Mentice AB Balance Sheet

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

Millions SEK. 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	33.38	53.59	59.12	47.29	12.7
Cash & Short-Term Investments	33.38	53.59	59.12	47.29	12.7
Cash Growth	-37.71%	-9.36%	25.03%	272.41%	-73.96%
Accounts Receivable	104.81	97.49	85.5	85.58	68.32
Other Receivables	6.24	6.12	6.75	6.39	12.56
Receivables	111.06	103.61	92.24	91.97	80.89
Inventory	17.76	17.42	14.1	16.86	9.2
Prepaid Expenses	13.75	10.4	11.6	8.73	10.99
Other Current Assets	0	-0	-	-	0.01
Total Current Assets	175.94	185.01	177.06	164.84	113.78
Property, Plant & Equipment	26.38	16.36	19.9	27.94	28.15
Goodwill	48.51	48.51	48.51	48.07	42.29
Other Intangible Assets	22.23	27.07	31.88	38.06	17.95
Long-Term Deferred Tax Assets	0.68	5.42	8.03	9.78	13.97
Long-Term Deferred Charges	38.29	41.53	37.14	44.29	45.77
Total Assets	312.02	323.9	322.53	332.98	261.9
Accounts Payable	10.22	12.94	15.58	14.23	9
Accrued Expenses	142.69	40.72	100.8	24.96	15.75
Current Portion of Leases	7.5	4.41	7.41	7.8	4.62
Current Income Taxes Payable	-	-	-	0.1	0.32
Current Unearned Revenue	-	112.32	26.83	102.51	81.09
Other Current Liabilities	3.92	5.12	10.78	11.86	4.15
Total Current Liabilities	164.32	175.51	161.41	161.47	114.93
Long-Term Leases	9.33	4.73	2.14	8.88	10.09
Other Long-Term Liabilities	-0	-0	-	-	-
Total Liabilities	173.65	180.24	163.55	170.34	125.02
Common Stock	1.41	1.28	1.28	1.28	1.24
Additional Paid-In Capital	232.98	201.73	201.39	201.17	144.76
Retained Earnings	-91.63	-60.01	-42.26	-39.44	-10.02
Comprehensive Income & Other	-4.38	0.66	-1.43	-0.37	0.91
Shareholders' Equity	138.38	143.66	158.97	162.64	136.89
Total Liabilities & Equity	312.02	323.9	322.53	332.98	261.9
Total Debt	16.82	9.14	9.56	16.68	14.7
Net Cash (Debt)	16.56	44.45	49.56	30.61	-2.01
Net Cash Growth	-62.76%	-10.32%	61.92%	-	-
Net Cash Per Share	0.59	1.74	1.94	1.21	-0.08
Filing Date Shares Outstanding	28.13	25.57	25.57	25.57	24.77
Total Common Shares Outstanding	28.13	25.57	25.57	25.57	24.77
Working Capital	11.62	9.5	15.65	3.38	-1.15
Book Value Per Share	4.92	5.62	6.22	6.36	5.53
Tangible Book Value	67.64	68.09	78.58	76.5	76.65
Tangible Book Value Per Share	2.40	2.66	3.07	2.99	3.09
Machinery	-	19.99	36.53	-	-
Leasehold Improvements	-	0.43	0.43	-	-
Order Backlog	-	138	156	126	87.1

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