693.8	647.3	394	439.7	325.5	132.7
Long-Term Debt	442.1	452.3	102.5	132.5	174.8	31.7
Long-Term Leases	169.1	182.8	60.7	76.4	70.6	52.1
Long-Term Deferred Tax Liabilities	101.3	105	24.8	32.6	35.1	23.5
Other Long-Term Liabilities	-	-1.2	-	-0.1	-	-
Total Liabilities	1,406	1,386	582	681.1	606	240
Common Stock	1,615	11.8	11.4	10	10	9.1
Additional Paid-In Capital	-	1,541	1,223	729.3	729.3	507
Retained Earnings	-	-8.5	-131.7	108.6	39.6	52.7
Comprehensive Income & Other	-	-24.5	-0.8	-3.3	9	-0.6
Total Common Equity	1,615	1,519	1,102	844.6	787.9	568.2
Minority Interest	-	1.3	-	-	-	-
Shareholders' Equity	1,615	1,521	1,102	844.6	787.9	568.2
Total Liabilities & Equity	3,021	2,907	1,684	1,526	1,394	808.2
Total Debt	707.4	772.8	220.4	367.4	314.7	102.1
Net Cash (Debt)	-466	-624.2	310	-285.9	-254.8	67.1
Net Cash Per Share	-9.89	-13.32	7.64	-7.09	-6.73	2.56
Filing Date Shares Outstanding	47.09	47.09	45.57	39.86	39.86	36.39
Total Common Shares Outstanding	47.09	47.09	45.57	39.86	39.86	36.39
Working Capital	756.7	687	788.2	309	296.2	299
Book Value Per Share	34.29	32.26	24.17	21.19	19.77	15.61
Tangible Book Value	352.2	254.8	722.8	267.9	188.8	282.5
Tangible Book Value Per Share	7.48	5.41	15.86	6.72	4.74	7.76
Machinery	-	63.4	29.4	28.8	20.5	15.9
Leasehold Improvements	-	23.2	12.8	10.8	9.9	7.8
Order Backlog	-	-	-	1,327	-	732

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