Mentice 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	56.22	33.38	53.59	59.12	47.29	12.7
Cash & Short-Term Investments	56.22	33.38	53.59	59.12	47.29	12.7
Cash Growth	38.64%	-37.71%	-9.36%	25.03%	272.41%	-73.96%
Accounts Receivable	72.09	104.81	97.49	85.5	85.58	68.32
Other Receivables	4.58	9.85	6.12	6.75	6.39	12.56
Receivables	76.68	114.66	103.61	92.24	91.97	80.89
Inventory	17.09	17.76	17.42	14.1	16.86	9.2
Prepaid Expenses	16.05	10.14	10.4	11.6	8.73	10.99
Other Current Assets	0	0	-0	-	-	0.01
Total Current Assets	166.04	175.94	185.01	177.06	164.84	113.78
Property, Plant & Equipment	25.23	26.38	16.36	19.9	27.94	28.15
Goodwill	48.51	48.51	48.51	48.51	48.07	42.29
Other Intangible Assets	21.03	22.23	27.07	31.88	38.06	17.95
Long-Term Deferred Tax Assets	0.83	0.68	5.42	8.03	9.78	13.97
Long-Term Deferred Charges	37.93	38.29	41.53	37.14	44.29	45.77
Total Assets	299.56	312.02	323.9	322.53	332.98	261.9
Accounts Payable	7.45	10.22	12.94	15.58	14.23	9
Accrued Expenses	150.38	29.36	40.72	100.8	24.96	15.75
Current Portion of Leases	7.26	7.5	4.41	7.41	7.8	4.62
Current Income Taxes Payable	-	-	-	-	0.1	0.32
Current Unearned Revenue	-	113.33	112.32	26.83	102.51	81.09
Other Current Liabilities	2.91	3.92	5.12	10.78	11.86	4.15
Total Current Liabilities	168	164.32	175.51	161.41	161.47	114.93
Long-Term Leases	8.2	9.33	4.73	2.14	8.88	10.09
Other Long-Term Liabilities	-	-0	-0	-	-	-
Total Liabilities	176.2	173.65	180.24	163.55	170.34	125.02
Common Stock	1.41	1.41	1.28	1.28	1.28	1.24
Additional Paid-In Capital	233.24	232.98	201.73	201.39	201.17	144.76
Retained Earnings	-107.96	-91.63	-60.01	-42.26	-39.44	-10.02
Comprehensive Income & Other	-3.33	-4.38	0.66	-1.43	-0.37	0.91
Shareholders' Equity	123.36	138.38	143.66	158.97	162.64	136.89
Total Liabilities & Equity	299.56	312.02	323.9	322.53	332.98	261.9
Total Debt	15.46	16.82	9.14	9.56	16.68	14.7
Net Cash (Debt)	40.76	16.56	44.45	49.56	30.61	-2.01
Net Cash Growth	105.83%	-62.76%	-10.32%	61.92%	-	-
Net Cash Per Share	1.42	0.59	1.74	1.94	1.21	-0.08
Filing Date Shares Outstanding	28.13	28.13	25.57	25.57	25.57	24.77
Total Common Shares Outstanding	28.13	28.13	25.57	25.57	25.57	24.77
Working Capital	-1.97	11.62	9.5	15.65	3.38	-1.15
Book Value Per Share	4.39	4.92	5.62	6.22	6.36	5.53
Tangible Book Value	53.82	67.64	68.09	78.58	76.5	76.65
Tangible Book Value Per Share	1.91	2.40	2.66	3.07	2.99	3.09
Machinery	-	18.81	19.99	36.53	-	-
Leasehold Improvements	-	2.61	0.43	0.43	-	-
Order Backlog	-	130	138	156	126	87.1

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